Greenville Classical Academy
- Assets
- $9.2m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 49
- Location
- Greenville, SC
- Founding
- 02/2005
- Data as of
- 06/2023
- EIN
- 80-0115165
Organization Overview
Greenville Classical Academy is located in Greenville, SC. The organization was established in 2005. 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 06/2023, Greenville Classical Academy employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenville 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 06/2023, Greenville Classical Academy generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $2.6m during the year ending 06/2023. While expenses have increased by 19.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF GREENVILLE CLASSICAL ACADEMY IS TO PROVIDE A DISTINCTLY CHRIST-CENTERED, BIBLICAL, AND CLASSICAL EDUCATION, PRODUCING STUDENTS WHO GLORIFY GOD IN THEIR THOUGHTS, WORDS, AND DEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREENVILLE CLASSICAL ACADEMY SERVES STUDENTS FROM K-4 THROUGH 12TH GRADE. THE VISION OF GREENVILLE CLASSICAL ACADEMY IS TO SEE GENERATIONS OF GODLY, BIBLICALLY-EDUCATED, ACADEMICALLY-PREPARED LEADERS FOR OUR HOMES, OUR COMMUNITIES, AND OUR WORLD. GCA STRIVES TO DEVELOP WELL-ROUNDED STUDENTS BY PROVIDING A VARIETY OF OPPORTUNITIES SUCH AS ATHLETICS, FIELD TRIPS, SERVICE PROJECTS, UPPER SCHOOL RETREATS AND WEEKLY CHAPEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Bouvier Head Of Scho | Officer | 40 | $91,470 |
Ron Babington Chair & Trea | OfficerTrustee | 2 | $0 |
Faith Martzin Secretary | OfficerTrustee | 2 | $0 |
Del Dee Hindman Director | Trustee | 2 | $0 |
Stephen Jones Director | Trustee | 2 | $0 |
Larry Myers Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $60,161 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $768,907 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $829,068 |
| Total Program Service Revenue | $2,306,623 |
| Investment income | $3,018 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$603 |
| Net Income from Fundraising Events | $8,781 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,146,887 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $223,760 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,720 |
| Compensation of current officers, directors, key employees. | $13,908 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,125,493 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $214,205 |
| Payroll taxes | $93,140 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $11,100 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,643 |
| Advertising and promotion | $111,413 |
| Office expenses | $38,910 |
| Information technology | $45,722 |
| Royalties | $0 |
| Occupancy | $211,594 |
| Travel | $3,809 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $111,017 |
| Insurance | $28,934 |
| All other expenses | $75,334 |
| Total functional expenses | $2,556,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $489,638 |
| Savings and temporary cash investments | $5,896 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,663,679 |
| 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 | $15,879 |
| Net Land, buildings, and equipment | $6,983,301 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,280 |
| Total assets | $9,167,673 |
| Accounts payable and accrued expenses | $517,987 |
| Grants payable | $0 |
| Deferred revenue | $2,068,865 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $250,000 |
| Secured mortgages and notes payable | $4,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,836,852 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,330,821 |
| Total liabilities and net assets/fund balances | $9,167,673 |