Platte River Academy FY2021 filing

Tax-deductible

Hghlnds Ranch, CO501(c)(3)Since 1997EducationEIN 84-1411991

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$224K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
6 of 6
filings with a surplus
Average surplus $1.0M a year · 13% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$224K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $7K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$18.2M
171% of total assets
Concern: liabilities are 171% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.0M
+18% vs prior year
Spent
$6.1M
To programs
82%
Net assets
−$7.6M
By yearFY2020–FY2025
Revenue
$8.0M
FY2021▲ +18%
Revenue by fiscal year
FY2020$6.8M
FY2021$8.0M
FY2022$7.7M
FY2023$6.8M
FY2024$8.4M
FY2025$10.2M
Expenses
$6.1M
FY2021▲ +17%
Expenses by fiscal year
FY2020$5.2M
FY2021$6.1M
FY2022$6.2M
FY2023$6.3M
FY2024$7.7M
FY2025$10.1M
Net assets
−$7.6M
FY2021▲ +20%
Net assets by fiscal year
FY2020−$9.4M
FY2021−$7.6M
FY2022−$6.2M
FY2023−$5.0M
FY2024−$4.3M
FY2025−$4.2M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 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 Jul 1999.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $5.0M Management & general 18% · $1.1M

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

Who runs it and what they're paid

9 people listed on the 990; $224K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director of Academics
$112,150Pt VII · Sec A
Director of Operations
$112,150Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Alan McQueen’s $167K as Director of Operations is at the 23rd percentile of top reported officer pay among 3683 $10–100M 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Alan McQueen$167,157$148,116$117,475$113,713$112,150
Kera Pratt$144,951————
Becky Bonner$6,324$131,548$117,475$113,713$112,150

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.

See Platte River Academy executive salaries →

Are you one of these people? Claim this org to confirm your role

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 15aNo

Programs and updates

Educates K-8 students in a safe environment, focusing on mastery of Core Knowledge curriculum.

Provided by the organization

This section is blank until Platte River Academy claims this page.

Know this organization? Claim it to add your story

1 program service account for $5.0M of program spending, described in the organization's own filed words · FY2020.
01

Provide a content-rich academically rigorous education for grades K-8, with a well-defined sequential curriculum in a safe, orderly and caring enviroment. The major focus is to teach and ensure mastery of Ed Hirsch's core knowledge curriculum to approximately 508 students.

$5.0Mprogram expense

Run this program? Claim this org to tell your story

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 · FY2022
Total grants receivedfrom 1 funder$7K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$8.0M
Ln 12
Fees for servicesLn 2g$4.9M
Other incomeLn 4–11$2.0M
Gifts and grantsLn 1h$1.0M
Money outPt IX
$6.1M
Ln 25
Programscol B$5.0M
Managementcol C$1.1M
Owns and owesPt X
−$7.6M
net assets · Ln 32
Cash and savingsLn 1–2$2.6M
Total assetsLn 16$10.7M
LiabilitiesLn 26$18.2M
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Government grantsLn 1e$998K
Fees for servicesLn 2g$4.9M
Investment incomeLn 3$31K
Other incomeLn 4–11$2.0M
Total revenueLn 12$8.0M
Assets in detailPt X, end of year
CashLn 1$50K
SavingsLn 2$2.6M
Cash and savings togetherLn 1–2$2.6M
InvestmentsLn 11–13$519K
Land, buildings, equipmentLn 10c$3.8M
Other assetsLn 15$2.8M
Total assetsLn 16$10.7M
LiabilitiesLn 26$18.2M
Net assetsLn 32−$7.6M
OperationsPt I, VI
EmployeesI 575
VolunteersI 6200
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 FY21End FY21
Cash and savingsLn 1–2$3.0M$2.6M
InvestmentsLn 11–13$517K$519K
Land, buildings, equipmentLn 10c$3.9M$3.8M
Total assetsLn 16$9.3M$10.7M
LiabilitiesLn 26$18.7M$18.2M
Net assetsLn 32−$9.4M−$7.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$282K$282K
Other salaries and wagesLn 7$3.0M$2.6M$333K
Pension plan contributionsLn 8$560K$499K$61K
Other employee benefitsLn 9$218K$192K$26K
Payroll taxesLn 10$46K$38K$8K
Legal feesLn 11b$570$516$54
Accounting feesLn 11c$4K$4K$387
Advertising and promotionLn 12$3K$3K$281
Office expensesLn 13$70K$64K$6K
Information technologyLn 14$189K$125K$64K
OccupancyLn 16$276K$74K$203K
TravelLn 17$4K$4K$379
InterestLn 20$291K$291K
Depreciation, depletion and amortizationLn 22$124K$99K$25K
Other expenses (24a–d)Ln 24$1.1M$976K$89K
All other expensesLn 24e$12K$12K
Total functional expensesLn 25$6.1M$5.0M$1.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $10.2M$10.1M$120K−$4.2M 990 PDF
FY2024 $8.4M$7.7M$687K−$4.3M 990 PDF
FY2023 $6.8M$6.3M$492K−$5.0M 990 PDF
FY2022 $7.7M$6.2M$1.5M−$6.2M 990 PDF
FY2021 Viewing $8.0M$6.1M$1.9M−$7.6M 990 PDF
FY2020 $6.8M$5.2M$1.5M−$9.4M 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $7,959,641 across 8 lines filed
Lines not itemized here account for $1,932 of total revenue; see the IRS return.
VIII-1e Government grants$997,633
VIII-1f All other contributions, gifts and grants$5,901
VIII-1h Total contributions, gifts and grants$1,003,534
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,885,208$4,885,208
VIII-3 Investment incomeExcluded from tax $30,784$30,784
VIII-6 Net rental income or lossRelated to mission $10,494$10,494
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,027,689$2,027,689
VIII-12 Total revenueRelated to mission $6,925,323 · Unrelated business $0 · Excluded from tax $30,784$7,959,641
Part IX · Statement of functional expenses $6,103,939 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $282,175$282,175
IX-7 Other salaries and wagesPrograms $2,624,915 · Management $332,595$2,957,510
IX-8 Pension plan contributionsPrograms $499,411 · Management $60,935$560,346
IX-9 Other employee benefitsPrograms $191,709 · Management $25,981$217,690
IX-10 Payroll taxesPrograms $38,293 · Management $8,106$46,399
IX-11b Legal feesPrograms $516 · Management $54$570
IX-11c Accounting feesPrograms $3,682 · Management $387$4,069
IX-12 Advertising and promotionPrograms $2,965 · Management $281$3,246
IX-13 Office expensesPrograms $64,014 · Management $6,088$70,102
IX-14 Information technologyPrograms $125,142 · Management $64,276$189,418
IX-16 OccupancyPrograms $73,657 · Management $202,644$276,301
IX-17 TravelPrograms $4,000 · Management $379$4,379
IX-20 InterestPrograms $291,311$291,311
IX-22 Depreciation, depletion and amortizationPrograms $99,002 · Management $24,751$123,753
IX-24 Other expenses (24a–d)Programs $975,819 · Management $89,268$1,065,087
IX-24e All other expensesPrograms $11,583$11,583
IX-25 Total functional expensesPrograms $5,006,019 · Management $1,097,920 · Fundraising $0$6,103,939
Part X · Balance sheet $10,666,396 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $651,877$49,791
X-2 Savings and temporary cash investmentsStart of year $2,357,325$2,553,443
X-4 Accounts receivableStart of year $26,985$179,066
X-10c Land, buildings and equipment, netStart of year $3,919,495$3,795,742
X-12 Other securitiesStart of year $516,784$518,999
X-14 Intangible assetsStart of year $855,335$792,750
X-15 Other assetsStart of year $964,053$2,776,605
X-16 Total assetsStart of year $9,291,854$10,666,396
X-17 Accounts payable and accrued expensesStart of year $509,791$466,528
X-19 Deferred revenueStart of year $105,507$4,680
X-20 Tax-exempt bond liabilitiesStart of year $5,855,803$5,714,428
X-25 Other liabilitiesStart of year $12,248,951$12,053,256
X-26 Total liabilitiesStart of year $18,720,052$18,238,892
X-32 Total net assets or fund balancesStart of year −$9,428,198−$7,572,496
X-33 Total liabilities and net assetsStart of year $9,291,854$10,666,396
Part XI · Reconciliation of net assets −$7,572,496 net assets at year end
XI-1 Total revenue$7,959,641
XI-2 Total expenses$6,103,939
XI-3 Revenue less expenses$1,855,702
XI-4 Net assets at start of year−$9,428,198
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$7,572,496

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.