Civic Intelligence

Pikes Peak Prep

990 • Fiscal year 2016 • EIN 20-2498520

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 14, 2017

Organization Profilewww.pikespeakprep.org
525 E Costilla StColorado Springs, CO 80903

(719) 570-7575

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

4.51x

Higher debt load relative to assets than 99% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

1.70x

Higher debt load relative to revenue than 89% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

49th percentile

1.7%

Higher net margin than 49% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

91st percentile

49%

Faster asset growth than 91% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

43rd percentile

0.4%

Faster revenue growth than 43% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$1,102,402

Up $361,153 (+49%) from 2015

Net Assets

Down

-$3,873,448

Down $234,141 (-6.4%) from 2015

Liabilities

Up

$4,975,850

Up $595,294 (+14%) from 2015

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin49th percentile

Revenue

Up

$2,925,416

Up $12,287 (+0.4%) from 2015

Expenses

Up

$2,874,914

Up $49,652 (+1.8%) from 2015

Net Income

Down

$50,502

Down $37,365 (-43%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0-$5.0M-$10MAssets 2011: $406,223Liabilities 2011: $874,475Net Assets 2011: -$468,2522011Assets 2012: $300,045Liabilities 2012: $844,705Net Assets 2012: -$544,6602012Assets 2013: $393,330Liabilities 2013: $939,535Net Assets 2013: -$546,2052013Assets 2014: $446,680Liabilities 2014: $936,623Net Assets 2014: -$489,9432014Assets 2015: $741,249Liabilities 2015: $4,380,556Net Assets 2015: -$3,639,3072015Assets 2016: $1,102,402Liabilities 2016: $4,975,850Net Assets 2016: -$3,873,4482016Assets 2017: $3,637,327Liabilities 2017: $8,794,025Net Assets 2017: -$5,156,6982017

Highlighted filing

2016

Assets$1,102,402
Liabilities$4,975,850
Net Assets-$3,873,448
Open 2016 Filing

Operations Trend

Revenue Growth43rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,233,152Expenses 2011: $2,206,679Net Income 2011: $26,4732011Expenses 2012: $2,138,1002012Expenses 2013: $2,550,7712013Revenue 2014: $2,704,404Expenses 2014: $2,648,142Net Income 2014: $56,2622014Revenue 2015: $2,913,129Expenses 2015: $2,825,262Net Income 2015: $87,8672015Revenue 2016: $2,925,416Expenses 2016: $2,874,914Net Income 2016: $50,5022016Revenue 2017: $2,697,836Expenses 2017: $2,794,265Net Income 2017: -$96,4292017

Highlighted filing

2016

Revenue$2,925,416
Expenses$2,874,914
Net Income$50,502
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$2,925,416
Mission and Program Overview

Mission

The mission of pikes peak prep is to provide a comprehensive educational experience to students in colorado springs, utilizing innovative methods of instruction designed to produce excellence in educational achievement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$345,261$263,328▼ $81,933
Cash and Non-Interest-Bearing Accounts$41,867$181,881▲ $140,014
Savings and Temporary Cash Investments$60,360$60,427▲ $67
Land, Buildings, and Equipment, Net$52,523$35,012▼ $17,511
Prepaid Expenses and Deferred Charges$75,639$32,226▼ $43,413
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Rtn Earn Endowment Incm Other Fnds$-3,639,307$-3,873,448▼ $234,141
Total Assets$741,249$1,102,402▲ $361,153
Other Assets Total$165,599$529,528▲ $363,929
Liabilities
Other Liabilities$3,402,830$4,051,402▲ $648,572
Unsecured Notes Loans Payable$798,629$793,542▼ $5,087
Accounts Payable and Accrued Expenses$179,097$130,906▼ $48,191
Total Liabilities$4,380,556$4,975,850▲ $595,294
Net Assets / Fund Balance
Total Net Assets Fund Balance$-3,639,307$-3,873,448▼ $234,141
Total Liabilities and Net Assets / Fund Balance$741,249$1,102,402▲ $361,153

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$35,012$624,239$659,251
Other Assets Org$529,528--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Wayne ArtisChairman
Barbara WinterVice Chair
Gary FefferDirector
Shawn ThompsonSecretary/Treas

Highest Paid Contractors

ContractorServicesLocationCompensation
Geo FoundationManagement1630 N MERIDIAN ST 350, Indianapolis, IN 46202$174,996
Revenue and Support

Revenue Composition

Contributions and Grants
$513,609
Program Service Revenue
$2,408,111
Investment Income
$0
Other Revenue
$3,696
All Other Contributions
$334,708
Change in Net Assets
$50,502

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,925,416
Total Revenue per Audited Statements
$2,925,416
Total Revenue per Form 990
$2,925,416
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,528,182
Other Expenses$1,346,732
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$954,309$238,577-$1,192,886
Occupancy$331,060$82,765-$413,825
Pension Plan Contributions$167,727$41,932-$209,659
Fees for Services Management$139,997$34,999-$174,996
Information Technology$116,728--$116,728
Fees for Services Other$108,430$714-$109,144
Other Employee Benefits$79,320$19,830-$99,150
Advertising-$53,792-$53,792
Office Expenses$37,362$9,341-$46,703
Insurance$33,055$8,264-$41,319
Depreciation Depletion$29,815--$29,815
Payroll Taxes$21,190$5,297-$26,487
All Other Expenses$15,095$618-$15,713
Other Expenses$13,542$8-$13,550
Travel$7,598$1,899-$9,497
Fees for Services Accounting-$8,458-$8,458
Fees for Services Legal-$6,750-$6,750
Interest-$147-$147
Total Functional Expenses$2,332,808$542,106$0$2,874,914

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,874,914
Total Expenses per Audited Statements$2,869,883
Expenses per Audited Statements$2,845,099
Expenses Not Reported on Financial Statements$29,815
Other Expense Adjustments$29,815
Expenses Not Reported on Form 990$24,784
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$3,996,168
Deferred Inflows of Resources$55,234
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

“The organization entered into a management agreement with the greater education opportunities foundation (geo)on july 1, 2007. Geo provides management, operational and administrative services for pikes peak prep as well as other charter schools.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“Finance committee reviews and approves the form 990 prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“All officers and directors must disclose any conflicts of interest on an annual basis.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The board of directors review performance goals annually.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents, policies and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Pikes Peak Prep
EIN
20-2498520
Phone
7195707575
Address
525 E COSTILLA ST, COLORADO SPRINGS, CO 80903

Signing Officer

Name
Dana J Teasley
Title
Finance Director - Geo
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Co
Voting Board Members
4
Independent Board Members
4
Employees
59
Volunteers
20

Preparer

Firm
Barnes Griggs & Associates PC
Address
12136 W Bayaud Ave Ste 300, Lakewood, CO 80228
Preparer
Gayle L Griggs CPA
Phone
3032021800
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Change in deferred inflows = -$54987”

Other Changes In Net Assets Or Fund Balances - Other Increases

“Change in deferred outflows = $363929”

Other Changes In Net Assets Or Fund Balances - Other Decreases

“GASB 68 ADJUSTMENT = -$0”

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Net change in pension liability = -$593585”

Financial Statement Notes

Part XII, Line 2D: Other expenses and losses per audited F/S

“Payment of debt principal $12480 capital expenditures $12304”

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Depreciation expense $29815”

Raw XML AppendixShowing 400 of 460 raw XML fields

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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0179097
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0130906
IRS990/AccountsReceivableGrp/BOYAmt0345261
IRS990/AccountsReceivableGrp/EOYAmt0263328
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF PIKES PEAK PREP IS TO PROVIDE A COMPREHENSIVE EDUCATIONAL EXPERIENCE TO STUDENTS IN COLORADO SPRINGS, UTILIZING INNOVATIVE METHODS OF INSTRUCTION DESIGNED TO PRODUCE EXCELLENCE IN EDUCATIONAL ACHIEVEMENT.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt053792
IRS990/AdvertisingGrp/TotalAmt053792
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0334708
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0618
IRS990/AllOtherExpensesGrp/ProgramServicesAmt015095
IRS990/AllOtherExpensesGrp/TotalAmt015713
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0GEO FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum03177134207
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01630 N MERIDIAN ST STE 350
IRS990/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046202
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt041867
IRS990/CashNonInterestBearingGrp/EOYAmt0181881
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0174996
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01630 N MERIDIAN ST 350
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0INDIANAPOLIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd046202
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0GEO FOUNDATION
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0513609
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01346732
IRS990/CYOtherRevenueAmt03696
IRS990/CYProgramServiceRevenueAmt02408111
IRS990/CYRevenuesLessExpensesAmt050502
IRS990/CYSalariesCompEmpBnftPaidAmt01528182
IRS990/CYTotalExpensesAmt02874914
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02925416
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt029815
IRS990/DepreciationDepletionGrp/TotalAmt029815
IRS990/Desc0ESTABLISH, EQUIP, AND MAINTAIN A CHARTER SCHOOL FOR ELEMENTARY AND SECONDARY STUDENTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt059
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt02332808
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08458
IRS990/FeesForServicesAccountingGrp/TotalAmt08458
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt06750
IRS990/FeesForServicesLegalGrp/TotalAmt06750
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt034999
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0139997
IRS990/FeesForServicesManagementGrp/TotalAmt0174996
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0714
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0108430
IRS990/FeesForServicesOtherGrp/TotalAmt0109144
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0BARBARA WINTER
IRS990/Form990PartVIISectionAGrp/PersonNm1WAYNE ARTIS
IRS990/Form990PartVIISectionAGrp/PersonNm2GARY FEFFER
IRS990/Form990PartVIISectionAGrp/PersonNm3SHAWN THOMPSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary/Treas
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt0178901
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02925416
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0116728
IRS990/InformationTechnologyGrp/TotalAmt0116728
IRS990/InsuranceGrp/ManagementAndGeneralAmt08264
IRS990/InsuranceGrp/ProgramServicesAmt033055
IRS990/InsuranceGrp/TotalAmt041319
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt0147
IRS990/InterestGrp/TotalAmt0147
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0624239
IRS990/LandBldgEquipBasisNetGrp/BOYAmt052523
IRS990/LandBldgEquipBasisNetGrp/EOYAmt035012
IRS990/LandBldgEquipCostOrOtherBssAmt0659251
IRS990/LegalDomicileStateCd0CO
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF PIKES PEAK PREP IS TO PROVIDE A COMPREHENSIVE EDUCATIONAL EXPERIENCE TO STUDENTS IN COLORADO SPRINGS, UTILIZING INNOVATIVE METHODS OF INSTRUCTION DESIGNED TO PRODUCE EXCELLENCE IN EDUCATIONAL ACHIEVEMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-3639307
IRS990/NetAssetsOrFundBalancesEOYAmt0-3873448
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt082765
IRS990/OccupancyGrp/ProgramServicesAmt0331060
IRS990/OccupancyGrp/TotalAmt0413825
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09341
IRS990/OfficeExpensesGrp/ProgramServicesAmt037362
IRS990/OfficeExpensesGrp/TotalAmt046703
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0165599
IRS990/OtherAssetsTotalGrp/EOYAmt0529528
IRS990/OtherChangesInNetAssetsAmt0-284643
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019830
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt079320
IRS990/OtherEmployeeBenefitsGrp/TotalAmt099150
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018927
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19788
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28
IRS990/OtherExpensesGrp/ProgramServicesAmt0162722
IRS990/OtherExpensesGrp/ProgramServicesAmt175707
IRS990/OtherExpensesGrp/ProgramServicesAmt239151
IRS990/OtherExpensesGrp/ProgramServicesAmt313542
IRS990/OtherExpensesGrp/TotalAmt0162722
IRS990/OtherExpensesGrp/TotalAmt194634
IRS990/OtherExpensesGrp/TotalAmt248939
IRS990/OtherExpensesGrp/TotalAmt313550
IRS990/OtherLiabilitiesGrp/BOYAmt03402830
IRS990/OtherLiabilitiesGrp/EOYAmt04051402
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt03696
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03696
IRS990/OtherRevenueTotalAmt03696
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0238577
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0954309
IRS990/OtherSalariesAndWagesGrp/TotalAmt01192886
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05297
IRS990/PayrollTaxesGrp/ProgramServicesAmt021190
IRS990/PayrollTaxesGrp/TotalAmt026487
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt041932
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0167727
IRS990/PensionPlanContributionsGrp/TotalAmt0209659
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt075639
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032226
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0OTHER PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1STATE PER PUPIL REVENUES
IRS990/ProgramServiceRevenueGrp/Desc2TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0862
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12406616
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2633
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0862
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12406616
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2633
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0854011
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01344285
IRS990/PYOtherRevenueAmt01404
IRS990/PYProgramServiceRevenueAmt02057714
IRS990/PYRevenuesLessExpensesAmt087867
IRS990/PYSalariesCompEmpBnftPaidAmt01480977
IRS990/PYTotalExpensesAmt02825262
IRS990/PYTotalRevenueAmt02913129
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt050502
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-3639307
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-3873448
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060360
IRS990/SavingsAndTempCashInvstGrp/EOYAmt060427
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt035012
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0624239
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0659251
IRS990ScheduleD/ExpensesNotReportedAmt024784
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt029815
IRS990ScheduleD/ExpensesSubtotalAmt02845099
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0529528
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PENSION RELATED DEFERRED OUTFLOW
IRS990ScheduleD/OtherExpensesIncludedAmt024784
IRS990ScheduleD/OtherExpensesNotIncludedAmt029815
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt055234
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13996168
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS OF RESOURCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt02925416
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PAYMENT OF DEBT PRINCIPAL $12480 CAPITAL EXPENDITURES $12304
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DEPRECIATION EXPENSE $29815
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt035012
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0529528
IRS990ScheduleD/TotalExpensesPerForm990Amt02874914
IRS990ScheduleD/TotalLiabilityAmt04051402
IRS990ScheduleD/TotalRevenuePerForm990Amt02925416
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02925416
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02869883
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL RECEIVES THE MAJORITY OF ITS FUNDING FROM THE COLORADO DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ENTERED INTO A MANAGEMENT AGREEMENT WITH THE GREATER EDUCATION OPPORTUNITIES FOUNDATION (GEO)ON JULY 1, 2007. GEO PROVIDES MANAGEMENT, OPERATIONAL AND ADMINISTRATIVE SERVICES FOR PIKES PEAK PREP AS WELL AS OTHER CHARTER SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FINANCE COMMITTEE REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS AND DIRECTORS MUST DISCLOSE ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEW PERFORMANCE GOALS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGE IN DEFERRED INFLOWS = -$54987
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CHANGE IN DEFERRED OUTFLOWS = $363929
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GASB 68 ADJUSTMENT = -$0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NET CHANGE IN PENSION LIABILITY = -$593585
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0741249
IRS990/TotalAssetsEOYAmt01102402
IRS990/TotalAssetsGrp/BOYAmt0741249
IRS990/TotalAssetsGrp/EOYAmt01102402
IRS990/TotalCompGreaterThan150KInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,102,402
Liabilities
$4,975,850
Net assets
-$3,873,448
Revenue
$2,925,416
Expenses
$2,874,914
Net income
$50,502
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$3.64$8.79$5.16$2.70$2.79$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.10$4.98$3.87$2.93$2.87$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.74$4.38$3.64$2.91$2.83$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.94$0.49$2.70$2.65$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.94$0.55$2.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.84$0.54$2.14
2011Summary only. Only limited summary data is available for this year.$0.41$0.87$0.47$2.23$2.21$0.03