American Heritage Schools Inc
- Assets
- $73.8m
- Revenue
- $21.5m
- Investments
- $0.0
- Employees
- 418
- Location
- American Fork, UT
- Founding
- 08/2013
- Data as of
- 06/2023
- 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 06/2023, American Heritage Schools Inc employed 418 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 06/2023, American Heritage Schools Inc generated $21.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $24.6m during the year ending 06/2023. 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
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 |
|---|---|---|---|
Janine Miner Chair | OfficerTrustee | 1 | $0 |
Brett Gerlach Trustee | Trustee | 1 | $0 |
Laurie Swim Trustee | Trustee | 1 | $0 |
Shelaine Maxfield Trustee | Trustee | 1 | $0 |
Hal Boyd Trustee | Trustee | 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 | $7,327,879 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,327,879 |
| Total Program Service Revenue | $13,979,930 |
| Investment income | $140,141 |
| 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 | $21,453,458 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,386,126 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $276,307 |
| Compensation of current officers, directors, key employees. | $110,524 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,672,941 |
| Pension plan accruals and contributions | $199,511 |
| Other employee benefits | $1,718,374 |
| Payroll taxes | $799,098 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,188 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,941 |
| Fees for services: Other | $33,453 |
| Advertising and promotion | $235,364 |
| Office expenses | $32,244 |
| Information technology | $942,127 |
| Royalties | $0 |
| Occupancy | $655,106 |
| Travel | $10,218 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,232 |
| Interest | $4,099 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,951,784 |
| Insurance | $142,418 |
| All other expenses | $170,536 |
| Total functional expenses | $24,591,072 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,934,170 |
| Savings and temporary cash investments | $3,848,804 |
| Pledges and grants receivable | $5,950,078 |
| Accounts receivable, net | $111,251 |
| 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 | $4,236 |
| Net Land, buildings, and equipment | $57,671,521 |
| Investments—publicly traded securities | $3,401,207 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $842,684 |
| Total assets | $73,763,951 |
| Accounts payable and accrued expenses | $1,642,842 |
| Grants payable | $0 |
| Deferred revenue | $4,923,044 |
| 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 | $177,669 |
| Other liabilities | $212,369 |
| Total liabilities | $6,955,924 |
| Net assets without donor restrictions | $56,225,129 |
| Net assets with donor restrictions | $10,582,898 |
| 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 | $73,763,951 |