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Nonprofiteer
← MOUNTAIN SUNRISE ACADEMY INC

Form 990 for tax year 2024

Filed by MOUNTAIN SUNRISE ACADEMY INC.

Totals

Total revenue
$5,495,183
Total expenses
$4,798,158
Contributions and grants received
$5,348,332
Grants paid
$0
Program service revenue
$3,434
Investment income
$143,417
Other revenue
$0
Total assets, end of year
$13,499,656
Total liabilities, end of year
$11,633,195
Net assets or fund balances, end of year
$1,866,461
Program services expenses (Part IX)
$4,069,420
Management and general expenses
$728,738
Fundraising expenses
$0
Program service expenses (Part III)
$4,069,420

Program services were 84.8% 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)

    $5,276,612

  • 1f · All other contributions, gifts and grants

    $71,720

  • 2a · Program service revenue: STUDENT FEES AND ACTIV

    total $3,434 · related or exempt $3,434

  • 3 · Investment income

    total $143,417 · excluded $143,417

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $123,572 · program services $104,804 · management and general $18,768

  • 7 · Other salaries and wages

    total $2,187,780 · program services $1,815,224 · management and general $372,556

  • 8 · Pension plan contributions

    total $86,807 · program services $71,879 · management and general $14,928

  • 9 · Other employee benefits

    total $456,208 · program services $374,720 · management and general $81,488

  • 10 · Payroll taxes

    total $171,801 · program services $142,463 · management and general $29,338

  • 11a · Fees: management

    total $78,648 · management and general $78,648

  • 11b · Fees: legal

    total $4,205 · management and general $4,205

  • 11c · Fees: accounting

    total $19,559 · management and general $19,559

  • 11g · Fees: other

    total $441,358 · program services $441,358

  • 12 · Advertising and promotion

    total $411 · management and general $411

  • 13 · Office expenses

    total $6,129 · program services $6,129

  • 14 · Information technology

    total $60,901 · program services $23,058 · management and general $37,843

  • 16 · Occupancy

    total $171,400 · program services $171,400

  • 17 · Travel

    total $2,964 · program services $2,964

  • 20 · Interest

    total $442,129 · program services $442,129

  • 22 · Depreciation, depletion and amortization

    total $301,877 · program services $301,877

  • 23 · Insurance

    total $30,954 · management and general $30,954

  • 24a · Other expenses: SUPPLIES

    total $92,177 · program services $78,722 · management and general $13,455

  • 24b · Other expenses: EDUCATION MATERIAL

    total $45,230 · program services $45,230

  • 24c · Other expenses: REPAIRS & MAINTENANCE

    total $33,280 · program services $33,280

  • 24d · Other expenses: DUES & FEES

    total $11,933 · management and general $11,933

  • 24e · All other expenses

    total $28,835 · program services $14,183 · management and general $14,652

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $995,508 · end of year $793,757

  • 2 · Savings and temporary cash investments

    beginning of year $37,160 · end of year $36,477

  • 3 · Pledges and grants receivable

    beginning of year $107,642 · end of year $102,210

  • 4 · Accounts receivable

    beginning of year $1,667 · end of year $2,942

  • 9 · Prepaid expenses and deferred charges

    beginning of year $24,645 · end of year $10,635

  • 10a · Land, buildings and equipment: cost or other basis

    $10,310,850

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,015,031

  • 10c · Land, buildings and equipment, net

    beginning of year $9,381,695 · end of year $9,295,819

  • 11 · Investments: publicly traded securities

    beginning of year $2,256,498 · end of year $3,257,816

  • 17 · Accounts payable and accrued expenses

    beginning of year $407,019 · end of year $587,522

  • 20 · Tax-exempt bond liabilities

    beginning of year $11,215,191 · end of year $11,045,673

  • 23 · Secured mortgages and notes payable

    beginning of year $13,169 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $318,422 · end of year $1,017,621

  • 28 · Net assets with donor restrictions

    beginning of year $851,014 · end of year $848,840

Mission and programs · 2024

Mission

MOUNTAIN SUNRISE ACADEMY EMPHASIZES WHOLE CHILD EDUCATION BY UTILIZING WALDORF PRINCIPLES TO PROMOTE ACADEMIC EXCELLENCE THROUGH EDUCATIONAL ARTISTRY AND EXPERIENTIAL LEARNING WHILE INSPIRING THE SPIRIT AND IMAGINATION OF EACH CHILD.

Activities or mission (Part I)

MOUNTAIN SUNRISE ACADEMY EMPHASIZES WHOLE CHILD EDUCATION TO INSPIRE EACH CHILD.

  • PROVIDE OUR STUDENTS WITH AN EDUCATION AND ALLOW THE SCHOOL TO ACCOMPLISH ITS GOALS AS STATED IN ITS MISSION STATEMENT.

    Expenses $4,069,420 · Revenue $3,434

As filed on the 2024 return.

Listed in Part VII

  • Mindy Carruth

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3
  • Bill Mark

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3
  • Alyssa Giles

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • Andrew Watanabe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Steve Southwick

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Richard Carey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Kelsi Bailey

    EXECUTIVE DIRECTOR

    Total calculated
    $58,061
    From this org
    $56,049
    From related orgs
    $0
    Other
    $2,012
    Hours/week
    40

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
20 March 2026
IRS schema version
2024v5.5
Source object
202600829349300820

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