Trails Utah

EIN: 454929230 501(c)(3) Environment

Salt Lake City, UT

Total Revenue
$998,238
Total Expenses
$1,275,642
Total Assets
$91,482
Net Assets
$91,482
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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
2012
Legal Domicile
UT
Principal Officer
Sarah Bennett
Phone
8015500676
Tax Period
2024-01-01 to 2024-12-31

Trails Utah, founded in 2012, is a small nonprofit in the Environment sector that reported $998K in total revenue in fiscal year 2024. Revenue surged 186% from the prior year, signaling strong growth momentum. Expenses of $1.3M exceeded revenue, resulting in a 28% operating deficit.

Mission

Silver Lake Loop Trail Renovation Project: This project, conducted in partnership with USFSUWC, Salt Lake Ranger District, was part of a larger renovation project in the planning for more than 12 years. The SLRD conducted the complete renovation of the boardwalk section of the Silver Lake Loop Trail but reached out to Trails Utah to help them complete the natural surface trail around the back of the lake.Renovating and rehabilitating the dirt portion of this trail involved small alignment adjustments, adjustments to trail grade and widening the trail and making it so it could be formally classified as an ADA-compliant trail. To make the trail more sustainable and resistant to erosion, we dug out the existing trail and created a rock and gravel base and then built-up soils and finally a road base material for the top layer. Rock-lined drainage swales and drains with sections of drainage pipe were installed along the uphill side of the trail to capture water and move it downhill to preve

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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 (2024)

Revenue Breakdown

Contributions & Grants $996,511
Program Service Revenue $0
Investment Income $1,727
Other Revenue $0
TOTAL REVENUE $998,238

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,634
Fundraising Expenses $24,169
Program Expenses $1,236,802
Other Expenses $1,268,008
TOTAL EXPENSES $1,275,642

Year-over-Year Comparison

2024 2023 Change
Revenue $998,238 $349,213 +1.9%
Expenses $1,275,642 $262,227 +3.9%
Net Income $-277,404 $86,986 -4.2%
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
7
Independent Members
7
Employees
N/A
Volunteers
N/A

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
2
$7,634
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sarah Bennett Executive Dir. 40.00
Officer
$7,634 $0 $7,634
Del Draper Director 5.00
Director
$0 $0 $0
John Knoblock Board Chair 30.00
Officer Director
$0 $0 $0
Wally Lee Director 5.00
Director
$0 $0 $0
Hilary Silberman Secretary 5.00
Director
$0 $0 $0
Jo Darton Director 0.00
Director
$0 $0 $0
Richard Steiner Director 0.00
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
2024 $998,238 $1,275,642 $91,482 $-277,404
2023 $349,213 $262,227 $368,886 $86,986
2022 $605,220 $469,668 $282,598 $135,552
2021 $235,914 $188,417 $146,348 $47,497
2020 $257,132 $203,442 $101,051 $53,690
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