O2 Utah Foundation is located in Salt Lake City, UT. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Environment and related organizations. As of 12/2022, O2 Utah Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. O2 Utah 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, O2 Utah Foundation generated $259.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $246.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE O2 UTAH FOUNDATION IS DEDICATED TO A GREENER UTAH. IN 2022 THE ORGANIZATION FOCUSED ON IMPROVING AIR QUALITY ALONG THE WASATCH FRONT AND ADVANCING EFFORTS TO REDUCE UTAH'S CONTRIBUTIONS TO CLIMATE CHANGE. THE FOUNDATION SUPPORTED EFFORTS OF CITIES TO REDUCE CARBON EMISSIONS BY PUSHING FOR 100% CARBON FREE ELECTRICITY. THE FOUNDATION DEVELOPED AND INTRODUCED A LANDMARK AIR QUALITY PROPOSAL--PROSPERITY 2030--THAT SEEKS TO REDUCE POLLUTION EMISSIONS ALONG THE WASATCH FRONT BY 50% BY 2030. FINALLY, THE O2 UTAH FOUNDATION RESEARCHED THE LATEST IN POLICY PRESCRIPTIONS ON THESE ISSUES AT THE FEDERAL, STATE, AND LOCAL LEVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE O2 UTAH FOUNDATION DEVELOPED A PROPOSAL TO REDUCE POLLUTION BY 50% BY 2030, CALLED "PROSPERITY 2030." THE ORGANIZATION INTRODUCED THIS PROPOSAL TO THE PUBLIC IN OCTOBER 2021. IN ADDITION, THE ORGANIZATION WORKED TO INFORM POLICYMAKERS ABOUT AIR POLLUTION AND HOW THE LEGISLATIVE PROCESS COULD IMPROVE THIS ISSUE OR MAKE IT WORSE. FINALLY, THE O2 UTAH FOUNDATION PERFORMED FOCUS GROUPS TO UNDERSTAND HOW CERTAIN UTAHNS FELT ABOUT PROPOSALS TO IMPROVE AIR QUALITY ALONG THE WASATCH FRONT.
THE O2 UTAH FOUNDATION WORKED TO TACKLE UTAH'S CONTRIBUTIONS TO CLIMATE CHANGE IN 2022. THESE EFFORTS CENTERED ON ADVANCING MUNICIPAL CLEAN ENERGY GOALS, PARTICULARLY THE UTAH COMMUNITY RENEWABLE ENERGY PROGRAM.
THE O2 UTAH FOUNDATION WORKED TO INFORM PEOPLE ON THE LATEST HAPPENINGS ON ENVIRONMENTAL POLICY IN UTAH AND FEDERALLY. THESE EFFORTS ALSO INCLUDED WORK BY STAFF TO KEEP ABREAST OF DEVELOPMENTS AND NEWS ON THE ENVIRONMENTAL FRONT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Garbett President | OfficerTrustee | 20 | $0 |
Jeffrey Eisenberg Board Member | Trustee | 1 | $0 |
Frances Johnson Board Member | Trustee | 1 | $0 |
Laura Peterson Board Member | Trustee | 1 | $0 |
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 | $259,041 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $259,041 |
Total Program Service Revenue | $0 |
Investment income | $45 |
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 | $259,086 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
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 | $147,551 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $46,868 |
Fees for services: Management | $0 |
Fees for services: Legal | $15 |
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 | $22,690 |
Advertising and promotion | $13,486 |
Office expenses | $8,354 |
Information technology | $527 |
Royalties | $0 |
Occupancy | $5,562 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $372 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $10 |
Total functional expenses | $246,827 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $101,369 |
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 | $0 |
Total assets | $101,369 |
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 | $101,369 |
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 | $0 |
Total liabilities and net assets/fund balances | $101,369 |