French American School of Denver
Nonprofit profile at a glance
- EIN
- 844652195
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Denver, CO, USA
- Phone
- 7209661380
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $3,602,786
- Expenses
- $3,493,835
- Assets
- $2,518,126
- Liabilities
- $2,189,228
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- JULIA ERLBAUM (BOARD CHAIR)
- YANA GRIGORTCHOUK (BOARD SECRET)
- STEFAN HELLSTROM (BOARD TREASU)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To develop bilingual, bi-literate learners through french language- immersion curriculum meeting the highest educational standards of the united states and france and delivered in a highly diverse learning environment that promotes critical thinking, creativity, and empathy.
Operating model
- Revenue model
- Earned-program. 93% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 43
- Transparency & Controls: 92
- Accountability: 82
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48.1%; rating input score 48
- Program expense ratio: 49.7%; rating input score 50
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 0.72; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0.87; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: 34.6% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 37.8% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 28.2% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 48.1% of revenue deployed · 49.7% of spending went to programs
- Governance: 6 of 6 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1.7M in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 45/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.