UTAH ADVANCED MATERIALS MANUFACTURING INITIATIVE (EIN 813657193) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

JEN MCALLISTER

Phone

8014041658

Tax Period

2024-01-01 to 2024-12-31

UTAH ADVANCED MATERIALS MANUFACTURING INITIATIVE, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $1.5M in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 29% operating deficit.

Mission

THE UTAH ADVANCED MATERIALS AND MANUFACTURING INITIATIVE (UAMMI) BRINGS TOGETHER PUBLIC, PRIVATE, COMMUNITY, INDUSTRY AND EDUCATION PARTNERS TO ASSURE GROWTH AND SUSTAINABILITY OF UTAH'S ADVANCED MATERIAL AND MANUFACTURING INDUSTRY.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,424,264

Program Service Revenue $32,500

Investment Income $8,781

Other Revenue $0

TOTAL REVENUE $1,465,545

Expense Breakdown

Grants Paid $0

Salaries & Benefits $777,170

Fundraising Expenses $0

Other Expenses $1,109,716

TOTAL EXPENSES $1,886,886

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,465,545	$2,616,555	-0.4%
Expenses	$1,886,886	$2,038,665	-0.1%
Net Income	$-421,341	$577,890	-1.7%

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

Governance

Voting Members

Independent Members

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

$194,167

Total Directors

$559,167

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARSHALL HAGEN	CHAIRMAN	1.00	Director	$0	$0	$0
JEROME BERG	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE BLACK	BOARD MEMBER	1.00	Director	$0	$0	$0
KORI ANN EDWARDS	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID FERRO	BOARD MEMBER	1.00	Director	$0	$0	$0
MARSHALL WRIGHT	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREW BUFFMIRE	BOARD MEMBER	1.00	Director	$0	$0	$0
AARON STARKS	CHAIR	1.00	Director	$0	$0	$365,000
TULINDA LARSEN	BOARD MEMBER & PRESIDENT	1.00	Officer Director	$0	$0	$90,000
TROY KELLER	BOARD MEMBER	1.00	Director	$0	$0	$0
GUY LETENDRE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$75,000
DONNA YOST	TREASURER	1.00	Officer Director	$0	$0	$0
CATHERINE BLOMQUIST	SECRETARY	1.00	Officer Director	$0	$0	$29,167

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	$1,465,545	$1,886,886	$1,003,732	$-421,341
2023	$2,616,555	$2,038,665	$940,227	$577,890
2022	$1,949,149	$2,202,551	$406,174	$-253,402
2021	$1,913,139	$2,012,422	$552,598	$-99,283
2020	$1,363,849	$1,378,791	$673,757	$-14,942
2019	$1,102,537	$1,504,662	$665,328	$-402,125
2018	$260,274	$831,593	$1,026,323	$-571,319

UTAH ADVANCED MATERIALS MANUFACTURING INITIATIVE