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Nonprofit · EIN 85-3234235

IDAHO NOVUS CLASSICAL ACADEMY

Tax-exempt · BOISE, ID 83714

Financials

$3.4M$667K2023$4.3M$3.8M2024
Revenue Expenses · by fiscal year end
Financials of IDAHO NOVUS CLASSICAL ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,281,903$3,763,311$518,592$14,423,249$11,121,074$3,302,175
June 30, 2024990$3,446,273$666,601$2,779,672$11,880,267$9,096,684$2,783,583
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,264,520
of which government grants
$2,733,591
Program service revenue
$0
Investment income
$17,383
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$231,500
Other salaries and wages
$1,793,357
Salaries, compensation and benefits (total)
$2,621,693
Professional fundraising fees
$0
Legal fees
$1,803
Accounting fees
$10,900
Occupancy
$115,537
Depreciation
$278,250
Program services (functional)
$3,414,872
Management and general (functional)
$348,439

Balance sheet and other

Total assets, start of year
$11,880,267
Total assets, end of year
$14,423,249
Total liabilities, end of year
$11,121,074
Net assets, end of year
$3,302,175
Land, buildings and equipment
$13,356,022
Net assets without donor restrictions
$3,302,175
Gross receipts
$4,281,903
Employees
43
Volunteers
4
Year formed
2020
State of legal domicile
ID

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.

NameTitleHours / weekCompensationOther / benefits
Vincent KaneHead of School
Officer
40$55,167$7,219
Bruce SimsAsst. Principal
Officer
40$41,250$5,398
Marv LasnickBoard Chair
Trustee or director, Officer
1$0$0
Stacy SaylorTreasurer
Trustee or director, Officer
1$0$0
John BassettiSecretary
Trustee or director, Officer
1$0$0
Sage DixonBoard Member
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
Marv LasnickBoard Chair
Trustee or director, Officer
1$0
Ruth DavidVice Chair
Trustee or director, Officer
1$0
Stacy SaylorTreasurer
Trustee or director, Officer
1$0
John BassettiSecretary
Trustee or director, Officer
1$0
Sage DixonBoard Member
Trustee or director
1$0
Vincent KaneHead of School
Officer
40$0
Bruce SimsAsst. Principal
Officer
40$0

Address and contacts

Address (IRS master file)
19255 N MCLEOD WAY, BOISE, ID 83714-1827
In care of
% RUTH DAVID
Mailing address (990-N for 2021)
PO Box 921, Eagle ID 83616
Principal officer (990 for 2024)
Marv Lasnick, PO Box 921, Eagle, ID 83616
Principal officer (990-N for 2021)
Ruth David, 2396 E Garber Dr, Meridian ID 83646
Signed the 990
Marv Lasnick, Board Chair
Phone
(208) 391-9867
Return prepared by
QUEST CPAS PLLC

Mission

Public Education.

990 for the year ended June 30, 2025

Program accomplishments

  • The school is an independent state-funded public charter school governed under Title 33, Chapter 52 of Idaho Code. It provides innovative educational curricula within the public school system but independent from the traditional structure. Virtually all revenues and expenses relate to this single program service.
    Expenses $3,414,872

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
85-3234235
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
2022
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$14,423,249
Income (IRS master file)
$4,281,903

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,281,903$3,763,311$14,423,249XML
990June 2024$3,446,273$666,601$11,880,267XML
990June 2023–––IRS
990-N for 2021
Officer: Ruth David
July 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Ruth David
July 31, 2021≤ $50,000 receipts––e-Postcard

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 85-3234235).

Questions about IDAHO NOVUS CLASSICAL ACADEMY

What is the EIN of IDAHO NOVUS CLASSICAL ACADEMY?
The employer identification number (EIN) of IDAHO NOVUS CLASSICAL ACADEMY is 85-3234235.
Is IDAHO NOVUS CLASSICAL ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to IDAHO NOVUS CLASSICAL ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IDAHO NOVUS 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 IDAHO NOVUS 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 IDAHO NOVUS 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 IDAHO NOVUS CLASSICAL ACADEMY?
The 990 for the year ended June 30, 2025 names Marv Lasnick.
Who are the officers and directors of IDAHO NOVUS CLASSICAL ACADEMY?
The 990 for the year ended June 30, 2025 lists 6 people; 2 received compensation from the organization, the highest $55,167 (Vincent Kane, Head of School).
How much revenue does IDAHO NOVUS CLASSICAL ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,281,903, expenses of $3,763,311 and total assets of $14,423,249 at year end.

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