Northwest Classical Academy Inc
- Assets
- $7.6m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 64
- Location
- Kennesaw, GA
- Founding
- Data as of
- 06/2022
- EIN
- 85-3837363
Organization Overview
Northwest Classical Academy Inc is located in Kennesaw, GA. As of 06/2022, Northwest Classical Academy Inc employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP STUDENTS IN MIND AND CHARACTER THROUGH A CLASSICAL, CONTENT-RICH CURRICULUM THAT EMPHASIZES THE PRINCIPLES OF VIRTUOUS LIVING, TRADITIONAL LEARNING, AND CIVIC RESPONSIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS IS THE FIRST YEAR OF PUBLIC CHARTER SCHOOL OPERATIONS FOR K-12 STUDENTS. THE MISSION OF THE ACADEMY IS TO DEVELOP STUDENTS IN MIND AND CHARACTER THROUGH A CLASSICAL, CONTENT-RICH CURRICULUM THAT EMPHASIZES THE PRINCIPLES OF VIRTUOUS LIVING, TRADITIONAL LEARNING, AND CIVIC RESPONSIBILITY. THE ACADEMY IS LOCATED IN KENNESAW, GEORGIA PROVIDING EDUCATION FOR OVER 507 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Reger Principal | Officer | 40 | $40,798 |
Greg Smith Vice Chair | OfficerTrustee | 1 | $0 |
Cat Mcafee Board Chair | OfficerTrustee | 1 | $0 |
Doris Moss Secretary | OfficerTrustee | 1 | $0 |
Leo Smith Member | Trustee | 1 | $0 |
Caric Martin Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,662,477 |
| All other contributions, gifts, grants, and similar amounts not included above | $246,341 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,908,818 |
| Total Program Service Revenue | $185,393 |
| Investment income | $202 |
| 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 | $6,234,715 |
| 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. | $114,666 |
| Compensation of current officers, directors, key employees. | $45,866 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,414,917 |
| Pension plan accruals and contributions | $2,082 |
| Other employee benefits | $379,929 |
| Payroll taxes | $68,871 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,245 |
| Fees for services: Accounting | $9,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,020 |
| Advertising and promotion | $299 |
| Office expenses | $57,479 |
| Information technology | $136,888 |
| Royalties | $0 |
| Occupancy | $382,013 |
| Travel | $546 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,541 |
| Interest | $10,304 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $650,029 |
| Insurance | $61,500 |
| All other expenses | $23,406 |
| Total functional expenses | $5,047,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $810,291 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $252,082 |
| 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 | $15,270 |
| Net Land, buildings, and equipment | $5,778,712 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $709,100 |
| Total assets | $7,565,455 |
| Accounts payable and accrued expenses | $159,525 |
| 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 | $6,301,966 |
| Unsecured mortgages and notes payable | $90,376 |
| Other liabilities | $0 |
| Total liabilities | $6,551,867 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,536,842 |
| Paid-in or capital surplus, or land, building, or equipment fund | -$523,254 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,565,455 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Northwest Classical Academy Inc has recieved totaling $22,751.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $16,751 |
Ralph L Smith Foundation Tr-5326 Kansas City, MO PURPOSE: SUPPORT OF CHARITABLE | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Affinity Health Center Rock Hill, SC | $21,220,850 | $20,654,145 |
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |
Latin Academy Of Recording Arts & Sciences Inc Miami, FL | $39,115,078 | $23,723,068 |
Rush Care Inc Meridian, MS | $36,015,536 | $16,929,322 |
Duke Integrated Network Inc Durham, NC | $2,381,377 | $12,476,427 |
National Save The Sea Turtle Foundation Inc Fort Lauderdale, FL | $31,698,060 | $38,580,626 |
Sunrise 2000 Inc Miami, FL | $2,498,890 | $23,255,068 |
Coahoma Electric Power Assn Lyon, MS | $50,480,063 | $20,605,799 |
Montgomery Community Action Committee Montgomery, AL | $13,253,001 | $19,355,950 |