Civic Intelligence

Aristotle Academy

990 • Fiscal year 2017 • EIN 45-0848372

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 15, 2017

Organization ProfileWWW.ARISTOTLEACADEMYK8.ORG
704 South 600 EastAmerican Fork, UT 84003

(801) 763-7286

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$324,915

Up $34,192 (+12%) from 2016

Net Assets

Up

$81,496

Up $129,347 (+270%) from 2016

Liabilities

Down

$243,419

Down $95,155 (-28%) from 2016

Revenue And Expenses

Revenue

Up

$1,064,870

Up $15,718 (+1.5%) from 2016

Expenses

Down

$935,523

Down $150,035 (-14%) from 2016

Net Income

Up

$129,347

Up $165,753 (+455%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200K-$400KAssets 2013: $194,356Liabilities 2013: $486,072Net Assets 2013: -$291,7162013Assets 2014: $215,889Liabilities 2014: $443,670Net Assets 2014: -$227,7812014Assets 2015: $417,359Liabilities 2015: $370,797Net Assets 2015: $46,5622015Assets 2016: $290,723Liabilities 2016: $338,574Net Assets 2016: -$47,8512016Assets 2017: $324,915Liabilities 2017: $243,419Net Assets 2017: $81,4962017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2017

Assets$324,915
Liabilities$243,419
Net Assets$81,496
Open 2017 Filing

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2013: $1,616,7772013Revenue 2014: $1,467,685Expenses 2014: $1,403,750Net Income 2014: $63,9352014Revenue 2015: $1,418,779Expenses 2015: $1,144,436Net Income 2015: $274,3432015Revenue 2016: $1,049,152Expenses 2016: $1,085,558Net Income 2016: -$36,4062016Revenue 2017: $1,064,870Expenses 2017: $935,523Net Income 2017: $129,3472017Revenue 2018: $27,748Expenses 2018: $109,244Net Income 2018: -$81,4962018

Highlighted filing

2017

Revenue$1,064,870
Expenses$935,523
Net Income$129,347
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 15, 2017
Return Version
2016v3.0
Gross Receipts
$1,076,969
Mission and Program Overview

Mission

Aristotle academy serves approximately 230 kindergarten through eigth grade students as a public charter school chartered by the state of utah.

Aristotle academy serves approximately 130 kindergarten through eighth grade students as a public charter school chartered by the state of utah.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$174,994$246,367▲ $71,373
Pledges and Grants Receivable$87,055$65,965▼ $21,090
Land, Buildings, and Equipment, Net$22,910--
Prepaid Expenses and Deferred Charges$5,764$6,878▲ $1,114
Accounts Receivable-$5,705-
Total Assets$290,723$324,915▲ $34,192
Liabilities
Deferred Revenue$185,958$232,600▲ $46,642
Other Liabilities$83,843--
Unsecured Notes Loans Payable$35,004--
Accounts Payable and Accrued Expenses$33,769$10,819▼ $22,950
Total Liabilities$338,574$243,419▼ $95,155
Net Assets / Fund Balance
Unrestricted Net Assets$-47,851$81,496▲ $129,347
Total Net Assets Fund Balance$-47,851$81,496▲ $129,347
Total Liabilities and Net Assets / Fund Balance$290,723$324,915▲ $34,192
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Warren ShenkPrincipalFT$73,966$73,966

Board Members and Trustees

NameTitle
Alan ShinoChair
Lindsy StraitVice Chair
Revenue and Support

Revenue Composition

Contributions and Grants
$1,006,852
Program Service Revenue
$11,364
Investment Income
$46,654
Other Revenue
$0
All Other Contributions
$125
Change in Net Assets
$129,347

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,064,870
Total Revenue per Audited Statements
$1,064,870
Total Revenue per Form 990
$1,064,870
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$638,196
Other Expenses$297,327
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$400,601$72,750-$473,351
Occupancy$108,259$17,277-$125,536
Current Officers, Directors, Trustees, and Key Employees$73,966--$73,966
Other Employee Benefits$37,930$17,457-$55,387
Fees for Services Other$10,113$36,871-$46,984
Payroll Taxes$35,492--$35,492
Fees for Services Accounting$12,500--$12,500
Depreciation Depletion$9,068$1,743-$10,811
Insurance$6,696--$6,696
Other Expenses$4,859$4,674-$4,859
Office Expenses$4,812--$4,812
Advertising$3,209--$3,209
All Other Expenses$2,487--$2,487
Fees for Services Legal$1,158--$1,158
Conferences and Meetings$837--$837
Travel$455--$455
Interest$197$38-$235
Total Functional Expenses$784,713$150,810$0$935,523

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$935,523
Total Expenses per Audited Statements$935,523
Total Expenses per Form 990$935,523
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
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, Page 6, Part VI, Line 11B

“Reviewed in the monthly board meeting along with other financial reports.”

Form 990, Page 6, Part VI, Line 12C

“Conflicts of interest are monitored by the board and principal.”

Form 990, Page 6, Part VI, Line 15A

“Compensation of key employees and officers is presented to the board for review and approval.”

Form 990, Page 6, Part VI, Line 15B

“Compensation of key employees and officers is presented to the board for review and approval.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request just as forms 990.”

Filing and Contact Details

Filer

Filer Name
Aristotle Academy
EIN
45-0848372
Phone
8017637286
Address
704 SOUTH 600 EAST, AMERICAN FORK, UT 84003

Signing Officer

Name
Darren Hensley
Title
Business Administrat
Phone
8017637286
Signed
2017-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Warren Shenk
Formed
2011
Legal Domicile
Ut
Voting Board Members
2
Independent Board Members
2
Employees
28
Volunteers
4

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

“In november 2016, the school's board announced that it would be closing the school at the end of the 2016-17 school year. The school's enrollment has been consistently declining over the past few years and did not show signs of improvement. The school had tried to merge with other charter schools, but those requests were denied. After considering the options for the school, the board decided it would be best to cease operations after the 2016-17 school year. Effective june 30, 2017, the school is permanently closed and the school is currently retiring its liabilities with remaining assets.”

Raw XML Appendix349 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt033769
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010819
IRS990/AccountsReceivableGrp/EOYAmt05705
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ARISTOTLE ACADEMY SERVES APPROXIMATELY 130 KINDERGARTEN THROUGH EIGHTH GRADE STUDENTS AS A PUBLIC CHARTER SCHOOL CHARTERED BY THE STATE OF UTAH.
IRS990/AdvertisingGrp/ProgramServicesAmt03209
IRS990/AdvertisingGrp/TotalAmt03209
IRS990/AllOtherContributionsAmt0125
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02487
IRS990/AllOtherExpensesGrp/TotalAmt02487
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0DARREN HENSLEY
IRS990/BooksInCareOfDetail/PhoneNum08017637286
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0704 SOUTH 600 EAST
IRS990/BooksInCareOfDetail/USAddress/CityNm0AMERICAN FORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd084003
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0174994
IRS990/CashNonInterestBearingGrp/EOYAmt0246367
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt073966
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt073966
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0837
IRS990/ConferencesMeetingsGrp/TotalAmt0837
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01006852
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt046654
IRS990/CYOtherExpensesAmt0297327
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt011364
IRS990/CYRevenuesLessExpensesAmt0129347
IRS990/CYSalariesCompEmpBnftPaidAmt0638196
IRS990/CYTotalExpensesAmt0935523
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01064870
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0185958
IRS990/DeferredRevenueGrp/EOYAmt0232600
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01743
IRS990/DepreciationDepletionGrp/ProgramServicesAmt09068
IRS990/DepreciationDepletionGrp/TotalAmt010811
IRS990/Desc0TO OPERATE A PUBLIC CHARTER SCHOOL SERVING STUDENTS FROM KINDERGARTEN THROUGH SIXTH GRADE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt028
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0739257
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt012500
IRS990/FeesForServicesAccountingGrp/TotalAmt012500
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01158
IRS990/FeesForServicesLegalGrp/TotalAmt01158
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt036871
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt010113
IRS990/FeesForServicesOtherGrp/TotalAmt046984
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0ALAN SHINO
IRS990/Form990PartVIISectionAGrp/PersonNm1LINDSY STRAIT
IRS990/Form990PartVIISectionAGrp/PersonNm2WARREN SHENK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt273966
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt046654
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GovernmentGrantsAmt01006727
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt058753
IRS990/GrossReceiptsAmt01076969
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt06696
IRS990/InsuranceGrp/TotalAmt06696
IRS990/InterestGrp/ManagementAndGeneralAmt038
IRS990/InterestGrp/ProgramServicesAmt0197
IRS990/InterestGrp/TotalAmt0235
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022910
IRS990/LegalDomicileStateCd0UT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt012099
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE EXCELLENCE IN THE FUNDAMENTAL ACADEMIC SKILLS OF READING, WRITING, AND MATH AND THE ABILITY TO REASON ABOUT THE WORLD FOR THE PURPOSE OF MAKING GOOD CITIZENS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-47851
IRS990/NetAssetsOrFundBalancesEOYAmt081496
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt046654
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt046654
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt017277
IRS990/OccupancyGrp/ProgramServicesAmt0108259
IRS990/OccupancyGrp/TotalAmt0125536
IRS990/OfficeExpensesGrp/ProgramServicesAmt04812
IRS990/OfficeExpensesGrp/TotalAmt04812
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt017457
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt037930
IRS990/OtherEmployeeBenefitsGrp/TotalAmt055387
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1TEXTBOOKS AND EQUIPMENT
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04674
IRS990/OtherExpensesGrp/ProgramServicesAmt034963
IRS990/OtherExpensesGrp/ProgramServicesAmt126245
IRS990/OtherExpensesGrp/ProgramServicesAmt210866
IRS990/OtherExpensesGrp/ProgramServicesAmt34859
IRS990/OtherExpensesGrp/TotalAmt034963
IRS990/OtherExpensesGrp/TotalAmt126245
IRS990/OtherExpensesGrp/TotalAmt215540
IRS990/OtherExpensesGrp/TotalAmt34859
IRS990/OtherLiabilitiesGrp/BOYAmt083843
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt072750
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0400601
IRS990/OtherSalariesAndWagesGrp/TotalAmt0473351
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt035492
IRS990/PayrollTaxesGrp/TotalAmt035492
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt087055
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt065965
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05764
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06878
IRS990/PrincipalOfficerNm0WARREN SHENK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FOOD SALES
IRS990/ProgramServiceRevenueGrp/Desc1COMMUNITY SERVICES ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT ACTIVITIES AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08160
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11824
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21380
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08160
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11824
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21380
IRS990/ProgSrvcAccomActy2Grp/Desc0TO OPERATE A SCHOOL LUNCH PROGRAM FOR THE BENEFIT OF STUDENTS AND FACULTY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt045456
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt08160
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01030718
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0510070
IRS990/PYProgramServiceRevenueAmt018434
IRS990/PYRevenuesLessExpensesAmt0-36406
IRS990/PYSalariesCompEmpBnftPaidAmt0575488
IRS990/PYTotalExpensesAmt01085558
IRS990/PYTotalRevenueAmt01049152
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0129347
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03204
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0935523
IRS990ScheduleD/RevenueSubtotalAmt01064870
IRS990ScheduleD/TotalExpensesPerForm990Amt0935523
IRS990ScheduleD/TotalRevenuePerForm990Amt01064870
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01064870
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0935523
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
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 SCHOOL RECEIVES STATE AND FEDERAL GRANTS TO OPERATE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN NOVEMBER 2016, THE SCHOOL'S BOARD ANNOUNCED THAT IT WOULD BE CLOSING THE SCHOOL AT THE END OF THE 2016-17 SCHOOL YEAR. THE SCHOOL'S ENROLLMENT HAS BEEN CONSISTENTLY DECLINING OVER THE PAST FEW YEARS AND DID NOT SHOW SIGNS OF IMPROVEMENT. THE SCHOOL HAD TRIED TO MERGE WITH OTHER CHARTER SCHOOLS, BUT THOSE REQUESTS WERE DENIED. AFTER CONSIDERING THE OPTIONS FOR THE SCHOOL, THE BOARD DECIDED IT WOULD BE BEST TO CEASE OPERATIONS AFTER THE 2016-17 SCHOOL YEAR. EFFECTIVE JUNE 30, 2017, THE SCHOOL IS PERMANENTLY CLOSED AND THE SCHOOL IS CURRENTLY RETIRING ITS LIABILITIES WITH REMAINING ASSETS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED IN THE MONTHLY BOARD MEETING ALONG WITH OTHER FINANCIAL REPORTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICTS OF INTEREST ARE MONITORED BY THE BOARD AND PRINCIPAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF KEY EMPLOYEES AND OFFICERS IS PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF KEY EMPLOYEES AND OFFICERS IS PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST JUST AS FORMS 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0290723
IRS990/TotalAssetsEOYAmt0324915
IRS990/TotalAssetsGrp/BOYAmt0290723
IRS990/TotalAssetsGrp/EOYAmt0324915
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01006852
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0150810
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0784713
IRS990/TotalFunctionalExpensesGrp/TotalAmt0935523
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0338574
IRS990/TotalLiabilitiesEOYAmt0243419
IRS990/TotalLiabilitiesGrp/BOYAmt0338574
IRS990/TotalLiabilitiesGrp/EOYAmt0243419
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-47851
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt081496
IRS990/TotalProgramServiceExpensesAmt0784713
IRS990/TotalProgramServiceRevenueAmt011364
IRS990/TotalReportableCompFromOrgAmt073966
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt058018
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01064870
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0290723
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0324915
IRS990/TravelGrp/ProgramServicesAmt0455
IRS990/TravelGrp/TotalAmt0455
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-47851
IRS990/UnrestrictedNetAssetsGrp/EOYAmt081496
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt035004
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0704 SOUTH 600 EAST
IRS990/USAddress/CityNm0AMERICAN FORK
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084003
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.ARISTOTLEACADEMYK8.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DARREN HENSLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BUSINESS ADMINISTRAT
ReturnHeader/BusinessOfficerGrp/PhoneNum08017637286
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-12-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARISTOTLE ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0ARIS
ReturnHeader/Filer/EIN0450848372
ReturnHeader/Filer/PhoneNum08017637286
ReturnHeader/Filer/USAddress/AddressLine1Txt0704 SOUTH 600 EAST
ReturnHeader/Filer/USAddress/CityNm0AMERICAN FORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084003
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId084EF7F0412F8930BF78A9C5F1AF2848E1C3315C2
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId084EF7F0412F8930BF78A9C5F1AF2848E1C3315C2
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/PreparationDt02017-12-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0M PAUL WINWARD CPA
ReturnHeader/ReturnTs02017-12-19T11:14:52-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$324,915
Liabilities
$243,419
Net assets
$81,496
Revenue
$1,064,870
Expenses
$935,523
Net income
$129,347
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.03$0.11$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.32$0.24$0.08$1.06$0.94$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.29$0.34$0.05$1.05$1.09$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.37$0.05$1.42$1.14$0.27
2014Detailed filing. Detailed filing data is available for this year.$0.22$0.44$0.23$1.47$1.40$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.49$0.29$1.62