Civic Intelligence

Loveland Classical Schools

990 • Fiscal year 2017 • EIN 27-5263381

Jul 01, 2016 to Jun 30, 2017 • Filed on May 09, 2018

Organization Profilewww.lovelandclassical.org
3835 14th St SWLoveland, CO 80537

(970) 541-1507

Siviq Scores

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

Liabilities / Assets

98th percentile

1.88x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

2.66x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

7th percentile

-42%

Higher net margin than 7% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

45th percentile

$111,515

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

98th percentile

169%

Faster asset growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

56th percentile

6.8%

Faster revenue growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$8,494,967

Up $5,332,825 (+169%) from 2016

Net Assets

Down

-$7,462,581

Down $2,512,197 (-51%) from 2016

Liabilities

Up

$15,957,548

Up $7,845,022 (+97%) from 2016

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin7th percentile

Revenue

Up

$5,993,405

Up $383,691 (+6.8%) from 2016

Expenses

Up

$8,505,602

Up $2,842,465 (+50%) from 2016

Net Income

Down

-$2,512,197

Down $2,458,774 (-4602%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$40M$20M$0-$20MAssets 2015: $1,714,729Liabilities 2015: $6,611,690Net Assets 2015: -$4,896,9612015Assets 2016: $3,162,142Liabilities 2016: $8,112,526Net Assets 2016: -$4,950,3842016Assets 2017: $8,494,967Liabilities 2017: $15,957,548Net Assets 2017: -$7,462,5812017Assets 2018: $9,116,085Liabilities 2018: $20,190,089Net Assets 2018: -$11,074,0042018Assets 2019: $6,679,938Liabilities 2019: $17,081,854Net Assets 2019: -$10,401,9162019Assets 2020: $27,213,028Liabilities 2020: $36,532,408Net Assets 2020: -$9,319,3802020Assets 2021: $9,001,943Liabilities 2021: $15,265,903Net Assets 2021: -$6,263,9602021Assets 2022: $8,662,189Liabilities 2022: $11,610,709Net Assets 2022: -$2,948,5202022Assets 2023: $10,842,363Liabilities 2023: $12,153,594Net Assets 2023: -$1,311,2312023Assets 2024: $13,383,371Liabilities 2024: $13,897,884Net Assets 2024: -$514,5132024

Highlighted filing

2017

Assets$8,494,967
Liabilities$15,957,548
Net Assets-$7,462,581
Open 2017 Filing

Operations Trend

Revenue Growth56th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $4,759,978Expenses 2015: $4,740,862Net Income 2015: $19,1162015Revenue 2016: $5,609,714Expenses 2016: $5,663,137Net Income 2016: -$53,4232016Revenue 2017: $5,993,405Expenses 2017: $8,505,602Net Income 2017: -$2,512,1972017Revenue 2018: $6,922,923Expenses 2018: $10,163,715Net Income 2018: -$3,240,7922018Revenue 2019: $8,275,480Expenses 2019: $7,603,392Net Income 2019: $672,0882019Revenue 2020: $9,878,379Expenses 2020: $8,398,379Net Income 2020: $1,480,0002020Revenue 2021: $9,762,112Expenses 2021: $7,183,213Net Income 2021: $2,578,8992021Revenue 2022: $10,286,150Expenses 2022: $6,970,710Net Income 2022: $3,315,4402022Revenue 2023: $12,227,448Expenses 2023: $10,590,159Net Income 2023: $1,637,2892023Revenue 2024: $13,183,268Expenses 2024: $12,386,550Net Income 2024: $796,7182024

Highlighted filing

2017

Revenue$5,993,405
Expenses$8,505,602
Net Income-$2,512,197
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 9, 2018
Return Version
2016v3.0
Gross Receipts
$5,993,405
Mission and Program Overview

Mission

Loveland Classical Schools assists parents in developing young minds with virtuous character, critical thinking skills, and a passion for learning to become exceptional community stewards

Loveland Classical Schools assists parents in developing young minds with virtuous character, critical thinking skills, and a passion for learning to become exceptional community stewards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,649,572$1,870,306▲ $220,734
Land, Buildings, and Equipment, Net$26,313$73,708▲ $47,395
Pd in Cap Srpls Land Bldg Eqp Fund$26,313$73,708▲ $47,395
Accounts Receivable$47,338$59,998▲ $12,660
Pledges and Grants Receivable$10,446$27,816▲ $17,370
Prepaid Expenses and Deferred Charges$21,005$9,791▼ $11,214
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Rtn Earn Endowment Incm Other Fnds$-4,976,697$-7,536,289▼ $2,559,592
Total Assets$3,162,142$8,494,967▲ $5,332,825
Other Assets Total$1,407,468$6,453,348▲ $5,045,880
Liabilities
Other Liabilities$7,825,921$15,627,946▲ $7,802,025
Accounts Payable and Accrued Expenses$271,217$310,682▲ $39,465
Deferred Revenue$15,388$18,920▲ $3,532
Total Liabilities$8,112,526$15,957,548▲ $7,845,022
Net Assets / Fund Balance
Total Net Assets Fund Balance$-4,950,384$-7,462,581▼ $2,512,197
Total Liabilities and Net Assets / Fund Balance$3,162,142$8,494,967▲ $5,332,825

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements-$136,656$136,656
Equipment$73,708$51,788$125,496
Other Assets Org$6,453,348--
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ian StoutExecutive DirectorFT$90,120$21,395$111,515

Board Members and Trustees

NameTitle
Daniel FillerPresident
Bruce FingerDirector
Denise DicksDirector
Howard WengerDirector
John LehnerDirector
William HutchinsonDirector
Jennifer ThayerSecretary
N Joshua DartVP/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$453,753
Program Service Revenue
$5,522,789
Investment Income
$15,533
Other Revenue
$1,330
All Other Contributions
$142,598
Change in Net Assets
$-2,512,197

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,993,405
Total Revenue per Audited Statements
$5,993,405
Total Revenue per Form 990
$5,993,405
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,116,980
Other Expenses$2,388,622
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Pension Plan Contributions$2,591,080$621,749-$3,212,829
Other Salaries and Wages$2,094,374$414,783-$2,509,157
Occupancy$693,031$173,258-$866,289
Other Employee Benefits$201,049$39,351-$240,400
Other Expenses$130,724$45,521-$176,245
Current Officers, Directors, Trustees, and Key Employees-$118,753-$118,753
All Other Expenses$51,847--$51,847
Payroll Taxes$28,049$7,792-$35,841
Insurance-$26,241-$26,241
Office Expenses-$20,875-$20,875
Depreciation Depletion$14,193--$14,193
Fees for Services Legal-$12,733-$12,733
Advertising-$10,399-$10,399
Fees for Services Accounting-$10,000-$10,000
Travel$6,532$1,306-$7,838
Information Technology$4,120--$4,120
Total Functional Expenses$6,679,573$1,826,029$0$8,505,602

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,505,602
Total Expenses per Audited Statements$8,505,602
Total Expenses per Form 990$8,505,602
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability - GASB 68$15,560,082
Deferred Inflows - Pensions - GASB 68$67,864
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

“No committees have the authority to make decisions on behalf of the governing board.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“A copy is provided to all board members prior to filing”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“All board members are required to disclose at any time an issue is voted upon if they have a conflict.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Loveland Classical Schools board of directors used the following efforts in setting compensation for key employees; review of other schools including school districts and charter schools pay schedules, comparison of skill sets, pay schedules and job descriptions. Advice was also sought from other finance departments within education (district, charter and Colorado League of Charter Schools). Assistance was sought from people with financial backgrounds. The board used the evaluation tool recommended by the head of schools of choice unit for the Colorado Department of Education for the principal review process.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Loveland Classical Schools board of directors used the following efforts in setting compensation for key employees; review of other schools including school districts and charter schools pay schedules, comparison of skill sets, pay schedules and job descriptions. Advice was also sought from other finance departments within education (district, charter and Colorado League of Charter Schools). Assistance was sought from people with financial backgrounds. The board used the evaluation tool recommended by the head of schools of choice unit for the Colorado Department of Education for the principal review process.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Financial statements are available to the public.”

Filing and Contact Details

Filer

Filer Name
Loveland Classical Schools
EIN
27-5263381
Phone
9705411507
Address
3835 14th St SW, Loveland, CO 80537

Signing Officer

Name
Ian Stout
Title
Executive Director
Signed
2018-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ian Stout
Formed
2011
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
136
Volunteers
91

Preparer

Firm
Hinkle & Company Pc
Address
5028 East 101st St, Tulsa, OK 74137
Preparer
James D Hinkle CPA
Phone
9184923388
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IRS990/NetAssetsOrFundBalancesEOYAmt0-7462581
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0173258
IRS990/OccupancyGrp/ProgramServicesAmt0693031
IRS990/OccupancyGrp/TotalAmt0866289
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020875
IRS990/OfficeExpensesGrp/TotalAmt020875
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01407468
IRS990/OtherAssetsTotalGrp/EOYAmt06453348
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt039351
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0201049
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0240400
IRS990/OtherExpensesGrp/Desc0SPED Purchased Services
IRS990/OtherExpensesGrp/Desc1Other Purchased Services
IRS990/OtherExpensesGrp/Desc2Other expenses
IRS990/OtherExpensesGrp/Desc3Supplies and Books
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt098390
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1224878
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt245521
IRS990/OtherExpensesGrp/ProgramServicesAmt0680509
IRS990/OtherExpensesGrp/ProgramServicesAmt1184065
IRS990/OtherExpensesGrp/ProgramServicesAmt2130724
IRS990/OtherExpensesGrp/TotalAmt0680509
IRS990/OtherExpensesGrp/TotalAmt1282455
IRS990/OtherExpensesGrp/TotalAmt2224878
IRS990/OtherExpensesGrp/TotalAmt3176245
IRS990/OtherLiabilitiesGrp/BOYAmt07825921
IRS990/OtherLiabilitiesGrp/EOYAmt015627946
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0Other Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01330
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01330
IRS990/OtherRevenueTotalAmt01330
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0414783
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02094374
IRS990/OtherSalariesAndWagesGrp/TotalAmt02509157
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07792
IRS990/PayrollTaxesGrp/ProgramServicesAmt028049
IRS990/PayrollTaxesGrp/TotalAmt035841
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt026313
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt073708
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0621749
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02591080
IRS990/PensionPlanContributionsGrp/TotalAmt03212829
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt010446
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt027816
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021005
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09791
IRS990/PrincipalOfficerNm0Ian Stout
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0District Incremental
IRS990/ProgramServiceRevenueGrp/Desc1Kindergarten Tuition
IRS990/ProgramServiceRevenueGrp/Desc2Materials
IRS990/ProgramServiceRevenueGrp/Desc3Per Pupil Revenue
IRS990/ProgramServiceRevenueGrp/Desc4Student Activity
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0259585
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt166675
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt231238
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35119064
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt446227
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0259585
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt166675
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt231238
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35119064
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt446227
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0379131
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02033
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02087394
IRS990/PYOtherRevenueAmt0375
IRS990/PYProgramServiceRevenueAmt05228175
IRS990/PYRevenuesLessExpensesAmt0-53423
IRS990/PYSalariesCompEmpBnftPaidAmt03575743
IRS990/PYTotalExpensesAmt05663137
IRS990/PYTotalRevenueAmt05609714
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-2512197
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05524119
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-4976697
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-7536289
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt073708
IRS990ScheduleD/EquipmentGrp/DepreciationAmt051788
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0125496
IRS990ScheduleD/ExpensesSubtotalAmt08505602
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0136656
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0136656
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06453348
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows - Pensions - GASB 68
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt067864
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115560082
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Inflows - Pensions - GASB 68
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net Pension Liability - GASB 68
IRS990ScheduleD/RevenueSubtotalAmt05993405
IRS990ScheduleD/TotalBookValueLandBuildingsAmt073708
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06453348
IRS990ScheduleD/TotalExpensesPerForm990Amt08505602
IRS990ScheduleD/TotalLiabilityAmt015627946
IRS990ScheduleD/TotalRevenuePerForm990Amt05993405
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05993405
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08505602
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/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Per Pupil Revenue and grants from the Colorado Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No committees have the authority to make decisions on behalf of the governing board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A copy is provided to all board members prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All board members are required to disclose at any time an issue is voted upon if they have a conflict.

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,494,967
Liabilities
$15,957,548
Net assets
-$7,462,581
Revenue
$5,993,405
Expenses
$8,505,602
Net income
-$2,512,197
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.4$13.9$0.51$13.2$12.4$0.80
2023Detailed filing. Detailed filing data is available for this year.$10.8$12.2$1.31$12.2$10.6$1.64
2022Detailed filing. Detailed filing data is available for this year.$8.66$11.6$2.95$10.3$6.97$3.32
2021Detailed filing. Detailed filing data is available for this year.$9.00$15.3$6.26$9.76$7.18$2.58
2020Detailed filing. Detailed filing data is available for this year.$27.2$36.5$9.32$9.88$8.40$1.48
2019Detailed filing. Detailed filing data is available for this year.$6.68$17.1$10.4$8.28$7.60$0.67
2018Detailed filing. Detailed filing data is available for this year.$9.12$20.2$11.1$6.92$10.2$3.24
2017Detailed filing. Detailed filing data is available for this year.$8.49$16.0$7.46$5.99$8.51$2.51
2016Detailed filing. Detailed filing data is available for this year.$3.16$8.11$4.95$5.61$5.66$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.71$6.61$4.90$4.76$4.74$0.02