Seacoast Classical Academy Chartered Pub
Nonprofit profile at a glance
- EIN
- 921259153
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-N 2022
- Location
- Newton, NH, USA
- Phone
- 6036915429
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $3,086,842
- Expenses
- $2,555,423
- Assets
- $2,379,519
- Liabilities
- $562,188
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Highest reported compensation
- TIM GALITSKI (DIRECTOR): $125,154 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is providing academically excellent instruction and opportunities for creative exercise of learning to young scholars, while upholding family rights. We impart knowledge, and develop understanding through the examination and synthesis of that knowledge. Ultimately, we teach our scholars how to think critically, not what to think. We educate our scholars in traditions of moral and civic virtue, with a central and recurring emphasis on western and foundational american principles. We recognize and reinforce the parental role as the primary decision maker and moral authority in the life of the child.
Operating model
- Revenue model
- Grant-funded. 83% of the money available for current operations came from government grants.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
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: 48
- Transparency & Controls: 100
- Accountability: 84
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 50.3%; rating input score 50
- Program expense ratio: 60.8%; rating input score 61
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 17.2%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 0.93; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 4.9%; rating input score 54; 54th percentile among comparable filings
Growth
- Program expense growth: 187.8% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: 69.9% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 36.5% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 50.3% of revenue deployed · 60.8% of spending went to programs
- Governance: 8 of 8 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $125K · 10 people listed
- Highest-paid contractors: 1 contractor listed · $637K reported
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Mission deployment rate scored 50/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.
- Review — Sustainability: Officer compensation ratio scored 54/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.