ZION ACADEMY

EIN: 881485340 501(c)(3) Education

Rockville, UT

Total Revenue
$343,350
Total Expenses
$52,864
Total Assets
$306,504
Net Assets
$306,504
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
UT
Principal Officer
Eugene Garate
Phone
2089324040
Tax Period
2023-01-01 to 2023-12-31

ZION ACADEMY, founded in 2022, is a small nonprofit in the Education sector that reported $343K in total revenue in fiscal year 2023. Revenue surged 493% from the prior year, signaling strong growth momentum. The organization ran a surplus of $290K, a strong 85% operating margin.

Mission

Zion Academy is a private school located in the Zion Canyon Corridor, Southern Utah. The academy's mission focuses on providing a rigorous educational program and maintaining a strict code of conduct, aimed at fostering dedication and involvement from both students and parents. The school is committed to offering a diverse and enriching learning environment through a variety of activities and programs. Significant activities at Zion Academy include a strong emphasis on academic excellence, creative arts, technology, and hands-on experiences. The school offers classes in subjects such as mathematics, art, home economics, and technology, taught by dedicated instructors. Additionally, students engage in unique learning adventures, ranging from scientific explorations and literary projects to robotics and historical studies.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $343,350
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $343,350

Expense Breakdown

Grants Paid $0
Salaries & Benefits $51,392
Fundraising Expenses $0
Program Expenses $65,124
Other Expenses $1,472
TOTAL EXPENSES $52,864

Year-over-Year Comparison

2023 2022 Change
Revenue $343,350 $57,900 +4.9%
Expenses $52,864 $29,622 +0.8%
Net Income $290,486 $28,278 +9.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$0
Key Employees
1
$51,391
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Timothy Arnold Teacher 40.00
Key Emp
$51,391 $0 $51,391
Eugene Arnold President 5.00
Director
$0 $0 $0
Brittany Oler Vice President 5.00
Director
$0 $0 $0
Tydon Oler Board Member 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $343,350 $52,864 $306,504 $290,486
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