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← STRIVE PREPARATORY SCHOOLS

Form 990 for tax year 2024

Filed by STRIVE PREPARATORY SCHOOLS.

Totals

Total revenue
$102,571,668
Total expenses
$97,221,179
Contributions and grants received
$18,668,201
Grants paid
$0
Program service revenue
$82,516,964
Investment income
$992,822
Other revenue
$393,681
Total assets, end of year
$44,626,096
Total liabilities, end of year
$37,148,844
Net assets or fund balances, end of year
$7,477,252
Program services expenses (Part IX)
$78,259,108
Management and general expenses
$18,962,070
Fundraising expenses
$1
Program service expenses (Part III)
$78,259,108

Program services were 80.5% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $14,387,450

  • 1f · All other contributions, gifts and grants

    $4,280,751

  • 1g · Noncash contributions included above

    $106,654

  • 2a · Program service revenue: PER PUPIL REVENUE

    total $63,324,985 · related or exempt $63,324,985 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: DISTRICT MILL LEVY

    total $19,191,979 · related or exempt $19,191,979 · unrelated business $0 · excluded $0

  • 2c · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2d · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2e · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $992,822 · related or exempt $0 · unrelated business $0 · excluded $992,822

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

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $393,681 · related or exempt $393,681 · unrelated business $0 · excluded $0

  • 11b · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11c · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $393,681

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $1,612,223 · program services $453,744 · management and general $1,158,479 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $45,613,752 · program services $37,232,672 · management and general $8,381,080 · fundraising $0

  • 8 · Pension plan contributions

    total $9,069,763 · program services $7,815,428 · management and general $1,254,335 · fundraising $0

  • 9 · Other employee benefits

    total $5,812,425 · program services $4,666,852 · management and general $1,145,573 · fundraising $0

  • 10 · Payroll taxes

    total $710,068 · program services $568,054 · management and general $142,014 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $89,846 · program services $71,877 · management and general $17,969 · fundraising $0

  • 11c · Fees: accounting

    total $166,404 · program services $133,123 · management and general $33,281 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $17,071,922 · program services $13,657,537 · management and general $3,414,385 · fundraising $0

  • 12 · Advertising and promotion

    total $17,242 · program services $13,794 · management and general $3,448 · fundraising $0

  • 13 · Office expenses

    total $1,303,829 · program services $1,043,062 · management and general $260,766 · fundraising $1

  • 14 · Information technology

    total $1,475,517 · program services $1,180,414 · management and general $295,103 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $662,272 · program services $529,818 · management and general $132,454 · fundraising $0

  • 17 · Travel

    total $1,338,703 · program services $1,070,962 · management and general $267,741 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $541,988 · program services $433,590 · management and general $108,398 · fundraising $0

  • 23 · Insurance

    total $371,271 · program services $297,017 · management and general $74,254 · fundraising $0

  • 24a · Other expenses: TEXTBOOKS/LIBRARY

    total $2,715,775 · program services $2,172,620 · management and general $543,155 · fundraising $0

  • 24b · Other expenses: STUDENT AND STAFF EVENTS

    total $2,528,442 · program services $2,022,754 · management and general $505,688 · fundraising $0

  • 24c · Other expenses: CLASSROOM SUPPLIES

    total $1,814,341 · program services $1,451,473 · management and general $362,868 · fundraising $0

  • 24d · Other expenses: LICENSING

    total $1,583,000 · program services $1,266,400 · management and general $316,600 · fundraising $0

  • 24e · All other expenses

    total $2,722,396 · program services $2,177,917 · management and general $544,479 · fundraising $0

  • 26 · Joint costs (an allocation of the lines above)

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $19,750,880 · end of year $14,545,244

  • 2 · Savings and temporary cash investments

    beginning of year $8,178,579 · end of year $20,443,097

  • 3 · Pledges and grants receivable

    beginning of year $1,637,720 · end of year $1,140,224

  • 4 · Accounts receivable

    beginning of year $457,745 · end of year $45,481

  • 5 · Loans and receivables from officers and key people

    beginning of year $12,025 · 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 $83,237 · end of year $175,238

  • 9 · Prepaid expenses and deferred charges

    beginning of year $296,817 · end of year $804,414

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

    $6,342,683

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

    $718,480

  • 10c · Land, buildings and equipment, net

    beginning of year $5,513,196 · end of year $5,624,203

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $1,440,955 · end of year $1,848,195

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,651,894 · end of year $5,132,476

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $173,650 · 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 $42,775,326 · end of year $32,016,368

  • 27 · Net assets without donor restrictions

    beginning of year $0 · end of year $0

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $33,250,552 · end of year $38,601,041

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$41,480,268 · end of year -$31,123,789

Mission and programs · 2024

Mission

SUCCESS FOR EVERY STUDENT THROUGH A DEMANDING EDUCATION OF HIGH STANDARDS, STRUCTURE AND ACCOUNTABILITY. ROCKY MOUNTAIN PREPARATORY SCHOOLS PREPARE STUDENTS FOR EDUCATIONAL SUCCESS FROM ELEMENTARY THROUGH HIGH SCHOOL.

Activities or mission (Part I)

SUCCESS FOR EVERY STUDENT THROUGH A DEMANDING EDUCATION OF HIGH STANDARDS, STRUCTURE & ACCOUNTABILITY; RMP PREPARES STUDENTS FOR EDUCATIONAL SUCCESS FROM ELEMENTARY THROUGH HIGH SCHOOL.

  • ROCKY MOUNTAIN PREPARATORY SCHOOLS PROVIDES AN INTENSIVE CURRICULUM WITH A STRONG FOCUS ON SKILL DEVELOPMENT TO STUDENTS IN GRADES K-12 FOR EDUCATIONAL SUCCESS FROM ELEMENTARY SCHOOL THROUGH HIGH SCHOOL, BENEFITING OVER 5,113 STUDENTS.

    Expenses $78,259,108 · Revenue $82,910,645

As filed on the 2024 return.

Listed in Part VII

  • Charlotte Brantley

    Board Secretary

    Total calculated
    $0
    Hours/week
    2

  • Patrick Donovan

    Board Chair, Treasurer

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Jemal Takele

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Marlon Marshall

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Ulysses Estrada

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Indrina Kanth

    Chief Growth Officer

    Total calculated
    $218,929
    From this org
    $190,410
    From related orgs
    $0
    Other
    $28,519
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $186,660
    Bonus
    $0
    Other
    $3,750
    Deferred
    $21,088
    Nontaxable benefits
    $7,431
    Filer's total
    $218,929

  • Karla Lindgren

    Chief Legal Officer & General Counsel

    Total calculated
    $247,041
    From this org
    $214,087
    From related orgs
    $0
    Other
    $32,954
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $209,437
    Bonus
    $0
    Other
    $4,650
    Deferred
    $25,523
    Nontaxable benefits
    $7,431
    Filer's total
    $247,041

  • Tricia Noyola

    Chief Executive Officer

    Total calculated
    $531,336
    From this org
    $484,902
    From related orgs
    $0
    Other
    $46,434
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $288,401
    Bonus
    $105,929
    Other
    $90,572
    Deferred
    $38,588
    Nontaxable benefits
    $7,846
    Filer's total
    $531,336

  • Yana Smith

    President, People and Business

    Total calculated
    $297,945
    From this org
    $266,928
    From related orgs
    $0
    Other
    $31,017
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $259,848
    Bonus
    $0
    Other
    $7,080
    Deferred
    $31,017
    Nontaxable benefits
    $0
    Filer's total
    $297,945

  • David Xiao

    Head of Finance and Planning (END DATE FEB 2025)

    Total calculated
    $181,863
    From this org
    $156,159
    From related orgs
    $0
    Other
    $25,704
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,159
    Bonus
    $0
    Other
    $0
    Deferred
    $18,146
    Nontaxable benefits
    $7,558
    Filer's total
    $181,863

  • Jacob Heredia

    HEAD OF FINANCE (START DATE APR 2025)

    Total calculated
    $0
    Hours/week
    40

  • Adam Lenzmeier

    Executive Director of Schools

    Total calculated
    $185,267
    From this org
    $163,872
    From related orgs
    $0
    Other
    $21,395
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,746
    Bonus
    $15,476
    Other
    $1,650
    Deferred
    $21,395
    Nontaxable benefits
    $0
    Filer's total
    $185,267

  • Austen Kassinger

    Executive Director of Schools

    Total calculated
    $202,068
    From this org
    $181,693
    From related orgs
    $0
    Other
    $20,375
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,900
    Bonus
    $7,143
    Other
    $1,650
    Deferred
    $20,375
    Nontaxable benefits
    $0
    Filer's total
    $202,068

  • Edward Krankowski

    Managing Director, MTTS & SPED

    Total calculated
    $170,614
    From this org
    $146,395
    From related orgs
    $0
    Other
    $24,219
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,745
    Bonus
    $0
    Other
    $1,650
    Deferred
    $17,099
    Nontaxable benefits
    $7,120
    Filer's total
    $170,614

  • Justin Scott

    Chief Schools Officer

    Total calculated
    $208,073
    From this org
    $182,961
    From related orgs
    $0
    Other
    $25,112
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,211
    Bonus
    $25,000
    Other
    $3,750
    Deferred
    $19,549
    Nontaxable benefits
    $5,563
    Filer's total
    $208,073

  • Karen Hanssen

    Executive Director of People Experience

    Total calculated
    $183,022
    From this org
    $159,984
    From related orgs
    $0
    Other
    $23,038
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,784
    Bonus
    $0
    Other
    $1,200
    Deferred
    $18,906
    Nontaxable benefits
    $4,132
    Filer's total
    $183,022

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 · Independent compensation consultant
  • 3 · Approval by the board or compensation committee

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2026
IRS schema version
2024v5.1
Source object
202601339349305280

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