Totals
- Total revenue
- $58,204,623
- Total expenses
- $60,231,488
- Contributions and grants received
- $15,657,978
- Grants paid
- $0
- Program service revenue
- $41,857,940
- Investment income
- $315,562
- Other revenue
- $373,143
- Total assets, end of year
- $31,611,653
- Total liabilities, end of year
- $38,930,442
- Net assets or fund balances, end of year
- -$7,318,789
- Program services expenses (Part IX)
- $46,179,648
- Management and general expenses
- $14,051,840
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $46,179,648
Program services were 76.7% 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.
-
1e · Government grants (contributions)
$12,378,755
-
1f · All other contributions, gifts and grants
$3,279,223
-
2a · Program service revenue: Per Pupil Revenue
total $32,560,635 · related or exempt $32,560,635
-
2b · Program service revenue: District Mill Levy
total $9,297,305 · related or exempt $9,297,305
-
3 · Investment income
total $315,562 · excluded $315,562
-
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
-
7d · Net gain or loss
total $0
-
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 Revenue
total $373,143 · related or exempt $373,143
-
11e · Other revenue, total
$373,143
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
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 $731,366 · program services $273,935 · management and general $457,431
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $33,294,612 · program services $24,970,959 · management and general $8,323,653
-
8 · Pension plan contributions
total $7,924,247 · program services $5,943,185 · management and general $1,981,062
-
9 · Other employee benefits
total $4,521,079 · program services $3,390,809 · management and general $1,130,270
-
10 · Payroll taxes
total $564,448 · program services $423,336 · management and general $141,112
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $80,725 · management and general $80,725
-
11c · Fees: accounting
total $55,825 · management and general $55,825
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $2,338,322 · program services $1,847,275 · management and general $491,047
-
12 · Advertising and promotion
total $5,688 · management and general $5,688
-
13 · Office expenses
total $857,418 · program services $634,489 · management and general $222,929
-
14 · Information technology
total $688,528 · program services $557,708 · management and general $130,820
-
15 · Royalties
total $0
-
16 · Occupancy
total $3,042,141 · program services $2,555,398 · management and general $486,743
-
17 · Travel
total $1,132,750 · program services $1,132,750
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $442,502 · management and general $442,502
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $243,697 · program services $204,705 · management and general $38,992
-
24a · Other expenses: Classroom Supplies
total $366,983 · program services $366,983
-
24b · Other expenses: Textbooks/Library
total $562,825 · program services $562,825
-
24c · Other expenses: Licensing
total $630,892 · program services $630,892
-
24d · Other expenses: Special Events
total $700,459 · program services $637,418 · management and general $63,041
-
24e · All other expenses
total $2,046,981 · program services $2,046,981
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,505,145 · end of year $2,768,626
-
2 · Savings and temporary cash investments
beginning of year $6,912,110 · end of year $18,036,872
-
3 · Pledges and grants receivable
beginning of year $1,313,057 · end of year $3,201,066
-
4 · Accounts receivable
beginning of year $64,239 · end of year $829,583
-
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 $50,000
-
8 · Inventories for sale or use
beginning of year $79,359 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $236,211 · end of year $130,284
-
10a · Land, buildings and equipment: cost or other basis
$6,087,905
-
10b · Land, buildings and equipment: accumulated depreciation
$517,473
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $5,570,432
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
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 $1,310,284 · end of year $1,024,790
-
17 · Accounts payable and accrued expenses
beginning of year $1,253,452 · end of year $2,193,107
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $465,490 · end of year $85,082
-
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 $1,866,866 · end of year $36,652,253
-
29 · Capital stock, trust principal or current funds
beginning of year $12,380,466 · end of year $28,277,367
-
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 -$545,869 · end of year -$35,596,156
Mission and programs · 2022
Mission
SUCCESS FOR EVERY STUDENT THROUGH A DEMANDING EDUCATION OF HIGH STANDARDS, STRUCTURE AND ACCOUNTABILITY, STRIVE PREPARATORY SCHOOLS PREPARE STUDENTS FOR EDUCATIONAL SUCCESS FROM ELEMENTARY THROUGH HIGH SCHOOL.
Activities or mission (Part I)
SEE SCHEDULE O
-
STRIVE 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 3,300 STUDENTS.
Expenses $46,179,648 · Revenue $42,231,083
As filed on the 2022 return.
Listed in Part VII
-
Jessica Johnson
interim CEO - thru 11/22
- Total calculated
- $257,766
- From this org
- $221,658
- From related orgs
- $0
- Other
- $36,108
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $167,491
- Bonus
- $20,000
- Other
- $34,167
- Deferred
- $27,632
- Nontaxable benefits
- $8,476
- Filer's total
- $257,766
-
Josh DevonJOSH DEVON
Chief Financial Officer
- Total calculated
- $257,631
- From this org
- $219,982
- From related orgs
- $0
- Other
- $37,649
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $179,982
- Bonus
- $0
- Other
- $40,000
- Deferred
- $32,460
- Nontaxable benefits
- $5,189
- Filer's total
- $257,631
-
Mika Krause - thru 0123
interim chief schools officer
- Total calculated
- $213,702
- From this org
- $181,389
- From related orgs
- $0
- Other
- $32,313
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,139
- Bonus
- $0
- Other
- $38,250
- Deferred
- $26,037
- Nontaxable benefits
- $6,276
- Filer's total
- $213,702
-
Elisha Roberts - thru 1022
Chief Academic Officer
- Total calculated
- $210,968
- From this org
- $178,221
- From related orgs
- $0
- Other
- $32,747
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,721
- Bonus
- $0
- Other
- $30,500
- Deferred
- $26,641
- Nontaxable benefits
- $6,106
- Filer's total
- $210,968
-
Adam Lenzmeier
VP of Schools
- Total calculated
- $192,039
- From this org
- $167,331
- From related orgs
- $0
- Other
- $24,708
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $135,831
- Bonus
- $0
- Other
- $31,500
- Deferred
- $24,708
- Nontaxable benefits
- $0
- Filer's total
- $192,039
-
Andrew Huber
Chief Operations Officer
- Total calculated
- $189,602
- From this org
- $159,292
- From related orgs
- $0
- Other
- $30,310
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $139,292
- Bonus
- $0
- Other
- $20,000
- Deferred
- $25,121
- Nontaxable benefits
- $5,189
- Filer's total
- $189,602
-
Chris Gibbons - thru 0822
Chief Executive Officer
- Total calculated
- $163,277
- From this org
- $133,981
- From related orgs
- $0
- Other
- $29,296
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $133,981
- Bonus
- $0
- Other
- $0
- Deferred
- $25,758
- Nontaxable benefits
- $3,538
- Filer's total
- $163,277
-
Daniella Morello - thru 0822
Chief External Affairs Officer
- Total calculated
- $159,074
- From this org
- $130,372
- From related orgs
- $0
- Other
- $28,702
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $130,372
- Bonus
- $0
- Other
- $0
- Deferred
- $23,513
- Nontaxable benefits
- $5,189
- Filer's total
- $159,074
-
Andrew McKee
Principal
- Total calculated
- $149,815
- From this org
- $123,748
- From related orgs
- $0
- Other
- $26,067
- Hours/week
- 40
-
Chelsea Yondo
Principal
- Total calculated
- $136,298
- From this org
- $114,091
- From related orgs
- $0
- Other
- $22,207
- Hours/week
- 40
-
Catherine Dance
PRINCIPAL
- Total calculated
- $134,142
- From this org
- $111,002
- From related orgs
- $0
- Other
- $23,140
- Hours/week
- 40
-
Susan Morris - thru 0922
Managing Director
- Total calculated
- $119,243
- From this org
- $103,969
- From related orgs
- $0
- Other
- $15,274
- Hours/week
- 40
-
Amber Valdez
Board Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Kayla Tibbals
Board Chair
- Total calculated
- $0
- Hours/week
- 2
-
Dietz Fry
Board Treasurer
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Ulysses Estrada
Board Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Abi Fadeyi
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Josh Rael
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Peter Groff
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Reed Dixon
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Leticia Levya
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Toni Salais-Alvarado
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Tricia NoyolaTRICIA NOYOLA
CEO - STARTED 11/22
- Total calculated
- $0
- Hours/week
- 40
-
Indrina Kanth - Chief
External Relations Officer
- Total calculated
- $0
- Hours/week
- 40
-
Yana Smith
Chief Equity & People Officer
- Total calculated
- $0
- Hours/week
- 40
-
Christy Sadri - President
Chief Academic Officer
- Total calculated
- $0
- Hours/week
- 40
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 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 7 · Other non-fixed payments
Answered no
- 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 4a
- DESCRIPTION OF SEVERANCE OR CHANGE OF CONTROL PAYMENT: ELISHA ROBERTS AND JESSICA JOHNSON BOTH RECEIVED A QUALIFYING PAYMENT. - JESSICA JOHNSON $34,167 - ELISHA ROBERTS $34,744
- SCHEDULE J, PART I, LINE 7
- NON FIXED PAYMENTS: Based on meeting academic performance targets at the network, STRIVE may pay bonuses to its officers. There is no guarantee that bonuses will be paid each year.
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.
-
W DENVER PREP CHARTER SCHOOL BLDG CORP
501(C)(2) · REAL ESTATE · CO · controlled entity
Directly controlled by STRIVE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431369349307338
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