Liberty Hills Academy
- Assets
- $1.4m
- Revenue
- $335.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Bountiful, UT
- Founding
- 09/2014
- Data as of
- 06/2022
- EIN
- 47-1182891
Organization Overview
Liberty Hills Academy is located in Bountiful, UT. The organization was established in 2014. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Liberty Hills Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Liberty Hills Academy generated $335.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $361.2k during the year ending 06/2022. While expenses have increased by 12.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PREP SCHOOL EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATION FOR CHILDREN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tiffany Hess Board Secretary | Trustee | 25 | $11,969 |
Peter Cannon Board President | Trustee | 1 | $0 |
Illana Clift Board Vice Pres | Trustee | 25 | $0 |
Jason Thompson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,275 |
| Total Program Service Revenue | $300,241 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $16,790 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $335,306 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $11,696 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $128,202 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,428 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $139 |
| Fees for services: Accounting | $2,380 |
| Fees for services: Lobbying | $90 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,488 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $313 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,739 |
| Insurance | $220 |
| All other expenses | $30 |
| Total functional expenses | $361,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,018 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,684 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,419,595 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,431,297 |
| Accounts payable and accrued expenses | $2,997 |
| Grants payable | $0 |
| Deferred revenue | $11,878 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,229,131 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,244,006 |
| Net assets without donor restrictions | $187,291 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,431,297 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Liberty Hills Academy has recieved totaling $249.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $249 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pinecrest Academy Of Nevada Las Vegas, NV | $180,969,815 | $55,227,601 |
Leman Academy Of Excellence Inc Tucson, AZ | $127,912,652 | $38,356,100 |
Alexander Dawson Foundation Las Vegas, NV | $318,582,392 | $50,508,481 |
Valor Christian Schools Highlands Ranch, CO | $100,135,509 | $35,639,062 |
Graland Country Day Denver, CO | $34,468,964 | $24,500,410 |
Ramah Navajo School Board Inc Pine Hill, NM | $44,102,049 | $26,881,100 |
Meadows School Las Vegas, NV | $76,715,222 | $21,936,191 |
Peak To Peak Charter Schools Inc Lafayette, CO | $45,135,822 | $22,203,170 |
Association Of Christian Schools International Colorado Springs, CO | $18,742,731 | $17,834,465 |
Horizon Community Learning Center Inc Phoenix, AZ | $18,558,731 | $15,800,218 |
Cheyenne Mountain Charter Academy Colorado Springs, CO | $6,874,430 | $14,641,481 |
Gilbert Christian Schools Inc Gilbert, AZ | $7,847,673 | $15,216,131 |