PINEAPPLE COVE CLASSICAL ACADEMY AT LOCKMAR INC

EIN: 853460208 501(c)(3) Education

PALM BAY, FL

Total Revenue
$7,581,929
Total Expenses
$8,391,779
Total Assets
$18,656,097
Net Assets
$-3,886,091
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Principal Officer
NORDA GORDON
Phone
3214992585
Tax Period
2023-07-01 to 2024-06-30

PINEAPPLE COVE CLASSICAL ACADEMY AT LOCKMAR INC, founded in 2022, is a community nonprofit in the Education sector that reported $7.6M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $8.4M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO OPERATE A CHARTER SCHOOL IN BREVARD COUNTY, FLORIDA

Program Service Accomplishments

Program 1
Expenses: $5,065,672 Revenue: $626,379

TO PROVIDE A RIGOROUS CURRICULUM THAT USES TIME-TESTED INSTRUCTIONAL APPROACHES WITH PROVEN TRACK RECORDS OF SUCCESS. THE FOUNDATION FOR PINEAPPLE COVE CLASSICAL ACADEMY AT LOCKMAR'S CURRICULUM IS...

Read more

TO PROVIDE A RIGOROUS CURRICULUM THAT USES TIME-TESTED INSTRUCTIONAL APPROACHES WITH PROVEN TRACK RECORDS OF SUCCESS. THE FOUNDATION FOR PINEAPPLE COVE CLASSICAL ACADEMY AT LOCKMAR'S CURRICULUM IS THE CORE KNOWLEDGE SEQUENCE. THE CORE KNOWLEDGE IS BADED UPON E.E. HIRSH'S IDEA OF CULTURAL LITERACY, WHICH MAKES IT THE IDEAL BASIS FOR A CLASSICAL LIBERAL ARTS SCHOOL.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,923,382
Program Service Revenue $626,379
Investment Income $32,168
Other Revenue $0
TOTAL REVENUE $7,581,929

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,915,488
Fundraising Expenses $0
Program Expenses $5,065,672
Other Expenses $3,476,291
TOTAL EXPENSES $8,391,779

Year-over-Year Comparison

2023 2022 Change
Revenue $7,581,929 $5,980,263 +0.3%
Expenses $8,391,779 $9,056,504 -0.1%
Net Income $-809,850 $-3,076,241 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE CONTRERAS BOARD MEMBER N/A
Director
$0 $0 $0
ANGELA STURM ESQ SECRETARY N/A
Officer Director
$0 $0 $0
NORDA GORDON PRESIDENT N/A
Officer Director
$0 $0 $0
REBECCA NAGEL BOARD MEMBER N/A
Director
$0 $0 $0
NICOLE SILVESTRI PARENT LIASO N/A
Officer 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 No data No data No data No data
2024 $7,581,929 $8,391,779 $18,656,097 $-809,850
2023 $5,980,263 $9,056,504 $18,854,121 $-3,076,241
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare PINEAPPLE COVE CLASSICAL ACADEMY AT LOCKMAR INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.