Classical Academy Incorporated

Organization Overview

Classical Academy Incorporated is located in Escondido, CA. The organization was established in 2000. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2020, Classical Academy Incorporated employed 454 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Classical Academy Incorporated generated $31.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $29.9m during the year ending 06/2020. While expenses have increased by 20.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

OPERATES: (2) K-8 CHARTER SCHOOLS AND (1) HIGH SCHOOL; OPERATES ONLINE SCHOOL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CLASSICAL ACADEMY, INC OPERATES TWO SEPARATE CHARTER SCHOOL (K-8), ONE HIGH SCHOOL, AND ONE ONLINE SCHOOL. IT ASSISTS PARENTS IN THEIR MISSION TO DEVELOP EXEMPLARY YOUNG CITIZENS WITH SUPERIOR ACADEMIC PROFICIENCY, ANALYTICAL THINKING SKILLS, A PASSION FOR LEARNING AND VIRTUOUS CHARACTER, ALL BUILT UPON A SOLID FOUNDATION OF KNOWLEDGE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $30,947,423
All other contributions, gifts, grants, and similar amounts not included above$59,630
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$31,007,053
Total Program Service Revenue$722,618
Investment income $105,120
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $96,665
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $31,931,456

Peer Organizations

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