Civic Intelligence

Franklin Discovery Academy - Vineyard

990 • Fiscal year 2020 • EIN 81-2710886

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 22, 2021

Organization ProfileWWW.FRANKLINDISCOVERY.ORG

View Organization Page

320 E Gammon RoadVineyard, UT 84058

(801) 785-6500

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.02x

Higher debt load relative to assets than 93% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

2.94x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

42nd percentile

1.6%

Higher net margin than 42% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

22nd percentile

$96,458

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

40th percentile

3.5%

Faster asset growth than 40% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

70th percentile

13%

Faster revenue growth than 70% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$12,873,443

Up $436,673 (+3.5%) from 2019

Net Assets

Up

-$203,906

Up $70,377 (+26%) from 2019

Liabilities

Up

$13,077,349

Up $366,296 (+2.9%) from 2019

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin42nd percentile

Revenue

Up

$4,443,511

Up $515,416 (+13%) from 2019

Expenses

Up

$4,373,134

Up $476,631 (+12%) from 2019

Net Income

Up

$70,377

Up $38,785 (+123%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2017: $7,997,845Liabilities 2017: $8,346,858Net Assets 2017: -$349,0132017Assets 2018: $7,852,893Liabilities 2018: $8,158,768Net Assets 2018: -$305,8752018Assets 2019: $12,436,770Liabilities 2019: $12,711,053Net Assets 2019: -$274,2832019Assets 2020: $12,873,443Liabilities 2020: $13,077,349Net Assets 2020: -$203,9062020Assets 2021: $13,165,290Liabilities 2021: $12,893,605Net Assets 2021: $271,6852021Assets 2022: $13,357,125Liabilities 2022: $12,825,718Net Assets 2022: $531,4072022Assets 2023: $13,855,722Liabilities 2023: $13,286,142Net Assets 2023: $569,5802023Assets 2024: $14,303,794Liabilities 2024: $13,194,662Net Assets 2024: $1,109,1322024Assets 2025: $15,292,176Liabilities 2025: $13,389,319Net Assets 2025: $1,902,8572025

Highlighted filing

2020

Assets$12,873,443
Liabilities$13,077,349
Net Assets-$203,906
Open 2020 Filing

Operations Trend

Revenue Growth70th percentile

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

$10M$5.0M$0-$5.0MRevenue 2017: $3,262,421Expenses 2017: $3,423,433Net Income 2017: -$161,0122017Revenue 2018: $3,547,178Expenses 2018: $3,504,040Net Income 2018: $43,1382018Revenue 2019: $3,928,095Expenses 2019: $3,896,503Net Income 2019: $31,5922019Revenue 2020: $4,443,511Expenses 2020: $4,373,134Net Income 2020: $70,3772020Revenue 2021: $5,729,659Expenses 2021: $5,254,068Net Income 2021: $475,5912021Revenue 2022: $5,864,117Expenses 2022: $5,604,395Net Income 2022: $259,7222022Revenue 2023: $6,764,898Expenses 2023: $6,726,725Net Income 2023: $38,1732023Revenue 2024: $7,872,655Expenses 2024: $7,333,103Net Income 2024: $539,5522024Revenue 2025: $8,224,159Expenses 2025: $7,430,434Net Income 2025: $793,7252025

Highlighted filing

2020

Revenue$4,443,511
Expenses$4,373,134
Net Income$70,377
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 22, 2021
Return Version
2019v5.0
Gross Receipts
$4,443,511
Mission and Program Overview

Mission

None

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$11,618,679$11,537,664▼ $81,015
Cash and Non-Interest-Bearing Accounts$438,096$780,316▲ $342,220
Savings and Temporary Cash Investments$311,856$493,099▲ $181,243
Pledges and Grants Receivable$59,438$30,465▼ $28,973
Accounts Receivable$1,944$23,099▲ $21,155
Prepaid Expenses and Deferred Charges$6,757$8,800▲ $2,043
Total Assets$12,436,770$12,873,443▲ $436,673
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,430,415$12,406,125▼ $24,290
Unsecured Notes Loans Payable$90,833$438,790▲ $347,957
Accounts Payable and Accrued Expenses$189,805$215,720▲ $25,915
Deferred Revenue-$16,714-
Total Liabilities$12,711,053$13,077,349▲ $366,296
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-274,283$-203,906▲ $70,377
Total Net Assets Fund Balance$-274,283$-203,906▲ $70,377
Total Liabilities and Net Assets / Fund Balance$12,436,770$12,873,443▲ $436,673

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,051,461$1,218,469$10,269,930
Land$2,421,910-$2,421,910
Equipment$64,293$17,128$81,421
Compensation and Service Providers
Top Officer Pay22nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Trudy JackExecutive DiFT$87,958$8,500$96,458

Board Members and Trustees

NameTitle
Cindy BusardChair
Andy MonsonBoard Member
Erin UdaBoard Member
Matthew BridgstockBoard Member
Jennifer PriceCAO
Naya PuntsagTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,322,254
Program Service Revenue
$85,321
Investment Income
$592
Other Revenue
$35,344
All Other Contributions
$21,054
Change in Net Assets
$70,377

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,443,511
Total Revenue per Audited Statements
$4,443,511
Total Revenue per Form 990
$4,443,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,491,269
Other Expenses$1,881,865
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,665,188$405,793-$2,070,981
Interest$593,333$136,964-$730,297
Depreciation Depletion$279,792$64,587-$344,379
Payroll Taxes$158,603--$158,603
Other Employee Benefits$78,780$72,706-$151,486
Occupancy$93,801$33,120-$126,921
Fees for Services Other$80,766$42,397-$123,163
Information Technology$99,466--$99,466
Current Officers, Directors, Trustees, and Key Employees$87,958--$87,958
Other Expenses$44,712$1,698-$44,712
Pension Plan Contributions$22,241--$22,241
Insurance$18,745--$18,745
Fees for Services Accounting-$15,500-$15,500
All Other Expenses$12,595--$12,595
Travel$12,520--$12,520
Office Expenses$11,307--$11,307
Fees for Services Legal-$5,000-$5,000
Advertising$1,634--$1,634
Total Functional Expenses$3,552,973$820,161$0$4,373,134

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,373,134
Total Expenses per Audited Statements$4,373,134
Total Expenses per Form 990$4,373,134
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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

“Reviewed as part of regularly scheduled board meeting.”

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

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

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

“The board compares salaries to local school districts. The board approves all salaries and compensation.”

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

“The board compares salaries to local school districts. The board approves all salaries and compensation.”

Form 990, Page 6, Part VI, Line 19

“Governing documents made available upon request.”

Filing and Contact Details

Filer

Filer Name
Franklin Discovery Academy -
EIN
81-2710886
Phone
8017856500
Address
320 E GAMMON ROAD, VINEYARD, UT 84058

Signing Officer

Name
Trudy Jack
Title
Executive Director
Phone
8017856500
Signed
2021-01-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Trudy Jack
Formed
2016
Legal Domicile
Ut
Voting Board Members
5
Independent Board Members
5
Employees
177
Volunteers
280

Preparer

Firm
Squire & Company Pc
Address
1329 SOUTH 800 EAST, OREM, UT 84097-7737
Preparer
M Paul Winward CPA
Phone
8012256900
Raw XML Appendix396 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0189805
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0215720
IRS990/AccountsReceivableGrp/BOYAmt01944
IRS990/AccountsReceivableGrp/EOYAmt023099
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO MANAGE, OPERATE, GUIDE, DIRECT, AND PROMOTE A PUBLIC CHARTER SCHOOL FUNDED BY LOCAL, STATE, AND FEDERAL SOURCES.
IRS990/AdvertisingGrp/ProgramServicesAmt01634
IRS990/AdvertisingGrp/TotalAmt01634
IRS990/AllOtherContributionsAmt021054
IRS990/AllOtherExpensesGrp/ProgramServicesAmt012595
IRS990/AllOtherExpensesGrp/TotalAmt012595
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0SAM URIE
IRS990/BooksInCareOfDetail/PhoneNum08017856500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0320 EAST GAMMON ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0VINEYARD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd084058
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0438096
IRS990/CashNonInterestBearingGrp/EOYAmt0780316
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt087958
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt087958
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04322254
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0592
IRS990/CYOtherExpensesAmt01881865
IRS990/CYOtherRevenueAmt035344
IRS990/CYProgramServiceRevenueAmt085321
IRS990/CYRevenuesLessExpensesAmt070377
IRS990/CYSalariesCompEmpBnftPaidAmt02491269
IRS990/CYTotalExpensesAmt04373134
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04443511
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt016714
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt064587
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0279792
IRS990/DepreciationDepletionGrp/TotalAmt0344379
IRS990/Desc0OPERATION OF ONE PUBLIC CHARTER SCHOOL FOR STUDENTS FROM KINDERGARTEN THROUGH SIXTH GRADE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0177
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03174068
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015500
IRS990/FeesForServicesAccountingGrp/TotalAmt015500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05000
IRS990/FeesForServicesLegalGrp/TotalAmt05000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt042397
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt080766
IRS990/FeesForServicesOtherGrp/TotalAmt0123163
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt620.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt08500
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0TRUDY JACK
IRS990/Form990PartVIISectionAGrp/PersonNm1MATTHEW BRIDGSTOCK
IRS990/Form990PartVIISectionAGrp/PersonNm2CINDY BUSARD
IRS990/Form990PartVIISectionAGrp/PersonNm3ANDY MONSON
IRS990/Form990PartVIISectionAGrp/PersonNm4NAYA PUNTSAG
IRS990/Form990PartVIISectionAGrp/PersonNm5ERIN UDA
IRS990/Form990PartVIISectionAGrp/PersonNm6JENNIFER PRICE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt087958
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CAO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt04301200
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04443511
IRS990/GrossRentsGrp/RealAmt030450
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt099466
IRS990/InformationTechnologyGrp/TotalAmt099466
IRS990/InsuranceGrp/ProgramServicesAmt018745
IRS990/InsuranceGrp/TotalAmt018745
IRS990/InterestGrp/ManagementAndGeneralAmt0136964
IRS990/InterestGrp/ProgramServicesAmt0593333
IRS990/InterestGrp/TotalAmt0730297
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0592
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0592
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01235597
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011618679
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011537664
IRS990/LandBldgEquipCostOrOtherBssAmt012773261
IRS990/LegalDomicileStateCd0UT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
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/BOYAmt012430415
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt012406125
IRS990/NetAssetsOrFundBalancesBOYAmt0-274283
IRS990/NetAssetsOrFundBalancesEOYAmt0-203906
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt030450
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt030450
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-274283
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-203906
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt033120
IRS990/OccupancyGrp/ProgramServicesAmt093801
IRS990/OccupancyGrp/TotalAmt0126921
IRS990/OfficeExpensesGrp/ProgramServicesAmt011307
IRS990/OfficeExpensesGrp/TotalAmt011307
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt072706
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt078780
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0151486
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3TEXTBOOKS AND EQUIPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt042396
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11698
IRS990/OtherExpensesGrp/ProgramServicesAmt088010
IRS990/OtherExpensesGrp/ProgramServicesAmt1120872
IRS990/OtherExpensesGrp/ProgramServicesAmt282650
IRS990/OtherExpensesGrp/ProgramServicesAmt344712
IRS990/OtherExpensesGrp/TotalAmt0130406
IRS990/OtherExpensesGrp/TotalAmt1120872
IRS990/OtherExpensesGrp/TotalAmt284348
IRS990/OtherExpensesGrp/TotalAmt344712
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04894
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04894
IRS990/OtherRevenueTotalAmt04894
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0405793
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01665188
IRS990/OtherSalariesAndWagesGrp/TotalAmt02070981
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0158603
IRS990/PayrollTaxesGrp/TotalAmt0158603
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt022241
IRS990/PensionPlanContributionsGrp/TotalAmt022241
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt059438
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt030465
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06757
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08800
IRS990/PrincipalOfficerNm0TRUDY JACK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt085321
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt085321
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF A FOOD SERVICE PROGRAM TO BENEFIT STUDENTS AND FACULTY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0378905
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt085321
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03793662
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0132
IRS990/PYOtherExpensesAmt01695390
IRS990/PYOtherRevenueAmt044832
IRS990/PYProgramServiceRevenueAmt089469
IRS990/PYRevenuesLessExpensesAmt031592
IRS990/PYSalariesCompEmpBnftPaidAmt02201113
IRS990/PYTotalExpensesAmt03896503
IRS990/PYTotalRevenueAmt03928095
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt070377
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt030450
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0311856
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0493099
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt09051461
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01218469
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010269930
IRS990ScheduleD/EquipmentGrp/BookValueAmt064293
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017128
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt081421
IRS990ScheduleD/ExpensesSubtotalAmt04373134
IRS990ScheduleD/LandGrp/BookValueAmt02421910
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02421910
IRS990ScheduleD/RevenueSubtotalAmt04443511
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011537664
IRS990ScheduleD/TotalExpensesPerForm990Amt04373134
IRS990ScheduleD/TotalRevenuePerForm990Amt04443511
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04443511
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04373134
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/ExplanationTxt0THE SCHOOL IS EXCUSED FROM FORMAL COMPLIANCE WITH THE 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 THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED AS PART OF REGULARLY SCHEDULED BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS AND MANAGEMENT REGULARLY MONITOR AND ENFORCE THE SCHOOL'S CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD COMPARES SALARIES TO LOCAL SCHOOL DISTRICTS. THE BOARD APPROVES ALL SALARIES AND COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD COMPARES SALARIES TO LOCAL SCHOOL DISTRICTS. THE BOARD APPROVES ALL SALARIES AND COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt012436770
IRS990/TotalAssetsEOYAmt012873443
IRS990/TotalAssetsGrp/BOYAmt012436770
IRS990/TotalAssetsGrp/EOYAmt012873443
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04322254
IRS990/TotalEmployeeCnt0177
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0820161
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03552973
IRS990/TotalFunctionalExpensesGrp/TotalAmt04373134
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012711053
IRS990/TotalLiabilitiesEOYAmt013077349
IRS990/TotalLiabilitiesGrp/BOYAmt012711053
IRS990/TotalLiabilitiesGrp/EOYAmt013077349
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-274283
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-203906
IRS990/TotalOtherCompensationAmt08500
IRS990/TotalProgramServiceExpensesAmt03552973
IRS990/TotalProgramServiceRevenueAmt085321
IRS990/TotalReportableCompFromOrgAmt087958
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0121257
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04443511
IRS990/TotalVolunteersCnt0280
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012436770
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012873443
IRS990/TravelGrp/ProgramServicesAmt012520
IRS990/TravelGrp/TotalAmt012520
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt090833
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0438790
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0320 E GAMMON ROAD
IRS990/USAddress/CityNm0VINEYARD
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084058
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.FRANKLINDISCOVERY.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TRUDY JACK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08017856500
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKLIN DISCOVERY ACADEMY -
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0VINEYARD
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0812710886
ReturnHeader/Filer/PhoneNum08017856500
ReturnHeader/Filer/USAddress/AddressLine1Txt0320 E GAMMON ROAD
ReturnHeader/Filer/USAddress/CityNm0VINEYARD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084058
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0870343246
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SQUIRE & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01329 SOUTH 800 EAST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OREM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0840977737
ReturnHeader/PreparerPersonGrp/PhoneNum08012256900
ReturnHeader/PreparerPersonGrp/PreparationDt02021-01-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0M PAUL WINWARD CPA
ReturnHeader/ReturnTs02021-01-21T13:52:20-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$12,873,443
Liabilities
$13,077,349
Net assets
-$203,906
Revenue
$4,443,511
Expenses
$4,373,134
Net income
$70,377
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$15.3$13.4$1.90$8.22$7.43$0.79
2024Detailed filing. Detailed filing data is available for this year.$14.3$13.2$1.11$7.87$7.33$0.54
2023Detailed filing. Detailed filing data is available for this year.$13.9$13.3$0.57$6.76$6.73$0.04
2022Detailed filing. Detailed filing data is available for this year.$13.4$12.8$0.53$5.86$5.60$0.26
2021Detailed filing. Detailed filing data is available for this year.$13.2$12.9$0.27$5.73$5.25$0.48
2020Detailed filing. Detailed filing data is available for this year.$12.9$13.1$0.20$4.44$4.37$0.07
2019Detailed filing. Detailed filing data is available for this year.$12.4$12.7$0.27$3.93$3.90$0.03
2018Detailed filing. Detailed filing data is available for this year.$7.85$8.16$0.31$3.55$3.50$0.04
2017Detailed filing. Detailed filing data is available for this year.$8.00$8.35$0.35$3.26$3.42$0.16