CLASSICAL EDUCATION NETWORK INC (EIN 873871530) - 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

2021

Legal Domicile

Principal Officer

CHRIS HUDSON

Phone

2392020403

Tax Period

2023-07-01 to 2024-06-30

CLASSICAL EDUCATION NETWORK INC, founded in 2021, is a community nonprofit in the Education sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 121% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE AN EXCELLENT, VIRTUE-CENTERED EDUCATION USING A CLASSICAL CURRICULUM, GREAT BOOKS, AND INNOVATIVE CONTENT DELIVERY IN THE CONTEXT OF A SINCERE AND INSPIRING COMMUNITY OF SCHOLARS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,000

Program Service Revenue $2,494,433

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,497,433

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,720,033

Other Expenses $2,720,033

TOTAL EXPENSES $2,720,033

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,497,433	$1,129,327	+1.2%
Expenses	$2,720,033	$1,276,111	+1.1%
Net Income	$-222,600	$-146,784	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER HUDSON	CHARIMAN	4.00	Director	$0	$0	$0
GLENTON GILZEAN	VICE CHAIRMAN	1.00	Director	$0	$0	$0
DONALDS BURGESS	DIRECTOR	1.00	Director	$0	$0	$0
CARY MITCHELL	SECRETARY	2.00	Director	$0	$0	$0
ERIC JOHNSON	CHARIMAN	5.00	Director	$0	$0	$0
GIFFORD BRIGGS	DIRECTOR	2.00	Director	$0	$0	$0
KENNETH WONSTOLEN	DIRECTOR	2.00	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
2024	$2,497,433	$2,720,033	$34,451,668	$-222,600
2023	$1,129,327	$1,276,111	$4,773,009	$-146,784

CLASSICAL EDUCATION NETWORK INC