World Trade Center Utah Foundation
EIN: 270623936 · Salt Lake Cty, UT · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $341K |
| Total Expenses | $50K |
| Net Assets | $906K |
Is World Trade Center Utah Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About World Trade Center Utah Foundation
World Trade Center Utah Foundation (EIN: 270623936) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code S30. The organization reported total revenue of $341K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Trade Center Utah Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Trade Center Utah Foundation is a small nonprofit that has been operating for 1 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 28.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $320K |
| Total Expenses | $50K |
| Surplus / Deficit | +$270K |
| Total Assets | $1.6M |
| Total Liabilities | $696K |
| Net Assets | $906K |
| Operating Margin | 84.5% |
| Debt-to-Asset Ratio | 43.4% |
| Months of Reserves | 387.6 months |
Financial Health Grade: A
In 2023, World Trade Center Utah Foundation reported a surplus of $270K with revenue exceeding expenses, holds 387.6 months of operating reserves (strong position), has a debt-to-asset ratio of 43.4% (moderate leverage).
Financial Trends
Over 4 years of filings (2020–2023), World Trade Center Utah Foundation's revenue has grown at a compound annual growth rate (CAGR) of 28.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.6% | -92.0% | +43.0% |
| 2022 | +71.5% | +621.6% | +126.8% |
| 2021 | +186.7% | — | +229.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2025 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for World Trade Center Utah 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 World Trade Center Utah 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 $270K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.4%.
Frequently Asked Questions about World Trade Center Utah Foundation
Is World Trade Center Utah Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, World Trade Center Utah Foundation (EIN: 270623936) insufficient data. 0 red flags identified, 0 strengths noted.
How does World Trade Center Utah Foundation spend its money?
Detailed spending breakdown data is not yet available for World Trade Center Utah Foundation. Check back for updated IRS 990 analysis.
Are donations to World Trade Center Utah Foundation tax-deductible?
World Trade Center Utah Foundation is registered as a tax-exempt nonprofit (EIN: 270623936). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is World Trade Center Utah Foundation located?
World Trade Center Utah Foundation is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 270623936. It is classified under NTEE code S30.
How many years of IRS 990 filings does World Trade Center Utah Foundation have?
World Trade Center Utah Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $341K in total revenue.
Filing History
IRS 990 filing history for World Trade Center Utah Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), World Trade Center Utah Foundation's revenue has grown by 113.1%, moving from $150K to $320K. Total assets increased by 967.7% over the same period, from $150K to $1.6M. In its most recent filing year (2023), World Trade Center Utah Foundation reported a surplus of $270K, with revenue exceeding expenses. The organization holds $696K in liabilities against $1.6M in assets (debt-to-asset ratio: 43.4%), resulting in net assets of $906K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $320K | $50K | $1.6M | $696K | — | — |
| 2022 | $738K | $623K | $1.1M | $511K | — | View 990 |
| 2021 | $430K | $86K | $494K | $0 | — | View 990 |
| 2020 | $150K | $0 | $150K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $320K, expenses of $50K, and assets of $1.6M (revenue -56.6% year-over-year).
- 2022: Revenue of $738K, expenses of $623K, and assets of $1.1M (revenue +71.5% year-over-year).
- 2021: Revenue of $430K, expenses of $86K, and assets of $494K (revenue +186.7% year-over-year).
- 2020: Revenue of $150K, expenses of $0, and assets of $150K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Trade Center Utah Foundation:
Data Sources and Methodology
This transparency report for World Trade Center Utah 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.