Civic Intelligence

Greenshade Schools Inc

EIN 84-0753662 • 501(c)3 • Colorado Springs, CO

Profile

Preschool and education for children 4-12

1019 West Cheyenne RoadColorado Springs, CO 80906

n/A

Siviq Scores

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

Liabilities / Assets

85th percentile

0.28x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

83rd percentile

0.10x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

36th percentile

-5.1%

Higher net margin than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

94th percentile

$50,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 15.6% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

33rd percentile

-18%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$113,919

Down $24,875 (-18%) from 2024

Liabilities

Down

$32,409

Down $8,639 (-21%) from 2024

Net Assets

Down

$81,510

Down $16,236 (-17%) from 2024

Revenue

Up

$319,996

Up $45,826 (+17%) from 2024

Expenses

Up

$336,232

Up $30,840 (+10%) from 2024

Net Income

Up

-$16,236

Up $14,986 (+48%) from 2024

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2010: $134,571Liabilities 2010: $91,500Net Assets 2010: $43,0712010Assets 2011: $127,003Liabilities 2011: $90,786Net Assets 2011: $36,2172011Assets 2012: $120,537Liabilities 2012: $87,391Net Assets 2012: $33,1462012Assets 2013: $114,822Liabilities 2013: $106,399Net Assets 2013: $8,4232013Assets 2014: $115,175Liabilities 2014: $110,958Net Assets 2014: $4,2172014Assets 2015: $104,081Liabilities 2015: $100,315Net Assets 2015: $3,7662015Assets 2016: $113,853Liabilities 2016: $94,640Net Assets 2016: $19,2132016Assets 2017: $121,511Liabilities 2017: $83,338Net Assets 2017: $38,1732017Assets 2018: $98,704Liabilities 2018: $86,722Net Assets 2018: $11,9822018Assets 2019: $126,889Liabilities 2019: $103,979Net Assets 2019: $22,9102019Assets 2020: $149,835Liabilities 2020: $150,917Net Assets 2020: -$1,0822020Assets 2021: $89,106Liabilities 2021: $64,540Net Assets 2021: $24,5662021Assets 2022: $114,336Liabilities 2022: $53,858Net Assets 2022: $60,4782022Assets 2023: $174,005Liabilities 2023: $45,037Net Assets 2023: $128,9682023Assets 2024: $138,794Liabilities 2024: $41,048Net Assets 2024: $97,7462024Assets 2025: $113,919Liabilities 2025: $32,409Net Assets 2025: $81,5102025

Highlighted filing

2025

Assets$113,919
Liabilities$32,409
Net Assets$81,510

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $569,023Expenses 2010: $586,631Net Income 2010: -$17,6082010Revenue 2011: $549,155Expenses 2011: $556,009Net Income 2011: -$6,8542011Revenue 2012: $565,581Expenses 2012: $568,652Net Income 2012: -$3,0712012Revenue 2013: $497,466Expenses 2013: $522,189Net Income 2013: -$24,7232013Revenue 2014: $488,909Expenses 2014: $493,115Net Income 2014: -$4,2062014Revenue 2015: $528,508Expenses 2015: $528,959Net Income 2015: -$4512015Revenue 2016: $582,739Expenses 2016: $567,292Net Income 2016: $15,4472016Revenue 2017: $614,530Expenses 2017: $595,570Net Income 2017: $18,9602017Revenue 2018: $552,714Expenses 2018: $578,905Net Income 2018: -$26,1912018Revenue 2019: $564,942Expenses 2019: $554,014Net Income 2019: $10,9282019Revenue 2020: $526,625Expenses 2020: $550,617Net Income 2020: -$23,9922020Revenue 2021: $394,691Expenses 2021: $369,043Net Income 2021: $25,6482021Revenue 2022: $402,737Expenses 2022: $366,825Net Income 2022: $35,9122022Revenue 2023: $388,412Expenses 2023: $319,921Net Income 2023: $68,4912023Revenue 2024: $274,170Expenses 2024: $305,392Net Income 2024: -$31,2222024Revenue 2025: $319,996Expenses 2025: $336,232Net Income 2025: -$16,2362025

Highlighted filing

2025

Revenue$319,996
Expenses$336,232
Net Income-$16,236

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.14$0.32$0.82$3.20$3.36$0.16
2024Detailed filing. Detailed filing data is available for this year.$1.39$0.41$0.98$2.74$3.05$0.31
2023Detailed filing. Detailed filing data is available for this year.$1.74$0.45$1.29$3.88$3.20$0.68
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.54$0.60$4.03$3.67$0.36
2021Detailed filing. Detailed filing data is available for this year.$0.89$0.65$0.25$3.95$3.69$0.26
2020Detailed filing. Detailed filing data is available for this year.$1.50$1.51$0.01$5.27$5.51$0.24
2019Summary only. Only limited summary data is available for this year.$1.27$1.04$0.23$5.65$5.54$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.99$0.87$0.12$5.53$5.79$0.26
2017Detailed filing. Detailed filing data is available for this year.$1.22$0.83$0.38$6.15$5.96$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.14$0.95$0.19$5.83$5.67$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.04$1.00$0.04$5.29$5.29$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.15$1.11$0.04$4.89$4.93$0.04
2013Summary only. Only limited summary data is available for this year.$1.15$1.06$0.08$4.97$5.22$0.25
2012Summary only. Only limited summary data is available for this year.$1.21$0.87$0.33$5.66$5.69$0.03
2011Summary only. Only limited summary data is available for this year.$1.27$0.91$0.36$5.49$5.56$0.07
2010Summary only. Only limited summary data is available for this year.$1.35$0.92$0.43$5.69$5.87$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2024 to Jul 31, 2025
Signed
Dec 9, 2025
Return Version
2024v5.2
Gross Receipts
$319,996
Mission and Program Overview

Mission

Preschool and education for children 4-12

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$69,055$66,102▼ $2,953
Cash and Non-Interest-Bearing Accounts$63,579$36,189▼ $27,390
Accounts Receivable$9$5,566▲ $5,557
Savings and Temporary Cash Investments$4,168$4,186▲ $18
Prepaid Expenses and Deferred Charges$1,982$1,875▼ $107
Investments in Publicly Traded Securities$1$1→ $0
Total Assets$138,794$113,919▼ $24,875
Liabilities
Mortgage Notes Payable Secured by Investment Property$32,435$25,098▼ $7,337
Accounts Payable and Accrued Expenses$7,812$7,028▼ $784
Deferred Revenue$801$283▼ $518
Total Liabilities$41,048$32,409▼ $8,639
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$97,746$81,510▼ $16,236
Total Net Assets Fund Balance$97,746$81,510▼ $16,236
Total Liabilities and Net Assets / Fund Balance$138,794$113,919▼ $24,875

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$38,344$294,927-
Other Land Buildings$0$42,563-
Land$27,758--
Equipment$0$90,543-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeanine BullisOperating DirectorFT$50,000$50,000

Board Members and Trustees

NameTitle
Amelia WalshPresident
Amy DerricksonVice President
Leanne KemperSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$317,312
Investment Income
$8
Other Revenue
$2,676
Change in Net Assets
$-16,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$206,164
Other Expenses$86,324
Grants and Similar Amounts Paid$43,744
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$140,025$0$0$140,025
Current Officers, Directors, Trustees, and Key Employees$16,667$33,333$0$50,000
Grants to Domestic Individuals$43,744--$43,744
All Other Expenses$21,105$5,321$0$26,426
Insurance$15,546$5,182$0$20,728
Payroll Taxes$14,525$1,614$0$16,139
Occupancy$10,925$3,642$0$14,567
Other Expenses$7,696$0$0$7,696
Fees for Services Accounting$0$3,601$0$3,601
Depreciation Depletion$2,953$0$0$2,953
Interest$0$2,123$0$2,123
Office Expenses$676$225$0$901
Fees for Services Legal$75$0$0$75
Total Functional Expenses$280,926$55,306$0$336,232
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Greenshade Schools Inc
EIN
84-0753662
Phone
7196322232
Address
1019 WEST CHEYENNE ROAD, COLORADO SPRINGS, CO 80906

Signing Officer

Name
Jeanine Bullis
Title
Operating Director
Phone
7196322232
Signed
2025-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeanine Bullis
Formed
1978
Legal Domicile
Co
Voting Board Members
3
Independent Board Members
3
Employees
10
Volunteers
0

Preparer

Firm
Nelson & Company PC
Address
116 South 8th Street, Colorado Springs, CO 80905
Preparer
Allison M Winkler
Phone
7194440222
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

All members have the right to vote on significant changes in governing documents of the organization

Pt VI, Line 7A

All members of the organization have the right to elect members of the governing body

Pt VI, Line 7B

All members of the organization have the right to approve or ratify decisions of the governing body

Pt VI, Line 8B

The organization committees do not have the authority to act on behalf of the governing body

Pt VI, Line 11B

The 990 draft is reviewed by the executive director

Pt VI, Line 19

The documents are available upon request

Raw XML AppendixShowing 400 of 406 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.

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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt16A YES-FINANCIAL ASSISTANCE RECEIVED FROM DEPARTMENT OF SOCIAL SERVICES
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS ARE IN THE FORM OF TUITION CREDITS SO THERE ARE NO GRANT FUNDS TO MONITOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MEMBERS HAVE THE RIGHT TO VOTE ON SIGNIFICANT CHANGES IN GOVERNING DOCUMENTS OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS OF THE ORGANIZATION HAVE THE RIGHT TO ELECT MEMBERS OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS OF THE ORGANIZATION HAVE THE RIGHT TO APPROVE OR RATIFY DECISIONS OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION COMMITTEES DO NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 990 DRAFT IS REVIEWED BY THE EXECUTIVE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE DOCUMENTS ARE AVAILABLE UPON REQUEST
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IRS990/USAddress/AddressLine1Txt01019 W CHEYENNE ROAD
IRS990/USAddress/CityNm0COLORADO SPRINGS
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080906
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEANINE BULLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OPERATING DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07196322232
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREENSHADE SCHOOLS INC
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0840753662
ReturnHeader/Filer/PhoneNum07196322232
ReturnHeader/Filer/USAddress/AddressLine1Txt01019 WEST CHEYENNE ROAD
ReturnHeader/Filer/USAddress/CityNm0COLORADO SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0841170445
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Nelson & Company PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0116 South 8th Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Colorado Springs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080905
ReturnHeader/PreparerPersonGrp/PhoneNum07194440222
ReturnHeader/PreparerPersonGrp/PreparationDt02025-12-09

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