Deseret First Charitable Foundation
EIN: 475610668 · W Valley City, UT · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $40K |
| Net Assets | $249K |
Is Deseret First Charitable Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Deseret First Charitable Foundation
Deseret First Charitable Foundation (EIN: 475610668) is a nonprofit organization based in W Valley City, UT, classified under NTEE code T22. The organization reported total revenue of $185K and total assets of $167K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Deseret First Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Deseret First Charitable Foundation is a small nonprofit that has been operating for 10 years, with 3 years of IRS 990 filings on record (2019–2021). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $111K |
| Total Expenses | $40K |
| Surplus / Deficit | +$71K |
| Total Assets | $249K |
| Total Liabilities | $1 |
| Net Assets | $249K |
| Operating Margin | 63.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 74.4 months |
Financial Health Grade: A
In 2021, Deseret First Charitable Foundation reported a surplus of $71K with revenue exceeding expenses, holds 74.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2019–2021), Deseret First Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +32.4% | +62.3% | +39.6% |
| 2020 | -32.9% | -46.7% | +49.3% |
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 Deseret First Charitable Foundation 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 Deseret First Charitable Foundation 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $71K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Deseret First Charitable Foundation
Is Deseret First Charitable Foundation a legitimate charity?
Deseret First Charitable Foundation (EIN: 475610668) is a registered tax-exempt nonprofit based in Utah. It has 3 years of IRS 990 filings on record. Total revenue: $185K. No red flags identified. Financial health grade: A.
How does Deseret First Charitable Foundation spend its money?
Deseret First Charitable Foundation reported $185K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Deseret First Charitable Foundation tax-deductible?
Deseret First Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 475610668). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Deseret First Charitable Foundation located?
Deseret First Charitable Foundation is headquartered in W Valley City, Utah and files with the IRS under EIN 475610668. It is classified under NTEE code T22.
How many years of IRS 990 filings does Deseret First Charitable Foundation have?
Deseret First Charitable Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $185K in total revenue.
Filing History
IRS 990 filing history for Deseret First Charitable Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2019–2021), Deseret First Charitable Foundation's revenue has declined by 11.1%, moving from $124K to $111K. Total assets increased by 108.4% over the same period, from $119K to $249K. Total functional expenses fell by 13.5%, from $46K to $40K. In its most recent filing year (2021), Deseret First Charitable Foundation reported a surplus of $71K, with revenue exceeding expenses. The organization holds $1 in liabilities against $249K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $249K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $111K | $40K | $249K | $1 | — | View 990 |
| 2020 | $84K | $25K | $178K | $1 | — | View 990 |
| 2019 | $124K | $46K | $119K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $111K, expenses of $40K, and assets of $249K (revenue +32.4% year-over-year).
- 2020: Revenue of $84K, expenses of $25K, and assets of $178K (revenue -32.9% year-over-year).
- 2019: Revenue of $124K, expenses of $46K, and assets of $119K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Deseret First Charitable Foundation:
Data Sources and Methodology
This transparency report for Deseret First Charitable Foundation 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.