Civic Intelligence

Immaculata Classical Academy Inc.

990 • Fiscal year 2023 • EIN 27-3305618

Jun 01, 2022 to May 31, 2023 • Filed on Mar 15, 2024

Organization Profilewww.immaculataclassicalacademy.com
440 Zorn AveLouisville, KY 40207

(502) 384-4131

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

25th percentile

-8.2%

Higher net margin than 25% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

59th percentile

$80,513

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

24th percentile

-3.7%

Faster asset growth than 24% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

3rd percentile

-68%

Faster revenue growth than 3% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$2,436,525

Down $93,370 (-3.7%) from 2022

Net Assets

Down

$2,436,525

Down $93,370 (-3.7%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin25th percentile

Revenue

Down

$1,139,657

Down $2,468,068 (-68%) from 2022

Expenses

Up

$1,233,027

Up $67,347 (+5.8%) from 2022

Net Income

Down

-$93,370

Down $2,535,415 (-104%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2013: $18,783Liabilities 2013: $5,411Net Assets 2013: $13,3722013Assets 2014: $47,580Liabilities 2014: $11,025Net Assets 2014: $36,5552014Assets 2015: $26,343Liabilities 2015: $12,587Net Assets 2015: $13,7562015Assets 2016: $16,472Liabilities 2016: $6,067Net Assets 2016: $10,4052016Assets 2019: $35,812Liabilities 2019: $3,416Net Assets 2019: $32,3962019Assets 2020: $140,695Liabilities 2020: $0Net Assets 2020: $140,6952020Assets 2021: $251,508Liabilities 2021: $163,658Net Assets 2021: $87,8502021Assets 2022: $2,529,895Liabilities 2022: $0Net Assets 2022: $2,529,8952022Assets 2023: $2,436,525Liabilities 2023: $0Net Assets 2023: $2,436,5252023Assets 2025: $440,061Liabilities 2025: $0Net Assets 2025: $440,0612025

Highlighted filing

2023

Assets$2,436,525
Liabilities$0
Net Assets$2,436,525
Open 2023 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2013: $254,1332013Revenue 2014: $483,655Expenses 2014: $460,472Net Income 2014: $23,1832014Revenue 2015: $552,897Expenses 2015: $575,696Net Income 2015: -$22,7992015Revenue 2016: $739,966Expenses 2016: $743,317Net Income 2016: -$3,3512016Revenue 2019: $949,484Expenses 2019: $917,832Net Income 2019: $31,6522019Revenue 2020: $868,013Expenses 2020: $759,714Net Income 2020: $108,2992020Revenue 2021: $1,039,312Expenses 2021: $955,448Net Income 2021: $83,8642021Revenue 2022: $3,607,725Expenses 2022: $1,165,680Net Income 2022: $2,442,0452022Revenue 2023: $1,139,657Expenses 2023: $1,233,027Net Income 2023: -$93,3702023Revenue 2025: $2,055,586Expenses 2025: $3,736,759Net Income 2025: -$1,681,1732025

Highlighted filing

2023

Revenue$1,139,657
Expenses$1,233,027
Net Income-$93,370
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Mar 15, 2024
Return Version
2022v5.0
Gross Receipts
$1,139,657
Mission and Program Overview

Mission

To operate a school using a catholic classical liberal arts approach to education and to operate the school in a manner to accomodate children with downs syndrome or other special needs without compromising the academic mission of the academy so that these children may enrich those who work with them as well as their peers.

To provide education to all children focusing on children with Downs Syndrome

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,529,895$2,436,525▼ $93,370
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,529,895$2,436,525▼ $93,370
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,529,895$2,436,525▼ $93,370
Total Net Assets Fund Balance$2,529,895$2,436,525▼ $93,370
Total Liabilities and Net Assets / Fund Balance$2,529,895$2,436,525▼ $93,370
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Justin FoutDirectorFT$80,513$80,513

Board Members and Trustees

NameTitle
Dr Nicholas KenneyPresident
Brian MossDirector
Fr Matthew HardestyDirector
Gregory BuccolaDirector
Penny MichalakDirector
James AlbrechtSecretary
Michael MichalakTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$269,666
Program Service Revenue
$869,991
Investment Income
$0
Other Revenue
$0
All Other Contributions
$269,666
Change in Net Assets
$-93,370
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$952,575
Other Expenses$280,452
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$802,030--$802,030
Current Officers, Directors, Trustees, and Key Employees$80,513--$80,513
Payroll Taxes$70,032--$70,032
Occupancy$66,005--$66,005
Fees for Services Other$29,245--$29,245
Advertising$28,138--$28,138
Office Expenses$23,517--$23,517
Conferences and Meetings$19,812--$19,812
All Other Expenses$5,637--$5,637
Other Expenses$2,700--$2,700
Interest$1,318--$1,318
Total Functional Expenses$1,233,027$0$0$1,233,027
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Penny Michalak (President) and Michael Michalak (VP/Treasurer) are married.”

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

“The Form 990 is reviewed and signed by the President and reviewed by the Vice President/Treasurer.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Immaculata Classical Academy Inc
EIN
27-3305618
Phone
5023844131
Address
440 Zorn Ave, Louisville, KY 40207

Signing Officer

Name
Nicholas Kenney
Title
Director
Signed
2024-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicholas Kenney
Formed
2010
Legal Domicile
Ky
Voting Board Members
9
Independent Board Members
8
Employees
35

Preparer

Firm
Schachtner CPA LLC
Address
6844 Bardstown Rd 123, Louisville, KY 40219
Preparer
Andrew Schachtner
Phone
5024430550
Raw XML Appendix400 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide education to all children focusing on children with Downs Syndrome
IRS990/AdvertisingGrp/ProgramServicesAmt028138
IRS990/AdvertisingGrp/TotalAmt028138
IRS990/AllOtherContributionsAmt0269666
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05637
IRS990/AllOtherExpensesGrp/TotalAmt05637
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Bonaventure Bookkeeping
IRS990/BooksInCareOfDetail/PhoneNum05024131958
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 1024
IRS990/BooksInCareOfDetail/USAddress/CityNm0New Albany
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd047151
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02529895
IRS990/CashNonInterestBearingGrp/EOYAmt02436525
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt080513
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt080513
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt019812
IRS990/ConferencesMeetingsGrp/TotalAmt019812
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0269666
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0280452
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0869991
IRS990/CYRevenuesLessExpensesAmt0-93370
IRS990/CYSalariesCompEmpBnftPaidAmt0952575
IRS990/CYTotalExpensesAmt01233027
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01139657
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Provision of education to 232 students for the year, several of whom are with special needs
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt035
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01233027
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt029245
IRS990/FeesForServicesOtherGrp/TotalAmt029245
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt065.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt27.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt37.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt47.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt57.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt630.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt77.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt87.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0Justin Fout
IRS990/Form990PartVIISectionAGrp/PersonNm1Fr Matthew Hardesty
IRS990/Form990PartVIISectionAGrp/PersonNm2Brian Moss
IRS990/Form990PartVIISectionAGrp/PersonNm3Michael Michalak
IRS990/Form990PartVIISectionAGrp/PersonNm4James Albrecht
IRS990/Form990PartVIISectionAGrp/PersonNm5Gregory Buccola
IRS990/Form990PartVIISectionAGrp/PersonNm6Dr Nicholas Kenney
IRS990/Form990PartVIISectionAGrp/PersonNm7Brian Moss
IRS990/Form990PartVIISectionAGrp/PersonNm8Penny Michalak
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt080513
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01139657
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt01318
IRS990/InterestGrp/TotalAmt01318
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To operate a school using a Catholic classical liberal arts approach to education and to operate the school in a manner to accomodate children with Downs Syndrome or other special needs without compromising the academic mission of the academy so that these children may enrich those who work with them as well as their peers.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02529895
IRS990/NetAssetsOrFundBalancesEOYAmt02436525
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02529895
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02436525
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt066005
IRS990/OccupancyGrp/TotalAmt066005
IRS990/OfficeExpensesGrp/ProgramServicesAmt023517
IRS990/OfficeExpensesGrp/TotalAmt023517
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Textbooks
IRS990/OtherExpensesGrp/Desc1Liability Insurance
IRS990/OtherExpensesGrp/Desc2Athletics
IRS990/OtherExpensesGrp/Desc3Training
IRS990/OtherExpensesGrp/ProgramServicesAmt058174
IRS990/OtherExpensesGrp/ProgramServicesAmt123587
IRS990/OtherExpensesGrp/ProgramServicesAmt222319
IRS990/OtherExpensesGrp/ProgramServicesAmt32700
IRS990/OtherExpensesGrp/TotalAmt058174
IRS990/OtherExpensesGrp/TotalAmt123587
IRS990/OtherExpensesGrp/TotalAmt222319
IRS990/OtherExpensesGrp/TotalAmt32700
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0802030
IRS990/OtherSalariesAndWagesGrp/TotalAmt0802030
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt070032
IRS990/PayrollTaxesGrp/TotalAmt070032
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Nicholas Kenney
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Tuition and Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0869991
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0869991
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02574334
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0225328
IRS990/PYOtherRevenueAmt0154954
IRS990/PYProgramServiceRevenueAmt0878437
IRS990/PYRevenuesLessExpensesAmt02442045
IRS990/PYSalariesCompEmpBnftPaidAmt0940352
IRS990/PYTotalExpensesAmt01165680
IRS990/PYTotalRevenueAmt03607725
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-93370
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Penny Michalak (President) and Michael Michalak (VP/Treasurer) are married.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is reviewed and signed by the President and reviewed by the Vice President/Treasurer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02529895
IRS990/TotalAssetsEOYAmt02436525
IRS990/TotalAssetsGrp/BOYAmt02529895
IRS990/TotalAssetsGrp/EOYAmt02436525
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0269666
IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01233027
IRS990/TotalFunctionalExpensesGrp/TotalAmt01233027
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02529895
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02436525
IRS990/TotalProgramServiceExpensesAmt01233027
IRS990/TotalProgramServiceRevenueAmt0869991
IRS990/TotalReportableCompFromOrgAmt080513
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0869991
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01139657
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02529895
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02436525
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.immaculataclassicalacademy.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Nicholas Kenney
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Immaculata Classical Academy Inc
ReturnHeader/Filer/BusinessNameControlTxt0IMMA
ReturnHeader/Filer/EIN0273305618
ReturnHeader/Filer/PhoneNum05023844131
ReturnHeader/Filer/USAddress/AddressLine1Txt0440 Zorn Ave
ReturnHeader/Filer/USAddress/CityNm0Louisville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040207
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0850841177
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Schachtner CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06844 Bardstown Rd 123
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Louisville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040219
ReturnHeader/PreparerPersonGrp/PhoneNum05024430550
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Andrew Schachtner
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-03-15T08:47:48-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Nicholas
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Kenney
ReturnHeader/TaxPeriodBeginDt02022-06-01
ReturnHeader/TaxPeriodEndDt02023-05-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,436,525
Liabilities
$0
Net assets
$2,436,525
Revenue
$1,139,657
Expenses
$1,233,027
Net income
-$93,370
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.00$0.44$2.06$3.74$1.68
2023Detailed filing. Detailed filing data is available for this year.$2.44$0.00$2.44$1.14$1.23$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$3.61$1.17$2.44
2021Detailed filing. Detailed filing data is available for this year.$0.25$0.16$0.09$1.04$0.96$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.87$0.76$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.03$0.95$0.92$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.01$0.74$0.74$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.01$0.55$0.58$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.01$0.04$0.48$0.46$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.01$0.01$0.25