American Foundation Of Utah Inc
American Foundation Of Utah Inc shows extreme revenue volatility but maintains zero liabilities and officer compensation.
EIN: 205823039 · Phoenix, AZ · NTEE: T30 · Updated: 2026-03-28
Is American Foundation Of Utah Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Foundation Of Utah Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Foundation Of Utah Inc
American Foundation Of Utah Inc (EIN: 205823039) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code T30. The organization reported total revenue of $21.3M and total assets of $39.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Foundation Of Utah Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Foundation Of Utah Inc is a large nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.8M |
| Surplus / Deficit | $-114,462 |
| Total Assets | $39.8M |
| Net Assets | $39.8M |
| Operating Margin | -4.3% |
| Months of Reserves | 170.8 months |
Financial Health Grade: B
In 2023, American Foundation Of Utah Inc reported a deficit of $114K with expenses exceeding revenue, holds 170.8 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), American Foundation Of Utah Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -129.6% | +116.7% | -25.9% |
| 2021 | -83.4% | +38.7% | +2.8% |
| 2020 | +825.8% | +22.2% | +121.9% |
| 2019 | -83.2% | -27.7% | +19.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Foundation Of Utah Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, American Foundation Of Utah Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $114K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, which is highly unusual for an organization of its size with assets nearing $40 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of American Foundation Of Utah Inc's IRS 990 filings:
- Extreme revenue volatility, including negative revenue of $-1,280,458 in 2022.
- Consistent 0% officer compensation for an organization with significant assets and expenses, which is highly unusual.
- Lack of detailed expense breakdown in provided data makes it difficult to assess spending efficiency.
Strengths
The following positive indicators were identified for American Foundation Of Utah Inc:
- Consistently reports zero liabilities, indicating strong financial solvency.
- Consistent 0% officer compensation suggests a lean approach to executive pay and potentially high volunteer involvement.
- Significant growth in assets from $3,015,498 in 2014 to $39,783,039 in 2023.
Frequently Asked Questions about American Foundation Of Utah Inc
Is American Foundation Of Utah Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Foundation Of Utah Inc (EIN: 205823039) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does American Foundation Of Utah Inc spend its money?
American Foundation Of Utah Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Foundation Of Utah Inc tax-deductible?
American Foundation Of Utah Inc is registered as a tax-exempt nonprofit (EIN: 205823039). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why is the revenue so volatile, including a negative revenue in 2022?
The organization experienced a negative revenue of $-1,280,458 in 2022, which is a significant anomaly and warrants further investigation into the nature of its income streams and accounting practices.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation is highly unusual for an organization with assets of $39,783,039 and annual expenses in the millions, suggesting that leadership may be entirely volunteer-based or compensated through other means not categorized as 'officer compensation'.
What are the primary drivers of the significant asset growth?
Assets have grown from $3,015,498 in 2014 to $39,783,039 in 2023, a substantial increase that would typically be driven by consistent surpluses or significant non-cash contributions, which is not immediately clear given the revenue volatility.
Filing History
IRS 990 filing history for American Foundation Of Utah Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), American Foundation Of Utah Inc's revenue has grown by 191.5%, moving from $920K to $2.7M. Total assets increased by 1620.5% over the same period, from $2.3M to $39.8M. Total functional expenses rose by 422.2%, from $535K to $2.8M. In its most recent filing year (2023), American Foundation Of Utah Inc reported a deficit of $114K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.8M | $39.8M | $0 | — | View 990 |
| 2022 | $-1,280,458 | $6.5M | $36.9M | $0 | — | View 990 |
| 2021 | $4.3M | $3.0M | $49.8M | $0 | — | View 990 |
| 2020 | $26.0M | $2.2M | $48.4M | $0 | — | View 990 |
| 2019 | $2.8M | $1.8M | $21.8M | $0 | — | View 990 |
| 2018 | $16.7M | $2.5M | $18.3M | $0 | — | View 990 |
| 2017 | $1.4M | $320K | $4.0M | $0 | — | View 990 |
| 2016 | $372K | $434K | $3.0M | $1 | — | View 990 |
| 2015 | $388K | $335K | $3.1M | $0 | — | View 990 |
| 2014 | $1.1M | $293K | $3.0M | $0 | — | View 990 |
| 2013 | $161K | $232K | $2.1M | $0 | — | View 990 |
| 2012 | $-2,934,583 | $198K | $2.2M | $0 | — | View 990 |
| 2011 | $91K | $183K | $2.3M | $441K | — | View 990 |
| 2010 | $920K | $535K | $2.3M | $400K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.8M, and assets of $39.8M.
- 2022: Revenue of $-1,280,458, expenses of $6.5M, and assets of $36.9M (revenue -129.6% year-over-year).
- 2021: Revenue of $4.3M, expenses of $3.0M, and assets of $49.8M (revenue -83.4% year-over-year).
- 2020: Revenue of $26.0M, expenses of $2.2M, and assets of $48.4M (revenue +825.8% year-over-year).
- 2019: Revenue of $2.8M, expenses of $1.8M, and assets of $21.8M (revenue -83.2% year-over-year).
- 2018: Revenue of $16.7M, expenses of $2.5M, and assets of $18.3M (revenue +1138.3% year-over-year).
- 2017: Revenue of $1.4M, expenses of $320K, and assets of $4.0M (revenue +263.4% year-over-year).
- 2016: Revenue of $372K, expenses of $434K, and assets of $3.0M (revenue -4.3% year-over-year).
- 2015: Revenue of $388K, expenses of $335K, and assets of $3.1M (revenue -65.8% year-over-year).
- 2014: Revenue of $1.1M, expenses of $293K, and assets of $3.0M (revenue +603.5% year-over-year).
- 2013: Revenue of $161K, expenses of $232K, and assets of $2.1M.
- 2012: Revenue of $-2,934,583, expenses of $198K, and assets of $2.2M (revenue -3319.4% year-over-year).
- 2011: Revenue of $91K, expenses of $183K, and assets of $2.3M (revenue -90.1% year-over-year).
- 2010: Revenue of $920K, expenses of $535K, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Foundation Of Utah Inc:
Data Sources and Methodology
This transparency report for American Foundation Of Utah Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.