Civic Intelligence

Silver Spruce Academy Inc

EIN 46-3555425 • 501(c)3 • Bayfield, CO

Profile

Silver spruce academy provides supplemental programs and resources utilized in curriculum education to students and families throughout the four corners area, in collaboration wtih other educational institutions.

PO Box 966Bayfield, CO 81122

silverspruceacademy.org

Siviq Scores

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

Liabilities / Assets

70th percentile

0.02x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

41st percentile

-2.1%

Higher net margin than 41% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

97th percentile

$48,690

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 27.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

48th percentile

-2.9%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

28th percentile

-26%

Faster revenue growth than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$196,444

Down $5,789 (-2.9%) from 2024

Liabilities

Down

$4,383

Down $206 (-4.5%) from 2024

Net Assets

Down

$192,061

Down $5,583 (-2.8%) from 2024

Revenue

Down

$223,214

Down $78,303 (-26%) from 2024

Expenses

Down

$227,860

Down $21,192 (-8.5%) from 2024

Net Income

Down

-$4,646

Down $57,111 (-109%) from 2024

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $29,020Liabilities 2014: $753Net Assets 2014: $28,2672014Assets 2015: $98,806Liabilities 2015: $1,416Net Assets 2015: $97,3902015Assets 2016: $102,688Liabilities 2016: $2,452Net Assets 2016: $100,2362016Assets 2017: $144,747Liabilities 2017: $4,834Net Assets 2017: $139,9132017Assets 2018: $90,348Liabilities 2018: $3,466Net Assets 2018: $86,8822018Assets 2019: $71,099Net Assets 2019: $71,0992019Assets 2020: $130,962Liabilities 2020: $23,701Net Assets 2020: $107,2612020Assets 2021: $287,626Liabilities 2021: $148,287Net Assets 2021: $139,3392021Assets 2022: $292,486Liabilities 2022: $131,503Net Assets 2022: $160,9832022Assets 2023: $277,624Liabilities 2023: $133,385Net Assets 2023: $144,2392023Assets 2024: $202,233Liabilities 2024: $4,589Net Assets 2024: $197,6442024Assets 2025: $196,444Liabilities 2025: $4,383Net Assets 2025: $192,0612025

Highlighted filing

2025

Assets$196,444
Liabilities$4,383
Net Assets$192,061

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $135,796Expenses 2014: $107,529Net Income 2014: $28,2672014Revenue 2015: $206,102Expenses 2015: $136,979Net Income 2015: $69,1232015Revenue 2016: $198,771Expenses 2016: $195,925Net Income 2016: $2,8462016Revenue 2017: $266,551Expenses 2017: $226,346Net Income 2017: $40,2052017Revenue 2018: $140,854Expenses 2018: $184,247Net Income 2018: -$43,3932018Revenue 2019: $139,116Expenses 2019: $154,899Net Income 2019: -$15,7832019Revenue 2020: $191,820Expenses 2020: $152,295Net Income 2020: $39,5252020Revenue 2021: $176,038Expenses 2021: $143,960Net Income 2021: $32,0782021Revenue 2022: $210,712Expenses 2022: $189,068Net Income 2022: $21,6442022Revenue 2023: $269,568Expenses 2023: $286,762Net Income 2023: -$17,1942023Revenue 2024: $301,517Expenses 2024: $249,052Net Income 2024: $52,4652024Revenue 2025: $223,214Expenses 2025: $227,860Net Income 2025: -$4,6462025

Highlighted filing

2025

Revenue$223,214
Expenses$227,860
Net Income-$4,646

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 24, 2025
Return Version
2024v5.0
Gross Receipts
$223,214
Mission and Program Overview

Mission

Silver SPRUCE Academy provides educational enrichment programs and courses to students and families throughout the Four Corners Area, in collaboration with our educational organizations. SPRUCE stands for Supplemental Programs Utilized in Curriculum Education.

Silver spruce academy provides supplemental programs and resources utilized in curriculum education to students and families throughout the four corners area, in collaboration wtih other educational institutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$186,477$124,474▼ $62,003
Cash and Non-Interest-Bearing Accounts$4,360$64,025▲ $59,665
Land, Buildings, and Equipment, Net$9,097$7,945▼ $1,152
Prepaid Expenses and Deferred Charges$2,299--
Total Assets$202,233$196,444▼ $5,789
Liabilities
Accounts Payable and Accrued Expenses$4,589$4,383▼ $206
Total Liabilities$4,589$4,383▼ $206
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$197,644$192,061▼ $5,583
Total Net Assets Fund Balance$197,644$192,061▼ $5,583
Total Liabilities and Net Assets / Fund Balance$202,233$196,444▼ $5,789

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,945$36,556$44,501
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Natalie Horn-howardExecutive DiFT$72,716$72,716

Board Members and Trustees

NameTitle
Jonathan DrakePresident
Kristin GerelaDirector
Rylee MeshewTreasurer
Monica WagnerVP & Secreta
Revenue and Support

Revenue Composition

Contributions and Grants
$1,075
Program Service Revenue
$221,535
Investment Income
$184
Other Revenue
$420
All Other Contributions
$1,075
Change in Net Assets
$-4,646
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$146,421
Other Expenses$81,439
Total Fundraising Expense$8,883
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$107,358$20,131$6,711$134,200
Occupancy$12,284$2,303$768$15,355
Payroll Taxes$9,777$1,833$611$12,221
Insurance$5,779$1,083$361$7,223
Advertising$2,205$414$138$2,757
Depreciation Depletion$1,961$368$123$2,452
Office Expenses$1,920$361$120$2,401
All Other Expenses$1,236$1,032$51$2,319
Fees for Services Accounting-$1,381-$1,381
Other Expenses$1,344--$1,344
Fees for Services Other-$455-$455
Total Functional Expenses$189,616$29,361$8,883$227,860
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The full board reviews the 990 at a board meeting, and has the opportunity to make edits and suggestions. The final revised copy of the form 990 is provided electronically to board members for final approval prior to filing with the irs.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy requires directors, officers and key staff to annually disclose interests that could give rise to conflicts. The policy and disclosure form is distributed to and collected from all new staff at the time of hire. Potential conflicts are reviewed by the board of directors.

Form 990, Page 6, Part VI, Line 15A

The board of directors, during the executive director's annual performance evaluation and during budget review and approval times, examines compensation information from similar organizations locally and within the state of colorado in conjunction with the available funds expected to be received for each student.

Form 990, Page 6, Part VI, Line 19

Governing and financial documents are available upon written request.

Filing and Contact Details

Filer

Filer Name
Silver Spruce Academy Inc
EIN
46-3555425
Phone
9705005657
Address
PO BOX 966, BAYFIELD, CO 81122

Signing Officer

Name
Natalie Horn-howard
Title
Executive Director
Phone
9707593415
Signed
2025-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Natalie Horn-howard
Formed
2013
Legal Domicile
Co
Voting Board Members
3
Independent Board Members
3
Employees
12
Volunteers
101

Preparer

Firm
Taylor Roth and Company
Address
1580 LINCOLN ST STE 520, DENVER, CO 80203-1517
Preparer
Ken Roth
Phone
3038308109
Supplemental Narrative

Additional Explanations

Form 990, Part III

The academy celebrated a major milestone with the opening of its new sda campus for the 20242025 school year. The expanded classrooms and a 3+ acre playground have been enthusiastically received by students, families, and staff, further supporting our mission to provide collaborative, community- rooted enrichment programs that inspire growth and lifelong learning. A total of 326 students were served, including 53 funded enrolled, 15 fee- based enrolled, and 258 unenrolled student participants. Among these, 46 were k8 grade students and 7 were 9-12 grade students receiving funded educational services. Students benefited from 110 enrichment classes and 50 educational event classes, engaged by 102 volunteers who donated more than 172 hours. Popular offerings included internships, orchestra, archeology, future city, natural dyes and paint, american mythology, stop motion animation, lego robotics, microbiology, sign language, cartography, foods that built america, durango rocky mountain chocolate factory, tech in the wild, museum of navajo art, cpr & first aid, silverton mining and milling, pueblo community college calculus i & ii, durango and silverton narrow gauge railroad train yard and museum, tech take apart, makerlab, ice skating, radio station trades, ski/snowboard club, fort lewis college literacy scavenger hunt, durango womens leadership conference, leif leather, yoga, united states forest service fire tanker base, san juan college planetarium & school of energy. These diverse classes reflect our commitment to hands- on, experiential classes incorporating interdisciplinary and multi-age leveled learning.

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IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE RACIAL NONDISCRIMINATION POLICY IS INCLUDED IN THE SCHOOL HANDBOOKS AND ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES FUNDING FROM LOCAL SCHOOL DISTRICTS TO PROVIDE ENRICHMENT ACTIVITIES FOR HOMESCHOOLED STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY CELEBRATED A MAJOR MILESTONE WITH THE OPENING OF ITS NEW SDA CAMPUS FOR THE 20242025 SCHOOL YEAR. THE EXPANDED CLASSROOMS AND A 3+ ACRE PLAYGROUND HAVE BEEN ENTHUSIASTICALLY RECEIVED BY STUDENTS, FAMILIES, AND STAFF, FURTHER SUPPORTING OUR MISSION TO PROVIDE COLLABORATIVE, COMMUNITY- ROOTED ENRICHMENT PROGRAMS THAT INSPIRE GROWTH AND LIFELONG LEARNING. A TOTAL OF 326 STUDENTS WERE SERVED, INCLUDING 53 FUNDED ENROLLED, 15 FEE- BASED ENROLLED, AND 258 UNENROLLED STUDENT PARTICIPANTS. AMONG THESE, 46 WERE K8 GRADE STUDENTS AND 7 WERE 9-12 GRADE STUDENTS RECEIVING FUNDED EDUCATIONAL SERVICES. STUDENTS BENEFITED FROM 110 ENRICHMENT CLASSES AND 50 EDUCATIONAL EVENT CLASSES, ENGAGED BY 102 VOLUNTEERS WHO DONATED MORE THAN 172 HOURS. POPULAR OFFERINGS INCLUDED INTERNSHIPS, ORCHESTRA, ARCHEOLOGY, FUTURE CITY, NATURAL DYES AND PAINT, AMERICAN MYTHOLOGY, STOP MOTION ANIMATION, LEGO ROBOTICS, MICROBIOLOGY, SIGN LANGUAGE, CARTOGRAPHY, FOODS THAT BUILT AMERICA, DURANGO ROCKY MOUNTAIN CHOCOLATE FACTORY, TECH IN THE WILD, MUSEUM OF NAVAJO ART, CPR & FIRST AID, SILVERTON MINING AND MILLING, PUEBLO COMMUNITY COLLEGE CALCULUS I & II, DURANGO AND SILVERTON NARROW GAUGE RAILROAD TRAIN YARD AND MUSEUM, TECH TAKE APART, MAKERLAB, ICE SKATING, RADIO STATION TRADES, SKI/SNOWBOARD CLUB, FORT LEWIS COLLEGE LITERACY SCAVENGER HUNT, DURANGO WOMENS LEADERSHIP CONFERENCE, LEIF LEATHER, YOGA, UNITED STATES FOREST SERVICE FIRE TANKER BASE, SAN JUAN COLLEGE PLANETARIUM & SCHOOL OF ENERGY. THESE DIVERSE CLASSES REFLECT OUR COMMITMENT TO HANDS- ON, EXPERIENTIAL CLASSES INCORPORATING INTERDISCIPLINARY AND MULTI-AGE LEVELED LEARNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FULL BOARD REVIEWS THE 990 AT A BOARD MEETING, AND HAS THE OPPORTUNITY TO MAKE EDITS AND SUGGESTIONS. THE FINAL REVISED COPY OF THE FORM 990 IS PROVIDED ELECTRONICALLY TO BOARD MEMBERS FOR FINAL APPROVAL PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY REQUIRES DIRECTORS, OFFICERS AND KEY STAFF TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE POLICY AND DISCLOSURE FORM IS DISTRIBUTED TO AND COLLECTED FROM ALL NEW STAFF AT THE TIME OF HIRE. POTENTIAL CONFLICTS ARE REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS, DURING THE EXECUTIVE DIRECTOR'S ANNUAL PERFORMANCE EVALUATION AND DURING BUDGET REVIEW AND APPROVAL TIMES, EXAMINES COMPENSATION INFORMATION FROM SIMILAR ORGANIZATIONS LOCALLY AND WITHIN THE STATE OF COLORADO IN CONJUNCTION WITH THE AVAILABLE FUNDS EXPECTED TO BE RECEIVED FOR EACH STUDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING AND FINANCIAL DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalProgramServiceExpensesAmt0189616
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0223214
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/USAddress/CityNm0BAYFIELD
IRS990/USAddress/StateAbbreviationCd0CO
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IRS990/WebsiteAddressTxt0SILVERSPRUCEACADEMY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NATALIE HORN-HOWARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09707593415
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SILVER SPRUCE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0SILV
ReturnHeader/Filer/EIN0463555425
ReturnHeader/Filer/PhoneNum09705005657
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 966
ReturnHeader/Filer/USAddress/CityNm0BAYFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203746583
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAYLOR ROTH AND COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01580 LINCOLN ST STE 520
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0802031517
ReturnHeader/PreparerPersonGrp/PhoneNum03038308109
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEN ROTH
ReturnHeader/ReturnTs02025-10-24T17:38:41-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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