Cedar Classical Academy EIN 82-3657833

Cedar Classical Academy FY2023 filing

EIN  82-3657833 Public charity (501(c)(3)) Lansing, MI
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps parents teach their children using classical education methods.
Leadership
Jack Hummel · Head of School · $52K
Money in and out
$764K revenue, $719K expenses
Bottom line
73% program efficiency

Helps parents teach their children using classical education methods. For fiscal year 2023 it reported $764K in revenue, $719K in expenses, and $759K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$764K
Pt VIII · Ln 12
Total expenses
$719K
Pt IX · Ln 25
Net assets
$759K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $45K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.27
Program efficiency
73%
of spending reaches programs
Operating runway
10.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$764K
FY2023▼ -0.6%
Expenses
$719K
FY2023▲ +61%
Total assets
$1.3M
FY2023▲ +76%
Total liabilities
$550K
FY2023▲ ×17
Total revenue
$764K
Pt VIII · Ln 12
Total expenses
$719K
Pt IX · Ln 25
Net assets
$759K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$45K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $525K of program spending, described in the organization's own filed words · FY2022.
01

We offer a rigorous course of study in the western liberal arts tradition, teaching students to discover goodness, truth, and beauty in every discipline as a reflection of god - the father, the son, and the holy spirit.

$525Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCedar Classical Academy
EINHdr · item D82-3657833
Principal addressHdr · item CLansing, MI
WebsiteHdr · item Jwww.cedarclassicalacademy.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B60)
Ruling yearIRS BMFMar 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Head of School
$52,049Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Jack Hummel’s $64K as Head of School is at the 56th percentile of top reported officer pay among 1616 $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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jack Hummel$64,104$55,625$52,049$50,170$51,065$22,385

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.

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Statement of Revenue

Part VIII
Program service revenue$472K · 62%
Contributions & grants$284K · 37%
Other revenue$8K · 1%
Program service revenue62%$472K
Contributions & grants37%$284K
Other revenue1%$8K
Investment income$1K
Total revenueLn 12$764K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.27
Program services73%$525K
Management & general27%$195K
Total functional expensesLn 25$719K

Balance Sheet

Part X · end of year
CashLn 1$587K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$550K
Total net assetsLn 32$759K
Months of cash on handcomputed9.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $615K · Operating expenses/yr $719K
10.3 months
Where the money goes
Program services
Program services $525K · Total expenses $719K
73%
Management & General
Management & general $195K · Total expenses $719K
27%
Fundraising
Fundraising $0 · Total expenses $719K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $378K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $284K · Total revenue $764K
37%
Government reliance
Government grants — · Total revenue $764K
Earned-income share
Program service revenue $472K · Total revenue $764K
62%
Investment reliance
Investment income $1K · Total revenue $764K
+0.1%
Program self-sufficiency
Program service revenue $472K · Total expenses $719K
66%
Growth & trend
Revenue growth (YoY)
This year $764K · Prior year $769K
-0.6%
Net-asset trend (YoY)
End of year $759K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $764K · Expenses $719K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $759K · Total assets $1.3M
58%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $28K · Total assets (Pt X, ln 16) $1.3M
2%
People & payroll
Highest Reported Total Compensation
Individual Jack Hummel · Reported title HEAD OF SCHOOL · Highest reported compensation $52K · Total expenses $719K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $459K · Total expenses $719K
64%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 27%
Fundraising cost ratio 0%
Revenue growth -0.6%
Investment management fee ratio 0.03%
Legal fee ratio 0.06%
Accounting fee ratio 2%

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 3 funders$88K
See all 3 funders →

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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)$917K revenue · ⤓ 990 PDF
FY2024$952K revenue · ⤓ 990 PDF
FY2023$764K revenue · viewing · ⤓ 990 PDF
FY2022$769K revenue · ⤓ 990 PDF
FY2021$546K revenue · ⤓ 990 PDF
FY2020$372K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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