Nonprofit · EIN 88-1453619
CLASSICALLY FORMED FOUNDATION
Tax-exempt · TULSA, OK 74153
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,825,884 | $2,006,823 | -$180,939 | $20,600,761 | $19,157,243 | $1,443,518 |
| June 30, 2024 | 990 | $1,740,629 | $1,614,441 | $126,188 | $20,983,962 | $19,359,505 | $1,624,457 |
| June 30, 2023 | 990 | $879,029 | $130,301 | $748,728 | $20,294,018 | $19,545,000 | $749,018 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $337,093
- Program service revenue
- $0
- Investment income
- $52,533
- Net rental income
- $1,468,725
- Net income from fundraising events
- -$35,136
- Tax-exempt bond proceeds
- $32,822
- Other revenue
- $1,436,258
Expenses
- Grants and similar amounts paid
- $110,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $3,500
- Travel
- $640
- Depreciation
- $377,669
- Program services (functional)
- $1,971,733
- Management and general (functional)
- $31,590
- Fundraising (functional)
- $3,500
Balance sheet and other
- Total assets, start of year
- $20,983,962
- Total assets, end of year
- $20,600,761
- Total liabilities, end of year
- $19,157,243
- Net assets, end of year
- $1,443,518
- Land, buildings and equipment
- $19,499,214
- Net assets without donor restrictions
- $1,380,953
- Net assets with donor restrictions
- $62,565
- Gross receipts
- $1,884,977
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2022
- State of legal domicile
- OK
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 |
|---|---|---|---|
| BRIAN BEAM | DIRECTOR Trustee or director | 2.5 | $0 |
| CHRIS GEORGE | DIRECTOR Trustee or director | 0.6 | $0 |
| JULIE JAMES | SECRETARY Trustee or director, Officer | 4 | $0 |
| BELINDA JORDAN | DIRECTOR Trustee or director | 0.6 | $0 |
| JACK LEE | DIRECTOR Trustee or director | 0.6 | $0 |
| NATHAN PHELPS | PRESIDENT Trustee or director, Officer | 6.5 | $0 |
| J DAVID VEITCH | DIRECTOR Trustee or director | 0.6 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brian Beam | Director Trustee or director | 2 | $0 |
| Chris George | Director Trustee or director | 0.5 | $0 |
| Julie James | Secretary Trustee or director, Officer | 3 | $0 |
| Belinda Jordan | Director Trustee or director | 0.5 | $0 |
| Jack Lee | Director Trustee or director | 0.5 | $0 |
| Nathan Phelps | President Trustee or director, Officer | 5 | $0 |
| J David Veitch | Director Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NATHAN PHELPS | PRESIDENT Trustee or director | 4 | $0 |
| JULIE JAMES | SECRETARY Trustee or director | 1 | $0 |
| BRIAN BEAM | MEMBER Trustee or director | 1 | $0 |
| CHRIS GEORGE | MEMBER Trustee or director | 1 | $0 |
| BELINDA JORDAN | MEMBER Trustee or director | 1 | $0 |
| JACK LEE | MEMBER Trustee or director | 1 | $0 |
| J DAVID VEITCH | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 35772, TULSA, OK 74153-0772
- Principal officer (990 for 2024)
- NATHAN PHELPS, PO BOX 35772, TULSA, OK 74153
- Signed the 990
- NATHAN PHELPS, PRESIDENT
- Phone
- (918) 346-6730
- Return prepared by
- MORSE & CO PLLC
Mission
SEE SCHEDULE O
Program accomplishments
- CLASSICALLY FORMED FOUNDATION, INC. IS A TYPE I SUPPORTING ORGANIZATION DEDICATED TO FORMING A NETWORK OF K-12 CLASSICAL CHARTER SCHOOLS THROUGHOUT THE STATE OF OKLAHOMA. CONSISTENT WITH THE OKLAHOMA CHARTER SCHOOL ACT, THESE SCHOOLS EMPLOY DIFFERENT AND INNOVATIVE TEACHING METHODS, OFFER INCREASED LEARNING OPPORTUNITIES, AND IMPROVE STUDENT LEARNING ACROSS DISCIPLINES.Expenses $1,971,733 · grants $110,000
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
- 88-1453619
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $20,600,761
- Income (IRS master file)
- $1,884,977
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,825,884 | $2,006,823 | $20,600,761 | IRS |
| 990 | June 2024 | $1,740,629 | $1,614,441 | $20,983,962 | XML |
| 990 | June 2023 | $879,029 | $130,301 | $20,294,018 | XML |
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 88-1453619).
Questions about CLASSICALLY FORMED FOUNDATION
- What is the EIN of CLASSICALLY FORMED FOUNDATION?
- The employer identification number (EIN) of CLASSICALLY FORMED FOUNDATION is 88-1453619.
- Is CLASSICALLY FORMED FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to CLASSICALLY FORMED FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does CLASSICALLY FORMED FOUNDATION 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 CLASSICALLY FORMED FOUNDATION 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 CLASSICALLY FORMED FOUNDATION 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 CLASSICALLY FORMED FOUNDATION?
- The 990 for the year ended June 30, 2025 names NATHAN PHELPS.
- Who are the officers and directors of CLASSICALLY FORMED FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does CLASSICALLY FORMED FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,825,884, expenses of $2,006,823 and total assets of $20,600,761 at year end.
Other nonprofits in TULSA
- UNIVERSITY OF TULSA EIN 73-0579298 · last filed 990 for 2025
- ORAL ROBERTS UNIVERSITY EIN 73-0739626 · last filed 990 for 2025
- TULSA CHRISTIAN EDUCATION CORPORATION EIN 73-1314051 · last filed 990 for 2025
- OSTEOPATHIC MEDICAL EDUCATION CONSORTIUM OF OKLAHOMA INC EIN 45-2525815 · last filed 990 for 2025
- COMMUNITY HIGHERED INSTITUTE EIN 47-2654761 · last filed 990 for 2025
- TULSA HONOR ACADEMY EIN 46-4832167 · last filed 990 for 2025
- RIVERFIELD COUNTRY DAY SCHOOL EIN 73-1218962 · last filed 990 for 2025
- PHILLIPS THEOLOGICAL SEMINARY CORPORATION EIN 73-1303821 · last filed 990 for 2025