Classical Academy FY2023 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $19,088 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

The Classical Academy exists to assist parents in their mission to develop exemplary citizens equipped with analytical thinking skills, virtuous character, and a passion for learning, all built upon a solid foundation of knowledge.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
$785K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $3.1M a year · 8% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$785K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
8 mo
of spending, in cash
Looks good: 8.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $84K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$94.5M
100% of total assets
Concern: liabilities are 100% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$38.2M
+6% vs prior year
Spent
$36.9M
To programs
63%
Net assets
$31K
By yearFY2020–FY2025
Revenue
$38.2M
FY2023▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$33.8M
FY2021$39.4M
FY2022$35.9M
FY2023$38.2M
FY2024$42.0M
FY2025$47.5M
Expenses
$36.9M
FY2023▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$31.6M
FY2021$31.5M
FY2022$33.2M
FY2023$36.9M
FY2024$41.3M
FY2025$43.5M
Net assets
$31K
FY2023▲ +103%
Tap a bar for its year
Net assets by fiscal year
FY2020−$35.2M
FY2021−$15.9M
FY2022−$1.2M
FY2023$31K
FY2024$699K
FY2025$4.7M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $23.1M Management & general 36% · $13.3M Fundraising 1% · $456K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

13 people listed on the 990; $785K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$196,584Pt VII · Sec A
Director of Academic Services
$132,791Pt VII · Sec A
Director of Human Resources
$119,059Pt VII · Sec A
$115,483Pt VII · Sec A
High School Principal
$114,238Pt VII · Sec A
Junior High Principal
$106,774Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Robert Thomason’s $178K as President is at the 27th percentile of top reported officer pay among 3683 $10–100M 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Russell Sojourner—$133,287$196,584$193,282$182,751$177,570
Robert Thomason$178,235$117,056————
Wesley Jolly$165,881$148,225$132,791$130,567$122,127$119,052
Marta Schulz$144,831$130,141$119,059$122,562$110,333$107,552
Sean Shields$144,746$129,044$114,238$119,894$112,142—
Mark Vangampleare$138,977$126,481$115,483$122,911$114,858$111,953
Hugh Di Pretore$132,339$119,782$106,774$108,230——
Justin Peterson$122,240$110,849—$102,060——

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 Classical Academy executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates K-12 students to develop analytical thinking, virtuous character, and a passion for learning.

Questions for Classical Academy

Tap to ask. Classical Academy sees how many people are interested.

Your first name shows with your question. Classical Academy answers here, for everyone.

1 program · $23.1M · in their own filed words · FY2022
01

Charter school programs-the classical academy is a charter school during the fiscal year. The organization provided educational services for students in grades k-12.

$23.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$38.2M
Ln 12
Fees for servicesLn 2g$33.7M
Gifts and grantsLn 1h$3.6M
Investment incomeLn 3$770K
Money outPt IX
$36.9M
Ln 25
Programscol B$23.1M
Managementcol C$13.3M
Fundraisingcol D$456K
Owns and owesPt X
$31K
net assets · Ln 32
Cash and savingsLn 1–2$26.0M
Total assetsLn 16$94.5M
LiabilitiesLn 26$94.5M
PeoplePt VI, VII
13
listed · VII A
PaidVII A6
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.6M
Government grantsLn 1e$3.1M
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$33.7M
Investment incomeLn 3$770K
Other incomeLn 4–11$94K
Gains on assetsLn 7$0
Total revenueLn 12$38.2M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$26.0M
Cash and savings togetherLn 1–2$26.0M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$52.9M
Other assetsLn 15$14.8M
Total assetsLn 16$94.5M
LiabilitiesLn 26$94.5M
Net assetsLn 32$31K
OperationsPt I, VI
EmployeesI 5720
VolunteersI 6290
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$42.4M
Bond issues listedSch K Pt I2
Raised by those issuesSch K Pt I$54.2M
EndowmentSch D · Pt V
LineFY23FY22FY21FY20FY19
End of yearLn 1g$311K$302K$302K$303K$299K
Given inLn 1b$0$0$0$0$0
SpentLn 1d–1f$0$0$0$0$450K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$24.4M$26.0M
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$55.0M$52.9M
Total assetsLn 16$94.1M$94.5M
LiabilitiesLn 26$95.3M$94.5M
Net assetsLn 32−$1.2M$31K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$1.1M$0$1.1M$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$19.4M$13.7M$5.4M$335K
Pension plan contributionsLn 8$3.7M$2.5M$1.2M$64K
Other employee benefitsLn 9$1.7M$1.2M$519K$18K
Payroll taxesLn 10$282K$188K$90K$5K
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$35K$0$35K$0
Accounting feesLn 11c$22K$0$22K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$38K$0$38K$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$20K$0$20K$0
Office expensesLn 13$127K$0$104K$23K
Information technologyLn 14$495K$277K$208K$10K
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$2.3M$0$2.3M$0
TravelLn 17$28K$12K$16K$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$31K$24K$6K$0
InterestLn 20$1.8M$1.3M$572K$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$3.0M$2.1M$923K$0
InsuranceLn 23$289K$0$289K$0
Other expenses (24a–d)Ln 24$2.4M$2.0M$457K$0
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$36.9M$23.1M$13.3M$456K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 12, 2026 $47.5M$43.5M$4.0M$4.7M 990 PDF
FY2024Filed with the IRS May 13, 2025 $42.0M$41.3M$668K$699K 990 PDF
FY2023 ViewingFiled with the IRS May 14, 2024 $38.2M$36.9M$1.3M$31K 990 PDF
FY2022Filed with the IRS May 4, 2023 $35.9M$33.2M$2.8M−$1.2M 990 PDF
FY2021Filed with the IRS Apr 27, 2022 $39.4M$31.5M$7.9M−$15.9M 990 PDF
FY2020Filed with the IRS May 17, 2021 $33.8M$31.6M$2.2M−$35.2M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $38,175,570 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,666,060$3,637,076
I-9 Program service revenuePrior year $31,201,972$33,675,284
I-10 Investment incomePrior year −$330$769,674
I-11 Other revenuePrior year $69,115$93,536
I-12 Total revenuePrior year $35,936,817$38,175,570
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $23,114,896$26,234,276
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $10,065,500$10,687,505
I-18 Total expensesPrior year $33,180,396$36,921,781
I-19 Revenue less expensesPrior year $2,756,421$1,253,789
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $38,175,570 across 15 lines filed
Lines not itemized here account for $93,536 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$3,111,761
VIII-1f All other contributions, gifts and grants$525,315
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$3,637,076
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $33,675,284 · Unrelated business $0 · Excluded from tax $0$33,675,284
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $769,674$769,674
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $33,675,284 · Unrelated business $0 · Excluded from tax $863,210$38,175,570
Part IX · Statement of functional expenses $36,921,781 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $1,092,172 · Fundraising $0$1,092,172
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $13,685,363 · Management $5,393,399 · Fundraising $335,377$19,414,139
IX-8 Pension plan contributionsPrograms $2,471,979 · Management $1,203,892 · Fundraising $64,407$3,740,278
IX-9 Other employee benefitsPrograms $1,168,238 · Management $519,380 · Fundraising $18,185$1,705,803
IX-10 Payroll taxesPrograms $187,633 · Management $89,524 · Fundraising $4,727$281,884
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $35,248 · Fundraising $0$35,248
IX-11c Accounting feesPrograms $0 · Management $22,500 · Fundraising $0$22,500
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $37,759 · Fundraising $0$37,759
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $0 · Management $19,691 · Fundraising $0$19,691
IX-13 Office expensesPrograms $0 · Management $103,775 · Fundraising $23,143$126,918
IX-14 Information technologyPrograms $276,962 · Management $207,554 · Fundraising $10,330$494,846
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $2,329,995 · Fundraising $0$2,329,995
IX-17 TravelPrograms $12,001 · Management $16,421 · Fundraising $0$28,422
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $24,398 · Management $6,182 · Fundraising $0$30,580
IX-20 InterestPrograms $1,273,499 · Management $572,152 · Fundraising $0$1,845,651
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $2,054,822 · Management $923,181 · Fundraising $0$2,978,003
IX-23 InsurancePrograms $0 · Management $289,319 · Fundraising $0$289,319
IX-24 Other expenses (24a–d)Programs $1,991,378 · Management $457,195 · Fundraising $0$2,448,573
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $23,146,273 · Management $13,319,339 · Fundraising $456,169$36,921,781
Part X · Balance sheet $94,536,388 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $24,361,569$26,001,911
X-3 Pledges and grants receivableStart of year $530,077$558,595
X-4 Accounts receivableStart of year $207,896$69,145
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $247,249$243,391
X-10c Land, buildings and equipment, netStart of year $55,043,092$52,856,950
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $13,725,993$14,806,396
X-16 Total assetsStart of year $94,115,876$94,536,388
X-17 Accounts payable and accrued expensesStart of year $106,321$471,184
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$36,697
X-20 Tax-exempt bond liabilitiesStart of year $44,159,170$42,448,696
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $20,239,300$10,983,437
X-26 Total liabilitiesStart of year $95,338,841$94,505,564
X-27 Net assets without donor restrictionsStart of year −$1,222,965$30,824
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year −$1,222,965$30,824
X-33 Total liabilities and net assetsStart of year $94,115,876$94,536,388
Part XI · Reconciliation of net assets $30,824 net assets at year end
XI-1 Total revenue$38,175,570
XI-2 Total expenses$36,921,781
XI-3 Revenue less expenses$1,253,789
XI-4 Net assets at start of year−$1,222,965
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$30,824

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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.

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 pay comparisons above.