Civic Intelligence

Catch a Star Academy

990 • Fiscal year 2024 • EIN 87-2798513

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 15, 2024

PO Box 1359Fraser, CO 80442

(714) 376-5699

Siviq Scores

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

Liabilities / Assets

85th percentile

0.24x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.13x

Higher debt load relative to revenue than 84% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

53rd percentile

4.8%

Higher net margin than 53% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

62nd percentile

8.8%

Faster asset growth than 62% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

18%

Faster revenue growth than 66% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$176,104

Up $14,175 (+8.8%) from 2023

Net Assets

Up

$133,657

Up $15,290 (+13%) from 2023

Liabilities

Down

$42,447

Down $1,115 (-2.6%) from 2023

Revenue

Up

$321,000

Up $48,000 (+18%) from 2023

Expenses

Up

$305,710

Up $47,844 (+19%) from 2023

Net Income

Up

$15,290

Up $156 (+1.0%) from 2023

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2022: $143,233Liabilities 2022: $40,000Net Assets 2022: $103,2332022Assets 2023: $161,929Liabilities 2023: $43,562Net Assets 2023: $118,3672023Assets 2024: $176,104Liabilities 2024: $42,447Net Assets 2024: $133,6572024Assets 2025: $128,578Liabilities 2025: $43,246Net Assets 2025: $85,3322025

Highlighted filing

2024

Assets$176,104
Liabilities$42,447
Net Assets$133,657

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2022: $180,100Expenses 2022: $76,867Net Income 2022: $103,2332022Revenue 2023: $273,000Expenses 2023: $257,866Net Income 2023: $15,1342023Revenue 2024: $321,000Expenses 2024: $305,710Net Income 2024: $15,2902024Revenue 2025: $214,650Expenses 2025: $262,975Net Income 2025: -$48,3252025

Highlighted filing

2024

Revenue$321,000
Expenses$305,710
Net Income$15,290
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$321,000
Mission and Program Overview

Mission

The School's mission is to give Colorados children a supportive space to master the foundations of elementary education, preparing them for lifelong learning and a bright future.

The Schools mission is to give Colorados children a supportive space to master the foundations of elementary education preparing them for lifelong learning and a bright future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$115,577$94,917▼ $20,660
Cash and Non-Interest-Bearing Accounts$38,952$70,317▲ $31,365
Loans From Officers Directors$40,000$40,000→ $0
Prepaid Expenses and Deferred Charges$7,400$10,870▲ $3,470
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Total Assets$161,929$176,104▲ $14,175
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$3,562$2,447▼ $1,115
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$43,562$42,447▼ $1,115
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$118,367$133,657▲ $15,290
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$118,367$133,657▲ $15,290
Total Liabilities and Net Assets / Fund Balance$161,929$176,104▲ $14,175

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$54,895$21,845$76,740
Equipment$31,952$13,646$45,598
Other Land Buildings$8,070$3,019$11,089
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elizabeth WrightPresident
Madeleine AtkinsonVice President
Deborah GoethalsDirector
Javon BrameDirector
Molly EssmeierTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$321,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$321,000
Change in Net Assets
$15,290
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$223,357
Other Expenses$82,353
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$199,072$0$0$199,072
Occupancy$29,993$0$0$29,993
Depreciation Depletion$20,660$0$0$20,660
Payroll Taxes$17,141$0$0$17,141
Office Expenses$0$8,899$0$8,899
Pension Plan Contributions$3,800$0$0$3,800
Other Employee Benefits$3,344$0$0$3,344
Information Technology$1,189$0$0$1,189
Conferences and Meetings$955$0$0$955
Fees for Services Accounting$0$950$0$950
Other Expenses$879$0$0$879
Insurance$419$458$0$877
Fees for Services Legal$0$803$0$803
All Other Expenses$122$229$0$351
Fees for Services Other$207$0$0$207
Total Functional Expenses$294,371$11,339$0$305,710
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
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
Loans from Officers, Directors, Trustees, and Key Employees$40,000$40,000→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 2

Elizabeth Wright and Madeleine Atkinson are sisters.

Part VI, Line 11B

A copy of this Form 990 was distributed to all members of the organizations governing body who were asked to review provide comments and ask any questions regarding the filing. Comments were provided and questions were asked and answered by email and phone calls and all members of the governing body approved the final Form 990.

Part VI, Line 12C

The organizations Board of Directors adopted a formal written conflict of interest policy during the fiscal year covered by this Form 990. At the Boards most recent annual meeting the Board reviewed and discussed relationships disclosed by the directors and determined that none gave rise to a conflict of interest.

Part VI, Line 19

The public may request copies of the organizations governing documents conflict of interest policy and financial statements in writing by email to [email protected] or by mail to Catch a Star Academy P.O. Box 1359 Fraser CO 80442 Attn: Madeleine Atkinson.

Filing and Contact Details

Filer

Filer Name
Catch A Star Academy
EIN
87-2798513
In Care Of
% Elizabeth Wright
Phone
7143765699
Address
PO Box 1359, Fraser, CO 80442

Signing Officer

Name
Madeleine Atkinson
Title
Vice President
Signed
2024-11-15

Organization Details

Principal Officer
Elizabeth Wright
Formed
2021
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
3
Employees
4
Volunteers
5
Supplemental Narrative

Additional Explanations

Part III Line 4

| Explanation:| 4a. Catch a Star Academy is an independent micro school created specifically for elementary students who are struggling in their studies. We are focused on helping children build a solid foundation in the fundamental skills of reading writing and math so they are prepared with the knowledge and the confidence needed to succeed in middle school and beyond. To ensure students get the attention they need we offer a low student-teacher ratio and individualized learning tailored to each students needs. We have developed a unique learning program that incorporates highly effective and proven teaching methods together with experiential learning to enable students to make great gains academically socially and emotionally. We are committed to providing a high-quality education for children from all socioeconomic and cultural backgrounds. The communities in close proximity to our school have large minority populations and a substantial portion of the students in these communities qualify for the free or reduced-price lunch program. To provide these students with a high-quality education we are currently enrolling all students tuition-free as most of our target families do not have the ability to pay. During the fiscal year covered by this Form 990 we operated our second school year. We served a total of eight students during the 2023-2024 school year including three students who continued with us for a second year and five new students. Throughout our second school year we made improvements in our curriculum and instructional model based on learnings from our first year. Our unique approach allows us to meet our students at their individual levels to ensure they develop the foundational skills they are missing which are critical for future academic success. All of our students made significant growth in the core academic areas of reading writing and mathematics by the end of the school year. While our primary focus is on ensuring that our students develop these foundational skills our students also gained significant knowledge in social studies science and a variety of other subjects through project-based and experiential learning. We continue to enhance to our learning program as we gain additional experience in serving our target students which we believe will lead to continued success in carrying out our mission.

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