Civic Intelligence

Legacy Preparatory Academy

990 • Fiscal year 2020 • EIN 59-3810621

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 29, 2021

Organization ProfileWWW.LEGACYPREP.ORG

View Organization Page

2214 South 1250 WestWoods Cross, UT 84087

(801) 936-0555

Siviq Scores

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

Liabilities / Assets

87th percentile

0.82x

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

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

Liabilities / Revenue

87th percentile

1.98x

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

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

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

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

Top Officer Pay

31st percentile

$124,801

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

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

Asset Growth

51st percentile

7.2%

Faster asset growth than 51% of similar nonprofits.

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

Revenue Growth

56th percentile

4.9%

Faster revenue growth than 56% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$21,111,154

Up $1,411,815 (+7.2%) from 2019

Net Assets

Up

$3,881,588

Up $1,131,364 (+41%) from 2019

Liabilities

Up

$17,229,566

Up $280,451 (+1.7%) from 2019

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin68th percentile

Revenue

Up

$8,694,182

Up $407,442 (+4.9%) from 2019

Expenses

Up

$7,562,818

Up $380,340 (+5.3%) from 2019

Net Income

Up

$1,131,364

Up $27,102 (+2.5%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$40M$30M$20M$10M$0-$10MAssets 2010: $13,420,258Liabilities 2010: $13,835,544Net Assets 2010: -$415,2862010Assets 2011: $13,326,308Liabilities 2011: $13,815,031Net Assets 2011: -$488,7232011Assets 2012: $13,470,059Liabilities 2012: $13,770,845Net Assets 2012: -$300,7862012Assets 2013: $13,878,167Liabilities 2013: $13,795,704Net Assets 2013: $82,4632013Assets 2014: $13,819,787Liabilities 2014: $13,593,718Net Assets 2014: $226,0692014Assets 2015: $18,198,739Liabilities 2015: $18,226,705Net Assets 2015: -$27,9662015Assets 2016: $18,412,949Liabilities 2016: $18,263,298Net Assets 2016: $149,6512016Assets 2017: $18,835,496Liabilities 2017: $18,039,193Net Assets 2017: $796,3032017Assets 2018: $19,563,220Liabilities 2018: $17,917,258Net Assets 2018: $1,645,9622018Assets 2019: $19,699,339Liabilities 2019: $16,949,115Net Assets 2019: $2,750,2242019Assets 2020: $21,111,154Liabilities 2020: $17,229,566Net Assets 2020: $3,881,5882020Assets 2021: $20,917,956Liabilities 2021: $15,698,383Net Assets 2021: $5,219,5732021Assets 2022: $32,366,265Liabilities 2022: $26,290,617Net Assets 2022: $6,075,6482022Assets 2023: $31,998,007Liabilities 2023: $25,736,051Net Assets 2023: $6,261,9562023Assets 2024: $31,927,273Liabilities 2024: $25,000,374Net Assets 2024: $6,926,8992024

Highlighted filing

2020

Assets$21,111,154
Liabilities$17,229,566
Net Assets$3,881,588
Open 2020 Filing

Operations Trend

Revenue Growth56th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,877,6772010Revenue 2011: $5,071,206Expenses 2011: $5,144,643Net Income 2011: -$73,4372011Expenses 2012: $5,745,6782012Revenue 2013: $6,884,514Expenses 2013: $6,558,402Net Income 2013: $326,1122013Revenue 2014: $6,615,291Expenses 2014: $6,471,685Net Income 2014: $143,6062014Revenue 2015: $6,464,527Expenses 2015: $6,360,491Net Income 2015: $104,0362015Revenue 2016: $6,694,846Expenses 2016: $6,517,229Net Income 2016: $177,6172016Revenue 2017: $7,473,222Expenses 2017: $6,826,570Net Income 2017: $646,6522017Revenue 2018: $7,786,940Expenses 2018: $6,937,281Net Income 2018: $849,6592018Revenue 2019: $8,286,740Expenses 2019: $7,182,478Net Income 2019: $1,104,2622019Revenue 2020: $8,694,182Expenses 2020: $7,562,818Net Income 2020: $1,131,3642020Revenue 2021: $8,923,520Expenses 2021: $7,585,535Net Income 2021: $1,337,9852021Revenue 2022: $9,927,655Expenses 2022: $9,071,580Net Income 2022: $856,0752022Revenue 2023: $9,360,799Expenses 2023: $9,174,491Net Income 2023: $186,3082023Revenue 2024: $11,161,628Expenses 2024: $10,496,685Net Income 2024: $664,9432024

Highlighted filing

2020

Revenue$8,694,182
Expenses$7,562,818
Net Income$1,131,364
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 29, 2021
Return Version
2019v5.0
Gross Receipts
$8,694,182
Mission and Program Overview

Mission

To provide classical education and fine arts within a public charter school setting by building the foundation of knowledge and critical thinking skills necessary for children to become independent.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,577,299$13,197,586▼ $379,713
Savings and Temporary Cash Investments$3,662,365$4,690,772▲ $1,028,407
Cash and Non-Interest-Bearing Accounts$1,374,686$2,230,851▲ $856,165
Intangible Assets$959,457$917,283▼ $42,174
Prepaid Expenses and Deferred Charges$56,719$46,967▼ $9,752
Pledges and Grants Receivable$66,395$25,749▼ $40,646
Accounts Receivable$2,418$1,944▼ $474
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$19,699,339$21,111,154▲ $1,411,815
Other Assets Total-$2-
Liabilities
Tax Exempt Bond Liabilities$14,855,000$14,475,000▼ $380,000
Other Liabilities$1,159,892$1,097,479▼ $62,413
Accounts Payable and Accrued Expenses$783,030$798,452▲ $15,422
Deferred Revenue$25,086$783,356▲ $758,270
Mortgage Notes Payable Secured by Investment Property$126,107$75,279▼ $50,828
Total Liabilities$16,949,115$17,229,566▲ $280,451
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,750,224$3,881,588▲ $1,131,364
Total Net Assets Fund Balance$2,750,224$3,881,588▲ $1,131,364
Total Liabilities and Net Assets / Fund Balance$19,699,339$21,111,154▲ $1,411,815

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,447,157$3,279,440$13,726,597
Land$2,065,795-$2,065,795
Leasehold Improvements$456,859$131,536$588,395
Equipment$190,469$192,285$382,754
Other Land Buildings$37,306$211,621$248,927
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nyman BrooksExecutive DirectorFT$100,964$23,837$124,801

Board Members and Trustees

NameTitle
Brandie EvansPresident
Andrew LavinVice President
Al PrannoMember
Anna MarkMember
Carl WoolstonMember
Jim CollingsMember
Lee PetersonMember
Paul HansenMember
David RaySecretary
Alisha JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,435,275
Program Service Revenue
$172,854
Investment Income
$85,088
Other Revenue
$965
All Other Contributions
$19,331
Change in Net Assets
$1,131,364

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,694,182
Total Revenue per Audited Statements
$8,694,182
Total Revenue per Form 990
$8,694,182
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,276,226
Other Expenses$2,286,592
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,152,256$91,832-$4,244,088
Other Employee Benefits$802,133$7,322-$809,455
Interest$611,687$54,957-$666,644
Depreciation Depletion$413,227$37,126-$450,353
Fees for Services Other$354,116$11,339-$365,455
Pension Plan Contributions$118,374$3,345-$121,719
Current Officers, Directors, Trustees, and Key Employees$100,964--$100,964
Fees for Services Management-$47,485-$47,485
Other Expenses$36,272$7,033-$43,305
Fees for Services Legal-$6,524-$6,524
Total Functional Expenses$7,281,150$281,668$0$7,562,818

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,562,818
Total Expenses per Audited Statements$7,562,818
Total Expenses per Form 990$7,562,818
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unamortized Bond Premium$711,289
Bond Issuance Costs Payable$386,190

Bond Issues

BondIssuerIssuedIssue PricePurpose
AUtah Charter Finance Auth2014-09-29$16,900,000TO REFINANCE OUTSTANDING

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$17,799,331$253,500-$319,346

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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, Part VI, Line 11B: Form 990 Review Process

“A draft copy is provided to the board for review prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Board members annually sign conflict of interest statements.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Board reviews and determines annually.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Board reviews and determines annually.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

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

Filing and Contact Details

Filer

Filer Name
Legacy Preparatory Academy
EIN
59-3810621
Phone
8019360555
Address
2214 SOUTH 1250 WEST, WOODS CROSS, UT 84087

Signing Officer

Name
Nyman Brooks
Title
Executive Director
Signed
2021-01-29
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
Ut
Voting Board Members
10
Independent Board Members
10
Employees
178
Volunteers
295

Preparer

Firm
Gilbert & Stewart
Address
190 West 800 North Suite 100, Provo, UT 84601
Preparer
James a Gilbert CPA
Phone
8013775300
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IRS990/IntangibleAssetsGrp/BOYAmt0959457
IRS990/IntangibleAssetsGrp/EOYAmt0917283
IRS990/InterestGrp/ManagementAndGeneralAmt054957
IRS990/InterestGrp/ProgramServicesAmt0611687
IRS990/InterestGrp/TotalAmt0666644
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt085088
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt085088
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03814882
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013577299
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013197586
IRS990/LandBldgEquipCostOrOtherBssAmt017012468
IRS990/LegalDomicileStateCd0UT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide classical education and fine arts within a public charter school setting by building the foundation of knowledge and critical thinking skills necessary for children to become independent.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0126107
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt075279
IRS990/NetAssetsOrFundBalancesBOYAmt02750224
IRS990/NetAssetsOrFundBalancesEOYAmt03881588
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0965
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0965
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02750224
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03881588
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt02
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07322
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0802133
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0809455
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1PURCHASED PROPERTY SERVICES
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014705
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17033
IRS990/OtherExpensesGrp/ProgramServicesAmt0469578
IRS990/OtherExpensesGrp/ProgramServicesAmt1222543
IRS990/OtherExpensesGrp/ProgramServicesAmt236272
IRS990/OtherExpensesGrp/TotalAmt0484283
IRS990/OtherExpensesGrp/TotalAmt1222543
IRS990/OtherExpensesGrp/TotalAmt243305
IRS990/OtherLiabilitiesGrp/BOYAmt01159892
IRS990/OtherLiabilitiesGrp/EOYAmt01097479
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt091832
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04152256
IRS990/OtherSalariesAndWagesGrp/TotalAmt04244088
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03345
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0118374
IRS990/PensionPlanContributionsGrp/TotalAmt0121719
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt066395
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt025749
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt056719
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt046967
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITIES AND FE
IRS990/ProgramServiceRevenueGrp/Desc1VENDING MACHINE SALES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0172374
IRS990/ProgramServiceRevenueGrp/ExclusionAmt1480
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0172374
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1480
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt08045717
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt019634
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02198266
IRS990/PYOtherRevenueAmt07423
IRS990/PYProgramServiceRevenueAmt0213966
IRS990/PYRevenuesLessExpensesAmt01104262
IRS990/PYSalariesCompEmpBnftPaidAmt04984212
IRS990/PYTotalExpensesAmt07182478
IRS990/PYTotalRevenueAmt08286740
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01131364
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0965
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03662365
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04690772
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt010447157
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03279440
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013726597
IRS990ScheduleD/EquipmentGrp/BookValueAmt0190469
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0192285
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0382754
IRS990ScheduleD/ExpensesSubtotalAmt07562818
IRS990ScheduleD/LandGrp/BookValueAmt02065795
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02065795
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0456859
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0131536
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0588395
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt037306
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0211621
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0248927
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0386190
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1711289
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOND ISSUANCE COSTS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNAMORTIZED BOND PREMIUM
IRS990ScheduleD/RevenueSubtotalAmt08694182
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013197586
IRS990ScheduleD/TotalExpensesPerForm990Amt07562818
IRS990ScheduleD/TotalLiabilityAmt01097479
IRS990ScheduleD/TotalRevenuePerForm990Amt08694182
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08694182
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07562818
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/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The School is excused from formal compliance with Rec Proc 75-50 as long as its charter agreement with the state of Utah remains in effect.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RegulatorySafeHarborStsfdInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd0false

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$21,111,154
Liabilities
$17,229,566
Net assets
$3,881,588
Revenue
$8,694,182
Expenses
$7,562,818
Net income
$1,131,364
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$31.9$25.0$6.93$11.2$10.5$0.66
2023Detailed filing. Detailed filing data is available for this year.$32.0$25.7$6.26$9.36$9.17$0.19
2022Detailed filing. Detailed filing data is available for this year.$32.4$26.3$6.08$9.93$9.07$0.86
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.9$15.7$5.22$8.92$7.59$1.34
2020Detailed filing. Detailed filing data is available for this year.$21.1$17.2$3.88$8.69$7.56$1.13
2019Detailed filing. Detailed filing data is available for this year.$19.7$16.9$2.75$8.29$7.18$1.10
2018Detailed filing. Detailed filing data is available for this year.$19.6$17.9$1.65$7.79$6.94$0.85
2017Detailed filing. Detailed filing data is available for this year.$18.8$18.0$0.80$7.47$6.83$0.65
2016Summary only. Only limited summary data is available for this year.$18.4$18.3$0.15$6.69$6.52$0.18
2015Summary only. Only limited summary data is available for this year.$18.2$18.2$0.03$6.46$6.36$0.10
2014Summary only. Only limited summary data is available for this year.$13.8$13.6$0.23$6.62$6.47$0.14
2013Summary only. Only limited summary data is available for this year.$13.9$13.8$0.08$6.88$6.56$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.5$13.8$0.30$5.75
2011Summary only. Only limited summary data is available for this year.$13.3$13.8$0.49$5.07$5.14$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$13.8$0.42$4.88