Form 990 for tax year 2024
Filed by HEART OF OHIO CLASSICAL ACADEMY.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2024 , filed 15 July 2026. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $889,854 changed to $2,999,997
- Total expenses
- $360,741 changed to $4,310,820
- Contributions and grants received
- $37 changed to $2,978,433
- Other revenue
- $889,817 changed to $21,564
- Total assets, end of year
- $531,882 changed to $10,439,819
- Total liabilities, end of year
- $44,139 changed to $11,359,031
- Net assets or fund balances, end of year
- $487,743 changed to -$919,212
- Program services expenses
- $321,441 changed to $1,984,266
- Management and general expenses
- $39,300 changed to $2,326,554
- Program service expenses (Part III)
- $321,441 changed to $1,984,266
Listed only on the earlier return
- Bob St GermainBOB ST GERMAIN
- Jeffrey A Foster CPAJEFFREY A FOSTER CPA
Listed only on the later return
- Carol O'BrienCAROL O'BRIEN
- Robert St GermainROBERT ST GERMAIN
Listed under a different title
- Shawn ParkerSHAWN PARKER: VICE PRESIDENT then MEMBER, VICE PRESIDENT
- Terry LanhamTERRY LANHAM: MEMBER then MEMBER - UNTIL 04/25
Totals
- Total revenue
- $889,854
- Total expenses
- $360,741
- Contributions and grants received
- $37
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $889,817
- Total assets, end of year
- $531,882
- Total liabilities, end of year
- $44,139
- Net assets or fund balances, end of year
- $487,743
- Program services expenses (Part IX)
- $321,441
- Management and general expenses
- $39,300
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $321,441
Program services were 89.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$37
-
11a · Other revenue: BOND PROCEEDS
total $889,817 · excluded $889,817
-
11e · Other revenue, total
$889,817
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $81,648 · program services $81,648
-
9 · Other employee benefits
total $10,942 · program services $10,942
-
10 · Payroll taxes
total $24,639 · program services $24,639
-
11a · Fees: management
total $4,182 · program services $4,182
-
11b · Fees: legal
total $589 · program services $589
-
11c · Fees: accounting
total $15,745 · program services $15,745
-
11g · Fees: other
total $2,300 · program services $2,300
-
12 · Advertising and promotion
total $108,662 · program services $108,662
-
13 · Office expenses
total $24,576 · management and general $24,576
-
16 · Occupancy
total $53,187 · program services $52,191 · management and general $996
-
20 · Interest
total $13,728 · management and general $13,728
-
23 · Insurance
total $13,965 · program services $13,965
-
24a · Other expenses: ACADEMIC EXPENSES
total $6,578 · program services $6,578
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $495,610 · end of year $390,174
-
4 · Accounts receivable
end of year $100,627
-
9 · Prepaid expenses and deferred charges
beginning of year $3,924 · end of year $41,081
-
17 · Accounts payable and accrued expenses
beginning of year $31,029 · end of year $44,139
-
23 · Secured mortgages and notes payable
beginning of year $650,000
-
24 · Unsecured notes and loans payable
beginning of year $5
-
27 · Net assets without donor restrictions
beginning of year -$181,500 · end of year $487,743
Mission and programs · 2024
Mission
PROVIDE A CONTENT-RICH EDUCATION THAT STIMULATES THE MIND, FEEDS THE HUNGER FOR LEARNING, AND NOURISHES THE HEART THROUGH A FULLY INTEGRATED LIBERAL ARTS AND SCIENCES CURRICULUM THAT INCLUDES INSTRUCTION IN MORAL CHARACTER AND CIVIC VIRTUE.
-
HEART OF OHIO CLASSICAL ACADEMY IS A HILLSDALE COLLEGE CURRICULUM SCHOOL, A DISTINCTION THAT OFFERS OUR SCHOOL ACCESS TO A TRIED AND TRUE K-12 CURRICULUM FROM THE HILLSDALE COLLEGE K-12 EDUCATION OFFICE.
Expenses $321,441
As filed on the 2024 return.
Listed in Part VII
-
Bob St GermainBOB ST GERMAIN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Shawn ParkerSHAWN PARKER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.3
-
Greg LawsonGREG LAWSON
MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Michele ColdironMICHELE COLDIRON
MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Terry LanhamTERRY LANHAM
MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Stephanie AtayaSTEPHANIE ATAYA
FISCAL OFFICER
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey A Foster CPAJEFFREY A FOSTER CPA
FISCAL OFFICER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 March 2025
- IRS schema version
- 2024v5.0
- Source object
- 202500659349301610
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