Financial Transparency Expenditures
Skip to main content

Colorado Department of Education

Financial Transparency

Fiscal Year
2024 - 2025

Home
caret-left New Summit Charter Academy
pending Historical Data circle-contrast Compare
Students Info
628
Students Served
Serves Elementary School Grades Serves Middle School Grades Charter

Spending Overview

About Spending and Expenditures

About Spending

Expenditure describes the monies expensed by the school, district, or BOCES. Expenditures are described by the following dimensions: Type, Areas, and Job. Each of these dimensions is then aggregated by sub-component.

  1. Learning Environment Total

    Learning Environment

    $6,578,122 (73%)
  2. Operations Total

    Operations

    $2,395,983 (27%)
$8,974,104

Total

Construction, Debt, Refinancing and Other Total Construction, Debt, Refinancing & Other
$1,512,688

Total

Total Spending

$10,486,792

View Total Spending Breakdown

  1. Salaries & Benefits
    $5,741,092
    55%
  2. Services
    $3,391,475
     32%
  3. Supplies
    $325,751
     3%
  4. Property, Debt & Other
    $1,028,474
     10%

Salaries & Benefits

  1. Administrators
    $739,258
     13%
  2. Professional - Instructional
    $3,901,214
     68%
  3. Professional - Other
    $107,701
     2%
  4. Paraprofessionals
    $480,495
     8%
  5. Office / Administrative Support
    $336,014
     6%
  6. Crafts, Trades, and Services
    $176,409
     3%
  7. Total Salaries & Benefits
    $5,741,092
     

    8. View Breakdown of Salaries & Benefits

Learning Environment

About Learning Environment Expenditures

About Learning Environment

Expenditures found within the Learning Environment are most associated with having an impact on learning. There are six sub-components to the Learning Environment: Instruction, Activities & Athletics, Student Support, Staff Support, School Administration, and District Administration.

Learning Environment Breakdown by Type
  1. Instructional Total

    Instructional

    $4,681,026 (71%)
  2. Activities and Athletics Total

    Activities & Athletics

    $85,357 (1%)
  3. Student Support Total

    Student Support

    $294,219 (4%)
  4. Staff Support Total

    Staff Support

    $314,351 (5%)
  5. School Administration Total

    School Administration

    $669,182 (10%)
  6. District Administration Total

    District Administration

    $533,987 (8%)

Instructional Spending

$4,681,026

View Instructional Spending Breakdown

Instructional Spending Per Student
$7,454

$ Per Student

  1. Salaries & Benefits
    $3,881,928
     83%
  2. Services
    $589,915
     13%
  3. Supplies
    $209,183
     4%
  4. Property, Debt & Other
    $0
     0%

Activities & Athletics Spending

$85,357

View Activities & Athletics Breakdown

Activities and Athletics Spending Per Student
$136

$ Per Student

  1. Salaries & Benefits
    $41,026
    48%
  2. Services
    $20,649
    24%
  3. Supplies
    $23,682
    28%
  4. Property, Debt & Other
    $0
    0%

Student Support Spending

$294,219

View Student Support Breakdown

Student Support Spending Per Student
$469

$ Per Student

  1. Salaries & Benefits
    $266,676
    91%
  2. Services
    $26,415
    9%
  3. Supplies
    $1,128
    0%
  4. Property, Debt & Other
    $0
    0%

Staff Support Spending

$314,351

View Staff Support Breakdown

Staff Support Spending Per Student
$501

$ Per Student

  1. Salaries & Benefits
    $252,944
    80%
  2. Services
    $57,809
    18%
  3. Supplies
    $3,598
    1%
  4. Property, Debt & Other
    $0
    0%

School Administration Spending

$669,182

View School Administration Breakdown

School Administration Spending Per Student
$1,066

$ Per Student

  1. Salaries & Benefits
    $523,396
    78%
  2. Services
    $77,499
    12%
  3. Supplies
    $25,123
    4%
  4. Property, Debt & Other
    $43,164
    6%

District Administration Spending

$533,987

View District Administration Breakdown

District Administration Spending Per Student
$850

$ Per Student

  1. Salaries & Benefits
    $363,230
    68%
  2. Services
    $154,751
    29%
  3. Supplies
    $0
    0%
  4. Property, Debt & Other
    $16,006
    3%

Learning Environment Total

$6,578,122

  1. Salaries & Benefits
    $5,329,201
    81%
  2. Services
    $927,038
    14%
  3. Supplies
    $262,713
    4%
  4. Property, Debt & Other
    $59,170
    1%

Operations

About Operations Expenditures

About Operations

Expenditures found within the Operations provide the essential services necessary to support the activities found within the Learning Environment. In many ways, Operations expenditures are the 'business' of the school, district, and BOCES. Operations is comprised of five sub-categories: Food Services, Transportation, Operations & Maintenance, Other Support Services, and Enterprise Services.

Operations Breakdown by Type
  1. Food Services Total

    Food Services

    $0 (0%)
  2. Transportation Total

    Transportation

    $0 (0%)
  3. Operations and Maintenance Total

    Operations & Maintenance

    $1,886,014 (79%)
  4. Other Support Total

    Other Support

    $509,969 (21%)
  5. Enterprise Total

    Enterprise

    $0 (0%)

Food Services Spending

$0

This organization does not have any data reported in this area
Food Services Spending Per Student
$0

$ Per Student

  1. Salaries & Benefits
    $0
    0%
  2. Services
    $0
    0%
  3. Supplies
    $0
    0%
  4. Property, Debt & Other
    $0
    0%

Transportation Spending

$0

This organization does not have any data reported in this area
Transportation Spending Per Student
$0

$ Per Student

  1. Salaries & Benefits
    $0
    0%
  2. Services
    $0
    0%
  3. Supplies
    $0
    0%
  4. Property, Debt & Other
    $0
    0%

Operations & Maintenance Spending

$1,886,014

View Operations Maintenance Breakdown

Operations and Maintenance spending per student
$3,003

$ Per Student

  1. Salaries & Benefits
    $176,409
    9%
  2. Services
    $1,646,987
    87%
  3. Supplies
    $62,617
    3%
  4. Property, Debt & Other
    $0
    0%

Other Support Spending

$509,969

View Other Support Breakdown

Other Support spending per student
$812

$ Per Student

  1. Salaries & Benefits
    $235,482
    46%
  2. Services
    $274,066
    54%
  3. Supplies
    $421
    0%
  4. Property, Debt & Other
    $0
    0%

Enterprise Spending

$0

This organization does not have any data reported in this area
Enterprise spending per student
$0

$ Per Student

  1. Salaries & Benefits
    $0
    0%
  2. Services
    $0
    0%
  3. Supplies
    $0
    0%
  4. Property, Debt & Other
    $0
    0%

Operations Total

$2,395,983

  1. Salaries & Benefits
    $411,891
    17%
  2. Services
    $1,921,053
    80%
  3. Supplies
    $63,038
    3%
  4. Property, Debt & Other
    $0
    0%

Construction, Debt, Refinancing & Other

Construction, Debt, Refinancing and Other

About Construction, Debt, Refinancing & Other

Expenditures found within Construction, Debt, Refinancing & Other are those that enrich the greater community. There are four sub-components within Community: Facilities Acquisitions and Construction Services, Debt Services & Other Uses, Community Services, and Adult Education.

Construction, Debt, Refinancing & Other Breakdown by Type
  1. Construction Facilities Acquisitions and Construction Services

    Construction Facilities Acquisitions
    and Construction Services

    $38,548 (3%)
  2. Debt Services & Other Uses

    Debt Services & Other Uses

    $1,474,140 (97%)
  3. Community Services

    Community Services

    $0 (0%)
  4. Adult Education

    Adult Education

    $0 (0%)

Construction Facilities Acquisitions and Construction Services Spending

$38,548

View Construction & Facilities Breakdown

  1. Salaries & Benefits
    $0
    0%
  2. Services
    $0
    0%
  3. Supplies
    $0
    0%
  4. Property, Debt & Other
    $38,548
    100%

Debt Services & Other Uses Spending

$1,474,140

View Debt Services Breakdown

  1. Salaries & Benefits
    $0
    0%
  2. Services
    $543,383
    37%
  3. Supplies
    $0
    0%
  4. Property, Debt & Other
    $930,757
    63%

Community Services Spending

$0

This organization does not have any data reported in this area
  1. Salaries & Benefits
    $0
    0%
  2. Services
    $0
    0%
  3. Supplies
    $0
    0%
  4. Property, Debt & Other
    $0
    0%

Adult Education Spending

$0

This organization does not have any data reported in this area
  1. Salaries & Benefits
    $0
    0%
  2. Services
    $0
    0%
  3. Supplies
    $0
    0%
  4. Property, Debt & Other
    $0
    0%

Construction, Debt, Refinancing & Other Total

$1,512,688

  1. Salaries & Benefits
    $0
    0%
  2. Services
    $543,383
    36%
  3. Supplies
    $0
    0%
  4. Property, Debt & Other
    $969,305
    64%

Funds

Funds

About Funds

A fund is an independent fiscal and accounting entity with a self-balancing set of accounts for recording cash and other financial resources. It contains all related assets, liabilities and residual equities or balances, or changes therein. Funds are established to carry on specific activities or attain certain objectives of the school district according to special legislation, regulations, or other restrictions.

Funds Breakdown

  • General Fund
    $402,273
    Learning Environment
    $39,769
    (10%)
    Operations
    $0
    (0%)
    Construction, Debt, Refinancing & Other
    $362,504
    (90%)
  • Charter School Fund
    $9,908,140
    Learning Environment
    $6,538,353
    (66%)
    Operations
    $2,395,983
    (24%)
    Construction, Debt, Refinancing & Other
    $973,805
    (10%)
  • Governmental Designated-Purpose Grants Fund (optional)
    $176,379
    Learning Environment
    $0
    (0%)
    Operations
    $0
    (0%)
    Construction, Debt, Refinancing & Other
    $176,379
    (100%)

Powered by The Colorado Department of Education