CLARKSBURG CLASSICAL ACADEMY INC

EIN: 933139512 501(c)(3) Education

CLARKSBURG, WV

Total Revenue
$617,857
Total Expenses
$1,422,871
Total Assets
$538,079
Net Assets
$-807,596
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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
2024
Legal Domicile
WV
Principal Officer
CHRISTOPHER WALKER
Phone
3048501022
Tax Period
2024-07-01 to 2025-06-30

CLARKSBURG CLASSICAL ACADEMY INC, founded in 2024, is a small nonprofit in the Education sector that reported $618K in total revenue in fiscal year 2024. Expenses of $1.4M exceeded revenue, resulting in a 130% operating deficit.

Mission

CLARKSBURG CLASSICAL ACADEMY IS A TUITION-FREE CHARTER SCHOOL OFFERING A CLASSICAL EDUCATION TO STUDENTS IN AND AROUND HARRISON COUNTY, WEST VIRGINIA.

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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 $617,857
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $617,857

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,099,489
Other Expenses $1,422,871
TOTAL EXPENSES $1,422,871

Year-over-Year Comparison

2024 2023 Change
Revenue $617,857 N/A N/A
Expenses $1,422,871 N/A N/A
Net Income $-805,014 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
5

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBECCA COLLEY BOARD MEMBER 1.00
Director
$0 $0 $0
KATELYN FINK BOARD MEMBER 1.00
Director
$0 $0 $0
DOUGLAS PETERS SECRETARY/TR 2.50
Officer Director
$0 $0 $0
CHRISTOPHER SIGLEY BOARD VICE C 2.50
Officer Director
$0 $0 $0
CHRISTOPHER WALKER BOARD CHAIRM 5.00
Officer 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
2025 $617,857 $1,422,871 $538,079 $-805,014
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