Garden School, operating under the name Liberty Classical Academy, is located in New Castle, CO. The organization was established in 2004. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 07/2022, Liberty Classical Academy employed 54 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Liberty Classical Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2022, Liberty Classical Academy generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.2% each year . All expenses for the organization totaled $613.3k during the year ending 07/2022. While expenses have increased by 17.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GARDEN SCHOOL PROVIDES A CLASSICAL EDUCATION FOR STUDENTS FROM PRESCHOOL THROUGH 12TH GRADE. THE SCHOOL TEACHES READING, WRITING, HISTORY, FOREIGN LANGUAGES, DRAMA, MUSIC, MATH, AND SCIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED A CLASSICAL EDUCATION FOR PRESCHOOL THROUGH 12TH GRADE STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Terrasa Meraz Treasurer | OfficerTrustee | 4 | $0 |
Deric Walter President | OfficerTrustee | 4 | $0 |
Rose Starr Secretary | OfficerTrustee | 4 | $0 |
Jonathon Mollman Board Member | Trustee | 2 | $0 |
Chad Paulson Board Member | Trustee | 2 | $0 |
Kevin Dye Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $5,000 |
All other contributions, gifts, grants, and similar amounts not included above | $601,642 |
Noncash contributions included in lines 1a–1f | $545,557 |
Total Revenue from Contributions, Gifts, Grants & Similar | $606,642 |
Total Program Service Revenue | $531,028 |
Investment income | $25 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$3,857 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$2,646 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,140,002 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $36,478 |
Compensation of current officers, directors, key employees. | $18,239 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $285,840 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $28,017 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,006 |
Office expenses | $8,371 |
Information technology | $2,692 |
Royalties | $0 |
Occupancy | $57,173 |
Travel | $109 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $17,275 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $22,083 |
Insurance | $17,046 |
All other expenses | $47,400 |
Total functional expenses | $613,257 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $56,469 |
Savings and temporary cash investments | $169,275 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $7,729 |
Net Land, buildings, and equipment | $2,373,911 |
Investments—publicly traded securities | $100,557 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $7,663 |
Other assets | $155 |
Total assets | $2,715,759 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,590,760 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $36,921 |
Total liabilities | $1,627,681 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $7,920 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $1,080,158 |
Total liabilities and net assets/fund balances | $2,715,759 |
Over the last fiscal year, we have identified 1 grants that Garden School has recieved totaling $226.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $226 |
Organization Name | Assets | Revenue |
---|---|---|
Leman Academy Of Excellence Inc Tucson, AZ | $127,912,652 | $38,356,100 |
Valor Christian Schools Highlands Ranch, CO | $100,135,509 | $35,639,062 |
Graland Country Day Denver, CO | $34,468,964 | $24,500,410 |
Ramah Navajo School Board Inc Pine Hill, NM | $44,102,049 | $26,881,100 |
Peak To Peak Charter Schools Inc Lafayette, CO | $45,135,822 | $22,203,170 |
Association Of Christian Schools International Colorado Springs, CO | $18,742,731 | $17,834,465 |
Horizon Community Learning Center Inc Phoenix, AZ | $18,558,731 | $15,800,218 |
Cheyenne Mountain Charter Academy Colorado Springs, CO | $6,874,430 | $14,641,481 |
Gilbert Christian Schools Inc Gilbert, AZ | $7,847,673 | $15,216,131 |
Heritage Academy Inc Mesa, AZ | $18,363,649 | $13,455,385 |
Kingman Academy Of Learning Kingman, AZ | $18,472,423 | $13,887,291 |
Legacy Traditional School-Queen Creek Chandler, AZ | $20,023,143 | $11,762,909 |