University Prep Steele Street Inc
- Assets
- $3.6m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 57
- Location
- Denver, CO
- Founding
- 11/2016
- Data as of
- 06/2022
- EIN
- 47-5135227
Organization Overview
University Prep Steele Street Inc, operating under the name University Preparatory School-Steele Street, is located in Denver, CO. The organization was established in 2016. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, University Preparatory School-Steele Street employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Preparatory School-Steele Street 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 06/2022, University Preparatory School-Steele Street generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $4.4m during the year ending 06/2022. While expenses have increased by 8.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PREPARE EVERY CHILD FOR A FOUR-YEAR COLLEGE DEGREE AND A LIFE OF OPPORTUNITY. UNIVERSITY PREP - STEELE ST. IS A K - 5 ELEMENTARY SCHOOL LOCATED IN THE CLAYTON NEIGHBORHOOD OF DENVER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
K - 5 ELEMENTARY SCHOOL
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 |
|---|---|---|---|
Cuneyt Akay Trustee | Trustee | 1 | $0 |
Recardo Brooks Trustee | Trustee | 1 | $0 |
Brenna Copeland Trustee | Trustee | 1 | $0 |
Emily Eikelberner Trustee | Trustee | 1 | $0 |
Tracey Lovett Trustee | Trustee | 1 | $0 |
Nicholas Martinez Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $68,750 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,775 |
| Total Program Service Revenue | $5,240,761 |
| Investment income | $1,916 |
| 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 | $5,344,534 |
| 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. | $83,480 |
| Compensation of current officers, directors, key employees. | $83,480 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,919,506 |
| Pension plan accruals and contributions | $378,443 |
| Other employee benefits | $198,308 |
| Payroll taxes | $28,224 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,360 |
| Fees for services: Accounting | $12,582 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $465,661 |
| Advertising and promotion | $25,456 |
| Office expenses | $34,369 |
| Information technology | $109,191 |
| Royalties | $0 |
| Occupancy | $258,795 |
| Travel | $30,074 |
| 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 | $486,333 |
| Depreciation, depletion, and amortization | $725 |
| Insurance | $22,934 |
| All other expenses | -$352,222 |
| Total functional expenses | $4,440,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,667,637 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $320,240 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $22,210 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,750 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $584,588 |
| Total assets | $3,602,425 |
| Accounts payable and accrued expenses | $153,932 |
| 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 | $1,560,990 |
| Total liabilities | $1,714,922 |
| Net assets without donor restrictions | $1,887,503 |
| 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 | $3,602,425 |