Colorado Digital Learning Solutions
- Assets
- $1.6m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Broomfield, CO
- Founding
- 05/2015
- Data as of
- 06/2022
- EIN
- 47-3107215
Organization Overview
Colorado Digital Learning Solutions is located in Broomfield, CO. The organization was established in 2015. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Colorado Digital Learning Solutions employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Digital Learning Solutions 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, Colorado Digital Learning Solutions generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.9% each year . All expenses for the organization totaled $3.0m during the year ending 06/2022. While expenses have increased by 33.9% per year over the past 4 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
PROVIDE ONLINE SUPPLEMENTAL COURSEWORK TO COLORADO SCHOOLS AND SCHOOL DISTRICTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAINED AND IMPROVED ONLINE LEARNING MANAGEMENT SYSTEM (LMS) AND REGISTRATION SYSTEM (GENIUS), INCLUDING UPDATING COURSE CONTENT AND ASSESSMENTS, ADDING INTERACTIVE TOOLS/PROJECTS, AND DEVELOPING UNIQUE COURSE OPTIONS BASED ON SCHOOL/SCHOOL DISTRICT'S NEEDS. ACTIVITIES INCLUDED: (1) TEACHING AND SUPPORTING OVER 250 COURSES; (2) UPDATING COURSES AND ADDING COURSES AS NEEDED; (3) INCREASING SUPPORT STRUCTURES FOR STUDENTS WITH SPECIAL NEEDS (SUCH AS TEXT HELP); AND (4) DEVELOPING ADDITIONAL LEARNING AND SUPPORT RESOURCES FOR SITE COORDINATORS, PARENTS, AND STUDENTS. THIS PROGRAM SERVICE AREA REPRESENTS THE 'TYPICAL' UPGRADES IN THE ONLINE LEARNING SYSTEM. DURING THE 2021-2022 YEAR, CDLS SUPPORTED 11,877 STUDENT ENROLLMENTS WHICH REPRESENTS A 53.7% DECREASE FROM 2020-2021 COVID YEAR. HOWEVER, IT ALSO REPRESENTS A 173% INCREASE FROM 2019-2020, A PRE-COVID YEAR.
PILOT AND IMPLEMENT NEW COURSES, MODIFIED LEARNING MODELS BASED ON LESSONS LEARNED, AND BUILD NEW LEARNING MODELS TO SUPPORT TEACHER SHORTAGES. LIMITED NEW STRUCTURES AND COURSES WERE DEVELOPED THIS FISCAL YEAR DUE TO THE NEED TO ASSESS PERFORMANCE DURING THE LARGE INCREASE IN STUDENT ENROLLMENTS LAST YEAR DUE TO COVID. NEW STRUCTURES OR COURSES DEVELOPED INCLUDED: (1) CODING AND ROBOTICS COURSES, INCLUDING AN OFF-SITE ROBOT THAT CAN BE CODED ONLINE; (2) NEW GIFTED AND TALENTED SHORT COURSES; (3) NEW ADVANCED PLACEMENT COURSES; AND (4) CO-TEACHING COURSE STRUCTURES TO SUPPORT TEACHER SHORTAGES. BASED ON OUR COVID EXPERIENCES, WE RESTRUCTURED ELEMENTARY COURSEWORK AND SUPPORT STRUCTURES AND UPDATED CAREER AND TECHNICAL EDUCATION PATHWAYS.
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Vandertook Board President | OfficerTrustee | 5 | $0 |
Michelle Murphy Board Member | Trustee | 3 | $0 |
Leon Hanhardt Board Member | Trustee | 3 | $0 |
Dianna Chrisman Board Member | Trustee | 3 | $0 |
Loraine Saffer Board Member | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Roberta Wyckoff Instructor | 6/29/22 | $105,700 |
William Oden Instructor | 6/29/22 | $107,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,600,675 |
| Investment income | $1,034 |
| 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 | $3,108,824 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $286,498 |
| Pension plan accruals and contributions | $22,366 |
| Other employee benefits | $20,250 |
| Payroll taxes | $24,741 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,558 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,883,496 |
| Advertising and promotion | $8,756 |
| Office expenses | $5,181 |
| Information technology | $18,208 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,756 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $579 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $29,014 |
| All other expenses | $0 |
| Total functional expenses | $2,963,918 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,044,205 |
| Savings and temporary cash investments | $531,034 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,575,239 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $1,430,333 |
| Total liabilities and net assets/fund balances | $1,575,239 |