Anthem Preparatory School
- Assets
- $5.0m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 45
- Location
- South Jordan, UT
- Founding
- 09/2006
- Data as of
- 08/2022
- EIN
- 30-0300034
Organization Overview
Anthem Preparatory School is located in South Jordan, UT. The organization was established in 2006. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 08/2022, Anthem Preparatory School employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anthem Preparatory School 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 08/2022, Anthem Preparatory School generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $1.7m during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AS A PRIVATE SCHOOL AND OFFER A QUALITY EDUCATION FOR STUDENTS ENROLLED IN KINDERGARTEN THROUGH TWELFTH GRADE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE QUALITY EDUCATION FOR STUDENTS FROM KINDERGARTEN TO TWELFTH GRADE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elsha Yorgason President | Officer | 60 | $58,430 |
Steve Yorgason Board Member | Officer | 45 | $47,480 |
Kristine Robison Chairperson | Trustee | 40 | $43,903 |
Scotti Hansen Board Member | Trustee | 20 | $0 |
Lisa Hanussak Board Member | Trustee | 45 | $52,280 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $357,156 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,200 |
| 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 | $7,334 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,660,618 |
| Statement of Expenses | |
|---|---|
| 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. | $202,093 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $670,762 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $68,920 |
| 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 | $0 |
| Advertising and promotion | $15,110 |
| Office expenses | $2,623 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,954 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,707 |
| Interest | $153,251 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $194,647 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,736,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,596 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,286 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $483 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $70,931 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,550 |
| Total assets | $5,017,231 |
| Accounts payable and accrued expenses | $5,888 |
| Grants payable | $0 |
| Deferred revenue | $40,477 |
| 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 | $6,123,177 |
| Other liabilities | $7,977 |
| Total liabilities | $6,177,519 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | -$1,160,288 |