Civic Intelligence

Wra Building Corporation

EIN 81-0804029 • 501(c)3 • Greeley, CO

Greeley, CO
Siviq Scores

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

Liabilities / Assets

80th percentile

0.60x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

17.14x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

34th percentile

-0.5%

Higher net margin than 34% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

100th percentile

866%

Faster asset growth than 100% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

52nd percentile

8.3%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$18,431,690

Up $16,523,844 (+866%) from 2019

Liabilities

Up

$11,053,232

Up $11,053,232 from 2019

Net Assets

Up

$7,378,458

Up $5,470,612 (+287%) from 2019

Revenue

Up

$644,877

Up $49,494 (+8.3%) from 2019

Expenses

Down

$648,295

Down $369,517 (-36%) from 2019

Net Income

Up

-$3,418

Up $419,011 (+99%) from 2019

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2017: $9,187,912Liabilities 2017: $9,401,019Net Assets 2017: -$213,1072017Assets 2018: $8,891,378Liabilities 2018: $9,559,264Net Assets 2018: -$667,8862018Assets 2019: $1,907,846Liabilities 2019: $0Net Assets 2019: $1,907,8462019Assets 2020: $18,431,690Liabilities 2020: $11,053,232Net Assets 2020: $7,378,4582020

Highlighted filing

2020

Assets$18,431,690
Liabilities$11,053,232
Net Assets$7,378,458

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $36,958Expenses 2017: $250,065Net Income 2017: -$213,1072017Revenue 2018: $415,327Expenses 2018: $535,444Net Income 2018: -$120,1172018Revenue 2019: $595,383Expenses 2019: $1,017,812Net Income 2019: -$422,4292019Revenue 2020: $644,877Expenses 2020: $648,295Net Income 2020: -$3,4182020

Highlighted filing

2020

Revenue$644,877
Expenses$648,295
Net Income-$3,418

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jun 29, 2021
Return Version
2019v5.0
Gross Receipts
$644,877
Mission and Program Overview

Mission

WRA Building Corporation manages the facility financing and pays the financing note (bond) over time by collecting payments from West Ridge Academy Charter School.

The corporation owns school facilities and leases them to west ridge academy(wra), a colorado local government charter school. The corporation is responsible for payment of tax-exempt debt acquired to build the school facilities, and, consequently, has contracted with wra to provide sufficient lease income to service this debt until fully paid.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$8,526,969$8,361,225▼ $165,744
Land, Buildings, and Equipment, Net$8,273,027$8,083,139▼ $189,888
Savings and Temporary Cash Investments$1,907,846$1,987,326▲ $79,480
Total Assets$18,707,842$18,431,690▼ $276,152
Liabilities
Tax Exempt Bond Liabilities$10,430,000$10,310,000▼ $120,000
Deferred Revenue$725,407$704,681▼ $20,726
Accounts Payable and Accrued Expenses$4,815$38,551▲ $33,736
Total Liabilities$11,160,222$11,053,232▼ $106,990
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,547,620$7,378,460▼ $169,160
Total Net Assets Fund Balance$7,547,620$7,378,458▼ $169,162
Total Liabilities and Net Assets / Fund Balance$18,707,842$18,431,690▼ $276,152

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,076,241$519,276$7,595,517
Land$1,006,898-$1,006,898
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kenneth DyerPresident
Brian BartelsMember
Dawn BarthSecretary
John BoydTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$610,120
Investment Income
$34,757
Other Revenue
$0
Change in Net Assets
$-3,418

Audited Revenue Reconciliation

Total Revenue per Audited Statements
$644,877
Total Revenue per Form 990
$644,877
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$648,295
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$452,376--$452,376
Depreciation Depletion$189,888--$189,888
Other Expenses$6,031--$6,031
Total Functional Expenses$648,295$0$0$648,295

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$648,295
Total Expenses per Audited Statements$565,397
Expenses per Audited Statements$445,397
Other Expense Adjustments$202,898
Total Expenses per Form 990$-3,418
Expenses Not Reported on Form 990$-120,000
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
AColorado Educational and Cultural a2019-06-26$10,430,000Refund debt originally issued in 2017. Transactions took place in the fiscal year ended june 30, 201

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
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, Page 6, Part VI, Line 11B

The draft form of the 990 was distributed to all of the board of directors for comment and suggested corrections.

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

Article vii of the corporation's bylaws defines conflict of interest and requires members of the board to disclose and resolve any conflicts identified.

Form 990, Page 6, Part VI, Line 19

Upon request or via third party websites such as guidestar.

Filing and Contact Details

Filer

Filer Name
Wra Building Corporation
EIN
81-0804029
Phone
9703303671
Address
6905 8TH ST, GREELEY, CO 80634

Signing Officer

Name
Kenneth Dyer
Title
President
Phone
9703303671
Signed
2021-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Dyer
Legal Domicile
Co
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Yeater & Associates Inc
Address
1140 38TH AVE STE A, GREELEY, CO 80634-2579
Preparer
David L Cole CPA
Phone
9703784830
Supplemental Narrative

Additional Explanations

Form 990

Certain chanages were made to the original presentation of prior fiscal year (6/30/19) presentation to change the basis of accounting from gov't based modified accrual to normal accrual. This included adding fixed assets titled to the corporation and associated bonded debt on the balance sheet. Changes were also made to page 1, line 9 (program services income) by adding an additional receipt of 6,949 from the supported organization to lease income. Also, depreciation of 188,222 was included in line 17 (other expenses), along with reclassification of expenses for the purchase of fixed assets, and capitalizing these items, totaling 66,645.

Form 990, Part XI, Line 9

Debt principle paid 120,000 depreciation 188,222 accrued interest 13,010 book / tax depreciation difference -1,666 reduction amounts to be prov -165,744 total 153,822

Form 990, Page 12, Part XII, Line 1

Prior year returns were prepared from minimal data extracted from the audit report of the supported organization, west ridge academy, a colorado local government charter school. The data were blended in the audit report utilizing the government reporting model, specifically modified accrual accounting. Modified accrual reporting does not report capital assets and related depreciation, nor does it include long-term debt. Beginning with the june 30, 2020, fiscal year-end return, the data are presented on full-accrual accounting basis, and include capital assets owned by west ridge academy building corporation (a colorado not-for-profit corporation with 501(c)(3) tax status), and associated exempt debt. The prior presentation for the fiscal year ended june 30, 2019, has been restated.

Financial Statement Notes

Schedule D, Page 4, Part XIII

Audited financials were presented on modified (government gaap) basis. These adjustments change the basis of presentation to normal gaap full accrual. Increase in accrued interest expense - 33,736; record depreciation - 189,888; amortize bond premium = (20,726) payment of bond principle deducted from audited expenses - (120,000)

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AUDITED FINANCIALS WERE PRESENTED ON MODIFIED (GOVERNMENT GAAP) BASIS. THESE ADJUSTMENTS CHANGE THE BASIS OF PRESENTATION TO NORMAL GAAP FULL ACCRUAL. INCREASE IN ACCRUED INTEREST EXPENSE - 33,736; RECORD DEPRECIATION - 189,888; AMORTIZE BOND PREMIUM = (20,726) PAYMENT OF BOND PRINCIPLE DEDUCTED FROM AUDITED EXPENSES - (120,000)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XIII
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08083139
IRS990ScheduleD/TotalExpensesPerForm990Amt0-3418
IRS990ScheduleD/TotalRevenuePerForm990Amt0644877
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0644877
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0565397
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0COLORADO EDUCATIONAL AND CULTURAL AU REFUND DEBT ORIGINALLY ISSUED IN 2017. TRANSACTIONS TOOK PLACE IN THE FISCAL YEAR ENDED JUNE 30, 2019.
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1COLORADO EDUCATIONAL AND CULTURAL AU DEBT ISSUED IN 2017, IN THE AMOUNT OF 9,490,000, WAS REFUNDED IN JUNE OF 2019 WITH A NEW ISSUE IN THE AMOUNT OF 10,430,000. A PREMIUM OF 725,407 WAS ALSO PART OF THE PROCEEDS OF THE NEW ISSUE. THE OLD ISSUE WAS RETIRED AND ADDITIONAL CURRENT PROCEEDS WERE USED FOR LEGAL AND ISSUANCE COSTS AND FOR ADDITIONAL FIXED ASSETS ACQUISITIONS IN THE PRIOR FISCAL YEAR.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1ADDITIONAL INFORMATION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02019-06-26
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0840896727
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum019645UAS3
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt010430000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0COLORADO EDUCATIONAL AND CULTURAL A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine2Txt0COLO ED AND & CULT FACILITIES AUTHO
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0REFUND DEBT ORIGINALLY ISSUED IN 2017. TRANSACTIONS TOOK PLACE IN THE FISCAL YEAR ENDED JUNE 30, 201
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02019
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CERTAIN CHANAGES WERE MADE TO THE ORIGINAL PRESENTATION OF PRIOR FISCAL YEAR (6/30/19) PRESENTATION TO CHANGE THE BASIS OF ACCOUNTING FROM GOV'T BASED MODIFIED ACCRUAL TO NORMAL ACCRUAL. THIS INCLUDED ADDING FIXED ASSETS TITLED TO THE CORPORATION AND ASSOCIATED BONDED DEBT ON THE BALANCE SHEET. CHANGES WERE ALSO MADE TO PAGE 1, LINE 9 (PROGRAM SERVICES INCOME) BY ADDING AN ADDITIONAL RECEIPT OF 6,949 FROM THE SUPPORTED ORGANIZATION TO LEASE INCOME. ALSO, DEPRECIATION OF 188,222 WAS INCLUDED IN LINE 17 (OTHER EXPENSES), ALONG WITH RECLASSIFICATION OF EXPENSES FOR THE PURCHASE OF FIXED ASSETS, AND CAPITALIZING THESE ITEMS, TOTALING 66,645.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DRAFT FORM OF THE 990 WAS DISTRIBUTED TO ALL OF THE BOARD OF DIRECTORS FOR COMMENT AND SUGGESTED CORRECTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ARTICLE VII OF THE CORPORATION'S BYLAWS DEFINES CONFLICT OF INTEREST AND REQUIRES MEMBERS OF THE BOARD TO DISCLOSE AND RESOLVE ANY CONFLICTS IDENTIFIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST OR VIA THIRD PARTY WEBSITES SUCH AS GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DEBT PRINCIPLE PAID 120,000 DEPRECIATION 188,222 ACCRUED INTEREST 13,010 BOOK / TAX DEPRECIATION DIFFERENCE -1,666 REDUCTION AMOUNTS TO BE PROV -165,744 TOTAL 153,822
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRIOR YEAR RETURNS WERE PREPARED FROM MINIMAL DATA EXTRACTED FROM THE AUDIT REPORT OF THE SUPPORTED ORGANIZATION, WEST RIDGE ACADEMY, A COLORADO LOCAL GOVERNMENT CHARTER SCHOOL. THE DATA WERE BLENDED IN THE AUDIT REPORT UTILIZING THE GOVERNMENT REPORTING MODEL, SPECIFICALLY MODIFIED ACCRUAL ACCOUNTING. MODIFIED ACCRUAL REPORTING DOES NOT REPORT CAPITAL ASSETS AND RELATED DEPRECIATION, NOR DOES IT INCLUDE LONG-TERM DEBT. BEGINNING WITH THE JUNE 30, 2020, FISCAL YEAR-END RETURN, THE DATA ARE PRESENTED ON FULL-ACCRUAL ACCOUNTING BASIS, AND INCLUDE CAPITAL ASSETS OWNED BY WEST RIDGE ACADEMY BUILDING CORPORATION (A COLORADO NOT-FOR-PROFIT CORPORATION WITH 501(C)(3) TAX STATUS), AND ASSOCIATED EXEMPT DEBT. THE PRIOR PRESENTATION FOR THE FISCAL YEAR ENDED JUNE 30, 2019, HAS BEEN RESTATED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
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 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 12, PART XII, LINE 1
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WEST RIDGE ACADEMY CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0273742918
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0GOVT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt06
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06905 8TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GREELEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd080634
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0610120
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH LEASE PAYMENTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0WEST RIDGE ACADEMY CHARTER
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0A
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt010430000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt010310000
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt018707842
IRS990/TotalAssetsEOYAmt018431690
IRS990/TotalAssetsGrp/BOYAmt018707842
IRS990/TotalAssetsGrp/EOYAmt018431690
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0648295
IRS990/TotalFunctionalExpensesGrp/TotalAmt0648295
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011160222
IRS990/TotalLiabilitiesEOYAmt011053232
IRS990/TotalLiabilitiesGrp/BOYAmt011160222
IRS990/TotalLiabilitiesGrp/EOYAmt011053232
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07547620
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07378458
IRS990/TotalProgramServiceExpensesAmt0646629
IRS990/TotalProgramServiceRevenueAmt0610120
IRS990/TotalRevenueGrp/ExclusionAmt034757
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0610120
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0644877
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt018707842
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018431690
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06905 8TH ST
IRS990/USAddress/CityNm0GREELEY
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080634
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd0false
ReasonableCauseExplanation/ExplanationTxt0THE COMPANY IS A COMPONENT UNIT OF WEST RIDGE ACADEMY CHARTER SCHOOL, A COLORADO LOCAL GOVERNMENT ENTITY, WHICH, IN TURN, IS A COMPONENT UNIT OF WELD COUNTY SCHOOL DISTRICT 6, ALSO A COLORADO LOCAL GOVERNMENT ENTITY. FINANCIAL REPORTING IN THE PAST HAS BEEN ON GAAP FOR GOVERNMENT, WHICH IS NOT APPROPRIATE FOR WEST RIDGE BUILDING CORPORATION, WHICH MUST USE GENERAL GAAP ON THE ACCRUAL BASIS. THE EXTRACTION OF ACCRUAL INFORMATION FROM THE AFFILIATED GOVERNMENT ENTITIES HAS BEEN DIFFICULT AND TIME-CONSUMING. THE CORPORATION REQUESTS ABATEMENT OF ANY PENALTIES AND INTEREST RELATED TO THIS LATE FILING.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH DYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09703303671
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WRA BUILDING CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0WRAB
ReturnHeader/Filer/EIN0810804029
ReturnHeader/Filer/PhoneNum09703303671
ReturnHeader/Filer/USAddress/AddressLine1Txt06905 8TH ST
ReturnHeader/Filer/USAddress/CityNm0GREELEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080634
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0465448846
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YEATER & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01140 38TH AVE STE A

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