Civic Intelligence

Academy at High Point

990 • Fiscal year 2019 • EIN 55-0899587

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 17, 2020

Organization Profilewww.highpointacademy.net
6750 N Dunkirk StreetAurora, CO 80019

(303) 217-5152

Siviq Scores

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

Liabilities / Assets

99th percentile

3.28x

Higher debt load relative to assets than 99% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

2.81x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

49th percentile

$119,349

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

2nd percentile

-34%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

49th percentile

3.3%

Faster revenue growth than 49% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$5,568,426

Down $2,932,753 (-34%) from 2018

Net Assets

Up

-$12,720,181

Up $1,277,950 (+9.1%) from 2018

Liabilities

Down

$18,288,607

Down $4,210,703 (-19%) from 2018

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin77th percentile

Revenue

Up

$6,508,653

Up $208,015 (+3.3%) from 2018

Expenses

Down

$5,230,703

Down $4,938,063 (-49%) from 2018

Net Income

Up

$1,277,950

Up $5,146,078 (+133%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$30M$20M$10M$0-$10M-$20MAssets 2011: $965,791Liabilities 2011: $373,833Net Assets 2011: $591,9582011Assets 2012: $1,113,069Liabilities 2012: $242,622Net Assets 2012: $870,4472012Assets 2013: $1,726,218Liabilities 2013: $293,740Net Assets 2013: $1,432,4782013Assets 2014: $1,876,894Liabilities 2014: $267,240Net Assets 2014: $1,609,6542014Assets 2015: $2,709,487Liabilities 2015: $9,129,049Net Assets 2015: -$6,419,5622015Assets 2016: $3,673,410Liabilities 2016: $10,317,288Net Assets 2016: -$6,643,8782016Assets 2017: $10,045,301Liabilities 2017: $19,716,463Net Assets 2017: -$9,671,1622017Assets 2018: $8,501,179Liabilities 2018: $22,499,310Net Assets 2018: -$13,998,1312018Assets 2019: $5,568,426Liabilities 2019: $18,288,607Net Assets 2019: -$12,720,1812019Assets 2020: $4,550,381Liabilities 2020: $15,189,687Net Assets 2020: -$10,639,3062020Assets 2021: $6,098,050Liabilities 2021: $14,022,656Net Assets 2021: -$7,924,6062021Assets 2022: $5,795,167Liabilities 2022: $10,722,742Net Assets 2022: -$4,927,5752022Assets 2023: $6,839,110Liabilities 2023: $11,126,570Net Assets 2023: -$4,287,4602023Assets 2024: $9,131,846Liabilities 2024: $12,877,116Net Assets 2024: -$3,745,2702024

Highlighted filing

2019

Assets$5,568,426
Liabilities$18,288,607
Net Assets-$12,720,181
Open 2019 Filing

Operations Trend

Revenue Growth49th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $3,496,544Expenses 2011: $3,365,018Net Income 2011: $131,5262011Revenue 2012: $4,940,534Expenses 2012: $4,662,045Net Income 2012: $278,4892012Revenue 2013: $5,537,657Expenses 2013: $4,975,626Net Income 2013: $562,0312013Revenue 2014: $6,085,846Expenses 2014: $5,908,670Net Income 2014: $177,1762014Revenue 2015: $5,899,047Expenses 2015: $5,791,614Net Income 2015: $107,4332015Revenue 2016: $6,097,694Expenses 2016: $6,322,010Net Income 2016: -$224,3162016Revenue 2017: $6,287,160Expenses 2017: $9,314,444Net Income 2017: -$3,027,2842017Revenue 2018: $6,300,638Expenses 2018: $10,168,766Net Income 2018: -$3,868,1282018Revenue 2019: $6,508,653Expenses 2019: $5,230,703Net Income 2019: $1,277,9502019Revenue 2020: $6,831,996Expenses 2020: $4,751,121Net Income 2020: $2,080,8752020Revenue 2021: $7,241,801Expenses 2021: $4,527,101Net Income 2021: $2,714,7002021Revenue 2022: $7,754,364Expenses 2022: $4,757,333Net Income 2022: $2,997,0312022Revenue 2023: $9,259,630Expenses 2023: $8,619,515Net Income 2023: $640,1152023Revenue 2024: $9,722,644Expenses 2024: $9,180,454Net Income 2024: $542,1902024

Highlighted filing

2019

Revenue$6,508,653
Expenses$5,230,703
Net Income$1,277,950
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 17, 2020
Return Version
2018v3.1
Gross Receipts
$6,508,653
Mission and Program Overview

Mission

To provide a strong foundation of academic excellence in partnership with family and community in which each individual is challenged to achieve his/her highest potential academically, socially & personally by operating a pre-k through 8th grade charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,934,399$2,252,260▲ $317,861
Cash and Non-Interest-Bearing Accounts$163,116$218,440▲ $55,324
Pledges and Grants Receivable$21,894$49,936▲ $28,042
Accounts Receivable$60,241$45,481▼ $14,760
Prepaid Expenses and Deferred Charges$26,532$28,158▲ $1,626
Land, Buildings, and Equipment, Net$19,285$11,572▼ $7,713
Total Assets$8,501,179$5,568,426▼ $2,932,753
Other Assets Total$6,275,712$2,962,579▼ $3,313,133
Liabilities
Other Liabilities$22,191,766$17,894,603▼ $4,297,163
Accounts Payable and Accrued Expenses$292,979$382,794▲ $89,815
Deferred Revenue$14,565$11,210▼ $3,355
Total Liabilities$22,499,310$18,288,607▼ $4,210,703
Net Assets / Fund Balance
Temporarily Rstr Net Assets$408,550$408,359▼ $191
Unrestricted Net Assets$-14,406,681$-13,128,540▲ $1,278,141
Total Net Assets Fund Balance$-13,998,131$-12,720,181▲ $1,277,950
Total Liabilities and Net Assets / Fund Balance$8,501,179$5,568,426▼ $2,932,753

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,572$65,562$77,134
Other Assets Org$1,100--
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keren MelmedExecutive DirectorFT$110,921$8,428$119,349

Board Members and Trustees

NameTitle
Christi JulianPresident
Belle FaustVice President
Danielle FelderDirector
Paul SchwegerDirector
Elise ToplissSecretary
Lauren BroussardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$734,853
Program Service Revenue
$5,682,655
Investment Income
$51,516
Other Revenue
$39,629
All Other Contributions
$8,816
Change in Net Assets
$1,277,950

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,508,653
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,508,653
Total Revenue per Form 990
$6,508,653
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,230,094
Other Expenses$1,000,609
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,615,572$461,572-$3,077,144
Occupancy$678,740$119,778-$798,518
Pension Plan Contributions$500,596$91,254-$591,850
Other Employee Benefits$360,910$65,791-$426,701
Information Technology$142,786$25,198-$167,984
Current Officers, Directors, Trustees, and Key Employees$100,799$33,600-$134,399
Fees for Services Accounting-$105,278-$105,278
Other Expenses$86,892$15,334-$102,226
Insurance$65,983$11,644-$77,627
Advertising$59,228$10,452-$69,680
Office Expenses$37,466$6,612-$44,078
Depreciation Depletion$6,556$1,157-$7,713
Travel$1,695$299-$1,994
Fees for Services Other$850$150-$1,000
Fees for Services Legal-$939-$939
All Other Expenses$-900,050$-158,831-$-1,058,881
Total Functional Expenses$4,372,391$858,312$0$5,230,703

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,230,703
Total Expenses per Audited Statements$5,230,703
Total Expenses per Form 990$5,230,703
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 Liabilities$9,629,300
Deferred Inflows of Resources$7,784,378
Net OPEB Liability$480,925
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 A, line 8B

“No committees with authority to act on behalf of the board.”

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

“A copy of the Form 990 is given to all board members for their review prior to filing.”

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

“Members of the governing board are required to disclose any conflict of interest prior to any vote by the board involving a company or employee that the board member would have a conflict of interest. The board member is then required to abstain from the discussion and vote.”

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

“Anual salary surveys are obtained from the surrounding schools for similar positions. These comparisons are given to the board prior to making employment offers to the key employees.”

Form 990, Part VI, Section C, line 19

“The executive director makes the school's governing documents, conflict of interest policy, and financial information available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
High Point Academy
EIN
55-0899587
Phone
3032175152
Address
6750 N Dunkirk Street, Aurora, CO 80019

Signing Officer

Name
Keren Melmed
Title
Executive Director
Phone
3032175152
Signed
2020-01-17
Discuss with paid preparer
No

Organization Details

Principal Officer
Keren Melmed
Formed
2006
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
98
Volunteers
0

Preparer

Firm
Hoelting & Company Inc
Address
31 E Platte Ave Ste 300, Colorado Springs, CO 80903
Preparer
Tom Sistare
Phone
7196301091
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“The school is a participant in the State's public pension plan (PERA) and began reporting a portion of the State's unfunded net pension liability following Governmental Accounting Standards Board Statement (GASB) No. 68 Accounting and Financial Reporting for Pensions - an amendment of GASB Statement No. 27 in fiscal year 2015. The School also participates in the State's Postemployment Healthcare Benefit Plan per GASB Statement 75. As a result of these GASB statements, the school records an expense in its Government Wide financial reports each year that swings widely from year to year based on future investment return assumptions, participation and other projections made by PERA's actuaries. Due to the unpredictable and uncontrollable nature of these swings, and that the liability is not a true liability of the school, these State driven accruals are reported as Other in Part IX to allow the reader to track the impact of these accruals separately and to remain consistent with historical reporting.”

Form 990, Part XII, Line 2C:

“The board of directors oversees audit services and selection of independent auditors. This has not changed from the prior year.”

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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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IRS990/OtherExpensesGrp/ProgramServicesAmt0271235
IRS990/OtherExpensesGrp/ProgramServicesAmt1228550
IRS990/OtherExpensesGrp/ProgramServicesAmt2114583
IRS990/OtherExpensesGrp/ProgramServicesAmt386892
IRS990/OtherExpensesGrp/TotalAmt0319100
IRS990/OtherExpensesGrp/TotalAmt1228550
IRS990/OtherExpensesGrp/TotalAmt2134803
IRS990/OtherExpensesGrp/TotalAmt3102226
IRS990/OtherLiabilitiesGrp/BOYAmt022191766
IRS990/OtherLiabilitiesGrp/EOYAmt017894603
IRS990/OtherRevenueMiscGrp/BusinessCd0611110
IRS990/OtherRevenueMiscGrp/Desc0Rebates
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt025056
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025056
IRS990/OtherRevenueTotalAmt025056
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0461572
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02615572
IRS990/OtherSalariesAndWagesGrp/TotalAmt03077144
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt091254
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0500596
IRS990/PensionPlanContributionsGrp/TotalAmt0591850
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt021894
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt049936
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026532
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028158
IRS990/PrincipalOfficerNm0Keren Melmed
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/Desc0Per Pupil Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Tuition & Fees
IRS990/ProgramServiceRevenueGrp/Desc2Mil Levy
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05368523
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1285754
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt228378
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05368523
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1285754
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt228378
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0687889
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt032257
IRS990/PYOtherExpensesAmt05937130
IRS990/PYOtherRevenueAmt031414
IRS990/PYProgramServiceRevenueAmt05549078
IRS990/PYRevenuesLessExpensesAmt0-3868128
IRS990/PYSalariesCompEmpBnftPaidAmt04231636
IRS990/PYTotalExpensesAmt010168766
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06300638
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01277950
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt014573
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05722284
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01934399
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02252260
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/BookValueAmt011572
IRS990ScheduleD/EquipmentGrp/DepreciationAmt065562
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt077134
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05230703
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02961479
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11100
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows of Resources
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09629300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17784378
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2480925
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Inflows of Resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net OPEB Liability
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06508653
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011572
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02962579
IRS990ScheduleD/TotalExpensesPerForm990Amt05230703
IRS990ScheduleD/TotalLiabilityAmt017894603
IRS990ScheduleD/TotalRevenuePerForm990Amt06508653
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06508653
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05230703
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 policy is published on the school's website and included in the student registration packets.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The school receives per pupil revenue, as well as grant money through the Colorado Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No committees with authority to act on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A copy of the Form 990 is given to all board members for their review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members of the governing board are required to disclose any conflict of interest prior to any vote by the board involving a company or employee that the board member would have a conflict of interest. The board member is then required to abstain from the discussion and vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Anual salary surveys are obtained from the surrounding schools for similar positions. These comparisons are given to the board prior to making employment offers to the key employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The executive director makes the school's governing documents, conflict of interest policy, and financial information available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The school is a participant in the State's public pension plan (PERA) and began reporting a portion of the State's unfunded net pension liability following Governmental Accounting Standards Board Statement (GASB) No. 68 Accounting and Financial Reporting for Pensions - an amendment of GASB Statement No. 27 in fiscal year 2015. The School also participates in the State's Postemployment Healthcare Benefit Plan per GASB Statement 75. As a result of these GASB statements, the school records an expense in its Government Wide financial reports each year that swings widely from year to year based on future investment return assumptions, participation and other projections made by PERA's actuaries. Due to the unpredictable and uncontrollable nature of these swings, and that the liability is not a true liability of the school, these State driven accruals are reported as Other in Part IX to allow the reader to track the impact of these accruals separately and to remain consistent with historical reporting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The board of directors oversees audit services and selection of independent auditors. This has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0High Point Academy Building Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0271433368
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Issue & Pay Debt
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06750 N Dunkirk Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Aurora
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd080019
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0810563
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Lease Agreement
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0High Point Academy Building Corporation
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,568,426
Liabilities
$18,288,607
Net assets
-$12,720,181
Revenue
$6,508,653
Expenses
$5,230,703
Net income
$1,277,950
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.13$12.9$3.75$9.72$9.18$0.54
2023Detailed filing. Detailed filing data is available for this year.$6.84$11.1$4.29$9.26$8.62$0.64
2022Detailed filing. Detailed filing data is available for this year.$5.80$10.7$4.93$7.75$4.76$3.00
2021Detailed filing. Detailed filing data is available for this year.$6.10$14.0$7.92$7.24$4.53$2.71
2020Detailed filing. Detailed filing data is available for this year.$4.55$15.2$10.6$6.83$4.75$2.08
2019Detailed filing. Detailed filing data is available for this year.$5.57$18.3$12.7$6.51$5.23$1.28
2018Detailed filing. Detailed filing data is available for this year.$8.50$22.5$14.0$6.30$10.2$3.87
2017Detailed filing. Detailed filing data is available for this year.$10.0$19.7$9.67$6.29$9.31$3.03
2016Detailed filing. Detailed filing data is available for this year.$3.67$10.3$6.64$6.10$6.32$0.22
2015Summary only. Only limited summary data is available for this year.$2.71$9.13$6.42$5.90$5.79$0.11
2014Summary only. Only limited summary data is available for this year.$1.88$0.27$1.61$6.09$5.91$0.18
2013Summary only. Only limited summary data is available for this year.$1.73$0.29$1.43$5.54$4.98$0.56
2012Summary only. Only limited summary data is available for this year.$1.11$0.24$0.87$4.94$4.66$0.28
2011Summary only. Only limited summary data is available for this year.$0.97$0.37$0.59$3.50$3.37$0.13