2025-05-15T12:12:52-05:00 2024-06-30 450250958 EIDE BAILLY LLP 2950 E HARMONY RD STE 290 FORT COLLINS CO 805283429 990 2023-07-01 840242810 KENT DENVER COUNTRY DAY SCHOOL KENT 3037707660 4000 E QUINCY AVENUE ENGLEWOOD CO 80113 JERRY WALKER ASSOCIATE HEAD OF SCHOOL 3037707660 2025-05-14 1 1 KYLE FRITCH CPA P01313374 9702238825 2025-05-14 2023 2025-03-06 01:10:19Z KENT DENVER SCHOOL JERRY WALKER 4000 E QUINCY AVENUE ENGLEWOOD CO 80113 39379538 0 X WWW.KENTDENVER.ORG X 1940 CO EXCELLENCE IN SCHOLARSHIP AND CHARACTER IS THE GOAL OF A KENT DENVER EDUCATION. 25 24 503 100 105822 16872 3615488 7141117 28196169 30653541 236115 1080537 275275 290031 32323047 39165226 3786324 4439295 0 0 19478673 20611274 0 0 1840614 11794777 12695246 35059774 37745815 -2736727 1419411 140062061 148320014 27493101 27644203 112568960 120675811 X EXCELLENCE IN SCHOLARSHIP AND CHARACTER IS THE GOAL OF A KENT DENVER EDUCATION. THE SCHOOL SEEKS TO BUILD A CARING, DIVERSE COMMUNITY OF RESPONSIBLE CITIZENS. TO THAT END, THE SCHOOL PROVIDES A CHALLENGING COLLEGE PREPARATORY CURRICULUM AND SETS HIGH ETHICAL STANDARDS. 0 0 29444197 4439295 30653541 KENT DENVER SCHOOL (THE SCHOOL) IS AN INDEPENDENT SCHOOL FOR GRADES SIX THROUGH TWELVE, LOCATED IN CHERRY HILLS VILLAGE, COLORADO. THE MISSION OF THE SCHOOL IS TO TRANSFORM LIVES OF STUDENTS AND COMMUNITY THROUGH EXTRAORDINARY EDUCATIONAL EXPERIENCES. THE SCHOOL'S OBJECTIVE IS TO WORK WITH FAMILIES TO ENCOURAGE INTELLECTUAL CURIOSITY, INDEPENDENT THINKING, AND MORAL DEVELOPMENT IN STUDENTS, AND TO ESTABLISH A FOUNDATION FOR LEARNING IN COLLEGE AND THROUGHOUT LIFE. THE SCHOOL PROVIDES EDUCATIONAL INSTRUCTION TO APPROXIMATELY 750 STUDENTS, AND FUNDS ITS OPERATIONS PRIMARILY FROM TUITION, FEES, AND SPENDING-RATE DISTRIBUTIONS.THE SCHOOL ALSO CONDUCTS THE BREAKTHROUGH PROGRAM (THE PROGRAM) THROUGH WHICH IT OFFERS A RIGOROUS ACADEMIC CURRICULUM FOR MOTIVATED DENVER PUBLIC SCHOOL STUDENTS AT NO COST TO THE STUDENTS OR THEIR FAMILIES. APPROXIMATELY 210 MIDDLE SCHOOL STUDENTS, PRIMARILY FROM LOW-INCOME FAMILIES, PARTICIPATE IN THE SIX-WEEK PROGRAM, WHICH IS TAUGHT BY HIGH SCHOOL AND COLLEGE STUDENTS. A MENTORSHIP PROGRAM CONTINUES THROUGH THE ACADEMIC YEAR, DURING WHICH HIGH SCHOOL TUTORS MEET WEEKLY WITH THE PROGRAM STUDENTS. 29444197 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 96 0 1 503 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CO X DIANE MONSON 3037707660 4000 E QUINCY AVENUE ENGLEWOOD CO 80113 DAVID BRAEMER HEAD OF SCHOOL 50.00 X X 527981 0 118410 KRISTIN MCKISSICK PRESIDENT 2.00 X X 0 0 0 LATON SPAHR VICE PRESIDENT 2.00 X X 0 0 0 MEGIN WOLFMAN TREASURER 2.00 X X 0 0 0 BRUCE MCGRATH SECRETARY 2.00 X X 0 0 0 JEFF ALLEN TRUSTEE 2.00 X 0 0 0 TIM BUESE TRUSTEE 2.00 X 0 0 0 CHRISTINA CAULKINS TRUSTEE 2.00 X 0 0 0 JULIE CRAMER TRUSTEE 2.00 X 0 0 0 SURAYA DESORRENTO TRUSTEE 2.00 X 0 0 0 BILL DERWIN TRUSTEE 2.00 X 0 0 0 CHRIS FANALE TRUSTEE 2.00 X 0 0 0 CHRIS JACOBY TRUSTEE 2.00 X 0 0 0 APRIL JONES TRUSTEE 2.00 X 0 0 0 MICHANDA LINDSEY TRUSTEE 2.00 X 0 0 0 BRANDON LLOYD TRUSTEE 2.00 X 0 0 0 LISA LOVE TRUSTEE 2.00 X 0 0 0 CHIP MCKEEVER TRUSTEE 2.00 X 0 0 0 LARA MERRIKEN TRUSTEE 2.00 X 0 0 0 ARTHUR NELSON TRUSTEE 2.00 X 0 0 0 VIPANJ PATEL TRUSTEE 2.00 X 0 0 0 RUY QUINTANA TRUSTEE 2.00 X 0 0 0 DEBRA TUCHMAN TRUSTEE 2.00 X 0 0 0 SHEILA WALKER TRUSTEE 2.00 X 0 0 0 BRIAN WHEELER TRUSTEE 2.00 X 0 0 0 JERRY WALKER ASSOCIATE HEAD OF SCHOOL FOR FINANCE & OPS 50.00 X 333900 0 46067 PRISCILLA SCOBIE ASSOC HEAD OF SCHOOL FOR PROGRAMS 50.00 X 230926 0 46876 PHILIPP KLEIN DIRECTOR OF DEVELOPMENT 50.00 X 180027 0 21024 ERIC CHANDLER UPPER SCHOOL DIRECTOR 50.00 X 172269 0 27874 JEFF HOLLWAY DIRECTOR OF ATHLETICS 50.00 X 153007 0 56765 MICHAEL EHRENFRIED CHIEF INNOVATION & INFORMATION OFFICER 50.00 X 147598 0 55712 1745708 0 372728 25 0 1 0 SODEXO CAMPUS MANAGEMENT PO BOX 360170 PITTSBURGH PA 15251 MAINTENANCE SERVICE 2210291 CMC GROUP 2000 S COLORADO BLVD TOWER 1 SUI DENVER CO 80222 CONSTRUCTION 1131860 SODEXO FOOD SERVICE PO BOX 360170 PITTSBURGH CO 15251 FOOD SERVICES 1129740 SUNSET LUXURY LIMOUSINES 7268 OSCELOLO STS WESTMINSTER CO 80030 BUSING 591380 COMMUNITY COUNSELING SERVICE PO BOX 824885 PHILADELPHIA PA 19182 COUNSELING SERVICES 375386 5 744218 2215118 4181781 244013 7141117 TUITION REVENUE 611600 28349560 28349560 SUMMER SCHOOL REVENUE 611600 1377977 1377977 ACTIVITY FEES 611600 879507 879507 46497 46497 30653541 1180537 105822 1074715 100000 -100000 -100000 -100000 404343 744218 114312 290031 290031 39165226 30653541 105822 1264746 4439295 4439295 967179 96718 635858 234603 13669224 10552714 2675241 441269 907007 726425 151550 29032 3954635 3149363 673147 132125 1113229 817173 246224 49832 33790 33790 141392 139170 2222 153684 101309 52375 988479 38761 344230 605488 324559 324559 3533541 3211672 226359 95510 636620 636620 2214926 1998245 158241 58440 374752 338289 26570 9893 INSTRUCTIONAL & EDUCATI 3960605 3908254 52351 PROFESSIONAL DEVELOPMEN 209750 167288 35785 6677 PARENT-TEACHER ASSOC. E 76147 76147 BAD DEBT & CREDIT LOSSE 47001 47001 37745815 29444197 6461004 1840614 9026087 9122967 1721604 1523713 53303 72879 12642 11918 358001 123041 90946239 30417313 59738360 60528926 15238256 15331051 53214955 58580814 698853 3024705 140062061 148320014 1492969 1573134 8416279 8815072 16885000 16431872 698853 824125 27493101 27644203 X 65876715 69745222 46692245 50930589 112568960 120675811 140062061 148320014 1419411 6687440 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 69055827 825547 7560320 648523 2457838 74335333 64405160 2352470 5250527 613154 2339176 69055827 78299152 652926 -11754078 595976 2196864 64405160 62221348 1483622 17372511 573104 2205225 78299152 64515034 1514642 1786904 522120 5073112 62221348 0.34190 0.38580 0.27230 0 0 3305013 3305013 74668192 21631076 53037116 5061048 3944210 1116838 6056714 4842027 1214687 1855272 1855272 60528926 REAL ASSETS 2344393 F ABSOLUTE RETURN FUNDS 8036233 F INTERNATIONAL EQUITY 15037620 F DOMESTIC EQUITY 25149842 F PRIVATE EQUITY 8012726 F 58580814 INVESTMENT HELD FOR DEFERRED COMPENSATION 824125 824125 X 41528419 6687440 134140 -4439295 2382285 39146134 33790 -14698 19092 39165226 33421568 134140 14698 148838 33272730 33790 4439295 4473085 37745815 PART V, LINE 4: THE SCHOOL'S ENDOWMENT IS COMPRISED OF APPROXIMATELY 125 INDIVIDUAL FUNDS ESTABLISHED BY DONORS TO PROVIDE ANNUAL FUNDING FOR SPECIFIC ACTIVITIES AND FOR THE GENERAL OPERATION OF THE SCHOOL. THE ENDOWMENT ALSO INCLUDES CERTAIN UNRESTRICTED NET ASSETS DESIGNATED FOR ENDOWMENT BY THE SCHOOL'S BOARD OF TRUSTEES. PART X, LINE 2: MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE SCHOOL WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP GRANTS NETTED WITH INCOME ON FINANCIALS -4,439,295. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED WITH INCOME ON FORM 990 -14,698. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED WITH INCOME ON FORM 990 14,698. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP GRANTS NETTED WITH INCOME ON FINANCIALS 4,439,295. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS" IS PUBLISHED WITH THE DENVER NEWSPAPER AGENCY AS PART OF THE ASSOCIATION OF COLORADO INDEPENDENT SCHOOLS EACH YEAR. THE NOTICE WAS MOST RECENTLY PUBLISHED ON APRIL 3, 2024. THE POLICY LISTS SEVERAL SCHOOLS, INCLUDING KENT DENVER, AND READS "THE ABOVE SCHOOLS ADMIT STUDENTS OF ANY RACE, COLOR, NATIONAL, OR ETHNIC ORIGIN TO ALL RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOLS. THEY DO NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OR THEIR EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINISTRATED PROGRAMS." CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 20204707 0 0 0 0 0 0 20204707 0 20204707 1 0 0 1 1 0 X 1 COMMUNITY COUNSELLING SERVICE PO BOX 824885 PHILIDELPHIA PA 19182 CONSULTING FOR CAPITAL CAMPAIGN 0 875302 375386 499916 875302 375386 499916 CO KDPA AUCTION 754624 444763 309861 7844 16406 8286 33813 BREAKTHROUGH PARTY 340000 276055 63945 19936 1400 2660 6 53937 23400 30537 1727 2730 12978 6532 1148561 744218 404343 1727 10574 49320 9686 43005 114312 290031 1 FINANCIAL GRANT TOWARD TUITION 168 4016440 422855 ACTUAL BOOKS, CLASS FEES, SCHOOL-RELATED TRIPS, LAPTOPS PART I, LINE 2: GRANT FUNDS ARE APPLIED DIRECTLY TO STUDENTS' TUITION ACCOUNTS, SO THEY ARE AUTOMATICALLY APPLIED TO TUITION, FEES AND/OR OTHER SCHOOL RELATED EXPENSES. THERE IS NO OPPORTUNITY FOR GRANT FUNDS TO BE USED FOR OTHER PURPOSES. FINANCIAL AID APPLICANTS COMPLETE AN APPLICATION WITH FACTS, WHICH PREPARES A REPORT, WHICH IS REVIEWED ALONG WITH TAX RETURNS AND SUPPLEMENTAL INFORMATION ALONG WITH W-2S, BANK ACCOUNT BALANCES, AND PERSONAL STATEMENT OF NEED. RECIPIENTS ARE NOTIFIED OF THEIR FINANCIAL AID AWARD WHEN OFFERED AN ENROLLMENT CONTRACT FOR THE FOLLOWING SCHOOL YEAR. THE SCHOOL REQUIRES APPLICANTS TO SIGN AN IRS FORM 4506 WHICH ALLOWS THE SCHOOL TO OBTAIN A COPY OF THE APPLICANT FAMILY'S INCOME TAX RETURN. X X 1 1 X X X 0 0 0 0 0 0 0 1 0 DAVID BRAEMER HEAD OF SCHOOL 498810 0 22500 0 6671 0 16500 0 102432 0 646913 0 0 0 JERRY WALKER ASSOCIATE HEAD OF SCHOOL FOR FINANCE & OPS 305246 0 22500 0 6154 0 32625 0 13964 0 380489 0 0 0 PRISCILLA SCOBIE ASSOC HEAD OF SCHOOL FOR PROGRAMS 229120 0 0 0 1806 0 23575 0 23822 0 278323 0 0 0 JEFF HOLLWAY DIRECTOR OF ATHLETICS 152701 0 0 0 306 0 7614 0 49673 0 210294 0 0 0 MICHAEL EHRENFRIED CHIEF INNOVATION & INFORMATION OFFICER 147262 0 0 0 336 0 16480 0 39754 0 203832 0 0 0 PHILIPP KLEIN DIRECTOR OF DEVELOPMENT 178430 0 0 0 1597 0 17974 0 3050 0 201051 0 0 0 ERIC CHANDLER UPPER SCHOOL DIRECTOR 169996 0 0 0 2273 0 16832 0 11564 0 200665 0 0 0 PART I, LINE 1A AS PART OF THE EMPLOYMENT CONTRACT THE HEAD OF SCHOOL IS PROVIDED THE USE OF A HOUSE ON CAMPUS AND HOUSE-CLEANING SERVICES. THE BENEFITS PROVIDED ARE NOT TREATED AS TAXABLE COMPENSATION TO THE INDIVIDUAL. PART I, LINE 7 THE ORGANIZATION'S COMPENSATION COMMITTEE ANNUALLY REVIEWS THE PERFOMANCES 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. A COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY 840896727 19645DDF6 2016-11-10 19757733 ADVANCE REFUND BONDS ISSUED 2/17/10;FINANCE CONSTRUCTION OF BUILDING 0 0 0 A 3325861 19757733 9754153 10000000 3580 2018 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 A 0 30820 DISCOUNTED TUITION TUITION ASSISTANCE X 25 220667 SELLING PRICE X MISCELLANEOUS 2 20936 COST X GOLF SIMULATOR 2 2410 COST 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION REPORTES THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B) FORM 990, PART VI, SECTION A, LINE 1A DURING SUCH TIME AS THE BOARD OF TRUSTEES SHALL NOT BE IN SESSION, THE MANAGEMENT AND CONTROL OF KENT DENVER SHALL BE VESTED IN AN EXECUTIVE COMMITTEE CONSISTING OF NOT LESS THAN SEVEN NOR MORE THAN TEN VOTING TRUSTEES OF THE BOARD, ONE OF WHOM SHALL BE THE PRESIDENT. THE EXECUTIVE COMMITTEE SHALL HAVE ALL THE POWERS AND AUTHORITY POSSESSED BY THE BOARD OF TRUSTEES EXCEPT THOSE RESERVED TO SAID BOARD BY LAW. THE EXECUTIVE COMMITTEE MAY NOT (A) AUTHORIZE DISTRIBUTIONS; (B) ELECT, APPOINT, OR REMOVE ANY TRUSTEE; (C) AMEND THE ARTICLES OF INCORPORATION; (D)ADOPT, AMEND, OR REPEAL THE BYLWAS; (E) APPROVE A PLAN OF MERGER; OR (F) APPROVE A SALE, LEASE, EXCHANGE, OR OTHER DISPOSITION OF ALL, OR SUBSTANTIALLY ALL, OF THE CORPORATION'S PROPERTY. THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE ELECTED ANNUALLY IMMEDIATELY FOLLOWING THE ELECTION OF OFFICERS AT EACH ANNUAL MEETING, AND SHALL HOLD OFFICE AT THE PLEASURE OF THE BOARD UNTIL NEXT ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED INTERNALLY BY THE ORGANIZATION'S MANAGEMENT AND THEN REVIEWED BY THE BOARD OF TRUSTEES BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C IN THE EVENT ANY TRUSTEE HAS A CONFLICT OF INTEREST THAT MIGHT PROPERLY LIMIT SUCH TRUSTEE'S FAIR AND IMPARTIAL PARTICIPATION IN BOARD DELIBERATIONS OR DECISIONS, SUCH TRUSTEE SHALL INFORM THE BOARD AS TO THE CIRCUMSTANCES OF SUCH CONFLICT. IF THOSE CIRCUMSTANCES REQUIRE THE NONPARTICIPATION OF THE AFFECTED TRUSTEE, THE BOARD MAY NONETHELESS REQUEST FROM THE TRUSTEE ANY APPROPRIATE NON-CONFIDENTIAL INFORMATION, WHICH MIGHT INFORM ITS DECISIONS. "CONFLICT OF INTEREST", AS REFERRED TO HEREIN, SHALL INCLUDE BUT SHALL NOT BE LIMITED TO, ANY TRANSACTION BY OR WITH THE CORPORATION IN WHICH A TRUSTEE (OR ANY AFFILIATE OF THE TRUSTEE) HAS A DIRECT OR INDIRECT PERSONAL INTEREST, OR ANY TRANSACTION IN WHICH A TRUSTEE IS UNABLE TO EXERCISE IMPARTIAL JUDGMENT OR OTHERWISE ACT IN THE BEST INTEREST OF THE CORPORATION. NO TRUSTEE SHALL CAST A VOTE, NOR TAKE PART IN THE FINAL DELIBERATION IN ANY MATTER IN WHICH HE OR SHE, MEMBERS OF HIS OR HER IMMEDIATE FAMILY, OR ANY ORGANIZATION TO WHICH TRUSTEE HAS ALLEGIANCE, HAS A PERSONAL INTEREST THAT MAY BE SEEN AS COMPETING WITH THE INTEREST OF KENT DENVER. ANY TRUSTEE WHO BELIEVES HE OR SHE MAY HAVE SUCH A CONFLICT OF INTEREST SHALL NOTIFY THE BOARD PRIOR TO DELIBERATION ON THE MATTER IN QUESTION, AND THE DISINTERESTED VOTING TRUSTEE SHALL MAKE THE FINAL DETERMINATION AS TO WHETHER ANY TRUSTEE HAS A CONFLICT OF INTEREST IN ANY MATTER. THE MINUTES OF THE BOARD MEETING SHALL REFLECT DISCLOSURE OF ANY CONFLICT OF INTEREST AND THE RECUSAL OF THE INTERESTED TRUSTEE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS A COMPENSATION COMMITTEE THAT REVIEWS THE SALARY OF THE HEAD OF SCHOOL AND THE ASSOCIATE HEAD OF SCHOOL. BENCHMARK DATA IS GATHERED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS WEBSITE FOR COMPENSATION INFORMATION FOR SIMILAR POSITIONS AT LIKE INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA ITS WEBSITE AND ALSO UPON REQUEST.