WORLD TRADE CENTER UTAH FOUNDATION

EIN: 270623936 501(c)(3) Community Improvement

SALT LAKE CITY, UT

Total Revenue
$319,722
Total Expenses
$49,578
Total Assets
$1,601,560
Net Assets
$905,846
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
UT
Principal Officer
JONATHAN FREEDMAN
Phone
8015328080
Tax Period
2023-01-01 to 2023-12-31

WORLD TRADE CENTER UTAH FOUNDATION, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $320K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $270K, a strong 84% operating margin.

Mission

WORLD TRADE CENTERUTAH FOUNDATIONACCELERATES GROWTH FOR UTAH COMPANIES THROUGH OUR GLOBAL NETWORKS, PROGRAMS, AND SERVICES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $307,000
Program Service Revenue $0
Investment Income $12,722
Other Revenue $0
TOTAL REVENUE $319,722

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,028
Fundraising Expenses $0
Program Expenses $49,578
Other Expenses $2,550
TOTAL EXPENSES $49,578

Year-over-Year Comparison

2023 2022 Change
Revenue $319,722 $737,500 -0.6%
Expenses $49,578 $622,733 -0.9%
Net Income $270,144 $114,767 +1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
10
Employees
N/A
Volunteers
11

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$475,127
Total Directors
11
$191,225
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MILES HANSEN FORMER CEO/B 1.00
Officer Director
$0 $24,757 $191,225
JENNIFER NAKAO CFO 1.00
Officer
$0 $23,759 $176,194
JONATHAN FREEDMAN CEO 1.00
Officer
$0 $13,093 $107,708
SCOTT ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMY ANDRUS BOARD MEMBER 1.00
Director
$0 $0 $0
LEW CRAMER VICE CHAIR 1.00
Officer Director
$0 $0 $0
NATALIE GOCHNOUR CO-CHAIR 1.00
Officer Director
$0 $0 $0
JON HUNTSMAN JR CHAIR 1.00
Officer Director
$0 $0 $0
MISSY LARSEN BOARD MEMBER 1.00
Director
$0 $0 $0
DEREK MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
DERRICK PORTER BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN STARKS BOARD MEMBER 1.00
Director
$0 $0 $0
DANIELLE WRIGHT TREASURER 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $319,722 $49,578 $1,601,560 $270,144
2022 $737,500 $622,733 $1,119,782 $114,767
2021 $430,000 $86,296 $493,704 $343,704
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