Civic Intelligence

Utah Charter Academies Inc DBA American Preparatory Academy of Draper

990 • Fiscal year 2024 • EIN 68-0547532

Jul 01, 2023 to Jun 30, 2024 • Filed on May 14, 2025

Organization Profilewww.americanprep.org

View Organization Page

12894 S Pony Express RoadDraper, UT 84020

(801) 553-8500

Siviq Scores

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

Liabilities / Assets

90th percentile

0.89x

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

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

1.42x

Higher debt load relative to revenue than 81% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

46th percentile

3.2%

Higher net margin than 46% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

30th percentile

1.5%

Faster asset growth than 30% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

5.8%

Faster revenue growth than 42% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$94,981,894

Up $1,369,482 (+1.5%) from 2023

Net Assets

Up

$10,409,117

Up $1,895,525 (+22%) from 2023

Liabilities

Down

$84,572,777

Down $526,043 (-0.6%) from 2023

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin46th percentile

Revenue

Up

$59,625,890

Up $3,251,857 (+5.8%) from 2023

Expenses

Up

$57,730,365

Up $5,048,910 (+9.6%) from 2023

Net Income

Down

$1,895,525

Down $1,797,053 (-49%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$100M$50M$0Assets 2010: $9,153,733Liabilities 2010: $8,383,476Net Assets 2010: $770,2572010Assets 2011: $12,935,469Liabilities 2011: $10,708,775Net Assets 2011: $2,226,6942011Assets 2012: $11,770,886Liabilities 2012: $9,110,875Net Assets 2012: $2,660,0112012Assets 2013: $12,706,267Liabilities 2013: $9,372,085Net Assets 2013: $3,334,1822013Assets 2014: $14,145,230Liabilities 2014: $9,817,765Net Assets 2014: $4,327,4652014Assets 2015: $15,197,107Liabilities 2015: $10,187,532Net Assets 2015: $5,009,5752015Assets 2016: $46,334,448Liabilities 2016: $40,633,407Net Assets 2016: $5,701,0412016Assets 2017: $64,167,692Liabilities 2017: $56,098,980Net Assets 2017: $8,068,7122017Assets 2018: $98,510,797Liabilities 2018: $86,797,829Net Assets 2018: $11,712,9682018Assets 2019: $94,286,840Liabilities 2019: $86,763,691Net Assets 2019: $7,523,1492019Assets 2020: $93,349,501Liabilities 2020: $85,158,868Net Assets 2020: $8,190,6332020Assets 2021: $87,193,817Liabilities 2021: $86,496,815Net Assets 2021: $697,0022021Assets 2022: $92,151,541Liabilities 2022: $87,330,527Net Assets 2022: $4,821,0142022Assets 2023: $93,612,412Liabilities 2023: $85,098,820Net Assets 2023: $8,513,5922023Assets 2024: $94,981,894Liabilities 2024: $84,572,777Net Assets 2024: $10,409,1172024

Highlighted filing

2024

Assets$94,981,894
Liabilities$84,572,777
Net Assets$10,409,117
Open 2024 Filing

Operations Trend

Revenue Growth42nd percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $6,642,0382010Revenue 2011: $9,262,592Expenses 2011: $7,806,155Net Income 2011: $1,456,4372011Expenses 2012: $11,689,3892012Expenses 2013: $14,506,4712013Revenue 2014: $22,865,514Expenses 2014: $21,872,231Net Income 2014: $993,2832014Revenue 2015: $23,716,703Expenses 2015: $23,034,593Net Income 2015: $682,1102015Revenue 2016: $26,404,290Expenses 2016: $25,712,824Net Income 2016: $691,4662016Revenue 2017: $32,866,273Expenses 2017: $30,498,602Net Income 2017: $2,367,6712017Revenue 2018: $40,683,784Expenses 2018: $37,039,528Net Income 2018: $3,644,2562018Revenue 2019: $41,244,624Expenses 2019: $41,656,015Net Income 2019: -$411,3912019Revenue 2020: $46,330,384Expenses 2020: $45,662,900Net Income 2020: $667,4842020Revenue 2021: $47,458,045Expenses 2021: $49,516,844Net Income 2021: -$2,058,7992021Revenue 2022: $54,733,479Expenses 2022: $50,609,467Net Income 2022: $4,124,0122022Revenue 2023: $56,374,033Expenses 2023: $52,681,455Net Income 2023: $3,692,5782023Revenue 2024: $59,625,890Expenses 2024: $57,730,365Net Income 2024: $1,895,5252024

Highlighted filing

2024

Revenue$59,625,890
Expenses$57,730,365
Net Income$1,895,525
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$59,625,890
Mission and Program Overview

Mission

To ensure each student achieves maximum academic success by teaching skills to mastery levels, imparting valuable knowledge, transmitting common culture that binds us as a nation, and exposing children to supreme examples of artistic and intellectual achievement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$57,973,733$57,213,277▼ $760,456
Investments Other Securities$18,093,914$19,102,830▲ $1,008,916
Cash and Non-Interest-Bearing Accounts$12,111,378$11,255,734▼ $855,644
Accounts Receivable$603,655$724,810▲ $121,155
Prepaid Expenses and Deferred Charges-$261,447-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$93,612,412$94,981,894▲ $1,369,482
Other Assets Total$4,829,732$6,423,796▲ $1,594,064
Liabilities
Tax Exempt Bond Liabilities$72,078,558$70,454,518▼ $1,624,040
Accounts Payable and Accrued Expenses$5,049,471$5,855,198▲ $805,727
Mortgage Notes Payable Secured by Investment Property$4,345,643$4,223,221▼ $122,422
Unsecured Notes Loans Payable$2,228,734$1,950,142▼ $278,592
Other Liabilities$1,343,302$1,636,972▲ $293,670
Deferred Revenue$53,112$452,726▲ $399,614
Total Liabilities$85,098,820$84,572,777▼ $526,043
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,513,592$10,409,117▲ $1,895,525
Total Net Assets Fund Balance$8,513,592$10,409,117▲ $1,895,525
Total Liabilities and Net Assets / Fund Balance$93,612,412$94,981,894▲ $1,369,482

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$41,437,603$13,285,914$54,723,517
Land$10,813,555-$10,813,555
Equipment$3,389,636$6,495,687$9,885,323
Leasehold Improvements$1,572,483$742,175$2,314,658
Other Assets Org$6,423,796--
Compensation and Service Providers
Top Officer Pay6th percentile

Board Members and Trustees

NameTitle
Ted HeapChairman
Carolyn SharetteExecutive Director
Casey CrellinCFO
Brad BlanchartMember
Thomas HortinMember
Stephanie HendersonSecretary
Thomas YoungTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Aj Carpet Cleaning And ServicesCarpet Cleaning3530 FEULNER DRIVE, West Valley City, UT 84128-
American Preparatory SchoolsManagement Services9123 PERUVIAN CIRCLE, Sandy, UT 84093-
One Source Property MaintenanceLandscaping40 W WOODLAND RIDGE CIRCLE, Woodland Hills, UT 84653-
Stoel RivesLegal201 SOUTH MAIN ST, Salt Lake City, UT 84111-
Revenue and Support

Revenue Composition

Contributions and Grants
$57,937,901
Program Service Revenue
$493,027
Investment Income
$1,194,962
Other Revenue
$0
All Other Contributions
$580,764
Change in Net Assets
$1,895,525

Audited Revenue Reconciliation

Revenue per Audited Statements
$59,625,890
Total Revenue per Audited Statements
$59,625,890
Total Revenue per Form 990
$59,625,890
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$36,811,877
Other Expenses$20,918,488
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$24,575,781$5,115,521-$29,691,302
Fees for Services Management-$7,808,683-$7,808,683
Other Employee Benefits$3,252,304$666,135-$3,918,439
Interest$2,977,290--$2,977,290
Depreciation Depletion$2,626,747--$2,626,747
Occupancy$2,356,106--$2,356,106
Payroll Taxes$1,807,069$370,123-$2,177,192
Pension Plan Contributions$850,704$174,240-$1,024,944
All Other Expenses$729,921--$729,921
Other Expenses$495,317$225,600-$495,317
Insurance$302,973--$302,973
Fees for Services Other$248,409$25,600-$274,009
Advertising$51,650--$51,650
Fees for Services Legal$41,539--$41,539
Total Functional Expenses$43,344,463$14,385,902$0$57,730,365

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$57,730,365
Total Expenses per Audited Statements$57,730,365
Total Expenses per Form 990$57,730,365
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
Lease Liability$1,636,972

Bond Issues

BondIssuerIssuedIssue PricePurpose
BUtah Charter School Finan2018-06-06$41,935,000SEE PART VI
AUtah Charter School Finan2015-07-08$29,590,000SEE PART VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$46,490,257---
A$29,590,000--$844,655

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
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Many fiscal and administrative services are performed by american preparatory services, inc.”

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

“Executive director and cfo review prior to filing”

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

“Management company develops the annual budget, including compensation of school employees. Approved by the board.”

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

“Management company develops the annual budget, including compensation of school employees. Approved by the board.”

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Utah Charter Academies Inc
EIN
68-0547532
Phone
8015538500
Address
12894 S PONY EXPRESS ROAD, DRAPER, UT 84020

Signing Officer

Name
Carolyn Sharette
Title
Executive Director
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolyn Sharette
Formed
2003
Legal Domicile
Ut
Voting Board Members
5
Independent Board Members
5
Employees
985
Volunteers
2,000

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/Form990PartVIISectionAGrp/TitleTxt6CFO
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IRS990/FormationYr02003
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IRS990/FSAuditedInd0true
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IRS990/GamingActivitiesInd0false
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IRS990/IndoorTanningServicesInd0false
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IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt0302973
IRS990/InsuranceGrp/TotalAmt0302973
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt02977290
IRS990/InterestGrp/TotalAmt02977290
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01194962
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01194962
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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt018093914
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt019102830
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt057973733
IRS990/LandBldgEquipBasisNetGrp/EOYAmt057213277
IRS990/LandBldgEquipCostOrOtherBssAmt077737053
IRS990/LegalDomicileStateCd0UT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ENSURE EACH STUDENT ACHIEVES MAXIMUM ACADEMIC SUCCESS BY TEACHING SKILLS TO MASTERY LEVELS, IMPARTING VALUABLE KNOWLEDGE, TRANSMITTING COMMON CULTURE THAT BINDS US AS A NATION, AND EXPOSING CHILDREN TO SUPREME EXAMPLES OF ARTISTIC AND INTELLECTUAL ACHIEVEMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04345643
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04223221
IRS990/NetAssetsOrFundBalancesBOYAmt08513592
IRS990/NetAssetsOrFundBalancesEOYAmt010409117
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08513592
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010409117
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt02356106
IRS990/OccupancyGrp/TotalAmt02356106
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt06423796
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0666135
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03252304
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03918439
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1OTHER PURCHASED SERVICES
IRS990/OtherExpensesGrp/Desc2TEXTBOOKS AND SOFTWARE
IRS990/OtherExpensesGrp/Desc3FOOD
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0225600
IRS990/OtherExpensesGrp/ProgramServicesAmt01433737
IRS990/OtherExpensesGrp/ProgramServicesAmt1945226
IRS990/OtherExpensesGrp/ProgramServicesAmt2649690
IRS990/OtherExpensesGrp/ProgramServicesAmt3495317
IRS990/OtherExpensesGrp/TotalAmt01659337
IRS990/OtherExpensesGrp/TotalAmt1945226
IRS990/OtherExpensesGrp/TotalAmt2649690
IRS990/OtherExpensesGrp/TotalAmt3495317
IRS990/OtherLiabilitiesGrp/BOYAmt01343302
IRS990/OtherLiabilitiesGrp/EOYAmt01636972
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05115521
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt024575781
IRS990/OtherSalariesAndWagesGrp/TotalAmt029691302
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0370123
IRS990/PayrollTaxesGrp/ProgramServicesAmt01807069
IRS990/PayrollTaxesGrp/TotalAmt02177192
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0174240
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0850704
IRS990/PensionPlanContributionsGrp/TotalAmt01024944
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0261447
IRS990/PrincipalOfficerNm0CAROLYN SHARETTE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DAYCARE FEES
IRS990/ProgramServiceRevenueGrp/Desc1SCHOOL LUNCH FEES
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT ACTIVITIES FEES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0129099
IRS990/ProgramServiceRevenueGrp/ExclusionAmt1363928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0129099
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1363928
IRS990/ProgSrvcAccomActy2Grp/Desc0TO OPERATE A SCHOOL LUNCH PROGRAM SERVING STUDENTS AND FACULTY.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt054652588
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0634925
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt019935665
IRS990/PYProgramServiceRevenueAmt01086520
IRS990/PYRevenuesLessExpensesAmt03692578
IRS990/PYSalariesCompEmpBnftPaidAmt032745790
IRS990/PYTotalExpensesAmt052681455
IRS990/PYTotalRevenueAmt056374033
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01895525
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt041437603
IRS990ScheduleD/BuildingsGrp/DepreciationAmt013285914
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt054723517
IRS990ScheduleD/EquipmentGrp/BookValueAmt03389636
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06495687
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09885323
IRS990ScheduleD/ExpensesSubtotalAmt057730365
IRS990ScheduleD/LandGrp/BookValueAmt010813555
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt010813555
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01572483
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0742175
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02314658
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06423796
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01636972
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt059625890
IRS990ScheduleD/TotalBookValueLandBuildingsAmt057213277
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06423796
IRS990ScheduleD/TotalBookValueSecuritiesAmt019102830
IRS990ScheduleD/TotalExpensesPerForm990Amt057730365
IRS990ScheduleD/TotalLiabilityAmt01636972
IRS990ScheduleD/TotalRevenuePerForm990Amt059625890
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt059625890
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt057730365
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 REV PROC 74-50 AS LONG AS THE SCHOOL'S CHARTER AGREEMENT WITH THE STATE OF UTAH REMAINS IN EFFECT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1SCH E - FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATIONTHE SCHOOL RECIEVES STATE AND FEDERAL GRANTS TO OPERATE.
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
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0SCHEDULE K - PURPOSE OF ISSUE DESCRIPTION UTAH CHARTER SCHOOL FINANCE AUTHORITYQUALIFIED SCHOOL CONSTRUCTION BONDS. UTAH CHARTER SCHOOL FINANCE AUTHORITYQUALIFIED SCHOOL CONSTRUCTION AND RETIRING OF OTHER DEBTS.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd1false
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$94,981,894
Liabilities
$84,572,777
Net assets
$10,409,117
Revenue
$59,625,890
Expenses
$57,730,365
Net income
$1,895,525
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$95.0$84.6$10.4$59.6$57.7$1.90
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$93.6$85.1$8.51$56.4$52.7$3.69
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$92.2$87.3$4.82$54.7$50.6$4.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$87.2$86.5$0.70$47.5$49.5$2.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$93.3$85.2$8.19$46.3$45.7$0.67
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$94.3$86.8$7.52$41.2$41.7$0.41
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$98.5$86.8$11.7$40.7$37.0$3.64
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.2$56.1$8.07$32.9$30.5$2.37
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.3$40.6$5.70$26.4$25.7$0.69
2015Detailed filing. Detailed filing data is available for this year.$15.2$10.2$5.01$23.7$23.0$0.68
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.1$9.82$4.33$22.9$21.9$0.99
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$9.37$3.33$14.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.8$9.11$2.66$11.7
2011Summary only. Only limited summary data is available for this year.$12.9$10.7$2.23$9.26$7.81$1.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.15$8.38$0.77$6.64