Ogden Preparatory Academy
Nonprofit profile at a glance
- EIN
- 352210009
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Ogden, UT, USA
- Phone
- 8016273066
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $14,006,671
- Expenses
- $14,121,156
- Assets
- $31,152,466
- Liabilities
- $25,161,956
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- DEBBIE DEEM (EXECUTIVE DIRECTOR)
Highest reported compensation
- SHEVON LOPEZ (JR HIGH PRINCIPAL): $143,883 total reported compensation
- DEBBIE DEEM (EXECUTIVE DIRECTOR): $132,485 total reported compensation
- TERYL YOUNG (EARLY CHILDHOOD DIRECTOR): $122,563 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide a challenging curriculum where academic excellence, character development and individual growth are nurtured in a safe and happy environment that involves the active participation of students, teachers, parents and community members.
What it reported doing in 2024
Operating a public charter school for pre k-9th grade.
Operating model
- Revenue model
- Grant-funded. 93% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 90
- Accountability: 90
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.3%; rating input score 90
- Program expense ratio: 89.3%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.8%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 2.21; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.81; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 5.2%; rating input score 49; 49th percentile among comparable filings
Growth
- Program expense growth: 11.5% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 8.2% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 12.9% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 90.3% of revenue deployed · 89.3% of spending went to programs
- Governance: 5 of 5 board members independent · 6 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $12.6M in reported program spending
- Leadership: top reported pay $144K · 11 people listed
- Highest-paid contractors: 2 contractors listed · $397K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 5 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- Moderate — Sustainability: Officer compensation ratio scored 49/100.