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Nonprofit · EIN 20-3373940

KARL G MAESER PREPARATORY ACADEMY

Tax-exempt · OGDEN, UT 84401

Financials

$6.6M$5.5M2022$7.6M$6.5M2023$9.3M$6.6M2024
Revenue Expenses · by fiscal year end
Financials of KARL G MAESER PREPARATORY ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$9,315,586$6,619,273$2,696,313$18,615,321$10,773,076$7,842,245
June 30, 2024990$7,584,265$6,470,768$1,113,497$16,243,837$11,097,905$5,145,932
June 30, 2023990$6,618,832$5,531,895$1,086,937$15,517,041$11,484,606$4,032,435
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$8,544,210
of which government grants
$7,301,950
Program service revenue
$398,116
Investment income
$361,710
Other revenue
$11,550

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$72,804
Other salaries and wages
$3,480,843
Salaries, compensation and benefits (total)
$4,419,010
Professional fundraising fees
$0
Legal fees
$8,780
Accounting fees
$17,574
Occupancy
$260,850
Travel
$67,076
Depreciation
$286,011
Program services (functional)
$5,751,173
Management and general (functional)
$868,100

Balance sheet and other

Total assets, start of year
$16,243,837
Total assets, end of year
$18,615,321
Total liabilities, end of year
$10,773,076
Net assets, end of year
$7,842,245
Land, buildings and equipment
$10,550,135
Net assets without donor restrictions
$7,842,245
Gross receipts
$9,315,586
Employees
86
Volunteers
20
Year formed
2006
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.

NameTitleHours / weekCompensationOther / benefits
Jared NorrisActivities Director
Highest-paid employee
40$102,290$21,764
Dustin SimmonsDean of Students
Highest-paid employee
40$102,192$21,718
Robyn EllisDirector
Officer
45$72,804$14,678
Steve WhitehouseCFO
Trustee or director, Officer
5$12,000$0
Cynthia ShumwayCAO
Trustee or director, Officer
2$0$0
JoAnna LarsenBoard Member
Trustee or director
2$0$0
Richard DodgeBoard Member
Trustee or director
2$0$0
Sandra RussellBoard Member
Trustee or director
2$0$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensationOther / benefits
Ted GilbertDirector
Officer
40$82,777$24,575
Steve WhitehouseCFO
Trustee or director, Officer
1$12,000$0
Cynthia ShumwayCAO
Trustee or director, Officer
1$0$0
Paul BinghamAsst CFO
Trustee or director
1$0$0
Joanna LarsenBoard Member
Trustee or director
1$0$0
Jason DodgeBoard Member
Trustee or director
1$0$0
Sandra RussellBoard Member
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
ROBYN ELLISDIRECTOR
Officer
40$113,815$22,409
CYNTHIA SHUMWAYCAO
Trustee or director
1$0$0
STEVE WHITEHOUSECFO
Trustee or director
1$0$0
PAUL BINGHAMASST CFO
Trustee or director
1$0$0
JOANNA LARSENSECRETARY
Trustee or director
1$0$0
JASON DODGEBOARD MEMBER
Trustee or director
1$0$0
PAUL STANCILBOARD MEMBER
Trustee or director
1$0$0
SANDRA RUSSELLBOARD MEMBER
Trustee or director
1$0$0
TED GILBERTDIRECTOR
Officer
40$0$0

Address and contacts

Address (IRS master file)
289 24TH ST SUITE 100, OGDEN, UT 84401-1413
Principal officer (990 for 2024)
Cynthia Shumway, 320 West 600 South, Lindon, UT 84042
Signed the 990
Steve Whitehouse, CFO
Phone
(801) 785-4687
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.

990 for the year ended June 30, 2025

Program accomplishments

  • Operation of one public charter school for students from seventh through twelfth grade.
    Expenses $5,751,173 · revenue $398,116

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-3373940
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
2007
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$18,615,321
Income (IRS master file)
$9,315,586

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$9,315,586$6,619,273$18,615,321XML
990June 2024$7,584,265$6,470,768$16,243,837XML
990June 2023$6,618,832$5,531,895$15,517,041XML
990June 2022$6,197,398$5,301,238$14,676,602IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 20-3373940).

Questions about KARL G MAESER PREPARATORY ACADEMY

What is the EIN of KARL G MAESER PREPARATORY ACADEMY?
The employer identification number (EIN) of KARL G MAESER PREPARATORY ACADEMY is 20-3373940.
Is KARL G MAESER PREPARATORY ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to KARL G MAESER PREPARATORY ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KARL G MAESER PREPARATORY ACADEMY 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 KARL G MAESER PREPARATORY ACADEMY 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 KARL G MAESER PREPARATORY ACADEMY 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 KARL G MAESER PREPARATORY ACADEMY?
The 990 for the year ended June 30, 2025 names Cynthia Shumway.
Who are the officers and directors of KARL G MAESER PREPARATORY ACADEMY?
The 990 for the year ended June 30, 2025 lists 8 people; 4 received compensation from the organization, the highest $102,290 (Jared Norris, Activities Director).
How much revenue does KARL G MAESER PREPARATORY ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $9,315,586, expenses of $6,619,273 and total assets of $18,615,321 at year end.

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