Civic Intelligence

Utah Military Academy

990 • Fiscal year 2015 • EIN 46-5071480

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 15, 2016

5120 S 1050 WRiverdale, UT 84405

(801) 689-3013

Siviq Scores

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

Liabilities / Assets

95th percentile

1.27x

Higher debt load relative to assets than 95% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

61st percentile

0.19x

Higher debt load relative to revenue than 61% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

44th percentile

1.1%

Higher net margin than 44% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

69th percentile

$99,199

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$341,701

No earlier filing loaded for comparison.

Net Assets

-$93,818

No earlier filing loaded for comparison.

Liabilities

$435,519

No earlier filing loaded for comparison.

Revenue

$2,314,094

No earlier filing loaded for comparison.

Expenses

$2,289,405

No earlier filing loaded for comparison.

Net Income

$24,689

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2015: $341,701Liabilities 2015: $435,519Net Assets 2015: -$93,8182015Assets 2016: $513,961Liabilities 2016: $415,585Net Assets 2016: $98,3762016Assets 2017: $497,240Liabilities 2017: $425,456Net Assets 2017: $71,7842017Assets 2018: $967,028Liabilities 2018: $482,526Net Assets 2018: $484,5022018Assets 2019: $1,409,719Liabilities 2019: $534,617Net Assets 2019: $875,1022019Assets 2020: $25,290,492Liabilities 2020: $23,911,004Net Assets 2020: $1,379,4882020Assets 2021: $25,456,050Liabilities 2021: $24,692,298Net Assets 2021: $763,7522021Assets 2022: $24,344,819Liabilities 2022: $23,826,085Net Assets 2022: $518,7342022Assets 2023: $23,946,197Liabilities 2023: $24,203,660Net Assets 2023: -$257,4632023Assets 2024: $25,128,798Liabilities 2024: $25,630,611Net Assets 2024: -$501,8132024Assets 2025: $23,717,043Liabilities 2025: $25,106,493Net Assets 2025: -$1,389,4502025

Highlighted filing

2015

Assets$341,701
Liabilities$435,519
Net Assets-$93,818

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2015: $2,314,094Expenses 2015: $2,289,405Net Income 2015: $24,6892015Revenue 2016: $3,518,341Expenses 2016: $3,326,147Net Income 2016: $192,1942016Revenue 2017: $4,034,125Expenses 2017: $4,060,717Net Income 2017: -$26,5922017Revenue 2018: $7,170,325Expenses 2018: $6,757,607Net Income 2018: $412,7182018Revenue 2019: $9,329,573Expenses 2019: $8,938,973Net Income 2019: $390,6002019Revenue 2020: $10,210,210Expenses 2020: $9,705,822Net Income 2020: $504,3882020Revenue 2021: $11,991,567Expenses 2021: $11,801,195Net Income 2021: $190,3722021Revenue 2022: $12,220,357Expenses 2022: $12,465,375Net Income 2022: -$245,0182022Revenue 2023: $12,360,407Expenses 2023: $13,136,604Net Income 2023: -$776,1972023Revenue 2024: $14,836,304Expenses 2024: $15,080,654Net Income 2024: -$244,3502024Revenue 2025: $14,410,176Expenses 2025: $15,297,813Net Income 2025: -$887,6372025

Highlighted filing

2015

Revenue$2,314,094
Expenses$2,289,405
Net Income$24,689
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 15, 2016
Return Version
2014v6.0
Gross Receipts
$2,314,094
Mission and Program Overview

Mission

None

The utah military academy will prepare cadets as leaders to thrive in any competitive environment upon graduation with a focus on entrance into the military academies, rotc scholarship programs in colleges and universities or other technically challenging opportunities related to the military culture. All of which result in maximizing their potential throughout life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$181,543$313,743▲ $132,200
Pledges and Grants Receivable-$17,958-
Prepaid Expenses and Deferred Charges-$10,000-
Total Assets$181,543$341,701▲ $160,158
Liabilities
Mortgage Notes Payable Secured by Investment Property$300,050$303,518▲ $3,468
Accounts Payable and Accrued Expenses-$132,001-
Total Liabilities$300,050$435,519▲ $135,469
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$30,313-
Unrestricted Net Assets$-118,507$-124,131▼ $5,624
Total Net Assets Fund Balance$-118,507$-93,818▲ $24,689
Total Liabilities and Net Assets / Fund Balance$181,543$341,701▲ $160,158
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew ThrockmortonExecutive DirectorFT$90,000$9,199$99,199

Board Members and Trustees

NameTitle
John C WilliamsChairman
Curt OdaVice Chairman
Darren BeckBoard Member
Sherrain ReberBoard Member
Mike MccauleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,190,261
Program Service Revenue
$123,025
Investment Income
$8
Other Revenue
$800
All Other Contributions
$41,530
Change in Net Assets
$24,689

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,314,094
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,314,094
Total Revenue per Form 990
$2,314,094
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,304,113
Other Expenses$985,292
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,004,786$20,167-$1,024,953
Occupancy$201,809--$201,809
Fees for Services Other$113,420$6-$113,426
Current Officers, Directors, Trustees, and Key Employees$99,199--$99,199
Payroll Taxes$83,434$1,543-$84,977
Other Employee Benefits$83,034$1,726-$84,760
Fees for Services Management$68,150--$68,150
Information Technology$36,435--$36,435
Advertising$28,976$3,376-$32,352
Travel$25,693$365-$26,058
All Other Expenses$18,426$501-$18,927
Pension Plan Contributions$10,170$54-$10,224
Other Expenses$10,140$2,344-$10,140
Insurance$6,243--$6,243
Fees for Services Accounting$4,013--$4,013
Interest$3,518--$3,518
Office Expenses$1,639--$1,639
Total Functional Expenses$2,259,323$30,082$0$2,289,405

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,289,405
Total Expenses per Audited Statements$2,289,405
Total Expenses per Form 990$2,289,405
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

Charter solutions provides management services for the charter school

Form 990, Part VI, Section B, Line 11

The tax return is reviewed by the director before the return is filed. After the return has been filed, the board reviews the return at the next board meeting.

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

Each year, all staff members receive a copy of the conflict of interest policy, and fill out a conflict of interest disclosure form.

Form 990, Part VI, Section C, Line 19

All public documents are made available upon request

Filing and Contact Details

Filer

Filer Name
Utah Military Academy
EIN
46-5071480
Phone
8016893013
Address
5120 S 1050 W, RIVERDALE, UT 84405

Signing Officer

Name
John C Williams
Title
Chairman of the Board
Phone
8016893013
Signed
2016-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John C Williams
Formed
2013
Legal Domicile
Ut
Voting Board Members
5
Independent Board Members
5
Employees
43
Volunteers
100

Preparer

Firm
Eide Bailly Llp
Address
5929 S FASHION POINTE DR STE 300, OGDEN, UT 84403
Preparer
Eric C Johnson CPA
Phone
8016211575
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The school 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)(vi) and (viii), and has been determined not to be private foundations under sections 509(a)(1) and (3), respectively. The school is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, the school is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. The school 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 school 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 school 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 Appendix373 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/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL 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)(VI) AND (VIII), AND HAS BEEN DETERMINED NOT TO BE PRIVATE FOUNDATIONS UNDER SECTIONS 509(A)(1) AND (3), RESPECTIVELY. THE SCHOOL IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE SCHOOL IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE SCHOOL 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 SCHOOL 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 SCHOOL 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/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt02289405
IRS990ScheduleD/TotalRevenuePerForm990Amt02314094
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02314094
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02289405
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXCUSED FROM FORMAL COMPLIANCE WITH REV PROC 75-50 AS LONG AS THE SCHOOL'S CHARTER AGREEMENT WITH THE STATE OF UTAH REMAINS IN EFFECT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES FUNDING FROM THE STATE OF UTAH AS ADMINISTERED BY THE UTAH STATE OFFICE OF EDUCATION BASED ON THE NUMBER OF STUDENTS ENROLLED IN ITS SCHOOL. THE SCHOOL HAS RECEIVED FEDERAL CHARTER SCHOOL GRANTS WHICH ARE PAID THROUGH THE UTAH STATE OFFICE OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHARTER SOLUTIONS PROVIDES MANAGEMENT SERVICES FOR THE CHARTER SCHOOL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TAX RETURN IS REVIEWED BY THE DIRECTOR BEFORE THE RETURN IS FILED. AFTER THE RETURN HAS BEEN FILED, THE BOARD REVIEWS THE RETURN AT THE NEXT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH YEAR, ALL STAFF MEMBERS RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY, AND FILL OUT A CONFLICT OF INTEREST DISCLOSURE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL PUBLIC DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0UT
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt030313
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0181543
IRS990/TotalAssetsEOYAmt0341701
IRS990/TotalAssetsGrp/BOYAmt0181543
IRS990/TotalAssetsGrp/EOYAmt0341701
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02190261
IRS990/TotalEmployeeCnt043
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030082
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02259323
IRS990/TotalFunctionalExpensesGrp/TotalAmt02289405
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0300050
IRS990/TotalLiabilitiesEOYAmt0435519
IRS990/TotalLiabilitiesGrp/BOYAmt0300050
IRS990/TotalLiabilitiesGrp/EOYAmt0435519
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-118507
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-93818
IRS990/TotalOtherCompensationAmt09199
IRS990/TotalProgramServiceExpensesAmt02259323
IRS990/TotalProgramServiceRevenueAmt0123025
IRS990/TotalReportableCompFromOrgAmt090000
IRS990/TotalRevenueGrp/ExclusionAmt0808
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0123025
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02314094
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0181543
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0341701
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0365
IRS990/TravelGrp/ProgramServicesAmt025693
IRS990/TravelGrp/TotalAmt026058
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-118507
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-124131
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05120 S 1050 W
IRS990/USAddress/CityNm0RIVERDALE
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084405
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.UTAHMILITARYACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN C WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN OF THE BOARD
ReturnHeader/BusinessOfficerGrp/PhoneNum08016893013
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UTAH MILITARY ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0UTAH
ReturnHeader/Filer/EIN0465071480
ReturnHeader/Filer/PhoneNum08016893013
ReturnHeader/Filer/USAddress/AddressLine1Txt05120 S 1050 W
ReturnHeader/Filer/USAddress/CityNm0RIVERDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084405
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EIDE BAILLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05929 S FASHION POINTE DR STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OGDEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084403
ReturnHeader/PreparerPersonGrp/PhoneNum08016211575
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIC C JOHNSON CPA
ReturnHeader/ReturnTs02016-01-26T15:00:16-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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