Civic Intelligence

John Hancock Charter School Foundation

990 • Fiscal year 2014 • EIN 87-0685095

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 17, 2014

125 North 100 East84062

(801) 796-5646

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.23x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

64th percentile

0.23x

Higher debt load relative to revenue than 64% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

45th percentile

1.1%

Higher net margin than 45% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

61st percentile

$82,202

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

41st percentile

-0.2%

Faster asset growth than 41% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$1,159,790

Down $1,751 (-0.2%) from 2013

Net Assets

Up

$898,115

Up $12,669 (+1.4%) from 2013

Liabilities

Down

$261,675

Down $14,420 (-5.2%) from 2013

Revenue

$1,154,999

No earlier filing loaded for comparison.

Expenses

Down

$1,142,330

Down $25,836 (-2.2%) from 2013

Net Income

$12,669

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0-$10MAssets 2010: $1,266,634Liabilities 2010: $384,565Net Assets 2010: $882,0692010Assets 2011: $1,268,084Liabilities 2011: $356,765Net Assets 2011: $911,3192011Assets 2012: $1,236,956Liabilities 2012: $313,086Net Assets 2012: $923,8702012Assets 2013: $1,161,541Liabilities 2013: $276,095Net Assets 2013: $885,4462013Assets 2014: $1,159,790Liabilities 2014: $261,675Net Assets 2014: $898,1152014Assets 2015: $1,149,504Liabilities 2015: $240,597Net Assets 2015: $908,9072015Assets 2016: $1,158,290Liabilities 2016: $220,964Net Assets 2016: $937,3262016Assets 2017: $1,206,835Liabilities 2017: $228,050Net Assets 2017: $978,7852017Assets 2018: $1,177,331Liabilities 2018: $197,887Net Assets 2018: $979,4442018Assets 2019: $1,147,559Liabilities 2019: $146,705Net Assets 2019: $1,000,8542019Assets 2020: $1,050,155Liabilities 2020: $124,930Net Assets 2020: $925,2252020Assets 2021: $1,205,180Liabilities 2021: $251,266Net Assets 2021: $953,9142021Assets 2022: $1,143,607Liabilities 2022: $212,498Net Assets 2022: $931,1092022Assets 2023: $25,629,982Liabilities 2023: $24,665,056Net Assets 2023: $964,9262023Assets 2024: $25,275,985Liabilities 2024: $26,068,368Net Assets 2024: -$792,3832024Assets 2025: $29,356,210Liabilities 2025: $30,702,515Net Assets 2025: -$1,346,3052025

Highlighted filing

2014

Assets$1,159,790
Liabilities$261,675
Net Assets$898,115

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,166,6962010Expenses 2011: $1,117,8332011Expenses 2012: $1,133,5872012Expenses 2013: $1,168,1662013Revenue 2014: $1,154,999Expenses 2014: $1,142,330Net Income 2014: $12,6692014Revenue 2015: $1,181,418Expenses 2015: $1,170,626Net Income 2015: $10,7922015Revenue 2016: $1,217,835Expenses 2016: $1,189,416Net Income 2016: $28,4192016Revenue 2017: $1,370,816Expenses 2017: $1,329,357Net Income 2017: $41,4592017Revenue 2018: $1,468,793Expenses 2018: $1,468,134Net Income 2018: $6592018Revenue 2019: $1,355,448Expenses 2019: $1,361,681Net Income 2019: -$6,2332019Revenue 2020: $1,486,329Expenses 2020: $1,542,438Net Income 2020: -$56,1092020Revenue 2021: $1,744,678Expenses 2021: $1,699,082Net Income 2021: $45,5962021Revenue 2022: $1,966,409Expenses 2022: $1,989,214Net Income 2022: -$22,8052022Revenue 2023: $3,909,972Expenses 2023: $3,577,283Net Income 2023: $332,6892023Revenue 2024: $10,171,399Expenses 2024: $11,436,530Net Income 2024: -$1,265,1312024Revenue 2025: $12,459,174Expenses 2025: $13,013,096Net Income 2025: -$553,9222025

Highlighted filing

2014

Revenue$1,154,999
Expenses$1,142,330
Net Income$12,669
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 17, 2014
Return Version
2013v3.1
Gross Receipts
$1,154,999
Mission and Program Overview

Mission

In partnership with parents, the community, and in cooperation with Alpine School District, the School's purpose is to provide continuously challenging curriculum in a safe and nurturing learning environment. Our primary goal is to instill a love of learning and to prepare students to become responsible citizens and productive members of the community.

In partnership with parents, the community, and in cooperation with alpine school district, the organization's purpose is to provide continuously challengin curriculum in a safe and nurturing learning environment. Our primary goal is to instill the love of learning and to prepare students to become responsible citizens and productive members of the community

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$643,114$641,772▼ $1,342
Savings and Temporary Cash Investments$273,771$274,582▲ $811
Cash and Non-Interest-Bearing Accounts$238,858$236,714▼ $2,144
Prepaid Expenses and Deferred Charges$5,105$6,485▲ $1,380
Accounts Receivable$693$237▼ $456
Total Assets$1,161,541$1,159,790▼ $1,751
Liabilities
Mortgage Notes Payable Secured by Investment Property$258,608$236,139▼ $22,469
Accounts Payable and Accrued Expenses$17,487$25,536▲ $8,049
Total Liabilities$276,095$261,675▼ $14,420
Net Assets / Fund Balance
Unrestricted Net Assets$885,446$898,115▲ $12,669
Total Net Assets Fund Balance$885,446$898,115▲ $12,669
Total Liabilities and Net Assets / Fund Balance$1,161,541$1,159,790▼ $1,751

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$165,613$530,658$696,271
Land$407,087-$407,087
Equipment$69,072$260,346$329,418
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Julie AdamicDirectorFT$82,202$82,202

Board Members and Trustees

NameTitle
Anne PerkinsBoard Member
Joseph SpencerBoard Member
Kim FrankBoard Member
Kyle TippettsBoard Member
Wendy MorganBoard Member
Kay BalmforthCAO
Brian HalladayParent Advoc
Alison ClingerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,119,031
Program Service Revenue
$9,383
Investment Income
$811
Other Revenue
$25,774
All Other Contributions
$4,746
Change in Net Assets
$12,669

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,154,999
Total Revenue per Audited Statements
$1,154,999
Total Revenue per Form 990
$1,154,999
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$879,070
Other Expenses$263,260
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$632,759$45,599-$678,358
Other Employee Benefits$186,745$13,967-$200,712
Information Technology$52,593$22,354-$74,947
Fees for Services Other$22,303$46,212-$68,515
Depreciation Depletion$31,162$5,188-$36,350
Interest$6,920$1,152-$8,072
Other Expenses$1,523$1,061-$1,061
Total Functional Expenses$979,292$163,038$0$1,142,330

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,142,330
Total Expenses per Audited Statements$1,142,330
Total Expenses per Form 990$1,142,330
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Dark Canyon DevelopmentBoard MemberTechnology ServicesNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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

Director and board members review the form 990 at a regularly scheduled board meeting prior to the filing of form 990.

Form 990, Page 6, Part VI, Line 19

Governing documents, policies, and financial statements are available upon request to the charter school. Audited financial statements are also avai lable on the utah state auditor's office website.

Filing and Contact Details

Filer

EIN
87-0685095
Phone
8017965646

Signing Officer

Name
Julie Adamic
Title
Director
Phone
8017965646
Signed
2014-02-17

Organization Details

Formed
2001
Legal Domicile
Ut
Voting Board Members
8
Independent Board Members
8
Employees
29
Volunteers
100

Preparer

Preparer
Russell D Olsen CPA
Phone
8017983545
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

In partnership with parents, the community, and in cooperation with alpine school district, the organization's purpose is to provide continuously challengin curriculum in a safe and nurturing learning environment. Our primary goal is to instill the love of learning and to prepare students to become responsible citizens and productive members of the community

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0530658
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0696271
IRS990ScheduleD/EquipmentGrp/BookValueAmt069072
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0260346
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0329418
IRS990ScheduleD/ExpensesSubtotalAmt01142330
IRS990ScheduleD/LandGrp/BookValueAmt0407087
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0407087
IRS990ScheduleD/RevenueSubtotalAmt01154999
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0641772
IRS990ScheduleD/TotalExpensesPerForm990Amt01142330
IRS990ScheduleD/TotalRevenuePerForm990Amt01154999
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01154999
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01142330
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THIS ENTITY IS EXCUSED FROM FORMAL COMPLIANCE WITH THE REV. PRO C. 75-50 AS LONG AS THE SCHOOL'S CHARTER AGREEMENT WITH THE STA TE OF UTAH REMAINS IN EFFECT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THIS ENTITY RECEIVES STATE AND FEDERAL GRANTS TO OPERATE THE SCHOOL
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DARK CANYON DEVELOPMENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0TECHNOLOGY SERVICES
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE BOARD BELIEVES THE ABOVE REFERENCED TRANSACTION IS CONSUMATED ON AN "ARMS'S LENGTH" BASIS.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN PARTNERSHIP WITH PARENTS, THE COMMUNITY, AND IN COOPERATION WITH ALPINE SCHOOL DISTRICT, THE ORGANIZATION'S PURPOSE IS TO PROVIDE CONTINUOUSLY CHALLENGIN CURRICULUM IN A SAFE AND NURTURING LEARNING ENVIRONMENT. OUR PRIMARY GOAL IS TO INSTILL THE LOVE OF LEARNING AND TO PREPARE STUDENTS TO BECOME RESPONSIBLE CITIZENS AND PRODUCTIVE MEMBERS OF THE COMMUNITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTOR AND BOARD MEMBERS REVIEW THE FORM 990 AT A REGULARLY SCHEDULED BOARD MEETING PRIOR TO THE FILING OF FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE CHARTER SCHOOL. AUDITED FINANCIAL STATEMENTS ARE ALSO AVAI LABLE ON THE UTAH STATE AUDITOR'S OFFICE WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01161541
IRS990/TotalAssetsEOYAmt01159790
IRS990/TotalAssetsGrp/BOYAmt01161541
IRS990/TotalAssetsGrp/EOYAmt01159790
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01119031
IRS990/TotalEmployeeCnt029
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0163038
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0979292
IRS990/TotalFunctionalExpensesGrp/TotalAmt01142330
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0276095
IRS990/TotalLiabilitiesEOYAmt0261675
IRS990/TotalLiabilitiesGrp/BOYAmt0276095
IRS990/TotalLiabilitiesGrp/EOYAmt0261675
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0885446
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0898115
IRS990/TotalProgramServiceExpensesAmt0979292
IRS990/TotalProgramServiceRevenueAmt09383
IRS990/TotalReportableCompFromOrgAmt082202
IRS990/TotalRevenueGrp/ExclusionAmt011011
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt024957
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01154999
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01161541
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01159790
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0885446
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0898115
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.JOHNHANCOCKCS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIE ADAMIC
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08017965646
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-02-17
ReturnHeader/Filer/BusinessName/BusinessNameLine10JOHN HANCOCK CHARTER SCHOOL
ReturnHeader/Filer/BusinessName/BusinessNameLine20FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0JOHN
ReturnHeader/Filer/EIN0870685095
ReturnHeader/Filer/PhoneNum08017965646
ReturnHeader/Filer/USAddress/AddressLine10125 NORTH 100 EAST
ReturnHeader/Filer/USAddress/City0PLEASANT GROVE
ReturnHeader/Filer/USAddress/State0UT
ReturnHeader/Filer/USAddress/ZIPCode084062
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0870516083
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10LARSON & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10765 N MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0SPANISH FORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode084660
ReturnHeader/PreparerPersonGrp/PhoneNum08017983545
ReturnHeader/PreparerPersonGrp/PreparationDt02014-12-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RUSSELL D OLSEN CPA
ReturnHeader/ReturnTs02014-12-05T14:42:52-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$29.4$30.7$1.35$12.5$13.0$0.55
2024Detailed filing. Detailed filing data is available for this year.$25.3$26.1$0.79$10.2$11.4$1.27
2023Detailed filing. Detailed filing data is available for this year.$25.6$24.7$0.96$3.91$3.58$0.33
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.21$0.93$1.97$1.99$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.21$0.25$0.95$1.74$1.70$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.12$0.93$1.49$1.54$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.15$0.15$1.00$1.36$1.36$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.18$0.20$0.98$1.47$1.47$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.21$0.23$0.98$1.37$1.33$0.04
2016Summary only. Only limited summary data is available for this year.$1.16$0.22$0.94$1.22$1.19$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.15$0.24$0.91$1.18$1.17$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.16$0.26$0.90$1.15$1.14$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.28$0.89$1.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.31$0.92$1.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.36$0.91$1.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.38$0.88$1.17