Civic Intelligence

Classical Scholars Inc

EIN 92-3431131 • 501(c)3 • Hendersonville, NC

Profile

Classical scholars is dedicated to the pursuit of academic excellence through classical education with the goal of seeing growth in each of our students. Our role is to support homeschooling parents, the primary teacher of their children.

45 Grayling LaneHendersonville, NC 28739

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

58th percentile

5.9%

Higher net margin than 58% of similar nonprofits.

501(c)3 • <$500k 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

88th percentile

54%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$58,470

Up $20,555 (+54%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$58,470

Up $20,555 (+54%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin58th percentile

Revenue

Up

$347,341

Up $57,240 (+20%) from 2023

Expenses

Up

$326,786

Up $30,832 (+10%) from 2023

Net Income

Up

$20,555

Up $26,408 (+451%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth88th percentile

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

$60K$40K$20K$0Assets 2023: $37,915Liabilities 2023: $0Net Assets 2023: $37,9152023Assets 2024: $58,470Liabilities 2024: $0Net Assets 2024: $58,4702024

Highlighted filing

2024

Assets$58,470
Liabilities$0
Net Assets$58,470
Open 2024 Filing

Operations Trend

Revenue Growth72nd percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2023: $290,101Expenses 2023: $295,954Net Income 2023: -$5,8532023Revenue 2024: $347,341Expenses 2024: $326,786Net Income 2024: $20,5552024

Highlighted filing

2024

Revenue$347,341
Expenses$326,786
Net Income$20,555
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$58,470
Liabilities
$0
Net assets
$58,470
Revenue
$347,341
Expenses
$326,786
Net income
$20,555
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$3.47$3.27$0.21
2023Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$2.90$2.96$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 15, 2025
Return Version
2024v5.0
Gross Receipts
$351,667
Mission and Program Overview

Mission

Classical scholars is dedicated to the pursuit of academic excellence through classical education with the goal of seeing growth in each of our students. Our role is to support homeschooling parents, the primary teacher of their children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$37,915$58,470▲ $20,555
Cash and Non-Interest-Bearing Accounts$37,790$53,070▲ $15,280
Land, Buildings, and Equipment, Net$0$2,837▲ $2,837
Other Notes and Loans Receivable, Net$0$2,563▲ $2,563
Receivables From Officers Etc$125$0▼ $125
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$37,915$58,470▲ $20,555
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$37,915$58,470▲ $20,555
Total Liabilities and Net Assets / Fund Balance$37,915$58,470▲ $20,555

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,837$258$3,095
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Eliza HardinExecutive Director, TeacherFT$46,105$46,105
Katie DugdaleDirector of Operations, TeacherPT$32,683$32,683
Ethan BrownDirector, TeacherPT$13,523$13,523

Board Members and Trustees

NameTitle
Marisa RenegarDirector
Robert MaltDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$3,367
Program Service Revenue
$340,578
Investment Income
$0
Other Revenue
$3,396
All Other Contributions
$700
Change in Net Assets
$20,555
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$234,475
Salaries, Compensation, and Employee Benefits$92,311
Total Fundraising Expense$3,660
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$173,779$0$204$173,983
Current Officers, Directors, Trustees, and Key Employees$52,917$37,089$2,305$92,311
Other Expenses$23,300$0$0$23,300
Occupancy$9,011$500$501$10,012
Office Expenses$5,887$2,868$392$9,147
Fees for Services Accounting$0$258$258$516
Insurance$294$0$0$294
Depreciation Depletion$0$258$0$258
Total Functional Expenses$277,479$45,647$3,660$326,786
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,722
Fundraising Direct Expenses$4,326
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 Officers, Directors, Trustees, and Key Employees$125$0▼ $125
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 A, Line 6

“The corporation shall have only one class of members. No member shall hold more than one membership in the corporation. Except as expressly provided in or authorized by the articles of incorporation, the bylaws of this corporation, or provisions of law, all memberships shall have the same rights, privileges, restrictions, and conditions.”

Form 990, Part VI, Section A, Line 7A

“See explanation for line 6”

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

“Form 990 is prepared by an outside accountant based on financial records provided by the organization. The treasurer and Executive Director review the draft for accuracy and present it to the board for review and approval prior to filing.”

Form 990, Part VI, Section B, Line 15

“The board of directors reviews and approves the compensation of the executive director based on comparable data from similar organizations, taking into account responsibilities, experience, and budget size. The decision is documented in the meeting minutes. Compensation for other officers and key employees is reviewed and approved by the board using comparable data with decisions documented in the minutes.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Copies may be obtained by contacting the organization's office.”

Filing and Contact Details

Filer

Filer Name
Classical Scholars Inc
EIN
92-3431131
Phone
8286741359
Address
45 GRAYLING LANE, HENDERSONVILLE, NC 28739

Signing Officer

Name
Eliza Hardin
Title
Executive Director
Phone
8286741359
Signed
2025-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eliza Hardin
Formed
2023
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
40

Preparer

Firm
Carrie Oakes CPA
Address
2898 Savanna Drive, Byhalia, MS 38611
Preparer
Carrie Oakes
Phone
9014122332
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“See explanation provided on Part III, Line 4b”

Form 990, Part IX, Line 11G

“Tutoring services”

Raw XML AppendixShowing 400 of 560 raw XML fields

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

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IRS990/ActivityOrMissionDesc0CLASSICAL SCHOLARS IS DEDICATED TO THE PURSUIT OF ACADEMIC EXCELLENCE THROUGH CLASSICAL EDUCATION WITH THE GOAL OF SEEING GROWTH IN EACH OF OUR STUDENTS. OUR ROLE IS TO SUPPORT HOMESCHOOLING PARENTS, THE PRIMARY TEACHER OF THEIR CHILDREN.
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IRS990/CYGrantsAndSimilarPaidAmt00
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IRS990/CYOtherExpensesAmt0234475
IRS990/CYOtherRevenueAmt03396
IRS990/CYProgramServiceRevenueAmt0340578
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IRS990/Desc0CLASSICAL SCHOLARS CLASSES HAVE PROVIDED QUALITY EDUCATION. SMALLER CLASSES HAVE ALLOWED FOR MORE INTERACTION BETWEEN STUDENTS AND TEACHERS AS WELL AS INDIVIDUALIZED INSTRUCTION. THE PROGRAM INCLUDES CLASSROOM INSTRUCTION, EDUCATIONAL FIELD TRIPS, GRADUATION CEREMONIES RECOGNIZING STUDENT ACHIEVEMENT, AND YEARBOOK PRODUCTION DOCUMENTING THE STUDENT EXPERIENCE.
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IRS990/Form990PartVIISectionAGrp/PersonNm0Eliza Hardin
IRS990/Form990PartVIISectionAGrp/PersonNm1Katie Dugdale
IRS990/Form990PartVIISectionAGrp/PersonNm2Ethan Brown
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director, Teacher
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director of Operations, Teacher
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director, Teacher
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
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IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2ROBOTICS TEAM
IRS990/OtherExpensesGrp/Desc3SCHOOL EVENTS, TRIPS, YEARBOOK
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04674
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt13361
IRS990/OtherExpensesGrp/ProgramServicesAmt28930
IRS990/OtherExpensesGrp/ProgramServicesAmt323300
IRS990/OtherExpensesGrp/TotalAmt04674
IRS990/OtherExpensesGrp/TotalAmt13361
IRS990/OtherExpensesGrp/TotalAmt28930
IRS990/OtherExpensesGrp/TotalAmt323300
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02563
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ELIZA HARDIN
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION, REGISTRATION, AND EDUCATIONAL PROGRAM ACTIVITIES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0340578
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0340578
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01835
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0538
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt046005
IRS990/PYOtherRevenueAmt010303
IRS990/PYProgramServiceRevenueAmt0277963
IRS990/PYRevenuesLessExpensesAmt0-5853
IRS990/PYSalariesCompEmpBnftPaidAmt0249411
IRS990/PYTotalExpensesAmt0295954
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0290101
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0125
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt020555
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0340578
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt037915
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt058470
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt016642
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt016642
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03367
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03367
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0340578
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0340578
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt07722
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt07722
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt00

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