Vertical Skills Academy
- Assets
- $369.4k
- Revenue
- $605.6k
- Investments
- $0.0
- Employees
- 11
- Location
- Evergreen, CO
- Founding
- 07/2014
- Data as of
- 06/2022
- EIN
- 46-5281578
Organization Overview
Vertical Skills Academy is located in Evergreen, CO. The organization was established in 2014. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2022, Vertical Skills Academy employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vertical Skills 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 06/2022, Vertical Skills Academy generated $605.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $523.7k during the year ending 06/2022. While expenses have increased by 2.1% per year over the past 7 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
VERTICAL SKILLS ACADEMY ENROLLED 24 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Griggs President | OfficerTrustee | 8 | $0 |
Lynn Peesel Vice President | OfficerTrustee | 4 | $0 |
Becky Kalahiki Treasurer | OfficerTrustee | 8 | $0 |
Mandy Harris Member At Large | Trustee | 2 | $0 |
Lindsay Mallow Member At Large | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,882 |
| Related organizations | $0 |
| Government grants | $57,975 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,389 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,246 |
| Total Program Service Revenue | $510,394 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $605,642 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $356,432 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,710 |
| Payroll taxes | $27,335 |
| Fees for services: Management | $14,364 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $812 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,366 |
| Advertising and promotion | $2,062 |
| Office expenses | $0 |
| Information technology | $8,640 |
| Royalties | $0 |
| Occupancy | $77,725 |
| Travel | $131 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $936 |
| Insurance | $4,610 |
| All other expenses | $8,477 |
| Total functional expenses | $523,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $352,945 |
| Savings and temporary cash investments | $14,299 |
| 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 | $1,500 |
| Net Land, buildings, and equipment | $660 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $369,404 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $52,865 |
| Total liabilities | $52,865 |
| Net assets without donor restrictions | $316,539 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $369,404 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vertical Skills Academy has recieved totaling $207.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $207 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oklahoma Skynet Inc Midwest City, OK | $2,705,940 | $22,911,561 |
Accel Phoenix, AZ | $21,659,622 | $16,834,387 |
Denver Academy Inc Denver, CO | $58,736,787 | $16,828,553 |
Wyoming Child & Family Developement Inc Guernsey, WY | $6,930,984 | $14,164,050 |
Ddi Vantage Salt Lake City, UT | $1,827,900 | $10,802,741 |
Arizona Autism Charter Schools Inc Phoenix, AZ | $13,345,607 | $11,054,337 |
Gompers Phoenix, AZ | $18,286,874 | $10,952,471 |
Logan School For Creative Learning Inc Denver, CO | $15,343,690 | $7,097,890 |
New Way Academy Phoenix, AZ | $6,840,428 | $8,782,802 |
Grande Innovation Academy Casa Grande, AZ | $15,827,878 | $7,387,489 |
Joshua Inc Englewood, CO | $3,598,782 | $6,861,166 |
Inspiration Field La Junta, CO | $7,395,342 | $7,021,041 |