Colorado Springs School
- Assets
- $6.9m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 121
- Location
- Colorado Springs, CO
- Founding
- 04/1981
- Data as of
- 06/2023
- EIN
- 84-0517369
Organization Overview
Colorado Springs School is located in Colorado Springs, CO. The organization was established in 1981. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Colorado Springs School employed 121 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Springs 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, Colorado Springs School generated $7.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $8.3m during the year ending 06/2023. While expenses have increased by 4.8% 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
TO OPERATE A PRIVATE AND INDEPENDENT SCHOOL FOR GRADES PRESCHOOL THROUGH 12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTIONAL - THE COLORADO SPRINGS SCHOOL USES THE HANDS-ON EXPERIENTIAL TEACHING METHOD THAT TEACHES TO STUDENTS WEAKNESSES, STRETCHING STUDENTS WHILE BUILDING THEIR CONFIDENCE. APPROXIMATELY 300 STUDENTS WERE ENROLLED AT THE SCHOOL DURING THE YEAR.
ADMISSIONS, BOOSTER CLUB, AND OTHERS - OUR ADMISSIONS OFFICERS SCREEN STUDENT CANDIDATES FOR ADMISSION TO THE SCHOOL. THEY DETERMINE FINANCIAL AID AND SCHOLARSHIP AWARDS, MAKING IT POSSIBLE FOR SOME STUDENTS TO ATTEND WHO MIGHT NOT OTHERWISE BE ABLE TO AFFORD TUITION. DURING THE YEAR APPROXIMATELY 145 CANDIDATES RECEIVED ASSISTANCE THROUGH FINANCIAL AID, SCHOLARSHIPS, OR REMISSION.
TRANSPORTATION - OUR BUS SERVICE IS AVAILABLE FOR STUDENTS WHO LIVE OUTSIDE THE 80906 ZIP CODE TO MAKE IT EASIER FOR THEM TO ATTEND THE COLORADO SPRINGS SCHOOL. APPROXIMATELY 60 STUDENTS RIDE ONE OF TWO DAILY BUS ROUTES FOR PICKUP AND DROPOFF DURING THE YEAR, AND NEARLY ALL STUDENTS RIDE A VAN OR ACTIVITY BUS TO A SEMINAR, ATHLETIC EVENT OR FIELDTRIP.
DINING HALL SERVICE IS AVAILABLE TO KINDERGARTEN THROUGH TWELFTH GRADE STUDENTS, PROVIDING A VARIETY OF FOOD CHOICES DURING THE SCHOOL DAY. THE SCHOOL SERVES APPROXIMATELY 150 HOT, DAILY LUNCHES EACH SCHOOL DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Kelly President | OfficerTrustee | 2 | $0 |
Mike Mcgrath Treasurer | OfficerTrustee | 2 | $0 |
Jill Richardi Secretary | OfficerTrustee | 2 | $0 |
Sarah Bartz Trustee | Trustee | 2 | $0 |
Jon Stepleton Trustee | Trustee | 2 | $0 |
Emily Evans Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $92,281 |
| Related organizations | $38,225 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $565,011 |
| Noncash contributions included in lines 1a–1f | $99,217 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $695,517 |
| Total Program Service Revenue | $5,998,581 |
| Investment income | $19,540 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $13,154 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$9,177 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,259,851 |
| 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. | $375,794 |
| Compensation of current officers, directors, key employees. | $96,959 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,631,236 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $593,575 |
| Payroll taxes | $277,154 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $126,104 |
| Advertising and promotion | $55,195 |
| Office expenses | $26,885 |
| Information technology | $54,131 |
| Royalties | $0 |
| Occupancy | $223,425 |
| Travel | $8,862 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,240 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $418,251 |
| Insurance | $329,874 |
| All other expenses | $749,893 |
| Total functional expenses | $8,339,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,015 |
| Savings and temporary cash investments | $695,459 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,986 |
| 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 | $3,045 |
| Net Land, buildings, and equipment | $5,641,532 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $403,114 |
| Total assets | $6,851,151 |
| Accounts payable and accrued expenses | $378,427 |
| Grants payable | $0 |
| Deferred revenue | $2,382,342 |
| 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 | $43,931 |
| Total liabilities | $2,804,700 |
| Net assets without donor restrictions | $3,683,384 |
| Net assets with donor restrictions | $363,067 |
| 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 | $6,851,151 |