Civic Intelligence

Granite Education Foundation Inc.

990 • Fiscal year 2015 • EIN 94-2951639

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 23, 2016

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

31st percentile

0.02x

Higher debt load relative to assets than 31% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

80th percentile

22%

Higher net margin than 80% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

83rd percentile

$143,741

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

60th percentile

3.7%

Faster asset growth than 60% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

96th percentile

142%

Faster revenue growth than 96% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,653,077

Up $93,630 (+3.7%) from 2014

Net Assets

Up

$2,591,636

Up $887,446 (+52%) from 2014

Liabilities

Down

$61,441

Down $793,816 (-93%) from 2014

Revenue

Up

$4,101,632

Up $2,409,588 (+142%) from 2014

Expenses

Up

$3,214,186

Up $1,917,495 (+148%) from 2014

Net Income

Up

$887,446

Up $492,093 (+124%) from 2014

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

2015

Assets$2,653,077
Liabilities$61,441
Net Assets$2,591,636

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

2015

Revenue$4,101,632
Expenses$3,214,186
Net Income$887,446
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 23, 2016
Return Version
2014v6.0
Gross Receipts
$4,149,768
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.

To provide granite district students access to resources that improve educational outcomes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,333,061$2,401,908▲ $68,847
Savings and Temporary Cash Investments$226,386$251,118▲ $24,732
Prepaid Expenses and Deferred Charges-$51-
Total Assets$2,559,447$2,653,077▲ $93,630
Liabilities
Accounts Payable and Accrued Expenses$855,257$61,441▼ $793,816
Total Liabilities$855,257$61,441▼ $793,816
Net Assets / Fund Balance
Unrestricted Net Assets$1,295,462$2,155,875▲ $860,413
Temporarily Rstr Net Assets$408,728$435,761▲ $27,033
Total Net Assets Fund Balance$1,704,190$2,591,636▲ $887,446
Total Liabilities and Net Assets / Fund Balance$2,559,447$2,653,077▲ $93,630
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Brent SevereExecutive DiFT$143,741$143,741

Board Members and Trustees

NameTitle
Jennifer WunderliChair
Allyson ChardBoard Member
Bob ReedBoard Member
Jon TingeyBoard Member
Katharine NewtonBoard Member
Miriam WatermanBoard Member
Peter HojBoard Member
Terri SmithBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$3,983,503
Program Service Revenue
$0
Investment Income
$69,502
Other Revenue
$48,627
All Other Contributions
$3,668,773
Change in Net Assets
$887,446

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
Other Non Cash Contri Table84$2,089,896Estimated Market Value
Clothing and Household Goods-$53,823Estimated Market Value
Works of Art2$3,068Estimated Market Value
Collectibles1$550Estimated Market Value
Food Inventory4$143Estimated Market Value
Total Noncash Contributions91$2,147,480-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,954,152
Revenue Not Reported on Financial Statements
$2,147,480
Revenue Not Reported on Form 990
$48,136
Other Revenue Adjustments
$2,147,480
Total Revenue per Audited Statements
$2,002,288
Total Revenue per Form 990
$4,101,632
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,662,552
Salaries, Compensation, and Employee Benefits$316,061
Other Expenses$235,573
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,481,610--$2,481,610
Grants to Domestic Individuals$180,942--$180,942
Other Salaries and Wages-$110,224-$110,224
Current Officers, Directors, Trustees, and Key Employees-$97,005-$97,005
Other Employee Benefits-$48,050-$48,050
Pension Plan Contributions-$45,820-$45,820
Fees for Services Other$43,615--$43,615
Other Expenses$21,161--$21,161
Payroll Taxes-$14,962-$14,962
All Other Expenses$11,300--$11,300
Office Expenses$243$10,444-$10,687
Travel$7,940$419-$8,359
Conferences and Meetings$7,387--$7,387
Occupancy$3,092--$3,092
Information Technology$2,345--$2,345
Advertising$748--$748
Total Functional Expenses$2,887,262$326,924$0$3,214,186

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,214,186
Expenses Not Reported on Financial Statements$2,147,480
Other Expense Adjustments$2,147,480
Total Expenses per Audited Statements$1,114,842
Expenses per Audited Statements$1,066,706
Expenses Not Reported on Form 990$48,136
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Granite School DistrictSalt Lake City, UTGovEnhance Education$334,130
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$96,763
Fundraising Direct Expenses$48,136
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Excel Dinner$79,743$79,743$2,568$77,175
Golf Tournament$17,020$17,020$1,961$15,059
Total Events$96,763$96,763$48,136$48,627
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
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
No
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 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

Governing documents are available upon request just as forms 990.

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
Director
Phone
3856464483
Signed
2016-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Severe
Formed
1988
Legal Domicile
Ut
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
650

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, Part XI, Line 9

Fundraising expenses 48,136 noncash contributions -2,147,480 fundraising expenses -48,136 noncash expenses 2,147,480

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Fundraising expenses 48,136

Schedule D, Page 4, Part XI, Line 4B

Noncash contributions 2,147,480

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 48,136

Schedule D, Page 4, Part XII, Line 4B

Noncash expenses 2,147,480

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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01314624
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0317130
IRS990/PYInvestmentIncomeAmt0335414
IRS990/PYOtherExpensesAmt0603226
IRS990/PYOtherRevenueAmt042006
IRS990/PYRevenuesLessExpensesAmt0395353
IRS990/PYSalariesCompEmpBnftPaidAmt0376335
IRS990/PYTotalExpensesAmt01296691
IRS990/PYTotalRevenueAmt01692044
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0887446
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0226386
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0251118
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SPECIAL EVENTS REVENUE 681,041
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03983503
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01314624
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0901903
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01327994
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01190417
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08718441
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt069502
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0335414
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0207521
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt052941
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0239778
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0905156
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0166265
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt048627
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt075799
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0209634
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0140284
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0206697
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0681041
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84610
IRS990ScheduleA/PublicSupportPY170Pct00.79500
IRS990ScheduleA/PublicSupportTotal170Amt08718441
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03983503
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01314624
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0901903
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01327994
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01190417
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08718441
IRS990ScheduleA/TotalSupportAmt010304638
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
IRS990ScheduleD/ExpensesNotReportedAmt048136
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02147480
IRS990ScheduleD/ExpensesSubtotalAmt01066706
IRS990ScheduleD/OtherExpensesIncludedAmt048136
IRS990ScheduleD/OtherExpensesNotIncludedAmt02147480
IRS990ScheduleD/OtherRevenueAmt048136
IRS990ScheduleD/OtherRevenuesNotIncludedAmt02147480
IRS990ScheduleD/RevenueNotReportedAmt048136
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt02147480
IRS990ScheduleD/RevenueSubtotalAmt01954152
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES 48,136
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NONCASH CONTRIBUTIONS 2,147,480
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 48,136
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3NONCASH EXPENSES 2,147,480
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalExpensesPerForm990Amt03214186
IRS990ScheduleD/TotalRevenuePerForm990Amt04101632
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02002288
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01114842
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt048136
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0EXCEL DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt011951
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt05320
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt017271
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt079743
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt017020
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt096763
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt079743
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt017020
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt096763
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt048627
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt017447
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt017447
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04529
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02568
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01961
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03769
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt05120
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt08889
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0155076
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt125866
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1TEACHER AWARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0154
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt171
IRS990ScheduleI/RecipientTable/CashGrantAmt0334130
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt02147480
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
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0ESTIMATED MARKET VALUE
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt053823
IRS990ScheduleM/CollectiblesGrp/ContributionCnt01
IRS990ScheduleM/CollectiblesGrp/MethodOfDeterminingRevenuesTxt0ESTIMATED MARKET VALUE
IRS990ScheduleM/CollectiblesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CollectiblesGrp/NoncashContributionsRptF990Amt0550
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt04
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0ESTIMATED MARKET VALUE
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt0143
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt084
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SUPPLIES/CERTIF
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0ESTIMATED MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt02089896
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990ScheduleM/WorksOfArtGrp/ContributionCnt02
IRS990ScheduleM/WorksOfArtGrp/MethodOfDeterminingRevenuesTxt0ESTIMATED MARKET VALUE
IRS990ScheduleM/WorksOfArtGrp/NonCashCheckboxInd0X
IRS990ScheduleM/WorksOfArtGrp/NoncashContributionsRptF990Amt03068
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE DIRECTOR REVIEWS FORM 990 PRIOR TO FILING. BOARD DOESN'T RECEIVE A COPY OF FORM 990 PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES IN THE ORGANIZATION FOR WHICH A COMPENSATION REVIEW WOULD BE REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST JUST AS FORMS 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FUNDRAISING EXPENSES 48,136 NONCASH CONTRIBUTIONS -2,147,480 FUNDRAISING EXPENSES -48,136 NONCASH EXPENSES 2,147,480
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GRANITE SCHOOL DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0876000494
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0UT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt06
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02500 SOUTH STATE

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