LOGOS CLASSICAL ACADEMY INC (EIN 844132047) - 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

2019

Legal Domicile

Principal Officer

SHANNON JOHNSON

Phone

7069017823

Tax Period

2024-01-01 to 2024-12-31

LOGOS CLASSICAL ACADEMY INC, founded in 2019, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

TO GLORIFY GOD BY WORKING IN PARTNERSHIP WITH CHRISTIAN FAMILIES TO EQUIP THEIR CHILDREN WITH A CHRIST-CENTERED, ACADEMICALLY EXCELLENT, CLASSICAL EDUCATION FOCUSED ON INSTILLING KNOWLEDGE, UNDERSTANDING, AND WISDOM.

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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 $313,480

Program Service Revenue $1,259,566

Investment Income $0

Other Revenue $8,253

TOTAL REVENUE $1,581,299

Expense Breakdown

Grants Paid $183,285

Salaries & Benefits $1,001,805

Fundraising Expenses $0

Program Expenses $1,142,253

Other Expenses $361,917

TOTAL EXPENSES $1,547,007

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,581,299	$1,365,952	+0.2%
Expenses	$1,547,007	$1,300,948	+0.2%
Net Income	$34,292	$65,004	-0.5%

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

Volunteers

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

$25,477

Total Directors

$25,477

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANNON JOHNSON	PRESIDENT	20.00	Officer Director	$25,477	$0	$25,477
JOEL PRESLEY	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DR BARTON BREZINA	BOARD MEMBER	1.00	Officer	$0	$0	$0
DR TERRY ARRINGTON	BOARD MEMBER	1.00	Officer	$0	$0	$0
CRAIG WILLIAMS	BOARD MEMBER	1.00	Officer	$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	No data	No data	No data	No data
2024	$1,581,299	$1,547,007	$150,108	$34,292
2023	$1,365,952	$1,300,948	$86,266	$65,004
2022	$683,255	$705,179	$33,399	$-21,924
2021	$408,967	$381,512	$59,695	$27,455

LOGOS CLASSICAL ACADEMY INC