SkyView Academy
Nonprofit profile at a glance
- EIN
- 263695161
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024
- Location
- Highlands Ranch, CO, USA
- Phone
- 3034718439
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $19,752,060
- Expenses
- $17,868,649
- Assets
- $36,093,307
- Liabilities
- $48,105,548
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Theresa Linne (President)
- Steve Kostiuk (Vice President)
Highest reported compensation
- Janet Worley (Head of Schools): $133,921 total reported compensation
- Lisa Jarvi (Director of Finance, Opera): $124,576 total reported compensation
- Javier Negron (Principal): $111,379 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
SkyView Academy offers a research-based, content rich liberal arts program with a commitment to foreign language studies and community service. Staff, parents, and students are actively involved in a culture of expectation and support where individuals are respected, valued, and known by the content of thier character.
What it reported doing in 2024
Provided content-rich, research-based educational services at the elementary, middle, and high school levels. We are committed to foreign language and community service benefiting approximately 1,355 students for the 2024-2025 school year.
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: 49
- Transparency & Controls: 84
- Accountability: 94
- Sustainability: 57
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.4%; rating input score 52
- Program expense ratio: 58.8%; rating input score 59
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.5%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 2.02; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 1.33; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 3.3%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: 5.4% per year; rating input score 100; 45th percentile among comparable filings
- Revenue growth: 7.6% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: -3.6% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 52.4% of revenue deployed · 58.8% of spending went to programs
- Governance: 6 of 6 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $10.5M in reported program spending
- Leadership: top reported pay $134K · 11 people listed
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 5 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 52/100.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 3/100.