Civic Intelligence

Spectrum Academy

990 • Fiscal year 2019 • EIN 76-0817459

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 31, 2020

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

0.86x

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

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

82nd percentile

1.38x

Higher debt load relative to revenue than 82% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

42nd percentile

1.3%

Higher net margin than 42% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$148,094

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

63rd percentile

7.9%

Faster asset growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

83rd percentile

23%

Faster revenue growth than 83% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$32,767,791

Up $2,405,189 (+7.9%) from 2018

Net Assets

Up

$4,540,960

Up $265,874 (+6.2%) from 2018

Liabilities

Up

$28,226,831

Up $2,139,315 (+8.2%) from 2018

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin42nd percentile

Revenue

Up

$20,516,398

Up $3,867,269 (+23%) from 2018

Expenses

Up

$20,250,524

Up $4,797,810 (+31%) from 2018

Net Income

Down

$265,874

Down $930,541 (-78%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth63rd 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

2019

Assets$32,767,791
Liabilities$28,226,831
Net Assets$4,540,960
Open 2019 Filing

Operations Trend

Revenue Growth83rd 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

2019

Revenue$20,516,398
Expenses$20,250,524
Net Income$265,874
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 31, 2020
Return Version
2018v3.2
Gross Receipts
$20,568,829
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$19,586,194$27,150,884▲ $7,564,690
Savings and Temporary Cash Investments$2,532,374$2,888,345▲ $355,971
Cash and Non-Interest-Bearing Accounts$2,239,175$2,255,098▲ $15,923
Pledges and Grants Receivable$57,780$126,853▲ $69,073
Prepaid Expenses and Deferred Charges$28,600$8,406▼ $20,194
Accounts Receivable$3,807$2,937▼ $870
Total Assets$30,362,602$32,767,791▲ $2,405,189
Other Assets Total$5,914,672$335,268▼ $5,579,404
Liabilities
Tax Exempt Bond Liabilities$18,005,000$17,680,000▼ $325,000
Mortgage Notes Payable Secured by Investment Property$6,088,795$8,283,601▲ $2,194,806
Accounts Payable and Accrued Expenses$1,524,872$1,770,182▲ $245,310
Other Liabilities$468,849$493,048▲ $24,199
Total Liabilities$26,087,516$28,226,831▲ $2,139,315
Net Assets / Fund Balance
Unrestricted Net Assets$4,275,086$4,540,960▲ $265,874
Total Net Assets Fund Balance$4,275,086$4,540,960▲ $265,874
Total Liabilities and Net Assets / Fund Balance$30,362,602$32,767,791▲ $2,405,189

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$23,651,746$2,258,984$25,910,730
Land$3,120,603-$3,120,603
Equipment$263,990$313,646$577,636
Leasehold Improvements$114,545$114,016$228,561
Compensation and Service Providers
Top Officer Pay21st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jamie ChristensenDirectorFT$124,750$23,344$148,094
Brad NelsonProgram DireFT$124,750$11,803$136,553

Board Members and Trustees

NameTitle
Marney DevroomPresident
Amy LoertscherBoard Member
Dennis BullardBoard Member
Madi LeybaBoard Member
Marcy JohnsonSecretary
Jason SteenblikTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$20,066,510
Program Service Revenue
$339,266
Investment Income
$68,359
Other Revenue
$42,263
All Other Contributions
$138,442
Change in Net Assets
$265,874

Audited Revenue Reconciliation

Revenue per Audited Statements
$20,516,398
Revenue Not Reported on Form 990
$40,297
Total Revenue per Audited Statements
$20,556,695
Total Revenue per Form 990
$20,516,398
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$16,091,300
Other Expenses$4,159,224
Total Fundraising Expense$27,343
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,601,757$486,490$92$13,088,339
Other Employee Benefits$1,398,521$50,025$7$1,448,553
Interest$1,109,477$39,535$3,843$1,152,855
Payroll Taxes$939,607--$939,607
Depreciation Depletion$661,660$23,578$2,292$687,530
Occupancy$383,939$12,017$1,168$397,124
Pension Plan Contributions$365,301--$365,301
Fees for Services Other$230,604$51,450$1,314$283,368
Current Officers, Directors, Trustees, and Key Employees$249,500--$249,500
Information Technology$231,168$1,501$146$232,815
Other Expenses$179,149$7,946$18,481$179,149
Conferences and Meetings$103,318--$103,318
All Other Expenses$92,758--$92,758
Insurance$43,770--$43,770
Fees for Services Accounting-$23,300-$23,300
Office Expenses$21,502--$21,502
Travel$20,492--$20,492
Advertising$3,501--$3,501
Total Functional Expenses$19,527,339$695,842$27,343$20,250,524

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$20,290,821
Expenses per Audited Statements$20,250,524
Total Expenses per Form 990$20,250,524
Expenses Not Reported on Form 990$40,297
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$82,560
Fundraising Direct Expenses$40,297
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fun Run$31,194$31,194$11,589$19,605
Escape Room Eve$28,566$28,566$20,563$8,003
Total Events$82,560$82,560$40,297$42,263
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$493,048

Bond Issues

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

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
2020-01-31
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
631
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 40,297 fundraising event expense -40,297”

Financial Statement Notes

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

“Fundraising event expense 40,297”

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

“Fundraising event expense 40,297”

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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/FundraisingAmt01168
IRS990/OccupancyGrp/ManagementAndGeneralAmt012017
IRS990/OccupancyGrp/ProgramServicesAmt0383939
IRS990/OccupancyGrp/TotalAmt0397124
IRS990/OfficeExpensesGrp/ProgramServicesAmt021502
IRS990/OfficeExpensesGrp/TotalAmt021502
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05914672
IRS990/OtherAssetsTotalGrp/EOYAmt0335268
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt050025
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01398521
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01448553
IRS990/OtherExpensesGrp/Desc0SUPPLIES & MATERIALS
IRS990/OtherExpensesGrp/Desc1TEXTBOOKS & EQUIPMENT
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt018481
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07946
IRS990/OtherExpensesGrp/ProgramServicesAmt0353777
IRS990/OtherExpensesGrp/ProgramServicesAmt1273479
IRS990/OtherExpensesGrp/ProgramServicesAmt2264059
IRS990/OtherExpensesGrp/ProgramServicesAmt3179149
IRS990/OtherExpensesGrp/TotalAmt0380204
IRS990/OtherExpensesGrp/TotalAmt1273479
IRS990/OtherExpensesGrp/TotalAmt2264059
IRS990/OtherExpensesGrp/TotalAmt3179149
IRS990/OtherLiabilitiesGrp/BOYAmt0468849
IRS990/OtherLiabilitiesGrp/EOYAmt0493048
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt092
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0486490
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt012601757
IRS990/OtherSalariesAndWagesGrp/TotalAmt013088339
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0939607
IRS990/PayrollTaxesGrp/TotalAmt0939607
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0365301
IRS990/PensionPlanContributionsGrp/TotalAmt0365301
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt057780
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0126853
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028600
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08406
IRS990/PrincipalOfficerNm0BRAD NELSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITIES AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1LUNCH PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc2DAY CARE FEES
IRS990/ProgramServiceRevenueGrp/Desc3THERAPY SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0203008
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt170409
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt263261
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32588
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0203008
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt170409
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt263261
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32588
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF A DAY CARE AND PRESCHOOL SERVICES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt076144
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt063261
IRS990/ProgSrvcAccomActy3Grp/Desc0OPERATION OF A FOOD SERVICES PROGRAM FOR THE CONVENIENCE OF THE STUDENTS AND FACULTY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0379013
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt070409
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt02588
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt016273824
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt045292
IRS990/PYOtherExpensesAmt04024903
IRS990/PYOtherRevenueAmt041293
IRS990/PYProgramServiceRevenueAmt0288720
IRS990/PYRevenuesLessExpensesAmt01196415
IRS990/PYSalariesCompEmpBnftPaidAmt011427811
IRS990/PYTotalExpensesAmt015452714
IRS990/PYTotalRevenueAmt016649129
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0265874
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0203008
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02532374
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02888345
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/BookValueAmt023651746
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02258984
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt025910730
IRS990ScheduleD/EquipmentGrp/BookValueAmt0263990
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0313646
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0577636
IRS990ScheduleD/ExpensesNotReportedAmt040297
IRS990ScheduleD/ExpensesSubtotalAmt020250524
IRS990ScheduleD/LandGrp/BookValueAmt03120603
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03120603
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0114545
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0114016
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0228561
IRS990ScheduleD/OtherExpensesIncludedAmt040297
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0493048
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOND PREMIUMS, NET
IRS990ScheduleD/OtherRevenueAmt040297
IRS990ScheduleD/RevenueNotReportedAmt040297
IRS990ScheduleD/RevenueSubtotalAmt020516398
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EVENT EXPENSE 40,297
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EVENT EXPENSE 40,297
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027150884
IRS990ScheduleD/TotalExpensesPerForm990Amt020250524
IRS990ScheduleD/TotalLiabilityAmt0493048
IRS990ScheduleD/TotalRevenuePerForm990Amt020516398
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt020556695
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt020290821
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/DirectExpenseSummaryEventsAmt040297
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUN RUN
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ESCAPE ROOM EVE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt031194
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt028566
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt022800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt082560
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031194
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt028566
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt022800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt082560
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt042263
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt08145
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt040297
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011589
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt020563
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0UTAH CHARTER SCHOOL FINANCE AUTHORIT 12/16/17
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

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$32,767,791
Liabilities
$28,226,831
Net assets
$4,540,960
Revenue
$20,516,398
Expenses
$20,250,524
Net income
$265,874
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
2019Detailed filing. Detailed filing data is available for this year.$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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

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