Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
EIN 81-0571736 • 501(c)3 • Thornton, CO
Profile
Financing, constructing and maintaining Stargate Charter School's facilities.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
39th percentile
Higher net margin than 39% of similar nonprofits.
Top Officer Pay
9th percentile
Higher top officer pay than 9% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
22nd percentile
Faster asset growth than 22% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Assets
Down$39,603,869
Down $730,186 (-1.8%) from 2022
Liabilities
Down$40,176,895
Down $701,045 (-1.7%) from 2022
Net Assets
Down-$573,026
Down $29,141 (-5.4%) from 2022
Revenue
Up$2,458,939
Up $1,136 (+0.0%) from 2022
Expenses
Down$2,488,079
Down $35,020 (-1.4%) from 2022
Net Income
Up-$29,140
Up $36,156 (+55%) from 2022
Most recent year
2023 • Form 990Summary only. Only limited summary data is available for this year.
The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.
Financing, constructing and maintaining Stargate Charter School's facilities.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $38,164,573 | $37,326,601 | ▼ $837,972 |
| Savings and Temporary Cash Investments | $2,988,914 | $3,007,454 | ▲ $18,540 |
| 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 | $-478,588 | $-543,885 | ▼ $65,297 |
| Total Assets | $41,153,487 | $40,334,055 | ▼ $819,432 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $41,483,848 | $40,732,409 | ▼ $751,439 |
| Accounts Payable and Accrued Expenses | $148,227 | $145,531 | ▼ $2,696 |
| Total Liabilities | $41,632,075 | $40,877,940 | ▼ $754,135 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-478,588 | $-543,885 | ▼ $65,297 |
| Total Liabilities and Net Assets / Fund Balance | $41,153,487 | $40,334,055 | ▼ $819,432 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $33,679,479 | $4,746,128 | $38,425,607 |
| Land | $3,243,069 | - | $3,243,069 |
| Equipment | $404,053 | - | $404,053 |
| Name | Title |
|---|---|
| Apryl Sweat | President |
| Amy Maxson | Board Member |
| Paula Magin | Board Member |
| Timothy Turner | Board Member |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,523,099 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $1,756,567 | - | - | $1,756,567 |
| Depreciation Depletion | $766,532 | - | - | $766,532 |
| Total Functional Expenses | $2,523,099 | $0 | $0 | $2,523,099 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $14,511,326 |
| Expenses Not Reported on Form 990 | $11,988,227 |
| Expenses per Audited Statements | $2,523,099 |
| Total Expenses per Form 990 | $2,523,099 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| A | Cecfa | 2018-07-17 | $42,728,165 | Refund 2015 bonds. |
| Bond | Total Proceeds | Spent | Retired | Issuance Costs |
|---|---|---|---|---|
| A | $39,442,070 | - | - | $853,881 |
“Line 8 Explanation - When there is no construction, there is only an annual meeting to review the Form 990, which is documented. During construction periods, meetings are held to review construction progress, but no minutes are recorded.”
“Line 11b Explanation - Form 990 is reviewed by the finance committee, approved by the committee and passed on to the governing Board of Directors for review and approval.”
“There are no compensated employees or management of the Foundation.”
“Stargate makes all governing documents, conflict of interest policy and financial statements available on its website, www.stargateschool.org. They are on the governance page under "Forms and Files."”
“Rounding Adjustment -1.”
“The Foundation has not changed its oversight or selection process during the year.”
“Revenue Attributable to Stargate Charter School 18,732,367.”
“Rent Received from Stargate Charter School 2,456,983.”
“Expenses Attributable to Stargate Charter School 11,988,227.”
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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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | Revenue Attributable to Stargate Charter School 18,732,367. |
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| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Line 8 Explanation - When there is no construction, there is only an annual meeting to review the Form 990, which is documented. During construction periods, meetings are held to review construction progress, but no minutes are recorded. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Line 11b Explanation - Form 990 is reviewed by the finance committee, approved by the committee and passed on to the governing Board of Directors for review and approval. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | There are no compensated employees or management of the Foundation. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Stargate makes all governing documents, conflict of interest policy and financial statements available on its website, www.stargateschool.org. They are on the governance page under "Forms and Files." |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Rounding Adjustment -1. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | The Foundation has not changed its oversight or selection process during the year. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 8b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part XI, line 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part XII, Line 2c |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | Stargate Charter School |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 841576891 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(c)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | CO |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | School |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | 170(b)(1)(A)(ii) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 14530 Washington St |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | Thornton |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | CO |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 80023 |
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| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
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| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
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| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
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| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | Cash/Historical Cost |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | Stargate Charter School |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | S |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
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| IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt | 0 | 40732409 |
| IRS990/TaxExemptBondsInd | 0 | 1 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 41153487 |
| IRS990/TotalAssetsEOYAmt | 0 | 40334055 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 41153487 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 40334055 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 2523099 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 2523099 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 41632075 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 40877940 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 41632075 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 40877940 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -478588 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -543885 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 2523099 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 2456983 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 820 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2456983 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 2457803 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 3 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 41153487 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 40334055 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 14530 Washington Street |
| IRS990/USAddress/CityNm | 0 | Thornton |
| IRS990/USAddress/StateAbbreviationCd | 0 | CO |
| IRS990/USAddress/ZIPCd | 0 | 80023 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | https://www.stargateschool.org |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Apryl Sweat |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3034503936 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-05-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Stargate Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | STAR |
| ReturnHeader/Filer/EIN | 0 | 810571736 |
| ReturnHeader/Filer/PhoneNum | 0 | 3034503936 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 14530 Washington Street |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Thornton |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CO |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 80023 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 271494012 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Hinkle & Company PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5028 E 101st Street |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Tulsa |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | OK |
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