Civic Intelligence

Cheyenne Mountain Charter Academy

990 • Fiscal year 2019 • EIN 84-1327061

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 30, 2020

1605 S Corona StreetColorado Springs, CO 80906

(719) 471-1999

Siviq Scores

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

Liabilities / Assets

55th percentile

0.25x

Higher debt load relative to assets than 55% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

23rd percentile

0.07x

Higher debt load relative to revenue than 23% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

30th percentile

-1.8%

Higher net margin than 30% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

43rd percentile

$156,618

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

13th percentile

-5.7%

Faster asset growth than 13% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

78th percentile

19%

Faster revenue growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$3,790,927

Down $227,269 (-5.7%) from 2018

Net Assets

Down

$2,833,838

Down $229,407 (-7.5%) from 2018

Liabilities

Up

$957,089

Up $2,138 (+0.2%) from 2018

Revenue

Up

$13,047,575

Up $2,073,599 (+19%) from 2018

Expenses

Up

$13,276,982

Up $2,355,378 (+22%) from 2018

Net Income

Down

-$229,407

Down $281,779 (-538%) from 2018

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $2,988,286Liabilities 2011: $371,794Net Assets 2011: $2,616,4922011Assets 2012: $3,623,461Liabilities 2012: $464,686Net Assets 2012: $3,158,7752012Assets 2013: $3,820,283Liabilities 2013: $753,354Net Assets 2013: $3,066,9292013Assets 2014: $3,910,176Liabilities 2014: $674,812Net Assets 2014: $3,235,3642014Assets 2015: $2,938,690Liabilities 2015: $1,110,231Net Assets 2015: $1,828,4592015Assets 2016: $3,559,982Liabilities 2016: $1,108,476Net Assets 2016: $2,451,5062016Assets 2017: $4,548,866Liabilities 2017: $1,537,993Net Assets 2017: $3,010,8732017Assets 2018: $4,018,196Liabilities 2018: $954,951Net Assets 2018: $3,063,2452018Assets 2019: $3,790,927Liabilities 2019: $957,089Net Assets 2019: $2,833,8382019Assets 2020: $6,529,815Liabilities 2020: $1,447,134Net Assets 2020: $5,082,6812020Assets 2021: $6,874,430Liabilities 2021: $968,823Net Assets 2021: $5,905,6072021Assets 2022: $8,836,450Liabilities 2022: $1,043,134Net Assets 2022: $7,793,3162022Assets 2023: $10,593,426Liabilities 2023: $1,314,985Net Assets 2023: $9,278,4412023Assets 2024: $12,365,315Liabilities 2024: $1,497,693Net Assets 2024: $10,867,6222024Assets 2025: $14,798,912Liabilities 2025: $1,475,652Net Assets 2025: $13,323,2602025

Highlighted filing

2019

Assets$3,790,927
Liabilities$957,089
Net Assets$2,833,838

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $5,244,806Expenses 2011: $4,874,263Net Income 2011: $370,5432011Expenses 2012: $4,980,8502012Expenses 2013: $5,565,6822013Revenue 2014: $9,209,927Expenses 2014: $9,041,492Net Income 2014: $168,4352014Revenue 2015: $9,272,652Expenses 2015: $10,679,557Net Income 2015: -$1,406,9052015Revenue 2016: $9,928,816Expenses 2016: $9,305,769Net Income 2016: $623,0472016Revenue 2017: $10,451,273Expenses 2017: $9,891,906Net Income 2017: $559,3672017Revenue 2018: $10,973,976Expenses 2018: $10,921,604Net Income 2018: $52,3722018Revenue 2019: $13,047,575Expenses 2019: $13,276,982Net Income 2019: -$229,4072019Revenue 2020: $15,507,478Expenses 2020: $13,258,635Net Income 2020: $2,248,8432020Revenue 2021: $14,641,481Expenses 2021: $13,881,849Net Income 2021: $759,6322021Revenue 2022: $17,418,429Expenses 2022: $15,530,720Net Income 2022: $1,887,7092022Revenue 2023: $18,257,617Expenses 2023: $16,772,492Net Income 2023: $1,485,1252023Revenue 2024: $20,333,939Expenses 2024: $18,744,758Net Income 2024: $1,589,1812024Revenue 2025: $21,435,820Expenses 2025: $18,980,182Net Income 2025: $2,455,6382025

Highlighted filing

2019

Revenue$13,047,575
Expenses$13,276,982
Net Income-$229,407
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 30, 2020
Return Version
2018v3.1
Gross Receipts
$13,047,575
Mission and Program Overview

Mission

Primary and secondary education.

Primary and secondary education

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,987,971$3,095,302▲ $1,107,331
Cash and Non-Interest-Bearing Accounts$1,333,927$501,952▼ $831,975
Accounts Receivable$683,628$176,142▼ $507,486
Inventories for Sale or Use$12,670$17,531▲ $4,861
Total Assets$4,018,196$3,790,927▼ $227,269
Liabilities
Accounts Payable and Accrued Expenses$778,590$903,749▲ $125,159
Deferred Revenue$176,361$53,340▼ $123,021
Total Liabilities$954,951$957,089▲ $2,138
Net Assets / Fund Balance
Unrestricted Net Assets$2,745,245$2,515,838▼ $229,407
Temporarily Rstr Net Assets$318,000$318,000→ $0
Total Net Assets Fund Balance$3,063,245$2,833,838▼ $229,407
Total Liabilities and Net Assets / Fund Balance$4,018,196$3,790,927▼ $227,269
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Colin T MullaneyExecutive DirectorFT$143,497$13,121$156,618
Jeff YocumOperations DirectorFT$112,200-$112,200

Board Members and Trustees

NameTitle
Dan GeoffroyBoard President
Matt HughesVice President
Reneee ChathamBoard Secretary
Bryan CampbellBoard Treasurer
Sperry ReddDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$11,714,606
Program Service Revenue
$529,000
Investment Income
$42,629
Other Revenue
$761,340
All Other Contributions
$47,941
Change in Net Assets
$-229,407

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,047,575
Total Revenue per Audited Statements
$13,047,575
Total Revenue per Form 990
$13,047,575
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,056,939
Other Expenses$4,220,043
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,795,272--$6,795,272
Occupancy$2,026,041--$2,026,041
Pension Plan Contributions$1,412,405--$1,412,405
Other Employee Benefits$753,954--$753,954
Office Expenses$206,806--$206,806
Information Technology$161,749--$161,749
Travel$136,158--$136,158
Fees for Services Other$113,091--$113,091
Payroll Taxes$95,308--$95,308
Advertising$79,894--$79,894
Insurance$60,868--$60,868
Fees for Services Legal$45,467--$45,467
Other Expenses$25,270--$25,270
All Other Expenses$18,365--$18,365
Fees for Services Accounting$7,500--$7,500
Total Functional Expenses$13,276,982$0$0$13,276,982

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,276,982
Total Expenses per Audited Statements$13,276,982
Total Expenses per Form 990$13,276,982
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Lend a Hand$36,595$36,595-$36,595
Silent Aucti$8,720$8,720-$8,720
Total Events$54,594$54,594-$54,594
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
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
No
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 governing body review Part VI line 11

Business director reviews form 990 and discusses any issues with the governing body prior to filing

Governing documents etc available to public Part VI line 19

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Cheyenne Mountain Charter Academy
EIN
84-1327061
Address
1605 S CORONA STREET, COLORADO SPRINGS, CO 80906
Doing Business As
The Vanguard School

Signing Officer

Name
Dan Geoffroy
Title
Board President
Phone
7194711999
Signed
2020-01-30
Discuss with paid preparer
No

Organization Details

Principal Officer
Dan Geoffroy
Formed
1995
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
341

Preparer

Firm
Mayberry & Company LLC
Address
8310 South Valley Highway Suite 300, Englewood, CO 80112
Preparer
Timothy P Mayberry
Phone
3039932199
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt013047575
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01987971
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03095302
IRS990ScheduleA/GovernmentalUnitInd0X
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/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt013276982
IRS990ScheduleD/RevenueSubtotalAmt013047575
IRS990ScheduleD/TotalExpensesPerForm990Amt013276982
IRS990ScheduleD/TotalRevenuePerForm990Amt013047575
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013047575
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013276982
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SILENT AUCTI
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0LEND A HAND
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt08720
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt036595
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt09279
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt054594
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt08720
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt036595
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt09279
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt054594
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt054594
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0143497
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount013121
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0COLIN T MULLANEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0156618
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BUSINESS DIRECTOR REVIEWS FORM 990 AND DISCUSSES ANY ISSUES WITH THE GOVERNING BODY PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CHEYENNE MTN CHTR ACAD FNDTN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0841437959
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FACILITIES FOR EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01605 S CORONA STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0COLORADO SPRINGS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd080906
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0true
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0318000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0318000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04018196
IRS990/TotalAssetsEOYAmt03790927
IRS990/TotalAssetsGrp/BOYAmt04018196
IRS990/TotalAssetsGrp/EOYAmt03790927
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt011714606
IRS990/TotalEmployeeCnt0341
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt013276982
IRS990/TotalFunctionalExpensesGrp/TotalAmt013276982
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0954951
IRS990/TotalLiabilitiesEOYAmt0957089
IRS990/TotalLiabilitiesGrp/BOYAmt0954951
IRS990/TotalLiabilitiesGrp/EOYAmt0957089
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03063245
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02833838
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt013276982
IRS990/TotalProgramServiceRevenueAmt0529000
IRS990/TotalReportableCompFromOrgAmt0268818
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01332969
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt013047575
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04018196
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03790927
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt0136158
IRS990/TravelGrp/TotalAmt0136158
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02745245
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02515838
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0THEVANGUARDSCHOOL.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$1.48$13.3$21.4$19.0$2.46
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$1.50$10.9$20.3$18.7$1.59
2023Summary only. Only limited summary data is available for this year.$10.6$1.31$9.28$18.3$16.8$1.49
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.84$1.04$7.79$17.4$15.5$1.89
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.87$0.97$5.91$14.6$13.9$0.76
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.53$1.45$5.08$15.5$13.3$2.25
2019Detailed filing. Detailed filing data is available for this year.$3.79$0.96$2.83$13.0$13.3$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.02$0.95$3.06$11.0$10.9$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.55$1.54$3.01$10.5$9.89$0.56
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.56$1.11$2.45$9.93$9.31$0.62
2015Detailed filing. Detailed filing data is available for this year.$2.94$1.11$1.83$9.27$10.7$1.41
2014Detailed filing. Detailed filing data is available for this year.$3.91$0.67$3.24$9.21$9.04$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.82$0.75$3.07$5.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.62$0.46$3.16$4.98
2011Summary only. Only limited summary data is available for this year.$2.99$0.37$2.62$5.24$4.87$0.37