Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
990 • Fiscal year 2023 • EIN 26-3823113
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Liabilities / Revenue
83rd percentile
Higher debt load relative to revenue than 83% of similar nonprofits.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
45th percentile
Higher top officer pay than 45% of similar nonprofits.
Top officer pay equals 2.8% of source-year revenue.
Asset Growth
71st percentile
Faster asset growth than 71% of similar nonprofits.
Revenue Growth
42nd percentile
Faster revenue growth than 42% of similar nonprofits.
Assets
Up$6,613,684
Up $863,393 (+15%) from 2022
Net Assets
Up$2,459,083
Up $507,151 (+26%) from 2022
Liabilities
Up$4,154,601
Up $356,242 (+9.4%) from 2022
Revenue
Up$4,143,866
Up $93,948 (+2.3%) from 2022
Expenses
Up$3,636,715
Up $1,205,709 (+50%) from 2022
Net Income
Down$507,151
Down $1,111,761 (-69%) from 2022
Our students and staff will investigate ideas and master advanced content, reflect upon their own progress, explore connections between disciplines, and lead others in positive ways to new heights in achievement and service to the community.
We will create an academic home for advanced and creative learning, cultivate personal and standards-based excellence and leadership ability, and serve as a resource center for the gifted community of the Pikes Peak Region.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,358,464 | $2,574,199 | ▲ $215,735 |
| Cash and Non-Interest-Bearing Accounts | $1,655,411 | $2,284,008 | ▲ $628,597 |
| Savings and Temporary Cash Investments | $715,399 | $704,193 | ▼ $11,206 |
| Pledges and Grants Receivable | $489,913 | $252,409 | ▼ $237,504 |
| Prepaid Expenses and Deferred Charges | $744 | $23,688 | ▲ $22,944 |
| Accounts Receivable | $142 | $0 | ▼ $142 |
| Total Assets | $5,750,291 | $6,613,684 | ▲ $863,393 |
| Other Assets Total | $530,218 | $775,187 | ▲ $244,969 |
| Liabilities | |||
| Other Liabilities | $3,661,762 | $3,870,844 | ▲ $209,082 |
| Accounts Payable and Accrued Expenses | $136,597 | $280,757 | ▲ $144,160 |
| Deferred Revenue | - | $3,000 | - |
| Total Liabilities | $3,798,359 | $4,154,601 | ▲ $356,242 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,844,932 | $2,339,083 | ▲ $494,151 |
| Net Assets With Donor Restrictions | $107,000 | $120,000 | ▲ $13,000 |
| Total Net Assets Fund Balance | $1,951,932 | $2,459,083 | ▲ $507,151 |
| Total Liabilities and Net Assets / Fund Balance | $5,750,291 | $6,613,684 | ▲ $863,393 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,193,807 | - | $2,193,807 |
| Leasehold Improvements | $258,212 | $102,232 | $360,444 |
| Other Land Buildings | $94,942 | - | $94,942 |
| Equipment | $27,238 | $39,905 | $67,143 |
| Other Assets Org | $775,187 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Nikki Myers | Academy Director | FT | $104,063 | $10,677 | $114,740 |
| Name | Title |
|---|---|
| Bryan Owens | President |
| Mark Vogtner | Vice President |
| Ashley Sportel | Secretary |
| Scott Marcy | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $2,002,294 |
| Other Expenses | $1,634,421 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,253,764 | $221,253 | - | $1,475,017 |
| Pension Plan Contributions | $250,613 | $46,647 | - | $297,260 |
| All Other Expenses | $122,365 | $21,594 | - | $143,959 |
| Current Officers, Directors, Trustees, and Key Employees | $82,304 | $27,435 | - | $109,739 |
| Other Expenses | $92,148 | $16,261 | - | $108,409 |
| Occupancy | $88,369 | $15,595 | - | $103,964 |
| Other Employee Benefits | $75,617 | $14,075 | - | $89,692 |
| Payroll Taxes | $25,786 | $4,800 | - | $30,586 |
| Depreciation Depletion | $25,667 | $4,530 | - | $30,197 |
| Insurance | $19,726 | $3,484 | - | $23,210 |
| Interest | $14,692 | $2,593 | - | $17,285 |
| Fees for Services Accounting | - | $14,400 | - | $14,400 |
| Information Technology | $6,247 | $1,103 | - | $7,350 |
| Fees for Services Legal | - | $2,793 | - | $2,793 |
| Travel | $1,700 | $300 | - | $2,000 |
| Office Expenses | $824 | $145 | - | $969 |
| Total Functional Expenses | $3,091,742 | $544,973 | $0 | $3,636,715 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $3,636,715 |
| Total Expenses per Audited Statements | $3,636,715 |
| Total Expenses per Form 990 | $3,636,715 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Net Pension Liabilities | $3,418,365 |
| Deferred Inflows of Resources | $335,931 |
| Net OPEB Liability | $116,548 |
“Parents of students at Academy for Advanced and Creative Learning are members for purposes of the 990.”
“The parents of students at AACL can elect up to three representatives to serve on the governing board.”
“Form 990 is reviewed by the Finance Committee and made available to the board before filing. The board is presented the 990 at a board meeting, which may occur after the return is filed.”
“The board and officers are required to disclose any potential conflicts of interest as defined by the School's policy and in accordance with District 11 policies. Any potential conflict is brought to the board for resolution and if a conflict is determined to exist the involved person is recused from the meeting and may not vote on the matter.”
“A committee of the board conducted the recruitment and recommendation of hiring of the Academy Director. Compensation was based on an informal survey of the compensation of other charter schools. Official actions are documented in the board minutes.”
“Form 990 is made available to the public upon request.”
“Governing documents, conflict of interest policy and financial statements are available upon request. Certain information is available on the School's website in compliance with the Financial Transparency Act.”
“The finance committee oversees audit services and selection of independent auditors. This has not changed from the prior year.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 136597 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 280757 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 142 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | We will create an academic home for advanced and creative learning, cultivate personal and standards-based excellence and leadership ability, and serve as a resource center for the gifted community of the Pikes Peak Region. |
| IRS990/AllOtherContributionsAmt | 0 | 4129 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 21594 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 122365 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 143959 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | The Organization |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7194346566 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2510 N Chestnut Street |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Colorado Springs |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CO |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 80907 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1655411 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 2284008 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 27435 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 82304 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 109739 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 430408 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 5904 |
| IRS990/CYOtherExpensesAmt | 0 | 1634421 |
| IRS990/CYOtherRevenueAmt | 0 | 2068 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 3705486 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 507151 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 2002294 |
| IRS990/CYTotalExpensesAmt | 0 | 3636715 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 4143866 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 3000 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 4530 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 25667 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 30197 |
| IRS990/Desc | 0 | Academy for Advanced and Creative Learning (AACL) is a K-8 open-enrollment charter school that is authorized by District 11 Colorado Springs. AACL specializes in advanced learners and serves students who are gifted, advanced, creative, and twice-exceptional. The school served 289 students during the 2022-2023 fiscal year. Students include those living within District 11 and also students coming from outside the District within the Pikes Peak Region. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 107000 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 120000 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 75 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 3091742 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 14400 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 14400 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 2793 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 2793 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 60.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 10677 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Scott Marcy |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Ashley Sportel |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Bryan Owens |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Mark Vogtner |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Nikki Myers |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 104063 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Academy Director |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2008 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GovernmentGrantsAmt | 0 | 426279 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 4143866 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 1103 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 6247 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 7350 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 3484 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 19726 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 23210 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 2593 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 14692 |
| IRS990/InterestGrp/TotalAmt | 0 | 17285 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 5904 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 5904 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 10 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 142137 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2358464 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2574199 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 2716336 |
| IRS990/LegalDomicileStateCd | 0 | CO |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | Our students and staff will investigate ideas and master advanced content, reflect upon their own progress, explore connections between disciplines, and lead others in positive ways to new heights in achievement and service to the community. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1951932 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2459083 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1844932 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2339083 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 15595 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 88369 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 103964 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 145 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 824 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 969 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 530218 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 775187 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 14075 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 75617 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 89692 |
| IRS990/OtherExpensesGrp/Desc | 0 | Purchased Services |
| IRS990/OtherExpensesGrp/Desc | 1 | Instructional Supplies |
| IRS990/OtherExpensesGrp/Desc | 2 | Educational Services |
| IRS990/OtherExpensesGrp/Desc | 3 | Small Equipment |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 124755 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 23210 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 16261 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 706942 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 193457 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 131521 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 92148 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 831697 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 193457 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 154731 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 108409 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 3661762 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 3870844 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 611110 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Miscellaneous Revenue |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2068 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 2068 |
| IRS990/OtherRevenueTotalAmt | 0 | 2068 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 221253 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1253764 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1475017 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 4800 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 25786 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 30586 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 46647 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 250613 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 297260 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 489913 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 252409 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 744 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 23688 |
| IRS990/PrincipalOfficerNm | 0 | Scott Marcy |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 611110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Per Pupil Revenue |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Mill Levy Override |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Other Program Services |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2703162 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 963173 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 39151 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2703162 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 963173 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 39151 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 611053 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 714 |
| IRS990/PYOtherExpensesAmt | 0 | 1615706 |
| IRS990/PYOtherRevenueAmt | 0 | 5249 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 3432902 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1618912 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 815300 |
| IRS990/PYTotalExpensesAmt | 0 | 2431006 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 4049918 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 507151 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 3707554 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 715399 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 704193 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
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| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2193807 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 27238 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 39905 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 67143 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 3636715 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 258212 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 102232 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 360444 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 775187 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Deferred Outflows of Resources |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 94942 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 94942 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 335931 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 3418365 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 116548 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Deferred Inflows of Resources |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Net Pension Liabilities |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Net OPEB Liability |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 4143866 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2574199 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 775187 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 3636715 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 3870844 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 4143866 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 4143866 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 3636715 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 1 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | Section 5.3 of the charter contract requires a racially nondiscriminatory policy which the school has and follows. Forms and information utilized during enrollment period include a written statement regarding the policy. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | The school received grants from the Colorado Department of Education for charter school for instructional expenditures. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Part I, Line 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule E, Part I, Line 6 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Parents of students at Academy for Advanced and Creative Learning are members for purposes of the 990. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The parents of students at AACL can elect up to three representatives to serve on the governing board. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Form 990 is reviewed by the Finance Committee and made available to the board before filing. The board is presented the 990 at a board meeting, which may occur after the return is filed. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The board and officers are required to disclose any potential conflicts of interest as defined by the School's policy and in accordance with District 11 policies. Any potential conflict is brought to the board for resolution and if a conflict is determined to exist the involved person is recused from the meeting and may not vote on the matter. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | A committee of the board conducted the recruitment and recommendation of hiring of the Academy Director. Compensation was based on an informal survey of the compensation of other charter schools. Official actions are documented in the board minutes. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Form 990 is made available to the public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Governing documents, conflict of interest policy and financial statements are available upon request. Certain information is available on the School's website in compliance with the Financial Transparency Act. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | The finance committee oversees audit services and selection of independent auditors. This has not changed from the prior year. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section B, line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section C, line 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part XII, Line 2c: |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 6613684 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 5750291 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 6613684 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 430408 |
| IRS990/TotalEmployeeCnt | 0 | 75 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 544973 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 3091742 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 3636715 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 3798359 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 4154601 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 3798359 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 4154601 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1951932 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2459083 |
| IRS990/TotalOtherCompensationAmt | 0 | 10677 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 3091742 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 3705486 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 104063 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 5904 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3707554 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 4143866 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 5750291 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 6613684 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 300 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 1700 |
| IRS990/TravelGrp/TotalAmt | 0 | 2000 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 2510 N Chestnut Street |
| IRS990/USAddress/CityNm | 0 | Colorado Springs |
| IRS990/USAddress/StateAbbreviationCd | 0 | CO |
| IRS990/USAddress/ZIPCd | 0 | 80907 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | www.academyacl.org |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.