Classical Tradition Institute
EIN: 465609464 · Provo, UT · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $33K |
| Total Expenses | $91K |
| Net Assets | $248K |
Is Classical Tradition Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Classical Tradition Institute
Classical Tradition Institute (EIN: 465609464) is a nonprofit organization based in Provo, UT, classified under NTEE code B20. The organization reported total revenue of $33K and total assets of $159K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Classical Tradition Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Classical Tradition Institute is a micro nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $88K |
| Total Expenses | $91K |
| Surplus / Deficit | $-2,906 |
| Total Assets | $293K |
| Total Liabilities | $45K |
| Net Assets | $248K |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 15.5% |
| Months of Reserves | 38.6 months |
Financial Health Grade: B
In 2023, Classical Tradition Institute reported a deficit of $3K with expenses exceeding revenue, holds 38.6 months of operating reserves (strong position), has a debt-to-asset ratio of 15.5% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Classical Tradition Institute's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.4% | +0.2% | +2.6% |
| 2022 | +89.9% | -8.7% | +7.0% |
| 2021 | -64.4% | +9.4% | -15.0% |
| 2020 | +61.8% | -10.3% | +31.4% |
| 2019 | -48.1% | -53.9% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Classical Tradition Institute has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Classical Tradition Institute with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.5%.
Frequently Asked Questions about Classical Tradition Institute
Is Classical Tradition Institute a legitimate charity?
Classical Tradition Institute (EIN: 465609464) is a registered tax-exempt nonprofit based in Utah. It has 10 years of IRS 990 filings on record. Total revenue: $33K. No red flags identified. Financial health grade: B.
How does Classical Tradition Institute spend its money?
Classical Tradition Institute reported $33K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Classical Tradition Institute tax-deductible?
Classical Tradition Institute is registered as a tax-exempt nonprofit (EIN: 465609464). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Classical Tradition Institute located?
Classical Tradition Institute is headquartered in Provo, Utah and files with the IRS under EIN 465609464. It is classified under NTEE code B20.
How many years of IRS 990 filings does Classical Tradition Institute have?
Classical Tradition Institute has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $33K in total revenue.
Filing History
IRS 990 filing history for Classical Tradition Institute showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Classical Tradition Institute's revenue has declined by 11.2%, moving from $99K to $88K. Total assets increased by 641.4% over the same period, from $40K to $293K. Total functional expenses rose by 40.8%, from $65K to $91K. In its most recent filing year (2023), Classical Tradition Institute reported a deficit of $3K, with expenses exceeding revenue. The organization holds $45K in liabilities against $293K in assets (debt-to-asset ratio: 15.5%), resulting in net assets of $248K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $88K | $91K | $293K | $45K | — | — |
| 2022 | $109K | $91K | $286K | $35K | — | View 990 |
| 2021 | $58K | $100K | $267K | $35K | — | View 990 |
| 2020 | $162K | $91K | $314K | $40K | — | — |
| 2019 | $100K | $101K | $239K | $36K | — | View 990 |
| 2018 | $193K | $220K | $242K | $37K | — | View 990 |
| 2017 | $56K | $56K | $21K | $0 | — | View 990 |
| 2016 | $48K | $57K | $13K | $0 | — | View 990 |
| 2015 | $155K | $184K | $5K | $0 | — | View 990 |
| 2014 | $99K | $65K | $40K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $88K, expenses of $91K, and assets of $293K (revenue -19.4% year-over-year).
- 2022: Revenue of $109K, expenses of $91K, and assets of $286K (revenue +89.9% year-over-year).
- 2021: Revenue of $58K, expenses of $100K, and assets of $267K (revenue -64.4% year-over-year).
- 2020: Revenue of $162K, expenses of $91K, and assets of $314K (revenue +61.8% year-over-year).
- 2019: Revenue of $100K, expenses of $101K, and assets of $239K (revenue -48.1% year-over-year).
- 2018: Revenue of $193K, expenses of $220K, and assets of $242K (revenue +243.5% year-over-year).
- 2017: Revenue of $56K, expenses of $56K, and assets of $21K (revenue +16.3% year-over-year).
- 2016: Revenue of $48K, expenses of $57K, and assets of $13K (revenue -68.8% year-over-year).
- 2015: Revenue of $155K, expenses of $184K, and assets of $5K (revenue +56.0% year-over-year).
- 2014: Revenue of $99K, expenses of $65K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Classical Tradition Institute:
Data Sources and Methodology
This transparency report for Classical Tradition Institute 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.