Civic Intelligence

Fund for the New School Boulder Country Day School

990 • Fiscal year 2017 • EIN 84-1096643

Aug 01, 2016 to Jul 31, 2017 • Filed on Jun 14, 2018

4820 Nautilus Court NorthBoulder, CO 80301

(303) 527-4931

Siviq Scores

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

Liabilities / Assets

80th percentile

0.64x

Higher debt load relative to assets than 80% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

1.16x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

64th percentile

8.1%

Higher net margin than 64% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

73rd percentile

$259,550

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

51st percentile

4.7%

Faster asset growth than 51% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

52nd percentile

5.3%

Faster revenue growth than 52% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$12,752,362

Up $577,964 (+4.7%) from 2016

Net Assets

Up

$4,560,499

Up $571,468 (+14%) from 2016

Liabilities

Up

$8,191,863

Up $6,496 (+0.1%) from 2016

Revenue

Up

$7,036,936

Up $356,164 (+5.3%) from 2016

Expenses

Up

$6,465,468

Up $576,497 (+9.8%) from 2016

Net Income

Down

$571,468

Down $220,333 (-28%) from 2016

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $10,827,473Liabilities 2011: $8,984,045Net Assets 2011: $1,843,4282011Assets 2012: $10,773,683Liabilities 2012: $8,885,878Net Assets 2012: $1,887,8052012Assets 2013: $10,805,033Liabilities 2013: $8,594,492Net Assets 2013: $2,210,5412013Assets 2014: $10,789,415Liabilities 2014: $8,215,768Net Assets 2014: $2,573,6472014Assets 2015: $11,741,608Liabilities 2015: $8,552,116Net Assets 2015: $3,189,4922015Assets 2016: $12,174,398Liabilities 2016: $8,185,367Net Assets 2016: $3,989,0312016Assets 2017: $12,752,362Liabilities 2017: $8,191,863Net Assets 2017: $4,560,4992017Assets 2018: $13,373,572Liabilities 2018: $8,280,257Net Assets 2018: $5,093,3152018Assets 2019: $14,496,067Liabilities 2019: $8,713,203Net Assets 2019: $5,782,8642019Assets 2020: $16,137,560Liabilities 2020: $8,485,271Net Assets 2020: $7,652,2892020Assets 2021: $19,069,337Liabilities 2021: $10,432,138Net Assets 2021: $8,637,1992021Assets 2022: $22,341,356Liabilities 2022: $10,553,094Net Assets 2022: $11,788,2622022Assets 2023: $25,692,179Liabilities 2023: $11,047,702Net Assets 2023: $14,644,4772023Assets 2024: $30,552,287Liabilities 2024: $14,618,885Net Assets 2024: $15,933,4022024Assets 2025: $29,152,432Liabilities 2025: $14,666,794Net Assets 2025: $14,485,6382025

Highlighted filing

2017

Assets$12,752,362
Liabilities$8,191,863
Net Assets$4,560,499

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,650,328Expenses 2011: $4,313,096Net Income 2011: $337,2322011Revenue 2012: $4,974,802Expenses 2012: $4,933,266Net Income 2012: $41,5362012Revenue 2013: $5,249,674Expenses 2013: $4,891,656Net Income 2013: $358,0182013Revenue 2014: $5,490,072Expenses 2014: $5,137,358Net Income 2014: $352,7142014Revenue 2015: $6,109,410Expenses 2015: $5,493,565Net Income 2015: $615,8452015Revenue 2016: $6,680,772Expenses 2016: $5,888,971Net Income 2016: $791,8012016Revenue 2017: $7,036,936Expenses 2017: $6,465,468Net Income 2017: $571,4682017Revenue 2018: $7,144,889Expenses 2018: $6,694,642Net Income 2018: $450,2472018Revenue 2019: $7,787,244Expenses 2019: $7,144,973Net Income 2019: $642,2712019Revenue 2020: $9,432,517Expenses 2020: $7,782,920Net Income 2020: $1,649,5972020Revenue 2021: $8,708,718Expenses 2021: $8,375,659Net Income 2021: $333,0592021Revenue 2022: $11,531,077Expenses 2022: $7,614,409Net Income 2022: $3,916,6682022Revenue 2023: $11,054,498Expenses 2023: $8,764,254Net Income 2023: $2,290,2442023Revenue 2024: $11,152,397Expenses 2024: $10,467,355Net Income 2024: $685,0422024Revenue 2025: $10,013,093Expenses 2025: $11,988,167Net Income 2025: -$1,975,0742025

Highlighted filing

2017

Revenue$7,036,936
Expenses$6,465,468
Net Income$571,468
Jump To
Filing Snapshot
Filing Period
Aug 1, 2016 to Jul 31, 2017
Signed
Jun 14, 2018
Return Version
2016v3.0
Gross Receipts
$7,110,105
Mission and Program Overview

Mission

Boulder country day school provides a well-rounded education of academic excellence and character development in a safe environment, empowering our students to reach their full potential as lifelong learners and responsible, globally aware citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,425,790$5,343,550▼ $82,240
Investments in Publicly Traded Securities$2,939,140$3,564,170▲ $625,030
Savings and Temporary Cash Investments$1,944,223$1,897,844▼ $46,379
Accounts Receivable$1,439,196$1,503,882▲ $64,686
Cash and Non-Interest-Bearing Accounts$215,652$209,065▼ $6,587
Prepaid Expenses and Deferred Charges$139,428$165,853▲ $26,425
Pledges and Grants Receivable$5,000$67,998▲ $62,998
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$12,174,398$12,752,362▲ $577,964
Other Assets Total$65,969$0▼ $65,969
Liabilities
Deferred Revenue$5,127,186$5,445,176▲ $317,990
Mortgage Notes Payable Secured by Investment Property$2,607,630$2,345,797▼ $261,833
Accounts Payable and Accrued Expenses$204,650$262,210▲ $57,560
Other Liabilities$245,901$138,680▼ $107,221
Total Liabilities$8,185,367$8,191,863▲ $6,496
Net Assets / Fund Balance
Unrestricted Net Assets$3,963,962$4,502,891▲ $538,929
Temporarily Rstr Net Assets$25,069$57,608▲ $32,539
Total Net Assets Fund Balance$3,989,031$4,560,499▲ $571,468
Total Liabilities and Net Assets / Fund Balance$12,174,398$12,752,362▲ $577,964

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,340,027$1,905,366$4,245,393
Leasehold Improvements$1,780,841$820,078$2,600,919
Equipment$387,592$859,112$1,246,704
Land$791,347-$791,347
Other Land Buildings$43,743-$43,743
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John H Suitor IIIHead of SchoolFT$190,000$69,550$259,550
Ann Marie TeweyCFOFT$125,582$14,421$140,003

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$333,009
Program Service Revenue
$6,231,591
Investment Income
$250,637
Other Revenue
$221,699
All Other Contributions
$333,009
Change in Net Assets
$571,468

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,350,403
Revenue Not Reported on Financial Statements
$686,533
Other Revenue Adjustments
$686,533
Total Revenue per Audited Statements
$6,350,403
Total Revenue per Form 990
$7,036,936
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,450,820
Other Expenses$1,362,167
Grants and Similar Amounts Paid$652,481
Total Fundraising Expense$124,699
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,326,280$806,985$83,895$3,217,160
Grants to Domestic Individuals$652,481--$652,481
Other Employee Benefits$347,107$246,911$17,979$611,997
Current Officers, Directors, Trustees, and Key Employees-$354,523-$354,523
Depreciation Depletion$166,080$158,183-$324,263
Payroll Taxes$173,991$86,874$6,275$267,140
Occupancy$226,957$27,606-$254,563
Interest$92,401$12,600-$105,001
Advertising-$89,515-$89,515
All Other Expenses$13,884$53,207$16,550$83,641
Information Technology$14,851$57,418-$72,269
Insurance$34,597$4,718-$39,315
Other Expenses$28,283$3,857-$32,140
Fees for Services Accounting-$10,930-$10,930
Fees for Services Other-$3,959-$3,959
Total Functional Expenses$4,311,733$2,029,036$124,699$6,465,468

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,465,468
Total Expenses per Form 990$6,465,468
Total Expenses per Audited Statements$5,778,935
Expenses Not Reported on Form 990$-686,533
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$182,519
Fundraising Direct Expenses$73,169
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$182,519$182,519$39,283$143,236
Total Events$182,519$182,519$73,169$109,350
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Rate Swap$138,680
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Board will review and approve the tax return as part of its final review process.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

A conflict of interest form must be filled out at the beginning of the year at the first board meeting by any board member who has a potential conflict of interest. The people with potential conflicts are asked to leave the room and the Board discusses whether the conflict is such that this person should not be on the Board or when they need to recuse themselves from a meeting or vote.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

National and local comparative salaries are obtained on-line from the National Association of Independent Schools (NAIS) and the Association of Colorado Independent Schools (ACIS). We use ACIS and NAIS to help us make salary decisions across the whole school. We have a salary ban chart for our full-time faculty which was built using ACIS and NAIS data and is built to take into account years of experience and education.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request, except for financials which are presented in the annual report and on the charities and solicitation section of the licensing division for the state of Colorado.

Filing and Contact Details

Filer

Filer Name
Fund For The New School
EIN
84-1096643
Phone
3035274931
Address
4820 Nautilus Court North, Boulder, CO 80301

Signing Officer

Name
Ann Marie Tewey
Title
CFO
Signed
2018-06-14
Discuss with paid preparer
Yes

Organization Details

Formed
1988
Legal Domicile
Co
Voting Board Members
16
Independent Board Members
16
Employees
105
Volunteers
150

Preparer

Firm
Hinkle & Company Pc
Address
5028 East 101st St, Tulsa, OK 74137
Preparer
Kolton D Taylor CPA
Phone
9184923388
Supplemental Narrative

Financial Statement Notes

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

Gain on interest swap rate $107221 Fundraising expenses $-73169 Grants & Assistance netted to Revenue $652481

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IRS990/Form990PartVIISectionAGrp/PersonNm17Ann Marie Tewey
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16HOS
IRS990/Form990PartVIISectionAGrp/TitleTxt17CFO
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IRS990/InsuranceGrp/ManagementAndGeneralAmt04718
IRS990/InsuranceGrp/ProgramServicesAmt034597
IRS990/InsuranceGrp/TotalAmt039315
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Boulder Country Day School provides a well-rounded education of academic excellence and character development in a safe environment, empowering our students to reach their full potential as lifelong learners and responsible, globally aware citizens.
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02345797
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0816
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IRS990/OccupancyGrp/ProgramServicesAmt0226957
IRS990/OccupancyGrp/TotalAmt0254563
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IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt065969
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt017979
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0246911
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0347107
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0611997
IRS990/OtherExpensesGrp/Desc0Classroom Supplies
IRS990/OtherExpensesGrp/Desc1All other expenses
IRS990/OtherExpensesGrp/Desc2Training
IRS990/OtherExpensesGrp/Desc3Loan Fees
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18871
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23857
IRS990/OtherExpensesGrp/ProgramServicesAmt0160236
IRS990/OtherExpensesGrp/ProgramServicesAmt18395
IRS990/OtherExpensesGrp/ProgramServicesAmt266190
IRS990/OtherExpensesGrp/ProgramServicesAmt328283
IRS990/OtherExpensesGrp/TotalAmt0160236
IRS990/OtherExpensesGrp/TotalAmt1111274
IRS990/OtherExpensesGrp/TotalAmt275061
IRS990/OtherExpensesGrp/TotalAmt332140
IRS990/OtherLiabilitiesGrp/BOYAmt0245901
IRS990/OtherLiabilitiesGrp/EOYAmt0138680
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14312
IRS990/OtherRevenueTotalAmt0111533
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt083895
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0806985
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02326280
IRS990/OtherSalariesAndWagesGrp/TotalAmt03217160
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt06275
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt086874
IRS990/PayrollTaxesGrp/ProgramServicesAmt0173991
IRS990/PayrollTaxesGrp/TotalAmt0267140
IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt067998
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0139428
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0165853
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06231591
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IRS990/PYContributionsGrantsAmt0539389
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0543359
IRS990/PYInvestmentIncomeAmt0120237
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01319090
IRS990/PYOtherRevenueAmt021225
IRS990/PYProgramServiceRevenueAmt05999921
IRS990/PYRevenuesLessExpensesAmt0791801
IRS990/PYSalariesCompEmpBnftPaidAmt04026522

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$29.2$14.7$14.5$10.0$12.0$1.98
2024Detailed filing. Detailed filing data is available for this year.$30.6$14.6$15.9$11.2$10.5$0.69
2023Detailed filing. Detailed filing data is available for this year.$25.7$11.0$14.6$11.1$8.76$2.29
2022Detailed filing. Detailed filing data is available for this year.$22.3$10.6$11.8$11.5$7.61$3.92
2021Detailed filing. Detailed filing data is available for this year.$19.1$10.4$8.64$8.71$8.38$0.33
2020Detailed filing. Detailed filing data is available for this year.$16.1$8.49$7.65$9.43$7.78$1.65
2019Detailed filing. Detailed filing data is available for this year.$14.5$8.71$5.78$7.79$7.14$0.64
2018Detailed filing. Detailed filing data is available for this year.$13.4$8.28$5.09$7.14$6.69$0.45
2017Detailed filing. Detailed filing data is available for this year.$12.8$8.19$4.56$7.04$6.47$0.57
2016Summary only. Only limited summary data is available for this year.$12.2$8.19$3.99$6.68$5.89$0.79
2015Detailed filing. Detailed filing data is available for this year.$11.7$8.55$3.19$6.11$5.49$0.62
2014Summary only. Only limited summary data is available for this year.$10.8$8.22$2.57$5.49$5.14$0.35
2013Summary only. Only limited summary data is available for this year.$10.8$8.59$2.21$5.25$4.89$0.36
2012Summary only. Only limited summary data is available for this year.$10.8$8.89$1.89$4.97$4.93$0.04
2011Summary only. Only limited summary data is available for this year.$10.8$8.98$1.84$4.65$4.31$0.34