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Private School Struggling to Remain Open

Private School Struggling to Remain Open

Posted - Nov. 23, 2004 at 7:43 a.m.



This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

SALT LAKE CITY (AP) -- The Thanksgiving break has been extended for students attending Deseret Academy in Salt Lake City.

The extra time is intended to give the struggling private school's financial advisers and parents time to analyze the books.

School founders Michael S-- and Patti Adams vow to keep the school open despite financial problems and their own personal bankruptcy.

Court documents show the couple's personal bankruptcy includes about 37-thousand dollars in business debts. But Patti Adams says the school won't suffer because of it.

Parents have recently raised about 100-thousand dollars to keep the school afloat.

The school has about 120 students in grades K-12. The school's teachings are rooted in the Mormon faith, but it is NOT affiliated with The Church of Jesus Christ of Latter-day Saints.

(Copyright 2004 by The Associated Press. All Rights Reserved.)

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