NORTH STAR ACADEMY CHARTERED PUBLIC SCHOOL

EIN: 931368455 501(c)(3) Education

OSSIPEE, NH

Total Revenue
$609,243
Total Expenses
$285,622
Total Assets
$871,245
Net Assets
$574,565
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
NH
Principal Officer
GREG BROOKS
Phone
6033127895
Tax Period
2024-07-01 to 2025-06-30

NORTH STAR ACADEMY CHARTERED PUBLIC SCHOOL, founded in 2024, is a small nonprofit in the Education sector that reported $609K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $324K, a strong 53% operating margin.

Mission

THE PRIMARY GOAL OF NORTH STAR ACADEMY, A CHARTERED PUBLIC SCHOOL, IS TO BUILD ON THE PRINCIPLES OF CLASSICAL, SOCRATIC EDUCATION. FROM ASTROPHYSICS TO MUSIC, OR FROM POETRY TO ROBOTICS, OUR TEACHING WILL ILLUMINATE THE COMMON PRINCIPLES THAT CONNECTS ALL SUBJECT MATTERS, SUCH AS SYMMETRY, DYNAMICS, AND POTENTIAL. NORTH STAR ACADEMY AIMS TO ESTABLISH RESEARCH BASED LEARNING WITH AN EMPHASIS ON DERIVING LESSONS FROM ORIGINAL SOURCES. UNDERSTANDING THE CHARACTERISTICS OF HISTORIC INDIVIDUALS WILL BE EMPHASIZED AND EXPLORED IN THE CONTEXT OF THEIR CONTRIBUTIONS TO WESTERN CIVILIZATION. UTILIZING A WELL ROUNDED CURRICULUM, STUDENTS WILL MASTER THEIR OWN ABILITIES, KNOWLEDGE, AND CONFIDENCE, SETTING THEM ON A PATH TO BECOMING LEADERS AND CONTRIBUTORS TO NEW HAMPSHIRE'S INNOVATION AND GROWTH. THIS DEVELOPMENTAL PATH WILL PROVIDE THE STUDENTS A MORAL AND INTELLECTUAL IMPETUS TO INCREASE THEIR RESPONSIBILITY FOR THEIR LIFE AND THE WORLD AROUND THEM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $609,218
Program Service Revenue $0
Investment Income $0
Other Revenue $25
TOTAL REVENUE $609,243

Expense Breakdown

Grants Paid $0
Salaries & Benefits $56,754
Fundraising Expenses $0
Program Expenses $2,935
Other Expenses $228,868
TOTAL EXPENSES $285,622

Year-over-Year Comparison

2024 2023 Change
Revenue $609,243 $485,322 +0.3%
Expenses $285,622 $234,378 +0.2%
Net Income $323,621 $250,944 +0.3%
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
2
Volunteers
1

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
5
$52,893
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL YULE VICE CHAIR 5.00
Officer Director
$0 $0 $0
GREG BROOKS TREASURER 5.00
Officer Director
$0 $0 $0
JUSTIN WORTHLEY CHAIR 0.62
Officer Director
$0 $0 $0
NICHOLAS CIANCARELLI TRUSTEE 0.25
Director
$0 $0 $0
KARL NORDLUND SECRETARY 0.25
Officer Director
$0 $0 $0
JONATHAN SARTY TRUSTEE 0.00
Director
$0 $0 $0
ADRIEN YULE OFFICER 40.00
Officer
$52,893 $0 $52,893
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 $609,243 $285,622 $871,245 $323,621
2024 $485,322 $234,378 $892,359 $250,944
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