GULF COAST CLASSICAL ACADEMY INC

EIN: 874622707 501(c)(3) Education

CLEARWATER, FL

Total Revenue
$279,868
Total Expenses
$237,466
Total Assets
$74,582
Net Assets
$72,604
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
FL
Tax Period
2022-07-01 to 2023-06-30

GULF COAST CLASSICAL ACADEMY INC, founded in 2022, is a small nonprofit in the Education sector that reported $280K in total revenue in fiscal year 2022. The organization ran a surplus of $42K, a strong 15% operating margin.

Mission

The purposes of the Corporation as set forth in the Articles of Incorporation are exclusively charitable educational or religious within the meaning of section 501c3 of the Internal Revenue Code of 1986 as amended or the corresponding provision of any future Federal tax law Section 501c3. In furtherance of such purposes the Corporation shall have the same powers as an individual to do all things necessary or convenient to carry out the purposes as set forth in the Articles of Incorporation and these Bylaws. The specific purposes of the Corporation are to support Christian families in educating their children to the highest standards by operating a full time classical non-denominational Christian school which will educate children and equip them with wisdom and virtue to recognize the objective truth goodness and beauty that exists in the world.

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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 (2022)

Revenue Breakdown

Contributions & Grants $15,818
Program Service Revenue $264,050
Investment Income $0
Other Revenue $0
TOTAL REVENUE $279,868

Expense Breakdown

Grants Paid $0
Salaries & Benefits $44,453
Fundraising Expenses $0
Program Expenses $237,466
Other Expenses $193,013
TOTAL EXPENSES $237,466

Year-over-Year Comparison

2022 2021 Change
Revenue $279,868 N/A N/A
Expenses $237,466 N/A N/A
Net Income $42,402 N/A N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
20

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
7
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christine Heuchan Secretary Director 5.00
Officer Director
$0 $0 $0
Amy Mack President Treasurer Director 10.00
Officer Director
$0 $0 $0
David Godwin Director 5.00
Officer Director
$0 $0 $0
James Kneblik Vice President Director 5.00
Officer Director
$0 $0 $0
Carol Engwall Director 7.00
Officer Director
$0 $0 $0
Jennifer Johnson Head of School 50.00
Officer
$0 $0 $0
Michael Mack Administrator Financial Officer 50.00
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 No data No data No data No data
2023 $279,868 $237,466 $74,582 $42,402
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