Cedar Classical Academy
- Assets
- $743.0k
- Revenue
- $768.9k
- Investments
- $24.8k
- Employees
- 13
- Location
- Okemos, MI
- Founding
- 03/2019
- Data as of
- 06/2022
- EIN
- 82-3657833
Organization Overview
Cedar Classical Academy is located in Okemos, MI. The organization was established in 2019. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2022, Cedar Classical Academy employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedar Classical Academy 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, Cedar Classical Academy generated $768.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 52.0% each year . All expenses for the organization totaled $448.0k during the year ending 06/2022. 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
TO ASSIST PARENTS IN THE CLASSICAL EDUCATION OF THEIR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE OFFER A RIGOROUS COURSE OF STUDY IN THE WESTERN LIBERAL ARTS TRADITION, TEACHING STUDENTS TO DISCOVER GOODNESS, TRUTH, AND BEAUTY IN EVERY DISCIPLINE AS A REFLECTION OF GOD - THE FATHER, THE SON, AND THE HOLY SPIRIT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Hummel Head Of School | Officer | 40 | $50,170 |
Emma Setterington Secretary | OfficerTrustee | 2 | $0 |
Josh Hull Chairman Of The Board | OfficerTrustee | 2.5 | $0 |
Collen Puuri Director | Trustee | 1 | $0 |
Timothy Peng Director | Trustee | 0.5 | $0 |
David Shane Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,553 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $465,406 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $479,959 |
| Total Program Service Revenue | $288,584 |
| Investment income | $84 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$115 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $768,871 |
| 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. | $66,925 |
| Compensation of current officers, directors, key employees. | $20,077 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $213,847 |
| Pension plan accruals and contributions | $3,079 |
| Other employee benefits | $2,483 |
| Payroll taxes | $22,251 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $400 |
| Fees for services: Accounting | $6,138 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $170 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,024 |
| Office expenses | $2,451 |
| Information technology | $1,814 |
| Royalties | $0 |
| Occupancy | $39,300 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,497 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,497 |
| All other expenses | $2,745 |
| Total functional expenses | $448,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $374,240 |
| Savings and temporary cash investments | $343,880 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $24,849 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $742,969 |
| Accounts payable and accrued expenses | $27,480 |
| Grants payable | $0 |
| Deferred revenue | $4,422 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $31,902 |
| Net assets without donor restrictions | $374,735 |
| Net assets with donor restrictions | $336,332 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $742,969 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cedar Classical Academy has recieved totaling $30,158.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $30,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $158 |
Endowment Analysis
| Earnings | -$5,395 |
| Net Contributions | $30,244 |
| Ending Balance | $24,849 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education At Work Inc Indianapolis, IN | $7,418,747 | $27,265,167 |
St Coletta Of Wisconsin Inc Jefferson, WI | $22,544,522 | $20,338,471 |
Nbi-Sems Inc Altoona, WI | $32,056,887 | $23,539,455 |
Eleven Fifty Academy Inc Indianapolis, IN | $2,885,301 | $14,569,317 |
Newton Services Foundation Inc Flint, MI | $3,036,249 | $10,428,739 |
Council For Adult And Experiental Learning Indianapolis, IN | $4,495,606 | $4,303,081 |
Van Andel Institute Graduate School Grand Rapids, MI | $1,492,760 | $4,853,861 |
Kelley Executive Education Foundation Inc Bloomington, IN | $1,125,624 | $3,371,150 |
Education And Training Connection Midland, MI | $2,969,193 | $3,353,333 |
Columbus Literacy Council Columbus, OH | $1,481,733 | $3,063,188 |
Evansville Plumbers Apprentice Training Trust Fund Evansville, IN | $3,497,630 | $2,319,217 |
Inforum Detroit, MI | $3,977,241 | $2,035,446 |