Civic Intelligence

Paradigm High School

990 • Fiscal year 2016 • EIN 20-3338204

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 16, 2017

11577 S 3600 WSouth Jordan, UT 84095

(435) 882-3062

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.99x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

88th percentile

2.10x

Higher debt load relative to revenue than 88% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

70th percentile

9.9%

Higher net margin than 70% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

39th percentile

$97,238

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

53rd percentile

2.2%

Faster asset growth than 53% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

47th percentile

1.8%

Faster revenue growth than 47% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$9,468,402

Up $201,482 (+2.2%) from 2015

Net Assets

Up

$139,374

Up $436,750 (+147%) from 2015

Liabilities

Down

$9,329,028

Down $235,268 (-2.5%) from 2015

Revenue

Up

$4,433,890

Up $76,278 (+1.8%) from 2015

Expenses

Down

$3,997,140

Down $5,794 (-0.1%) from 2015

Net Income

Up

$436,750

Up $82,072 (+23%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0-$5.0MAssets 2011: $9,929,648Liabilities 2011: $10,051,685Net Assets 2011: -$122,0372011Assets 2012: $9,827,885Liabilities 2012: $10,192,261Net Assets 2012: -$364,3762012Assets 2013: $9,551,531Liabilities 2013: $10,130,302Net Assets 2013: -$578,7712013Assets 2014: $9,264,555Liabilities 2014: $9,916,609Net Assets 2014: -$652,0542014Assets 2015: $9,266,920Liabilities 2015: $9,564,296Net Assets 2015: -$297,3762015Assets 2016: $9,468,402Liabilities 2016: $9,329,028Net Assets 2016: $139,3742016Assets 2017: $9,233,409Liabilities 2017: $8,653,016Net Assets 2017: $580,3932017Assets 2018: $9,484,122Liabilities 2018: $8,505,007Net Assets 2018: $979,1152018Assets 2019: $9,742,841Liabilities 2019: $8,444,851Net Assets 2019: $1,297,9902019Assets 2020: $9,413,285Liabilities 2020: $8,280,672Net Assets 2020: $1,132,6132020Assets 2021: $9,504,180Liabilities 2021: $8,889,829Net Assets 2021: $614,3512021Assets 2022: $9,366,348Liabilities 2022: $8,569,076Net Assets 2022: $797,2722022Assets 2023: $9,330,741Liabilities 2023: $8,435,014Net Assets 2023: $895,7272023Assets 2024: $9,644,411Liabilities 2024: $8,467,353Net Assets 2024: $1,177,0582024

Highlighted filing

2016

Assets$9,468,402
Liabilities$9,329,028
Net Assets$139,374

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,696,6942011Expenses 2012: $3,995,8602012Expenses 2013: $3,948,0112013Revenue 2014: $4,280,440Expenses 2014: $4,353,723Net Income 2014: -$73,2832014Revenue 2015: $4,357,612Expenses 2015: $4,002,934Net Income 2015: $354,6782015Revenue 2016: $4,433,890Expenses 2016: $3,997,140Net Income 2016: $436,7502016Revenue 2017: $4,438,895Expenses 2017: $3,997,877Net Income 2017: $441,0182017Revenue 2018: $4,486,993Expenses 2018: $4,088,271Net Income 2018: $398,7222018Revenue 2019: $4,464,570Expenses 2019: $4,145,695Net Income 2019: $318,8752019Revenue 2020: $4,056,492Expenses 2020: $4,221,874Net Income 2020: -$165,3822020Revenue 2021: $4,107,178Expenses 2021: $4,279,148Net Income 2021: -$171,9702021Revenue 2022: $4,095,345Expenses 2022: $3,912,424Net Income 2022: $182,9212022Revenue 2023: $4,421,583Expenses 2023: $4,323,128Net Income 2023: $98,4552023Revenue 2024: $4,936,877Expenses 2024: $4,655,546Net Income 2024: $281,3312024

Highlighted filing

2016

Revenue$4,433,890
Expenses$3,997,140
Net Income$436,750
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 16, 2017
Return Version
2015v3.0
Gross Receipts
$4,433,890
Mission and Program Overview

Mission

To manage, operate, guide, direct, and promote a public charter school funded by local, state, and federal sources.

To manage, operate, guide, direct and promote a public charter school funded by local, state, and federal sources

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,789,653$6,660,884▼ $128,769
Investments in Publicly Traded Securities$1,216,697$1,264,666▲ $47,969
Cash and Non-Interest-Bearing Accounts$373,958$893,486▲ $519,528
Savings and Temporary Cash Investments$407,037$207,455▼ $199,582
Accounts Receivable$45,195$23,508▼ $21,687
Prepaid Expenses and Deferred Charges$1,153$2,563▲ $1,410
Total Assets$9,266,920$9,468,402▲ $201,482
Other Assets Total$433,227$415,840▼ $17,387
Liabilities
Tax Exempt Bond Liabilities$8,946,463$8,801,220▼ $145,243
Accounts Payable and Accrued Expenses$525,347$527,808▲ $2,461
Unsecured Notes Loans Payable$77,916--
Deferred Revenue$14,570--
Total Liabilities$9,564,296$9,329,028▼ $235,268
Net Assets / Fund Balance
Temporarily Rstr Net Assets$16,879$91,214▲ $74,335
Unrestricted Net Assets$-314,255$48,160▲ $362,415
Total Net Assets Fund Balance$-297,376$139,374▲ $436,750
Total Liabilities and Net Assets / Fund Balance$9,266,920$9,468,402▲ $201,482

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,079,237$1,216,308$6,295,545
Land$1,476,733-$1,476,733
Equipment$25,486$146,890$172,376
Leasehold Improvements$79,428$49,432$128,860
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Fernando SeminarioDirectorFT$86,167$11,071$97,238

Board Members and Trustees

NameTitle
Noreen GibbonsPresident
Martha BybeePresident Elect
Vern CoxVice President
Aaron MorrisonBoard Member
Kirk GravesBoard Member
Beverli HaroldsenSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,193,487
Program Service Revenue
$230,845
Investment Income
$9,558
Other Revenue
$0
All Other Contributions
$14,465
Change in Net Assets
$436,750

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,433,890
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,433,890
Total Revenue per Form 990
$4,433,890
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,632,515
Other Expenses$1,364,625
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,160,842$12,459-$2,173,301
Interest$570,913--$570,913
Other Employee Benefits$198,865$1,533-$200,398
Depreciation Depletion$196,501--$196,501
Payroll Taxes$161,161$417-$161,578
Current Officers, Directors, Trustees, and Key Employees$97,238--$97,238
Fees for Services Management$89,790$3,710-$93,500
All Other Expenses$28,941$1,092-$30,033
Other Expenses$17,747$198-$17,747
Travel$13,749$9-$13,758
Insurance$13,390$213-$13,603
Advertising$11,091$419-$11,510
Fees for Services Accounting$8,511$1,389-$9,900
Information Technology$6,216$235-$6,451
Occupancy$5,199--$5,199
Office Expenses$1,173--$1,173
Total Functional Expenses$3,972,678$24,462$0$3,997,140

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,997,140
Total Expenses per Audited Statements$3,997,140
Total Expenses per Form 990$3,997,140
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AState Charter School Finance Authority2010-06-03$9,397,280TO PURCHASE BUILDING

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$9,397,280-$450,109$521,611

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The school has an agreement with charter solutions, inc. To provide certain fiscal and administrative services.

Form 990, Part VI, Section B, Line 11

Invdividual board members, charter solutions, and the school superintendent review the form 990 before the return is filed with the irs.

Form 990, Part VI, Section B, Line 12C

The board and the management of the school regularly monitor and enforce compliance with the school's official conflict of interest policy. If a conflict arises, the board will discuss any issues and resolve them. If the conflict pertains to a board member, that board member is excused from the meeting while the remaining board members discuss and vote on the issue. Once a decision has been made the board member excused from the meeting is brought back in and notified of what was decided.

Form 990, Part VI, Section B, Line 15

The board annually reviews and approves pay scales and pay rates.

Form 990, Part VI, Section C, Line 19

Made available upon request at the school's front office.

Filing and Contact Details

Filer

Filer Name
Paradigm High School
EIN
20-3338204
Phone
4358823062
Address
11577 S 3600 W, SOUTH JORDAN, UT 84095

Signing Officer

Name
Fernando Seminario
Title
Director
Phone
8016761018
Signed
2017-01-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fernando Seminario
Formed
2005
Legal Domicile
Ut
Voting Board Members
6
Independent Board Members
6
Employees
108
Volunteers
102

Preparer

Firm
Eide Bailly Llp
Address
5929 S FASHION POINTE DR STE 300, OGDEN, UT 84403
Preparer
Eric C Johnson CPA
Phone
8016211575
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The school is organized as a utah nonprofit corporation and has been recognized by the internal revenue service (irs) as exempt from federal income taxes under section 501(a) of the internal revenue code as organizations described in section 501(c)(3), qualify for the charitable contribution deduction under section 170(b)(1)(a)(vi) and (viii), and has been determined not to be private foundations under sections 509(a)(1) and (3), respectively. The school is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, the school is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. The school has determined it is not subject to unrelated business income tax and has not filed an exempt organization business income tax return (form 990-t) with the irs. The school believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The school would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.

Raw XML AppendixShowing 400 of 463 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0525347
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0527808
IRS990/AccountsReceivableGrp/BOYAmt045195
IRS990/AccountsReceivableGrp/EOYAmt023508
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO MANAGE, OPERATE, GUIDE, DIRECT AND PROMOTE A PUBLIC CHARTER SCHOOL FUNDED BY LOCAL, STATE, AND FEDERAL SOURCES
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0419
IRS990/AdvertisingGrp/ProgramServicesAmt011091
IRS990/AdvertisingGrp/TotalAmt011510
IRS990/AllOtherContributionsAmt014465
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01092
IRS990/AllOtherExpensesGrp/ProgramServicesAmt028941
IRS990/AllOtherExpensesGrp/TotalAmt030033
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0DIANE HANSEN
IRS990/BooksInCareOfDetail/PhoneNum08016761018
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011577 S 3600 W
IRS990/BooksInCareOfDetail/USAddress/CityNm0SOUTH JORDAN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd084095
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0373958
IRS990/CashNonInterestBearingGrp/EOYAmt0893486
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt097238
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt097238
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04193487
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt09558
IRS990/CYOtherExpensesAmt01364625
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0230845
IRS990/CYRevenuesLessExpensesAmt0436750
IRS990/CYSalariesCompEmpBnftPaidAmt02632515
IRS990/CYTotalExpensesAmt03997140
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04433890
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt014570
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0196501
IRS990/DepreciationDepletionGrp/TotalAmt0196501
IRS990/Desc0OPERATION OF ONE PUBLIC CHARTER SCHOOL FOR STUDENTS FROM SEVENTH TO TWELTH GRADE
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0108
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt03972678
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01389
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt08511
IRS990/FeesForServicesAccountingGrp/TotalAmt09900
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt03710
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt089790
IRS990/FeesForServicesManagementGrp/TotalAmt093500
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt611071
IRS990/Form990PartVIISectionAGrp/PersonNm0NOREEN GIBBONS
IRS990/Form990PartVIISectionAGrp/PersonNm1MARTHA BYBEE
IRS990/Form990PartVIISectionAGrp/PersonNm2VERN COX
IRS990/Form990PartVIISectionAGrp/PersonNm3BEVERLI HAROLDSEN
IRS990/Form990PartVIISectionAGrp/PersonNm4AARON MORRISON
IRS990/Form990PartVIISectionAGrp/PersonNm5KIRK GRAVES
IRS990/Form990PartVIISectionAGrp/PersonNm6FERNANDO SEMINARIO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt686167
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt04179022
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04433890
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0235
IRS990/InformationTechnologyGrp/ProgramServicesAmt06216
IRS990/InformationTechnologyGrp/TotalAmt06451
IRS990/InsuranceGrp/ManagementAndGeneralAmt0213
IRS990/InsuranceGrp/ProgramServicesAmt013390
IRS990/InsuranceGrp/TotalAmt013603
IRS990/InterestGrp/ProgramServicesAmt0570913
IRS990/InterestGrp/TotalAmt0570913
IRS990/InvestmentIncomeGrp/ExclusionAmt09558
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09558
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01216697
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01264666
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01412630
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06789653
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06660884
IRS990/LandBldgEquipCostOrOtherBssAmt08073514
IRS990/LegalDomicileStateCd0UT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO MANAGE, OPERATE, GUIDE, DIRECT, AND PROMOTE A PUBLIC CHARTER SCHOOL FUNDED BY LOCAL, STATE, AND FEDERAL SOURCES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-297376
IRS990/NetAssetsOrFundBalancesEOYAmt0139374
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt05199
IRS990/OccupancyGrp/TotalAmt05199
IRS990/OfficeExpensesGrp/ProgramServicesAmt01173
IRS990/OfficeExpensesGrp/TotalAmt01173
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0433227
IRS990/OtherAssetsTotalGrp/EOYAmt0415840
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01533
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0198865
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0200398
IRS990/OtherExpensesGrp/Desc0CURRICULUM AND SUPPLIES
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02468
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1320
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2198
IRS990/OtherExpensesGrp/ProgramServicesAmt0281346
IRS990/OtherExpensesGrp/ProgramServicesAmt187077
IRS990/OtherExpensesGrp/ProgramServicesAmt222928
IRS990/OtherExpensesGrp/ProgramServicesAmt317747
IRS990/OtherExpensesGrp/TotalAmt0283814
IRS990/OtherExpensesGrp/TotalAmt187397
IRS990/OtherExpensesGrp/TotalAmt223126
IRS990/OtherExpensesGrp/TotalAmt317747
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012459
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02160842
IRS990/OtherSalariesAndWagesGrp/TotalAmt02173301
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0417
IRS990/PayrollTaxesGrp/ProgramServicesAmt0161161
IRS990/PayrollTaxesGrp/TotalAmt0161578
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01153
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02563
IRS990/PrincipalOfficerNm0FERNANDO SEMINARIO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES AND ACTIV
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0230845
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0230845
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04095086
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0405
IRS990/PYOtherExpensesAmt01300496
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0262121
IRS990/PYRevenuesLessExpensesAmt0354678
IRS990/PYSalariesCompEmpBnftPaidAmt02702438
IRS990/PYTotalExpensesAmt04002934
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04357612
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0436750
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0230845
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0407037
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0207455
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05079237
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01216308
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06295545
IRS990ScheduleD/EquipmentGrp/BookValueAmt025486
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0146890
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0172376
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03997140
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01476733
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01476733
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt079428
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt049432
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0128860
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04433890
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS ORGANIZED AS A UTAH NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3), QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND (VIII), AND HAS BEEN DETERMINED NOT TO BE PRIVATE FOUNDATIONS UNDER SECTIONS 509(A)(1) AND (3), RESPECTIVELY. THE SCHOOL IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE SCHOOL IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE SCHOOL HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE SCHOOL WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06660884
IRS990ScheduleD/TotalExpensesPerForm990Amt03997140
IRS990ScheduleD/TotalRevenuePerForm990Amt04433890
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04433890
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03997140
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXCUSED FROM FORMAL COMPLIANCE WITH REV. PROC. 75-50 AS LONG AS THE SCHOOL'S CHARTER AGREEMENT WITH THE STATE OF UTAH REMAINS IN EFFECT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES STATE AND FEDERAL GRANTS TO OPERATE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0STATE CHARTER SCHOOL FINANCE AUTHORITY 06/25/2014
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE K - DATE REBATE COMPUTATION PERFORMED
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02010-06-03
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0261275269
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum081754TCA9
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt09397280
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0STATE CHARTER SCHOOL FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO PURCHASE BUILDING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusConcerningUBIPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusUseByOthersPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/TotalPrivateBusinessUsePct00.00000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt08154744
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0720925
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0521611
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt0450109
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02010
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt09397280
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS AN AGREEMENT WITH CHARTER SOLUTIONS, INC. TO PROVIDE CERTAIN FISCAL AND ADMINISTRATIVE SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVDIVIDUAL BOARD MEMBERS, CHARTER SOLUTIONS, AND THE SCHOOL SUPERINTENDENT REVIEW THE FORM 990 BEFORE THE RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD AND THE MANAGEMENT OF THE SCHOOL REGULARLY MONITOR AND ENFORCE COMPLIANCE WITH THE SCHOOL'S OFFICIAL CONFLICT OF INTEREST POLICY. IF A CONFLICT ARISES, THE BOARD WILL DISCUSS ANY ISSUES AND RESOLVE THEM. IF THE CONFLICT PERTAINS TO A BOARD MEMBER, THAT BOARD MEMBER IS EXCUSED FROM THE MEETING WHILE THE REMAINING BOARD MEMBERS DISCUSS AND VOTE ON THE ISSUE. ONCE A DECISION HAS BEEN MADE THE BOARD MEMBER EXCUSED FROM THE MEETING IS BROUGHT BACK IN AND NOTIFIED OF WHAT WAS DECIDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD ANNUALLY REVIEWS AND APPROVES PAY SCALES AND PAY RATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MADE AVAILABLE UPON REQUEST AT THE SCHOOL'S FRONT OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0UT
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt08946463
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt08801220
IRS990/TaxExemptBondsInd01
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt016879
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt091214
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt09266920
IRS990/TotalAssetsEOYAmt09468402
IRS990/TotalAssetsGrp/BOYAmt09266920
IRS990/TotalAssetsGrp/EOYAmt09468402
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04193487
IRS990/TotalEmployeeCnt0108
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024462
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03972678
IRS990/TotalFunctionalExpensesGrp/TotalAmt03997140
IRS990/TotalGrossUBIAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.64$8.47$1.18$4.94$4.66$0.28
2023Detailed filing. Detailed filing data is available for this year.$9.33$8.44$0.90$4.42$4.32$0.10
2022Detailed filing. Detailed filing data is available for this year.$9.37$8.57$0.80$4.10$3.91$0.18
2021Detailed filing. Detailed filing data is available for this year.$9.50$8.89$0.61$4.11$4.28$0.17
2020Detailed filing. Detailed filing data is available for this year.$9.41$8.28$1.13$4.06$4.22$0.17
2019Detailed filing. Detailed filing data is available for this year.$9.74$8.44$1.30$4.46$4.15$0.32
2018Detailed filing. Detailed filing data is available for this year.$9.48$8.51$0.98$4.49$4.09$0.40
2017Detailed filing. Detailed filing data is available for this year.$9.23$8.65$0.58$4.44$4.00$0.44
2016Detailed filing. Detailed filing data is available for this year.$9.47$9.33$0.14$4.43$4.00$0.44
2015Detailed filing. Detailed filing data is available for this year.$9.27$9.56$0.30$4.36$4.00$0.35
2014Detailed filing. Detailed filing data is available for this year.$9.26$9.92$0.65$4.28$4.35$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.55$10.1$0.58$3.95
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.83$10.2$0.36$4.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.93$10.1$0.12$3.70