Civic Intelligence

Ronald Wilson Reagan Academy

990 • Fiscal year 2022 • EIN 56-2533763

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 17, 2023

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

1.02x

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

1.85x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

46th percentile

5.0%

Higher net margin than 46% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

51st percentile

$180,598

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

50th percentile

0.4%

Faster asset growth than 50% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

59th percentile

9.5%

Faster revenue growth than 59% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$11,742,145

Up $46,208 (+0.4%) from 2021

Net Assets

Up

-$252,250

Up $326,394 (+56%) from 2021

Liabilities

Down

$11,994,395

Down $280,186 (-2.3%) from 2021

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin46th percentile

Revenue

Up

$6,492,528

Up $564,051 (+9.5%) from 2021

Expenses

Up

$6,166,134

Up $417,637 (+7.3%) from 2021

Net Income

Up

$326,394

Up $146,414 (+81%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 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

2022

Assets$11,742,145
Liabilities$11,994,395
Net Assets-$252,250
Open 2022 Filing

Operations Trend

Revenue Growth59th 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

2022

Revenue$6,492,528
Expenses$6,166,134
Net Income$326,394
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 17, 2023
Return Version
2021v4.0
Gross Receipts
$6,499,807
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$8,836,061$8,613,841▼ $222,220
Cash and Non-Interest-Bearing Accounts$1,333,268$1,554,954▲ $221,686
Investments in Publicly Traded Securities$1,276,910$1,277,699▲ $789
Savings and Temporary Cash Investments$236,624$237,216▲ $592
Pledges and Grants Receivable$13,074$47,784▲ $34,710
Total Assets$11,695,937$11,742,145▲ $46,208
Other Assets Total-$10,651-
Liabilities
Tax Exempt Bond Liabilities$11,225,000$10,975,000▼ $250,000
Other Liabilities$524,663$503,676▼ $20,987
Accounts Payable and Accrued Expenses$450,327$432,878▼ $17,449
Mortgage Notes Payable Secured by Investment Property$18,295$81,590▲ $63,295
Deferred Revenue$56,296$1,251▼ $55,045
Total Liabilities$12,274,581$11,994,395▼ $280,186
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-578,644$-252,250▲ $326,394
Total Net Assets Fund Balance$-578,644$-252,250▲ $326,394
Total Liabilities and Net Assets / Fund Balance$11,695,937$11,742,145▲ $46,208

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,214,565$3,431,806$10,646,371
Land$1,135,300-$1,135,300
Equipment$263,976$167,744$431,720
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Justin RiggsDirectorFT$151,979$28,619$180,598

Board Members and Trustees

NameTitle
April GallierBoard Member
David MickelsonBoard Member
Emily ShawBoard Member
Jenni TheobaldBoard Member
Joseph MillwardBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$6,331,516
Program Service Revenue
$81,176
Investment Income
$16,853
Other Revenue
$62,983
All Other Contributions
$23,865
Change in Net Assets
$326,394

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,492,528
Total Revenue per Audited Statements
$6,492,528
Total Revenue per Form 990
$6,492,528
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,253,220
Other Expenses$1,912,914
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,672,377$319,001-$2,991,378
Other Employee Benefits$460,229$156,337-$616,566
Interest$441,984$78,265-$520,249
Depreciation Depletion$314,143$18,641-$332,784
Fees for Services Other$224,761$91,124-$315,885
Current Officers, Directors, Trustees, and Key Employees$51,109$204,439-$255,548
Payroll Taxes$246,824--$246,824
Pension Plan Contributions$142,904--$142,904
Occupancy$90,071$22,623-$112,694
Travel$95,546--$95,546
Information Technology$41,790$10,447-$52,237
Insurance$27,999--$27,999
Advertising$18,932--$18,932
Other Expenses$16,014$26,737-$16,014
All Other Expenses$8,151--$8,151
Office Expenses$1,044--$1,044
Conferences and Meetings$621--$621
Total Functional Expenses$5,238,520$927,614$0$6,166,134

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,166,134
Total Expenses per Audited Statements$6,166,134
Total Expenses per Form 990$6,166,134
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
Bond Premium, Net of Amortization$503,676

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
2023-02-17
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
114
Volunteers
218

Preparer

Firm
Squire & Company Pc
Address
1329 SOUTH 800 EAST, OREM, UT 84097-7737
Preparer
M Paul Winward CPA
Phone
8012256900
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0246824
IRS990/PayrollTaxesGrp/TotalAmt0246824
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0142904
IRS990/PensionPlanContributionsGrp/TotalAmt0142904
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt013074
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt047784
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JUSTIN RIGGS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES AND ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt077061
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14115
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt077061
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14115
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF A FOOD SERVICE PROGRAM TO BENEFIT STUDENTS AND FACULTY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0479438
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt04115
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05843910
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07322
IRS990/PYOtherExpensesAmt01822465
IRS990/PYOtherRevenueAmt028657
IRS990/PYProgramServiceRevenueAmt048588
IRS990/PYRevenuesLessExpensesAmt0179980
IRS990/PYSalariesCompEmpBnftPaidAmt03926032
IRS990/PYTotalExpensesAmt05748497
IRS990/PYTotalRevenueAmt05928477
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0326394
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0100
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt077061
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0236624
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0237216
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt07214565
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03431806
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010646371
IRS990ScheduleD/EquipmentGrp/BookValueAmt0263976
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0167744
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0431720
IRS990ScheduleD/ExpensesSubtotalAmt06166134
IRS990ScheduleD/LandGrp/BookValueAmt01135300
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01135300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0503676
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOND PREMIUM, NET OF AMORTIZATION
IRS990ScheduleD/RevenueSubtotalAmt06492528
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08613841
IRS990ScheduleD/TotalExpensesPerForm990Amt06166134
IRS990ScheduleD/TotalLiabilityAmt0503676
IRS990ScheduleD/TotalRevenuePerForm990Amt06492528
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06492528
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06166134
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/BaseCompensationFilingOrgAmt0151979
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt07986
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt020633
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JUSTIN RIGGS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0180598
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 10/13/21
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/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
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt011225000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt010975000
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt011695937
IRS990/TotalAssetsEOYAmt011742145

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,742,145
Liabilities
$11,994,395
Net assets
-$252,250
Revenue
$6,492,528
Expenses
$6,166,134
Net income
$326,394
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
2022Detailed filing. Detailed filing data is available for this year.$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
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
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