Civic Intelligence

Uca Properties II Inc

990 • Fiscal year 2018 • EIN 27-4165809

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 15, 2018

3636 West 3100 SouthWest Valley City, UT 84119

(801) 839-3613

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

99th percentile

5.43x

Higher debt load relative to revenue than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

6th percentile

-76%

Higher net margin than 6% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

36th percentile

-8.0%

Faster revenue growth than 36% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$0

Down $18,211,425 (-100%) from 2017

Net Assets

Down

-$2,298,453

Down $321,530 (-16%) from 2017

Liabilities

Down

$2,298,453

Down $17,889,895 (-89%) from 2017

Revenue

Down

$422,923

Down $36,613 (-8.0%) from 2017

Expenses

Down

$744,453

Down $79,578 (-9.7%) from 2017

Net Income

Up

-$321,530

Up $42,965 (+12%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2012: $13,756,286Liabilities 2012: $14,091,522Net Assets 2012: -$335,2362012Assets 2013: $19,306,539Liabilities 2013: $19,868,811Net Assets 2013: -$562,2722013Assets 2014: $19,647,464Liabilities 2014: $20,409,125Net Assets 2014: -$761,6612014Assets 2015: $19,181,692Liabilities 2015: $20,184,117Net Assets 2015: -$1,002,4252015Assets 2016: $18,590,330Liabilities 2016: $20,202,758Net Assets 2016: -$1,612,4282016Assets 2017: $18,211,425Liabilities 2017: $20,188,348Net Assets 2017: -$1,976,9232017Assets 2018: $0Liabilities 2018: $2,298,453Net Assets 2018: -$2,298,4532018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2018

Assets$0
Liabilities$2,298,453
Net Assets-$2,298,453

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2012: $563,9312012Expenses 2013: $686,2632013Revenue 2014: $902,931Expenses 2014: $1,102,320Net Income 2014: -$199,3892014Revenue 2015: $1,050,829Expenses 2015: $1,291,593Net Income 2015: -$240,7642015Revenue 2016: $459,217Expenses 2016: $1,069,220Net Income 2016: -$610,0032016Revenue 2017: $459,536Expenses 2017: $824,031Net Income 2017: -$364,4952017Revenue 2018: $422,923Expenses 2018: $744,453Net Income 2018: -$321,5302018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019

Highlighted filing

2018

Revenue$422,923
Expenses$744,453
Net Income-$321,530
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 15, 2018
Return Version
2017v2.3
Gross Receipts
$422,923
Mission and Program Overview

Mission

To support utah charter academies, inc., a school exempt from tax under 501(c)(3). The support includes owning and maintaining real estate used by the school.

To support utah charter academies, inc. (the school) primarily by owning and maintaining real estate used by the school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,771,590--
Investments Other Securities$312,791--
Cash and Non-Interest-Bearing Accounts$48,833--
Savings and Temporary Cash Investments$10,127--
Total Assets$18,211,425$0▼ $18,211,425
Other Assets Total$1,068,084--
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,127,048--
Other Liabilities$8,061,300$2,298,453▼ $5,762,847
Total Liabilities$20,188,348$2,298,453▼ $17,889,895
Net Assets / Fund Balance
Unrestricted Net Assets$-1,976,923$-2,298,453▼ $321,530
Total Net Assets Fund Balance$-1,976,923$-2,298,453▼ $321,530
Total Liabilities and Net Assets / Fund Balance$18,211,425$0▼ $18,211,425
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brad FindlayBoard Chair
Phil CollinsCFO
Ted HeapMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$420,948
Investment Income
$1,975
Other Revenue
$0
Change in Net Assets
$-321,530
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$743,903
Salaries, Compensation, and Employee Benefits$550
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$389,191--$389,191
Interest$343,293--$343,293
Fees for Services Other$9,919--$9,919
Fees for Services Accounting-$1,500-$1,500
Other Salaries and Wages$550--$550
Total Functional Expenses$742,953$1,500$0$744,453
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

Other Reported Liabilities

LiabilityAmount
Due to Utah Charter Academies$2,298,453
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Management reviews and approves the form 990.

Form 990, Page 6, Part VI, Line 19

Organizing documents are available upon request just as forms 990.

Filing and Contact Details

Filer

Filer Name
Uca Properties Ii Inc
EIN
27-4165809
Phone
8018393613
Address
3636 WEST 3100 SOUTH, WEST VALLEY CITY, UT 84119

Signing Officer

Name
Phil Collins
Title
CFO
Phone
8018393613
Signed
2018-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Findlay
Formed
2010
Legal Domicile
Ut
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Squire & Company Pc
Address
1329 SOUTH 800 EAST, OREM, UT 84097-7737
Preparer
M Paul Winward CPA
Phone
8012256900
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 3

The organization transferred all leased assets to utah charter academies, inc. (uca) during the year to enable uca to refinance all building-related debt with one bond issuance.

Raw XML Appendix382 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/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02010
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IRS990/FSAuditedInd0true
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IRS990/InvestmentInJointVentureInd0false
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IRS990/IRPDocumentCnt00
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IRS990/LoanOutstandingInd0false
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IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0320
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IRS990/PYTotalRevenueAmt0459536
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-321530
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0420948
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0UTAH CHARTER ACADEMIES, INC. BOARD MEMBERS ARE THE ONLY BOARD MEMBERS OF THE ORGANIZATION. THEIR REPRESENTATION ENSURES THE BUILDING IS MAINTAINED AND THAT THE RENT PAID IS SUFFICIENT TO REPAY THE ORGANIZATION'S DEBT.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ORGANIZATION'S SOLE PURPOSE IS TO OWN A SCHOOL BUILDING LEASED TO THE SUPPORTED ORGANIZATION (UTAH CHARTER ACADEMIES, INC.).
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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBER, BRAD FINDLAY, SERVES AS THE CHAIR OF BOTH ORGANIZATION'S BOARDS. ACCORDINGLY, ALL QUESTIONS RELATED TO PART II QUESTION 2 ARE LEFT BLANK. THE TRANSFER OF ASSETS WAS MADE TO ENABLE UTAH CHARTER ACADEMIES, INC. TO CONSOLIDATE ALL DEBT RELATED TO SCHOOL BUILDINGS IN ONE ORGANIZATION AND ELIMINATE THE NEED FOR THE SEPARATE SUPPORTING ORGANIZATIONS.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION TRANSFERRED ALL LEASED ASSETS TO UTAH CHARTER ACADEMIES, INC. (UCA) DURING THE YEAR TO ENABLE UCA TO REFINANCE ALL BUILDING-RELATED DEBT WITH ONE BOND ISSUANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT REVIEWS AND APPROVES THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZING DOCUMENTS ARE AVAILABLE UPON REQUEST JUST AS FORMS 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1UCA PROPERTIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2UCA PROPERTIES III
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0680547532
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORT
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt13636 WEST 3100 SOUTH
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IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1NET BOOK VALUE OF ASSETS
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0744453
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IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-2298453
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03636 WEST 3100 SOUTH
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IRS990/USAddress/ZIPCd084119
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PHIL COLLINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum08018393613
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-12-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UCA PROPERTIES II INC
ReturnHeader/Filer/BusinessNameControlTxt0UCAP
ReturnHeader/Filer/EIN0274165809
ReturnHeader/Filer/PhoneNum08018393613
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F1E22360F61A5E3A5871F3476489846BC9F3B330
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId084EF7F0412F8930BF78A9C5F1AF2848E1C3315C2
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.75.165.26
ReturnHeader/FilingSecurityInformation/IPDt02019-01-29
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:01:48
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0870343246
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SQUIRE & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01329 SOUTH 800 EAST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OREM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0840977737
ReturnHeader/PreparerPersonGrp/PhoneNum08012256900
ReturnHeader/PreparerPersonGrp/PreparationDt02019-01-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0M PAUL WINWARD CPA
ReturnHeader/ReturnTs02019-01-29T12:01:48-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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