St Thomas Classical Academy EIN 82-2513977 Form 990 (PDF) Claim this org

St Thomas Classical Academy FY2022 filing

Not yet claimed Claim this org →

Supports Catholic families homeschooling children classically in faith and academics. For fiscal year 2022 it reported $232K in revenue, $210K in expenses, and $48K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Wdm, IA
Website
stthomasclassical.org
Filings
5 on file (2021–2022)
Revenue
$232KFY2022
Expenses
$210K
Net assets
$48K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-2513977 Public charity (501(c)(3)) Wdm, IA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until St Thomas Classical Academy claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Supports Catholic families homeschooling children classically in faith and academics.
Leadership
Wendy Ogden · President
Money in and out
$232K revenue, $210K expenses
Bottom line
99% program efficiency
Where the money goes · FY2022
Total revenue
$232K
Pt VIII · Ln 12
Total expenses
$210K
Pt IX · Ln 25
Net assets
$48K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $22K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01 Fundraising $0.00
Program efficiency
99%
of spending reaches programs
Operating runway
9.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+10%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$232K
FY2022▲ +29%
Expenses
$210K
FY2022
Total assets
$231K
FY2022
Total liabilities
$183K
FY2022
Total revenue
$232K
Pt VIII · Ln 12
Total expenses
$210K
Pt IX · Ln 25
Net assets
$48K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$22K
Total assetsPt X · Ln 16$231K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSt Thomas Classical Academy
EINHdr · item D82-2513977
Principal addressHdr · item CWdm, IA
WebsiteHdr · item Jstthomasclassical.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFOct 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Bryan Gonzalez’s $3K as Director is at the 2nd percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2021
Dawn Ogden$20,000
Dawn Ogden$5,300
Bryan Gonzalez$3,300$4,840
Mark Purtle$3,120
Lindsay Maher$2,880
Erica Scheve$2,490
Matt Dougan$1,000$2,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See St Thomas Classical Academy executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $208K of program spending, described in the organization's own filed words · FY2021.
01

ST. Thomas classical academy served over 117 children from more than 45 families during this tax year by assisting with many different curriculum and homeschool needs and providing tutors for two full class days per week, to supplement the homeschooling efforts of the parents during the remainder of the week.

$208Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue$157K · 68%
Contributions & grants$68K · 29%
Other revenue$6K · 3%
Program service revenue68%$157K
Contributions & grants29%$68K
Other revenue3%$6K
Total revenueLn 12$232K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01 Fundraising $0.00
Program services99%$208K
Management & general1%$1K
Fundraising$195
Total functional expensesLn 25$210K

Balance Sheet

Part X · end of year
CashLn 1$161K
Total assetsLn 16$231K
Total liabilitiesLn 26$183K
Total net assetsLn 32$48K
Months of cash on handcomputed9.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $161K · Operating expenses/yr $210K
9.2 months
Where the money goes
Program services
Program services $208K · Total expenses $210K
99%
Management & General
Management & general $1K · Total expenses $210K
0.6%
Fundraising
Fundraising $195 · Total expenses $210K
0.09%
Cost to raise $1
Fundraising expense $195 · Solicited contributions $68K
$0.00 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $68K · Total revenue $232K
29%
Government reliance
Government grants — · Total revenue $232K
Earned-income share
Program service revenue $157K · Total revenue $232K
68%
Investment reliance
Investment income $0 · Total revenue $232K
0%
Program self-sufficiency
Program service revenue $157K · Total expenses $210K
75%
Growth & trend
Revenue growth (YoY)
This year $232K · Prior year $179K
+29%
Net-asset trend (YoY)
End of year $48K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $232K · Expenses $210K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $231K
Net-asset ratio
Net assets $48K · Total assets $231K
21%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $231K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Wendy Ogden · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $210K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $210K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 0.6%
Fundraising cost ratio 0.3%
Revenue growth 29%
Legal fee ratio 0.04%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$35K

Similar Organizations

Closest in mission — by what they do
See all organizations like St Thomas Classical Academy →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$257K revenue · ⤓ 990 PDF
FY2024$256K revenue · ⤓ 990 PDF
FY2023$245K revenue · ⤓ 990 PDF
FY2022$232K revenue · viewing · ⤓ 990 PDF
FY2021$179K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.