Civic Intelligence

Utah Connections Academy a Utah

990 • Fiscal year 2019 • EIN 27-3842130

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 07, 2020

Refreshing map…

687 W 700 S Ste EWoods Cross, UT 84087

(801) 298-6670

Siviq Scores

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

Liabilities / Assets

68th percentile

0.36x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

48th percentile

0.15x

Higher debt load relative to revenue than 48% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

75th percentile

17%

Higher net margin than 75% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

10th percentile

-9.6%

Faster asset growth than 10% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

69th percentile

13%

Faster revenue growth than 69% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$3,849,787

Down $410,039 (-9.6%) from 2018

Net Assets

Up

$2,475,097

Up $1,550,863 (+168%) from 2018

Liabilities

Down

$1,374,690

Down $1,960,902 (-59%) from 2018

Revenue

Up

$9,297,490

Up $1,051,312 (+13%) from 2018

Expenses

Up

$7,746,627

Up $364,348 (+4.9%) from 2018

Net Income

Up

$1,550,863

Up $686,964 (+80%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $884,661Liabilities 2013: $862,663Net Assets 2013: $21,9982013Assets 2014: $1,462,781Liabilities 2014: $1,452,627Net Assets 2014: $10,1542014Assets 2015: $1,501,935Liabilities 2015: $1,491,498Net Assets 2015: $10,4372015Assets 2017: $2,214,529Liabilities 2017: $2,154,194Net Assets 2017: $60,3352017Assets 2018: $4,259,826Liabilities 2018: $3,335,592Net Assets 2018: $924,2342018Assets 2019: $3,849,787Liabilities 2019: $1,374,690Net Assets 2019: $2,475,0972019Assets 2020: $7,732,218Liabilities 2020: $4,153,996Net Assets 2020: $3,578,2222020Assets 2021: $5,912,187Liabilities 2021: $1,043,604Net Assets 2021: $4,868,5832021

Highlighted filing

2019

Assets$3,849,787
Liabilities$1,374,690
Net Assets$2,475,097

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2013: $2,950,8882013Revenue 2014: $4,448,852Expenses 2014: $4,460,696Net Income 2014: -$11,8442014Revenue 2015: $5,322,304Expenses 2015: $5,322,021Net Income 2015: $2832015Revenue 2017: $6,526,505Expenses 2017: $7,058,799Net Income 2017: -$532,2942017Revenue 2018: $8,246,178Expenses 2018: $7,382,279Net Income 2018: $863,8992018Revenue 2019: $9,297,490Expenses 2019: $7,746,627Net Income 2019: $1,550,8632019Revenue 2020: $8,513,238Expenses 2020: $7,410,113Net Income 2020: $1,103,1252020Revenue 2021: $10,495,765Expenses 2021: $9,394,017Net Income 2021: $1,101,7482021

Highlighted filing

2019

Revenue$9,297,490
Expenses$7,746,627
Net Income$1,550,863
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 7, 2020
Return Version
2018v3.1
Gross Receipts
$9,297,490
Mission and Program Overview

Mission

To maximize academic achievement for students in grades k-12 throughout the state of utah who need an alternative to the traditional classroom.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,933,611$3,603,315▼ $330,296
Accounts Receivable$287,399$212,858▼ $74,541
Land, Buildings, and Equipment, Net$29,737$23,248▼ $6,489
Prepaid Expenses and Deferred Charges$9,079$10,366▲ $1,287
Total Assets$4,259,826$3,849,787▼ $410,039
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,147,511$1,110,099▼ $2,037,412
Accounts Payable and Accrued Expenses$112,736$191,429▲ $78,693
Deferred Revenue$75,345$73,162▼ $2,183
Total Liabilities$3,335,592$1,374,690▼ $1,960,902
Net Assets / Fund Balance
Unrestricted Net Assets$924,234$2,475,097▲ $1,550,863
Total Net Assets Fund Balance$924,234$2,475,097▲ $1,550,863
Total Liabilities and Net Assets / Fund Balance$4,259,826$3,849,787▼ $410,039

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,134$68,831$82,965
Leasehold Improvements$9,114$24,298$33,412
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephanie KinneyBoard President
Elisa NelsonBoard Member
Preston BaxterBoard Member
Kaydee PhillipsBoard Secretary
Megan EllisBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,297,490
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$1,550,863

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,297,490
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$9,297,490
Total Revenue per Form 990
$9,297,490
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,530,308
Salaries, Compensation, and Employee Benefits$2,216,319
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,727,819--$1,727,819
Information Technology$1,041,021--$1,041,021
Fees for Services Management$72,400$608,471-$680,871
Other Employee Benefits$360,197--$360,197
Fees for Services Other$9,305$214,905-$224,210
Payroll Taxes$128,303--$128,303
Advertising-$75,000-$75,000
Occupancy$57,323--$57,323
Fees for Services Accounting-$51,725-$51,725
Conferences and Meetings$48,147--$48,147
Office Expenses$24,627$1,179-$25,806
Depreciation Depletion$9,347--$9,347
Insurance-$1,264-$1,264
Other Expenses$635--$635
Fees for Services Legal-$114-$114
Total Functional Expenses$6,793,969$952,658$0$7,746,627

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,746,627
Total Expenses per Audited Statements$7,746,627
Total Expenses per Form 990$7,746,627
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 organization delegates control over management duties to connections education, which helps perform management tasks. The employees are compensated by the management company.

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

The board will review the tax return prior to filing to verify that the information presented on the tax return is accurate and correct prior to filing the tax return.

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

If a conflict of interest arises, the following board meeting, the issue is addressed to the board of directors. The board will analyze the issue to determine if further actions need to be taken to resolve the issue. Annually, all board members must sign a conflict of interest statement and review the policy.

Form 990, Part VI, Section C, Line 19

All documents are made available upon request. The tax return can be found on guide star's website, as well.

Filing and Contact Details

Filer

Filer Name
Utah Connections Academy
EIN
27-3842130
Phone
8012986670
Address
687 W 700 S STE E, WOODS CROSS, UT 84087

Signing Officer

Name
Stephanie Kinney
Title
Board President
Phone
8012986670
Signed
2020-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Kinney
Formed
2008
Legal Domicile
Ut
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
16

Preparer

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

Additional Explanations

FORM 990, PAGE 12, LINE 2C:

The finance committee oversees the audit and addresses any questions or issues that may arise.

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)(ii), and has been determined not to be a private foundation under section 509(a)(1). 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 liabilities in income tax expense if such interest and penalties are incurred.

Raw XML Appendix376 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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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07746627
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt09114
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt024298
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt033412
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09297490
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)(II), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). 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 LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt023248
IRS990ScheduleD/TotalExpensesPerForm990Amt07746627
IRS990ScheduleD/TotalRevenuePerForm990Amt09297490
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09297490
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07746627
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATES CONTROL OVER MANAGEMENT DUTIES TO CONNECTIONS EDUCATION, WHICH HELPS PERFORM MANAGEMENT TASKS. THE EMPLOYEES ARE COMPENSATED BY THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD WILL REVIEW THE TAX RETURN PRIOR TO FILING TO VERIFY THAT THE INFORMATION PRESENTED ON THE TAX RETURN IS ACCURATE AND CORRECT PRIOR TO FILING THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF A CONFLICT OF INTEREST ARISES, THE FOLLOWING BOARD MEETING, THE ISSUE IS ADDRESSED TO THE BOARD OF DIRECTORS. THE BOARD WILL ANALYZE THE ISSUE TO DETERMINE IF FURTHER ACTIONS NEED TO BE TAKEN TO RESOLVE THE ISSUE. ANNUALLY, ALL BOARD MEMBERS MUST SIGN A CONFLICT OF INTEREST STATEMENT AND REVIEW THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE TAX RETURN CAN BE FOUND ON GUIDE STAR'S WEBSITE, AS WELL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FINANCE COMMITTEE OVERSEES THE AUDIT AND ADDRESSES ANY QUESTIONS OR ISSUES THAT MAY ARISE.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 12, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0UT
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04259826
IRS990/TotalAssetsEOYAmt03849787
IRS990/TotalAssetsGrp/BOYAmt04259826
IRS990/TotalAssetsGrp/EOYAmt03849787
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt09297490
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0952658
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06793969
IRS990/TotalFunctionalExpensesGrp/TotalAmt07746627
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03335592
IRS990/TotalLiabilitiesEOYAmt01374690
IRS990/TotalLiabilitiesGrp/BOYAmt03335592
IRS990/TotalLiabilitiesGrp/EOYAmt01374690
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0924234
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02475097
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt06793969
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09297490
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt016
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04259826
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03849787
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0924234
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02475097
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0687 W 700 S STE E
IRS990/USAddress/CityNm0WOODS CROSS
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084087
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0HTTPS://WWW.CONNECTIONSACADEMY.COM/UTAH-ONLINE-SC
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHANIE KINNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08012986670
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UTAH CONNECTIONS ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0UTAH
ReturnHeader/Filer/EIN0273842130
ReturnHeader/Filer/PhoneNum08012986670
ReturnHeader/Filer/USAddress/AddressLine1Txt0687 W 700 S STE E
ReturnHeader/Filer/USAddress/CityNm0WOODS CROSS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084087
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B5BFF57943AD53AF0F23D043DB1720E5598C85D3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B5BFF57943AD53AF0F23D043DB1720E5598C85D3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.147.181.44
ReturnHeader/FilingSecurityInformation/IPDt02020-04-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0MD
ReturnHeader/FilingSecurityInformation/IPTm011:09:48
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EIDE BAILLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05929 FASHION POINTE DR STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OGDEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0844034684
ReturnHeader/PreparerPersonGrp/PhoneNum08016211575
ReturnHeader/PreparerPersonGrp/PreparationDt02020-03-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHETT CAMPBELL CPA
ReturnHeader/ReturnTs02020-04-16T15:43:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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