Civic Intelligence

Koson Schools DBA STEM School Highlands Ranch

990 • Fiscal year 2024 • EIN 27-4878116

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 10, 2025

Organization Profilewww.stemk12.org
8920 Barrons BlvdHighlands Ranch, CO 80129

(303) 683-7836

Siviq Scores

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

Liabilities / Assets

28th percentile

0.04x

Higher debt load relative to assets than 28% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

16th percentile

0.04x

Higher debt load relative to revenue than 16% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

57th percentile

7.3%

Higher net margin than 57% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

50th percentile

5.0%

Faster asset growth than 50% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

18%

Faster revenue growth than 67% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$18,976,658

Up $911,878 (+5.0%) from 2023

Net Assets

Up

$18,169,172

Up $1,337,705 (+7.9%) from 2023

Liabilities

Down

$807,486

Down $425,827 (-35%) from 2023

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin57th percentile

Revenue

Up

$20,972,334

Up $3,134,464 (+18%) from 2023

Expenses

Up

$19,449,588

Up $2,403,019 (+14%) from 2023

Net Income

Up

$1,522,746

Up $731,445 (+92%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$20M$15M$10M$5.0M$0Assets 2021: $15,587,452Liabilities 2021: $1,314,952Net Assets 2021: $14,272,5002021Assets 2022: $17,222,668Liabilities 2022: $1,182,502Net Assets 2022: $16,040,1662022Assets 2023: $18,064,780Liabilities 2023: $1,233,313Net Assets 2023: $16,831,4672023Assets 2024: $18,976,658Liabilities 2024: $807,486Net Assets 2024: $18,169,1722024Assets 2025: $15,776,007Liabilities 2025: $21,300Net Assets 2025: $15,754,7072025

Highlighted filing

2024

Assets$18,976,658
Liabilities$807,486
Net Assets$18,169,172
Open 2024 Filing

Operations Trend

Revenue Growth67th percentile

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

$30M$20M$10M$0-$10MRevenue 2021: $17,872,586Expenses 2021: $15,734,194Net Income 2021: $2,138,3922021Revenue 2022: $18,442,277Expenses 2022: $16,674,611Net Income 2022: $1,767,6662022Revenue 2023: $17,837,870Expenses 2023: $17,046,569Net Income 2023: $791,3012023Revenue 2024: $20,972,334Expenses 2024: $19,449,588Net Income 2024: $1,522,7462024Revenue 2025: $21,668,136Expenses 2025: $24,515,433Net Income 2025: -$2,847,2972025

Highlighted filing

2024

Revenue$20,972,334
Expenses$19,449,588
Net Income$1,522,746
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 10, 2025
Return Version
2023v6.0
Gross Receipts
$20,972,334
Mission and Program Overview

Mission

Charter school to provide education to students in grades K-12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$14,348,485$15,373,505▲ $1,025,020
Rtn Earn Endowment Incm Other Fnds$13,386,273$14,675,529▲ $1,289,256
Land, Buildings, and Equipment, Net$3,445,194$3,493,643▲ $48,449
Pd in Cap Srpls Land Bldg Eqp Fund$3,445,194$3,493,643▲ $48,449
Accounts Receivable$73,751$63,497▼ $10,254
Prepaid Expenses and Deferred Charges$133,715$46,013▼ $87,702
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$18,064,780$18,976,658▲ $911,878
Other Assets Total$63,635$0▼ $63,635
Liabilities
Accounts Payable and Accrued Expenses$1,233,313$807,486▼ $425,827
Total Liabilities$1,233,313$807,486▼ $425,827
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,831,467$18,169,172▲ $1,337,705
Total Liabilities and Net Assets / Fund Balance$18,064,780$18,976,658▲ $911,878

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,991,865$208,937$2,200,802
Leasehold Improvements$1,288,176$704,409$1,992,585
Equipment$213,602$878,383$1,091,985
Compensation and Service Providers
Top Officer Pay15th percentile

Board Members and Trustees

NameTitle
Kelly ReynaPresident/Chair
Carla GustafsonVice President/Vice Chair
Ishmeet KarlaBoard Member
James HardyBoard Member
Linda DavisonBoard Member
Michelle HorneBoard Member
Rudy LukezBoard Member
Ryan TheretBoard Member/Treasurer
Star AkeChief Financial Officer
Robert HoornstraChief Operating Officer
Nicole SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,011,747
Program Service Revenue
$17,719,246
Investment Income
$748,680
Other Revenue
$1,492,661
All Other Contributions
$12,340
Change in Net Assets
$1,522,746
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,715,437
Other Expenses$6,734,151
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,234,451$3,792,010-$10,026,461
Occupancy-$3,236,281-$3,236,281
Pension Plan Contributions$1,824,979$863,997-$2,688,976
Fees for Services Other$428,447$240,844-$669,291
Depreciation Depletion$165,692$233,714-$399,406
Travel-$304,761-$304,761
Other Expenses$26,334$12,971-$39,305
Information Technology$5,097--$5,097
Total Functional Expenses$8,995,574$10,454,014$0$19,449,588
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Merchandise Sales$39,751---
Book Sales$12,916---
Total Events$93,972---
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
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
Yes
Other officer compensation reviewed
Yes
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

“Reviewed by organizational leadership and posted to website.”

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

“All vendor relationships are vetted within the school's business office to ensure there is no conflict of interest with outside parties. In addition, school policy states that any purchase in excess of 10,000 without obtaining a minimum of three (3) bids unless specifically waived by the Executive Director. Exceptions may be granted in teh case of required curriculum that is only available through one vendor. Generally, the term of any contractual relationships shall not exceed one (1) year, at which time will be re-bid.”

Form 990, Part VI, Section B, line 15

“Leadership reviews all compensation and board approves CEO compensation. Salary review is based on school funding, responsilbilities and prior compensation comparability within the organization as well as other charter schools.”

Form 990, Part VI, Section C, line 19

“Governing documents posted with the Secretary of State, financials on STEM website, and conflict of interest can be Colorado Open Records Act CORA requested.”

Filing and Contact Details

Filer

Filer Name
KOSON Schools
EIN
27-4878116
Phone
3036837836
Address
8920 Barrons Blvd, Highlands Ranch, CO 80129
Doing Business As
STEM School Highlands Ranch

Signing Officer

Name
Matt Cartier
Title
Chief Innovation Officer
Phone
3036837836
Signed
2025-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Cartier
Formed
2021
Legal Domicile
Co
Voting Board Members
12
Independent Board Members
12
Employees
194
Volunteers
250

Preparer

Firm
Hinkle & Company PC
Address
750 W Hampden Avenue Suite 400, Englewood, CO 80110
Preparer
James D Hinkle
Phone
3037961000
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“The board finance committee is comprised of two board members.”

Raw XML AppendixShowing 400 of 447 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01233313
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0807486
IRS990/AccountsReceivableGrp/BOYAmt073751
IRS990/AccountsReceivableGrp/EOYAmt063497
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Charter school to provide education to students in grades K-12.
IRS990/AllOtherContributionsAmt012340
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Star Ake Kathy Falter
IRS990/BooksInCareOfDetail/PhoneNum03036837836
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08920 Barrons Blvd
IRS990/BooksInCareOfDetail/USAddress/CityNm0Highlands Ranch
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080129
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt014348485
IRS990/CashNonInterestBearingGrp/EOYAmt015373505
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt093972
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01011747
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0748680
IRS990/CYOtherExpensesAmt06734151
IRS990/CYOtherRevenueAmt01492661
IRS990/CYProgramServiceRevenueAmt017719246
IRS990/CYRevenuesLessExpensesAmt01522746
IRS990/CYSalariesCompEmpBnftPaidAmt012715437
IRS990/CYTotalExpensesAmt019449588
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt020972334
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0233714
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0165692
IRS990/DepreciationDepletionGrp/TotalAmt0399406
IRS990/Desc0Provide education to approximately 1631 students in grades K-12 for approximately 1,700 - 1,850 students.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0STEM School Highlands Ranch
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0194
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt08995574
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0240844
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0428447
IRS990/FeesForServicesOtherGrp/TotalAmt0669291
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0Star Ake
IRS990/Form990PartVIISectionAGrp/PersonNm1Robert Hoornstra
IRS990/Form990PartVIISectionAGrp/PersonNm2Kelly Reyna
IRS990/Form990PartVIISectionAGrp/PersonNm3Carla Gustafson
IRS990/Form990PartVIISectionAGrp/PersonNm4Nicole Smith
IRS990/Form990PartVIISectionAGrp/PersonNm5Rudy Lukez
IRS990/Form990PartVIISectionAGrp/PersonNm6Linda Davison
IRS990/Form990PartVIISectionAGrp/PersonNm7James Hardy
IRS990/Form990PartVIISectionAGrp/PersonNm8Michelle Horne
IRS990/Form990PartVIISectionAGrp/PersonNm9Ishmeet Karla
IRS990/Form990PartVIISectionAGrp/PersonNm10Ryan Theret
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chief Financial Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chief Operating Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt2President/Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President/Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member/Treasurer
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02021
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt093972
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0905435
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt020972334
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt05097
IRS990/InformationTechnologyGrp/TotalAmt05097
IRS990/InvestmentIncomeGrp/ExclusionAmt0748680
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0748680
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt047
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01791729
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03445194
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03493643
IRS990/LandBldgEquipCostOrOtherBssAmt05285372
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Charter school to provide education to students in grades K-12.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt016831467
IRS990/NetAssetsOrFundBalancesEOYAmt018169172
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03236281
IRS990/OccupancyGrp/TotalAmt03236281
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt063635
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Other Purchased Service
IRS990/OtherExpensesGrp/Desc1Supplies and Materials
IRS990/OtherExpensesGrp/Desc2Dues and Subscriptions
IRS990/OtherExpensesGrp/Desc3Pension Accrual Adjustm
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01487433
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1221241
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt260762
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt312971
IRS990/OtherExpensesGrp/ProgramServicesAmt0310574
IRS990/OtherExpensesGrp/ProgramServicesAmt126334
IRS990/OtherExpensesGrp/TotalAmt01487433
IRS990/OtherExpensesGrp/TotalAmt1531815
IRS990/OtherExpensesGrp/TotalAmt260762
IRS990/OtherExpensesGrp/TotalAmt339305
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900001
IRS990/OtherRevenueMiscGrp/Desc0Legal Settlement
IRS990/OtherRevenueMiscGrp/Desc1Enrichment Service Fee
IRS990/OtherRevenueMiscGrp/Desc2Miscellaneous
IRS990/OtherRevenueMiscGrp/ExclusionAmt0958358
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0158931
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0958358
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1375372
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2158931
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0375372
IRS990/OtherRevenueTotalAmt01492661
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03792010
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06234451
IRS990/OtherSalariesAndWagesGrp/TotalAmt010026461
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt03445194
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt03493643
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0863997
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01824979
IRS990/PensionPlanContributionsGrp/TotalAmt02688976
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0133715
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt046013
IRS990/PrincipalOfficerNm0Matt Cartier
IRS990/PriorPeriodAdjustmentsAmt0-185041
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611700
IRS990/ProgramServiceRevenueGrp/BusinessCd3611700
IRS990/ProgramServiceRevenueGrp/BusinessCd4611700
IRS990/ProgramServiceRevenueGrp/Desc0Per Pupil Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Mill Levy
IRS990/ProgramServiceRevenueGrp/Desc2Student Fees
IRS990/ProgramServiceRevenueGrp/Desc3Student Fees - Testing
IRS990/ProgramServiceRevenueGrp/Desc4Student Fees - Other
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014216691
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13219547
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2231266
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt343517
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt48225
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014216691
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13219547
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2231266
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt343517
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt48225
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01381835
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0558825
IRS990/PYOtherExpensesAmt05450520
IRS990/PYOtherRevenueAmt081168
IRS990/PYProgramServiceRevenueAmt015816042
IRS990/PYRevenuesLessExpensesAmt0791301
IRS990/PYSalariesCompEmpBnftPaidAmt011596049
IRS990/PYTotalExpensesAmt017046569
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt017837870
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01522746
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt017878177
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt013386273
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt014675529
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01991865
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0208937
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02200802
IRS990ScheduleD/EquipmentGrp/BookValueAmt0213602
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0878383
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01091985
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01288176
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0704409
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01992585
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03493643
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/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Pension OPEB adjustments due to GASB statements.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 6
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt093972
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt012916
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt039751
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt041305
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Book Sales
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Merchandise Sales
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt012916
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt039751
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt041305
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt093972
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Reviewed by organizational leadership and posted to website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All vendor relationships are vetted within the school's business office to ensure there is no conflict of interest with outside parties. In addition, school policy states that any purchase in excess of 10,000 without obtaining a minimum of three (3) bids unless specifically waived by the Executive Director. Exceptions may be granted in teh case of required curriculum that is only available through one vendor. Generally, the term of any contractual relationships shall not exceed one (1) year, at which time will be re-bid.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Leadership reviews all compensation and board approves CEO compensation. Salary review is based on school funding, responsilbilities and prior compensation comparability within the organization as well as other charter schools.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents posted with the Secretary of State, financials on STEM website, and conflict of interest can be Colorado Open Records Act CORA requested.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The board finance committee is comprised of two board members.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
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/TotalAssetsBOYAmt018064780
IRS990/TotalAssetsEOYAmt018976658
IRS990/TotalAssetsGrp/BOYAmt018064780
IRS990/TotalAssetsGrp/EOYAmt018976658
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01011747
IRS990/TotalEmployeeCnt0194
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010454014
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08995574
IRS990/TotalFunctionalExpensesGrp/TotalAmt019449588
IRS990/TotalGrossUBIAmt0375372
IRS990/TotalLiabilitiesBOYAmt01233313
IRS990/TotalLiabilitiesEOYAmt0807486
IRS990/TotalLiabilitiesGrp/BOYAmt01233313
IRS990/TotalLiabilitiesGrp/EOYAmt0807486
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016831467
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt018169172
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt08995574
IRS990/TotalProgramServiceRevenueAmt017719246
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01707038
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt017878177
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt020972334
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0375372

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,976,658
Liabilities
$807,486
Net assets
$18,169,172
Revenue
$20,972,334
Expenses
$19,449,588
Net income
$1,522,746
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$15.8$0.02$15.8$21.7$24.5$2.85
2024Detailed filing. Detailed filing data is available for this year.$19.0$0.81$18.2$21.0$19.4$1.52
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.1$1.23$16.8$17.8$17.0$0.79
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.2$1.18$16.0$18.4$16.7$1.77
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$1.31$14.3$17.9$15.7$2.14