2026-03-05T09:37:36-06:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2024-07-01 920378427 AMERICAN CLASSICAL SCHOOLS OF IDAHO INC AMER 2087794088 500 SW 3RD STREET FRUITLAND ID 83619 STACY SAYLOR TREASURER 2087794088 2026-03-02 1 1 KURT BENNION CPA P01469618 4252506100 2026-03-02 2024 2025-03-06 01:10:19Z STEPHEN LAMBERT 500 SW 3RD STREET FRUITLAND ID 83619 1379283 0 X HTTPS://ACS-ID.ORG/ X 2022 ID OUR MISSION IS TO TRAIN THE MINDS AND IMPROVE THE HEARTS OF STUDENTS THROUGH A CLASSICAL, CONTENT-RICH CURRICULUM THAT EMPHASIZES VIRTUOUS LIVING, TRADITIONAL LEARNING, AND CIVIC RESPONSIBILITY. 3 3 0 5 0 0 564755 1331570 0 0 7807 24695 0 23018 572562 1379283 0 0 0 0 317573 876006 0 0 88325 254989 105525 572562 981531 0 397752 771317 1914102 771317 699540 0 1214562 OUR MISSION IS TO TRAIN THE MINDS AND IMPROVE THE HEARTS OF STUDENTS THROUGH A CLASSICAL, CONTENT-RICH CURRICULUM THAT EMPHASIZES VIRTUOUS LIVING, TRADITIONAL LEARNING, AND CIVIC RESPONSIBILITY. 0 0 814258 0 0 OUR MISSION IS TO TRAIN THE MINDS AND IMPROVE THE HEARTS OF STUDENTS THROUGH A CLASSICAL, CONTENT-RICH CURRICULUM THAT EMPHASIZES VIRTUOUS LIVING, TRADITIONAL LEARNING, AND CIVIC RESPONSIBILITY. ACSI PROVIDED MANAGEMENT AND OPERATIONAL SUPPORT TO ONE EXISTING PUBLIC CHARTER SCHOOL AND THREE DEVELOPMENT-STAGE PUBLIC CHARTER SCHOOLS. 814258 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 ID X MARC CARIGNAN 2087794088 702 W IDAHO ST STE 600 BOISE ID 83702 X MARVIN LASNICK CHAIR 2.00 X X 0 0 0 JOHN BASSETTI SECRETARY 2.00 X X 0 0 0 STACY SAYLOR TREASURER 2.00 X X 0 0 0 RUTH DAVID DIRECTOR (THRU 3/25) 2.00 X 0 0 0 SAGE DIXON DIRECTOR 2.00 X 0 0 0 KATHRYN FRENCH CHIEF OPERATING OFFICER 40.00 X 0 140461 15993 STEPHEN LAMBERT CEO 40.00 X 0 142500 19255 0 282961 35248 0 0 1 0 0 1331570 1331570 24695 24695 SCHOOL REIMBURSEMENTS 611600 23018 23018 23018 1379283 0 0 47713 334202 289392 20505 24305 328073 281188 46885 37675 31590 6085 54373 48727 492 5154 121683 102276 19407 26853 26853 1283 1283 56546 55592 954 5545 5545 4727 4376 351 10571 5493 5078 981531 814258 78948 88325 151423 144685 619894 775859 284544 0 709014 771317 1914102 90496 699540 680821 771317 699540 X 0 530024 0 684538 0 1214562 771317 1914102 397752 816810 0 X X 0 1 X 1 0 X X X 4 IDAHO NOVUS CLASSICAL ACADEMY 852324235 2 0 413785 0 TREASURE VALLEY CLASSICAL ACADEMY 817420145 2 1 965498 0 NORTH IDAHO CLASSICAL ACADEMY 923219383 2 0 0 0 VALOR CLASSICAL ACADEMY 331619481 2 0 0 0 4 1379283 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION A, LINE 1: THIS CORPORATION IS DESIGNED TO SUPPORT, SUSTAIN AND GROW THE TREASURE VALLEY CLASSICAL ACADEMY AND OTHER PUBLIC CHARTER SCHOOLS THROUGH CHARTER APPLICATION AND MANAGEMENT SUPPORT, FUNDRAISING EFFORTS AND MANAGEMENT OF GRANTS ISSUED FOR THE BENEFIT OF THE RESPECTIVE SCHOOLS. THE SUPPORTED ORGANIZATIONS THAT ARE NOT NAMED IN THE GOVERNING DOCUMENTS EACH FALL WITHIN THE SUPPORTED CLASS "OTHER PUBLIC CHARTER SCHOOLS" THAT IS IDENTIFIED IN THE GOVERNING DOCUMENTS. PART IV, SECTION D, LINE 3: TREASURE VALLEY CLASSICAL ACADEMY HAS TWO BOARD MEMBERS WHO ALSO SERVE ON THE BOARD OF AMERICAN CLASSICAL SCHOOLS OF IDAHO. ACSI'S GOVERNING BOARD IS IDENTICAL TO THE GOVERNING BOARD'S OF IDAHO NOVUS CLASSICAL ACADEMY, NORTH IDAHO CLASSICAL ACADEMY AND VALOR CLASSICAL ACADEMY. THROUGH THIS BOARD OVERLAP EACH SUPPORTED ORGANIZATION HAS A SIGNIFICANT VOICE IN THE ORGANIZATION'S INVESTMENT POLICIES AND IN DIRECTING THE USE OF THE ORGANIZATION'S INCOME AND ASSETS. PART IV, SECTION E, LINE 2A: ACSI IS FOUNDED TO SUPPORT THE STARTUP, GROWTH, AND FLOURISHING OF HILLSDALE COLLEGE K-12 MEMBER SCHOOLS THROUGHOUT IDAHO AND IS CURRENTLY SUPPORTING TREASURE VALLEY CLASSICAL ACADEMY, IDAHO NOVUS CLASSICAL ACADEMY, NORTH IDAHO CLASSICAL ACADEMY AND VALOR CLASSICAL ACADEMY. ACSI BASES ITS SUPPORT ON THE INDIVIDUAL SCHOOL'S CONTINUED SUPPORT OF ACSI'S MISSION AND VISION. SO, WHILE EACH SCHOOL'S DAY-TO-DAY OPERATIONS ARE DIRECTED BY AN ON-SITE ADMINISTRATIVE TEAM, THE ACSI BOARD CLOSELY MONITORS THOSE ACTIVITIES TO ENSURE THAT THEY MEET ACSI'S GOALS. PART IV, SECTION E, LINE 2B: ACSI IS FOUNDED TO SUPPORT STARTUP, GROWTH, AND FLOURISHING OF HILLSDALE COLLEGE K-12 MEMBER SCHOOLS THROUGHOUT IDAHO AND IS CURRENTLY SUPPORTING TREASURE VALLEY CLASSICAL ACADEMY AND OTHER RELATED CHARTER SCHOOLS IN MEETING THE MISSION AND VISION OF ACSI. ACSI BASES ITS SUPPORT ON THE INDIVIDUAL SCHOOL'S CONTINUED SUPPORT OF ACSI'S MISSION AND VISION. SO, WHILE EACH SCHOOL'S DAY-TO-DAY OPERATIONS ARE DIRECTED BY AN ON-SITE ADMINISTRATIVE TEAM, THE ACSI BOARD CLOSELY MONITORS THOSE ACTIVITIES TO ENSURE THAT THEY MEET ACSI'S GOALS. ACSI WILL ALSO ASSIST IN PROVIDING TRAINING, MANAGEMENT SUPPORT AND OTHER RESOURCES TO HELP THE PUBLIC CHARTER SCHOOLS OPERATE MORE EFFICIENTLY AND EFFECTIVELY. PART I, LINE 12G: THIS CORPORATION IS DESIGNED TO SUPPORT, SUSTAIN AND GROW THE TREASURE VALLEY CLASSICAL ACADEMY AND OTHER PUBLIC CHARTER SCHOOLS THROUGH CHARTER APPLICATION AND MANAGEMENT SUPPORT, FUNDRAISING EFFORTS AND MANAGEMENT OF GRANTS ISSUED FOR THE BENEFIT OF THE RESPECTIVE SCHOOLS. THE SUPPORTED ORGANIZATIONS THAT ARE NOT NAMED IN THE GOVERNING DOCUMENTS EACH FALL WITHIN THE SUPPORTED CLASS "OTHER PUBLIC CHARTER SCHOOLS" THAT IS IDENTIFIED IN THE GOVERNING DOCUMENTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 RELATED PARTY RECEIVABLE 709014 709014 X 1379283 0 1379283 0 1379283 981531 0 981531 0 981531 PART X, LINE 2: AMERICAN CLASSICAL SCHOOLS OF IDAHO IS ORGANIZED AS AN IDAHO NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC SECTION 501(A) AS ORGANIZATIONS DESCRIBED IN INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3), QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER IRC SECTION 170(B)(1)(A)(VIII), AND HAS BEEN DETERMINED NOT TO BE PRIVATE FOUNDATIONS UNDER IRC SECTION 509(A)(3). ACSI IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. A FORM 990 WAS SUBMITTED FOR THE YEAR ENDED JUNE 30, 2024. IN ADDITION, ACSI IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. ACSI HAS DETERMINED THAT THE ENTITY IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. 0 0 0 0 0 0 0 0 0 STEPHEN LAMBERT CEO 0 142500 0 0 0 0 0 18656 0 599 0 161755 0 0 KATHRYN FRENCH CHIEF OPERATING OFFICER 0 130461 0 10000 0 0 0 7000 0 8993 0 156454 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR IS COMPENSATED BY TREASURE VALLEY CLASSICAL ACADEMY AND COO IS COMPENSATED BY BLUUM, INC., AN UNRELATED ORGANIZATION FORM 990, PART VI, SECTION A, LINE 3 AMERICAN CLASSICAL SCHOOLS OF IDAHO CONTRACTED WITH TREASURE VALLEY CLASSICAL ACADEMY TO PROVIDE EXECUTIVE MANAGEMENT SERVICES FOR THE YEAR ENDED 6/30/2025. STEPHEN LAMBERT WAS PAID $145,000.00 FOR THE YEAR ENDED 6/30/2025 FOR HIS SERVICES AS EXECUTIVE DIRECTOR OF AMERICAN CLASSICAL SCHOOLS OF IDAHO. AMERICAN CLASSICAL SCHOOLS OF IDAHO CONTRACTED WITH BLUUM FOR OTHER EXECUTIVE SERVICES AND KATHRYN FRENCH WAS PAID $130,000.00 FOR HER SERVICES AS COO FOR THE YEAR ENDED 6/30/2025. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD TREASURER AND THE SCHOOL'S ACCOUNTANT CAREFULLY REVIEWED THE DRAFT 990 FOR ACCURACY AND COMPLETENESS. A DRAFT WAS SUBMITTED TO EACH BOARD MEMBER SEVERAL DAYS BEFORE FILING FOR THEIR REVIEW AND COMMENT. BOARD MEMBER COMMENTS WERE REVIEWED AND, IF APPROPRIATE, INCORPORATED INTO THE 990. IF NO COMMENTS WERE RECEIVED BY THE DEADLINE FOR COMMENTING, THE BOARD TREASURER APPROVED THE ELECTRONIC FILING OF THE FORM 990 AS DRAFTED. FORM 990, PART VI, SECTION B, LINE 12C ALL ACCOUNTING TRANSACTIONS ARE REVIEWED BY THE EXECUTIVE DIRECTOR, THE BOARD TREASURER AND THE ACCOUNTANT TO ENSURE THAT NO TRANSACTIONS EXIST THAT CREATE CONFLICTS OF INTEREST. IF A TRANSACTION IS DETECTED THAT APPEARS TO RESULT IN A CONFLICT OF INTEREST, THE BOARD OF DIRECTORS IS NOTIFIED. FORM 990, PART VI, SECTION C, LINE 19 ACSI BYLAWS AND FINANCIALS POLICIES & PROCEDURES ARE AVAILABLE ON THE ACSI WEBSITE. THE BYLAWS INCLUDE THE CONFLICT OF INTEREST POLICY. FINANCIAL STATEMENTS WILL ALSO BE PUBLISHED ON THE WEBSITE. FORM 990, PART VII, SECTION A, LINE 1A PER IRS GUIDANCE, EVERY RELATED ORGANIZATION HAS TO REPORT A PERSON'S TOTAL COMPENSATION, REGARDLESS OF WHO PAYS IT. THE COMPENSATION LISTED REFLECTS WHAT THE CEO AND COO ARE PAID THROUGH TREASURE VALLEY CLASSICAL ACADEMY AND BLUUM, RESPECTIVELY. THIS IS NOT ADDITIONAL COMPENSATION. FORM 990, PART XII, LINE 2C: THE ACSI FINANCE COMMITEE WAS RESPONSIBLE FOR THE SELECTION OF THE FINANCIAL STATEMENT AUDITOR AND FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT. THE AUDIT WAS CONDUCTED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM IN ACCORDANCE WITH GENERALLY ACCEPTED AUDITING STANDARDS. TREASURE VALLEY CLASSICAL ACADEMY 500 SW 3RD ST FRUITLAND ID 836192506 817420145 PUBLIC EDUCATION ID 501(C)(3) LINE 2 N/A 0 IDAHO NOVUS CLASSICAL ACADEMY 19255 N MCLEOD WY BOISE ID 83714 852324235 PUBLIC EDUCATION ID 501(C)(3) LINE 2 N/A 0 NORTH IDAHO CLASSICAL ACADEMY LLC PO BOX 734 BONNERS FERRY ID 83805 923219383 PUBLIC EDUCATION ID 501(C)(3) LINE 2 N/A 0 VALOR CLASSICAL ACADEMY LLC PO BOX 20 KUNA ID 83634 331619481 PUBLIC EDUCATION ID 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0