Civic Intelligence

Rocky Mountain Preparatory Schools

EIN 45-1203094 • 501(c)3 • Denver, CO

Profile

The school's mission is to educate students in pre-kindergarten through 8th grade with the rigorous academic preparation, character development, and individualized support necessary to succeed in a 4 year college and life.

2480 W 26th Ave B-360Denver, CO 80211

rockymountainprep.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

52nd percentile

5.0%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

52nd percentile

$271,154

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

66th percentile

16%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $25,758,997 (-100%) from 2022

Liabilities

Down

$0

Down $18,371,524 (-100%) from 2022

Net Assets

Down

$0

Down $7,387,473 (-100%) from 2022

Revenue

Up

$37,121,097

Up $5,200,479 (+16%) from 2022

Expenses

Up

$35,272,826

Up $5,838,385 (+20%) from 2022

Net Income

Down

$1,848,271

Down $637,906 (-26%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0-$10MAssets 2012: $249,222Liabilities 2012: $108,194Net Assets 2012: $141,0282012Assets 2013: $618,792Liabilities 2013: $7,284Net Assets 2013: $611,5082013Assets 2014: $1,009,236Liabilities 2014: $61,982Net Assets 2014: $947,2542014Assets 2015: $1,668,712Liabilities 2015: $1,891,762Net Assets 2015: -$223,0502015Assets 2016: $4,307,528Liabilities 2016: $3,772,509Net Assets 2016: $535,0192016Assets 2017: $8,229,901Liabilities 2017: $7,862,008Net Assets 2017: $367,8932017Assets 2018: $12,503,282Liabilities 2018: $12,970,404Net Assets 2018: -$467,1222018Assets 2019: $16,157,889Liabilities 2019: $15,644,990Net Assets 2019: $512,8992019Assets 2020: $22,644,198Liabilities 2020: $21,841,399Net Assets 2020: $802,7992020Assets 2021: $30,804,994Liabilities 2021: $25,903,698Net Assets 2021: $4,901,2962021Assets 2022: $25,758,997Liabilities 2022: $18,371,524Net Assets 2022: $7,387,4732022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0-$10MRevenue 2012: $534,079Expenses 2012: $413,670Net Income 2012: $120,4092012Revenue 2013: $2,178,788Expenses 2013: $1,708,308Net Income 2013: $470,4802013Revenue 2014: $3,463,703Expenses 2014: $3,127,957Net Income 2014: $335,7462014Revenue 2015: $3,336,279Expenses 2015: $3,602,205Net Income 2015: -$265,9262015Revenue 2016: $7,362,938Expenses 2016: $7,544,091Net Income 2016: -$181,1532016Revenue 2017: $10,851,270Expenses 2017: $11,018,396Net Income 2017: -$167,1262017Revenue 2018: $15,628,544Expenses 2018: $16,187,395Net Income 2018: -$558,8512018Revenue 2019: $21,879,583Expenses 2019: $20,899,562Net Income 2019: $980,0212019Revenue 2020: $27,115,318Expenses 2020: $26,825,418Net Income 2020: $289,9002020Revenue 2021: $31,097,127Expenses 2021: $26,998,630Net Income 2021: $4,098,4972021Revenue 2022: $31,920,618Expenses 2022: $29,434,441Net Income 2022: $2,486,1772022Revenue 2023: $37,121,097Expenses 2023: $35,272,826Net Income 2023: $1,848,2712023

Highlighted filing

2023

Revenue$37,121,097
Expenses$35,272,826
Net Income$1,848,271

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$37.1$35.3$1.85
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.8$18.4$7.39$31.9$29.4$2.49
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.8$25.9$4.90$31.1$27.0$4.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.6$21.8$0.80$27.1$26.8$0.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.2$15.6$0.51$21.9$20.9$0.98
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$13.0$0.47$15.6$16.2$0.56
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.23$7.86$0.37$10.9$11.0$0.17
2016Detailed filing. Detailed filing data is available for this year.$4.31$3.77$0.54$7.36$7.54$0.18
2015Summary only. Only limited summary data is available for this year.$1.67$1.89$0.22$3.34$3.60$0.27
2014Summary only. Only limited summary data is available for this year.$1.01$0.06$0.95$3.46$3.13$0.34
2013Summary only. Only limited summary data is available for this year.$0.62$0.01$0.61$2.18$1.71$0.47
2012Summary only. Only limited summary data is available for this year.$0.25$0.11$0.14$0.53$0.41$0.12
Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 26, 2023
Return Version
2021v4.2
Gross Receipts
$31,920,618
Mission and Program Overview

Mission

The school's mission is to educate students in pre-kindergarten through 8th grade with the rigorous academic preparation, character development, and individualized support necessary to succeed in a 4 year college and life.

To educate students in pre-kindergarten through 5th grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$14,745,866$14,636,851▼ $109,015
Cap Stk Tr Prin Current Funds$4,745,723$7,245,637▲ $2,499,914
Pledges and Grants Receivable$2,374,505$3,182,434▲ $807,929
Land, Buildings, and Equipment, Net$155,573$141,836▼ $13,737
Pd in Cap Srpls Land Bldg Eqp Fund$155,573$141,836▼ $13,737
Prepaid Expenses and Deferred Charges$12,908$32,919▲ $20,011
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$30,804,994$25,758,997▼ $5,045,997
Other Assets Total$13,516,142$7,764,957▼ $5,751,185
Liabilities
Other Liabilities$24,949,251$17,471,819▼ $7,477,432
Accounts Payable and Accrued Expenses$653,058$900,694▲ $247,636
Unsecured Notes Loans Payable$300,000--
Deferred Revenue$1,389$-989▼ $2,378
Total Liabilities$25,903,698$18,371,524▼ $7,532,174
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,901,296$7,387,473▲ $2,486,177
Total Liabilities and Net Assets / Fund Balance$30,804,994$25,758,997▼ $5,045,997

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$141,836$96,070$237,906
Other Assets Org$7,764,957--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sara LynchFormer Chief Schools OfficerFT$141,954$28,782$170,736
Tricia NoyolaCEOFT$136,712$24,997$161,709
Indrina KanthChief of StaffFT$128,793$26,258$155,051
Christy SadriPresidentFT$124,917$24,484$149,401
Cara EngChief Operations and Financial OfficerFT$122,134$25,180$147,314
Abigail WorlandManaging Director of PeopleFT$116,112$23,177$139,289
Jennifer ReeseManaging Director of CultuFT$114,636$23,910$138,546
Caitlin VaughanPrincipalFT$101,440$24,265$125,705
Austen KassingerPrincipalFT$107,132$18,137$125,269
James CryanFormer CEOFT$108,348$15,993$124,341
Kayla BylundPrincipalFT$100,997$20,663$121,660

Board Members and Trustees

NameTitle
Charlotte BrantleyBoard President
Jessica ThwaitesBoard Vice President
Patrick DonovanBoard Treasurer
Jemal TakeleMember
Jill Hamilton AnschutzMember
Lee WhiteMember
Marlon MarshallMember
Russell HedmanMember
Therese Zozel-harperMember
Revenue and Support

Revenue Composition

Contributions and Grants
$31,755,203
Program Service Revenue
$0
Investment Income
$15,266
Other Revenue
$150,149
All Other Contributions
$1,193,143
Change in Net Assets
$2,486,177
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$18,375,568
Other Expenses$11,058,873
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,694,015$2,091,925-$14,785,940
Fees for Services Other$3,007,683$784,299-$3,791,982
Occupancy$2,251,033--$2,251,033
Pension Plan Contributions$1,147,481$369,363-$1,516,844
Other Employee Benefits$834,949$198,525-$1,033,474
Other Expenses$668,698$161,703-$830,401
Current Officers, Directors, Trustees, and Key Employees-$783,485-$783,485
Advertising-$383,199-$383,199
Office Expenses-$311,075-$311,075
Payroll Taxes$209,841$45,984-$255,825
Insurance-$120,702-$120,702
Fees for Services Accounting-$115,227-$115,227
Depreciation Depletion$90,237--$90,237
Conferences and Meetings$42,532--$42,532
Travel-$27,422-$27,422
Fees for Services Legal-$25,861-$25,861
Total Functional Expenses$24,015,671$5,418,770$0$29,434,441
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liabilities$16,750,116
Net Opeb Liabilities$721,703
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is then submitted to the board of directors for their review and approval prior to submitting to the irs.

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

Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.

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

The ceo's pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the ceo's compensation as a direct action. The officers and key employees' pay is determine based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the officers and key employees' compensation as a direct action.

Form 990, Part VI, Section C, Line 19

The documents are readily available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Rocky Mountain Preparatory Schools
EIN
45-1203094
Phone
7206080219
Address
2480 W 26TH AVE B-360, DENVER, CO 80211

Signing Officer

Name
Cara Eng
Title
CFO
Phone
7206080219
Signed
2023-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tricia Noyola
Formed
2012
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
383
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Wade Mcmullen
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other fees for services: program service expenses 3,007,683. Management and general expenses 772,190. Fundraising expenses 0. Total expenses 3,779,873. Bank fees: program service expenses 0. Management and general expenses 12,109. Fundraising expenses 0. Total expenses 12,109.

Raw XML AppendixShowing 400 of 613 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
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IRS990/Desc0THE SCHOOL'S MISSION IS TO EDUCATE STUDENTS IN PRE-KINDERGARTEN THROUGH 5TH GRADE WITH THE RIGOROUS ACADEMIC PREPARATION, CHARACTER DEVELOPMENT, AND INDIVIDUALIZED SUPPORT NECESSARY TO SUCCEED IN A 4 YEAR COLLEGE AND LIFE. THE SCHOOL SERVED APPROXIMATELY, 582 STUDENTS AT CREEKSIDE, 414 STUDENTS AT SOUTHWEST, 545 STUDENTS AT FLETCHER, AND 319 STUDENTS AT BERKELEY.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11FORMER CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF OF STAFF
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF OPERATIONS AND FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14FORMER CHIEF SCHOOLS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MANAGING DIRECTOR OF CULTU
IRS990/Form990PartVIISectionAGrp/TitleTxt16MANAGING DIRECTOR OF PEOPLE
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRINCIPAL
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IRS990/FormationYr02012
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IRS990/FSAuditedInd01
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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt031920618
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
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IRS990/IndoorTanningServicesInd00
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IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SCHOOL'S MISSION IS TO EDUCATE STUDENTS IN PRE-KINDERGARTEN THROUGH 5TH GRADE WITH THE RIGOROUS ACADEMIC PREPARATION, CHARACTER DEVELOPMENT, AND INDIVIDUALIZED SUPPORT NECESSARY TO SUCCEED IN A 4 YEAR COLLEGE AND LIFE.
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IRS990/NetAssetsOrFundBalancesEOYAmt07387473
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
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IRS990/OccupancyGrp/TotalAmt02251033
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IRS990/OfficeExpensesGrp/TotalAmt0311075
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt013516142
IRS990/OtherAssetsTotalGrp/EOYAmt07764957
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0198525
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0834949
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01033474
IRS990/OtherExpensesGrp/Desc0FOOD EXPENSES
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc2GENERAL SUPPLIES
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IRS990/OtherExpensesGrp/ProgramServicesAmt02190102
IRS990/OtherExpensesGrp/ProgramServicesAmt1879100
IRS990/OtherExpensesGrp/ProgramServicesAmt2668698
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IRS990/OtherExpensesGrp/TotalAmt1879100
IRS990/OtherExpensesGrp/TotalAmt2830401
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IRS990/OtherRevenueTotalAmt0150149
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07764957
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS - PENSION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016750116
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1721703
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET OPEB LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0141836
IRS990ScheduleD/TotalBookValueOtherAssetsAmt07764957
IRS990ScheduleD/TotalLiabilityAmt017471819
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
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IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
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IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THESE POLICIES ARE AVAILABLE ON THE SCHOOL'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT OFFER FINANCIAL ASSISTANCE TO ITS STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2GOVERNMENT FUNDING IS RECEIVED FROM THE COLORADO DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6

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