CLASSICAL ACADEMY (EIN 841349017) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

MARK VANGAMPLEARE

Phone

7194886479

Tax Period

2024-07-01 to 2025-06-30

CLASSICAL ACADEMY, founded in 1997, is a mid-sized nonprofit in the Education sector that reported $47.5M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $43.5M left a modest 8% surplus.

Mission

THE CLASSICAL ACADEMY EXISTS TO ASSIST PARENTS IN THEIR MISSION TO DEVELOP EXEMPLARY CITIZENS EQUIPPED WITH ANALYTICAL THINKING SKILLS, VIRTUOUS CHARACTER, AND A PASSION FOR LEARNING, ALL BUILT UPON A SOLID FOUNDATION OF KNOWLEDGE. THIS ORGANIZATION PROVIDED EDUCATIONAL SERVICES FOR STUDENTS IN GRADES K-12.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,507,553

Program Service Revenue $41,611,378

Investment Income $1,394,284

Other Revenue $17,044

TOTAL REVENUE $47,530,259

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,079,845

Fundraising Expenses $391,299

Program Expenses $28,686,790

Other Expenses $12,468,211

TOTAL EXPENSES $43,548,056

Year-over-Year Comparison

	2024	2023	Change
Revenue	$47,530,259	$41,982,250	+0.1%
Expenses	$43,548,056	$41,313,788	+0.1%
Net Income	$3,982,203	$668,462	+5.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

720

Volunteers

290

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$963,019

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT THOMASON	PRESIDENT	40	Officer	$178,235	$55,294	$233,529
WESLEY JOLLY	DIRECTOR OF ACADEMIC SERVICES	40	Officer	$165,881	$38,653	$204,534
SEAN SHIELDS	HIGH SCHOOL PRINCIPAL	40	Highest	$144,746	$43,833	$188,579
MARTA SCHULZ	DIRECTOR OF HUMAN RESOURCES	40	Officer	$144,831	$42,845	$187,676
MARK VANGAMPLEARE	CFO	40	Officer	$138,977	$44,365	$183,342
HUGH DI PRETORE	JUNIOR HIGH PRINCIPAL	40	Highest	$132,339	$39,297	$171,636
JUSTIN PETERSON	PRINCIPAL	40	Highest	$122,240	$37,212	$159,452
KEVIN PACHT	DIRECTOR OF OPERATIONS	40	Officer	$117,918	$36,020	$153,938
AMY POPE	PRINCIPAL	40	Highest	$111,986	$31,493	$143,479
MATTHEW SUTTON	DIRECTOR OF STUDENT SUPPORT SERVICES	40	Highest	$100,017	$36,216	$136,233
JAMES FRADETTE	BOARD CHAIRMAN	3	Director	$0	$0	$0
KELLI HAWKINS	BOARD VICE CHAIRMAN	3	Director	$0	$0	$0
STEVE YOUNG	TREASURER	3	Director	$0	$0	$0
LAURA MOFFAT	BOARD SECRETARY	3	Director	$0	$0	$0
BEN BRIGHTWELL	BOARD DIRECTOR	3	Director	$0	$0	$0
RIAAN HEYNS	BOARD DIRECTOR	3	Director	$0	$0	$0
JON SKORICH	BOARD DIRECTOR	3	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$47,530,259	$43,548,056	$98,115,473	$3,982,203
2024	No data	No data	No data	No data
2023	$38,175,570	$36,921,781	$94,536,388	$1,253,789
2022	$35,936,817	$33,180,396	$94,115,876	$2,756,421
2021	$39,391,484	$31,537,482	$97,154,437	$7,854,002
2020	$33,838,757	$31,598,638	$84,092,429	$2,240,119
2019	$35,575,749	$31,077,805	$91,436,970	$4,497,944
2018	$42,381,666	$48,651,107	$102,637,176	$-6,269,441

CLASSICAL ACADEMY