Quick charity verification for Utah Sports Hall Of Fame Foundation (EIN: 205382442)
Verdict: Utah Sports Hall Of Fame Foundation appears trustworthy
75/100Mission Score
$438KRevenue
$1.1MAssets
3Red Flags
3Strengths
Red Flags
Highly volatile revenue streams, making financial planning difficult.
Significant operational deficits in recent years (e.g., 2023 expenses $234,393 vs. revenue $67,912).
Declining asset base from its peak, potentially due to covering operational shortfalls.
Strengths
Consistent reporting of 0% officer compensation, indicating strong transparency and efficient use of funds for leadership.
Maintains a substantial asset base ($1,098,704) providing a financial buffer.
Consistently reports zero or very low liabilities, indicating good financial management of debt.
Spending Breakdown
How Utah Sports Hall Of Fame Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Utah Sports Hall Of Fame Foundation
Is Utah Sports Hall Of Fame Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Utah Sports Hall Of Fame Foundation (EIN: 205382442) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Utah Sports Hall Of Fame Foundation a good charity to donate to?
Utah Sports Hall Of Fame Foundation has a Mission Score of 75/100. Revenue: $438K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Utah Sports Hall Of Fame Foundation?
The Employer Identification Number (EIN) for Utah Sports Hall Of Fame Foundation is 205382442. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Utah Sports Hall Of Fame Foundation spend its money?
Utah Sports Hall Of Fame Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Utah Sports Hall Of Fame Foundation's tax-exempt status?
You can verify Utah Sports Hall Of Fame Foundation's tax-exempt status using EIN 205382442 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Utah Sports Hall Of Fame Foundation exhibits a mixed financial picture. While the organization consistently reports zero officer compensation, indicating good transparency regarding executive pay, its financial performance has been highly volatile. For instance, revenue fluctuated dramatically from a high of $1,122,686 in 2019 to a low of $67,912 in 2023. This inconsistency makes long-term financial planning and stability challenging. The organization also experienced significant deficits in recent years, with expenses exceeding revenue by a substantial margin, such as in 2023 ($234,393 expenses vs. $67,912 revenue) and 2022 ($334,725 expenses vs. $307,476 revenue). This trend of spending more than it earns, particularly in the last two reported periods, raises concerns about its operational sustainability without drawing down assets or securing more consistent funding.
Despite these operational deficits, the foundation maintains a healthy asset base, currently at $1,098,704, which provides a buffer. However, the asset base has seen a decline from its peak of $1,483,170 in 2019, suggesting that the deficits are being covered by existing reserves. The consistent reporting of zero liabilities across most years is a positive indicator of financial prudence. The lack of detailed program, administrative, and fundraising expense breakdowns in the provided data limits a precise assessment of spending efficiency, but the overall trend of expenses often outpacing revenue is a key area for improvement.