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Indiana · Nonprofit

Fiat Classical Academy Inc

Fiat Classical Academy Inc (Indiana) receives grants from 2 organizations whose IRS filings report $19,700 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($17,200). 2 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$418k
Funders on record
2
Grants received
$20k
Net assets
$177k
2/2 repeat funders
01What it does

What Fiat Classical Academy Inc does

Mission

Our mission is to assist parents in forming young men and women into who God created them to be. This involves the formation of the entire human person including growing in wisdom, virtue and holiness, both body and soul, through a high school education in the Catholic intellectual tradition.

As stated on its FY2025 Form 990.

Program

  1. Fiat Classical Academy successfully held our inaugural academic year for 2024-2025. We offer a high school level program serving grades 9 and 10 in our first year, which will be expanding until we are offering all four high school grades 9-12. We had 13 students from Indiana and Ohio. Our mission is to assist parents in forming young men and women into who God created them to be. This involves the formation of the entire human person including growing in wisdom, virtue and holiness, both body and soul. One very unique way we do this is through our Adamello Days, where administrators and faculty lead students on formational days outside of the classroom twice a month in one of the four areas: 1) outdoor adventure 2) works of mercy 3) delighting in the fine arts or 4) craftsmanship. Our overall curriculum for grades 9 and 10 in this first year included courses in these areas: theology, history, literature and composition, Latin, math, science, fine arts, physical education, and logic.

    $197,522 spent$100,668 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $197,522.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20232023 Revenue 100 ($17k) Expenses 100 ($11k) Net assets 100 ($6k)2024 Revenue 439 ($75k) Expenses 328 ($36k) Net assets 739 ($45k)2025 Revenue 2441 ($418k) Expenses 2625 ($289k) Net assets 2883 ($177k)
202320242025
Revenue (2441)Expenses (2625)Net assets (2883)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $50k to $180k (+261%).

$6k
$50k
$180k
202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
2025
ContributionsProgram revenueInvestmentOther

76% of Fiat Classical Academy Inc’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.

$6k
’23
$39k
’24
$129k
’25
6.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Paul Rousseau

Chairman

As listed on its FY2025 Form 990.

03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
'25*
total
funders
2
2

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 87% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Fiat Classical Academy Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Fiat Classical Academy Inc leans on a few funders — its largest provides 87% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

87% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Fiat Classical Academy Inc.

87%
largest funder
100%
top three
~1
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

87% of Fiat Classical Academy Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3k that is directly attributable, 100% of it comes from Indiana funders.

IN

Funder states come from each funder’s own filing. $17k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Fiat Classical Academy Inc runs a healthier operating margin than three-quarters of the 16,849 education nonprofits its size.

Operating margin31% · top quartile
Months of reserve6.9mo · above the median
Revenue growth (annualized)394% · outside the comparable range

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like Fiat Classical Academy Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

68% of spending goes to programs.

Program 68%Management 17%Fundraising 15%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for Fiat Classical Academy Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Fiat Classical Academy Inc?
Fiat Classical Academy Inc (Indiana) receives grants from 2 organizations whose IRS filings report $19,700 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($17,200). 2 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Fiat Classical Academy Inc have?
IRS filings report 2 organizations giving $19,700 in grants to Fiat Classical Academy Inc, 2 of which have funded it in more than one year.
Who is the largest funder of Fiat Classical Academy Inc?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $17,200 in grants. The full list of funders is on this page.
How can an organization like Fiat Classical Academy Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Fiat Classical Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing