INTERNATIONAL SCHOOL OF DENVER

EIN: 840761183 501(c)(3) Education

DENVER, CO

Total Revenue
$25,695,979
Total Expenses
$22,359,585
Total Assets
$56,993,678
Net Assets
$14,459,346
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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
CO
Principal Officer
ROBERT CARIGNAN
Phone
3033403647
Tax Period
2024-07-01 to 2025-06-30

INTERNATIONAL SCHOOL OF DENVER, founded in 1978, is a mid-sized nonprofit in the Education sector that reported $25.7M in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $22.4M left a modest 13% surplus.

Mission

OUR INCLUSIVE, GLOBALLY-MINDED COMMUNITY DEVELOPS HIGHLY MOTIVATED AND ACADEMICALLY SUCCESSFUL BILINGUAL LEARNERS. ISD STUDENTS ARE INTER-CULTURALLY ADEPT AND MAKE POSITIVE CONTRIBUTIONS IN A COMPLEX WORLD.

Program Service Accomplishments

Program 1
Expenses: $17,380,344 Revenue: $19,215,790

THE SCHOOL, A COLORADO NOT-FOR-PROFIT CORPORATION INCORPORATED APRIL 25, 1978, IS AN INDEPENDENT, COEDUCATIONAL DAY SCHOOL STRIVING TO FULFILL THE HIGHEST EDUCATIONAL STANDARDS OF THE UNITED STATES...

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THE SCHOOL, A COLORADO NOT-FOR-PROFIT CORPORATION INCORPORATED APRIL 25, 1978, IS AN INDEPENDENT, COEDUCATIONAL DAY SCHOOL STRIVING TO FULFILL THE HIGHEST EDUCATIONAL STANDARDS OF THE UNITED STATES, FRANCE, SPAIN, CHINA, AND OTHER COUNTRIES IN ORDER TO PREPARE ITS STUDENTS TO THRIVE IN A DIVERSE AND COMPETITIVE GLOBAL SOCIETY. THE SCHOOL OFFERS FULL IMMERSION EDUCATION IN FRENCH, SPANISH, AND MANDARIN FOR CHILDREN AGES THREE THROUGH FIFTH GRADE. THE SCHOOL HAS AN INTERNATIONAL BACCALAUREATE PRIMARY-YEARS PROGRAM AND MIDDLE-YEARS PROGRAM, EXPANDING EDUCATIONAL OFFERINGS THROUGH EIGHTH GRADE. STARTING IN AUGUST 2025, THE SCHOOL STARTED A HIGH SCHOOL PROGRAM WITH AN INAUGURAL CLASS BEGINNING IN 9TH GRADE WITH PLANS TO EXPAND SERVICES FOR AN INCLUSIVE 9TH THROUGH 12TH GRADE EDUCATION. THE SCHOOL ENROLLED APPROXIMATELY 690 STUDENTS IN THE 2024-2025 SCHOOL YEAR IN THE DENVER, COLORADO METROPOLITAN AREA THAT COME FROM A VARIETY OF CULTURAL AND LINGUISTIC BACKGROUNDS AND MANY DIFFERENT COUNTRIES. THE SCHOOL ALSO OFFERS A WIDE VARIETY OF AFTER SCHOOL PROGRAMS FOCUSING ON SPORTS, DANCE, LANGUAGE, MUSIC AND THE ARTS. ADDITIONALLY, A VARIETY OF CAMPS ARE OFFERED DURING THE SCHOOL BREAKS AND OVER THE SUMMER. THE FRENCH PROGRAM IS ACCREDITED BY THE AEFE (AGENCY FOR FRENCH EDUCATION ABROAD), WHICH ALSO PROVIDES FINANCIAL AID TO CERTAIN STUDENTS. ADDITIONALLY, THE SCHOOL HAS AN ESTABLISHED RELATIONSHIP WITH HANBAN, THE INTERNATIONAL CULTURAL AND TEACHING ARM OF THE CHINESE MINISTRY OF EDUCATION, AND HAS BEEN NAMED A CONFUCIUS CLASSROOM, LANGUAGE AND LITERACY LABORATORY SITE. IN 2012, THE SPANISH PROGRAM WAS NAMED ONE OF THE TOP FOUR ELEMENTARY SPANISH LANGUAGE IMMERSION SCHOOLS IN NORTH AMERICA BY THE SPANISH MINISTRY OF EDUCATION, CULTURE AND SPORT.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,867,081
Program Service Revenue $19,215,790
Investment Income $177,616
Other Revenue $435,492
TOTAL REVENUE $25,695,979

Expense Breakdown

Grants Paid $2,049,779
Salaries & Benefits $13,066,050
Fundraising Expenses $350,004
Program Expenses $17,380,344
Other Expenses $7,243,756
TOTAL EXPENSES $22,359,585

Year-over-Year Comparison

2024 2023 Change
Revenue $25,695,979 $18,305,036 +0.4%
Expenses $22,359,585 $20,064,034 +0.1%
Net Income $3,336,394 $-1,758,998 -2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
240
Volunteers
100

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
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KURT PLETCHER CHAIR, DIRECTOR 2.00
Officer Director
$0 $0 $0
ARI BLUM VICE CHAIR, DIRECTOR 1.00
Officer Director
$0 $0 $0
MEGAN CARRINGTON DIRECTOR 1.00
Director
$0 $0 $0
BETH CAPRA TREASURER, DIRECTOR 1.00
Officer Director
$0 $0 $0
MISTY MEADE DIRECTOR 1.00
Director
$0 $0 $0
PAIGE REBERRY DIRECTOR 1.00
Director
$0 $0 $0
LAINIE MINNICK DIRECTOR 1.00
Director
$0 $0 $0
AARON DALNOOT DIRECTOR 1.00
Director
$0 $0 $0
HIRSHINI VON KALM DIRECTOR 1.00
Director
$0 $0 $0
CARRIE WERNECKE DIRECTOR 1.00
Director
$0 $0 $0
KIM WYATT DIRECTOR 1.00
Director
$0 $0 $0
ROBERT CARIGNAN HEAD OF SCHOOL 40.00
Highest
$248,237 $16,129 $264,366
ALEXIS WOOLL SR. DIRECTOR OF ADVANCEMEN 40.00
Highest
$168,948 $22,739 $191,687
SETH WINNERMAN SR. DIRECTOR OF OPERATIONS 40.00
Highest
$152,783 $22,739 $175,522
DREW JEFFRIES SR. DIRECTOR OF FINANCE 40.00
Highest
$127,837 $7,303 $135,140
KRISTY OKUNADE SR. DIRECTOR OF STRATEGY & 40.00
Highest
$129,832 $22,739 $152,571
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 $25,695,979 $22,359,585 $56,993,678 $3,336,394
2024 No data No data No data No data
2023 $17,898,078 $19,909,626 $43,787,543 $-2,011,548
2022 $16,419,329 $17,477,254 $42,948,160 $-1,057,925
2021 $17,937,302 $15,458,932 $37,011,628 $2,478,370
2020 $14,667,384 $14,528,825 $27,528,612 $138,559
2019 $12,830,334 $13,045,839 $25,567,813 $-215,505
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