CLASSICAL SCHOLARS INC

EIN: 923431131 501(c)(3) Education

Hendersonville, NC

Total Revenue
$290,101
Total Expenses
$295,954
Total Assets
$37,915
Net Assets
$37,915
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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
2023
Legal Domicile
NC
Phone
8286741359
Tax Period
2023-01-01 to 2023-12-31

CLASSICAL SCHOLARS INC, founded in 2023, is a small nonprofit in the Education sector that reported $290K in total revenue in fiscal year 2023.

Mission

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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,835
Program Service Revenue $277,963
Investment Income $0
Other Revenue $10,303
TOTAL REVENUE $290,101

Expense Breakdown

Grants Paid $538
Salaries & Benefits $249,411
Fundraising Expenses $0
Program Expenses $249,411
Other Expenses $46,005
TOTAL EXPENSES $295,954

Year-over-Year Comparison

2023 2022 Change
Revenue $290,101 N/A N/A
Expenses $295,954 N/A N/A
Net Income $-5,853 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

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
5
Independent Members
5
Employees
N/A
Volunteers
25

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
2
$65,793
Total Directors
5
$78,093
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZA HARDIN PRESIDENT AND TEACHER 40.00
Officer Director
$33,720 $0 $33,720
KATIE DUJDALE ASSISTANT DIRECTOR AND TEACHER 25.00
Officer Director
$32,073 $0 $32,073
ETHAN BROWN BOARD MEMBER TEACHER 10.00
Director
$10,005 $0 $10,005
MARISA RENEGAR BOARD MEMBER TEACHER 15.00
Director
$2,295 $0 $2,295
ROBERT MALT BOARD MEMBER 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 $290,101 $295,954 $37,915 $-5,853
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