Greenwood Charter School is located in Harrisville, UT. The organization was established in 2014. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Greenwood Charter School employed 120 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwood Charter School 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 06/2023, Greenwood Charter School generated $4.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $4.4m during the year ending 06/2023. While expenses have increased by 10.9% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE A QUALITY HOLISTIC EDUCATION TO ALL STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAIN PROGRAM IS TO EDUCATE STUDENTS. OUR ACHIEVEMENTS HAVE BEEN AND ARE TO PROVIDE INNOVATIVE EFFECTIVE LEARNING FOR STUDENTS AND HELP PREPARE THEM FOR LIFE AFTER SCHOOL.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jayme Nay Chair | OfficerTrustee | 2 | $0 |
Carey Lloyd Member | Trustee | 1 | $0 |
Gina Mcinelly Member | Trustee | 1 | $0 |
Cheryl Hendricks Member | Trustee | 1 | $0 |
Daniel Bedford Member | Trustee | 1 | $0 |
Tracey Nelsen School Director | Officer | 40 | $101,845 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
B10 Capital Erc Consulting | 6/29/23 | $170,085 |
Kendall Lawnscapes Landscape Renovation | 6/29/23 | $300,000 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,202,209 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,707 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,203,916 |
| Total Program Service Revenue | $97,481 |
| Investment income | $46,279 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $4,347,676 |
| 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. | $103,203 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,124,172 |
| Pension plan accruals and contributions | $101,943 |
| Other employee benefits | $383,466 |
| Payroll taxes | $160,645 |
| Fees for services: Management | $82,900 |
| Fees for services: Legal | $8,000 |
| Fees for services: Accounting | $21,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $221,157 |
| Advertising and promotion | $7,493 |
| Office expenses | $12,667 |
| Information technology | $50,109 |
| Royalties | $0 |
| Occupancy | $80,655 |
| Travel | $8,084 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $156,929 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $329,724 |
| Insurance | $22,880 |
| All other expenses | $18,475 |
| Total functional expenses | $4,352,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,117,292 |
| Pledges and grants receivable | $476,097 |
| Accounts receivable, net | $1,690 |
| 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 | $224,898 |
| Net Land, buildings, and equipment | $6,508,840 |
| Investments—publicly traded securities | $1,477,055 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,805,872 |
| Accounts payable and accrued expenses | $786,502 |
| Grants payable | $0 |
| Deferred revenue | $1,226,002 |
| 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 | $6,509,285 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,521,789 |
| Net assets without donor restrictions | $779,477 |
| Net assets with donor restrictions | $504,606 |
| 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 | $9,805,872 |