Nonprofit · EIN 20-4543388
ROCKY MOUNTAIN CLASSICAL ACADEMY
Tax-exempt · COLORADO SPGS, CO 80922
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $19,787,578 | $18,697,882 | $1,089,696 | $13,200,914 | $15,834,736 | -$2,633,822 |
| June 30, 2024 | 990 | $19,249,224 | $18,705,211 | $544,013 | $12,892,042 | $16,615,560 | -$3,723,518 |
| June 30, 2023 | 990 | $15,980,740 | $16,262,547 | -$281,807 | $9,842,429 | $14,109,960 | -$4,267,531 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,579,532
- of which government grants
- $1,527,453
- Program service revenue
- $18,017,865
- Investment income
- $213,149
- Net income from fundraising events
- -$53,552
- Other revenue
- -$22,968
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $583,892
- Other salaries and wages
- $7,132,870
- Salaries, compensation and benefits (total)
- $11,132,865
- Professional fundraising fees
- $0
- Legal fees
- $131,930
- Accounting fees
- $189,672
- Occupancy
- $3,397,047
- Travel
- $119,323
- Depreciation
- $157,019
- Program services (functional)
- $14,653,736
- Management and general (functional)
- $4,044,146
Balance sheet and other
- Total assets, start of year
- $12,892,042
- Total assets, end of year
- $13,200,914
- Total liabilities, end of year
- $15,834,736
- Net assets, end of year
- -$2,633,822
- Land, buildings and equipment
- $3,618,198
- Net assets without donor restrictions
- -$3,200,072
- Net assets with donor restrictions
- $566,250
- Gross receipts
- $19,841,130
- Employees
- 203
- Volunteers
- 1,629
- Year formed
- 2005
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Chad Cullers | Assistant Principal Trustee or director | 40 | $121,935 | $29,143 |
| John Ballew | Facilities Director Trustee or director | 40 | $109,619 | $35,152 |
| Tam Smith | Executive Principal Trustee or director, Officer | 40 | $106,309 | $29,707 |
| Clay Traylor | Executive Principal Trustee or director, Officer | 40 | $67,060 | $21,275 |
| Molara Awosefaju | President Trustee or director, Officer | 4 | $0 | $0 |
| Scott Cathey | Vice President Trustee or director, Officer | 4 | $0 | $0 |
| Jamie Fischer | Treasurer Trustee or director, Officer | 4 | $0 | $0 |
| Beau Smith | Director Trustee or director | 4 | $0 | $0 |
| Randy Tyson | Secretary Trustee or director, Officer | 4 | $0 | $0 |
| Jade Baker | Director Trustee or director | 4 | $0 | $0 |
| Gina Starnes | Director Trustee or director | 4 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Cullen McDowell | Executive Principal (Former) Former | 40 | $141,279 | $22,147 |
| Chad Cullers | Interim ED & Business Manager Officer | 40 | $96,120 | $55,338 |
| Molara Awosefaju | President Trustee or director, Officer | 4 | $0 | $0 |
| Scott Cathey | Vice President Trustee or director, Officer | 4 | $0 | $0 |
| Jamie Fischer | Treasurer Trustee or director, Officer | 4 | $0 | $0 |
| Beau Smith | Director Trustee or director | 4 | $0 | $0 |
| Randy Tyson | Secretary Trustee or director, Officer | 4 | $0 | $0 |
| Jade Baker | Director Trustee or director | 4 | $0 | $0 |
| Gina Starnes | Director Trustee or director | 4 | $0 | $0 |
| Tam Smith | Executive Principal Officer | 40 | $0 | $0 |
| Clayton Traylor | Business Operations Manager Officer | 40 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Cullen McDowell | Executive Principal Officer | 40 | $132,781 | $25,263 |
| John E Ballew | Facilities Director Highest-paid employee | 40 | $120,049 | $25,400 |
| Scott Cathey | Director Trustee or director | 4 | $0 | $0 |
| Randi Tyson | Director Trustee or director | 4 | $0 | $0 |
| Molara Awosefaju | President Trustee or director, Officer | 4 | $0 | $0 |
| Krista Hamilton | Vice President Trustee or director, Officer | 4 | $0 | $0 |
| Evan Withrow | Director Trustee or director | 4 | $0 | $0 |
| Jamie Fischer | Treasurer Trustee or director, Officer | 4 | $0 | $0 |
| Gina Starnes | Director Trustee or director | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4620 ANTELOPE RIDGE DR, COLORADO SPGS, CO 80922-2497
- Principal officer (990 for 2024)
- Molara Awosefaju, 4620 Antelope Ridge Drive, Colorado Springs, CO 80922
- Signed the 990
- Molara Awosefaju, President
- Phone
- (716) 622-8000
- Website
- www.rmcacs.org
- Return prepared by
- Hoelting & Company Inc
Mission
See Schedule O
Program accomplishments
- Organized and operated exclusively for educational purposesExpenses $14,653,736 · revenue $18,048,449
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4543388
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $13,200,914
- Income (IRS master file)
- $19,841,130
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $19,787,578 | $18,697,882 | $13,200,914 | IRS |
| 990 | June 2024 | $19,249,224 | $18,705,211 | $12,892,042 | XML |
| 990 | June 2023 | $15,980,740 | $16,262,547 | $9,842,429 | XML |
| 990 | June 2022 | $14,423,421 | $10,640,535 | $9,190,107 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4543388).
Questions about ROCKY MOUNTAIN CLASSICAL ACADEMY
- What is the EIN of ROCKY MOUNTAIN CLASSICAL ACADEMY?
- The employer identification number (EIN) of ROCKY MOUNTAIN CLASSICAL ACADEMY is 20-4543388.
- Is ROCKY MOUNTAIN CLASSICAL ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to ROCKY MOUNTAIN CLASSICAL ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROCKY MOUNTAIN CLASSICAL ACADEMY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ROCKY MOUNTAIN CLASSICAL ACADEMY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROCKY MOUNTAIN CLASSICAL ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ROCKY MOUNTAIN CLASSICAL ACADEMY?
- The 990 for the year ended June 30, 2025 names Molara Awosefaju.
- Who are the officers and directors of ROCKY MOUNTAIN CLASSICAL ACADEMY?
- The 990 for the year ended June 30, 2025 lists 11 people; 4 received compensation from the organization, the highest $121,935 (Chad Cullers, Assistant Principal).
- How much revenue does ROCKY MOUNTAIN CLASSICAL ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $19,787,578, expenses of $18,697,882 and total assets of $13,200,914 at year end.
Other nonprofits in COLORADO SPGS
- COLORADO COLLEGE TH EIN 84-0402510 · last filed 990 for 2025
- CLASSICAL ACADEMY EIN 84-1349017 · last filed 990 for 2025
- ATLAS PREPARATORY SCHOOL INC EIN 26-2055229 · last filed 990 for 2025
- FOUNTAIN VALLEY SCHOOL OF COLORADO EIN 84-0423922 · last filed 990 for 2025
- UNITED STATES SPACE FOUNDATION EIN 31-1653556 · last filed 990 for 2025
- COMMUNITY PARTNERSHIP FOR CHILD DEVELOPMENT EIN 84-1071825 · last filed 990 for 2025
- BANNING LEWIS RANCH ACADEMY INC EIN 54-2193014 · last filed 990 for 2025
- CHEYENNE MOUNTAIN CHARTER ACADEMY EIN 84-1327061 · last filed 990 for 2025