Moab Charter School FY2024 filing

Tax-deductible

Moab, UT501(c)(3)EducationEIN 56-2500062

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The mission of Moab Charter School is to support and challenge each child to develop critical thinking self-direction and their full academic and creative potential.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$83K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $70K a year · 6% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$83K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $179
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.1M
73% of total assets
Worth a look: liabilities are 73% of assets; over 65%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
+9% vs prior year
Spent
$1.4M
To programs
96%
Net assets
$403K
By yearFY2021–FY2025
Revenue
$1.3M
FY2024▲ +9%
Revenue by fiscal year
FY2021$1.0M
FY2022$1.3M
FY2023$1.2M
FY2024$1.3M
FY2025$1.1M
Expenses
$1.4M
FY2024▲ +11%
Expenses by fiscal year
FY2021$1.1M
FY2022$1.2M
FY2023$1.3M
FY2024$1.4M
FY2025$1.3M
Net assets
$403K
FY2024▼ -24%
Net assets by fiscal year
FY2021$491K
FY2022$624K
FY2023$532K
FY2024$403K
FY2025$160K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $1.4M Management & general 4% · $54K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $83K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$82,638Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Carrie Ann Smith’s $108K as Director is at the 37th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Carrie Ann Smith$107,625$82,638$106,886$71,792—
Carrie Ann Smith————$46,714

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Moab Charter School executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps children develop critical thinking, self-direction, and full academic and creative potential.

Provided by the organization

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1 program service account for $1.4M of program spending, described in the organization's own filed words · FY2023.
01

Educating students according to our mission statement. Our achievements have been and are to provide innovative effective learning for students and help prepare them for life after school.

$1.4Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$179

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Gifts and grantsLn 1h$1.3M
Fees for servicesLn 2g$25K
Investment incomeLn 3$7K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.4M
Managementcol C$54K
Owns and owesPt X
$403K
net assets · Ln 32
Cash and savingsLn 1–2$117K
Total assetsLn 16$1.5M
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Government grantsLn 1e$1.3M
Fees for servicesLn 2g$25K
Investment incomeLn 3$7K
Other incomeLn 4–11$820
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
SavingsLn 2$117K
Cash and savings togetherLn 1–2$117K
InvestmentsLn 11–13$239K
Land, buildings, equipmentLn 10c$934K
Total assetsLn 16$1.5M
LiabilitiesLn 26$1.1M
Net assetsLn 32$403K
OperationsPt I, VI
EmployeesI 533
VolunteersI 620
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$361K$117K
InvestmentsLn 11–13$32K$239K
Land, buildings, equipmentLn 10c$955K$934K
Total assetsLn 16$1.6M$1.5M
LiabilitiesLn 26$1.0M$1.1M
Net assetsLn 32$532K$403K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$97K$97K
Other salaries and wagesLn 7$659K$659K
Pension plan contributionsLn 8$23K$23K
Other employee benefitsLn 9$65K$65K
Payroll taxesLn 10$59K$59K
Management feesLn 11a$26K$26K
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$22K$22K
Other fees for servicesLn 11g$125K$125K
Advertising and promotionLn 12$12K$12K
Office expensesLn 13$7K$7K
Information technologyLn 14$19K$19K
OccupancyLn 16$39K$39K
TravelLn 17$6K$6K
InterestLn 20$18K$18K
Depreciation, depletion and amortizationLn 22$50K$50K
InsuranceLn 23$4K$2K$2K
Other expenses (24a–d)Ln 24$199K$199K
All other expensesLn 24e$9K$9K
Total functional expensesLn 25$1.4M$1.4M$54K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$1.3M−$243K$160K 990 PDF
FY2024 Viewing $1.3M$1.4M−$129K$403K 990 PDF
FY2023 $1.2M$1.3M−$92K$532K 990 PDF
FY2022 $1.3M$1.2M$133K$624K 990 PDF
FY2021 $1.0M$1.1M−$21K$491K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,312,529 across 7 lines filed
VIII-1e Government grants$1,275,610
VIII-1f All other contributions, gifts and grants$4,096
VIII-1h Total contributions, gifts and grants$1,279,706
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $25,010$25,010
VIII-3 Investment incomeExcluded from tax $6,993$6,993
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $820$820
VIII-12 Total revenueRelated to mission $25,010 · Unrelated business $0 · Excluded from tax $7,813$1,312,529
Part IX · Statement of functional expenses $1,441,705 across 19 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $96,657$96,657
IX-7 Other salaries and wagesPrograms $658,658$658,658
IX-8 Pension plan contributionsPrograms $22,936$22,936
IX-9 Other employee benefitsPrograms $64,658$64,658
IX-10 Payroll taxesPrograms $59,476$59,476
IX-11a Management feesManagement $26,268$26,268
IX-11b Legal feesManagement $3,705$3,705
IX-11c Accounting feesManagement $21,844$21,844
IX-11g Other fees for servicesPrograms $124,616$124,616
IX-12 Advertising and promotionPrograms $12,113$12,113
IX-13 Office expensesPrograms $6,586$6,586
IX-14 Information technologyPrograms $19,192$19,192
IX-16 OccupancyPrograms $39,100$39,100
IX-17 TravelPrograms $5,997$5,997
IX-20 InterestPrograms $17,849$17,849
IX-22 Depreciation, depletion and amortizationPrograms $50,179$50,179
IX-23 InsurancePrograms $1,770 · Management $2,477$4,247
IX-24 Other expenses (24a–d)Programs $198,953$198,953
IX-24e All other expensesPrograms $8,671$8,671
IX-25 Total functional expensesPrograms $1,387,411 · Management $54,294 · Fundraising $0$1,441,705
Part X · Balance sheet $1,505,250 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $361,415$117,440
X-3 Pledges and grants receivableStart of year $208,433$212,484
X-4 Accounts receivableStart of year $382$89
X-9 Prepaid expenses and deferred chargesStart of year $1,964$1,964
X-10c Land, buildings and equipment, netStart of year $954,988$934,091
X-11 Publicly traded securitiesStart of year $32,195$239,182
X-16 Total assetsStart of year $1,559,377$1,505,250
X-17 Accounts payable and accrued expensesStart of year $97,445$189,921
X-19 Deferred revenueStart of year $411,208$411,208
X-26 Total liabilitiesStart of year $1,027,232$1,102,281
X-27 Net assets without donor restrictionsStart of year $405,534$330,260
X-28 Net assets with donor restrictionsStart of year $126,611$72,709
X-32 Total net assets or fund balancesStart of year $532,145$402,969
X-33 Total liabilities and net assetsStart of year $1,559,377$1,505,250
Part XI · Reconciliation of net assets $402,969 net assets at year end
XI-1 Total revenue$1,312,529
XI-2 Total expenses$1,441,705
XI-3 Revenue less expenses−$129,176
XI-4 Net assets at start of year$532,145
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$402,969

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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