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Nonprofit · EIN 93-4711158

IDAHO HOME LEARNING ACADEMY INC

Also known as IDAHO HOME LEARNING ACADEMY

Tax-exempt · MALAD CITY, ID 83252

Financials

$51.1M$45.7M2024
Revenue Expenses · by fiscal year end
Financials of IDAHO HOME LEARNING ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$51,081,498$45,651,095$5,430,403$7,802,629$2,372,226$5,430,403
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$50,594,179
of which government grants
$50,472,266
Program service revenue
$0
Investment income
$487,319
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$115,000
Other salaries and wages
$13,462,523
Salaries, compensation and benefits (total)
$17,396,098
Professional fundraising fees
$0
Travel
$9,125
Program services (functional)
$43,381,778
Management and general (functional)
$2,269,317

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$7,802,629
Total liabilities, end of year
$2,372,226
Net assets, end of year
$5,430,403
Net assets without donor restrictions
$5,430,403
Gross receipts
$51,081,498
Employees
356
Volunteers
6
Year formed
2023
State of legal domicile
ID

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Terri SorensenAdmin
Officer
40$58,800$7,926
Brent EvansonChairman
Trustee or director, Officer
1$0$0
Irene AlderVice Chair
Trustee or director, Officer
1$0$0
Jill KeetchMember
Trustee or director
1$0$0
Amber CurtisMember
Trustee or director
1$0$0
Jon AbramsMember
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
195 S 300 E, MALAD CITY, ID 83252-1343
In care of
% TERRI SORENSEN
Principal officer (990 for 2024)
Terri Sorensen, 195 S 300 E, Malad City, ID 83252
Signed the 990
Terri Sorensen, Administrator
Phone
(208) 534-6080
Return prepared by
QUEST CPAS PLLC

Mission

Public Education.

990 for the year ended June 30, 2025

Program accomplishments

  • The school is an independent state-funded public charter school governed under Title 33, Chapter 52 of Idaho Code. It provides innovative educational curricula within the public school system but independent from the traditional structure. Virtually all revenues and expenses relate to this single program service.
    Expenses $43,381,778

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024Check at the IRS

IRS record

EIN
93-4711158
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2025
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$7,802,629
Income (IRS master file)
$51,081,498

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$51,081,498$45,651,095$7,802,629IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 93-4711158).

Questions about IDAHO HOME LEARNING ACADEMY INC

What is the EIN of IDAHO HOME LEARNING ACADEMY INC?
The employer identification number (EIN) of IDAHO HOME LEARNING ACADEMY INC is 93-4711158.
Is IDAHO HOME LEARNING ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to IDAHO HOME LEARNING ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IDAHO HOME LEARNING ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of IDAHO HOME LEARNING ACADEMY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IDAHO HOME LEARNING ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of IDAHO HOME LEARNING ACADEMY INC?
The 990 for the year ended June 30, 2025 names Terri Sorensen.
Who are the officers and directors of IDAHO HOME LEARNING ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $58,800 (Terri Sorensen, Admin).
How much revenue does IDAHO HOME LEARNING ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $51,081,498, expenses of $45,651,095 and total assets of $7,802,629 at year end.

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