Required Financial Transparency
Colorado Revised Statutes, 22-44-304
Charter School Adopted Budget - Including Uniform Budget Summary:
Charter School Financial Audit (Audits are completed through early fall, with results generally provide in October. We are just beginning the initial planning and auditing stages, and Merit Academy's first financial audit will be complete and for report by Fall, 2022, as is typical practice and timeline.)
Charter School Salary Schedules (current and prior two years): 2021-22 Year One Teacher Salary: $39,000-$49,000 based on education and experience. Para staff: $18-$20/hr. Deans/Directors: $49,000-$70,000 depending on education/experience.
Federal Form 990, 990-EZ, or 990-PF and any associated schedules (We are still in the midst of our first fiscal year as a school - July 1, 2021 through June 30, 2022. When we have completed this fiscal year and file taxes, this form will be posted herein).
Link to Authorizing School District’s Financial Transparency Webpage https://wpsdk12.org/business-services
Link to Public Financial Transparency Website View: https://coloradok12financialtransparency.com
Note: Charter schools are not required to post a financial data file as the charter school’s data is incorporated into the school district’s posted financial data file.
CDE Disclaimer: Please consider the context when evaluating financial transactions. Some transactions may appear improper on the surface but are perfectly normal and justifiable when placed in the proper context. We welcome your questions regarding our financial transactions or records.
Required Link: Colorado Department of Education School Finance Division
List of Waivers Received & Standardized Description of Waivers: