GEORGE S AND DOLORES DORE ECCLES ENDOWMENT FOR MEDICAL SCHOOL EXCELLENCE

EIN: 873646588 501(c)(3) Education

SALT LAKE CITY, UT

Total Revenue
$2,382,952
Total Expenses
$1,407,051
Total Assets
$45,948,008
Net Assets
$45,920,546
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
UT
Principal Officer
TAYLOR R RANDALL
Phone
8013233350
Tax Period
2024-07-01 to 2025-06-30

GEORGE S AND DOLORES DORE ECCLES ENDOWMENT FOR MEDICAL SCHOOL EXCELLENCE, founded in 2021, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $976K, a strong 41% operating margin.

Mission

THE ORGANIZATION WAS ESTABLISHED TO SUPPORT AND BENEFIT THE UNIVERSITY OF UTAH SCHOOL OF MEDICINE AND TO HELP ENABLE THE UNIVERSITY TO PROVIDE THE HIGHEST QUALITY MEDICAL EDUCATION, CUTTING EDGE RESEARCH, AND EXCELLENT HEALTHCARE FOR UTAHNS.

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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 $538,539
Program Service Revenue $0
Investment Income $1,844,413
Other Revenue $0
TOTAL REVENUE $2,382,952

Expense Breakdown

Grants Paid $999,220
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,407,051
Other Expenses $407,831
TOTAL EXPENSES $1,407,051

Year-over-Year Comparison

2024 2023 Change
Revenue $2,382,952 $1,697,608 +0.4%
Expenses $1,407,051 $1,143,158 +0.2%
Net Income $975,901 $554,450 +0.8%
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
7
Independent Members
2
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
4
$3,869,589
Total Directors
7
$5,836,489
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAYLOR R RANDALL BOARD CHAIR 1.00
Officer Director
$0 $381,101 $1,400,410
MICHAEL GOOD SECRETARY 1.00
Officer Director
$0 $136,972 $2,083,422
SAMUEL FINLAYSON BOARD MEMBER 1.00
Director
$0 $124,921 $1,249,256
WENDY HOBSON-ROHRER BOARD MEMBER 1.00
Director
$0 $101,746 $551,416
SARA LAMB BOARD MEMBER 1.00
Director
$0 $78,081 $551,985
SPENCE ECCLES BOARD MEMBER 1.00
Director
$0 $0 $0
LISA ECCLES BOARD MEMBER 1.00
Director
$0 $0 $0
CYNTHIA BEST TREASURER 2.00
Officer
$0 $68,167 $385,757
BRUCE OLSON ASST SECRETARY 0.50
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
2025 $2,382,952 $1,407,051 $45,948,008 $975,901
2024 $1,697,608 $1,143,158 $42,475,802 $554,450
2023 $838,286 $542,696 $39,336,123 $295,590
2022 $38,232,116 $23,235 $37,470,819 $38,208,881
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