Civic Intelligence

Granite Education Foundation Inc.

990 • Fiscal year 2020 • EIN 94-2951639

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 10, 2021

2500 S State StreetSalt Lake City, UT 84115

(385) 646-4483

Siviq Scores

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

Liabilities / Assets

38th percentile

0.04x

Higher debt load relative to assets than 38% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

30th percentile

0.04x

Higher debt load relative to revenue than 30% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

27th percentile

-6.3%

Higher net margin than 27% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

88th percentile

$180,483

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

12th percentile

-6.7%

Faster asset growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

15th percentile

-32%

Faster revenue growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$3,132,862

Down $225,678 (-6.7%) from 2019

Net Assets

Down

$2,998,883

Down $311,767 (-9.4%) from 2019

Liabilities

Up

$133,979

Up $86,089 (+180%) from 2019

Revenue

Down

$3,546,400

Down $1,655,302 (-32%) from 2019

Expenses

Down

$3,769,290

Down $1,383,158 (-27%) from 2019

Net Income

Down

-$222,890

Down $272,144 (-553%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,834,353Liabilities 2010: $939,678Net Assets 2010: $894,6752010Assets 2011: $2,249,391Liabilities 2011: $1,194,003Net Assets 2011: $1,055,3882011Assets 2012: $2,139,566Liabilities 2012: $960,454Net Assets 2012: $1,179,1122012Assets 2013: $2,367,894Liabilities 2013: $1,059,057Net Assets 2013: $1,308,8372013Assets 2014: $2,559,447Liabilities 2014: $855,257Net Assets 2014: $1,704,1902014Assets 2015: $2,653,077Liabilities 2015: $61,441Net Assets 2015: $2,591,6362015Assets 2016: $2,598,914Liabilities 2016: $34,182Net Assets 2016: $2,564,7322016Assets 2017: $2,879,599Liabilities 2017: $63,721Net Assets 2017: $2,815,8782017Assets 2018: $3,386,317Liabilities 2018: $123,483Net Assets 2018: $3,262,8342018Assets 2019: $3,358,540Liabilities 2019: $47,890Net Assets 2019: $3,310,6502019Assets 2020: $3,132,862Liabilities 2020: $133,979Net Assets 2020: $2,998,8832020Assets 2021: $3,685,404Liabilities 2021: $188,381Net Assets 2021: $3,497,0232021Assets 2022: $3,539,208Liabilities 2022: $1,056,831Net Assets 2022: $2,482,3772022Assets 2023: $3,555,781Liabilities 2023: $382,220Net Assets 2023: $3,173,5612023Assets 2024: $4,045,674Liabilities 2024: $435,787Net Assets 2024: $3,609,8872024

Highlighted filing

2020

Assets$3,132,862
Liabilities$133,979
Net Assets$2,998,883

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,304,2672010Revenue 2011: $1,406,561Expenses 2011: $1,245,848Net Income 2011: $160,7132011Expenses 2012: $1,145,1462012Expenses 2013: $1,088,4882013Revenue 2014: $1,692,044Expenses 2014: $1,296,691Net Income 2014: $395,3532014Revenue 2015: $4,101,632Expenses 2015: $3,214,186Net Income 2015: $887,4462015Revenue 2016: $3,846,718Expenses 2016: $3,783,697Net Income 2016: $63,0212016Revenue 2017: $3,776,481Expenses 2017: $3,730,863Net Income 2017: $45,6182017Revenue 2018: $5,043,588Expenses 2018: $4,546,758Net Income 2018: $496,8302018Revenue 2019: $5,201,702Expenses 2019: $5,152,448Net Income 2019: $49,2542019Revenue 2020: $3,546,400Expenses 2020: $3,769,290Net Income 2020: -$222,8902020Revenue 2021: $4,697,989Expenses 2021: $4,779,411Net Income 2021: -$81,4222021Revenue 2022: $3,029,089Expenses 2022: $3,231,950Net Income 2022: -$202,8612022Revenue 2023: $4,364,698Expenses 2023: $4,216,541Net Income 2023: $148,1572023Revenue 2024: $4,797,645Expenses 2024: $4,629,503Net Income 2024: $168,1422024

Highlighted filing

2020

Revenue$3,546,400
Expenses$3,769,290
Net Income-$222,890
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 10, 2021
Return Version
2019v5.0
Gross Receipts
$3,885,151
Mission and Program Overview

Mission

The mission of granite education foundation is to improve educational outcomes by strengthening the granite school district community. This is accomplished through the engagement of business and community partners in the support of granite school district and the academic achievement of all its students. Our vision is that we will help prepare granite school district students with opportunities to succeed in higher education, career, and life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,666,414$2,644,843▼ $21,571
Savings and Temporary Cash Investments$692,126$488,019▼ $204,107
Total Assets$3,358,540$3,132,862▼ $225,678
Liabilities
Accounts Payable and Accrued Expenses$47,890$133,979▲ $86,089
Total Liabilities$47,890$133,979▲ $86,089
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,516,957$2,100,542▼ $416,415
Net Assets With Donor Restrictions$793,693$898,341▲ $104,648
Total Net Assets Fund Balance$3,310,650$2,998,883▼ $311,767
Total Liabilities and Net Assets / Fund Balance$3,358,540$3,132,862▼ $225,678
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Brent SevereExecutive DiFT$180,483$180,483

Board Members and Trustees

NameTitle
Randy WoodburyBoard Chair
Anthony BennettBoard Member
Aubriana MartindaleBoard Member
Carrie JohnsonBoard Member
Cindy FormellerBoard Member
David JamesBoard Member
Garrett LawsBoard Member
Katharine NewtonBoard Member
Lauren MerkleyBoard Member
Mark NortonBoard Member
Richard Madsen IiBoard Member
Robynn EcclesBoard Member
Sean MarchantBoard Member
Steven RaguskusBoard Member
Terri HeydukBoard Member
Tina WestBoard Member
Travis DraperBoard Member
Brent SevereExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$3,478,517
Program Service Revenue
$0
Investment Income
$69,684
Other Revenue
$-1,801
All Other Contributions
$3,045,425
Change in Net Assets
$-222,890

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$1,056,825Estimated Market Value
Other Non Cash Contri Table22$614,581Estimated Market Value
Food Inventory185$490,324Estimated Market Value
Books and Publications-$18,610Estimated Market Value
Total Noncash Contributions207$2,180,340-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,998,541
Other Expenses$1,022,779
Salaries, Compensation, and Employee Benefits$747,970
Total Fundraising Expense$159,434
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,871,041--$1,871,041
Other Salaries and Wages$262,359$86,148$43,073$391,580
Information Technology$113,674$15,207$59,817$188,698
Grants to Domestic Individuals$127,500--$127,500
Current Officers, Directors, Trustees, and Key Employees$83,028$27,263$13,631$123,922
Pension Plan Contributions$76,708$25,188$12,593$114,489
Other Employee Benefits$53,539$17,580$8,790$79,909
Fees for Services Other$64,993$2,172-$67,165
Travel$44,823$9,990$362$55,175
Payroll Taxes$25,507$8,375$4,188$38,070
Office Expenses$9,494$1,201$1,526$12,221
Occupancy$11,532--$11,532
Other Expenses$5,087$3,411$7,841$5,087
Insurance$4,384--$4,384
All Other Expenses$2,570$1,001$83$3,654
Advertising--$40$40
Total Functional Expenses$3,407,053$202,803$159,434$3,769,290
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Granite School DistrictSalt Lake City, UTGovEnhance Education$123,793
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,133
Fundraising Gross Income$8,332
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Executive director reviews form 990 prior to filing. Board doesn't receive a copy of form 990 prior to its filing.

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

Conflicts of interest are identified and discussed regularly.

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

The director is compensated by granite school district for his services to granite education foundation. His salary is determined by the district salary schedule which is set by the board of education.

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

There are no other officers or key employees in the organization for which a compensation review would be required.

Form 990, Page 6, Part VI, Line 19

Such documents and forms 990 are available upon request.

Filing and Contact Details

Filer

Filer Name
Granite Education Foundation
EIN
94-2951639
Phone
3856464483
Address
2500 S STATE STREET, SALT LAKE CITY, UT 84115

Signing Officer

Name
Brent Severe
Title
Executive Director
Phone
8012636236
Signed
2021-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Severe
Formed
1988
Legal Domicile
Ut
Voting Board Members
17
Independent Board Members
15
Employees
0
Volunteers
4,420

Preparer

Firm
Squire & Company Pc
Address
1329 SOUTH 800 EAST, OREM, UT 84097-7737
Preparer
M Paul Winward CPA
Phone
8012256900
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of granite education foundation is to improve educational outcomes by strengthening the granite school district community. This is accomplished through the engagement of business and community partners in the support of granite school district and the academic achievement of all its students. Our vision is that we will help prepare granite school district students with opportunities to succeed in higher education, career, and life.

Form 990, Page 2, Part III, Line 4B

Since granite education foundation's inception in 1988, educator recognition and support has been a key priority. The excel awards are a prestigious honor given to the top ten educators of granite school district and has been sponsored by granite education foundation since the beginning. Students, administrators, parents, and colleagues nominate educators that exemplify the values of granite school district. These individuals are then put through a rigorous review and observation process by experienced education specialist who ultimately identify ten teachers and administrators from all over the district. In mid april, up to 300 individuals from granite school district, supporting businesses, community members, and local leaders gather to recognize and honor ten winners in the night of honors a dinner and award ceremony.

Raw XML AppendixShowing 400 of 578 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt047890
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0133979
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF GRANITE EDUCATION FOUNDATION IS TO IMPROVE EDUCATIONAL OUTCOMES BY STRENGTHENING THE GRANITE SCHOOL DISTRICT COMMUNITY. THIS IS ACCOMPLISHED THROUGH THE ENGAGEMENT OF BUSINESS AND COMMUNITY PARTNERS IN THE SUPPORT OF GRANITE SCHOOL DISTRICT AND THE ACADEMIC ACHIEVEMENT OF ALL ITS STUDENTS. OUR VISION IS THAT WE WILL HELP PREPARE GRANITE SCHOOL DISTRICT STUDENTS WITH OPPORTUNITIES TO SUCCEED IN HIGHER EDUCATION, CAREER, AND LIFE.
IRS990/AdvertisingGrp/FundraisingAmt040
IRS990/AdvertisingGrp/TotalAmt040
IRS990/AllOtherContributionsAmt03045425
IRS990/AllOtherExpensesGrp/FundraisingAmt083
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01001
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02570
IRS990/AllOtherExpensesGrp/TotalAmt03654
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GRANITE EDUCATION FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum03856464483
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02500 S STATE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SALT LAKE CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd084115
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt013631
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt027263
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt083028
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0123922
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03478517
IRS990/CYGrantsAndSimilarPaidAmt01998541
IRS990/CYInvestmentIncomeAmt069684
IRS990/CYOtherExpensesAmt01022779
IRS990/CYOtherRevenueAmt0-1801
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-222890
IRS990/CYSalariesCompEmpBnftPaidAmt0747970
IRS990/CYTotalExpensesAmt03769290
IRS990/CYTotalFundraisingExpenseAmt0159434
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03546400
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE GRANITE EDUCATION FOUNDATION AWARDS NEEDS-BASED SCHOLARSHIP TO GRANITE SCHOOL DISTRICT STUDENTS ANNUALLY. SCHOLARSHIPS RANGE FROM 500-1,500 TO HELP LAUNCH STUDENTS FROM HIGH SCHOOL GRADUATION INTO AN ACCREDITED COLLEGE, UNIVERSITY, OR TECHNICAL COLLEGE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0793693
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0898341
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0117500
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02172
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt064993
IRS990/FeesForServicesOtherGrp/TotalAmt067165
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt052.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt060280
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/PersonNm0BRENT SEVERE
IRS990/Form990PartVIISectionAGrp/PersonNm1ANTHONY BENNETT
IRS990/Form990PartVIISectionAGrp/PersonNm2TRAVIS DRAPER
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBYNN ECCLES
IRS990/Form990PartVIISectionAGrp/PersonNm4CINDY FORMELLER
IRS990/Form990PartVIISectionAGrp/PersonNm5TERRI HEYDUK
IRS990/Form990PartVIISectionAGrp/PersonNm6RICHARD MADSEN II
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm8CARRIE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm9GARRETT LAWS
IRS990/Form990PartVIISectionAGrp/PersonNm10SEAN MARCHANT
IRS990/Form990PartVIISectionAGrp/PersonNm11AUBRIANA MARTINDALE
IRS990/Form990PartVIISectionAGrp/PersonNm12LAUREN MERKLEY
IRS990/Form990PartVIISectionAGrp/PersonNm13KATHARINE NEWTON
IRS990/Form990PartVIISectionAGrp/PersonNm14MARK NORTON
IRS990/Form990PartVIISectionAGrp/PersonNm15STEVEN RAGUSKUS
IRS990/Form990PartVIISectionAGrp/PersonNm16TINA WEST
IRS990/Form990PartVIISectionAGrp/PersonNm17RANDY WOODBURY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0120203
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/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD CHAIR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt010133
IRS990/FundraisingGrossIncomeAmt08332
IRS990/GainOrLossGrp/SecuritiesAmt016145
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GovernmentGrantsAmt0433092
IRS990/GrantAmt0117500
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0127500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0127500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01871041
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01871041
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0344763
IRS990/GrossReceiptsAmt03885151
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt059817
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt015207
IRS990/InformationTechnologyGrp/ProgramServicesAmt0113674
IRS990/InformationTechnologyGrp/TotalAmt0188698
IRS990/InsuranceGrp/ProgramServicesAmt04384
IRS990/InsuranceGrp/TotalAmt04384
IRS990/InvestmentIncomeGrp/ExclusionAmt053539
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt053539
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02666414
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02644843
IRS990/IRPDocumentCnt046
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0UT
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0328618
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF GRANITE EDUCATION FOUNDATION IS TO IMPROVE EDUCATIONAL OUTCOMES BY STRENGTHENING THE GRANITE SCHOOL DISTRICT COMMUNITY. THIS IS ACCOMPLISHED THROUGH THE ENGAGEMENT OF BUSINESS AND COMMUNITY PARTNERS IN THE SUPPORT OF GRANITE SCHOOL DISTRICT AND THE ACADEMIC ACHIEVEMENT OF ALL ITS STUDENTS. OUR VISION IS THAT WE WILL HELP PREPARE GRANITE SCHOOL DISTRICT STUDENTS WITH OPPORTUNITIES TO SUCCEED IN HIGHER EDUCATION, CAREER, AND LIFE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03310650
IRS990/NetAssetsOrFundBalancesEOYAmt02998883
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt016145
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt016145
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-1801
IRS990/NetUnrlzdGainsLossesInvstAmt0-88877
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02516957
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02100542
IRS990/NoncashContributionsAmt02180340
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt011532
IRS990/OccupancyGrp/TotalAmt011532
IRS990/OfficeExpensesGrp/FundraisingAmt01526
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01201
IRS990/OfficeExpensesGrp/ProgramServicesAmt09494
IRS990/OfficeExpensesGrp/TotalAmt012221
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08790
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt017580
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt053539
IRS990/OtherEmployeeBenefitsGrp/TotalAmt079909
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2EQUIPMENT
IRS990/OtherExpensesGrp/Desc3COURSEWARE & TEXTBOOKS
IRS990/OtherExpensesGrp/FundraisingAmt07490
IRS990/OtherExpensesGrp/FundraisingAmt17841
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05267
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13411
IRS990/OtherExpensesGrp/ProgramServicesAmt0225582
IRS990/OtherExpensesGrp/ProgramServicesAmt1209617
IRS990/OtherExpensesGrp/ProgramServicesAmt2215615
IRS990/OtherExpensesGrp/ProgramServicesAmt35087
IRS990/OtherExpensesGrp/TotalAmt0238339
IRS990/OtherExpensesGrp/TotalAmt1220869
IRS990/OtherExpensesGrp/TotalAmt2215615
IRS990/OtherExpensesGrp/TotalAmt35087
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt043073
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt086148
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0262359
IRS990/OtherSalariesAndWagesGrp/TotalAmt0391580
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt04188
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08375
IRS990/PayrollTaxesGrp/ProgramServicesAmt025507
IRS990/PayrollTaxesGrp/TotalAmt038070
IRS990/PensionPlanContributionsGrp/FundraisingAmt012593
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt025188
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt076708
IRS990/PensionPlanContributionsGrp/TotalAmt0114489
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BRENT SEVERE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0SINCE GRANITE EDUCATION FOUNDATION'S INCEPTION IN 1988, EDUCATOR RECOGNITION AND SUPPORT HAS BEEN A KEY PRIORITY. THE EXCEL AWARDS ARE A PRESTIGIOUS HONOR GIVEN TO THE TOP TEN EDUCATORS OF GRANITE SCHOOL DISTRICT AND HAS BEEN SPONSORED BY GRANITE EDUCATION FOUNDATION SINCE THE BEGINNING. STUDENTS, ADMINISTRATORS, PARENTS, AND COLLEAGUES NOMINATE EDUCATORS THAT EXEMPLIFY THE VALUES OF GRANITE SCHOOL DISTRICT. THESE INDIVIDUALS ARE THEN PUT THROUGH A RIGOROUS REVIEW AND OBSERVATION PROCESS BY EXPERIENCED EDUCATION SPECIALIST WHO ULTIMATELY IDENTIFY TEN TEACHERS AND ADMINISTRATORS FROM ALL OVER THE DISTRICT. IN MID APRIL, UP TO 300 INDIVIDUALS FROM GRANITE SCHOOL DISTRICT, SUPPORTING BUSINESSES, COMMUNITY MEMBERS, AND LOCAL LEADERS GATHER TO RECOGNIZE AND HONOR TEN WINNERS IN THE NIGHT OF HONORS A DINNER AND AWARD CEREMONY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt010000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt010000
IRS990/ProgSrvcAccomActy3Grp/Desc0ASSISTANCE TO SCHOOLS - COMPUTERS, SOFTWARE, TEXTBOOKS, SCHOOL SUPPLIES, AND PROFESSIONAL SERVICES FOR STUDENTS AND SCHOOLS WITHIN GRANITE SCHOOL DISTRICT.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03279553
IRS990/ProgSrvcAccomActy3Grp/GrantAmt01871041
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05063307
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt03547013
IRS990/PYInvestmentIncomeAmt092488
IRS990/PYOtherExpensesAmt0750818
IRS990/PYOtherRevenueAmt045907
IRS990/PYRevenuesLessExpensesAmt049254
IRS990/PYSalariesCompEmpBnftPaidAmt0854617
IRS990/PYTotalExpensesAmt05152448
IRS990/PYTotalRevenueAmt05201702
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-222890
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0692126
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0488019
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SPECIAL EVENTS REVENUE 0
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03478517
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05063307
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05324384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03614428
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03780420
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021261056
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt053539
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt047843
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt047875
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt043628
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt037127
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0230012
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0382525
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77680
IRS990ScheduleA/PublicSupportPY170Pct00.72340
IRS990ScheduleA/PublicSupportTotal170Amt016694952
IRS990ScheduleA/SubstantialContributorsTotAmt04566104
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03478517
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05063307
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05324384
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03614428
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03780420
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021261056
IRS990ScheduleA/TotalSupportAmt021491068
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/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0117500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt110000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1TEACHER AWARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt073
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt110
IRS990ScheduleI/RecipientTable/CashGrantAmt0123793
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt01747248
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0SUPPLIES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ENHANCE EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GRANITE SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientEIN0876000494
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02500 S STATE STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SALT LAKE CITY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0UT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd084115
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.05$0.44$3.61$4.80$4.63$0.17
2023Detailed filing. Detailed filing data is available for this year.$3.56$0.38$3.17$4.36$4.22$0.15
2022Detailed filing. Detailed filing data is available for this year.$3.54$1.06$2.48$3.03$3.23$0.20
2021Detailed filing. Detailed filing data is available for this year.$3.69$0.19$3.50$4.70$4.78$0.08
2020Detailed filing. Detailed filing data is available for this year.$3.13$0.13$3.00$3.55$3.77$0.22
2019Detailed filing. Detailed filing data is available for this year.$3.36$0.05$3.31$5.20$5.15$0.05
2018Detailed filing. Detailed filing data is available for this year.$3.39$0.12$3.26$5.04$4.55$0.50
2017Detailed filing. Detailed filing data is available for this year.$2.88$0.06$2.82$3.78$3.73$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.60$0.03$2.56$3.85$3.78$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.65$0.06$2.59$4.10$3.21$0.89
2014Detailed filing. Detailed filing data is available for this year.$2.56$0.86$1.70$1.69$1.30$0.40
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$1.06$1.31$1.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.96$1.18$1.15
2011Summary only. Only limited summary data is available for this year.$2.25$1.19$1.06$1.41$1.25$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.94$0.89$1.30