Totals
- Total revenue
- $33,242,867
- Total expenses
- $30,374,682
- Contributions and grants received
- $30,914,719
- Grants paid
- $0
- Program service revenue
- $1,097,856
- Investment income
- $1,035,477
- Other revenue
- $194,815
- Total assets, end of year
- $82,852,696
- Total liabilities, end of year
- $74,072,987
- Net assets or fund balances, end of year
- $8,779,709
- Program services expenses (Part IX)
- $27,352,108
- Management and general expenses
- $3,022,574
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $27,352,108
Program services were 90.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$30,542,776
-
1f · All other contributions, gifts and grants
$371,943
-
2a · Program service revenue: Food services, local
total $559,468 · related or exempt $559,468
-
2b · Program service revenue: Student fees
total $538,388 · related or exempt $538,388
-
3 · Investment income
total $1,035,477 · related or exempt $1,035,477
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$194,815
-
8c · Net income from fundraising events
total $194,815
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $593,669 · program services $207,501 · management and general $386,168
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $14,929,481 · program services $13,407,286 · management and general $1,522,195
-
8 · Pension plan contributions
total $2,788,645 · program services $2,451,404 · management and general $337,241
-
9 · Other employee benefits
total $1,693,190 · program services $1,446,777 · management and general $246,413
-
10 · Payroll taxes
total $1,054,679 · program services $929,973 · management and general $124,706
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $19,087 · management and general $19,087
-
13 · Office expenses
total $151,918 · program services $74,283 · management and general $77,635
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $679,595 · program services $679,595
-
17 · Travel
total $55,953 · program services $53,532 · management and general $2,421
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $2,218,887 · program services $2,218,887
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $1,428,072 · program services $1,428,072
-
23 · Insurance
total $178,256 · program services $178,256
-
24a · Other expenses: Debt principal
total $1,581,010 · program services $1,581,010
-
24b · Other expenses: Supplies & Materials
total $1,285,302 · program services $1,284,534 · management and general $768
-
24c · Other expenses: Prof. education services
total $1,008,242 · program services $1,008,242
-
24d · Other expenses: Food supplies
total $627,543 · program services $627,543
-
24e · All other expenses
total $81,153 · program services -$224,787 · management and general $305,940
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $10,761,046 · end of year $9,929,958
-
2 · Savings and temporary cash investments
beginning of year $15,035,180 · end of year $18,161,075
-
3 · Pledges and grants receivable
beginning of year $421,262 · end of year $654,482
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$64,991,303
-
10b · Land, buildings and equipment: accumulated depreciation
$14,985,708
-
10c · Land, buildings and equipment, net
beginning of year $51,025,460 · end of year $50,005,595
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $3,306,053 · end of year $4,101,586
-
17 · Accounts payable and accrued expenses
beginning of year $2,846,328 · end of year $2,782,052
-
19 · Deferred revenue
beginning of year $7,440,389 · end of year $7,830,598
-
20 · Tax-exempt bond liabilities
beginning of year $51,360,000 · end of year $49,790,000
-
24 · Unsecured notes and loans payable
beginning of year $11,010
-
25 · Other liabilities
beginning of year $12,979,750 · end of year $13,670,337
-
27 · Net assets without donor restrictions
beginning of year $5,911,524 · end of year $2,277,836
-
28 · Net assets with donor restrictions
end of year $6,501,873
Mission and programs · 2024
Mission
To manage and operate a Utah public charter school funded by local, state and federal sources.
Activities or mission (Part I)
The Academy's mission is to provide a K-12 education.
-
K-12 education.
Expenses $27,352,108 · Revenue $33,242,867
As filed on the 2024 return.
Listed in Part VII
-
Molly Hart
CEO
- Total calculated
- $147,059
- From this org
- $147,059
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Tanner Polatis
Information Technology
- Total calculated
- $121,355
- From this org
- $121,355
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Brad Wilkinson
CFO
- Total calculated
- $117,754
- From this org
- $117,754
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Travis Cook
CTE
- Total calculated
- $106,959
- From this org
- $106,959
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Angela Grimmer
School Principal
- Total calculated
- $100,542
- From this org
- $100,542
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Wilson Sivertson
Treasurer
- Total calculated
- $0
- Hours/week
- 4
-
Chelsea Welch
Vice Chair
- Total calculated
- $0
- Hours/week
- 4
-
Tracy Ellis
Secretary
- Total calculated
- $0
- Hours/week
- 4
-
Peter Baxter
Chairman
- Total calculated
- $0
- Hours/week
- 4
-
Daynia MacArtney
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Jared Morgan
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Elizabeth Lau
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Alana Johnson
CEO
- Total calculated
- $0
- Hours/week
- 2
-
Jon Eborn
Retired Board
- Total calculated
- $0
- Hours/week
- 2
-
Marcia Whitman
Retired Board
- Total calculated
- $0
- Hours/week
- 2
-
Robin Derbidge
Retired Board
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 16 January 2026
- IRS schema version
- 2024v5.2
- Source object
- 202600169349300015
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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