ASPEN COUNTRY DAY SCHOOL INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
ASPEN COUNTRY DAY SCHOOL INC (EIN 23-7033239)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-02-07
IRS object ID
201410389349300931
Schema version
2012v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2014-02-07T11:18:57-06:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN840803727EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1REESE HENRY & COMPANY INCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1400 EAST MAIN STREET SUITE 2AddressLine1
CityASPENCity
StateCOState
ZIP Code81611ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN237033239EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE ASPEN COUNTRY DAY SCHOOL INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlASPENameControl
Phone9709251909Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line13 MUSIC SCHOOL ROADAddressLine1
CityASPENCity
StateCOState
ZIP Code81611ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameB LEE SCHUMACHERName
TitlePRESIDENTTitle
Phone9709251909Phone
Date Signed2014-02-03DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameDENISE JURGENS CPAName
PTINP00087338PTIN
Phone9709253771Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonB LEE SCHUMACHERNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line13 MUSIC SCHOOL ROADAddressLine1
CityASPENCity
StateCOState
ZIP Code81611ZIPCode
FieldValueIRS element (for citing)
Gross Receipts22847136GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.ASPENCOUNTRYDAY.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1969YearFormation
State Legal DomicileCOStateLegalDomicile
Activity Or Mission DescriptionEDUCATION OF ROARING FORK VALLEY YOUTH.ActivityOrMissionDescription
Nbr Voting Members Governing Body21NbrVotingMembersGoverningBody
Nbr Independent Voting Members21NbrIndependentVotingMembers
Total Nbr Employees60TotalNbrEmployees
Total Nbr Volunteers25TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year5541343ContributionsGrantsPriorYear
Contributions Grants Current Year6196611ContributionsGrantsCurrentYear
Program Service Revenue Prior Year3959331ProgramServiceRevenuePriorYear
Program Service Revenue CY3816463ProgramServiceRevenueCY
Investment Income Prior Year207164InvestmentIncomePriorYear
Investment Income Current Year415447InvestmentIncomeCurrentYear
Other Revenue Prior Year13311OtherRevenuePriorYear
Other Revenue Current Year9214OtherRevenueCurrentYear
Total Revenue Prior Year9721149TotalRevenuePriorYear
Total Revenue Current Year10437735TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year3408780SalariesEtcPriorYear
Salaries Etc Current Year3461122SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year60010TotalFundrsngExpCurrentYear
Other Expense Prior Year1794037OtherExpensePriorYear
Other Expenses Current Year2323722OtherExpensesCurrentYear
Total Expenses Prior Year5202817TotalExpensesPriorYear
Total Expenses Current Year5784844TotalExpensesCurrentYear
Revenues Less Expenses Prior Year4518332RevenuesLessExpensesPriorYear
Revenues Less Expenses CY4652891RevenuesLessExpensesCY
Total Assets BOY18062958TotalAssetsBOY
Total Assets EOY28814358TotalAssetsEOY
Total Liabilities BOY3182112TotalLiabilitiesBOY
Total Liabilities EOY9123472TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY14880846NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY19690886NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionIT IS THE MISSION OF ASPEN COUNTRY DAY SCHOOL, THROUGH ITS COMMITMENT TO RIGOUROUS ACADEMICS, CREATIVE ARTS, AND OUTDOOR EDUCATION, TO IGNITE CURIOSITY, CONFIDENCE, AND CRITICAL THINKING. IN AN INSPIRING MOUNTAIN SETTING, THEIR NUTURING COMMUNITY ENCOURAGES STUDENTS TO STRIVE FOR INDIVIDUAL EXCELLENCE AND INSTILL IN THEM A LIFELONG LOVE OF LEARNING, SENSE OF PURPOSE, AND RESPONSIBLE CITIZENSHIP.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense4792638Expense
Revenue3816463Revenue
DescriptionTO PROVIDE EDUCATION FOR STUDENTS PRE-KINDERGARTEN TO NINTH GRADE FOR APPROXIMATELY 175 STUDENTS.Description
Total Program Service Expense4792638TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets1ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School1School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities1FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization1BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions1DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109621NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees60NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions1NonDeductibleContributions
Non Deductible Disclosure1NonDeductibleDisclosure
Quid Pro Quo Contributions1QuidProQuoContributions
Quid Pro Quo Disclosure1QuidProQuoDisclosure
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members21NbrVotingGoverningBodyMembers
Number Independent Voting Members21NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledCOStatesWhereCopyOfReturnIsFiled
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1SCOTT HICKSBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number9709251909TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line13 MUSIC SCHOOL ROADAddressLine1
CityASPENCity
StateCOState
ZIP Code81611ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (19 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationHighest Compensated EmployeeHighestCompensatedEmployee
LEE SCHUMACHER
PRESIDENT5.00XX000
SOLEDAD HURST
VICE PRESIDENT2.00XX000
ROBERT POTAMKIN
TREASURER5.00XX000
MARY BUCKSBAUM SCANLAN
SECRETARY2.00XX000
GERHARD ANDLINGER
TRUSTEE2.00X000
RANDALL BONE
TRUSTEE2.00X000
MICHAEL BOURKE
TRUSTEE2.00X000
LAUREN MCCLOSKEY ELSTON
TRUSTEE2.00X000
BRUCE ETKIN
TRUSTEE2.00X000
KEN HAMLET
TRUSTEE2.00X000
STEVE KAHN
TRUSTEE2.00X000
MARCELLA LARSON
TRUSTEE2.00X000
PEGGY SCHARLIN
TRUSTEE2.00X000
JULIET SHIELD-TAYLOR
TRUSTEE2.00X000
DOUG WEISER
TRUSTEE2.00X000
SCOTT RUSSEL
TRUSTEE2.00X000
STAN CHEO
EX OFFICIO2.00X000
SCOTT HICKS
BUISNESS MANAGER40.00X9450700
JOHN SUITOR
HEAD OF SCHOOL, EX OFFICIO40.00192656080910X
FieldValueIRS element (for citing)
Total Reportable Comp From Org287163TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation80910TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1WAAS CAMPBELL RIVERA JOHNSON & VELASQUEZBusinessNameLine1

Address Of Contractor AddressOfContractor

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11350 17TH ST STE 450AddressLine1
CityDENVERCity
StateCOState
ZIP Code80202ZIPCode
FieldValueIRS element (for citing)
Description Of ServicesLEGAL CONSULTINGDescriptionOfServices
Compensation165477Compensation
FieldValueIRS element (for citing)
Number Of Contractors GT100 K1NumberOfContractorsGT100K
Fundraising Events182562FundraisingEvents
All Other Contributions6014049AllOtherContributions
Noncash Contributions58975NoncashContributions
Total Contributions6196611TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION61111035568213556821
CAFETERIA611110126066126066
STUDENT PROGRAMS611110125880125880
OTHER INCOME61111076967696
FieldValueIRS element (for citing)
Total Program Service Revenue3816463TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column170108TotalRevenueColumn
Exclusion$170,108ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities12525224Securities
Other68000Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities12244798Securities
Other103087Other

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities280426Securities
Other-35087Other

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column245339TotalRevenueColumn
Exclusion$245,339ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events70730GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events182562CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses61516FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column9214TotalRevenueColumn
Exclusion$9,214ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column10437735TotalRevenueColumn
Related Or Exempt Function Income3816463RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$424,661ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total192565Total
Program Services144424ProgramServices
Management And General46215ManagementAndGeneral
Fundraising1926Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total2195896Total
Program Services1627770ProgramServices
Management And General547449ManagementAndGeneral
Fundraising20677Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total129846Total
Program Services129846ProgramServices

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total774278Total
Program Services774278ProgramServices

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total168537Total
Program Services168537ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total24928Total
Management And General24928ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total29115Total
Management And General29115ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total55872Total
Program Services20227ProgramServices
Management And General35645ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total5794Total
Fundraising5794Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total674025Total
Program Services674025ProgramServices

Interest Interest

FieldValueIRS element (for citing)
Total73629Total
Management And General73629ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total121935Total
Program Services121935ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total28607Total
Management And General28607ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
PROGRAM COSTS408562408562
SCHOLARSHIPS297460297460
STUDENT PROGRAM EXPENSE105305105305
CASTLE CREEK PLANNING E8742587425

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total411065Total
Program Services232844ProgramServices
Management And General146608ManagementAndGeneral
Fundraising31613Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total5784844Total
Program Services4792638ProgramServices
Management And General932196ManagementAndGeneral
Fundraising60010Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY30733BOY
EOY192751EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY5166908BOY
EOY2771365EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY3078431BOY
EOY1851355EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY127071BOY
EOY188263EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY54484BOY
EOY179090EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis2386685LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec1334926LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY1067445BOY
EOY1051759EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY4117082BOY
EOY5581930EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY4420804BOY
EOY16997845EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY18062958BOY
EOY28814358EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY580192BOY
EOY1496821EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY1498225BOY
EOY6247387EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY1103695BOY
EOY1379264EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY3182112BOY
EOY9123472EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY10968812BOY
EOY17349251EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY3602381BOY
EOY2029604EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY309653BOY
EOY312031EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY14880846BOY
EOY19690886EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY18062958BOY
EOY19690886EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses4652891ReconcilationRevenueExpenses
Reconciliation Unrealized Invest157149ReconciliationUnrealizedInvest
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit Committee0AuditCommittee
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance309653BeginningOfYearBalance
Investment Earnings Or Losses2378InvestmentEarningsOrLosses
End Of Year Balance312031EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance307994BeginningOfYearBalance
Investment Earnings Or Losses1659InvestmentEarningsOrLosses
End Of Year Balance309653EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance306600BeginningOfYearBalance
Contributions100Contributions
Investment Earnings Or Losses1294InvestmentEarningsOrLosses
End Of Year Balance307994EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance305386BeginningOfYearBalance
Investment Earnings Or Losses1214InvestmentEarningsOrLosses
End Of Year Balance306600EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

FieldValueIRS element (for citing)
Beginning Of Year Balance304700BeginningOfYearBalance
Investment Earnings Or Losses686InvestmentEarningsOrLosses
End Of Year Balance305386EndOfYearBalance
FieldValueIRS element (for citing)
Permanent Endowment EOY Balance1.00000PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis1682996OtherCostOrOtherBasis
Depreciation810056Depreciation
Book Value872940BookValue

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis136830OtherCostOrOtherBasis
Depreciation82371Depreciation
Book Value54459BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis566859OtherCostOrOtherBasis
Depreciation442499Depreciation
Book Value124360BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings1051759TotalOfBookValueLandBuildings

Other Assets OtherAssets (2 entries)

DescriptionDescriptionBook ValueBookValue
OTHER ASSETS11446
DEVELOPMENT COSTS16986399
FieldValueIRS element (for citing)
Total Book Value Other Assets16997845TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescriptionAmountAmount
ADVANCE TUITION & DEPOSITS$1,099,270
ACCRUED TEACHERS SALARIES$279,994
FieldValueIRS element (for citing)
Total Of Amounts1379264TotalOfAmounts
Footnote In Part XIIIXFootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt10489965TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments157149NetUnrealizedGainsInvestments
Revenue Not Rptd F990157149RevenueNotRptdF990
Revenue Subtotal10332816RevenueSubtotal
Other Revenues Not Included104919OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt104919RevenueNotRptdOnFinStmt
Total Revenue Per Form99010437735TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt5679925TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal5679925ExpensesSubtotal
Other Expenses Not Included104919OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt104919ExpensesNotRptdOnFinStmt
Total Expenses Per Form9905784844TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:PART V, LINE 4:TO PROVIDE INCOME FROM PERMANENTLY ENDOWED FUNDS FOR SCHOOL OPERATIONS.
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:PART X, LINE 2:THE SCHOOL FOLLOWS FASC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE FINANCIAL STATEMENTS. FASC 740, INCOME TAXES, REQUIRES THE USE OF A TWO-STEP APPROACH FOR RECOGNIZING AND MEASURING TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FIRST, A TAX POSITION SHOULD ONLY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT, BASED ON TECHNICAL MERIS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITY. SECOND, A TAX POSITION THAT MEETS THE RECOGNITION THRESHOLD SHOULD BE MEASURED AT THE LARGEST AMOUNT THAT HAS A GREAT THAN 50 PERCENT LIKLIHOOD OF BEING SUSTAINED. THE SCHOOL HAS NO MATERIAL UNRECOGNIZED TAX BENEFITS THE FOR THE YEAR ENDED JUNE 30, 2011. AS A RESULT NO INTEREST OR PENALTIES WERE ACCRUED FOR UNRECOGNIZED TAX BENEFITS DURING THE YEAR.
PART XI, LINE 4B - OTHER ADJUSTMENTS:STUDENT FEE INCOME - NETTED AGAINST EXPENSES 104,919.
PART XII, LINE 4B - OTHER ADJUSTMENTS:STUDENT FEE INCOME - NETTED AGAINST EXPENSES 104,919.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy Stmt1NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc1PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media1PolicyPublViaBroadcastMedia
Maint Racial Composition Records1MaintRacialCompositionRecords
Maint Scholarships Records1MaintScholarshipsRecords
Maint Copies Of Brochures Etc1MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations1MaintCopiesOfAllSolicitations
Discriminate Race Students Rights0DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies0DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty0DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships0DiscriminateRaceScholarships
Discriminate Race Educ Policies0DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog0DiscriminateRaceAthleticProg
Discriminate Race Other Acty0DiscriminateRaceOtherActy
Government Financial Aid Received0GovernmentFinancialAidReceived
Government Financial Aid Revoked0GovernmentFinancialAidRevoked
Compliance With Rev Proc75501ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII

FieldValueIRS element (for citing)
IdentifierEXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATIONIdentifier
Return ReferenceSCHEDULE E, PART I, LINE 3ReturnReference
ExplanationSCHOOL BROCHURES AND PUBLICATIONS DESCRIBE THE SCHOOL'S POLICY. ALSO, THE ASSOCIATION OF COLORADO INDEPENDENT PUBLIC SCHOOLS ANNUALLY PUBLISHES A PUBLIC NOTICE IN THE DENVER POST CLEARLY DESCRIBING NONDISCRIMINATORY POLICIES FOR ITS MEMBER SCHOOLS.Explanation

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1SPRING FLINGNameOfEvent1
Gross Receipts Event1253292GrossReceiptsEvent1
Charitable Contributions Event1182562CharitableContributionsEvent1
Gross Revenue Event170730GrossRevenueEvent1
Other Direct Expenses Event161516OtherDirectExpensesEvent1
Gross Receipts Total253292GrossReceiptsTotal
Charitable Contributions Total182562CharitableContributionsTotal
Gross Revenue Total Events70730GrossRevenueTotalEvents
Other Direct Expenses Total Events61516OtherDirectExpensesTotalEvents
Direct Expense Summary Events61516DirectExpenseSummaryEvents
Net Income Summary9214NetIncomeSummary

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Discretionary Spending AccountXDiscretionarySpendingAccount
Housing Allowance Or ResidenceXHousingAllowanceOrResidence
Written Policy Re T And E Expenses1WrittenPolicyReTAndEExpenses
Substantiation Required1SubstantiationRequired
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Written Employment ContractXWrittenEmploymentContract
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonJOHN SUITORNamePerson
TitleHEAD OF SCHOOL, EX OFFICIOTitle
Base Compensation Filing Org192656BaseCompensationFilingOrg
Comp Based On Related Orgs0CompBasedOnRelatedOrgs
Bonus Filing Org0BonusFilingOrg
Bonus Related Orgs0BonusRelatedOrgs
Other Compensation Filing Org0OtherCompensationFilingOrg
Other Compensation Related Orgs0OtherCompensationRelatedOrgs
Deferred Comp Filing Org0DeferredCompFilingOrg
Deferred Comp Related Orgs0DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org80910NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs0NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org273566TotalCompensationFilingOrg
Total Compensation Related Orgs0TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org268067CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs0CompReportPrior990RelatedOrgs

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
Return ReferencePART I, LINE 1AReturnReference
ExplanationTHE HEAD OF SCHOOL HAS A DISCRETIONARY SPENDING ACCOUNT FOR MEALS, GAS AND HOME IMPROVEMENTS. AS HEAD, HE SERVES ON THE BOARDS OF OTHER INDEPENDENT SCHOOLS AND HAS A LEADERSHIP ROLE AT ACIS. THESE RESPONSIBILITIES REQUIRE INTRASTATE TRAVEL WHICH IS PAID FOR FROM THE DISCRETIONARY ACCOUNT.Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)

RelationshipRelationshipAmount Of TransactionAmountOfTransactionDescription Of TransactionDescriptionOfTransactionSharing Of RevenuesSharingOfRevenues
SCOTT RUSSELL
BOARD MEMBER25000SCHOOL'S REPRESENTATIVE FOR NEW CAMPUS PROJECT0
CARRIE WELLS
FORMER BOARD MEMBER0REAL ESTATE BROKER FOR NEW LEASE ON THE HEAD OF SCHOOL'S RESIDENCE0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions23NumberOfContributions
Noncash Contribs Rptd F99058975NoncashContribsRptdF990
Method Of Determining RevenuesMARKET VALUEMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGifts
Third Parties Used0ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

Return ReferenceReturnReferenceExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11A DRAFT OF THE FORM 990 IS GIVEN TO THE BOARD TREASURER AND FINANCE COMMITTEE AND IS REVIEWED AND APPROVED PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY BOARD MEMBERS MUST COMPLETE A CONFLICT OF INTEREST DISLCLOSURE DOCUMENT AND PROVIDE IT TO THE SCHOOL MANAGEMENT. BOARD MEMBERS MUST IMMEDIATELY NOTIFY MANAGEMENT OF ANY CHANGES.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD REVIEWS THE HEADMASTER'S PACKAGE ANNUALLY BY REVIEWING INFORMATION OBTAINED FROM SIMILAR ORGANIZATIONS AND A REVIEW OF CURRENT PERFORMANCE. FROM THAT INFORMATION, A COMPENSATION PACKAGE IS SET.
FORM 990, PART VI, SECTION C, LINE 19ORGANIZATIONAL DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE ORGANIZATION'S BYLAWS AND ARTICLES ARE AVAILABLE TO THE PUBLIC THROUGH THE SCHOOL'S WEBSITE.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.