Mackintosh Academy
Nonprofit profile at a glance
- EIN
- 840747083
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- Boulder, CO, USA
- Phone
- 3037946222
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $9,252,992
- Expenses
- $9,039,416
- Assets
- $16,093,423
- Liabilities
- $10,113,190
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Highest reported compensation
- ELIZABETH STEKLAC (PREVIOUS HEAD OF SCHOOL- LITTLETON): $210,446 total reported compensation
- ELIZABETH PETERSON (MS DIRECTOR- BOULDER): $148,271 total reported compensation
- STEPHANIE DEITZ (HEAD OF SCHOOL- BOULDER): $131,739 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mackintosh academy is committed to an academic program that emphasizes the creative aspect of giftedness, engenders a passion for life-long learning and provides opportunities for service to the community. The academy strives to ensure that each child develops socially, emotionally, creatively, physically and cognitively in a nurturing and supportive environment.
What it reported doing in 2024
Mackintosh academy (the academy, we, us, our) opened in 1977 as the first private academy in Colorado to recognize the unique needs of gifted children. Committed to providing the community a rich resource for gifted children, we have two campuses with two separate llc's: our first campus located on three acres in south littleton, Colorado, serving 109 students; and our boulder, Colorado, campus, established in 2011 and located on twenty-three acres, serving over 155 students. We strive to provide an enjoyable environment for the gifted child. Our goal is to maximize learning potential and promote development of the whole child, as well as to foster a sense of responsibility for one's individual talents. We are committed to an exciting academic program that emphasizes the creative aspects of giftedness, engenders a passion for life-long learning and provides opportunities for service to the community. We work to ensure that each child develops socially, emotionally, creatively, physically, and cognitively in a nurturing and supportive environment.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 87% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 75
- Accountability: 95
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.6%; rating input score 77
- Program expense ratio: 79.5%; rating input score 80
- Fundraising efficiency: $1.81 raised per $1 spent on fundraising; rating input score 5; 5th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- 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: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.3%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 1.78; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.63; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 9.8%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 7.1% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 10.9% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 76.6% of revenue deployed · 79.5% of spending went to programs
- Governance: 3 of 3 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $7.2M in reported program spending
- Leadership: top reported pay $210K · 10 people listed · 1 of 6 pay-setting controls reported
- Consistency: 35 of 35 current checks pass
- Schedules: 10 filed schedules · includes major donors, grants, and executive pay
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- High — Financial Efficiency: Fundraising efficiency scored 5/100.
- Moderate — Sustainability: Operating margin scored 42/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.