Tulsa, OK
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Classically Formed Foundation Inc, founded in 2022, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 98% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 7% surplus.
The Classically Formed Foundation mission is to form schools that form the hearts and minds of students through a content rich classical education in the liberal arts and sciences with instruction in the principles of moral character and civic virtue. The foundation is engaged in acquiring, developing, building, and leasing K-12 school facilities to Classically Formed Inc. and its affiliated schools. The foundation supports Classically Formed Inc. and its affiliated schools through development and advancement.
Classically Formed Foundation, Inc. is a Type I supporting organization dedicated to forming a network of K-12 classical charter schools throughout the state of Oklahoma. Consistent with the Oklahoma...
Classically Formed Foundation, Inc. is a Type I supporting organization dedicated to forming a network of K-12 classical charter schools throughout the state of Oklahoma. Consistent with the Oklahoma Charter School Act, these schools employ different and innovative teaching methods, offer increased learning opportunities, and improve student learning across disciplines.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,740,629 | $879,029 | +1.0% |
| Expenses | $1,614,441 | $130,301 | +11.4% |
| Net Income | $126,188 | $748,728 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Brian Beam | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Chris George | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Julie James | Secretary | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Belinda Jordan | Director | 0.50 |
Director
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$0 | $0 | $0 |
| Jack Lee | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Nathan Phelps | President | 5.00 |
Officer
Director
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$0 | $0 | $0 |
| J David Veitch | Director | 0.50 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $1,740,629 | $1,614,441 | $20,983,962 | $126,188 |
| 2023 | $879,029 | $130,301 | $20,294,018 | $748,728 |
Compare Classically Formed Foundation Inc with other nonprofits in Oklahoma and across the country.