Friends Of Great Salt Lake
EIN: 870527602 · Salt Lake Cty, UT · NTEE: C013
| Metric | Value |
|---|---|
| Total Revenue | $577K |
| Total Expenses | $273K |
| Net Assets | $818K |
Is Friends Of Great Salt Lake Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of Great Salt Lake
Friends Of Great Salt Lake (EIN: 870527602) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code C013. The organization reported total revenue of $577K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Great Salt Lake's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Great Salt Lake is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $441K |
| Total Expenses | $273K |
| Surplus / Deficit | +$168K |
| Total Assets | $824K |
| Total Liabilities | $6K |
| Net Assets | $818K |
| Operating Margin | 38.1% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 36.2 months |
Financial Health Grade: A
In 2023, Friends Of Great Salt Lake reported a surplus of $168K with revenue exceeding expenses, holds 36.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Great Salt Lake's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.5% | +4.8% | +27.4% |
| 2022 | +29.0% | +30.6% | +21.3% |
| 2021 | -28.2% | -17.6% | +21.0% |
| 2020 | +104.7% | +22.0% | +68.1% |
| 2019 | -10.4% | -9.1% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of Great Salt Lake 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 Friends Of Great Salt Lake 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 surplus of $168K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Friends Of Great Salt Lake
Is Friends Of Great Salt Lake a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Great Salt Lake (EIN: 870527602) insufficient data. 0 red flags identified, 0 strengths noted.
How does Friends Of Great Salt Lake spend its money?
Detailed spending breakdown data is not yet available for Friends Of Great Salt Lake. Check back for updated IRS 990 analysis.
Are donations to Friends Of Great Salt Lake tax-deductible?
Friends Of Great Salt Lake is registered as a tax-exempt nonprofit (EIN: 870527602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of Great Salt Lake located?
Friends Of Great Salt Lake is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 870527602. It is classified under NTEE code C013.
How many years of IRS 990 filings does Friends Of Great Salt Lake have?
Friends Of Great Salt Lake has 13 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 $577K in total revenue.
Filing History
IRS 990 filing history for Friends Of Great Salt Lake showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Great Salt Lake's revenue has grown by 356.8%, moving from $97K to $441K. Total assets increased by 709.1% over the same period, from $102K to $824K. Total functional expenses rose by 158.1%, from $106K to $273K. In its most recent filing year (2023), Friends Of Great Salt Lake reported a surplus of $168K, with revenue exceeding expenses. The organization holds $6K in liabilities against $824K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $818K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $441K | $273K | $824K | $6K | — | View 990 |
| 2022 | $372K | $261K | $647K | $27K | — | View 990 |
| 2021 | $289K | $200K | $533K | $24K | — | View 990 |
| 2020 | $402K | $242K | $441K | $20K | — | View 990 |
| 2019 | $196K | $199K | $262K | $2K | — | View 990 |
| 2018 | $219K | $218K | $266K | $4K | — | View 990 |
| 2017 | $200K | $164K | $262K | $885 | — | View 990 |
| 2016 | $190K | $176K | $231K | $5K | — | View 990 |
| 2015 | $162K | $109K | $2K | $211K | — | View 990 |
| 2014 | $131K | $138K | $158K | $0 | — | View 990 |
| 2013 | $86K | $56K | $165K | $0 | — | View 990 |
| 2012 | $129K | $95K | $135K | $0 | — | View 990 |
| 2011 | $97K | $106K | $102K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $441K, expenses of $273K, and assets of $824K (revenue +18.5% year-over-year).
- 2022: Revenue of $372K, expenses of $261K, and assets of $647K (revenue +29.0% year-over-year).
- 2021: Revenue of $289K, expenses of $200K, and assets of $533K (revenue -28.2% year-over-year).
- 2020: Revenue of $402K, expenses of $242K, and assets of $441K (revenue +104.7% year-over-year).
- 2019: Revenue of $196K, expenses of $199K, and assets of $262K (revenue -10.4% year-over-year).
- 2018: Revenue of $219K, expenses of $218K, and assets of $266K (revenue +9.8% year-over-year).
- 2017: Revenue of $200K, expenses of $164K, and assets of $262K (revenue +5.3% year-over-year).
- 2016: Revenue of $190K, expenses of $176K, and assets of $231K (revenue +17.1% year-over-year).
- 2015: Revenue of $162K, expenses of $109K, and assets of $2K (revenue +24.1% year-over-year).
- 2014: Revenue of $131K, expenses of $138K, and assets of $158K (revenue +52.2% year-over-year).
- 2013: Revenue of $86K, expenses of $56K, and assets of $165K (revenue -33.3% year-over-year).
- 2012: Revenue of $129K, expenses of $95K, and assets of $135K (revenue +33.1% year-over-year).
- 2011: Revenue of $97K, expenses of $106K, and assets of $102K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Great Salt Lake:
Data Sources and Methodology
This transparency report for Friends Of Great Salt Lake 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.