Civic Intelligence

Terra Academy Inc.

990 • Fiscal year 2023 • EIN 46-5495139

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 03, 2024

Organization ProfileTHETERRAACADEMY.ORG
267 Aggie BlvdVernal, UT 84078

(435) 789-1000

Siviq Scores

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

Liabilities / Assets

88th percentile

0.81x

Higher debt load relative to assets than 88% of similar nonprofits.

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

Liabilities / Revenue

88th percentile

1.91x

Higher debt load relative to revenue than 88% of similar nonprofits.

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

Net Margin

60th percentile

8.2%

Higher net margin than 60% of similar nonprofits.

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

Top Officer Pay

31st percentile

$129,911

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

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

Asset Growth

45th percentile

4.6%

Faster asset growth than 45% of similar nonprofits.

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

Revenue Growth

40th percentile

0.8%

Faster revenue growth than 40% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets88th percentile

Assets

Flat

$15,689,377

Flat from 2023

Net Assets

Flat

$2,967,354

Flat from 2023

Liabilities

Flat

$12,722,023

Flat from 2023

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin60th percentile

Revenue

Flat

$6,651,354

Flat from 2023

Expenses

Flat

$6,108,906

Flat from 2023

Net Income

Flat

$542,448

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$20M$15M$10M$5.0M$0Assets 2015: $150,910Liabilities 2015: $3,649Net Assets 2015: $147,2612015Assets 2016: $11,239,422Liabilities 2016: $11,222,773Net Assets 2016: $16,6492016Assets 2017: $11,237,614Liabilities 2017: $10,706,531Net Assets 2017: $531,0832017Assets 2018: $11,551,843Liabilities 2018: $10,429,016Net Assets 2018: $1,122,8272018Assets 2019: $11,665,028Liabilities 2019: $10,148,617Net Assets 2019: $1,516,4112019Assets 2020: $11,764,464Liabilities 2020: $9,958,072Net Assets 2020: $1,806,3922020Assets 2021: $13,899,917Liabilities 2021: $11,658,456Net Assets 2021: $2,241,4612021Assets 2022: $15,000,177Liabilities 2022: $12,575,271Net Assets 2022: $2,424,9062022Assets 2023: $15,689,377Liabilities 2023: $12,722,023Net Assets 2023: $2,967,3542023Assets 2023: $15,689,377Liabilities 2023: $12,722,023Net Assets 2023: $2,967,3542023Assets 2025: $15,769,212Liabilities 2025: $12,078,600Net Assets 2025: $3,690,6122025

Highlighted filing

2023

Assets$15,689,377
Liabilities$12,722,023
Net Assets$2,967,354
Open 2023 Filing

Operations Trend

Revenue Growth40th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $403,619Expenses 2015: $256,358Net Income 2015: $147,2612015Revenue 2016: $4,377,356Expenses 2016: $4,382,639Net Income 2016: -$5,2832016Revenue 2017: $5,021,809Expenses 2017: $4,507,374Net Income 2017: $514,4352017Revenue 2018: $4,810,561Expenses 2018: $4,218,817Net Income 2018: $591,7442018Revenue 2019: $5,168,053Expenses 2019: $4,774,469Net Income 2019: $393,5842019Revenue 2020: $5,336,850Expenses 2020: $5,046,867Net Income 2020: $289,9832020Revenue 2021: $6,002,413Expenses 2021: $5,567,344Net Income 2021: $435,0692021Revenue 2022: $6,596,587Expenses 2022: $6,278,893Net Income 2022: $317,6942022Revenue 2023: $6,651,354Expenses 2023: $6,108,906Net Income 2023: $542,4482023Revenue 2023: $6,651,354Expenses 2023: $6,108,906Net Income 2023: $542,4482023Revenue 2025: $7,578,885Expenses 2025: $7,322,789Net Income 2025: $256,0962025

Highlighted filing

2023

Revenue$6,651,354
Expenses$6,108,906
Net Income$542,448
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 3, 2024
Return Version
2022v5.0
Gross Receipts
$6,651,354
Mission and Program Overview

Mission

Terra academy focuses on each student as a "unique" whole person in a global society by providing individualized instruction in a community learning model through educational experiences including a broad range of curricular options and project-based learning opportunities that nourish individual talents, skills, and desires.

Terra academy focuses on each student by providing individualized instruction.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,573,227$12,397,452▼ $175,775
Cash and Non-Interest-Bearing Accounts$1,413,845$1,709,161▲ $295,316
Investments in Publicly Traded Securities$674,325$1,466,658▲ $792,333
Pledges and Grants Receivable$335,184$111,346▼ $223,838
Prepaid Expenses and Deferred Charges$2,340$3,974▲ $1,634
Accounts Receivable$1,256$786▼ $470
Total Assets$15,000,177$15,689,377▲ $689,200
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,094,465$11,743,280▼ $351,185
Deferred Revenue-$497,517-
Accounts Payable and Accrued Expenses$480,806$460,273▼ $20,533
Other Liabilities$0$20,953▲ $20,953
Total Liabilities$12,575,271$12,722,023▲ $146,752
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,847,490$2,335,774▲ $488,284
Net Assets With Donor Restrictions$577,416$631,580▲ $54,164
Total Net Assets Fund Balance$2,424,906$2,967,354▲ $542,448
Total Liabilities and Net Assets / Fund Balance$15,000,177$15,689,377▲ $689,200

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,274,107$2,048,014$13,322,121
Land$750,000-$750,000
Equipment$330,382$371,610$701,992
Leasehold Improvements$22,473$42,612$65,085
Other Land Buildings$20,490$9,015$29,505
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William ZennerDirectorFT$103,897$26,014$129,911

Board Members and Trustees

NameTitle
Rachelle DurrantBoard Chair
Wes PorterBoard Vice Chair
David AldrichBoard Member
Kaydee MasseyBoard Member
Jim LamouthTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Onward TechnologyTech Services12608 S 125 W STE C, Draper, UT 84020$101,244
Revenue and Support

Revenue Composition

Contributions and Grants
$6,464,198
Program Service Revenue
$131,601
Investment Income
$55,555
Other Revenue
$0
All Other Contributions
$30,037
Change in Net Assets
$542,448

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,651,354
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,651,354
Total Revenue per Form 990
$6,651,354
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,323,106
Other Expenses$1,785,800
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,249,220--$3,249,220
Depreciation Depletion$532,435--$532,435
Other Employee Benefits$481,527--$481,527
Interest$292,701--$292,701
Payroll Taxes$239,693--$239,693
Pension Plan Contributions$215,086--$215,086
Current Officers, Directors, Trustees, and Key Employees$137,580--$137,580
Occupancy$121,504--$121,504
Information Technology$93,764--$93,764
Fees for Services Other$43,346--$43,346
Insurance$23,697$18,158-$41,855
Travel$36,385--$36,385
Fees for Services Accounting-$20,900-$20,900
Fees for Services Management-$16,000-$16,000
Other Expenses$10,055--$10,055
All Other Expenses$3,871--$3,871
Office Expenses$2,465--$2,465
Fees for Services Legal-$75-$75
Advertising$49--$49
Total Functional Expenses$6,053,773$55,133$0$6,108,906

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,108,906
Total Expenses per Audited Statements$6,108,906
Total Expenses per Form 990$6,108,906
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

Other Reported Liabilities

LiabilityAmount
Lease Liability$20,953
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 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 are no committees with authority to act on behalf of the board.”

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

“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. This process is monitored by the director and the board.”

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

“The director's compensation is determined using approved pay scales that are reviewed annually by the board.”

Form 990, Part VI, Section C, Line 19

“All public documents are made available upon request”

Filing and Contact Details

Filer

Filer Name
Terra Academy
EIN
46-5495139
Phone
4357891000
Address
267 AGGIE BLVD, VERNAL, UT 84078

Signing Officer

Name
Rachelle Durrant
Title
Board Chair
Phone
4357891000
Signed
2024-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dean Wilson
Formed
2012
Legal Domicile
Ut
Voting Board Members
5
Independent Board Members
5
Employees
135
Volunteers
188

Preparer

Firm
Eide Bailly Llp
Address
5 TRIAD CENTER STE 600, SALT LAKE CITY, UT 84180-1106
Preparer
Kyle Fritch CPA
Phone
8015322200
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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/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES AND ACTIV
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0131601
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0131601
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06572868
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04386
IRS990/PYOtherExpensesAmt01984652
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt019333
IRS990/PYRevenuesLessExpensesAmt0317694
IRS990/PYSalariesCompEmpBnftPaidAmt04294241
IRS990/PYTotalExpensesAmt06278893
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06596587
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0542448
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0131601
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt011274107
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02048014
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013322121
IRS990ScheduleD/EquipmentGrp/BookValueAmt0330382
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0371610
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0701992
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06108906
IRS990ScheduleD/LandGrp/BookValueAmt0750000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0750000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt022473
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt042612
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt065085
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt020490
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09015
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt029505
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020953
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06651354
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012397452
IRS990ScheduleD/TotalExpensesPerForm990Amt06108906
IRS990ScheduleD/TotalLiabilityAmt020953
IRS990ScheduleD/TotalRevenuePerForm990Amt06651354
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06651354
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06108906
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/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD.
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. THIS PROCESS IS MONITORED BY THE DIRECTOR AND THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DIRECTOR'S COMPENSATION IS DETERMINED USING APPROVED PAY SCALES THAT ARE REVIEWED ANNUALLY BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL PUBLIC DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0UT
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt015000177
IRS990/TotalAssetsEOYAmt015689377
IRS990/TotalAssetsGrp/BOYAmt015000177
IRS990/TotalAssetsGrp/EOYAmt015689377
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt06464198
IRS990/TotalEmployeeCnt0135
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt055133
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06053773
IRS990/TotalFunctionalExpensesGrp/TotalAmt06108906
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012575271
IRS990/TotalLiabilitiesEOYAmt012722023
IRS990/TotalLiabilitiesGrp/BOYAmt012575271
IRS990/TotalLiabilitiesGrp/EOYAmt012722023
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02424906
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02967354
IRS990/TotalOtherCompensationAmt026014
IRS990/TotalProgramServiceExpensesAmt06053773
IRS990/TotalProgramServiceRevenueAmt0131601
IRS990/TotalReportableCompFromOrgAmt0103897
IRS990/TotalRevenueGrp/ExclusionAmt055555
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0131601
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06651354
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0188
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt015000177
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt015689377
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt036385
IRS990/TravelGrp/TotalAmt036385
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0267 AGGIE BLVD
IRS990/USAddress/CityNm0VERNAL
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084078
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0THETERRAACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RACHELLE DURRANT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum04357891000
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TERRA ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0TERR
ReturnHeader/Filer/EIN0465495139
ReturnHeader/Filer/PhoneNum04357891000
ReturnHeader/Filer/USAddress/AddressLine1Txt0267 AGGIE BLVD
ReturnHeader/Filer/USAddress/CityNm0VERNAL

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$15,689,377
Liabilities
$12,722,023
Net assets
$2,967,354
Revenue
$6,651,354
Expenses
$6,108,906
Net income
$542,448
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$12.1$3.69$7.58$7.32$0.26
2023Detailed filing. Detailed filing data is available for this year.$15.7$12.7$2.97$6.65$6.11$0.54
2023Summary only. Only limited summary data is available for this year.$15.7$12.7$2.97$6.65$6.11$0.54
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$12.6$2.42$6.60$6.28$0.32
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$11.7$2.24$6.00$5.57$0.44
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$9.96$1.81$5.34$5.05$0.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$10.1$1.52$5.17$4.77$0.39
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$10.4$1.12$4.81$4.22$0.59
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.2$10.7$0.53$5.02$4.51$0.51
2016Detailed filing. Detailed filing data is available for this year.$11.2$11.2$0.02$4.38$4.38$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.40$0.26$0.15