Nonprofit · EIN 20-4574040
UNIVERSITY SCHOOLS
Also known as ASCENT CHRISTIAN SCHOOL
Tax-exempt · COLORADO SPGS, CO 80907
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $3,062,766 | $2,271,847 | $790,919 | $1,041,664 | $111,914 | $929,750 |
| May 31, 2024 | 990 | $1,717,870 | $1,750,746 | -$32,876 | $351,687 | $92,732 | $258,955 |
| May 31, 2023 | 990 | $1,414,855 | $1,492,132 | -$77,277 | $279,799 | $13,128 | $266,671 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $1,423,381
- Program service revenue
- $1,487,307
- Investment income
- $0
- Other revenue
- $152,078
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $127,158
- Other salaries and wages
- $1,014,069
- Salaries, compensation and benefits (total)
- $1,265,028
- Professional fundraising fees
- $0
- Legal fees
- $33,243
- Accounting fees
- $1,965
- Occupancy
- $220,000
- Travel
- $9,897
- Depreciation
- $16,038
- Program services (functional)
- $1,279,062
- Management and general (functional)
- $992,785
Balance sheet and other
- Total assets, start of year
- $339,657
- Total assets, end of year
- $1,041,664
- Total liabilities, end of year
- $111,914
- Net assets, end of year
- $929,750
- Land, buildings and equipment
- $103,058
- Gross receipts
- $3,062,766
- Employees
- 75
- Year formed
- 2006
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Davey Glenn | Board member Trustee or director | 0 | $0 |
| Lauren Yanez | Board member Trustee or director | 0 | $0 |
| Christy Carroll | Board member Trustee or director | 0 | $0 |
| Brad Lofton | Board member Trustee or director | 0 | $0 |
| Joshua Canafax | Board member Trustee or director | 0 | $0 |
| Jennifer Sutherland | Head Administrator Officer | 40 | $0 |
| Nathan Salsbery | Chair of the Board Officer | 0 | $0 |
| Heather Johnson | Administrator of Business Key employee | 40 | $0 |
990 for the year ended May 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Josh Bennett | Board member Trustee or director | 0 | $0 |
| Lauren Yanez | Board member Trustee or director | 0 | $0 |
| Christy Carroll | Board member Trustee or director | 0 | $0 |
| Dean Merrill | Board member Trustee or director | 0 | $0 |
| Davey Glenn | Board member Trustee or director | 0 | $0 |
| Tre Pinyerd | Board member Trustee or director | 0 | $0 |
| Jennifer Sutherland | Head Administrator Officer, Key employee | 40 | $0 |
| Nathan Salsbery | Chair of the Board Officer | 0 | $0 |
| Heather Johnson | Administrator of Business Key employee | 0 | $0 |
990 for the year ended May 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nathan Salsbery | Chairman Trustee or director | 0 | $0 |
| Dana Yeakley | Director Trustee or director | 0 | $0 |
| Chris Bole | Director Trustee or director | 0 | $0 |
| Lauren Yanez | Director Trustee or director | 0 | $0 |
| Davey Glenn | Director Trustee or director | 0 | $0 |
| Tre Pinyerd | Director Trustee or director | 0 | $0 |
| Scotty Glaze | Director Trustee or director | 0 | $0 |
| Walter Hintz | Chairman Trustee or director | 0 | $0 |
| Sandor Csikesz | Director Trustee or director | 0 | $0 |
| Nathan Merrill | Director Trustee or director | 0 | $0 |
| Josh Bennett | Director Trustee or director | 0 | $0 |
| Jennifer Sutherland | Head Administrator Officer, Key employee | 40 | $0 |
| Jacob Busby | Administrator of Operations Key employee | 0 | $0 |
| Kristi Glaze | Administrator of Admissions Key employee | 0 | $0 |
| Heather Johnson | Administrator of Business Key employee | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 4330 MARK DABLING BLVD, COLORADO SPGS, CO 80907-4208
- In care of
- % JENNIFER SUTHERLAND
- Signed the 990
- JENNIFER SUTHERLAND, Head Administrator
- Phone
- (719) 302-3751
- Website
- https://usco.org/
- Return prepared by
- My Accounting and Taxes
Mission
To ignite a passion for Jesus in students through experiences in worship, academics, missions, leadership and adventure.
Program accomplishments
- Academic Program: Our first priority is to help young people, K4-12th grades, grow in the Christian faith. To accomplish this goal, we partner with our parents in the education process. Parents and students follow teacher provided lesson plans for Monday and Friday at home days. Tuesday through Thursday are at school days. Our elementary program for K4-5th focuses on the core academics. We offer a full course of study including Math, Science, Social Studies, PE, Language Arts, and Fine Arts. The secondary program consists of Junior High (6th-8th grade) and High School (9th-12th grade). In addition to the core academics, these students take Foreign Language, Computer Science, Adventure, and electives. We offer dual credit and online learning opportunities through online partner schools. USCO also offers honors.Expenses $1,262,464 · revenue $1,405,957
- Adventure Program: The Adventure Program is designed to teach students multiple outdoor disciplines and leadership skills that can be carried throughout life. Our vision is to cultivate lifelong servant leaders,united as a team to become more like Christ and strive to build skills that empower students to live adventurously in Gods creation. Along with classroom lectures, students spend ample time outdoors putting their skills to practice both locally and out of state. We teach canyoneering, mountaineering, rock climbing, ice climbing, backpacking, sailing and wilderness medicine.Expenses $13,186 · revenue $46,550
- Theater Program: The theater program trains students to use talents in acting and singing to build confidence and performance experience. Students are encouraged to use their God-given gifts to bless audiences. The skills they learn equip them to communicate effectively and confidently. They also learn all aspects of theater production: auditions, singing, dancing, acting, set design and creation, technical skills, strong work ethics, and public performance. This variety of experiences prepare students to advance into post-High School endeavors.Expenses $3,412 · revenue $9,250
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4574040
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $1,041,664
- Income (IRS master file)
- $3,062,766
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $3,062,766 | $2,271,847 | $1,041,664 | XML |
| 990 | May 2024 | $1,717,870 | $1,750,746 | $351,687 | XML |
| 990 | May 2023 | $1,414,855 | $1,492,132 | $279,799 | XML |
| 990 | May 2022 | $1,414,855 | $1,492,132 | $279,799 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4574040).
Questions about UNIVERSITY SCHOOLS
- What is the EIN of UNIVERSITY SCHOOLS?
- The employer identification number (EIN) of UNIVERSITY SCHOOLS is 20-4574040.
- Is UNIVERSITY SCHOOLS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to UNIVERSITY SCHOOLS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSITY SCHOOLS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSITY SCHOOLS due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY SCHOOLS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who are the officers and directors of UNIVERSITY SCHOOLS?
- The 990 for the year ended May 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does UNIVERSITY SCHOOLS have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $3,062,766, expenses of $2,271,847 and total assets of $1,041,664 at year end.
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