Platte River Academy

EIN: 841411991 501(c)(3) Education

Littleton, CO

Total Revenue
$10,240,538
Total Expenses
$10,120,398
Total Assets
$11,606,870
Net Assets
$-4,166,656
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
CO
Principal Officer
Kate Lindenberg
Phone
3032211070
Tax Period
2024-07-01 to 2025-06-30

Platte River Academy, founded in 1997, is a mid-sized nonprofit in the Education sector that reported $10.2M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

Provide a content-rich academically rigorous education for grades K-8, with a well-defined sequential curriculum in a safe, orderly and caring enviroment. The major focus is to teach and ensure mastery of Ed Hirsch's core knowledge curriculum.

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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 $667,512
Program Service Revenue $8,201,378
Investment Income $209,928
Other Revenue $1,161,720
TOTAL REVENUE $10,240,538

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,744,754
Fundraising Expenses $0
Program Expenses $6,778,492
Other Expenses $4,375,644
TOTAL EXPENSES $10,120,398

Year-over-Year Comparison

2024 2023 Change
Revenue $10,240,538 $8,372,583 +0.2%
Expenses $10,120,398 $7,685,982 +0.3%
Net Income $120,140 $686,601 -0.8%
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
147
Volunteers
550

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
6
$318,432
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marissa Buzan President 2.00
Officer Director
$0 $0 $0
Erik Neperud Treasurer 2.00
Officer Director
$0 $0 $0
Justin Byrd Vice President 2.00
Director
$0 $0 $0
Brandon Keough Secretary 2.00
Officer Director
$0 $0 $0
Jodi Taylor Member 2.00
Director
$0 $0 $0
Amy Pallatt Member 2.00
Director
$0 $0 $0
Kate Lindenberg Member 2.00
Director
$0 $0 $0
Becky Bonner Director of Academics 40.00
Officer
$6,324 $0 $6,324
Alan McQueen Director of Operations 40.00
Officer
$167,157 $0 $167,157
Kera Pratt Director of Academics 40.00
Officer
$144,951 $0 $144,951
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 $10,240,538 $10,120,398 $11,606,870 $120,140
2024 $8,372,583 $7,685,982 $11,831,080 $686,601
2023 $6,782,972 $6,290,885 $9,998,928 $492,087
2022 $7,690,608 $6,211,086 $9,167,420 $1,479,522
2021 $7,959,641 $6,103,939 $10,666,396 $1,855,702
2020 $6,753,740 $5,232,220 $9,291,854 $1,521,520
2019 $6,475,055 $5,365,019 $10,813,379 $1,110,036
2018 $4,733,490 $8,198,267 $13,501,249 $-3,464,777
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