Midland Classical Academy

Organization Overview

Midland Classical Academy is located in Midland, TX. The organization was established in 1998. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Midland Classical Academy employed 119 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midland 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 12/2022, Midland Classical Academy generated $6.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $4.6m during the year ending 12/2022. While expenses have increased by 5.7% per year over the past 8 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

ACADEMIC EDUCATION GRADES K-12 SCHOOL HAS APPROXIMATELY 597 STUDENTS ENROLLED IN GRADES K-12 WHICH THIS ORGANIZATION EDUCATES IN ALL MANDATED COURSES AND ALSO PROVIDES A SPORTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

ALL INCOME RECEIVED IS USED OR HELD FOR AVAILABILITY TO OBTAIN AND PAY EDUCATION SUPPLIES, FACILITIES STAFF COST TO EDUCATE STUDENTS IN COURSES AND EXTRA CURRICULAR ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Ken Beatie
Trustee
$0
Timothy Dunn
Trustee
$0
Kevin Sparks
Trustee
$0
Luke Dunn
Trustee
$0
Jeff Beard
Trustee
$0
Luke Dunn
Chairman Of The Board
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,314,287
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,314,287
Total Program Service Revenue$3,583,773
Investment income $4,803
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,950
Net Gain/Loss on Asset Sales $18,500
Net Income from Fundraising Events $159,448
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,083,761

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