NAROPA UNIVERSITY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- NAROPA UNIVERSITY (EIN 84-1029228)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-04-25
- IRS object ID
- 201211169349300426
- Schema version
- 2010v3.4
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-04-25T12:55:45-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 972 Emerson Parkway Ste A | AddressLine1 |
| City | Greenwood | City |
| State | IN | State |
| ZIP Code | 46143 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841029228 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Naropa University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NARO | NameControl |
| Phone | 3034440202 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2130 Arapahoe Ave | AddressLine1 |
| City | Boulder | City |
| State | CO | State |
| ZIP Code | 80302 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Charles Lief | Name |
| Title | Board Chairman | Title |
| Phone | 3034440202 | Phone |
| Date Signed | 2012-04-25 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Dave Moja | Name |
| Phone | 3178852620 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Stuart Lord | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2130 Arapahoe Ave | AddressLine1 |
| City | Boulder | City |
| State | CO | State |
| ZIP Code | 80302 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 26470589 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.naropa.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1974 | YearFormation |
| State Legal Domicile | CO | StateLegalDomicile |
| Activity Or Mission Description | Naropa University is North America's leading institution of contemplative education. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 24 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 24 | NbrIndependentVotingMembers |
| Total Nbr Employees | 889 | TotalNbrEmployees |
| Total Nbr Volunteers | 26 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1087173 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1037862 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 21219101 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 22934832 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 245532 | InvestmentIncomePriorYear |
| Investment Income Current Year | -338737 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 124698 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 22676504 | TotalRevenuePriorYear |
| Total Revenue Current Year | 23633957 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3974618 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3979141 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 12392638 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11500335 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 20504 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 45638 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 802246 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6209850 | OtherExpensePriorYear |
| Other Expenses Current Year | 7234800 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 22597610 | TotalExpensesPriorYear |
| Total Expenses Current Year | 22759914 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 78894 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 874043 | RevenuesLessExpensesCY |
| Total Assets BOY | 31488994 | TotalAssetsBOY |
| Total Assets EOY | 32876943 | TotalAssetsEOY |
| Total Liabilities BOY | 15130263 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 14948518 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 16358731 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 17928425 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Naropa recognizes the inherent goodness and wisdom of each human being. It educates the whole person, cultivating academic excellence and contemplative insight in order to infuse knowledge with wisdom. The university nurtures in its students a lifelong joy in learning, a critical intellect, the sense of purpose that accompanies compassionate service to the world, and the openness and equanimity that arise from authentic insight and self-understanding. Ultimately, Naropa students explore the inner resources needed to engage courageously with a complex and challenging world, to help transform that world through skill and compassion, and to attain deeper levels of happiness and meaning in their lives.Drawing on the vital insights of the world's wisdom traditions, the University is simultaneously Buddhist-inspired. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 18387540 | Expense |
| Grants | 3938069 | Grants |
| Revenue | 22478239 | Revenue |
| Description | The University offers undergraduate, graduate, and continuing education programs, in arts, social sciences, and the humanities. It is accredited by the North Central Association of Colleges and Schools. There are 1,210 graduate and undergraduate students. We offer 11 undergraduate programs and 6 graduate programs. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 437577 | Expense |
| Grants | 41072 | Grants |
| Revenue | 456593 | Revenue |
| Description | Alaya Preschool operates as a preschool and child care facility serving children and their families in the greater Boulder area. As part of Naropa University, Alaya Preschool operates as a lab school serving students in Naropas Early Childhood and Contemplative Education Programs. Alaya is licensed by the Colorado Department of Human Services, Division of Child Care and serves approximately 60 families. Financial support is provided for some families through scholarships for tuition assistance. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 18825117 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 166 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 889 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 1 | NonDeductibleContributions |
| Non Deductible Disclosure | 1 | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 24 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 24 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Organization | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3034440202 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2130 Arapahoe Ave | AddressLine1 |
| City | Boulder | City |
| State | CO | State |
| ZIP Code | 80302 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (26 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Martin Janowitz | |||||||
| Chairman (July 2010- May 2011) | 3.00 | X | X | 0 | 0 | 0 | |
| John Bennet | |||||||
| Vice Chair | 3.00 | X | X | 0 | 0 | 0 | |
| Judith Lief | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Lynne Katzmann | |||||||
| Secretary | 3.00 | X | X | 0 | 0 | 0 | |
| Andrew Schelling | |||||||
| Faculty Trustee | 40.00 | X | 49901 | 0 | 0 | ||
| John Baker | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Andrew Davison | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Gabrielle Edison | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Margery Goldman | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Jerry Colonna | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Thomas Hast | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Christopher Hormel | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Pamela Krasney | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Vijay Singh | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Laura Rendon | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Arbie Thalacker | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Todd Woloson | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Charles Lief | |||||||
| Chairman (Effective 6/1/11) | 3.00 | X | X | 0 | 0 | 0 | |
| Nathan Snyder | |||||||
| Student Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Jan Willis | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Carolyn Jacobs | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Sakyong Mipham Rinpoche | |||||||
| Trustee & Lineage Holder | 3.00 | X | 0 | 0 | 0 | ||
| Jim Rosen | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Brooks Witter | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Stuart Lord | |||||||
| President | 40.00 | X | 181345 | 0 | 676 | ||
| Stuart Sigman | |||||||
| Vice President | 40.00 | 110765 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 342011 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 676 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Jenzabar | |||||
| PO Box 845939 | Boston | MA | 02284 | System management | 801251 |
| Scriven Sammis LLC | |||||
| 13673 W Bates Ave | Lakewood | CO | 80228 | Consultants | 299562 |
| Jackson Kelly PLLC | |||||
| 1099 18th Street | Denver | CO | 80202 | Legal | 288531 |
| Holland & Hart LLP | |||||
| 555 17th Street | Denver | CO | 80202 | Legal | 189633 |
| Noel-Levitz Centers | |||||
| 2350 Oakdale Bldv | Coralville | IA | 52241 | Consultants | 167170 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
| Government Grants | 401391 | GovernmentGrants |
| All Other Contributions | 636471 | AllOtherContributions |
| Noncash Contributions | 84557 | NoncashContributions |
| Total Contributions | 1037862 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition & fees | 611710 | 21548546 | 21548546 |
| Auxiliary-Housing | 611710 | 500074 | 500074 |
| Auxiliary-PreSchool | 611710 | 456593 | 456593 |
| Other program revenue | 611710 | 429619 | 429619 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 22934832 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 103614 | TotalRevenueColumn |
| Exclusion | $103,614 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2392281 | Securities |
| Other | 2000 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2364460 | Securities |
| Other | 472172 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 27821 | Securities |
| Other | -470172 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -442351 | TotalRevenueColumn |
| Exclusion | -$442,351 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 23633957 | TotalRevenueColumn |
| Related Or Exempt Function Income | 22934832 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$338,737 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3979141 | Total |
| Program Services | 3979141 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 181346 | Total |
| Management And General | 126942 | ManagementAndGeneral |
| Fundraising | 54404 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9549050 | Total |
| Program Services | 8465074 | ProgramServices |
| Management And General | 727869 | ManagementAndGeneral |
| Fundraising | 356107 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 168912 | Total |
| Program Services | 152215 | ProgramServices |
| Management And General | 10396 | ManagementAndGeneral |
| Fundraising | 6301 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 835453 | Total |
| Program Services | 691154 | ProgramServices |
| Management And General | 91918 | ManagementAndGeneral |
| Fundraising | 52381 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 765574 | Total |
| Program Services | 656977 | ProgramServices |
| Management And General | 71957 | ManagementAndGeneral |
| Fundraising | 36640 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 299562 | Total |
| Management And General | 299562 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 490655 | Total |
| Management And General | 490655 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 123101 | Total |
| Management And General | 123101 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45638 | Total |
| Fundraising | 45638 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19782 | Total |
| Management And General | 19782 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 766119 | Total |
| Program Services | 498782 | ProgramServices |
| Management And General | 249963 | ManagementAndGeneral |
| Fundraising | 17374 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 395758 | Total |
| Program Services | 393654 | ProgramServices |
| Management And General | 1698 | ManagementAndGeneral |
| Fundraising | 406 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 208539 | Total |
| Program Services | 156132 | ProgramServices |
| Management And General | 24629 | ManagementAndGeneral |
| Fundraising | 27778 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 737958 | Total |
| Program Services | 597927 | ProgramServices |
| Management And General | 111450 | ManagementAndGeneral |
| Fundraising | 28581 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 699987 | Total |
| Program Services | 621461 | ProgramServices |
| Management And General | 65085 | ManagementAndGeneral |
| Fundraising | 13441 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 554282 | Total |
| Program Services | 362114 | ProgramServices |
| Management And General | 133231 | ManagementAndGeneral |
| Fundraising | 58937 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101354 | Total |
| Program Services | 69095 | ProgramServices |
| Management And General | 24088 | ManagementAndGeneral |
| Fundraising | 8171 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 553548 | Total |
| Program Services | 508069 | ProgramServices |
| Management And General | 40460 | ManagementAndGeneral |
| Fundraising | 5019 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 665503 | Total |
| Program Services | 600351 | ProgramServices |
| Management And General | 57962 | ManagementAndGeneral |
| Fundraising | 7190 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Miscellaneous | 922435 | 528450 | 329865 | 64120 |
| Equipment & maintenance | 417579 | 314533 | 97931 | 5115 |
| Subscriptions | 120260 | 83394 | 24110 | 12756 |
| Supplies | 94092 | 89407 | 3731 | 954 |
| Equipment rentals | 64286 | 57187 | 6166 | 933 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22759914 | Total |
| Program Services | 18825117 | ProgramServices |
| Management And General | 3132551 | ManagementAndGeneral |
| Fundraising | 802246 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 4540241 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4746034 | BOY |
| EOY | 4338081 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 526628 | BOY |
| EOY | 324026 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 875524 | BOY |
| EOY | 483691 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 569233 | BOY |
| EOY | 510559 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 450839 | BOY |
| EOY | 461075 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 22900566 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 5529217 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18116672 | BOY |
| EOY | 17371349 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2297232 | BOY |
| EOY | 17245 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3906832 | BOY |
| EOY | 4830676 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31488994 | BOY |
| EOY | 32876943 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2017533 | BOY |
| EOY | 1749649 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 341142 | BOY |
| EOY | 457730 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11390000 | BOY |
| EOY | 11190000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1381588 | BOY |
| EOY | 1551139 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15130263 | BOY |
| EOY | 14948518 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13431230 | BOY |
| EOY | 14924156 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1492331 | BOY |
| EOY | 1475951 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1435170 | BOY |
| EOY | 1528318 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16358731 | BOY |
| EOY | 17928425 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31488994 | BOY |
| EOY | 32876943 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 874043 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 695651 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3906832 | BeginningOfYearBalance |
| Contributions | 264499 | Contributions |
| Investment Earnings Or Losses | 712871 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 53526 | GrantsOrScholarships |
| End Of Year Balance | 4830676 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3029444 | BeginningOfYearBalance |
| Contributions | 342419 | Contributions |
| Investment Earnings Or Losses | 595575 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 60606 | GrantsOrScholarships |
| End Of Year Balance | 3906832 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4157674 | BeginningOfYearBalance |
| Contributions | 4828 | Contributions |
| Investment Earnings Or Losses | 120454 | InvestmentEarningsOrLosses |
| Administrative Expenses | 1253512 | AdministrativeExpenses |
| End Of Year Balance | 3029444 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.60000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.40000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6061975 | OtherCostOrOtherBasis |
| Book Value | 6061975 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14336178 | OtherCostOrOtherBasis |
| Depreciation | 3533014 | Depreciation |
| Book Value | 10803164 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1109402 | OtherCostOrOtherBasis |
| Depreciation | 1008477 | Depreciation |
| Book Value | 100925 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1393011 | OtherCostOrOtherBasis |
| Depreciation | 987726 | Depreciation |
| Book Value | 405285 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 17371349 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Endowment Assets | Description |
| Book Value | 4830676 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 4830676 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Swap agreement | $993,888 |
| Student deposits held | $37,269 |
| Perkins funds payable | $519,982 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1551139 | TotalOfAmounts |
| Total Revenue | 23633957 | TotalRevenue |
| Total Expenses | 22759914 | TotalExpenses |
| Excess Or Deficit For Year | 874043 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 641229 | NetUnrealizedGLOnInvestments |
| Other | $54,422 | OtherAmount |
| Total Adjustments | 695651 | TotalAdjustments |
| Excess Or Deficit Per FS | 1569694 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 20350467 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 641229 | NetUnrealizedGainsInvestments |
| Other Revenues | 54422 | OtherRevenues |
| Revenue Not Rptd F990 | 695651 | RevenueNotRptdF990 |
| Revenue Subtotal | 19654816 | RevenueSubtotal |
| Other Revenues Not Included | 3979141 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 3979141 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 23633957 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 18780773 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 18780773 | ExpensesSubtotal |
| Other Expenses Not Included | 3979141 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 3979141 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 22759914 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Intended Use of Endowment Funds: | Part V, Line 4: | Each year, the University can use up to 5% of earnings from endowment funds for scholarships. |
| Description of Uncertain Tax Positions Under FIN 48: | Part X: | The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of June 30, 2011, the University had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. |
| Part XI, Line 8 - Other Adjustments: | Change in swap agreements 54,422. | |
| Part XII, Line 2d - Other Adjustments: | Change in swap agreement 54,422. | |
| Part XII, Line 4b - Other Adjustments: | Scholarships & grants netted with tuition revenue per financial statements 3,979,141. | |
| Part XIII, Line 4b - Other Adjustments: | Scholarships & grants netted with tuition revenue per financial statements 3,979,141. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Explanation of Nondiscriminatory Policy Publication | Schedule E, Part I, Line 3 | It's published on our admissions application and other places on our website. |
| Explanation of Document Retention | Schedule E, Part I, Line 4 | We offer student loans through government programs such as Pell, Stafford, Perkins, and Direct Loans. We also have student workers and we receive a subsidy from the government to offset a portion of their compensation. |
| Explanation of Government Financial Assistance | Schedule E, Part I, Line 6 | We offer student loans through government programs such as Pell, Stafford, Perkins, and Direct Loans. We also have student workers and we receive a subsidy from the government to offset a portion of their compensation. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Collegiate Enterprise Solutions | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 Centennial Drive | AddressLine1 |
| City | Peabody | City |
| State | MA | State |
| ZIP Code | 01960 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Fundraising Consultant | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 44888 | AmountRetainedByContractor |
| Net To Organization | -44888 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 44888 | TotalRetainedByContractors |
| Total Net To Organization | -44888 | TotalNetToOrganization |
| Licensed States | CO | LicensedStates |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Scholarships, tuition discounts, student aid. | 944 | 3924043 |
| Alaya Pre-school financial need based assistance. | 13 | 55098 |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Procedure for Monitoring Grants in the U.S.: | Part I, Line 2: | Schedule I, Part I, Line 2: The financial aid office monitors students adherence to academic scholarship requirements such as GPA and satisfactory academic progress. |
| Other Information: | Part IV: | Alaya Preschool has 10 children who receive some shcolarship support in the form of tuition reduction in addition to 5 children that received support via CCCAP (Colorado Child Care Assistance Program). This is a state funded program for low income families. We do not get fully reimbursed for the regular cost of care so we scholarship a difference for these families. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Stuart Lord | NamePerson |
| Base Compensation Filing Org | 181345 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 676 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 182021 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Colorado Education and Cultural Facilities Authority | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 840896727 | IssuerEIN |
| CUSIP Number | 196458J87 | CUSIPNumber |
| Date Issued | 2005-08-04 | DateIssued |
| Issue Price | 6740000 | IssuePrice |
| Description Of Purpose | University Capital Expenditure Projects | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 200000 | AmountRetired |
| Refunding Escrow | 5727747 | RefundingEscrow |
| Issuance Costs From Proceeds | 134800 | IssuanceCostsFromProceeds |
| Credit Enhancement | 64051 | CreditEnhancement |
| Capital Expenditures | 813402 | CapitalExpenditures |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 0 | BondCounselRoutinelyEngaged |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 0 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wells Fargo Bank | BusinessNameLine1 |
| Business Name Line2 | NA | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 10.000000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 56625 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Fair market value | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 26753 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Stock market price | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Equipment | 2 | 1000 | Thrift store value |
| X | Carpet | 1 | 179 | Thrift store value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Method for Determining Number of Contributors: | Identifier |
| Return Reference | Part I, Column (b): | ReturnReference |
| Explanation | The number of contributors represent the number of donors. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | Charles Lief, trustee, and Judith Lief, trustee, are both husband and wife. | |
| Form 990, Part VI, Section A, line 3 | The University's former vice president for business and finance concluded her employment in the prior tax year. Accordingly, the University retained a company to provide the business and finance duties on an interim basis until a permanent replacement is hired. | |
| Form 990, Part VI, Section B, line 11 | The Form 990 was prepared by an independent CPA firm and reviewed by the organization's top management. The reviewed Form 990 was then forwarded to the organization's Board of Direcotrs for review prior to filing. | |
| Board members are required to disclose conflicts of interest annually. | Form 990, Part VI, Section B, line 12c | |
| The salaries for the president, vice presidents and other high ranking employees are set by the Board in conjunction with the HR department and president. Board members involved will usually include the Chairman of the Board, the chair of the budget and finance committee, and members of the executive committee of the board. HR uses CUPA (College and University personnel Association) to get comparable salary information for similar positions at schools with similar size and revenue. The deliberations and decisions are documented in the board minutes. | Form 990, Part VI, Section B, line 15 | |
| The governing documents, conflict of interest policy, and financial statements are available upon request. | Form 990, Part VI, Section C, line 19 | |
| Changes in Net Assets or Fund Balances: | Net unrealized gains on investments: 641,229. Change in swap agreements 54,422. Total to Form 990, Part XI, Line 5: 695,651. | Form 990, Part XI, line 5: |
| EXPLANATION OF RESPONSIBILITY | The Budget & Finance committee assumes the oversight of the audit of the financial statements and selection of an independent accountant. This process has not changed since the prior year. | Form 990, Part XII, Line 2c |
| Explanation of large loss | The loss is associated with adjusting the fixed assets to actual whereby the assets that were written off were either no longer in use, the estimated useful life were less than expected, the assets did not meet the existing cap policy, or the assets were updated and the existing renovations were no longer being used. Further, most of these assets were not sold but represent an adjustment to actual. The assets were not sold to interested parties either. | Form 990, Part VIII, Line 7c, Column (ii) |