Academy At High Point
- Assets
- $6.8m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 109
- Location
- Aurora, CO
- Founding
- 12/2007
- Data as of
- 06/2023
- EIN
- 55-0899587
Organization Overview
Academy At High Point is located in Aurora, CO. The organization was established in 2007. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Academy At High Point employed 109 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy At High Point 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 06/2023, Academy At High Point generated $9.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $8.6m during the year ending 06/2023. While expenses have increased by 4.0% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISH, EQUIP, AND MAINTAIN A CHARTER SCHOOL FOR PRESCHOOL, ELEMENTARY, AND MIDDLE SCHOOL STUDENTS, BENEFITTING APPROXIMATELY 715 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elise Topliss President | OfficerTrustee | 2 | $0 |
Devaki Parma Treasurer | OfficerTrustee | 2 | $0 |
Theo Shaw Director | Trustee | 1 | $0 |
Chrisina Castro Director | Trustee | 1 | $0 |
Jennifer Garcia Director | Trustee | 1 | $0 |
Dr Joseph Silva Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,549,919 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,592 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,609,511 |
| Total Program Service Revenue | $7,472,542 |
| Investment income | $97,193 |
| 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 | $9,259,630 |
| 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. | $132,687 |
| Compensation of current officers, directors, key employees. | $33,172 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,023,342 |
| Pension plan accruals and contributions | $1,078,670 |
| Other employee benefits | $555,885 |
| Payroll taxes | $8,020 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,958 |
| Fees for services: Accounting | $130,335 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,000 |
| Advertising and promotion | $32,584 |
| Office expenses | $16,616 |
| Information technology | $77,169 |
| Royalties | $0 |
| Occupancy | $920,277 |
| Travel | $8,158 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,628 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $73,456 |
| Insurance | $69,902 |
| All other expenses | $330,952 |
| Total functional expenses | $8,619,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,409,584 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $208,394 |
| Accounts receivable, net | $107,077 |
| 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 | $49,855 |
| Net Land, buildings, and equipment | $844,138 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,220,062 |
| Total assets | $6,839,110 |
| Accounts payable and accrued expenses | $860,149 |
| Grants payable | $0 |
| Deferred revenue | $22,201 |
| 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 | $23,569 |
| Other liabilities | $10,220,651 |
| Total liabilities | $11,126,570 |
| Net assets without donor restrictions | -$4,611,110 |
| Net assets with donor restrictions | $323,650 |
| 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 | $6,839,110 |