Saint Basil Academy Of Classicalstudies

Saint Basil Academy maintains stable finances with no reported executive compensation, though recent expenses slightly exceeded revenue.

EIN: 205287365 · Walla Walla, WA · NTEE: B20 · Updated: 2026-03-28

$339KRevenue

$424KAssets

85/100Mission Score (Excellent)

B20

About Saint Basil Academy Of Classicalstudies

Saint Basil Academy Of Classicalstudies (EIN: 205287365) is a nonprofit organization based in Walla Walla, WA, classified under NTEE code B20. The organization reported total revenue of $339K and total assets of $424K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saint Basil Academy Of Classicalstudies's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Saint Basil Academy Of Classicalstudies demonstrates a consistent operational pattern with revenues generally keeping pace with or slightly exceeding expenses over the past decade. For instance, in 2022, revenue was $282,020 against expenses of $239,446, indicating a surplus. However, the most recent filing (2023) shows expenses ($309,632) slightly exceeding revenue ($306,818), resulting in a minor deficit. The organization's assets have shown growth, from $207,298 in 2014 to $431,869 in 2023, suggesting a stable financial foundation. Liabilities have also increased over time, reaching $125,424 in 2023, which warrants monitoring but is not disproportionate to assets.

The academy's financial health appears stable, with a consistent revenue stream and asset growth. The absence of reported officer compensation across all filings indicates a strong commitment to directing funds towards its mission, enhancing its spending efficiency. While specific program spending percentages are not provided in the summary data, the lack of executive compensation is a positive indicator of efficient resource allocation. The consistent filing of IRS 990s over 13 periods demonstrates a commitment to transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Saint Basil Academy Of Classicalstudies with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Saint Basil Academy Of Classicalstudies allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly commendable for a nonprofit of this size ($338,608 latest revenue).

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 Saint Basil Academy Of Classicalstudies's IRS 990 filings:

Slight deficit in the most recent fiscal year (2023), with expenses ($309,632) exceeding revenue ($306,818).

Strengths

The following positive indicators were identified for Saint Basil Academy Of Classicalstudies:

No reported officer compensation across all 13 filings, indicating high efficiency and dedication to mission.
Consistent revenue growth over the past decade, from $198,974 in 2014 to $306,818 in 2023.
Steady asset growth, from $207,298 in 2014 to $431,869 in 2023, demonstrating financial stability.
Consistent filing of IRS 990s over 13 periods, indicating strong transparency.

Frequently Asked Questions about Saint Basil Academy Of Classicalstudies

Is Saint Basil Academy Of Classicalstudies a good charity?

Based on the provided data, Saint Basil Academy appears to be a good charity. It demonstrates financial stability, consistent asset growth, and a strong commitment to its mission by not reporting any executive compensation.

How has the organization's financial health changed over the last few years?

The organization has shown consistent revenue growth from $198,974 in 2014 to $306,818 in 2023. Assets have also steadily increased from $207,298 in 2014 to $431,869 in 2023, indicating a strengthening financial position, despite a slight deficit in the most recent fiscal year (2023).

What is the trend in liabilities for Saint Basil Academy?

Liabilities have generally increased over the past decade, from $89,118 in 2014 to $125,424 in 2023. While this is an increase, it remains a manageable portion of the organization's total assets ($431,869 in 2023).

Filing History

IRS 990 filing history for Saint Basil Academy Of Classicalstudies showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Saint Basil Academy Of Classicalstudies's revenue has grown by 153.3%, moving from $121K to $307K. Total assets increased by 150.8% over the same period, from $172K to $432K. Total functional expenses rose by 230.3%, from $94K to $310K. In its most recent filing year (2023), Saint Basil Academy Of Classicalstudies reported a deficit of $3K, with expenses exceeding revenue. The organization holds $125K in liabilities against $432K in assets (debt-to-asset ratio: 29.0%), resulting in net assets of $306K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$307K	$310K	$432K	$125K	—	—
2022	$282K	$239K	$433K	$124K	—	View 990
2021	$223K	$237K	$393K	$126K	—	—
2020	$211K	$231K	$398K	$116K	—	View 990
2019	$254K	$264K	$422K	$120K	—	View 990
2018	$228K	$224K	$422K	$109K	—	View 990
2017	$303K	$208K	$315K	$7K	—	View 990
2016	$192K	$192K	$217K	$88K	—	View 990
2015	$183K	$172K	$223K	$94K	—	View 990
2014	$199K	$152K	$207K	$89K	—	View 990
2013	$137K	$135K	$168K	$97K	—	View 990
2012	$124K	$127K	$165K	$96K	—	View 990
2011	$121K	$94K	$172K	$97K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $307K, expenses of $310K, and assets of $432K (revenue +8.8% year-over-year).
2022: Revenue of $282K, expenses of $239K, and assets of $433K (revenue +26.7% year-over-year).
2021: Revenue of $223K, expenses of $237K, and assets of $393K (revenue +5.7% year-over-year).
2020: Revenue of $211K, expenses of $231K, and assets of $398K (revenue -16.9% year-over-year).
2019: Revenue of $254K, expenses of $264K, and assets of $422K (revenue +11.2% year-over-year).
2018: Revenue of $228K, expenses of $224K, and assets of $422K (revenue -24.7% year-over-year).
2017: Revenue of $303K, expenses of $208K, and assets of $315K (revenue +57.9% year-over-year).
2016: Revenue of $192K, expenses of $192K, and assets of $217K (revenue +4.5% year-over-year).
2015: Revenue of $183K, expenses of $172K, and assets of $223K (revenue -7.8% year-over-year).
2014: Revenue of $199K, expenses of $152K, and assets of $207K (revenue +45.1% year-over-year).
2013: Revenue of $137K, expenses of $135K, and assets of $168K (revenue +11.0% year-over-year).
2012: Revenue of $124K, expenses of $127K, and assets of $165K (revenue +2.0% year-over-year).
2011: Revenue of $121K, expenses of $94K, and assets of $172K.

Data Sources and Methodology

This transparency report for Saint Basil Academy Of Classicalstudies 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.