Civic Intelligence

Caprock Academy

990 • Fiscal year 2016 • EIN 20-5442493

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

Organization ProfileWWW.CAPROCKACADEMY.ORG
714 24 12 RdGrand Junction, CO 81505

(970) 243-1771

Siviq Scores

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

Liabilities / Assets

98th percentile

1.71x

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

3.24x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

53rd percentile

3.2%

Higher net margin than 53% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

19th percentile

$88,919

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

82nd percentile

16%

Faster asset growth than 82% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

78th percentile

17%

Faster revenue growth than 78% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$11,287,537

Up $1,530,248 (+16%) from 2015

Net Assets

Down

-$8,004,674

Down $340,731 (-4.4%) from 2015

Liabilities

Up

$19,292,211

Up $1,870,979 (+11%) from 2015

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin53rd percentile

Revenue

Up

$5,951,006

Up $858,080 (+17%) from 2015

Expenses

Up

$5,758,910

Up $542,101 (+10%) from 2015

Net Income

Up

$192,096

Up $315,979 (+255%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$60M$40M$20M$0-$20MAssets 2008: $1,323,188Liabilities 2008: $1,140,304Net Assets 2008: $182,8842008Assets 2009: $1,730,224Liabilities 2009: $1,389,844Net Assets 2009: $340,3802009Assets 2010: $2,378,659Liabilities 2010: $1,784,486Net Assets 2010: $594,1732010Assets 2015: $9,757,289Liabilities 2015: $17,421,232Net Assets 2015: -$7,663,9432015Assets 2016: $11,287,537Liabilities 2016: $19,292,211Net Assets 2016: -$8,004,6742016Assets 2017: $18,025,812Liabilities 2017: $29,085,577Net Assets 2017: -$11,059,7652017Assets 2018: $18,071,083Liabilities 2018: $33,537,686Net Assets 2018: -$15,466,6032018Assets 2019: $27,588,727Liabilities 2019: $42,838,472Net Assets 2019: -$15,249,7452019Assets 2021: $27,564,200Liabilities 2021: $37,079,620Net Assets 2021: -$9,515,4202021Assets 2022: $25,371,525Liabilities 2022: $31,897,544Net Assets 2022: -$6,526,0192022Assets 2023: $25,680,864Liabilities 2023: $32,626,086Net Assets 2023: -$6,945,2222023Assets 2024: $26,816,433Liabilities 2024: $34,035,255Net Assets 2024: -$7,218,8222024

Highlighted filing

2016

Assets$11,287,537
Liabilities$19,292,211
Net Assets-$8,004,674
Open 2016 Filing

Operations Trend

Revenue Growth78th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2008: $2,041,535Expenses 2008: $1,929,789Net Income 2008: $111,7462008Revenue 2009: $2,434,883Expenses 2009: $2,277,387Net Income 2009: $157,4962009Revenue 2010: $2,881,531Expenses 2010: $2,627,738Net Income 2010: $253,7932010Revenue 2015: $5,092,926Expenses 2015: $5,216,809Net Income 2015: -$123,8832015Revenue 2016: $5,951,006Expenses 2016: $5,758,910Net Income 2016: $192,0962016Revenue 2017: $6,573,537Expenses 2017: $6,380,766Net Income 2017: $192,7712017Revenue 2018: $6,875,475Expenses 2018: $6,642,300Net Income 2018: $233,1752018Revenue 2019: $7,625,833Expenses 2019: $7,453,343Net Income 2019: $172,4902019Revenue 2021: $8,751,977Expenses 2021: $8,394,945Net Income 2021: $357,0322021Revenue 2022: $9,423,430Expenses 2022: $8,958,038Net Income 2022: $465,3922022Revenue 2023: $9,976,370Expenses 2023: $9,405,976Net Income 2023: $570,3942023Revenue 2024: $11,253,671Expenses 2024: $10,585,162Net Income 2024: $668,5092024

Highlighted filing

2016

Revenue$5,951,006
Expenses$5,758,910
Net Income$192,096
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Dec 14, 2016
Return Version
2015v3.0
Gross Receipts
$5,963,696
Mission and Program Overview

Mission

Help all students achieve their highest academic and character potential using proven, accelerated academic programs while providing a safe environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,680,279$7,481,619▲ $801,340
Savings and Temporary Cash Investments$655,529$663,691▲ $8,162
Cash and Non-Interest-Bearing Accounts$647,591$627,084▼ $20,507
Accounts Receivable$57,035$83,015▲ $25,980
Total Assets$9,757,289$11,287,537▲ $1,530,248
Other Assets Total$1,716,855$2,432,128▲ $715,273
Liabilities
Tax Exempt Bond Liabilities$9,627,126$9,525,666▼ $101,460
Other Liabilities$7,591,057$8,830,921▲ $1,239,864
Mortgage Notes Payable Secured by Investment Property-$905,380-
Accounts Payable and Accrued Expenses$203,049$30,244▼ $172,805
Total Liabilities$17,421,232$19,292,211▲ $1,870,979
Net Assets / Fund Balance
Temporarily Rstr Net Assets$-995,017$-873,127▲ $121,890
Unrestricted Net Assets$-6,668,926$-7,131,547▼ $462,621
Total Net Assets Fund Balance$-7,663,943$-8,004,674▼ $340,731
Total Liabilities and Net Assets / Fund Balance$9,757,289$11,287,537▲ $1,530,248

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,625,224$1,897,063$7,522,287
Land$1,827,275-$1,827,275
Equipment$7,192$17,052$24,244
Other Land Buildings$21,928-$21,928
Other Assets Org$927,650--
Compensation and Service Providers
Top Officer Pay19th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kristin TresizeHeadmistressFT$78,085$10,834$88,919

Board Members and Trustees

NameTitle
Amy CasePresident
Ted OkeyCommunity at Large Member
Megan KingParent Member
Tim FryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,625,589
Program Service Revenue
$253,115
Investment Income
$8,760
Other Revenue
$63,542
All Other Contributions
$27,308
Change in Net Assets
$192,096

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,968,205
Revenue Not Reported on Financial Statements
$-17,199
Other Revenue Adjustments
$-17,199
Total Revenue per Audited Statements
$5,968,205
Total Revenue per Form 990
$5,951,006
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,514,192
Other Expenses$2,242,031
Grants and Similar Amounts Paid$2,687
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,503,566$1,132,378-$2,635,944
Interest$434,243$327,587-$761,830
Other Employee Benefits$409,268$326,561-$735,829
Depreciation Depletion$189,969$143,310-$333,279
Occupancy$181,877$137,205-$319,082
Travel$129,466$5,407-$134,873
Payments to Affiliates$55,047$41,526-$96,573
Current Officers, Directors, Trustees, and Key Employees$50,684$38,235-$88,919
Fees for Services Other$49,841$37,599-$87,440
Office Expenses$45,644$34,434-$80,078
Information Technology$43,193$32,584-$75,777
Payroll Taxes$30,495$23,005-$53,500
Insurance$28,017$21,136-$49,153
All Other Expenses$27,118$18,531-$45,649
Other Expenses$35,982--$35,982
Fees for Services Legal$16,271$12,275-$28,546
Fees for Services Accounting$10,082$7,606-$17,688
Conferences and Meetings$8,382$6,323-$14,705
Advertising$4,626$3,490-$8,116
Grants to Domestic Individuals$2,687--$2,687
Total Functional Expenses$3,409,718$2,349,192$0$5,758,910

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,308,936
Total Expenses per Audited Statements$6,308,936
Total Expenses per Form 990$5,758,910
Expenses Not Reported on Financial Statements$-550,026
Other Expense Adjustments$-550,026
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,000
Fundraising Direct Expenses$8,525
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gauntlet Rac$22,000$14,000$3,525$10,475
None----
Total Events$22,000$14,000$8,525$5,475
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pension Liability$8,650,112
Pension Liability - Deferred Inflow$122,601
Bond Interest Payable$53,208
Escrow or Custodial Account Liabili$5,000

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACecfa2010-11-01$9,650,000CAPITAL CONSTRUCTION
BCecfa2010-11-01$215,000CAPITAL CONSTRUCTION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----
B----

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
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
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“Staff and parents of enrolled students are considered members.”

Member election for additional members Part VI line 7A

“School by-laws prescribe that all voting members (staff and parents of enrolled students) are eligible to vote in school board elections. Elections are held annually in april to elect rotating portion of board.”

Governing body decisions Part VI line 7B

“Any changes to the charter must be approved by a two thirds vote of the members.”

Form 990 governing body review Part VI line 11

“The form 990 is reviewed and approved by the board of directors before filing.”

Conflict of interest policy compliance Part VI line 12C

“Each board member is expected to provide all material facts and personal interests that may be determined to present a conflict of interest before any discussion or negotiation of such transaction. S/he may not participate in the discussion relating to the transation, and may not vote on the transaction. Board members acknowledge understanding and acceptance of the policy by signing it and submitting a report of material facts and personal interests, which is reviewed by the board.”

CEO executive director top management comp Part VI line 15A

“The headmistress salary is determined by the board, which relies on compensation surveys and studies. A very limited budget drives salaries and employees are paid below market in most or all instances.”

Governing documents etc available to public Part VI line 19

“Governing documents are available on the academys website for download or upon request in person at the academys office.”

Filing and Contact Details

Filer

Filer Name
Caprock Academy
EIN
20-5442493
Address
714 24 12 RD, GRAND JUNCTION, CO 81505

Signing Officer

Name
Amy Case
Title
President
Phone
9702431771
Signed
2016-12-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristin Tresize
Formed
2006
Legal Domicile
Co
Voting Board Members
4
Independent Board Members
4
Employees
135
Volunteers
500

Preparer

Firm
Stranger Tallman Lautz Accounting
Address
521 ROOD AVENUE, GRAND JUNCTION, CO 81501
Preparer
Gina Tallman
Phone
9702411116
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Change in unfunded pension liability accounts”

Financial Statement Notes

Escrow account liability (Part IV, line 2B)

“Organization holds a security deposit on a property it leases to a third party.”

Other revenues included on Form 990 (Part XI, line 4B)

“Cost of goods sold 4,165direct fundraising expenses 8,525other expenses netted against revenue for f/s 4,509total 17,199”

Other expenses included on Form 990 (Part XII, line 4B)

“Change in accounts related to unfunded pension liability 532,827cost of goods sold 4,165direct fundraising expenses 8,525other expenses netted against revenue for f/s 4,509total 550,026”

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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt030442
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt027625
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt027625
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0137205
IRS990/OccupancyGrp/ProgramServicesAmt0181877
IRS990/OccupancyGrp/TotalAmt0319082
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt034434
IRS990/OfficeExpensesGrp/ProgramServicesAmt045644
IRS990/OfficeExpensesGrp/TotalAmt080078
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01716855
IRS990/OtherAssetsTotalGrp/EOYAmt02432128
IRS990/OtherChangesInNetAssetsAmt0-532827
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0326561
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0409268
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0735829
IRS990/OtherExpensesGrp/Desc0BOOKS AND PERIODICALS
IRS990/OtherExpensesGrp/Desc1CLASSROOM FUND EXPENDITURES
IRS990/OtherExpensesGrp/Desc2PUPIL ACTIVTY EXPENSES
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt075424
IRS990/OtherExpensesGrp/ProgramServicesAmt140281
IRS990/OtherExpensesGrp/ProgramServicesAmt237555
IRS990/OtherExpensesGrp/ProgramServicesAmt335982
IRS990/OtherExpensesGrp/TotalAmt075424
IRS990/OtherExpensesGrp/TotalAmt140281
IRS990/OtherExpensesGrp/TotalAmt237555
IRS990/OtherExpensesGrp/TotalAmt335982
IRS990/OtherLiabilitiesGrp/BOYAmt07591057
IRS990/OtherLiabilitiesGrp/EOYAmt08830921
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01132378
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01503566
IRS990/OtherSalariesAndWagesGrp/TotalAmt02635944
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt041526
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt055047
IRS990/PaymentsToAffiliatesGrp/TotalAmt096573
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023005
IRS990/PayrollTaxesGrp/ProgramServicesAmt030495
IRS990/PayrollTaxesGrp/TotalAmt053500
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KRISTIN TRESIZE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/BusinessCd4611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1PUPIL ACTIVITY FUNDS
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/Desc3CLASSROOM TEACHER FUNDS
IRS990/ProgramServiceRevenueGrp/Desc4CHILD CARE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0124905
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt140725
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23476
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt337904
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt446105
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0124905
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt140725
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23476
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt337904
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt446105
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04704285
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt04285
IRS990/PYInvestmentIncomeAmt08770
IRS990/PYOtherExpensesAmt02118378
IRS990/PYOtherRevenueAmt0152637
IRS990/PYProgramServiceRevenueAmt0227234
IRS990/PYRevenuesLessExpensesAmt0-123883
IRS990/PYSalariesCompEmpBnftPaidAmt03094146
IRS990/PYTotalExpensesAmt05216809
IRS990/PYTotalRevenueAmt05092926
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0192096
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt027625
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05951006
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0655529
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0663691
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt05625224
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01897063
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07522287
IRS990ScheduleD/EquipmentGrp/BookValueAmt07192
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017052
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024244
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-550026
IRS990ScheduleD/ExpensesSubtotalAmt06308936
IRS990ScheduleD/LandGrp/BookValueAmt01827275
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01827275
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01504478
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1927650
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PENSION DEFERRED OUTFLOW OF RESOURC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1BOND ESCROW ACCOUNT
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-550026
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021928
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt021928
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt053208
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18650112
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2122601
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt35000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOND INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PENSION LIABILITY - DEFERRED INFLOW
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ESCROW OR CUSTODIAL ACCOUNT LIABILI
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-17199
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-17199
IRS990ScheduleD/RevenueSubtotalAmt05968205
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION HOLDS A SECURITY DEPOSIT ON A PROPERTY IT LEASES TO A THIRD PARTY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD 4,165DIRECT FUNDRAISING EXPENSES 8,525OTHER EXPENSES NETTED AGAINST REVENUE FOR F/S 4,509TOTAL 17,199
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CHANGE IN ACCOUNTS RELATED TO UNFUNDED PENSION LIABILITY 532,827COST OF GOODS SOLD 4,165DIRECT FUNDRAISING EXPENSES 8,525OTHER EXPENSES NETTED AGAINST REVENUE FOR F/S 4,509TOTAL 550,026
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Escrow account liability (Part IV, line 2b)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Other revenues included on Form 990 (Part XI, line 4b)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Other expenses included on Form 990 (Part XII, line 4b)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07481619
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02432128
IRS990ScheduleD/TotalExpensesPerForm990Amt05758910
IRS990ScheduleD/TotalLiabilityAmt08830921
IRS990ScheduleD/TotalRevenuePerForm990Amt05951006
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05968205
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06308936
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/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECEIVES PUBLIC EDUCATION FUNDS AND GRANTS THROUGH THE COLORADO CHARTER SCHOOL INSTITUTE OF THE COLORADO DEPARTMENT OF EDUCTION AND OTHER GOVERNMENT AGENCIES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ACADEMY INCLUDES THE RACIAL NONDISCRIMINATION POLICY IN FAMILY HANDBOOKS AND ON ITS WEBSITE. THE ACADEMY DOES NOT HAVE A NORMAL SOLICITATION PERIOD. INSTEAD, ENROLLMENT IS OPEN ALL YEAR EXCEPT FOR ABOUT THREE WEEKS IN JANUARY. THE ACADEMY DOES NOT NORMALLY ADVERTISE EXCEPT SOME NEWSPAPER ADS GENERICALLY ADVERTISING THE SCHOOLS MISSION AND VISION AND THE CURRENT ENROLLMENT YEAR. THE ACADEMY IS EXEMPT FROM THE PUBLICITY REQUIREMENT AS A SCHOOL THAT CUSTOMARILY DRAWS ITS STUDENTS FROM LOCAL COMMUNITIES AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS, UNDER REV PROC 75-50 SEC 4.03(2)(C).
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Governmental Agency Financial Aid (Questions 6a and 6b)
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of nondiscriminatory policy (Question 3)
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt08000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt08000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08525
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GAUNTLET RAC
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0NONE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt014000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt014000
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt05475
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt03500
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt03500
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03525
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03525
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01500
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01500
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd1true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02010-11-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12010-11-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0840896727
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1840896727

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$11,287,537
Liabilities
$19,292,211
Net assets
-$8,004,674
Revenue
$5,951,006
Expenses
$5,758,910
Net income
$192,096
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.8$34.0$7.22$11.3$10.6$0.67
2023Detailed filing. Detailed filing data is available for this year.$25.7$32.6$6.95$9.98$9.41$0.57
2022Detailed filing. Detailed filing data is available for this year.$25.4$31.9$6.53$9.42$8.96$0.47
2021Detailed filing. Detailed filing data is available for this year.$27.6$37.1$9.52$8.75$8.39$0.36
2019Detailed filing. Detailed filing data is available for this year.$27.6$42.8$15.2$7.63$7.45$0.17
2018Detailed filing. Detailed filing data is available for this year.$18.1$33.5$15.5$6.88$6.64$0.23
2017Detailed filing. Detailed filing data is available for this year.$18.0$29.1$11.1$6.57$6.38$0.19
2016Detailed filing. Detailed filing data is available for this year.$11.3$19.3$8.00$5.95$5.76$0.19
2015Summary only. Only limited summary data is available for this year.$9.76$17.4$7.66$5.09$5.22$0.12
2010Summary only. Only limited summary data is available for this year.$2.38$1.78$0.59$2.88$2.63$0.25
2009Summary only. Only limited summary data is available for this year.$1.73$1.39$0.34$2.43$2.28$0.16
2008Summary only. Only limited summary data is available for this year.$1.32$1.14$0.18$2.04$1.93$0.11