Nonprofit · EIN 20-2344918
LINCOLN ACADEMY INCORPORATED
Tax-exempt · PLEASANT GRV, UT 84062
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $11,338,733 | $10,653,831 | $684,902 | $19,513,790 | $12,532,165 | $6,981,625 |
| June 30, 2024 | 990 | $11,084,776 | $9,816,159 | $1,268,617 | $18,877,504 | $12,546,170 | $6,331,334 |
| June 30, 2023 | 990 | $9,677,727 | $9,087,079 | $590,648 | $18,215,109 | $13,152,392 | $5,062,717 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,561,908
- of which government grants
- $10,529,684
- Program service revenue
- $338,545
- Investment income
- $318,966
- Net rental income
- $66,470
- Net income from fundraising events
- $46,832
- Other revenue
- $119,314
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $162,898
- Other salaries and wages
- $5,944,817
- Salaries, compensation and benefits (total)
- $7,740,064
- Professional fundraising fees
- $0
- Accounting fees
- $19,400
- Occupancy
- $383,689
- Travel
- $26,552
- Depreciation
- $575,342
- Program services (functional)
- $8,571,041
- Management and general (functional)
- $2,082,790
Balance sheet and other
- Total assets, start of year
- $18,877,504
- Total assets, end of year
- $19,513,790
- Total liabilities, end of year
- $12,532,165
- Net assets, end of year
- $6,981,625
- Land, buildings and equipment
- $11,698,562
- Net assets without donor restrictions
- $6,981,625
- Gross receipts
- $11,350,131
- Employees
- 185
- Volunteers
- 160
- Year formed
- 2004
- State of legal domicile
- UT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jacob Hunt | Principal Officer | 46 | $162,898 | $48,182 |
| Grant Memmott | Operations Dir Highest-paid employee | 40 | $132,437 | $43,300 |
| Kristi Ungerman | Secondary Principal Highest-paid employee | 40 | $132,587 | $27,931 |
| Andreas Proetel | Teacher Highest-paid employee | 40 | $102,973 | $23,784 |
| Adam Revelli | President Trustee or director, Officer | 3.75 | $0 | $0 |
| Cherstyn Stockwell | Board Member Trustee or director, Officer | 3 | $0 | $0 |
| Cade Close | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Mitchell Beck | Board Member Trustee or director | 2.5 | $0 | $0 |
| Sarah Chaffin | Board Member Trustee or director | 3.75 | $0 | $0 |
| Dave Merrick | Board Member Trustee or director | 1.5 | $0 | $0 |
| Michelle Hild | Board Member Trustee or director | 3 | $0 | $0 |
| Kayla Bills | Secretary Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jacob Hunt | Principal Officer | 40 | $135,643 | $32,217 |
| Grant Memmott | Operations Dir Highest-paid employee | 40 | $100,511 | $29,667 |
| Kristi Ungerman | Secondary Principal Highest-paid employee | 40 | $108,789 | $13,552 |
| Andreas Proetel | Teacher Highest-paid employee | 40 | $100,124 | $12,827 |
| Adam Reveilli | President Trustee or director, Officer | 5 | $0 | $0 |
| Cherstyn Stockwell | Vice President Trustee or director, Officer | 4 | $0 | $0 |
| Cade Close | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Mitchell Beck | Board Member Trustee or director | 2 | $0 | $0 |
| Sarah Chaffin | Board Member Trustee or director | 3 | $0 | $0 |
| Dave Merrick | Board Member Trustee or director | 2 | $0 | $0 |
| Michelle Hild | Board Member Trustee or director | 2 | $0 | $0 |
| Kayla Bills | Secretary Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JACOB HUNT | PRINCIPAL Officer | 40 | $138,613 | $28,623 |
| PETER EHLEN | VICE PRINCIP Highest-paid employee | 40 | $100,511 | $25,691 |
| MITCHELL BECK | BOARD MEMBER Trustee or director | 6 | $0 | $0 |
| SARAH CHAFFIN | BOARD MEMBER Trustee or director | 12 | $0 | $0 |
| CADE CLOSE | TREASURER Trustee or director, Officer | 8 | $0 | $0 |
| SCHARMAN GRIMMER | PRESIDENT Trustee or director, Officer | 20 | $0 | $0 |
| SAMANTHA LEE | VICE PRESIDE Trustee or director, Officer | 15 | $0 | $0 |
| DAVE MERRICK | BOARD MEMBER Trustee or director | 8 | $0 | $0 |
| CHERSTYN STOCKWELL | BOARD MEMBER Trustee or director | 10 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1582 W 3300 N, PLEASANT GRV, UT 84062-9041
- Principal officer (990 for 2024)
- Jacob Hunt, 1582 W 3300 N, Pleasant Grove, UT 84062
- Signed the 990
- Jacob Hunt, Principal
- Phone
- (801) 756-2039
- Website
- www.lincoln-academy.org
- Return prepared by
- Squire & Company PC
Mission
To manage, operate, guide, direct, and promote a public charter school funded by local, state, and federal sources.
Program accomplishments
- Operation of one public charter school for students from kindergarten to ninth grade.Expenses $8,003,025 · revenue $135,798
- To provide school lunches to students.Expenses $568,016 · revenue $202,747
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-2344918
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $19,513,790
- Income (IRS master file)
- $11,350,131
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $11,338,733 | $10,653,831 | $19,513,790 | XML |
| 990 | June 2024 | $11,084,776 | $9,816,159 | $18,877,504 | XML |
| 990 | June 2023 | $9,677,727 | $9,087,079 | $18,215,109 | XML |
| 990 | June 2022 | $9,107,326 | $8,648,554 | $18,022,202 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2344918).
Questions about LINCOLN ACADEMY INCORPORATED
- What is the EIN of LINCOLN ACADEMY INCORPORATED?
- The employer identification number (EIN) of LINCOLN ACADEMY INCORPORATED is 20-2344918.
- Is LINCOLN ACADEMY INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to LINCOLN ACADEMY INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LINCOLN ACADEMY INCORPORATED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LINCOLN ACADEMY INCORPORATED due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LINCOLN ACADEMY INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LINCOLN ACADEMY INCORPORATED?
- The 990 for the year ended June 30, 2025 names Jacob Hunt.
- Who are the officers and directors of LINCOLN ACADEMY INCORPORATED?
- The 990 for the year ended June 30, 2025 lists 12 people; 4 received compensation from the organization, the highest $162,898 (Jacob Hunt, Principal).
- How much revenue does LINCOLN ACADEMY INCORPORATED have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $11,338,733, expenses of $10,653,831 and total assets of $19,513,790 at year end.
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