Civic Intelligence

Renaissance Academy

990 • Fiscal year 2023 • EIN 20-3365730

Jul 01, 2022 to Jun 30, 2023 • Filed on Mar 08, 2023

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

90th percentile

0.87x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

1.85x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

40th percentile

0.6%

Higher net margin than 40% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

46th percentile

$169,929

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

29th percentile

-0.1%

Faster asset growth than 29% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

54th percentile

7.4%

Faster revenue growth than 54% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets90th percentile

Assets

Flat

$15,438,144

Flat from 2023

Net Assets

Flat

$1,989,452

Flat from 2023

Liabilities

Flat

$13,448,692

Flat from 2023

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin40th percentile

Revenue

Flat

$7,267,762

Flat from 2023

Expenses

Flat

$7,223,936

Flat from 2023

Net Income

Flat

$43,826

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth29th 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: $1,989,4522023Assets 2023: $15,438,144Liabilities 2023: $13,448,692Net Assets 2023: $1,989,4522023

Highlighted filing

2023

Assets$15,438,144
Liabilities$13,448,692
Net Assets$1,989,452
Open 2023 Filing

Operations Trend

Revenue Growth54th 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: $43,8262023Revenue 2023: $7,267,762Expenses 2023: $7,223,936Net Income 2023: $43,8262023

Highlighted filing

2023

Revenue$7,267,762
Expenses$7,223,936
Net Income$43,826
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Mar 8, 2023
Return Version
2022v5.0
Gross Receipts
$7,311,248
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$10,947,066$10,610,460▼ $336,606
Cash and Non-Interest-Bearing Accounts$2,075,758$2,757,153▲ $681,395
Investments in Publicly Traded Securities$923,736$946,635▲ $22,899
Savings and Temporary Cash Investments$776,535$778,632▲ $2,097
Pledges and Grants Receivable$436,397$80,530▼ $355,867
Accounts Receivable$32,117$23,587▼ $8,530
Total Assets$15,449,981$15,438,144▼ $11,837
Other Assets Total$258,372$241,147▼ $17,225
Liabilities
Tax Exempt Bond Liabilities$12,520,000$12,350,000▼ $170,000
Accounts Payable and Accrued Expenses$783,290$903,910▲ $120,620
Other Liabilities$201,065$194,782▼ $6,283
Total Liabilities$13,504,355$13,448,692▼ $55,663
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,945,626$1,989,452▲ $43,826
Total Net Assets Fund Balance$1,945,626$1,989,452▲ $43,826
Total Liabilities and Net Assets / Fund Balance$15,449,981$15,438,144▼ $11,837

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,899,965$3,112,920$12,012,885
Land$1,517,020-$1,517,020
Leasehold Improvements$150,910$231,858$382,768
Equipment$42,565$156,722$199,287
Other Land Buildings-$3,263$3,263
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark UrsicExecutive DiFT$153,864$16,065$169,929
Mark UrsicExecutive Director-$153,864$16,065$169,929

Board Members and Trustees

NameTitle
Cameron HughesBoard Member
Emily HaleckBoard Member
Jared BarfussBoard Member
Jennifer LambertBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$7,054,077
Program Service Revenue
$161,066
Investment Income
$43,719
Other Revenue
$8,900
All Other Contributions
$37,675
Change in Net Assets
$43,826

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,267,762
Revenue Not Reported on Form 990
$43,486
Total Revenue per Audited Statements
$7,311,248
Total Revenue per Form 990
$7,267,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,178,892
Other Expenses$2,045,044
Total Fundraising Expense$50,527
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,716,284$515,039-$4,231,323
Interest$537,650$76,672$4,301$618,623
Depreciation Depletion$336,240$19,091$74$355,405
Payroll Taxes$322,059--$322,059
Fees for Services Other$116,593$170,357$4$286,954
Occupancy$219,433$40,666$2,281$262,380
Other Employee Benefits$247,855--$247,855
Pension Plan Contributions$223,791--$223,791
Current Officers, Directors, Trustees, and Key Employees$153,864--$153,864
Information Technology$71,513--$71,513
Other Expenses$62,983$55,532$43,867$62,983
Travel$25,652--$25,652
All Other Expenses$19,470--$19,470
Insurance$16,950--$16,950
Fees for Services Accounting-$15,900-$15,900
Fees for Services Legal-$7,465-$7,465
Office Expenses$1,145--$1,145
Total Functional Expenses$6,272,687$900,722$50,527$7,223,936

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,267,422
Expenses per Audited Statements$7,223,936
Total Expenses per Form 990$7,223,936
Expenses Not Reported on Form 990$43,486
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$52,386
Fundraising Direct Expenses$43,486
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Book Fair and F$52,386$52,386$43,486$8,900
Total Events$52,386$52,386$43,486$8,900
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$194,782

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
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
2023-03-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Ursic
Formed
2005
Legal Domicile
Ut
Voting Board Members
4
Independent Board Members
4
Employees
115
Volunteers
125

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 43,486 fundraising event expenses -43,486 removal of unamortized bond issuance costs 0”

Financial Statement Notes

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

“Fundraising event expenses 43,486”

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

“Fundraising event expenses 43,486”

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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/PayrollTaxesGrp/ProgramServicesAmt0322059
IRS990/PayrollTaxesGrp/TotalAmt0322059
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0223791
IRS990/PensionPlanContributionsGrp/TotalAmt0223791
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0436397
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt080530
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARK URSIC
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt081541
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt179525
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt081541
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt179525
IRS990/ProgSrvcAccomActy2Grp/Desc0TO PROVIDE MEALS FOR FACULTY AND STUDENTS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0166254
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt079525
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt06649420
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt09924
IRS990/PYOtherExpensesAmt01718143
IRS990/PYOtherRevenueAmt013109
IRS990/PYProgramServiceRevenueAmt094462
IRS990/PYRevenuesLessExpensesAmt0405354
IRS990/PYSalariesCompEmpBnftPaidAmt04643418
IRS990/PYTotalExpensesAmt06361561
IRS990/PYTotalRevenueAmt06766915
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt043826
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt081541
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0776535
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0778632
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt08899965
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03112920
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012012885
IRS990ScheduleD/EquipmentGrp/BookValueAmt042565
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0156722
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0199287
IRS990ScheduleD/ExpensesNotReportedAmt043486
IRS990ScheduleD/ExpensesSubtotalAmt07223936
IRS990ScheduleD/LandGrp/BookValueAmt01517020
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01517020
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0150910
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0231858
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0382768
IRS990ScheduleD/OtherExpensesIncludedAmt043486
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03263
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03263
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0194782
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/OtherRevenueAmt043486
IRS990ScheduleD/RevenueNotReportedAmt043486
IRS990ScheduleD/RevenueSubtotalAmt07267762
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EVENT EXPENSES 43,486
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EVENT EXPENSES 43,486
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010610460
IRS990ScheduleD/TotalExpensesPerForm990Amt07223936
IRS990ScheduleD/TotalLiabilityAmt0194782
IRS990ScheduleD/TotalRevenuePerForm990Amt07267762
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07311248
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07267422
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/DirectExpenseSummaryEventsAmt043486
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BOOK FAIR AND F
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt052386
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt052386
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt052386
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt052386
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt08900
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt043486
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt043486
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0153864
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt016065
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARK URSIC
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0169929
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
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/ExplanationTxt1UTAH CHARTER SCHOOL FINANCE AUTHORIT 08/06/21
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/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/OnBehalfOfIssuerInd0true
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/CapitalExpendituresAmt03901958
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0780500
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0383051
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingEscrowAmt07833122
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt07620000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02022
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt012898631
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 43,486 FUNDRAISING EVENT EXPENSES -43,486 REMOVAL OF UNAMORTIZED BOND ISSUANCE COSTS 0
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,438,144
Liabilities
$13,448,692
Net assets
$1,989,452
Revenue
$7,267,762
Expenses
$7,223,936
Net income
$43,826
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$15.4$13.4$1.99$7.27$7.22$0.04
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