Academy At High Point
- Assets
- $5.8m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 105
- Location
- Aurora, CO
- Founding
- 12/2007
- Data as of
- 06/2022
- EIN
- 55-0899587
Organization Overview
Academy At High Point is located in Aurora, CO. The organization was established in 2007. 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, Academy At High Point employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy At High Point 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, Academy At High Point generated $7.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $4.8m during the year ending 06/2022. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISH, EQUIP, AND MAINTAIN A CHARTER SCHOOL FOR PRESCHOOL, ELEMENTARY, AND MIDDLE SCHOOL STUDENTS, BENEFITTING APPROXIMATELY 715 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keri Melmed Executive Director (former) | Officer | 40 | $117,576 |
Jane Shirley President | OfficerTrustee | 2 | $0 |
Elise Topliss Secretary | OfficerTrustee | 2 | $0 |
Marcus Bratton Treasurer | OfficerTrustee | 2 | $0 |
Meredith Stolte Executive Director | Officer | 40 | $0 |
Devaki Parma Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,103,453 |
| All other contributions, gifts, grants, and similar amounts not included above | $170,927 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,274,380 |
| Total Program Service Revenue | $6,390,275 |
| Investment income | $5,386 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,841 |
| 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 | $7,754,364 |
| 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. | $173,435 |
| Compensation of current officers, directors, key employees. | $43,359 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,846,435 |
| Pension plan accruals and contributions | $480,123 |
| Other employee benefits | $524,590 |
| Payroll taxes | $9,296 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,543 |
| Fees for services: Accounting | $127,417 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,000 |
| Advertising and promotion | $23,269 |
| Office expenses | $14,441 |
| Information technology | $107,365 |
| Royalties | $0 |
| Occupancy | $692,122 |
| Travel | $5,759 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,620 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $46,893 |
| Insurance | $66,831 |
| All other expenses | -$2,504,838 |
| Total functional expenses | $4,757,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,817,426 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $200,325 |
| Accounts receivable, net | $82,327 |
| 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 | $19,045 |
| Net Land, buildings, and equipment | $784,778 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,891,266 |
| Total assets | $5,795,167 |
| Accounts payable and accrued expenses | $832,994 |
| Grants payable | $0 |
| Deferred revenue | $48,870 |
| 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 | $32,561 |
| Other liabilities | $9,808,317 |
| Total liabilities | $10,722,742 |
| Net assets without donor restrictions | -$5,216,225 |
| Net assets with donor restrictions | $288,650 |
| 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 | $5,795,167 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Academy At High Point has recieved totaling $7,788.
| Awarding Organization | Amount |
|---|---|
Colorado Education Initiative Denver, CO PURPOSE: COMMUNITY IMPACT ACCELERATOR GRANT | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $228 |
Western Union Foundation Inc Denver, CO PURPOSE: GIFT MATCHING GRANT | $60 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Community Development Corporation Tucson, AZ | $20,473,547 | $20,902,974 |
Academy Of Math & Science Inc Tucson, AZ | $35,777,199 | $18,613,878 |
Windsor Charter Academy Windsor, CO | $36,625,608 | $15,987,871 |
Science Technology Engineering And Math Stem High School Highlands Ranch, CO | $15,587,452 | $17,872,586 |
Stargate Charter School Thornton, CO | $19,773,978 | $21,738,033 |
Syracuse Arts Academy Inc Syracuse, UT | $37,683,088 | $15,500,034 |
Legacy Traditional School-Surprise Chandler, AZ | $32,091,284 | $16,357,315 |
American Leadership Academy Inc Spanish Fork, UT | $40,999,211 | $16,702,602 |
Chavez Huerta K-12 Preparatory Academy Pueblo, CO | $45,291,290 | $14,740,819 |
Liberty Tradition Charter School Phoenix, AZ | $15,402,752 | $15,178,313 |
Excelsior Academy Erda, UT | $21,101,376 | $14,135,210 |
Ascent Classical Academy Charter Schools Inc Golden, CO | $7,199,247 | $14,781,015 |