The Peak School
- Assets
- $2.9m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 16
- Location
- Frisco, CO
- Founding
- 04/2012
- Data as of
- 06/2023
- EIN
- 90-0762947
Organization Overview
The Peak School is located in Frisco, CO. The organization was established in 2012. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2023, Peak School employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peak 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, Peak School generated $1.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $1.7m during the year ending 06/2023. While expenses have increased by 5.5% 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
THE PEAK SCHOOL SEEKS TO IGNITE A PASSION FOR LEARNING, TO DEVELOP STUDENTS OF DIVERSE TALENTS AND BACKGROUNDS WHO THINK CRITICALLY AND ACT WITH INTEGRITY, AND TO GRADUATE COMPASSIONATE, CONFIDENT, CAPABLE STUDENTS WHO WILL EMBRACE THEIR ROLES AS LOCAL AND GLOBAL CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACADEMIC ENVIRONMENT AT THE PEAK SCHOOL IS CHALLENGING, THOUGHT PROVOKING, ENGAGING, AND AUTHENTIC. WE AIM TO PREPARE STUDENTS TO THINK CRITICALLY TO ANALYZE INFORMATION, TO COMMUNICATE CLEARLY, AND TO QUESTION THEMSELVES AND OTHERS. OUR DYNAMIC FACULTY PUSHES STUDENTS TO CONSIDER KNOWLEDGE IN NEW WAYS AND TO REACH BEYOND THE USUAL IN THEIR DEMONSTRATIONS OF CONCEPT MASTERY. AT PEAK, WE ACCOMPLISH THIS GOAL IN FOUR PRIMARY WAYS: ESSENTIAL QUESTIONS. EACH YEAR, THE PEAK SCHOOL'S CURRICULUM IS GUIDED BY ONE CENTRAL QUESTION. THIS QUESTION UNITES THE DISCIPLINES, PROVIDING A FRAMEWORK FOR STUDENTS TO UNDERSTAND CONCEPTS ACROSS MUTIPLE SUBJECT AREAS. IMMERSION PROJECTS. STUDENTS COMPLETE IN-DEPTH RESEARCH, TECHNOLOGY, PORTFOLIO, OR SERVICE LEARNING PROJECTS AT THREE DISTINCT POINTS IN THEIR PEAK SCHOOL CAREER, EARNING THEIR MOVEMENT FROM ONE DIVISION TO THE NEXT. THESE PROJECTS ENCOURAGE INTELLECTUAL RISK-TAKING, PROJECT MANAGEMENT, AND STRENGTH IN COMMUNICATION SKILLS. INTEGRATED TEACHING. AT THE MIDDLE-SCHOOL LEVEL, THE PEAK SCHOOL TEACHERS USE CRITICAL THOUGHT THROUGH MULTI-SUBJECT TEACHING IN THEIR AREA OF EXPERTISE. STUDENTS SPEND LONGER PERIODS OF TIME IN EACH CLASS. STUDENTS ARE EVALUATED BY THE ENTIRE FACULTY ACROSS THE LEARNING AREAS, RATHER THAN IN EACH CLASS. DIVISION LEARNING: AT THE PEAK SCHOOL, WE UNDERSTAND THAT STUDENTS' PERSONAL DEVELOPMENT AFFECTS THEIR LEARNING AND THAT STUDENTS CANNOT ALWAYS BE BROKEN UP CHRONOLOGICALLY IN A WAY THAT IS MOST EFFECTIVE FOR THEIR ACADEMIC GROWTH. STUDENTS AT THE PEAK SCHOOL MOVE THROUGH THREE DIVISIONS, ALLOWING THEM TO SPEND MORE OR LESS TIME ON SPECIFIC CONCEPTS AS NEEDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Aldrich Head Of Scho | Officer | 40 | $150,618 |
Bart Mcguire Co-Chair/pre | OfficerTrustee | 15 | $0 |
Mary Anne Johnston Co-Chair/pre | OfficerTrustee | 5 | $0 |
Dan Wolf Secretary | OfficerTrustee | 5 | $0 |
Ray Tyburski Treasurer | OfficerTrustee | 10 | $0 |
Sarah Thornsteinson Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $89,966 |
| Noncash contributions included in lines 1a–1f | $5,076 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,466 |
| Total Program Service Revenue | $1,590,571 |
| Investment income | $2,630 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,400 |
| Net Gain/Loss on Asset Sales | $44 |
| Net Income from Fundraising Events | $21,801 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,709,912 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $380,388 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $154,183 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $611,530 |
| Pension plan accruals and contributions | $32,308 |
| Other employee benefits | $26,246 |
| Payroll taxes | $63,779 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,065 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,775 |
| Advertising and promotion | $6,636 |
| Office expenses | $3,191 |
| Information technology | $8,767 |
| Royalties | $0 |
| Occupancy | $44,287 |
| Travel | $3,480 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $128,237 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,642 |
| Insurance | $37,812 |
| All other expenses | $27,820 |
| Total functional expenses | $1,666,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,367 |
| Savings and temporary cash investments | $526,214 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,222,859 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $75,000 |
| Total assets | $2,908,440 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $370,524 |
| 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 | $2,475,000 |
| Unsecured mortgages and notes payable | $150,000 |
| Other liabilities | $4,267 |
| Total liabilities | $2,999,791 |
| Net assets without donor restrictions | -$91,351 |
| 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 | $2,908,440 |