Leman Classical School
- Assets
- $11.0m
- Revenue
- $12.2m
- Investments
- $0.0
- Employees
- 120
- Location
- Parker, CO
- Founding
- 03/2017
- Data as of
- 06/2023
- EIN
- 81-1263925
Organization Overview
Leman Classical School is located in Parker, CO. The organization was established in 2017. 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, Leman Classical School employed 120 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leman Classical School 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, Leman Classical School generated $12.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $11.9m during the year ending 06/2023. While expenses have increased by 15.3% per year over the past 5 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
ORGANIZED AND OPERATED EXCLUSIVELY FOR EDUCATIONAL PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victoria Hostin Officer | OfficerTrustee | 10 | $0 |
Chris Young Officer | OfficerTrustee | 1 | $0 |
Paige Mclaughlin Officer | OfficerTrustee | 1 | $0 |
Barry Arrington Officer | OfficerTrustee | 1 | $0 |
Stacy Thomas Officer | OfficerTrustee | 1 | $0 |
Jason Edwards Principal | Officer | 40 | $117,030 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Faustus Management Company Management Services | 6/29/23 | $935,559 |
Vanguard Cleaning Systems Cleaning Contract | 6/29/23 | $210,367 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $760,561 |
| All other contributions, gifts, grants, and similar amounts not included above | $141,204 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $901,765 |
| Total Program Service Revenue | $11,199,774 |
| Investment income | $60,626 |
| 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 | $12,173,346 |
| 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. | $141,697 |
| Compensation of current officers, directors, key employees. | $35,424 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,740,776 |
| Pension plan accruals and contributions | $2,447,086 |
| Other employee benefits | $162,889 |
| Payroll taxes | $61,813 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,174 |
| Fees for services: Accounting | $37,152 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,781,926 |
| Advertising and promotion | $29,822 |
| Office expenses | $36,440 |
| Information technology | $100,857 |
| Royalties | $0 |
| Occupancy | $2,304,440 |
| Travel | $1,365 |
| 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 | $0 |
| Insurance | $140,415 |
| All other expenses | $91,144 |
| Total functional expenses | $11,906,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,906,132 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $29,567 |
| Accounts receivable, net | $304,501 |
| 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 | $17,868 |
| Net Land, buildings, and equipment | $31,837 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,667,862 |
| Total assets | $10,957,767 |
| Accounts payable and accrued expenses | $1,384,592 |
| 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 | $8,698,867 |
| Total liabilities | $10,083,459 |
| Net assets without donor restrictions | $514,308 |
| Net assets with donor restrictions | $360,000 |
| 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 | $10,957,767 |