2024-09-13T13:38:23-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2021-07-01 464083631 HORIZONS K-8 SCHOOL INC HORI 7205613600 4545 SIOUX DRIVE BOULDER CO 80303 JASMINE GRAVES BLACK-CLEMONS HEAD OF SCHOOL 7205613600 2024-09-13 1 BECKY DETTMANN CPA P01408585 3037795710 2024-09-13 2021 2024-08-08 14:25:15Z X JASMINE GRAVES BLACK-CLEM 4545 SIOUX DRIVE BOULDER CO 80303 5471706 0 X WWW.HORIZONSK8SCHOOL.COM X 1991 CO TO GUIDE K-8 STUDENTS TO BECOME SELF-DIRECTED LEARNERS AND COMMUNITY CONTRIBUTORS. 11 11 0 25 0 0 4567817 5403374 69508 64022 -73706 1415 0 -722 4563619 5468089 0 0 0 0 3473321 3567570 0 0 0 1320268 1541433 4793589 5109003 -229970 359086 5052052 3760477 11148537 7913588 -6096485 -4153111 THE SCHOOL'S MISSION IS TO GUIDE K-8 STUDENTS TO BECOME SELF-DIRECTED LEARNERS AND COMMUNITY CONTRIBUTORS IN A RESPECTFUL LEARNING ENVIRONMENT. 0 0 3599427 0 63300 TO SHARE A COMMITMENT TO EDUCATIONAL EXCELLENCE THAT SUPPORTS PARENTS, STUDENTS, STAFF, AND COMMUNITY MEMBERS IN CREATING A STIMULATING AND SUPPORTIVE LEARNING ENVIRONMENT. 3599427 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 X LUCAS KETZER 7205613600 4545 SIOUX DRIVE BOULDER CO 80303 LUCAS KETZER TEACHER 40.00 X X 0 123853 34100 LYNN PENCE TEACHER 40.00 X 0 103920 30459 KAREN WOLFER TEACHER 40.00 X 0 96904 28468 JIM FREUND TEACHER 40.00 X 0 96257 28585 AUBREY DEMMON ASSISTANT PRINCIPAL 40.00 X X 0 80771 25888 ADAM BRINK TEACHER 40.00 X 0 68822 32873 RYAN CONRAD PRINCIPAL/CO-CHAIR 40.00 X X 0 60631 30345 MIKE ASHMORE CO-CHAIR 2.00 X X 0 0 0 ELIZABETH PARADY TREASURER 2.00 X X 0 0 0 JESSICA HOGAN PARENT 2.00 X 0 0 0 ROB HORANSKY PARENT 2.00 X 0 0 0 MICHAEL TADROS PARENT 2.00 X 0 0 0 0 631158 210718 0 0 1 0 0 5291047 112327 5403374 TUITION AND FEES 611600 63759 63759 ATHLETIC PARTICIPATION 611600 263 263 64022 1415 1415 2895 3617 -722 -722 5468089 63300 0 1415 X 727209 675257 51952 2053570 1582342 471228 422140 312287 109853 327749 258919 68830 36902 28988 7914 4727 4727 1322834 626293 696541 101152 75511 25641 8453 3977 4476 13201 12916 285 9113 9113 NON-CAP EQP AND RENT 73537 16587 56950 EDUCATIONAL MATERIALS 8416 6350 2066 5109003 3599427 1509576 0 2409344 2139352 4387 4277 1145 1775 173455 64841 117727 108614 2519449 1506459 5052052 3760477 236719 249773 650726 0 10261092 7663815 11148537 7913588 X -6401413 -4503269 117727 108614 187201 241544 -6096485 -4153111 5052052 3760477 X 359086 1584288 X X 0 1 X 1 0 X 147034 56769 90265 26421 8072 18349 108614 DEFERRED PENSION OUTFLOWS 1464073 OPEB RELATED ITEMS 42386 1506459 NET PENSION LIABILITY 4867452 DEFERRED PENSION INFLOWS 2477098 NET OPEB LIABILITY 235489 DEFERRED OPEB INFLOWS 83776 7663815 4820981 0 4820981 647108 647108 5468089 5103507 3617 3617 5099890 9113 9113 5109003 PART XI, LINE 4B - OTHER ADJUSTMENTS: PPP LOAN FORGIVENESS 650,725. COST OF GOODS SOLD -3,617. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,617. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE RECOGNIZED FOR 990 PURPOSES 9,113. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 BVSD SCHOOL DISTRICT POSTS ITS NONDISCRIMINATORY POLICY ON A CONTINUING BASIS IN DISTRICT AND SCHOOL ELECTRONIC AND HARD-COPY PUBLICATIONS. SCHEDULE E, PART I, LINE 6 PUBLIC SCHOOL FUNDING RECEIVED FROM FEDERAL, STATE AND LOCAL GOVERNMENTS. 0 0 0 0 0 0 0 0 0 LUCAS KETZER TEACHER 0 123118 0 500 0 235 0 25885 0 8215 0 157953 0 0 PAGE 1, BOX B THIS AMENDMENT IS BEING PREPARED TO ADD COMPENSATION FOR OFFICERS, DIRECTORS, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES. THE ADDITION OF THE COMPENSATION RESULTED IN THE FOLLOWING CHANGES TO THE JUNE 30, 2022 FORM 990: 1. PART IV, LINE 23 WAS NO, IS NOW YES. 2. PART VII, LUCAS KETZER'S COMPENSATION WAS (E) $0 (F) $0, IS NOW (E)$123,853 (F) $34,100. KETZER'S TITLE CHANGED FROM "PRINCIPAL/CO-CHAIR" TO "TEACHER". 3. PART VII, LYNN PENCE HAS BEEN ADDED WITH COMPENSATION OF (E)$103,920 (F) $30,459. 4. PART VII, KAREN WOLFER'S COMPENSATION WAS (E) $0 (F) $0, IS NOW (E)$96,904 (F) $28,468. WOLFER'S TITLE CHANGED FROM "ASSISTANT PRINCIPAL" TO "TEACHER". 5. PART VII, JIM FREUND'S COMPENSATION WAS (E) $0 (F) $0, IS NOW (E)$96,257 (F) $28,585. 6. PART VII, AUBREY DEMMON HAS BEEN ADDED WITH COMPENSATION OF (E)$80,771 (F) $25,888. 7. PART VII, ADAM BRINK HAS BEEN ADDED WITH COMPENSATION OF (E)$68,822 (F) $32,873. 8. PART VII, RYAN CONRAD HAS BEEN ADDED WITH COMPENSATION OF (E)$60,631 (F) $30,345. 9. PART VII WAS REORDERED IN THE ORDER OF HIGHEST TO LOWEST COMPENSATION, OFFICERS, AND DIRECTORS IN ALPHABETICAL ORDER. 10. PART VII, LINE 1B WAS (E) $0 AND (F) $0 IS NOW(E) $631,158 AND (F) $210,718. 11. PART VII, LINE 1D WAS (E) $0 AND (F) $0 IS NOW(E) $631,158 AND (F) $210,718. 12. PART IX, LINE 5(A) WAS $0, IS NOW $675,257. 13. PART IX, LINE 5(B) WAS $0, IS NOW $919,834. 14. PART IX, LINE 5(C) WAS $0, IS NOW $51,952. 15. PART IX, LINE 7(A) WAS $2,616,994, IS NOW $1,582,342. 16. PART IX, LINE 7(B) WAS $2,105,368, IS NOW $1,394,035. 17. PART IX, LINE 7(C) WAS $511,626, IS NOW $471,228. 18. PART IX, LINE 8(A) WAS $535,255, IS NOW $312,287. 19. PART IX, LINE 8(B) WAS $418,041, IS NOW $272,943. 20. PART IX, LINE 8(C) WAS $117,214, IS NOW $109,853. 21. PART IX, LINE 9(A) WAS $378,419, IS NOW $258,919. 22. PART IX, LINE 9(B) WAS $305,396, IS NOW $241,993. 23. PART IX, LINE 9(C) WAS $73,023, IS NOW $68,830. 24. SCHEDULE J HAS BEEN ADDED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF FOUR DIRECTORS DESIGNATED BY THE FULL BOARD, AND SHALL INCLUDE AT LEAST TWO FACULTY DIRECTORS AND AT LEAST TWO PARENT DIRECTORS. THE EXECUTIVE COMMITTEE SHALL HAVE ALL OF THE POWER AND AUTHORITY OF THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD, EXCEPT AS PROHIBITED BY THE ACT. FORM 990, PART VI, SECTION A, LINE 6 TWO CLASSES OF MEMBERS: VOTING AND NON-VOTING; VOTING MEMBERS INCLUDE FACULTY, STAFF, AND PARENTS (OF STUDENTS); NONVOTING MEMBERS CONSIST OF ALL ENROLLED STUDENTS. THE MEMBERS APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A FACULTY AND PARENTS OF STUDENTS CURRENTLY ENROLLED AT THE SCHOOL ARE EACH ENTITLED TO UP TO SIX BOARD POSITIONS. THE SIX PARENT DIRECTORS SHALL BE ELECTED BY THE VOTING MEMBERS AT THE ANNUAL MEETING OF THE MEMBERS. THE PRINCIPAL OR HEAD OF SCHOOL SHALL AUTOMATICALLY BE A FACULTY DIRECTOR. THE REMAINING FIVE FACULTY DIRECTORS SHALL BE ELECTED BY ALL TEACHERS AT THE ANNUAL MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B PER THE BYLAWS, CERTAIN AMENDMENTS TO THE SCHOOL'S GOVERNING DOCUMENTS REQUIRE APPROVAL BY THE VOTING MEMBERS. 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 THE MANAGEMENT. ONCE A DRAFT OF THE FILING IS AVAILABLE, THE HEAD OF SCHOOL AND BUSINESS MANAGER WILL REVIEW THE 990, FOLLOWED BY BOARD REVIEW; QUESTIONS ARE COMMUNICATED TO THIRD PARTY ACCOUNTING FIRM (CLA); FINAL STEP IS COMPLETED FORM 990 DISPLAYED ON SCHOOL'S WEBSITE PER FINANCIAL TRANSPARENCY GUIDELINES. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, AND COMMITTEE MEMBER AFFIRMS THEY'VE RECEIVED AND READ THE POLICY AND AGREES TO COMPLY WITH THE POLICY. WHEN CONSIDERING TRANSACTIONS, PERSONS WITH POTENTIAL CONFLICTS OF INTEREST SHALL: (I) IMMEDIATELY INFORM THOSE CHARGED WITH APPROVING THE TRANSACTION OF THEIR POTENTIAL CONFLICT; (II) DISCLOSE MATERIAL FACTS WITHIN THE RESPONSIBLE PERSON'S KNOWLEDGE THAT BEAR ON THE ADVISABILITY OF HORIZONS ENTERING INTO THE TRANSACTION; AND (III) ARE NOT ENTITLED TO VOTE ON DECISIONS TO ENTER INTO SUCH TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD HAS AN APPOINTED COMPENSATION COMMITTEE THAT REVIEWS AND DETERMINES EMPLOYEE SALARIES AND BENEFITS. PER SECTION 5.3(D)(II) OF THE SCHOOL BYLAWS, NO FACULTY BOARD MEMBER MAY PARTICIPATE IN THE FINAL DELIBERATIONS OR DETERMINATIONS OF COMPENSATION. THE SCHOOL USES A BOARD APPROVED SALARY SCHEDULE. ALL DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES, ANNUALLY. SALARY SCHEDULES ARE REVIEWED AND DISCUSSED BY THE FINANCE REVIEW COMMITTEE AND BOARD. PROPOSED CHANGES ARE CONSIDERED WITH ANNUAL COLA (COST OF LIVING ADJUSTMENTS) AND STEP CHANGES/INCREASES. BOARD APPROVAL IS REQUIRED FOR ANY CHANGES. TEACHERS WHO ARE MEMBERS OF THE BOARD ARE RECUSED FROM APPROVAL PROCESS RELATED TO THEIR SALARIES. LAST REVIEW OF THE COMPENSATION PROCESS WAS DONE IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE 990 AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST TO THE SCHOOL. THE AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE SCHOOL'S WEBSITE. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICE FEES: PROGRAM SERVICE EXPENSES 626,293. MANAGEMENT AND GENERAL EXPENSES 35,846. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 662,139. PURCHASED SERVICES FROM BVSD: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 660,695. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 660,695. FORM 990, PART XI, LINE 9: NET CHANGE IN PENSION LIABILITY 1,584,288. FORM 990, PART XII, LINE 1 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.