Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
990 • Fiscal year 2014 • EIN 06-1703957
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
Liabilities / Revenue
55th percentile
Higher debt load relative to revenue than 55% of similar nonprofits.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
16th percentile
Higher top officer pay than 16% of similar nonprofits.
Top officer pay equals 0.5% of source-year revenue.
Asset Growth
39th percentile
Faster asset growth than 39% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Assets
Up$6,916,086
Up $52,214 (+0.8%) from 2013
Net Assets
Down$1,973,209
Down $1,090,786 (-36%) from 2013
Liabilities
Up$4,942,877
Up $1,143,000 (+30%) from 2013
Revenue
Down$16,370,163
Down $11,275,644 (-41%) from 2013
Expenses
Down$17,460,949
Down $10,156,321 (-37%) from 2013
Net Income
Down-$1,090,786
Down $1,119,323 (-3922%) from 2013
To engage and inspire all students to innovate, achieve, and succeed in a safe, supportive and high quality educational environment.
The colorado virtual academy gives colorado kids in grades k-12 the chance to learn in the ways that are right for them.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $6,809,510 | $6,683,674 | ▼ $125,836 |
| Accounts Receivable | - | $135,119 | - |
| Cash and Non-Interest-Bearing Accounts | $45,000 | $45,000 | → $0 |
| Land, Buildings, and Equipment, Net | $9,362 | $31,115 | ▲ $21,753 |
| Prepaid Expenses and Deferred Charges | - | $21,178 | - |
| Total Assets | $6,863,872 | $6,916,086 | ▲ $52,214 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $3,575,220 | $4,912,513 | ▲ $1,337,293 |
| Other Liabilities | $224,657 | $30,364 | ▼ $194,293 |
| Total Liabilities | $3,799,877 | $4,942,877 | ▲ $1,143,000 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $1,073,832 | $1,184,980 | ▲ $111,148 |
| Temporarily Rstr Net Assets | $1,990,163 | $788,229 | ▼ $1,201,934 |
| Total Net Assets Fund Balance | $3,063,995 | $1,973,209 | ▼ $1,090,786 |
| Total Liabilities and Net Assets / Fund Balance | $6,863,872 | $6,916,086 | ▲ $52,214 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $27,667 | $5,533 | $33,200 |
| Equipment | $3,448 | $14,293 | $17,741 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Ron Benton | CEO | FT | $60,000 | $15,379 | $75,379 |
| Name | Title |
|---|---|
| Brian Bissell | President |
| Dave Foster | Director |
| Lew Taylor | Director |
| Caitlin Alexander | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| K-12 Inc | Management Services | - | $11,651,728 |
| Line Item | Amount |
|---|---|
| Other Expenses | $13,617,752 |
| Salaries, Compensation, and Employee Benefits | $3,843,197 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $8,596,548 | $3,406,683 | - | $12,003,231 |
| Other Salaries and Wages | $2,561,173 | $314,682 | - | $2,875,855 |
| Other Employee Benefits | $725,267 | $166,696 | - | $891,963 |
| Fees for Services Legal | - | $457,475 | - | $457,475 |
| Information Technology | $270,005 | - | - | $270,005 |
| All Other Expenses | - | $147,149 | - | $147,149 |
| Insurance | $101,361 | $27,212 | - | $128,573 |
| Occupancy | - | $102,096 | - | $102,096 |
| Travel | $87,107 | - | - | $87,107 |
| Current Officers, Directors, Trustees, and Key Employees | $60,303 | $15,076 | - | $75,379 |
| Other Expenses | $57,985 | $52,730 | - | $52,730 |
| Depreciation Depletion | - | $11,448 | - | $11,448 |
| Office Expenses | - | $3,359 | - | $3,359 |
| Total Functional Expenses | $12,663,582 | $4,797,367 | $0 | $17,460,949 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $17,460,949 |
| Expenses per Audited Statements | $16,812,640 |
| Total Expenses per Audited Statements | $16,812,640 |
| Expenses Not Reported on Financial Statements | $648,309 |
| Other Expense Adjustments | $648,309 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Reserve for State Equalization Payable | $30,364 |
“All of our board members are also directors or officers of other schools and/or are engaged in businesses related to or compatible with the education and youth services industries. As such, they frequently conduct business with each other and on the same terms and conditions as they conduct business with others.”
“The organization delegates control over management duties to k12, inc.”
“The treasurer reviews the form 990 in detail. The board members are provided a copy and asked to review and provide feedback before filing.”
“Annually, any conflicts are written in a disclosure statement and signed and kept on file.”
“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”
“The organization's payroll is paid by adams 12 five star schools who issues the w-2's. Since the organization does not issue any w-2's, it has reported 0 on line 2a.”
“Professional and technical services: program service expenses 1,777,796. Management and general expenses 18,310. Fundraising expenses 0. Total expenses 1,796,106. Professional educational services: program service expenses 6,811,270. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,811,270. Other services: program service expenses 7,482. Management and general expenses 147,283. Fundraising expenses 0. Total expenses 154,765. Professional administrative services: program service expenses 0. Management and general expenses 3,241,090. Fundraising expenses 0. Total expenses 3,241,090.”
“Operating grants reported as reduction in expenses on financial statements 648,309.”
“Operating grants reported as reduction in expenses on financial statements 648,309.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 3575220 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 4912513 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 135119 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE COLORADO VIRTUAL ACADEMY GIVES COLORADO KIDS IN GRADES K-12 THE CHANCE TO LEARN IN THE WAYS THAT ARE RIGHT FOR THEM. |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 147149 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 147149 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1 | 0 | CAITLIN ALEXANDER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7203065004 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 1526 COLE STREET STE 200 |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | LAKEWOOD |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | CO |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 80401 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 45000 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 45000 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 15076 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 60303 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 75379 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 11651728 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1 | 0 | 2300 CORPORATE PARK DRIVE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City | 0 | HERNDON |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State | 0 | VA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode | 0 | 20171 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1 | 0 | K-12 INC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | MANAGEMENT SERVICES |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 16361844 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 8319 |
| IRS990/CYOtherExpensesAmt | 0 | 13617752 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -1090786 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 3843197 |
| IRS990/CYTotalExpensesAmt | 0 | 17460949 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 16370163 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 11448 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 11448 |
| IRS990/Desc | 0 | THE COLORADO VIRTUAL ACADEMY USES THE K12 CURRICULUM TO OFFER COLORADO STUDENTS IN GRADES K-12 AN EXCEPTIONAL LEARNING EXPERIENCE. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DoingBusinessAsName/BusinessNameLine1 | 0 | COLORADO VIRTUAL ACADEMY |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 12663582 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 457475 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 457475 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 3406683 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 8596548 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 12003231 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 8.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 15379 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CAITLIN ALEXANDER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DAVE FOSTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | BRIAN BISSELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LEW TAYLOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | RON BENTON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 60000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2008 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GovernmentGrantsAmt | 0 | 16361844 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 16370163 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartVInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 270005 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 270005 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 27212 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 101361 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 128573 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 8319 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 8319 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 19826 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 9362 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 31115 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 50941 |
| IRS990/LegalDomicileStateCd | 0 | CO |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO ENGAGE AND INSPIRE ALL STUDENTS TO INNOVATE, ACHIEVE, AND SUCCEED IN A SAFE AND SUPPORTIVE ENVIRONMENT BY ENSURING HIGH QUALITY INSTRUCTION IN EVERY CLASSROOM, EVERY DAY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3063995 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1973209 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 102096 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 102096 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3359 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 3359 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 166696 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 725267 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 891963 |
| IRS990/OtherExpensesGrp/Desc | 0 | PUPIL SERVICES |
| IRS990/OtherExpensesGrp/Desc | 1 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 2 | MILEAGE REIMBURSEMENT |
| IRS990/OtherExpensesGrp/Desc | 3 | TELEPHONE/FAX |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 92761 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 52730 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 203833 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 57985 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 203833 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 92761 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 57985 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 52730 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 224657 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 30364 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 314682 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 2561173 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 2875855 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 21178 |
| IRS990/PrincipalOfficerNm | 0 | CAITLIN ALEXANDER |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 27637635 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 8172 |
| IRS990/PYOtherExpensesAmt | 0 | 21809998 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 28537 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 5807272 |
| IRS990/PYTotalExpensesAmt | 0 | 27617270 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 27645807 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -1090786 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 6809510 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 6683674 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 3448 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 14293 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 17741 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 648309 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 16812640 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 648309 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 27667 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 5533 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 33200 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 30364 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | RESERVE FOR STATE EQUALIZATION PAYABLE |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | 648309 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 648309 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 15721854 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | OPERATING GRANTS REPORTED AS REDUCTION IN EXPENSES ON FINANCIAL STATEMENTS 648,309. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | OPERATING GRANTS REPORTED AS REDUCTION IN EXPENSES ON FINANCIAL STATEMENTS 648,309. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART XI, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 31115 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 17460949 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 30364 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 16370163 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 15721854 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 16812640 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 1 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | TELEVISION, RADIO AND NEWSPAPERS. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | COVCS, INC. RECEIVES MONIES FROM ADAMS 12 FIVE STAR SCHOOL DISTRICT. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, PART I, LINE 6 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION'S PAYROLL IS PAID BY ADAMS 12 FIVE STAR SCHOOLS WHO ISSUES THE W-2'S. SINCE THE ORGANIZATION DOES NOT ISSUE ANY W-2'S, IT HAS REPORTED 0 ON LINE 2A. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ALL OF OUR BOARD MEMBERS ARE ALSO DIRECTORS OR OFFICERS OF OTHER SCHOOLS AND/OR ARE ENGAGED IN BUSINESSES RELATED TO OR COMPATIBLE WITH THE EDUCATION AND YOUTH SERVICES INDUSTRIES. AS SUCH, THEY FREQUENTLY CONDUCT BUSINESS WITH EACH OTHER AND ON THE SAME TERMS AND CONDITIONS AS THEY CONDUCT BUSINESS WITH OTHERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION DELEGATES CONTROL OVER MANAGEMENT DUTIES TO K12, INC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE TREASURER REVIEWS THE FORM 990 IN DETAIL. THE BOARD MEMBERS ARE PROVIDED A COPY AND ASKED TO REVIEW AND PROVIDE FEEDBACK BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ANNUALLY, ANY CONFLICTS ARE WRITTEN IN A DISCLOSURE STATEMENT AND SIGNED AND KEPT ON FILE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | PROFESSIONAL AND TECHNICAL SERVICES: PROGRAM SERVICE EXPENSES 1,777,796. MANAGEMENT AND GENERAL EXPENSES 18,310. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,796,106. PROFESSIONAL EDUCATIONAL SERVICES: PROGRAM SERVICE EXPENSES 6,811,270. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,811,270. OTHER SERVICES: PROGRAM SERVICE EXPENSES 7,482. MANAGEMENT AND GENERAL EXPENSES 147,283. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 154,765. PROFESSIONAL ADMINISTRATIVE SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,241,090. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,241,090. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 5, LINE 2A: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART IX, LINE 11G |
| IRS990/SchoolOperatingInd | 0 | 1 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 1990163 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 788229 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 6863872 |
| IRS990/TotalAssetsEOYAmt | 0 | 6916086 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 6863872 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 6916086 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 16361844 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 4797367 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 12663582 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 17460949 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 3799877 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 4942877 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 3799877 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 4942877 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 3063995 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1973209 |
| IRS990/TotalOtherCompensationAmt | 0 | 15379 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 12663582 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 60000 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 8319 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 16370163 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 5 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 6863872 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 6916086 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 87107 |
| IRS990/TravelGrp/TotalAmt | 0 | 87107 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 1073832 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 1184980 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1 | 0 | 1526 COLE BLVD NO 200 |
| IRS990/USAddress/City | 0 | LAKEWOOD |
| IRS990/USAddress/State | 0 | CO |
| IRS990/USAddress/ZIPCode | 0 | 80401 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | WWW.COLORADOVIRTUALACADEMY.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CAITLIN ALEXANDER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3032554650 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-05-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | COVCS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | COVC |
| ReturnHeader/Filer/EIN | 0 | 061703957 |
| ReturnHeader/Filer/PhoneNum | 0 | 8663396814 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 1526 COLE BLVD NO 200 |
| ReturnHeader/Filer/USAddress/City | 0 | LAKEWOOD |
| ReturnHeader/Filer/USAddress/State | 0 | CO |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 80401 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 410746749 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | CLIFTON GUNDERSON LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 8390 E CRESCENT PARKWAY SUITE 600 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | GREENWOOD VILLAGE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | CO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 80111 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3037795710 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | VE SHOUP CPA |
| ReturnHeader/ReturnTs | 0 | 2015-05-28T10:52:32-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-06-30 |
| ReturnHeader/TaxYr | 0 | 2013 |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.