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Nonprofit · EIN 81-2700759

INDEPENDENCE CLASSICAL ACADEMY INC

Tax-exempt · FORT PIERCE, FL 34981

Financials

$4M$3.9M2022$4.9M$4.4M2023$6.4M$7M2024
Revenue Expenses · by fiscal year end
Financials of INDEPENDENCE CLASSICAL ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,411,254$6,987,794-$576,540$15,316,332$15,280,569$35,763
June 30, 2024990$4,926,179$4,401,495$524,684$17,252,069$16,645,377$606,692
June 30, 2023990$3,983,027$3,875,735$107,292$11,074,228$10,992,220$82,008
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$6,156,782
Investment income
$0
Other revenue
$254,472

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$258,423
Salaries, compensation and benefits (total)
$258,423
Professional fundraising fees
$0
Depreciation
$378,802
Program services (functional)
$5,863,897
Management and general (functional)
$1,123,897

Balance sheet and other

Total assets, start of year
$17,252,069
Total assets, end of year
$15,316,332
Total liabilities, end of year
$15,280,569
Net assets, end of year
$35,763
Land, buildings and equipment
$12,512,789
Gross receipts
$6,411,254
Employees
97
Volunteers
50
Year formed
2020
State of legal domicile
FL

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
SANDY HOWARDEXECUTIVE DIRECTOR
Key employee
70$253,581
CLAY BECTONCHAIR
Trustee or director, Officer
2$0
CARLO FRADE JRVICE CHAIR
Trustee or director, Officer
2$0
JASON REVELSSECRETARY
Trustee or director, Officer
1$0
MARCIA CULLYDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
SANDY HOWARDEXECUTIVE DIRECTOR
Key employee
40$245,000
CLAY BECTONBOARD CHAIR
Trustee or director, Officer
1$0
CARLO FRADE JRVICE CHAIR
Trustee or director, Officer
1$0
CATHY TOWNSENDFOUNDER/MEMBER
Trustee or director
1$0
JASON REVELSSECRETARY
Trustee or director, Officer
1$0
LANCE POOLETREASURER
Trustee or director, Officer
1$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
SANDY HOWARDEXECUTIVE DIRECTOR
Key employee
40$152,931
CLAY BECTONBOARD CHAIR
Trustee or director, Officer
1$0
CARLO FRADE JRVICE CHAIR
Trustee or director, Officer
1$0
CATHY TOWNSENDFOUNDER/MEMBER
Trustee or director
1$0
JASON REVELSSECRETARY
Trustee or director, Officer
1$0
LANCE POOLETREASURER
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
2902 S JENKINS RD, FORT PIERCE, FL 34981-4427
Principal officer (990 for 2024)
CLAY BECTON, 2902 S JENKINS ROAD, FORT PIERCE, FL 34981
Signed the 990
CLAY BECTON, PRESIDENT
Phone
(772) 837-9300
Return prepared by
VERDEJA & ALVAREZ LLP

Mission

INDEPENDENCE CLASSICAL ACADEMY EXISTS TO PROVIDE A DISCIPLINED AND HIGHLY ENGAGING LEARNING ENVIRONMENT RICH IN SCHOLARSHIP, CHARACTER BUILDING, CITIZENSHIP, MORAL VIRTUE, CIVICS, AND LIBERAL ARTS. THIS TIME-TESTED, CLASSICAL LIBERAL ARTS EDUCATION WILL ENSURE STUDENTS ARE HIGHLY PREPARED, THROUGH RIGOROUS AND RELEVANT CORE CONTENT WITH AN EMPHASIS ON LITERACY, TO BE HIGHLY PRODUCTIVE AND SUCCESSFUL CITIZENS WITH A STRONG SENSE OF CHARACTER AND CIVIC RESPONSIBILITY.

990 for the year ended June 30, 2025

Program accomplishments

  • INDEPENDENCE CLASSICAL ACADEMY EXISTS TO FILL A ROLE IN PUBLIC EDUCATION THAT IS CURRENTLY MISSING IN ST. LUCIE COUNTY. A VIRTUOUS ENVIRONMENT IN WHICH TO PROVIDE AN ACADEMICALLY RIGOROUS CURRICULUM WHERE GOOD MORAL VIRTUE IS NOT ONLY ENCOURAGED, BUT EXPECTED. A PLACE WHERE TEACHERS CAN TEACH, AND STUDENTS WILL LEARN. OFFERING A SETTING FREE FROM DIGITAL LEARNING AND THE DISTRACTIONS OF SCREENS AND PRESSURES OF SOCIAL MEDIA THAT MANY KIDS ARE FIXATED ON IN TODAY'S WORLD, WE ARE ABLE TO HONE IN ON CREATING CRITICAL THINKERS THAT ARE FLUENT READERS, WRITERS, AND SPEAKERS. STUDENTS IN OUR ACADEMY ARE BEING TAUGHT THAT CHARACTER COUNTS, AND THAT THEY ARE CAPABLE OF HARD THINGS. KIDS ARE GETTING OUTDOORS, EXPERIENCING LEARNING FOR ALL LEARNING STYLES, AND BEING HELD ACCOUNTABLE FOR THEIR OWN LEARNING GAINS, AS OPPOSED TO SPENDING TEN MONTHS LEARNING HOW TO PASS A STANDARDIZED TEST. THE CULTURE AT ICA IS THAT OF A FAMILY, AND THE GAINS OUR STUDENTS MAKE ACADEMICALLY ARE LARGELY TIED TO THE ENVIRONMENT IN WHICH THEY ARE TAUGHT, A SMALL, HIGHLY STRUCTURED SCHOOL THAT FOCUSES ON KNOWING ALL OF OUR KIDS, AND GETTING THEM TO REACH THEIR FULL POTENTIAL.
    Expenses $5,863,897 · revenue $6,411,254

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
81-2700759
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
2019
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$15,316,332
Income (IRS master file)
$6,411,254

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$6,411,254$6,987,794$15,316,332XML
990June 2024$4,926,179$4,401,495$17,252,069IRS
990June 2023$3,983,027$3,875,735$11,074,228XML
990June 2022$2,618,925$2,752,527$11,182,975IRS
990June 2021$2,488,195$2,428,742$346,948IRS

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 81-2700759).

Questions about INDEPENDENCE CLASSICAL ACADEMY INC

What is the EIN of INDEPENDENCE CLASSICAL ACADEMY INC?
The employer identification number (EIN) of INDEPENDENCE CLASSICAL ACADEMY INC is 81-2700759.
Is INDEPENDENCE CLASSICAL ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to INDEPENDENCE CLASSICAL ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDEPENDENCE CLASSICAL ACADEMY INC 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 INDEPENDENCE CLASSICAL ACADEMY 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 INDEPENDENCE CLASSICAL ACADEMY 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 INDEPENDENCE CLASSICAL ACADEMY INC?
The 990 for the year ended June 30, 2025 names CLAY BECTON.
Who are the officers and directors of INDEPENDENCE CLASSICAL ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $253,581 (SANDY HOWARD, EXECUTIVE DIRECTOR).
How much revenue does INDEPENDENCE CLASSICAL ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $6,411,254, expenses of $6,987,794 and total assets of $15,316,332 at year end.

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