Mormon Transhumanist Association
Mormon Transhumanist Association reports significant deficit in latest filing despite asset growth.
EIN: 205826770 · W Valley City, UT · NTEE: X99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $132K |
| Total Expenses | $139K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $308,445. |
| Net Assets | $211K |
| Transparency Score | 75/100 |
Is Mormon Transhumanist Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mormon Transhumanist Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mormon Transhumanist Association
Mormon Transhumanist Association (EIN: 205826770) is a nonprofit organization based in W Valley City, UT, classified under NTEE code X99. The organization reported total revenue of $132K and total assets of $308K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mormon Transhumanist Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mormon Transhumanist Association is a small nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2009–2022). Revenue has grown at a compound annual rate of 28.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $139K |
| Surplus / Deficit | $-110,659 |
| Total Assets | $211K |
| Net Assets | $211K |
| Operating Margin | -395.4% |
| Months of Reserves | 18.3 months |
Financial Health Grade: B
In 2022, Mormon Transhumanist Association reported a deficit of $111K with expenses exceeding revenue, holds 18.3 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2009–2022), Mormon Transhumanist Association's revenue has grown at a compound annual growth rate (CAGR) of 28.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +261.0% | +3046.8% | +1821.4% |
| 2012 | +130.7% | +41.8% | +535.6% |
| 2010 | +223.7% | +168.4% | +17.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2018 |
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 Mormon Transhumanist Association with a Mission Score of 75 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: 80%
- fundraising: 5%
According to IRS 990 filings, Mormon Transhumanist Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $111K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or directors received compensation from the organization, which is highly commendable for an organization of its size with assets of $308,445.
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 Mormon Transhumanist Association's IRS 990 filings:
- Significant operating deficit in the latest reporting period (202212), with expenses ($138,646) far exceeding revenue ($27,987).
- Lack of detailed expense breakdown in filings makes it difficult to assess program efficiency.
- NTEE code X99 (Unknown/Unclassified) provides little insight into the organization's specific programmatic focus.
Strengths
The following positive indicators were identified for Mormon Transhumanist Association:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial transparency and volunteer leadership.
- No reported liabilities across all filing periods, demonstrating fiscal responsibility and absence of debt.
- Significant growth in assets from $1,477 in 2009 to $308,445 currently, indicating successful asset accumulation over time.
Frequently Asked Questions about Mormon Transhumanist Association
Is Mormon Transhumanist Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Mormon Transhumanist Association (EIN: 205826770) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Mormon Transhumanist Association spend its money?
Mormon Transhumanist Association directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mormon Transhumanist Association tax-deductible?
Mormon Transhumanist Association is registered as a tax-exempt nonprofit (EIN: 205826770). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mormon Transhumanist Association CEO make?
Mormon Transhumanist Association's highest-compensated officer earns $308,445. annually. The organization reported $132K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mormon Transhumanist Association's spending goes to programs?
Mormon Transhumanist Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mormon Transhumanist Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), Mormon Transhumanist Association is above average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mormon Transhumanist Association located?
Mormon Transhumanist Association is headquartered in W Valley City, Utah and files with the IRS under EIN 205826770. It is classified under NTEE code X99.
How many years of IRS 990 filings does Mormon Transhumanist Association have?
Mormon Transhumanist Association has 4 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 $132K in total revenue.
How does the Mormon Transhumanist Association plan to address the significant deficit of $110,659 (Expenses $138,646 - Revenue $27,987) reported in the 202212 period?
The filings do not provide a specific plan, but the deficit suggests a reliance on accumulated assets or other non-annual revenue sources to cover operational costs in that period.
What specific programs or activities accounted for the substantial increase in expenses from $4,406 in 2012 to $138,646 in 2022?
The IRS 990 filings provide only total expense figures, not a detailed breakdown of program-specific spending.
Given the NTEE code X99 (Unknown/Unclassified), what are the primary activities the Mormon Transhumanist Association engages in to fulfill its mission?
The NTEE code X99 indicates the organization's activities are not categorized, and the filings themselves do not elaborate on specific program details.
Filing History
IRS 990 filing history for Mormon Transhumanist Association showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2009–2022), Mormon Transhumanist Association's revenue has grown by 2596.2%, moving from $1K to $28K. Total assets increased by 14195.6% over the same period, from $1K to $211K. Total functional expenses rose by 11872.9%, from $1K to $139K. In its most recent filing year (2022), Mormon Transhumanist Association reported a deficit of $111K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $28K | $139K | $211K | $0 | — | — |
| 2012 | $8K | $4K | $11K | $0 | — | View 990 |
| 2010 | $3K | $3K | $2K | $0 | — | View 990 |
| 2009 | $1K | $1K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $28K, expenses of $139K, and assets of $211K (revenue +261.0% year-over-year).
- 2012: Revenue of $8K, expenses of $4K, and assets of $11K (revenue +130.7% year-over-year).
- 2010: Revenue of $3K, expenses of $3K, and assets of $2K (revenue +223.7% year-over-year).
- 2009: Revenue of $1K, expenses of $1K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mormon Transhumanist Association:
Data Sources and Methodology
This transparency report for Mormon Transhumanist Association 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.