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Aspen Prep Academy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200896938 ✦ Greenwood village, CO ✦ Designated as a 501(c)(3)

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Overview

What is Aspen Prep Academy?

Aspen Prep Academy is an independent school located at 5859 South University Boulevard, Greenwood Village, Colorado 80121. With around 400 students from pre-K to 8th grade, Aspen Prep Academy fosters a nurturing environment where students, parents, and educators can thrive and grow. The academy's mission is to inspire and educate its students and educators, instilling values such as kindness, hard work, and community betterment. The academy employs 103 individuals and is a recognized leader in innovative and transformative education.


Official website here: www.aspenacademy.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)

Aspen Prep Academy has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The nonprofit's strong score is primarily driven by its excellent practices, particularly in governance, with 100% of board members being independent and a well-structured audit and oversight committee. These measures suggest a commitment to transparency and effective management of resources.

The organization has demonstrated significant strengths, such as maintaining an impressive program expense ratio of nearly 86%, indicating that a substantial portion of its funds is directed toward its programs. Furthermore, it has established comprehensive policies for conflict of interest, whistleblower protection, and document retention, which contribute to its overall accountability framework.

However, there is a noted limitation regarding the ratio of liabilities to assets, which scored 0 out of 15 points. This aspect may raise concerns about the organization’s financial stability and ability to manage its obligations effectively. Overall, while Aspen Prep Academy showcases many positive attributes, potential donors and stakeholders may want to consider its financial leverage.


This AI summary has been generated from information found on Charity Navigator.

Is Aspen Prep Academy legitimate?

Aspen Prep Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspen Prep Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $806,565
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,866,131

For more financial information, click here


Official website here: www.aspenacademy.org

What is the mission statement of Aspen Prep Academy?

Aspen Prep Academy's mission is to cultivate and inspire students and educators to grow, learn, and lead. This independent school, serving around 400 students from prekindergarten through eighth grade, promotes values that resonate with its community. These values include kindness, doing good, working hard, and making the world a better place. The academy is recognized as a pioneer in innovative and transformative education. Its students and members embrace the ethos to learn, develop, and lead, shaping them into responsible and compassionate individuals.


Official website here: www.aspenacademy.org

Who is the CEO of Aspen Prep Academy?

Kristina Scala is the Head Of Scho of Aspen Prep Academy.


Official website here: www.aspenacademy.org

What is the revenue of Aspen Prep Academy?

Aspen Prep Academy's revenue in 2023 was $13,097,532.


Official website here: www.aspenacademy.org

Who are the executives of Aspen Prep Academy and what are their salaries?

The average compensation at Aspen Prep Academy during 2023 was $55,075. There are 103 employees and 450 volunteers at Aspen Prep Academy.


Here are 16 key members and their salaries:


Kristina Scala (Head Of Scho)
  • Compensation: $938,582
  • Related: $0
  • Other: $46,163
Lynda Sailor (Co-Founder/B)
  • Compensation: $237,088
  • Related: $0
  • Other: $41,192
Lori Taylor (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corinne Lengsfeld (Gov/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denis Patrick Gibbs (Finance/Audi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Goodspeed (Advancement)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Meegan (Compensation)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Watters (Investment C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Bough (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Good (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Guerra (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lew King (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arjun Sen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Tucker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Park (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aspenacademy.org

Where can I find the form 990 for Aspen Prep Academy?

Aspen Prep Academy's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.aspenacademy.org

Learn more at the official website: www.aspenacademy.org

Mission Statement of Aspen Prep Academy

Aspen Prep Academy, a leading independent school, is dedicated to nurturing and motivating students and educators to develop, learn, and lead. This institution serves around 400 students from Pre-K to 8th grade, fostering an atmosphere of growth and innovation. The values held by Aspen Prep Academy's students and community members are centered on kindness, hard work, doing good, and making the world a better place.

At Aspen Prep Academy, there's a strong emphasis on edification and inspiration. The academy's mission is to cultivate students and educators, enabling them to grow, learn, and lead. By instilling a sense of kindness, the school fosters a supportive environment where students can develop essential social skills. The 'Do Good' ethos encourages students to be active members of their communities and contribute positively to society. The 'Work Hard' mindset instills a strong work ethic, preparing students for academic success and future challenges. Lastly, the 'Make the World Better' value encourages students to be socially conscious and strive for positive change.

Aspen Prep Academy stands out as a national pioneer in transformative education. By combining innovative teaching methods with a strong focus on character development, the academy empowers its students to become well-rounded individuals. Aspen Prep Academy's students and community members embody these values, creating a vibrant and engaged learning community.

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Impact




October, 2024

Aspen Prep Academy profoundly impacts its community by edifying and inspiring students, educators, and parents to pursue growth, learning, and leadership. Serving approximately 400 students from preschool through eighth grade, the academy cultivates a transformative educational environment that emphasizes the core values of kindness, hard work, and making the world a better place.

Through innovative educational practices, Aspen Prep Academy not only prepares students for academic success but also instills a sense of responsibility and community involvement. By fostering curiosity and a love of learning, the academy empowers students to lead and contribute positively to society. The supportive atmosphere encourages collaboration among students, educators, and families, creating a dedicated community committed to personal and collective growth.

Ultimately, Aspen Prep Academy serves as a model for educational excellence, inspiring students and educators alike to embrace their potential and strive for meaningful impact in their lives and the broader world.




This information is meant to be a general summary of Aspen Prep Academy. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$13,097,532 (2023)
Expenses
$9,651,082 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $114,941
  • Program Service Revenue: $10,496,007
  • Gross Receipts: $13,178,360

Assets and Liabilities:

  • Total Assets: $9,703,665
  • Total Liabilities: $7,956,509
  • Net Assets: $1,747,156

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$10,233,981

EXTRACURRICULAR

Revenue

$165,549

PARENT CIVIC ORGANIZATION

Revenue

$49,700

BEAR'S STUDENT ENTERPRISE

Revenue

$46,777

Organization Details

Founding Year

2004

Principal Officer

Kristina Scala

Main Address

5859 SOUTH UNIVERSITY BLVD, GREENWOOD VILLAGE, CO, 80121

NTEE Category

Code: B24 - Education

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