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Nonprofit · EIN 86-3946901

CAPSTONE CLASSICAL ACADEMY

Tax-exempt · FARGO, ND 58104

Financials

$16.9M$3M2023$4.7M$5.5M2024
Revenue Expenses · by fiscal year end
Financials of CAPSTONE CLASSICAL ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,669,344$5,456,187-$786,843$76,445,340$24,724,268$51,721,072
June 30, 2024990$16,947,946$3,035,683$13,912,263$63,085,484$10,577,769$52,507,715
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,157,355
Program service revenue
$2,423,645
Investment income
$87,819
Net rental income
$525
Other revenue
$525

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$211,120
Other salaries and wages
$2,173,012
Salaries, compensation and benefits (total)
$2,860,031
Professional fundraising fees
$0
Legal fees
$19,740
Accounting fees
$39,270
Occupancy
$314,453
Depreciation
$17,047
Program services (functional)
$3,246,689
Management and general (functional)
$2,122,279
Fundraising (functional)
$87,219

Balance sheet and other

Total assets, start of year
$63,085,683
Total assets, end of year
$76,445,340
Total liabilities, end of year
$24,724,268
Net assets, end of year
$51,721,072
Land, buildings and equipment
$48,531,202
Net assets without donor restrictions
-$786,844
Net assets with donor restrictions
$52,507,915
Gross receipts
$4,669,344
Employees
67
Year formed
2021
State of legal domicile
ND

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 / weekCompensation
Paul FisherHeadmaster
Officer
40$145,238
Charlie CobbDirector of Finance
Officer
3$34,525
Carrie EhrmantruatDirector of Finance
Officer
30$31,437
Terinne BergSecretary
Trustee or director, Officer
3$0
Ronald RobsonPresident
Trustee or director, Officer
6$0
Larry NygardTreasurer
Trustee or director, Officer
3$0
Luke RobsonDirector
Trustee or director
3$0
Rachelle LeeDirector
Trustee or director
3$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensationOther / benefits
Paul FisherHeadmaster
Officer
40$145,000$7,455
Charles CobbDirector of Finance
Officer
30$75,000$0
Ronald RobsonPresident
Trustee or director, Officer
6$0$0
Terinne BergSecretary
Trustee or director, Officer
3$0$0
Larry NygardTreasurer
Trustee or director, Officer
6$0$0
Luke RobsonDirector
Trustee or director
3$0$0
Rachelle LeeDirector
Trustee or director
3$0$0

Address and contacts

Address (IRS master file)
6597 43RD ST S, FARGO, ND 58104-5796
Mailing address (990-N for 2020)
3910 25TH STREET S, FARGO ND 58104
Principal officer (990 for 2024)
Ronald Robson
Principal officer (990-N for 2020)
RONALD ROBSON, 3910 25TH STREET S, FARGO ND 58104
Signed the 990
Ronald Robson, President
Phone
(701) 205-6381

Mission

Capstone Classical Academy engages students to acquire wisdom, cultivate virtue, and pursue rigorous academic study with a Christian worldview. Our students will study what is Good, what is True, and what is Beautiful for the purposes of Glorifying God and benefiting their community.

990 for the year ended June 30, 2025

Program accomplishments

  • The Capstone Classical Academy (Academy) enrolled 232 students in its academic programs.
    Expenses $2,915,126 · revenue $2,356,277

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
86-3946901
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 (B20)
Assets (IRS master file)
$76,445,340
Income (IRS master file)
$4,669,344

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$25,778,903$2,438,742$39,555,258IRS
990June 2022$1,951,040$403,134$1,982,939IRS
990-N for 2020
Officer: RONALD ROBSON
June 30, 2021≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about CAPSTONE CLASSICAL ACADEMY

What is the EIN of CAPSTONE CLASSICAL ACADEMY?
The employer identification number (EIN) of CAPSTONE CLASSICAL ACADEMY is 86-3946901.
Is CAPSTONE CLASSICAL ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to CAPSTONE CLASSICAL ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CAPSTONE 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 CAPSTONE 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 CAPSTONE 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 CAPSTONE CLASSICAL ACADEMY?
The 990 for the year ended June 30, 2025 names Ronald Robson.
Who are the officers and directors of CAPSTONE CLASSICAL ACADEMY?
The 990 for the year ended June 30, 2025 lists 8 people; 3 received compensation from the organization, the highest $145,238 (Paul Fisher, Headmaster).
How much revenue does CAPSTONE CLASSICAL ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,669,344, expenses of $5,456,187 and total assets of $76,445,340 at year end.

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