Civic Intelligence

Rocky Mountain Classical Academy

990 • Fiscal year 2021 • EIN 20-4543388

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 13, 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

99th percentile

1.78x

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

84th percentile

1.33x

Higher debt load relative to revenue than 84% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

72nd percentile

27%

Higher net margin than 72% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$176,884

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

1st percentile

-78%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

44th percentile

8.3%

Faster revenue growth than 44% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$9,939,360

Down $35,529,339 (-78%) from 2020

Net Assets

Up

-$7,768,610

Up $9,635,087 (+55%) from 2020

Liabilities

Down

$17,707,970

Down $45,164,426 (-72%) from 2020

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin72nd percentile

Revenue

Up

$13,274,614

Up $1,019,048 (+8.3%) from 2020

Expenses

Down

$9,744,878

Down $2,996,560 (-24%) from 2020

Net Income

Up

$3,529,736

Up $4,015,608 (+826%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth1st 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

2021

Assets$9,939,360
Liabilities$17,707,970
Net Assets-$7,768,610
Open 2021 Filing

Operations Trend

Revenue Growth44th 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

2021

Revenue$13,274,614
Expenses$9,744,878
Net Income$3,529,736
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 13, 2021
Return Version
2020v4.1
Gross Receipts
$13,274,614
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.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$26,476,201--
Cash and Non-Interest-Bearing Accounts$8,519,783$5,308,900▼ $3,210,883
Accounts Receivable-$709,614-
Pledges and Grants Receivable$106,210$186,924▲ $80,714
Prepaid Expenses and Deferred Charges$44,868$54,844▲ $9,976
Total Assets$45,468,699$9,939,360▼ $35,529,339
Other Assets Total$10,321,637$3,679,078▼ $6,642,559
Liabilities
Mortgage Notes Payable Secured by Investment Property$42,565,110--
Other Liabilities$17,685,856$16,985,496▼ $700,360
Accounts Payable and Accrued Expenses$596,540$698,407▲ $101,867
Deferred Revenue-$24,067-
Total Liabilities$62,872,396$17,707,970▼ $45,164,426
Net Assets / Fund Balance
Net Assets With Donor Restrictions$537,700$361,100▼ $176,600
Net Assets Without Donor Restrictions$-17,941,397$-8,129,710▲ $9,811,687
Total Net Assets Fund Balance$-17,403,697$-7,768,610▲ $9,635,087
Total Liabilities and Net Assets / Fund Balance$45,468,699$9,939,360▼ $35,529,339

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$18,710--
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cullen McDowellExecutive PrincipalFT$153,810$23,074$176,884

Board Members and Trustees

NameTitle
Molara AwosefajuPresident
Diana RadneyVice President
Kristina SenamonryDirector
Scott CatheyDirector
Heather LovatoRecording Secretary
Krista HamiltonSecretary
Jamie FischerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
G&G ConsultingCustodial Services3346 Adobe Court, Colorado Springs, CO 80907$157,779
-Accounting/Business Services2696 S Colorado Blvd Ste 380, Denver, CO 80222$145,650
Revenue and Support

Revenue Composition

Contributions and Grants
$1,606,583
Program Service Revenue
$11,636,415
Investment Income
$7,943
Other Revenue
$23,673
Change in Net Assets
$3,529,736

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,274,614
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$13,274,614
Total Revenue per Form 990
$13,274,614
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,104,074
Salaries, Compensation, and Employee Benefits$3,640,804
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,824,514$933,055-$4,757,569
Occupancy$2,073,917$691,306-$2,765,223
Other Employee Benefits$360,778$90,195-$450,973
All Other Expenses$276,359$92,115-$368,474
Other Expenses$231,055$92,280-$231,055
Information Technology$167,029$55,676-$222,705
Current Officers, Directors, Trustees, and Key Employees$147,523$36,881-$184,404
Fees for Services Accounting-$154,507-$154,507
Payroll Taxes$96,190$24,048-$120,238
Travel$69,722$23,240-$92,962
Insurance$33,680$50,519-$84,199
Fees for Services Other-$78,349-$78,349
Advertising-$47,684-$47,684
Fees for Services Legal-$34,470-$34,470
Office Expenses-$15,306-$15,306
Pension Plan Contributions$-1,497,904$-374,476-$-1,872,380
Total Functional Expenses$7,366,098$2,378,780$0$9,744,878

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,744,878
Total Expenses per Audited Statements$9,744,878
Total Expenses per Form 990$9,744,878
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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$11,634,686
Deferred Inflows of Resources$4,927,832
Net OPEB Liability$422,978
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

“Documents available upon request.”

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
2021-11-13
Discuss with paid preparer
No

Organization Details

Principal Officer
Molara Awosefaju
Formed
2005
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
172
Volunteers
181

Preparer

Firm
Hoelting & Company Inc
Address
31 E Platte Ave Ste 300, Colorado Springs, CO 80903
Preparer
Thomas G Sistare
Phone
7196301091
Supplemental Narrative

Additional Explanations

Form 990, Part I, line, I:

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

Form 990, Part III, line 1:

“Support 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 academically rigorous, content-rich, classical educational program with core knowledge emphasis.”

Form 990, Part XI, line 9:

“To report the Building Corporation as a seperate related entity. 6,105,351.”

Form 990, Part XI, Line 2C

“The board of directors assumes responsibility for the oversight of the audit and selection of an independent accountant. This procedure has not changed from prior years.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherAssetsTotalGrp/EOYAmt03679078
IRS990/OtherChangesInNetAssetsAmt06105351
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt090195
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0360778
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0450973
IRS990/OtherExpensesGrp/Desc0Purchased Services
IRS990/OtherExpensesGrp/Desc1Small Equipment
IRS990/OtherExpensesGrp/Desc2Instructional Supplies
IRS990/OtherExpensesGrp/Desc3Food Services
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0333625
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt192280
IRS990/OtherExpensesGrp/ProgramServicesAmt01000876
IRS990/OtherExpensesGrp/ProgramServicesAmt1276839
IRS990/OtherExpensesGrp/ProgramServicesAmt2305520
IRS990/OtherExpensesGrp/ProgramServicesAmt3231055
IRS990/OtherExpensesGrp/TotalAmt01334501
IRS990/OtherExpensesGrp/TotalAmt1369119
IRS990/OtherExpensesGrp/TotalAmt2305520
IRS990/OtherExpensesGrp/TotalAmt3231055
IRS990/OtherLiabilitiesGrp/BOYAmt017685856
IRS990/OtherLiabilitiesGrp/EOYAmt016985496
IRS990/OtherRevenueMiscGrp/BusinessCd0611110
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt018673
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018673
IRS990/OtherRevenueTotalAmt018673
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0933055
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03824514
IRS990/OtherSalariesAndWagesGrp/TotalAmt04757569
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt024048
IRS990/PayrollTaxesGrp/ProgramServicesAmt096190
IRS990/PayrollTaxesGrp/TotalAmt0120238
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0-374476
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0-1497904
IRS990/PensionPlanContributionsGrp/TotalAmt0-1872380
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0106210
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0186924
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt044868
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt054844
IRS990/PrincipalOfficerNm0Molara Awosefaju
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0Pupil Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Fees and Tuition
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011047351
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1589064
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011047351
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1589064
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0718352
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt022594
IRS990/PYOtherExpensesAmt07407855
IRS990/PYOtherRevenueAmt011753
IRS990/PYProgramServiceRevenueAmt011502867
IRS990/PYRevenuesLessExpensesAmt0-485872
IRS990/PYSalariesCompEmpBnftPaidAmt05333583
IRS990/PYTotalExpensesAmt012741438
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012255566
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt03529736
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt05000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt011660088
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/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09744878
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03660368
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt118710
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows of Resources
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04927832
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111634686
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2422978
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Inflows of Resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net OPEB Liability
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt013274614
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03679078
IRS990ScheduleD/TotalExpensesPerForm990Amt09744878
IRS990ScheduleD/TotalLiabilityAmt016985496
IRS990ScheduleD/TotalRevenuePerForm990Amt013274614
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013274614
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09744878
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd00
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Forms and information utilized during the enrollment period include a written statement regarding the school's racially nondiscimminatory policy. The school's website also cites the Title IX Non-Discrimination Policy in both English and Spanish. The Title IX Non-Discrimination Policy Statement can be accessed through a link on its "Our School" page on its website.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The School receives PPR and grant funding from the Colorado Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0153810
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt023074
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Cullen McDowell
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Principal
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0176884
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The establishment and operation of a public, nonsectarian, nonreligious, non-home based school under the Colorado Charter Schools Act.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Support 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 academically rigorous, content-rich, classical educational program with core knowledge emphasis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Copies of the Form 990 are provided to board members for approval before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Directors 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Documents available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5To report the Building Corporation as a seperate related entity. 6,105,351.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The board of directors assumes responsibility for the oversight of the audit and selection of an independent accountant. This procedure has not changed from prior years.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, line, I:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, line 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 2C

Document Assets

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Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$9,939,360
Liabilities
$17,707,970
Net assets
-$7,768,610
Revenue
$13,274,614
Expenses
$9,744,878
Net income
$3,529,736
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
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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