SALT LAKE COMMUNITY COLLEGE FOUNDATION (EIN 942886220) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

BOB WHITTAKER

Phone

8019574247

Tax Period

2022-07-01 to 2023-06-30

SALT LAKE COMMUNITY COLLEGE FOUNDATION, founded in 1983, is a mid-sized nonprofit in the Education sector that reported $16.5M in total revenue in fiscal year 2022. Revenue surged 280% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.8M, a strong 77% operating margin.

Mission

THE MISSION OF THE SALT LAKE COMMUNITY COLLEGE FOUNDATION IS TO PROVIDE FUNDRAISING AND SUPPORT FOR SALT LAKE COMMUNITY COLLEGE BY RAISING FUNDS FOR SCHOLARSHIPS, ACEDEMIC PROGRAMS, BUILDING CONSTRUCTION, FURNISHINGS AND EQUIPMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $15,896,794

Program Service Revenue $0

Investment Income $624,830

Other Revenue $-26,166

TOTAL REVENUE $16,495,458

Expense Breakdown

Grants Paid $3,507,448

Salaries & Benefits $0

Fundraising Expenses $11,082

Program Expenses $3,507,448

Other Expenses $227,634

TOTAL EXPENSES $3,735,082

Year-over-Year Comparison

	2022	2021	Change
Revenue	$16,495,458	$4,345,877	+2.8%
Expenses	$3,735,082	$3,299,695	+0.1%
Net Income	$12,760,376	$1,046,182	+11.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY MICHALKO	EXECUTIVE DIRECTOR	14.00	Officer Director	$0	$0	$0
KEVIN POTTS	CHAIR	2.00	Officer Director	$0	$0	$0
KYLE TREADWAY	VICE CHAIR/TREASURER	1.00	Officer Director	$0	$0	$0
CORALIE ALDER	TRUSTEE	1.00	Director	$0	$0	$0
MARY BANGERTER	TRUSTEE	1.00	Director	$0	$0	$0
NORMA CARR	TRUSTEE	1.00	Director	$0	$0	$0
CICI COMPTON	TRUSTEE	1.00	Director	$0	$0	$0
JOSE ENRIQUEZ PHD	TRUSTEE	1.00	Director	$0	$0	$0
PAULA GREEN JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
DAVID KIRBY	TRUSTEE	1.00	Director	$0	$0	$0
EMILY BELL MCCORMICK	TRUSTEE	1.00	Director	$0	$0	$0
ZANE MILLER	TRUSTEE	1.00	Director	$0	$0	$0
ROB MOORE	TRUSTEE	1.00	Director	$0	$0	$0
JESSICA PANTAGES	TRUSTEE	1.00	Director	$0	$0	$0
CRAIG SANDBERG	TRUSTEE	1.00	Director	$0	$0	$0
AMY M H TAYLOR	TRUSTEE	1.00	Director	$0	$0	$0
MAXINE TURNER	TRUSTEE	1.00	Director	$0	$0	$0
NIKKI WALKER	TRUSTEE	1.00	Director	$0	$0	$0
BEATRYX WASHINGTON	TRUSTEE	1.00	Director	$0	$0	$0
BRYCE WHITTAKER	TRUSTEE	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	$16,495,458	$3,735,082	$36,810,734	$12,760,376
2022	$4,345,877	$3,299,695	$23,210,000	$1,046,182
2021	$7,299,896	$3,773,145	$24,286,482	$3,526,751
2020	$5,095,836	$3,259,275	$17,336,287	$1,836,561
2020	$5,095,836	$3,259,275	$17,336,287	$1,836,561

SALT LAKE COMMUNITY COLLEGE FOUNDATION