Abilene Classical Academy
Nonprofit profile at a glance
- EIN
- 853681114
- IRS 990 coverage
- 2021–2025
- Forms available
- Form 990 2025, Form 990-N 2020
- Location
- Abilene, TX, USA
- Phone
- 3256714220
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $1,015,560
- Expenses
- $811,121
- Assets
- $545,077
- Liabilities
- $47,506
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Highest reported compensation
- Jackson Boen (Board member & Headmaster): $163,320 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Education of Children from pre-school through 10th grade
What it reported doing in 2025
Children's Education
Operating model
- Revenue model
- Earned-program. 76% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 70
- Accountability: 84
- Sustainability: 49
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 54.8%; rating input score 55
- Program expense ratio: 69.6%; rating input score 70
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 87.5%; rating input score 88; 24th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 20.1%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.67; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 20.1%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 30.6% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 35.1% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 37.5% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 54.8% of revenue deployed · 69.6% of spending went to programs
- Governance: 7 of 8 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $564K in reported program spending
- Leadership: top reported pay $163K · 8 people listed · 1 of 6 pay-setting controls reported
- Consistency: 31 of 31 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- High — Sustainability: Officer compensation ratio scored 16/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.