New Vision Charter School
- Assets
- $43.7m
- Revenue
- $13.3m
- Investments
- $0.0
- Employees
- 109
- Location
- Loveland, CO
- Founding
- 10/2006
- Data as of
- 06/2023
- EIN
- 05-0614578
Organization Overview
New Vision Charter School is located in Loveland, CO. The organization was established in 2006. 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, New Vision Charter School employed 109 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Vision Charter 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, New Vision Charter School generated $13.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $12.3m during the year ending 06/2023. While expenses have increased by 25.0% per year over the past 4 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
OUR MISSION IS TO CHALLENGE ENCOURAGE AND EMPOWER STUDENTS EVERYDAY TO PERSEVERE ON THEIR JOURNEY TO BECOMING LIFELONG LEARNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF THE NEW VISION CHARTER SCHOOL BENEFITTING APPROXIMATELY 874 STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Daley Member | Trustee | 2 | $0 |
Matt Braggins Presisent | OfficerTrustee | 2 | $0 |
Rob Protzman Vice President | OfficerTrustee | 2 | $0 |
Heather Gurrini Member | Trustee | 2 | $0 |
Stephanie Wickman Treasurer | OfficerTrustee | 2 | $0 |
Timothy Bishop Executive Director | 40 | $117,331 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,057,620 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,578 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,079,198 |
| Total Program Service Revenue | $10,801,933 |
| Investment income | $248,346 |
| 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 | $13,303,020 |
| 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 | $4,346,148 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,399,272 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $533 |
| Fees for services: Accounting | $6,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $24,594 |
| Office expenses | $41,483 |
| Information technology | $96,473 |
| Royalties | $0 |
| Occupancy | $34,529 |
| Travel | $15,317 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,300,300 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $241,271 |
| Insurance | $117,629 |
| All other expenses | $625,135 |
| Total functional expenses | $12,347,842 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,701,617 |
| Savings and temporary cash investments | $2,107,775 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $157,281 |
| 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 | $29,872,743 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,900,302 |
| Total assets | $43,739,718 |
| Accounts payable and accrued expenses | $26,101 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $36,445,999 |
| 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 | $10,662,131 |
| Total liabilities | $47,134,231 |
| 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 | -$3,394,513 |
| Total liabilities and net assets/fund balances | $43,739,718 |