American Heritage Schools Inc
- Assets
- $76.3m
- Revenue
- $17.7m
- Investments
- $0.0
- Employees
- 289
- Location
- American Fork, UT
- Founding
- 08/2013
- Data as of
- 06/2022
- EIN
- 86-6153035
Organization Overview
American Heritage Schools Inc is located in American Fork, UT. The organization was established in 2013. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, American Heritage Schools Inc employed 289 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Heritage Schools Inc 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 06/2022, American Heritage Schools Inc generated $17.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $18.8m during the year ending 06/2022. 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
EDUCATION OF CHILDREN IN AN ENVIRONMENT THAT PROMOTES MORAL AND RELIGIOUS VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF APPROXIMATELY 1,300 CHILDREN FROM KINDERGARTEN THROUGH TWELFTH GRADE.
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 |
|---|---|---|---|
Grant Beckwith Head Of Scho | OfficerTrustee | 50 | $173,670 |
Peter Knecht Distance Edu | 40 | $137,919 | |
Barbara Tanner Advancement | 40 | $122,289 | |
Chase Hale Principal | Officer | 50 | $119,075 |
Dan Burton Chair | OfficerTrustee | 1 | $0 |
David Andersen Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,731,995 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,731,995 |
| Total Program Service Revenue | $10,752,109 |
| Investment income | $243,377 |
| 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 | $172 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,728,637 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $820,684 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $292,745 |
| Compensation of current officers, directors, key employees. | $173,670 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,702,684 |
| Pension plan accruals and contributions | $170,271 |
| Other employee benefits | $1,512,809 |
| Payroll taxes | $571,875 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,701 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $43,311 |
| Fees for services: Other | $169,131 |
| Advertising and promotion | $127,287 |
| Office expenses | $56,690 |
| Information technology | $464,947 |
| Royalties | $0 |
| Occupancy | $390,797 |
| Travel | $61,505 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,873 |
| Interest | $6,168 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,414,177 |
| Insurance | $119,916 |
| All other expenses | $197,144 |
| Total functional expenses | $18,755,785 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,483,462 |
| Savings and temporary cash investments | $3,111,629 |
| Pledges and grants receivable | $6,512,291 |
| Accounts receivable, net | $196,616 |
| 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 | $36,022 |
| Net Land, buildings, and equipment | $52,796,503 |
| Investments—publicly traded securities | $8,514,309 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,694,584 |
| Total assets | $76,345,416 |
| Accounts payable and accrued expenses | $2,855,911 |
| Grants payable | $0 |
| Deferred revenue | $3,449,329 |
| 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 | $217,268 |
| Other liabilities | $0 |
| Total liabilities | $6,522,508 |
| Net assets without donor restrictions | $52,965,728 |
| Net assets with donor restrictions | $16,857,180 |
| 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 | $76,345,416 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that American Heritage Schools Inc has recieved totaling $107,940.
| Awarding Organization | Amount |
|---|---|
Low Book Sales Foundation Lindon, UT PURPOSE: PROVIDE EDUCATION TO STUDENTS K-12 | $60,000 |
Beesley Family Foundation St George, UT PURPOSE: EDUCATION | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $18,274 |
Jj Family Foundation American Fork, UT PURPOSE: EDUCATIONAL | $8,255 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,411 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colorado Academy Denver, CO | $114,741,916 | $44,259,013 |
Paragon Management Surprise, AZ | $64,904,410 | $28,676,995 |
Waterford School Holding Corporation Sandy, UT | $35,882,761 | $26,122,549 |
Phoenix Country Day School Paradise Valley, AZ | $77,907,724 | $28,726,427 |
American Heritage Schools Inc American Fork, UT | $76,345,416 | $17,728,637 |
Dr Miriam And Sheldon G Adelson Educational Institute Las Vegas, NV | $45,249,882 | $16,559,222 |
Vail Mountain School Vail, CO | $56,713,678 | $17,984,280 |
Harvest Power Community Development Group Inc Yuma, AZ | $16,728,343 | $18,038,703 |
Sandia School Albuquerque, NM | $27,571,490 | $14,904,182 |
St Annes Episcopal School Inc Denver, CO | $46,260,720 | $15,462,450 |
Highline Academy Incorporation Denver, CO | $14,864,642 | $15,484,851 |
Legacy Traditional School-Phoenix Chandler, AZ | $39,660,573 | $11,666,395 |