2024-04-22T16:45:10-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2022-07-01 841462870 PEAK TO PEAK CHARTER SCHOOLS INC PEAK 3034534600 800 MERLIN DRIVE LAFAYETTE CO 80026 BRIAN BOONSTRA TREASURER 3034534611 2024-04-18 1 BRIAN BOONSTRA XXX-XX-XXXX 1 SARAH HINTZ P00492291 3037795710 2024-04-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JENNIFER DOUGLAS 800 MERLIN DRIVE LAFAYETTE CO 80026 24536613 0 X WWW.PEAKTOPEAK.ORG X 1999 CO OFFER CHILDREN OF BOULDER VALLEY SCHOOL DISTRICT A UNIQUE PUBLIC GRADE K-12 EDUCATIONAL OPPORTUNITY. 7 7 289 891 0 0 21243079 22209823 978688 1940396 -29305 359130 10708 20233 22203170 24529582 0 0 0 0 14274552 15286051 0 0 0 7134326 7886477 21408878 23172528 794292 1357054 45135822 47164757 43466897 44477840 1668925 2686917 TO OFFER CHILDREN OF BOULDER VALLEY SCHOOL DISTRICT A UNIQUE KINDERGARTEN THROUGH TWELFTH GRADE EDUCATIONAL OPPORTUNITY. 0 0 14211528 0 1940396 PROVIDED CHALLENGING EDUCATIONAL PROGRAMS AND LEARNING FACILITIES TO MORE THAN 1,400 SCHOOL AGED (KINDERGARTEN THROUGH TWELFTH GRADE) CHILDREN IN BOULDER VALLEY SCHOOL DISTRICT. 14211528 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 20 0 1 289 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 0 1 1 0 0 X JENNIFER DOUGLAS 3034534611 800 MERLIN DRIVE LAFAYETTE CO 80026 SAM TODD EXECUTIVE DIRECTOR OF OPERATIONS 40.00 2.00 X 171144 0 43550 KYLE MATTHEWS HIGH SCHOOL PRINCIPAL 40.00 0.00 X 156556 0 47458 MELISSA CHRISTENSEN ELEMENTARY SCHOOL PRINCIPAL 40.00 0.00 X 143065 0 40596 CLARA QUINLAN MIDDLE SCHOOL PRINCIPAL 40.00 0.00 X 128417 0 36063 KRISTIE LETTER HIGH SCHOOL TEACHER 42.00 0.00 X 127536 0 34679 KIMBERLY GANNETT HIGH SCHOOL COUNSELOR 40.00 0.00 X 112283 0 32574 CHIRAG SHAH PRESIDENT 2.00 1.00 X X 0 0 0 WESLEY KIRK VICE PRESIDENT 2.00 1.00 X X 0 0 0 BRIAN BOONSTRA TREASURER 2.00 1.00 X X 0 0 0 MARLENE MARTIN SECRETARY 2.00 1.00 X X 0 0 0 EVELINE GRADY DIRECTOR 2.00 1.00 X 0 0 0 MARCUS WATKINS DIRECTOR 2.00 1.00 X 0 0 0 DAVID WOO DIRECTOR 2.00 1.00 X 0 0 0 839001 0 234920 11 0 1 0 BOULDER VALLEY SCHOOL DISTRICT 6500 ARAPAHOE ROAD BOULDER CO 80303 STUDENT PROGRAM & BUSINESS SERVICES 2786579 US FOODSERVICE 11955 EAST PEAKVIEW AVENUE CENTENNIAL CO 80111 CAFETERIA FOOD SERVICES 292056 E-Z EXCAVATING 8123 INDIAN PEAKS AVE FREDERICK CO 80516 GROUND SERVICE/REPAIR 266449 3 400000 21806927 2896 22209823 STUDENT FEES 611710 1311970 1311970 FOOD SERVICE FEES 722514 549595 549595 STUDENT SUPPORT SERVICES 611110 39625 39625 OTHER PROGRAM SERVICES 611110 39206 39206 1940396 366161 366161 20233 0 20233 20233 20233 7031 -7031 -7031 -7031 24529582 1940396 0 379363 X 216192 216192 11186213 7146694 4039519 2201159 1467879 733280 1529374 1255550 273824 153113 100420 52693 5969 5969 14174 14174 3361548 1946748 1414800 660164 463111 197053 74699 74699 713321 47750 665571 4162 3214 948 44300 34577 9723 661524 661524 961414 672990 288424 98621 98621 FIELD TRIP 559386 495621 63765 FOOD SERVICE 320480 320480 NON CAPITAL EQUIPMENT 167386 99001 68385 MISCELLANEOUS EXPENSE 133866 7636 126230 105463 75158 30305 23172528 14211528 8961000 0 1750588 1597587 9897038 10270603 15506 12025 12654 13796 11933 37893901 12055346 25599103 25838555 7863272 9417919 45135822 47164757 1541854 1213755 79660 63240 14132516 13298556 27712867 29902289 43466897 44477840 X -15766368 -15729621 13748870 14608375 3686423 3808163 1668925 2686917 45135822 47164757 X 1357054 411 -339473 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1437241 2700 107801 48107 13150 1486485 1724555 770 -229293 43865 14926 1437241 1462380 14687 316911 55176 14247 1724555 1447157 14727 64786 51075 13215 1462380 1356068 64103 75453 35633 12834 1447157 1.00000 0.00000 0.00000 1 0 2787984 2787984 34438976 11716065 22722911 666941 339281 327660 25838555 DEFERRED OUTFLOWS OF RESOURCES - LOSS ON REFUNDING 2092093 DEFERRED OUTFLOWS OF RESOURCES - PENSION 5891746 DEFERRED OUTFLOWS OF RESOURCES - OPEB 200288 SUBSCRIPTION ASSETS 50350 ROU ASSETS 1183442 9417919 NET PENSION LIABILITY 24312673 NET OPEB LIABILITY 828859 COMPENSATED ABSENCES 324797 DEFERRED INFLOWS OF RESOURCES - PENSION 2878638 DEFERRED INFLOWS OF RESOURCES - OPEB 299813 LEASE LIABILITIES 1257509 29902289 27534841 411 2042099 2042510 25492331 -962749 -962749 24529582 26982645 4771531 4771531 22211114 961414 961414 23172528 PART V, LINE 4: PEAK TO PEAK CHARTER SCHOOL'S ENDOWMENT MAKES POSSIBLE SCHOLARSHIPS FOR PEAK TO PEAK GRADUATING SENIORS TO AID THE RECIPIENT IN PURSUING A FOUR-YEAR DEGREE FROM AN ACCREDITED COLLEGE OR UNIVERSITY. THE PURPOSE OF THE SCHOLARSHIP IS TO DIMINISH FINANCIAL BARRIERS TO COLLEGE AND TO HELP RECIPIENTS CLOSE THE GAP BETWEEN AWARDED MERIT OR NEEDS-BASED FINANCIAL AID AND THE COST OF ATTENDANCE. THE FUNDS ARE HELD BY AN UNRELATED ORGANIZATION, COMMUNITY FIRST FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUES OF AFFILIATE REPORTED ON SEPARATE RETURN 620,282. INTERCOMPANY ELIMINATIONS 1,421,817. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION FROM FRIENDS OF PEAK TO PEAK 400,000. DISPOSAL OF FIXED ASSETS -7,031. SBITA REVENUE -69,716. LEASE REVENUE -1,286,002. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF AFFILIATE REPORTED ON SEPARATE RETURN 154,496. CAPITAL OUTLAY 2,441,689. INTERCOMPANY ELIMINATIONS 1,421,817. AMORTIZATION OF BOND PREMIUM -126,230. CHANGE IN ACCRUED INTEREST 11,550. BOND PRINCIPAL PAYMENTS 868,209. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE 961,414. 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PEAK TO PEAK CHARTER SCHOOLS, INC. DOES NOT PUBLICIZE ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH MEDIA, BUT THE SCHOOL ADOPTED BOULDER VALLEY SCHOOL DISTRICT'S EQUAL EDUCATIONAL OPPORTUNITIES POLICY, POSTED ON BOTH THE SCHOOL AND BOULDER VALLEY SCHOOL DISTRICT'S WEBSITES. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AND STATE AID. X X X 0 0 0 0 0 0 0 0 0 SAM TODD EXECUTIVE DIRECTOR OF OPERATIONS 171144 0 0 0 0 0 34631 0 8919 0 214694 0 0 0 KYLE MATTHEWS HIGH SCHOOL PRINCIPAL 156556 0 0 0 0 0 33105 0 14353 0 204014 0 0 0 MELISSA CHRISTENSEN ELEMENTARY SCHOOL PRINCIPAL 143065 0 0 0 0 0 30248 0 10348 0 183661 0 0 0 CLARA QUINLAN MIDDLE SCHOOL PRINCIPAL 128417 0 0 0 0 0 26587 0 9476 0 164480 0 0 0 KRISTIE LETTER HIGH SCHOOL TEACHER 127536 0 0 0 0 0 25910 0 8769 0 162215 0 0 0 A COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY (CECFA) 840896727 19645RWV9 2014-07-15 19159196 ADVANCE REFUND OUTSTANDING BONDS USED TO CONSTRUCT EDUCATIONAL FACILITIES 0 0 0 A 5285000 19159196 1422650 383184 17103349 250013 2014 0 1 0 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY (CECFA) DATE THE REBATE COMPUTATION WAS PERFORMED: 09/07/2023 FORM 990, PART VI, SECTION A, LINE 6 THE SCHOOL'S MEMBERSHIP INCLUDES PARENTS OR LEGAL GUARDIANS OF A CHILD ENROLLED IN THE SCHOOL, FACULTY, STAFF, ADMINISTRATION AND SUBSCRIBERS TO THE PROPOSAL OF THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 7A THE SCHOOL'S MEMBERSHIP ELECTS THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE SCHOOL'S MISSION AND BYLAWS MAY BE AMENDED OR REPEALED ONLY BY VOTE OF THE GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 8B THE GOVERNING BODY DID NOT DELEGATE AUTHORITY TO A COMMITTEE TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE FILING IS AVAILABLE, THE RETURN IS SENT TO THE SCHOOL'S EXECUTIVE DIRECTOR OF OPERATIONS WHO REVIEWS IT FIRST, THEN PROVIDES IT TO THE BOARD TREASURER FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C PEAK TO PEAK IS GOVERNED BY A CONFLICT OF INTEREST POLICY CREATED BY THE BOULDER VALLEY SCHOOL DISTRICT. THE POLICY CAN BE VIEWED ON THE BOULDER VALLEY SCHOOL DISTRICT WEBSITE. IF AND WHEN MEMBERS HAVE A PERSONAL INTEREST IN A SITUATION THAT COMES BEFORE THE BOARD, THEY SHALL DISCLOSE THE CONFLICT TO THE REST OF THE BOARD, RECUSE THEMSELVES FROM ALL DISCUSSIONS ON THE MATTER, AND ALSO REFRAIN FROM VOTING ON THE MATTER EXCEPT AS NEEDED FOR A QUORUM, AND AS EXPLAINED IN THE POLICY DOCUMENT. ADDITIONALLY, THEY SHALL NOT ATTEMPT TO INFLUENCE OTHER BOARD MEMBERS ON THE MATTER. BOARD MEETING MINUTES WILL REFLECT THE BOARD MEMBER'S CONFLICT OF INTEREST DISCLOSURE, AND VOTING ON THE MATTER WILL REFLECT THAT THE BOARD MEMBER RECUSED HIM OR HERSELF FROM THE DISCUSSION AND VOTE. BOARD MEMBERS WHO HAVE QUESTIONS ABOUT SITUATIONS THAT MAY PRESENT A CONFLICT OF INTEREST SHOULD DISCUSS THOSE QUESTIONS WITH THE BOARD PRESIDENT AND THE REST OF THE BOARD AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD SETS THE SALARIES FOR PRINCIPALS, THE EXECUTIVE DIRECTOR OF EDUCATION, AND THE EXECUTIVE DIRECTOR OF OPERATIONS BASED ON AN ESTABLISHED COMPENSATION SYSTEM THAT FACTORS IN PERFORMANCE, LENGTH OF SERVICE, AND MARKET SALARY DATA. ONCE THE SALARIES ARE DETERMINED, THE BOARD APPROVES THEM AND OFFER LETTERS ARE GRANTED. THIS DISCUSSION AND DECISION IS DOCUMENTED IN THE BOARD MINUTES. THIS LAST TOOK PLACE IN 2022. FOR NON-ADMINISTRATOR STAFF, THEIR SALARIES ARE DETERMINED BASED ON THE SAME METHOD DESCRIBED ABOVE BY THE PRINCIPALS, EDO, EDE, AND HUMAN RESOURCES DIRECTOR. THIS LAST TOOK PLACE IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH THE SCHOOL'S WEBSITE. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,606,748. MANAGEMENT AND GENERAL EXPENSES 1,414,800. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,021,548. PURCHASED SERVICES FROM BOULDER VALLEY SCHOOL DISTRICT: PROGRAM SERVICE EXPENSES 340,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 340,000. FORM 990, PART XI, LINE 9: NET CHANGE IN PENSION LIABILITY -535,311. CHANGE IN OPEB LIABILITY 84,759. CHANGE IN COMPENSATED ABSENCES 29,684. RESTATEMENT OF BEGINING NET ASSETS 81,395. FORM 990, PART XI, LINE 1: EXPLANATION OF METHOD OF ACCOUNTING THE SCHOOL FOLLOWS A MODIFIED ACCRUAL METHOD OF ACCOUNTING. THE SCHOOL-WIDE FINANCIAL STATEMENTS ARE REPORTED USING THE ECONOMIC RESOURCES MEASUREMENT FOCUS AND THE ACCRUAL BASIS OF ACCOUNTING. GRANTS AND SIMILAR ITEMS ARE RECOGNIZED WHEN ALL ELIGIBILITY REQUIREMENTS IMPOSED BY THE PROVIDER HAVE BEEN MET. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. PRAIRIE VIEW INC 800 MERLIN DRIVE LAFAYETTE CO 80026 841602197 HOLDS THE REAL ESTATE WHERE PEAK TO PEAK CHARTER SCHOOLS, INC. IS LOCATED. CO 2578482 30738734 PEAK TO PEAK CHARTER SCHOOLS INC FRIENDS OF PEAK TO PEAK INC 800 MERLIN DRIVE LAFAYETTE CO 80026 841562332 FUNDRAISING AND COMMUNITY SUPPORT OF THE SCHOOL CO 501(C)(3) LINE 12A, I PEAK TO PEAK CHARTER SCHOOLS INC 1 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 FRIENDS OF PEAK TO PEAK INC C 400000 ACTUAL