ANTHEM CLASSICAL ACADEMY

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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

2020

Legal Domicile

Principal Officer

Ryan Gorman

Phone

4793163689

Tax Period

2024-07-01 to 2025-06-30

ANTHEM CLASSICAL ACADEMY, founded in 2020, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 6% surplus.

Mission

Anthem Classical Academy is a school that exists to cultivate the hearts and minds of its students ordering their affections around the things that are good true and beautiful. We pursue excellence in character scholarship and service out of reverence for God and His glory.

Program Service Accomplishments

Program 1

Expenses: $1,231,469 Revenue: $0

Education

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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 $146,919

Program Service Revenue $1,155,577

Investment Income $2,818

Other Revenue $0

TOTAL REVENUE $1,305,314

Expense Breakdown

Grants Paid $0

Salaries & Benefits $941,143

Fundraising Expenses $0

Program Expenses $1,231,469

Other Expenses $290,326

TOTAL EXPENSES $1,231,469

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,305,314	$841,805	+0.6%
Expenses	$1,231,469	$818,347	+0.5%
Net Income	$73,845	$23,458	+2.1%

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

$77,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cliff Hughes	Chairman	1.00	Director	$0	$0	$0
Cassidy Syftestad	Secretary	1.00	Director	$0	$0	$0
Albert Cheng	Trustee	1.00	Director	$0	$0	$0
Jacob Lively	Trustee	1.00	Director	$0	$0	$0
Rachael Wilson	Trustee	1.00	Director	$0	$0	$0
Ryan Gorman	Head of School	90.00	Officer	$77,500	$0	$77,500

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	$1,305,314	$1,231,469	$171,595	$73,845
2024	No data	No data	No data	No data
2023	$453,466	$464,968	$264,478	$-11,502
2022	$267,386	$210,418	$157,619	$56,968