Utah Association Of Morgage Brokers
EIN: 820568456 · Sandy, UT · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $23K |
| Total Expenses | $34K |
| Net Assets | $157K |
Is Utah Association Of Morgage Brokers Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Utah Association Of Morgage Brokers
Utah Association Of Morgage Brokers (EIN: 820568456) is a nonprofit organization based in Sandy, UT, classified under NTEE code S41. The organization reported total revenue of $23K and total assets of $147K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Utah Association Of Morgage Brokers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Utah Association Of Morgage Brokers is a micro nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $34K |
| Surplus / Deficit | $-5,523 |
| Total Assets | $157K |
| Net Assets | $157K |
| Operating Margin | -19.2% |
| Months of Reserves | 55.0 months |
Financial Health Grade: B
In 2023, Utah Association Of Morgage Brokers reported a deficit of $6K with expenses exceeding revenue, holds 55.0 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Utah Association Of Morgage Brokers's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -61.7% | +18.8% | -3.4% |
| 2022 | +1032.8% | +182.9% | +214.7% |
| 2020 | -88.0% | -71.3% | -6.5% |
| 2019 | +5.0% | +5.5% | +53.9% |
| 2018 | +125.0% | -10.4% | +112.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Utah Association Of Morgage Brokers 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 Association Of Morgage Brokers 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 deficit of $6K, with expenses exceeding revenue.
Frequently Asked Questions about Utah Association Of Morgage Brokers
Is Utah Association Of Morgage Brokers a legitimate charity?
Utah Association Of Morgage Brokers (EIN: 820568456) is a registered tax-exempt nonprofit based in Utah. It has 11 years of IRS 990 filings on record. Total revenue: $23K. No red flags identified. Financial health grade: B.
How does Utah Association Of Morgage Brokers spend its money?
Utah Association Of Morgage Brokers reported $23K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Utah Association Of Morgage Brokers tax-deductible?
Utah Association Of Morgage Brokers is registered as a tax-exempt nonprofit (EIN: 820568456). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Utah Association Of Morgage Brokers located?
Utah Association Of Morgage Brokers is headquartered in Sandy, Utah and files with the IRS under EIN 820568456. It is classified under NTEE code S41.
How many years of IRS 990 filings does Utah Association Of Morgage Brokers have?
Utah Association Of Morgage Brokers 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 $23K in total revenue.
Filing History
IRS 990 filing history for Utah Association Of Morgage Brokers showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Utah Association Of Morgage Brokers's revenue has declined by 28.7%, moving from $40K to $29K. Total assets increased by 1924.7% over the same period, from $8K to $157K. Total functional expenses fell by 16.9%, from $41K to $34K. In its most recent filing year (2023), Utah Association Of Morgage Brokers reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29K | $34K | $157K | $0 | — | — |
| 2022 | $75K | $29K | $163K | $0 | — | — |
| 2020 | $7K | $10K | $52K | $0 | — | View 990 |
| 2019 | $55K | $36K | $55K | $0 | — | View 990 |
| 2018 | $53K | $34K | $36K | $420 | — | View 990 |
| 2017 | $23K | $38K | $17K | $420 | — | View 990 |
| 2016 | $44K | $37K | $31K | $420 | — | View 990 |
| 2014 | $45K | $30K | $25K | $0 | — | View 990 |
| 2013 | $27K | $30K | $10K | $0 | — | View 990 |
| 2012 | $33K | $28K | $13K | $0 | — | View 990 |
| 2011 | $40K | $41K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29K, expenses of $34K, and assets of $157K (revenue -61.7% year-over-year).
- 2022: Revenue of $75K, expenses of $29K, and assets of $163K (revenue +1032.8% year-over-year).
- 2020: Revenue of $7K, expenses of $10K, and assets of $52K (revenue -88.0% year-over-year).
- 2019: Revenue of $55K, expenses of $36K, and assets of $55K (revenue +5.0% year-over-year).
- 2018: Revenue of $53K, expenses of $34K, and assets of $36K (revenue +125.0% year-over-year).
- 2017: Revenue of $23K, expenses of $38K, and assets of $17K (revenue -46.5% year-over-year).
- 2016: Revenue of $44K, expenses of $37K, and assets of $31K (revenue -3.0% year-over-year).
- 2014: Revenue of $45K, expenses of $30K, and assets of $25K (revenue +64.6% year-over-year).
- 2013: Revenue of $27K, expenses of $30K, and assets of $10K (revenue -17.4% year-over-year).
- 2012: Revenue of $33K, expenses of $28K, and assets of $13K (revenue -17.8% year-over-year).
- 2011: Revenue of $40K, expenses of $41K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Utah Association Of Morgage Brokers:
Data Sources and Methodology
This transparency report for Utah Association Of Morgage Brokers 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.