Civic Intelligence

Spectrum Academy

990 • Fiscal year 2020 • EIN 76-0817459

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

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

0.85x

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

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

78th percentile

1.18x

Higher debt load relative to revenue than 78% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

38th percentile

0.8%

Higher net margin than 38% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

23rd percentile

$152,623

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

23rd percentile

-0.5%

Faster asset growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

73rd percentile

15%

Faster revenue growth than 73% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$32,601,271

Down $166,520 (-0.5%) from 2019

Net Assets

Up

$4,731,061

Up $190,101 (+4.2%) from 2019

Liabilities

Down

$27,870,210

Down $356,621 (-1.3%) from 2019

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin38th percentile

Revenue

Up

$23,599,599

Up $3,083,201 (+15%) from 2019

Expenses

Up

$23,409,498

Up $3,158,974 (+16%) from 2019

Net Income

Down

$190,101

Down $75,773 (-28%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth23rd 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

2020

Assets$32,601,271
Liabilities$27,870,210
Net Assets$4,731,061
Open 2020 Filing

Operations Trend

Revenue Growth73rd 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

2020

Revenue$23,599,599
Expenses$23,409,498
Net Income$190,101
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
$23,621,409
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$27,150,884$26,707,512▼ $443,372
Savings and Temporary Cash Investments$2,888,345$3,016,199▲ $127,854
Cash and Non-Interest-Bearing Accounts$2,255,098$2,513,902▲ $258,804
Pledges and Grants Receivable$126,853$57,309▼ $69,544
Prepaid Expenses and Deferred Charges$8,406$21,153▲ $12,747
Accounts Receivable$2,937$2,965▲ $28
Total Assets$32,767,791$32,601,271▼ $166,520
Other Assets Total$335,268$282,231▼ $53,037
Liabilities
Tax Exempt Bond Liabilities$17,680,000$17,340,000▼ $340,000
Mortgage Notes Payable Secured by Investment Property$8,283,601$8,216,846▼ $66,755
Accounts Payable and Accrued Expenses$1,770,182$1,879,460▲ $109,278
Other Liabilities$493,048$433,904▼ $59,144
Total Liabilities$28,226,831$27,870,210▼ $356,621
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,540,960$4,731,061▲ $190,101
Total Net Assets Fund Balance$4,540,960$4,731,061▲ $190,101
Total Liabilities and Net Assets / Fund Balance$32,767,791$32,601,271▼ $166,520

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$23,119,339$2,928,762$26,048,101
Land$3,120,603-$3,120,603
Equipment$195,458$399,178$594,636
Leasehold Improvements$272,112$134,757$406,869
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jamie ChristensenDirectorFT$128,500$24,123$152,623
Brad NelsonProgram DireFT$128,500$14,672$143,172

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$23,246,627
Program Service Revenue
$245,001
Investment Income
$71,309
Other Revenue
$36,662
All Other Contributions
$282,957
Change in Net Assets
$190,101

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,599,599
Revenue Not Reported on Form 990
$21,810
Total Revenue per Audited Statements
$23,621,409
Total Revenue per Form 990
$23,599,599
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$18,679,415
Other Expenses$4,730,083
Total Fundraising Expense$76,631
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,690,460$1,739,596$103$14,430,159
Payroll Taxes$1,984,584--$1,984,584
Other Employee Benefits$1,148,611$445,132$1,857$1,595,600
Interest$1,317,590$191,952$4,953$1,514,495
Depreciation Depletion$675,154$98,359$2,538$776,051
Occupancy$412,377$2,261$58$414,696
Pension Plan Contributions$412,072--$412,072
Fees for Services Other-$363,795$162$363,957
Information Technology$243,321$15,059-$258,380
Current Officers, Directors, Trustees, and Key Employees$257,000--$257,000
Other Expenses$138,048$113,601$66,960$138,048
Conferences and Meetings$120,652--$120,652
Insurance$49,493--$49,493
Fees for Services Accounting-$41,231-$41,231
All Other Expenses$32,611--$32,611
Travel$32,394--$32,394
Advertising$17,612--$17,612
Office Expenses$6,483--$6,483
Total Functional Expenses$20,321,881$3,010,986$76,631$23,409,498

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$23,431,308
Expenses per Audited Statements$23,409,498
Total Expenses per Form 990$23,409,498
Expenses Not Reported on Form 990$21,810
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$44,162
Fundraising Direct Expenses$21,810
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fun Run$31,708$31,708$13,853$17,855
Glow Run$12,454$12,454$7,957$4,497
Total Events$44,162$44,162$21,810$22,352
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$433,904

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

Governance Explanations

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

“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
2021-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Nelson
Formed
2005
Legal Domicile
Ut
Voting Board Members
7
Independent Board Members
7
Employees
699
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 21,810 fundraising event expense -21,810”

Financial Statement Notes

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

“Fundraising event expense 21,810”

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

“Fundraising event expense 21,810”

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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt022352
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04540960
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04731061
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt058
IRS990/OccupancyGrp/ManagementAndGeneralAmt02261
IRS990/OccupancyGrp/ProgramServicesAmt0412377
IRS990/OccupancyGrp/TotalAmt0414696
IRS990/OfficeExpensesGrp/ProgramServicesAmt06483
IRS990/OfficeExpensesGrp/TotalAmt06483
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0335268
IRS990/OtherAssetsTotalGrp/EOYAmt0282231
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01857
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0445132
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01148611
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01595600
IRS990/OtherExpensesGrp/Desc0SUPPLIES & MATERIALS
IRS990/OtherExpensesGrp/Desc1TEXTBOOKS & EQUIPMENT
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3FOOD
IRS990/OtherExpensesGrp/FundraisingAmt066960
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0113601
IRS990/OtherExpensesGrp/ProgramServicesAmt0263955
IRS990/OtherExpensesGrp/ProgramServicesAmt1276257
IRS990/OtherExpensesGrp/ProgramServicesAmt2243207
IRS990/OtherExpensesGrp/ProgramServicesAmt3138048
IRS990/OtherExpensesGrp/TotalAmt0444516
IRS990/OtherExpensesGrp/TotalAmt1276257
IRS990/OtherExpensesGrp/TotalAmt2243207
IRS990/OtherExpensesGrp/TotalAmt3138048
IRS990/OtherLiabilitiesGrp/BOYAmt0493048
IRS990/OtherLiabilitiesGrp/EOYAmt0433904
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt014310
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014310
IRS990/OtherRevenueTotalAmt014310
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0103
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01739596
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt012690460
IRS990/OtherSalariesAndWagesGrp/TotalAmt014430159
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt01984584
IRS990/PayrollTaxesGrp/TotalAmt01984584
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0412072
IRS990/PensionPlanContributionsGrp/TotalAmt0412072
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0126853
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt057309
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08406
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021153
IRS990/PrincipalOfficerNm0BRAD NELSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITIES AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1LUNCH PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc2DAY CARE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0148273
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt162055
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt234673
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0148273
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt162055
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt234673
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF A DAY CARE AND PRESCHOOL SERVICES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt029437
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt034673
IRS990/ProgSrvcAccomActy3Grp/Desc0OPERATION OF A FOOD SERVICES PROGRAM FOR THE CONVENIENCE OF THE STUDENTS AND FACULTY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0185950
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt062055
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt020066510
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt068359
IRS990/PYOtherExpensesAmt04159224
IRS990/PYOtherRevenueAmt042263
IRS990/PYProgramServiceRevenueAmt0339266
IRS990/PYRevenuesLessExpensesAmt0265874
IRS990/PYSalariesCompEmpBnftPaidAmt016091300
IRS990/PYTotalExpensesAmt020250524
IRS990/PYTotalRevenueAmt020516398
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0190101
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0148273
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02888345
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03016199
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/BookValueAmt023119339
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02928762
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt026048101
IRS990ScheduleD/EquipmentGrp/BookValueAmt0195458
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0399178
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0594636
IRS990ScheduleD/ExpensesNotReportedAmt021810
IRS990ScheduleD/ExpensesSubtotalAmt023409498
IRS990ScheduleD/LandGrp/BookValueAmt03120603
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03120603
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0272112
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0134757
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0406869
IRS990ScheduleD/OtherExpensesIncludedAmt021810
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0433904
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOND PREMIUMS, NET
IRS990ScheduleD/OtherRevenueAmt021810
IRS990ScheduleD/RevenueNotReportedAmt021810
IRS990ScheduleD/RevenueSubtotalAmt023599599
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EVENT EXPENSE 21,810
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EVENT EXPENSE 21,810
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026707512
IRS990ScheduleD/TotalExpensesPerForm990Amt023409498
IRS990ScheduleD/TotalLiabilityAmt0433904
IRS990ScheduleD/TotalRevenuePerForm990Amt023599599
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt023621409
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt023431308
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/DirectExpenseSummaryEventsAmt021810
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUN RUN
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GLOW RUN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt031708
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012454
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt044162
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031708
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt012454
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt044162
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt022352
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt021810
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013853
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt07957
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0128500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt03960
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt020163
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JAMIE CHRISTENSEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0152623
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0UTAH CHARTER SCHOOL FINANCE AUTHORIT PURCHASE OF FACILITY AND LAND
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1UTAH CHARTER SCHOOL FINANCE AUTHORIT 12/16/17
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1DATE REBATE COMPUTATION PERFORMED
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$32,601,271
Liabilities
$27,870,210
Net assets
$4,731,061
Revenue
$23,599,599
Expenses
$23,409,498
Net income
$190,101
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
2020Detailed filing. Detailed filing data is available for this year.$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
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