THE UTAH JOURNALISM FOUNDATION

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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

2019

Legal Domicile

Principal Officer

PAUL C HUNTSMAN

Phone

8012578787

Tax Period

2024-01-01 to 2024-12-31

THE UTAH JOURNALISM FOUNDATION, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $432K in total revenue in fiscal year 2024. Revenue surged 106% from the prior year, signaling strong growth momentum. The organization ran a surplus of $209K, a strong 48% operating margin.

Mission

To ensure that the people of Utah continue to be informed, engaged, and empowered by local, indepedent watchdog journalism.

Program Service Accomplishments

Program 1

Expenses: $179,950

The Utah Journalism Foundation indentifies and provides grants to nonprofit organizations and projects which strengthen the capacity of indepedent local news organizations to reach broad, diverse...

The Utah Journalism Foundation indentifies and provides grants to nonprofit organizations and projects which strengthen the capacity of indepedent local news organizations to reach broad, diverse audiences.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $432,141

Other Revenue $0

TOTAL REVENUE $432,141

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $179,950

Other Expenses $223,312

TOTAL EXPENSES $223,312

Year-over-Year Comparison

	2024	2023	Change
Revenue	$432,141	$209,568	+1.1%
Expenses	$223,312	$179,344	+0.2%
Net Income	$208,829	$30,224	+5.9%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL C HUNTSMAN	President	4.00	Officer Director	$0	$0	$0
CHERYL HUNTSMAN	Trustee	2.00	Director	$0	$0	$0
LINDA DAINES	Trustee	2.00	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	$432,141	$223,312	$4,399,553	$208,829
2023	$209,568	$179,344	$4,190,724	$30,224
2022	$234,985	$222,482	$4,160,500	$12,503
2021	$475,439	$46,940	$5,220,699	$428,499
2020	$3,458,166	$1,982,862	$4,533,829	$1,475,304
2019	$2,135,662	$7,222	$2,173,147	$2,128,440