Civic Intelligence

Knowledge Quest Academy

990 • Fiscal year 2024 • EIN 84-1559556

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 11, 2024

Organization Profilewww.kqatrailblazers.org
705 S School House driveMilliken, CO 80543

(970) 587-5742

Siviq Scores

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

Liabilities / Assets

88th percentile

0.81x

Higher debt load relative to assets than 88% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

1.66x

Higher debt load relative to revenue than 87% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

49th percentile

3.8%

Higher net margin than 49% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

45th percentile

$171,189

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

76th percentile

15%

Faster asset growth than 76% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

72nd percentile

22%

Faster revenue growth than 72% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$11,917,485

Up $1,584,545 (+15%) from 2023

Net Assets

Up

$2,211,541

Up $649,967 (+42%) from 2023

Liabilities

Up

$9,705,944

Up $934,578 (+11%) from 2023

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin49th percentile

Revenue

Up

$5,842,129

Up $1,070,927 (+22%) from 2023

Expenses

Down

$5,621,876

Down $16,082 (-0.3%) from 2023

Net Income

Up

$220,253

Up $1,087,009 (+125%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $5,705,452Liabilities 2011: $5,550,000Net Assets 2011: $155,4522011Assets 2012: $5,426,827Liabilities 2012: $5,465,000Net Assets 2012: -$38,1732012Assets 2013: $5,246,890Liabilities 2013: $5,375,000Net Assets 2013: -$128,1102013Assets 2014: $5,380,335Liabilities 2014: $5,280,000Net Assets 2014: $100,3352014Assets 2015: $5,699,062Liabilities 2015: $5,175,000Net Assets 2015: $524,0622015Assets 2016: $5,609,447Liabilities 2016: $4,715,000Net Assets 2016: $894,4472016Assets 2017: $6,184,427Liabilities 2017: $4,715,000Net Assets 2017: $1,469,4272017Assets 2018: $6,530,098Liabilities 2018: $4,540,000Net Assets 2018: $1,990,0982018Assets 2019: $6,835,603Liabilities 2019: $4,360,000Net Assets 2019: $2,475,6032019Assets 2020: $7,249,329Liabilities 2020: $4,360,461Net Assets 2020: $2,888,8682020Assets 2021: $9,297,285Liabilities 2021: $10,347,966Net Assets 2021: -$1,050,6812021Assets 2022: $10,649,189Liabilities 2022: $9,152,163Net Assets 2022: $1,497,0262022Assets 2023: $10,332,940Liabilities 2023: $8,771,366Net Assets 2023: $1,561,5742023Assets 2024: $11,917,485Liabilities 2024: $9,705,944Net Assets 2024: $2,211,5412024Assets 2025: $11,155,225Liabilities 2025: $9,037,026Net Assets 2025: $2,118,1992025

Highlighted filing

2024

Assets$11,917,485
Liabilities$9,705,944
Net Assets$2,211,541
Open 2024 Filing

Operations Trend

Revenue Growth72nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,939,4912011Expenses 2012: $2,884,5862012Revenue 2013: $2,248,626Expenses 2013: $2,338,563Net Income 2013: -$89,9372013Revenue 2014: $2,702,904Expenses 2014: $2,474,459Net Income 2014: $228,4452014Revenue 2015: $3,269,415Expenses 2015: $2,845,688Net Income 2015: $423,7272015Revenue 2016: $3,528,947Expenses 2016: $3,158,562Net Income 2016: $370,3852016Revenue 2017: $2,967,475Expenses 2017: $2,392,495Net Income 2017: $574,9802017Revenue 2018: $3,172,366Expenses 2018: $2,651,695Net Income 2018: $520,6712018Revenue 2019: $3,366,181Expenses 2019: $2,880,676Net Income 2019: $485,5052019Revenue 2020: $3,579,353Expenses 2020: $3,180,717Net Income 2020: $398,6362020Revenue 2021: $4,071,950Expenses 2021: $3,330,388Net Income 2021: $741,5622021Revenue 2022: $5,829,416Expenses 2022: $4,303,239Net Income 2022: $1,526,1772022Revenue 2023: $4,771,202Expenses 2023: $5,637,958Net Income 2023: -$866,7562023Revenue 2024: $5,842,129Expenses 2024: $5,621,876Net Income 2024: $220,2532024Revenue 2025: $5,911,124Expenses 2025: $5,961,024Net Income 2025: -$49,9002025

Highlighted filing

2024

Revenue$5,842,129
Expenses$5,621,876
Net Income$220,253
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 11, 2024
Return Version
2023v6.0
Gross Receipts
$5,842,129
Mission and Program Overview

Mission

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 394 students.

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 400 students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,030,332$6,164,453▲ $134,121
Savings and Temporary Cash Investments-$2,991,195-
Cash and Non-Interest-Bearing Accounts$3,203,306$598,923▼ $2,604,383
Prepaid Expenses and Deferred Charges$325$58,869▲ $58,544
Accounts Receivable$121,361$13,016▼ $108,345
Total Assets$10,332,940$11,917,485▲ $1,584,545
Other Assets Total$977,616$2,091,029▲ $1,113,413
Liabilities
Other Liabilities$4,941,641$5,989,063▲ $1,047,422
Mortgage Notes Payable Secured by Investment Property$3,551,128$3,322,148▼ $228,980
Accounts Payable and Accrued Expenses$265,694$387,269▲ $121,575
Deferred Revenue$12,903$7,464▼ $5,439
Total Liabilities$8,771,366$9,705,944▲ $934,578
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,561,574$2,211,541▲ $649,967
Total Net Assets Fund Balance$1,561,574$2,211,541▲ $649,967
Total Liabilities and Net Assets / Fund Balance$10,332,940$11,917,485▲ $1,584,545

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,425,412$1,856,082-
Other Land Buildings$257,987--
Land$260,000--
Leasehold Improvements$221,054$117,455-
Other Assets Org$18,385--
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda SpreitzerPrincipalFT$132,047$39,142$171,189

Board Members and Trustees

NameTitle
Chester GemaehlichPresident
Tish ThompsonVice President
Sara GeorgeDirector
Carl McCutchenSecretary
Samantha HiseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$271,939
Program Service Revenue
$5,012,163
Investment Income
$151,520
Other Revenue
$406,507
Change in Net Assets
$220,253

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,842,129
Total Revenue per Audited Statements
$5,842,129
Total Revenue per Form 990
$5,842,129
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,568,403
Other Expenses$2,053,473
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,352,033$0$0$2,352,033
Pension Plan Contributions$503,335$28,258$0$531,593
Other Employee Benefits$507,742$8,969$0$516,711
Occupancy$494,915$0$0$494,915
Payments to Affiliates$381,708$0$0$381,708
Current Officers, Directors, Trustees, and Key Employees$0$132,047$0$132,047
Interest$115,281$0$0$115,281
All Other Expenses$74,352$0$0$74,352
Information Technology$46,762$0$0$46,762
Fees for Services Accounting$0$41,415$0$41,415
Payroll Taxes$34,104$1,915$0$36,019
Other Expenses$30,919$0$0$30,919
Insurance$14,366$13,103$0$27,469
Conferences and Meetings$4,053$0$0$4,053
Total Functional Expenses$5,396,169$225,707$0$5,621,876

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,621,876
Total Expenses per Audited Statements$5,621,876
Total Expenses per Form 990$5,621,876
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 Liability$5,803,206
Net OPEB Liability$141,768
Deferred Inflows - OPEB$44,089
Deferred Inflows - Pension$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Knowledge Quest Academy
EIN
84-1559556
Phone
9705875742
Address
705 S School House drive, Milliken, CO 80543

Signing Officer

Name
Chester A Gemaehlich
Title
President
Phone
9705875742
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Spreitzer
Formed
2000
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
83
Volunteers
50

Preparer

Firm
Bart Skidmore CPA
Address
726 Geneva St, Aurora, CO 80010
Preparer
Bart A Skidmore CPA Inc
Phone
3033651696
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Copies of Form 990 were distributed to Board Members for review via email prior to filing.”

Pt VI, Line 12C

“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.”

Pt VI, Line 15A

“Compensation for officers and key employees was determined by the Board of Directors and documented in the meeting minutes of the executive session.”

Pt VI, Line 15B

“Compensation for officers and key employees was determined by the Board of Directors and documented in the meeting minutes of the executive session.”

Pt VI, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public via its website and upon request.”

Pt XI

“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 $65,991.”

Pt XI

“Line 9. Changes to fixed assets, capital additions, depreciation, loan principal payments and accrued interest increased Net Assets by $363,723.”

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IRS990/OtherRevenueMiscGrp/Desc0Trf to Gen Fnd Revenue - School
IRS990/OtherRevenueMiscGrp/Desc1Oil/Gas Lease Revenue - Bldg Fund
IRS990/OtherRevenueMiscGrp/Desc2Lease Revenue - Bldg Fund
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt038735
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt124789
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2342983
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt038735
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt124789
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2342983
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt0406507
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02352033
IRS990/OtherSalariesAndWagesGrp/TotalAmt02352033
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0381708
IRS990/PaymentsToAffiliatesGrp/TotalAmt0381708
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01915
IRS990/PayrollTaxesGrp/ProgramServicesAmt034104
IRS990/PayrollTaxesGrp/TotalAmt036019
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt028258
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0503335
IRS990/PensionPlanContributionsGrp/TotalAmt0531593
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0325
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt058869
IRS990/PrincipalOfficerNm0Linda Spreitzer
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/BusinessCd4611600
IRS990/ProgramServiceRevenueGrp/Desc0Per Pupil Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Mil Levy Revenue
IRS990/ProgramServiceRevenueGrp/Desc2Student Fees/Other/Misc
IRS990/ProgramServiceRevenueGrp/Desc3Student activities
IRS990/ProgramServiceRevenueGrp/Desc4Insurance Proceeds
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04107831
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1454942
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt221043
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt335522
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4392825
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0384348
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt085531
IRS990/PYOtherExpensesAmt02588941
IRS990/PYOtherRevenueAmt0199492
IRS990/PYProgramServiceRevenueAmt04101831
IRS990/PYRevenuesLessExpensesAmt0-866756
IRS990/PYSalariesCompEmpBnftPaidAmt03049017
IRS990/PYTotalExpensesAmt05637958
IRS990/PYTotalRevenueAmt04771202
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0220253
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05842129
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02991195
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt05425412
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01856082
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt07281494
IRS990ScheduleD/ExpensesSubtotalAmt05621876
IRS990ScheduleD/LandGrp/BookValueAmt0260000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0260000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0221054
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0117455
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0338509
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02072644
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt118385
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows - Pension
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred Outflows - OPEB
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0257987
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0257987
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05803206
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1141768
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt20
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt344089
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net OPEB Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred Inflows - Pension
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred Inflows - OPEB
IRS990ScheduleD/RevenueSubtotalAmt05842129
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06164453
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02091029
IRS990ScheduleD/TotalExpensesPerForm990Amt05621876
IRS990ScheduleD/TotalLiabilityAmt05989063
IRS990ScheduleD/TotalRevenuePerForm990Amt05842129
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05842129
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05621876
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The school receives the bulk of its funding from the State of Colorado and is required to follow all state laws regarding education.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The school receives the bulk of its funding from the State of Colorado and is required to follow all state laws regarding education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Copies of Form 990 were distributed to Board Members for review via email prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Prospective Board Members are screened for potential conflicts of interest prior to appointment. Board Members are required to disclose conflicts of interest during Board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation for officers and key employees was determined by the Board of Directors and documented in the meeting minutes of the executive session.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation for officers and key employees was determined by the Board of Directors and documented in the meeting minutes of the executive session.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes its governing documents, conflict of interest policy, and financial statements available to the public via its website and upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Line 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 $65,991.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Line 9. Changes to fixed assets, capital additions, depreciation, loan principal payments and accrued interest increased Net Assets by $363,723.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,917,485
Liabilities
$9,705,944
Net assets
$2,211,541
Revenue
$5,842,129
Expenses
$5,621,876
Net income
$220,253
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$9.04$2.12$5.91$5.96$0.05
2024Detailed filing. Detailed filing data is available for this year.$11.9$9.71$2.21$5.84$5.62$0.22
2023Summary only. Only limited summary data is available for this year.$10.3$8.77$1.56$4.77$5.64$0.87
2022Summary only. Only limited summary data is available for this year.$10.6$9.15$1.50$5.83$4.30$1.53
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.30$10.3$1.05$4.07$3.33$0.74
2020Summary only. Only limited summary data is available for this year.$7.25$4.36$2.89$3.58$3.18$0.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.84$4.36$2.48$3.37$2.88$0.49
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.53$4.54$1.99$3.17$2.65$0.52
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.18$4.72$1.47$2.97$2.39$0.57
2016Detailed filing. Detailed filing data is available for this year.$5.61$4.72$0.89$3.53$3.16$0.37
2015Detailed filing. Detailed filing data is available for this year.$5.70$5.18$0.52$3.27$2.85$0.42
2014Summary only. Only limited summary data is available for this year.$5.38$5.28$0.10$2.70$2.47$0.23
2013Summary only. Only limited summary data is available for this year.$5.25$5.38$0.13$2.25$2.34$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.43$5.47$0.04$2.88
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.71$5.55$0.16$2.94