Public Charity

Classical Academies CFA Inc

Classical Academies CFA Inc, of Lake Lure, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $6.1M in revenue, $6.1M in expenses, $3.0M in total assets. 6 publicly reported grants to this organization, totaling roughly $78K, appear in IRS filings.

EIN: 271315350 Lake Lure, NC Charter Schools NTEE: B29 Latest filing: 2025
Total Revenue$6.1M
Total Expenses$6.1M
Total Assets$3.0M
Grant Records6
Funding Total$78K
Filing Years2021–2025

Mission

Operate a public charter school to educate children in the community.

Where $100 goes at Classical Academies CFA Inc

How Classical Academies CFA Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$66 Programs the work itself
$34 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $66 for programs

$66
Operate a public charter school
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Secretary Art Montandon
Director Barbara Cohen
Secretary Beth Gordon
Chair Kate Sloss
Director Kelly Bragdon
Vice Chair Mark Hamann

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$35,000 2 grants
General Support
$18,403 2 grants
Unspecified
$25,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $6.1M $6.1M $3.0M
2024 $5.7M $6.1M $2.5M
2023 $6.7M $5.7M $3.1M
2022 $6.0M $6.0M $2.1M
2021 $6.4M $5.7M $1.8M

Between 2021 and 2025, reported annual revenue declined from $6.4M to $6.1M (-5%), with total assets most recently reported at $3.0M.

Interactive year-over-year charts and full filing details available with membership.

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