Civic Intelligence

Classical Preparatory Inc

990 • Fiscal year 2017 • EIN 45-2805451

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 03, 2017

Organization Profilewww.classicalprep.org
16500 Lyceum LaneSpring Hill, FL 34610

(813) 803-7903

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.02x

Higher debt load relative to assets than 93% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

2.99x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

14th percentile

-12%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

23rd percentile

$103,275

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

100th percentile

3118%

Faster asset growth than 100% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

63rd percentile

9.9%

Faster revenue growth than 63% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$10,349,524

Up $10,027,944 (+3118%) from 2016

Net Assets

Down

-$214,370

Down $423,146 (-203%) from 2016

Liabilities

Up

$10,563,894

Up $10,451,090 (+9265%) from 2016

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin14th percentile

Revenue

Up

$3,527,778

Up $319,066 (+9.9%) from 2016

Expenses

Up

$3,950,924

Up $844,801 (+27%) from 2016

Net Income

Down

-$423,146

Down $525,735 (-512%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$30M$20M$10M$0-$10MAssets 2015: $214,257Liabilities 2015: $108,070Net Assets 2015: $106,1872015Assets 2016: $321,580Liabilities 2016: $112,804Net Assets 2016: $208,7762016Assets 2017: $10,349,524Liabilities 2017: $10,563,894Net Assets 2017: -$214,3702017Assets 2018: $13,903,332Liabilities 2018: $14,833,046Net Assets 2018: -$929,7142018Assets 2019: $13,929,179Liabilities 2019: $14,719,248Net Assets 2019: -$790,0692019Assets 2020: $18,889,694Liabilities 2020: $19,614,847Net Assets 2020: -$725,1532020Assets 2021: $19,069,249Liabilities 2021: $19,227,052Net Assets 2021: -$157,8032021Assets 2022: $18,926,343Liabilities 2022: $18,804,428Net Assets 2022: $121,9152022Assets 2023: $19,646,957Liabilities 2023: $18,480,358Net Assets 2023: $1,166,5992023Assets 2024: $20,121,057Liabilities 2024: $18,086,107Net Assets 2024: $2,034,9502024Assets 2025: $20,889,423Liabilities 2025: $17,690,696Net Assets 2025: $3,198,7272025

Highlighted filing

2017

Assets$10,349,524
Liabilities$10,563,894
Net Assets-$214,370
Open 2017 Filing

Operations Trend

Revenue Growth63rd percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $2,311,467Expenses 2015: $2,205,280Net Income 2015: $106,1872015Revenue 2016: $3,208,712Expenses 2016: $3,106,123Net Income 2016: $102,5892016Revenue 2017: $3,527,778Expenses 2017: $3,950,924Net Income 2017: -$423,1462017Revenue 2018: $5,048,242Expenses 2018: $5,763,586Net Income 2018: -$715,3442018Revenue 2019: $6,572,674Expenses 2019: $6,433,029Net Income 2019: $139,6452019Revenue 2020: $7,491,090Expenses 2020: $7,426,174Net Income 2020: $64,9162020Revenue 2021: $8,506,904Expenses 2021: $7,939,554Net Income 2021: $567,3502021Revenue 2022: $9,196,232Expenses 2022: $8,916,514Net Income 2022: $279,7182022Revenue 2023: $10,570,881Expenses 2023: $9,526,197Net Income 2023: $1,044,6842023Revenue 2024: $11,569,192Expenses 2024: $10,700,841Net Income 2024: $868,3512024Revenue 2025: $11,387,068Expenses 2025: $10,120,714Net Income 2025: $1,266,3542025

Highlighted filing

2017

Revenue$3,527,778
Expenses$3,950,924
Net Income-$423,146
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 3, 2017
Return Version
2016v3.0
Gross Receipts
$3,527,778
Mission and Program Overview

Mission

To operate a public charter in pasco county, florida.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$197,814$7,333,442▲ $7,135,628
Rtn Earn Endowment Incm Other Fnds$10,962$2,544,403▲ $2,533,441
Savings and Temporary Cash Investments-$2,508,026-
Cash and Non-Interest-Bearing Accounts$98,622$408,609▲ $309,987
Accounts Receivable-$79,178-
Pledges and Grants Receivable$15,144$18,269▲ $3,125
Prepaid Expenses and Deferred Charges$10,000$2,000▼ $8,000
Pd in Cap Srpls Land Bldg Eqp Fund$197,814$-2,758,773▼ $2,956,587
Total Assets$321,580$10,349,524▲ $10,027,944
Liabilities
Mortgage Notes Payable Secured by Investment Property-$10,092,215-
Accounts Payable and Accrued Expenses$112,804$471,679▲ $358,875
Total Liabilities$112,804$10,563,894▲ $10,451,090
Net Assets / Fund Balance
Total Net Assets Fund Balance$208,776$-214,370▼ $423,146
Total Liabilities and Net Assets / Fund Balance$321,580$10,349,524▲ $10,027,944

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,105,668$85,571-
Other Land Buildings$2,689,099--
Land$500,000--
Equipment$38,675$13,627-
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Benjamin DavisHeadmasterFT$103,275$103,275

Board Members and Trustees

NameTitle
Bob WhiteChairman
Chris NoccoVice Chairman
Susan GainerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,288,821
Investment Income
$0
Other Revenue
$238,957
Change in Net Assets
$-423,146
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,950,924
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$1,044,302$259,843$0$1,304,145
Interest$743,607$0$0$743,607
Other Expenses$0$115,262$0$115,262
Depreciation Depletion$74,813$0$0$74,813
Total Functional Expenses$3,575,819$375,105$0$3,950,924
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$52,390$52,390$28,388$24,002
None----
Total Events$52,390$52,390$28,388$24,002
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Classical Preparatory Inc
EIN
45-2805451
Phone
8138037903
Address
16500 LYCEUM LANE, SPRING HILL, FL 34610

Signing Officer

Name
Benjamin Davis
Title
Headmaster
Phone
8138037903
Signed
2017-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin Davis
Formed
2011
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
59
Volunteers
10

Preparer

Firm
Robert Walker CPA PA
Address
2803 W Busch Blvd Ste 106, Tampa, FL 33618
Preparer
Robert Walker CPA
Phone
8136248643
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The 990 is prepared by an independent cpa firm and a draft is provided to the finance committee for review. The final 990 is provided to the board for approval.”

Pt VI, Line 12C

“At each board meeting, the agenda is notated to remind board members to recuse from voting on any item that may be a conflict of interest.”

Pt VI, Line 15B

“The principal is paid in accordance with the school district's pay scale.”

Form 990, Part IX, Line 24E

“School administration 519686. 259843. 259843. 0.”

Form 990, Part IX, Line 24E

“Facilities 259888. 259888. 0. 0.”

Form 990, Part IX, Line 24E

“Fiscal services 98431. 98431. 0. 0.”

Form 990, Part IX, Line 24E

“Food services 10075. 10075. 0. 0.”

Form 990, Part IX, Line 24E

“Student transportation 26078. 26078. 0. 0.”

Form 990, Part IX, Line 24E

“Operation of plant 276517. 276517. 0. 0.”

Form 990, Part IX, Line 24E

“Community services 113470. 113470. 0. 0.”

Raw XML Appendix358 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/AccountsPayableAccrExpnssGrp/BOYAmt0112804
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0471679
IRS990/AccountsReceivableGrp/EOYAmt079178
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO OPERATE A PUBLIC CHARTER IN PASCO COUNTY, FLORIDA.
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0259843
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01044302
IRS990/AllOtherExpensesGrp/TotalAmt01304145
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0KATIE MELTON
IRS990/BooksInCareOfDetail/PhoneNum08138037903
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt016500 LYCEUM WAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPRING HILL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd034610
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt098622
IRS990/CashNonInterestBearingGrp/EOYAmt0408609
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt03950924
IRS990/CYOtherRevenueAmt0238957
IRS990/CYProgramServiceRevenueAmt03288821
IRS990/CYRevenuesLessExpensesAmt0-423146
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt03950924
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03527778
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt074813
IRS990/DepreciationDepletionGrp/TotalAmt074813
IRS990/Desc0THE MISSION OF CLASSICAL PREPARATORY SCHOOL IS TO PURSUE ACADEMIC EXCELLENCE AND CHARACTER ENRICHMENT THROUGH RIGOROUS, CONTENT-RICH CURRICULUM, IMPARTING TO OUR STUDENTS THE ABILITY TO EXCEL AND A DESIRE TO CONTINUOUSLY PURSUE LEARNING THROUGHOUT THEIR LIVES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt059
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03575819
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/PersonNm0BENJAMIN DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm1BOB WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm2CHRIS NOCCO
IRS990/Form990PartVIISectionAGrp/PersonNm3SUSAN GAINER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0103275
IRS990/Form990PartVIISectionAGrp/TitleTxt0HEADMASTER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03527778
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt0743607
IRS990/InterestGrp/TotalAmt0743607
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt099198
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0197814
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07333442
IRS990/LandBldgEquipCostOrOtherBssAmt07432640
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OPERATE A PUBLIC CHARTER
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010092215
IRS990/NetAssetsOrFundBalancesBOYAmt0208776
IRS990/NetAssetsOrFundBalancesEOYAmt0-214370
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0INSTRUCTION
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MEDIA
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL STAFF TRAINING
IRS990/OtherExpensesGrp/Desc3BOARD
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3115262
IRS990/OtherExpensesGrp/ProgramServicesAmt01712082
IRS990/OtherExpensesGrp/ProgramServicesAmt1835
IRS990/OtherExpensesGrp/ProgramServicesAmt2180
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt01712082
IRS990/OtherExpensesGrp/TotalAmt1835
IRS990/OtherExpensesGrp/TotalAmt2180
IRS990/OtherExpensesGrp/TotalAmt3115262
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0238957
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0238957
IRS990/OtherRevenueTotalAmt0238957
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0197814
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-2758773
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt015144
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt018269
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02000
IRS990/PrincipalOfficerNm0BENJAMIN DAVIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0FTE-PER STUDENT FUNDING
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03288821
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0290919
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt03106123
IRS990/PYOtherRevenueAmt0220957
IRS990/PYProgramServiceRevenueAmt02696836
IRS990/PYRevenuesLessExpensesAmt0102589
IRS990/PYTotalExpensesAmt03106123
IRS990/PYTotalRevenueAmt03208712
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-423146
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03527778
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt010962
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02544403
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02508026
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
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
IRS990ScheduleD/BuildingsGrp/BookValueAmt04105668
IRS990ScheduleD/BuildingsGrp/DepreciationAmt085571
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt04191239
IRS990ScheduleD/EquipmentGrp/BookValueAmt038675
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013627
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt052302
IRS990ScheduleD/LandGrp/BookValueAmt0500000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0500000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02689099
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt02689099
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07333442
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0HAS DESCRIBED ITS RACIALLY NONDISCRIMINATORY POLICIES. NA
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1RECEIVES GRANTS THROUGH THE FLORIDA DEPT OF EDUCATION
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt028388
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0NONE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt052390
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt052390
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt052390
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt052390
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt024002
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt028388
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt028388
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND A DRAFT IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW. THE FINAL 990 IS PROVIDED TO THE BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT EACH BOARD MEETING, THE AGENDA IS NOTATED TO REMIND BOARD MEMBERS TO RECUSE FROM VOTING ON ANY ITEM THAT MAY BE A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRINCIPAL IS PAID IN ACCORDANCE WITH THE SCHOOL DISTRICT'S PAY SCALE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SCHOOL ADMINISTRATION 519686. 259843. 259843. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FACILITIES 259888. 259888. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FISCAL SERVICES 98431. 98431. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FOOD SERVICES 10075. 10075. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7STUDENT TRANSPORTATION 26078. 26078. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OPERATION OF PLANT 276517. 276517. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9COMMUNITY SERVICES 113470. 113470. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0321580
IRS990/TotalAssetsEOYAmt010349524
IRS990/TotalAssetsGrp/BOYAmt0321580
IRS990/TotalAssetsGrp/EOYAmt010349524
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt059
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0375105
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03575819
IRS990/TotalFunctionalExpensesGrp/TotalAmt03950924
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0112804
IRS990/TotalLiabilitiesEOYAmt010563894
IRS990/TotalLiabilitiesGrp/BOYAmt0112804
IRS990/TotalLiabilitiesGrp/EOYAmt010563894
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0208776
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-214370
IRS990/TotalProgramServiceExpensesAmt03575819
IRS990/TotalProgramServiceRevenueAmt03288821
IRS990/TotalReportableCompFromOrgAmt0103275
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03527778
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03527778
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0321580
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010349524
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt016500 LYCEUM WAY
IRS990/USAddress/CityNm0SPRING HILL
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034610
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0http://www.classicalprep.org/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BENJAMIN DAVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEADMASTER
ReturnHeader/BusinessOfficerGrp/PhoneNum08138037903
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLASSICAL PREPARATORY INC
ReturnHeader/Filer/BusinessNameControlTxt0CLAS
ReturnHeader/Filer/EIN0452805451
ReturnHeader/Filer/PhoneNum08138037903
ReturnHeader/Filer/USAddress/AddressLine1Txt016500 LYCEUM LANE
ReturnHeader/Filer/USAddress/CityNm0SPRING HILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034610
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0FB376FAB3A7E3C5A6552704C6A17D646AE5621DA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId037D01614BBCBDEC9C1CEABF1223555DD313F2831
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.205.11.235
ReturnHeader/FilingSecurityInformation/IPDt02017-11-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm006:37:55
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Robert Walker CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02803 W Busch Blvd Ste 106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tampa
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033618
ReturnHeader/PreparerPersonGrp/PhoneNum08136248643
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT WALKER CPA
ReturnHeader/ReturnTs02017-11-07T06:38:03-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,349,524
Liabilities
$10,563,894
Net assets
-$214,370
Revenue
$3,527,778
Expenses
$3,950,924
Net income
-$423,146
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$20.9$17.7$3.20$11.4$10.1$1.27
2024Detailed filing. Detailed filing data is available for this year.$20.1$18.1$2.03$11.6$10.7$0.87
2023Detailed filing. Detailed filing data is available for this year.$19.6$18.5$1.17$10.6$9.53$1.04
2022Detailed filing. Detailed filing data is available for this year.$18.9$18.8$0.12$9.20$8.92$0.28
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$19.2$0.16$8.51$7.94$0.57
2020Detailed filing. Detailed filing data is available for this year.$18.9$19.6$0.73$7.49$7.43$0.06
2019Detailed filing. Detailed filing data is available for this year.$13.9$14.7$0.79$6.57$6.43$0.14
2018Detailed filing. Detailed filing data is available for this year.$13.9$14.8$0.93$5.05$5.76$0.72
2017Detailed filing. Detailed filing data is available for this year.$10.3$10.6$0.21$3.53$3.95$0.42
2016Detailed filing. Detailed filing data is available for this year.$0.32$0.11$0.21$3.21$3.11$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.21$0.11$0.11$2.31$2.21$0.11