Civic Intelligence

Ambleside School

990 • Fiscal year 2022 • EIN 27-1507931

Jul 01, 2021 to Jun 30, 2022 • Filed on May 09, 2023

1510 E Phillips AveCentennial, CO 80122

(720) 712-0464

Siviq Scores

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

Liabilities / Assets

86th percentile

0.56x

Higher debt load relative to assets than 86% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

79th percentile

0.46x

Higher debt load relative to revenue than 79% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

70th percentile

20%

Higher net margin than 70% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$109,010

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

91st percentile

70%

Faster asset growth than 91% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

74th percentile

32%

Faster revenue growth than 74% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,518,770

Up $627,314 (+70%) from 2021

Net Assets

Up

$672,538

Up $362,042 (+117%) from 2021

Liabilities

Up

$846,232

Up $265,272 (+46%) from 2021

Revenue

Up

$1,827,824

Up $440,675 (+32%) from 2021

Expenses

Up

$1,465,778

Up $278,919 (+24%) from 2021

Net Income

Up

$362,046

Up $161,756 (+81%) from 2021

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2019: $357,019Liabilities 2019: $433,599Net Assets 2019: -$76,5802019Assets 2020: $685,995Liabilities 2020: $575,789Net Assets 2020: $110,2062020Assets 2021: $891,456Liabilities 2021: $580,960Net Assets 2021: $310,4962021Assets 2022: $1,518,770Liabilities 2022: $846,232Net Assets 2022: $672,5382022Assets 2023: $2,245,791Liabilities 2023: $1,113,564Net Assets 2023: $1,132,2272023Assets 2024: $13,775,019Liabilities 2024: $1,170,603Net Assets 2024: $12,604,4162024

Highlighted filing

2022

Assets$1,518,770
Liabilities$846,232
Net Assets$672,538

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2019: $1,061,683Expenses 2019: $1,136,406Net Income 2019: -$74,7232019Revenue 2020: $1,387,207Expenses 2020: $1,150,640Net Income 2020: $236,5672020Revenue 2021: $1,387,149Expenses 2021: $1,186,859Net Income 2021: $200,2902021Revenue 2022: $1,827,824Expenses 2022: $1,465,778Net Income 2022: $362,0462022Revenue 2023: $2,335,146Expenses 2023: $1,875,457Net Income 2023: $459,6892023Revenue 2024: $13,966,887Expenses 2024: $2,494,698Net Income 2024: $11,472,1892024

Highlighted filing

2022

Revenue$1,827,824
Expenses$1,465,778
Net Income$362,046
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 9, 2023
Return Version
2021v4.2
Gross Receipts
$1,870,673
Mission and Program Overview

Mission

To offer a k-8 education centered on christ and employing the education philosophy and methodology of british educator charlotte mason we aim to train students in habits of learning so they can aquire knowledge for themselves

To offer a k-8 education centered on christ and employing the education philosopy and methodology of british educator charlotte mason. We aim to train students in habits of learning so they can aquire knowledge for themselves.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$876,422$1,504,355▲ $627,933
Land, Buildings, and Equipment, Net$3,089$2,471▼ $618
Total Assets$891,456$1,518,770▲ $627,314
Other Assets Total$11,945$11,944▼ $1
Liabilities
Deferred Revenue$509,785$777,313▲ $267,528
Accounts Payable and Accrued Expenses$71,175$68,919▼ $2,256
Total Liabilities$580,960$846,232▲ $265,272
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$105,660$424,558▲ $318,898
Net Assets With Donor Restrictions$204,836$247,980▲ $43,144
Total Net Assets Fund Balance$310,496$672,538▲ $362,042
Total Liabilities and Net Assets / Fund Balance$891,456$1,518,770▲ $627,314

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,471$1,854$4,325
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew HayesPrincipalFT$93,005$16,005$109,010

Board Members and Trustees

NameTitle
Nathan JohnsonChairman
Bill St CyrBoard Member
Diana GuetigBoard Member
Eliza LewisBoard Member
Scott BorgerBoard Member
Tom KimballBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$358,326
Program Service Revenue
$1,468,728
Investment Income
$415
Other Revenue
$355
All Other Contributions
$358,326
Change in Net Assets
$362,046

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,624,243
Revenue Not Reported on Financial Statements
$203,581
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$203,581
Total Revenue per Audited Statements
$1,624,243
Total Revenue per Form 990
$1,827,824
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$992,137
Other Expenses$270,063
Grants and Similar Amounts Paid$203,578
Total Fundraising Expense$24,492
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$588,909$152,197$6,674$747,780
Grants to Domestic Individuals$203,578--$203,578
Current Officers, Directors, Trustees, and Key Employees$60,949$60,949$13,544$135,442
Payroll Taxes$55,485$17,553$1,455$74,493
Occupancy$52,525$16,616$1,377$70,518
Fees for Services Other$41,721--$41,721
Other Employee Benefits$27,109$7,006$307$34,422
Office Expenses$24,920$7,464$619$33,003
Fees for Services Accounting-$18,963-$18,963
Travel$11,839$1,343-$13,182
Other Expenses$5,309$7,024$421$12,754
Information Technology-$12,569-$12,569
Advertising-$8,670-$8,670
Insurance$3,640$4,779$95$8,514
Fees for Services Legal-$1,410-$1,410
Depreciation Depletion-$618-$618
Total Functional Expenses$1,124,125$317,161$24,492$1,465,778

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,465,778
Expenses per Audited Statements$1,262,201
Total Expenses per Audited Statements$1,262,201
Expenses Not Reported on Financial Statements$203,577
Other Expense Adjustments$203,577
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$32,806
Fundraising Direct Expenses$32,451
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Donor Dinner$32,806$32,806$1,715$31,091
Total Events$32,806$32,806$32,451$355
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is completed by the school's accountant and provided to the school's office manager, board chair, and finance chair for review. The return is then provided to each school board member who may or may not choose to review it. Once approved it is submitted.

Form 990, Part VI, Section B, Line 15A

Compensation for the principal was developed by using comparable compensation data for similarly qualified persons in similar positions and approved by the board.

Form 990, Part VI, Section C, Line 19

Governing documents, including our conflict of interest policy are available to the ambleside community upon request. Financial summaries are submitted to the community annualluy.

Filing and Contact Details

Filer

Filer Name
Ambleside School
EIN
27-1507931
Phone
7207120464
Address
1510 E PHILLIPS AVE, CENTENNIAL, CO 80122

Signing Officer

Name
Nathan Johnson
Title
Board Chair
Phone
7207120464
Signed
2023-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathan Johnson
Formed
2010
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
28
Volunteers
35

Preparer

Firm
Watson Coon Ryan LLC
Address
6025 SOUTH QUEBEC STREET SUITE 260, CENTENNIAL, CO 80111
Preparer
Jeremy J Ryan
Phone
3037923020
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING -4.

Form 990, Part XII, Line 2C

The process of the oversight of the audit of its financial statements and selection of an independent accountant has not changed from prior years.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Tuition assistance is presented net of revenue for us gaap purposes rounding

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Tuition assistance is presented net of revenue for us gaap purposes rounding

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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/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01468728
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/EquipmentGrp/BookValueAmt02471
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01854
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04325
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0203577
IRS990ScheduleD/ExpensesSubtotalAmt01262201
IRS990ScheduleD/OtherExpensesNotIncludedAmt0203577
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0203581
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0203581
IRS990ScheduleD/RevenueSubtotalAmt01624243
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TUITION ASSISTANCE IS PRESENTED NET OF REVENUE FOR US GAAP PURPOSES ROUNDING
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1TUITION ASSISTANCE IS PRESENTED NET OF REVENUE FOR US GAAP PURPOSES ROUNDING
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02471
IRS990ScheduleD/TotalExpensesPerForm990Amt01465778
IRS990ScheduleD/TotalRevenuePerForm990Amt01827824
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01624243
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01262201
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd00
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND NON DISCRIMINATORY POLICIES ARE AVAILABLE UPON REQUEST.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1AMBLESIDE MAINTAINS NONDISCRIMINATORY POLICIES IN ADMISSIONS, EMPLOYMENT, AND TUITION ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt032451
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DONOR DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01631
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01631
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt032806
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt032806
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt032806
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt032806
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0355
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01715
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01715
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt029105
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt029105
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0203578
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0FINANCIAL AID GRANTS ARE ONLY GIVEN TO ATTEND AMBLESIDE SCHOOL. TO BE ELIGIBLE FOR FINANCIAL AID, PARENTS MUST SUBMIT AN APPLICATION THROUGH FACTS. APPLICATIONS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt036
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0TUITION REDUCTION
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS COMPLETED BY THE SCHOOL'S ACCOUNTANT AND PROVIDED TO THE SCHOOL'S OFFICE MANAGER, BOARD CHAIR, AND FINANCE CHAIR FOR REVIEW. THE RETURN IS THEN PROVIDED TO EACH SCHOOL BOARD MEMBER WHO MAY OR MAY NOT CHOOSE TO REVIEW IT. ONCE APPROVED IT IS SUBMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION FOR THE PRINCIPAL WAS DEVELOPED BY USING COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN SIMILAR POSITIONS AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, INCLUDING OUR CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE AMBLESIDE COMMUNITY UPON REQUEST. FINANCIAL SUMMARIES ARE SUBMITTED TO THE COMMUNITY ANNUALLUY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING -4.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS OF THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0891456
IRS990/TotalAssetsEOYAmt01518770
IRS990/TotalAssetsGrp/BOYAmt0891456
IRS990/TotalAssetsGrp/EOYAmt01518770
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0358326
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024492
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0317161
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01124125
IRS990/TotalFunctionalExpensesGrp/TotalAmt01465778
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0580960
IRS990/TotalLiabilitiesEOYAmt0846232
IRS990/TotalLiabilitiesGrp/BOYAmt0580960
IRS990/TotalLiabilitiesGrp/EOYAmt0846232
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0310496
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0672538
IRS990/TotalOtherCompensationAmt016005
IRS990/TotalProgramServiceExpensesAmt01124125
IRS990/TotalProgramServiceRevenueAmt01468728
IRS990/TotalReportableCompFromOrgAmt093005
IRS990/TotalRevenueGrp/ExclusionAmt0770
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01468728
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01827824
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0891456
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01518770
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01343
IRS990/TravelGrp/ProgramServicesAmt011839
IRS990/TravelGrp/TotalAmt013182
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01510 E PHILLIPS AVE

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