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Nonprofiteer
← DENVER SCHOOL OF SCIENCE AND TECHNOLOGY INC

Form 990 for tax year 2023

Filed by DENVER SCHOOL OF SCIENCE AND TECHNOLOGY INC.

Totals

Total revenue
$122,154,643
Total expenses
$122,729,642
Contributions and grants received
$16,252,306
Grants paid
$112,708
Program service revenue
$105,828,396
Investment income
$69,396
Other revenue
$4,545
Total assets, end of year
$68,732,180
Total liabilities, end of year
$26,779,890
Net assets or fund balances, end of year
$41,952,290
Program services expenses (Part IX)
$119,315,144
Management and general expenses
$2,907,626
Fundraising expenses
$506,872
Program service expenses (Part III)
$119,315,144

Program services were 97.2% 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

    $5,334,060

  • 1e · Government grants (contributions)

    $10,359,707

  • 1f · All other contributions, gifts and grants

    $558,539

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: Per Pupil Revenue

    total $81,321,219 · related or exempt $81,321,219 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Mill Levy

    total $23,540,357 · related or exempt $23,540,357 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Student Fees

    total $966,820 · related or exempt $966,820 · 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 $1,092,323 · related or exempt $0 · unrelated business $0 · excluded $1,092,323

  • 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 $11,947 · other assets $0

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

    securities $0 · other assets $1,034,874

  • 7c · Gain or loss

    securities $11,947 · other assets -$1,034,874

  • 7d · Net gain or loss

    total -$1,022,927 · related or exempt $0 · unrelated business $0 · excluded -$1,022,927

  • 8a · Fundraising events: gross income

    $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 Income

    total $4,545 · related or exempt $4,545

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $4,545

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $112,708 · program services $112,708

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $1,506,814 · program services $943,378 · management and general $512,742 · fundraising $50,694

  • 7 · Other salaries and wages

    total $67,367,184 · program services $65,717,323 · management and general $1,306,837 · fundraising $343,024

  • 8 · Pension plan contributions

    total $9,811,728 · program services $9,527,947 · management and general $230,165 · fundraising $53,616

  • 9 · Other employee benefits

    total $5,992,342 · program services $5,844,113 · management and general $116,338 · fundraising $31,891

  • 10 · Payroll taxes

    total $4,885,230 · program services $4,732,618 · management and general $124,965 · fundraising $27,647

  • 11b · Fees: legal

    total $132,272 · management and general $132,272

  • 11c · Fees: accounting

    total $91,330 · management and general $91,330

  • 11f · Fees: investment management

    total $4,373 · management and general $4,373

  • 11g · Fees: other

    total $17,412,952 · program services $17,412,952 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $259,716 · program services $259,716

  • 13 · Office expenses

    total $632,954 · program services $632,954

  • 14 · Information technology

    total $2,585,255 · program services $2,585,255

  • 16 · Occupancy

    total $3,250,850 · program services $3,250,850

  • 17 · Travel

    total $823,529 · program services $823,529

  • 22 · Depreciation, depletion and amortization

    total $1,427,351 · program services $1,427,351

  • 23 · Insurance

    total $388,604 · management and general $388,604

  • 24a · Other expenses: EDUCATIONAL SUPPLIES

    total $5,639,792 · program services $5,639,792

  • 24b · Other expenses: DUES & FEES

    total $404,658 · program services $404,658

  • 24e · All other expenses

    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 $9,984,922 · end of year $6,975,228

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $571,000 · end of year $311,000

  • 4 · Accounts receivable

    beginning of year $760,971 · end of year $1,126,803

  • 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 $249,817 · end of year $299,460

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

    $5,746,271

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

    $4,589,169

  • 10c · Land, buildings and equipment, net

    beginning of year $379,793 · end of year $1,157,102

  • 11 · Investments: publicly traded securities

    beginning of year $15,284,624 · end of year $16,146,195

  • 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 $33,804,511 · end of year $42,716,392

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,773,732 · end of year $9,699,762

  • 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 $8,785,126 · end of year $17,080,128

  • 27 · Net assets without donor restrictions

    beginning of year $34,656,007 · end of year $29,312,139

  • 28 · Net assets with donor restrictions

    beginning of year $7,820,773 · end of year $12,640,151

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 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 $0 · end of year $0

Mission and programs · 2023

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 $119,315,144 · Grants $112,708 · Revenue $105,832,941

As filed on the 2023 return.

Listed in Part VII

  • Glenn Russo

    Board Chair

    Total calculated
    $0
    Hours/week
    2

  • Gloria Zamora

    Immediate Past Board Chair

    Total calculated
    $0
    Hours/week
    2

  • Jean Kutner

    Co-Vice Chair

    Total calculated
    $0
    Hours/week
    2

  • Peter Fritzinger

    Co-Vice Chair

    Total calculated
    $0
    Hours/week
    2

  • Alyssa Whitehead-Bust

    Director

    Total calculated
    $0
    Hours/week
    2

  • Andrew Sinclair

    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

  • Dominick Moreno

    Director

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • Fatima Rezaie

    Director

    Total calculated
    $0
    Hours/week
    2

  • Jim Taylor

    Director

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • Mary Haynes

    Director

    Total calculated
    $0
    Hours/week
    2

  • Patrick O'Rourke

    Director

    Total calculated
    $0
    Hours/week
    2

  • Teresa Berryman

    Director

    Total calculated
    $0
    Hours/week
    2

  • Aaron Griffen

    Chief Equity Officer

    Total calculated
    $194,173
    From this org
    $163,404
    From related orgs
    $0
    Other
    $30,769
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,839
    Bonus
    $1,350
    Other
    $215
    Deferred
    $8,500
    Nontaxable benefits
    $22,269
    Filer's total
    $194,173

  • Ashley Wiegner

    Chief People Officer

    Total calculated
    $184,689
    From this org
    $169,352
    From related orgs
    $0
    Other
    $15,337
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,218
    Bonus
    $0
    Other
    $134
    Deferred
    $8,755
    Nontaxable benefits
    $6,582
    Filer's total
    $184,689

  • Bill Kurtz - END 042024

    Chief Executive Officer

    Total calculated
    $335,978
    From this org
    $300,925
    From related orgs
    $0
    Other
    $35,053
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $263,715
    Bonus
    $36,590
    Other
    $620
    Deferred
    $13,552
    Nontaxable benefits
    $21,501
    Filer's total
    $335,978

  • Danielle Felder

    Chief External Affairs Officer

    Total calculated
    $198,372
    From this org
    $167,858
    From related orgs
    $0
    Other
    $30,514
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,717
    Bonus
    $0
    Other
    $141
    Deferred
    $8,910
    Nontaxable benefits
    $21,604
    Filer's total
    $198,372

  • Heather Koehler

    Chief Schools Officer

    Total calculated
    $103,724
    From this org
    $102,828
    From related orgs
    $0
    Other
    $896
    Hours/week
    40

  • Nella Garcia Urban

    Chief Executive Officer - BEGIN 04/2024

    Total calculated
    $0
    Hours/week
    40

  • Nicholas Plantan

    Chief Operating Officer

    Total calculated
    $189,206
    From this org
    $160,805
    From related orgs
    $0
    Other
    $28,401
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $160,662
    Bonus
    $0
    Other
    $143
    Deferred
    $8,500
    Nontaxable benefits
    $19,901
    Filer's total
    $189,206

  • Elin Curry

    School Director

    Total calculated
    $142,440
    From this org
    $136,350
    From related orgs
    $0
    Other
    $6,090
    Hours/week
    40

  • Jenna Kalin

    Managing Director of Schools

    Total calculated
    $161,687
    From this org
    $134,530
    From related orgs
    $0
    Other
    $27,157
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,432
    Bonus
    $6,000
    Other
    $98
    Deferred
    $6,340
    Nontaxable benefits
    $20,817
    Filer's total
    $161,687

  • Libby Brien

    Vice President of Teaching, Learning, and Curriculum

    Total calculated
    $166,338
    From this org
    $140,839
    From related orgs
    $0
    Other
    $25,499
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,741
    Bonus
    $7,000
    Other
    $98
    Deferred
    $6,953
    Nontaxable benefits
    $18,546
    Filer's total
    $166,338

  • Natalie Lewis

    Vice President of Leader Development

    Total calculated
    $155,692
    From this org
    $142,014
    From related orgs
    $0
    Other
    $13,678
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,899
    Bonus
    $0
    Other
    $115
    Deferred
    $7,081
    Nontaxable benefits
    $6,597
    Filer's total
    $155,692

  • Rebecca Bloch

    Managing Director of Schools

    Total calculated
    $153,675
    From this org
    $135,370
    From related orgs
    $0
    Other
    $18,305
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,661
    Bonus
    $6,605
    Other
    $104
    Deferred
    $0
    Nontaxable benefits
    $18,305
    Filer's total
    $153,675

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 committee
  • 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 Non-fixed payments
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, 2023, 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
2023
Filed
2 May 2025
IRS schema version
2023v6.0
Source object
202511229349301336

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