Denver School Of Science And Technology Inc
- Assets
- $43.2m
- Revenue
- $97.3m
- Investments
- $0.0
- Employees
- 1,076
- Location
- Denver, CO
- Founding
- 01/2002
- Data as of
- 06/2021
- EIN
- 84-1602733
Organization Overview
Denver School Of Science And Technology Inc is located in Denver, CO. The organization was established in 2002. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 06/2021, Denver School Of Science And Technology Inc employed 1,076 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver School Of Science And Technology Inc 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, Denver School Of Science And Technology Inc generated $97.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $100.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Denver School Of Science And Technology Inc has awarded 90 individual grants totaling $27,946,728. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DSST PUBLIC SCHOOLS TRANSFORMS URBAN PUBLIC EDUCATION BY ELIMINATING EDUCATIONAL INEQUITY AND PREPARING ALL STUDENTS FOR SUCCESS IN COLLEGE AND THE 21ST CENTURY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING FUNDING AND MANAGEMENT SERVICES FOR THE ESTABLISHMENT AND GROWTH OF PUBLIC SCHOOLS. DSST CURRENTLY SERVES A STUDENT POPULATION OF 6,800 STUDENTS IN 15 SCHOOLS. AT FULL ENROLLMENT IN 2025, DSST WILL SERVE 8,850 STUDENTS IN 18 SCHOOLS ACROSS DENVER PUBLIC SCHOOLS AND AURORA PUBLIC SCHOOLS. TO DATE DSST HAS PREPARED 100% OF OUR GRADUATES TO ATTEND A FOUR YEAR COLLEGE. DSST SCHOOLS ARE RECONGIZED AMONG THE TOP PERFORMING SCHOOLS IN COLORADO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Kurtz CEO | Officer | 40 | $239,797 |
Christine Nelson Chief Of Schools | Officer | 40 | $152,550 |
Heather Lamm - Thru 1121 Chief Advocacy & Comm. Officer | Officer | 40 | $146,006 |
Nicole Fulbright Chief Academic Officer | Officer | 40 | $145,349 |
Leah Peters- Thru 421 VP Of Academics | 40 | $143,402 | |
Gregg Gonzales VP Of Schools | 40 | $142,396 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aurora Public Schools Admin/spen/services | 6/29/21 | $369,694 |
Denver Public Schools Admin/spen/services | 6/29/21 | $10,240,653 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,810,830 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,204,410 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,015,240 |
| Total Program Service Revenue | $73,955,090 |
| Investment income | $315,742 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,096 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $97,297,168 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,850,000 |
| 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. | $933,124 |
| Compensation of current officers, directors, key employees. | $83,957 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,350,371 |
| Pension plan accruals and contributions | $2,237,313 |
| Other employee benefits | $7,073,750 |
| Payroll taxes | $3,941,637 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $185,504 |
| Fees for services: Accounting | $64,838 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,844 |
| Fees for services: Other | $13,547,932 |
| Advertising and promotion | $76,472 |
| Office expenses | $98,613 |
| Information technology | $2,379,985 |
| Royalties | $0 |
| Occupancy | $563,432 |
| Travel | $102,331 |
| 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 | $389,562 |
| Insurance | $140,698 |
| All other expenses | $0 |
| Total functional expenses | $100,623,050 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,229,768 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,027,429 |
| 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 | $190,458 |
| Net Land, buildings, and equipment | $706,067 |
| Investments—publicly traded securities | $5,735,462 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,270,798 |
| Total assets | $43,159,982 |
| Accounts payable and accrued expenses | $4,636,850 |
| 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 | $3,837,134 |
| Total liabilities | $8,473,984 |
| Net assets without donor restrictions | $30,848,864 |
| Net assets with donor restrictions | $3,837,134 |
| 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 | $43,159,982 |
Grants Awarded
Over the last fiscal year, Denver School Of Science And Technology Inc has awarded $13,554,729 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
DSST - HENRY MIDDLE SCHOOL PURPOSE: GENERAL SUPPORT | $815,907 |
DSST - HENRY MIDDLE SCHOOL PURPOSE: GENERAL SUPPORT | $815,907 |
DSST - HENRY MIDDLE SCHOOL PURPOSE: GENERAL SUPPORT | $815,907 |
DSST - COLE MIDDLE SCHOOL PURPOSE: GENERAL SUPPORT | $617,467 |
DSST - COLE MIDDLE SCHOOL PURPOSE: GENERAL SUPPORT | $617,467 |
DSST - COLE MIDDLE SCHOOL PURPOSE: GENERAL SUPPORT | $617,467 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Denver School Of Science And Technology Inc has recieved totaling $408,161.
| Awarding Organization | Amount |
|---|---|
Gates Family Foundation Denver, CO PURPOSE: RENOVATION | $75,000 |
Gates Family Foundation Denver, CO PURPOSE: RENOVATION | $75,000 |
Denver Foundation Denver, CO PURPOSE: SLICE OF PI | $65,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $46,665 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $33,000 |
The Anna And John J Sie Foundation Denver, CO PURPOSE: 2021 SLICE OF PI SPONSORSHIP. IN HONOR OF BILL KURTZ AND ELIN CURRY | $25,000 |
Endowment Analysis
| Beg. Balance | $170,239 |
| Earnings | $64,037 |
| Other Expense | $3,844 |
| Ending Balance | $230,432 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Arizona Global Campus Chandler, AZ | $127,007,579 | $300,702,806 |
Denver School Of Science And Technology Inc Denver, CO | $43,159,982 | $97,297,168 |
Institute For Shipboard Education Fort Collins, CO | $58,232,119 | $20,995,470 |
Kansas Leadership Center Inc Wichita, KS | $16,454,854 | $20,243,839 |
Northeastern State University Foundation Inc Tahlequah, OK | $45,168,633 | $4,906,328 |
Lighthouse Writers Workshop Inc Denver, CO | $2,205,609 | $2,806,436 |
Ridge View Academy Watkins, CO | $1,265,870 | $1,962,127 |
National Center For Higher Education Management Systems Boulder, CO | $1,695,091 | $1,714,166 |
Kansas Independent College Foundation Topeka, KS | $1,415,604 | $1,116,903 |
Naccu Fn Phoenix, AZ | $966,307 | $1,014,092 |
International Accreditation Council For Business Education Overland Park, KS | $1,074,515 | $994,397 |
Calvary Chapel University Inc Sun City, AZ | $136,073 | $744,729 |