Civic Intelligence

Wasatch Academy

990 • Fiscal year 2017 • EIN 87-0290194

Jul 01, 2016 to Jun 30, 2017 • Filed on May 11, 2018

Organization ProfileWWW.WASATCHACADEMY.ORG

View Organization Page

120 S 100 WMT Pleasant, UT 84647

(435) 462-2411

Siviq Scores

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

Liabilities / Assets

50th percentile

0.26x

Higher debt load relative to assets than 50% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

62nd percentile

0.48x

Higher debt load relative to revenue than 62% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

41st percentile

1.2%

Higher net margin than 41% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

75th percentile

$381,929

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

29th percentile

0.0%

Faster asset growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

46th percentile

3.6%

Faster revenue growth than 46% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$38,106,717

Up $10,257 (+0.0%) from 2016

Net Assets

Up

$28,373,707

Up $238,091 (+0.8%) from 2016

Liabilities

Down

$9,733,010

Down $227,834 (-2.3%) from 2016

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin41st percentile

Revenue

Up

$20,208,831

Up $705,136 (+3.6%) from 2016

Expenses

Up

$19,970,740

Up $5,523,719 (+38%) from 2016

Net Income

Down

$238,091

Down $4,818,583 (-95%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$60M$40M$20M$0Assets 2010: $16,875,298Liabilities 2010: $6,961,276Net Assets 2010: $9,914,0222010Assets 2011: $18,460,628Liabilities 2011: $7,799,063Net Assets 2011: $10,661,5652011Assets 2012: $25,614,239Liabilities 2012: $8,198,322Net Assets 2012: $17,415,9172012Assets 2013: $26,205,671Liabilities 2013: $7,370,230Net Assets 2013: $18,835,4412013Assets 2014: $28,804,323Liabilities 2014: $8,613,538Net Assets 2014: $20,190,7852014Assets 2015: $30,522,518Liabilities 2015: $7,442,207Net Assets 2015: $23,080,3112015Assets 2016: $38,096,460Liabilities 2016: $9,960,844Net Assets 2016: $28,135,6162016Assets 2017: $38,106,717Liabilities 2017: $9,733,010Net Assets 2017: $28,373,7072017Assets 2018: $42,249,769Liabilities 2018: $11,643,596Net Assets 2018: $30,606,1732018Assets 2019: $42,515,048Liabilities 2019: $10,856,669Net Assets 2019: $31,658,3792019Assets 2020: $41,647,203Liabilities 2020: $7,841,744Net Assets 2020: $33,805,4592020Assets 2021: $45,204,427Liabilities 2021: $8,501,777Net Assets 2021: $36,702,6502021Assets 2022: $45,866,695Liabilities 2022: $8,414,085Net Assets 2022: $37,452,6102022Assets 2023: $45,187,850Liabilities 2023: $7,714,259Net Assets 2023: $37,473,5912023Assets 2024: $44,192,456Liabilities 2024: $6,823,276Net Assets 2024: $37,369,1802024

Highlighted filing

2017

Assets$38,106,717
Liabilities$9,733,010
Net Assets$28,373,707
Open 2017 Filing

Operations Trend

Revenue Growth46th percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $8,874,4162010Expenses 2011: $9,641,7332011Expenses 2012: $10,949,6202012Expenses 2013: $11,679,5162013Revenue 2014: $13,726,530Expenses 2014: $12,370,586Net Income 2014: $1,355,9442014Revenue 2015: $15,826,905Expenses 2015: $12,936,979Net Income 2015: $2,889,9262015Revenue 2016: $19,503,695Expenses 2016: $14,447,021Net Income 2016: $5,056,6742016Revenue 2017: $20,208,831Expenses 2017: $19,970,740Net Income 2017: $238,0912017Revenue 2018: $23,824,566Expenses 2018: $21,592,100Net Income 2018: $2,232,4662018Revenue 2019: $22,311,821Expenses 2019: $21,259,615Net Income 2019: $1,052,2062019Revenue 2020: $23,011,551Expenses 2020: $20,864,471Net Income 2020: $2,147,0802020Revenue 2021: $19,477,280Expenses 2021: $16,580,089Net Income 2021: $2,897,1912021Revenue 2022: $17,823,805Expenses 2022: $16,375,497Net Income 2022: $1,448,3082022Revenue 2023: $16,158,875Expenses 2023: $16,951,881Net Income 2023: -$793,0062023Revenue 2024: $14,816,131Expenses 2024: $16,569,479Net Income 2024: -$1,753,3482024

Highlighted filing

2017

Revenue$20,208,831
Expenses$19,970,740
Net Income$238,091
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 11, 2018
Return Version
2016v3.0
Gross Receipts
$20,210,557
Mission and Program Overview

Mission

To provide student education for students in a private preparatory high school

STUDENT EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$21,351,083$21,975,102▲ $624,019
Investments in Publicly Traded Securities$9,648,376$7,632,939▼ $2,015,437
Cash and Non-Interest-Bearing Accounts$1,900,775$2,911,886▲ $1,011,111
Savings and Temporary Cash Investments$1,436,407$1,016,617▼ $419,790
Pledges and Grants Receivable$107,453$53,953▼ $53,500
Investments Program Related$13,400$13,400→ $0
Total Assets$38,096,460$38,106,717▲ $10,257
Other Assets Total$3,638,966$4,502,820▲ $863,854
Liabilities
Deferred Revenue$5,301,741$5,820,939▲ $519,198
Mortgage Notes Payable Secured by Investment Property$3,543,148$2,989,273▼ $553,875
Other Liabilities$846,548$670,526▼ $176,022
Accounts Payable and Accrued Expenses$269,407$252,272▼ $17,135
Total Liabilities$9,960,844$9,733,010▼ $227,834
Net Assets / Fund Balance
Unrestricted Net Assets$20,110,480$21,428,959▲ $1,318,479
Permanently Rstr Net Assets$3,982,651$3,485,651▼ $497,000
Temporarily Rstr Net Assets$4,042,485$3,459,097▼ $583,388
Total Net Assets Fund Balance$28,135,616$28,373,707▲ $238,091
Total Liabilities and Net Assets / Fund Balance$38,096,460$38,106,717▲ $10,257

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,889,839$9,673,301$28,563,140
Equipment$569,733$2,285,825$2,855,558
Other Land Buildings$1,778,006$529,276$2,307,282
Land$737,524-$737,524
Other Assets Org$4,374,279--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$5,019,186$12,550▲ $296,731$500,000$4,828,467
2015$2,693,246$2,507,450▼ $68,091$112,050$5,019,186
2014$2,746,559$13,210▼ $15,623$50,500$2,693,246
2013$2,205,980$253,658▲ $287,521-$2,746,559
2012$2,051,595$8,438▲ $146,548-$2,205,980
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph LoftinHead of SchoolFT$360,500$21,429$381,929
Paul ApplegarthAssistant Head of SchoolFT$170,000$13,600$183,600
Brian MccauleyEmployeeFT$139,000$11,120$150,120
Anne MccauleyEmployeeFT$122,917$9,833$132,750
Chris HawkEmployeeFT$114,500$9,160$123,660
Tyler KennedyDean of Residential LifeFT$112,500$9,000$121,500
Graham JesseeEmployeeFT$105,000$8,400$113,400

Board Members and Trustees

NameTitle
Steve RaynerTrustee/president
Terry FeeneyTrustee/vice President
Deborah HelitzerTrustee
Fred AxelgardTrustee
Garry RoylanceTrustee
Jack McallisterTrustee
Kelley ArnoldTrustee
Leslie Diane PostonTrustee
Michael MurphyTrustee
Robert KimseyTrustee
Terri MccarthyTrustee
Katie HallettTrustee/secretary
Val FerneliusTrustee/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$586,741
Program Service Revenue
$19,089,482
Investment Income
$517,328
Other Revenue
$15,280
All Other Contributions
$586,741
Change in Net Assets
$238,091

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,639,234
Revenue Not Reported on Financial Statements
$5,569,597
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$5,569,597
Total Revenue per Audited Statements
$14,639,234
Total Revenue per Form 990
$20,208,831
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,889,990
Salaries, Compensation, and Employee Benefits$6,512,653
Grants and Similar Amounts Paid$5,568,097
Total Fundraising Expense$389,450
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$5,568,097--$5,568,097
Other Salaries and Wages$3,704,598$653,700$235,350$4,593,648
Depreciation Depletion$1,291,746$26,362-$1,318,108
Insurance$933,564$259,119$44,642$1,237,325
Current Officers, Directors, Trustees, and Key Employees$641,430$565,529-$1,206,959
Other Expenses$472,471$33,383$2,882$472,471
Payroll Taxes$326,810$102,968$17,907$447,685
Information Technology$309,930$103,752$27,679$441,361
Advertising-$317,529$20,124$337,653
Travel$32,494$263,231$18,802$314,527
Pension Plan Contributions$192,984$60,803$10,574$264,361
All Other Expenses$216,357--$216,357
Interest$137,611--$137,611
Fees for Services Legal-$74,267-$74,267
Fees for Services Accounting-$39,999-$39,999
Total Functional Expenses$16,685,275$2,896,015$389,450$19,970,740

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$19,970,740
Expenses per Audited Statements$14,402,643
Total Expenses per Audited Statements$14,401,143
Expenses Not Reported on Financial Statements$5,568,097
Other Expense Adjustments$5,568,097
Expenses Not Reported on Form 990$-1,500
International Activity

International Summary

Offices
0
Employees
0
Spending
$151,814

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the Pacific -Recruiting for New Students--0$105,552
South America - Argentina, Bolivia,Recruiting for New Students--0$25,544
Europe (including Iceland & Greenland) -Recruiting for New Students--0$19,903
Middle East and North Africa -Recruiting for New Students--0$815
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,006
Fundraising Direct Expenses$1,726
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$17,006$17,006$1,726$15,280
Total Events$17,006$17,006$1,726$15,280
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Liabilities$670,526

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASanpete County2003-05-01$2,675,000School facility revenue bonds

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

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 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, Part VI, Section B, Line 11B

“Management and the board of trustees reviewed the return before it was filed.”

Form 990, Part VI, Section B, Line 12C

“The board of trustees and all key employees sign a conflict of interest policy and disclosure every year. All disclosures are reviewed and maintained by the board of trustees.”

Form 990, Part VI, Section B, Line 15

“The school hires an independent consultant to develop information on the headmaster's compensation relative to competitive private schools' headmasters. This information is then reviewed with the headmaster committee of the board, comprised entirely of independent directors, who makes the compensation decision for the headmaster. Competitive data on the compensation of other form 990 reported employees at the school is developed from published private school compensation information and reviewed with the headmaster. Compensation decisions for these employees, along with competitive compensation information are then reviewed by the headmaster committee of the board, comprised entirely of independent directors. Compensation of all form 990 employees is reported to the entire board as part of the form 990 review process.”

Form 990, Part VI, Section C, Line 19

“The organization makes its documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Wasatch Academy
EIN
87-0290194
Phone
4354622411
Address
120 S 100 W, MT PLEASANT, UT 84647

Signing Officer

Name
Paul Applegarth
Title
Director of Finance
Phone
4354622411
Signed
2018-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Applegarth
Formed
1972
Legal Domicile
Ut
Voting Board Members
13
Independent Board Members
13
Employees
242
Volunteers
50

Preparer

Firm
Tanner LLC
Address
36 S STATE STREET SUITE 600, SALT LAKE CITY, UT 84111
Preparer
David Sperry
Phone
8015327444
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from prior years.”

Financial Statement Notes

PART V, LINE 4:

“The largest portion of the endowment earnings can be used for day to day operations. The remainder of the endowment earnings can be used for scholarship. The principal of all the endowments are permanently restricted.”

PART X, LINE 2:

“As of june 30, 2017, the organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Gain on sale of fixed assets included in functional expenses per audit 1,500. Financial aid given netted with revenue per audit 5,568,097.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Gain on sale of fixed assets included in functional expenses per audit -1,500.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid given netted with revenue per audit 5,568,097.”

Raw XML AppendixShowing 400 of 740 raw XML fields

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IRS990/Form990PartVIISectionAGrp/PersonNm9FRED AXELGARD
IRS990/Form990PartVIISectionAGrp/PersonNm10DEBORAH HELITZER
IRS990/Form990PartVIISectionAGrp/PersonNm11GARRY ROYLANCE
IRS990/Form990PartVIISectionAGrp/PersonNm12LESLIE DIANE POSTON
IRS990/Form990PartVIISectionAGrp/PersonNm13ROBERT KIMSEY
IRS990/Form990PartVIISectionAGrp/PersonNm14PAUL APPLEGARTH
IRS990/Form990PartVIISectionAGrp/PersonNm15TYLER KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm16BRIAN MCCAULEY
IRS990/Form990PartVIISectionAGrp/PersonNm17ANNE MCCAULEY
IRS990/Form990PartVIISectionAGrp/PersonNm18GRAHAM JESSEE
IRS990/Form990PartVIISectionAGrp/PersonNm19CHRIS HAWK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0360500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14170000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15112500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16139000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17122917
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18105000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19114500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE/PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE/VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASSISTANT HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt15DEAN OF RESIDENTIAL LIFE
IRS990/Form990PartVIISectionAGrp/TitleTxt16EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19EMPLOYEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt01726
IRS990/FundraisingGrossIncomeAmt017006
IRS990/GainOrLossGrp/OtherAmt01500
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt05568097
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt05568097
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt05568097
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01500
IRS990/GrossReceiptsAmt020210557
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt027679
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0103752
IRS990/InformationTechnologyGrp/ProgramServicesAmt0309930
IRS990/InformationTechnologyGrp/TotalAmt0441361
IRS990/InsuranceGrp/FundraisingAmt044642
IRS990/InsuranceGrp/ManagementAndGeneralAmt0259119
IRS990/InsuranceGrp/ProgramServicesAmt0933564
IRS990/InsuranceGrp/TotalAmt01237325
IRS990/InterestGrp/ProgramServicesAmt0137611
IRS990/InterestGrp/TotalAmt0137611
IRS990/InvestmentIncomeGrp/ExclusionAmt0515828
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0515828
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt013400
IRS990/InvestmentsProgramRelatedGrp/EOYAmt013400
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09648376
IRS990/InvestmentsPubTradedSecGrp/EOYAmt07632939
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012488402
IRS990/LandBldgEquipBasisNetGrp/BOYAmt021351083
IRS990/LandBldgEquipBasisNetGrp/EOYAmt021975102
IRS990/LandBldgEquipCostOrOtherBssAmt034463504
IRS990/LegalDomicileStateCd0UT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE STUDENT EDUCATION FOR STUDENTS IN A PRIVATE PREPARATORY HIGH SCHOOL
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03543148
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02989273
IRS990/NetAssetsOrFundBalancesBOYAmt028135616
IRS990/NetAssetsOrFundBalancesEOYAmt028373707
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01500
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01500
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt015280
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt015280
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03638966
IRS990/OtherAssetsTotalGrp/EOYAmt04502820
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc2FACILITIES EXPENSE
IRS990/OtherExpensesGrp/Desc3EDUCATIONAL PROGRAM EXP
IRS990/OtherExpensesGrp/FundraisingAmt011490
IRS990/OtherExpensesGrp/FundraisingAmt12882
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0389823
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15550
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt233383
IRS990/OtherExpensesGrp/ProgramServicesAmt0897795
IRS990/OtherExpensesGrp/ProgramServicesAmt11152414
IRS990/OtherExpensesGrp/ProgramServicesAmt2806974
IRS990/OtherExpensesGrp/ProgramServicesAmt3472471
IRS990/OtherExpensesGrp/TotalAmt01299108
IRS990/OtherExpensesGrp/TotalAmt11160846
IRS990/OtherExpensesGrp/TotalAmt2840357
IRS990/OtherExpensesGrp/TotalAmt3472471
IRS990/OtherLiabilitiesGrp/BOYAmt0846548
IRS990/OtherLiabilitiesGrp/EOYAmt0670526
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0235350
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0653700
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03704598
IRS990/OtherSalariesAndWagesGrp/TotalAmt04593648
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt017907
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0102968
IRS990/PayrollTaxesGrp/ProgramServicesAmt0326810
IRS990/PayrollTaxesGrp/TotalAmt0447685
IRS990/PensionPlanContributionsGrp/FundraisingAmt010574
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt060803
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0192984
IRS990/PensionPlanContributionsGrp/TotalAmt0264361
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03982651
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03485651
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0107453
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt053953
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0PAUL APPLEGARTH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1AUXILIARY ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt017367470
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11722012
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017367470
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11722012
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05852371
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt014620
IRS990/PYOtherExpensesAmt07731755
IRS990/PYOtherRevenueAmt027320
IRS990/PYProgramServiceRevenueAmt013609384
IRS990/PYRevenuesLessExpensesAmt05056674
IRS990/PYSalariesCompEmpBnftPaidAmt06715266
IRS990/PYTotalExpensesAmt014447021
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt019503695
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt0238091
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt019089482
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01436407
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01016617
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt018889839
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09673301
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt028563140
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt05019186
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt012550
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04828467
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0296731

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$38,106,717
Liabilities
$9,733,010
Net assets
$28,373,707
Revenue
$20,208,831
Expenses
$19,970,740
Net income
$238,091
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$44.2$6.82$37.4$14.8$16.6$1.75
2023Detailed filing. Detailed filing data is available for this year.$45.2$7.71$37.5$16.2$17.0$0.79
2022Detailed filing. Detailed filing data is available for this year.$45.9$8.41$37.5$17.8$16.4$1.45
2021Detailed filing. Detailed filing data is available for this year.$45.2$8.50$36.7$19.5$16.6$2.90
2020Detailed filing. Detailed filing data is available for this year.$41.6$7.84$33.8$23.0$20.9$2.15
2019Detailed filing. Detailed filing data is available for this year.$42.5$10.9$31.7$22.3$21.3$1.05
2018Detailed filing. Detailed filing data is available for this year.$42.2$11.6$30.6$23.8$21.6$2.23
2017Detailed filing. Detailed filing data is available for this year.$38.1$9.73$28.4$20.2$20.0$0.24
2016Detailed filing. Detailed filing data is available for this year.$38.1$9.96$28.1$19.5$14.4$5.06
2015Detailed filing. Detailed filing data is available for this year.$30.5$7.44$23.1$15.8$12.9$2.89
2014Detailed filing. Detailed filing data is available for this year.$28.8$8.61$20.2$13.7$12.4$1.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.2$7.37$18.8$11.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.6$8.20$17.4$10.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.5$7.80$10.7$9.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.9$6.96$9.91$8.87