Jefferson Academy
- Assets
- $10.9m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Kaysville, UT
- Founding
- 04/2009
- Data as of
- 06/2023
- EIN
- 26-2546736
Organization Overview
Jefferson Academy is located in Kaysville, UT. The organization was established in 2009. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jefferson 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, Jefferson Academy generated $5.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $5.2m during the year ending 06/2023. While expenses have increased by 3.7% per year over the past 7 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
THE EDUCATION OF STUDENTS GRADES K-6.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EDUCATION OF STUDENTS GRADES K-6; WITH STUDENTS ENROLLED WITH AN EMPHASIS IN HISTORY AND CITIZENSHIP. A RATIO OF 25 STUDENTS PER TEACHER IS ALSO MAINTAINED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Facer Board Chair | OfficerTrustee | 4 | $0 |
Alana Wilson Vice Chair | OfficerTrustee | 2 | $0 |
Natalie Allman Board Member | Trustee | 2 | $0 |
Deb Hansen Board Member | Trustee | 2 | $0 |
Paul Smith Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Academica West Consulting Services | 6/29/23 | $264,350 |
Something To Talk About Speech Therapy Services | 6/29/23 | $103,598 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,536,395 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,999 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,552,394 |
| Total Program Service Revenue | $95,547 |
| Investment income | $18,656 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,040 |
| 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 | $5,671,637 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $639,039 |
| Advertising and promotion | $35,122 |
| Office expenses | $114,394 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $90,079 |
| Travel | $477 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $341,578 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $274,501 |
| Insurance | $799 |
| All other expenses | $245,487 |
| Total functional expenses | $5,195,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,305,342 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $176,622 |
| Accounts receivable, net | $2,098 |
| 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 | $0 |
| Net Land, buildings, and equipment | $7,824,891 |
| Investments—publicly traded securities | $1,602,052 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,911,005 |
| Accounts payable and accrued expenses | $299,213 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $11,025,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,324,213 |
| Net assets without donor restrictions | -$1,372,862 |
| Net assets with donor restrictions | $959,654 |
| 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 | $10,911,005 |