Required Financial Transparency

Colorado Revised Statutes, 22-44-304
(Commencing July 1, 2015)

Ben Franklin Academy (BFA) 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 BFA's Business Manager in overseeing the BFA's budget and audits.  Member's bios can be found here.  

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

Ben Franklin Academy Financials

Annual Budgets

Audited Financial Statements

Quarterly Unaudited Statements

Monthly Credit Card Statements

Monthly Check Registers

Investment Performances Statements

Investment Statements Reserves

Yearly Snapshots:  

2015-2016 (as of 10/31/15)
Student Enrollment: 893
Employees: 110
General Operating Budget: $7,410,036

2014-2015 
Student Enrollment: 887
Employees: 106
General Operating Budget: $6,982,716

2013-3014 

Student Enrollment: 859
Employees: 125
General Operating Budget: $6,574,001

2012-2013
Student Enrollment: 767
Employees: 92
General Operating Budget: $5,766,703

External Sites:

Douglas County School District - Financial Transparency
Colorado Department of Education Website

Financial Policies & Procedures

Ben Franklin Academy does not currently follow a salary schedule

BFA's Employee Leave and Compensation Policy can be found on page 18 of the 2015/2016 BFA Employee Handbook.