Civic Intelligence

Scholar Academy

990 • Fiscal year 2023 • EIN 46-3239199

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 17, 2024

Organization ProfileSCHOLARCHARTER.ORG
928 North 100 EastTooele, UT 84074

(435) 566-6957

Siviq Scores

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

Liabilities / Assets

86th percentile

0.77x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

86th percentile

1.66x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

70th percentile

14%

Higher net margin than 70% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

50th percentile

6.0%

Faster asset growth than 50% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

54th percentile

7.4%

Faster revenue growth than 54% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets86th percentile

Assets

Flat

$14,541,991

Flat from 2023

Net Assets

Flat

$3,396,060

Flat from 2023

Liabilities

Flat

$11,145,931

Flat from 2023

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin70th percentile

Revenue

Flat

$6,732,680

Flat from 2023

Expenses

Flat

$5,770,430

Flat from 2023

Net Income

Flat

$962,250

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2014: $347,245Liabilities 2014: $372,031Net Assets 2014: -$24,7862014Assets 2015: $5,493,220Liabilities 2015: $5,645,551Net Assets 2015: -$152,3312015Assets 2016: $5,411,796Liabilities 2016: $5,542,543Net Assets 2016: -$130,7472016Assets 2017: $5,681,867Liabilities 2017: $5,517,414Net Assets 2017: $164,4532017Assets 2018: $13,131,976Liabilities 2018: $12,184,106Net Assets 2018: $947,8702018Assets 2019: $12,975,572Liabilities 2019: $11,885,387Net Assets 2019: $1,090,1852019Assets 2020: $12,939,428Liabilities 2020: $11,650,161Net Assets 2020: $1,289,2672020Assets 2021: $13,228,733Liabilities 2021: $11,528,069Net Assets 2021: $1,700,6642021Assets 2022: $13,719,004Liabilities 2022: $11,285,194Net Assets 2022: $2,433,8102022Assets 2023: $14,541,991Liabilities 2023: $11,145,931Net Assets 2023: $3,396,0602023Assets 2023: $14,541,991Liabilities 2023: $11,145,931Net Assets 2023: $3,396,0602023Assets 2024: $14,920,487Liabilities 2024: $10,915,042Net Assets 2024: $4,005,4452024

Highlighted filing

2023

Assets$14,541,991
Liabilities$11,145,931
Net Assets$3,396,060
Open 2023 Filing

Operations Trend

Revenue Growth54th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $101,619Expenses 2014: $126,405Net Income 2014: -$24,7862014Revenue 2015: $2,819,428Expenses 2015: $2,941,677Net Income 2015: -$122,2492015Revenue 2016: $3,297,573Expenses 2016: $3,275,989Net Income 2016: $21,5842016Revenue 2017: $3,756,569Expenses 2017: $3,461,369Net Income 2017: $295,2002017Revenue 2018: $4,569,038Expenses 2018: $3,785,621Net Income 2018: $783,4172018Revenue 2019: $4,659,953Expenses 2019: $4,517,638Net Income 2019: $142,3152019Revenue 2020: $5,247,257Expenses 2020: $5,048,175Net Income 2020: $199,0822020Revenue 2021: $5,957,332Expenses 2021: $5,422,088Net Income 2021: $535,2442021Revenue 2022: $6,269,689Expenses 2022: $5,536,543Net Income 2022: $733,1462022Revenue 2023: $6,732,680Expenses 2023: $5,770,430Net Income 2023: $962,2502023Revenue 2023: $6,732,680Expenses 2023: $5,770,430Net Income 2023: $962,2502023Revenue 2024: $7,373,580Expenses 2024: $6,764,195Net Income 2024: $609,3852024

Highlighted filing

2023

Revenue$6,732,680
Expenses$5,770,430
Net Income$962,250
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 17, 2024
Return Version
2022v5.0
Gross Receipts
$6,732,680
Mission and Program Overview

Mission

Scholar academy students will enjoy a rich, engaging, and student-centered educational program that is focused on improving and challenging students at all levels.

The education of students grades k-8.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,003,688$9,881,021▼ $122,667
Investments in Publicly Traded Securities$2,329,815$2,901,496▲ $571,681
Cash and Non-Interest-Bearing Accounts$1,144,540$1,600,138▲ $455,598
Pledges and Grants Receivable$239,036$157,436▼ $81,600
Accounts Receivable$1,925$1,900▼ $25
Total Assets$13,719,004$14,541,991▲ $822,987
Liabilities
Tax Exempt Bond Liabilities$10,847,768$10,628,312▼ $219,456
Accounts Payable and Accrued Expenses$365,041$511,765▲ $146,724
Unsecured Notes Loans Payable$72,385$5,854▼ $66,531
Total Liabilities$11,285,194$11,145,931▼ $139,263
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,056,013$2,014,485▲ $958,472
Net Assets With Donor Restrictions$1,377,797$1,381,575▲ $3,778
Total Net Assets Fund Balance$2,433,810$3,396,060▲ $962,250
Total Liabilities and Net Assets / Fund Balance$13,719,004$14,541,991▲ $822,987

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,260,720$1,149,280$9,410,000
Land$1,290,000-$1,290,000
Equipment$179,112$184,429$363,541
Other Land Buildings$110,280-$110,280
Leasehold Improvements$40,909$8,706$49,615
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Jared HamnerBoard Chair
Cami CaizerVice Chair
Dustin LaughlinBoard Member
Johanna LeonelliBoard Member
Dusty GriffithFinancial Coordinator

Highest Paid Contractors

ContractorServicesLocationCompensation
Academica WestConsulting Services290 N FLINT ST, Kaysville, UT 84037$303,462
Revenue and Support

Revenue Composition

Contributions and Grants
$6,493,811
Program Service Revenue
$135,172
Investment Income
$101,077
Other Revenue
$2,620
All Other Contributions
$2,408
Change in Net Assets
$962,250

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,732,680
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,732,680
Total Revenue per Form 990
$6,732,680
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,770,430
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$493,803--$493,803
Fees for Services Other$180,639$275,336-$455,975
Depreciation Depletion$306,931--$306,931
All Other Expenses$271,062$31,273-$302,335
Other Expenses$139,371$1,546-$140,917
Insurance-$17,400-$17,400
Fees for Services Accounting-$13,950-$13,950
Travel$6,555$1,197-$7,752
Advertising$181$21-$202
Total Functional Expenses$5,062,759$707,671$0$5,770,430

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,770,430
Total Expenses per Audited Statements$5,770,430
Total Expenses per Form 990$5,770,430
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 Authority2018-05-15$11,665,858Acquisition of school building and land

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$11,665,858-$940,000$231,845

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
No
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
No
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 is no committee with authority to act on behalf of the governing body.”

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

“The tax return is reviewed by the director and an independent business manager before the return is filed. The board reviews the return at the next board meeting, after the return has been filed.”

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

“Conflicts of interest, if any, are discussed at monthly board meetings.”

Form 990, Part VI, Section B, Line 15A

“Director's salary is determined by the board based on experience and compensation at similarly sized charter schools.”

Form 990, Part VI, Section C, Line 19

“Documents required to be available for public inspection are available, upon request, during the organization's business hours.”

Filing and Contact Details

Filer

Filer Name
Scholar Academy
EIN
46-3239199
Phone
4355666957
Address
928 NORTH 100 EAST, TOOELE, UT 84074

Signing Officer

Name
Jared Hamner
Title
Board President
Phone
4355666957
Signed
2024-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jared Hamner
Formed
2013
Legal Domicile
Ut
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Eide Bailly Llp
Address
5 TRIAD CENTER STE 600, SALT LAKE CITY, UT 84180-1106
Preparer
Kyle Fritch CPA
Phone
8015322200
Supplemental Narrative

Additional Explanations

FORM 990, PART V, LINE 2A:

“All payroll and payroll related expenses are paid by helpside inc. (ein 84-1374112). As such, helpside inc. Submits payroll tax filings under their employer tax identification number for all withholding and payroll activity.”

Form 990, Part IX, Line 24E

“Utilities: program service expenses 64,147. Management and general expenses 8,897. Fundraising expenses 0. Total expenses 73,044. Technology hardware and software: program service expenses 56,069. Management and general expenses 10,552. Fundraising expenses 0. Total expenses 66,621. Field trips: program service expenses 39,004. Management and general expenses 4,256. Fundraising expenses 0. Total expenses 43,260. Professional development: program service expenses 40,274. Management and general expenses 1,620. Fundraising expenses 0. Total expenses 41,894. Printed and published materials: program service expenses 37,384. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,384. Cleaning & maintenance: program service expenses 20,017. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,017. Dues and fees: program service expenses 6,296. Management and general expenses 5,948. Fundraising expenses 0. Total expenses 12,244. Online curriculum: program service expenses 7,871. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,871.”

Form 990, Part XII, Line 2C

“The board of directors votes on an audit committee. Committee members are reviewed annually and modified as needed.”

Raw XML AppendixShowing 400 of 452 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0365041
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0511765
IRS990/AccountsReceivableGrp/BOYAmt01925
IRS990/AccountsReceivableGrp/EOYAmt01900
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE EDUCATION OF STUDENTS GRADES K-8.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt021
IRS990/AdvertisingGrp/ProgramServicesAmt0181
IRS990/AdvertisingGrp/TotalAmt0202
IRS990/AllOtherContributionsAmt02408
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt031273
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0271062
IRS990/AllOtherExpensesGrp/TotalAmt0302335
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRAD TAYLOR
IRS990/BooksInCareOfDetail/PhoneNum08014449378
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0290 N FLINT STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0KAYSVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd084037
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01144540
IRS990/CashNonInterestBearingGrp/EOYAmt01600138
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0303462
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0290 N FLINT ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0KAYSVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0UT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd084037
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0ACADEMICA WEST
IRS990/ContractorCompensationGrp/ServicesDesc0CONSULTING SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt06493811
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0101077
IRS990/CYOtherExpensesAmt05770430
IRS990/CYOtherRevenueAmt02620
IRS990/CYProgramServiceRevenueAmt0135172
IRS990/CYRevenuesLessExpensesAmt0962250
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt05770430
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06732680
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0306931
IRS990/DepreciationDepletionGrp/TotalAmt0306931
IRS990/Desc0SCHOLAR ACADEMY WILL BUILD UPON A FOUNDATION OF ACADEMIC EXCELLENCE USING CREATIVE PROBLEM SOLVING, COOPERATIVE LEARNING, EXPERIENTIAL LEARNING, AND REFLECTION THROUGHOUT ACADEMIC DISCIPLINES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01377797
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01381575
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt05062759
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013950
IRS990/FeesForServicesAccountingGrp/TotalAmt013950
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0275336
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0180639
IRS990/FeesForServicesOtherGrp/TotalAmt0455975
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0JARED HAMNER
IRS990/Form990PartVIISectionAGrp/PersonNm1CAMI CAIZER
IRS990/Form990PartVIISectionAGrp/PersonNm2DUSTY GRIFFITH
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHANNA LEONELLI
IRS990/Form990PartVIISectionAGrp/PersonNm4DUSTIN LAUGHLIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2FINANCIAL COORDINATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt06491403
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06732680
IRS990/GrossRentsGrp/RealAmt02620
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt017400
IRS990/InsuranceGrp/TotalAmt017400
IRS990/InterestGrp/ProgramServicesAmt0493803
IRS990/InterestGrp/TotalAmt0493803
IRS990/InvestmentIncomeGrp/ExclusionAmt0101077
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0101077
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02329815
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02901496
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01342415
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010003688
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09881021
IRS990/LandBldgEquipCostOrOtherBssAmt011223436
IRS990/LegalDomicileStateCd0UT
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SCHOLAR ACADEMY STUDENTS WILL ENJOY A RICH, ENGAGING, AND STUDENT-CENTERED EDUCATIONAL PROGRAM THAT IS FOCUSED ON IMPROVING AND CHALLENGING STUDENTS AT ALL LEVELS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02433810
IRS990/NetAssetsOrFundBalancesEOYAmt03396060
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt02620
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02620
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01056013
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02014485
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LEASED EMPLOYEE WAGES
IRS990/OtherExpensesGrp/Desc1LEASED EMPLOYEE BENEFIT
IRS990/OtherExpensesGrp/Desc2SCHOOL BREAKFAST & LUNC
IRS990/OtherExpensesGrp/Desc3SCHOOL SUPPLIES AND MAT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0288979
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt177969
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21546
IRS990/OtherExpensesGrp/ProgramServicesAmt02740693
IRS990/OtherExpensesGrp/ProgramServicesAmt1731810
IRS990/OtherExpensesGrp/ProgramServicesAmt2191714
IRS990/OtherExpensesGrp/ProgramServicesAmt3139371
IRS990/OtherExpensesGrp/TotalAmt03029672
IRS990/OtherExpensesGrp/TotalAmt1809779
IRS990/OtherExpensesGrp/TotalAmt2191714
IRS990/OtherExpensesGrp/TotalAmt3140917
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0239036
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0157436
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JARED HAMNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0135172
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0135172
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06215537
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt010046
IRS990/PYOtherExpensesAmt05536543
IRS990/PYOtherRevenueAmt01225
IRS990/PYProgramServiceRevenueAmt042881
IRS990/PYRevenuesLessExpensesAmt0733146
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt05536543
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06269689
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0962250
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt02620
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0135172
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt08260720
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01149280
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09410000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0179112
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0184429
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0363541
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05770430
IRS990ScheduleD/LandGrp/BookValueAmt01290000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01290000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt040909
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08706
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt049615
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0110280
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0110280
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06732680
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09881021
IRS990ScheduleD/TotalExpensesPerForm990Amt05770430
IRS990ScheduleD/TotalRevenuePerForm990Amt06732680
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06732680
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05770430
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A STATE FUNDED CHARTER SCHOOL AND THUS FOLLOWS ALL FEDERAL AND STATE NONDISCRIMINATION POLICIES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS STATE FUNDED AND DOES NOT SOLICIT DONATIONS OR CONTRIBUTIONS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RECEIVES STATE AND FEDERAL FUNDING TO OPERATE THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE 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/VariableRateIssueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02018-05-15
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0261275269
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum091754TVR1
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt011665858
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0UTAH CHARTER SCHOOL FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0ACQUISITION OF SCHOOL BUILDING AND LAND
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/CapitalExpendituresAmt010700000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0734013
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0231845
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt0940000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02018
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt011665858
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL PAYROLL AND PAYROLL RELATED EXPENSES ARE PAID BY HELPSIDE INC. (EIN 84-1374112). AS SUCH, HELPSIDE INC. SUBMITS PAYROLL TAX FILINGS UNDER THEIR EMPLOYER TAX IDENTIFICATION NUMBER FOR ALL WITHHOLDING AND PAYROLL ACTIVITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TAX RETURN IS REVIEWED BY THE DIRECTOR AND AN INDEPENDENT BUSINESS MANAGER BEFORE THE RETURN IS FILED. THE BOARD REVIEWS THE RETURN AT THE NEXT BOARD MEETING, AFTER THE RETURN HAS BEEN FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICTS OF INTEREST, IF ANY, ARE DISCUSSED AT MONTHLY BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DIRECTOR'S SALARY IS DETERMINED BY THE BOARD BASED ON EXPERIENCE AND COMPENSATION AT SIMILARLY SIZED CHARTER SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS REQUIRED TO BE AVAILABLE FOR PUBLIC INSPECTION ARE AVAILABLE, UPON REQUEST, DURING THE ORGANIZATION'S BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UTILITIES: PROGRAM SERVICE EXPENSES 64,147. MANAGEMENT AND GENERAL EXPENSES 8,897. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,044. TECHNOLOGY HARDWARE AND SOFTWARE: PROGRAM SERVICE EXPENSES 56,069. MANAGEMENT AND GENERAL EXPENSES 10,552. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 66,621. FIELD TRIPS: PROGRAM SERVICE EXPENSES 39,004. MANAGEMENT AND GENERAL EXPENSES 4,256. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,260. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 40,274. MANAGEMENT AND GENERAL EXPENSES 1,620. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,894. PRINTED AND PUBLISHED MATERIALS: PROGRAM SERVICE EXPENSES 37,384. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,384. CLEANING & MAINTENANCE: PROGRAM SERVICE EXPENSES 20,017. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,017. DUES AND FEES: PROGRAM SERVICE EXPENSES 6,296. MANAGEMENT AND GENERAL EXPENSES 5,948. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,244. ONLINE CURRICULUM: PROGRAM SERVICE EXPENSES 7,871. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,871.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF DIRECTORS VOTES ON AN AUDIT COMMITTEE. COMMITTEE MEMBERS ARE REVIEWED ANNUALLY AND MODIFIED AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 2A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0UT
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt010847768
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt010628312
IRS990/TaxExemptBondsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt013719004
IRS990/TotalAssetsEOYAmt014541991
IRS990/TotalAssetsGrp/BOYAmt013719004
IRS990/TotalAssetsGrp/EOYAmt014541991
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt06493811
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0707671
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05062759
IRS990/TotalFunctionalExpensesGrp/TotalAmt05770430
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011285194
IRS990/TotalLiabilitiesEOYAmt011145931
IRS990/TotalLiabilitiesGrp/BOYAmt011285194
IRS990/TotalLiabilitiesGrp/EOYAmt011145931
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02433810
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03396060
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt05062759
IRS990/TotalProgramServiceRevenueAmt0135172
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0103697
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0135172
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06732680
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013719004
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014541991

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,541,991
Liabilities
$11,145,931
Net assets
$3,396,060
Revenue
$6,732,680
Expenses
$5,770,430
Net income
$962,250
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.9$10.9$4.01$7.37$6.76$0.61
2023Detailed filing. Detailed filing data is available for this year.$14.5$11.1$3.40$6.73$5.77$0.96
2023Summary only. Only limited summary data is available for this year.$14.5$11.1$3.40$6.73$5.77$0.96
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$11.3$2.43$6.27$5.54$0.73
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$11.5$1.70$5.96$5.42$0.54
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$11.7$1.29$5.25$5.05$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.0$11.9$1.09$4.66$4.52$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.1$12.2$0.95$4.57$3.79$0.78
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.68$5.52$0.16$3.76$3.46$0.30
2016Summary only. Only limited summary data is available for this year.$5.41$5.54$0.13$3.30$3.28$0.02
2015Summary only. Only limited summary data is available for this year.$5.49$5.65$0.15$2.82$2.94$0.12
2014Summary only. Only limited summary data is available for this year.$0.35$0.37$0.02$0.10$0.13$0.02