Civic Intelligence

Ronald Wilson Reagan Academy

990 • Fiscal year 2017 • EIN 56-2533763

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 10, 2017

Organization ProfileWWW.REAGANACADEMY.ORG

View Organization Page

1143 West CenterSpringville, UT 84663

(801) 489-7828

Siviq Scores

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

Liabilities / Assets

94th percentile

1.06x

Higher debt load relative to assets than 94% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

2.72x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

53rd percentile

3.7%

Higher net margin than 53% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

40th percentile

$146,919

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

85th percentile

22%

Faster asset growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

49th percentile

4.5%

Faster revenue growth than 49% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$12,484,539

Up $2,249,482 (+22%) from 2016

Net Assets

Down

-$784,709

Down $873,706 (-982%) from 2016

Liabilities

Up

$13,269,248

Up $3,123,188 (+31%) from 2016

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin53rd percentile

Revenue

Up

$4,881,698

Up $210,728 (+4.5%) from 2016

Expenses

Down

$4,702,700

Down $18,901 (-0.4%) from 2016

Net Income

Up

$178,998

Up $229,629 (+454%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $11,473,337Liabilities 2011: $11,061,232Net Assets 2011: $412,1052011Assets 2012: $11,164,390Liabilities 2012: $10,855,541Net Assets 2012: $308,8492012Assets 2013: $10,896,911Liabilities 2013: $10,677,568Net Assets 2013: $219,3432013Assets 2014: $10,710,556Liabilities 2014: $10,523,597Net Assets 2014: $186,9592014Assets 2015: $10,522,321Liabilities 2015: $10,382,693Net Assets 2015: $139,6282015Assets 2016: $10,235,057Liabilities 2016: $10,146,060Net Assets 2016: $88,9972016Assets 2017: $12,484,539Liabilities 2017: $13,269,248Net Assets 2017: -$784,7092017Assets 2018: $12,237,908Liabilities 2018: $12,943,834Net Assets 2018: -$705,9262018Assets 2019: $12,077,309Liabilities 2019: $12,663,949Net Assets 2019: -$586,6402019Assets 2020: $12,088,851Liabilities 2020: $12,504,961Net Assets 2020: -$416,1102020Assets 2021: $11,695,937Liabilities 2021: $12,274,581Net Assets 2021: -$578,6442021Assets 2022: $11,742,145Liabilities 2022: $11,994,395Net Assets 2022: -$252,2502022Assets 2023: $12,175,273Liabilities 2023: $11,697,694Net Assets 2023: $477,5792023Assets 2024: $12,307,348Liabilities 2024: $11,505,675Net Assets 2024: $801,6732024Assets 2025: $12,178,967Liabilities 2025: $11,103,342Net Assets 2025: $1,075,6252025

Highlighted filing

2017

Assets$12,484,539
Liabilities$13,269,248
Net Assets-$784,709
Open 2017 Filing

Operations Trend

Revenue Growth49th percentile

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

$10M$5.0M$0-$5.0MExpenses 2011: $4,380,1772011Expenses 2012: $4,536,5862012Expenses 2013: $4,436,6932013Revenue 2014: $4,466,302Expenses 2014: $4,498,686Net Income 2014: -$32,3842014Revenue 2015: $4,434,574Expenses 2015: $4,481,905Net Income 2015: -$47,3312015Revenue 2016: $4,670,970Expenses 2016: $4,721,601Net Income 2016: -$50,6312016Revenue 2017: $4,881,698Expenses 2017: $4,702,700Net Income 2017: $178,9982017Revenue 2018: $5,192,210Expenses 2018: $5,113,427Net Income 2018: $78,7832018Revenue 2019: $5,381,634Expenses 2019: $5,262,348Net Income 2019: $119,2862019Revenue 2020: $5,597,792Expenses 2020: $5,427,262Net Income 2020: $170,5302020Revenue 2021: $5,928,477Expenses 2021: $5,748,497Net Income 2021: $179,9802021Revenue 2022: $6,492,528Expenses 2022: $6,166,134Net Income 2022: $326,3942022Revenue 2023: $7,381,641Expenses 2023: $6,651,812Net Income 2023: $729,8292023Revenue 2024: $7,696,825Expenses 2024: $7,372,731Net Income 2024: $324,0942024Revenue 2025: $8,057,237Expenses 2025: $7,783,285Net Income 2025: $273,9522025

Highlighted filing

2017

Revenue$4,881,698
Expenses$4,702,700
Net Income$178,998
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 10, 2017
Return Version
2016v3.0
Gross Receipts
$4,886,251
Mission and Program Overview

Mission

To manage, operate, guide, direct, and promote a public charter school funded by local, state, and federal sources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,071,939$8,532,796▲ $460,857
Investments in Publicly Traded Securities$1,207,114$2,741,824▲ $1,534,710
Cash and Non-Interest-Bearing Accounts$403,334$555,020▲ $151,686
Savings and Temporary Cash Investments$229,552$230,701▲ $1,149
Pledges and Grants Receivable$19,443$42,162▲ $22,719
Prepaid Expenses and Deferred Charges$20,000--
Total Assets$10,235,057$12,484,539▲ $2,249,482
Other Assets Total$283,675$382,036▲ $98,361
Liabilities
Tax Exempt Bond Liabilities$9,770,000$12,150,000▲ $2,380,000
Other Liabilities-$608,611-
Accounts Payable and Accrued Expenses$346,994$490,956▲ $143,962
Mortgage Notes Payable Secured by Investment Property$29,066$19,681▼ $9,385
Total Liabilities$10,146,060$13,269,248▲ $3,123,188
Net Assets / Fund Balance
Unrestricted Net Assets$88,997$-784,709▼ $873,706
Total Net Assets Fund Balance$88,997$-784,709▼ $873,706
Total Liabilities and Net Assets / Fund Balance$10,235,057$12,484,539▲ $2,249,482

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,267,919$2,081,858$9,349,777
Land$1,135,300-$1,135,300
Equipment$129,577$362,926$492,503
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Justin RiggsDirectorFT$122,990$23,929$146,919
Bryan MyrupDirectorFT$59,800$9,425$69,225
Lanny AdamsonAsst. DirectFT$54,050$10,186$64,236

Board Members and Trustees

NameTitle
Jason DouglasChair
Jenni TheobaldBoard Member
Joe MillwardBoard Member
Sarah BradshawBoard Member
Tonia FischioTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,638,540
Program Service Revenue
$189,232
Investment Income
$24,608
Other Revenue
$29,318
All Other Contributions
$9,727
Change in Net Assets
$178,998

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,881,698
Revenue Not Reported on Form 990
$1,255
Total Revenue per Audited Statements
$4,882,953
Total Revenue per Form 990
$4,881,698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,125,060
Other Expenses$1,577,640
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,125,717$5,633-$2,131,350
Other Employee Benefits$491,589$7,830-$499,419
Interest$449,102$8,649-$457,751
Fees for Services Other$289,213$1,447-$290,660
Depreciation Depletion$249,044$5,034-$254,078
Current Officers, Directors, Trustees, and Key Employees$168,367$42,091-$210,458
Payroll Taxes$173,381--$173,381
Pension Plan Contributions$94,918$15,534-$110,452
Occupancy$79,377--$79,377
Travel$58,003--$58,003
Information Technology$49,577--$49,577
Other Expenses$23,781$596-$23,781
All Other Expenses$18,380$3,607-$21,987
Insurance$18,169--$18,169
Office Expenses$12,837--$12,837
Conferences and Meetings$4,332--$4,332
Advertising$3,935--$3,935
Fees for Services Legal$996--$996
Total Functional Expenses$4,612,279$90,421$0$4,702,700

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,756,659
Expenses per Audited Statements$4,702,700
Total Expenses per Form 990$4,702,700
Expenses Not Reported on Form 990$1,053,959
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,522
Fundraising Direct Expenses$1,255
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
Bond Premium, Net of Amortization$608,611

Bond Issues

BondIssuerIssuedIssue PricePurpose
AUtah Charter School Finance Authori2016-09-01$12,400,000To refund 2007 bond and for addition to the building

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$12,889,598-$10,539,029$255,210

Bond Financing Compliance

No rebate due
Yes
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
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

“Form 990 is submitted to the board at the monthly board meeting by the director.”

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

“Compliance monitored by board annually.”

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

“All compensation is reviewed annually and voted on by the board in an open meeting. Changes during the year must be made using a personnel action form which requires the signature of the board president for the director's compensation and the director's signature for other key employees.”

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

“All compensation is reviewed annually and voted on by the board in an open meeting. Changes during the year must be made using a personnel action form which requires the signature of the board president for the director's compensation and the director's signature for other key employees.”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Ronald Wilson Reagan Academy
EIN
56-2533763
Phone
8014897828
Address
1143 WEST CENTER, SPRINGVILLE, UT 84663

Signing Officer

Name
Justin Riggs
Title
Director
Phone
8014897828
Signed
2017-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justin Riggs
Formed
2004
Legal Domicile
Ut
Voting Board Members
5
Independent Board Members
5
Employees
123
Volunteers
356

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, Part XI, Line 9

“Losses reported on return -1,052,704 special events 1,255 special events -1,255 total -1,052,704”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“SPECIAL EVENTS 1,255”

Schedule D, Page 4, Part XII, Line 2D

“SPECIAL EVENTS 1,255”

Raw XML AppendixShowing 400 of 473 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0499419
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc2DUES & FEES
IRS990/OtherExpensesGrp/Desc3TEXTBOOKS & EQUIPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0596
IRS990/OtherExpensesGrp/ProgramServicesAmt0171609
IRS990/OtherExpensesGrp/ProgramServicesAmt1104571
IRS990/OtherExpensesGrp/ProgramServicesAmt225381
IRS990/OtherExpensesGrp/ProgramServicesAmt323781
IRS990/OtherExpensesGrp/TotalAmt0171609
IRS990/OtherExpensesGrp/TotalAmt1105167
IRS990/OtherExpensesGrp/TotalAmt225381
IRS990/OtherExpensesGrp/TotalAmt323781
IRS990/OtherLiabilitiesGrp/EOYAmt0608611
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt019051
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt019051
IRS990/OtherRevenueTotalAmt019051
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05633
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02125717
IRS990/OtherSalariesAndWagesGrp/TotalAmt02131350
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0173381
IRS990/PayrollTaxesGrp/TotalAmt0173381
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt015534
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt094918
IRS990/PensionPlanContributionsGrp/TotalAmt0110452
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt019443
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt042162
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020000
IRS990/PrincipalOfficerNm0JUSTIN RIGGS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT FEES AND ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt099177
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt190055
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt099177
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt190055
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF A FOOD SERVICE PROGRAM TO BENEFIT STUDENTS AND FACULTY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0367063
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt099177
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04422203
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08315
IRS990/PYOtherExpensesAmt01674192
IRS990/PYOtherRevenueAmt040989
IRS990/PYProgramServiceRevenueAmt0199463
IRS990/PYRevenuesLessExpensesAmt0-50631
IRS990/PYSalariesCompEmpBnftPaidAmt03047409
IRS990/PYTotalExpensesAmt04721601
IRS990/PYTotalRevenueAmt04670970
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0178998
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt090055
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0229552
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0230701
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt07267919
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02081858
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09349777
IRS990ScheduleD/EquipmentGrp/BookValueAmt0129577
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0362926
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0492503
IRS990ScheduleD/ExpensesNotReportedAmt01053959
IRS990ScheduleD/ExpensesSubtotalAmt04702700
IRS990ScheduleD/LandGrp/BookValueAmt01135300
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01135300
IRS990ScheduleD/LossesReportedAmt01052704
IRS990ScheduleD/OtherExpensesIncludedAmt01255
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0608611
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOND PREMIUM, NET OF AMORTIZATION
IRS990ScheduleD/OtherRevenueAmt01255
IRS990ScheduleD/RevenueNotReportedAmt01255
IRS990ScheduleD/RevenueSubtotalAmt04881698
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENTS 1,255
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENTS 1,255
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08532796
IRS990ScheduleD/TotalExpensesPerForm990Amt04702700
IRS990ScheduleD/TotalLiabilityAmt0608611
IRS990ScheduleD/TotalRevenuePerForm990Amt04881698
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04882953
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05756659
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/ExplanationTxt0THIS 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
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0UTAH CHARTER SCHOOL FINANCE AUTHORIT 11/07/17
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE K - DATE REBATE COMPUTATION PERFORMED
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02016-09-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0261275269
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum091754TPX5
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt012400000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0UTAH CHARTER SCHOOL FINANCE AUTHORI
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO REFUND 2007 BOND AND FOR ADDITION TO THE BUILDING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt02095359
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0255210
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt010539029
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt012889598
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS SUBMITTED TO THE BOARD AT THE MONTHLY BOARD MEETING BY THE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPLIANCE MONITORED BY BOARD ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL COMPENSATION IS REVIEWED ANNUALLY AND VOTED ON BY THE BOARD IN AN OPEN MEETING. CHANGES DURING THE YEAR MUST BE MADE USING A PERSONNEL ACTION FORM WHICH REQUIRES THE SIGNATURE OF THE BOARD PRESIDENT FOR THE DIRECTOR'S COMPENSATION AND THE DIRECTOR'S SIGNATURE FOR OTHER KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL COMPENSATION IS REVIEWED ANNUALLY AND VOTED ON BY THE BOARD IN AN OPEN MEETING. CHANGES DURING THE YEAR MUST BE MADE USING A PERSONNEL ACTION FORM WHICH REQUIRES THE SIGNATURE OF THE BOARD PRESIDENT FOR THE DIRECTOR'S COMPENSATION AND THE DIRECTOR'S SIGNATURE FOR OTHER KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LOSSES REPORTED ON RETURN -1,052,704 SPECIAL EVENTS 1,255 SPECIAL EVENTS -1,255 TOTAL -1,052,704
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt09770000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt012150000
IRS990/TaxExemptBondsInd0true
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010235057

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$12,484,539
Liabilities
$13,269,248
Net assets
-$784,709
Revenue
$4,881,698
Expenses
$4,702,700
Net income
$178,998
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$11.1$1.08$8.06$7.78$0.27
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.3$11.5$0.80$7.70$7.37$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$11.7$0.48$7.38$6.65$0.73
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$12.0$0.25$6.49$6.17$0.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$12.3$0.58$5.93$5.75$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.1$12.5$0.42$5.60$5.43$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.1$12.7$0.59$5.38$5.26$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$12.9$0.71$5.19$5.11$0.08
2017Detailed filing. Detailed filing data is available for this year.$12.5$13.3$0.78$4.88$4.70$0.18
2016Detailed filing. Detailed filing data is available for this year.$10.2$10.1$0.09$4.67$4.72$0.05
2015Detailed filing. Detailed filing data is available for this year.$10.5$10.4$0.14$4.43$4.48$0.05
2014Detailed filing. Detailed filing data is available for this year.$10.7$10.5$0.19$4.47$4.50$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$10.7$0.22$4.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$10.9$0.31$4.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.5$11.1$0.41$4.38
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