Global Village Academy - Aurora
- Assets
- $10.6m
- Revenue
- $14.1m
- Investments
- $0.0
- Employees
- 159
- Location
- Aurora, CO
- Founding
- 03/2009
- Data as of
- 06/2022
- EIN
- 68-0611554
Organization Overview
Global Village Academy - Aurora is located in Aurora, CO. The organization was established in 2009. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Global Village Academy - Aurora employed 159 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Village Academy - Aurora 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, Global Village Academy - Aurora generated $14.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $9.2m during the year ending 06/2022. While expenses have increased by 0.9% 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
THE ORGANIZATION IS A FREE K-8 LANGUAGE IMMERSION CHARTER SCHOOL, TEACHING SPANISH, MANDARIN CHINESE, AND FRENCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A K-8 LANGUAGE IMMERSION CHARTER SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Denmark Principal | 40 | $137,533 | |
Sandra Bea Immersion Pr | 40 | $122,700 | |
Clifford Arellano Principal Of | 40 | $112,147 | |
Cyndi Bush-Luna Vice Preside | OfficerTrustee | 2 | $0 |
Jeriod Patterson Treasurer | OfficerTrustee | 2 | $0 |
Carol Rieger President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,354,343 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,427,036 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,781,379 |
| Total Program Service Revenue | $10,423,862 |
| Investment income | $137,593 |
| 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 | $14,135,506 |
| 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 | $5,407,616 |
| Pension plan accruals and contributions | -$2,698,245 |
| Other employee benefits | $558,486 |
| Payroll taxes | $66,427 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $38,101 |
| Fees for services: Accounting | $29,601 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,704 |
| Advertising and promotion | $6,589 |
| Office expenses | $158,307 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,759,798 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,811 |
| Payments to affiliates | $554,886 |
| Depreciation, depletion, and amortization | $83,666 |
| Insurance | $142,766 |
| All other expenses | $236,752 |
| Total functional expenses | $9,232,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,788,600 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $139,151 |
| 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 | $22,860 |
| Net Land, buildings, and equipment | $473,112 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,146,281 |
| Total assets | $10,570,004 |
| Accounts payable and accrued expenses | $259,795 |
| Grants payable | $0 |
| Deferred revenue | $20,107 |
| 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 | $16,730,410 |
| Total liabilities | $17,010,312 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$6,440,308 |
| Total liabilities and net assets/fund balances | $10,570,004 |
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American Leadership Academy Inc Spanish Fork, UT | $40,999,211 | $16,702,602 |
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Liberty Tradition Charter School Phoenix, AZ | $15,402,752 | $15,178,313 |
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