Skip to main content

Nonprofit · EIN 47-3210780

WALLACE STEGNER ACADEMY

Tax-exempt · SALT LAKE CTY, UT 84104

Financials

$15.1M$13.7M2022$18M$16.3M2023$28.1M$26.1M2024
Revenue Expenses · by fiscal year end
Financials of WALLACE STEGNER ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$28,057,475$26,109,780$1,947,695$66,695,202$59,897,168$6,798,034
June 30, 2024990$18,042,381$16,274,038$1,768,343$37,210,196$32,359,857$4,850,339
June 30, 2023990$15,144,667$13,726,477$1,418,190$35,947,255$32,865,259$3,081,996
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$27,309,576
of which government grants
$25,178,455
Program service revenue
$307,406
Investment income
$430,838
Net rental income
$9,655
Other revenue
$9,655

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$23,030
Occupancy
$353,248
Travel
$261,190
Depreciation
$2,316,630
Program services (functional)
$20,613,335
Management and general (functional)
$5,496,445

Balance sheet and other

Total assets, start of year
$37,210,196
Total assets, end of year
$66,695,202
Total liabilities, end of year
$59,897,168
Net assets, end of year
$6,798,034
Land, buildings and equipment
$55,809,232
Publicly traded securities
$10,154,113
Net assets without donor restrictions
$1,405,520
Net assets with donor restrictions
$5,392,514
Gross receipts
$28,057,475
Employees
0
Volunteers
5
Year formed
2014
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 / weekCompensation
SARAH VAUGHANPRESIDENT
Trustee or director, Officer
2$0
ANTONIO FURANOTREASURER
Trustee or director, Officer
2$0
JEREMY SCHOWSECRETARY
Trustee or director, Officer
2$0
FRANK MAGANAMEMBER
Trustee or director
2$0
REED FARNSWORTHMEMBER
Trustee or director
2$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
SARAH VAUGHANPRESIDENT
Trustee or director, Officer
2$0
ANTONIO FURANOTREASURER
Trustee or director, Officer
2$0
JEREMY SCHOWSECRETARY
Trustee or director, Officer
2$0
FRANK MAGANAMEMBER
Trustee or director
2$0
REED FARNSWORTHMEMBER
Trustee or director
2$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
SARAH VAUGHANPRESIDENT
Trustee or director, Officer
2$0
JEREMY SCHOWSECRETARY
Trustee or director, Officer
2$0
FRANK MAGANATREASURER
Trustee or director, Officer
2$0
REED FARNSWORTHMEMBER
Trustee or director
2$0
ANTONIO FURANOMEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
980 S BENDING RIVER RD, SALT LAKE CTY, UT 84104-3612
Principal officer (990 for 2024)
SARAH VAUGHAN, 980 SOUTH BENDING RIVER ROAD, SALT LAKE CITY, UT 84104
Signed the 990
SARAH VAUGHAN, PRESIDENT
Phone
(801) 456-9570
Return prepared by
EIDE BAILLY LLP

Mission

WALLACE STEGNER ACADEMY IS A RIGOROUS COLLEGE PREPARATORY CHARTER SCHOOL DESIGNED TO PREPARE STUDENTS FOR THEIR FUTURE CAREERS AS HIGH SCHOOL STUDENTS, UNIVERSITY STUDENTS, AND BEYOND.

990 for the year ended June 30, 2025

Program accomplishments

  • WALLACE STEGNER ACADEMY WILL FOSTER A COMMUNITY OF ACADEMIC RIGOR AND CITIZENSHIP THROUGH ITS SCHOOL-WIDE CULTURE, AND CIVIC-BASED COMMUNITY INVOLVEMENT. OUR VISION IS TO CREATE A SCHOOL THAT WILL PROVIDE A CRITICAL AND RELIABLE ALTERNATIVE TO MAINSTREAM EDUCATION, ESPECIALLY FOR ENGLISH LEARNERS AND STUDENTS WHO STRUGGLE IN A TYPICAL CLASSROOM ENVIRONMENT. THE MAJORITY OF THE SCHOOL'S STUDENT POPULATION WILL READ AT GRADE LEVEL, DEPLOY ACADEMIC LANGUGE PROFICIENTLY, AND DEMONSTRATE DEVELOPMENTALLY PROFICIENT SKILLS IN WRITING AND MATHEMATICS.
    Expenses $20,613,335 · revenue $307,406

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
47-3210780
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
2015
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$66,695,202
Income (IRS master file)
$28,057,475

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$28,057,475$26,109,780$66,695,202XML
990June 2024$18,042,381$16,274,038$37,210,196XML
990June 2023$15,144,667$13,726,477$35,947,255IRS
990June 2022$12,160,176$12,443,791$49,144,982IRS
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 47-3210780).

Questions about WALLACE STEGNER ACADEMY

What is the EIN of WALLACE STEGNER ACADEMY?
The employer identification number (EIN) of WALLACE STEGNER ACADEMY is 47-3210780.
Is WALLACE STEGNER ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to WALLACE STEGNER ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WALLACE STEGNER 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 WALLACE STEGNER 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 WALLACE STEGNER 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 WALLACE STEGNER ACADEMY?
The 990 for the year ended June 30, 2025 names SARAH VAUGHAN.
Who are the officers and directors of WALLACE STEGNER ACADEMY?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does WALLACE STEGNER ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $28,057,475, expenses of $26,109,780 and total assets of $66,695,202 at year end.

Other nonprofits in SALT LAKE CTY

All nonprofits in SALT LAKE CTY · Utah · Education