Noble Learning Academy Np EIN 87-3336607 Form 990 (PDF) Claim this org

Noble Learning Academy Np

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Educates middle schoolers academically, socially, and emotionally in small, engaging classes. For fiscal year 2024 it reported $809K in revenue, $676K in expenses, and $178K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Concord, CA
Website
www.noblelearningacademy.org
Filings
3 on file (2022–2024)
Revenue
$809KFY2024
Expenses
$676K
Net assets
$178K
People
4
Filings
3
Updates
0
More identity details & actions ⌄
EIN  87-3336607 Public charity (501(c)(3)) Concord, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Educates middle schoolers academically, socially, and emotionally in small, engaging classes.
Leadership
Cassondra M Hull · President · $126K
Money in and out
$809K revenue, $676K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$809K
Pt VIII · Ln 12
Total expenses
$676K
Pt IX · Ln 25
Net assets
$178K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $133K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate▼ -50% vs prior filing year
Surplus margin
+16%
revenue over expenses, this year▲ +142% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$809K
FY2024▲ +7%
Expenses
$676K
FY2024▼ -4%
Total assets
$381K
FY2024▲ +20%
Total liabilities
$203K
FY2024▼ -1%
Total revenue
$809K
Pt VIII · Ln 12
Total expenses
$676K
Pt IX · Ln 25
Net assets
$178K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$133K
Total assetsPt X · Ln 16$381K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $676K of program spending, described in the organization's own filed words · FY2024.
01

Provide individualized education to students whose needs are not met in the larger, public middle schools. Through small class sizes, experienced teachers, and flexible scheduling, students are challenged and supported to maximize their learning potential.

$676Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNoble Learning Academy Np
EINHdr · item D87-3336607
Principal addressHdr · item CConcord, CA
WebsiteHdr · item Jwww.noblelearningacademy.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B20)
Ruling yearIRS BMFJun 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$125,824Pt VII · Sec A
Director of Operations
$113,667Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Cassondra M Hull’s $126K as President is at the 92nd 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022
Cassondra M Hull$125,824$120,275$125,000
Mark Hull$113,667$100,990$100,000

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.

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Statement of Revenue

Part VIII
Program service revenue100%$809K
Investment income$37
Total revenueLn 12$809K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$676K
Total functional expensesLn 25$676K

Balance Sheet

Part X · end of year
CashLn 1$8K
Total assetsLn 16$381K
Total liabilitiesLn 26$203K
Total net assetsLn 32$178K
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $8K · Operating expenses/yr $676K
0.1 months
Where the money goes
Program services
Program services $676K · Total expenses $676K
100%
Management & General
Management & general $0 · Total expenses $676K
0%
Fundraising
Fundraising $0 · Total expenses $676K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $367
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $809K
0%
Government reliance
Government grants — · Total revenue $809K
Earned-income share
Program service revenue $809K · Total revenue $809K
100%
Investment reliance
Investment income $37 · Total revenue $809K
<0.01%
Program self-sufficiency
Program service revenue $809K · Total expenses $676K
120%
Growth & trend
Revenue growth (YoY)
This year $809K · Prior year $755K
+7%
Net-asset trend (YoY)
End of year $178K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $809K · Expenses $676K
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $381K
Net-asset ratio
Net assets $178K · Total assets $381K
47%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $381K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Cassondra M Hull · Reported title PRESIDENT · Highest reported compensation $126K · Total expenses $676K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $583K · Total expenses $676K
86%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Revenue growth 7%
Legal fee ratio 0.4%

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 1 funder$8K

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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
FY2024 (Latest)$809K revenue · viewing · ⤓ 990 PDF
FY2023$755K revenue · ⤓ 990 PDF
FY2022$528K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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