2022-03-18T17:20:45-05:00 2021-06-30 Steven L Christensen JD 1395 S Platte River Drive Denver CO 80223 990 2020-07-01 813810037 Quest Forward Academy Inc QUES 3039620020 1395 S Platte River Drive Denver CO 80223 J Joe Ricketts CEO 3039620042 2022-03-18 1 J Joe Ricketts XXX-XX-XXXX Steven L Christensen P00075586 3039620025 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Quest Forward Academy J Joe Ricketts 1395 S Platte Drive Denver CO 80223 10105385 0 X www.questforward.academy X 2016 DE Operation of private secondary school(s). 1 0 43 0 0 0 0 9371562 486749 733823 0 0 0 0 486749 10105385 0 0 0 0 1934111 2798818 0 0 0 1669860 2042378 3603971 4841196 -3117222 5264189 1688573 2430773 6957491 2100296 -5268918 330477 X See Schedule O. Quest Forward Academy operates private secondary schools using a research-based, technology-powered learning platform teaching traditional academics and life skills through an active, quest-based paradigm. Quest Forward Academy's goal is to provide an effective and efficient learning methodology different than traditional secondary education but condusive to (1) assisting young individuals gain an education, (2) imbuing a life-long quest for knowledge and learning and (3) overcoming any societial limitations students may face including but not limited to low-income or poverty. 0 0 4841196 733823 Revenues are for tuition collected from students. Expenses relate to on-going operating expenses of owning and operating two secondary schools including such expenes as mentor and director payroll, occupancy and utility expenses, insurance, regulatory compliance etc. 4841196 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 33 0 1 43 1 0 0 0 0 0 0 0 0 0 0 X 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DE NE CA X Hugo Enterprises LLC 3039620025 1395 S Platte River Drive Denver CO 80223 J Joe Ricketts CEO 1.00 X X 0 0 0 Alfred Levitt President and General Coun 1.00 X 0 0 0 Karen Kenkel Director QF Academy Santa 50.00 X 142765 0 33556 Mark Smith Director QF Academy Omaha 50.00 X 140347 0 1627 Ray Ravaglia Chief Learning Officer 17.00 33.00 X 0 147477 0 283112 147477 35183 2 0 1 0 Quattrocchi Kwok Architects 636 5th Street Santa Rosa CA 95404 Architectual design and TI Improvements 148167 Fruitful Design 6051 1/2 Maple Street Omaha NE 68104 Public relations and social media servic 116438 2 9371562 9371562 Tuition 611110 733823 733823 733823 10105385 733823 0 0 318295 318295 2254136 2254136 20096 20096 122556 122556 83735 83735 3321 3321 107927 107927 187992 187992 46330 46330 23726 23726 602316 602316 -2941 -2941 215268 215268 43656 43656 Shared Overhead 335205 335205 Transportation/Bus Serv 238584 238584 Recruiting Expense 68106 68106 Meals 61202 61202 111686 111686 4841196 4841196 0 0 145228 -1061 232 1667 3033273 603106 1248996 2430167 294117 0 1688573 2430773 27626 10100 6797227 1976070 132638 114126 6957491 2100296 X 0 0 0 0 -5268918 330477 -5268918 330477 1688573 2430773 5264189 335206 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2511970 361831 2150139 280744 117443 163301 240559 123832 116727 2430167 Tenant Improvement Rent Allowance 114126 114126 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Quest Forward Academy publishes notice of its nondiscriminatory policy on printed promotional materials, website and annually in local newspapers of a general circulation in Bellevue, Nebraska and Santa Rosa, California. 0 Scholarships to attend QFA School in Bellevue, NE 99 0 993640 Other - Foregone tuition and fees Scholarship granted (waiver) by Quest Forward Acedemy to cover tuition and other fees to attend school. Scholarhips to attend QFA School in Santa Rosa, CA 94 0 1296307 Other - Foregone tuition and fees Scholarship granted (waiver) by Quest Forward Acedemy to cover tuition and other fees to attend school. Schedule I, Part III, Column (b) Potential and current Quest Forward Academy (QFA) students apply for and receive financial aid each year determined through a needs-based algorithm based on household income and follow-on negotiations. Once the amount of aid to be awarded is determined, the students and/or the students' parent or guardian enter into a formal award agreement. The number of students receiving aid reflects the signed award agrements between QFA and the students/families. X 1 1 X X 0 0 0 0 0 0 0 0 0 Karen Kenkel Director QF Academy Santa 142765 0 0 0 0 0 33556 0 0 0 176321 0 0 0 Part I, Line 1a Employees who provide evidence of health club membership receive a taxable fringe benefit of $100/year to defray the cost of such membership. J Joe Ricketts Director/CEO Loan to finance start up and operating costs. X 1976070 1976070 0 1 1 1976070 Opportunity Education Foundation Op Ed Foundation and Quest Forward Academy are commonly controlled. 0 Opportunity Education Foundation licenses to Quest Forward Academy its proprietary quest-based learning system and cirriculum. Currently, Opportunity Education Foundation does not charge Quest Forward Academy for use of its intellectual property (the license is royalty-free); however, such is subject to change. 0 Form 990, Part VI, Section B, line 11b A draft Form 990 is provided to each member of the board of directors prior to filing; thereafter, the return preparer reviews with the board of directors the draft Form 990 and resolves any questions or concerns. Form 990, Part VI, Section B, line 12c Officers, directors and key employees are required each year to acknowledge conflict of interest policy and certify compliance with the policy. Form 990, Part VI, Section B, line 15 HR professionals associated with the sole director's home office, review and define job possitions and comparable compensation for similar positions. The HR professionals then make a recommendation to the sole director and/or hiring manager regarding compensation for potential candidates. The director/hiring managers interview employee candidates and establish compensation based on employee qualifications and HR recommendations. Form 990, Part VI, Section C, line 19 Complete copies of Quest Forward Academy's governing documents (articles, bylaws, conflict of interest policy and financial statements) for the current year are available to the general public upon request. Opportunity Education Foundation 1395 S Platte River Drive Denver CO 80223 203244541 Educational: Developing, promoting and licensing of quest-based curriculum. IA 501(c)(3) PF J Joe Ricketts 0 Ricketts Conservation Foundation 1395 S Platte River Drive Denver CO 80223 462927195 Conservation IA 501(c)(3) PF J Joe Ricketts 0 Ricketts Arts Foundation 1395 S Platte River Drive Denver CO 80223 464335764 Art preservation IA 501(c)(3) PF J Joe Ricketts 0 The Cloisters on the Platte Foundation 1395 S Platte River Drive Denver CO 80223 471539712 Church IA 501(c)(3) Church J Joe Ricketts 0 Entrepreneurs Create Jobs 1395 S Platte River Drive Denver CO 80223 384045018 Educational: Public awareness of benefits of entrepreneural activities IA 501(c)(3) PF J Joe Ricketts 0 Joe Ricketts Nebraska Foundation 1395 S Platte River Drive Denver CO 80223 611864875 Land holding and grant-making Charity DE 501(c)(3) PF J Joe Ricketts 0 Citizens for Free Enterprise 1395 S Platte River Drive Denver CO 80223 851360921 Political action committee NV 527 J Joe Ricketts 0 Hugo Enterprises LLC 1395 S Platte River Drive Denver CO 80223 203705740 Home office and holding company NE N/A 0 0 JJR Enterprises LLC 1395 S Platte River Drive Denver CO 80223 861747321 Start up and congolmerate businesses NE J Joe Ricketts News content provide 0 0 HE Management Company 1395 S Platte River Drive Denver CO 80223 383971054 Management company DE N/A S 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 Opportunity Education Foundation O Full amount paid by other party. Opportunity Education Foundation K Royalty-free license.