North Carolina · Nonprofit
THE NEW CLASSICAL ACADEMY INC
THE NEW CLASSICAL ACADEMY INC (North Carolina) receives grants from 3 organizations whose IRS filings report $21,140 to it, the largest being FOUNDATION FOR THE CAROLINAS ($10,000). 2 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $788k
- Funders on record
- 3
- Grants received
- $21k
- Net assets
- $166k
What The New Classical Academy Inc does
Mission
Private school serving grades k-8
As stated on its FY2025 Form 990.
Programs
The school operates on a standard 5 day a week schedule monday through friday from 9 am to 3 pm; students in our traditional program will attend all week. In addition we will offer a distance learning program and a home school enrichment program. Traditional program: for parents who prefer a traditional five day a week schedule, we are here to meet that need. However, fridays will always be optional. For parents who need downtime in in their lives, would like to go on family vacations or perhaps just schedule a doctor's visit, rest assured that that on any friday your family can take the time you need for yourselves distance learning program: your child is enrolled as a private school student and attends school half of the time. We have options for monday, tuesday and friday or wednesday, thursday and friday. Again, keep in mind that fridays are always optional. For the other two days, the student will complete their assigned lessons at home. Once in middle school, this program assumes a high level of academic work and individual responsibility. After one year enrolled in this program in middle school, students must maintain a 3.0 gpa. Home school enrichment program: the third…
$788,559 spent$779,958 earned by the program100% of program spendingSee statement
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $788,559.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $142k to $644k (+352%).
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.
1% of THE NEW CLASSICAL ACADEMY INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
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.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income fell $10k → $253.
2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 53% 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 THE NEW 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
THE NEW CLASSICAL ACADEMY INC leans on a few funders — its largest provides 47% of grant income and the top three 100%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
53% 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 THE NEW CLASSICAL ACADEMY INC.
Largest funder’s share by year: 2017 100% · 2020 100% · 2021 93% · 2022 95% · 2023 100% — broadly stable.
“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
53% of THE NEW 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 $10k that is directly attributable, 100% of it comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $11k arriving through sponsors registered in 2 states 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.
Against its field
THE NEW CLASSICAL ACADEMY INC has grown faster than half of the 16,849 education nonprofits its size.
this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025
Organizations like THE NEW 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 North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for THE NEW 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.
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 THE NEW CLASSICAL ACADEMY INC?
- THE NEW CLASSICAL ACADEMY INC (North Carolina) receives grants from 3 organizations whose IRS filings report $21,140 to it, the largest being FOUNDATION FOR THE CAROLINAS ($10,000). 2 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE NEW CLASSICAL ACADEMY INC have?
- IRS filings report 3 organizations giving $21,140 in grants to THE NEW CLASSICAL ACADEMY INC, 2 of which have funded it in more than one year.
- Who is the largest funder of THE NEW CLASSICAL ACADEMY INC?
- FOUNDATION FOR THE CAROLINAS is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
- How can an organization like THE NEW CLASSICAL ACADEMY INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. 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 New 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 2017–2025), and the filings of 3 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