True North Classical Academy
True North Classical Academy reported $33.2 million in revenue and $31.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $71.78 went to program services, $28.22 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.0% of the total. Government grants made up 6.2%. The highest compensation it reported for one person was $252,560 (EXECUTIVE DIRECTOR). 4 people received more than $100,000 in reportable compensation. Revenue rose 352% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $32MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $33MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 71.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 28.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 10.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 6.2% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 87.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $252,560 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.80% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 4 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThrough its tuition-free charter schools, True North Classical Academy, inc. Provided access to a high-quality classical education to more than 2,100 students in miami-dade county. Our blue ribbon awarded schools are amongst the highest performing public schools in florida
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $252,560 | $0 | $0 | $252,560 |
| CEO Officer, 40.00 hrs/week | $180,000 | $0 | $0 | $180,000 |
| DIRECTOR OF TEACH Highest compensated employee, 40.00 hrs/week | $168,685 | $0 | $0 | $168,685 |
| CFO Officer, 40.00 hrs/week | $159,211 | $0 | $0 | $159,211 |
4 people received more than $100,000 in reportable compensation from True North Classical Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $592K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aNo
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5374
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CHOOSE CLEAN CORP Cleaning | $391,870 |
| EAGLE GLOBE PROTECTIVE SERVICES INC Security | $239,764 |
| DYNAMIC NETWORK SOLUTIONS INC It support | $216,385 |
| BUILDING HOPE SERVICES LLC Back off support | $198,804 |
| TURIN CONSTRUCTION CORP Construction | $174,908 |
Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.
Private foundation grants it received
5 private foundations reported grants to True North Classical Academy totaling $307K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from True North Classical Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for True North Classical Academy, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 True North Classical Academy spent in FY2025, $71.78 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Moravian AcademyBethlehem, PA · revenue $33M · programs 84.8% · FY2025
- Air & Space Forces AssociationArlington, VA · revenue $33M · programs 82.1% · 2025
- Trinity Christian College AssociationPalos Heights, IL · revenue $33M · programs 88.9% · FY2025
- The Education TrustWashington, DC · revenue $33M · programs 93.6% · FY2025
- KIPP Enc Public SchoolsGaston, NC · revenue $33M · programs 65.1% · FY2025
Questions people ask
How much of True North Classical Academy's spending goes to programs?
In the fiscal year ending June 30, 2025, True North Classical Academy reported that 71.8% of its $31.7 million in expenses went to program services, 28.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does True North Classical Academy pay its top executive?
The largest total compensation True North Classical Academy reported for one person in the fiscal year ending June 30, 2025 was $252,560, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does True North Classical Academy get its money?
Of $33.2 million in revenue in the fiscal year ending June 30, 2025, 10.8% came from contributions and grants (including 6.2% from government grants) and 87.0% from program service revenue (Form 990, Part VIII).
Is True North Classical Academy a registered charity?
The IRS lists EIN 46-4566968 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202640409349300239 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520419349301827 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401229349301300 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331159349301688 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349309560 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121349349304527 · read the filing
All filings for EIN 46-4566968: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.