Colorado Academy
Colorado Academy reported $54.2 million in revenue and $51.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.16 went to program services, $11.78 to management and general costs and $4.06 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 82.6% of the total. The highest compensation it reported for one person was $589,866 (HEAD OF SCHOOL). 38 people received more than $100,000 in reportable compensation. Revenue rose 43% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $52MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $54MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.1% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.51 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 7.6% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.5% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 82.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $589,866 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.14% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 38 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 29.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 24 of 24 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseEducation of 1,032 students in grades pre-k through 12. Colorado Academy strives for academic excellence and the highest standards of achievement through academic studies, athletic pursuits, artistic ventures, summer programs, and extracurricular activities. Students learn to think and create as they forge a life-long learning adventure
Summer and other programs for approximately 2,700 students includes a traditional summer camp, specialty camps, and the horizons program. The summer program at Colorado Academy, founded in 1951, provides a variety of activities to more than 500 kids (ages 4 through 18) for eight weeks each summer. The programs are fun, engaging, and challenging-both intellectually and physically. Horizons at Colorado Academy is one of over 60 affiliates around the country that provides extensive enrichment programming for underserved youth in and around denver. Since its founding in 1998, the program has…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| HEAD OF SCHOOL Officer, 40.00 hrs/week | $538,301 | $0 | $51,565 | $589,866 |
| CFOO Officer, 40.00 hrs/week | $267,566 | $0 | $31,047 | $298,613 |
| DIRECTOR OF ADVANCEMENT Highest compensated employee, 40.00 hrs/week | $224,700 | $0 | $13,464 | $238,164 |
| UPPER SCHOOL PRINCIPAL Highest compensated employee, 40.00 hrs/week | $182,530 | $0 | $41,514 | $224,044 |
| MIDDLE SCHOOL PRINCIPAL Highest compensated employee, 40.00 hrs/week | $189,302 | $0 | $32,397 | $221,699 |
| LOWER SCHOOL PRINCIPAL Highest compensated employee, 40.00 hrs/week | $195,507 | $0 | $24,949 | $220,456 |
| DIRECTOR OF COMMUNICATIONS Highest compensated employee, 40.00 hrs/week | $181,371 | $0 | $32,567 | $213,938 |
| ASSISTANT HEAD OF SCHOOL Officer, 40.00 hrs/week | $139,065 | $0 | $17,549 | $156,614 |
38 people received more than $100,000 in reportable compensation from Colorado Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b24 · 24 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5651
- Volunteers Part I, line 6650
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| DIAMOND CONTRACTING CORP Construction services | $1,426,533 |
| SODEXO INC Food services | $1,413,494 |
| TOTAL CONCRETE SERVICES Construction services | $880,010 |
| ENVIRONMENTAL LANDWORKS COMPANY Construction services | $803,794 |
| FRANSEN PITTMAN GENERAL CONTRACTORS Construction services | $439,300 |
Individuals listed as contractors are left out. 32 contractors were paid more than $100,000 in all.
Private foundation grants it received
31 private foundations reported grants to Colorado Academy totaling $882K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Colorado Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Colorado Academy, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Colorado Academy spent in FY2025, $84.16 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- St George's SchoolMiddletown, RI · revenue $54M · programs 79.4% · FY2025
- Summit Public SchoolsRedwood City, CA · revenue $54M · programs 90.8% · FY2025
- The Buckley SchoolSherman Oaks, CA · revenue $54M · programs 82.6% · FY2025
- Universidad Politecnica de Puerto RicoSan Juan, PR · revenue $54M · programs 62.6% · FY2025
- California University of Science and MedicineColton, CA · revenue $54M · programs 75.0% · FY2025
Questions people ask
How much of Colorado Academy's spending goes to programs?
In the fiscal year ending June 30, 2025, Colorado Academy reported that 84.2% of its $51.5 million in expenses went to program services, 11.8% to management and general and 4.1% to fundraising (Form 990, Part IX).
How much does Colorado Academy pay its top executive?
The largest total compensation Colorado Academy reported for one person in the fiscal year ending June 30, 2025 was $589,866, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Colorado Academy get its money?
Of $54.2 million in revenue in the fiscal year ending June 30, 2025, 7.6% came from contributions and grants (including 0.5% from government grants) and 82.6% from program service revenue (Form 990, Part VIII).
Is Colorado Academy a registered charity?
The IRS lists EIN 84-0421874 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202630619349301163 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520989349300822 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202430969349300948 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310939349301676 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231229349302218 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131249349301628 · read the filing
All filings for EIN 84-0421874: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.