2024-05-15T11:54:53-05:00 2023-06-30 FORVIS LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2022-07-01 202562193 STRIVE PREPARATORY SCHOOLS % DAVID XIAO STRI 7208373544 2480 W 26TH AVE ste B-360 DENVER CO 80211 Yana Smith President 7208373544 2024-05-15 true Yana Smith 999009999 Adam R Smith CPA P00958966 7194714290 2024-05-15 2 2022 2023-04-26 12:10:37Z TRICIA NOYOLA 2480 W 26TH AVE SUITE B-360 DENVER CO 80211 58204623 false X www.rockymountainprep.org X 2005 CO SEE SCHEDULE O 10 10 729 10 0 0 12684825 15657978 40117045 41857940 17251 315562 389670 373143 53208791 58204623 0 0 0 0 41678712 47035752 0 0 0 13498804 13195736 55177516 60231488 -1968725 -2026865 15420405 31611653 3585808 38930442 11834597 -7318789 SUCCESS FOR EVERY STUDENT THROUGH A DEMANDING EDUCATION OF HIGH STANDARDS, STRUCTURE AND ACCOUNTABILITY, STRIVE PREPARATORY SCHOOLS PREPARE STUDENTS FOR EDUCATIONAL SUCCESS FROM ELEMENTARY THROUGH HIGH SCHOOL. false false 46179648 0 42231083 STRIVE PROVIDES AN INTENSIVE CURRICULUM WITH A STRONG FOCUS ON SKILL DEVELOPMENT TO STUDENTS IN GRADES K-12 FOR EDUCATIONAL SUCCESS FROM ELEMENTARY SCHOOL THROUGH HIGH SCHOOL, BENEFITING OVER 3,300 STUDENTS. 46179648 true true false false false false false false false false true false false false true false false true true false false false false false false false false false false true false false false false false false false false false false false false false true true true false false true 73 0 729 true false false false false false false false false false false false false X 10 10 false false false false false false false true false false true true true true true true false true false false false X X DAVID XIAO 7013308585 2480 W 26TH AVE SUITE B-360 DENVER CO 80211 X Jessica Johnson interim CEO - thru 11/22 40.0 2.0 X 221658 0 36108 JOSH DEVON Chief Financial Officer 40.0 2.0 X 219982 0 37649 Mika Krause - thru 0123 interim chief schools officer 40.0 0.0 X 181389 0 32313 Elisha Roberts - thru 1022 Chief Academic Officer 40.0 0.0 X 178221 0 32747 Adam Lenzmeier VP of Schools 40.0 0.0 X 167331 0 24708 Andrew Huber Chief Operations Officer 40.0 0.0 X 159292 0 30310 Chris Gibbons - thru 0822 Chief Executive Officer 40.0 0.0 X 133981 0 29296 Daniella Morello - thru 0822 Chief External Affairs Officer 40.0 0.0 X 130372 0 28702 Andrew McKee Principal 40.0 0.0 X 123748 0 26067 Chelsea Yondo Principal 40.0 0.0 X 114091 0 22207 Catherine Dance PRINCIPAL 40.0 0.0 X 111002 0 23140 Susan Morris - thru 0922 Managing Director 40.0 0.0 X 103969 0 15274 Amber Valdez Board Vice Chair 2.0 0.0 X X 0 0 0 Kayla Tibbals Board Chair 2.0 0.0 X X 0 0 0 Dietz Fry Board Treasurer 2.0 2.0 X X 0 0 0 Ulysses Estrada Board Secretary 2.0 0.0 X X 0 0 0 Abi Fadeyi Board Member 2.0 0.0 X 0 0 0 Josh Rael Board Member 2.0 0.0 X 0 0 0 Peter Groff Board Member 2.0 0.0 X 0 0 0 Reed Dixon Board Member 2.0 0.0 X 0 0 0 Leticia Levya Board Member 2.0 0.0 X 0 0 0 Toni Salais-Alvarado Board Member 2.0 0.0 X 0 0 0 TRICIA NOYOLA CEO - STARTED 11/22 40.0 0.0 X 0 0 0 Indrina Kanth - Chief External Relations Officer 40.0 0.0 X 0 0 0 Yana Smith Chief Equity & People Officer 40.0 0.0 X 0 0 0 Christy Sadri - President Chief Academic Officer 40.0 0.0 X 0 0 0 1845036 0 338521 12 false true false DENVER PUBLIC SCHOOLS 1860 LINCOLN ST DENVER CO 80203 SCHOOL DISTRICT SERV 2848028 SLA MANAGEMENT 601 S Lake Destine Dr Suite 405 MAITLAND FL 32751 FOOD SERVICE 941993 KOKUA 73 W MONROE ST CHICAGO IL 60603 SUBSTITUTE TEACHING 735548 CDW Government LLC 75 Remittance Dr Suite 1515 CHICAGO IL 60675 Technology 677160 DHE Computer System LLC 7076 S Alton Wy Bldg C CENTENNIAL CO 80112 Technology 498786 5 12378755 3279223 15657978 Per Pupil Revenue 611710 32560635 32560635 District Mill Levy 611710 9297305 9297305 41857940 315562 315562 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Miscellaneous Revenue 900099 373143 373143 373143 58204623 42231083 315562 0 0 0 0 731366 273935 457431 0 33294612 24970959 8323653 7924247 5943185 1981062 4521079 3390809 1130270 564448 423336 141112 0 80725 80725 55825 55825 0 0 0 2338322 1847275 491047 5688 5688 857418 634489 222929 688528 557708 130820 0 3042141 2555398 486743 1132750 1132750 0 0 442502 442502 0 0 243697 204705 38992 Classroom Supplies 366983 366983 Textbooks/Library 562825 562825 Licensing 630892 630892 Special Events 700459 637418 63041 2046981 2046981 60231488 46179648 14051840 0 5505145 2768626 6912110 18036872 1313057 3201066 64239 829583 0 0 0 0 0 50000 79359 0 236211 130284 6087905 517473 0 5570432 0 0 0 0 0 0 0 0 1310284 1024790 15420405 31611653 1253452 2193107 0 0 465490 85082 0 0 0 0 0 0 0 0 0 0 1866866 36652253 3585808 38930442 X 12380466 28277367 0 0 -545869 -35596156 11834597 -7318789 15420405 31611653 X -2026865 -17126521 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3940000 3940000 1910000 407467 1502533 237905 110006 127899 5570432 0 Net Pension Liability 34847687 Lease Liability 1056097 Net OPEB Liability 748469 36652253 58204623 58204623 58204623 60568846 357952 357952 60210894 20594 20594 60231488 SCHEDULE D, PART X, LINE 2 UNCERTAIN TAX POSITIONS: Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. SCHEDULE D, PART XII, LINE 2D EXPENSE ON BOOKS, NOT ON RETURN: 357,952 OPEB EXPENSE SCHEDULE D, PART XII, LINE 4B EXPENSES ON RETURN, NOT ON BOOKS: 20,594 LEASE LIABILITY EXPENSE NOT REPORTED AS AN EXPENDITURE ON THE GOVERNMENTAL FUND REPORT true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 RACIALLY NONDISCRIMINATORY POLICY: STRIVE PREPARATORY SCHOOLS OPERATE IN ACCORDANCE WITH THE NONDISCRIMINATION POLICIES OF DENVER PUBLIC SCHOOLS. STRIVE DOES NOT DISCRIMINATE IN STUDENT RECRUITMENT OR SELECTION BASED ON RACE OR ANY OTHER FACTOR. SCHEDULE E, PART I, LINE 6A FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY: STRIVE RECEIVES GRANTS FROM THE STATE DEPARTMENT OF EDUCATION. X true false false false false false false true false Chris Gibbons - thru 0822 Chief Executive Officer 133981 0 0 0 0 0 25758 0 3538 0 163277 0 JOSH DEVON Chief Financial Officer 179982 0 0 0 40000 0 32460 0 5189 0 257631 0 Andrew Huber Chief Operations Officer 139292 0 0 0 20000 0 25121 0 5189 0 189602 0 Daniella Morello - thru 0822 Chief External Affairs Officer 130372 0 0 0 0 0 23513 0 5189 0 159074 0 Elisha Roberts - thru 1022 Chief Academic Officer 147721 0 0 0 30500 0 26641 0 6106 0 210968 0 Mika Krause - thru 0123 interim chief schools officer 143139 0 0 0 38250 0 26037 0 6276 0 213702 0 Adam Lenzmeier VP of Schools 135831 0 0 0 31500 0 24708 0 0 0 192039 0 Jessica Johnson interim CEO - thru 11/22 167491 0 20000 0 34167 0 27632 0 8476 0 257766 0 SCHEDULE J, PART I, LINE 4a DESCRIPTION OF SEVERANCE OR CHANGE OF CONTROL PAYMENT: ELISHA ROBERTS AND JESSICA JOHNSON BOTH RECEIVED A QUALIFYING PAYMENT. - JESSICA JOHNSON $34,167 - ELISHA ROBERTS $34,744 SCHEDULE J, PART I, LINE 7 NON FIXED PAYMENTS: Based on meeting academic performance targets at the network, STRIVE may pay bonuses to its officers. There is no guarantee that bonuses will be paid each year. FORM 990, PART I, LINE 1 ORGANIZATION'S MISSION: SUCCESS FOR EVERY STUDENT THROUGH A DEMANDING EDUCATION OF HIGH STANDARDS, STRUCTURE & ACCOUNTABILITY, STRIVE PREPARES STUDENTS FOR EDUCATIONAL SUCCESS FROM ELEMENTARY THROUGH HIGH SCHOOL FORM 990, PART VI, SECTION A, LINE 8B DOCUMENT MEETINGS OR WRITTEN ACTION BY COMMITTEES ACTING ON BEHALF OF GOVERNING BODY: THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990: INFORMATION FOR THE FORM 990 IS COMPILED BY THE FINANCE TEAM AND PROVIDED TO THE THIRD PARTY PREPARER. A COPY OF THE 990 IS THEN PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: ALL OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST TO THE BOARD. IF A CONFLICT IS IDENTIFIED, COMMON OR INTERESTED DIRECTORS MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT A MEETING OF THE BOARD OR OF A COMMITTEE WHICH AUTHORIZES, APPROVES, OR RATIFIES THE CONFLICTING INTEREST TRANSACTION. WHERE AN INTERESTED DIRECTOR HAS BEEN COUNTED AS PART OF A QUORUM BUT ABSTAINS FROM VOTING, THE AFFIRMATIVE VOTE OF A MAJORITY OF THE DISINTERESTED DIRECTORS SHALL SUFFICE TO TAKE ACTION. FORM 990, PART VI, SECTION B, LINE 15A & 15B CEO COMPENSATION POLICY: BOARD OF DIRECTORS EVALUATES THE CEO'S COMPENSATION BASED ON CEO'S ANNUAL PERFORMANCE EVALUATION. THE EVALUATION PROCESS IS IN ALIGNMENT WITH THE FOLLOWING PHILOSOPHY: CLARITY OF AND ACCOUNTABILITY TO NETWORK GOALS AND CEO'S LEADERSHIP & MANAGEMENT OF THE SYSTEM TOWARD MEETING THOSE GOALS. THE CEO'S COMPENSATION IS BASED ON A COMPREHENSIVE AND INCLUSIVE FEEDBACK LOOP WITH THE PURPOSE OF ASSESSING THE CEO'S CAPABILITIES AND THE NETWORK'S CURRENT AND FUTURE NEEDS. THE CEO AND PRESIDENT DETERMINE THE COMPENSATION OF THE OTHER OFFICERS OF STRIVE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION COMPLIES WITH COLORADO HB10-1036, ALSO KNOWN AS THE PUBLIC SCHOOL FINANCIAL TRANSPARENCY ACT. Form 990, Part XI, Line 9 OTHER CHANGES IN NET ASSETS: (20,030,052) CHANGE IN PENSION AND OPEB LIABILITY IN ACCORDANCE WITH GASB 68 AND 75 2,903,531 Transfer From Affiliate Through Merger (17,126,521) Total W DENVER PREP CHARTER SCHOOL BLDG CORP 2480 W 26TH AVE SUITE B-360 DENVER CO 80211 461256741 REAL ESTATE CO 501(C)(2) STRIVE true false false false false false false false false false false false false false true true true false false true W DENVER PREP CHARTER SCHOOL BLDG CORP p 253849 ACTUAL AMOUNT