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Nonprofit · EIN 87-3855677

AMERICAN CLASSICAL EDUCATION INC

Tax-exempt · DOVER, DE 19901

Financials

$1.5M$5.9M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN CLASSICAL EDUCATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990 (amended)$1,476,373$5,899,490-$4,423,117$32,841,032$40,692,435-$7,851,403
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$29,610
Investment income
$277,437
Net rental income
$1,169,326
Other revenue
$1,169,326

Expenses

Grants and similar amounts paid
$50,529
Compensation of officers, directors and key employees
$265,000
Other salaries and wages
$458,596
Salaries, compensation and benefits (total)
$845,385
Professional fundraising fees
$0
Legal fees
$258,508
Accounting fees
$40,674
Occupancy
$90,177
Travel
$65,339
Depreciation
$329,020
Program services (functional)
$5,324,438
Management and general (functional)
$575,052

Balance sheet and other

Total assets, start of year
$2,045,034
Total assets, end of year
$32,841,032
Total liabilities, end of year
$40,692,435
Net assets, end of year
-$7,851,403
Land, buildings and equipment
$25,823,738
Net assets without donor restrictions
-$7,851,403
Gross receipts
$1,476,373
Employees
13
Volunteers
8
Year formed
2021
State of legal domicile
DE

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
PATRICK WHALENEXECUTIVE DI
Officer
40$207,256$17,110
CHARLES CORBINDIR OF OPERA
Highest-paid employee
40$197,180$14,170
DOUG BANBURYTRUSTEE
Trustee or director
2$0$0
KEN COLETRUSTEE
Trustee or director
2$0$0
OSCAR ORTIZ DUARTETRUSTEE
Trustee or director
2$0$0
DONNA ECTONTRUSTEE
Trustee or director
2$0$0
TYLER HORNINGBOARD CHAIR
Trustee or director, Officer
2$0$0
KYLE MURNENTRUSTEE
Trustee or director
2$0$0
KATHLEEN O'TOOLETRUSTEE
Trustee or director
2$0$0
LUKE ROBINSONTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
8 THE GREEN 16802, DOVER, DE 19901-3618
In care of
% PATRICK FLANNERY
Mailing address (990-N for 2024)
8 THE GREEN 16802, DOVER DE 19901
Principal officer (990 for 2024)
PATRICK WHALEN, 8 THE GREEN 16802, DOVER, DE 19901
Principal officer (990-N for 2024)
TYLER HORNING, 8 THE GREEN 16802, DOVER DE 19901
Signed the 990
PATRICK WHALEN, EXECUTIVE DIRECTOR
Phone
(615) 775-8972
Return prepared by
ALTRUIC ADVISORS CPAS

Mission

ADVANCING CLASSICAL EDUCATION THAT ENCOURAGES THE FORMATION OF MORAL, INTELLECTUAL, AND CIVIC VIRTUE. PROVIDING SERVICES THAT COMPLEMENT THE PRIMARY AND SECONDARY CLASSICAL EDUCATION EFFORTS SUPPORTED AND GUIDED BY THE PRINCIPLES OF HILLSDALE COLLEGE.

990 for the year ended June 30, 2025

Program accomplishments

  • ACEF PROVIDES EDUCATION SUPPORT SERVICES TO SCHOOLS, SCHOOL FOUNDING EFFORTS, AND RELATED ORGANIZATIONS. THOSE SERVICES INCLUDE FOUNDING EFFORT STRATEGY AND MARKETING CONSULTING, LANDSCAPE ANALYSES, RESEARCH AND PLANNING, VENDOR SHOPPING, LEGAL SUPPORT, FINANCIAL SUPPORT, AND REAL STATE STRATEGY AND DEVELOPMENT.
    Expenses $5,324,438 · grants $50,529 · revenue $29,610

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file

IRS record

EIN
87-3855677
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,476,373$5,899,490$32,841,032IRS
990-N for 2024
Officer: TYLER HORNING
June 30, 2024≤ $50,000 receipts––e-Postcard
990-N for 2023
Officer: Tyler Horning
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: MICHAEL HARNER
December 31, 2022≤ $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 87-3855677).

Questions about AMERICAN CLASSICAL EDUCATION INC

What is the EIN of AMERICAN CLASSICAL EDUCATION INC?
The employer identification number (EIN) of AMERICAN CLASSICAL EDUCATION INC is 87-3855677.
Is AMERICAN CLASSICAL EDUCATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to AMERICAN CLASSICAL EDUCATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN CLASSICAL EDUCATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of AMERICAN CLASSICAL EDUCATION INC 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 AMERICAN CLASSICAL EDUCATION INC 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 AMERICAN CLASSICAL EDUCATION INC?
The 990 for the year ended June 30, 2025 names PATRICK WHALEN.
Who are the officers and directors of AMERICAN CLASSICAL EDUCATION INC?
The 990 for the year ended June 30, 2025 lists 10 people; 2 received compensation from the organization, the highest $207,256 (PATRICK WHALEN, EXECUTIVE DI).
How much revenue does AMERICAN CLASSICAL EDUCATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,476,373, expenses of $5,899,490 and total assets of $32,841,032 at year end.

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