Cit Utah Inc
EIN: 475212570 · Salt Lake Cty, UT · NTEE: M03
| Metric | Value |
|---|---|
| Total Revenue | $205K |
| Total Expenses | $227K |
| Net Assets | $73K |
Is Cit Utah Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cit Utah Inc
Cit Utah Inc (EIN: 475212570) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code M03. The organization reported total revenue of $205K and total assets of $82K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cit Utah Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cit Utah Inc is a small nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 72.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $227K |
| Total Expenses | $227K |
| Surplus / Deficit | $-161 |
| Total Assets | $73K |
| Net Assets | $73K |
| Operating Margin | -0.1% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2023, Cit Utah Inc reported a deficit of $161 with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 9 years of filings (2015–2023), Cit Utah Inc's revenue has grown at a compound annual growth rate (CAGR) of 72.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.2% | +5.9% | -0.2% |
| 2022 | +20.0% | +33.1% | -6.1% |
| 2021 | +62.6% | +37.4% | +17.2% |
| 2020 | -44.0% | -32.1% | -22.4% |
| 2019 | +4.9% | +14.8% | +29.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cit Utah Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cit Utah Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $161, with expenses exceeding revenue.
Frequently Asked Questions about Cit Utah Inc
Is Cit Utah Inc a legitimate charity?
Cit Utah Inc (EIN: 475212570) is a registered tax-exempt nonprofit based in Utah. It has 9 years of IRS 990 filings on record. Total revenue: $205K. No red flags identified. Financial health grade: B.
How does Cit Utah Inc spend its money?
Cit Utah Inc reported $205K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cit Utah Inc tax-deductible?
Cit Utah Inc is registered as a tax-exempt nonprofit (EIN: 475212570). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cit Utah Inc located?
Cit Utah Inc is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 475212570. It is classified under NTEE code M03.
How many years of IRS 990 filings does Cit Utah Inc have?
Cit Utah Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $205K in total revenue.
Filing History
IRS 990 filing history for Cit Utah Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Cit Utah Inc's revenue has grown by 7840%, moving from $3K to $227K. Total assets increased by 18041.8% over the same period, from $400 to $73K. Total functional expenses rose by 9138.1%, from $2K to $227K. In its most recent filing year (2023), Cit Utah Inc reported a deficit of $161, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $227K | $227K | $73K | $0 | — | View 990 |
| 2022 | $210K | $215K | $73K | $0 | — | — |
| 2021 | $175K | $161K | $77K | $0 | — | View 990 |
| 2020 | $108K | $117K | $66K | $2K | — | — |
| 2019 | $192K | $173K | $85K | $12K | — | View 990 |
| 2018 | $183K | $151K | $66K | $11K | — | View 990 |
| 2017 | $181K | $169K | $33K | $11K | — | View 990 |
| 2016 | $68K | $58K | $19K | $9K | — | View 990 |
| 2015 | $3K | $2K | $400 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $227K, expenses of $227K, and assets of $73K (revenue +8.2% year-over-year).
- 2022: Revenue of $210K, expenses of $215K, and assets of $73K (revenue +20.0% year-over-year).
- 2021: Revenue of $175K, expenses of $161K, and assets of $77K (revenue +62.6% year-over-year).
- 2020: Revenue of $108K, expenses of $117K, and assets of $66K (revenue -44.0% year-over-year).
- 2019: Revenue of $192K, expenses of $173K, and assets of $85K (revenue +4.9% year-over-year).
- 2018: Revenue of $183K, expenses of $151K, and assets of $66K (revenue +1.3% year-over-year).
- 2017: Revenue of $181K, expenses of $169K, and assets of $33K (revenue +167.1% year-over-year).
- 2016: Revenue of $68K, expenses of $58K, and assets of $19K (revenue +2267.4% year-over-year).
- 2015: Revenue of $3K, expenses of $2K, and assets of $400.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cit Utah Inc:
Data Sources and Methodology
This transparency report for Cit 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.