MAGNOLIA CLASSICAL ACADEMY

EIN: 871732960 501(c)(3) Education

PINEHURST, TX

Total Revenue
$306,022
Total Expenses
$299,906
Total Assets
$9,688
Net Assets
$9,688
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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
2021
Legal Domicile
TX
Principal Officer
LESLIE GESINO
Phone
7134940324
Tax Period
2023-07-01 to 2024-06-30

MAGNOLIA CLASSICAL ACADEMY, founded in 2021, is a small nonprofit in the Education sector that reported $306K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

TO COORDINATE CLASSICAL, CHRISTIAN HOME SCHOOL 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $292,764
Investment Income $0
Other Revenue $13,258
TOTAL REVENUE $306,022

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $3,247
Program Expenses $279,789
Other Expenses $299,906
TOTAL EXPENSES $299,906

Year-over-Year Comparison

2023 2022 Change
Revenue $306,022 $227,843 +0.3%
Expenses $299,906 $199,557 +0.5%
Net Income $6,116 $28,286 -0.8%
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

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Governance

Voting Members
4
Independent Members
4
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HANNAH BIEDERER VICE PRESIDE N/A
Officer
$0 $0 $0
BRENDA DEBOR TREASURER N/A
Officer
$0 $0 $0
LESLIE GESINO PRESIDENT N/A
Officer
$0 $0 $0
SHELLEY MILLS BOARD CHAIR N/A
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 $306,022 $299,906 $9,688 $6,116
2023 $227,843 $199,557 $14,182 $28,286
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