The Utah Tech University Foundation

EIN: 870290082 501(c)(3) Education

SAINT GEORGE, UT

Total Revenue
$1,416,737
Total Expenses
$534,328
Total Assets
$21,788,261
Net Assets
$21,211,238
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
UT
Principal Officer
Lance Brown
Phone
4356527906
Tax Period
2024-07-01 to 2025-06-30

The Utah Tech University Foundation, founded in 1971, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $882K, a strong 62% operating margin.

Mission

To carry out the purposes of Utah Tech University and its various scientific educational and other activities programs and services.

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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 $288,214
Program Service Revenue $0
Investment Income $1,071,348
Other Revenue $57,175
TOTAL REVENUE $1,416,737

Expense Breakdown

Grants Paid $269,144
Salaries & Benefits $0
Fundraising Expenses $75,483
Program Expenses $269,144
Other Expenses $265,184
TOTAL EXPENSES $534,328

Year-over-Year Comparison

2024 2023 Change
Revenue $1,416,737 $1,040,153 +0.4%
Expenses $534,328 $1,377,717 -0.6%
Net Income $882,409 $-337,564 -3.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
14
Employees
N/A
Volunteers
90

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
0
$0
Total Directors
19
$940,297
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Courtney White Interim President of Utah Tech University 1.00
Director
$0 $76,100 $457,254
Brad Last Board Member CEO 1.00
Director
$0 $51,954 $255,697
Francis Bowler Board Member 2.00
Director
$0 $32,933 $123,556
Cindy Biehahn Board Member-Director 4.00
Director
$0 $30,104 $103,790
Tony Allen Interim Chair 4.00
Director
$0 $0 $0
Anthony Morris Board Member 2.00
Director
$0 $0 $0
Bella Estes Board Member 2.00
Director
$0 $0 $0
Brandon Staples Board Member 2.00
Director
$0 $0 $0
Cameron Gunter Board Member 2.00
Director
$0 $0 $0
Cameron Gunter Board Member 2.00
Director
$0 $0 $0
CJ Morby Board Member 2.00
Director
$0 $0 $0
Elaine Davis Board Member 2.00
Director
$0 $0 $0
Jeff Morby Board Member 2.00
Director
$0 $0 $0
Kelli Prince Board Member 2.00
Director
$0 $0 $0
LaDel Laub Board Member 2.00
Director
$0 $0 $0
Lisa Slarks Board Member 2.00
Director
$0 $0 $0
Macrae Heppler Board Member 2.00
Director
$0 $0 $0
Morris Peacock Board Member 2.00
Director
$0 $0 $0
Rebecca Staples Board Member 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
2025 $1,416,737 $534,328 $21,788,261 $882,409
2024 No data No data No data No data
2023 $1,642,493 $2,006,899 $19,096,854 $-364,406
2022 $3,026,081 $841,753 $18,727,280 $2,184,328
2021 $1,463,871 $896,937 $22,244,574 $566,934
2019 $1,223,040 $2,239,258 $17,610,093 $-1,016,218
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