Utah 1033 Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 133,558 | 39,329 | 94,229 | 34.5 | — |
| 2014 | 90,968 | 68,542 | 22,426 | 23.7 | — |
| 2015 | 131,743 | 115,385 | 16,358 | 15.7 | — |
| 2016 | 186,114 | 204,811 | −18,697 | 7.9 | — |
| 2017 | 210,896 | 152,023 | 58,873 | 15.1 | 24% |
| 2018 | 195,494 | 174,569 | 20,925 | 14.9 | 38% |
| 2019 | 179,341 | 143,685 | 35,656 | 21.1 | 46% |
| 2020 | 182,572 | 114,287 | 68,285 | 33.7 | 58% |
| 2021 | 247,040 | 90,499 | 156,541 | 63.3 | 73% |
| 2022 | 175,046 | 102,584 | 72,462 | 64.3 | 76% |
| 2023 | 124,176 | 107,635 | 16,541 | 63.1 | 77% |
In its most recent public year (2023), this organization brought in $16,541 more than it spent. Its reserves stood at about 63.1 months of spending, up from 34.5 in 2013. Staff pay was 77% of spending. $124,580 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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