Utah 1033 Foundation
EIN: 274096784 · Park City, UT · NTEE: P60
| Metric | Value |
|---|---|
| Total Revenue | $117K |
| Total Expenses | $108K |
| Net Assets | $566K |
Is Utah 1033 Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Utah 1033 Foundation
Utah 1033 Foundation (EIN: 274096784) is a nonprofit organization based in Park City, UT, classified under NTEE code P60. The organization reported total revenue of $117K and total assets of $553K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Utah 1033 Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Utah 1033 Foundation is a small nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $108K |
| Surplus / Deficit | +$17K |
| Total Assets | $571K |
| Total Liabilities | $5K |
| Net Assets | $566K |
| Operating Margin | 13.3% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 63.7 months |
Financial Health Grade: A
In 2023, Utah 1033 Foundation reported a surplus of $17K with revenue exceeding expenses, holds 63.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Utah 1033 Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.1% | +4.9% | +3.9% |
| 2022 | -29.1% | +13.4% | +15.2% |
| 2021 | +35.3% | -20.8% | +47.0% |
| 2020 | +1.8% | -20.5% | +24.9% |
| 2019 | -8.3% | -17.7% | +17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Utah 1033 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 Utah 1033 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Utah 1033 Foundation
Is Utah 1033 Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Utah 1033 Foundation (EIN: 274096784) insufficient data. 0 red flags identified, 0 strengths noted.
How does Utah 1033 Foundation spend its money?
Detailed spending breakdown data is not yet available for Utah 1033 Foundation. Check back for updated IRS 990 analysis.
Are donations to Utah 1033 Foundation tax-deductible?
Utah 1033 Foundation is registered as a tax-exempt nonprofit (EIN: 274096784). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Utah 1033 Foundation located?
Utah 1033 Foundation is headquartered in Park City, Utah and files with the IRS under EIN 274096784. It is classified under NTEE code P60.
How many years of IRS 990 filings does Utah 1033 Foundation have?
Utah 1033 Foundation has 11 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 $117K in total revenue.
Filing History
IRS 990 filing history for Utah 1033 Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Utah 1033 Foundation's revenue has declined by 7%, moving from $134K to $124K. Total assets increased by 399.2% over the same period, from $114K to $571K. Total functional expenses rose by 173.7%, from $39K to $108K. In its most recent filing year (2023), Utah 1033 Foundation reported a surplus of $17K, with revenue exceeding expenses. The organization holds $5K in liabilities against $571K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $566K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124K | $108K | $571K | $5K | — | — |
| 2022 | $175K | $103K | $550K | $0 | — | View 990 |
| 2021 | $247K | $90K | $477K | $0 | — | View 990 |
| 2020 | $183K | $114K | $325K | $4K | — | — |
| 2019 | $179K | $144K | $260K | $8K | — | View 990 |
| 2018 | $195K | $175K | $222K | $5K | — | View 990 |
| 2017 | $211K | $152K | $198K | $7K | — | View 990 |
| 2016 | $186K | $205K | $143K | $8K | — | View 990 |
| 2015 | $132K | $115K | $156K | $5K | — | View 990 |
| 2014 | $91K | $69K | $133K | $-2,296 | — | View 990 |
| 2013 | $134K | $39K | $114K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124K, expenses of $108K, and assets of $571K (revenue -29.1% year-over-year).
- 2022: Revenue of $175K, expenses of $103K, and assets of $550K (revenue -29.1% year-over-year).
- 2021: Revenue of $247K, expenses of $90K, and assets of $477K (revenue +35.3% year-over-year).
- 2020: Revenue of $183K, expenses of $114K, and assets of $325K (revenue +1.8% year-over-year).
- 2019: Revenue of $179K, expenses of $144K, and assets of $260K (revenue -8.3% year-over-year).
- 2018: Revenue of $195K, expenses of $175K, and assets of $222K (revenue -7.3% year-over-year).
- 2017: Revenue of $211K, expenses of $152K, and assets of $198K (revenue +13.3% year-over-year).
- 2016: Revenue of $186K, expenses of $205K, and assets of $143K (revenue +41.3% year-over-year).
- 2015: Revenue of $132K, expenses of $115K, and assets of $156K (revenue +44.8% year-over-year).
- 2014: Revenue of $91K, expenses of $69K, and assets of $133K (revenue -31.9% year-over-year).
- 2013: Revenue of $134K, expenses of $39K, and assets of $114K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Utah 1033 Foundation:
Data Sources and Methodology
This transparency report for Utah 1033 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.