Wasatch Peaks Foundation
- Assets
- $36.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ogden, UT
- Founding
- Data as of
- 12/2022
- EIN
- 88-1110789
Organization Overview
Wasatch Peaks Foundation is located in Ogden, UT. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wasatch Peaks Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
* WARM THE SOLES IS AN ANNUAL CAMPAIGN WHERE WE RAISED OVER $51,000 IN MEMBER DONATIONS TO PURCHASE 1,279 PAIR OF NIKE(R) SHOES FOR ECONOMICALLY DISADVANTAGED ELEMENTARY STUDENTS IN 13 LOCAL TITLE I SCHOOLS. * WASATCH PEAKS HAS LICENSED THE STUKENT PERSONAL FINANCE SIMULATION SOFTWARE FOR 27 HIGH SCHOOLS, CHARTER SCHOOLS, AND TECHNICAL/VOCATIONAL SCHOOLS IN 2022 TOTALING $54,000 ANNUALLY WITH THE OPPORTUNITY TO REACH OVER 10,000 STUDENTS. AS MANY AS 20 NEW SCHOOLS WILL LIKELY BE ADDED IN 2023 REQUIRING AN ADDITIONAL $40,000 IN FUNDING. THE FOUNDATION WILL REACH EVERY GRADUATING SENIOR IN EIGHT NORTHERN UTAH COUNTIES. THIS NATIONAL/STATE EDUCATION CORE STANDARD FINANCIAL EDUCATION PLATFORM PREPARES STUDENTS IN A SEMESTER TO BUDGET FOR 18 MONTHS OF "REAL" WORLD FINANCE BASED ON DECISION-BASED LEARNING. * THE FOUNDATION WILL BE FUNDING $25,000 IN COLLEGE SCHOLARSHIPS WITH 10, $1,500 SCHOLARSHIPS BEING AWARDED TO A STUDENT AT TEN LOCAL HIGH SCHOOLS. ONE $10,000 SCHOLARSHIP WILL BE AWARDED FROM THE SAME POOL OF HIGH SCHOOLS. SCHOLARSHIP QUALIFICATIONS ARE BASED ON A 3.0 GPA, CREDIT UNION MEMBERSHIP, AND AN ESSAY ON THEIR COMMUNITY INVOLVEMENT AND VOLUNTEERISM. * THE WASATCH PEAKS FOUNDATION ALSO MAKES DONATIONS TO OTHER LOCAL NON-PROFITS IN OUR COMMUNITIES INCLUDING THE OGDEN SCHOOL FOUNDATION, THE WEBER SCHOOL FOUNDATION, UNITED WAY OF NORTHERN UTAH, BOYS AND GIRLS CLUB, AND MANY MORE. THESE FUNDS ARE DONATED TO LOCAL NON-PROFITS WHOSE INITIATIVES ALIGN WITH OUR PURPOSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tod Schroeder Executive Director | 5 | $0 | |
Ashley Loftus Treasurer | 2 | $0 | |
Jenny Welch Secretary | 2 | $0 | |
Spence Mcarthur Board Member | 1 | $0 | |
Jeff Shaw Board Member | 1 | $0 | |
Nanette Combe Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,588 |
| 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 | $163,588 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $127,323 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,265 |
| Other assets | $0 |
| Total assets | $36,265 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,265 |