Newton Classical Academy Inc is located in Newton, KS. The organization was established in 2016. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newton 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 12/2021, Newton Classical Academy Inc generated $36.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $44.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ASSISTED FAMILIES IN SUPPPORT OF THE EDUCATION OF THEIR CHILDREN THROUGH TEACHING SERVICES AND CURRICULUM COORDINATION BENEFITTING ABOUT TWENTY FAMILITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Reimer President Of The Boa | 0.1 | $0 | |
Phillip Tippin Treasurer | 0.25 | $0 | |
Christopher Earles Secretary | 0.1 | $0 | |
Brandon Buerge Vice President | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $375 |
| Total Program Service Revenue | $0 |
| Membership dues | $35,890 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,265 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,198 |
| Professional fees and other payments to independent contractors | $5,855 |
| Occupancy, rent, utilities, and maintenance | $3,400 |
| Printing, publications, postage, and shipping | $145 |
| Other expenses | $8,022 |
| Total expenses | $44,620 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,038 |
| Other assets | $0 |
| Total assets | $5,038 |
| Total liabilities | $11,400 |
| Net assets or fund balances | -$6,362 |