2025-10-15T15:25:26-05:00 2024-12-31 840803727 REESE HENRY & COMPANY INC 400 E MAIN ST STE 2 ASPEN CO 81611 990 2024-01-01 840945670 THE TELLURIDE ACADEMY INC TELL 9707285311 PO BOX 2255 TELLURIDE CO 81435 JASON MERRITT EXECUTIVE DIRECTOR 9707285311 2025-10-14 1 1 ANDY WELGOS CPA P01407049 9709253771 2024 2025-03-06 01:10:19Z JASON MERRITT PO BOX 2255 TELLURIDE CO 81435 3871401 0 X WWW.TELLURIDEACADEMY.ORG X 1991 CO INSPIRE CHILDREN AND TEENS THROUGH EXPERIENTIAL EDUCATION THAT PROMOTES PHYSICAL ACTIVITY, CREATIVE LEARNING, ENVIRONMENTAL STEWARDSHIP, RESPONSIBILITY TO OTHERS, AND POSITIVE LIFE CHOICES. 7 7 54 10 0 0 569202 501206 1630817 1468001 106479 148291 2902 5052 2309400 2122550 302791 253720 0 0 910463 1020263 0 0 109140 754720 716949 1967974 1990932 341426 131618 3193610 3797212 656079 1004599 2537531 2792613 INSPIRE CHILDREN AND TEENS THROUGH EXPERIENTIAL EDUCATION THAT PROMOTES PHYSICAL ACTIVITY, CREATIVE LEARNING, ENVIRONMENTAL STEWARDSHIP, RESPONSIBILITY TO OTHERS, AND POSITIVE LIFE CHOICES. 0 0 1658015 253720 1473053 TELLURIDE ACADEMY PROGRAMMING FOCUSES PRIMARILY ON OUTDOOR EXPERIENTIAL EDUCATION (E.G. HIKING, ROCK CLIMBING, BACKPACKING, MOUNTAIN BIKING, KAYAKING, AND WILDERNESS EXPLORATION), PROGRAM OFFERINGS ALSO INCLUDE PERFORMING ARTS AND ARTISTIC ADVENTURES, SCIENCE EXPLORATION, AND GLOBAL AWARENESS AND TRAVEL. TELLURIDE ACADEMY PROVIDES TUITION ASSISTANCE AND SCHOLARSHIP PROGRAMS TO LOCAL AND REGIONAL STUDENTS TO HELP THEM OVERCOME FINANCIAL, CULTURAL, AND LOGISTICAL BARRIERS TO ATTENDING CAMP. TELLURIDE ACADEMY ALSO PROVIDES SUPPORT FOR STUDENTS WITH VARIOUS COGNITIVE OR PHYSICAL LIMITATIONS. 1658015 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 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 0 0 0 1 2 0 1 54 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X THE TELLURIDE ACADEMY 9707285311 PO BOX 2255 TELLURIDE CO 81435 NATHAN FRERICHS DIRECTOR 1.00 X 0 0 0 ERICKA DE MAQUERA DIRECTOR 1.00 X 0 0 0 ZOE GILLETT DIRECTOR 1.00 X 0 0 0 HALLE CANE PRESIDENT 2.00 X 0 0 0 TRISHA COWART WESTFALL VICE PRESIDENT 2.00 X 0 0 0 LISA CABRERA SECRETARY 2.00 X 0 0 0 ALISON WRIGHT TREASURER 2.00 X 0 0 0 JASON MERRITT EXECUTIVE DIRECTOR 40.00 X 124082 0 18302 LAURENCE ROSEN FINANCE DIRECTOR (THRU 9/13/24) 40.00 X 107465 0 31331 231547 0 49633 2 0 0 0 0 75023 426183 501206 TUITION AND PROGRAM FEES 900099 1436878 1436878 STAFF HOUSING 900099 21350 21350 CAMP STORE 900099 7873 7873 VEHICLE RENTAL 900002 1900 1900 1468001 74761 74761 1822381 1748851 73530 73530 73530 MISCELLANEOUS INCOME 900099 5052 5052 5052 2122550 1473053 0 148291 253720 253720 281180 140591 91112 49477 603105 513217 79286 10602 60741 52445 4968 3328 75237 64793 8703 1741 41328 13776 13776 13776 52378 34200 6422 11756 89025 61675 12280 15070 3154 2681 315 158 70602 65965 2782 1855 3800 3800 5589 5589 24169 24169 27554 22044 4133 1377 49050 49050 PROGRAM ACTIVITIES 288359 288359 PROGRAM STAFF TRAINING 55951 55951 PROGRAM STAFF HOUSING 5990 5990 1990932 1658015 223777 109140 332806 186593 1084 14482 24140 28285 1159031 218313 968272 940718 1767308 2283035 100000 0 344099 3193610 3797212 4372 34868 567486 557222 84221 412509 656079 1004599 X 2282906 2730886 254625 61727 2537531 2792613 3193610 3797212 131618 137954 -14490 0 X 1 X 0 0 0 X 418637 539030 596273 569202 501206 2624348 418637 539030 596273 569202 501206 2624348 2624348 132928 11096 82845 87311 98011 412191 2902 5052 7954 3044493 6197043 0.86200 0.81590 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1527833 267886 1795719 1.00000 0 0 39000 39000 1089125 187407 901718 30906 30906 0 940718 OPERATING LEASE RIGHT-OF-USE ASSET 344099 344099 DEFERRED PROGRAM INCOME 67031 OPERATING LEASE LIABILITY 345478 412509 PART V, LINE 4: THE BOARD DESIGNATED ENDOWMENT FUND WAS ESTABLISHED IN 1997 BY THE BOARD OF DIRECTORS TO PROMOTE LONG-TERM FINANCIAL STABILITY AND SERVE AS A RESERVE FOR SPECIAL FINANCIAL NEEDS CONSISTENT WITH THE ACADEMY'S MISSION. 1 TUITION ASSISTANCE/DISCOUNT 214 253720 COST NEED-BASED AND FINANCIAL ASSISTANCE IS AWARDED TO FAMILIES AS A REDUCTION OF GROSS TUITION CHARGED. PART I, LINE 2: NEED-BASED ASSISTANCE IS AWARDED TO FAMILIES WHO DEMONSTRATE FINANCIAL NEED BY COMPLETING A CONFIDENTIAL TUITION ASSISTANCE APPLICATION, WHICH IS THEN APPLIED TO A SLIDING SCALE THAT TAKES INTO ACCOUNT ANNUAL INCOME AND FAMILY SIZE. FINANCIAL ASSISTANCE IS ALSO PROVIDED THROUGH CULTURAL AND REGIONAL OUTREACH INITIATIVES. X X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE DIRECTOR AND EXECUTIVE DIRECTOR REVIEW THE FORM 990 DRAFT IN DETAIL. THE DRAFT IS THEN FORWARDED TO FINANCE COMMITTEE MEMBERS FOR REVIEW AND COMMENTS PRIOR TO THE FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY REQUIRES BOARD MEMBERS, STAFF, AND VOLUNTEERS TO PROACTIVELY NOTIFY THE FULL BOARD OF ANY POTENTIAL CONFLICTS. ALL POTENTIAL CONFLICTS ARE REVIEWED BY THE BOARD OF DIRECTORS WITHOUT THE PRESENCE OF THE INTERESTED PARTY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S ANNUAL SALARY WITH NO PARTICIPATION BY THE EXECUTIVE DIRECTOR OR OTHER INTERESTED PERSONS. THE EXECUTIVE DIRECTOR'S SALARY IS ESTABLISHED USING COMPARABLE DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILAR NONPROFITS, CONSIDERATION OF ROLES AND RESPONSIBILITIES OF THE EXECUTIVE DIRECTOR, AND COST OF LIVING DATA. COMPARABLE MARKET DATA IS OBTAINED FROM SALARY SURVEYS AND FORM 990S FILED BY COMPARABLE NON-FOR-PROFIT ORGANIZATIONS. A LINE ITEM BUDGET IS APPROVED BY THE BOARD OF DIRECTORS ANNUALLY. THE BOARD APPROVES OVERALL SALARIES AND BENEFITS EXPENSES. DISCUSSIONS AND DECISIONS REGARDING THE BUDGET ARE DOCUMENTED IN BOARD MEETING MINUTES. THE EXECUTIVE DIRECTOR REVIEWS AND APPROVES THE SALARIES OF KEY EMPLOYEES WITH NO PARTICIPATION BY THE INTERESTED PERSONS. IN ACCORDANCE WITH THE ANNUAL BUDGET APPROVED BY THE BOARD, THE EXECUTIVE DIRECTOR ESTABLISHES SALARIES USING COMPARABLE DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILAR NONPROFITS, CONSIDERATION OF ROLES AND RESPONSIBILITIES OF THE EXECUTIVE DIRECTOR, AND COST OF LIVING DATA. COMPARABLE MARKET DATA IS OBTAINED FROM SALARY SURVEYS AND FORM 990S FILED BY COMPARABLE NON-FOR-PROFIT ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 WE CONSIDER REQUESTS ON A CASE-BY-CASE BASIS.