Utah Tech Workforce Foundation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lehi, UT
- Founding
- 01/2009
- Data as of
- 12/2019
- EIN
- 26-3332958
Organization Overview
Utah Tech Workforce Foundation is located in Lehi, UT. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. Utah Tech Workforce Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Utah Tech Workforce Foundation generated $55.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (32.7%) each year. All expenses for the organization totaled $69.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (30.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
PROMOTING THE TECHNOLOGY INDUSTRY TO UTAH STUDENTS, PARENTS, TEACHERS AND ADMINISTRATORS, GRADES K-12. VISITING SCHOOLS AND ENCOURAGING YOUTH THROUGHOUT THE STATE TO PURSUE CAREERS IN STEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Converse Dir. Of Oper | 0.5 | $99,818 | |
Clint Betts Executive Di | 0.5 | $0 | |
Ben Luks-Morgan Dir. Of Prog | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,757 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,757 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $730 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $69,361 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Utah Tech Workforce Foundation has awarded $17,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST UTAH ROBOTICS PURPOSE: REGIONAL COMPETITION | $5,000 |
Kaysville, UT PURPOSE: ROOTS TECH | $5,000 |
Orem, UT PURPOSE: SCHOLARSHIP BALL | $1,750 |
WOMEN TECH COUNCIL PURPOSE: WOMEN'S TECH AWARDS | $1,250 |
Salt Lake City, UT PURPOSE: CLASSROOM MATERIALS | $1,000 |
Golden, CO PURPOSE: RMCWIC SPONSORSHIP | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Utah Tech Workforce Foundation has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Silicon Slopes Commons Lehi, UT PURPOSE: FUND NONPROFIT | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Schlessman Foundation Inc Denver, CO | $82,645,895 | $9,127,697 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Ben And Catherine Ivy Foundation Scottsdale, AZ | $302,350,252 | $12,975,372 |
Homer A Scott And Mildred S Scott Foundation Sheridan, WY | $28,032,742 | $11,071,204 |
E L Wiegand Foundation Reno, NV | $162,053,300 | $6,450,079 |
Simone Charitable Foundation Inc Scottsdale, AZ | $116,213,813 | $7,192,727 |
J R Simplot Foundation Inc Boise, ID | $241,362,659 | $7,582,149 |
Merlin Foundation Boulder, CO | $11,755,104 | $10,100,928 |
David And Lura Lovell Foundation Tucson, AZ | $13,494,966 | $6,517 |
The Hickey Family Foundation Mesa, AZ | $154,617,141 | $6,519,819 |