Form 990, Part VI, Section B, line 11B
“Copies of the Form 990 are provided to board members for approval before filing.”
Scores are not available for this record yet.
Assets
Down$1,163,530
Down $874,548 (-43%) from 2018
Net Assets
Down-$2,163,591
Down $223,750 (-12%) from 2018
Liabilities
Down$3,327,121
Down $650,798 (-16%) from 2018
Revenue
Up$1,750,412
Up $489,951 (+39%) from 2018
Expenses
Down$1,974,162
Down $499,458 (-20%) from 2018
Net Income
Up-$223,750
Up $989,409 (+82%) from 2018
Empowering graduates with academic and entrepreneurial knowledge as well as skills and resources, so they can create and capitalize on opportunities in pursuit of their passions towards social and economic prosperity.
Empowers graduates with academic and entrepreneurial knowledge as well as skills and resources, so they can create and capitalize on opportunities in pursuit of their passions towards social and economic prosperity.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $39,318 | $198,538 | ▲ $159,220 |
| Prepaid Expenses and Deferred Charges | - | $21,005 | - |
| Accounts Receivable | $90,840 | $18,584 | ▼ $72,256 |
| Land, Buildings, and Equipment, Net | $6,189 | $4,863 | ▼ $1,326 |
| Total Assets | $2,038,078 | $1,163,530 | ▼ $874,548 |
| Other Assets Total | $1,901,731 | $920,540 | ▼ $981,191 |
| Liabilities | |||
| Other Liabilities | $3,931,497 | $3,286,396 | ▼ $645,101 |
| Accounts Payable and Accrued Expenses | $46,422 | $40,725 | ▼ $5,697 |
| Total Liabilities | $3,977,919 | $3,327,121 | ▼ $650,798 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $17,700 | $30,863 | ▲ $13,163 |
| Unrestricted Net Assets | $-1,957,541 | $-2,194,454 | ▼ $236,913 |
| Total Net Assets Fund Balance | $-1,939,841 | $-2,163,591 | ▼ $223,750 |
| Total Liabilities and Net Assets / Fund Balance | $2,038,078 | $1,163,530 | ▼ $874,548 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $4,863 | $1,768 | $6,631 |
| Other Assets Org | $920,540 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Patrick Cush | Head of School | FT | $83,550 | $15,329 | $98,879 |
| Name | Title |
|---|---|
| Jonathan Bell | President |
| Adam Fisher | Member |
| Cory Gavitt | Member |
| Heather Fubelli | Principal |
| Patrick Finnegan | Secretary |
| David Cush | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,251,850 |
| Other Expenses | $722,312 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $575,871 | $40,777 | - | $616,648 |
| Pension Plan Contributions | $399,060 | $53,807 | - | $452,867 |
| Occupancy | $166,162 | $29,323 | - | $195,485 |
| Current Officers, Directors, Trustees, and Key Employees | $68,104 | $30,775 | - | $98,879 |
| Information Technology | $63,357 | $11,181 | - | $74,538 |
| Other Employee Benefits | $66,382 | $7,376 | - | $73,758 |
| Other Expenses | $43,203 | $6,871 | - | $43,203 |
| Fees for Services Accounting | - | $26,000 | - | $26,000 |
| All Other Expenses | $22,447 | $3,430 | - | $25,877 |
| Advertising | $21,304 | $3,759 | - | $25,063 |
| Travel | $17,467 | $3,082 | - | $20,549 |
| Insurance | $11,606 | $2,048 | - | $13,654 |
| Payroll Taxes | $5,542 | $4,156 | - | $9,698 |
| Fees for Services Legal | - | $5,326 | - | $5,326 |
| Fees for Services Other | - | $1,936 | - | $1,936 |
| Depreciation Depletion | $1,127 | $199 | - | $1,326 |
| Interest | $486 | $86 | - | $572 |
| Office Expenses | $449 | $79 | - | $528 |
| Total Functional Expenses | $1,724,378 | $249,784 | $0 | $1,974,162 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,974,162 |
| Total Expenses per Audited Statements | $1,974,162 |
| Total Expenses per Form 990 | $1,974,162 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Net Pension Liabilities | $2,028,476 |
| Deferred Inflows | $1,257,773 |
| Net OPEB Liabilities | $147 |
“Copies of the Form 990 are provided to board members for approval before filing.”
“Periodic reviews are conducted to verify that any compensation arrangements are reasonable and that partnerships, joint ventures, and other arrangements, conform to school policies.”
“Financial information for of the organization can be obtained by contacting the school.”
“The finance committee oversees audit services and selection of independent auditors. This has not changed from the prior year.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 40725 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 90840 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 18584 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Empowers graduates with academic and entrepreneurial knowledge as well as skills and resources, so they can create and capitalize on opportunities in pursuit of their passions towards social and economic prosperity. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 3759 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 21304 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 25063 |
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| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3430 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 22447 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 25877 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | The Organization |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7192036128 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3115 Larkspur Drive |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Colorado Springs |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CO |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 80907 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 198538 |
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| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 68104 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 98879 |
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| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
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| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1251850 |
| IRS990/CYTotalExpensesAmt | 0 | 1974162 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1750412 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 199 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 1127 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1326 |
| IRS990/Desc | 0 | Operating a public school with the District that will provide education to children in grades nine through twelve in accordance with the terms of the application of the Charter School to the District. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
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| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 19 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
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| IRS990/ExpenseAmt | 0 | 1724378 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 26000 |
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| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 5326 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 1936 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1936 |
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| IRS990/ForeignOfficeInd | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Jonathan Bell |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Principal |
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| IRS990/FormationYr | 0 | 2013 |
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| IRS990/IndependentVotingMemberCnt | 0 | 5 |
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| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 63357 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 74538 |
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| IRS990/MissionDesc | 0 | Empowering graduates with academic and entrepreneurial knowledge as well as skills and resources, so they can create and capitalize on opportunities in pursuit of their passions towards social and economic prosperity. |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 31899 |
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| IRS990/PYOtherRevenueAmt | 0 | 2996 |
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| IRS990/PYTotalRevenueAmt | 0 | 1260461 |
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| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
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| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
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| IRS990ScheduleA/SchoolInd | 0 | X |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
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| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 4863 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 1768 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 6631 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1974162 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 920540 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Deferred Outflows |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1257773 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 2028476 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 147 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Deferred Inflows |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Net Pension Liabilities |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Net OPEB Liabilities |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1750412 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 4863 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 920540 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1974162 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 3286396 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1750412 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1750412 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1974162 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 1 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | The policy is included on the website enrollment page and on the letter of Intent to Enroll forms. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | The organization received a charter school start up grant administered by the Colorado Department of Revenue. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Part I, Line 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule E, Part I, Line 6 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Copies of the Form 990 are provided to board members for approval before filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Periodic reviews are conducted to verify that any compensation arrangements are reasonable and that partnerships, joint ventures, and other arrangements, conform to school policies. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Financial information for of the organization can be obtained by contacting the school. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The finance committee oversees audit services and selection of independent auditors. This has not changed from the prior year. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part XII, Line 2c: |
| IRS990/SchoolOperatingInd | 0 | 1 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 17700 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 30863 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 2038078 |
| IRS990/TotalAssetsEOYAmt | 0 | 1163530 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2038078 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1163530 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 968207 |
| IRS990/TotalEmployeeCnt | 0 | 19 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 249784 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1724378 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1974162 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 3977919 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 3327121 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 3977919 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 3327121 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -1939841 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -2163591 |
| IRS990/TotalOtherCompensationAmt | 0 | 15329 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1724378 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 780129 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 83550 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 782205 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1750412 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 15 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2038078 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1163530 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 3082 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 17467 |
| IRS990/TravelGrp/TotalAmt | 0 | 20549 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | -1957541 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | -2194454 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 3115 Larkspur Drive |
| IRS990/USAddress/CityNm | 0 | Colorado Springs |
| IRS990/USAddress/StateAbbreviationCd | 0 | CO |
| IRS990/USAddress/ZIPCd | 0 | 80907 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | www.launchhigh.org |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2020-03-31 21:24:44Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 0 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Patrick Cush |
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Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.