Mason Classical Academy Inc
- Assets
- $20.7m
- Revenue
- $12.4m
- Investments
- $0.0
- Employees
- 183
- Location
- Naples, FL
- Founding
- 02/2013
- Data as of
- 06/2022
- EIN
- 46-0792829
Organization Overview
Mason Classical Academy Inc is located in Naples, FL. The organization was established in 2013. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Mason Classical Academy Inc employed 183 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mason Classical Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Mason Classical Academy Inc generated $12.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $11.8m during the year ending 06/2022. While expenses have increased by 15.1% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MASON CLASSICAL ACADEMY IS A CHARTER SCHOOL DEDICATED TO A CLASSICAL EDUCATION TO PROMOTE SUPERIOR EDUCATIONAL RESULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS CHARTER SCHOOL SERVES STUDENTS KINDERGARTEN THROUGH TWELFTH GRADE WITH EMPHASIS ON CLASSICAL EDUCATION TO PROMOTE SUPERIOR EDUCATIONAL RESULTS. THERE IS A PARTICULAR EMPHASIS ON HIGHER ORDER THINKING IN ALL SUBJECT AREAS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Bolduc Treasurer | OfficerTrustee | 0.5 | $0 |
Kelly Lichter President | OfficerTrustee | 0.5 | $0 |
Natalie Epperson Secretary | OfficerTrustee | 0.5 | $0 |
Laura Miller Mlinarich Board Member | Trustee | 0.5 | $0 |
Pearline Foster Board Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
3073 Horseshoe Drive Llc Rent | 6/29/20 | $590,879 |
Tripp Scott Legal | 6/29/20 | $118,457 |
Tripp Scott Legal | 6/29/20 | $118,457 |
Tripp Scott Legal | 6/29/20 | $118,457 |
3073 Horseshoe Drive Llc Rent | 6/29/20 | $590,879 |
3073 Horseshoe Drive Llc Rent | 6/29/20 | $590,879 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $232,239 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $232,239 |
| Total Program Service Revenue | $11,370,371 |
| Investment income | $951 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $12,380,524 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,601,438 |
| Pension plan accruals and contributions | $124,375 |
| Other employee benefits | $502,213 |
| Payroll taxes | $492,570 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $233,080 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $741,398 |
| Travel | $90,911 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $550,834 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $653,909 |
| Insurance | $317,293 |
| All other expenses | $426,996 |
| Total functional expenses | $11,771,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,762,006 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $157,593 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $125,648 |
| Net Land, buildings, and equipment | $15,744,690 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,897,405 |
| Total assets | $20,687,342 |
| Accounts payable and accrued expenses | $686,159 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $10,039,642 |
| Unsecured mortgages and notes payable | $2,807,580 |
| Other liabilities | $1,900,397 |
| Total liabilities | $15,433,778 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $2,897,468 |
| Retained earnings, endowment, accumulated income, or other funds | $2,356,096 |
| Total liabilities and net assets/fund balances | $20,687,342 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mason Classical Academy Inc has recieved totaling $780.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $780 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Doral Academy Inc Miami, FL | $78,216,564 | $49,667,670 |
Lake Wales Charter Schools Lake Wales, FL | $35,506,108 | $45,984,784 |
Drew Charter School Inc Atlanta, GA | $34,692,137 | $41,952,542 |
River City Education Services Jacksonville, FL | $97,321,758 | $40,759,077 |
Georgia Connections Academy Charter School Inc Duluth, GA | $22,514,475 | $38,349,918 |
Mater Academy Central Inc Kissimmee, FL | $56,599,415 | $27,041,064 |
Kindezi School Inc Atlanta, GA | $19,750,427 | $21,363,051 |
Discovery Education Services Inc Orlando, FL | $22,168,948 | $29,305,548 |
Floridians For Quality Virtual Education Inc Tampa, FL | $7,270,958 | $27,629,122 |
Slam Florida Inc Miami, FL | $54,805,051 | $25,153,035 |
Foothills Education Center Inc Athens, GA | $29,237,884 | $30,776,964 |
Odyssey Charter School Inc Palm Bay, FL | $38,445,587 | $26,479,709 |