Rocky Mountain Preparatory School
- Assets
- $30.8m
- Revenue
- $31.1m
- Investments
- $0.0
- Employees
- 336
- Location
- Denver, CO
- Founding
- 02/2012
- Data as of
- 06/2021
- EIN
- 45-1203094
Organization Overview
Rocky Mountain Preparatory School is located in Denver, CO. The organization was established in 2012. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Rocky Mountain Preparatory School employed 336 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocky Mountain Preparatory 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 06/2021, Rocky Mountain Preparatory School generated $31.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $27.0m during the year ending 06/2021. While expenses have increased by 23.7% per year over the past 6 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
EDUCATE STUDENTS WITH RIGOROUS ACADEMIC PREPARATION TO SUCCEED IN A 4 YEAR COLLEGE AND LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL'S MISSION IS TO EDUCATE STUDENTS IN PRE-KINDERGARTEN THROUGH 8TH GRADE WITH THE RIGOROUS ACADEMIC PREPARATION, CHARACTER DEVELOPMENT, AND INDIVIDUALIZED SUPPORT NECESSARY TO SUCCEED IN A 4 YEAR COLLEGE AND LIFE. THE SCHOOL SERVED APPROXIMATELY, 559 STUDENTS AT CREEKSIDE, 437 STUDENTS AT SOUTHWEST, 538 STUDENTS AT FLETCHER, AND 311 STUDENTS AT BERKELEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Cryan CEO | Officer | 40 | $166,050 |
Greg Rawson Chief Operating Officer | Officer | 40 | $143,327 |
Sara Taylor Director Of Talent | 40 | $127,922 | |
Indrina Kanth Chief Of Staff | Officer | 40 | $127,317 |
Sara Lynch Chief Of Schools | Officer | 40 | $125,842 |
Cara Eng Managing Director Of Operations | 40 | $112,300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,384,291 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,462,778 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,847,069 |
| Total Program Service Revenue | $0 |
| Investment income | $15,447 |
| 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 | $31,097,127 |
| 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. | $844,530 |
| Compensation of current officers, directors, key employees. | $844,530 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,447,101 |
| Pension plan accruals and contributions | $4,092,858 |
| Other employee benefits | $901,688 |
| Payroll taxes | $201,429 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,382 |
| Fees for services: Accounting | $71,836 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,323,897 |
| Advertising and promotion | $171,311 |
| Office expenses | $290,172 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,939,005 |
| Travel | $20,276 |
| 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 | $13,836 |
| Insurance | $110,688 |
| All other expenses | $0 |
| Total functional expenses | $26,998,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,745,866 |
| Pledges and grants receivable | $2,374,505 |
| 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 | $12,908 |
| Net Land, buildings, and equipment | $155,573 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,516,142 |
| Total assets | $30,804,994 |
| Accounts payable and accrued expenses | $653,058 |
| Grants payable | $0 |
| Deferred revenue | $1,389 |
| 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 | $300,000 |
| Other liabilities | $24,949,251 |
| Total liabilities | $25,903,698 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $4,745,723 |
| Paid-in or capital surplus, or land, building, or equipment fund | $155,573 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $30,804,994 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Rocky Mountain Preparatory School has recieved totaling $755,863.
| Awarding Organization | Amount |
|---|---|
Daniels Fund Denver, CO PURPOSE: PLANNING FOR EXPANSION, ACCELERATED LEARNING | $400,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $201,000 |
Charter Fund Inc Broomfield, CO PURPOSE: CHARTER SCHOOL GROWTH | $50,000 |
Charter Fund Inc Broomfield, CO PURPOSE: CHARTER SCHOOL GROWTH | $50,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $29,863 |
Temple Hoyne Buell Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT FOR THE PRESCHOOL (TWO PAYMENTS - CONDITIONAL) | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Leadership Academy Inc Mesa, AZ | $282,415,478 | $95,654,658 |
Edkey Inc Mesa, AZ | $135,819,543 | $83,812,049 |
Asu Preparatory Academy Tempe, AZ | $49,146,223 | $66,068,953 |
Utah Charter Academies Draper, UT | $87,193,817 | $47,458,045 |
Strive Preparatory Schools Denver, CO | $16,366,153 | $54,741,372 |
Kipp Colorado Schools Denver, CO | $14,636,055 | $38,026,869 |
Legacy Traditional Schools - Nevada Inc Chandler, AZ | $98,471,077 | $39,227,732 |
Goal Academy Pueblo, CO | $51,570,908 | $48,674,529 |
Spectrum Academy North Salt Lake City, UT | $38,407,104 | $29,729,025 |
Odyssey Preparatory Academy Inc Buckeye, AZ | $75,530,982 | $28,243,391 |
Dove Schools Oklahoma City, OK | $6,243,861 | $28,048,630 |
Rocky Mountain Preparatory School Denver, CO | $30,804,994 | $31,097,127 |