Wasatch Cache Valley Ballet Supportfoundation
Wasatch Cache Valley Ballet Supportfoundation maintains stable finances with growing assets and zero officer compensation.
EIN: 208098771 · Logan, UT · NTEE: A12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $30K |
| Total Expenses | $16K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $30,000. |
| Net Assets | $424K |
| Transparency Score | 92/100 |
Is Wasatch Cache Valley Ballet Supportfoundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wasatch Cache Valley Ballet Supportfoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wasatch Cache Valley Ballet Supportfoundation
Wasatch Cache Valley Ballet Supportfoundation (EIN: 208098771) is a nonprofit organization based in Logan, UT, classified under NTEE code A12. The organization reported total revenue of $30K and total assets of $432K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wasatch Cache Valley Ballet Supportfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wasatch Cache Valley Ballet Supportfoundation is a micro nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $16K |
| Surplus / Deficit | +$6K |
| Total Assets | $424K |
| Net Assets | $424K |
| Operating Margin | 26.0% |
| Months of Reserves | 313.6 months |
Financial Health Grade: A
In 2023, Wasatch Cache Valley Ballet Supportfoundation reported a surplus of $6K with revenue exceeding expenses, holds 313.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Wasatch Cache Valley Ballet Supportfoundation's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.3% | +32.9% | +1.4% |
| 2022 | +4.4% | +0.0% | +3.2% |
| 2021 | +33.8% | -47.4% | +3.0% |
| 2020 | -86.9% | +2220.0% | -1.3% |
| 2019 | +436.1% | -94.0% | +52.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Wasatch Cache Valley Ballet Supportfoundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Wasatch Cache Valley Ballet Supportfoundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with annual revenues typically under $30,000.
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.
Strengths
The following positive indicators were identified for Wasatch Cache Valley Ballet Supportfoundation:
- Consistent asset growth, from $240,878 in 2014 to $423,551 in 2023.
- Zero liabilities reported across all filings, indicating strong financial management.
- 0% officer compensation, suggesting a highly volunteer-driven and efficient leadership.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency and accountability.
- Expenses consistently lower than revenue in most recent years (e.g., 2023 revenue $21,889 vs. expenses $16,208), contributing to asset growth.
Frequently Asked Questions about Wasatch Cache Valley Ballet Supportfoundation
Is Wasatch Cache Valley Ballet Supportfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Wasatch Cache Valley Ballet Supportfoundation (EIN: 208098771) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Wasatch Cache Valley Ballet Supportfoundation spend its money?
Wasatch Cache Valley Ballet Supportfoundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wasatch Cache Valley Ballet Supportfoundation tax-deductible?
Wasatch Cache Valley Ballet Supportfoundation is registered as a tax-exempt nonprofit (EIN: 208098771). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wasatch Cache Valley Ballet Supportfoundation CEO make?
Wasatch Cache Valley Ballet Supportfoundation's highest-compensated officer earns $30,000. annually. The organization reported $30K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Wasatch Cache Valley Ballet Supportfoundation's spending goes to programs?
Wasatch Cache Valley Ballet Supportfoundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wasatch Cache Valley Ballet Supportfoundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Wasatch Cache Valley Ballet Supportfoundation is above average for NTEE category A12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wasatch Cache Valley Ballet Supportfoundation located?
Wasatch Cache Valley Ballet Supportfoundation is headquartered in Logan, Utah and files with the IRS under EIN 208098771. It is classified under NTEE code A12.
How many years of IRS 990 filings does Wasatch Cache Valley Ballet Supportfoundation have?
Wasatch Cache Valley Ballet Supportfoundation 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 $30K in total revenue.
Is Wasatch Cache Valley Ballet Supportfoundation a good charity?
Based on the provided data, Wasatch Cache Valley Ballet Supportfoundation appears to be a very good charity. It demonstrates strong financial health with growing assets and zero liabilities, operates with no officer compensation, and consistently files its IRS 990s, indicating transparency and a focus on its mission.
How has the organization's asset base changed over time?
The organization's assets have shown consistent growth, increasing from $240,878 in 2014 to $423,551 in 2023, representing an increase of over 75% in a decade.
Does the organization carry any debt?
No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating it operates debt-free.
Filing History
IRS 990 filing history for Wasatch Cache Valley Ballet Supportfoundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wasatch Cache Valley Ballet Supportfoundation's revenue has grown by 75.6%, moving from $12K to $22K. Total assets increased by 80.3% over the same period, from $235K to $424K. Total functional expenses rose by 34%, from $12K to $16K. In its most recent filing year (2023), Wasatch Cache Valley Ballet Supportfoundation reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22K | $16K | $424K | $0 | — | — |
| 2022 | $25K | $12K | $418K | $0 | — | View 990 |
| 2021 | $24K | $12K | $405K | $0 | — | — |
| 2020 | $18K | $23K | $393K | $0 | — | — |
| 2019 | $138K | $1K | $398K | $0 | — | View 990 |
| 2018 | $26K | $17K | $261K | $0 | — | View 990 |
| 2017 | $18K | $12K | $252K | $0 | — | View 990 |
| 2016 | $15K | $11K | $247K | $0 | — | View 990 |
| 2015 | $26K | $24K | $243K | $0 | — | View 990 |
| 2014 | $15K | $12K | $241K | $0 | — | View 990 |
| 2013 | $14K | $12K | $239K | $0 | — | View 990 |
| 2012 | $14K | $12K | $237K | $0 | — | View 990 |
| 2011 | $12K | $12K | $235K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22K, expenses of $16K, and assets of $424K (revenue -13.3% year-over-year).
- 2022: Revenue of $25K, expenses of $12K, and assets of $418K (revenue +4.4% year-over-year).
- 2021: Revenue of $24K, expenses of $12K, and assets of $405K (revenue +33.8% year-over-year).
- 2020: Revenue of $18K, expenses of $23K, and assets of $393K (revenue -86.9% year-over-year).
- 2019: Revenue of $138K, expenses of $1K, and assets of $398K (revenue +436.1% year-over-year).
- 2018: Revenue of $26K, expenses of $17K, and assets of $261K (revenue +46.7% year-over-year).
- 2017: Revenue of $18K, expenses of $12K, and assets of $252K (revenue +19.4% year-over-year).
- 2016: Revenue of $15K, expenses of $11K, and assets of $247K (revenue -44.5% year-over-year).
- 2015: Revenue of $26K, expenses of $24K, and assets of $243K (revenue +81.8% year-over-year).
- 2014: Revenue of $15K, expenses of $12K, and assets of $241K (revenue +5.7% year-over-year).
- 2013: Revenue of $14K, expenses of $12K, and assets of $239K (revenue -2.1% year-over-year).
- 2012: Revenue of $14K, expenses of $12K, and assets of $237K (revenue +12.7% year-over-year).
- 2011: Revenue of $12K, expenses of $12K, and assets of $235K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wasatch Cache Valley Ballet Supportfoundation:
Data Sources and Methodology
This transparency report for Wasatch Cache Valley Ballet Supportfoundation 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.