CLARKSBURG CLASSICAL ACADEMY INC

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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

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 PUBLIC CHARTER SCHOOL SERVING THE HARRISON COUNTY, WEST VIRGINIA AREA. WE PROVIDE A SAFE, HIGH- STANDARD PK7 EDUCATION WHERE "EVERYBODY KNOWS YOUR NAME." BY BLENDING A CLASSICAL APPROACH WITH A MODERN, SUPPORTIVE COMMUNITY, WE DONT JUST TEACH SUBJECTSWE TEACH STUDENTS HOW TO LEARN, ENSURING THEY ARE PREPARED FOR THE RIGORS OF HIGH SCHOOL, COLLEGE, AND BEYOND.

Program Service Accomplishments

Program 1

Expenses: $1,099,489 Revenue: $617,857

AT CLARKSBURG CLASSICAL ACADEMY, STUDENTS BUILD A STRONG ACADEMIC FOUNDATION THROUGH A RIGOROUS CLASSICAL CURRICULUM GUIDED BY THE TRIVIUM MODELGRAMMAR, LOGIC, AND RHETORIC. WITH HIGH EXPECTATIONS...

AT CLARKSBURG CLASSICAL ACADEMY, STUDENTS BUILD A STRONG ACADEMIC FOUNDATION THROUGH A RIGOROUS CLASSICAL CURRICULUM GUIDED BY THE TRIVIUM MODELGRAMMAR, LOGIC, AND RHETORIC. WITH HIGH EXPECTATIONS, SMALL CLASS SIZES, AND A NURTURING ENVIRONMENT, STUDENTS ARE SUPPORTED AS THEY GROW INTO THOUGHTFUL, ARTICULATE LEARNERS. INSTRUCTION IS ENRICHED BY TECHNOLOGY, WITH CHROMEBOOKS FOR EVERY STUDENT AND SMARTBOARDS IN EVERY CLASSROOM, ENSURING LESSONS ARE BOTH INTERACTIVE AND ALIGNED WITH MODERN TOOLS FOR LEARNING. ENRICHMENT COURSES SUCH AS PERFORMING ARTS AND CHARACTER EDUCATION DEEPEN THE EXPERIENCE, HELPING STUDENTS BUILD CONFIDENCE, EMPATHY, AND CREATIVITY.

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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 (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

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

Key Employees

Highest Compensated

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