Civic Intelligence

Wasatch Academy

990 • Fiscal year 2019 • EIN 87-0290194

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 27, 2020

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

51st percentile

0.26x

Higher debt load relative to assets than 51% of similar nonprofits.

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

Liabilities / Revenue

63rd percentile

0.49x

Higher debt load relative to revenue than 63% of similar nonprofits.

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

Net Margin

56th percentile

4.7%

Higher net margin than 56% of similar nonprofits.

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

Top Officer Pay

77th percentile

$406,467

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

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

Asset Growth

34th percentile

0.6%

Faster asset growth than 34% of similar nonprofits.

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

Revenue Growth

24th percentile

-6.3%

Faster revenue growth than 24% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$42,515,048

Up $265,279 (+0.6%) from 2018

Net Assets

Up

$31,658,379

Up $1,052,206 (+3.4%) from 2018

Liabilities

Down

$10,856,669

Down $786,927 (-6.8%) from 2018

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin56th percentile

Revenue

Down

$22,311,821

Down $1,512,745 (-6.3%) from 2018

Expenses

Down

$21,259,615

Down $332,485 (-1.5%) from 2018

Net Income

Down

$1,052,206

Down $1,180,260 (-53%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth34th 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

2019

Assets$42,515,048
Liabilities$10,856,669
Net Assets$31,658,379
Open 2019 Filing

Operations Trend

Revenue Growth24th 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

2019

Revenue$22,311,821
Expenses$21,259,615
Net Income$1,052,206
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 27, 2020
Return Version
2018v3.1
Gross Receipts
$22,320,681
Mission and Program Overview

Mission

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

Wasatch academy provides a nurturing community that empowers young men and women to develop academically, socially and morally, preparing them for college and for the challenges of living in the 21st century.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$24,847,192$26,417,415▲ $1,570,223
Investments in Publicly Traded Securities$11,487,726$10,235,139▼ $1,252,587
Cash and Non-Interest-Bearing Accounts$3,962,659$4,556,720▲ $594,061
Savings and Temporary Cash Investments$1,356,608$652,842▼ $703,766
Pledges and Grants Receivable$25,400$65,112▲ $39,712
Investments Other Securities$13,400$13,400→ $0
Total Assets$42,249,769$42,515,048▲ $265,279
Other Assets Total$556,784$574,420▲ $17,636
Liabilities
Deferred Revenue$7,407,416$6,508,109▼ $899,307
Mortgage Notes Payable Secured by Investment Property$2,875,211$2,764,068▼ $111,143
Other Liabilities$877,317$1,336,673▲ $459,356
Accounts Payable and Accrued Expenses$483,652$247,819▼ $235,833
Total Liabilities$11,643,596$10,856,669▼ $786,927
Net Assets / Fund Balance
Unrestricted Net Assets$25,357,120$26,317,476▲ $960,356
Permanently Rstr Net Assets$3,517,553$3,531,567▲ $14,014
Temporarily Rstr Net Assets$1,731,500$1,809,336▲ $77,836
Total Net Assets Fund Balance$30,606,173$31,658,379▲ $1,052,206
Total Liabilities and Net Assets / Fund Balance$42,249,769$42,515,048▲ $265,279

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$23,390,039$11,888,002$35,278,041
Equipment$382,732$2,348,771$2,731,503
Other Land Buildings$1,721,788$552,730$2,274,518
Land$922,856-$922,856

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$5,115,364$14,014▲ $210,274$0$5,339,652
2017$4,828,467$31,902▲ $254,955-$5,115,364
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
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph LoftinHead of SchoolFT$384,200$22,267$406,467
Paul ApplegarthAssistant Head of School for Finance/facilitiesFT$190,000$15,200$205,200
Paul ApplegarthAssistant Head of School for Finance-$190,000$15,200$205,200
Brian MccauleyAssistant Head of School for Admissions/marketingFT$154,500-$154,500
Brian MccauleyAssistant Head of School for Admissi-$154,500-$154,500
Graham JesseeDirector of Global InitiativesFT$118,800$9,504$128,304
Tyler KennedyDean of Residential LifeFT$118,000$9,440$127,440
J Dianne BredersonAssistant Head of School for AcademicsFT$115,500$9,240$124,740
Anne MaccauleyDirector of Development/alumni Affairs/major GiftsFT$118,450-$118,450
Chris DowlingDirector of China Partnership RelationsFT$103,700-$103,700

Board Members and Trustees

NameTitle
Terry FeeneyPresident
Val FerneliusVice President
Deborah HelitzerTrustee
Gary RoylanceTrustee
Jack McallisterTrustee
Lonnie EllisTrustee
Lynn RemingtonTrustee
Michael MurphyTrustee
Shawn DoughertyTrustee
Steve RaynerTrustee
Terri MccarthyTrustee
Katie HallettSecretary
Robert KimseyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,502,667
Program Service Revenue
$20,251,007
Investment Income
$543,406
Other Revenue
$14,741
All Other Contributions
$1,502,667
Change in Net Assets
$1,052,206

Audited Revenue Reconciliation

Revenue per Audited Statements
$17,137,139
Revenue Not Reported on Financial Statements
$5,174,682
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$5,174,682
Total Revenue per Audited Statements
$17,137,139
Total Revenue per Form 990
$22,311,821
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,144,809
Salaries, Compensation, and Employee Benefits$7,939,196
Grants and Similar Amounts Paid$5,175,610
Total Fundraising Expense$323,272
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,648,903$1,155,543$83,350$5,887,796
Grants to Domestic Individuals$5,175,610--$5,175,610
Depreciation Depletion$1,387,377$57,807-$1,445,184
Current Officers, Directors, Trustees, and Key Employees$484,184$766,167$118,450$1,368,801
Insurance$859,036$283,787$30,890$1,173,713
Other Expenses$837,272$0$0$837,272
Information Technology$324,972$157,050$28,212$510,234
Payroll Taxes$337,379$130,132$14,459$481,970
Travel$132,743$292,719$5,347$430,809
All Other Expenses$264,074--$264,074
Advertising-$195,898$28,136$224,034
Pension Plan Contributions$166,611$25,670$8,348$200,629
Interest$91,640--$91,640
Fees for Services Legal-$50,301-$50,301
Fees for Services Accounting-$39,595-$39,595
Total Functional Expenses$16,842,341$4,094,002$323,272$21,259,615

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$21,259,615
Total Expenses per Audited Statements$16,084,933
Expenses per Audited Statements$16,084,005
Expenses Not Reported on Financial Statements$5,175,610
Other Expense Adjustments$5,175,610
Expenses Not Reported on Form 990$928
International Activity

International Summary

Offices
0
Employees
0
Spending
$176,975

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---$80,086
Europe (including Iceland & Greenland) -Recruiting for New Students---$55,338
South America - Argentina, Bolivia,Recruiting for New Students---$41,551
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,673
Fundraising Direct Expenses$2,932
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$17,673$17,673$2,932$14,741
Total Events$17,673$17,673$2,932$14,741
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$1,336,673
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
2020-04-27
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
248
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, 2019, 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 -928. Financial aid given netted with revenue per audit 5,175,610.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Gain on sale of fixed assets included in functional expenses per audit 928.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid given netted with revenue per audit 5,175,610.”

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IRS990/ActivityOrMissionDesc0WASATCH ACADEMY PROVIDES A NURTURING COMMUNITY THAT EMPOWERS YOUNG MEN AND WOMEN TO DEVELOP ACADEMICALLY, SOCIALLY AND MORALLY, PREPARING THEM FOR COLLEGE AND FOR THE CHALLENGES OF LIVING IN THE 21ST CENTURY.
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IRS990/Form990PartVIISectionAGrp/PersonNm5DEBORAH HELITZER
IRS990/Form990PartVIISectionAGrp/PersonNm6LYNN REMINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm7SHAWN DOUGHERTY
IRS990/Form990PartVIISectionAGrp/PersonNm8LONNIE ELLIS
IRS990/Form990PartVIISectionAGrp/PersonNm9TERRY FEENEY
IRS990/Form990PartVIISectionAGrp/PersonNm10VAL FERNELIUS
IRS990/Form990PartVIISectionAGrp/PersonNm11KATIE HALLETT
IRS990/Form990PartVIISectionAGrp/PersonNm12ROBERT KIMSEY
IRS990/Form990PartVIISectionAGrp/PersonNm13JOSEPH LOFTIN
IRS990/Form990PartVIISectionAGrp/PersonNm14PAUL APPLEGARTH
IRS990/Form990PartVIISectionAGrp/PersonNm15BRIAN MCCAULEY
IRS990/Form990PartVIISectionAGrp/PersonNm16GRAHAM JESSEE
IRS990/Form990PartVIISectionAGrp/PersonNm17ANNE MACCAULEY
IRS990/Form990PartVIISectionAGrp/PersonNm18TYLER KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm19J DIANNE BREDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm20CHRIS DOWLING
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17118450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18118000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19115500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20103700
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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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/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASSISTANT HEAD OF SCHOOL FOR FINANCE/FACILITIES
IRS990/Form990PartVIISectionAGrp/TitleTxt15ASSISTANT HEAD OF SCHOOL FOR ADMISSIONS/MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF GLOBAL INITIATIVES
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR OF DEVELOPMENT/ALUMNI AFFAIRS/MAJOR GIFTS
IRS990/Form990PartVIISectionAGrp/TitleTxt18DEAN OF RESIDENTIAL LIFE
IRS990/Form990PartVIISectionAGrp/TitleTxt19ASSISTANT HEAD OF SCHOOL FOR ACADEMICS
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF CHINA PARTNERSHIP RELATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt02932
IRS990/FundraisingGrossIncomeAmt017673
IRS990/GainOrLossGrp/OtherAmt0-928
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt05175610
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt05175610
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt05175610
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt05000
IRS990/GrossReceiptsAmt022320681
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt028212
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0157050
IRS990/InformationTechnologyGrp/ProgramServicesAmt0324972
IRS990/InformationTechnologyGrp/TotalAmt0510234
IRS990/InsuranceGrp/FundraisingAmt030890
IRS990/InsuranceGrp/ManagementAndGeneralAmt0283787
IRS990/InsuranceGrp/ProgramServicesAmt0859036
IRS990/InsuranceGrp/TotalAmt01173713
IRS990/InterestGrp/ProgramServicesAmt091640
IRS990/InterestGrp/TotalAmt091640
IRS990/InvestmentIncomeGrp/ExclusionAmt0544334
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0544334
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt013400
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt013400
IRS990/InvestmentsPubTradedSecGrp/BOYAmt011487726
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010235139
IRS990/IRPDocumentCnt028
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014789503
IRS990/LandBldgEquipBasisNetGrp/BOYAmt024847192
IRS990/LandBldgEquipBasisNetGrp/EOYAmt026417415
IRS990/LandBldgEquipCostOrOtherBssAmt041206918
IRS990/LegalDomicileStateCd0UT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt05928
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WASATCH ACADEMY PROVIDES A NURTURING COMMUNITY THAT EMPOWERS YOUNG MEN AND WOMEN TO DEVELOP ACADEMICALLY, SOCIALLY AND MORALLY, PREPARING THEM FOR COLLEGE AND FOR THE CHALLENGES OF LIVING IN THE 21ST CENTURY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02875211
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02764068
IRS990/NetAssetsOrFundBalancesBOYAmt030606173
IRS990/NetAssetsOrFundBalancesEOYAmt031658379
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-928
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-928
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt014741
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt014741
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0556784
IRS990/OtherAssetsTotalGrp/EOYAmt0574420
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2FACILITIES EXPENSE
IRS990/OtherExpensesGrp/Desc3EDUCATIONAL PROGRAM EXP
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt16080
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1910722
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt228611
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt01122050
IRS990/OtherExpensesGrp/ProgramServicesAmt167428
IRS990/OtherExpensesGrp/ProgramServicesAmt2943062
IRS990/OtherExpensesGrp/ProgramServicesAmt3837272
IRS990/OtherExpensesGrp/TotalAmt01122050
IRS990/OtherExpensesGrp/TotalAmt1984230
IRS990/OtherExpensesGrp/TotalAmt2971673
IRS990/OtherExpensesGrp/TotalAmt3837272
IRS990/OtherLiabilitiesGrp/BOYAmt0877317
IRS990/OtherLiabilitiesGrp/EOYAmt01336673
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt083350
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01155543
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04648903
IRS990/OtherSalariesAndWagesGrp/TotalAmt05887796
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt014459
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0130132
IRS990/PayrollTaxesGrp/ProgramServicesAmt0337379
IRS990/PayrollTaxesGrp/TotalAmt0481970
IRS990/PensionPlanContributionsGrp/FundraisingAmt08348
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt025670
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0166611
IRS990/PensionPlanContributionsGrp/TotalAmt0200629
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03517553
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03531567
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt025400
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt065112
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0PAUL APPLEGARTH
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IRS990/ProgramServiceRevenueGrp/Desc2AUXILIARY ACTIVITIES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11581375
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2494789
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018174843
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11581375
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2494789
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0955285
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt06079239
IRS990/PYInvestmentIncomeAmt0391454
IRS990/PYOtherExpensesAmt08906000
IRS990/PYOtherRevenueAmt020005
IRS990/PYProgramServiceRevenueAmt022457822
IRS990/PYRevenuesLessExpensesAmt02232466
IRS990/PYSalariesCompEmpBnftPaidAmt06606861
IRS990/PYTotalExpensesAmt021592100
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt023824566
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01052206
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt020251007
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01356608
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0652842
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$42,515,048
Liabilities
$10,856,669
Net assets
$31,658,379
Revenue
$22,311,821
Expenses
$21,259,615
Net income
$1,052,206
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