Civic Intelligence

Spectrum Academy

990 • Fiscal year 2017 • EIN 76-0817459

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 26, 2018

Organization ProfileWWW.SPECTRUMCHARTER.ORG

View Organization Page

575 Cutler DriveNorth Salt Lake City, UT 84054

(801) 936-0318

Siviq Scores

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

Liabilities / Assets

88th percentile

0.87x

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

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

Liabilities / Revenue

83rd percentile

1.37x

Higher debt load relative to revenue than 83% of similar nonprofits.

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

Net Margin

71st percentile

12%

Higher net margin than 71% of similar nonprofits.

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

Top Officer Pay

35th percentile

$134,951

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

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

Asset Growth

55th percentile

6.0%

Faster asset growth than 55% of similar nonprofits.

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

Revenue Growth

80th percentile

27%

Faster revenue growth than 80% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$23,267,409

Up $1,323,709 (+6.0%) from 2016

Net Assets

Up

$3,078,671

Up $1,787,174 (+138%) from 2016

Liabilities

Down

$20,188,738

Down $463,465 (-2.2%) from 2016

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin71st percentile

Revenue

Up

$14,690,276

Up $3,164,637 (+27%) from 2016

Expenses

Up

$12,903,102

Up $1,676,214 (+15%) from 2016

Net Income

Up

$1,787,174

Up $1,488,423 (+498%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$60M$40M$20M$0Assets 2011: $4,792,740Liabilities 2011: $4,297,294Net Assets 2011: $495,4462011Assets 2012: $4,634,693Liabilities 2012: $4,384,388Net Assets 2012: $250,3052012Assets 2013: $5,646,623Liabilities 2013: $4,961,797Net Assets 2013: $684,8262013Assets 2014: $12,342,872Liabilities 2014: $11,551,748Net Assets 2014: $791,1242014Assets 2015: $12,745,985Liabilities 2015: $11,804,572Net Assets 2015: $941,4132015Assets 2016: $21,943,700Liabilities 2016: $20,652,203Net Assets 2016: $1,291,4972016Assets 2017: $23,267,409Liabilities 2017: $20,188,738Net Assets 2017: $3,078,6712017Assets 2018: $30,362,602Liabilities 2018: $26,087,516Net Assets 2018: $4,275,0862018Assets 2019: $32,767,791Liabilities 2019: $28,226,831Net Assets 2019: $4,540,9602019Assets 2020: $32,601,271Liabilities 2020: $27,870,210Net Assets 2020: $4,731,0612020Assets 2021: $39,731,636Liabilities 2021: $36,452,007Net Assets 2021: $3,279,6292021Assets 2022: $38,407,104Liabilities 2022: $34,165,080Net Assets 2022: $4,242,0242022Assets 2023: $48,677,296Liabilities 2023: $43,201,946Net Assets 2023: $5,475,3502023Assets 2024: $48,256,762Liabilities 2024: $41,464,964Net Assets 2024: $6,791,7982024Assets 2025: $48,198,291Liabilities 2025: $40,723,795Net Assets 2025: $7,474,4962025

Highlighted filing

2017

Assets$23,267,409
Liabilities$20,188,738
Net Assets$3,078,671
Open 2017 Filing

Operations Trend

Revenue Growth80th percentile

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

$40M$30M$20M$10M$0-$10MExpenses 2011: $3,220,0022011Expenses 2012: $3,796,1272012Revenue 2013: $5,414,171Expenses 2013: $4,979,650Net Income 2013: $434,5212013Revenue 2014: $5,823,044Expenses 2014: $5,716,746Net Income 2014: $106,2982014Revenue 2015: $9,747,182Expenses 2015: $9,596,893Net Income 2015: $150,2892015Revenue 2016: $11,525,639Expenses 2016: $11,226,888Net Income 2016: $298,7512016Revenue 2017: $14,690,276Expenses 2017: $12,903,102Net Income 2017: $1,787,1742017Revenue 2018: $16,649,129Expenses 2018: $15,452,714Net Income 2018: $1,196,4152018Revenue 2019: $20,516,398Expenses 2019: $20,250,524Net Income 2019: $265,8742019Revenue 2020: $23,599,599Expenses 2020: $23,409,498Net Income 2020: $190,1012020Revenue 2021: $27,326,865Expenses 2021: $28,496,066Net Income 2021: -$1,169,2012021Revenue 2022: $29,729,025Expenses 2022: $28,766,630Net Income 2022: $962,3952022Revenue 2023: $32,871,634Expenses 2023: $31,638,308Net Income 2023: $1,233,3262023Revenue 2024: $36,630,319Expenses 2024: $35,313,871Net Income 2024: $1,316,4482024Revenue 2025: $37,530,113Expenses 2025: $36,847,415Net Income 2025: $682,6982025

Highlighted filing

2017

Revenue$14,690,276
Expenses$12,903,102
Net Income$1,787,174
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 26, 2018
Return Version
2016v3.0
Gross Receipts
$14,714,451
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$16,265,165$18,671,030▲ $2,405,865
Savings and Temporary Cash Investments$4,165,950$2,465,601▼ $1,700,349
Cash and Non-Interest-Bearing Accounts$554,523$1,768,498▲ $1,213,975
Pledges and Grants Receivable$557,562$15,692▼ $541,870
Prepaid Expenses and Deferred Charges$62,819$8,406▼ $54,413
Accounts Receivable$9,990$2,914▼ $7,076
Total Assets$21,943,700$23,267,409▲ $1,323,709
Other Assets Total$327,691$335,268▲ $7,577
Liabilities
Tax Exempt Bond Liabilities$18,620,000$18,320,000▼ $300,000
Accounts Payable and Accrued Expenses$1,479,242$1,189,238▼ $290,004
Other Liabilities$503,794$505,264▲ $1,470
Mortgage Notes Payable Secured by Investment Property$49,167$174,236▲ $125,069
Total Liabilities$20,652,203$20,188,738▼ $463,465
Net Assets / Fund Balance
Unrestricted Net Assets$1,291,497$3,078,671▲ $1,787,174
Total Net Assets Fund Balance$1,291,497$3,078,671▲ $1,787,174
Total Liabilities and Net Assets / Fund Balance$21,943,700$23,267,409▲ $1,323,709

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,353,377$1,252,461$17,605,838
Land$1,975,000-$1,975,000
Equipment$257,450$285,163$542,613
Leasehold Improvements$85,203$92,779$177,982
Compensation and Service Providers
Top Officer Pay35th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jamie ChristensenDirectorFT$119,423$15,528$134,951
Brad NelsonProgram DireFT$119,423$4,758$124,181

Board Members and Trustees

NameTitle
Marney DevroomPresident
Jana GoldBoard Member
Madi LeybaBoard Member
Marcy JohnsonSecretary
Nicolas WrightTreasurer
Dennis BullardVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$14,314,832
Program Service Revenue
$303,098
Investment Income
$32,668
Other Revenue
$39,678
All Other Contributions
$83,390
Change in Net Assets
$1,787,174

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,690,276
Revenue Not Reported on Form 990
$24,139
Total Revenue per Audited Statements
$14,714,415
Total Revenue per Form 990
$14,690,276
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,889,102
Other Expenses$3,014,000
Total Fundraising Expense$43,174
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,754,726$290,665$30$8,045,421
Interest$822,004$28,730$2,851$853,585
Other Employee Benefits$772,943--$772,943
Payroll Taxes$590,245--$590,245
Depreciation Depletion$417,123$14,579$1,447$433,149
Fees for Services Other$306,263$56,802$44$363,109
Occupancy$308,353$8,411$834$317,598
Pension Plan Contributions$211,720$29,922$5$241,647
Current Officers, Directors, Trustees, and Key Employees$238,846--$238,846
Information Technology$235,617--$235,617
Other Expenses$82,810$5,933$37,957$82,810
All Other Expenses$69,330$64$6$69,400
Conferences and Meetings$28,728--$28,728
Fees for Services Accounting$26,421--$26,421
Office Expenses$21,525--$21,525
Travel$20,250--$20,250
Insurance$13,192--$13,192
Advertising$4,693--$4,693
Fees for Services Legal$350--$350
Total Functional Expenses$12,424,822$435,106$43,174$12,903,102

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,927,241
Expenses per Audited Statements$12,903,102
Total Expenses per Form 990$12,903,102
Expenses Not Reported on Form 990$24,139
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$63,700
Fundraising Direct Expenses$24,139
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$33,052$33,052$15,184$17,868
Fun Run$25,808$25,808$6,392$19,416
Total Events$58,860$58,860$21,576$37,284
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 Premiums, Net$505,264

Bond Issues

BondIssuerIssuedIssue PricePurpose
AUtah Charter School Finance Authori2015-10-22$19,165,443Purchase facility and equipment.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$19,165,443--$383,078

Bond Financing Compliance

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Management reviews, but board doesn't review prior to filing.”

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

“Management and the board regularly monitor and enforce the school's conflict of interest policy.”

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

“The board annually reviews and approves pay rates and pay scales.”

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

“The board annually reviews and approves pay rates and pay scales.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and form 990 available upon request.”

Filing and Contact Details

Filer

Filer Name
Spectrum Academy
EIN
76-0817459
Phone
8019360318
Address
575 CUTLER DRIVE, NORTH SALT LAKE CITY, UT 84054

Signing Officer

Name
Brad Nelson
Title
Program Director
Phone
8019360318
Signed
2018-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Nelson
Formed
2005
Legal Domicile
Ut
Voting Board Members
6
Independent Board Members
6
Employees
410
Volunteers
150

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

“Fundraising event expense 24,139 fundraising event expense -24,139”

Financial Statement Notes

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

“Fundraising event expense 24,139”

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

“Fundraising event expense 24,139”

Raw XML AppendixShowing 400 of 517 raw XML fields

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

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IRS990/OccupancyGrp/ManagementAndGeneralAmt08411
IRS990/OccupancyGrp/ProgramServicesAmt0308353
IRS990/OccupancyGrp/TotalAmt0317598
IRS990/OfficeExpensesGrp/ProgramServicesAmt021525
IRS990/OfficeExpensesGrp/TotalAmt021525
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0327691
IRS990/OtherAssetsTotalGrp/EOYAmt0335268
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0772943
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0772943
IRS990/OtherExpensesGrp/Desc0SUPPLIES & MATERIALS
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2TEXTBOOKS & EQUIPMENT
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt037957
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05933
IRS990/OtherExpensesGrp/ProgramServicesAmt0173063
IRS990/OtherExpensesGrp/ProgramServicesAmt1171788
IRS990/OtherExpensesGrp/ProgramServicesAmt2154832
IRS990/OtherExpensesGrp/ProgramServicesAmt382810
IRS990/OtherExpensesGrp/TotalAmt0216953
IRS990/OtherExpensesGrp/TotalAmt1171788
IRS990/OtherExpensesGrp/TotalAmt2154832
IRS990/OtherExpensesGrp/TotalAmt382810
IRS990/OtherLiabilitiesGrp/BOYAmt0503794
IRS990/OtherLiabilitiesGrp/EOYAmt0505264
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0117
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0117
IRS990/OtherRevenueTotalAmt0117
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt030
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0290665
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07754726
IRS990/OtherSalariesAndWagesGrp/TotalAmt08045421
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0590245
IRS990/PayrollTaxesGrp/TotalAmt0590245
IRS990/PensionPlanContributionsGrp/FundraisingAmt05
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt029922
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0211720
IRS990/PensionPlanContributionsGrp/TotalAmt0241647
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0557562
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt015692
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt062819
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08406
IRS990/PrincipalOfficerNm0BRAD NELSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITIES AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1DAY CARE FEES
IRS990/ProgramServiceRevenueGrp/Desc2LUNCH PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc3THERAPY SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0182487
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt148733
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt244350
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt327528
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0182487
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt148733
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt244350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt327528
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF A DAY CARE AND PRESCHOOL SERVICES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt057119
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt048733
IRS990/ProgSrvcAccomActy3Grp/Desc0OPERATION OF A FOOD SERVICES PROGRAM FOR THE CONVENIENCE OF THE STUDENTS AND FACULTY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0227506
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt044350
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt011208230
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt028716
IRS990/PYOtherExpensesAmt02882889
IRS990/PYOtherRevenueAmt048607
IRS990/PYProgramServiceRevenueAmt0240086
IRS990/PYRevenuesLessExpensesAmt0298751
IRS990/PYSalariesCompEmpBnftPaidAmt08343999
IRS990/PYTotalExpensesAmt011226888
IRS990/PYTotalRevenueAmt011525639
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01787174
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0210015
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04165950
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02465601
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/BookValueAmt016353377
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01252461
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt017605838
IRS990ScheduleD/EquipmentGrp/BookValueAmt0257450
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0285163
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0542613
IRS990ScheduleD/ExpensesNotReportedAmt024139
IRS990ScheduleD/ExpensesSubtotalAmt012903102
IRS990ScheduleD/LandGrp/BookValueAmt01975000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01975000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt085203
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt092779
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0177982
IRS990ScheduleD/OtherExpensesIncludedAmt024139
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0505264
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOND PREMIUMS, NET
IRS990ScheduleD/OtherRevenueAmt024139
IRS990ScheduleD/RevenueNotReportedAmt024139
IRS990ScheduleD/RevenueSubtotalAmt014690276
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EVENT EXPENSE 24,139
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EVENT EXPENSE 24,139
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018671030
IRS990ScheduleD/TotalExpensesPerForm990Amt012903102
IRS990ScheduleD/TotalLiabilityAmt0505264
IRS990ScheduleD/TotalRevenuePerForm990Amt014690276
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014714415
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012927241
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 ORGANIZATION 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 ORGANIZATION RECEIVES STATE AND FEDERAL GRANTS TO OPERATE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt021576
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FUN RUN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt033052
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt025808
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt058860
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt033052
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt025808
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt058860
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt037284
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt021576
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015184
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06392
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0UTAH CHARTER SCHOOL FINANCE AUTHORIT 12/17/17
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE K - DATE REBATE COMPUTATION PERFORMED
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02015-10-22
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0261275269
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum091754TNF6
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt019165443
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0UTAH CHARTER SCHOOL FINANCE AUTHORI
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine2Txt0UTAH CHARTER SCHOOL FINANCE AUTH
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$23,267,409
Liabilities
$20,188,738
Net assets
$3,078,671
Revenue
$14,690,276
Expenses
$12,903,102
Net income
$1,787,174
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.2$40.7$7.47$37.5$36.8$0.68
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.3$41.5$6.79$36.6$35.3$1.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.7$43.2$5.48$32.9$31.6$1.23
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.4$34.2$4.24$29.7$28.8$0.96
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.7$36.5$3.28$27.3$28.5$1.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.6$27.9$4.73$23.6$23.4$0.19
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.8$28.2$4.54$20.5$20.3$0.27
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.4$26.1$4.28$16.6$15.5$1.20
2017Detailed filing. Detailed filing data is available for this year.$23.3$20.2$3.08$14.7$12.9$1.79
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.9$20.7$1.29$11.5$11.2$0.30
2015Detailed filing. Detailed filing data is available for this year.$12.7$11.8$0.94$9.75$9.60$0.15
2014Detailed filing. Detailed filing data is available for this year.$12.3$11.6$0.79$5.82$5.72$0.11
2013Summary only. Only limited summary data is available for this year.$5.65$4.96$0.68$5.41$4.98$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.63$4.38$0.25$3.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.79$4.30$0.50$3.22