Nonprofit · EIN 68-0547532
UTAH CHARTER ACADEMIES
Tax-exempt · DRAPER, UT 84020
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $62,676,117 | $56,268,375 | $6,407,742 | $99,063,067 | $82,246,208 | $16,816,859 |
| June 30, 2024 | 990 | $59,625,890 | $57,730,365 | $1,895,525 | $94,981,894 | $84,572,777 | $10,409,117 |
| June 30, 2023 | 990 | $56,374,033 | $52,681,455 | $3,692,578 | $93,612,412 | $85,098,820 | $8,513,592 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $60,878,685
- of which government grants
- $59,981,695
- Program service revenue
- $590,578
- Investment income
- $1,206,854
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $29,084,333
- Salaries, compensation and benefits (total)
- $36,156,485
- Professional fundraising fees
- $0
- Legal fees
- $37,906
- Occupancy
- $1,956,270
- Depreciation
- $3,105,946
- Program services (functional)
- $41,571,735
- Management and general (functional)
- $14,696,640
Balance sheet and other
- Total assets, start of year
- $94,981,894
- Total assets, end of year
- $99,063,067
- Total liabilities, end of year
- $82,246,208
- Net assets, end of year
- $16,816,859
- Land, buildings and equipment
- $61,812,206
- Net assets without donor restrictions
- $16,816,859
- Gross receipts
- $62,676,117
- Employees
- 985
- Volunteers
- 2,000
- Year formed
- 2003
- 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 |
|---|---|---|---|
| THOMAS HORTIN | Board Member Trustee or director | 1 | $0 |
| THOMAS YOUNG | Treasurer Trustee or director | 1 | $0 |
| STEPHANIE HENDERSON | Secretary Trustee or director | 1 | $0 |
| TED HEAP | Chairman Trustee or director, Officer | 1 | $0 |
| BRAD BLANCHART | Member Trustee or director | 1 | $0 |
| CAROLYN SHARETTE | Executive Dir. Officer | 40 | $0 |
| CASEY CRELLIN | CFO Officer | 40 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS HORTIN | MEMBER Trustee or director | 1 | $0 |
| THOMAS YOUNG | Treasurer Trustee or director | 1 | $0 |
| STEPHANIE HENDERSON | Secretary Trustee or director | 1 | $0 |
| TED HEAP | Chairman Trustee or director, Officer | 1 | $0 |
| BRAD BLANCHART | Member Trustee or director | 1 | $0 |
| CAROLYN SHARETTE | Executive Dir. Officer | 40 | $0 |
| CASEY CRELLIN | CFO Officer | 40 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS HORTIN | MEMBER Trustee or director | 1 | $0 |
| THOMAS YOUNG | Treasurer Trustee or director | 1 | $0 |
| STEPHANIE HENDERSON | Secretary Trustee or director | 1 | $0 |
| TED HEAP | Chairman Trustee or director, Officer | 1 | $0 |
| BRAD BLANCHART | Member Trustee or director | 1 | $0 |
| CAROLYN SHARETTE | Executive Dir. Officer | 40 | $0 |
| CASEY CRELLIN | CFO Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 12894 S PONY EXPRESS RD STE 600, DRAPER, UT 84020-8334
- In care of
- % UTAH
- Principal officer (990 for 2024)
- THOMAS HORTIN, 12894 S PONY EXPRESS ROAD, DRAPER, UT 84020
- Signed the 990
- THOMAS HORTIN, BOARD MEMBER
- Phone
- (801) 553-8500
- Website
- www.americanprep.org
- Return prepared by
- Gilbert & Stewart
Mission
TO ENSURE EACH STUDENT ACHIEVES MAXIMUM ACADEMIC SUCCESS BY TEACHING SKILLS TO MASTERY LEVELS, IMPARTING VALUABLE KNOWLEDGE, TRANSMITTING COMMON CULTURE THAT BINDS US AS A NATION, AND EXPOSING CHILDREN TO SUPREME EXAMPLES OF ARTISTIC AND INTELLECTUAL ACHIEVEMENT.
Program accomplishments
- UTAH CHARTER ACADEMIES, INC. OPERATES 6 CHARTER SHCOOLS IN UTAH LOCATED IN DRAPER (DRAPER I AND DRAPER II SERVE 6-6 GRADE STUDENTS WITH DRAPER III SERVING 7-12 GRADE STUDENTS), WEST VALLEY CITY (WEST VALLEY I SERVES K-9 GRADE STUDENTS AND WEST VALLEY II SERVING 5-12 GRADE STUDENTS), AND SALEM (SERVING 5-9 STUDENTS) AND AFTER-SCHOOL DAYCARE PROGRAMS FOR STUDETNS AND FACULTYExpenses $41,571,735
- TO OPERATE A SCHOOL LUNCH PROGRAM SERVING STUDENTS AND FACULTY.
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
- 68-0547532
- 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
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $99,063,067
- Income (IRS master file)
- $62,676,117
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $62,676,117 | $56,268,375 | $99,063,067 | IRS |
| 990 | June 2024 | $59,625,890 | $57,730,365 | $94,981,894 | IRS |
| 990 | June 2023 | $56,374,033 | $52,681,455 | $93,612,412 | XML |
| 990 | June 2022 | $54,733,479 | $50,609,467 | $92,151,541 | 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 68-0547532).
Questions about UTAH CHARTER ACADEMIES
- What is the EIN of UTAH CHARTER ACADEMIES?
- The employer identification number (EIN) of UTAH CHARTER ACADEMIES is 68-0547532.
- Is UTAH CHARTER ACADEMIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to UTAH CHARTER ACADEMIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UTAH CHARTER ACADEMIES 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 UTAH CHARTER ACADEMIES 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 UTAH CHARTER ACADEMIES 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 UTAH CHARTER ACADEMIES?
- The 990 for the year ended June 30, 2025 names THOMAS HORTIN.
- Who are the officers and directors of UTAH CHARTER ACADEMIES?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does UTAH CHARTER ACADEMIES have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $62,676,117, expenses of $56,268,375 and total assets of $99,063,067 at year end.
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