Utah Venture Outdoors Inc
EIN: 451056416 · Salt Lake Cty, UT · NTEE: N52
| Metric | Value |
|---|---|
| Total Revenue | $309K |
| Total Expenses | $353K |
| Net Assets | $39K |
Is Utah Venture Outdoors Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Utah Venture Outdoors Inc
Utah Venture Outdoors Inc (EIN: 451056416) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code N52. The organization reported total revenue of $309K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Utah Venture Outdoors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Utah Venture Outdoors Inc is a small nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 21.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $309K |
| Total Expenses | $353K |
| Surplus / Deficit | $-44,194 |
| Total Assets | $39K |
| Net Assets | $39K |
| Operating Margin | -14.3% |
| Months of Reserves | 1.3 months |
Financial Health Grade: C
In 2023, Utah Venture Outdoors Inc reported a deficit of $44K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2014–2023), Utah Venture Outdoors Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +-0.0% | +8.3% | -53.3% |
| 2022 | +12.5% | -6.3% | -17.2% |
| 2021 | +34.1% | +74.8% | -42.3% |
| 2020 | -33.7% | -3.6% | +3.3% |
| 2019 | +55.5% | +55.3% | +155.9% |
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 Venture Outdoors Inc 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 Venture Outdoors Inc 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 $44K, with expenses exceeding revenue.
Frequently Asked Questions about Utah Venture Outdoors Inc
Is Utah Venture Outdoors Inc a legitimate charity?
Utah Venture Outdoors Inc (EIN: 451056416) is a registered tax-exempt nonprofit based in Utah. It has 10 years of IRS 990 filings on record. Total revenue: $309K. No red flags identified. Financial health grade: C.
How does Utah Venture Outdoors Inc spend its money?
Utah Venture Outdoors Inc reported $309K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Utah Venture Outdoors Inc tax-deductible?
Utah Venture Outdoors Inc is registered as a tax-exempt nonprofit (EIN: 451056416). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Utah Venture Outdoors Inc located?
Utah Venture Outdoors Inc is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 451056416. It is classified under NTEE code N52.
How many years of IRS 990 filings does Utah Venture Outdoors Inc have?
Utah Venture Outdoors Inc has 10 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 $309K in total revenue.
Filing History
IRS 990 filing history for Utah Venture Outdoors Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Utah Venture Outdoors Inc's revenue has grown by 493.7%, moving from $52K to $309K. Total assets increased by 938% over the same period, from $4K to $39K. Total functional expenses rose by 574.9%, from $52K to $353K. In its most recent filing year (2023), Utah Venture Outdoors Inc reported a deficit of $44K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $309K | $353K | $39K | $0 | — | — |
| 2022 | $309K | $326K | $83K | $0 | — | View 990 |
| 2021 | $275K | $348K | $100K | $0 | — | View 990 |
| 2020 | $205K | $199K | $174K | $0 | — | View 990 |
| 2019 | $309K | $207K | $168K | $0 | — | View 990 |
| 2018 | $199K | $133K | $66K | $0 | — | View 990 |
| 2017 | $122K | $123K | $1 | $66 | — | View 990 |
| 2016 | $106K | $110K | $2K | $0 | — | View 990 |
| 2015 | $84K | $82K | $5K | $0 | — | View 990 |
| 2014 | $52K | $52K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $309K, expenses of $353K, and assets of $39K (revenue +-0.0% year-over-year).
- 2022: Revenue of $309K, expenses of $326K, and assets of $83K (revenue +12.5% year-over-year).
- 2021: Revenue of $275K, expenses of $348K, and assets of $100K (revenue +34.1% year-over-year).
- 2020: Revenue of $205K, expenses of $199K, and assets of $174K (revenue -33.7% year-over-year).
- 2019: Revenue of $309K, expenses of $207K, and assets of $168K (revenue +55.5% year-over-year).
- 2018: Revenue of $199K, expenses of $133K, and assets of $66K (revenue +63.4% year-over-year).
- 2017: Revenue of $122K, expenses of $123K, and assets of $1 (revenue +14.3% year-over-year).
- 2016: Revenue of $106K, expenses of $110K, and assets of $2K (revenue +27.0% year-over-year).
- 2015: Revenue of $84K, expenses of $82K, and assets of $5K (revenue +61.0% year-over-year).
- 2014: Revenue of $52K, expenses of $52K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Utah Venture Outdoors Inc:
Data Sources and Methodology
This transparency report for Utah Venture Outdoors Inc 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.