THANKSGIVING POINT INSTITUTE INC

EIN: 841416158 501(c)(3) Environment

LEHI, UT

Total Revenue
$99,872,507
Total Expenses
$37,802,487
Total Assets
$168,075,778
Net Assets
$155,804,308
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
UT
Principal Officer
MCKAY F CHRISTENSEN
Phone
8017684948
Tax Period
2024-03-01 to 2025-02-28

THANKSGIVING POINT INSTITUTE INC, founded in 1997, is a mid-sized nonprofit in the Environment sector that reported $99.9M in total revenue in fiscal year 2024. Revenue surged 116% from the prior year, signaling strong growth momentum. The organization ran a surplus of $62.1M, a strong 62% operating margin.

Mission

OUR MISSION IS TO IGNITE CURIOSITY AND BUILD CONFIDENCE IN CHILDREN FROM ALL BACKGROUNDS THROUGH HANDS-ON STEM PROGRAMS AND EXPERIENCES. AS A JOYFUL GATHERING PLACE FOR FAMILIESACROSS THE RENOWNED ASHTON GARDENS, MUSEUMS, EVENTS, AND FESTIVALSWE CULTIVATE WONDER, STRENGTHEN CONNECTIONS, AND INSPIRE A LIFELONG LOVE OF LEARNING.

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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 $69,600,894
Program Service Revenue $19,112,138
Investment Income $2,886,690
Other Revenue $8,272,785
TOTAL REVENUE $99,872,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,290,147
Fundraising Expenses $1,195,214
Program Expenses $32,615,525
Other Expenses $20,512,340
TOTAL EXPENSES $37,802,487

Year-over-Year Comparison

2024 2023 Change
Revenue $99,872,507 $46,242,434 +1.2%
Expenses $37,802,487 $34,595,229 +0.1%
Net Income $62,070,020 $11,647,205 +4.3%
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
10
Independent Members
8
Employees
1155
Volunteers
919

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
6
$1,205,641
Total Directors
9
$97,577
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MCKAY F CHRISTENSEN CEO & TRUSTE 40.00
Officer
$313,582 $975 $314,557
BRENT LANGE CDO 40.00
Officer
$253,086 $23,226 $276,312
DAVE COLTRIN VP OF DEVELO 40.00
Highest
$203,533 $20,915 $224,448
KENDALL WIMMER COO 40.00
Officer
$178,045 $21,753 $199,798
ALLEN ASH CFO 40.00
Officer
$161,130 $5,718 $166,848
TUCKER LOUGE DIR OF CAMPU 40.00
Highest
$120,278 $20,333 $140,611
BRYAN REED DIR OF FACIL 40.00
Highest
$116,212 $20,495 $136,707
ERICA VANAMEN CMO - TERMED 25.00
Officer
$131,551 $2,780 $134,331
MELINDA PIKE CMO - HIRED 20.00
Officer
$113,750 $45 $113,795
JEANETTE BENNETT DIR/TRUSTEE 20.00
Director
$90,855 $6,722 $97,577
DIANE ACEVEDO TRUSTEE 1.00
Director
$0 $0 $0
SCOTT ANDERSON TRUSTEE 1.00
Director
$0 $0 $0
ALAN C ASHTON TRUSTEE 1.00
Director
$0 $0 $0
KAREN ASHTON TRUSTEE 1.00
Director
$0 $0 $0
SPENCER ASHTON TRUSTEE 1.00
Director
$0 $0 $0
ABBY COX TRUSTEE 1.00
Director
$0 $0 $0
RUTH TODD TRUSTEE 1.00
Director
$0 $0 $0
MARK WOLFERT TRUSTEE 1.00
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
2025 $99,872,507 $37,802,487 $168,075,778 $62,070,020
2024 $46,242,434 $34,595,229 $104,324,971 $11,647,205
2023 $39,962,209 $31,176,972 $92,421,837 $8,785,237
2022 $45,287,862 $25,928,376 $83,874,144 $19,359,486
2021 $20,847,406 $21,444,419 $67,593,808 $-597,013
2020 $24,175,538 $25,783,796 $67,747,589 $-1,608,258
2019 $33,442,015 $24,400,122 $69,351,328 $9,041,893
2018 $22,445,665 $21,765,646 $56,919,342 $680,019
2017 $23,822,180 $20,967,001 $55,212,722 $2,855,179
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