Totals
- Total revenue
- $874,907
- Total expenses
- $1,386,296
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $468,737
- Investment income
- $406,170
- Other revenue
- $0
- Total assets, end of year
- $15,343,863
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $15,343,863
- Program services expenses (Part IX)
- $1,270,290
- Management and general expenses
- $104,594
- Fundraising expenses
- $11,412
- Program service expenses (Part III)
- $1,270,290
Program services were 91.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: SCHOOL FACILITY RENTAL
total $468,737 · related or exempt $468,737
-
3 · Investment income
total $406,170 · excluded $406,170
Functional expenses
Part IX, the statement of functional expenses.
-
11f · Fees: investment management
total $27,553 · management and general $27,553
-
20 · Interest
total $192,520 · program services $179,988 · management and general $10,916 · fundraising $1,616
-
22 · Depreciation, depletion and amortization
total $1,166,223 · program services $1,090,302 · management and general $66,125 · fundraising $9,796
Balance sheet
Part X, book values.
-
10a · Land, buildings and equipment: cost or other basis
$18,499,181
-
10b · Land, buildings and equipment: accumulated depreciation
$10,266,360
-
10c · Land, buildings and equipment, net
beginning of year $8,349,821 · end of year $8,232,821
-
11 · Investments: publicly traded securities
beginning of year $10,421,982 · end of year $7,111,042
-
17 · Accounts payable and accrued expenses
beginning of year $15,701
-
20 · Tax-exempt bond liabilities
beginning of year $5,757,234
-
25 · Other liabilities
beginning of year $22,960
-
27 · Net assets without donor restrictions
beginning of year $12,975,908 · end of year $15,343,863
Mission and programs · 2022
Mission
TO MANAGE AND INVEST FUNDS AND REAL ESTATE HOLDINGS FOR THE BENEFIT OF ASPEN PREP ACADEMY.
-
MANAGING AND INVESTING FUNDS AND REAL ESTATE HOLDINGS FOR THE BENEFIT OF ASPEN PREP ACADEMY.
Expenses $1,270,290 · Revenue $468,737
As filed on the 2022 return.
Listed in Part VII
-
Kristina ScalaKRISTINA SCALA
HEAD OF SCHO
- Total calculated
- $984,745
- From this org
- $0
- From related orgs
- $938,582
- Other
- $46,163
- Hours/week
- 5 + 60 related
Schedule J breakdown matched by us
- Base
- not reported + $938,582 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $20,500 related
- Nontaxable benefits
- not reported + $25,663 related
- Filer's total
- not reported + $984,745 related
-
Lori TaylorLORI TAYLOR
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 0.5 + 5 related
-
Corinne LengsfeldCORINNE LENGSFELD
GOV/TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Denis Patrick GibbsDENIS PATRICK GIBBS
FINANCE/AUDI
- Total calculated
- $0
- Hours/week
- 3 + 2 related
-
Suzanne GoodspeedSUZANNE GOODSPEED
ADVANCEMENT
- Total calculated
- $0
- Hours/week
- 0.5 + 1 related
-
Brian MeeganBRIAN MEEGAN
COMPENSATION
- Total calculated
- $0
- Hours/week
- 0.5 + 1 related
-
Darrell WattersDARRELL WATTERS
INVESTMENT C
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Victoria BoughVICTORIA BOUGH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Christina GoodCHRISTINA GOOD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Wayne GuerraWAYNE GUERRA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Lew KingLEW KING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Arjun SenARJUN SEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Tim TaylorTIM TAYLOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Brad TuckerBRAD TUCKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 1 related
-
James ParkJAMES PARK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PAGE 1, PART I, LINE 1A
- THE ORGANIZATION RELIED ON A RELATED ORGANIZATION THAT USED ONE OR MORE OF THESE METHODS TO ESTABLISH THE COMPENSATION OF OFFICERS.
- SCHEDULE J, PAGE 1, PART I, LINE 4
- KRISTINA SCALA 0 20,500 0
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501C3 · EDUCATION · CO
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 3 December 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333389349300763
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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