Civic Intelligence

Excelsior Academy

990 • Fiscal year 2021 • EIN 26-0806243

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 27, 2022

Organization ProfileEXCELSIOR-ACADEMY.ORG

View Organization Page

124 E 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

90th percentile

0.89x

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

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

Liabilities / Revenue

86th percentile

1.53x

Higher debt load relative to revenue than 86% of similar nonprofits.

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

Net Margin

43rd percentile

9.0%

Higher net margin than 43% of similar nonprofits.

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

Top Officer Pay

22nd percentile

$96,575

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

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

Asset Growth

31st percentile

3.0%

Faster asset growth than 31% of similar nonprofits.

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

Revenue Growth

54th percentile

15%

Faster revenue growth than 54% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$20,542,064

Up $606,306 (+3.0%) from 2020

Net Assets

Up

$2,258,360

Up $1,076,984 (+91%) from 2020

Liabilities

Down

$18,283,704

Down $470,678 (-2.5%) from 2020

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin43rd percentile

Revenue

Up

$11,983,067

Up $1,539,488 (+15%) from 2020

Expenses

Up

$10,906,083

Up $1,410,962 (+15%) from 2020

Net Income

Up

$1,076,984

Up $128,526 (+14%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth31st 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

2021

Assets$20,542,064
Liabilities$18,283,704
Net Assets$2,258,360
Open 2021 Filing

Operations Trend

Revenue Growth54th 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

2021

Revenue$11,983,067
Expenses$10,906,083
Net Income$1,076,984
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 27, 2022
Return Version
2020v4.1
Gross Receipts
$11,983,067
Mission and Program Overview

Mission

Excelsior academy's mission is 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$16,979,289$16,491,584▼ $487,705
Cash and Non-Interest-Bearing Accounts$2,629,774$2,801,008▲ $171,234
Savings and Temporary Cash Investments$53,852$1,061,002▲ $1,007,150
Pledges and Grants Receivable$268,502$181,928▼ $86,574
Prepaid Expenses and Deferred Charges$4,341$6,542▲ $2,201
Total Assets$19,935,758$20,542,064▲ $606,306
Liabilities
Mortgage Notes Payable Secured by Investment Property$18,057,516$17,648,198▼ $409,318
Accounts Payable and Accrued Expenses$696,866$635,506▼ $61,360
Total Liabilities$18,754,382$18,283,704▼ $470,678
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,082,168$2,244,654▲ $1,162,486
Net Assets With Donor Restrictions$99,208$13,706▼ $85,502
Total Net Assets Fund Balance$1,181,376$2,258,360▲ $1,076,984
Total Liabilities and Net Assets / Fund Balance$19,935,758$20,542,064▲ $606,306

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,529,043$3,240,764$18,769,807
Equipment$181,567$560,267$741,834
Leasehold Improvements$368,174$90,707$458,881
Land$400,000-$400,000
Other Land Buildings$12,800-$12,800
Compensation and Service Providers
Top Officer Pay22nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Stephanie EcclesExecutive DirectorFT$96,575$96,575
Gichin MarsdenMiddle School DirectorFT$80,478$80,478
Emily WillsonElementary DirectorFT$79,875$79,875
Savanna BroadbentElementary Assistant DirectFT$73,899$73,899

Board Members and Trustees

NameTitle
Angie JenkinsBoard Chair
Brandon ClarkBoard Member
Danelle RobinsBoard Member
Lori Dow GielewiczBoard Member
Michael JonesBoard Member
Miles LawrenceBoard Member
Cathy HunterBoard Secretary
Amy LearBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,811,701
Program Service Revenue
$164,238
Investment Income
$6,988
Other Revenue
$140
All Other Contributions
$11,805
Change in Net Assets
$1,076,984

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,983,067
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$11,983,067
Total Revenue per Form 990
$11,983,067
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,129,037
Other Expenses$2,777,046
Total Fundraising Expense$5,889
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,331,749--$6,331,749
Interest$755,117--$755,117
Other Employee Benefits$700,612--$700,612
Depreciation Depletion$539,357--$539,357
Payroll Taxes$474,850--$474,850
Current Officers, Directors, Trustees, and Key Employees$330,827--$330,827
Pension Plan Contributions$290,999--$290,999
Fees for Services Other$251,337--$251,337
Information Technology$94,920--$94,920
Other Expenses$42,322$24,427$5,889$42,322
Insurance$23,840--$23,840
Fees for Services Accounting-$21,300-$21,300
Travel$14,810--$14,810
Fees for Services Legal-$1,375-$1,375
All Other Expenses$1,263--$1,263
Advertising$345$349-$694
Total Functional Expenses$10,852,743$47,451$5,889$10,906,083

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$10,906,083
Expenses per Audited Statements$10,891,707
Total Expenses per Audited Statements$10,891,707
Expenses Not Reported on Financial Statements$14,376
Other Expense Adjustments$14,376
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 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
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 11B

“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 E ERDA WAY, ERDA, UT 84074

Signing Officer

Name
Stephanie Eccles
Title
Executive Director
Phone
4358823062
Signed
2022-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandon Clark
Formed
2009
Legal Domicile
Ut
Voting Board Members
8
Independent Board Members
8
Employees
251
Volunteers
170

Preparer

Firm
Eide Bailly Llp
Address
5929 FASHION POINT DR STE 300, OGDEN, UT 84403-4684
Preparer
Chett Campbell CPA
Phone
8016211575
Supplemental Narrative

Financial Statement Notes

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“GASB TO FASB ADJUSTMENT”

Change in Accounting Framework

“Utah house bill 242 (h.b. 242) was passed in 2020 and requires utah charter schools to report under the governmental accounting standards board (gasb) framework. As a result of implementing the financial reporting requirements of h.b. 242, the school has converted the financial statement presentation of the school financial statements and related disclosures to be presented in accordance with the gasb financial reporting framework. Previously, the school prepared financials statements under the financial accounting standards board (fasb) framework.”

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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/BOYAmt018057516
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt017648198
IRS990/NetAssetsOrFundBalancesBOYAmt01181376
IRS990/NetAssetsOrFundBalancesEOYAmt02258360
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0140
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0140
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01082168
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02244654
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0700612
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0700612
IRS990/OtherExpensesGrp/Desc0GENERAL SUPPLIES AND MA
IRS990/OtherExpensesGrp/Desc1TEXTBOOKS AND EDUCATION
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3PROPERTY RENTAL
IRS990/OtherExpensesGrp/FundraisingAmt05889
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt024427
IRS990/OtherExpensesGrp/ProgramServicesAmt0791140
IRS990/OtherExpensesGrp/ProgramServicesAmt1116315
IRS990/OtherExpensesGrp/ProgramServicesAmt292940
IRS990/OtherExpensesGrp/ProgramServicesAmt342322
IRS990/OtherExpensesGrp/TotalAmt0821456
IRS990/OtherExpensesGrp/TotalAmt1116315
IRS990/OtherExpensesGrp/TotalAmt292940
IRS990/OtherExpensesGrp/TotalAmt342322
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06331749
IRS990/OtherSalariesAndWagesGrp/TotalAmt06331749
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0474850
IRS990/PayrollTaxesGrp/TotalAmt0474850
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0290999
IRS990/PensionPlanContributionsGrp/TotalAmt0290999
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0268502
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0181928
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04341
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06542
IRS990/PrincipalOfficerNm0BRANDON CLARK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES AND ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0164238
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0164238
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010151798
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09813
IRS990/PYOtherExpensesAmt02653990
IRS990/PYOtherRevenueAmt0300
IRS990/PYProgramServiceRevenueAmt0281668
IRS990/PYRevenuesLessExpensesAmt0948458
IRS990/PYSalariesCompEmpBnftPaidAmt06841131
IRS990/PYTotalExpensesAmt09495121
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010443579
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01076984
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0140
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0164238
IRS990/SavingsAndTempCashInvstGrp/BOYAmt053852
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01061002
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt015529043
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03240764
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018769807
IRS990ScheduleD/EquipmentGrp/BookValueAmt0181567
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0560267
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0741834
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt014376
IRS990ScheduleD/ExpensesSubtotalAmt010891707
IRS990ScheduleD/LandGrp/BookValueAmt0400000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0400000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0368174
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt090707
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0458881
IRS990ScheduleD/OtherExpensesNotIncludedAmt014376
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012800
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012800
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011983067
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GASB TO FASB ADJUSTMENT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1UTAH HOUSE BILL 242 (H.B. 242) WAS PASSED IN 2020 AND REQUIRES UTAH CHARTER SCHOOLS TO REPORT UNDER THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB) FRAMEWORK. AS A RESULT OF IMPLEMENTING THE FINANCIAL REPORTING REQUIREMENTS OF H.B. 242, THE SCHOOL HAS CONVERTED THE FINANCIAL STATEMENT PRESENTATION OF THE SCHOOL FINANCIAL STATEMENTS AND RELATED DISCLOSURES TO BE PRESENTED IN ACCORDANCE WITH THE GASB FINANCIAL REPORTING FRAMEWORK. PREVIOUSLY, THE SCHOOL PREPARED FINANCIALS STATEMENTS UNDER THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) FRAMEWORK.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1CHANGE IN ACCOUNTING FRAMEWORK
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016491584
IRS990ScheduleD/TotalExpensesPerForm990Amt010906083
IRS990ScheduleD/TotalRevenuePerForm990Amt011983067
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011983067
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010891707
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 11B
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt019935758
IRS990/TotalAssetsEOYAmt020542064
IRS990/TotalAssetsGrp/BOYAmt019935758
IRS990/TotalAssetsGrp/EOYAmt020542064
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt011811701
IRS990/TotalEmployeeCnt0251
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05889
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047451
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt010852743
IRS990/TotalFunctionalExpensesGrp/TotalAmt010906083
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018754382
IRS990/TotalLiabilitiesEOYAmt018283704
IRS990/TotalLiabilitiesGrp/BOYAmt018754382
IRS990/TotalLiabilitiesGrp/EOYAmt018283704
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01181376
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02258360
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt010852743
IRS990/TotalProgramServiceRevenueAmt0164238
IRS990/TotalReportableCompFromOrgAmt0330827
IRS990/TotalRevenueGrp/ExclusionAmt07128
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0164238
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011983067
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0170
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt019935758
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt020542064
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt014810

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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
$20,542,064
Liabilities
$18,283,704
Net assets
$2,258,360
Revenue
$11,983,067
Expenses
$10,906,083
Net income
$1,076,984
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