Murray Education Foundation

EIN: 742479284 501(c)(3) Education

Salt Lake City, UT

Total Revenue
$329,654
Total Expenses
$299,116
Total Assets
$1,538,427
Net Assets
$1,538,427
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
UT
Principal Officer
Richard Reese
Phone
8012647400
Tax Period
2024-07-01 to 2025-06-30

Murray Education Foundation, founded in 1981, is a small nonprofit in the Education sector that reported $330K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $299K left a modest 9% surplus.

Mission

To assist and improve schools, teachers and students within Murray City School District.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $171,884
Program Service Revenue $0
Investment Income $115,750
Other Revenue $42,020
TOTAL REVENUE $329,654

Expense Breakdown

Grants Paid $299,116
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $299,116
Other Expenses $0
TOTAL EXPENSES $299,116

Year-over-Year Comparison

2024 2023 Change
Revenue $329,654 $394,832 -0.2%
Expenses $299,116 $394,832 -0.2%
Net Income $30,538 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
13
Independent Members
12
Employees
N/A
Volunteers
20

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
$113,639
Total Directors
14
$113,639
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Covington Superintendent 1.00
Director
$0 $0 $0
Doug Perry Director 40.00
Officer Director
$0 $113,639 $113,639
Stacey Orton Board Member 1.00
Director
$0 $0 $0
Amber Robison Board Member 1.00
Director
$0 $0 $0
Spencer Olsen Board Member 1.00
Director
$0 $0 $0
Susan Edmonds Board Member 1.00
Director
$0 $0 $0
Richard Habel Board Member 1.00
Director
$0 $0 $0
Jeannette Bowen Chair 1.00
Director
$0 $0 $0
Blake Voorhees Board Member 1.00
Director
$0 $0 $0
Katrina Harris Board Member 1.00
Director
$0 $0 $0
Belinda Johnson Board Member 1.00
Director
$0 $0 $0
Natalie Day Board Member 1.00
Director
$0 $0 $0
Maren Patterson Board Member 1.00
Director
$0 $0 $0
Jaren Cooper Board Member 1.00
Director
$0 $0 $0
Richard Reese Treasurer 1.00
Officer
$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
2025 $329,654 $299,116 $1,538,427 $30,538
2024 $394,832 $394,832 $1,422,677 No data
2023 $484,492 $484,492 $1,274,852 No data
2022 $267,566 $379,999 $1,266,013 $-112,433
2021 $207,108 $158,014 $1,377,202 $49,094
2020 $104,544 $130,645 $1,175,963 $-26,101
2019 $191,947 $67,802 $1,236,620 $124,145
2018 $119,215 $68,436 $1,112,475 $50,779
Explore More Nonprofits
Top 100 Nonprofits in Utah Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Murray Education Foundation with other nonprofits in Utah and across the country.