Salt Lake Area Restaurant Association
EIN: 464658632 · Salt Lake Cty, UT · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $70K |
| Total Expenses | $62K |
| Net Assets | $2K |
Is Salt Lake Area Restaurant Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Salt Lake Area Restaurant Association
Salt Lake Area Restaurant Association (EIN: 464658632) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code S40. The organization reported total revenue of $70K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salt Lake Area Restaurant Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salt Lake Area Restaurant Association is a micro nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $62K |
| Surplus / Deficit | +$2K |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | 3.3% |
| Months of Reserves | 0.3 months |
Financial Health Grade: A
In 2023, Salt Lake Area Restaurant Association reported a surplus of $2K with revenue exceeding expenses, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2016–2023), Salt Lake Area Restaurant Association's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.1% | -22.2% | -59.5% |
| 2022 | +33.1% | -12.7% | +97.8% |
| 2021 | -21.5% | +14.4% | +222400.0% |
| 2019 | +4.9% | +8.7% | -100.0% |
| 2018 | -9.1% | +27.2% | -93.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Salt Lake Area Restaurant Association 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 Salt Lake Area Restaurant Association 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 $2K, with revenue exceeding expenses.
Frequently Asked Questions about Salt Lake Area Restaurant Association
Is Salt Lake Area Restaurant Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Salt Lake Area Restaurant Association (EIN: 464658632) insufficient data. 0 red flags identified, 0 strengths noted.
How does Salt Lake Area Restaurant Association spend its money?
Detailed spending breakdown data is not yet available for Salt Lake Area Restaurant Association. Check back for updated IRS 990 analysis.
Are donations to Salt Lake Area Restaurant Association tax-deductible?
Salt Lake Area Restaurant Association is registered as a tax-exempt nonprofit (EIN: 464658632). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Salt Lake Area Restaurant Association located?
Salt Lake Area Restaurant Association is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 464658632. It is classified under NTEE code S40.
How many years of IRS 990 filings does Salt Lake Area Restaurant Association have?
Salt Lake Area Restaurant Association has 6 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 $70K in total revenue.
Filing History
IRS 990 filing history for Salt Lake Area Restaurant Association showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2016–2023), Salt Lake Area Restaurant Association's revenue has declined by 20.4%, moving from $81K to $64K. Total assets decreased by 94.8% over the same period, from $34K to $2K. Total functional expenses rose by 7.5%, from $58K to $62K. In its most recent filing year (2023), Salt Lake Area Restaurant Association reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $64K | $62K | $2K | $0 | — | — |
| 2022 | $81K | $80K | $4K | $0 | — | View 990 |
| 2021 | $61K | $92K | $2K | $0 | — | View 990 |
| 2019 | $77K | $80K | $1 | $0 | — | View 990 |
| 2018 | $74K | $74K | $2K | $0 | — | View 990 |
| 2016 | $81K | $58K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $64K, expenses of $62K, and assets of $2K (revenue -20.1% year-over-year).
- 2022: Revenue of $81K, expenses of $80K, and assets of $4K (revenue +33.1% year-over-year).
- 2021: Revenue of $61K, expenses of $92K, and assets of $2K (revenue -21.5% year-over-year).
- 2019: Revenue of $77K, expenses of $80K, and assets of $1 (revenue +4.9% year-over-year).
- 2018: Revenue of $74K, expenses of $74K, and assets of $2K (revenue -9.1% year-over-year).
- 2016: Revenue of $81K, expenses of $58K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salt Lake Area Restaurant Association:
Data Sources and Methodology
This transparency report for Salt Lake Area Restaurant 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.