Civic Intelligence

Leman Classical School

990 • Fiscal year 2020 • EIN 81-1263925

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 11, 2020

Organization Profilewww.lemanacademy.com/parker
19560 Stroh RdParker, CO 80134

(720) 767-1600

Siviq Scores

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

Liabilities / Assets

95th percentile

1.07x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

6.01x

Higher debt load relative to revenue than 94% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

10th percentile

-25%

Higher net margin than 10% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

16th percentile

$120,503

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

99th percentile

523%

Faster asset growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

90th percentile

52%

Faster revenue growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$39,979,508

Up $33,563,758 (+523%) from 2019

Net Assets

Down

-$2,935,177

Down $1,795,818 (-158%) from 2019

Liabilities

Up

$42,914,685

Up $35,359,576 (+468%) from 2019

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin10th percentile

Revenue

Up

$7,143,961

Up $2,448,715 (+52%) from 2019

Expenses

Up

$8,939,779

Up $3,096,945 (+53%) from 2019

Net Income

Down

-$1,795,818

Down $648,230 (-56%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$60M$40M$20M$0-$20MAssets 2019: $6,415,750Liabilities 2019: $7,555,109Net Assets 2019: -$1,139,3592019Assets 2020: $39,979,508Liabilities 2020: $42,914,685Net Assets 2020: -$2,935,1772020Assets 2021: $8,790,434Liabilities 2021: $9,342,523Net Assets 2021: -$552,0892021Assets 2022: $8,638,228Liabilities 2022: $8,030,945Net Assets 2022: $607,2832022Assets 2023: $10,957,767Liabilities 2023: $10,083,459Net Assets 2023: $874,3082023Assets 2024: $13,479,751Liabilities 2024: $12,043,541Net Assets 2024: $1,436,2102024

Highlighted filing

2020

Assets$39,979,508
Liabilities$42,914,685
Net Assets-$2,935,177
Open 2020 Filing

Operations Trend

Revenue Growth90th percentile

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2019: $4,695,246Expenses 2019: $5,842,834Net Income 2019: -$1,147,5882019Revenue 2020: $7,143,961Expenses 2020: $8,939,779Net Income 2020: -$1,795,8182020Revenue 2021: $8,673,254Expenses 2021: $8,540,457Net Income 2021: $132,7972021Revenue 2022: $10,462,353Expenses 2022: $9,302,981Net Income 2022: $1,159,3722022Revenue 2023: $12,173,346Expenses 2023: $11,906,321Net Income 2023: $267,0252023Revenue 2024: $15,010,867Expenses 2024: $14,448,965Net Income 2024: $561,9022024

Highlighted filing

2020

Revenue$7,143,961
Expenses$8,939,779
Net Income-$1,795,818
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$7,143,961
Mission and Program Overview

Mission

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$24,225,563▲ $24,225,563
Savings and Temporary Cash Investments-$8,822,171-
Cash and Non-Interest-Bearing Accounts$468,465$2,755,856▲ $2,287,391
Accounts Receivable-$14,576-
Prepaid Expenses and Deferred Charges$2,909$3,534▲ $625
Total Assets$6,415,750$39,979,508▲ $33,563,758
Other Assets Total$5,944,376$4,157,808▼ $1,786,568
Liabilities
Mortgage Notes Payable Secured by Investment Property-$34,210,120-
Other Liabilities$7,409,069$7,119,004▼ $290,065
Accounts Payable and Accrued Expenses$146,040$1,265,525▲ $1,119,485
Deferred Revenue-$320,036-
Total Liabilities$7,555,109$42,914,685▲ $35,359,576
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,268,359$-897,886▲ $370,473
Net Assets With Donor Restrictions$129,000$-2,037,291▼ $2,166,291
Total Net Assets Fund Balance$-1,139,359$-2,935,177▼ $1,795,818
Total Liabilities and Net Assets / Fund Balance$6,415,750$39,979,508▲ $33,563,758

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,641,920$356,215$18,998,135
Other Land Buildings$3,474,121-$3,474,121
Land$2,109,522-$2,109,522
Other Assets Org$4,157,808--
Compensation and Service Providers
Top Officer Pay16th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason EdwardsPrincipalFT$99,616$20,887$120,503

Board Members and Trustees

NameTitle
Barry ArringtonOfficer
Greg PritchardOfficer
Patrice BatchelorOfficer
Stacey ThomasOfficer
Victoria HostinOfficer

Highest Paid Contractors

ContractorServicesLocationCompensation
Faustus Management Company LLCManagement Services555 E River Rd, Tucson, AZ 85704$450,000
Revenue and Support

Revenue Composition

Contributions and Grants
$256,360
Program Service Revenue
$6,786,629
Investment Income
$100,972
Other Revenue
$0
All Other Contributions
$3,336
Change in Net Assets
$-1,795,818

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,143,961
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,143,961
Total Revenue per Form 990
$7,143,961
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,829,762
Salaries, Compensation, and Employee Benefits$4,110,017
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,697,301$299,524-$1,996,825
Pension Plan Contributions$1,590,790$293,648-$1,884,438
Interest$1,043,078$184,073-$1,227,151
Fees for Services Other$382,500$535,438-$917,938
Occupancy$390,878$68,978-$459,856
Depreciation Depletion$302,783$53,432-$356,215
Other Expenses$132,400$20,608-$132,400
All Other Expenses$109,588$18,616-$128,204
Current Officers, Directors, Trustees, and Key Employees$92,684$30,895-$123,579
Insurance$76,909$13,572-$90,481
Information Technology$66,734$11,777-$78,511
Other Employee Benefits$59,748$11,029-$70,777
Payroll Taxes$29,038$5,360-$34,398
Advertising$28,114$4,961-$33,075
Fees for Services Accounting-$24,266-$24,266
Office Expenses$4,269$753-$5,022
Travel$863$152-$1,015
Fees for Services Legal-$-3,129-$-3,129
Total Functional Expenses$7,179,621$1,760,158$0$8,939,779

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,939,779
Total Expenses per Audited Statements$8,939,779
Total Expenses per Form 990$8,939,779
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$4,366,748
Deferred Inflows of Resources$2,537,645
Net OPEB Liability$214,611
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The School provides form 990 to its board members for review and approval prior to submission.”

Form 990, Part VI, Section C, line 18

“Documents are made available upon request.”

Form 990, Part VI, Section C, line 19

“The School can be contacted directly for all documents pertaining to governance.”

Filing and Contact Details

Filer

Filer Name
Leman Classical School
EIN
81-1263925
Phone
7207671600
Address
19560 Stroh Rd, Parker, CO 80134

Signing Officer

Name
Victoria Hostin
Title
Officer
Phone
5204991847
Signed
2020-11-11
Discuss with paid preparer
No

Organization Details

Principal Officer
Victoria Hostin
Formed
2016
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
79
Volunteers
10

Preparer

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

Additional Explanations

Form 990, Part I, Line 1:

“Leman Academy of Excellence's mission is to offer a rigorous, Classical Education based on the traditions of Western culture where all disciplines are interrelated allowing scholars the ability to think independently and critically. We purpose to partner with supportive parents, pursue excellence, provide a safe and challenging environment, and instill morals and values in order to produce tomorrow's leaders today.”

Form 990, Part III, Line 1:

“Leman Academy of Excellence's mission is to offer a rigorous, Classical Education based on the traditions of Western culture where all disciplines are interrelated allowing scholars the ability to think independently and critically. We purpose to partner with supportive parents, pursue excellence, provide a safe and challenging environment, and instill morals and values in order to produce tomorrow's leaders today.”

Form 990, Part IX, line 11G

“Consulting : Program service expenses 0. Management and general expenses 467,938. Fundraising expenses 0. Total expenses 467,938. Contractor: Program service expenses 382,500. Management and general expenses 67,500. Fundraising expenses 0. Total expenses 450,000.”

Form 990, Part XII, Line 2C:

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

Raw XML AppendixShowing 400 of 456 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/BOYAmt0146040
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01265525
IRS990/AccountsReceivableGrp/EOYAmt014576
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0See Schedule O
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04961
IRS990/AdvertisingGrp/ProgramServicesAmt028114
IRS990/AdvertisingGrp/TotalAmt033075
IRS990/AllOtherContributionsAmt03336
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt018616
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0109588
IRS990/AllOtherExpensesGrp/TotalAmt0128204
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Leman Classical School
IRS990/BooksInCareOfDetail/PhoneNum07207671600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01950 Stroh Rd
IRS990/BooksInCareOfDetail/USAddress/CityNm0Parker
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080134
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0468465
IRS990/CashNonInterestBearingGrp/EOYAmt02755856
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt030895
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt092684
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0123579
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0450000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0555 E River Rd
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Tucson
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0AZ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd085704
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Faustus Management Company LLC
IRS990/ContractorCompensationGrp/ServicesDesc0Management Services
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0256360
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0100972
IRS990/CYOtherExpensesAmt04829762
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt06786629
IRS990/CYRevenuesLessExpensesAmt0-1795818
IRS990/CYSalariesCompEmpBnftPaidAmt04110017
IRS990/CYTotalExpensesAmt08939779
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07143961
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt0320036
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt053432
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0302783
IRS990/DepreciationDepletionGrp/TotalAmt0356215
IRS990/Desc0Organized and operated exclusively for educational purposes.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0129000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0-2037291
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt079
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt07179621
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt024266
IRS990/FeesForServicesAccountingGrp/TotalAmt024266
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0-3129
IRS990/FeesForServicesLegalGrp/TotalAmt0-3129
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0535438
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0382500
IRS990/FeesForServicesOtherGrp/TotalAmt0917938
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt520887
IRS990/Form990PartVIISectionAGrp/PersonNm0Victoria Hostin
IRS990/Form990PartVIISectionAGrp/PersonNm1Greg Pritchard
IRS990/Form990PartVIISectionAGrp/PersonNm2Patrice Batchelor
IRS990/Form990PartVIISectionAGrp/PersonNm3Barry Arrington
IRS990/Form990PartVIISectionAGrp/PersonNm4Stacey Thomas
IRS990/Form990PartVIISectionAGrp/PersonNm5Jason Edwards
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt599616
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Principal
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0253024
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07143961
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt011777
IRS990/InformationTechnologyGrp/ProgramServicesAmt066734
IRS990/InformationTechnologyGrp/TotalAmt078511
IRS990/InsuranceGrp/ManagementAndGeneralAmt013572
IRS990/InsuranceGrp/ProgramServicesAmt076909
IRS990/InsuranceGrp/TotalAmt090481
IRS990/InterestGrp/ManagementAndGeneralAmt0184073
IRS990/InterestGrp/ProgramServicesAmt01043078
IRS990/InterestGrp/TotalAmt01227151
IRS990/InvestmentIncomeGrp/ExclusionAmt0100972
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0100972
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0356215
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt024225563
IRS990/LandBldgEquipCostOrOtherBssAmt024581778
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0See Schedule O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt034210120
IRS990/NetAssetsOrFundBalancesBOYAmt0-1139359
IRS990/NetAssetsOrFundBalancesEOYAmt0-2935177
IRS990/NetUnrelatedBusTxblIncmAmt0-1059
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1268359
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-897886
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt068978
IRS990/OccupancyGrp/ProgramServicesAmt0390878
IRS990/OccupancyGrp/TotalAmt0459856
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0753
IRS990/OfficeExpensesGrp/ProgramServicesAmt04269
IRS990/OfficeExpensesGrp/TotalAmt05022
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05944376
IRS990/OtherAssetsTotalGrp/EOYAmt04157808
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011029
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt059748
IRS990/OtherEmployeeBenefitsGrp/TotalAmt070777
IRS990/OtherExpensesGrp/Desc0Debt Issuance Costs
IRS990/OtherExpensesGrp/Desc1Maintenance
IRS990/OtherExpensesGrp/Desc2Educational Services
IRS990/OtherExpensesGrp/Desc3Instructional Supplies
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0158751
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt127454
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt220608
IRS990/OtherExpensesGrp/ProgramServicesAmt0899587
IRS990/OtherExpensesGrp/ProgramServicesAmt1155575
IRS990/OtherExpensesGrp/ProgramServicesAmt2116782
IRS990/OtherExpensesGrp/ProgramServicesAmt3132400
IRS990/OtherExpensesGrp/TotalAmt01058338
IRS990/OtherExpensesGrp/TotalAmt1183029
IRS990/OtherExpensesGrp/TotalAmt2137390
IRS990/OtherExpensesGrp/TotalAmt3132400
IRS990/OtherLiabilitiesGrp/BOYAmt07409069
IRS990/OtherLiabilitiesGrp/EOYAmt07119004
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0299524
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01697301
IRS990/OtherSalariesAndWagesGrp/TotalAmt01996825
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05360
IRS990/PayrollTaxesGrp/ProgramServicesAmt029038
IRS990/PayrollTaxesGrp/TotalAmt034398
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0293648
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01590790
IRS990/PensionPlanContributionsGrp/TotalAmt01884438
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02909
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03534
IRS990/PrincipalOfficerNm0Victoria Hostin
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/BusinessCd3611110
IRS990/ProgramServiceRevenueGrp/Desc0Per Pupil Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Mill Levy Override
IRS990/ProgramServiceRevenueGrp/Desc2Other Program Services
IRS990/ProgramServiceRevenueGrp/Desc3Kindgarten Tuition
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05787250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1827602
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2151400
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt39473
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05787250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1827602
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2162304
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt39473
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt010904
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0426391
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02334386
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04268855
IRS990/PYRevenuesLessExpensesAmt0-1147588
IRS990/PYSalariesCompEmpBnftPaidAmt03508448
IRS990/PYTotalExpensesAmt05842834
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04695246
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-1795818
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06775725
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08822171
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt018641920
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0356215
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018998135
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08939779
IRS990ScheduleD/LandGrp/BookValueAmt02109522
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02109522
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04157808
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows of Resources
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03474121
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03474121
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04366748
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12537645
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2214611
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Inflows of Resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net OPEB Liability
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07143961
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024225563
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04157808
IRS990ScheduleD/TotalExpensesPerForm990Amt08939779
IRS990ScheduleD/TotalLiabilityAmt07119004
IRS990ScheduleD/TotalRevenuePerForm990Amt07143961
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07143961
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08939779
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/ExplanationTxt0Per pupil funding and federal grant funding is recived through the Colorado Department of Education
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Leman Academy of Excellence's mission is to offer a rigorous, Classical Education based on the traditions of Western culture where all disciplines are interrelated allowing scholars the ability to think independently and critically. We purpose to partner with supportive parents, pursue excellence, provide a safe and challenging environment, and instill morals and values in order to produce tomorrow's leaders today.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Leman Academy of Excellence's mission is to offer a rigorous, Classical Education based on the traditions of Western culture where all disciplines are interrelated allowing scholars the ability to think independently and critically. We purpose to partner with supportive parents, pursue excellence, provide a safe and challenging environment, and instill morals and values in order to produce tomorrow's leaders today.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The School provides form 990 to its board members for review and approval prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The School can be contacted directly for all documents pertaining to governance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Consulting : Program service expenses 0. Management and general expenses 467,938. Fundraising expenses 0. Total expenses 467,938. Contractor: Program service expenses 382,500. Management and general expenses 67,500. Fundraising expenses 0. Total expenses 450,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The finance committee oversees audit services and selection of independent auditors. This has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XII, Line 2c:
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0The Leman Academy of Excellence
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0812252290
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt033047734
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0School building and land
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0394061
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt019560 Stroh Rd
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Parker
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd080134
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06415750
IRS990/TotalAssetsEOYAmt039979508
IRS990/TotalAssetsGrp/BOYAmt06415750
IRS990/TotalAssetsGrp/EOYAmt039979508
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0256360
IRS990/TotalEmployeeCnt079
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01760158
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07179621
IRS990/TotalFunctionalExpensesGrp/TotalAmt08939779
IRS990/TotalGrossUBIAmt010904
IRS990/TotalLiabilitiesBOYAmt07555109
IRS990/TotalLiabilitiesEOYAmt042914685
IRS990/TotalLiabilitiesGrp/BOYAmt07555109
IRS990/TotalLiabilitiesGrp/EOYAmt042914685
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1139359
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2935177
IRS990/TotalOtherCompensationAmt020887
IRS990/TotalProgramServiceExpensesAmt07179621
IRS990/TotalProgramServiceRevenueAmt06786629
IRS990/TotalReportableCompFromOrgAmt099616
IRS990/TotalRevenueGrp/ExclusionAmt0100972

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
$39,979,508
Liabilities
$42,914,685
Net assets
-$2,935,177
Revenue
$7,143,961
Expenses
$8,939,779
Net income
-$1,795,818
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.5$12.0$1.44$15.0$14.4$0.56
2023Detailed filing. Detailed filing data is available for this year.$11.0$10.1$0.87$12.2$11.9$0.27
2022Detailed filing. Detailed filing data is available for this year.$8.64$8.03$0.61$10.5$9.30$1.16
2021Detailed filing. Detailed filing data is available for this year.$8.79$9.34$0.55$8.67$8.54$0.13
2020Detailed filing. Detailed filing data is available for this year.$40.0$42.9$2.94$7.14$8.94$1.80
2019Detailed filing. Detailed filing data is available for this year.$6.42$7.56$1.14$4.70$5.84$1.15