COLORADO ACADEMY: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- COLORADO ACADEMY (EIN 84-0421874)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-04-05
- IRS object ID
- 202430969349300948
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-05T16:17:58-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2950 E HARMONY RD STE 290 | AddressLine1Txt |
| City | FORT COLLINS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 805283429 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840421874 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLORADO ACADEMY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COLO | BusinessNameControlTxt |
| Phone | 3039861501 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3800 SOUTH PIERCE ST | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80235 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WHITNEY JOHNSON | PersonNm |
| Person Title | CHIEF FINANCIAL & OPERATING OFFICER | PersonTitleTxt |
| Phone | 3039861501 | PhoneNum |
| Signature | 2024-04-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WHITNEY | PersonFirstNm |
| Person Last | JOHNSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KYLE FRITCH CPA | PreparerPersonNm |
| PTIN | P01313374 | PTIN |
| Phone | 9702238825 | PhoneNum |
| Preparation | 2024-04-05 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | WHITNEY JOHNSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3800 SOUTH PIERCE ST | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80235 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $59,368,210 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.COLORADOACADEMY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1906 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | CREATING CURIOUS, KIND, COURAGEOUS, AND ADVENTUROUS LEARNERS AND LEADERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 611 | TotalEmployeeCnt |
| Total Volunteers | 650 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $8,729,276 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,788,533 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $34,337,636 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $38,350,135 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,128,416 | PYInvestmentIncomeAmt |
| CY Investment Income | $7,777,290 | CYInvestmentIncomeAmt |
| PY Other Revenue | $63,685 | PYOtherRevenueAmt |
| CY Other Revenue | $272,139 | CYOtherRevenueAmt |
| PY Total Revenue | $44,259,013 | PYTotalRevenueAmt |
| CY Total Revenue | $53,188,097 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,319,154 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,510,948 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $22,568,950 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $24,296,261 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,613,359 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $13,109,776 | PYOtherExpensesAmt |
| CY Other Expenses | $14,802,805 | CYOtherExpensesAmt |
| PY Total Expenses | $38,997,880 | PYTotalExpensesAmt |
| CY Total Expenses | $42,610,014 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,261,133 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,578,083 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $114,741,916 | TotalAssetsBOYAmt |
| Total Assets EOY | $123,481,396 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,273,350 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $12,025,572 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $104,468,566 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $111,455,824 | NetAssetsOrFundBalancesEOYAmt |
| Mission | CREATING CURIOUS, KIND, COURAGEOUS, AND ADVENTUROUS LEARNERS AND LEADERS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $30,973,601 | ExpenseAmt |
| Grant | $3,510,948 | GrantAmt |
| Revenue | $35,426,481 | RevenueAmt |
| Desc | EDUCATION OF 1,038 STUDENTS IN GRADES PRE-K THROUGH 12. COLORADO ACADEMY STRIVES FOR ACADEMIC EXCELLENCE AND THE HIGHEST STANDARDS OF ACHIEVEMENT THROUGH ACADEMIC STUDIES, ATHLETIC PURSUITS, ARTISTIC VENTURES, SUMMER PROGRAMS, AND EXTRACURRICULAR ACTIVITIES. STUDENTS LEARN TO THINK AND CREATE AS THEY FORGE A LIFE-LONG LEARNING ADVENTURE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,403,621 | ExpenseAmt |
| Revenue | $2,305,676 | RevenueAmt |
| Desc | SUMMER AND OTHER PROGRAMS FOR APPROXIMATELY 2,000 STUDENTS INCLUDES A TRADITIONAL SUMMER CAMP, SPECIALTY CAMPS, AND THE HORIZONS PROGRAM. THE SUMMER PROGRAM AT COLORADO ACADEMY, FOUNDED IN 1951, PROVIDES A VARIETY OF ACTIVITIES TO MORE THAN 500 KIDS (AGES 4 THROUGH 18) FOR EIGHT WEEKS EACH SUMMER. THE PROGRAMS ARE FUN, ENGAGING, AND CHALLENGING-BOTH INTELLECTUALLY AND PHYSICALLY. HORIZONS AT COLORADO ACADEMY IS ONE OF OVER 60 AFFILIATES AROUND THE COUNTRY THAT PROVIDES EXTENSIVE ENRICHMENT PROGRAMMING FOR UNDERSERVED YOUTH IN AND AROUND DENVER. SINCE ITS FOUNDING IN 1998, THE PROGRAM HAS GROWN EXTENSIVELY IN 2023. ENROLLMENT WAS AT 250 STUDENTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,037,178 | ExpenseAmt |
| Revenue | $749,177 | RevenueAmt |
| Desc | TRANSPORTATION TO AND FROM SCHOOL IS USED BY APPROXIMATELY 500 STUDENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $35,414,400 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 96 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 611 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHITNEY JOHNSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3039142521 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3800 S PIERCE STREET | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80235 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| ERIKA MOORE HOLLIS | |||||||
| BOARD CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MESHACH RHOADES | |||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANDREW ROBINSON | |||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JEFF GELLER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH CRANE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROLE BUYERS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LIZ ARNOLD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TOM JORDEN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GEORGE LOCHHEAD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TATE MCCOY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NINA MOORE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAN GOLDMAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LISA OSMAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| AMY LIVINGSTON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DALIA EL-PRINCE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRYAN LEACH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROB STETTNER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DANNY JIMENEZ | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN REIDY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CATHERINE ROLLHAUS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID SHAPIRO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NATALIE BOCOCK TURNAGE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| VJ BROWN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BOB MARTIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOCELYN EGE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MATT FARNCOMBE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ISIAH SALAZAR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN CHO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MIKE DAVIS | |||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | $501,496 | $0 | $58,817 | ||
| ALANNA BROWN | |||||||
| CFO/ BUSINESS MGR (THRU AUG. '22) | 40.00 | Yes (X) | $179,625 | $0 | $27,678 | ||
| WHITNEY JOHNSON | |||||||
| CFOO (AS OF AUG.'22) | 40.00 | Yes (X) | $110,517 | $0 | $11,434 | ||
| WILLIAM WOLF-TINSMAN | |||||||
| MIDDLE SCHOOL PRINCIPAL | 40.00 | $172,583 | $0 | $58,158 | Yes (X) | ||
| MAX DELGADO | |||||||
| UPPER SCHOOL PRINCIPAL | 40.00 | $160,685 | $0 | $60,168 | Yes (X) | ||
| SONIA ARORA | |||||||
| DIRECTOR OF COLLEGE COUNSE | 40.00 | $150,264 | $0 | $52,731 | Yes (X) | ||
| JACQUE MONTGOMERY | |||||||
| DIRECTOR OF ADVANCEMENT | 40.00 | $183,883 | $0 | $12,535 | Yes (X) | ||
| ANGELLA CRABTREE | |||||||
| LOWER SCHOOL PRINCIPAL | 40.00 | $171,078 | $0 | $21,639 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,630,131 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $303,160 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 18 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SODEXO INC & AFFILIATES | |||||
| PO BOX 360170 | PITTSBURG | PA | 15251 | FOOD SERVICES | $1,362,066 |
| L7L ENTERPRISES | |||||
| 4045 COUNTRY MOUNTAIN DRIVE | LOVELAND | CO | 80537 | IRRIGRATION SERVICES | $875,261 |
| MAX CONSTRUCTIONS INC | |||||
| 835 DELAWARE ST | DENVER | CO | 80204 | CONSTRUCTION SERVICES | $520,449 |
| CODE RED AUDITS LLC | |||||
| 99 INVERNESS DR E STE 130 | ENGLEWOOD | CO | 80112 | SECURITY | $434,924 |
| DRYER CONSTRUCTION | |||||
| 1951 HIDDEN ACRES | PARKER | CO | 80138 | CONSTRUCTION SERVICES | $286,045 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 16 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $661,228 | FundraisingAmt |
| All Other Contributions | $6,127,305 | AllOtherContributionsAmt |
| Noncash Contributions | $220,347 | NoncashContributionsAmt |
| Total Contributions | $6,788,533 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611710 | $35,215,001 | $35,215,001 |
| SUMMER AND OTHER PROGRAMS | 611710 | $2,305,676 | $2,305,676 |
| TRANSPORTATION FEES | 611710 | $749,177 | $749,177 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $80,281 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $80,281 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $38,350,135 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,881,761 | TotalRevenueColumnAmt |
| Exclusion | $1,881,761 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $124,099 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $124,099 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $124,099 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $124,099 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,603,252 | SecuritiesAmt |
| Other | $20,499 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,723,375 | SecuritiesAmt |
| Other | $4,847 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,879,877 | SecuritiesAmt |
| Other | $15,652 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,895,529 | TotalRevenueColumnAmt |
| Exclusion | $5,895,529 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $510,022 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $661,228 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $369,082 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $140,940 | TotalRevenueColumnAmt |
| Exclusion | $140,940 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $89,909 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $82,809 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,100 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,100 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $53,188,097 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $38,481,334 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,918,230 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,510,948 | TotalAmt |
| Program Services | $3,510,948 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $798,629 | TotalAmt |
| Program Services | $121,330 | ProgramServicesAmt |
| Management And General | $555,969 | ManagementAndGeneralAmt |
| Fundraising | $121,330 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,865,890 | TotalAmt |
| Program Services | $14,302,078 | ProgramServicesAmt |
| Management And General | $1,787,816 | ManagementAndGeneralAmt |
| Fundraising | $775,996 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,194,272 | TotalAmt |
| Program Services | $919,958 | ProgramServicesAmt |
| Management And General | $223,911 | ManagementAndGeneralAmt |
| Fundraising | $50,403 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,068,174 | TotalAmt |
| Program Services | $3,080,666 | ProgramServicesAmt |
| Management And General | $810,146 | ManagementAndGeneralAmt |
| Fundraising | $177,362 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,369,296 | TotalAmt |
| Program Services | $1,021,689 | ProgramServicesAmt |
| Management And General | $284,597 | ManagementAndGeneralAmt |
| Fundraising | $63,010 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,598 | TotalAmt |
| Management And General | $115,598 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $334,689 | TotalAmt |
| Management And General | $334,689 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $842,486 | TotalAmt |
| Program Services | $52,587 | ProgramServicesAmt |
| Management And General | $442,095 | ManagementAndGeneralAmt |
| Fundraising | $347,804 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $198,746 | TotalAmt |
| Management And General | $198,746 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,988,345 | TotalAmt |
| Program Services | $3,591,730 | ProgramServicesAmt |
| Management And General | $369,899 | ManagementAndGeneralAmt |
| Fundraising | $26,716 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,810,429 | TotalAmt |
| Program Services | $2,552,946 | ProgramServicesAmt |
| Management And General | $234,240 | ManagementAndGeneralAmt |
| Fundraising | $23,243 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,329 | TotalAmt |
| Management And General | $150,329 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| INSTRUCTION & IT EXPENS | $4,973,178 | $4,944,428 | $28,750 | |
| FOOD SERVICES | $1,130,813 | $1,130,813 | ||
| PROFESSIONAL DEVELOPMEN | $204,310 | $185,227 | $16,125 | $2,958 |
| BANKING AND PROCESSING | $32,270 | $7,733 | $24,537 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,612 | TotalAmt |
| Management And General | $21,612 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,610,014 | TotalAmt |
| Program Services | $35,414,400 | ProgramServicesAmt |
| Management And General | $5,582,255 | ManagementAndGeneralAmt |
| Fundraising | $1,613,359 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,592,316 | BOYAmt |
| EOY | $17,747,918 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,357,433 | BOYAmt |
| EOY | $1,565,823 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,030 | BOYAmt |
| EOY | $91,779 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,825 | BOYAmt |
| EOY | $172,331 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $249,675 | BOYAmt |
| EOY | $266,173 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $100,237,733 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $31,351,388 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,642,691 | BOYAmt |
| EOY | $68,886,345 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,622,101 | BOYAmt |
| EOY | $34,557,663 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $202,845 | BOYAmt |
| EOY | $193,364 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,741,916 | BOYAmt |
| EOY | $123,481,396 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,867,688 | BOYAmt |
| EOY | $3,476,845 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,480,244 | BOYAmt |
| EOY | $1,941,543 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,925,418 | BOYAmt |
| EOY | $6,607,184 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,273,350 | BOYAmt |
| EOY | $12,025,572 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,812,417 | BOYAmt |
| EOY | $71,048,874 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,656,149 | BOYAmt |
| EOY | $40,406,950 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,468,566 | BOYAmt |
| EOY | $111,455,824 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,741,916 | BOYAmt |
| EOY | $123,481,396 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $10,578,083 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$3,591,280 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $455 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $365,025 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $31,259,117 | BeginningYearBalanceAmt |
| Contributions | $1,456,424 | ContributionsAmt |
| Investment Earnings Or Losses | $3,816,850 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,430,844 | OtherExpendituresAmt |
| Administrative Expenses | $115,598 | AdministrativeExpensesAmt |
| End Year Balance | $34,985,949 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $33,100,629 | BeginningYearBalanceAmt |
| Contributions | $2,457,192 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,858,506 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,350,000 | OtherExpendituresAmt |
| Administrative Expenses | $90,198 | AdministrativeExpensesAmt |
| End Year Balance | $31,259,117 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,316,401 | BeginningYearBalanceAmt |
| Contributions | $347,264 | ContributionsAmt |
| Investment Earnings Or Losses | $6,719,874 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,197,917 | OtherExpendituresAmt |
| Administrative Expenses | $84,993 | AdministrativeExpensesAmt |
| End Year Balance | $33,100,629 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,693,421 | BeginningYearBalanceAmt |
| Contributions | $313,996 | ContributionsAmt |
| Investment Earnings Or Losses | -$346,447 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,262,018 | OtherExpendituresAmt |
| Administrative Expenses | $82,551 | AdministrativeExpensesAmt |
| End Year Balance | $27,316,401 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,904,761 | BeginningYearBalanceAmt |
| Contributions | $318,006 | ContributionsAmt |
| Investment Earnings Or Losses | $1,768,892 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,217,174 | OtherExpendituresAmt |
| Administrative Expenses | $81,064 | AdministrativeExpensesAmt |
| End Year Balance | $28,693,421 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.02288 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.71774 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.25938 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,651,984 | OtherCostOrOtherBasisAmt |
| Book Value | $3,651,984 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $74,376,669 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,258,823 | DepreciationAmt |
| Book Value | $53,117,846 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,190,909 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,438,748 | DepreciationAmt |
| Book Value | $8,752,161 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,378,324 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,231,496 | DepreciationAmt |
| Book Value | $3,146,828 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,639,847 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,422,321 | DepreciationAmt |
| Book Value | $217,526 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $68,886,345 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION AND FEES PAID IN ADVANCE | Desc |
| Amt | $6,607,184 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,607,184 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $45,975,573 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$3,591,280 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$3,510,493 | OtherRevenueAmt |
| Revenue Not Reported | -$7,101,773 | RevenueNotReportedAmt |
| Revenue Subtotal | $53,077,346 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $115,598 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$4,847 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $110,751 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $53,188,097 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $38,988,315 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $4,847 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $4,847 | ExpensesNotReportedAmt |
| Expenses Subtotal | $38,983,468 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $115,598 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $3,510,948 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,626,546 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $42,610,014 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE COLLECTION OF ART CONSISTS OF 13 CONTEMPORARY FINE ART PIECES. THE VISUAL AND PERFORMING ARTS ARE AN INTEGRAL PART OF THE CURRICULUM THROUGH EXPOSURE AND EXPERIENCE AT COLORADO ACADEMY. THE SUBJECT WORKS ARE EXHIBITED AT THE PONZIO ARTS CENTER ON CAMPUS. |
| PART V, LINE 4: | COLORADO ACADEMY'S ENDOWMENT ("ENDOWMENT") IS COMPRISED OF APPROXIMATELY 90 INDIVIDUAL FUNDS ESTABLISHED BY DONORS TO PROVIDE ANNUAL FUNDING FOR SPECIFIC ACTIVITIES AND GENERAL OPERATIONS OF COLORADO ACADEMY. THE ENDOWMENT ALSO INCLUDES CERTAIN NET ASSETS WITH AND WITHOUT DONOR RESTRICTIONS DESIGNATED FOR ENDOWMENT BY THE COLORADO ACADEMY'S BOARD OF TRUSTEES. |
| PART X, LINE 2: | COLORADO ACADEMY IS ORGANIZED AS A COLORADO NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(II), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). WE ARE ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, WE ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO OUR EXEMPT PURPOSE. WE HAVE DETERMINED WE ARE NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAVE NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID GRANTS NETTED WITH REVENUE ON FINANCIAL STATEMENTS -3,510,948. CHANGE IN VALUE OF BENEFICIAL INTEREST NETTED WITH INCOME ON FINANCIALS 455. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | LOSS ON ASSET DISPOSAL INCLUDED WITH REVENUE ON 990 -4,847. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON ASSET DISPOSAL INCLUDED WITH REVENUE ON 990 4,847. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID GRANTS NETTED WITH REVENUE ON FINANCIAL STATEMENTS 3,510,948. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL PERIODICALLY PUBLISHES ITS NON-DISCRIMINATION POLICY WITH RESPECT TO ENROLLMENT AND PARTICIPATION IN PROGRAMS AND ACTIVITIES IN LOCAL NEWSPAPERS AND IN FORMS AND BROCHURES WHICH ARE MADE AVAILABLE TO THE PUBLIC. IN THE CASE OF EMPLOYEES, THE EMPLOYEE HANDBOOK PROVIDES INFORMATION WITH RESPECT TO THE SCHOOL'S NON-DISCRIMINATORY EMPLOYMENT POLICIES. IN ADDITION, THE SCHOOL POSTS ITS NON-DISCRIMINATION POLICY ON ALL JOB POSTINGS. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $349,805 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $349,805 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $349,805 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | CONCERT/AUCTION | Event1Nm |
| Gross Receipts Event1 | $884,458 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $391,236 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $493,222 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $6,000 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $56,850 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $40,778 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $235,786 | OtherDirectExpensesEvent1Amt |
| Event2 | HORIZONS WINE & DINE | Event2Nm |
| Gross Receipts Event2 | $286,792 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $269,992 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $16,800 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $2,160 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $12,527 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $14,981 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $1,171,250 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $661,228 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $510,022 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $6,000 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $59,010 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $53,305 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $250,767 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $369,082 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $140,940 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 153 | RecipientCnt |
| Cash Grant | $3,510,948 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL SCHOLARSHIP AWARDS ARE BASED ON DEMONSTRATED FINANCIAL NEED. EACH APPLICATION FOR FINANCIAL ASSISTANCE IS REVIEWED BY THE FINANCIAL AID COMMITTEE TO ASSURE QUALIFYING CRITERIA IS FAIRLY AND CONSISTENTLY APPLIED. A COPY OF EACH FINANCIAL ASSISTANCE AWARD LETTER IS GIVEN TO THE BUSINESS OFFICE SO THE AWARDS ARE RECORDED CORRECTLY IN THE FINANCIAL RECORDS OF COLORADO ACADEMY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MIKE DAVIS | ||||||||||||||
| HEAD OF SCHOOL | $418,392 | $0 | $70,000 | $0 | $13,104 | $0 | $27,083 | $0 | $32,424 | $0 | $561,003 | $0 | $0 | $0 |
| WILLIAM WOLF-TINSMAN | ||||||||||||||
| MIDDLE SCHOOL PRINCIPAL | $172,583 | $0 | $0 | $0 | $0 | $0 | $18,933 | $0 | $40,515 | $0 | $232,031 | $0 | $0 | $0 |
| MAX DELGADO | ||||||||||||||
| UPPER SCHOOL PRINCIPAL | $160,685 | $0 | $0 | $0 | $0 | $0 | $10,516 | $0 | $49,652 | $0 | $220,853 | $0 | $0 | $0 |
| ALANNA BROWN | ||||||||||||||
| CFO/ BUSINESS MGR (THRU AUG. '22) | $179,625 | $0 | $0 | $0 | $0 | $0 | $17,880 | $0 | $9,798 | $0 | $207,303 | $0 | $0 | $0 |
| SONIA ARORA | ||||||||||||||
| DIRECTOR OF COLLEGE COUNSE | $150,264 | $0 | $0 | $0 | $0 | $0 | $9,349 | $0 | $43,382 | $0 | $202,995 | $0 | $0 | $0 |
| JACQUE MONTGOMERY | ||||||||||||||
| DIRECTOR OF ADVANCEMENT | $166,575 | $0 | $0 | $0 | $17,308 | $0 | $6,444 | $0 | $6,090 | $0 | $196,417 | $0 | $0 | $0 |
| ANGELLA CRABTREE | ||||||||||||||
| LOWER SCHOOL PRINCIPAL | $171,078 | $0 | $0 | $0 | $0 | $0 | $10,328 | $0 | $12,001 | $0 | $193,407 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE HEAD OF SCHOOL IS PROVIDED WITH A BENEFIT ALLOWANCE TO BE USED FOR ANY OF THE FOLLOWING; AUTOMOBILE EXPENSES, HEALTH CLUB, OR FINANCIAL PLANNING. THE BENEFIT ALLOWANCE IS INCLUDED IN THE HEAD OF SCHOOL'S W-2 WAGES. |
| PART I, LINE 7 | THE FINANCE COMMITTEE ANNUALLY REVIEWS THE PERFORMANCES OF THE EXECUTIVE STAFF AND OTHER STAFF AS IDENTIFIED BY THE COMMITTEE TO DETERMINE IF ADDITIONAL COMPENSATION IN THE FORM OF BONUSES WILL BE PAID. DURING CALENDAR YEAR ENDING DECEMBER 31, 2022, BONUSES WERE AWARDED BASED ON REVIEW OF EACH INDIVIDUAL'S PERFORMANCE AND SERVICES TO THE ORGANIZATION. |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Org | TRUSTEE'S FAMILY | RelationshipWithOrgTxt |
| Cash Grant | $12,160 | CashGrantAmt |
| Type Of Assistance | TUITION ASSISTANCE | TypeOfAssistanceTxt |
| Assistance Purpose | TUITION ASSISTANCE | AssistancePurposeTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $35,111 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | PUBLISHED MARKET PRICE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | FUNDRAISING EVENT ITEMS | Desc |
| Contribution | 164 | ContributionCnt |
| Noncash Contributions Rpt F990 | $185,236 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER REPORTED IN COLUMN (B) IS THE NUMBER OF CONTRIBUTIONS RECEIVED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | COLORADO ACADEMY HAS AN EXECUTIVE COMMITTEE COMPRISED OF THE BOARD CHAIR, THE BOARD CHAIR-ELECT (IF ANY), THE VICE CHAIR (WHO MAY BE THE SAME PERSON AS THE BOARD CHAIR-ELECT), AND SUCH OTHER DULY ELECTED MEMBERS OF THE BOARD AS THE BOARD CHAIR AND HEAD OF SCHOOL MAY APPOINT AND SHALL INCLUDE A MINIMUM OF THREE MEMBERS. WHEN EMERGENCY ACTION MUST BE TAKEN BUT A MEETING OF THE FULL BOARD WOULD BE IMPRACTICAL, THE EXECUTIVE COMMITTEE WILL HAVE AND MAY EXERCISE ALL THE AUTHORITY OF THE BOARD. A MAJORITY OF THE MEMBERS OF THE EXECUTIVE COMMITTEE WILL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS IN EMERGENCY CIRCUMSTANCES. MINUTES SHALL BE KEPT OF ANY SUCH ACTION TAKEN BY THE EXECUTIVE COMMITTEE, WHICH MINUTES WILL BE SUBMITTED TO THE BOARD AT OR BEFORE ITS NEXT DULY CALLED MEETING FOR RATIFICATION, MODIFICATION, OR REJECTION BY AFFIRMATIVE VOTE OF AT LEAST TWO-THIRDS OF THE TRUSTEES THEN IN OFFICE. |
| FORM 990, PART VI, SECTION A, LINE 4 | COLORADO ACADEMY UPDATED THE ORGANIZATION BYLAWS IN MARCH 2023 TO CLARIFY THE EXECUTIVE COMMITTEE MEMBERS, APPOINTMENT POWERS AND ALLOWABLE ACTIONS IN AN EMERGENCY. THE CONFLICT OF INTEREST POLICY WAS ALSO UPDATED TO ADD INDIVIDUALS THE POLICY COVERS AND DISCUSSION PROCESS IN THE EVENT OF A CONFLICT. THESE CHANGES ARE NOTED IN ADDITIONAL DETAIL ON SCHEDULE O NARRATIVES RELATED TO FORM 990, PART VI, SECTION A, LINE 1A AND PART VI, SECTION B, LINE 12C. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE COMPLETED FORM 990 TAX RETURN IS PRESENTED FOR REVIEW TO TRUSTEES PRESENT AT THE FINANCE COMMITTEE MEETING, PRIOR TO FILING OF THE RETURN. AT THE MEETING, A REDACTED COPY OF THE FORM 990 IS REVIEWED. THIS COPY IS THEN MADE AVAILABLE FOR REVIEW TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. THE REDACTED COPY OF THE RETURN PROVIDED TO THE TRUSTEES IS THE SAME AS THE ACTUAL RETURN FILED EXCEPT FOR THE FOLLOWING INFORMATION WHICH IS REMOVED TO PROTECT INDIVIDUAL PRIVACY RIGHTS - THE NAMES AND ADDRESSES OF DONORS ON SCHEDULE B AND NAMES OF INDIVIDUALS ON SCHEDULE L. |
| FORM 990, PART VI, SECTION B, LINE 12C | SIGNED CONFLICT OF INTEREST STATEMENTS ARE OBTAINED EACH SCHOOL YEAR FROM ALL TRUSTEES, KEY ADMINISTRATORS, AND ADVISORY MEMBERS OF COMMITTEES. IN THE EVENT OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST BY EITHER A TRUSTEE OR KEY ADMINISTRATOR, THEY SHALL IMMEDIATELY DISCLOSE THE EXISTENCE OF SUCH CONFLICT TO THE BOARD CHAIR OF THE BOARD OF TRUSTEES OR TO THE HEAD OF SCHOOL, AS APPROPRIATE. IN THE EVENT OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST BY THE HEAD OF SCHOOL, THEY SHALL IMMEDIATELY DISCLOSE THE EXISTENCE OF SUCH CONFLICT TO THE BOARD CHAIR OF THE BOARD OF TRUSTEES. IN THE EVENT OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST BY THE BOARD CHAIR OF THE BOARD OF TRUSTEES, THEY SHALL IMMEDIATELY DISCLOSE THE EXISTENCE OF SUCH CONFLICT TO THE VICE CHAIR OF THE BOARD OF TRUSTEES. A TRUSTEE OR AN ADMINISTRATOR (OR A MEMBER OF HIS OR HER FAMILY) WHO OWNS OR CONTROLS THE STOCK OF A PUBLICLY TRADED COMPANY THAT IS INVOLVED IN A TRANSACTION, CONTRACT, OR OTHER RELATIONSHIP WITH THE SCHOOL WILL NOT BE DEEMED TO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST REQUIRING DISCLOSURE IF SUCH OWNERSHIP OR CONTROL IS OF LESS THAN ONE PERCENT (1%) OF THE VOTING STOCK OF SUCH COMPANY. WHILE THE FOREGOING STOCK INTEREST IN A PUBLICLY TRADED COMPANY WILL NOT CONSTITUTE A CONFLICT OF INTEREST, THE ADMINISTRATOR SHOULD NEVERTHELESS DISCLOSE THE NATURE OF THE ADMINISTRATOR'S RELATIONSHIP WITH THE PUBLIC COMPANY PRIOR TO THE CONSIDERATION OF THE TRANSACTION, CONTRACT, OR OTHER RELATIONSHIP WITH THE SCHOOL. THE BOARD CHAIR OR HEAD OF SCHOOL AS APPROPRIATE DEPENDING ON THE INDIVIDUAL WITH THE CONFLICT AS DESCRIBED ABOVE, SHALL REVIEW FACTS AND CIRCUMSTANCES OF THE CONFLICT AND SHALL MAKE HIS/HER RECOMMENDATION IN ACCORDANCE WITH THE PROCEDURES SET FORTH BELOW: ANY LOAN FROM THE SCHOOL TO A TRUSTEE OR TO A KEY ADMINISTRATOR IS PROHIBITED; ANY OTHER TRANSACTION, CONTRACT, OR RELATIONSHIP THAT IS NOT PROHIBITED BY LAW AND THAT INVOLVES AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST MAY BE PERMITTED IF THE EXISTENCE OF THE ACTUAL OR POTENTIAL CONFLICT AND THE MATERIAL FACTS ARE DISCLOSED TO THE BOARD CHAIR OR HEAD OF SCHOOL AND (I) THE BOARD CHAIR OR HEAD OF SCHOOL IN GOOD FAITH AUTHORIZES, APPROVES, OR RATIFIES THE TRANSACTION, CONTRACT OR RELATIONSHIP AT ISSUE (II) THE BOARD CHAIR OR HEAD OF SCHOOL DETERMINES THAT THE SCHOOL CANNOT OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION, CONTRACT, OR RELATIONSHIP FROM AN ENTITY OR INDIVIDUAL THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, OR (III) THE SUBJECT TRANSACTION, CONTRACT OR RELATIONSHIP IS FAIR TO THE SCHOOL. THE INTERESTED TRUSTEE OR ADMINISTRATOR MAY BE PROHIBITED FROM PARTICIPATING IN THE MEETING AT WHICH THE BOARD CHAIR OR HEAD OF SCHOOL DETERMINES WHETHER TO AUTHORIZE, APPROVE, OR RATIFY THE SUBJECT TRANSACTION, CONTRACT, OR RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION OF ALL OFFICERS AND KEY EMPLOYEES IS REVIEWED AND APPROVED ANNUALLY BY THE FINANCE COMMITTEE. COMPARABILITY SALARY DATA FOR SIMILAR POSITIONS AT SCHOOLS SIMILAR TO COLORADO ACADEMY IS OBTAINED AND SHARED WITH TRUSTEES. THE COMPARABILITY DATA INCLUDES NATIONAL AND LOCAL SCHOOL GROUPS. MINUTES OF THE MEETINGS AT WHICH COMPENSATION IS REVIEWED AND APPROVED ARE KEPT. THE MINUTES RECORD THE DISCUSSION AND RATIONAL FOR EACH APPROVED SALARY. THE FISCAL YEAR 2022-2023 SALARIES OF OFFICERS AND KEY EMPLOYEES WERE APPROVED BY THE FINANCE COMMITTEE ON MARCH 30, 2022. |
| FORM 990, PART VI, SECTION C, LINE 19 | COLORADO ACADEMY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, ALL OF THE DOCUMENTS ARE LOCATED IN THE COLORADO ACADEMY'S BUSINESS OFFICE WHICH IS OPEN TO THE PUBLIC DURING REGULAR BUSINESS HOURS THROUGHOUT THE YEAR. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 455. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PERPETUAL TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3800 SOUTH PIERCE ST | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80235 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | CHARITABLE PERPETUAL TRUST | PrimaryActivitiesTxt |
| Legal Domicile State | CO | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLORADO ACADEMY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | T | EntityTypeTxt |
| Share Of Total Income | -$9,481 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $193,364 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |