Skip to content
Nonprofiteer
← SAN LUIS OBISPO CLASSICAL ACADEMY

Form 990 for tax year 2023

Filed by SAN LUIS OBISPO CLASSICAL ACADEMY.

Totals

Total revenue
$8,670,381
Total expenses
$6,510,996
Contributions and grants received
$3,418,275
Grants paid
$0
Program service revenue
$5,197,773
Investment income
-$1,421
Other revenue
$55,754
Total assets, end of year
$4,050,886
Total liabilities, end of year
$970,742
Net assets or fund balances, end of year
$3,080,144
Program services expenses (Part IX)
$5,651,371
Management and general expenses
$612,875
Fundraising expenses
$246,750
Program service expenses (Part III)
$5,651,371

Program services were 86.8% 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.

  • 1d · Related organizations

    $157,548

  • 1e · Government grants (contributions)

    $608,447

  • 1f · All other contributions, gifts and grants

    $2,652,280

  • 1g · Noncash contributions included above

    $2,007,039

  • 2a · Program service revenue: TUITION & REGISTRATION

    total $4,280,588 · related or exempt $4,280,588

  • 2b · Program service revenue: CLASSROOM RELATED

    total $917,185 · related or exempt $917,185

  • 3 · Investment income

    total $21,375 · excluded $21,375

  • 7a · Gross sales of assets other than inventory

    securities $1,984,243

  • 7b · Less cost or other basis and sales expenses

    securities $2,007,039

  • 7c · Gain or loss

    securities -$22,796

  • 7d · Net gain or loss

    total -$22,796 · excluded -$22,796

  • 10a · Gross sales of inventory

    $191,198

  • 10b · Cost of goods sold

    $135,444

  • 10c · Net income from sales of inventory

    total $55,754 · excluded $55,754

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $211,091 · management and general $211,091

  • 7 · Other salaries and wages

    total $3,402,242 · program services $3,094,151 · management and general $192,673 · fundraising $115,418

  • 9 · Other employee benefits

    total $186,702 · program services $186,702

  • 10 · Payroll taxes

    total $299,626 · program services $209,129 · management and general $83,943 · fundraising $6,554

  • 11c · Fees: accounting

    total $18,500 · management and general $18,500

  • 11e · Fees: professional fundraising services

    total $29,018 · fundraising $29,018

  • 11g · Fees: other

    total $51,991 · program services $51,991

  • 12 · Advertising and promotion

    total $36,255 · program services $36,255

  • 13 · Office expenses

    total $99,485 · program services $92,381 · management and general $7,104

  • 14 · Information technology

    total $65,015 · management and general $65,015

  • 16 · Occupancy

    total $748,080 · program services $748,080

  • 20 · Interest

    total $4,020 · management and general $4,020

  • 22 · Depreciation, depletion and amortization

    total $398,625 · program services $398,625

  • 23 · Insurance

    total $46,560 · program services $34,292 · management and general $12,268

  • 24a · Other expenses: FUTURE PROPERTY IN PROG

    total $209,469 · program services $209,469

  • 24b · Other expenses: MISCELLANEOUS

    total $144,698 · program services $48,938 · fundraising $95,760

  • 24c · Other expenses: ATHLETICS

    total $139,344 · program services $139,344

  • 24d · Other expenses: CAPITAL PURCHASES

    total $116,538 · program services $116,538

  • 24e · All other expenses

    total $303,737 · program services $285,476 · management and general $18,261

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $147,991 · end of year $120,346

  • 4 · Accounts receivable

    beginning of year $89,234 · end of year $15,014

  • 8 · Inventories for sale or use

    beginning of year $90,785 · end of year $119,552

  • 10a · Land, buildings and equipment: cost or other basis

    $1,974,461

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,252,878

  • 10c · Land, buildings and equipment, net

    beginning of year $1,036,458 · end of year $721,583

  • 11 · Investments: publicly traded securities

    beginning of year $633 · end of year $2,401,545

  • 15 · Other assets

    beginning of year $1,288,732 · end of year $672,846

  • 17 · Accounts payable and accrued expenses

    beginning of year $263,806 · end of year $319,629

  • 22 · Loans and payables to officers and key people

    beginning of year $200,000 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,256,739 · end of year $651,113

  • 27 · Net assets without donor restrictions

    beginning of year $933,288 · end of year $3,080,144

Mission and programs · 2023

Mission

A PUBLIC BENEFIT CORP THAT PROVIDES A CLASSICAL EDUCATION MODEL TO THE COMMUNITIES WITHIN SAN LUIS OBISPO COUNTY AND SUPPORTS PARENTS IN THEIR EFFORTS TO EDUCATE THEIR CHILDREN.

  • TO CONDUCT CLASSES IN MATH, LANGUAGE, ARTS, HISTORY, SCIENCE AND OTHER ELECTIVES AT THE ELEMENTARY, MIDDLE SCHOOL AND HIGH SCHOOL LEVELS AND TO WORK WITH PARENTS TO MONITOR STUDENTS' PROGRESS IN THE HOME SCHOOLING AND SITE BASED EDUCATION COMPONENTS.

    Expenses $5,381,805 · Revenue $4,798,330

  • TO PROVIDE MANAGEMENT SERVICES TO A RELATED ENTITY THRIFT STORE.

    Expenses $269,566 · Revenue $399,443

As filed on the 2023 return.

Listed in Part VII

  • Susan Theule

    PRESIDENT

    Total calculated
    $135,620
    From this org
    $134,360
    From related orgs
    $0
    Other
    $1,260
    Hours/week
    40 + 2 related

  • Jill Talley

    SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • Miranda Martinez

    TREASURER

    Total calculated
    $71,851
    From this org
    $71,851
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 2 related

  • Sandee Beckers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • Brenda Enney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1.5 related

  • Kenneth Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1.5 related

  • Mark Olson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1.5 related

  • Tim Ronda

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1.5 related

  • Josh Tang

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1.5 related

  • Amanda Ainsworth

    BUSINESS DIRECTOR

    Total calculated
    $115,874
    From this org
    $114,798
    From related orgs
    $0
    Other
    $1,076
    Hours/week
    40

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
4 February 2025
IRS schema version
2023v6.0
Source object
202500379349300600

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.