Davis Technical College Foundation Inc

EIN: 870623859 501(c)(3) Education

Kaysville, UT

Total Revenue
$6,639,895
Total Expenses
$472,002
Total Assets
$8,241,892
Net Assets
$8,217,438
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Legal Domicile
UT
Principal Officer
PETER WATKINS
Phone
8015932304
Tax Period
2023-07-01 to 2024-06-30

Davis Technical College Foundation Inc is a community nonprofit in the Education sector that reported $6.6M in total revenue in fiscal year 2023. Revenue surged 1046% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.2M, a strong 93% operating margin.

Mission

The Foundations mission is to provide essential support to Davis Technical College, empowering all individuals to change their lives through accessible technical education.

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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 (2023)

Revenue Breakdown

Contributions & Grants $312,038
Program Service Revenue $0
Investment Income $6,310,969
Other Revenue $16,888
TOTAL REVENUE $6,639,895

Expense Breakdown

Grants Paid $421,208
Salaries & Benefits $0
Fundraising Expenses $2,569
Program Expenses $434,883
Other Expenses $50,794
TOTAL EXPENSES $472,002

Year-over-Year Comparison

2023 2022 Change
Revenue $6,639,895 $579,471 +10.5%
Expenses $472,002 $540,615 -0.1%
Net Income $6,167,893 $38,856 +157.7%
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
17
Independent Members
17
Employees
N/A
Volunteers
18

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
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA SMITH PAST CHAIR 1.00
Officer Director
$0 $0 $0
PETER WATKINS Chair 1.00
Officer Director
$0 $0 $0
ADAM TOONE BOARD LIAISON 1.00
Director
$0 $0 $0
CLARK MOSS Treasurer 1.00
Officer Director
$0 $0 $0
LLOYD CARR Member 1.00
Director
$0 $0 $0
DARREN GODFREY Member 1.00
Director
$0 $0 $0
JOHN ADAMS Member 1.00
Director
$0 $0 $0
STEVE ADAMS MEMBER 1.00
Director
$0 $0 $0
JENN BARLOW Member 1.00
Director
$0 $0 $0
TIFFANY BEARS member 1.00
Director
$0 $0 $0
DAN BRIDENSTINE Member 1.00
Director
$0 $0 $0
RHONDA GREENWOOD Member 1.00
Director
$0 $0 $0
MARIE MARTINEZ VICE CHAIR 1.00
Officer Director
$0 $0 $0
ARIEL DEFAY MEMBER 1.00
Director
$0 $0 $0
MARY MCBRIDE MEMBER 1.00
Director
$0 $0 $0
TYLER MATHIS MEMBER 1.00
Director
$0 $0 $0
LEENA AHIR 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
2025 No data No data No data No data
2024 $6,639,895 $472,002 $8,241,892 $6,167,893
2023 $579,471 $540,615 $2,069,458 $38,856
2022 $1,077,700 $732,434 $2,037,083 $345,266
2021 $550,319 $724,927 $1,680,064 $-174,608
2020 $614,788 $1,415,897 $1,860,486 $-801,109
2019 $700,602 $460,644 $2,674,176 $239,958
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