Civic Intelligence

Tallahassee Classical School Inc.

EIN 82-3285428 • 501(c)3 • Tallahassee, FL

Pub. 78 Eligible990-N Coverage

Profile

To train the minds and improve the hearts of young people through a content-rich classical education in the liberal arts and sciences with instruction in the principles of moral character and civic virtue.

4141 Artemis WayTallahassee, FL 32311

tlhclassical.org

Siviq Scores

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

Liabilities / Assets

96th percentile

1.13x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

3.21x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

27th percentile

-3.2%

Higher net margin than 27% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

23rd percentile

-2.6%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-28%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$13,028,839

Down $346,805 (-2.6%) from 2023

Liabilities

Down

$14,767,710

Down $198,068 (-1.3%) from 2023

Net Assets

Down

-$1,738,871

Down $148,737 (-9.4%) from 2023

Revenue

Down

$4,599,147

Down $1,822,436 (-28%) from 2023

Expenses

Down

$4,747,884

Down $1,518,802 (-24%) from 2023

Net Income

Down

-$148,737

Down $303,634 (-196%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2020: $8,885,769Liabilities 2020: $9,050,887Net Assets 2020: -$165,1182020Assets 2021: $12,977,617Liabilities 2021: $12,746,494Net Assets 2021: $231,1232021Assets 2022: $13,473,669Liabilities 2022: $15,218,700Net Assets 2022: -$1,745,0312022Assets 2023: $13,375,644Liabilities 2023: $14,965,778Net Assets 2023: -$1,590,1342023Assets 2024: $13,028,839Liabilities 2024: $14,767,710Net Assets 2024: -$1,738,8712024

Highlighted filing

2024

Assets$13,028,839
Liabilities$14,767,710
Net Assets-$1,738,871

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2020: $181,034Expenses 2020: $286,583Net Income 2020: -$105,5492020Revenue 2021: $4,666,074Expenses 2021: $4,269,833Net Income 2021: $396,2412021Revenue 2022: $4,398,413Expenses 2022: $6,374,567Net Income 2022: -$1,976,1542022Revenue 2023: $6,421,583Expenses 2023: $6,266,686Net Income 2023: $154,8972023Revenue 2024: $4,599,147Expenses 2024: $4,747,884Net Income 2024: -$148,7372024

Highlighted filing

2024

Revenue$4,599,147
Expenses$4,747,884
Net Income-$148,737

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$4,614,995
Mission and Program Overview

Mission

To train the minds and improve the hearts of young people through a content-rich classical education in the liberal arts and sciences with instruction in the principles of moral character and civic virtue.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,753,523$11,452,274▼ $301,249
Cash and Non-Interest-Bearing Accounts$1,420,053$1,519,558▲ $99,505
Rtn Earn Endowment Incm Other Fnds$1,479,611$1,434,247▼ $45,364
Accounts Receivable$163,572--
Pledges and Grants Receivable-$43,077-
Prepaid Expenses and Deferred Charges$38,496$13,930▼ $24,566
Pd in Cap Srpls Land Bldg Eqp Fund$-3,069,745$-3,173,118▼ $103,373
Total Assets$13,375,644$13,028,839▼ $346,805
Liabilities
Tax Exempt Bond Liabilities$14,771,572$14,575,643▼ $195,929
Accounts Payable and Accrued Expenses$142,510$142,318▼ $192
Unsecured Notes Loans Payable$51,696$49,749▼ $1,947
Total Liabilities$14,965,778$14,767,710▼ $198,068
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,590,134$-1,738,871▼ $148,737
Total Liabilities and Net Assets / Fund Balance$13,375,644$13,028,839▼ $346,805

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,184,185$1,163,908$11,348,093
Land$1,164,930-$1,164,930
Other Land Buildings$95,388$29,271$124,659
Equipment$7,771$22,008$29,779
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cara WynnPrincipal to June 2024FT$73,666$8,403$82,069
Hannah PittsPrincipal From June 2024FT$46,097$10,183$56,280

Board Members and Trustees

NameTitle
Timothy QuallsBoard Chair From Feb 2024
Anita Whitby DavisDirector
Matt MohlerDirector From Nov 2023
Barney BishopDirector Through Feb 2024
Louis Jean-baptisteSecretary
Pamela GriggsTreasurer From Feb 2024
Andrew MartinTreasurer Through Jan 2024
Revenue and Support

Revenue Composition

Contributions and Grants
$4,188,413
Program Service Revenue
$420,782
Investment Income
$0
Other Revenue
$-10,048
All Other Contributions
$22,755
Change in Net Assets
$-148,737

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,599,147
Total Revenue per Audited Statements
$4,599,147
Total Revenue per Form 990
$4,599,147
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,690,978
Other Expenses$2,056,906
Total Fundraising Expense$13,449
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,295,734$0$0$2,295,734
Interest$646,758$0$0$646,758
Occupancy$356,502$0$0$356,502
Depreciation Depletion$305,014$0$0$305,014
Other Employee Benefits$185,898$0$0$185,898
Payroll Taxes$179,269$0$0$179,269
Fees for Services Management$0$94,045$0$94,045
Information Technology$93,103$0$0$93,103
Fees for Services Other$62,132$0$0$62,132
Insurance$62,077$0$0$62,077
Fees for Services Accounting$0$49,353$0$49,353
Fees for Services Legal$0$41,350$0$41,350
Pension Plan Contributions$30,077$0$0$30,077
Other Expenses$16,083$0$13,449$29,532
Office Expenses$21,474$0$0$21,474
Travel$16,504$0$0$16,504
Conferences and Meetings$7,445$0$0$7,445
Advertising$7,096$0$0$7,096
Total Functional Expenses$4,549,687$184,748$13,449$4,747,884

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,747,884
Total Expenses per Audited Statements$4,747,884
Total Expenses per Form 990$4,747,884
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$15,848
Fundraising Gross Income$5,800
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Boosterthon$23,674$0-$0
Gala$33,050$5,800$5,973$-173
Total Events$56,724$5,800$15,848$-10,048
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ATallahasse Classical School Inc2021-12-28$14,740,000Purchase of Educational Facili

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$14,772,501--$609,604

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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
Tallahassee Classical School Inc
EIN
82-3285428
Phone
8502961970
Address
4141 ARTEMIS WAY, TALLAHASSEE, FL 32311

Signing Officer

Name
Pam Griggs
Title
Treasurer
Phone
8502961970
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pam Griggs
Formed
2017
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
102
Volunteers
25

Preparer

Firm
Robert I Walker CPA
Address
2803 W BUSCH BLVD SUITE 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

Board members certify participation in annual training that addresses conflicts of interest and the proper conduct of governance. Trustees adhere to bylaws that require recusal from the discussion and vote of any trustee for which the matter presents a conflict of interest.

Pt VI, Line 15B

Compensation of the Principal is set by the board based upon review of salary for the Principal role among the Leon County school district and for the same position at other classical schools in the state.

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IRS990/OtherExpensesGrp/ProgramServicesAmt117870
IRS990/OtherExpensesGrp/ProgramServicesAmt2166616
IRS990/OtherExpensesGrp/ProgramServicesAmt316083
IRS990/OtherExpensesGrp/TotalAmt080035
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IRS990/OtherExpensesGrp/TotalAmt2166616
IRS990/OtherExpensesGrp/TotalAmt329532
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
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IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt030077
IRS990/PensionPlanContributionsGrp/TotalAmt030077
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt043077
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038496
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013930
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IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0CHILD CARE
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT MEALS
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt158390
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2204240
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt025636
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IRS990/PYOtherExpensesAmt02468530
IRS990/PYOtherRevenueAmt0601933
IRS990/PYProgramServiceRevenueAmt05794014
IRS990/PYRevenuesLessExpensesAmt0154897
IRS990/PYSalariesCompEmpBnftPaidAmt03798156
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IRS990/PYTotalRevenueAmt06421583
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-148737
IRS990/RegularMonitoringEnfrcInd0true
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01434247
IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleA/PublicSupportCY170Pct00
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IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt07771
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022008
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt029779
IRS990ScheduleD/ExpensesSubtotalAmt04747884
IRS990ScheduleD/LandGrp/BookValueAmt01164930
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01164930
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt095388
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt029271
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0124659
IRS990ScheduleD/RevenueSubtotalAmt04599147
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011452274
IRS990ScheduleD/TotalExpensesPerForm990Amt04747884
IRS990ScheduleD/TotalRevenuePerForm990Amt04599147
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IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
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IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
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IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
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IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0RECEIVES GRANTS THROUGH THE FLORIDA DEPT OF EDUCATION
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1HAS DESCRIBED ITS RACIALLY NONDISCRIMINATORY POLICIES. NA
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt050924
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt023674
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IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt08125
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt08125
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023674
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt033050
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt056724
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt00
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt05800
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-10048
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05973
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt05973
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt01750

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