Karl G Maeser Preparatory Academy is a 501(c)(3) organization based in Lindon, Utah, registered in 2007, with $9,315,586 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$9.3M
▲ 22.8% vs prior year
Education median: $200K
Expenses (FY2024)
$6.6M
Net assets
$7.8M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Karl G Maeser Preparatory Academy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Karl G Maeser Preparatory Academy: 14 mo reserves · +29% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Karl G Maeser Preparatory Academy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Karl G Maeser Preparatory Academy: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $4.3M (FY2013) to $9.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
28.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$18.6M
Total liabilities
$10.8M
Net assets
$7.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,315,586▲22.8% | $6,619,273▲2.3% | $7,842,245▲52.4% | $18,615,321▲14.6% | 990 |
| 2023 | $7,584,265▲14.6% | $6,470,768▲17.0% | $5,145,932▲27.6% | $16,243,837▲4.7% | 990 |
| 2022 | $6,618,832▲6.8% | $5,531,895▲4.4% | $4,032,435▲36.9% | $15,517,041▲5.7% | 990 |
| 2021 | $6,197,398▲1.4% | $5,301,238▲7.1% | $2,945,498▲43.7% | $14,676,602▲3.2% | 990 |
| 2020 | $6,111,717▲10.9% | $4,951,057▼0.5% | $2,049,338▲18.6% | $14,220,729▼3.4% | 990 |
| 2019 | $5,512,186▲1.2% | $4,977,108▲8.0% | $1,727,805▲44.9% | $14,716,725▲5.1% | 990 |
| 2018 | $5,447,863▲3.0% | $4,609,225▼4.9% | $1,192,727▲237% | $14,003,851▲3.1% | 990 |
| 2017 | $5,291,435▲6.1% | $4,846,813▲7.9% | $354,089▲491% | $13,578,656▲1.7% | 990 |
| 2016 | $4,984,875▲5.0% | $4,493,841▲12.0% | -$90,533▲84.4% | $13,356,792▲3.7% | 990 |
| 2015 | $4,746,328▲8.2% | $4,011,118▼1.9% | -$581,567▼138% | $12,880,810▲10.0% | 990 |
| 2014 | $4,384,745▲0.9% | $4,089,351▼4.1% | $1,521,998▲24.1% | $11,711,593▲1.0% | 990 |
| 2013 | $4,347,662 | $4,263,435▲6.4% | $1,226,604▲7.4% | $11,595,227▲1.3% | 990 |
| 2012 | — | $4,007,983▲8.8% | $1,142,377▲19.3% | $11,450,805▲1.9% | 990 |
| 2011 | — | $3,685,117▲0.7% | $957,285▲64.9% | $11,235,094▲8.2% | 990 |
| 2010 | — | $3,659,368 | $580,635 | $10,385,874 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
7 grants to Karl G Maeser Preparatory Academy totaling $69K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2023 | $19,343 |
| For Inspiration and Recognition of Science and Technology First | Program support | 2023 | $5,500 |
| American Online Giving Foundation Inc | General support | 2022 | $12,450 |
| Raymond James Charitable Endowment Fund | General support | 2022 | $10,000 |
| For Inspiration and Recognition of Science and Technology First | Program support | 2022 | $7,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $6,000 |
| American Online Giving Foundation Inc | General support | 2021 | $7,951 |
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Data for Karl G Maeser Preparatory Academy (EIN 20-3373940) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.