2024-04-29T17:53:48-05:00 2023-06-30 450250958 Eide Bailly LLP 2950 E Harmony Rd Ste 290 Fort Collins CO 805283429 990 2022-07-01 840747083 Mackintosh Academy MACK 3037946222 7018 S Prince Street Littleton CO 80120 Robert Douglass Chair of the Board 3037946222 2024-04-23 1 Robert Douglass 999009999 1 Kyle Fritch CPA P01313374 9702238825 2024-04-23 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Robert Douglass 7018 S Prince Street Littleton CO 80120 8350873 0 X www.mackintoshacademy.com X 1977 CO Private school for gifted and talented students in Littleton and Boulder, Colorado. 3 3 90 148 0 0 1029456 697197 7159572 7530364 16426 56827 -26666 -6453 8178788 8277935 1151820 1194452 0 0 5150562 5332336 0 71000 409313 1692137 1889128 7994519 8486916 184269 -208981 15321121 15031142 10100151 9912990 5220970 5118152 X Mackintosh Academy is committed to an academic program that emphasizes the creative aspect of giftedness, engenders a passion for life-long learning and provides opportunities for service to the community. The academy strives to ensure that each child develops socially, emotionally, creatively, physically and cognitively in a nurturing and supportive environment. 0 0 6683231 1194452 7539411 Mackintosh Academy (the Academy, we, us, our) opened in 1977 as the first private academy in Colorado to recognize the unique needs of gifted and talented children. Committed to providing the family and community a rich resource for gifted children, we have two campuses: our first campus located on three acres in South Littleton, Colorado, serving 125 students; and our Boulder, Colorado, campus, established in 2011 and located on twenty-three acres, serving 155 students. We strive to provide an enjoyable environment for the gifted child. Our goal is to maximize learning potential and promote development of the whole child, as well as to foster a sense of responsibility for one's individual talents. We are committed to an exciting academic program that emphasizes the creative aspects of giftedness, engenders a passion for life-long learning and provides opportunities for service to the community. We work to ensure that each child develops socially, emotionally, creatively, physically, and cognitively in a nurturing and supportive environment. 6683231 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 1 48 0 1 90 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CO X Arleen Brogan-Smith 3037946222 7018 S Prince Street Littleton CO 80120 Robert Douglass Chair - Littleton 10.00 X X 0 0 0 Emily Lindner Chair - Boulder 10.00 X X 0 0 0 Ronni McCaffrey Trustee 5.00 X 0 0 0 Elizabeth Steklac- Head of School - Littleton (as of July '22) 40.00 X 83561 0 8875 James Morrow- Head of School - Boulder (thru Oct. '22) 40.00 X 301508 0 44322 Katie Christensen- Interim Head of School - Boulder (as of Feb. '23) 40.00 X 0 0 0 Jessica Dauchy Director of Finance - Boulder 40.00 X 126648 0 20634 Dianne Dunne- Former Head of School - Littleton (thru June '22) 40.00 X 102407 0 6548 614124 0 80379 3 1 1 0 0 227984 469213 5000 697197 Tuition and Fees 611710 7106064 7106064 Student Activities and 611710 417618 417618 6682 6682 7530364 54569 54569 3677 0 1419 3677 -1419 2258 2258 46666 227984 62166 -15500 -15500 18400 9353 9047 9047 8277935 7539411 0 41327 1194452 1194452 379466 92162 213489 73815 66700 66700 3881727 3180351 553204 148172 159819 127874 25071 6874 488903 389797 78497 20609 355721 283598 54337 17786 40057 40057 48287 48287 71000 71000 5842 5842 250390 148175 94546 7669 66543 12403 39060 15080 127667 51672 72076 3919 186606 147977 30460 8169 109789 87500 16702 5587 281438 220810 46372 14256 71331 57949 11337 2045 Classroom and Program 257323 257323 Student Activities 226558 226558 Dues and Subscriptions 78492 51832 24528 2132 Repairs and Maintenance 67408 53927 10111 3370 71397 32171 30396 8830 8486916 6683231 1394372 409313 5080803 2895616 55719 30657 3771025 3774004 70429 74489 8997401 2906494 5553496 6090907 693333 1998069 96316 167400 15321121 15031142 381601 493039 6705864 6511261 3012686 2843007 0 65683 10100151 9912990 X 4438077 4408434 782893 709718 5220970 5118152 15321121 15031142 X -208981 100235 -525 6453 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 9.88 0 0 0 1 1 5.00 0 294582 4612 9 299185 331913 -32876 4455 294582 331913 21344 21344 331913 331913 11194 11194 331913 323832 8108 27 331913 0.00000 1.00000 0.00000 1 0 1574578 1574578 5049452 2025275 3024177 865906 429271 436635 570072 451948 118124 937393 937393 6090907 Lease Liability 65683 65683 X 7184829 100235 500 -1187999 -1087264 8272093 5842 5842 8277935 7287122 500 500 7286622 5842 1194452 1200294 8486916 Part II, Line 5: Mackintosh Academy purchased property which had a conservation easement agreement with the City of Boulder, Colorado. The easement is intended to preserve the property for educational and open space purposes. Per the agreement, the city shall have the right to preserve and protect the land, enhance its agricultural and ecological condition, conduct inspections, and to enforce any and all rights granted under the agreement. Property is inspected by Boulder Open Space Officer for compliance and ongoing care. The School operates and maintains the easement based on the officer's feedback and reports. This is required by the terms on the conservation easement. Part II, Line 9: Mackintosh Academy records its conservation easement as property and equipment net of accumulated depreciation on the statement of financial position, which is presented in the audited financial statements for the period ended June 30, 2023. Part V, Line 4: Our endowment consists of four individual funds established by donors to provide annual funding for financial aid. The endowment also includes certain unrestricted net assets designated for endowment by the Board of Trustees. Part X, Line 2: We are organized as a Colorado nonprofit corporation and have been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Section 501(a) of the Internal Revenue Code as an organization described in Section 501(c)(3), qualify for the charitable contribution deduction, and have been determined not to be a private foundation. We annually are required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, we are subject to income tax on net income derived from business activities that are unrelated to our exempt purpose. We have determined we are not subject to unrelated business income tax and have not filed an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS. Part XI, Line 2d - Other Adjustments: Financial Aid and Scholarships Netted with Program Revenue on Financials -1,194,452. Change in Beneficial Value of Assets Held by Community Foundation 6,453. Part XII, Line 4b - Other Adjustments: Financial Aid and Scholarships Netted with Program Revenue on Financials 1,194,452. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Mackintosh Academy's nondiscrimination policy is continuously advertised on the website. In addition, the policy is listed in the Academy's brochures and parent handbook as well as on the tuition information notification. X X X X 0 Ginny Bishop Consulting 3 Amaranth Drive Littleton CO 80127 Fundraising and Strategy Consultant 0 0 71000 -71000 71000 -71000 CO Boulder Auction 162404 135279 27125 2904 6606 15631 6389 11095 Littleton Auction 112246 92705 19541 3932 11499 4110 274650 227984 46666 2904 10538 27130 6389 15205 62166 -15500 1 Tuition Scholarships and Financial Aid 57 1194452 Part I, Line 2: Upon completion of the application with School and Student Services (Boulder Campus) and FACTS Grant and Aid, (Littleton Campus), the results are reviewed by each school's financial assistance committee and awards are offered based on need. Records are kept in the office of admissions and upon completion forwarded to the business office for archiving and destruction. X X 1 0 0 0 0 0 0 1 0 James Morrow- Head of School - Boulder (thru Oct. '22) 189758 0 25000 0 86750 0 14967 0 29355 0 345830 0 0 0 Dianne Dunne- Former Head of School - Littleton (thru June '22 74347 0 28060 0 0 0 3114 0 3434 0 108955 0 0 0 Part I, Line 4a James Morrow, former Head of School - Boulder, received a severance payment of $86,750. Part I, Line 7 The organization's Board of Trustees reviews the performances of the top management officials to determine if additional compensation in the form of bonuses will be paid. During calendar year 2022, the Board of Trustees awarded bonuses based on review of each individual's performance and services to the organization. Darsa Morrow Related to an officer of the organization 66700 Compensation as Teacher of the schoolCompensation - $57,952Other Benefits - $8,748 0 X 1 5000 Fair Market Value 0 0 0 0 Part I, Column (b): The number in column (b) represents number of contributors. Form 990, Part VI, Section A, line 1a The organization is managed by an Executive Committee comprised of the elected officers of the organization who are also trustees of the Executive Committee. Only trustees of the organization may be members of the Executive Committee. The Executive Committee shall have all the power and authority of the board of trustees between meetings of the board, except as prohibited by the organization's governing documents. Form 990, Part VI, Section B, line 11b Prior to the filing of form 990, a draft of the document is disseminated to all board of directors for comments and/or changes. All questions or comments are addressed prior to submission of Form 990 to the Internal Revenue Service. Form 990, Part VI, Section B, line 12c The organization's conflict of interest covers all trustees and officers of the organization. Actual or potential conflicts of interest are reviewed by the Board of Trustees. If an officer or trustee is aware of an actual or potential conflict of interest, such person shall immediately inform the Board of Trustees of the conflict of interest, aid the Board of Trustees with making a decision by disclosing any material facts within the interested person's knowledge that bears on the advisability of the organization, and shall not be entitled to vote on the deliberations of the matter. Form 990, Part VI, Section B, line 15a The Board of Trustees, along with professional outside consultations, conducts an analysis to determine the compensation of the Heads of School every two years. The Heads of School have two year contract agreements with compensation stated in the agreement for the two year period. Deliberations and decisions on the compensation levels are documented in the board minutes. Form 990, Part VI, Section C, line 19 Upon written request, the academy's governing documents, conflict of interest policy and financial states will be made available to the public for review in the office of the head of school or other such location designated by him/her at a time and date mutually agreeable to both parties. Form 990, Part XI, line 9: Change in Value Beneficial Interest in Assets held by Community Foundation 6,453. Form 990, Part I, Line 5, Part V, Line 2A, Part VII and Part IX: Mackintosh Academy Littleton has a client service agreement with Trinet, an unrelated organizations. Trinet is a professional employer organizations (PEO). As a result, the PEO is the employer for the purposes of paying wages and benefits. Mackintosh Academy Littleton inputs and approves all employee time and wages into the PEO's online system and the PEO processes the payroll and administers all benefits on behalf of Mackintosh Academy Littleton. The PEO also remits all taxes and files all returns under their names and employer identification numbers. The salary, benefits, and payroll tax expenses shown on line 5,7,and 9 of Part IX represent amounts paid by the PEOs as part of the client service agreement. In addition, Mackintosh Academy Littleton is reporting paid employees on Form 990, Part V, Line 2a because of the relationship with PEO as stated above. Mackintosh Academy Littleton 7018 S Prince Street Littleton CO 80120 824878743 Operation of a School CO 3081837 5116854 Mackintosh Academy Mackintosh Academy Boulder 6717 S Boulder Rd Boulder CO 80303 824892119 Operation of a School CO 5196098 9864288 Mackintosh Academy