Civic Intelligence

Excelsior Academy

990 • Fiscal year 2015 • EIN 26-0806243

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 11, 2016

Organization ProfileEXCELSIOR-ACADEMY.ORG

View Organization Page

124 East Erda WayErda, UT 84074

(435) 882-3062

Siviq Scores

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

Liabilities / Assets

91st percentile

0.98x

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

88th percentile

2.29x

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

26th percentile

-2.5%

Higher net margin than 26% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

30th percentile

-2.4%

Faster asset growth than 30% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

43rd percentile

1.6%

Faster revenue growth than 43% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$10,063,836

Down $244,275 (-2.4%) from 2014

Net Assets

Down

$199,840

Down $105,691 (-35%) from 2014

Liabilities

Down

$9,863,996

Down $138,584 (-1.4%) from 2014

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin26th percentile

Revenue

Up

$4,313,646

Up $67,144 (+1.6%) from 2014

Expenses

Down

$4,419,337

Down $10,032 (-0.2%) from 2014

Net Income

Up

-$105,691

Up $77,176 (+42%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2010: $9,973,322Liabilities 2010: $10,040,807Net Assets 2010: -$67,4852010Assets 2012: $10,166,016Liabilities 2012: $9,762,165Net Assets 2012: $403,8512012Assets 2013: $10,390,775Liabilities 2013: $10,073,397Net Assets 2013: $317,3782013Assets 2014: $10,308,111Liabilities 2014: $10,002,580Net Assets 2014: $305,5312014Assets 2015: $10,063,836Liabilities 2015: $9,863,996Net Assets 2015: $199,8402015Assets 2016: $9,853,543Liabilities 2016: $9,758,745Net Assets 2016: $94,7982016Assets 2017: $9,664,560Liabilities 2017: $9,516,028Net Assets 2017: $148,5322017Assets 2018: $16,151,463Liabilities 2018: $15,999,067Net Assets 2018: $152,3962018Assets 2019: $19,135,610Liabilities 2019: $18,902,690Net Assets 2019: $232,9202019Assets 2020: $19,935,758Liabilities 2020: $18,754,382Net Assets 2020: $1,181,3762020Assets 2021: $20,542,064Liabilities 2021: $18,283,704Net Assets 2021: $2,258,3602021Assets 2022: $21,101,376Liabilities 2022: $18,306,071Net Assets 2022: $2,795,3052022Assets 2023: $23,878,711Liabilities 2023: $19,958,531Net Assets 2023: $3,920,1802023Assets 2024: $29,294,877Liabilities 2024: $24,061,409Net Assets 2024: $5,233,4682024Assets 2025: $30,206,264Liabilities 2025: $23,395,285Net Assets 2025: $6,810,9792025

Highlighted filing

2015

Assets$10,063,836
Liabilities$9,863,996
Net Assets$199,840
Open 2015 Filing

Operations Trend

Revenue Growth43rd percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,785,2772010Expenses 2012: $3,774,4752012Expenses 2013: $4,140,9202013Revenue 2014: $4,246,502Expenses 2014: $4,429,369Net Income 2014: -$182,8672014Revenue 2015: $4,313,646Expenses 2015: $4,419,337Net Income 2015: -$105,6912015Revenue 2016: $4,316,550Expenses 2016: $4,421,592Net Income 2016: -$105,0422016Revenue 2017: $5,011,434Expenses 2017: $4,957,700Net Income 2017: $53,7342017Revenue 2018: $5,142,617Expenses 2018: $5,138,753Net Income 2018: $3,8642018Revenue 2019: $7,786,171Expenses 2019: $7,705,647Net Income 2019: $80,5242019Revenue 2020: $10,443,579Expenses 2020: $9,495,121Net Income 2020: $948,4582020Revenue 2021: $11,983,067Expenses 2021: $10,906,083Net Income 2021: $1,076,9842021Revenue 2022: $14,135,210Expenses 2022: $13,284,070Net Income 2022: $851,1402022Revenue 2023: $14,345,949Expenses 2023: $13,221,074Net Income 2023: $1,124,8752023Revenue 2024: $15,701,909Expenses 2024: $14,388,621Net Income 2024: $1,313,2882024Revenue 2025: $16,804,889Expenses 2025: $15,227,378Net Income 2025: $1,577,5112025

Highlighted filing

2015

Revenue$4,313,646
Expenses$4,419,337
Net Income-$105,691
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 11, 2016
Return Version
2014v6.0
Gross Receipts
$4,313,646
Mission and Program Overview

Mission

To educate scholars with a broad classical foundation of knowledge, assisting them with opportunities to learn at their challenge level, in an intentionally inviting environment to help scholars acquire a life-long love of learning

Excelsior academy is a public charter school with a mission to educate scholars with a broad classical foundation of knowledge, assisting them with opportunities to learn at their challenge level, in an intentionally inviting environment to help scholars acquire a life-long love of learning

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,925,545$8,708,823▼ $216,722
Cash and Non-Interest-Bearing Accounts$1,061,833$966,423▼ $95,410
Pledges and Grants Receivable$73,733$86,492▲ $12,759
Savings and Temporary Cash Investments-$53,569-
Prepaid Expenses and Deferred Charges-$11,029-
Total Assets$10,308,111$10,063,836▼ $244,275
Other Assets Total$247,000$237,500▼ $9,500
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,756,169$9,626,697▼ $129,472
Accounts Payable and Accrued Expenses$246,411$237,299▼ $9,112
Total Liabilities$10,002,580$9,863,996▼ $138,584
Net Assets / Fund Balance
Unrestricted Net Assets$243,802$130,452▼ $113,350
Temporarily Rstr Net Assets$61,729$69,388▲ $7,659
Total Net Assets Fund Balance$305,531$199,840▼ $105,691
Total Liabilities and Net Assets / Fund Balance$10,308,111$10,063,836▼ $244,275

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,982,800$1,375,362$9,358,162
Equipment$267,263$322,356$589,619
Land$400,000-$400,000
Leasehold Improvements$58,760$5,693$64,453
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Shelly TaylorBoard Chair
Mike BegayBoard Vice Chair
Alex JacksonBoard Member
Cullen ArcherBoard Member
Katie RedmondBoard Member
Sonia LiddiardBoard Secretary
Maurie GarrBoard Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Charter SolutionsManagement Services12608 S 125 W STE C, Draper, UT 84020$105,120
Revenue and Support

Revenue Composition

Contributions and Grants
$4,187,759
Program Service Revenue
$121,948
Investment Income
$1,542
Other Revenue
$2,397
All Other Contributions
$12,595
Change in Net Assets
$-105,691

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,313,646
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,313,646
Total Revenue per Form 990
$4,313,646
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,556,979
Other Expenses$1,862,358
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,027,946$8,744-$2,036,690
Interest$588,053--$588,053
Depreciation Depletion$301,370--$301,370
Other Employee Benefits$251,320$2,991-$254,311
Payroll Taxes$155,113$964-$156,077
Fees for Services Other$122,015$397-$122,412
Pension Plan Contributions$109,156$745-$109,901
Fees for Services Management$109,281--$109,281
Insurance$21,699--$21,699
All Other Expenses$19,864$26-$19,890
Other Expenses$11,404$1,155-$11,404
Travel$8,935$13-$8,948
Advertising$3,542$52-$3,594
Fees for Services Accounting$686--$686
Total Functional Expenses$4,404,250$15,087$0$4,419,337

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,419,337
Total Expenses per Audited Statements$4,419,337
Total Expenses per Form 990$4,419,337
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
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
No
Other officer compensation reviewed
No
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

“The tax return is reviewed by the director before the return is filed. After the return has been filed the board reviews the return at the next board meeting.”

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

“Annually, the board members are required to disclose any conflicts of interest through an annual questionnaire. If any issues arise the board will consider the conflict to see if any actions need to be taken.”

Form 990, Part VI, Section C, Line 19

“All documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Excelsior Academy
EIN
26-0806243
Phone
4358823062
Address
124 EAST ERDA WAY, ERDA, UT 84074

Signing Officer

Name
Shelly Taylor
Title
Board Chair
Phone
4358823062
Signed
2016-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shelly Taylor
Formed
2009
Legal Domicile
Ut
Voting Board Members
7
Independent Board Members
7
Employees
137
Volunteers
200

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 academy 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 academy is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, the academy is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. The academy 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 academy 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 academy would recognize future accrued interest and penalties related to unrecognized tax benefits and liabililities in income tax expense if such interest and penalties are incurred. The school's form 990 is no longer subject to tax examination for years before 2011.”

Raw XML AppendixShowing 400 of 410 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/BOYAmt0246411
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0237299
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0EXCELSIOR ACADEMY IS A PUBLIC CHARTER SCHOOL WITH A MISSION TO EDUCATE SCHOLARS WITH A BROAD CLASSICAL FOUNDATION OF KNOWLEDGE, ASSISTING THEM WITH OPPORTUNITIES TO LEARN AT THEIR CHALLENGE LEVEL, IN AN INTENTIONALLY INVITING ENVIRONMENT TO HELP SCHOLARS ACQUIRE A LIFE-LONG LOVE OF LEARNING
IRS990/AdvertisingGrp/ManagementAndGeneralAmt052
IRS990/AdvertisingGrp/ProgramServicesAmt03542
IRS990/AdvertisingGrp/TotalAmt03594
IRS990/AllOtherContributionsAmt012595
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt026
IRS990/AllOtherExpensesGrp/ProgramServicesAmt019864
IRS990/AllOtherExpensesGrp/TotalAmt019890
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JUSTIN STRAIT
IRS990/BooksInCareOfDetail/PhoneNum04358823062
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0124 EAST ERDA WAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0ERDA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd084074
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01061833
IRS990/CashNonInterestBearingGrp/EOYAmt0966423
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0105120
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt012608 S 125 W STE C
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0DRAPER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0UT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd084020
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CHARTER SOLUTIONS
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04187759
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01542
IRS990/CYOtherExpensesAmt01862358
IRS990/CYOtherRevenueAmt02397
IRS990/CYProgramServiceRevenueAmt0121948
IRS990/CYRevenuesLessExpensesAmt0-105691
IRS990/CYSalariesCompEmpBnftPaidAmt02556979
IRS990/CYTotalExpensesAmt04419337
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04313646
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0301370
IRS990/DepreciationDepletionGrp/TotalAmt0301370
IRS990/Desc0EDUCATE SCHOLARS FROM KINDERGARTEN THROUGH EIGTH GRADE WITH A LIBERAL ARTS, CLASSICAL EDUCATION SCHOOL MODEL.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0137
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt04404250
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0686
IRS990/FeesForServicesAccountingGrp/TotalAmt0686
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0109281
IRS990/FeesForServicesManagementGrp/TotalAmt0109281
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0397
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0122015
IRS990/FeesForServicesOtherGrp/TotalAmt0122412
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0SHELLY TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm1MIKE BEGAY
IRS990/Form990PartVIISectionAGrp/PersonNm2MAURIE GARR
IRS990/Form990PartVIISectionAGrp/PersonNm3SONIA LIDDIARD
IRS990/Form990PartVIISectionAGrp/PersonNm4CULLEN ARCHER
IRS990/Form990PartVIISectionAGrp/PersonNm5ALEX JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm6KATIE REDMOND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt04175164
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04313646
IRS990/GrossRentsGrp/RealAmt02397
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt021699
IRS990/InsuranceGrp/TotalAmt021699
IRS990/InterestGrp/ProgramServicesAmt0588053
IRS990/InterestGrp/TotalAmt0588053
IRS990/InvestmentIncomeGrp/ExclusionAmt01542
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01542
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01703411
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08925545
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08708823
IRS990/LandBldgEquipCostOrOtherBssAmt010412234
IRS990/LegalDomicileStateCd0UT
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO EDUCATE SCHOLARS WITH A BROAD CLASSICAL FOUNDATION OF KNOWLEDGE, ASSISTING THEM WITH OPPORTUNITIES TO LEARN AT THEIR CHALLENGE LEVEL, IN AN INTENTIONALLY INVITING ENVIRONMENT TO HELP SCHOLARS ACQUIRE A LIFE-LONG LOVE OF LEARNING
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt09756169
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt09626697
IRS990/NetAssetsOrFundBalancesBOYAmt0305531
IRS990/NetAssetsOrFundBalancesEOYAmt0199840
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt02397
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02397
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0247000
IRS990/OtherAssetsTotalGrp/EOYAmt0237500
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02991
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0251320
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0254311
IRS990/OtherExpensesGrp/Desc0CURRICULUM EXPENSE
IRS990/OtherExpensesGrp/Desc1LUNCH PROGRAM
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01155
IRS990/OtherExpensesGrp/ProgramServicesAmt0356339
IRS990/OtherExpensesGrp/ProgramServicesAmt1297114
IRS990/OtherExpensesGrp/ProgramServicesAmt220413
IRS990/OtherExpensesGrp/ProgramServicesAmt311404
IRS990/OtherExpensesGrp/TotalAmt0357494
IRS990/OtherExpensesGrp/TotalAmt1297114
IRS990/OtherExpensesGrp/TotalAmt220413
IRS990/OtherExpensesGrp/TotalAmt311404
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08744
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02027946
IRS990/OtherSalariesAndWagesGrp/TotalAmt02036690
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0964
IRS990/PayrollTaxesGrp/ProgramServicesAmt0155113
IRS990/PayrollTaxesGrp/TotalAmt0156077
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0745
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0109156
IRS990/PensionPlanContributionsGrp/TotalAmt0109901
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt073733
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt086492
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011029
IRS990/PrincipalOfficerNm0SHELLY TAYLOR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES AND ACTIV
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0121948
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0121948
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04081052
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01461
IRS990/PYOtherExpensesAmt01752134
IRS990/PYOtherRevenueAmt01600
IRS990/PYProgramServiceRevenueAmt0162389
IRS990/PYRevenuesLessExpensesAmt0-182867
IRS990/PYSalariesCompEmpBnftPaidAmt02677235
IRS990/PYTotalExpensesAmt04429369
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04246502
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-105691
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt02397
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0121948
IRS990/SavingsAndTempCashInvstGrp/EOYAmt053569
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt07982800
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01375362
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09358162
IRS990ScheduleD/EquipmentGrp/BookValueAmt0267263
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0322356
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0589619
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04419337
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0400000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0400000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt058760
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05693
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt064453
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04313646
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY 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 ACADEMY IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ACADEMY IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE ACADEMY 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 ACADEMY 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 ACADEMY WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. THE SCHOOL'S FORM 990 IS NO LONGER SUBJECT TO TAX EXAMINATION FOR YEARS BEFORE 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08708823
IRS990ScheduleD/TotalExpensesPerForm990Amt04419337
IRS990ScheduleD/TotalRevenuePerForm990Amt04313646
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04313646
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04419337
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 ACADEMY RECEIVES FUNDING FROM THE STATE OF UTAH AS ADMINISTERED BY THE UTAH STATE OFFICE OF EDUCATION BASED ON THE NUMBER OF STUDENTS ENROLLED IN THE ACADEMY. THE ACADEMY HAS ALSO RECEIVED FEDERAL CHARTER SCHOOL GRANTS WHICH ARE PAID THROUGH THE UTAH STATE OFFICE OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS AN AGREEMENT WITH CHARTER SOLUTIONS, INC TO PROVIDE CERTAIN FISCAL AND ADMINISTRATIVE SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TAX RETURN IS REVIEWED BY THE DIRECTOR BEFORE THE RETURN IS FILED. AFTER THE RETURN HAS BEEN FILED THE BOARD REVIEWS THE RETURN AT THE NEXT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY, THE BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST THROUGH AN ANNUAL QUESTIONNAIRE. IF ANY ISSUES ARISE THE BOARD WILL CONSIDER THE CONFLICT TO SEE IF ANY ACTIONS NEED TO BE TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
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 C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0UT
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt061729
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt069388
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010308111
IRS990/TotalAssetsEOYAmt010063836
IRS990/TotalAssetsGrp/BOYAmt010308111
IRS990/TotalAssetsGrp/EOYAmt010063836
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04187759
IRS990/TotalEmployeeCnt0137
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015087
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04404250
IRS990/TotalFunctionalExpensesGrp/TotalAmt04419337
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010002580
IRS990/TotalLiabilitiesEOYAmt09863996
IRS990/TotalLiabilitiesGrp/BOYAmt010002580
IRS990/TotalLiabilitiesGrp/EOYAmt09863996
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0305531
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0199840
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04404250
IRS990/TotalProgramServiceRevenueAmt0121948
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01542
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0124345
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04313646
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0200
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010308111
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010063836
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt013
IRS990/TravelGrp/ProgramServicesAmt08935
IRS990/TravelGrp/TotalAmt08948
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0243802
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0130452
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0124 EAST ERDA WAY
IRS990/USAddress/CityNm0ERDA
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084074
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HTTP://EXCELSIOR-ACADEMY.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHELLY TAYLOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum04358823062
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EXCELSIOR ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0EXCE
ReturnHeader/Filer/EIN0260806243
ReturnHeader/Filer/PhoneNum04358823062
ReturnHeader/Filer/USAddress/AddressLine1Txt0124 EAST ERDA WAY
ReturnHeader/Filer/USAddress/CityNm0ERDA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084074
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EIDE BAILLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05929 S FASHION POINTE DR STE 300

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,063,836
Liabilities
$9,863,996
Net assets
$199,840
Revenue
$4,313,646
Expenses
$4,419,337
Net income
-$105,691
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$30.2$23.4$6.81$16.8$15.2$1.58
2024Detailed filing. Detailed filing data is available for this year.$29.3$24.1$5.23$15.7$14.4$1.31
2023Detailed filing. Detailed filing data is available for this year.$23.9$20.0$3.92$14.3$13.2$1.12
2022Detailed filing. Detailed filing data is available for this year.$21.1$18.3$2.80$14.1$13.3$0.85
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$18.3$2.26$12.0$10.9$1.08
2020Detailed filing. Detailed filing data is available for this year.$19.9$18.8$1.18$10.4$9.50$0.95
2019Detailed filing. Detailed filing data is available for this year.$19.1$18.9$0.23$7.79$7.71$0.08
2018Detailed filing. Detailed filing data is available for this year.$16.2$16.0$0.15$5.14$5.14$0.00
2017Detailed filing. Detailed filing data is available for this year.$9.66$9.52$0.15$5.01$4.96$0.05
2016Detailed filing. Detailed filing data is available for this year.$9.85$9.76$0.09$4.32$4.42$0.11
2015Detailed filing. Detailed filing data is available for this year.$10.1$9.86$0.20$4.31$4.42$0.11
2014Detailed filing. Detailed filing data is available for this year.$10.3$10.0$0.31$4.25$4.43$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$10.1$0.32$4.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$9.76$0.40$3.77
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.97$10.0$0.07$3.79
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $10M-$25M nonprofits