Civic Intelligence

Wasatch Academy

990 • Fiscal year 2021 • EIN 87-0290194

Jul 01, 2020 to Jun 30, 2021 • Filed on May 03, 2022

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

47th percentile

0.19x

Higher debt load relative to assets than 47% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.44x

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

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

56th percentile

15%

Higher net margin than 56% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

80th percentile

$429,177

Higher top officer pay than 80% of similar nonprofits.

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

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

45th percentile

8.5%

Faster asset growth than 45% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

12th percentile

-15%

Faster revenue growth than 12% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$45,204,427

Up $3,557,224 (+8.5%) from 2020

Net Assets

Up

$36,702,650

Up $2,897,191 (+8.6%) from 2020

Liabilities

Up

$8,501,777

Up $660,033 (+8.4%) from 2020

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin56th percentile

Revenue

Down

$19,477,280

Down $3,534,271 (-15%) from 2020

Expenses

Down

$16,580,089

Down $4,284,382 (-21%) from 2020

Net Income

Up

$2,897,191

Up $750,111 (+35%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth45th 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

2021

Assets$45,204,427
Liabilities$8,501,777
Net Assets$36,702,650
Open 2021 Filing

Operations Trend

Revenue Growth12th 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

2021

Revenue$19,477,280
Expenses$16,580,089
Net Income$2,897,191
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 3, 2022
Return Version
2020v4.2
Gross Receipts
$19,492,648
Mission and Program Overview

Mission

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

Wasatch academy is a nurturing community empowering young people to develop academically, socially, emotionally, physically, and ethically, by preparing them for the opportunity of college, work, and a lifetime of learning and contributing to our global society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$25,844,389$24,916,920▼ $927,469
Investments in Publicly Traded Securities$5,371,071$11,209,390▲ $5,838,319
Cash and Non-Interest-Bearing Accounts$5,696,105$4,834,393▼ $861,712
Savings and Temporary Cash Investments$884,740$3,690,811▲ $2,806,071
Pledges and Grants Receivable$3,002,400$0▼ $3,002,400
Investments Other Securities$13,400$13,400→ $0
Total Assets$41,647,203$45,204,427▲ $3,557,224
Other Assets Total$835,098$539,513▼ $295,585
Liabilities
Deferred Revenue$4,043,192$4,625,209▲ $582,017
Mortgage Notes Payable Secured by Investment Property$2,676,689$2,586,457▼ $90,232
Other Liabilities$951,290$1,148,723▲ $197,433
Accounts Payable and Accrued Expenses$170,573$141,388▼ $29,185
Total Liabilities$7,841,744$8,501,777▲ $660,033
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$28,306,980$29,502,681▲ $1,195,701
Net Assets With Donor Restrictions$5,498,479$7,199,969▲ $1,701,490
Total Net Assets Fund Balance$33,805,459$36,702,650▲ $2,897,191
Total Liabilities and Net Assets / Fund Balance$41,647,203$45,204,427▲ $3,557,224

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$23,106,585$13,892,099$36,998,684
Equipment$238,408$2,382,968$2,621,376
Other Land Buildings$527,775$662,051$1,189,826
Land$1,044,152-$1,044,152

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$5,487,493$15,000▲ $1,672,200-$7,174,693
2019$5,339,652$99,826▲ $54,001-$5,493,479
2018$5,115,364$14,014▲ $210,274-$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
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph LoftinHead of School - EmeritiFT$405,688$23,489$429,177
Matt CulbersonHead of SchoolFT$310,000$24,800$334,800
Paul ApplegarthAsst Head for Finance/facilitiesFT$195,700$15,656$211,356
Graham JesseeDirector of Global InitiativesFT$122,000$9,760$131,760
J Dianne BredersonAsst Head of School for AcademicsFT$118,900$9,512$128,412
Tyler KennedyDean of Residential LifeFT$113,700$9,096$122,796
James DetjenAsst Head for Branding/commFT$101,700-$101,700

Board Members and Trustees

NameTitle
Terry FeeneyPresident
Val FerneliusVice President
Forest CuchTrustee
Fred AxelgardTrustee
Gary RoylanceTrustee
Hadyn DaugsTrustee
Jerry HuTrustee
Joe PorterTrustee
Lonnie EllisTrustee
Lynn RemingtonTrustee
Michael MurphyTrustee
Shawn DoughertyTrustee
Terri MccarthyTrustee
Tom PetersonTrustee
Katie HallettSecretary
Robert KimseyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,715,679
Program Service Revenue
$14,944,995
Investment Income
$1,816,606
Other Revenue
$0
All Other Contributions
$1,097,699
Change in Net Assets
$2,897,191

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,743,096
Revenue Not Reported on Financial Statements
$3,734,184
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$3,734,184
Total Revenue per Audited Statements
$15,743,096
Total Revenue per Form 990
$19,477,280
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,224,904
Other Expenses$4,608,283
Grants and Similar Amounts Paid$3,746,902
Total Fundraising Expense$199,220
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,247,670$695,696$120,079$5,063,445
Grants to Domestic Individuals$3,746,902--$3,746,902
Current Officers, Directors, Trustees, and Key Employees$382,968$1,077,033-$1,460,001
Depreciation Depletion$1,259,018$59,325-$1,318,343
Other Employee Benefits$789,665$293,196$20,603$1,103,464
Occupancy$777,563$36,644-$814,207
Payroll Taxes$310,261$115,197$8,095$433,553
Fees for Services Other$200,670$147,426$887$348,983
Advertising$7,494$278,735$10,826$297,055
Information Technology$147,045$15,999$21,837$184,881
Other Expenses$34,687$135,074$1,675$171,436
Insurance$161,546$7,612-$169,158
Pension Plan Contributions$155,371$4,276$4,794$164,441
Travel$79,461$17,337$81$96,879
Fees for Services Accounting-$81,909-$81,909
Fees for Services Legal-$35,004-$35,004
Conferences and Meetings$21,090$4,419$155$25,664
Office Expenses$2,444$11,685$8,387$22,516
Total Functional Expenses$13,355,809$3,025,060$199,220$16,580,089

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$16,580,089
Total Expenses per Audited Statements$12,845,905
Expenses per Audited Statements$12,833,187
Expenses Not Reported on Financial Statements$3,746,902
Other Expense Adjustments$3,746,902
Expenses Not Reported on Form 990$12,718
International Activity

International Summary

Offices
0
Employees
0
Spending
$104,423

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---$80,614
North America - CanadaRecruiting for New Students---$13,480
Europe (including Iceland & Greenland) -Recruiting for New Students---$10,329
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Liabilities$1,148,723
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, 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

“In a previous year as part of creating a multi-year employment contract for the head of the school, the school hired an independent consultant. The consultant provided expertise relative to head of school compensation for private schools. Utilizing this information, the board of trustees, comprised entirely of independent directors, issued a multi-year employment contract to the head of school. Competitive data on the compensation for all form 990 reported employees is developed from published private school compensation information. This information is reviewed annually by the head of school. Compensation decisions for these employees, along with competitive compensation information are then reviewed by the executive 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
2022-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Applegarth
Formed
1972
Legal Domicile
Ut
Voting Board Members
16
Independent Board Members
16
Employees
216
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, 2021, the organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Loss on sale of fixed assets included in functional expenses per audit -12,718. Financial aid given netted with revenue per audit 3,746,902.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Loss on sale of fixed assets included in functional expenses per audit 12,718.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid given netted with revenue per audit 3,746,902.”

Raw XML AppendixShowing 400 of 704 raw XML fields

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IRS990/ActivityOrMissionDesc0WASATCH ACADEMY IS A NURTURING COMMUNITY EMPOWERING YOUNG PEOPLE TO DEVELOP ACADEMICALLY, SOCIALLY, EMOTIONALLY, PHYSICALLY, AND ETHICALLY, BY PREPARING THEM FOR THE OPPORTUNITY OF COLLEGE, WORK, AND A LIFETIME OF LEARNING AND CONTRIBUTING TO OUR GLOBAL SOCIETY.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1724800
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1815656
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt199096
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt209760
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt219512
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
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IRS990/Form990PartVIISectionAGrp/PersonNm1JOSEPH LOFTIN
IRS990/Form990PartVIISectionAGrp/PersonNm2TERRY FEENEY
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm4KATIE HALLETT
IRS990/Form990PartVIISectionAGrp/PersonNm5TERRI MCCARTHY
IRS990/Form990PartVIISectionAGrp/PersonNm6VAL FERNELIUS
IRS990/Form990PartVIISectionAGrp/PersonNm7FRED AXELGARD
IRS990/Form990PartVIISectionAGrp/PersonNm8GARY ROYLANCE
IRS990/Form990PartVIISectionAGrp/PersonNm9FOREST CUCH
IRS990/Form990PartVIISectionAGrp/PersonNm10JOE PORTER
IRS990/Form990PartVIISectionAGrp/PersonNm11HADYN DAUGS
IRS990/Form990PartVIISectionAGrp/PersonNm12JERRY HU
IRS990/Form990PartVIISectionAGrp/PersonNm13LYNN REMINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm14SHAWN DOUGHERTY
IRS990/Form990PartVIISectionAGrp/PersonNm15LONNIE ELLIS
IRS990/Form990PartVIISectionAGrp/PersonNm16ROBERT KIMSEY
IRS990/Form990PartVIISectionAGrp/PersonNm17MATT CULBERSON
IRS990/Form990PartVIISectionAGrp/PersonNm18PAUL APPLEGARTH
IRS990/Form990PartVIISectionAGrp/PersonNm19TYLER KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm20GRAHAM JESSEE
IRS990/Form990PartVIISectionAGrp/PersonNm21J DIANNE BREDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm22JAMES DETJEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17310000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18195700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19113700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20122000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21118900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22101700
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/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1HEAD OF SCHOOL - EMERITI
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt17HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt18ASST HEAD FOR FINANCE/FACILITIES
IRS990/Form990PartVIISectionAGrp/TitleTxt19DEAN OF RESIDENTIAL LIFE
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF GLOBAL INITIATIVES
IRS990/Form990PartVIISectionAGrp/TitleTxt21ASST HEAD OF SCHOOL FOR ACADEMICS
IRS990/Form990PartVIISectionAGrp/TitleTxt22ASST HEAD FOR BRANDING/COMM
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-12718
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt01617980
IRS990/GrantAmt03746902
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt03746902
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt03746902
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02650
IRS990/GrossReceiptsAmt019492648
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt021837
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt015999
IRS990/InformationTechnologyGrp/ProgramServicesAmt0147045
IRS990/InformationTechnologyGrp/TotalAmt0184881
IRS990/InsuranceGrp/ManagementAndGeneralAmt07612
IRS990/InsuranceGrp/ProgramServicesAmt0161546
IRS990/InsuranceGrp/TotalAmt0169158
IRS990/InvestmentIncomeGrp/ExclusionAmt01829324
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01829324
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt013400
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt013400
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05371071
IRS990/InvestmentsPubTradedSecGrp/EOYAmt011209390
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt016937118
IRS990/LandBldgEquipBasisNetGrp/BOYAmt025844389
IRS990/LandBldgEquipBasisNetGrp/EOYAmt024916920
IRS990/LandBldgEquipCostOrOtherBssAmt041854038
IRS990/LegalDomicileStateCd0UT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt015368
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WASATCH ACADEMY IS A NURTURING COMMUNITY EMPOWERING YOUNG PEOPLE TO DEVELOP ACADEMICALLY, SOCIALLY, EMOTIONALLY, PHYSICALLY, AND ETHICALLY, BY PREPARING THEM FOR THE OPPORTUNITY OF COLLEGE, WORK, AND A LIFETIME OF LEARNING AND CONTRIBUTING TO OUR GLOBAL SOCIETY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02676689
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02586457
IRS990/NetAssetsOrFundBalancesBOYAmt033805459
IRS990/NetAssetsOrFundBalancesEOYAmt036702650
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-12718
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-12718
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt028306980
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt029502681
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt036644
IRS990/OccupancyGrp/ProgramServicesAmt0777563
IRS990/OccupancyGrp/TotalAmt0814207
IRS990/OfficeExpensesGrp/FundraisingAmt08387
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011685
IRS990/OfficeExpensesGrp/ProgramServicesAmt02444
IRS990/OfficeExpensesGrp/TotalAmt022516
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0835098
IRS990/OtherAssetsTotalGrp/EOYAmt0539513
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt020603
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0293196
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0789665
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01103464
IRS990/OtherExpensesGrp/Desc0EDUCATIONAL PROGRAM EXP
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt01801
IRS990/OtherExpensesGrp/FundraisingAmt11675
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08493
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1135074
IRS990/OtherExpensesGrp/ProgramServicesAmt01031954
IRS990/OtherExpensesGrp/ProgramServicesAmt134687
IRS990/OtherExpensesGrp/TotalAmt01042248
IRS990/OtherExpensesGrp/TotalAmt1171436
IRS990/OtherLiabilitiesGrp/BOYAmt0951290
IRS990/OtherLiabilitiesGrp/EOYAmt01148723
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0120079
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0695696
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04247670
IRS990/OtherSalariesAndWagesGrp/TotalAmt05063445
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08095
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0115197
IRS990/PayrollTaxesGrp/ProgramServicesAmt0310261
IRS990/PayrollTaxesGrp/TotalAmt0433553
IRS990/PensionPlanContributionsGrp/FundraisingAmt04794
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04276
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0155371
IRS990/PensionPlanContributionsGrp/TotalAmt0164441
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03002400
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0PAUL APPLEGARTH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1DUAL DIPLOMA PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2AUXILIARY ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013184379
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11553960
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2206656
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013184379
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11553960
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2206656
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05648564
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt05665763
IRS990/PYInvestmentIncomeAmt0-267406
IRS990/PYOtherExpensesAmt05876748
IRS990/PYOtherRevenueAmt0-5856
IRS990/PYProgramServiceRevenueAmt017636329
IRS990/PYRevenuesLessExpensesAmt02147160
IRS990/PYSalariesCompEmpBnftPaidAmt09321960
IRS990/PYTotalExpensesAmt020864471
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt023011631
IRS990/QuidProQuoContributionsInd01

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$45,204,427
Liabilities
$8,501,777
Net assets
$36,702,650
Revenue
$19,477,280
Expenses
$16,580,089
Net income
$2,897,191
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