Wayne Brown Institute

EIN: 942920519 501(c)(3)

Salt Lake Cty, UT

Total Revenue
$342,156
Total Expenses
$504,625
Total Assets
$125,132
Net Assets
$-450,326
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
UT
Principal Officer
W Matthew Warnock
Phone
8019300017
Tax Period
2024-01-01 to 2024-12-31

Wayne Brown Institute, founded in 1985, is a small nonprofit that reported $342K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $505K exceeded revenue, resulting in a 47% operating deficit.

Mission

The organization mentors nurtures and educates first-time entrepreneurs by teaching financial literacy business practices job-seeking skills and guides entrepreneurs on how to plan build and launch their own startups enterprises. The programs offer educational opportunities for diverse entrepreneurs with a goal to build sustainable businesses create meaningful jobs for the workforce and improve economic development.

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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 $227,664
Program Service Revenue $111,099
Investment Income $3,393
Other Revenue $0
TOTAL REVENUE $342,156

Expense Breakdown

Grants Paid $0
Salaries & Benefits $249,448
Fundraising Expenses $17,243
Program Expenses $461,566
Other Expenses $255,177
TOTAL EXPENSES $504,625

Year-over-Year Comparison

2024 2023 Change
Revenue $342,156 $1,049,327 -0.7%
Expenses $504,625 $941,056 -0.5%
Net Income $-162,469 $108,271 -2.5%
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
14
Independent Members
12
Employees
3
Volunteers
150

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
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marcia Nelson Trustee 5.00
Officer
$0 $0 $0
Chris Badger Treasurer 1.00
Officer Director
$0 $0 $0
Chris Anderson Secretary 1.00
Officer Director
$0 $0 $0
Michael Keene Trustee 1.00
Director
$0 $0 $0
Matt Warnock Chair 10.00
Officer Director
$0 $0 $0
Cheryle Caplinger Trustee 1.00
Director
$0 $0 $0
Nick Singleton Trustee 1.00
Director
$0 $0 $0
Nancy Meyer Trustee 1.00
Director
$0 $0 $0
Jim Divver Trustee 1.00
Director
$0 $0 $0
Jolene Anderson Trustee 1.00
Director
$0 $0 $0
Marc Rasich Trustee 1.00
Director
$0 $0 $0
Kathy Ricci Trustee 1.00
Director
$0 $0 $0
Bill Kirth 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
2025 No data No data No data No data
2024 $342,156 $504,625 $125,132 $-162,469
2023 $1,049,327 $941,056 $227,036 $108,271
2022 $978,845 $1,198,149 $170,867 $-219,304
2021 $633,461 $635,893 $375,643 $-2,432
2020 $422,063 $590,489 $43,724 $-168,426
2019 $515,872 $507,408 $93,477 $8,464
2018 $592,547 $552,080 $47,450 $40,467
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