Sorenson Molecular Genealogy Foundation

Nonprofit profile at a glance

EIN
870675349
IRS 990-EZ coverage
2014–2014
Forms available
Form 990 2013, Form 990-EZ 2014
Location
Salt Lake City, UT, USA
Phone
8014901000
Rating confidence
Limited
Sector
Historical Societies, Related Historical Activities

Reported finances

Revenue
$-94,535
Expenses
$5,685,861
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • James L Sorenson (Director)
  • Steve Bennion (Director)
  • Gary Pehrson (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To develop new and more accurate methods for the collection, extraction and analysis of genetic data. To futher scientific genealogical research that will allow people to enhance and extend their genealogical research through the use of genetics. To provide university students with valuable laboratory expeience in the field of molecular biology. To publish professional papers reporting research and scientific findings, and for the purpose of combating diseases and other useful purposes in society.

What it reported doing in 2014

The taxpayer ceased operations in 2012 and was dissolved on December 31, 2014.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -6,114.6%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -154.4% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -75.1% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $5.6M in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.