Civic Intelligence

Quest Forward Academy Inc.

990 • Fiscal year 2020 • EIN 81-3810037

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 16, 2021

Organization Profilewww.questforward.academy

View Organization Page

1395 S Platte River DriveDenver, CO 80223

(303) 962-0020

Siviq Scores

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

Liabilities / Assets

99th percentile

4.12x

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

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

Liabilities / Revenue

99th percentile

14.29x

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

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

Net Margin

1st percentile

-640%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

95th percentile

$345,926

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 71.1% of source-year revenue.

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

Asset Growth

78th percentile

28%

Faster asset growth than 78% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-83%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$1,688,573

Up $371,840 (+28%) from 2019

Net Assets

Down

-$5,268,918

Down $3,117,222 (-145%) from 2019

Liabilities

Up

$6,957,491

Up $3,489,062 (+101%) from 2019

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Down

$486,749

Down $2,407,589 (-83%) from 2019

Expenses

Up

$3,603,971

Up $579,640 (+19%) from 2019

Net Income

Down

-$3,117,222

Down $2,987,229 (-2298%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$10M$5.0M$0-$5.0M-$10MAssets 2017: $460,814Liabilities 2017: $878,200Net Assets 2017: -$417,3862017Assets 2018: $1,219,391Liabilities 2018: $3,381,239Net Assets 2018: -$2,161,8482018Assets 2019: $1,316,733Liabilities 2019: $3,468,429Net Assets 2019: -$2,151,6962019Assets 2020: $1,688,573Liabilities 2020: $6,957,491Net Assets 2020: -$5,268,9182020Assets 2021: $2,430,773Liabilities 2021: $2,100,296Net Assets 2021: $330,4772021Assets 2022: $2,500,201Liabilities 2022: $99,336Net Assets 2022: $2,400,8652022Assets 2023: $4,229,896Liabilities 2023: $78,787Net Assets 2023: $4,151,1092023Assets 2024: $4,069,421Liabilities 2024: $59,821Net Assets 2024: $4,009,6002024

Highlighted filing

2020

Assets$1,688,573
Liabilities$6,957,491
Net Assets-$5,268,918
Open 2020 Filing

Operations Trend

Revenue Growth2nd percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2017: $0Expenses 2017: $417,386Net Income 2017: -$417,3862017Revenue 2018: $206,882Expenses 2018: $2,224,095Net Income 2018: -$2,017,2132018Revenue 2019: $2,894,338Expenses 2019: $3,024,331Net Income 2019: -$129,9932019Revenue 2020: $486,749Expenses 2020: $3,603,971Net Income 2020: -$3,117,2222020Revenue 2021: $10,105,385Expenses 2021: $4,841,196Net Income 2021: $5,264,1892021Revenue 2022: $7,624,976Expenses 2022: $5,554,588Net Income 2022: $2,070,3882022Revenue 2023: $7,494,709Expenses 2023: $5,676,592Net Income 2023: $1,818,1172023Revenue 2024: $5,226,200Expenses 2024: $5,367,709Net Income 2024: -$141,5092024

Highlighted filing

2020

Revenue$486,749
Expenses$3,603,971
Net Income-$3,117,222
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 16, 2021
Return Version
2019v5.2
Gross Receipts
$486,749
Mission and Program Overview

Mission

See Schedule O. Quest Forward Academy operates private secondary schools using a research-based, technology-powered learning platform teaching traditional academics and life skills through an active, quest-based paradigm. Quest Forward Academy's goal is to provide an effective and efficient learning methodology different than traditional secondary education but condusive to (1) assisting young individuals gain an education, (2) imbuing a life-long quest for knowledge and learning and (3) overcoming any societial limitations students may face including but not limited to low-income or poverty.

Operation of private secondary school(s).

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$3,291,070$6,797,227▲ $3,506,157
Land, Buildings, and Equipment, Net$1,271,755$1,248,996▼ $22,759
Cash and Non-Interest-Bearing Accounts$44,886$145,228▲ $100,342
Accounts Receivable$92$232▲ $140
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-2,151,696$-5,268,918▼ $3,117,222
Total Assets$1,316,733$1,688,573▲ $371,840
Other Assets Total$0$294,117▲ $294,117
Liabilities
Other Liabilities$17,384$132,638▲ $115,254
Accounts Payable and Accrued Expenses$3,517$27,626▲ $24,109
Total Liabilities$3,468,429$6,957,491▲ $3,489,062
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,151,696$-5,268,918▼ $3,117,222
Total Liabilities and Net Assets / Fund Balance$1,316,733$1,688,573▲ $371,840

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,028,232$235,958$1,264,190
Other Land Buildings$105,195$87,903$193,098
Equipment$115,569$63,977$179,546
Other Assets Org$294,117--
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen KenkelDirector QF Academy SantaFT$164,456$26,124$190,580
Mark SmithDirector QF Academy OmahaFT$139,829$692$140,521

Board Members and Trustees

NameTitle
Alfred LevittPresident and General Coun
J Joe RickettsCEO
Ray RavagliaChief Learning Officer

Highest Paid Contractors

ContractorServicesLocationCompensation
RCGH IncRent of school facilities in Santa Rosa,PO Box 1753, Rohnert Park, CA 94927$349,660
Bellevue UniversityRent of school facilities in Bellevue, N1000 Galving Road South, Bellevue, NE 68005$211,580
-Meals for students414 Beaver Street, Santa Roasa, CA 95404$118,865
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$486,749
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-3,117,222
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,934,111
Other Expenses$1,669,860
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,689,172--$1,689,172
Occupancy$500,179--$500,179
All Other Expenses$208,712--$208,712
Fees for Services Other$168,209--$168,209
Advertising$160,159--$160,159
Depreciation Depletion$156,699--$156,699
Payroll Taxes$121,906--$121,906
Other Employee Benefits$110,092--$110,092
Other Expenses$48,219--$48,219
Travel$20,859--$20,859
Office Expenses$18,050--$18,050
Information Technology$17,670--$17,670
Insurance$14,831--$14,831
Pension Plan Contributions$12,941--$12,941
Fees for Services Legal$5,132--$5,132
Total Functional Expenses$3,603,971$0$0$3,603,971
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Op Ed Foundation and Quest Forward Academy are commonly controlled.Opportunity Education Foundation licenses to Quest Forward Academy its proprietary quest-based learning system and cirriculum. Currently, Opportunity Education Foundation does not charge Quest Forward Academy for use of its intellectual property (the license is royalty-free); however, such is subject to change.No$0

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$3,291,070$6,797,227▲ $3,506,157
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Improvement Rent Allowance$132,638
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A draft Form 990 is provided to each member of the board of directors prior to filing; thereafter, the return preparer reviews with the board of directors the draft Form 990 and resolves any questions or concerns.”

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

“Officers, directors and key employees are required each year to acknowledge conflict of interest policy and certify compliance with the policy.”

Form 990, Part VI, Section B, line 15

“HR professionals associated with the sole director's home office, review and define job possitions and comparable compensation for similar positions. The HR professionals then make a recommendation to the sole director and/or hiring manager regarding compensation for potential candidates. The director/hiring managers interview employee candidates and establish compensation based on employee qualifications and HR recommendations.”

Form 990, Part VI, Section C, line 19

“Complete copies of Quest Forward Academy's governing documents (articles, bylaws, conflict of interest policy and financial statements) for the current year are available to the general public upon request.”

Filing and Contact Details

Filer

Filer Name
Quest Forward Academy Inc
EIN
81-3810037
Phone
3039620020
Address
1395 S Platte River Drive, Denver, CO 80223
Doing Business As
Quest Forward Academy

Signing Officer

Name
J Joe Ricketts
Title
CEO
Phone
3039620042
Signed
2021-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Joe Ricketts
Formed
2016
Legal Domicile
De
Voting Board Members
1
Independent Board Members
1
Employees
27
Volunteers
10

Preparer

Firm
Steven L Christensen JD
Address
1395 S Platte River Drive, Denver, CO 80223
Preparer
Steven L Christensen
Phone
3039620025
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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/MissionDesc0See Schedule O. Quest Forward Academy operates private secondary schools using a research-based, technology-powered learning platform teaching traditional academics and life skills through an active, quest-based paradigm. Quest Forward Academy's goal is to provide an effective and efficient learning methodology different than traditional secondary education but condusive to (1) assisting young individuals gain an education, (2) imbuing a life-long quest for knowledge and learning and (3) overcoming any societial limitations students may face including but not limited to low-income or poverty.
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-2151696
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-5268918
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0115569
IRS990ScheduleD/EquipmentGrp/DepreciationAmt063977
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0179546
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01028232
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0235958
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01264190
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0294117
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Tenant Improvements - In Progress
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0105195
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt087903
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0193098
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0132638
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Improvement Rent Allowance
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01248996
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0294117
IRS990ScheduleD/TotalLiabilityAmt0132638
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Quest Forward Academy publishes notice of its nondiscriminatory policy on printed promotional materials, website and annually in local newspapers of a general circulation in Bellevue, Nebraska and Santa Rosa, California.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0164456
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1313984
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt024940
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt125000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt01184
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt16942
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Karen Kenkel
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Ray Ravaglia
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Director QF Academy Santa
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Chief Learning Officer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0190580
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1345926
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Employees who provide evidence of health club membership receive a taxable fringe benefit of $100/year to defray the cost of such membership.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 1a
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Opportunity Education Foundation
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Op Ed Foundation and Quest Forward Academy are commonly controlled.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Opportunity Education Foundation licenses to Quest Forward Academy its proprietary quest-based learning system and cirriculum. Currently, Opportunity Education Foundation does not charge Quest Forward Academy for use of its intellectual property (the license is royalty-free); however, such is subject to change.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt06797227
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Loan to finance start up and operating costs.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt06797227
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0J Joe Ricketts
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Director/CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt06797227
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A draft Form 990 is provided to each member of the board of directors prior to filing; thereafter, the return preparer reviews with the board of directors the draft Form 990 and resolves any questions or concerns.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officers, directors and key employees are required each year to acknowledge conflict of interest policy and certify compliance with the policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HR professionals associated with the sole director's home office, review and define job possitions and comparable compensation for similar positions. The HR professionals then make a recommendation to the sole director and/or hiring manager regarding compensation for potential candidates. The director/hiring managers interview employee candidates and establish compensation based on employee qualifications and HR recommendations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Complete copies of Quest Forward Academy's governing documents (articles, bylaws, conflict of interest policy and financial statements) for the current year are available to the general public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0383971054
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1371882020
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0S
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1S
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Management company
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1Food wholesaler
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0HE Management Company
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1Cloisters Authentic Products LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01395 S Platte River Drive
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt11395 S Platte River Drive
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Denver
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1Denver
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1CO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd080223
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd180223
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0203705740
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0Home office and holding company
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0Hugo Enterprises LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt01395 S Platte River Drive
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0Denver
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0CO

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$1,688,573
Liabilities
$6,957,491
Net assets
-$5,268,918
Revenue
$486,749
Expenses
$3,603,971
Net income
-$3,117,222
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.07$0.06$4.01$5.23$5.37$0.14
2023Detailed filing. Detailed filing data is available for this year.$4.23$0.08$4.15$7.49$5.68$1.82
2022Detailed filing. Detailed filing data is available for this year.$2.50$0.10$2.40$7.62$5.55$2.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$2.10$0.33$10.1$4.84$5.26
2020Detailed filing. Detailed filing data is available for this year.$1.69$6.96$5.27$0.49$3.60$3.12
2019Summary only. Only limited summary data is available for this year.$1.32$3.47$2.15$2.89$3.02$0.13
2018Summary only. Only limited summary data is available for this year.$1.22$3.38$2.16$0.21$2.22$2.02
2017Summary only. Only limited summary data is available for this year.$0.46$0.88$0.42$0.00$0.42$0.42