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PROSPECT ACADEMY OF COLORADO

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Tax-exempt status may be revoked

PROSPECT ACADEMY OF COLORADO

EIN 83-0644325 · Charter Schools (B29)

What they do

Provide A Safe, Calm and Inclusive Learning Environment That Educates Students With Behavioral and Learning Challenges.

Before you give

Should I give to this charity?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

68.97%of revenue went to mission work55.2% of expenses · Program services
$125.02spent for every $100 of revenueSpending was higher than revenue this year.
56.05%of revenue went to management and office costs44.8% of expenses
$0.37in assets for every $1 spent this yearSome assets cannot be spent right away.
44.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $646,619 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $92,500 for MIA COFFING (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,584,366
Mission workProgram services$1,782,42868.97% of revenue55.2% of expenses
ManagementOffice and general costs$1,448,55756.05% of revenue44.8% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$3,230,985125.02% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 55.2% mission · 44.8% management · 0.0% fundraisingTotal expenses: 125.02% of revenue
2023Expense mix: 44.0% mission · 56.0% management · 0.0% fundraisingTotal expenses: 107.97% of revenue
2022Expense mix: 55.4% mission · 44.6% management · 0.0% fundraisingTotal expenses: 105.07% of revenue
2021Expense mix: 2.8% mission · 97.2% management · 0.0% fundraisingTotal expenses: 103.78% of revenue

Money in and money out

Revenue$2,584,366
Expenses$3,230,985
Annual shortfall $646,619 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,782,428 · 55.2% of expenses
Management and office costs$1,448,557 · 44.8% of expenses
See all reported dollar amounts
Revenue$2,584,366
Expenses$3,230,985
Assets$1,193,942
Income$2,584,366
Contributions$1,145,478
Mission work (program services)$1,782,428
Management and general$1,448,557
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MIA COFFINGEXECUTIVE DIRECTOR · 40 hrs/week $92,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

MIA COFFINGEXECUTIVE DIRECTOR

ALLISON MINCKSMEMBER

DANIEL THOMPSONMEMBER

DEBBIE KUNZTREASURER

JENNIFER MANERASECRETARY

LINZI KINGMEMBER

LOUISA AMOTTMEMBER

SAM CARWYNMEMBER

TIM FARMERPRESIDENT

About this charity

Recognized since
January 2022
Location
5592 INDEPENDENCE ST, ARVADA, CO 80002-2922
County
Jefferson
In care of
% MIA COFFING
Primary officer
Mia Coffing, Executive Director

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
HINKLE & COMPANY PC
NTEE classification
Charter Schools (B29)
IRS tax category
Charter Schools
Revocation date
November 15, 2020

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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