Utah Sports Hall Of Fame Foundation
Utah Sports Hall Of Fame Foundation faces volatile revenues and recent operational deficits despite strong asset base and zero officer compensation.
EIN: 205382442 · N Salt Lake, UT · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $438K |
| Total Expenses | $234K |
| Program Spending | 70% |
| Net Assets | $1.2M |
| Transparency Score | 75/100 |
Is Utah Sports Hall Of Fame Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Utah Sports Hall Of Fame Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Utah Sports Hall Of Fame Foundation
Utah Sports Hall Of Fame Foundation (EIN: 205382442) is a nonprofit organization based in N Salt Lake, UT, classified under NTEE code O50. The organization reported total revenue of $438K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Utah Sports Hall Of Fame Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Utah Sports Hall Of Fame Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $234K |
| Surplus / Deficit | $-166,481 |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | -245.1% |
| Months of Reserves | 59.7 months |
Financial Health Grade: B
In 2023, Utah Sports Hall Of Fame Foundation reported a deficit of $166K with expenses exceeding revenue, holds 59.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Utah Sports Hall Of Fame Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -77.9% | -30.0% | -9.4% |
| 2022 | -28.7% | -7.7% | -3.7% |
| 2021 | +125.8% | -13.7% | +5.7% |
| 2020 | -83.0% | +100.1% | -14.7% |
| 2019 | +855.2% | +71.9% | +161.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Utah Sports Hall Of Fame Foundation 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Utah Sports Hall Of Fame Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $166K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is a strong positive for transparency and resource allocation directly to its mission.
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 Utah Sports Hall Of Fame Foundation's IRS 990 filings:
- Highly volatile revenue streams, making financial planning difficult.
- Significant operational deficits in recent years (e.g., 2023 expenses $234,393 vs. revenue $67,912).
- Declining asset base from its peak, potentially due to covering operational shortfalls.
Strengths
The following positive indicators were identified for Utah Sports Hall Of Fame Foundation:
- Consistent reporting of 0% officer compensation, indicating strong transparency and efficient use of funds for leadership.
- Maintains a substantial asset base ($1,098,704) providing a financial buffer.
- Consistently reports zero or very low liabilities, indicating good financial management of debt.
Frequently Asked Questions about Utah Sports Hall Of Fame Foundation
Is Utah Sports Hall Of Fame Foundation a legitimate charity?
Utah Sports Hall Of Fame Foundation (EIN: 205382442) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $438K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Utah Sports Hall Of Fame Foundation spend its money?
Utah Sports Hall Of Fame Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Utah Sports Hall Of Fame Foundation tax-deductible?
Utah Sports Hall Of Fame Foundation is registered as a tax-exempt nonprofit (EIN: 205382442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Utah Sports Hall Of Fame Foundation's spending goes to programs?
Utah Sports Hall Of Fame Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Utah Sports Hall Of Fame Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Utah Sports Hall Of Fame Foundation is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Utah Sports Hall Of Fame Foundation located?
Utah Sports Hall Of Fame Foundation is headquartered in N Salt Lake, Utah and files with the IRS under EIN 205382442. It is classified under NTEE code O50.
How many years of IRS 990 filings does Utah Sports Hall Of Fame Foundation have?
Utah Sports Hall Of Fame Foundation 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 $438K in total revenue.
Is the Utah Sports Hall Of Fame Foundation financially stable?
While the foundation has a strong asset base of $1,098,704, its financial stability is challenged by highly volatile revenues and recent operational deficits, where expenses have significantly exceeded revenue in the last two reported periods (e.g., $234,393 expenses vs. $67,912 revenue in 2023).
How does the organization manage executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that no salaries are paid to its officers, which is excellent for transparency and ensuring funds are directed elsewhere.
What is the trend in the organization's assets?
The organization's assets have fluctuated, peaking at $1,483,170 in 2019 and declining to $1,098,704 currently, suggesting that recent operational deficits may be drawing down reserves.
Are there concerns about the organization's revenue consistency?
Yes, revenue has been highly inconsistent, ranging from $1,122,686 in 2019 to $67,912 in 2023, making it difficult to predict and plan for future operations.
Filing History
IRS 990 filing history for Utah Sports Hall Of Fame Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Utah Sports Hall Of Fame Foundation's revenue has grown by 158.3%, moving from $26K to $68K. Total assets increased by 618.8% over the same period, from $162K to $1.2M. Total functional expenses rose by 1089.8%, from $20K to $234K. In its most recent filing year (2023), Utah Sports Hall Of Fame Foundation reported a deficit of $166K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $68K | $234K | $1.2M | $0 | — | View 990 |
| 2022 | $307K | $335K | $1.3M | $31 | — | View 990 |
| 2021 | $431K | $363K | $1.3M | $347 | — | View 990 |
| 2020 | $191K | $420K | $1.3M | $494 | — | View 990 |
| 2019 | $1.1M | $210K | $1.5M | $455 | — | View 990 |
| 2018 | $118K | $122K | $566K | $0 | — | View 990 |
| 2017 | $240K | $23K | $571K | $0 | — | View 990 |
| 2016 | $81K | $14K | $355K | $0 | — | View 990 |
| 2015 | $98K | $17K | $287K | $0 | — | View 990 |
| 2014 | $32K | $21K | $206K | $0 | — | View 990 |
| 2013 | $37K | $13K | $196K | $0 | — | View 990 |
| 2012 | $30K | $20K | $172K | $0 | — | View 990 |
| 2011 | $26K | $20K | $162K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68K, expenses of $234K, and assets of $1.2M (revenue -77.9% year-over-year).
- 2022: Revenue of $307K, expenses of $335K, and assets of $1.3M (revenue -28.7% year-over-year).
- 2021: Revenue of $431K, expenses of $363K, and assets of $1.3M (revenue +125.8% year-over-year).
- 2020: Revenue of $191K, expenses of $420K, and assets of $1.3M (revenue -83.0% year-over-year).
- 2019: Revenue of $1.1M, expenses of $210K, and assets of $1.5M (revenue +855.2% year-over-year).
- 2018: Revenue of $118K, expenses of $122K, and assets of $566K (revenue -51.0% year-over-year).
- 2017: Revenue of $240K, expenses of $23K, and assets of $571K (revenue +195.4% year-over-year).
- 2016: Revenue of $81K, expenses of $14K, and assets of $355K (revenue -17.1% year-over-year).
- 2015: Revenue of $98K, expenses of $17K, and assets of $287K (revenue +207.3% year-over-year).
- 2014: Revenue of $32K, expenses of $21K, and assets of $206K (revenue -13.3% year-over-year).
- 2013: Revenue of $37K, expenses of $13K, and assets of $196K (revenue +21.4% year-over-year).
- 2012: Revenue of $30K, expenses of $20K, and assets of $172K (revenue +15.1% year-over-year).
- 2011: Revenue of $26K, expenses of $20K, and assets of $162K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Utah Sports Hall Of Fame Foundation:
Data Sources and Methodology
This transparency report for Utah Sports Hall Of Fame 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.