Navigator Pointe Academy is located in West Jordan, 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, Navigator Pointe Academy employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Navigator Pointe 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, Navigator Pointe Academy generated $4.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $3.8m during the year ending 06/2023. While expenses have increased by 2.3% per year over the past 8 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 MANAGE, OPERATE, GUIDE, DIRECT, AND PROMOTE A PUBLIC CHARTER SCHOOL FUNDED BY LOCAL, STATE, AND FEDERAL SOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A PUBLIC CHARTER SCHOOL FOR STUDENTS FROM KINDERGARTEN THROUGH NINTH GRADE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kristi Anderson Chair | OfficerTrustee | 1 | $0 |
Fernando Cruz Treasurer | OfficerTrustee | 1 | $0 |
Jake Montague Board Member | Trustee | 1 | $0 |
Judy Farris Director | Officer | 40 | $106,643 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $3,936,846 |
All other contributions, gifts, grants, and similar amounts not included above | $15,914 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,952,760 |
Total Program Service Revenue | $54,929 |
Investment income | $45,808 |
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 | $4,053,497 |
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. | $162,161 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,568,130 |
Pension plan accruals and contributions | $96,843 |
Other employee benefits | $166,956 |
Payroll taxes | $198,844 |
Fees for services: Management | $15,027 |
Fees for services: Legal | $15,679 |
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 | $117,711 |
Advertising and promotion | $1,784 |
Office expenses | $969 |
Information technology | $11,529 |
Royalties | $0 |
Occupancy | $68,066 |
Travel | $128 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $58,233 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $150,829 |
Insurance | $9,730 |
All other expenses | $0 |
Total functional expenses | $3,798,480 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $417,723 |
Savings and temporary cash investments | $10,233 |
Pledges and grants receivable | $139,084 |
Accounts receivable, net | $0 |
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 | $57,985 |
Net Land, buildings, and equipment | $3,123,170 |
Investments—publicly traded securities | $1,360,502 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,108,697 |
Accounts payable and accrued expenses | $376,416 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $899,049 |
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 | $1,275,465 |
Net assets without donor restrictions | $3,119,190 |
Net assets with donor restrictions | $714,042 |
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 | $5,108,697 |