Civic Intelligence

Ascent Classical Academy Charter Schools Inc.

990 • Fiscal year 2023 • EIN 82-3791408

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 03, 2024

Organization Profilewww.ascentcolorado.org
4690 Table Mountain DrGolden, CO 80403

(720) 336-0140

Siviq Scores

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

Liabilities / Assets

66th percentile

0.35x

Higher debt load relative to assets than 66% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

37th percentile

0.14x

Higher debt load relative to revenue than 37% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

64th percentile

11%

Higher net margin than 64% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

52nd percentile

6.8%

Faster asset growth than 52% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

78th percentile

27%

Faster revenue growth than 78% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$7,690,520

Up $491,273 (+6.8%) from 2022

Net Assets

Up

$4,995,612

Up $2,024,812 (+68%) from 2022

Liabilities

Down

$2,694,908

Down $1,533,539 (-36%) from 2022

Revenue And Expenses
Liabilities / Revenue37th percentileNet Margin64th percentile

Revenue

Up

$18,782,096

Up $4,001,081 (+27%) from 2022

Expenses

Up

$16,757,284

Up $3,798,546 (+29%) from 2022

Net Income

Up

$2,024,812

Up $202,535 (+11%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$100M$50M$0-$50MAssets 2018: $118,338Liabilities 2018: $124,234Net Assets 2018: -$5,8962018Assets 2019: $335,288Liabilities 2019: $496,992Net Assets 2019: -$161,7042019Assets 2020: $1,118,093Liabilities 2020: $820,297Net Assets 2020: $297,7962020Assets 2021: $1,923,848Liabilities 2021: $775,325Net Assets 2021: $1,148,5232021Assets 2022: $7,199,247Liabilities 2022: $4,228,447Net Assets 2022: $2,970,8002022Assets 2023: $7,690,520Liabilities 2023: $2,694,908Net Assets 2023: $4,995,6122023Assets 2024: $84,628,076Liabilities 2024: $81,720,553Net Assets 2024: $2,907,5232024

Highlighted filing

2023

Assets$7,690,520
Liabilities$2,694,908
Net Assets$4,995,612
Open 2023 Filing

Operations Trend

Revenue Growth78th percentile

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

$60M$40M$20M$0-$20MRevenue 2018: $157,598Expenses 2018: $163,494Net Income 2018: -$5,8962018Revenue 2019: $3,437,369Expenses 2019: $3,593,211Net Income 2019: -$155,8422019Revenue 2020: $5,644,786Expenses 2020: $5,185,286Net Income 2020: $459,5002020Revenue 2021: $8,954,893Expenses 2021: $8,069,166Net Income 2021: $885,7272021Revenue 2022: $14,781,015Expenses 2022: $12,958,738Net Income 2022: $1,822,2772022Revenue 2023: $18,782,096Expenses 2023: $16,757,284Net Income 2023: $2,024,8122023Revenue 2024: $41,541,745Expenses 2024: $43,629,834Net Income 2024: -$2,088,0892024

Highlighted filing

2023

Revenue$18,782,096
Expenses$16,757,284
Net Income$2,024,812
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 3, 2024
Return Version
2022v5.0
Gross Receipts
$18,851,504
Mission and Program Overview

Mission

Ascent Classical Academy of Douglas County was established to develop within its students the intellectual and personal habits and skills upon which responsible, independent and productive lives are built, in the firm belief that such lives are the basis of a free society.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,736,120$4,088,153▲ $352,033
Savings and Temporary Cash Investments-$1,606,416-
Pledges and Grants Receivable$925,551$1,018,187▲ $92,636
Land, Buildings, and Equipment, Net$2,182,763$659,670▼ $1,523,093
Accounts Receivable$234,819$279,588▲ $44,769
Prepaid Expenses and Deferred Charges$94,994$13,506▼ $81,488
Total Assets$7,199,247$7,690,520▲ $491,273
Other Assets Total$25,000$25,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$1,747,729$2,513,749▲ $766,020
Unsecured Notes Loans Payable$2,323,757$107,530▼ $2,216,227
Deferred Revenue$156,961$73,629▼ $83,332
Total Liabilities$4,228,447$2,694,908▼ $1,533,539
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,427,100$4,324,212▲ $1,897,112
Net Assets With Donor Restrictions$543,700$671,400▲ $127,700
Total Net Assets Fund Balance$2,970,800$4,995,612▲ $2,024,812
Total Liabilities and Net Assets / Fund Balance$7,199,247$7,690,520▲ $491,273

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$368,841$84,074$452,915
Equipment$290,829$132,732$423,561
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Rob WilliamsPresident
Stephen GilmartinVice President
Rick GillanDirector
Steve PeckDirector
Derec ShulerExecutive Director
Allen FullerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,129,034
Program Service Revenue
$14,683,911
Investment Income
$6,459
Other Revenue
$-37,308
All Other Contributions
$242,250
Change in Net Assets
$2,024,812

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,851,504
Revenue Not Reported on Financial Statements
$-69,408
Revenue Not Reported on Form 990
$68,677
Other Revenue Adjustments
$-69,408
Total Revenue per Audited Statements
$18,920,181
Total Revenue per Form 990
$18,782,096
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,757,284
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$1,604,999$178,333-$1,783,332
All Other Expenses$1,141,461$126,829-$1,268,290
Occupancy$796,968$88,552-$885,520
Other Expenses$515,461$64,247-$515,461
Fees for Services Legal-$193,580-$193,580
Travel$117,869$13,097-$130,966
Depreciation Depletion$54,159$6,018-$60,177
Information Technology$20,994$2,333-$23,327
Advertising$15,257$1,695-$16,952
Total Functional Expenses$14,958,879$1,798,405$0$16,757,284

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$17,553,788
Expenses per Audited Statements$16,826,692
Total Expenses per Form 990$16,757,284
Expenses Not Reported on Form 990$727,096
Expenses Not Reported on Financial Statements$-69,408
Other Expense Adjustments$-69,408
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$69,408
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Beneficium Aeternum$81,845-$2,352-
In Vino Chartias$56,676-$5,814-
Total Events$201,160-$69,408$-69,408
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“On October 17, 2017, the School entered into a Management Agreement (Agreement) with Ascent Classical Academies (Ascent), a non-profit Colorado corporation. The Agreement continues until termination or expiration of the charter contract. Substantially all functions of the School have been contracted to Ascent. Ascent is responsible and accountable to the School's Board of Directors for the administration, operation and performance of the School in accordance with the School's contract with District to operate the School. The School pays Ascent monthly fees ranging from 10% to 12% of qualified gross revenues received by the School, net of any required withholding, for services performed at locations that are in operation..”

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

“Copies of the Form 990 are provided to board members for approval before filing.”

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

“Copies of the Form 990 are provided to board members for approval before filing.”

Form 990, Part VI, Section B, line 15

“Periodic reviews are conducted to verify that any compensation arrangements are reasonable and that partnerships, joint ventures, and other arrangements, conform to school policies.”

Form 990, Part VI, Section C, line 19

“In accordance with state law, the school posts its governing board documents and financial statements on its public website.”

Filing and Contact Details

Filer

Filer Name
Ascent Classical Academy
EIN
82-3791408
Phone
7203360140
Address
4690 Table Mountain Dr, Golden, CO 80403

Signing Officer

Name
Rob Williams
Title
Board Chair
Phone
7205318775
Signed
2024-04-03
Discuss with paid preparer
No

Organization Details

Principal Officer
Rob Williams
Formed
2017
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
75

Preparer

Firm
Hoelting & Company Inc
Address
31 East Platte Avenue Suite 300, Colorado Springs, CO 80903
Preparer
Thomas G Sistare
Phone
7196301091
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 - Description of Organization'S Misson:

“Ascent Classical Academies trains the minds and improves the hearts of young people through a classical content-rich education in the liberal arts and sciences, with instruction in the principles of moral character and civic virtue in an orderly and disciplined environment.”

Form 990, Part XII, Line 2C:

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

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

“Building Corp Contribution Income 100. Building Corp Interest Income 68,577.”

Part XI, Line 4B - Other Adjustments:

“Fundraising Event Expenses -69,408.”

Part XII, Line 2D - Other Adjustments:

“Building Corp Supporting Services 21,302. Building Corp Interest Expense 705,794.”

Part XII, Line 4B - Other Adjustments:

“Fundraising Event Expenses -69,408.”

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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt014781015
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02024812
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt014716011
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01606416
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0368841
IRS990ScheduleD/BuildingsGrp/DepreciationAmt084074
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0452915
IRS990ScheduleD/EquipmentGrp/BookValueAmt0290829
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0132732
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0423561
IRS990ScheduleD/ExpensesNotReportedAmt0727096
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-69408
IRS990ScheduleD/ExpensesSubtotalAmt016826692
IRS990ScheduleD/OtherExpensesIncludedAmt0727096
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-69408
IRS990ScheduleD/OtherRevenueAmt068677
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-69408
IRS990ScheduleD/RevenueNotReportedAmt068677
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-69408
IRS990ScheduleD/RevenueSubtotalAmt018851504
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Building Corp Contribution Income 100. Building Corp Interest Income 68,577.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Fundraising Event Expenses -69,408.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Building Corp Supporting Services 21,302. Building Corp Interest Expense 705,794.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Fundraising Event Expenses -69,408.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0659670
IRS990ScheduleD/TotalExpensesPerForm990Amt016757284
IRS990ScheduleD/TotalRevenuePerForm990Amt018782096
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt018920181
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt017553788
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/ExplanationTxt0The policy is included in our Family Handbook fully accessible on our public website, as well as on our "Apply Now" webpage for prospective families seeking information about, or applying for, admission.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The School relies on per pupil revenue and other revenue that is distributed by the Colorado Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0201160
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt056676
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt081845
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt062639
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt069408
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt013133
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt013133
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0In Vino Chartias
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Beneficium Aeternum
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt010585
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt012694
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt06346
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt029625
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt056676
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt081845
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt062639
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0201160
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-69408
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01584
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09750
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05814
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02352
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt02005
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt08287
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt06608
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt016900
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Ascent Classical Academies trains the minds and improves the hearts of young people through a classical content-rich education in the liberal arts and sciences, with instruction in the principles of moral character and civic virtue in an orderly and disciplined environment.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1On October 17, 2017, the School entered into a Management Agreement (Agreement) with Ascent Classical Academies (Ascent), a non-profit Colorado corporation. The Agreement continues until termination or expiration of the charter contract. Substantially all functions of the School have been contracted to Ascent. Ascent is responsible and accountable to the School's Board of Directors for the administration, operation and performance of the School in accordance with the School's contract with District to operate the School. The School pays Ascent monthly fees ranging from 10% to 12% of qualified gross revenues received by the School, net of any required withholding, for services performed at locations that are in operation..
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Copies of the Form 990 are provided to board members for approval before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Copies of the Form 990 are provided to board members for approval before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Periodic reviews are conducted to verify that any compensation arrangements are reasonable and that partnerships, joint ventures, and other arrangements, conform to school policies.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5In accordance with state law, the school posts its governing board documents and financial statements on its public website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The finance committee oversees audit services and the selection of independent auditors. This has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1 - Description of Organization's Misson:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Ascent Classical Academy Charter Schools Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Ascent Classical Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Classical Education Growth Fund
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0863943208
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1884384220
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Provide support to Ascent Classical Academy Charter Schools, Inc.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Provide educational facilities to Ascent Classical Academy Charter Schools
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04690 Table Mountain Dr Suite 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt14690 Table Mountain Dr Suite 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Golden
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Golden
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd080403
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd180403
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,690,520
Liabilities
$2,694,908
Net assets
$4,995,612
Revenue
$18,782,096
Expenses
$16,757,284
Net income
$2,024,812
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$84.6$81.7$2.91$41.5$43.6$2.09
2023Detailed filing. Detailed filing data is available for this year.$7.69$2.69$5.00$18.8$16.8$2.02
2022Detailed filing. Detailed filing data is available for this year.$7.20$4.23$2.97$14.8$13.0$1.82
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.78$1.15$8.95$8.07$0.89
2020Detailed filing. Detailed filing data is available for this year.$1.12$0.82$0.30$5.64$5.19$0.46
2019Detailed filing. Detailed filing data is available for this year.$0.34$0.50$0.16$3.44$3.59$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.01$0.16$0.16$0.01