Civic Intelligence

Ronald Wilson Reagan Academy

990 • Fiscal year 2020 • EIN 56-2533763

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 28, 2021

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

1.03x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

2.23x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

46th percentile

3.0%

Higher net margin than 46% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

49th percentile

$171,527

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

27th percentile

0.1%

Faster asset growth than 27% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

54th percentile

4.0%

Faster revenue growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$12,088,851

Up $11,542 (+0.1%) from 2019

Net Assets

Up

-$416,110

Up $170,530 (+29%) from 2019

Liabilities

Down

$12,504,961

Down $158,988 (-1.3%) from 2019

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin46th percentile

Revenue

Up

$5,597,792

Up $216,158 (+4.0%) from 2019

Expenses

Up

$5,427,262

Up $164,914 (+3.1%) from 2019

Net Income

Up

$170,530

Up $51,244 (+43%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth27th 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

2020

Assets$12,088,851
Liabilities$12,504,961
Net Assets-$416,110
Open 2020 Filing

Operations Trend

Revenue Growth54th 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

2020

Revenue$5,597,792
Expenses$5,427,262
Net Income$170,530
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 28, 2021
Return Version
2019v5.0
Gross Receipts
$5,599,852
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$9,347,112$9,102,054▼ $245,058
Investments in Publicly Traded Securities$1,256,741$1,280,080▲ $23,339
Cash and Non-Interest-Bearing Accounts$851,467$1,103,662▲ $252,195
Savings and Temporary Cash Investments$233,998$235,909▲ $1,911
Pledges and Grants Receivable$16,739$17,792▲ $1,053
Prepaid Expenses and Deferred Charges$15,564$6,840▼ $8,724
Total Assets$12,077,309$12,088,851▲ $11,542
Other Assets Total$355,688$342,514▼ $13,174
Liabilities
Tax Exempt Bond Liabilities$11,705,000$11,470,000▼ $235,000
Other Liabilities$566,637$545,650▼ $20,987
Accounts Payable and Accrued Expenses$354,871$446,218▲ $91,347
Mortgage Notes Payable Secured by Investment Property$37,441$28,093▼ $9,348
Deferred Revenue-$15,000-
Total Liabilities$12,663,949$12,504,961▼ $158,988
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-586,640$-416,110▲ $170,530
Total Net Assets Fund Balance$-586,640$-416,110▲ $170,530
Total Liabilities and Net Assets / Fund Balance$12,077,309$12,088,851▲ $11,542

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,766,272$2,880,099$10,646,371
Land$1,135,300-$1,135,300
Equipment$200,482$314,363$514,845
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Justin RiggsDirectorFT$144,978$26,549$171,527
Lanee AdamsonAsst. DirectFT$94,638$23,729$118,367

Board Members and Trustees

NameTitle
Adam BushmanBoard Member
Doug StringhamBoard Member
Emily ShawBoard Member
Jenni TheobaldBoard Member
Joseph MillwardBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$5,385,608
Program Service Revenue
$123,169
Investment Income
$27,567
Other Revenue
$61,448
All Other Contributions
$31,996
Change in Net Assets
$170,530

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,597,792
Revenue Not Reported on Form 990
$493
Total Revenue per Audited Statements
$5,598,285
Total Revenue per Form 990
$5,597,792
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,703,076
Other Expenses$1,724,186
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,152,823$418,986-$2,571,809
Other Employee Benefits$403,897$156,661-$560,558
Interest$458,279$90,187-$548,466
Depreciation Depletion$266,940$52,532-$319,472
Fees for Services Other$166,528$93,734-$260,262
Current Officers, Directors, Trustees, and Key Employees$191,692$47,924-$239,616
Payroll Taxes$213,610--$213,610
Pension Plan Contributions$117,483--$117,483
Occupancy$88,394$13,751-$102,145
Information Technology$59,324--$59,324
Travel$28,692--$28,692
Other Expenses$26,994$18,735-$26,994
Insurance$21,646--$21,646
All Other Expenses$18,063--$18,063
Fees for Services Legal$5,470--$5,470
Advertising$4,903--$4,903
Office Expenses$786--$786
Total Functional Expenses$4,534,752$892,510$0$5,427,262

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,427,755
Expenses per Audited Statements$5,427,262
Total Expenses per Form 990$5,427,262
Expenses Not Reported on Form 990$493
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,721
Fundraising Direct Expenses$493
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$545,650

Bond Issues

BondIssuerIssuedIssue PricePurpose
AUtah Charter School Finance Authori2016-09-13$12,889,598To refund 2007 bond and for addition to the building

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$12,889,598-$10,359,029$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 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
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

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

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
2021-01-28
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
109
Volunteers
267

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

“Special event expenses 493 special event expenses -493”

Financial Statement Notes

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

“Special event expenses 493”

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

“Special event expenses 493”

Raw XML AppendixShowing 400 of 487 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0354871
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0446218
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO MANAGE, OPERATE, GUIDE, DIRECT, AND PROMOTE A PUBLIC CHARTER SCHOOL FUNDED BY LOCAL, STATE, AND FEDERAL SOURCES.
IRS990/AdvertisingGrp/ProgramServicesAmt04903
IRS990/AdvertisingGrp/TotalAmt04903
IRS990/AllOtherContributionsAmt031996
IRS990/AllOtherExpensesGrp/ProgramServicesAmt018063
IRS990/AllOtherExpensesGrp/TotalAmt018063
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0LAUNA NELSON
IRS990/BooksInCareOfDetail/PhoneNum08014897828
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01143 WEST CENTER
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPRINGVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd084663
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0851467
IRS990/CashNonInterestBearingGrp/EOYAmt01103662
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt047924
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0191692
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0239616
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05385608
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt027567
IRS990/CYOtherExpensesAmt01724186
IRS990/CYOtherRevenueAmt061448
IRS990/CYProgramServiceRevenueAmt0123169
IRS990/CYRevenuesLessExpensesAmt0170530
IRS990/CYSalariesCompEmpBnftPaidAmt03703076
IRS990/CYTotalExpensesAmt05427262
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05597792
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt015000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt052532
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0266940
IRS990/DepreciationDepletionGrp/TotalAmt0319472
IRS990/Desc0OPERATION OF ONE PUBLIC CHARTER SCHOOL FOR STUDENTS FROM KINDERGARTEN THROUGH EIGHTH GRADE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0109
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt04167175
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt05470
IRS990/FeesForServicesLegalGrp/TotalAmt05470
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt093734
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0166528
IRS990/FeesForServicesOtherGrp/TotalAmt0260262
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt026549
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt123729
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0JUSTIN RIGGS
IRS990/Form990PartVIISectionAGrp/PersonNm1LANEE ADAMSON
IRS990/Form990PartVIISectionAGrp/PersonNm2ADAM BUSHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3JOSEPH MILLWARD
IRS990/Form990PartVIISectionAGrp/PersonNm4EMILY SHAW
IRS990/Form990PartVIISectionAGrp/PersonNm5DOUG STRINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm6JENNI THEOBALD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0144978
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt194638
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1ASST. DIRECT
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt0493
IRS990/FundraisingGrossIncomeAmt06721
IRS990/GainOrLossGrp/OtherAmt0-1567
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt05353612
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05599852
IRS990/GrossRentsGrp/RealAmt0520
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt059324
IRS990/InformationTechnologyGrp/TotalAmt059324
IRS990/InsuranceGrp/ProgramServicesAmt021646
IRS990/InsuranceGrp/TotalAmt021646
IRS990/InterestGrp/ManagementAndGeneralAmt090187
IRS990/InterestGrp/ProgramServicesAmt0458279
IRS990/InterestGrp/TotalAmt0548466
IRS990/InvestmentIncomeGrp/ExclusionAmt029134
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt029134
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01256741
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01280080
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03194462
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09347112
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09102054
IRS990/LandBldgEquipCostOrOtherBssAmt012296516
IRS990/LegalDomicileStateCd0UT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01567
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO MANAGE, OPERATE, GUIDE, DIRECT, AND PROMOTE A PUBLIC CHARTER SCHOOL FUNDED BY LOCAL, STATE, AND FEDERAL SOURCES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt037441
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt028093
IRS990/NetAssetsOrFundBalancesBOYAmt0-586640
IRS990/NetAssetsOrFundBalancesEOYAmt0-416110
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1567
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1567
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt06228
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0520
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0520
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-586640
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-416110
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt013751
IRS990/OccupancyGrp/ProgramServicesAmt088394
IRS990/OccupancyGrp/TotalAmt0102145
IRS990/OfficeExpensesGrp/ProgramServicesAmt0786
IRS990/OfficeExpensesGrp/TotalAmt0786
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0355688
IRS990/OtherAssetsTotalGrp/EOYAmt0342514
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0156661
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0403897
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0560558
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3TEXTBOOKS & EQUIPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018735
IRS990/OtherExpensesGrp/ProgramServicesAmt0133392
IRS990/OtherExpensesGrp/ProgramServicesAmt1112192
IRS990/OtherExpensesGrp/ProgramServicesAmt263644
IRS990/OtherExpensesGrp/ProgramServicesAmt326994
IRS990/OtherExpensesGrp/TotalAmt0152127
IRS990/OtherExpensesGrp/TotalAmt1112192
IRS990/OtherExpensesGrp/TotalAmt263644
IRS990/OtherExpensesGrp/TotalAmt326994
IRS990/OtherLiabilitiesGrp/BOYAmt0566637
IRS990/OtherLiabilitiesGrp/EOYAmt0545650
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt054700
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt054700
IRS990/OtherRevenueTotalAmt054700
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0418986
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02152823
IRS990/OtherSalariesAndWagesGrp/TotalAmt02571809
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0213610
IRS990/PayrollTaxesGrp/TotalAmt0213610
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0117483
IRS990/PensionPlanContributionsGrp/TotalAmt0117483
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt016739
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt017792
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015564
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06840
IRS990/PrincipalOfficerNm0JUSTIN RIGGS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT FEES AND ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt085662
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt137507
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt085662
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt137507
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF A FOOD SERVICE PROGRAM TO BENEFIT STUDENTS AND FACULTY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0367577
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt085662
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05084903
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt036210
IRS990/PYOtherExpensesAmt01853039
IRS990/PYOtherRevenueAmt049494
IRS990/PYProgramServiceRevenueAmt0211027
IRS990/PYRevenuesLessExpensesAmt0119286
IRS990/PYSalariesCompEmpBnftPaidAmt03409309
IRS990/PYTotalExpensesAmt05262348
IRS990/PYTotalRevenueAmt05381634
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0170530
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0520
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt037507
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0233998
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0235909
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt07766272
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02880099
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010646371
IRS990ScheduleD/EquipmentGrp/BookValueAmt0200482
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0314363
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0514845
IRS990ScheduleD/ExpensesNotReportedAmt0493
IRS990ScheduleD/ExpensesSubtotalAmt05427262
IRS990ScheduleD/LandGrp/BookValueAmt01135300
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01135300
IRS990ScheduleD/OtherExpensesIncludedAmt0493
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0545650
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOND PREMIUM, NET OF AMORTIZATION
IRS990ScheduleD/OtherRevenueAmt0493
IRS990ScheduleD/RevenueNotReportedAmt0493
IRS990ScheduleD/RevenueSubtotalAmt05597792
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENT EXPENSES 493
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSES 493
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09102054
IRS990ScheduleD/TotalExpensesPerForm990Amt05427262
IRS990ScheduleD/TotalLiabilityAmt0545650
IRS990ScheduleD/TotalRevenuePerForm990Amt05597792
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05598285
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05427755
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
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0144978
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08160
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt018389
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JUSTIN RIGGS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0171527
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0UTAH CHARTER SCHOOL FINANCE AUTHORIT TO REFUND 2007 BOND AND FOR ADDITION TO THE BUILDING
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1UTAH CHARTER SCHOOL FINANCE AUTHORIT 11/12/18
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1DATE 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/BondIssuedDt02016-09-13
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0261275269
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum091754TPX5
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt012889598
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/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt02095359
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0255210
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt010359029
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02017
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/ExplanationTxt4SUCH DOCUMENTS ARE AVAILABLE UPON REQUEST JUST AS FORMS 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SPECIAL EVENT EXPENSES 493 SPECIAL EVENT EXPENSES -493

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,088,851
Liabilities
$12,504,961
Net assets
-$416,110
Revenue
$5,597,792
Expenses
$5,427,262
Net income
$170,530
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
2020Detailed filing. Detailed filing data is available for this year.$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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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