City Academy
- Assets
- $1.4m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 41
- Location
- Salt Lake City, UT
- Founding
- 03/2000
- Data as of
- 06/2022
- EIN
- 87-0636694
Organization Overview
City Academy is located in Salt Lake City, UT. The organization was established in 2000. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, City Academy employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City 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 06/2022, City Academy generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. While expenses have increased by 0.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CITY ACADEMY, A CHARTER SCHOOL, OFFERS EDUCATIONAL SERVICES IN THE FORM OF A PUBLIC SECONDARY SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED TEACHERS, CLASSROOMS, EQUIPMENT, AND OTHER NECESSITIES FOR THE EDUCATION AND INSTRUCTION OF SECONDARY STUDENTS FROM 7TH TO 12TH GRADES.
PROVIDED MEALS TO STUDENTS AND FACULTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sonia Woodbury Exec. Direct | Officer | 40 | $3,850 |
Erik Bengtzen Board Member | Trustee | 1 | $0 |
Steve Foxley Board Member | Trustee | 1 | $0 |
Debra Eckert Board Member | Trustee | 1 | $0 |
Mary Glauser Board Member | Trustee | 1 | $0 |
Larry Hintze Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,931,873 |
| All other contributions, gifts, grants, and similar amounts not included above | $287,267 |
| Noncash contributions included in lines 1a–1f | $1,060 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,219,140 |
| Total Program Service Revenue | $18,659 |
| Investment income | $1,241 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,597 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,241,397 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $16,600 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,850 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,342,601 |
| Pension plan accruals and contributions | $28,365 |
| Other employee benefits | $116,988 |
| Payroll taxes | $99,006 |
| 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 | $122,997 |
| Advertising and promotion | $38,597 |
| Office expenses | $4,039 |
| Information technology | $18,228 |
| Royalties | $0 |
| Occupancy | $37,098 |
| Travel | $1,882 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,212 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $197,458 |
| Insurance | $18,780 |
| All other expenses | $14,217 |
| Total functional expenses | $2,238,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,595 |
| Savings and temporary cash investments | $105,231 |
| Pledges and grants receivable | $96,436 |
| Accounts receivable, net | $82,889 |
| 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 | $50,838 |
| Net Land, buildings, and equipment | $860,889 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,376,878 |
| Accounts payable and accrued expenses | $221,814 |
| Grants payable | $0 |
| Deferred revenue | $209,848 |
| 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 | $854,930 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,286,592 |
| Net assets without donor restrictions | $87,155 |
| Net assets with donor restrictions | $3,131 |
| 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 | $1,376,878 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that City Academy has recieved totaling $1,203.
| Awarding Organization | Amount |
|---|---|
Jacobsen Lake Foundation Salt Lake City, UT PURPOSE: EDUCATION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $203 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Santa Fe Preparatory School Santa Fe, NM | $79,113,849 | $36,111,805 |
Fountain Valley School Of Colorado Colorado Springs, CO | $92,362,981 | $24,818,046 |
Wasatch Academy Mt Pleasant, UT | $45,866,695 | $17,823,805 |
Navajo Preparatory School Inc Farmington, NM | $37,567,327 | $9,309,197 |
Bosque School Albuquerque, NM | $33,698,643 | $13,258,557 |
Utah Military Academy Riverdale, UT | $24,344,819 | $12,220,357 |
Valley Christian Schools Chandler, AZ | $29,261,285 | $13,775,724 |
Davinci Academy Of Science And The Arts Ogden, UT | $18,116,859 | $12,303,431 |
Pusch Ridge Christian Academy Inc Tucson, AZ | $24,764,674 | $12,047,856 |
Legacy Traditional School - Laveen Chandler, AZ | $17,210,896 | $9,027,749 |
Arizona School For The Arts Phoenix, AZ | $17,957,065 | $9,971,200 |
Denver Jewish Day School Denver, CO | $13,403,281 | $10,611,914 |