DESERET UAS

EIN: 831843643

TOOELE, UT

Total Revenue
$1,197,955
Total Expenses
$1,090,199
Total Assets
$195,849
Net Assets
$107,756
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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
2018
Legal Domicile
UT
Phone
4352490520
Tax Period
2018-07-01 to 2019-06-30

DESERET UAS, founded in 2018, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2018. Expenses of $1.1M left a modest 9% surplus.

Mission

TO FACILITATE ECONOMIC DEVELOPMENT THROUGH THE ADVANCEMENT OF UNMANNED AERIAL SYSTEMS IN UTAH AND TO ELEVATE UTAH'S PRESENCE IN UAS INDUSTRY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $1,200,000
Program Service Revenue $0
Investment Income $0
Other Revenue $-2,045
TOTAL REVENUE $1,197,955

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $981,844
Other Expenses $1,090,199
TOTAL EXPENSES $1,090,199

Year-over-Year Comparison

2018 2017 Change
Revenue $1,197,955 N/A N/A
Expenses $1,090,199 N/A N/A
Net Income $107,756 N/A N/A
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
4
Independent Members
4
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
$173,100
Total Directors
5
$173,100
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF HADFIELD BOARD MEMBER 0.00
Director
$0 $0 $0
JERRY HOUGHTON Treasurer 0.00
Director
$0 $0 $0
SHAWN MILNE Chairman 0.00
Director
$0 $0 $0
MITCH ZUNDEL Secretary 0.00
Officer Director
$0 $0 $0
TULINDA LARSEN President 0.00
Officer Director
$173,100 $0 $173,100
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
2019 $1,197,955 $1,090,199 $195,849 $107,756
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