Civic Intelligence

Spectrum Academy

990 • Fiscal year 2022 • EIN 76-0817459

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 24, 2023

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

90th percentile

0.89x

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

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

1.15x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

42nd percentile

3.2%

Higher net margin than 42% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

26th percentile

$165,282

Higher top officer pay than 26% of similar nonprofits.

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

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

37th percentile

-3.3%

Faster asset growth than 37% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

8.8%

Faster revenue growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$38,407,104

Down $1,324,532 (-3.3%) from 2021

Net Assets

Up

$4,242,024

Up $962,395 (+29%) from 2021

Liabilities

Down

$34,165,080

Down $2,286,927 (-6.3%) from 2021

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin42nd percentile

Revenue

Up

$29,729,025

Up $2,402,160 (+8.8%) from 2021

Expenses

Up

$28,766,630

Up $270,564 (+0.9%) from 2021

Net Income

Up

$962,395

Up $2,131,596 (+182%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth37th 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

2022

Assets$38,407,104
Liabilities$34,165,080
Net Assets$4,242,024
Open 2022 Filing

Operations Trend

Revenue Growth58th 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

2022

Revenue$29,729,025
Expenses$28,766,630
Net Income$962,395
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 24, 2023
Return Version
2021v4.0
Gross Receipts
$29,789,172
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$29,594,671$29,973,683▲ $379,012
Savings and Temporary Cash Investments$6,767,528$5,103,314▼ $1,664,214
Cash and Non-Interest-Bearing Accounts$3,176,431$2,688,342▼ $488,089
Pledges and Grants Receivable$137,010$602,849▲ $465,839
Prepaid Expenses and Deferred Charges$52,531$37,916▼ $14,615
Accounts Receivable$3,465$1,000▼ $2,465
Total Assets$39,731,636$38,407,104▼ $1,324,532
Liabilities
Tax Exempt Bond Liabilities$27,510,000$27,000,000▼ $510,000
Other Liabilities$3,890,802$3,752,626▼ $138,176
Accounts Payable and Accrued Expenses$4,938,523$3,118,036▼ $1,820,487
Mortgage Notes Payable Secured by Investment Property$112,682$294,418▲ $181,736
Total Liabilities$36,452,007$34,165,080▼ $2,286,927
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,279,629$4,242,024▲ $962,395
Total Net Assets Fund Balance$3,279,629$4,242,024▲ $962,395
Total Liabilities and Net Assets / Fund Balance$39,731,636$38,407,104▼ $1,324,532

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$26,087,889$4,369,857$30,457,746
Land$3,120,603-$3,120,603
Equipment$505,981$354,189$860,170
Leasehold Improvements$259,210$150,436$409,646
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jamie ChristensenExec Director - aFT$156,416$8,866$165,282
Jamie ChristensenExec Director - Academics-$156,416$8,866$165,282
Brad NelsonExec Director - FFT$147,351$7,146$154,497
Brad NelsonExec Director - Finance-$147,351$7,146$154,497

Board Members and Trustees

NameTitle
Amy LoertscherPresident
Bill CoxBoard Member
Chase AmesBoard Member
Chris NorlemBoard Member
Jennifer LeeBoard Member
Larry BethersBoard Member
Marney DevroomBoard Member
Marcy JohnsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$29,425,260
Program Service Revenue
$214,424
Investment Income
$19,489
Other Revenue
$69,852
All Other Contributions
$60,640
Change in Net Assets
$962,395

Audited Revenue Reconciliation

Revenue per Audited Statements
$29,729,025
Revenue Not Reported on Form 990
$49,234
Total Revenue per Audited Statements
$29,778,259
Total Revenue per Form 990
$29,729,025
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$23,235,649
Other Expenses$5,530,981
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$17,093,201$1,855,188-$18,948,389
Other Employee Benefits$1,326,019$495,515-$1,821,534
Payroll Taxes$1,388,378--$1,388,378
Interest$839,684$128,284-$967,968
Depreciation Depletion$861,134$49,132-$910,266
Occupancy$575,691$23,476-$599,167
Information Technology$416,042$142,934-$558,976
Current Officers, Directors, Trustees, and Key Employees-$557,047-$557,047
Pension Plan Contributions$520,301--$520,301
Fees for Services Other$211,924$226,616-$438,540
Other Expenses$234,591$293,724-$234,591
Conferences and Meetings$162,417--$162,417
All Other Expenses$128,617--$128,617
Fees for Services Accounting-$47,020-$47,020
Insurance$41,922--$41,922
Travel$27,478--$27,478
Office Expenses$26,220--$26,220
Advertising$16,576--$16,576
Total Functional Expenses$24,947,694$3,818,936$0$28,766,630

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$28,815,864
Expenses per Audited Statements$28,766,630
Total Expenses per Form 990$28,766,630
Expenses Not Reported on Form 990$49,234
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$93,204
Fundraising Direct Expenses$55,068
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraisers$93,204$93,204$55,068$38,136
Total Events$93,204$93,204$55,068$38,136
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$3,752,626

Bond Issues

BondIssuerIssuedIssue PricePurpose
AUtah Charter School Finance Authori2020-10-01$27,910,000Finance construction of facilities, retire a note payable, and advance refund series 2015 bonds.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$31,464,728-$24,066,701$588,925

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
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
Exec Director - Finance
Phone
8019360318
Signed
2023-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Nelson
Formed
2005
Legal Domicile
Ut
Voting Board Members
8
Independent Board Members
8
Employees
851
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 44,156 loss on disposal 5,078 fundraising event expense -44,156 loss on disposal -5,078”

Financial Statement Notes

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

“Fundraising event expense 44,156 loss on disposal 5,078”

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

“Fundraising event expense 44,156 loss on disposal 5,078”

Raw XML AppendixShowing 400 of 538 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/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO MANAGE, OPERATE, GUIDE, DIRECT, AND PROMOTE A PUBLIC CHARTER SCHOOL FUNDED BY LOCAL, STATE, AND FEDERAL SOURCES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0112682
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0294418
IRS990/NetAssetsOrFundBalancesBOYAmt03279629
IRS990/NetAssetsOrFundBalancesEOYAmt04242024
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-5079
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-5079
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt038136
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt038136
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03279629
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04242024
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt023476
IRS990/OccupancyGrp/ProgramServicesAmt0575691
IRS990/OccupancyGrp/TotalAmt0599167
IRS990/OfficeExpensesGrp/ProgramServicesAmt026220
IRS990/OfficeExpensesGrp/TotalAmt026220
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0495515
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01326019
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01821534
IRS990/OtherExpensesGrp/Desc0SUPPLIES & MATERIALS
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3TEXTBOOKS & EQUIPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0293724
IRS990/OtherExpensesGrp/ProgramServicesAmt0415354
IRS990/OtherExpensesGrp/ProgramServicesAmt1338841
IRS990/OtherExpensesGrp/ProgramServicesAmt2323304
IRS990/OtherExpensesGrp/ProgramServicesAmt3234591
IRS990/OtherExpensesGrp/TotalAmt0709078
IRS990/OtherExpensesGrp/TotalAmt1338841
IRS990/OtherExpensesGrp/TotalAmt2323304
IRS990/OtherExpensesGrp/TotalAmt3234591
IRS990/OtherLiabilitiesGrp/BOYAmt03890802
IRS990/OtherLiabilitiesGrp/EOYAmt03752626
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt031716
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt031716
IRS990/OtherRevenueTotalAmt031716
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01855188
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt017093201
IRS990/OtherSalariesAndWagesGrp/TotalAmt018948389
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt01388378
IRS990/PayrollTaxesGrp/TotalAmt01388378
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0520301
IRS990/PensionPlanContributionsGrp/TotalAmt0520301
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0137010
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0602849
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt052531
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037916
IRS990/PrincipalOfficerNm0BRAD NELSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITIES AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1DAY CARE FEES
IRS990/ProgramServiceRevenueGrp/Desc2LUNCH PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0173015
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt139985
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21424
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0173015
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt139985
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21424
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF A DAY CARE AND PRESCHOOL SERVICES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt061089
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt039985
IRS990/ProgSrvcAccomActy3Grp/Desc0OPERATION OF A FOOD SERVICES PROGRAM FOR THE CONVENIENCE OF THE STUDENTS AND FACULTY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0789084
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01424
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt027022541
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt029340
IRS990/PYOtherExpensesAmt07418504
IRS990/PYOtherRevenueAmt097925
IRS990/PYProgramServiceRevenueAmt0177059
IRS990/PYRevenuesLessExpensesAmt0-1169201
IRS990/PYSalariesCompEmpBnftPaidAmt021077562
IRS990/PYTotalExpensesAmt028496066
IRS990/PYTotalRevenueAmt027326865
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0962395
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0173015
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06767528
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05103314
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/BookValueAmt026087889
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04369857
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt030457746
IRS990ScheduleD/EquipmentGrp/BookValueAmt0505981
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0354189
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0860170
IRS990ScheduleD/ExpensesNotReportedAmt049234
IRS990ScheduleD/ExpensesSubtotalAmt028766630
IRS990ScheduleD/LandGrp/BookValueAmt03120603
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03120603
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0259210
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0150436
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0409646
IRS990ScheduleD/OtherExpensesIncludedAmt049234
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03752626
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOND PREMIUMS, NET
IRS990ScheduleD/OtherRevenueAmt049234
IRS990ScheduleD/RevenueNotReportedAmt049234
IRS990ScheduleD/RevenueSubtotalAmt029729025
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EVENT EXPENSE 44,156 LOSS ON DISPOSAL 5,078
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EVENT EXPENSE 44,156 LOSS ON DISPOSAL 5,078
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029973683
IRS990ScheduleD/TotalExpensesPerForm990Amt028766630
IRS990ScheduleD/TotalLiabilityAmt03752626
IRS990ScheduleD/TotalRevenuePerForm990Amt029729025
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt029778259
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt028815864
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/DirectExpenseSummaryEventsAmt055068
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISERS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt093204
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt093204
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt093204
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt093204
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt038136
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt055068
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt055068
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0156416
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1147351
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt04273
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt17121
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt04593
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt125
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JAMIE CHRISTENSEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1BRAD NELSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXEC DIR - ACADEMICS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EXEC DIR - FINANCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0165282
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1154497
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,407,104
Liabilities
$34,165,080
Net assets
$4,242,024
Revenue
$29,729,025
Expenses
$28,766,630
Net income
$962,395
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
2022Detailed filing. Detailed filing data is available for this year.$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
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