Northeast Denver Innovation Zone
- Assets
- $639.2k
- Revenue
- $708.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Denver, CO
- Founding
- 07/2019
- Data as of
- 06/2021
- EIN
- 83-1294500
Organization Overview
Northeast Denver Innovation Zone is located in Denver, CO. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Northeast Denver Innovation Zone employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Denver Innovation Zone 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 06/2021, Northeast Denver Innovation Zone generated $708.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $318.6k during the year ending 06/2021. While expenses have increased by 7.7% per year over the past 3 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER EDUCATORS, STUDENTS, AND THE NORTHEAST DENVER COMMUNITY THROUGH LEADERSHIP, EXCELLENT EDUCATION, AND FLEXIBLE, SCHOOL-BASED DECISION- MAKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIKE SCHOOLS WORLD-WIDE, NDIZ SPENT THE ENTIRE SCHOOL YEAR BATTLING THE COVID-19 PANDEMIC. EVEN THOUGH THE MAIN FOCUS WAS ON SUPPORTING STUDENTS AND TEACHERS AS THEY MOVED BACK AND FORTH BETWEEN IN-PERSON AND VIRTUAL LEARNING, NDIZ HAD SEVERAL ACCOMPLISHMENTS. AN EXECUTIVE DIRECTOR SEARCH WAS COMPLETED AND A NEW ED WAS ONBOARDED. IN ADDITION, ONE PART TIME STAFF MEMBER TRANSITIONED TO WORK WITH ANOTHER ZONE FULL TIME. NDIZ FORMED A TEACHERS' COUNCIL AND MET 7 TIMES, AND THE BOARD OF DIRECTORS CONVENED 11 TIMES. THE ZONE FUNDRAISED AND RECEIVED A BROAD CENTER AND ROOTED GRANT, AND FEES WERE SUCCESSFULLY COLLECTED FROM ALL SCHOOLS IN JANUARY 2021. FINALLY, NDIZ HIRED A NEW ACCOUNTANT AND TRANSITIONED BANKING OPERATIONS FROM BANK OF AMERICA TO FIRST BANK.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexandra Amos Executive Di | Officer | 40 | $90,180 |
Vernon Jones Jr Executive Di | Officer | 40 | $32,500 |
Dr Brenda Bautsch Dickhoner Vice Chair/c | OfficerTrustee | 1 | $0 |
Brian Weber Board Chair | OfficerTrustee | 1 | $0 |
Jennifer Troy Chair | OfficerTrustee | 1 | $0 |
Darrell Watson Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $368,565 |
| All other contributions, gifts, grants, and similar amounts not included above | $340,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $708,565 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $708,637 |
| 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. | $112,480 |
| Compensation of current officers, directors, key employees. | $11,248 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,708 |
| Pension plan accruals and contributions | $7,875 |
| Other employee benefits | $36,295 |
| Payroll taxes | $12,230 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,860 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,101 |
| Information technology | $1,182 |
| Royalties | $0 |
| Occupancy | $12,400 |
| Travel | $17,100 |
| 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 | $3,720 |
| All other expenses | $3,421 |
| Total functional expenses | $318,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $631,223 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,203 |
| 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 | $3,762 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $639,188 |
| Accounts payable and accrued expenses | $34,602 |
| 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 | $34,602 |
| Net assets without donor restrictions | $604,586 |
| 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 | $639,188 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northeast Denver Innovation Zone has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
The Broad Center Los Angeles, CA PURPOSE: FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Classical Academy Colorado Springs, CO | $97,154,437 | $39,391,484 |
Spectrum Healthcare Group Inc Cottonwood, AZ | $17,862,058 | $29,292,227 |
Heritage Hall Oklahoma City, OK | $29,893,924 | $20,863,460 |
United States Deputy Sheriffs Association Inc Wichita, KS | $2,971,599 | $19,654,227 |
Arizona Agribusiness & Equine Center Phoenix, AZ | $41,363,992 | $18,352,142 |
Northwest Christian School Phoenix, AZ | $14,587,608 | $15,711,697 |
Fit Kids Inc Scottsdale, AZ | $27,357,951 | $13,904,484 |
Community Action Partnership Of Mid-Nebraska Kearney, NE | $10,567,482 | $13,526,656 |
Center For Academic Success Sierra Vista, AZ | $18,278,347 | $12,993,576 |
Oklahoma Connections Academy Inc Bartlesville, OK | $2,156,539 | $12,078,246 |
Denver Scholarship Foundation Denver, CO | $33,817,323 | $13,999,484 |
Mccalls Chapel School Inc Ada, OK | $9,915,625 | $11,707,804 |