DRAPER COMMUNITY FOUNDATION INC

EIN: 841419051 501(c)(3) Philanthropy & Grantmaking

Draper, UT

Total Revenue
$461,951
Total Expenses
$612,614
Total Assets
$186,971
Net Assets
$186,971
🔒

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
1997
Legal Domicile
UT
Principal Officer
Grant Mortensen
Phone
8018369982
Tax Period
2022-01-01 to 2022-12-31

DRAPER COMMUNITY FOUNDATION INC, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $462K in total revenue in fiscal year 2022. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $613K exceeded revenue, resulting in a 33% operating deficit.

Mission

The mission of the Foundation is to organize and conduct community events that further community values and traditions. It utilizes community volunteers, both adults and youth to develop cultural aspects of the community and expands and improve historic traditions that develop pride in the historic values of the community.

Program Service Accomplishments

Program 1
Expenses: $99,897 Revenue: $146,478

The Corner Canyon Trails committee has been a major asset in the development and improvement of the Draper City Trail system. The committee have worked with neighboring cities such as: Alpine...

Read more

The Corner Canyon Trails committee has been a major asset in the development and improvement of the Draper City Trail system. The committee have worked with neighboring cities such as: Alpine, Highland and Lehi to coordinate connecting trails to reduce high areas of usage. The Draper Trail system is well known and is advertised in bike riding publications increasing trail usage throughout the Corner Canyon area. This year trails were designed and built for all levels of bike rider, horse riders and hikers. Local schools organize youth bike clubs to encourage awareness and to develop youth physical activities. The year 2022 continued to see a great use of the Draper City Trail system.

Program 2
Expenses: $381,876 Revenue: $207,795

Draper Days is a week long celebration of the community of Draper with a variety of Park events, Rodeo, Parade, Concerts and Fireworks. The week begins with a Heritage Banquet featuring speakers...

Read more

Draper Days is a week long celebration of the community of Draper with a variety of Park events, Rodeo, Parade, Concerts and Fireworks. The week begins with a Heritage Banquet featuring speakers discussing historic aspects of the Draper community since its inception. During the week there is a 2 day Rodeo event along with a Horse Pull on an additional night and a Miss Rodeo contest. Friday night includes food court, vendor booths and a professional concert, along with fireworks. Saturday kicks off with a 5K run and parade. Park events on Saturday include, food and vendors booths, various activities for children both old and young. Saturday is finished with another professional concert and fireworks. Estimated attendance is between 35,000 to 50,000 attendees from all over the Salt Lake Valley.

Program 3
Expenses: $93,113 Revenue: $90,671

Each year The Draper Arts Council continues to take on more challenging performances with 2022 being no exception. This year included 3 major performances (In Sync Out of Step, Hairspray, Into the...

Read more

Each year The Draper Arts Council continues to take on more challenging performances with 2022 being no exception. This year included 3 major performances (In Sync Out of Step, Hairspray, Into the Woods and MisCast) along with Summer Workshops for children and youth. The main venue for the major performances is the Draper Amphitheater which helps keeps costs down and provide outdoor summer events. The Council has taken steps to partner with other local entities in Draper or nearby cities to help reduce costs. Performances include performers from Draper and neighboring communities which provides a variety of broad based talent which upgrades productions and makes for more challenging performances

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $161,706
Program Service Revenue $300,041
Investment Income $204
Other Revenue $0
TOTAL REVENUE $461,951

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $604,759
Other Expenses $612,614
TOTAL EXPENSES $612,614

Year-over-Year Comparison

2022 2021 Change
Revenue $461,951 $683,376 -0.3%
Expenses $612,614 $568,889 +0.1%
Net Income $-150,663 $114,487 -2.3%
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
11
Independent Members
11
Employees
N/A
Volunteers
350

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Byron L Smith Trustee 2
Director
$0 $0 $0
Doug Dredge Trustee 12
Director
$0 $0 $0
Ben Michel Trustee 1
Director
$0 $0 $0
Mandi Brady Trustee 6
Director
$0 $0 $0
Lynne Orgill Trustee 4
Director
$0 $0 $0
Tamara Stokes Trustee 8
Director
$0 $0 $0
LaVar Christensen Trustee 8
Director
$0 $0 $0
Angie Schroader Secretary 5
Officer Director
$0 $0 $0
Robin McCulloch President 8
Officer Director
$0 $0 $0
Michael Weaver Vice President 8
Officer Director
$0 $0 $0
Grant Mortensen Treasurer 8
Officer 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
2022 $461,951 $612,614 $186,971 $-150,663
2021 $683,376 $568,889 $337,635 $114,487
2020 $190,069 $201,710 $223,148 $-11,641
Explore More Nonprofits
Top 100 Nonprofits in Utah Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare DRAPER COMMUNITY FOUNDATION INC with other nonprofits in Utah and across the country.