Civic Intelligence

Renaissance Academy

990 • Fiscal year 2021 • EIN 20-3365730

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 28, 2022

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

91st percentile

0.90x

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

90th percentile

2.43x

Higher debt load relative to revenue than 90% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

16th percentile

-3.9%

Higher net margin than 16% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

37th percentile

$139,020

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

89th percentile

46%

Faster asset growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

38th percentile

4.7%

Faster revenue growth than 38% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$15,741,820

Up $4,950,085 (+46%) from 2020

Net Assets

Down

$1,540,272

Down $379,726 (-20%) from 2020

Liabilities

Up

$14,201,548

Up $5,329,811 (+60%) from 2020

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin16th percentile

Revenue

Up

$5,844,317

Up $264,397 (+4.7%) from 2020

Expenses

Up

$6,071,015

Up $506,740 (+9.1%) from 2020

Net Income

Down

-$226,698

Down $242,343 (-1549%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth89th 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

2021

Assets$15,741,820
Liabilities$14,201,548
Net Assets$1,540,272
Open 2021 Filing

Operations Trend

Revenue Growth38th 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

2021

Revenue$5,844,317
Expenses$6,071,015
Net Income-$226,698
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 28, 2022
Return Version
2020v4.0
Gross Receipts
$5,845,807
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$7,084,042$9,158,196▲ $2,074,154
Investments in Publicly Traded Securities$1,886,745$3,109,723▲ $1,222,978
Cash and Non-Interest-Bearing Accounts$758,483$2,063,233▲ $1,304,750
Savings and Temporary Cash Investments$773,864$775,577▲ $1,713
Accounts Receivable$9,575$7,960▼ $1,615
Pledges and Grants Receivable$10,790$6,534▼ $4,256
Total Assets$10,791,735$15,741,820▲ $4,950,085
Other Assets Total$268,236$620,597▲ $352,361
Liabilities
Tax Exempt Bond Liabilities$7,620,000$12,685,000▲ $5,065,000
Accounts Payable and Accrued Expenses$1,248,837$1,309,199▲ $60,362
Other Liabilities-$207,349-
Deferred Revenue$2,900--
Total Liabilities$8,871,737$14,201,548▲ $5,329,811
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,919,998$1,540,272▼ $379,726
Total Net Assets Fund Balance$1,919,998$1,540,272▼ $379,726
Total Liabilities and Net Assets / Fund Balance$10,791,735$15,741,820▲ $4,950,085

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,730,645$2,616,508$7,347,153
Leasehold Improvements$2,855,803$176,854$3,032,657
Land$1,517,020-$1,517,020
Equipment$53,459$131,149$184,608
Other Land Buildings$1,269$1,994$3,263
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark UrsicExecutive DiFT$131,964$7,056$139,020

Board Members and Trustees

NameTitle
Cameron HughesBoard Member
Jennifer LambertBoard Member
Lance AndersonBoard Member
Monica WonnacottBoard Member
Ryan HunterPres/treas

Highest Paid Contractors

ContractorServicesLocationCompensation
Curtis Miner ArchitectsArchitects233 S PLEASANT GROVE BLVD, Pleasant Grove, UT 84062$170,538
Revenue and Support

Revenue Composition

Contributions and Grants
$5,785,198
Program Service Revenue
$31,388
Investment Income
$21,910
Other Revenue
$5,821
All Other Contributions
$18,791
Change in Net Assets
$-226,698

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,844,317
Revenue Not Reported on Form 990
$1,490
Total Revenue per Audited Statements
$5,845,807
Total Revenue per Form 990
$5,844,317
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,406,839
Other Expenses$1,664,176
Total Fundraising Expense$1,865
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,190,762$389,658-$3,580,420
Fees for Services Other$404,896$137,452$108$542,456
Interest$372,332$47,854$129$420,315
Payroll Taxes$266,107--$266,107
Other Employee Benefits$242,793--$242,793
Depreciation Depletion$203,715$26,182$71$229,968
Pension Plan Contributions$185,555--$185,555
Occupancy$137,036$21,008$57$158,101
Current Officers, Directors, Trustees, and Key Employees$131,964--$131,964
Information Technology$44,105$33,260-$77,365
Other Expenses$32,250$20,086$1,500$32,250
Insurance$14,613--$14,613
Fees for Services Accounting-$14,200-$14,200
All Other Expenses$3,643--$3,643
Fees for Services Legal-$1,660-$1,660
Office Expenses$557--$557
Total Functional Expenses$5,377,790$691,360$1,865$6,071,015

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,072,505
Expenses per Audited Statements$6,071,015
Total Expenses per Form 990$6,071,015
Expenses Not Reported on Form 990$1,490
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,778
Fundraising Direct Expenses$1,490
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$207,349

Bond Issues

BondIssuerIssuedIssue PricePurpose
AUtah Charter School Finance Authori2020-07-01$12,685,000To retire outstanding bonds and to fund construction of additional facilities.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$12,898,631-$7,620,000$383,051

Bond Financing Compliance

No rebate due
No
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
2022-01-28
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
106
Volunteers
52

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

“Removal of unamortized bond issuance costs -153,028”

Financial Statement Notes

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

“Fundraising event expenses 1,490”

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

“Fundraising event expenses 1,490”

Raw XML AppendixShowing 400 of 469 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/OtherExpensesGrp/Desc1SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3FOOD
IRS990/OtherExpensesGrp/FundraisingAmt01500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020086
IRS990/OtherExpensesGrp/ProgramServicesAmt078255
IRS990/OtherExpensesGrp/ProgramServicesAmt126209
IRS990/OtherExpensesGrp/ProgramServicesAmt242998
IRS990/OtherExpensesGrp/ProgramServicesAmt332250
IRS990/OtherExpensesGrp/TotalAmt078255
IRS990/OtherExpensesGrp/TotalAmt147795
IRS990/OtherExpensesGrp/TotalAmt242998
IRS990/OtherExpensesGrp/TotalAmt332250
IRS990/OtherLiabilitiesGrp/EOYAmt0207349
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0533
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0533
IRS990/OtherRevenueTotalAmt0533
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0389658
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03190762
IRS990/OtherSalariesAndWagesGrp/TotalAmt03580420
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0266107
IRS990/PayrollTaxesGrp/TotalAmt0266107
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0185555
IRS990/PensionPlanContributionsGrp/TotalAmt0185555
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt010790
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt06534
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARK URSIC
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt031334
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt031334
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt154
IRS990/ProgSrvcAccomActy2Grp/Desc0TO PROVIDE MEALS FOR FACULTY AND STUDENTS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0107275
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt054
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05373478
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt020725
IRS990/PYOtherExpensesAmt01479474
IRS990/PYOtherRevenueAmt016615
IRS990/PYProgramServiceRevenueAmt0169102
IRS990/PYRevenuesLessExpensesAmt015645
IRS990/PYSalariesCompEmpBnftPaidAmt04084801
IRS990/PYTotalExpensesAmt05564275
IRS990/PYTotalRevenueAmt05579920
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-226698
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt031334
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0773864
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0775577
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04730645
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02616508
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07347153
IRS990ScheduleD/EquipmentGrp/BookValueAmt053459
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0131149
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0184608
IRS990ScheduleD/ExpensesNotReportedAmt01490
IRS990ScheduleD/ExpensesSubtotalAmt06071015
IRS990ScheduleD/LandGrp/BookValueAmt01517020
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01517020
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02855803
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0176854
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03032657
IRS990ScheduleD/OtherExpensesIncludedAmt01490
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01269
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01994
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03263
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0207349
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/OtherRevenueAmt01490
IRS990ScheduleD/RevenueNotReportedAmt01490
IRS990ScheduleD/RevenueSubtotalAmt05844317
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EVENT EXPENSES 1,490
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EVENT EXPENSES 1,490
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09158196
IRS990ScheduleD/TotalExpensesPerForm990Amt06071015
IRS990ScheduleD/TotalLiabilityAmt0207349
IRS990ScheduleD/TotalRevenuePerForm990Amt05844317
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05845807
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06072505
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
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0UTAH CHARTER SCHOOL FINANCE AUTHORIT TO RETIRE OUTSTANDING BONDS AND TO FUND CONSTRUCTION OF ADDITIONAL FACILITIES.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02020-07-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0261275269
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum091754TC76
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt012685000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0UTAH CHARTER SCHOOL FINANCE AUTHORI
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO RETIRE OUTSTANDING BONDS AND TO FUND CONSTRUCTION OF ADDITIONAL 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/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0780500
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0383051
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt07620000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt012898631
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt05363677
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/ExplanationTxt5REMOVAL OF UNAMORTIZED BOND ISSUANCE COSTS -153,028
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/BOYAmt07620000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt012685000
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false

Document Assets

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Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$15,741,820
Liabilities
$14,201,548
Net assets
$1,540,272
Revenue
$5,844,317
Expenses
$6,071,015
Net income
-$226,698
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
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $10M-$25M nonprofits