Vega Collegiate Academy

EIN: 472103502 501(c)(3) Education

Aurora, CO

Total Revenue
$11,395,925
Total Expenses
$12,330,965
Total Assets
$19,284,454
Net Assets
$-5,841,091
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CO
Principal Officer
Guerin Gray
Phone
3038286217
Tax Period
2024-07-01 to 2025-06-30

Vega Collegiate Academy, founded in 2014, is a mid-sized nonprofit in the Education sector that reported $11.4M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

Vega Collegiate Academy is designed with an extended school day and a slightly longer school year focusing on developing strong skills in literacy and math. It executes an academically rigorous curriculum aligned with common core standards where support is immediately provided to students needing assistance acceleration or who have individual learning needs.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,589,754
Program Service Revenue $9,690,299
Investment Income $96,869
Other Revenue $19,003
TOTAL REVENUE $11,395,925

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,261,122
Fundraising Expenses $0
Program Expenses $4,722,859
Other Expenses $6,069,843
TOTAL EXPENSES $12,330,965

Year-over-Year Comparison

2024 2023 Change
Revenue $11,395,925 $10,250,324 +0.1%
Expenses $12,330,965 $11,637,446 +0.1%
Net Income $-935,040 $-1,387,122 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
81
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$179,252
Total Directors
7
$0
Key Employees
2
$179,252
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathryn Mullins Executive Director 40.00
Officer Key Emp Highest
$131,701 $35,118 $166,819
Guerin Gray Executive Director 40.00
Officer Key Emp
$11,002 $1,431 $12,433
Mark Marshall Chair 2.00
Officer Director
$0 $0 $0
Miguel Lovato Vice Chair 2.00
Officer Director
$0 $0 $0
Wendy Swanhorst Treasurer 2.00
Officer Director
$0 $0 $0
Audrey Sevalt Secretary 2.00
Director
$0 $0 $0
John Bales Member 2.00
Director
$0 $0 $0
Taryn Tong Member 2.00
Director
$0 $0 $0
Uriel Berrum Member 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $11,395,925 $12,330,965 $19,284,454 $-935,040
2024 No data No data No data No data
2023 $10,421,044 $11,826,807 $21,093,608 $-1,405,763
2022 $8,443,166 $8,825,790 $19,926,583 $-382,624
2021 $5,371,641 $5,435,621 $18,946,166 $-63,980
2020 $3,631,115 $3,598,333 $3,471,587 $32,782
2018 $1,462,581 $2,494,716 $3,320,155 $-1,032,135
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