Civic Intelligence

Rocky Mountain Classical Academy

990 • Fiscal year 2020 • EIN 20-4543388

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 07, 2021

Organization Profilewww.rmcacs.org
4620 Antelope Ridge DriveColorado Springs, CO 80922

(719) 429-7665

Siviq Scores

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

Liabilities / Assets

98th percentile

1.38x

Higher debt load relative to assets than 98% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

5.13x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

24th percentile

-4.0%

Higher net margin than 24% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

20th percentile

$140,962

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

15th percentile

-3.0%

Faster asset growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

39th percentile

-1.1%

Faster revenue growth than 39% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$45,468,699

Down $1,427,167 (-3.0%) from 2019

Net Assets

Down

-$17,403,697

Down $485,872 (-2.9%) from 2019

Liabilities

Down

$62,872,396

Down $941,295 (-1.5%) from 2019

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin24th percentile

Revenue

Down

$12,255,566

Down $131,070 (-1.1%) from 2019

Expenses

Down

$12,741,438

Down $82,479 (-0.6%) from 2019

Net Income

Down

-$485,872

Down $48,591 (-11%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$100M$50M$0-$50MAssets 2011: $3,429,483Liabilities 2011: $2,418,993Net Assets 2011: $1,010,4902011Assets 2012: $3,676,543Liabilities 2012: $1,961,103Net Assets 2012: $1,715,4402012Assets 2013: $4,101,980Liabilities 2013: $1,895,380Net Assets 2013: $2,206,6002013Assets 2014: $30,631,162Liabilities 2014: $28,567,932Net Assets 2014: $2,063,2302014Assets 2015: $29,236,798Liabilities 2015: $36,374,884Net Assets 2015: -$7,138,0862015Assets 2016: $30,861,027Liabilities 2016: $37,216,667Net Assets 2016: -$6,355,6402016Assets 2017: $38,479,751Liabilities 2017: $47,585,772Net Assets 2017: -$9,106,0212017Assets 2018: $50,742,365Liabilities 2018: $67,426,555Net Assets 2018: -$16,684,1902018Assets 2019: $46,895,866Liabilities 2019: $63,813,691Net Assets 2019: -$16,917,8252019Assets 2020: $45,468,699Liabilities 2020: $62,872,396Net Assets 2020: -$17,403,6972020Assets 2021: $9,939,360Liabilities 2021: $17,707,970Net Assets 2021: -$7,768,6102021Assets 2022: $9,190,107Liabilities 2022: $13,175,831Net Assets 2022: -$3,985,7242022Assets 2023: $9,842,429Liabilities 2023: $14,109,960Net Assets 2023: -$4,267,5312023Assets 2024: $12,892,042Liabilities 2024: $16,615,560Net Assets 2024: -$3,723,5182024

Highlighted filing

2020

Assets$45,468,699
Liabilities$62,872,396
Net Assets-$17,403,697
Open 2020 Filing

Operations Trend

Revenue Growth39th percentile

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

$20M$10M$0-$10MRevenue 2011: $5,797,933Expenses 2011: $5,136,333Net Income 2011: $661,6002011Revenue 2012: $5,067,674Expenses 2012: $4,362,724Net Income 2012: $704,9502012Expenses 2013: $4,624,0262013Revenue 2014: $5,822,625Expenses 2014: $5,965,995Net Income 2014: -$143,3702014Revenue 2015: $7,927,510Expenses 2015: $10,397,210Net Income 2015: -$2,469,7002015Revenue 2016: $9,783,382Expenses 2016: $9,423,615Net Income 2016: $359,7672016Revenue 2017: $10,806,945Expenses 2017: $13,557,326Net Income 2017: -$2,750,3812017Revenue 2018: $11,156,393Expenses 2018: $18,288,421Net Income 2018: -$7,132,0282018Revenue 2019: $12,386,636Expenses 2019: $12,823,917Net Income 2019: -$437,2812019Revenue 2020: $12,255,566Expenses 2020: $12,741,438Net Income 2020: -$485,8722020Revenue 2021: $13,274,614Expenses 2021: $9,744,878Net Income 2021: $3,529,7362021Revenue 2022: $14,423,421Expenses 2022: $10,640,535Net Income 2022: $3,782,8862022Revenue 2023: $15,980,740Expenses 2023: $16,262,547Net Income 2023: -$281,8072023Revenue 2024: $19,249,224Expenses 2024: $18,705,211Net Income 2024: $544,0132024

Highlighted filing

2020

Revenue$12,255,566
Expenses$12,741,438
Net Income-$485,872
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 7, 2021
Return Version
2019v5.0
Gross Receipts
$14,692,924
Mission and Program Overview

Mission

Exists to support parents in developing citizens of integrity and chracter who are equipped with a strong knowledge base and academic skills. The basis of the development is rooted in an academically rigorous, content-rich, classical educational program with Core Knowledge emphasis.

The establishment and operation of a public, nonsectarian, nonreligious, non-home based school under the Colorado Charter Schools Act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$27,163,437$26,476,201▼ $687,236
Cash and Non-Interest-Bearing Accounts$7,837,226$8,519,783▲ $682,557
Accounts Receivable$10,648$106,210▲ $95,562
Prepaid Expenses and Deferred Charges$16,263$44,868▲ $28,605
Investments Program Related$0--
Total Assets$46,895,866$45,468,699▼ $1,427,167
Other Assets Total$11,868,292$10,321,637▼ $1,546,655
Liabilities
Mortgage Notes Payable Secured by Investment Property$42,565,110$44,590,000▲ $2,024,890
Other Liabilities$20,810,391$17,685,856▼ $3,124,535
Accounts Payable and Accrued Expenses$435,795$596,540▲ $160,745
Deferred Revenue$2,395$0▼ $2,395
Total Liabilities$63,813,691$62,872,396▼ $941,295
Net Assets / Fund Balance
Net Assets With Donor Restrictions$350,000$537,700▲ $187,700
Net Assets Without Donor Restrictions$-17,267,825$-17,941,397▼ $673,572
Total Net Assets Fund Balance$-16,917,825$-17,403,697▼ $485,872
Total Liabilities and Net Assets / Fund Balance$46,895,866$45,468,699▼ $1,427,167

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,539,837$2,733,127$27,272,964
Land$1,693,591-$1,693,591
Equipment$242,773$343,045$585,818
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0
Other Assets Org$18,710--
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cullen McDowellExecutive PrincipalFT$105,657$35,305$140,962

Board Members and Trustees

NameTitle
Molara AwosefajuPresident
Diana RadneyVice President
Jamie FischerDirector
Stacey PerkinsDirector
Krista HamiltonSecretary
Scott CatheyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$718,352
Program Service Revenue
$11,502,867
Investment Income
$22,594
Other Revenue
$11,753
All Other Contributions
$26,769
Change in Net Assets
$-485,872

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,255,566
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$12,255,566
Total Revenue per Form 990
$12,255,566
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,407,855
Salaries, Compensation, and Employee Benefits$5,333,583
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,217,504$1,186,326-$4,403,830
Other Expenses$1,356,588$233,785$0$1,590,373
Interest$1,278,146$220,267-$1,498,413
Depreciation Depletion$699,149$120,486-$819,635
Office Expenses$348,100$401,863-$749,963
Other Employee Benefits$480,312$157,645-$637,957
Occupancy$363,822$62,698-$426,520
Fees for Services Accounting-$174,645-$174,645
Fees for Services Other$69,354$87,115-$156,469
Current Officers, Directors, Trustees, and Key Employees$0$151,869$0$151,869
All Other Expenses$14,156$109,212-$123,368
Insurance$45,211$70,960-$116,171
Fees for Services Legal-$73,600-$73,600
Payroll Taxes$61,585$10,613-$72,198
Pension Plan Contributions$16,131$51,598-$67,729
Travel$21,451$11,649-$33,100
Advertising-$30,853-$30,853
Total Functional Expenses$9,054,186$3,687,252$0$12,741,438

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,741,438
Total Expenses per Audited Statements$12,741,438
Total Expenses per Form 990$12,741,438
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$10,160,046
Deferred Inflows of Resources$7,026,315
Net OPEB Liability$499,495
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 35% controlled entity
No
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
No
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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Copies of the Form 990 are provided to board members for approval before filing.”

Form 990, Part VI, Section B, Line 12C

“Directors are required to disclose any known or potential conflicts of interest in writing to the Board prior to the time set for voting on any such transaction.”

Form 990, Part VI, Section C, Line 19

“Financial information is available on the school's website and on the Colorado K12 Financial Transparency website. A link to the Colorado K12 Financial Transparency website is provided on the school's website. Financial information is also available upon request by contacting Robin Joseph, the school's Business Office Administrator. The entity's Bylaws are available on its website via a link on its Board of Directors page. The conflict of interest policy is stated within the Bylaws.”

Filing and Contact Details

Filer

Filer Name
Rocky Mountain Classical Academy
EIN
20-4543388
Phone
7194297665
Address
4620 Antelope Ridge Drive, Colorado Springs, CO 80922

Signing Officer

Name
Molara Awosefaju
Title
President
Phone
7194297665
Signed
2021-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Molara Awosefaju
Formed
2005
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
167
Volunteers
346

Preparer

Firm
G&G Consulting Group LLC
Address
2696 S Colorado Blvd Suite 380, Denver, CO 80222
Preparer
Jason Guerrero
Phone
8005939011
Supplemental Narrative

Additional Explanations

Form 990, Part X, Line 28

“Temporarily Restricted Assets consist of $365,700 which is restricted to comply with Article X, Section 20 of the Colorado Constitution, known as the TABOR Amendment and $172,000 related to a loan obtained through the SBA's Paycheck Program Program (under Division A, Title I of the Coronavirus Aid Relief and Economic Security Act) which is restricted for Paycheck Protection Program expenses.”

Raw XML AppendixShowing 400 of 556 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0435795
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0596540
IRS990/AccountsReceivableGrp/BOYAmt010648
IRS990/AccountsReceivableGrp/EOYAmt0106210
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The establishment and operation of a public, nonsectarian, nonreligious, non-home based school under the Colorado Charter Schools Act.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt030853
IRS990/AdvertisingGrp/TotalAmt030853
IRS990/AllOtherContributionsAmt026769
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0109212
IRS990/AllOtherExpensesGrp/ProgramServicesAmt014156
IRS990/AllOtherExpensesGrp/TotalAmt0123368
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Robin Joseph
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0Rocky Mountain Classical Academy
IRS990/BooksInCareOfDetail/PhoneNum07194297665
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04620 Antelope Ridge Drive
IRS990/BooksInCareOfDetail/USAddress/CityNm0Colorado Springs
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080922
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt07837226
IRS990/CashNonInterestBearingGrp/EOYAmt08519783
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0151869
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0151869
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0718352
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt022594
IRS990/CYOtherExpensesAmt07407855
IRS990/CYOtherRevenueAmt011753
IRS990/CYProgramServiceRevenueAmt011502867
IRS990/CYRevenuesLessExpensesAmt0-485872
IRS990/CYSalariesCompEmpBnftPaidAmt05333583
IRS990/CYTotalExpensesAmt012741438
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012255566
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt02395
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0120486
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0699149
IRS990/DepreciationDepletionGrp/TotalAmt0819635
IRS990/Desc0Organized and operated exclusively for educational purposes.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd00
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0350000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0537700
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0167
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt09054186
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0174645
IRS990/FeesForServicesAccountingGrp/TotalAmt0174645
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt073600
IRS990/FeesForServicesLegalGrp/TotalAmt073600
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt087115
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt069354
IRS990/FeesForServicesOtherGrp/TotalAmt0156469
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt035305
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Cullen McDowell
IRS990/Form990PartVIISectionAGrp/PersonNm1Molara Awosefaju
IRS990/Form990PartVIISectionAGrp/PersonNm2Diana Radney
IRS990/Form990PartVIISectionAGrp/PersonNm3Krista Hamilton
IRS990/Form990PartVIISectionAGrp/PersonNm4Scott Cathey
IRS990/Form990PartVIISectionAGrp/PersonNm5Jamie Fischer
IRS990/Form990PartVIISectionAGrp/PersonNm6Stacey Perkins
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0105657
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Principal
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0691583
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt014692924
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt02439858
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt070960
IRS990/InsuranceGrp/ProgramServicesAmt045211
IRS990/InsuranceGrp/TotalAmt0116171
IRS990/InterestGrp/ManagementAndGeneralAmt0220267
IRS990/InterestGrp/ProgramServicesAmt01278146
IRS990/InterestGrp/TotalAmt01498413
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt022594
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt022594
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/IRPDocumentCnt043
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03076172
IRS990/LandBldgEquipBasisNetGrp/BOYAmt027163437
IRS990/LandBldgEquipBasisNetGrp/EOYAmt026476201
IRS990/LandBldgEquipCostOrOtherBssAmt029552373
IRS990/LegalDomicileStateCd0CO
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt02437358
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0Support parents in developing citizens of integrity and character who are equipped with a strong knowledge base and academic skills. The basis of the development is rooted in an academically rigorous, content-rich, classical educational program with core knowledge emphasis.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt042565110
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt044590000
IRS990/NetAssetsOrFundBalancesBOYAmt0-16917825
IRS990/NetAssetsOrFundBalancesEOYAmt0-17403697
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt02500
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02500
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-17267825
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-17941397
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt062698
IRS990/OccupancyGrp/ProgramServicesAmt0363822
IRS990/OccupancyGrp/TotalAmt0426520
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0401863
IRS990/OfficeExpensesGrp/ProgramServicesAmt0348100
IRS990/OfficeExpensesGrp/TotalAmt0749963
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt011868292
IRS990/OtherAssetsTotalGrp/EOYAmt010321637
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0157645
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0480312
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0637957
IRS990/OtherExpensesGrp/Desc0Instruction
IRS990/OtherExpensesGrp/Desc1Purchased Services
IRS990/OtherExpensesGrp/Desc2Operating Lease
IRS990/OtherExpensesGrp/Desc3RMCA Bldg Corp Bond Issuance Cost
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1510436
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt221632
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3233785
IRS990/OtherExpensesGrp/ProgramServicesAmt0946594
IRS990/OtherExpensesGrp/ProgramServicesAmt110559
IRS990/OtherExpensesGrp/ProgramServicesAmt2125524
IRS990/OtherExpensesGrp/ProgramServicesAmt31356588
IRS990/OtherExpensesGrp/TotalAmt0946594
IRS990/OtherExpensesGrp/TotalAmt1520995
IRS990/OtherExpensesGrp/TotalAmt2147156
IRS990/OtherExpensesGrp/TotalAmt31590373
IRS990/OtherLiabilitiesGrp/BOYAmt020810391
IRS990/OtherLiabilitiesGrp/EOYAmt017685856
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0Other Miscellaneous Income
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09253
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09253
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt09253
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01186326
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03217504
IRS990/OtherSalariesAndWagesGrp/TotalAmt04403830
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010613
IRS990/PayrollTaxesGrp/ProgramServicesAmt061585
IRS990/PayrollTaxesGrp/TotalAmt072198
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt051598
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt016131
IRS990/PensionPlanContributionsGrp/TotalAmt067729
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016263
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt044868
IRS990/PrincipalOfficerNm0Molara Awosefaju
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0State Revenue - Per Pupil Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Tuition and Fees
IRS990/ProgramServiceRevenueGrp/Desc2Pupil Activity Fees
IRS990/ProgramServiceRevenueGrp/Desc3Food Service
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010911009
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1389075
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt283355
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3119428
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010911009
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1389075
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt283355
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3119428
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0761586
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt025709
IRS990/PYOtherExpensesAmt06701317
IRS990/PYOtherRevenueAmt023364
IRS990/PYProgramServiceRevenueAmt011575977
IRS990/PYRevenuesLessExpensesAmt0-437281
IRS990/PYSalariesCompEmpBnftPaidAmt06122600
IRS990/PYTotalExpensesAmt012823917
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012386636
IRS990/ReconcilationRevenueExpnssAmt0-485872
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt02500
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt011534714
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt024539837
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02733127
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt027272964
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0242773
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0343045
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0585818
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt012741438
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt01693591
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01693591
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08685919
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11617008
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt218710
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Charge on Refinancing
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred Outflows of Resources
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Deposits
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010160046
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17026315
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2499495
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Inflows of Resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net OPEB Liability

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$45,468,699
Liabilities
$62,872,396
Net assets
-$17,403,697
Revenue
$12,255,566
Expenses
$12,741,438
Net income
-$485,872
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$16.6$3.72$19.2$18.7$0.54
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.84$14.1$4.27$16.0$16.3$0.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.19$13.2$3.99$14.4$10.6$3.78
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.94$17.7$7.77$13.3$9.74$3.53
2020Detailed filing. Detailed filing data is available for this year.$45.5$62.9$17.4$12.3$12.7$0.49
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.9$63.8$16.9$12.4$12.8$0.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.7$67.4$16.7$11.2$18.3$7.13
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.5$47.6$9.11$10.8$13.6$2.75
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.9$37.2$6.36$9.78$9.42$0.36
2015Detailed filing. Detailed filing data is available for this year.$29.2$36.4$7.14$7.93$10.4$2.47
2014Detailed filing. Detailed filing data is available for this year.$30.6$28.6$2.06$5.82$5.97$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.10$1.90$2.21$4.62
2012Summary only. Only limited summary data is available for this year.$3.68$1.96$1.72$5.07$4.36$0.70
2011Summary only. Only limited summary data is available for this year.$3.43$2.42$1.01$5.80$5.14$0.66