Wasatch Community Foundation
- Assets
- $349.0k
- Revenue
- $216.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Heber City, UT
- Founding
- 12/2001
- Data as of
- 12/2022
- EIN
- 87-0650772
Organization Overview
Wasatch Community Foundation is located in Heber City, UT. The organization was established in 2001. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wasatch Community 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, Wasatch Community Foundation generated $216.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $133.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Wasatch Community Foundation has awarded 11 individual grants totaling $240,258. 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
WE ADVANCE THE WELL-BEING OF WASATCH COUNTY RESIDENTS BY UNITING COMMUNITY RESOURCES AND PROGRAMS THROUGH THE FOLLOWING PILLARS: HEALTH EDUCATION RECREATION ARTS AND HUMAN SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORED MARATHON RACE IN CONJUNCTION WITH HEBER CITY EVENT.
WORKED WITH SUPPORTING GROUPS IN PROVIDING THANKSGIVING MEALS TO THOSE IN NEED. SUPPORTED LOCAL FOOD PANTRIES.
PROVIDED MENTAL HEALTH CLINIC AND CHILDREN'S HEALTH FAIR FOR THOSE WHO HAVE NO DOCTOR OR MEANS TO GO TO A DOCTOR OR THERAPIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Ricks Secretary And Recreation Chair | OfficerTrustee | 3 | $0 |
Thomas Fowler Board Chair | OfficerTrustee | 5 | $0 |
Joshua Jewkes Vice Chair | OfficerTrustee | 2 | $0 |
Marvin Rust Treasurer And Board Member | OfficerTrustee | 8 | $0 |
Craig Drew Board Member | Trustee | 3 | $0 |
Marilyn Fowler Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,641 |
| All other contributions, gifts, grants, and similar amounts not included above | $207,051 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $216,692 |
| Total Program Service Revenue | $0 |
| Investment income | $69 |
| 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 | $216,761 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $92,317 |
| Grants and other assistance to domestic individuals. | $3,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $11,000 |
| 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 | $17,737 |
| Office expenses | $3,570 |
| Information technology | $2,082 |
| 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 | $1,201 |
| All other expenses | $2,714 |
| Total functional expenses | $133,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312,797 |
| Savings and temporary cash investments | $36,221 |
| 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 | $349,018 |
| Accounts payable and accrued expenses | $2,000 |
| Grants payable | $5,000 |
| 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 | $7,000 |
| Net assets without donor restrictions | $322,018 |
| Net assets with donor restrictions | $20,000 |
| 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 | $349,018 |
Grants Awarded
Over the last fiscal year, Wasatch Community Foundation has awarded $36,317 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
VALKYRIE EVENTS LLC PURPOSE: Sponsor Marathon Race | $15,000 |
ROONIES ICE CREAM PURPOSE: Supporting Roonies "Bean and Rice Bag" program that provides food assistance for those in need in the community. | $7,500 |
Salt Lake City, UT PURPOSE: Provide mental health counselor for those in the community who cannot afford the same. | $7,200 |
Park City, UT PURPOSE: Help with their "Back to School Basics" program | $6,617 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Wasatch Community Foundation has recieved totaling $66,134.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $26,904 |
Ihc Health Services Inc Salt Lake City, UT PURPOSE: PROMOTE COMMUNITY HEALTH | $20,000 |
| $11,000 | |
Ssir Cares Inc Park City, UT PURPOSE: SCHOLARSHIP PROGRAM | $8,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $230 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Community Foundation Phoenix, AZ | $1,066,072,012 | $211,703,650 |
Christian Community Foundation Inc Colorado Springs, CO | $497,894,733 | $194,166,172 |
Community First Foundation Arvada, CO | $565,776,459 | $151,756,882 |
Community Foundation Of Jackson Hole Jackson, WY | $113,990,661 | $47,502,372 |
Rose Community Foundation Denver, CO | $325,610,267 | $15,145,306 |
Nevada Community Foundation Inc Las Vegas, NV | $244,409,532 | $23,282,106 |
Santa Fe Community Foundation Santa Fe, NM | $107,508,749 | $26,179,829 |
The Community Foundation Of Utah Salt Lake City, UT | $90,613,858 | $42,536,089 |
Aspen Community Foundation Basalt, CO | $62,511,754 | $28,301,426 |
Impact Charitable Denver, CO | $10,724,494 | $21,202,015 |
Jewishcolorado Denver, CO | $81,767,824 | $13,645,129 |
Community Foundation For Southern Arizona Tucson, AZ | $172,311,447 | $35,644,345 |