Mountainville Academy is located in Alpine, UT. The organization was established in 2006. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Mountainville Academy employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountainville Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Mountainville Academy generated $7.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $6.3m during the year ending 06/2023. While expenses have increased by 6.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPLOY AN EDUCATIONAL ENVIRONMENT THAT FACILITATES LIFE-LONG LEARNING GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF ONE PUBLIC CHARTER SCHOOL FOR STUDENTS FROM KINDERGARTEN THROUGH GRADE NINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marisa Skousen Board Chair | Trustee | 4 | $0 |
Wayne Sleight Vice Chair | Trustee | 4 | $0 |
Stephanie Cotton-Betteridge Board Secretary | Trustee | 4 | $0 |
Kevin Anglesey Treasurer | Trustee | 4 | $0 |
Tanya Colledge Trustee | Trustee | 4 | $0 |
Paxton Gray Trustee | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $6,870,665 |
All other contributions, gifts, grants, and similar amounts not included above | $65,143 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,935,808 |
Total Program Service Revenue | $313,972 |
Investment income | $78,805 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $225 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,328,810 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $160,333 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,390,177 |
Pension plan accruals and contributions | $95,039 |
Other employee benefits | $355,715 |
Payroll taxes | $257,871 |
Fees for services: Management | $79,488 |
Fees for services: Legal | $7,282 |
Fees for services: Accounting | $13,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $144,179 |
Advertising and promotion | $5,969 |
Office expenses | $0 |
Information technology | $91,100 |
Royalties | $0 |
Occupancy | $148,070 |
Travel | $3,218 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $461,042 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $406,305 |
Insurance | $23,907 |
All other expenses | $48,899 |
Total functional expenses | $6,255,740 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,768,400 |
Savings and temporary cash investments | $71,673 |
Pledges and grants receivable | $335,718 |
Accounts receivable, net | $7,937 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $6,756 |
Net Land, buildings, and equipment | $11,123,665 |
Investments—publicly traded securities | $1,185,855 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $15,500,004 |
Accounts payable and accrued expenses | $901,487 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $10,877,773 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $9,788 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $11,789,048 |
Net assets without donor restrictions | $2,453,428 |
Net assets with donor restrictions | $1,257,528 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $15,500,004 |