Lowell Whiteman School FY2020 filing

Tax-deductible

Steamboat Spr, CO501(c)(3)Since 1957EIN 84-0469317Revenue $3.3M in FY2020

On file with the IRSsteamboatmountainschool.org42605 County Road 36, 80487-9215 · Steamboat Spr, COTax-exempt since Feb 1958School — 170(b)(1)(A)(ii)

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Private college preparation boarding and day School for approximately 60 students.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $609K a year · 10% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $244K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.9M
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.3M
Spent
$3.0M
To programs
83%
Net assets
$6.4M
By yearFY2020–FY2025
Revenue
$3.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$3.3M
FY2021$4.8M
FY2022$6.6M
FY2023$7.2M
FY2024$8.1M
FY2025$8.0M
Expenses
$3.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$3.0M
FY2021$4.3M
FY2022$5.3M
FY2023$6.3M
FY2024$7.3M
FY2025$8.2M
Net assets
$6.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$6.4M
FY2021$9.5M
FY2022$10.1M
FY2023$11.1M
FY2024$11.9M
FY2025$11.8M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1958.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $2.5M Management & general 15% · $441K Fundraising 2% · $73K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Samantha C Donnel$250,000$250,000$189,288$180,000
Andy Weynand—$115,000——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates about 60 students in a private college preparatory boarding and day school.

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Provided by the organization

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1 program · $2.5M · in their own filed words · FY2019
01

Private college preparation boarding and day schoolserving approx 60 students

$2.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 1 grant · $1.1M · 2023–2023
Unitemized GrantFY2023$1,094,578

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.3M
Ln 12
Fees for servicesLn 2g$2.5M
Gifts and grantsLn 1h$521K
Investment incomeLn 3$265K
Money outPt IX
$3.0M
Ln 25
Programscol B$2.5M
Managementcol C$441K
Fundraisingcol D$73K
Owns and owesPt X
$6.4M
net assets · Ln 32
Cash and savingsLn 1–2$89K
Total assetsLn 16$9.3M
LiabilitiesLn 26$2.9M
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$521K
Government grantsLn 1e$215K
Fees for servicesLn 2g$2.5M
Investment incomeLn 3$265K
Gains on assetsLn 7$228K
Total revenueLn 12$3.3M
Assets in detailPt X, end of year
CashLn 1$89K
Cash and savings togetherLn 1–2$89K
InvestmentsLn 11–13$2.9M
Land, buildings, equipmentLn 10c$5.5M
Total assetsLn 16$9.3M
LiabilitiesLn 26$2.9M
Net assetsLn 32$6.4M
OperationsPt I, VI
EmployeesI 533
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.6M$89K
InvestmentsLn 11–13$1.3M$2.9M
Land, buildings, equipmentLn 10c$5.7M$5.5M
Total assetsLn 16$9.1M$9.3M
LiabilitiesLn 26$2.8M$2.9M
Net assetsLn 32$6.3M$6.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$844K$844K
Pay of current officers, directors and key staffLn 5$91K$14K$68K$9K
Other salaries and wagesLn 7$804K$569K$198K$37K
Pension plan contributionsLn 8$24K$15K$7K$1K
Other employee benefitsLn 9$135K$88K$40K$7K
Payroll taxesLn 10$67K$44K$20K$3K
Accounting feesLn 11c$18K$18K
Other fees for servicesLn 11g$9K$9K
Advertising and promotionLn 12$43K$28K$13K$2K
Information technologyLn 14$37K$13K$24K$451
OccupancyLn 16$89K$89K
InterestLn 20$66K$66K
Depreciation, depletion and amortizationLn 22$248K$248K
InsuranceLn 23$149K$131K$17K$877
Other expenses (24a–d)Ln 24$346K$297K$36K$13K
Total functional expensesLn 25$3.0M$2.5M$441K$73K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $8.0M$8.2M−$179K$11.8M 990 PDF
FY2024 $8.1M$7.3M$772K$11.9M 990 PDF
FY2023 $7.2M$6.3M$960K$11.1M 990 PDF
FY2022 $6.6M$5.3M$1.3M$10.1M 990 PDF
FY2021 $4.8M$4.3M$499K$9.5M 990 PDF
FY2020 Viewing $3.3M$3.0M$331K$6.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $3,300,452 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $226,448$520,707
I-9 Program service revenuePrior year $2,792,744$2,515,084
I-10 Investment incomePrior year $44,463$264,661
I-11 Other revenue$0
I-12 Total revenuePrior year $3,063,655$3,300,452
I-13 Grants and similar amounts paidPrior year $813,098$843,900
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,068,945$1,120,350
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,067,931$1,005,093
I-18 Total expensesPrior year $2,949,974$2,969,343
I-19 Revenue less expensesPrior year $113,681$331,109
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,300,452 across 7 lines filed
VIII-1e Government grants$215,000
VIII-1f All other contributions, gifts and grants$305,707
VIII-1h Total contributions, gifts and grants$520,707
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,515,084$2,515,084
VIII-3 Investment incomeRelated to mission $36,749$36,749
VIII-7 Net gain or loss on sales of assetsRelated to mission $227,912$227,912
VIII-12 Total revenueRelated to mission $2,779,745 · Unrelated business $0 · Excluded from tax $0$3,300,452
Part IX · Statement of functional expenses $2,969,343 across 15 lines filed
IX-2 Grants to domestic individualsPrograms $843,900$843,900
IX-5 Pay of current officers, directors and key staffPrograms $13,590 · Management $67,950 · Fundraising $9,060$90,600
IX-7 Other salaries and wagesPrograms $569,332 · Management $198,019 · Fundraising $36,520$803,871
IX-8 Pension plan contributionsPrograms $15,399 · Management $7,026 · Fundraising $1,204$23,629
IX-9 Other employee benefitsPrograms $88,272 · Management $40,277 · Fundraising $6,902$135,451
IX-10 Payroll taxesPrograms $43,533 · Management $19,862 · Fundraising $3,404$66,799
IX-11c Accounting feesManagement $17,855$17,855
IX-11g Other fees for servicesPrograms $8,503$8,503
IX-12 Advertising and promotionPrograms $28,210 · Management $12,871 · Fundraising $2,206$43,287
IX-14 Information technologyPrograms $12,868 · Management $23,740 · Fundraising $451$37,059
IX-16 OccupancyPrograms $89,138$89,138
IX-20 InterestPrograms $65,635$65,635
IX-22 Depreciation, depletion and amortizationPrograms $248,271$248,271
IX-23 InsurancePrograms $131,462 · Management $17,134 · Fundraising $877$149,473
IX-24 Other expenses (24a–d)Programs $297,450 · Management $35,901 · Fundraising $12,521$345,872
IX-25 Total functional expensesPrograms $2,455,563 · Management $440,635 · Fundraising $73,145$2,969,343
Part X · Balance sheet $9,309,113 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,552,970$88,587
X-3 Pledges and grants receivableStart of year $37,388$27,404
X-4 Accounts receivableStart of year $438,793$804,701
X-9 Prepaid expenses and deferred chargesStart of year $36,365$8,810
X-10c Land, buildings and equipment, netStart of year $5,728,054$5,479,783
X-11 Publicly traded securitiesStart of year $1,333,665$2,899,828
X-16 Total assetsStart of year $9,127,235$9,309,113
X-17 Accounts payable and accrued expensesStart of year $67,420$43,095
X-19 Deferred revenueStart of year $1,368,557$1,541,454
X-26 Total liabilitiesStart of year $2,846,487$2,917,620
X-27 Net assets without donor restrictionsStart of year $5,062,744$5,030,088
X-28 Net assets with donor restrictionsStart of year $1,218,004$1,361,405
X-32 Total net assets or fund balancesStart of year $6,280,748$6,391,493
X-33 Total liabilities and net assetsStart of year $9,127,235$9,309,113
Part XI · Reconciliation of net assets $6,391,493 net assets at year end
XI-1 Total revenue$3,300,452
XI-2 Total expenses$2,969,343
XI-3 Revenue less expenses$331,109
XI-4 Net assets at start of year$6,280,748
XI-5 Net unrealized gains (losses) on investments−$220,364
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,391,493

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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