Usana True Health Foundation
- Assets
- $1.2m
- Revenue
- $857.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 08/2011
- Data as of
- 12/2022
- EIN
- 27-3859228
Organization Overview
Usana True Health Foundation, operating under the name Usana Foundation, is located in Salt Lake City, UT. The organization was established in 2011. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Usana 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 12/2022, Usana Foundation generated $857.3k 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 (15.3%) each year. All expenses for the organization totaled $536.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Usana Foundation has awarded 25 individual grants totaling $471,620. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
USANA TRUE HEALTH FOUNDATION PROVIDES IMMEDIATE AND LONG-TERM GLOBAL FOOD RELIEF FOR THOSE IN SEVERE NEED. WE LEAD A NETWORK OF COMMUNITY-DRIVEN PARTNERSHIPS TO NOURISH, EQUIP, AND ELIMINATE HUNGER AND MALNUTRITION THROUGHOUT THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
USANA TRUE HEALTH FOUNDATION ("UTHF") PROVIDES IMMEDIATE AND LONG-TERM GLOBAL FOOD RELIEF FOR THOSE IN SEVERE NEED. DURING 2022, UTHF GAVE ASSISTANCE TO 17 ORGANIZATIONS THAT PROVIDED IMMEDIATE FOOD ASSISTANCE, VITAMINS, AND/OR GARDEN TOWERS FOR FAMILIES AND INDIVIDUALS IN NEED. UTHF ALSO COMPLETED SERVICE TRIPS TO MEXICO AND AFRICA TO BUILD GARDEN TOWERS DESIGNED TO PROVIDE A SIMPLIFIED, LONG-TERM SOLUTION TO GROWING NUTRITIOUS FOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Paul President | OfficerTrustee | 39 | $0 |
David Gregersen Director | Trustee | 0.5 | $0 |
Paul Jones Secretary & Treasurer | OfficerTrustee | 1 | $0 |
Peggie Pelosi Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $832,697 |
| Noncash contributions included in lines 1a–1f | $220,123 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $832,697 |
| Total Program Service Revenue | $24,575 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $857,282 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,205 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $498,578 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | -$1,342 |
| Total functional expenses | $536,545 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $802,960 |
| Savings and temporary cash investments | $1,056 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $424,205 |
| Total assets | $1,228,221 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,228,221 |
| Total liabilities and net assets/fund balances | $1,228,221 |
Grants Awarded
Over the last fiscal year, Usana True Health Foundation has awarded $10,702 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE FULCRUM CENTER PURPOSE: To provide a Christmas meal and other food for the homeless | $5,102 |
OUR LADY'S YOUTH CENTER PURPOSE: To provide food for children | $5,600 |