Civic Intelligence

Phoenix Education Network Inc.

990 • Fiscal year 2023 • EIN 84-2776904

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

Organization ProfileWWW.NAPLESCLASSICAL.ORG

View Organization Page

10270 Immokalee RdNaples, FL 34120

(239) 449-8773

Siviq Scores

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

Liabilities / Assets

96th percentile

1.10x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

2.20x

Higher debt load relative to revenue than 89% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

35th percentile

-0.7%

Higher net margin than 35% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

26th percentile

-0.9%

Faster asset growth than 26% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

67th percentile

15%

Faster revenue growth than 67% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets96th percentile

Assets

Flat

$23,992,768

Flat from 2023

Net Assets

Flat

-$2,515,302

Flat from 2023

Liabilities

Flat

$26,508,070

Flat from 2023

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin35th percentile

Revenue

Flat

$12,040,262

Flat from 2023

Expenses

Flat

$12,122,811

Flat from 2023

Net Income

Flat

-$82,549

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$30M$20M$10M$0-$10MAssets 2021: $24,751,183Liabilities 2021: $25,472,557Net Assets 2021: -$721,3742021Assets 2022: $24,220,134Liabilities 2022: $26,694,477Net Assets 2022: -$2,474,3432022Assets 2023: $23,992,768Liabilities 2023: $26,508,070Net Assets 2023: -$2,515,3022023Assets 2023: $23,992,768Liabilities 2023: $26,508,070Net Assets 2023: -$2,515,3022023Assets 2025: $27,670,954Liabilities 2025: $28,263,565Net Assets 2025: -$592,6112025

Highlighted filing

2023

Assets$23,992,768
Liabilities$26,508,070
Net Assets-$2,515,302
Open 2023 Filing

Operations Trend

Revenue Growth67th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2021: $82,961Expenses 2021: $765,401Net Income 2021: -$682,4402021Revenue 2022: $10,447,056Expenses 2022: $11,571,902Net Income 2022: -$1,124,8462022Revenue 2023: $12,040,262Expenses 2023: $12,122,811Net Income 2023: -$82,5492023Revenue 2023: $12,040,262Expenses 2023: $12,122,811Net Income 2023: -$82,5492023Revenue 2025: $12,475,423Expenses 2025: $11,442,739Net Income 2025: $1,032,6842025

Highlighted filing

2023

Revenue$12,040,262
Expenses$12,122,811
Net Income-$82,549
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$12,059,253
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$19,874,176$19,386,327▼ $487,849
Cash and Non-Interest-Bearing Accounts$1,455,738$1,991,901▲ $536,163
Savings and Temporary Cash Investments$837,412$589,244▼ $248,168
Accounts Receivable$396,417$262,528▼ $133,889
Investments Other Securities-$88,450-
Prepaid Expenses and Deferred Charges-$68,002-
Total Assets$24,220,134$23,992,768▼ $227,366
Other Assets Total$1,656,391$1,606,316▼ $50,075
Liabilities
Tax Exempt Bond Liabilities$23,150,000$23,150,000→ $0
Other Liabilities$1,530,000$1,530,000→ $0
Accounts Payable and Accrued Expenses$1,414,477$1,228,070▼ $186,407
Unsecured Notes Loans Payable$600,000$600,000→ $0
Total Liabilities$26,694,477$26,508,070▼ $186,407
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,474,343$-2,515,302▼ $40,959
Total Net Assets Fund Balance$-2,474,343$-2,515,302▼ $40,959
Total Liabilities and Net Assets / Fund Balance$24,220,134$23,992,768▼ $227,366

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,777,845$740,316$14,518,161
Land$5,012,000-$5,012,000
Equipment$593,732$304,175$897,907
Other Land Buildings$2,750-$2,750
Other Assets Org$1,606,316--
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Matthew MathiasChairman
Derrick AyersVice-chairman
Mark RussoDirector
William TruogDirector
Holly Raass MillerSecretary
Timothy HallTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Optima Management Services LLCPayroll Services3369 PINE RIDGE ROAD UNIT 204, Naples, FL 34109$2,857,910
Educators Solutions INCPayroll Services4239 SW HIGH MEADOWS AVE, Palm City, FL 34990$2,611,637
Optimaed LLCManagement Services3369 PINE RIDGE ROAD UNIT 204, Naples, FL 34109$810,601
The Optima Foundation INCManagement Services3369 PINE RIDGE ROAD UNIT 204, Naples, FL 34109$614,937
Lintons Food Service ManagmentFood Services10 SENTRY PARKWAY SUITE 110, Blue Bell, PA 19422$234,386
Revenue and Support

Revenue Composition

Contributions and Grants
$11,652,204
Program Service Revenue
$388,813
Investment Income
$18,236
Other Revenue
$-18,991
All Other Contributions
$648,575
Change in Net Assets
$-82,549

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,040,262
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$60,584
Total Revenue per Audited Statements
$12,100,846
Total Revenue per Form 990
$12,040,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,557,751
Salaries, Compensation, and Employee Benefits$5,565,060
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,860,911--$4,860,911
Interest$1,778,363--$1,778,363
Fees for Services Management-$1,384,832-$1,384,832
Fees for Services Other$1,344,165--$1,344,165
Depreciation Depletion$532,590--$532,590
Office Expenses$436,413--$436,413
Other Employee Benefits$415,036--$415,036
Occupancy$356,046--$356,046
Payroll Taxes$216,089--$216,089
Insurance$130,023--$130,023
Information Technology$127,439--$127,439
Pension Plan Contributions$73,024--$73,024
Travel$42,765--$42,765
Fees for Services Accounting$28,463--$28,463
Other Expenses$25,180--$25,180
Advertising$1,235--$1,235
Total Functional Expenses$10,737,979$1,384,832$0$12,122,811

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,141,805
Expenses per Audited Statements$12,122,811
Total Expenses per Form 990$12,122,811
Expenses Not Reported on Form 990$18,994
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$18,991
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Raise Craze$39,495-$2,184-
Renaissance Festival$15,225-$2,483-
Total Events$75,015-$18,990$-18,990
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Series 2021c Taxable Educational Facilities Revenue Bonds$1,530,000

Bond Issues

BondIssuerIssuedIssue PricePurpose
AFl Dev Fin Corp-a2021-01-01$17,550,000SEE PART VI
BFl Dev Fin Corp-b2021-01-01$5,600,000SEE PART VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$17,550,000--$463,096
B$5,600,000--$147,768

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
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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

“A copy of the draft form 990 is provided to management and the board of directors. Comments and/or questions are encouraged and resolved before final approval.”

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

“The organization confirms the enforcement of conflicts of interest through a written annual certification from each board member.”

Form 990, Part VI, Section B, Line 15A

“Compensation process for top official approved by board of directors.”

Form 990, Part VI, Section C, Line 19

“All governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Phoenix Education Network Inc
EIN
84-2776904
Phone
2394498773
Address
10270 IMMOKALEE RD, NAPLES, FL 34120
Doing Business As
Naples Classical Academy

Signing Officer

Name
Matthew Mathias
Title
Chairman
Phone
2394498773
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Mathias
Formed
2019
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
160
Volunteers
313

Preparer

Firm
Mike Hess CPA Pa
Address
1800 W HIBISCUS BLVD STE 133, MELBOURNE, FL 32901
Preparer
Mike Hess CPA
Phone
3217256151
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Administration services: program service expenses 768,595. Management and general expenses 0. Fundraising expenses 0. Total expenses 768,595. Food services: program service expenses 234,829. Management and general expenses 0. Fundraising expenses 0. Total expenses 234,829. Transportation services: program service expenses 58,502. Management and general expenses 0. Fundraising expenses 0. Total expenses 58,502. Community and other services: program service expenses 282,239. Management and general expenses 0. Fundraising expenses 0. Total expenses 282,239.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising events expenses 18,991. Net increase (decrease) in the fv of investments 41,593.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising events expenses 18,991. Rounding adjustment 3.”

Raw XML AppendixShowing 400 of 583 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01414477
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01228070
IRS990/AccountsReceivableGrp/BOYAmt0396417
IRS990/AccountsReceivableGrp/EOYAmt0262528
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO 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.
IRS990/AdvertisingGrp/ProgramServicesAmt01235
IRS990/AdvertisingGrp/TotalAmt01235
IRS990/AllOtherContributionsAmt0648575
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NAPLES CLASSICAL ACADEMY
IRS990/BooksInCareOfDetail/PhoneNum02394498773
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010270 IMMOKALEE ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0NAPLES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd034120
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01455738
IRS990/CashNonInterestBearingGrp/EOYAmt01991901
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt07
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt02857910
IRS990/ContractorCompensationGrp/CompensationAmt12611637
IRS990/ContractorCompensationGrp/CompensationAmt2810601
IRS990/ContractorCompensationGrp/CompensationAmt3614937
IRS990/ContractorCompensationGrp/CompensationAmt4234386
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt03369 PINE RIDGE ROAD UNIT 204
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt14239 SW HIGH MEADOWS AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt23369 PINE RIDGE ROAD UNIT 204
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt33369 PINE RIDGE ROAD UNIT 204
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt410 SENTRY PARKWAY SUITE 110
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0NAPLES
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1PALM CITY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2NAPLES
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3NAPLES
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4BLUE BELL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd034109
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd134990
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd234109
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd334109
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd419422
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0OPTIMA MANAGEMENT SERVICES LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1EDUCATORS SOLUTIONS INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2OPTIMAED LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3THE OPTIMA FOUNDATION INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4LINTONS FOOD SERVICE MANAGMENT
IRS990/ContractorCompensationGrp/ServicesDesc0PAYROLL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1PAYROLL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc2MANAGEMENT SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc3MANAGEMENT SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc4FOOD SERVICES
IRS990/ContriRptFundraisingEventAmt075015
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt011652204
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt018236
IRS990/CYOtherExpensesAmt06557751
IRS990/CYOtherRevenueAmt0-18991
IRS990/CYProgramServiceRevenueAmt0388813
IRS990/CYRevenuesLessExpensesAmt0-82549
IRS990/CYSalariesCompEmpBnftPaidAmt05565060
IRS990/CYTotalExpensesAmt012122811
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012040262
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0532590
IRS990/DepreciationDepletionGrp/TotalAmt0532590
IRS990/Desc0TO 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.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0NAPLES CLASSICAL ACADEMY
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0160
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt010737979
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt028463
IRS990/FeesForServicesAccountingGrp/TotalAmt028463
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt01384832
IRS990/FeesForServicesManagementGrp/TotalAmt01384832
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01344165
IRS990/FeesForServicesOtherGrp/TotalAmt01344165
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0MATTHEW MATHIAS
IRS990/Form990PartVIISectionAGrp/PersonNm1DERRICK AYERS
IRS990/Form990PartVIISectionAGrp/PersonNm2TIMOTHY HALL
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM TRUOG
IRS990/Form990PartVIISectionAGrp/PersonNm4MARK RUSSO
IRS990/Form990PartVIISectionAGrp/PersonNm5HOLLY RAASS MILLER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt075015
IRS990/FundraisingDirectExpensesAmt018991
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt0906
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt010928614
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0906
IRS990/GrossReceiptsAmt012059253
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0127439
IRS990/InformationTechnologyGrp/TotalAmt0127439
IRS990/InsuranceGrp/ProgramServicesAmt0130023
IRS990/InsuranceGrp/TotalAmt0130023
IRS990/InterestGrp/ProgramServicesAmt01778363
IRS990/InterestGrp/TotalAmt01778363
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt017330
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt017330
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt088450
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01044491
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019874176
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019386327
IRS990/LandBldgEquipCostOrOtherBssAmt020430818
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-2474343
IRS990/NetAssetsOrFundBalancesEOYAmt0-2515302
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0906
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0906
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-18991
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-18991
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt041590
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-2474343
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-2515302
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0356046
IRS990/OccupancyGrp/TotalAmt0356046
IRS990/OfficeExpensesGrp/ProgramServicesAmt0436413
IRS990/OfficeExpensesGrp/TotalAmt0436413
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01656391
IRS990/OtherAssetsTotalGrp/EOYAmt01606316
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0415036
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0415036
IRS990/OtherExpensesGrp/Desc0DUES AND FEES
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAX
IRS990/OtherExpensesGrp/Desc2BASIC SUMMER SCHOOL
IRS990/OtherExpensesGrp/Desc3COPIER LEASE
IRS990/OtherExpensesGrp/ProgramServicesAmt0280304
IRS990/OtherExpensesGrp/ProgramServicesAmt153515
IRS990/OtherExpensesGrp/ProgramServicesAmt236418
IRS990/OtherExpensesGrp/ProgramServicesAmt325180
IRS990/OtherExpensesGrp/TotalAmt0280304
IRS990/OtherExpensesGrp/TotalAmt153515
IRS990/OtherExpensesGrp/TotalAmt236418
IRS990/OtherExpensesGrp/TotalAmt325180
IRS990/OtherLiabilitiesGrp/BOYAmt01530000
IRS990/OtherLiabilitiesGrp/EOYAmt01530000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04860911
IRS990/OtherSalariesAndWagesGrp/TotalAmt04860911
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0216089
IRS990/PayrollTaxesGrp/TotalAmt0216089
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt073024
IRS990/PensionPlanContributionsGrp/TotalAmt073024
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt068002
IRS990/PrincipalOfficerNm0MATTHEW MATHIAS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0388813
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0388813
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010377951
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01039
IRS990/PYOtherExpensesAmt06517274
IRS990/PYOtherRevenueAmt0-49753
IRS990/PYProgramServiceRevenueAmt0117819
IRS990/PYRevenuesLessExpensesAmt0-1124846
IRS990/PYSalariesCompEmpBnftPaidAmt05054628
IRS990/PYTotalExpensesAmt011571902
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010447056
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-82549
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0407049
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0837412
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0589244
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt013777845
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0740316
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014518161
IRS990ScheduleD/EquipmentGrp/BookValueAmt0593732
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0304175
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0897907
IRS990ScheduleD/ExpensesNotReportedAmt018994
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt012122811
IRS990ScheduleD/LandGrp/BookValueAmt05012000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05012000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01606316
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DISCOUNT ON BONDS PAYABLE
IRS990ScheduleD/OtherExpensesIncludedAmt018994
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02750
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01530000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SERIES 2021C TAXABLE EDUCATIONAL FACILITIES REVENUE BONDS
IRS990ScheduleD/OtherRevenueAmt060584
IRS990ScheduleD/RevenueNotReportedAmt060584
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt012040262
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EVENTS EXPENSES 18,991. NET INCREASE (DECREASE) IN THE FV OF INVESTMENTS 41,593.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EVENTS EXPENSES 18,991. ROUNDING ADJUSTMENT 3.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019386327
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01606316
IRS990ScheduleD/TotalExpensesPerForm990Amt012122811
IRS990ScheduleD/TotalLiabilityAmt01530000
IRS990ScheduleD/TotalRevenuePerForm990Amt012040262
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012100846
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012141805
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLISHED ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt075015
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt039495
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt015225
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt020295
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt018990
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RAISE CRAZE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0RENAISSANCE FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt039495
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt015225
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt020295
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt075015
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-18990
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt014323
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt018990
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02184
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02483
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt07
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0HOLLY RAASS MILLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY
IRS990ScheduleJ/SeverancePaymentInd00

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
$23,992,768
Liabilities
$26,508,070
Net assets
-$2,515,302
Revenue
$12,040,262
Expenses
$12,122,811
Net income
-$82,549
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.7$28.3$0.59$12.5$11.4$1.03
2023Detailed filing. Detailed filing data is available for this year.$24.0$26.5$2.52$12.0$12.1$0.08
2023Summary only. Only limited summary data is available for this year.$24.0$26.5$2.52$12.0$12.1$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.2$26.7$2.47$10.4$11.6$1.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.8$25.5$0.72$0.08$0.77$0.68