Equality Utah Foundation
Nonprofit profile at a glance
- EIN
- 841633004
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Salt Lake City, UT, USA
- Phone
- 8013553479
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Intergroup, Race Relations
Reported finances
- Revenue
- $1,090,324
- Expenses
- $1,237,525
- Assets
- $1,324,360
- Liabilities
- $33,010
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Highest reported compensation
- TROY WILLIAMS (EXECUTIVE DI): $185,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To secure equal rights and protections for lgbtq utahns and their families.
What it reported doing in 2024
Our ambassador program trains lgbtq students in effective advocacy, how to conduct voter registration drives, and how to build bridges with people who see the world differently. In february, we will bring these students to the capitol for our legislative summit. We are giving them the tools they need to have a positive impact on their campus. We provided 10 students on campuses across the state with this opportunity in 2023. We have been fortunate to help support 56 lgbtq college students with their academic success by providing both scholarships and mentorships. It's our way of assisting young people to see the potential they have inside themselves to grow and achieve great things. We work in partnership with goldman sachs and bridge investment group to provide these students with mentors from our community. Mentors aim to guide students in developing the skills they need for professional success. We have observed significant progress in their interest in learning and willingness to engage with new ideas. We've also incorporated well-being, mental health, and mindfulness into our program.
Operating model
- Revenue model
- Donor-supported. 81% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 84% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 76
- Accountability: 84
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88%; rating input score 88
- Program expense ratio: 77.3%; rating input score 77
- Fundraising efficiency: $10.41 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -13.5%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 1.07; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 60; 60th percentile among comparable filings
- Officer compensation ratio: 9.6%; rating input score 38; 38th percentile among comparable filings
Growth
- Program expense growth: 15% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 9.6% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 13.2% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 88% of revenue deployed · 77.3% of spending went to programs
- Governance: 15 of 15 board members independent · 5 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $956K in reported program spending
- Leadership: top reported pay $185K · 15 people listed · 0 of 6 pay-setting controls reported
- Consistency: 31 of 31 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Operating margin scored 14/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Moderate — Sustainability: Officer compensation ratio scored 38/100.