Financial Transparency

Ben Franklin Academy operates utilizing a fiscal year beginning July 1st and ending June 30 of the following year.  In addition, BFA uses a modified accrual method of accounting and is aligned with the Colorado Department of Education’s Chart of Accounts.  Financial statements are reviewed and monitored by their governing Board of Directors as well as a Finance Committee with a minimum of 3 parent representatives on a monthly basis. 

The Finance Committee works with the Academy's Business Manager in overseeing the Academy's budget and audits.  Currently Ward Cerny is the chair of this committee.  Member's bios can be found here.  

If you would like to inquire about financial information please contact us at finance@bfacademy.org.

Ben Franklin Academy Financials:

Current Fiscal Year Quarterly Unaudited Statements

• Quarter 1.pdf


• Quarter 2.pdf

Monthly Check Reister's

•  December Register.pdf


• November Register


•  October Register


•  September Register

Current Fiscal Year Budgets

•  2011-2012 Budget.pdf

Financial Policies:

• Finance Policies and Procedures


• Salary Bandings


• The Academy's Employee Leave and Compensation Policy can be found on page 6 of the Employee Handbook. 

Previous Fiscal Year Audited Statements:

To be posted when we actually have a previous year to have audited. 

External Sites:

• Douglas County School District – Financial Transparency.


• Colorado Department of Education Website – Visit the Colorado Department of Education (CDE) website to learn more about the Public School Finance Act.