Civic Intelligence

Excelsior Academy

990 • Fiscal year 2024 • EIN 26-0806243

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 27, 2025

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

88th percentile

0.82x

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

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

1.53x

Higher debt load relative to revenue than 83% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

60th percentile

8.4%

Higher net margin than 60% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

20th percentile

$148,576

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

85th percentile

23%

Faster asset growth than 85% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

9.5%

Faster revenue growth than 53% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$29,294,877

Up $5,416,166 (+23%) from 2023

Net Assets

Up

$5,233,468

Up $1,313,288 (+34%) from 2023

Liabilities

Up

$24,061,409

Up $4,102,878 (+21%) from 2023

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin60th percentile

Revenue

Up

$15,701,909

Up $1,355,960 (+9.5%) from 2023

Expenses

Up

$14,388,621

Up $1,167,547 (+8.8%) from 2023

Net Income

Up

$1,313,288

Up $188,413 (+17%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth85th 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

2024

Assets$29,294,877
Liabilities$24,061,409
Net Assets$5,233,468
Open 2024 Filing

Operations Trend

Revenue Growth53rd 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

2024

Revenue$15,701,909
Expenses$14,388,621
Net Income$1,313,288
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 27, 2025
Return Version
2023v6.0
Gross Receipts
$15,701,909
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

To educate scholars with a broad classical foundation of knowledge.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,254,660$21,700,452▲ $1,445,792
Cash and Non-Interest-Bearing Accounts$2,354,581$5,144,752▲ $2,790,171
Investments in Publicly Traded Securities$1,050,895$1,941,417▲ $890,522
Pledges and Grants Receivable$105,420$427,947▲ $322,527
Savings and Temporary Cash Investments$54,097$54,124▲ $27
Prepaid Expenses and Deferred Charges$57,088$24,714▼ $32,374
Accounts Receivable$1,970$1,471▼ $499
Total Assets$23,878,711$29,294,877▲ $5,416,166
Liabilities
Mortgage Notes Payable Secured by Investment Property$19,058,882$16,771,630▼ $2,287,252
Tax Exempt Bond Liabilities-$6,168,000-
Accounts Payable and Accrued Expenses$899,649$1,109,460▲ $209,811
Deferred Revenue-$12,319-
Total Liabilities$19,958,531$24,061,409▲ $4,102,878
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,860,479$3,227,906▲ $367,427
Net Assets With Donor Restrictions$1,059,701$2,005,562▲ $945,861
Total Net Assets Fund Balance$3,920,180$5,233,468▲ $1,313,288
Total Liabilities and Net Assets / Fund Balance$23,878,711$29,294,877▲ $5,416,166

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,749,478$4,857,511$21,606,989
Land$4,095,638-$4,095,638
Equipment$702,668$730,736$1,433,404
Other Land Buildings$152,668$34,461$187,129
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matt HymasExecutive DirectorFT$134,976$13,600$148,576
Gichin MarsdenMiddle School DirectorFT$101,237$20,015$121,252
Savanna BroadbentElementary DirectorFT$96,439$20,303$116,742

Board Members and Trustees

NameTitle
Brandon ClarkBoard Chair
Danelle RobinsVice Chair
Cathy HunterBoard Member
Emily SmithBoard Member
Nathan HarrisBoard Member
Yesenia ValenzuelaBoard Member
Helen EmefoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Public Employees Health ProgramMedical And Dental InsurancePO BOX 3503, Salt Lake City, UT 84110-3503$1,168,312
Ess WestSubstitute ServicesPO BOX 676319, Dallas, TX 75267-6319$204,376
Revenue and Support

Revenue Composition

Contributions and Grants
$15,124,674
Program Service Revenue
$457,293
Investment Income
$119,942
Other Revenue
$0
All Other Contributions
$878
Change in Net Assets
$1,313,288

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,701,909
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$15,701,909
Total Revenue per Form 990
$15,701,909
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,479,928
Other Expenses$3,908,693
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,164,441--$8,164,441
Interest$1,121,899--$1,121,899
Other Employee Benefits$843,535--$843,535
Depreciation Depletion$631,351--$631,351
Payroll Taxes$618,566--$618,566
Fees for Services Other$542,032--$542,032
Pension Plan Contributions$427,155--$427,155
Current Officers, Directors, Trustees, and Key Employees-$426,231-$426,231
Information Technology$136,060$4,906-$140,966
Occupancy$129,507--$129,507
Travel$52,303--$52,303
Insurance$21,350$29,022-$50,372
Fees for Services Accounting-$36,586-$36,586
All Other Expenses$27,569--$27,569
Fees for Services Legal-$26,572-$26,572
Advertising$4,147$1,311-$5,458
Office Expenses$4,468--$4,468
Other Expenses$4,341$3,916-$4,341
Total Functional Expenses$13,860,077$528,544$0$14,388,621

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$14,388,621
Total Expenses per Audited Statements$14,388,621
Total Expenses per Form 990$14,388,621
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AUtah Charter School Finance Authority2023-11-21$6,168,000Purchase of land and building

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$6,168,000--$121,500

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
Yes
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
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, Part VI, Section A, Line 8B

“There are no committees with authority to act on behalf of the board.”

Form 990, Part VI, Section B, Line 11B

“The tax return is reviewed by the executive 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 B, Line 15

“The executive director's compensation is based on approved pay scales which are reviewed annually by the board of directors.”

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
Matt Hymas
Title
Executive Director
Phone
4358823062
Signed
2025-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandon Clark
Formed
2009
Legal Domicile
Ut
Voting Board Members
7
Independent Board Members
7
Employees
250
Volunteers
175

Preparer

Firm
Eide Bailly Llp
Address
5 TRIAD CENTER STE 600, SALT LAKE CITY, UT 84180-1106
Preparer
Kyle Fritch CPA
Phone
8015322200
Raw XML AppendixShowing 400 of 489 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/InterestGrp/ProgramServicesAmt01121899
IRS990/InterestGrp/TotalAmt01121899
IRS990/InvestmentIncomeGrp/ExclusionAmt0119942
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0119942
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01050895
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01941417
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt027
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05622708
IRS990/LandBldgEquipBasisNetGrp/BOYAmt020254660
IRS990/LandBldgEquipBasisNetGrp/EOYAmt021700452
IRS990/LandBldgEquipCostOrOtherBssAmt027323160
IRS990/LegalDomicileStateCd0UT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EXCELSIOR 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
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt019058882
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt016771630
IRS990/NetAssetsOrFundBalancesBOYAmt03920180
IRS990/NetAssetsOrFundBalancesEOYAmt05233468
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02860479
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03227906
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0129507
IRS990/OccupancyGrp/TotalAmt0129507
IRS990/OfficeExpensesGrp/ProgramServicesAmt04468
IRS990/OfficeExpensesGrp/TotalAmt04468
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0843535
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0843535
IRS990/OtherExpensesGrp/Desc0SUPPLIES & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1TEXTBOOKS & EDUCATION
IRS990/OtherExpensesGrp/Desc2DUES & FEES
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03916
IRS990/OtherExpensesGrp/ProgramServicesAmt01062623
IRS990/OtherExpensesGrp/ProgramServicesAmt146043
IRS990/OtherExpensesGrp/ProgramServicesAmt222687
IRS990/OtherExpensesGrp/ProgramServicesAmt34341
IRS990/OtherExpensesGrp/TotalAmt01066539
IRS990/OtherExpensesGrp/TotalAmt146043
IRS990/OtherExpensesGrp/TotalAmt222687
IRS990/OtherExpensesGrp/TotalAmt34341
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt08164441
IRS990/OtherSalariesAndWagesGrp/TotalAmt08164441
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0618566
IRS990/PayrollTaxesGrp/TotalAmt0618566
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0427155
IRS990/PensionPlanContributionsGrp/TotalAmt0427155
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0105420
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0427947
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt057088
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024714
IRS990/PrincipalOfficerNm0BRANDON CLARK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES AND ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0457293
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0457293
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt013902849
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt046880
IRS990/PYOtherExpensesAmt03337581
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0396220
IRS990/PYRevenuesLessExpensesAmt01124875
IRS990/PYSalariesCompEmpBnftPaidAmt09883493
IRS990/PYTotalExpensesAmt013221074
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt014345949
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01313288
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0457293
IRS990/SavingsAndTempCashInvstGrp/BOYAmt054097
IRS990/SavingsAndTempCashInvstGrp/EOYAmt054124
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt016749478
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04857511
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt021606989
IRS990ScheduleD/EquipmentGrp/BookValueAmt0702668
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0730736
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01433404
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt014388621
IRS990ScheduleD/LandGrp/BookValueAmt04095638
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04095638
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0152668
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt034461
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0187129
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt015701909
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021700452
IRS990ScheduleD/TotalExpensesPerForm990Amt014388621
IRS990ScheduleD/TotalRevenuePerForm990Amt015701909
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015701909
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt014388621
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
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02023-11-21
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0261275269
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0000000000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt06168000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0UTAH CHARTER SCHOOL FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0PURCHASE OF LAND AND BUILDING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusConcerningUBIPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusUseByOthersPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/TotalPrivateBusinessUsePct00.00000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt06046500
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0121500
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02024
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt06168000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TAX RETURN IS REVIEWED BY THE EXECUTIVE 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/ExplanationTxt3THE EXECUTIVE DIRECTOR'S COMPENSATION IS BASED ON APPROVED PAY SCALES WHICH ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,294,877
Liabilities
$24,061,409
Net assets
$5,233,468
Revenue
$15,701,909
Expenses
$14,388,621
Net income
$1,313,288
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