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Nonprofiteer
← DENVER SCHOOL OF SCIENCE AND TECHNOLOGY INC

Form 990 for tax year 2022

Filed by DENVER SCHOOL OF SCIENCE AND TECHNOLOGY INC.

Totals

Total revenue
$108,115,790
Total expenses
$114,894,903
Contributions and grants received
$16,002,237
Grants paid
$5,281,065
Program service revenue
$91,356,435
Investment income
$750,414
Other revenue
$6,704
Total assets, end of year
$61,035,638
Total liabilities, end of year
$18,558,858
Net assets or fund balances, end of year
$42,476,780
Program services expenses (Part IX)
$111,399,609
Management and general expenses
$3,016,978
Fundraising expenses
$478,316
Program service expenses (Part III)
$111,399,609

Program services were 97.0% 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.

  • 1d · Related organizations

    $3,319,769

  • 1e · Government grants (contributions)

    $8,361,244

  • 1f · All other contributions, gifts and grants

    $4,321,224

  • 2a · Program service revenue: Per Pupil Revenue

    total $70,987,301 · related or exempt $70,987,301

  • 2b · Program service revenue: Mill Levy

    total $19,478,480 · related or exempt $19,478,480

  • 2c · Program service revenue: Student Fees

    total $890,654 · related or exempt $890,654

  • 3 · Investment income

    total $744,687 · excluded $744,687

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $5,727

  • 7c · Gain or loss

    securities $5,727

  • 7d · Net gain or loss

    total $5,727 · excluded $5,727

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Miscellaneous Income

    total $6,704 · related or exempt $6,704

  • 11e · Other revenue, total

    $6,704

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,281,065 · program services $5,281,065

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $1,354,141 · program services $855,920 · management and general $465,145 · fundraising $33,076

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $60,892,082 · program services $58,989,839 · management and general $1,557,631 · fundraising $344,612

  • 8 · Pension plan contributions

    total $6,465,423 · program services $6,263,446 · management and general $165,387 · fundraising $36,590

  • 9 · Other employee benefits

    total $6,813,978 · program services $6,601,112 · management and general $174,303 · fundraising $38,563

  • 10 · Payroll taxes

    total $4,501,393 · program services $4,360,772 · management and general $115,146 · fundraising $25,475

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $65,704 · management and general $65,704

  • 11c · Fees: accounting

    total $114,036 · management and general $114,036

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $3,868 · management and general $3,868

  • 11g · Fees: other

    total $13,194,978 · program services $13,194,978 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $204,471 · program services $204,471

  • 13 · Office expenses

    total $298,513 · program services $298,513

  • 14 · Information technology

    total $2,456,313 · program services $2,456,313

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $4,553,701 · program services $4,553,701

  • 17 · Travel

    total $523,127 · program services $523,127

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $550,003 · program services $550,003

  • 23 · Insurance

    total $355,758 · management and general $355,758

  • 24a · Other expenses: EDUCATIONAL SUPPLIES

    total $6,894,978 · program services $6,894,978

  • 24b · Other expenses: DUES & FEES

    total $371,371 · program services $371,371

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $23,658,303 · end of year $9,984,923

  • 2 · Savings and temporary cash investments

    beginning of year $5 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $571,000

  • 4 · Accounts receivable

    beginning of year $807,892 · end of year $760,970

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $165,018 · end of year $249,817

  • 10a · Land, buildings and equipment: cost or other basis

    $4,706,973

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,327,180

  • 10c · Land, buildings and equipment, net

    beginning of year $418,205 · end of year $379,793

  • 11 · Investments: publicly traded securities

    beginning of year $5,731,519 · end of year $15,284,624

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $24,917,762 · end of year $33,804,511

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,816,135 · end of year $9,773,732

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $4,225,779 · end of year $8,785,126

  • 27 · Net assets without donor restrictions

    beginning of year $41,431,011 · end of year $34,656,007

  • 28 · Net assets with donor restrictions

    beginning of year $4,225,779 · end of year $7,820,773

Mission and programs · 2022

Mission

DSST PUBLIC SCHOOLS TRANSFORMS URBAN PUBLIC EDUCATION BY ELIMINATING EDUCATIONAL INEQUITY AND PREPARING ALL STUDENTS FOR SUCCESS IN COLLEGE AND THE 21ST CENTURY.

  • PROVIDING FUNDING AND MANAGEMENT SERVICES FOR THE ESTABLISHMENT AND GROWTH OF PUBLIC SCHOOLS. DSST CURRENTLY SERVES A STUDENT POPULATION OF 7,100 STUDENTS IN 16 SCHOOLS. AT FULL ENROLLMENT IN 2029, 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 RECOGNIZED AMONG THE TOP PERFORMING SCHOOLS IN COLORADO.

    Expenses $111,399,609 · Grants $5,281,065 · Revenue $91,363,139

As filed on the 2022 return.

Listed in Part VII

  • Bill Kurtz

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $326,504
    From this org
    $280,736
    From related orgs
    $0
    Other
    $45,768
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,365
    Bonus
    $36,800
    Other
    $571
    Deferred
    $12,100
    Nontaxable benefits
    $33,668
    Filer's total
    $326,504

  • Christine Nelson

    CHIEF OF SCHOOLS

    Total calculated
    $234,429
    From this org
    $197,700
    From related orgs
    $0
    Other
    $36,729
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,388
    Bonus
    $5,000
    Other
    $312
    Deferred
    $9,708
    Nontaxable benefits
    $27,021
    Filer's total
    $234,429

  • Ashley Wiegner

    CHIEF PEOPLE OFFICER

    Total calculated
    $192,896
    From this org
    $172,160
    From related orgs
    $0
    Other
    $20,736
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,108
    Bonus
    $9,000
    Other
    $52
    Deferred
    $7,214
    Nontaxable benefits
    $13,522
    Filer's total
    $192,896

  • Aaron Griffen

    CHIEF EQUITY OFFICER

    Total calculated
    $190,376
    From this org
    $151,904
    From related orgs
    $0
    Other
    $38,472
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,292
    Bonus
    $10,500
    Other
    $112
    Deferred
    $6,415
    Nontaxable benefits
    $32,057
    Filer's total
    $190,376

  • Nicholas Plantan

    CHIEF OPERATING OFFICER

    Total calculated
    $182,748
    From this org
    $146,040
    From related orgs
    $0
    Other
    $36,708
    Hours/week
    37 + 1 related

    Schedule J breakdown matched by us

    Base
    $142,983
    Bonus
    $3,000
    Other
    $57
    Deferred
    $6,823
    Nontaxable benefits
    $29,885
    Filer's total
    $182,748

  • Natalie Lewis

    VP OF LEADER DEVELOPMENT

    Total calculated
    $175,408
    From this org
    $159,920
    From related orgs
    $0
    Other
    $15,488
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,296
    Bonus
    $22,455
    Other
    $169
    Deferred
    $6,875
    Nontaxable benefits
    $8,613
    Filer's total
    $175,408

  • Libby Brien

    MANAGING DIRECTOR OF SCHOOLS

    Total calculated
    $167,010
    From this org
    $133,112
    From related orgs
    $0
    Other
    $33,898
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,947
    Bonus
    $4,100
    Other
    $65
    Deferred
    $6,875
    Nontaxable benefits
    $27,023
    Filer's total
    $167,010

  • Grant Erwin

    VP OF CULTURE & STU. EXP.

    Total calculated
    $158,614
    From this org
    $132,630
    From related orgs
    $0
    Other
    $25,984
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $123,493
    Bonus
    $9,070
    Other
    $67
    Deferred
    $6,298
    Nontaxable benefits
    $19,686
    Filer's total
    $158,614

  • Danielle Felder

    CHIEF EXTERNAL AFFAIRS OFFICER

    Total calculated
    $150,436
    From this org
    $119,464
    From related orgs
    $0
    Other
    $30,972
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $119,361
    Bonus
    $0
    Other
    $103
    Deferred
    $2,163
    Nontaxable benefits
    $28,809
    Filer's total
    $150,436

  • John Clark

    SCHOOL DIRECTOR

    Total calculated
    $145,156
    From this org
    $129,435
    From related orgs
    $0
    Other
    $15,721
    Hours/week
    40

  • Becca Meyer

    SCHOOL DIRECTOR

    Total calculated
    $141,504
    From this org
    $135,126
    From related orgs
    $0
    Other
    $6,378
    Hours/week
    40

  • Catherine Otto - Thru 082022

    CHIEF OPERATING OFFICER

    Total calculated
    $137,673
    From this org
    $109,579
    From related orgs
    $0
    Other
    $28,094
    Hours/week
    40

  • Alyssa Whitehead-Bust

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Barbara Brohl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Billy Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Brenda Allen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • David Greenberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • George Sparks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Gloria Zamora

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Greg Sissel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Janet Lopez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jeff Tarr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Justin Jaschke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Patrick O'Rourke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Glenn Russo

    TREASURER

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • Peter Fritzinger

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • Regina Rodriguez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Scott Arthur

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 7
THE ORGANIZATION ANNUALLY REVIEWS THE PERFORMANCES OF ITS EMPLOYEES TO DETERMINE IF ADDITIONAL COMPENSATION IN THE FORM OF BONUSES WILL BE PAID. DURING CALENDAR YEAR ENDING DECEMBER 31, 2022, THE ORGANIZATION AWARDED THE CHIEF EXECUTIVE OFFICER AND THE SCHOOL DIRECTORS A BONUS BASED ON REVIEW OF THEIR PERFORMANCES AND SERVICES TO THE ORGANIZATION.

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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202411229349301896

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