Pt VI, Line 11B
“Copies of Form 990 were distributed to Board Members for review via email prior to filing.”
990 • Fiscal year 2022 • EIN 84-1559556
Scores are not available for this record yet.
Assets
Flat$10,649,189
Flat from 2022
Net Assets
Flat$1,497,026
Flat from 2022
Liabilities
Flat$9,152,163
Flat from 2022
Revenue
Flat$5,829,416
Flat from 2022
Expenses
Flat$4,303,239
Flat from 2022
Net Income
Flat$1,526,177
Flat from 2022
Knowledge Quest Academy provides instruction on a broad variety of topics using the proven, content-rich Core Knowledge educational program, along with emphasis on a code of ethics. Small class sizes allow students to receive individual attention. All who are associated with the school are able to contribute: Parents are encouraged to volunteer their time, teachers continue their professional development, and students show academic improvement through regular assessments.
Knowledge Quest Academy is a K-8 charter school that uses the Core Knowledge educational program, with emphasis on a code of ethics. Class sizes are small and enrollment is approximately 410 students.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $4,090,609 | $4,964,836 | ▲ $874,227 |
| Cash and Non-Interest-Bearing Accounts | $3,581,660 | $3,987,191 | ▲ $405,531 |
| Accounts Receivable | $658 | $808,008 | ▲ $807,350 |
| Pledges and Grants Receivable | $64,608 | $24,000 | ▼ $40,608 |
| Prepaid Expenses and Deferred Charges | - | $494 | - |
| Total Assets | $9,297,285 | $10,649,189 | ▲ $1,351,904 |
| Other Assets Total | $1,559,750 | $864,660 | ▼ $695,090 |
| Liabilities | |||
| Other Liabilities | $6,151,400 | $4,471,517 | ▼ $1,679,883 |
| Mortgage Notes Payable Secured by Investment Property | $3,985,000 | $3,773,500 | ▼ $211,500 |
| Accounts Payable and Accrued Expenses | $207,479 | $880,993 | ▲ $673,514 |
| Deferred Revenue | $4,087 | $26,153 | ▲ $22,066 |
| Total Liabilities | $10,347,966 | $9,152,163 | ▼ $1,195,803 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-1,050,681 | $1,497,026 | ▲ $2,547,707 |
| Total Net Assets Fund Balance | $-1,050,681 | $1,497,026 | ▲ $2,547,707 |
| Total Liabilities and Net Assets / Fund Balance | $9,297,285 | $10,649,189 | ▲ $1,351,904 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $3,665,319 | $1,589,464 | - |
| Other Land Buildings | $978,824 | - | - |
| Land | $260,000 | - | - |
| Equipment | $60,693 | $142,098 | - |
| Other Assets Org | $22,510 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Linda Spreitzer | Principal | FT | $101,811 | $33,339 | $135,150 |
| Name | Title |
|---|---|
| Tauna Esslinger | Chairperson |
| Gabe Thexton | Co-chairperson |
| Carl Mccutchen | Director |
| Elizabeth Dechant | Director |
| Tish Thompson | Director |
| Sheree Baker | Secretary |
| Chester Gemaehlich | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $2,672,820 |
| Other Expenses | $1,630,419 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,537,132 | $251,923 | $0 | $1,789,055 |
| Occupancy | $0 | $464,019 | $0 | $464,019 |
| Pension Plan Contributions | $352,428 | $81,099 | $0 | $433,527 |
| Other Employee Benefits | $260,981 | $60,029 | $0 | $321,010 |
| Interest | $0 | $187,351 | $0 | $187,351 |
| Fees for Services Other | $63,004 | $101,195 | $0 | $164,199 |
| Depreciation Depletion | $0 | $114,584 | $0 | $114,584 |
| Current Officers, Directors, Trustees, and Key Employees | $0 | $101,811 | $0 | $101,811 |
| Insurance | $0 | $91,059 | $0 | $91,059 |
| Fees for Services Accounting | $0 | $35,261 | $0 | $35,261 |
| Information Technology | $0 | $33,230 | $0 | $33,230 |
| Payroll Taxes | $22,288 | $5,129 | $0 | $27,417 |
| Other Expenses | $22,753 | $0 | $0 | $22,753 |
| Conferences and Meetings | $0 | $6,580 | $0 | $6,580 |
| All Other Expenses | $0 | $4,920 | $0 | $4,920 |
| Travel | $0 | $2,375 | $0 | $2,375 |
| Total Functional Expenses | $2,529,257 | $1,773,982 | $0 | $4,303,239 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $4,303,239 |
| Total Expenses per Audited Statements | $4,303,239 |
| Total Expenses per Form 990 | $4,303,239 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Net Pension Liability | $3,099,147 |
| Deferred Inflows - Pension Related | $1,165,187 |
| Net OPEB Liability | $153,102 |
| Deferred Inflows - OPEB Related | $54,081 |
“Copies of Form 990 were distributed to Board Members for review via email prior to filing.”
“Prospective Board Members are screened for potential conflicts of interest prior to appointment. Board Members are required to disclose conflicts of interest during Board meetings.”
“Compensation for officers and key employees was determined by the Board of Directors and documented in the meeting minutes of the executive session.”
“Compensation for officers and key employees was determined by the Board of Directors and documented in the meeting minutes of the executive session.”
“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public via its website and upon request.”
“Line 9. Changes during the year to Deferred Outflows of Resources, Liabilities, and Deferred Inflows of Resources related to pensions and post-employment benefits other than pensions (OPEB) resulted in an increase in Net Assets. The changes increased Net Assets by $1,021,530.”
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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|---|---|---|
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| IRS990/OtherRevenueTotalAmt | 0 | 452930 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 251923 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1537132 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1789055 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 5129 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 22288 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 27417 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 81099 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 352428 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 433527 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 64608 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 24000 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 494 |
| IRS990/PrincipalOfficerNm | 0 | Linda Spreitzer |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611600 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611600 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 611600 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 611600 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Per Pupil Revenue |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Mil Levy Revenue |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Student Fees |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | Student activities |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 2 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 3 | 0 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 3470729 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 477477 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 1459 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 24700 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 2 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 3 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 463868 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 267 |
| IRS990/PYOtherExpensesAmt | 0 | 912083 |
| IRS990/PYOtherRevenueAmt | 0 | 67371 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 3540444 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 741562 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 2418305 |
| IRS990/PYTotalExpensesAmt | 0 | 3330388 |
| IRS990/PYTotalRevenueAmt | 0 | 4071950 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1526177 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RelatedOrganizationsAmt | 0 | 1000000 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 5829416 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 3665319 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1589464 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 5254783 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 60693 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 142098 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 202791 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 4303239 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 260000 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 260000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 842150 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 22510 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Deferred Loss on Refunding |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | Deferred Outflows - Pension Related |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | Deferred Outflows - OPEB Related |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 978824 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 978824 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 3099147 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 153102 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 1165187 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 54081 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Net Pension Liability |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Net OPEB Liability |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Deferred Inflows - Pension Related |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | Deferred Inflows - OPEB Related |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 5829416 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 4964836 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 864660 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 4303239 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 4471517 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 5829416 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 5829416 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 4303239 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | true |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.