2023-05-10T14:19:02-05:00 2022-06-30 FORVIS LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2021-07-01 202562193 STRIVE PREPARATORY SCHOOLS % JOSH DEVON STRI 7208373544 2480 W 26TH AVENUE Suite B-360 DENVER CO 80211 JOSH DEVON CFO 7208373544 2023-05-15 true JOSH DEVON 999009999 Adam R Smith CPA P00958966 7194714290 2023-04-28 2 2021 2023-04-26 12:10:37Z CHRIS GIBBONS 2480 W 26TH AVE SUITE B-360 DENVER CO 80211 53246869 false X WWW.STRIVEPREP.ORG X 2005 CO SEE SCHEDULE O 12 12 634 12 0 0 16456304 12684825 38108141 40117045 10712 17251 166215 389670 54741372 53208791 0 0 0 0 35844927 41678712 0 0 0 10120784 13498804 45965711 55177516 8775661 -1968725 16366153 15420405 17723259 3585808 -1357106 11834597 SUCCESS FOR EVERY STUDENT THROUGH A DEMANDING EDUCATION OF HIGH STANDARDS, STRUCTURE AND ACCOUNTABILITY, STRIVE PREPARATORY SCHOOLS PREPARE STUDENTS FOR EDUCATIONAL SUCCESS FROM ELEMENTARY THROUGH HIGH SCHOOL. false false 42130860 40531770 STRIVE PROVIDES AN INTENSIVE CURRICULUM WITH A STRONG FOCUS ON SKILL DEVELOPMENT TO STUDENTS IN GRADES K-12 FOR EDUCATIONAL SUCCESS FROM ELEMENTARY SCHOOL THROUGH HIGH SCHOOL, BENEFITING OVER 3,300 STUDENTS. 42130860 true true false false false false false false false false false false false true true false false true true false false false false false true false false false false true false false false false false false false false false false false false false true true true false false true 60 0 634 true false false false false false true true false false false false false false X 12 12 false false false false false false false true false false true true true true true true false true false false false X X JOSH DEVON 7208373544 2480 W 26TH AVE SUITE B-360 DENVER CO 80211 X Chris Gibbons Chief Executive Officer 40.0 0.0 X 241448 0 59600 JOSH DEVON Chief Financial Officer 40.0 2.0 X 166103 0 46522 Elisha Roberts Chief Academic Officer 40.0 0.0 X 157943 0 33059 Susan Morris Managing Director 40.0 0.0 X 148430 0 25812 Daniella Morello Chief External Affairs Officer 40.0 0.0 X 123120 0 37347 Mika Krause Managing Director 40.0 0.0 X 131505 0 28575 Adam Lenzmeier Principal 40.0 0.0 X 129712 0 22566 Andrew Huber Chief Operations Officer 40.0 0.0 X 112236 0 36877 Jessica Savage Principal 40.0 0.0 X 116340 0 29525 Tim Hall Principal 40.0 0.0 X 105800 0 18406 Teryn Thomas Chief Schools Officer 40.0 0.0 X 90403 0 13996 Helem Aranguti Board Member 12.0 0.0 X 15139 0 2636 Amber Valdez Board Chair 2.0 0.0 X X 0 0 0 Kayla Tibbals Board Vice Chair 2.0 0.0 X X 0 0 0 Dietz Fry Board Treasurer 2.0 2.0 X X 0 0 0 Ulysses Estrada Board Secretary 2.0 0.0 X X 0 0 0 Abi Fadeyi Board Member 2.0 0.0 X 0 0 0 Josh Rael Board Member 2.0 0.0 X 0 0 0 Peter Groff Board Member 2.0 0.0 X 0 0 0 Reed Dixon Board Member 2.0 0.0 X 0 0 0 Leticia Levya Board Member 2.0 0.0 X 0 0 0 Caleb Fields Board Member 0.0 0.0 X 0 0 0 1538179 0 354921 10 false true false DENVER PUBLIC SCHOOLS 1860 LINCOLN ST DENVER CO 80203 SCHOOL DISTRICT SERV 6556799 SLA MANAGEMENT 3217 CORRINE DR ORLANDO FL 32803 FOOD SERVICE 651752 KOKUA 73 W MONROE ST CHICAGO IL 60603 SUBSTITUTE TEACHING 441209 EDBLOX INC 747 N LASALLE ST STE 400 CHICAGO IL 60654 LIVESTREAM TEACHING 150420 ROBERT HALF 2884 SAND HILL RD MENLO PARK CA 94025 TEMP SERVICE 114472 5 66677 10028494 2589654 7985 12684825 Per Pupil Revenue 611710 31583761 31583761 District Mill Levy 611710 8533284 8533284 40117045 17251 17251 0 0 0 0 0 0 13023 66677 38078 -25055 -25055 0 0 0 0 0 0 Miscellaneous Revenue 900099 414725 414725 414725 53208791 40531770 -7804 0 0 0 0 1300151 486975 813176 0 29243159 21932369 7310790 5843878 4382909 1460969 4740761 3555571 1185190 550763 413072 137691 0 54746 54746 64314 64314 0 0 0 3663249 2893967 769282 25381 25381 1101099 814813 286286 1812141 1467834 344307 0 3132909 2631644 501265 316012 316012 0 0 3439 3439 0 0 227662 191236 36426 Classroom Supplies 327269 327269 Textbooks/Library 116437 116437 Licensing 534378 534378 Special Events 480060 436855 43205 1639708 1629519 10189 55177516 42130860 13046656 0 10427644 5505145 3994661 6912110 1404870 1313057 330719 64239 0 0 0 0 0 0 91443 79359 116816 236211 0 0 0 0 0 0 0 0 0 0 0 1310284 16366153 15420405 953546 1253452 0 0 295454 465490 0 0 0 0 0 0 0 0 396781 0 16077478 1866866 17723259 3585808 X 14720373 12380466 0 0 -16077479 -545869 -1357106 11834597 16366153 15420405 X -1968725 15160428 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED LEASE ASSET 1309284 SECURITY DEPOSIT 1000 1310284 0 Net Pension Liability 167492 Lease Liability 1320997 Net OPEB Liability 378377 1866866 53246869 38078 38078 53208791 53208791 55971843 809478 809478 55162365 15151 15151 55177516 SCHEDULE D, PART X, LINE 2 UNCERTAIN TAX POSITIONS: Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. SCHEDULE D, PART XI, LINE 2D REVENUE ON BOOKS, NOT ON RETURN: 38,078 EVENT EXPENSE RECLASSED AND NET AGAINST REVENUE SCHEDULE D, PART XII, LINE 2D EXPENSE ON BOOKS, NOT ON RETURN: 38,708 EVENT EXPENSE RECLASSED AND NET AGAINST REVENUE 371,182 OPEB EXPENSE 400,218 PAYMENT OF LT DEBT PRINCIPAL INCLUDED AS EXPENSE 809,478 TOTAL SCHEDULE D, PART XII, LINE 4B EXPENSES ON RETURN, NOT ON BOOKS: 3,439 INTEREST EXPENSE NOT REPORTED AS AN EXPENDITURE ON THE GOVERNMENTAL FUND REPORT 11,712 LEASE LIABILITY EXPENSE NOT REPORTED AS AN EXPENDITURE ON THE GOVERNMENTAL FUND REPORT 15,151 TOTAL true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 RACIALLY NONDISCRIMINATORY POLICY: STRIVE PREPARATORY SCHOOLS OPERATE IN ACCORDANCE WITH THE NONDISCRIMINATION POLICIES OF DENVER PUBLIC SCHOOLS. STRIVE DOES NOT DISCRIMINATE IN STUDENT RECRUITMENT OR SELECTION BASED ON RACE OR ANY OTHER FACTOR. SCHEDULE E, PART I, LINE 6A FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY: STRIVE RECEIVES GRANTS FROM THE STATE DEPARTMENT OF EDUCATION. 2022 SHINE ON 79700 66677 13023 64 2455 15274 3500 16785 0 79700 66677 13023 64 2455 15274 3500 16785 38078 -25055 X X false false false false false false false true false Chris Gibbons Chief Executive Officer 241448 0 0 0 0 0 41966 0 17634 0 301048 0 JOSH DEVON Chief Financial Officer 166103 0 0 0 0 0 28889 0 17633 0 212625 0 Daniella Morello Chief External Affairs Officer 123120 0 0 0 0 0 21423 0 15924 0 160467 0 Elisha Roberts Chief Academic Officer 157943 0 0 0 0 0 27465 0 5594 0 191002 0 Susan Morris Managing Director 148430 0 0 0 0 0 25812 0 0 0 174242 0 Mika Krause Managing Director 131505 0 0 0 0 0 22877 0 5698 0 160080 0 Adam Lenzmeier Principal 129712 0 0 0 0 0 22566 0 0 0 152278 0 SCHEDULE J, PART I, LINE 7 NON FIXED PAYMENTS: Based on meeting academic performance targets at the network, STRIVE may pay bonuses to its officers. There is no guarantee that bonuses will be paid each year. FORM 990, PART I, LINE 1 ORGANIZATION'S MISSION: SUCCESS FOR EVERY STUDENT THROUGH A DEMANDING EDUCATION OF HIGH STANDARDS, STRUCTURE & ACCOUNTABILITY, STRIVE PREPARES STUDENTS FOR EDUCATIONAL SUCCESS FROM ELEMENTARY THROUGH HIGH SCHOOL FORM 990, PART VI, SECTION A, LINE 8B DOCUMENT MEETINGS OR WRITTEN ACTION BY COMMITTEES ACTING ON BEHALF OF GOVERNING BODY: THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990: INFORMATION FOR THE FORM 990 IS COMPILED BY THE CFO'S OFFICE AND PROVIDED TO THE THIRD PARTY PREPARER. A COPY OF THE 990 IS THEN PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: ALL OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST TO THE BOARD. IF A CONFLICT IS IDENTIFIED, COMMON OR INTERESTED DIRECTORS MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT A MEETING OF THE BOARD OR OF A COMMITTEE WHICH AUTHORIZES, APPROVES, OR RATIFIES THE CONFLICTING INTEREST TRANSACTION. WHERE AN INTERESTED DIRECTOR HAS BEEN COUNTED AS PART OF A QUORUM BUT ABSTAINS FROM VOTING, THE AFFIRMATIVE VOTE OF A MAJORITY OF THE DISINTERESTED DIRECTORS SHALL SUFFICE TO TAKE ACTION. FORM 990, PART VI, SECTION B, LINE 15A & 15B CEO COMPENSATION POLICY: STRIVE'S COMPENSATION COMMITTEE EVALUATES THE CEO'S COMPENSATION BASED ON CEO'S ANNUAL PERFORMANCE EVALUATION. THE EVALUATION PROCESS IS IN ALIGNMENT WITH THE FOLLOWING PHILOSOPHY: CLARITY OF AND ACCOUNTABILITY TO NETWORK GOALS AND CEO'S LEADERSHIP & MANAGEMENT OF THE SYSTEM TOWARD MEETING THOSE GOALS. THE CEO'S COMPENSATION IS BASED ON A COMPREHENSIVE AND INCLUSIVE FEEDBACK LOOP WITH THE PURPOSE OF ASSESSING THE CEO'S CAPABILITIES AND THE NETWORK'S CURRENT AND FUTURE NEEDS. STRIVE'S COMPENSATION COMMITTEE ALSO SHARES THE APPROACH USED BY OTHER BOARDS OF CHARTER NETWORKS FOR THE PURPOSES OF COMPLETING THE CEO'S EVALUATION. THE CEO DETERMINES THE COMPENSATION OF THE OTHER OFFICERS OF STRIVE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION COMPLIES WITH COLORADO HB10-1036, ALSO KNOWN AS THE PUBLIC SCHOOL FINANCIAL TRANSPARENCY ACT. Form 990, Part XI, Line 9 OTHER CHANGES IN NET ASSETS: 15,160,428 CHANGE IN PENSION AND OPEB LIABILITY IN ACCORDANCE WITH GASB 68 AND 75 W DENVER PREP CHARTER SCHOOL BLDG CORP 2480 W 26TH AVE SUITE B-360 DENVER CO 80211 461256741 REAL ESTATE CO 501(C)(2) STRIVE true false false false false false false false false false false false false false true true true false false false W DENVER PREP CHARTER SCHOOL BLDG CORP p 242339 ACTUAL AMOUNT