Civic Intelligence

Greyfriars Classical Academy

EIN 26-3541575 • 501(c)3 • Matthews, NC

Profile

Providing students with classical education emphasizing grammar, logic, and rhetoric in each subject from a biblical worldview

2701 Rice RoadMatthews, NC 28105

greyfriarsclassical.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.08x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

51st percentile

0.08x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

73rd percentile

20%

Higher net margin than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

75th percentile

17%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2025

Revenue Growth

55th percentile

10.0%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2025

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$1,013,394

Up $188,700 (+23%) from 2024

Liabilities

Down

$79,945

Down $3,923 (-4.7%) from 2024

Net Assets

Up

$933,449

Up $192,623 (+26%) from 2024

Operations
Liabilities / Revenue51st percentileNet Margin73rd percentile

Revenue

Up

$961,314

Up $133,774 (+16%) from 2024

Expenses

Up

$768,691

Up $4,145 (+0.5%) from 2024

Net Income

Up

$192,623

Up $129,629 (+206%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth75th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2020: $306,638Liabilities 2020: $56,288Net Assets 2020: $250,3502020Assets 2021: $454,203Liabilities 2021: $67,628Net Assets 2021: $386,5752021Assets 2022: $632,580Liabilities 2022: $72,926Net Assets 2022: $559,6542022Assets 2023: $757,204Liabilities 2023: $79,372Net Assets 2023: $677,8322023Assets 2024: $824,694Liabilities 2024: $83,868Net Assets 2024: $740,8262024Assets 2025: $1,013,394Liabilities 2025: $79,945Net Assets 2025: $933,4492025

Highlighted filing

2025

Assets$1,013,394
Liabilities$79,945
Net Assets$933,449
Open 2025 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2020: $446,461Expenses 2020: $468,735Net Income 2020: -$22,2742020Revenue 2021: $625,812Expenses 2021: $479,237Net Income 2021: $146,5752021Revenue 2022: $723,145Expenses 2022: $541,815Net Income 2022: $181,3302022Revenue 2023: $757,822Expenses 2023: $630,250Net Income 2023: $127,5722023Revenue 2024: $827,540Expenses 2024: $764,546Net Income 2024: $62,9942024Revenue 2025: $961,314Expenses 2025: $768,691Net Income 2025: $192,6232025

Highlighted filing

2025

Revenue$961,314
Expenses$768,691
Net Income$192,623
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,013,394
Liabilities
$79,945
Net assets
$933,449
Revenue
$961,314
Expenses
$768,691
Net income
$192,623
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.01$0.08$0.93$0.96$0.77$0.19
2024Detailed filing. Detailed filing data is available for this year.$0.82$0.08$0.74$0.83$0.76$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.76$0.08$0.68$0.76$0.63$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.63$0.07$0.56$0.72$0.54$0.18
2021Detailed filing. Detailed filing data is available for this year.$0.45$0.07$0.39$0.63$0.48$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.06$0.25$0.45$0.47$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 4, 2025
Return Version
2024v5.0
Gross Receipts
$961,314
Mission and Program Overview

Mission

Providing students with classical education emphasizing grammar, logic, and rhetoric in each subject from a biblical worldview

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$678,493$878,878▲ $200,385
Cash and Non-Interest-Bearing Accounts$146,201$134,516▼ $11,685
Total Assets$824,694$1,013,394▲ $188,700
Liabilities
Accounts Payable and Accrued Expenses$83,868$79,945▼ $3,923
Total Liabilities$83,868$79,945▼ $3,923
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$740,826$933,449▲ $192,623
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$740,826$933,449▲ $192,623
Total Liabilities and Net Assets / Fund Balance$824,694$1,013,394▲ $188,700

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$878,878--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Nathan BrinkerhoffPresident/ Director
Jeffrey RoachDirector
Nathan TriceDirector
Bronwyn LundSecretary/treasurer/ Director
Revenue and Support

Revenue Composition

Contributions and Grants
$67,053
Program Service Revenue
$855,138
Investment Income
$39,123
Other Revenue
$0
All Other Contributions
$67,053
Change in Net Assets
$192,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$645,080
Other Expenses$123,611
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$632,927--$632,927
Fees for Services Other$12,309--$12,309
Pension Plan Contributions$12,153--$12,153
Fees for Services Accounting$6,656--$6,656
Insurance$4,858--$4,858
Other Expenses$675$0$0$675
Total Functional Expenses$768,691$0$0$768,691
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ashley TriceSpouse of DirectorEmployment CompensationNo$26,550
Allie TriceChild of DirectorEmployment CompensationNo$14,470
Julia BrinkerhoffSpouse of DirectorEmployment CompensationNo$3,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The treasurer gives copies to the board members to review”

Form 990, Part VI, Section B, Line 12C

“The board of directors reads and affirms the organization's procewss of compliance”

Form 990, Part VI, Section C, Line 19

“Documents are made available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Greyfriars Classical Academy
EIN
26-3541575
Phone
7043155774
Address
2701 RICE ROAD, MATTHEWS, NC 28105

Signing Officer

Name
Bronwyn Lund
Title
Treasurer/director
Phone
7146576402
Signed
2025-11-04

Organization Details

Principal Officer
Nathan Brinkerhoff
Formed
2008
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
60
Volunteers
6
Raw XML Appendix369 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0824694
IRS990/TotalAssetsEOYAmt01013394
IRS990/TotalAssetsGrp/BOYAmt0824694
IRS990/TotalAssetsGrp/EOYAmt01013394
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt067053
IRS990/TotalEmployeeCnt060
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0768691
IRS990/TotalFunctionalExpensesGrp/TotalAmt0768691
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt083868
IRS990/TotalLiabilitiesEOYAmt079945
IRS990/TotalLiabilitiesGrp/BOYAmt083868
IRS990/TotalLiabilitiesGrp/EOYAmt079945
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0740826
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0933449
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0187893
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt0106176
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0768691
IRS990/TotalProgramServiceRevenueAmt0855138
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0894261
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0961314
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0824694
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01013394
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02701 RICE RD
IRS990/USAddress/CityNm0MATTHEWS
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028105
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0GREYFRIARSCLASSICAL.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BRONWYN LUND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07146576402
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREYFRIARS CLASSICAL ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0GREY
ReturnHeader/Filer/EIN0263541575
ReturnHeader/Filer/PhoneNum07043155774
ReturnHeader/Filer/USAddress/AddressLine1Txt02701 RICE ROAD
ReturnHeader/Filer/USAddress/CityNm0MATTHEWS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028105
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-11-13T13:23:26-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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