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Classical Academy De Lafayette

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Elementary, Secondary Education, K - 12 (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.
Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$1.14M (2023)

Expenses
$1.34M (2023)

Total Assets
$674k (2023)

Total Liabilities
$1.11M (2023)

Source: Form 990 tax filings from 2018 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,136,575
Expenses
$1,344,680
Net Income
-$208,105
Net Assets
-$437,235
Notable Sources of Revenue Percent of Total Revenue
Contributions $302,805
26.6%
Program Services $801,572
70.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $28,236
2.5%
Sales of Assets $0
Net Inventory Sales $1,826
0.2%
Other Revenue $2,136
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $84,315
6.3%
Professional Fundraising Fees $0
Other Salaries and Wages $722,077
53.7%
Assets/Debt
Total Assets $674,056
Total Liabilities $1,111,291
Net Assets -$437,235
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Katy Mc Kinney (Ceo, Head Of School) $45,000 $0 $0
Bill Ward (Director) $39,315 $0 $0
Jamie Sullivan (Director Former) $0 $0 $0
Amy Anderson (Chairman Former) $0 $0 $0
Dan Meagher (Director) $0 $0 $0
Hallie Meagher (Treasurer) $0 $0 $0
Dale Henn (Chairman) $0 $0 $0
Benjamin Payne (Director) $0 $0 $0
Brian Mc Cauley (Head Of School) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,377,498
Expenses
$1,132,432
Net Income
$245,066
Net Assets
-$275,734
Notable Sources of Revenue Percent of Total Revenue
Contributions $702,571
51.0%
Program Services $670,551
48.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $3,674
0.3%
Sales of Assets $0
Net Inventory Sales -$1,563
Other Revenue $2,265
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $127,680
11.3%
Professional Fundraising Fees $0
Other Salaries and Wages $520,515
46.0%
Assets/Debt
Total Assets $514,405
Total Liabilities $790,139
Net Assets -$275,734
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Donald Ward (Director) $82,680 $0 $0
Katy Mc Kinney (Ceo, Head Of School) $45,000 $0 $0
Jamie Sullivan (Director) $0 $0 $0
Amy Anderson (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$616,239
Expenses
$867,439
Net Income
-$251,200
Net Assets
-$514,490
Notable Sources of Revenue Percent of Total Revenue
Contributions $223,647
36.3%
Program Services $354,881
57.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $37,535
6.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $176
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $471,462
54.4%
Assets/Debt
Total Assets $70,857
Total Liabilities $585,347
Net Assets -$514,490
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Katy Mc Kinney (Ceo, Head Of School) $45,000 $0 $0
Mitch Clem (Chairman) $0 $0 $0
Brian Lundt (Director) $0 $0 $0
Rick Dureee (Director) $0 $0 $0
Amy Anderson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$344,375
Expenses
$506,750
Net Income
-$162,375
Net Assets
-$263,290
Notable Sources of Revenue Percent of Total Revenue
Contributions $95,007
27.6%
Program Services $258,880
75.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$9,626
Sales of Assets $0
Net Inventory Sales $114
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,333
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $306,175
60.4%
Assets/Debt
Total Assets $71,976
Total Liabilities $335,266
Net Assets -$263,290
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Katy Mc Kinney (Ceo, Head Of School) $18,333 $0 $0
Mitch Clem (Chairman) $0 $0 $0
Marilyn Wallace (Director) $0 $0 $0
Keith Preston (Director) $0 $0 $0
Brian Lundt (Director) $0 $0 $0
Rick Dureee (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$219,605
Expenses
$342,253
Net Income
-$122,648
Net Assets
-$100,915
Notable Sources of Revenue Percent of Total Revenue
Contributions $130,520
59.4%
Program Services $89,085
40.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $12,000
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $193,316
56.5%
Assets/Debt
Total Assets $10,866
Total Liabilities $111,781
Net Assets -$100,915

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$194,614
Expenses
$181,808
Net Income
$12,806
Net Assets
$21,733
Notable Sources of Revenue Percent of Total Revenue
Contributions $123,858
63.6%
Program Services $81,313
41.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$10,557
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $3,000
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $91,167
50.1%
Assets/Debt
Total Assets $29,051
Total Liabilities $7,318
Net Assets $21,733

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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