Classical Academy High School Inc
Classical Academy High School Inc. shows consistent revenue growth and positive net assets with no reported officer compensation.
EIN: 203126304 · Escondido, CA · Updated: 2026-03-28
About Classical Academy High School Inc
Classical Academy High School Inc (EIN: 203126304) is a nonprofit organization based in Escondido, CA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Classical Academy High School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Classical Academy High School Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Classical Academy High School Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No officer compensation was reported across all six available IRS 990 filings (2011-2016), indicating that executive leadership is either unpaid or compensated through other means not disclosed as officer compensation, which is highly unusual for an organization of its size with revenues exceeding $11 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Classical Academy High School Inc's IRS 990 filings:
- No officer compensation reported despite significant revenue, which could indicate a lack of transparency in executive compensation reporting.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, limiting a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Classical Academy High School Inc:
- Consistent revenue growth from $2.55 million in 2011 to $11.31 million in 2016, indicating strong operational expansion.
- Maintained positive net assets throughout the period, growing from $229,251 in 2011 to $736,948 in 2016, demonstrating financial stability.
- Expenses generally track closely with revenue, suggesting efficient use of funds to support its mission.
Frequently Asked Questions about Classical Academy High School Inc
Why is there no officer compensation reported despite significant revenue?
The IRS 990 filings for Classical Academy High School Inc. from 2011 to 2016 consistently report 0% officer compensation. This could mean that executive leadership is entirely volunteer-based, compensated through a related entity, or that compensation is reported under other expense categories, which would impact transparency.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency and is typically available in the full IRS 990 form.
How does the organization manage its liabilities relative to its assets?
The organization's liabilities have consistently been a significant portion of its assets, for example, $1,127,957 in liabilities against $1,864,905 in assets in 2016. While net assets remain positive, a deeper dive into the nature of these liabilities would provide more insight into financial risk and management.
Filing History
IRS 990 filing history for Classical Academy High School Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Classical Academy High School Inc's revenue has grown by 342.8%, moving from $2.6M to $11.3M. Total assets increased by 82.3% over the same period, from $1.0M to $1.9M. Total functional expenses rose by 366.1%, from $2.4M to $11.2M. In its most recent filing year (2016), Classical Academy High School Inc reported a surplus of $100K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $1.9M in assets (debt-to-asset ratio: 60.5%), resulting in net assets of $737K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2016 | $11.3M | $11.2M | $1.9M | $1.1M | — | View 990 |
| 2015 | $8.2M | $8.3M | $2.0M | $1.4M | — | View 990 |
| 2014 | $5.7M | $5.6M | $1.7M | $904K | — | View 990 |
| 2013 | $4.4M | $4.2M | $2.1M | $1.4M | — | View 990 |
| 2012 | $3.4M | $3.2M | $1.3M | $776K | — | View 990 |
| 2011 | $2.6M | $2.4M | $1.0M | $794K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $11.3M, expenses of $11.2M, and assets of $1.9M (revenue +38.8% year-over-year).
- 2015: Revenue of $8.2M, expenses of $8.3M, and assets of $2.0M (revenue +41.9% year-over-year).
- 2014: Revenue of $5.7M, expenses of $5.6M, and assets of $1.7M (revenue +31.1% year-over-year).
- 2013: Revenue of $4.4M, expenses of $4.2M, and assets of $2.1M (revenue +28.5% year-over-year).
- 2012: Revenue of $3.4M, expenses of $3.2M, and assets of $1.3M (revenue +33.5% year-over-year).
- 2011: Revenue of $2.6M, expenses of $2.4M, and assets of $1.0M.
Data Sources and Methodology
This transparency report for Classical Academy High School Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.