STRUCTURAL ENGINEERS ASSOCIATION OF UTAH INC

EIN: 870686593 Community Improvement

SALT LAKE CITY, UT

Total Revenue
$279,362
Total Expenses
$238,478
Total Assets
$170,406
Net Assets
$170,406
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
UT
Principal Officer
NICOLE ESKELSON
Phone
9282458086
Tax Period
2024-01-01 to 2024-12-31

STRUCTURAL ENGINEERS ASSOCIATION OF UTAH INC, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $279K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $238K left a modest 15% surplus.

Mission

SEAU'S PURPOSE IS TO PROVIDE EDUCATION OPPORTUNITIES TO STRUCTURAL ENGINEERS ACROSS THE STATE OF UTAH. WE DO THIS BY HOSTING AN ANNUAL EDUCATION CONFERENCE AS WELL AS SEVERAL EVENING SEMINARS THAT ALLOW ENGINEERS TO EARN THE PROFESSIONAL DEVELOPMENT HOURS THEY NEED TO MAINTAIN THEIR CERTIFICATIONS. WE ALSO PROVIDE THREE SCHOLARSHIPS A YEAR TO BYU, U OF U, AND USU TO ASPIRING ENGINEERS. AND LAST, WE THROW AN OPENING SOCIAL EVENT EACH YEAR TO ALLOW ENGINEERS TO NETWORK AND CONNECT WITH OTHER ENGINEERS IN THE STATE.

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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 $36,225
Program Service Revenue $242,996
Investment Income $141
Other Revenue $0
TOTAL REVENUE $279,362

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,300
Fundraising Expenses $0
Other Expenses $213,178
TOTAL EXPENSES $238,478

Year-over-Year Comparison

2024 2023 Change
Revenue $279,362 $193,219 +0.4%
Expenses $238,478 $245,747 0.0%
Net Income $40,884 $-52,528 -1.8%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
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
5
$0
Total Directors
1
$25,300
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE ESKELSON EXECUTIVE DI 10.00
Director
$25,300 $0 $25,300
JEREMY ACHTER PRESIDENT N/A
Officer
$0 $0 $0
CHRIS HOFHEINS PAST PRESIDE N/A
Officer
$0 $0 $0
JUSTIN MARSHALL TREASURER N/A
Officer
$0 $0 $0
BRANDT SAXEY VICE PRESIDE N/A
Officer
$0 $0 $0
BRIAN WARNER SECRETARY N/A
Officer
$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 $279,362 $238,478 $170,406 $40,884
2023 $193,219 $245,747 $129,522 $-52,528
2022 $229,324 $255,148 $182,050 $-25,824
2021 $119,036 $81,750 $207,874 $37,286
2020 $153,496 $107,004 $170,588 $46,492
2019 $220,749 $205,819 $124,096 $14,930
2018 $215,680 $226,235 $109,166 $-10,555
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