Mountain Heights Academy is located in Salt Lake City, 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. Mountain Heights 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 06/2021, Mountain Heights Academy generated $12.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $9.9m during the year ending 06/2021. While expenses have increased by 24.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE EDUCATION OF STUDENTS GRADES 7-12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EDUCATION OF STUDENTS GRADES 7-12; WITH STUDENTS ENROLLED IN ONLINE COURSES COMBINING STATE OF THE ART CURRICULUM WITH STRATEGIC ONE-ON-ONE INSTRUCTION.
THE EDUCATION OF STUDENTS GRADES 7-12; WITH STUDENTS ENROLLED IN ONLINE COURSES COMBINING STATE OF THE ART CURRICULUM WITH STRATEGIC ONE-ON-ONE INSTRUCTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kari Malkovich Board Member | Trustee | 2 | $0 |
Quinn Sutton Board Member | Trustee | 2 | $0 |
Gavin Hutchinson Board Chair | Trustee | 2 | $0 |
Wade Glather Board Member | Trustee | 2 | $0 |
Royce Kimmons Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $12,195,055 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $12,195,055 |
Total Program Service Revenue | $129,934 |
Investment income | $21,840 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $12,346,829 |
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 | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $517,788 |
Advertising and promotion | $117,700 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $200,493 |
Travel | $29,398 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $27,471 |
Insurance | $9,766 |
All other expenses | $128,885 |
Total functional expenses | $9,903,885 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,758,633 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $242,744 |
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 | $15,143 |
Net Land, buildings, and equipment | $41,627 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,058,147 |
Accounts payable and accrued expenses | $731,439 |
Grants payable | $0 |
Deferred revenue | $13,940 |
Tax-exempt bond liabilities | $0 |
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 | $745,379 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $8,238,289 |
Paid-in or capital surplus, or land, building, or equipment fund | $41,627 |
Retained earnings, endowment, accumulated income, or other funds | $32,852 |
Total liabilities and net assets/fund balances | $9,058,147 |
Over the last fiscal year, we have identified 1 grants that Mountain Heights Academy has recieved totaling $241.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $241 |
Organization Name | Assets | Revenue |
---|---|---|
Arizona Community Development Corporation Tucson, AZ | $20,473,547 | $20,902,974 |
Nevada Virtual Academy Las Vegas, NV | $12,366,306 | $18,372,416 |
Academy Of Math & Science Inc Tucson, AZ | $35,777,199 | $18,613,878 |
Windsor Charter Academy Windsor, CO | $36,625,608 | $15,987,871 |
Science Technology Engineering And Math Stem High School Highlands Ranch, CO | $15,587,452 | $17,872,586 |
Stargate Charter School Thornton, CO | $19,773,978 | $21,738,033 |
Syracuse Arts Academy Inc Syracuse, UT | $37,683,088 | $15,500,034 |
Legacy Traditional School-Surprise Chandler, AZ | $32,091,284 | $16,357,315 |
American Leadership Academy Inc Spanish Fork, UT | $40,999,211 | $16,702,602 |
Chavez Huerta K-12 Preparatory Academy Pueblo, CO | $45,291,290 | $14,740,819 |
Liberty Tradition Charter School Phoenix, AZ | $15,402,752 | $15,178,313 |
Coral Academy Of Science Reno Reno, NV | $34,851,915 | $13,673,616 |