MT PLEASANT, UT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WASATCH ACADEMY, founded in 1972, is a mid-sized nonprofit in the Education sector that reported $14.8M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $16.6M exceeded revenue, resulting in a 12% operating deficit.
WASATCH ACADEMY IS A NURTURING COMMUNITY EMPOWERING YOUNG PEOPLE TO DEVELOP ACADEMICALLY, SOCIALLY, EMOTIONALLY, PHYSICALLY, AND ETHICALLY, BY PREPARING THEM FOR THE OPPORTUNITY OF COLLEGE, WORK, AND A LIFETIME OF LEARNING AND CONTRIBUTING TO OUR GLOBAL SOCIETY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $14,816,131 | $16,158,875 | -0.1% |
| Expenses | $16,569,479 | $16,951,881 | 0.0% |
| Net Income | $-1,753,348 | $-793,006 | +1.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BILL BEDFORD | TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| JOE PORTER | TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| BLAKE REEMTSMA | TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| TOM PETERSON | TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| HADYN DAUGS | MEMBER AT LARGE | 0.00 |
Director
|
$0 | $0 | $0 |
| JERRY HU | TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| RICK DIVAS | TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| TANA JAMBALDORJ | TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| LONNIE ELLIS | PRESIDENT | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEXA STANGER | TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| GREGG GALECKI | SECRETARY | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL MURPHY | TREASURER | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT KIMSEY | VICE PRESIDENT | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANNE-EVAN WILLIAMS | HEAD OF SCHOOL | 40.00 |
Officer
Director
|
$300,000 | $24,000 | $324,000 |
| PAUL APPLEGARTH | CFO | 40.00 |
Key Emp
|
$201,800 | $16,144 | $217,944 |
| GRAHAM JESSEE | ASSISTANT HEAD OF SCHOOL FOR GLOBAL INITIATIVES | 40.00 |
Highest
|
$130,000 | $10,400 | $140,400 |
| TYLER KENNEDY | ASSISTANT HEAD OF SCHOOL FOR STUDENT LIFE | 40.00 |
Highest
|
$131,400 | $10,512 | $141,912 |
| KERRY BEDELL | ASSISTANT HEAD OF SCHOOL FOR INSTITUTIONAL ADVANCE | 40.00 |
Highest
|
$124,500 | $9,960 | $134,460 |
| JONELLE LARSEN | ASSISTANT HEAD OF SCHOOL FOR ACADEMIC PROGRAMS | 40.00 |
Highest
|
$102,600 | $5,130 | $107,730 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $14,816,131 | $16,569,479 | $44,192,456 | $-1,753,348 |
| 2023 | $16,158,875 | $16,951,881 | $45,187,850 | $-793,006 |
| 2022 | $17,823,805 | $16,375,497 | $45,866,695 | $1,448,308 |
| 2021 | $19,477,280 | $16,580,089 | $45,204,427 | $2,897,191 |
| 2020 | $23,011,551 | $20,864,471 | $41,647,203 | $2,147,080 |
| 2019 | $22,311,821 | $21,259,615 | $42,515,048 | $1,052,206 |
| 2018 | $23,824,566 | $21,592,100 | $42,249,769 | $2,232,466 |
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