Civic Intelligence

Pagosa Peak Open School

EIN 81-4785292 • 501(c)3 • Pagosa Springs, CO

Profile

The school's mission is to create a community of empowered, lifelong learners by providing a multi-age learning environment designed to foster confidence, high academic achievement, and the joy of learning through original and meaningful work.

3133 Cornerstone DrivePagosa Springs, CO 81147

www.pagosapeakopenschool.org

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.97x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

91st percentile

1.45x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

72nd percentile

14%

Faster asset growth than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Revenue Growth

21st percentile

-11%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Assets

Down

$3,010,651

Down $334,264 (-10.0%) from 2024

Liabilities

Down

$2,934,211

Down $624,544 (-18%) from 2024

Net Assets

Up

$76,440

Up $290,280 (+136%) from 2024

Revenue

Down

$2,028,145

Down $595,122 (-23%) from 2024

Expenses

Down

$1,737,865

Down $403,551 (-19%) from 2024

Net Income

Down

$290,280

Down $191,571 (-40%) from 2024

Trend Graphs

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2018: $1,870,938Liabilities 2018: $2,514,822Net Assets 2018: -$643,8842018Assets 2019: $1,146,523Liabilities 2019: $2,134,201Net Assets 2019: -$987,6782019Assets 2020: $1,387,060Liabilities 2020: $2,465,106Net Assets 2020: -$1,078,0462020Assets 2021: $1,645,493Liabilities 2021: $2,704,334Net Assets 2021: -$1,058,8412021Assets 2022: $2,278,002Liabilities 2022: $2,571,827Net Assets 2022: -$293,8252022Assets 2023: $2,307,518Liabilities 2023: $2,315,209Net Assets 2023: -$7,6912023Assets 2024: $3,344,915Liabilities 2024: $3,558,755Net Assets 2024: -$213,8402024Assets 2025: $3,010,651Liabilities 2025: $2,934,211Net Assets 2025: $76,4402025

Highlighted filing

2025

Assets$3,010,651
Liabilities$2,934,211
Net Assets$76,440

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $842,089Expenses 2018: $1,478,029Net Income 2018: -$635,9402018Revenue 2019: $1,243,854Expenses 2019: $1,087,788Net Income 2019: $156,0662019Revenue 2020: $1,458,578Expenses 2020: $1,548,945Net Income 2020: -$90,3672020Revenue 2021: $1,642,265Expenses 2021: $1,623,060Net Income 2021: $19,2052021Revenue 2022: $2,237,463Expenses 2022: $1,472,447Net Income 2022: $765,0162022Revenue 2023: $2,535,961Expenses 2023: $2,249,827Net Income 2023: $286,1342023Revenue 2024: $2,623,267Expenses 2024: $2,141,416Net Income 2024: $481,8512024Revenue 2025: $2,028,145Expenses 2025: $1,737,865Net Income 2025: $290,2802025

Highlighted filing

2025

Revenue$2,028,145
Expenses$1,737,865
Net Income$290,280

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 14, 2025
Return Version
2024v5.0
Gross Receipts
$2,028,145
Mission and Program Overview

Mission

The school's mission is to create a community of empowered, lifelong learners by providing a multi-age learning environment designed to foster confidence, high academic achievement, and the joy of learning through original and meaningful work.

Ppos is a public charter school established in 2016. Ppos began operations in september 2017. The school focuses on project based learning for students in kindergarten through 8th grade

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,199,596$1,419,666▲ $220,070
Cash and Non-Interest-Bearing Accounts$903,576$936,801▲ $33,225
Prepaid Expenses and Deferred Charges-$87,132-
Rtn Earn Endowment Incm Other Fnds$-213,840$76,440▲ $290,280
Accounts Receivable$317,197$21,539▼ $295,658
Total Assets$3,344,915$3,010,651▼ $334,264
Other Assets Total$924,546$545,513▼ $379,033
Liabilities
Other Liabilities$2,801,256$2,424,430▼ $376,826
Deferred Revenue$733,115$488,284▼ $244,831
Accounts Payable and Accrued Expenses$24,384$21,497▼ $2,887
Total Liabilities$3,558,755$2,934,211▼ $624,544
Net Assets / Fund Balance
Total Net Assets Fund Balance$-213,840$76,440▲ $290,280
Total Liabilities and Net Assets / Fund Balance$3,344,915$3,010,651▼ $334,264

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,338,354$86,388$1,424,742
Equipment$81,312$25,422$106,734
Other Assets Org$18,604--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lawrence RugarBoard Presid
Bill HudsonBoard Secret
Pamela MeadeBoard Treasu
Catherine SiebelMember
Chris FredricsMember
Jesse WhiteVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$534,728
Program Service Revenue
$1,493,417
Investment Income
$0
Other Revenue
$0
All Other Contributions
$371,734
Change in Net Assets
$290,280

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,028,145
Total Revenue per Audited Statements
$2,028,145
Total Revenue per Form 990
$2,028,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,062,197
Other Expenses$675,668
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$639,416$265,670-$905,086
Occupancy-$227,545-$227,545
Pension Plan Contributions$185,806$-28,695-$157,111
All Other Expenses$19,791$34,557-$54,348
Insurance-$42,357-$42,357
Depreciation Depletion-$39,470-$39,470
Fees for Services Accounting-$35,506-$35,506
Other Expenses$15,372$5,962-$21,334
Information Technology-$18,459-$18,459
Travel-$11,243-$11,243
Office Expenses-$7,055-$7,055
Advertising-$4,517-$4,517
Fees for Services Legal-$1,354-$1,354
Fees for Services Other-$619-$619
Total Functional Expenses$927,896$809,969$0$1,737,865

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,737,865
Total Expenses per Audited Statements$1,737,865
Total Expenses per Form 990$1,737,865
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 Liability$1,967,346
Deferred Inflows Pension$391,725
Net Opeb Liability$34,906
Deferred Inflows Opeb$30,453
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
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, Page 6, Part VI, Line 11B

The 990 is reviwed by management and an outside financial consultant prior to filing

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

Prospective board members are screened for potential conflict of interest prior to appointment to the board. Board members are required to disclsose conflicts of interest during board meetings.

Form 990, Page 6, Part VI, Line 15B

Compensation for officers and key employees was determined by the board of directors and documented in the meeting minutes of the executive session.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public via the school's website and upon request.

Filing and Contact Details

Filer

Filer Name
Pagosa Peak Open School
EIN
81-4785292
Phone
9707312003
Address
3133 CORNERSTONE DRIVE, PAGOSA SPRINGS, CO 81147

Signing Officer

Name
Emily Murphy
Title
Exec Director
Phone
9707312003
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lawrence Rugar
Formed
2016
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
38
Volunteers
6

Preparer

Firm
Prospective Business Solutions LLC
Address
26 W DRY CREEK CIRCLE SUITE 600, LITTLETON, CO 80120
Preparer
Uli Keeley
Phone
7202176601
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The school's mission is to create a community of empowered, lifelong learners by providing a multi-age learning environment designed to foster confidence, high academic achievement, and the joy of learning through original and meaningful work.

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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0526909
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt118604
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS PENSION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED OUTFLOWS OPEB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01967346
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1391725
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt234906
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt330453
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS PENSION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NET OPEB LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED INFLOWS OPEB
IRS990ScheduleD/RevenueSubtotalAmt02028145
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01419666
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0545513
IRS990ScheduleD/TotalExpensesPerForm990Amt01737865
IRS990ScheduleD/TotalLiabilityAmt02424430
IRS990ScheduleD/TotalRevenuePerForm990Amt02028145
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02028145
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01737865
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S MISSION IS TO CREATE A COMMUNITY OF EMPOWERED, LIFELONG LEARNERS BY PROVIDING A MULTI-AGE LEARNING ENVIRONMENT DESIGNED TO FOSTER CONFIDENCE, HIGH ACADEMIC ACHIEVEMENT, AND THE JOY OF LEARNING THROUGH ORIGINAL AND MEANINGFUL WORK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIWED BY MANAGEMENT AND AN OUTSIDE FINANCIAL CONSULTANT PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROSPECTIVE BOARD MEMBERS ARE SCREENED FOR POTENTIAL CONFLICT OF INTEREST PRIOR TO APPOINTMENT TO THE BOARD. BOARD MEMBERS ARE REQUIRED TO DISCLSOSE CONFLICTS OF INTEREST DURING BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR OFFICERS AND KEY EMPLOYEES WAS DETERMINED BY THE BOARD OF DIRECTORS AND DOCUMENTED IN THE MEETING MINUTES OF THE EXECUTIVE SESSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA THE SCHOOL'S WEBSITE AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt03010651
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IRS990/TotalAssetsGrp/EOYAmt03010651
IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalEmployeeCnt038
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0809969
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0927896
IRS990/TotalFunctionalExpensesGrp/TotalAmt01737865
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03558755
IRS990/TotalLiabilitiesEOYAmt02934211
IRS990/TotalLiabilitiesGrp/BOYAmt03558755
IRS990/TotalLiabilitiesGrp/EOYAmt02934211
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-213840
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt076440
IRS990/TotalProgramServiceExpensesAmt0927896
IRS990/TotalProgramServiceRevenueAmt01493417
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01493417
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02028145
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03344915
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03010651
IRS990/TravelGrp/ManagementAndGeneralAmt011243
IRS990/TravelGrp/TotalAmt011243
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.PAGOSAPEAKOPENSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EMILY MURPHY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXEC DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09707312003
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PAGOSA PEAK OPEN SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0PAGO
ReturnHeader/Filer/EIN0814785292
ReturnHeader/Filer/PhoneNum09707312003
ReturnHeader/Filer/USAddress/AddressLine1Txt03133 CORNERSTONE DRIVE
ReturnHeader/Filer/USAddress/CityNm0PAGOSA SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd081147
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PROSPECTIVE BUSINESS SOLUTIONS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt026 W DRY CREEK CIRCLE SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LITTLETON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080120
ReturnHeader/PreparerPersonGrp/PhoneNum07202176601
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ULI KEELEY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-17T11:28:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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