Crestone Charter School FY2020 filing

Tax-deductible

Crestone, CO501(c)(3)Since 1995EducationEIN 84-1314538Revenue $1.8M in FY2020

On file with the IRSPo Box 400, 81131-0400 · Crestone, COTax-exempt since Mar 1996School — 170(b)(1)(A)(ii)

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Crestone Charter School is a k-12 non-graded School educating students with diverse methods applicable to the proficiency-based education with an outdoor component.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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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 $183K a year · 8% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
15 mo
of spending, in cash
Looks good: 15.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $40K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$362K
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
Spent
$1.4M
To programs
68%
Net assets
$1.4M
By yearFY2020–FY2025
Revenue
$1.8M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.8M
FY2021$1.9M
FY2022$1.9M
FY2023$2.2M
FY2024$2.4M
FY2025$2.9M
Expenses
$1.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$1.5M
FY2022$1.8M
FY2023$2.1M
FY2024$2.3M
FY2025$2.9M
Net assets
$1.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$1.8M
FY2022$7.0M
FY2023$5.8M
FY2024$5.3M
FY2025$5.2M

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

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1996.

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

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $940K Management & general 32% · $447K

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

6 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
Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Thomas a Cleary’s $54K as Executive Dir. is at the 8th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2022
Thomas a Cleary$54,393$58,350$28,035

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 K-12 students with diverse, proficiency-based methods and outdoor learning.

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Provided by the organization

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1 program · $940K · in their own filed words · FY2019
01

The school has completed the process of making it's proficiency based education transparent and accountable. Student progress is now recorded in the student information system and accessible by teachers, students, and families. The travel component is an area of emphasis for the school.

$940Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$40K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.4M
Gifts and grantsLn 1h$407K
Investment incomeLn 3$2K
Money outPt IX
$1.4M
Ln 25
Programscol B$940K
Managementcol C$447K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.8M
Total assetsLn 16$1.8M
LiabilitiesLn 26$362K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$407K
Government grantsLn 1e$343K
Fees for servicesLn 2g$1.4M
Investment incomeLn 3$2K
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$1.8M
Cash and savings togetherLn 1–2$1.8M
Total assetsLn 16$1.8M
LiabilitiesLn 26$362K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 537
VolunteersI 622
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.1M$1.8M
Total assetsLn 16$1.2M$1.8M
LiabilitiesLn 26$136K$362K
Net assetsLn 32$1.0M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$59K$0$59K$0
Other salaries and wagesLn 7$510K$462K$48K$0
Pension plan contributionsLn 8$119K$95K$24K$0
Other employee benefitsLn 9$87K$66K$20K$0
Payroll taxesLn 10$12K$10K$2K$0
Management feesLn 11a$237K$0$237K$0
Legal feesLn 11b$4K$0$4K$0
Accounting feesLn 11c$7K$0$7K$0
Other fees for servicesLn 11g$70K$40K$30K$0
Advertising and promotionLn 12$2K$0$2K$0
Office expensesLn 13$1K$0$1K$0
OccupancyLn 16$42K$42K$0$0
TravelLn 17$36K$29K$8K$0
InsuranceLn 23$5K$4K$2K$0
Other expenses (24a–d)Ln 24$196K$193K$3K$0
Total functional expensesLn 25$1.4M$940K$447K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.9M$2.9M−$71K$5.2M 990 PDF
FY2024 $2.4M$2.3M$86K$5.3M 990 PDF
FY2023 $2.2M$2.1M$135K$5.8M 990 PDF
FY2022 $1.9M$1.8M$174K$7.0M 990 PDF
FY2021 $1.9M$1.5M$399K$1.8M 990 PDF
FY2020 Viewing $1.8M$1.4M$378K$1.4M 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 $1,764,427 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $267,170$406,760
I-9 Program service revenuePrior year $1,171,197$1,355,547
I-10 Investment incomePrior year $6,219$2,120
I-11 Other revenue$0
I-12 Total revenuePrior year $1,444,586$1,764,427
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $766,163$787,488
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $537,692$598,854
I-18 Total expensesPrior year $1,303,855$1,386,342
I-19 Revenue less expensesPrior year $140,731$378,085
Part VI · Governance 5 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,764,427 across 6 lines filed
VIII-1e Government grants$342,819
VIII-1f All other contributions, gifts and grants$63,941
VIII-1h Total contributions, gifts and grants$406,760
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$1,355,547
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$2,120
VIII-12 Total revenueRelated to mission $1,357,667 · Unrelated business $0 · Excluded from tax $0$1,764,427
Part IX · Statement of functional expenses $1,386,342 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $59,434 · Fundraising $0$59,434
IX-7 Other salaries and wagesPrograms $461,987 · Management $47,906 · Fundraising $0$509,893
IX-8 Pension plan contributionsPrograms $95,145 · Management $24,321 · Fundraising $0$119,466
IX-9 Other employee benefitsPrograms $66,129 · Management $20,425 · Fundraising $0$86,554
IX-10 Payroll taxesPrograms $10,274 · Management $1,867 · Fundraising $0$12,141
IX-11a Management feesPrograms $0 · Management $237,079 · Fundraising $0$237,079
IX-11b Legal feesPrograms $0 · Management $3,630 · Fundraising $0$3,630
IX-11c Accounting feesPrograms $0 · Management $6,850 · Fundraising $0$6,850
IX-11g Other fees for servicesPrograms $39,751 · Management $30,100 · Fundraising $0$69,851
IX-12 Advertising and promotionPrograms $0 · Management $1,536 · Fundraising $0$1,536
IX-13 Office expensesPrograms $0 · Management $1,083 · Fundraising $0$1,083
IX-16 OccupancyPrograms $41,558 · Management $0 · Fundraising $0$41,558
IX-17 TravelPrograms $28,506 · Management $7,664 · Fundraising $0$36,170
IX-23 InsurancePrograms $3,606 · Management $1,791 · Fundraising $0$5,397
IX-24 Other expenses (24a–d)Programs $192,757 · Management $2,943 · Fundraising $0$195,700
IX-25 Total functional expensesPrograms $939,713 · Management $446,629 · Fundraising $0$1,386,342
Part X · Balance sheet $1,795,969 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $1,144,399$1,760,309
X-3 Pledges and grants receivableStart of year $22,932$29,981
X-4 Accounts receivableStart of year $4,865$5,679
X-16 Total assetsStart of year $1,172,196$1,795,969
X-17 Accounts payable and accrued expensesStart of year $72,363$62,994
X-19 Deferred revenueStart of year $25,907$260,150
X-25 Other liabilitiesStart of year $37,920$38,800
X-26 Total liabilitiesStart of year $136,190$361,944
X-27 Net assets without donor restrictionsStart of year $815,867$1,177,912
X-28 Net assets with donor restrictionsStart of year $220,139$256,113
X-32 Total net assets or fund balancesStart of year $1,036,006$1,434,025
X-33 Total liabilities and net assetsStart of year $1,172,196$1,795,969
Part XI · Reconciliation of net assets $1,434,025 net assets at year end
XI-1 Total revenue$1,764,427
XI-2 Total expenses$1,386,342
XI-3 Revenue less expenses$378,085
XI-4 Net assets at start of year$1,036,006
XI-8 Prior period adjustments$19,934
XI-10 Net assets at end of year$1,434,025

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

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