Salt Lake Charter School Incorporated
EIN: 460539199 · Ogden, UT · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $2.8M |
| Net Assets | $2.8M |
Is Salt Lake Charter School Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Salt Lake Charter School Incorporated
Salt Lake Charter School Incorporated (EIN: 460539199) is a nonprofit organization based in Ogden, UT, classified under NTEE code B99. The organization reported total revenue of $4.0M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salt Lake Charter School Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salt Lake Charter School Incorporated is a mid-size nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 39.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$787K |
| Total Assets | $7.5M |
| Total Liabilities | $4.7M |
| Net Assets | $2.8M |
| Operating Margin | 21.6% |
| Debt-to-Asset Ratio | 62.4% |
| Months of Reserves | 31.6 months |
Financial Health Grade: A
In 2023, Salt Lake Charter School Incorporated reported a surplus of $787K with revenue exceeding expenses, holds 31.6 months of operating reserves (strong position), has a debt-to-asset ratio of 62.4% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Salt Lake Charter School Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 39.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.4% | +3.2% | +8.0% |
| 2022 | +6.1% | -9.2% | +16.3% |
| 2021 | +5.6% | +15.5% | +54.6% |
| 2020 | +18.0% | -2.9% | +10.3% |
| 2019 | -10.7% | +3.8% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Salt Lake Charter School Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Salt Lake Charter School Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $787K, with revenue exceeding expenses.
- Debt-to-asset ratio: 62.4%.
Frequently Asked Questions about Salt Lake Charter School Incorporated
Is Salt Lake Charter School Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Salt Lake Charter School Incorporated (EIN: 460539199) insufficient data. 0 red flags identified, 0 strengths noted.
How does Salt Lake Charter School Incorporated spend its money?
Detailed spending breakdown data is not yet available for Salt Lake Charter School Incorporated. Check back for updated IRS 990 analysis.
Are donations to Salt Lake Charter School Incorporated tax-deductible?
Salt Lake Charter School Incorporated is registered as a tax-exempt nonprofit (EIN: 460539199). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Salt Lake Charter School Incorporated located?
Salt Lake Charter School Incorporated is headquartered in Ogden, Utah and files with the IRS under EIN 460539199. It is classified under NTEE code B99.
How many years of IRS 990 filings does Salt Lake Charter School Incorporated have?
Salt Lake Charter School Incorporated has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.0M in total revenue.
Filing History
IRS 990 filing history for Salt Lake Charter School Incorporated showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Salt Lake Charter School Incorporated's revenue has grown by 2612.2%, moving from $134K to $3.6M. Total assets increased by 54881.9% over the same period, from $14K to $7.5M. Total functional expenses rose by 644.2%, from $383K to $2.8M. In its most recent filing year (2023), Salt Lake Charter School Incorporated reported a surplus of $787K, with revenue exceeding expenses. The organization holds $4.7M in liabilities against $7.5M in assets (debt-to-asset ratio: 62.4%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $2.8M | $7.5M | $4.7M | — | View 990 |
| 2022 | $3.3M | $2.8M | $6.9M | $4.9M | — | View 990 |
| 2021 | $3.1M | $3.0M | $6.0M | $4.5M | — | View 990 |
| 2020 | $3.0M | $2.6M | $3.9M | $2.7M | — | View 990 |
| 2019 | $2.5M | $2.7M | $3.5M | $2.7M | — | View 990 |
| 2018 | $2.8M | $2.6M | $3.7M | $2.6M | — | View 990 |
| 2017 | $2.8M | $2.8M | $3.7M | $2.9M | — | View 990 |
| 2016 | $2.8M | $2.7M | $3.7M | $2.9M | — | View 990 |
| 2015 | $2.8M | $2.2M | $4.0M | $3.3M | — | View 990 |
| 2014 | $3.5M | $3.6M | $3.4M | $3.8M | — | View 990 |
| 2013 | $134K | $383K | $14K | $263K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $2.8M, and assets of $7.5M (revenue +9.4% year-over-year).
- 2022: Revenue of $3.3M, expenses of $2.8M, and assets of $6.9M (revenue +6.1% year-over-year).
- 2021: Revenue of $3.1M, expenses of $3.0M, and assets of $6.0M (revenue +5.6% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.6M, and assets of $3.9M (revenue +18.0% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.7M, and assets of $3.5M (revenue -10.7% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.6M, and assets of $3.7M (revenue -0.7% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.8M, and assets of $3.7M (revenue +2.4% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.7M, and assets of $3.7M (revenue -2.2% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.2M, and assets of $4.0M (revenue -18.5% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.6M, and assets of $3.4M (revenue +2488.1% year-over-year).
- 2013: Revenue of $134K, expenses of $383K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salt Lake Charter School Incorporated:
Data Sources and Methodology
This transparency report for Salt Lake Charter School Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.