Friends of Cincinnati Classical Academy (EIN 931771146) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

Thomas J Ritter

Phone

5134700547

Tax Period

2024-07-01 to 2025-06-30

Friends of Cincinnati Classical Academy, founded in 2022, is a community nonprofit in the Education sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 937% from the prior year, signaling strong growth momentum.

Mission

Friends of Cincinnati Classical Academy was established to acquire and operate facilities to accomplish the educational purposes of public community schools and improve overall outcomes by providing additional support.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $612,582

Program Service Revenue $1,517,041

Investment Income $345,042

Other Revenue $0

TOTAL REVENUE $2,474,665

Expense Breakdown

Grants Paid $167,389

Salaries & Benefits $5,000

Fundraising Expenses $111,982

Program Expenses $1,228,338

Other Expenses $2,231,504

TOTAL EXPENSES $2,403,893

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,474,665	$238,686	+9.4%
Expenses	$2,403,893	$80,743	+28.8%
Net Income	$70,772	$157,943	-0.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$5,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Hyacinth I Hyacinth	Director	1.00	Director	$0	$0	$0
William J Laverty	Director	1.00	Director	$0	$0	$0
Thomas J Ritter Sr	Director, V.P. & Treasurer	4.00	Director	$0	$0	$0
David M Smith	Director	1.00	Director	$0	$0	$0
Russell Newsom	Executive Director	40.00	Director	$5,000	$0	$5,000

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	$2,474,665	$2,403,893	$29,079,595	$70,772
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data

Friends of Cincinnati Classical Academy