GOLD2023

Cumorah Academy

Developing the Next Generation of Leaders

Pleasant Grove, UT   |  https://www.cumorahacademy.org/
GuideStar Charity Check

Cumorah Academy

EIN: 85-0617150

Mission

TO ASSIST INDIVIDUALS IN THEIR DESIRE TO FOLLOW JESUS CHRIST AND POSITIVELY IMPACT THEIR LIVES, CAREERS, HOMES & COMMUNITIES. TO ACCOMPLISH THIS WE: GATHER FAITHFUL DISCIPLES OF JESUS CHRIST AND LIKE-MINDED INDIVIDUALS, EMPOWER THEM WITH THE KNOWLEDGE, SKILLS & ATTRIBUTES THAT RESULT IN LASTING HAPPINESS, PREPARE THEM TO BE LEADERS IN THEIR FAMILIES, THE CHURCH, THEIR PROFESSIONS & THEIR COMMUNITIES.

Notes from the nonprofit

In 2020, Cumorah Academy was incorporated in Utah as a 501c3. We invite young adults from across the globe to enhance their competencies and resilience in spiritual, social, emotional, and temporal/career domains of their lives. Regardless of ability to pay, students stay for three months on a unique campus that lends itself to an immersive leadership and personal development curriculum that is Christ-centered and rich in both rigor and application. Students are organized into social units/teams to maximize engagement, individual accountability, and shared responsibility; all of which is reinforced by staff, faculty, and mentors within a loving framework.

Ruling year info

2020

Executive Director

Mr. Patrick Sedivy

Main address

2105 Tuscany Way

Pleasant Grove, UT 84062 USA

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EIN

85-0617150

Subject area info

Vocational post-secondary education

Religion

Personal services

Diversity and intergroup relations

Social rights

Show more subject areas

Population served info

Young adults

People of European descent

People of Latin American descent

People of Middle Eastern descent

Religious groups

Show more populations served

NTEE code info

Adult, Continuing Education (B60)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

Reports and documents
2022 Annual Report 2023 Cumorah Academy Logic Model

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Cumorah Academy - ACADEMICS

We invite young adults from across the globe to enhance their competencies and resilience in spiritual, social, emotional, and temporal/career domains of their lives. Regardless of ability to pay, students stay for three months on a unique campus that lends itself to an immersive leadership, personal development & English language curriculum that is Christ-centered and rich in both rigor and application. Students are organized into social units/teams to maximize engagement, individual accountability, and shared responsibility; all of which is reinforced by staff, faculty, and mentors within a loving framework.

Population(s) Served
Young adults
Ethnic and racial groups
Christians
Interfaith groups
Victims of conflict and war

This program is a unique opportunity to provide fresh, healthy food to students, gain farm/agriculture experience, and generate more sustainable income for Cumorah Academy through the sale of products to local markets.

Population(s) Served

We match our young adult alum with employers to meet the growing demand associated with the remote and global workforce.

Wins for Students
*Earn while learning and gaining valuable work experience.
*Access to mentor expertise and valuable feedback (communication, interpersonal relationships, goal setting, technical abilities, time management, navigating and enhancing organizational culture, and leadership skills).
*Increased opportunities for longer-term gainful employment (while residing in own country).

Wins for Employers
*Gain access to a temporary workforce that is global, talented, & motivated.
*Enhance strategic initiatives, diversity, social good, and future workforce pipeline.

Wins for Cumorah
*Creates an added value to students participating in our programming, as well as extending the mentor and staff connection with after leaving campus
*Diversifies revenue sources

Population(s) Served
Young adults
People of European descent
People of Latin American descent
People of Middle Eastern descent
Religious groups
Young adults
People of European descent
People of Latin American descent
People of Middle Eastern descent
Religious groups

Where we work

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.

  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve, We tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

Cumorah Academy
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

413.23

Average of 137.80 over 3 years

Months of cash in 2022 info

SOURCE: IRS Form 990

418.2

Average of 139.4 over 3 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

0%

Average of 0% over 3 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Cumorah Academy

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Cumorah Academy

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Cumorah Academy

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Cumorah Academy’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 picture_as_pdf View full report cloud_downloadDownload data

Business model indicators

Profitability info 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $4,363,950 $650,265 $1,335,971
As % of expenses 0.0% 144.6% 3513.0%
Unrestricted surplus (deficit) after depreciation $4,363,950 $650,265 $1,335,971
As % of expenses 0.0% 144.6% 3513.0%
Revenue composition info
Total revenue (unrestricted & restricted) $4,363,950 $1,099,844 $1,374,000
Total revenue, % change over prior year 0.0% -74.8% 24.9%
Program services revenue 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0%
Investment income 0.0% 10.3% 98.8%
Government grants 0.0% 0.0% 0.0%
All other grants and contributions 100.0% 89.7% 1.2%
Other revenue 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $0 $449,579 $38,029
Total expenses, % change over prior year 0.0% 0.0% -91.5%
Personnel 0.0% 2.5% 0.0%
Professional fees 0.0% 94.6% 0.0%
Occupancy 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0%
All other expenses 0.0% 2.9% 100.0%
Full cost components (estimated) info 2020 2021 2022
Total expenses (after depreciation) $0 $449,579 $38,029
One month of savings $0 $37,465 $3,169
Debt principal payment $0 $0 $0
Fixed asset additions $0 $0 $0
Total full costs (estimated) $0 $487,044 $41,198

Capital structure indicators

Liquidity info 2020 2021 2022
Months of cash 0.0 0.1 418.2
Months of cash and investments 0.0 134.3 2004.8
Months of estimated liquid unrestricted net assets 0.0 133.8 2003.8
Balance sheet composition info 2020 2021 2022
Cash $25,050 $3,046 $1,325,224
Investments $0 $5,028,169 $5,028,169
Receivables $0 $0 $0
Gross land, buildings, equipment (LBE) $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.0% 0.3% 0.1%
Unrestricted net assets $0 $0 $0
Temporarily restricted net assets N/A N/A N/A
Permanently restricted net assets N/A N/A N/A
Total restricted net assets $0 $0 $0
Total net assets $4,363,950 $5,014,215 $6,350,186

Key data checks

Key data checks info 2020 2021 2022
Material data errors No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Mr. Patrick Sedivy

LinkedIn profile

https://rocketreach.co/patrick-sedivy-email_23107595

Number of employees

Source: IRS Form 990

Cumorah Academy

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Cumorah Academy

Board of directors
as of 06/30/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mrs. Allyse Sedivy

Entrepreneur

Term: 2020 -

Jason Plant

Jan Pohorelicky

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 6/12/2023
info Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Equity strategies

Last updated: 06/12/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.