O2 UTAH FOUNDATION (EIN 854307598) - Form 990 Financial Analysis & Trantor Score

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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

2021

Legal Domicile

Principal Officer

DAVID GARBETT

Phone

8013175010

Tax Period

2023-01-01 to 2023-12-31

O2 UTAH FOUNDATION, founded in 2021, is a small nonprofit that reported $314K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $62K, a strong 20% operating margin.

Mission

THE O2 UTAH FOUNDATION IS DEDICATED TO A GREENER UTAH. IN 2023 THE ORGANIZATION FOCUSED ON IMPROVING AIR QUALITY ALONG THE WASATCH FRONT AND ADVANCING EFFORTS TO REDUCE UTAH'S CONTRIBUTIONS TO CLIMATE CHANGE. THE FOUNDATION SUPPORTED EFFORTS OF CITIES TO REDUCE CARBON EMISSIONS BY PUSHING FOR 100% CARBON FREE ELECTRICITY. THE FOUNDATION DEVELOPED AND INTRODUCED A LANDMARK AIR QUALITY PROPOSAL--PROSPERITY 2030--THAT SEEKS TO REDUCE POLLUTION EMISSIONS ALONG THE WASATCH FRONT BY 50% BY 2030. FINALLY, THE O2 UTAH FOUNDATION RESEARCHED THE LATEST IN POLICY PRESCRIPTIONS ON THESE ISSUES AT THE FEDERAL, STATE, AND LOCAL LEVEL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $313,647

Program Service Revenue $0

Investment Income $72

Other Revenue $0

TOTAL REVENUE $313,719

Expense Breakdown

Grants Paid $0

Salaries & Benefits $216,518

Fundraising Expenses $12,294

Program Expenses $225,745

Other Expenses $34,896

TOTAL EXPENSES $251,414

Year-over-Year Comparison

	2023	2022	Change
Revenue	$313,719	$259,086	+0.2%
Expenses	$251,414	$246,827	+0.0%
Net Income	$62,305	$12,259	+4.1%

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

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

$27,891

Total Directors

$27,891

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID GARBETT	PRESIDENT	17.50	Officer Director	$27,891	$0	$27,891
FRANCES JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURA PETERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MARCUS TRAIL	BOARD MEMBER	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
2024	No data	No data	No data	No data
2023	$313,719	$251,414	$163,674	$62,305
2022	$259,086	$246,827	$101,369	$12,259
2021	$198,028	$108,918	$89,110	$89,110

O2 UTAH FOUNDATION