Civic Intelligence

Granite Education Foundation Inc.

990 • Fiscal year 2017 • EIN 94-2951639

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 12, 2018

Organization ProfileWWW.GRANITEEDUCATIONFOUNDATION.ORG
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

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

44th percentile

1.2%

Higher net margin than 44% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

75th percentile

$116,397

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

32nd percentile

-1.8%

Faster revenue growth than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$2,879,599

Up $280,685 (+11%) from 2016

Net Assets

Up

$2,815,878

Up $251,146 (+9.8%) from 2016

Liabilities

Up

$63,721

Up $29,539 (+86%) from 2016

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin44th percentile

Revenue

Down

$3,776,481

Down $70,237 (-1.8%) from 2016

Expenses

Down

$3,730,863

Down $52,834 (-1.4%) from 2016

Net Income

Down

$45,618

Down $17,403 (-28%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

2017

Assets$2,879,599
Liabilities$63,721
Net Assets$2,815,878
Open 2017 Filing

Operations Trend

Revenue Growth32nd percentile

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

2017

Revenue$3,776,481
Expenses$3,730,863
Net Income$45,618
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 12, 2018
Return Version
2016v3.0
Gross Receipts
$3,813,897
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$2,335,655$2,424,498▲ $88,843
Savings and Temporary Cash Investments$263,259$455,101▲ $191,842
Total Assets$2,598,914$2,879,599▲ $280,685
Liabilities
Accounts Payable and Accrued Expenses$34,182$63,721▲ $29,539
Total Liabilities$34,182$63,721▲ $29,539
Net Assets / Fund Balance
Unrestricted Net Assets$2,095,353$2,091,180▼ $4,173
Temporarily Rstr Net Assets$469,379$724,698▲ $255,319
Total Net Assets Fund Balance$2,564,732$2,815,878▲ $251,146
Total Liabilities and Net Assets / Fund Balance$2,598,914$2,879,599▲ $280,685
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brent SevereExecutive DiFT$96,631$19,766$116,397

Board Members and Trustees

NameTitle
Randy WoodburyBoard Chair
Cindy FormellerBoard Member
David JamesBoard Member
Elissa McconkieBoard Member
Garrett LawsBoard Member
Jon TingeyBoard Member
Jose EnriquezBoard Member
Katharine NewtonBoard Member
Paul TerryBoard Member
Peter HojBoard Member
Richard Madsen IiBoard Member
Stephanie GallegosBoard Member
Terri SmithBoard Member
Tina WestBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$3,614,428
Program Service Revenue
$0
Investment Income
$44,058
Other Revenue
$117,995
All Other Contributions
$3,053,942
Change in Net Assets
$45,618

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 Table10$1,211,978Estimated Market Value
Other Non Cash Contri Table2$821,600Estimated Market Value
Other Non Cash Contri Table1$302,925Estimated Market Value
Clothing and Household Goods-$75,481Estimated Market Value
Books and Publications-$32,874Estimated Market Value
Food Inventory1$4,781Estimated Market Value
Drugs and Medical Supplies1$970Estimated Market Value
Total Noncash Contributions15$2,450,609-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,325,872
Revenue Not Reported on Financial Statements
$2,450,609
Revenue Not Reported on Form 990
$232,617
Other Revenue Adjustments
$2,450,609
Total Revenue per Audited Statements
$1,558,489
Total Revenue per Form 990
$3,776,481
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,940,019
Other Expenses$464,320
Salaries, Compensation, and Employee Benefits$326,524
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,781,029--$2,781,029
Grants to Domestic Individuals$158,990--$158,990
Other Salaries and Wages-$111,746-$111,746
Current Officers, Directors, Trustees, and Key Employees-$96,631-$96,631
Information Technology$76,215--$76,215
Other Employee Benefits-$55,957-$55,957
Fees for Services Other$48,765--$48,765
Pension Plan Contributions-$47,204-$47,204
Travel$29,229$251-$29,480
Office Expenses$636$14,934-$15,570
Payroll Taxes-$14,986-$14,986
Occupancy$3,291--$3,291
Other Expenses$2,025--$2,025
Conferences and Meetings$1,717--$1,717
Advertising$716--$716
Total Functional Expenses$3,389,154$341,709$0$3,730,863

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,730,863
Expenses Not Reported on Financial Statements$2,450,609
Other Expense Adjustments$2,450,609
Total Expenses per Audited Statements$1,307,343
Expenses per Audited Statements$1,280,254
Expenses Not Reported on Form 990$27,089
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Granite School DistrictSalt Lake City, UTGovEnhance Education$330,420
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$145,084
Fundraising Direct Expenses$27,089
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Souper Bowl of$96,656$96,656$6,246$90,410
Golf Tournament$37,918$37,918$13,129$24,789
Total Events$145,084$145,084$27,089$117,995
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 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

“Board receives a copy of form 990 for review and approval prior to filing.”

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

“Conflicts of interest are reviewed annually.”

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 docuemnts 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
2018-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Severe
Formed
1988
Legal Domicile
Ut
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
1,019

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 27,089 noncash contributions -2,450,609 fundraising expenses -27,089 noncash expenses 2,450,609”

Financial Statement Notes

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

“Fundraising expenses 27,089”

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

“Noncash contributions 2,450,609”

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

“Fundraising expenses 27,089”

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

“Noncash expenses 2,450,609”

Raw XML AppendixShowing 400 of 574 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/BOYAmt034182
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt063721
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE GRANITE DISTRICT STUDENTS ACCESS TO RESOURCES THAT IMPROVE EDUCATIONAL OUTCOMES.
IRS990/AdvertisingGrp/ProgramServicesAmt0716
IRS990/AdvertisingGrp/TotalAmt0716
IRS990/AllOtherContributionsAmt03053942
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/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt096631
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt096631
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01717
IRS990/ConferencesMeetingsGrp/TotalAmt01717
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03614428
IRS990/CYGrantsAndSimilarPaidAmt02940019
IRS990/CYInvestmentIncomeAmt044058
IRS990/CYOtherExpensesAmt0464320
IRS990/CYOtherRevenueAmt0117995
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt045618
IRS990/CYSalariesCompEmpBnftPaidAmt0326524
IRS990/CYTotalExpensesAmt03730863
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03776481
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0true
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0SCHOLARSHIPS - PROVIDE ART AND GENERAL NEEDS BASED SCHOLARSHIPS TO STUDENTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0143990
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FederatedCampaignsAmt0240525
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt048765
IRS990/FeesForServicesOtherGrp/TotalAmt048765
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
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/AverageHoursPerWeekRt1440.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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/OtherCompensationAmt1419766
IRS990/Form990PartVIISectionAGrp/PersonNm0JOSE ENRIQUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm1JON TINGEY
IRS990/Form990PartVIISectionAGrp/PersonNm2KATHARINE NEWTON
IRS990/Form990PartVIISectionAGrp/PersonNm3CINDY FORMELLER
IRS990/Form990PartVIISectionAGrp/PersonNm4PETER HOJ
IRS990/Form990PartVIISectionAGrp/PersonNm5TERRI SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm6RANDY WOODBURY
IRS990/Form990PartVIISectionAGrp/PersonNm7STEPHANIE GALLEGOS
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm9GARRETT LAWS
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD MADSEN II
IRS990/Form990PartVIISectionAGrp/PersonNm11ELISSA MCCONKIE
IRS990/Form990PartVIISectionAGrp/PersonNm12PAUL TERRY
IRS990/Form990PartVIISectionAGrp/PersonNm13TINA WEST
IRS990/Form990PartVIISectionAGrp/PersonNm14BRENT SEVERE
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/ReportableCompFromOrgAmt1496631
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/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD CHAIR
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/TitleTxt14EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt027089
IRS990/FundraisingGrossIncomeAmt0145084
IRS990/GainOrLossGrp/SecuritiesAmt0430
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0319961
IRS990/GrantAmt0143990
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0158990
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0158990
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02781029
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02781029
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt010757
IRS990/GrossReceiptsAmt03813897
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt076215
IRS990/InformationTechnologyGrp/TotalAmt076215
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt043628
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt043628
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02335655
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02424498
IRS990/IRPDocumentCnt049
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0UT
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt010327
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE GRANITE DISTRICT STUDENTS ACCESS TO RESOURCES THAT IMPROVE EDUCATIONAL OUTCOMES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02564732
IRS990/NetAssetsOrFundBalancesEOYAmt02815878
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0430
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0430
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0117995
IRS990/NetUnrlzdGainsLossesInvstAmt0205528
IRS990/NoncashContributionsAmt02450609
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt03291
IRS990/OccupancyGrp/TotalAmt03291
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014934
IRS990/OfficeExpensesGrp/ProgramServicesAmt0636
IRS990/OfficeExpensesGrp/TotalAmt015570
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt055957
IRS990/OtherEmployeeBenefitsGrp/TotalAmt055957
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/Desc3COURSEWARE
IRS990/OtherExpensesGrp/ProgramServicesAmt0154833
IRS990/OtherExpensesGrp/ProgramServicesAmt191815
IRS990/OtherExpensesGrp/ProgramServicesAmt239893
IRS990/OtherExpensesGrp/ProgramServicesAmt32025
IRS990/OtherExpensesGrp/TotalAmt0154833
IRS990/OtherExpensesGrp/TotalAmt191815
IRS990/OtherExpensesGrp/TotalAmt239893
IRS990/OtherExpensesGrp/TotalAmt32025
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0111746
IRS990/OtherSalariesAndWagesGrp/TotalAmt0111746
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014986
IRS990/PayrollTaxesGrp/TotalAmt014986
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt047204
IRS990/PensionPlanContributionsGrp/TotalAmt047204
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BRENT SEVERE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0SUMMER RESEARCH & TEACHER EXCEL AWARDS - FUNDS USED TO PROMOTE RESEARCH EFFORTS BY TEACHERS AND TO PROVIDE AWARDS TO OUTSTANDING TEACHERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt015000
IRS990/ProgSrvcAccomActy3Grp/Desc0ASSISTANCE TO SCHOOLS - COMPUTERS, SOFTWARE, TEXTBOOKS, SCHOOL SUPPLIES, AND PROFESSIONAL SERVICES FOR STUDENTS AND SCHOOLS WITHIN GRANITE SCHOOL DISTRICT.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03230164
IRS990/ProgSrvcAccomActy3Grp/GrantAmt02781029
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03780420
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt03066899
IRS990/PYInvestmentIncomeAmt037127
IRS990/PYOtherExpensesAmt0398504
IRS990/PYOtherRevenueAmt029171
IRS990/PYRevenuesLessExpensesAmt063021
IRS990/PYSalariesCompEmpBnftPaidAmt0318294
IRS990/PYTotalExpensesAmt03783697
IRS990/PYTotalRevenueAmt03846718
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt045618
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0263259
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0455101
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SPECIAL EVENTS REVENUE 481,226
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03614428
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03780420
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03983503
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01314624
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0901903
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt013594878
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt043628
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt037127
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt069502
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0335414
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0207521
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0693192
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0188712
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0117995
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt029171
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt048627
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt075799
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0209634
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0481226
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.59780
IRS990ScheduleA/PublicSupportPY170Pct00.90840
IRS990ScheduleA/PublicSupportTotal170Amt08829591
IRS990ScheduleA/SubstantialContributorsTotAmt04765287
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03614428
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03780420
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03983503
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01314624
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0901903
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt013594878
IRS990ScheduleA/TotalSupportAmt014769296
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/ExpensesNotReportedAmt027089
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02450609
IRS990ScheduleD/ExpensesSubtotalAmt01280254
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0205528
IRS990ScheduleD/OtherExpensesIncludedAmt027089
IRS990ScheduleD/OtherExpensesNotIncludedAmt02450609
IRS990ScheduleD/OtherRevenueAmt027089
IRS990ScheduleD/OtherRevenuesNotIncludedAmt02450609
IRS990ScheduleD/RevenueNotReportedAmt0232617
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt02450609
IRS990ScheduleD/RevenueSubtotalAmt01325872
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES 27,089
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NONCASH CONTRIBUTIONS 2,450,609
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 27,089
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3NONCASH EXPENSES 2,450,609
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/TotalExpensesPerForm990Amt03730863
IRS990ScheduleD/TotalRevenuePerForm990Amt03776481
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01558489
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01307343
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt027089
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SOUPER BOWL OF
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt05765
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt05765
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt096656
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt037918
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt010510
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0145084
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt096656
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt037918
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt010510
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0145084
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0117995
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt01949
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01949
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019375
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06246
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt013129
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0143990
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt115000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1TEACHER AWARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt072
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt115
IRS990ScheduleI/RecipientTable/CashGrantAmt0330420
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt02450609
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,879,599
Liabilities
$63,721
Net assets
$2,815,878
Revenue
$3,776,481
Expenses
$3,730,863
Net income
$45,618
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