SHINING ROCK CLASSICAL ACADEMY HOLDINGS INC

EIN: 873229485 501(c)(3) Education

WAYNESVILLE, NC

Total Revenue
$1,315,982
Total Expenses
$1,875,518
Total Assets
$17,557,508
Net Assets
$-3,450,842
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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
2022
Legal Domicile
NC
Principal Officer
ALYSON WEIMAR
Phone
8284765150
Tax Period
2023-07-01 to 2024-06-30

SHINING ROCK CLASSICAL ACADEMY HOLDINGS INC, founded in 2022, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 286% from the prior year, signaling strong growth momentum. Expenses of $1.9M exceeded revenue, resulting in a 43% operating deficit.

Mission

TO PRESERVE THE FIDUCIARY RESPONSIBILITIES OF SHINING ROCK CLASSICAL ACADEMY.

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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 $1,216,934
Investment Income $99,048
Other Revenue $0
TOTAL REVENUE $1,315,982

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,914
Other Expenses $1,875,518
TOTAL EXPENSES $1,875,518

Year-over-Year Comparison

2023 2022 Change
Revenue $1,315,982 $341,000 +2.9%
Expenses $1,875,518 $3,232,309 -0.4%
Net Income $-559,536 $-2,891,309 -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
9
Independent Members
9
Employees
N/A
Volunteers
9

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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALYSON WEIMAR CHAIR 1.00
Officer Director
$0 $0 $0
ROB GEVJAN TREASURER 1.00
Officer Director
$0 $0 $0
ABBIE WILKINS SECRETARY 1.00
Officer Director
$0 $0 $0
SHANE MESSER MEMBER 1.00
Director
$0 $0 $0
LARRY DAVIS MEMBER 1.00
Director
$0 $0 $0
BUTCH MULLINIX MEMBER 1.00
Director
$0 $0 $0
AUGUSTA ADELEKE MEMBER 1.00
Director
$0 $0 $0
BROOK BUCKALEW MEMBER 1.00
Director
$0 $0 $0
JOSHUA SIMS MEMBER 1.00
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 $1,315,982 $1,875,518 $17,557,508 $-559,536
2023 $341,003 $3,232,309 $18,093,037 $-2,891,306
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