Civic Intelligence

Vega Collegiate Academy

990 • Fiscal year 2020 • EIN 47-2103502

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 19, 2021

Organization Profilewww.vegacollegiateacademy.org
1345 Macon StreetAurora, CO 80010

(303) 828-6217

Siviq Scores

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

Liabilities / Assets

97th percentile

1.48x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

1.42x

Higher debt load relative to revenue than 88% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

40th percentile

0.9%

Higher net margin than 40% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

72nd percentile

$107,703

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

40th percentile

2.3%

Faster asset growth than 40% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2020

Revenue Growth

88th percentile

58%

Faster revenue growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2020

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$3,471,587

Up $151,432 (+4.6%) from 2018

Net Assets

Down

-$1,666,562

Down $797,154 (-92%) from 2018

Liabilities

Up

$5,138,149

Up $948,586 (+23%) from 2018

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin40th percentile

Revenue

Up

$3,631,115

Up $2,168,534 (+148%) from 2018

Expenses

Up

$3,598,333

Up $1,103,617 (+44%) from 2018

Net Income

Up

$32,782

Up $1,064,917 (+103%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$30M$20M$10M$0-$10MAssets 2017: $386,492Liabilities 2017: $256,369Net Assets 2017: $130,1232017Assets 2018: $3,320,155Liabilities 2018: $4,189,563Net Assets 2018: -$869,4082018Assets 2020: $3,471,587Liabilities 2020: $5,138,149Net Assets 2020: -$1,666,5622020Assets 2021: $18,946,166Liabilities 2021: $20,676,708Net Assets 2021: -$1,730,5422021Assets 2022: $19,926,583Liabilities 2022: $22,039,749Net Assets 2022: -$2,113,1662022Assets 2023: $21,093,608Liabilities 2023: $24,612,537Net Assets 2023: -$3,518,9292023Assets 2024: $20,694,921Liabilities 2024: $25,600,972Net Assets 2024: -$4,906,0512024

Highlighted filing

2020

Assets$3,471,587
Liabilities$5,138,149
Net Assets-$1,666,562
Open 2020 Filing

Operations Trend

Revenue Growth88th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2017: $184,836Expenses 2017: $278,411Net Income 2017: -$93,5752017Revenue 2018: $1,462,581Expenses 2018: $2,494,716Net Income 2018: -$1,032,1352018Revenue 2020: $3,631,115Expenses 2020: $3,598,333Net Income 2020: $32,7822020Revenue 2021: $5,371,641Expenses 2021: $5,435,621Net Income 2021: -$63,9802021Revenue 2022: $8,443,166Expenses 2022: $8,825,790Net Income 2022: -$382,6242022Revenue 2023: $10,421,044Expenses 2023: $11,826,807Net Income 2023: -$1,405,7632023Revenue 2024: $10,250,324Expenses 2024: $11,637,446Net Income 2024: -$1,387,1222024

Highlighted filing

2020

Revenue$3,631,115
Expenses$3,598,333
Net Income$32,782
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 19, 2021
Return Version
2019v5.2
Gross Receipts
$3,631,115
Mission and Program Overview

Mission

Vega Collegiate Academy is designed with an extended school day and a slightly longer school year focusing on developing strong skills in literacy and math. It executes an academically rigorous curriculum aligned with common core standards where support is immediately provided to students needing assistance acceleration or who have individual learning needs.

See Schedule O.Designed with an extended school day and a slightly longer school year, and with a focus on developing strong skills in literacy and math, Vega Collegiate Academy Charter School executes an academically rigorous curriculum that pushes students to engage deeply with text and to think critically about their learning in every content area. Every instructional minute, students work to master ambitious, Common Core aligned standards. Every assessment is informed by rigorous national and state standards and well-respected national reading requirements. Support is immediately provided to students who demonstrate the need for additional assistance, further acceleration, or have individual learning needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$211,662$1,385,938▲ $1,174,276
Pledges and Grants Receivable$207,992$163,053▼ $44,939
Accounts Receivable$25,602$62,083▲ $36,481
Prepaid Expenses and Deferred Charges$14,907$9,473▼ $5,434
Land, Buildings, and Equipment, Net$6,283$4,530▼ $1,753
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-1,699,344$-1,666,562▲ $32,782
Total Assets$2,908,451$3,471,587▲ $563,136
Other Assets Total$2,442,005$1,846,510▼ $595,495
Liabilities
Other Liabilities$4,469,315$4,691,876▲ $222,561
Unsecured Notes Loans Payable$0$326,600▲ $326,600
Accounts Payable and Accrued Expenses$138,480$91,566▼ $46,914
Deferred Revenue-$28,107-
Total Liabilities$4,607,795$5,138,149▲ $530,354
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,699,344$-1,666,562▲ $32,782
Total Liabilities and Net Assets / Fund Balance$2,908,451$3,471,587▲ $563,136

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$0$76,512$76,512
Equipment$4,530$4,237$8,767
Other Assets Org$67,738--
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathryn MullinsExecutive DirectorFT$89,454$18,249$107,703

Board Members and Trustees

NameTitle
Mark MarshallChairman
Ryan CobbinsVice Chair
Alana WeinermanBoard Secretary
Ann CollierDirector
Charlette FlemingDirector
Cynden AmroseDirector
John BalesDirector
Kathleen McBrideDirector
Miguel LovatoDirector
Pamela SmithDirector
Victor AmayaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$883,319
Program Service Revenue
$2,747,203
Investment Income
$593
Other Revenue
$0
All Other Contributions
$261,094
Change in Net Assets
$32,782

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,631,115
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,631,115
Total Revenue per Form 990
$3,631,115
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,926,660
Salaries, Compensation, and Employee Benefits$1,671,673
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$710,346$480,202-$1,190,548
Fees for Services Other$203,487$253,597-$457,084
Pension Plan Contributions$144,874$94,894-$239,768
Other Employee Benefits$80,499$45,123-$125,622
Occupancy$23,282$86,623-$109,905
Current Officers, Directors, Trustees, and Key Employees-$103,249-$103,249
Information Technology$30,872$62,821-$93,693
Travel$4,312$66,050-$70,362
Advertising-$15,704-$15,704
Fees for Services Legal-$15,470-$15,470
Payroll Taxes$2,904$9,582-$12,486
Depreciation Depletion-$12,243-$12,243
Insurance-$10,752-$10,752
Other Expenses$349$10,025-$10,374
Fees for Services Accounting-$6,500-$6,500
Office Expenses-$5,838-$5,838
Total Functional Expenses$1,834,190$1,764,143$0$3,598,333

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,598,333
Total Expenses per Audited Statements$3,598,333
Total Expenses per Form 990$3,598,333
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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 Liability$2,877,952
Deferred Inflows - Pension$1,646,335
Net OPEB Liability$141,459
Deferred Inflows - OPEB$26,130
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
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

“Line 11b Explanation - A draft of Form 990 and supporting schedules will be submitted to the Board for review prior to filing.”

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

“New board members are required to sign a conflict of interest policy and each year the Board reviews the policy and asks if there are any ongoing conflicts. Each board member is required to disclose any conflicts before voting which may be affected by a conflict. Conflicted members are expected to recuse themselves from votes pertaining to the matter that the member has a conflict with.”

Form 990, Part VI, Section B, line 15

“The Board of Directors performed a salary analysis of similar schools in the same district and compensation was set according to the review.”

Form 990, Part VI, Section C, line 18

“The governing documents, conflicts of interest policy, and financial statements are available at the School office and on the School's website under "Financial Transparency."”

Form 990, Part VI, Section C, line 19

“The governing documents, conflicts of interest policy, and financial statements are available at the School office and on the School's website under "Financial Transparency."”

Filing and Contact Details

Filer

Filer Name
Vega Collegiate Academy
EIN
47-2103502
Phone
3038286217
Address
1345 Macon Street, Aurora, CO 80010

Signing Officer

Name
Kathryn Mullins
Title
Executive Director
Phone
3038286217
Signed
2021-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathryn Mullins
Formed
2014
Legal Domicile
Co
Voting Board Members
11
Independent Board Members
11
Employees
51
Volunteers
20

Preparer

Firm
Hinkle & Company PC
Address
5028 E 101st Street, Tulsa, OK 74137
Preparer
James D Hinkle
Phone
9184923388
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Other Purchased Services: Program service expenses 203,487. Management and general expenses 253,597. Fundraising expenses 0. Total expenses 457,084.”

Form 990, Part XII, Line 2C

“This process of a committee overseeing the audit and assuming responsibility has not changed from the prior year.”

Raw XML AppendixShowing 400 of 486 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/BOYAmt0138480
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt091566
IRS990/AccountsReceivableGrp/BOYAmt025602
IRS990/AccountsReceivableGrp/EOYAmt062083
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0See Schedule O.Designed with an extended school day and a slightly longer school year, and with a focus on developing strong skills in literacy and math, Vega Collegiate Academy Charter School executes an academically rigorous curriculum that pushes students to engage deeply with text and to think critically about their learning in every content area. Every instructional minute, students work to master ambitious, Common Core aligned standards. Every assessment is informed by rigorous national and state standards and well-respected national reading requirements. Support is immediately provided to students who demonstrate the need for additional assistance, further acceleration, or have individual learning needs.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt015704
IRS990/AdvertisingGrp/TotalAmt015704
IRS990/AllOtherContributionsAmt0261094
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0The Organization
IRS990/BooksInCareOfDetail/PhoneNum03038286217
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01345 Macon Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Aurora
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080010
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0211662
IRS990/CashNonInterestBearingGrp/EOYAmt01385938
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0103249
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0103249
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0883319
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0593
IRS990/CYOtherExpensesAmt01926660
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02747203
IRS990/CYRevenuesLessExpensesAmt032782
IRS990/CYSalariesCompEmpBnftPaidAmt01671673
IRS990/CYTotalExpensesAmt03598333
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03631115
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt028107
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt012243
IRS990/DepreciationDepletionGrp/TotalAmt012243
IRS990/Desc0Public Charter School with approximately 233 students for 2019-2020.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt051
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01834190
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06500
IRS990/FeesForServicesAccountingGrp/TotalAmt06500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt015470
IRS990/FeesForServicesLegalGrp/TotalAmt015470
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0253597
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0203487
IRS990/FeesForServicesOtherGrp/TotalAmt0457084
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
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/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/OtherCompensationAmt1118249
IRS990/Form990PartVIISectionAGrp/PersonNm0Victor Amaya
IRS990/Form990PartVIISectionAGrp/PersonNm1Cynden Amrose
IRS990/Form990PartVIISectionAGrp/PersonNm2John Bales
IRS990/Form990PartVIISectionAGrp/PersonNm3Ryan Cobbins
IRS990/Form990PartVIISectionAGrp/PersonNm4Ann Collier
IRS990/Form990PartVIISectionAGrp/PersonNm5Charlette Fleming
IRS990/Form990PartVIISectionAGrp/PersonNm6Miguel Lovato
IRS990/Form990PartVIISectionAGrp/PersonNm7Mark Marshall
IRS990/Form990PartVIISectionAGrp/PersonNm8Pamela Smith
IRS990/Form990PartVIISectionAGrp/PersonNm9Alana Weinerman
IRS990/Form990PartVIISectionAGrp/PersonNm10Kathleen McBride
IRS990/Form990PartVIISectionAGrp/PersonNm11Kathryn Mullins
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/ReportableCompFromOrgAmt1189454
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Executive Dir.
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt0622225
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03631115
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt062821
IRS990/InformationTechnologyGrp/ProgramServicesAmt030872
IRS990/InformationTechnologyGrp/TotalAmt093693
IRS990/InsuranceGrp/ManagementAndGeneralAmt010752
IRS990/InsuranceGrp/TotalAmt010752
IRS990/InvestmentIncomeGrp/ExclusionAmt0593
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0593
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt025
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt080749
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06283
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04530
IRS990/LandBldgEquipCostOrOtherBssAmt085279
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0See Schedule ODesigned with an extended school day and a slightly longer school year, and with a focus on developing strong skills in literacy and math, Vega Collegiate Academy Charter School executes an academically rigorous curriculum that pushes students to engage deeply with text and to think critically about their learning in every content area. Every instructional minute, students work to master ambitious, Common Core aligned standards. Every assessment is informed by rigorous national and state standards and well-respected national reading requirements. Support is immediately provided to students who demonstrate the need for additional assistance, further acceleration, or have individual learning needs.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-1699344
IRS990/NetAssetsOrFundBalancesEOYAmt0-1666562
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt086623
IRS990/OccupancyGrp/ProgramServicesAmt023282
IRS990/OccupancyGrp/TotalAmt0109905
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05838
IRS990/OfficeExpensesGrp/TotalAmt05838
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02442005
IRS990/OtherAssetsTotalGrp/EOYAmt01846510
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt045123
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt080499
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0125622
IRS990/OtherExpensesGrp/Desc0Pension Accrual Adjustm
IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2Non-capitalized Equipme
IRS990/OtherExpensesGrp/Desc3Other Expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0365287
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt144718
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt275465
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt310025
IRS990/OtherExpensesGrp/ProgramServicesAmt0464908
IRS990/OtherExpensesGrp/ProgramServicesAmt1127919
IRS990/OtherExpensesGrp/ProgramServicesAmt240438
IRS990/OtherExpensesGrp/ProgramServicesAmt3349
IRS990/OtherExpensesGrp/TotalAmt0830195
IRS990/OtherExpensesGrp/TotalAmt1172637
IRS990/OtherExpensesGrp/TotalAmt2115903
IRS990/OtherExpensesGrp/TotalAmt310374
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt04469315
IRS990/OtherLiabilitiesGrp/EOYAmt04691876
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0480202
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0710346
IRS990/OtherSalariesAndWagesGrp/TotalAmt01190548
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09582
IRS990/PayrollTaxesGrp/ProgramServicesAmt02904
IRS990/PayrollTaxesGrp/TotalAmt012486
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt094894
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0144874
IRS990/PensionPlanContributionsGrp/TotalAmt0239768
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0207992
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0163053
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014907
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09473
IRS990/PrincipalOfficerNm0Kathryn Mullins
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0Per Pupil Revenue
IRS990/ProgramServiceRevenueGrp/Desc1District Mill Levy
IRS990/ProgramServiceRevenueGrp/Desc2Additional At-Risk Fun
IRS990/ProgramServiceRevenueGrp/Desc3Student Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02100828
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1580802
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt263875
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31698
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02100828
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1580802
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt263875
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31698
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0610460
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01682
IRS990/PYOtherExpensesAmt01962395
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01954451
IRS990/PYRevenuesLessExpensesAmt0-829936
IRS990/PYSalariesCompEmpBnftPaidAmt01434134
IRS990/PYTotalExpensesAmt03396529
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02566593
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt032782
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02747203
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-1699344
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-1666562
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt04530
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04237
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08767
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03598333
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt076512
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt076512
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04167
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt150594
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21724011
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt367738
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Reserves Held by District
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Deferred Outflows - Pensions
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Deferred Outflows - OPEB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02877952
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1141459
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21646335
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt326130
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net OPEB Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred Inflows - Pension
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred Inflows - OPEB
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03631115
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04530
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01846510
IRS990ScheduleD/TotalExpensesPerForm990Amt03598333
IRS990ScheduleD/TotalLiabilityAmt04691876
IRS990ScheduleD/TotalRevenuePerForm990Amt03631115
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03631115
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03598333
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/ExplanationTxt0The School receives financial assistance from the U.S. Department of Education, Colorado Department of Education and local sources which is used to support the School's mission and in accordance with federal, state and local regulations.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Line 11b Explanation - A draft of Form 990 and supporting schedules will be submitted to the Board for review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1New board members are required to sign a conflict of interest policy and each year the Board reviews the policy and asks if there are any ongoing conflicts. Each board member is required to disclose any conflicts before voting which may be affected by a conflict. Conflicted members are expected to recuse themselves from votes pertaining to the matter that the member has a conflict with.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors performed a salary analysis of similar schools in the same district and compensation was set according to the review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing documents, conflicts of interest policy, and financial statements are available at the School office and on the School's website under "Financial Transparency."
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The governing documents, conflicts of interest policy, and financial statements are available at the School office and on the School's website under "Financial Transparency."
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Other Purchased Services: Program service expenses 203,487. Management and general expenses 253,597. Fundraising expenses 0. Total expenses 457,084.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6This process of a committee overseeing the audit and assuming responsibility has not changed from the prior year.
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 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,471,587
Liabilities
$5,138,149
Net assets
-$1,666,562
Revenue
$3,631,115
Expenses
$3,598,333
Net income
$32,782
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.7$25.6$4.91$10.3$11.6$1.39
2023Detailed filing. Detailed filing data is available for this year.$21.1$24.6$3.52$10.4$11.8$1.41
2022Detailed filing. Detailed filing data is available for this year.$19.9$22.0$2.11$8.44$8.83$0.38
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.9$20.7$1.73$5.37$5.44$0.06
2020Detailed filing. Detailed filing data is available for this year.$3.47$5.14$1.67$3.63$3.60$0.03
2018Detailed filing. Detailed filing data is available for this year.$3.32$4.19$0.87$1.46$2.49$1.03
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.26$0.13$0.18$0.28$0.09