Civic Intelligence

Renaissance Academy

990 • Fiscal year 2020 • EIN 20-3365730

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 31, 2021

Organization ProfileWWW.RENACADEMY.ORG

View Organization Page

3435 N 1120 ELehi, UT 84043

(801) 768-4202

Siviq Scores

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

Liabilities / Assets

87th percentile

0.82x

Higher debt load relative to assets than 87% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

85th percentile

1.59x

Higher debt load relative to revenue than 85% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

37th percentile

0.3%

Higher net margin than 37% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

39th percentile

$144,285

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

36th percentile

2.5%

Faster asset growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

48th percentile

1.4%

Faster revenue growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$10,791,735

Up $266,741 (+2.5%) from 2019

Net Assets

Up

$1,919,998

Up $15,645 (+0.8%) from 2019

Liabilities

Up

$8,871,737

Up $251,096 (+2.9%) from 2019

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin37th percentile

Revenue

Up

$5,579,920

Up $79,095 (+1.4%) from 2019

Expenses

Up

$5,564,275

Up $347,375 (+6.7%) from 2019

Net Income

Down

$15,645

Down $268,280 (-94%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $10,750,165Liabilities 2011: $9,754,969Net Assets 2011: $995,1962011Assets 2012: $10,760,536Liabilities 2012: $9,710,251Net Assets 2012: $1,050,2852012Assets 2013: $10,723,019Liabilities 2013: $9,528,792Net Assets 2013: $1,194,2272013Assets 2014: $10,537,270Liabilities 2014: $9,327,739Net Assets 2014: $1,209,5312014Assets 2015: $10,390,726Liabilities 2015: $9,160,958Net Assets 2015: $1,229,7682015Assets 2016: $10,374,668Liabilities 2016: $9,100,505Net Assets 2016: $1,274,1632016Assets 2017: $10,149,808Liabilities 2017: $8,900,909Net Assets 2017: $1,248,8992017Assets 2018: $10,457,342Liabilities 2018: $8,836,914Net Assets 2018: $1,620,4282018Assets 2019: $10,524,994Liabilities 2019: $8,620,641Net Assets 2019: $1,904,3532019Assets 2020: $10,791,735Liabilities 2020: $8,871,737Net Assets 2020: $1,919,9982020Assets 2021: $15,741,820Liabilities 2021: $14,201,548Net Assets 2021: $1,540,2722021Assets 2022: $15,449,981Liabilities 2022: $13,504,355Net Assets 2022: $1,945,6262022Assets 2023: $15,438,144Liabilities 2023: $13,448,692Net Assets 2023: $1,989,4522023

Highlighted filing

2020

Assets$10,791,735
Liabilities$8,871,737
Net Assets$1,919,998
Open 2020 Filing

Operations Trend

Revenue Growth48th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,938,201Expenses 2011: $3,873,814Net Income 2011: $64,3872011Revenue 2012: $3,892,371Expenses 2012: $3,837,282Net Income 2012: $55,0892012Revenue 2013: $4,054,033Expenses 2013: $3,910,091Net Income 2013: $143,9422013Revenue 2014: $4,158,593Expenses 2014: $4,143,289Net Income 2014: $15,3042014Revenue 2015: $4,140,793Expenses 2015: $4,120,556Net Income 2015: $20,2372015Revenue 2016: $4,564,949Expenses 2016: $4,520,554Net Income 2016: $44,3952016Revenue 2017: $4,709,368Expenses 2017: $4,734,632Net Income 2017: -$25,2642017Revenue 2018: $5,244,317Expenses 2018: $4,872,788Net Income 2018: $371,5292018Revenue 2019: $5,500,825Expenses 2019: $5,216,900Net Income 2019: $283,9252019Revenue 2020: $5,579,920Expenses 2020: $5,564,275Net Income 2020: $15,6452020Revenue 2021: $5,844,317Expenses 2021: $6,071,015Net Income 2021: -$226,6982021Revenue 2022: $6,766,915Expenses 2022: $6,361,561Net Income 2022: $405,3542022Revenue 2023: $7,267,762Expenses 2023: $7,223,936Net Income 2023: $43,8262023

Highlighted filing

2020

Revenue$5,579,920
Expenses$5,564,275
Net Income$15,645
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 31, 2021
Return Version
2019v5.0
Gross Receipts
$5,601,093
Mission and Program Overview

Mission

Renaissance Academy is a public charter school that operates in Lehi, Utah and serves students from kindergarten through grade nine. The school is a center of academic excellence in World Language and classical education.

Inspiring students to excel by applying innovative, individualized, and experiential learning methods in world language and classical education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,883,178$7,084,042▲ $200,864
Investments in Publicly Traded Securities$1,434,037$1,886,745▲ $452,708
Savings and Temporary Cash Investments$1,016,518$773,864▼ $242,654
Cash and Non-Interest-Bearing Accounts$799,437$758,483▼ $40,954
Pledges and Grants Receivable$120,970$10,790▼ $110,180
Accounts Receivable$7,944$9,575▲ $1,631
Total Assets$10,524,994$10,791,735▲ $266,741
Other Assets Total$262,910$268,236▲ $5,326
Liabilities
Tax Exempt Bond Liabilities$7,840,000$7,620,000▼ $220,000
Accounts Payable and Accrued Expenses$771,426$1,248,837▲ $477,411
Deferred Revenue$9,215$2,900▼ $6,315
Total Liabilities$8,620,641$8,871,737▲ $251,096
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,904,353$1,919,998▲ $15,645
Total Net Assets Fund Balance$1,904,353$1,919,998▲ $15,645
Total Liabilities and Net Assets / Fund Balance$10,524,994$10,791,735▲ $266,741

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,919,033$2,428,120$7,347,153
Land$1,517,020-$1,517,020
Leasehold Improvements$611,409$211,378$822,787
Equipment$34,314$139,836$174,150
Other Land Buildings$2,266$997$3,263
Compensation and Service Providers
Top Officer Pay39th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark UrsicExecutive DiFT$137,238$7,047$144,285

Board Members and Trustees

NameTitle
Cameron HughesBoard Member
Lance AndersonBoard Member
Monica WonnacottBoard Member
Nathan SeacrestBoard Member
Ryan HunterPres/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$5,373,478
Program Service Revenue
$169,102
Investment Income
$20,725
Other Revenue
$16,615
All Other Contributions
$8,282
Change in Net Assets
$15,645

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,579,920
Revenue Not Reported on Form 990
$21,173
Total Revenue per Audited Statements
$5,601,093
Total Revenue per Form 990
$5,579,920
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,084,801
Other Expenses$1,479,474
Total Fundraising Expense$21,481
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,828,638$433,215-$3,261,853
Interest$385,429$57,866$1,711$445,006
Other Employee Benefits$244,168--$244,168
Occupancy$194,539$33,008$976$228,523
Depreciation Depletion$195,050$29,284$866$225,200
Payroll Taxes$224,273--$224,273
Pension Plan Contributions$217,269--$217,269
Fees for Services Other$31,869$146,528$2$178,399
Current Officers, Directors, Trustees, and Key Employees$137,238--$137,238
Other Expenses$35,565$21,622$17,913$35,565
Insurance$17,106--$17,106
Fees for Services Accounting-$16,100-$16,100
Travel$12,008--$12,008
Information Technology$8,291--$8,291
All Other Expenses$2,945$4,779$13$7,737
Fees for Services Legal-$6,406-$6,406
Office Expenses$1,291--$1,291
Total Functional Expenses$4,793,986$748,808$21,481$5,564,275

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,585,448
Expenses per Audited Statements$5,564,275
Total Expenses per Form 990$5,564,275
Expenses Not Reported on Form 990$21,173
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$36,578
Fundraising Direct Expenses$21,173
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Book Fair and F$36,578$36,578$21,173$15,405
Total Events$36,578$36,578$21,173$15,405
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AUtah County Ut2007-05-30$9,423,327To purchase school facilities

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$9,423,327--$185,973

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
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is provided to director and board for review and approval prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Full disclosure, by notice in writing, shall be made by the interested parties to the full board of directors in all conflicts of interest.”

Form 990, Page 6, Part VI, Line 15A

“Reviewed and approved in board meetings.”

Form 990, Page 6, Part VI, Line 15B

“Reviewed and approved in board meetings”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request just as forms 990.”

Filing and Contact Details

Filer

Filer Name
Renaissance Academy
EIN
20-3365730
Phone
8017684202
Address
3435 N 1120 E, LEHI, UT 84043

Signing Officer

Name
Mark Ursic
Title
Executive Director
Phone
8017684202
Signed
2021-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Ursic
Formed
2005
Legal Domicile
Ut
Voting Board Members
5
Independent Board Members
5
Employees
119
Volunteers
215

Preparer

Firm
Squire & Company Pc
Address
1329 SOUTH 800 EAST, OREM, UT 84097-7737
Preparer
M Paul Winward CPA
Phone
8012256900
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Fundraising event expenses 21,173 fundraising event expenses -21,173”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Fundraising event expenses 21,173”

Schedule D, Page 4, Part XII, Line 2D

“Fundraising event expenses 21,173”

Raw XML AppendixShowing 400 of 468 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.

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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01210
IRS990/OtherRevenueTotalAmt01210
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0433215
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02828638
IRS990/OtherSalariesAndWagesGrp/TotalAmt03261853
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0224273
IRS990/PayrollTaxesGrp/TotalAmt0224273
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0217269
IRS990/PensionPlanContributionsGrp/TotalAmt0217269
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0120970
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt010790
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARK URSIC
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0109949
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt159153
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0109949
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt159153
IRS990/ProgSrvcAccomActy2Grp/Desc0TO PROVIDE MEALS FOR FACULTY AND STUDENTS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0134518
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt059153
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05199791
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt028845
IRS990/PYOtherExpensesAmt01462088
IRS990/PYOtherRevenueAmt022454
IRS990/PYProgramServiceRevenueAmt0249735
IRS990/PYRevenuesLessExpensesAmt0283925
IRS990/PYSalariesCompEmpBnftPaidAmt03754812
IRS990/PYTotalExpensesAmt05216900
IRS990/PYTotalRevenueAmt05500825
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt015645
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0109949
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01016518
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0773864
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04919033
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02428120
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07347153
IRS990ScheduleD/EquipmentGrp/BookValueAmt034314
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0139836
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0174150
IRS990ScheduleD/ExpensesNotReportedAmt021173
IRS990ScheduleD/ExpensesSubtotalAmt05564275
IRS990ScheduleD/LandGrp/BookValueAmt01517020
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01517020
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0611409
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0211378
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0822787
IRS990ScheduleD/OtherExpensesIncludedAmt021173
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02266
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0997
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03263
IRS990ScheduleD/OtherRevenueAmt021173
IRS990ScheduleD/RevenueNotReportedAmt021173
IRS990ScheduleD/RevenueSubtotalAmt05579920
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EVENT EXPENSES 21,173
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EVENT EXPENSES 21,173
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07084042
IRS990ScheduleD/TotalExpensesPerForm990Amt05564275
IRS990ScheduleD/TotalRevenuePerForm990Amt05579920
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05601093
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05585448
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY IS EXCUSED WITH FORMAL COMPLIANCE OF REV PROC 75-50 AS LONG AS THE ACADEMY'S CHARTER AGREEMENT WITH THE STATE OF UTAH REMAINS IN EFFECT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ACADEMY RECEIVES FEDERAL AND STATE FUNDS FOR OPERATIONS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt021173
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BOOK FAIR AND F
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt036578
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt036578
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt036578
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt036578
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015405
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt021173
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt021173
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0UTAH COUNTY, UT TO PURCHASE SCHOOL FACILITIES
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1UTAH COUNTY, UT 07/30/18
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1DATE REBATE COMPUTATION PERFORMED
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02007-05-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0876000312
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum091739NAMB
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt09423327
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0UTAH COUNTY UT
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO PURCHASE SCHOOL FACILITIES
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt08568402
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0668952
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0185973
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02007
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt09423327
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO DIRECTOR AND BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FULL DISCLOSURE, BY NOTICE IN WRITING, SHALL BE MADE BY THE INTERESTED PARTIES TO THE FULL BOARD OF DIRECTORS IN ALL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED AND APPROVED IN BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED AND APPROVED IN BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST JUST AS FORMS 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FUNDRAISING EVENT EXPENSES 21,173 FUNDRAISING EVENT EXPENSES -21,173
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt07840000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt07620000
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010524994

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,791,735
Liabilities
$8,871,737
Net assets
$1,919,998
Revenue
$5,579,920
Expenses
$5,564,275
Net income
$15,645
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$15.4$13.4$1.99$7.27$7.22$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.4$13.5$1.95$6.77$6.36$0.41
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.7$14.2$1.54$5.84$6.07$0.23
2020Detailed filing. Detailed filing data is available for this year.$10.8$8.87$1.92$5.58$5.56$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$8.62$1.90$5.50$5.22$0.28
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$8.84$1.62$5.24$4.87$0.37
2017Summary only. Only limited summary data is available for this year.$10.1$8.90$1.25$4.71$4.73$0.03
2016Detailed filing. Detailed filing data is available for this year.$10.4$9.10$1.27$4.56$4.52$0.04
2015Summary only. Only limited summary data is available for this year.$10.4$9.16$1.23$4.14$4.12$0.02
2014Summary only. Only limited summary data is available for this year.$10.5$9.33$1.21$4.16$4.14$0.02
2013Summary only. Only limited summary data is available for this year.$10.7$9.53$1.19$4.05$3.91$0.14
2012Summary only. Only limited summary data is available for this year.$10.8$9.71$1.05$3.89$3.84$0.06
2011Summary only. Only limited summary data is available for this year.$10.8$9.75$1.00$3.94$3.87$0.06
Peer Organizations

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