VERO CLASSICAL SCHOOL INC (EIN 883423347) - 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

2022

Legal Domicile

Principal Officer

MICHAEL KELLEY

Phone

3056073112

Tax Period

2023-01-01 to 2023-12-31

VERO CLASSICAL SCHOOL INC, founded in 2022, is a small nonprofit in the Education sector that reported $480K in total revenue in fiscal year 2023. Revenue surged 15906% from the prior year, signaling strong growth momentum. The organization ran a surplus of $158K, a strong 33% operating margin.

Mission

The organization is organized exclusively for charitable, religious and educational purposes to provide an exceptional, Christ-centered 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $164,775

Program Service Revenue $315,397

Investment Income $0

Other Revenue $0

TOTAL REVENUE $480,172

Expense Breakdown

Grants Paid $0

Salaries & Benefits $234,637

Fundraising Expenses $2,098

Program Expenses $273,910

Other Expenses $82,859

TOTAL EXPENSES $321,947

Year-over-Year Comparison

	2023	2022	Change
Revenue	$480,172	$3,000	+159.1%
Expenses	$321,947	$2,227	+143.6%
Net Income	$158,225	$773	+203.7%

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

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
Michael Kelley	Director	N/A	Director	$0	$0	$0
Jamison Kelley	Director	N/A	Director	$0	$0	$0
Matt Stott	Director	N/A	Director	$0	$0	$0
Sue Dean	Director	N/A	Director	$0	$0	$0
Judge Joe Wild	Director	N/A	Director	$0	$0	$0
Joel Molinari Sr	Director	N/A	Director	$0	$0	$0
Andrew Barnett	Director	N/A	Director	$0	$0	$0
Nick Bischoff	Director	N/A	Director	$0	$0	$0
Richard Clements	Director	N/A	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	No data	No data	No data	No data
2023	$480,172	$321,947	$158,998	$158,225

VERO CLASSICAL SCHOOL INC