Civic Intelligence

Empower Community High School

990 • Fiscal year 2022 • EIN 83-1283419

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 15, 2022

450 South Chambers RoadAurora, CO 80017

(720) 621-5094

Siviq Scores

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

Liabilities / Assets

96th percentile

1.26x

Higher debt load relative to assets than 96% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

1.86x

Higher debt load relative to revenue than 92% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

16th percentile

-17%

Higher net margin than 16% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

71st percentile

$104,665

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

87th percentile

44%

Faster asset growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

50th percentile

5.5%

Faster revenue growth than 50% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$4,750,365

Up $1,458,638 (+44%) from 2021

Net Assets

Down

-$1,250,891

Down $533,086 (-74%) from 2021

Liabilities

Up

$6,001,256

Up $1,991,724 (+50%) from 2021

Revenue

Up

$3,226,667

Up $167,941 (+5.5%) from 2021

Expenses

Up

$3,759,753

Up $288,542 (+8.3%) from 2021

Net Income

Down

-$533,086

Down $120,601 (-29%) from 2021

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2019: $751,842Liabilities 2019: $751,413Net Assets 2019: $4292019Assets 2020: $3,627,928Liabilities 2020: $3,933,248Net Assets 2020: -$305,3202020Assets 2021: $3,291,727Liabilities 2021: $4,009,532Net Assets 2021: -$717,8052021Assets 2022: $4,750,365Liabilities 2022: $6,001,256Net Assets 2022: -$1,250,8912022Assets 2023: $3,695,784Liabilities 2023: $6,322,244Net Assets 2023: -$2,626,4602023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2022

Assets$4,750,365
Liabilities$6,001,256
Net Assets-$1,250,891

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $479,936Expenses 2019: $479,507Net Income 2019: $4292019Revenue 2020: $3,045,759Expenses 2020: $3,351,508Net Income 2020: -$305,7492020Revenue 2021: $3,058,726Expenses 2021: $3,471,211Net Income 2021: -$412,4852021Revenue 2022: $3,226,667Expenses 2022: $3,759,753Net Income 2022: -$533,0862022Revenue 2023: $3,324,185Expenses 2023: $4,699,754Net Income 2023: -$1,375,5692023Revenue 2024: $2,775,158Expenses 2024: $148,698Net Income 2024: $2,626,4602024

Highlighted filing

2022

Revenue$3,226,667
Expenses$3,759,753
Net Income-$533,086
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$3,226,667
Mission and Program Overview

Mission

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$109,033$2,603,511▲ $2,494,478
Cash and Non-Interest-Bearing Accounts$341,966$355,047▲ $13,081
Accounts Receivable$290,831$104,541▼ $186,290
Prepaid Expenses and Deferred Charges$40,621$50,636▲ $10,015
Total Assets$3,291,727$4,750,365▲ $1,458,638
Other Assets Total$2,509,276$1,636,630▼ $872,646
Liabilities
Other Liabilities$3,788,000$3,384,627▼ $403,373
Unsecured Notes Loans Payable-$2,584,918-
Accounts Payable and Accrued Expenses$146,532$17,524▼ $129,008
Deferred Revenue$75,000$14,187▼ $60,813
Total Liabilities$4,009,532$6,001,256▲ $1,991,724
Net Assets / Fund Balance
Net Assets With Donor Restrictions$47,000$66,000▲ $19,000
Net Assets Without Donor Restrictions$-764,805$-1,316,891▼ $552,086
Total Net Assets Fund Balance$-717,805$-1,250,891▼ $533,086
Total Liabilities and Net Assets / Fund Balance$3,291,727$4,750,365▲ $1,458,638

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,549,226$283,198$2,832,424
Equipment$54,285$34,170$88,455
Other Assets Org$47,476--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wisdom AmouzouExecutive DirectorFT$85,774$18,891$104,665

Board Members and Trustees

NameTitle
Michael KerchivalPresident
Jeff CasimirVice-President
Darren SmithBoard Member
Fernando BranchBoard Member
Kat LingBoard Member
Steven BartholomewBoard Member
Jennifer DouglasSecretary
Sudhanshu MalaniTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
G&G ConsultingFinancial Consulting2696 S Colorado Blvd STE 380, Denver, CO 80222$104,258
Revenue and Support

Revenue Composition

Contributions and Grants
$1,059,718
Program Service Revenue
$2,091,486
Investment Income
$130
Other Revenue
$75,333
All Other Contributions
$908,870
Change in Net Assets
$-533,086

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,226,667
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,226,667
Total Revenue per Form 990
$3,226,667
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,955,445
Salaries, Compensation, and Employee Benefits$1,804,308
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$779,726$86,636-$866,362
Pension Plan Contributions$607,925$86,671-$694,596
Occupancy$287,761$50,781-$338,542
Depreciation Depletion$253,985$44,821-$298,806
Interest$116,077$20,484-$136,561
Current Officers, Directors, Trustees, and Key Employees$80,308$35,977-$116,285
Other Employee Benefits$70,438$10,042-$80,480
Payroll Taxes$40,772$5,813-$46,585
Advertising$30,813$5,438-$36,251
All Other Expenses$23,702$4,181-$27,883
Fees for Services Other$21,360$6,480-$27,840
Insurance$21,349$3,768-$25,117
Other Expenses$15,437$2,724-$18,161
Office Expenses$10,027$1,770-$11,797
Fees for Services Accounting-$8,400-$8,400
Travel$6,501$1,147-$7,648
Fees for Services Legal-$4,705-$4,705
Total Functional Expenses$3,240,396$519,357$0$3,759,753

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,759,753
Total Expenses per Audited Statements$3,759,753
Total Expenses per Form 990$3,759,753
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$2,348,086
Deferred Inflows of Resources$922,940
Net OPEB Liability$113,601
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 8B

There are no committees with authority to act on behalf of the board.

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

Copies of the Form 990 are provided to a representative of the board for approval before filing.

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

Members of the governing board are required to disclose any conflict of interest prior to any vote by the board involving a company or employee that the board member would have a conflict of interest.

Form 990, Part VI, Section B, line 15A

The executive director's performance and compensation is reviewed annually by the personnel committee.

Form 990, Part VI, Section C, line 18

Documents are available upon request.

Form 990, Part VI, Section C, line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Empower Community High School
EIN
83-1283419
Phone
7206215094
Address
450 South Chambers Road, Aurora, CO 80017

Signing Officer

Name
Eric Rowe
Title
Executive Director
Phone
7206215094
Signed
2022-11-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Eric Rowe
Formed
2018
Legal Domicile
Co
Voting Board Members
8
Independent Board Members
8
Employees
39
Volunteers
10

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

The mission of Empower Community High School is founded and sustained by an education program that provides authentic real-world work. This work will be informed by community needs and led by students. Students claim ownership of their academic progress by designing and personalizing standards-based educational experiences in order to fulfill a genuine need in the community.

Form 990, Part III, Line 1

The mission of Empower Community High School is founded and sustained by an education program that provides authentic real-world work. This work will be informed by community needs and led by students. Students claim ownership of their academic progress by designing and personalizing standards-based educational experiences in order to fulfill a genuine need in the community.

Form 990, Part XII, Line 2C

The board of directors oversees audit services and selection of independent auditors. This has not changed from the prior year.

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IRS990/Form990PartVIISectionAGrp/PersonNm8Wisdom Amouzou
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IRS990/OtherRevenueTotalAmt075333
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt086636
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0779726
IRS990/OtherSalariesAndWagesGrp/TotalAmt0866362
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05813
IRS990/PayrollTaxesGrp/ProgramServicesAmt040772
IRS990/PayrollTaxesGrp/TotalAmt046585
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt086671
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0607925
IRS990/PensionPlanContributionsGrp/TotalAmt0694596
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt040621
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050636
IRS990/PrincipalOfficerNm0Eric Rowe
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/Desc0Per Pupil Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Mill Levy Override
IRS990/ProgramServiceRevenueGrp/Desc2Other Program Services
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01639621
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1445834
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26031
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01639621
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1445834
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26031
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01566311
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt011
IRS990/PYOtherExpensesAmt01872767
IRS990/PYOtherRevenueAmt08147
IRS990/PYProgramServiceRevenueAmt01484257
IRS990/PYRevenuesLessExpensesAmt0-412485
IRS990/PYSalariesCompEmpBnftPaidAmt01598444
IRS990/PYTotalExpensesAmt03471211
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03058726
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-533086
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02166819
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/BookValueAmt02549226
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0283198
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02832424
IRS990ScheduleD/EquipmentGrp/BookValueAmt054285
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034170
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt088455
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03759753
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01589154
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt147476
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows of Resources
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0922940
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1113601
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22348086
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Inflows of Resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net OPEB Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net Pension Liabilities
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03226667
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02603511
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01636630
IRS990ScheduleD/TotalExpensesPerForm990Amt03759753
IRS990ScheduleD/TotalLiabilityAmt03384627
IRS990ScheduleD/TotalRevenuePerForm990Amt03226667
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03226667
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03759753
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 nondiscriminatory policy is publicized on the school's website through their employee handbook to make it known to all parts of the general community it serves.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The School receives per pupil funding and grant funding from the Colorado Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The mission of Empower Community High School is founded and sustained by an education program that provides authentic real-world work. This work will be informed by community needs and led by students. Students claim ownership of their academic progress by designing and personalizing standards-based educational experiences in order to fulfill a genuine need in the community.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The mission of Empower Community High School is founded and sustained by an education program that provides authentic real-world work. This work will be informed by community needs and led by students. Students claim ownership of their academic progress by designing and personalizing standards-based educational experiences in order to fulfill a genuine need in the community.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2There are no committees with authority to act on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Copies of the Form 990 are provided to a representative of the board for approval before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Members of the governing board are required to disclose any conflict of interest prior to any vote by the board involving a company or employee that the board member would have a conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The executive director's performance and compensation is reviewed annually by the personnel committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The board of directors 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 A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XII, Line 2c
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03291727
IRS990/TotalAssetsEOYAmt04750365
IRS990/TotalAssetsGrp/BOYAmt03291727

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