Civic Intelligence

Success in Education Foundation

EIN 45-3567196 • 501(c)3 • Salt Lake City, UT

Profile

Promote excellence in education and help utah students prepare for post- secondary education.

111 East Broadway Ste 900Salt Lake City, UT 84111

www.sieutah.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

35th percentile

0.05x

Higher debt load relative to assets than 35% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

34th percentile

0.07x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

8th percentile

-37%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

6th percentile

-20%

Faster asset growth than 6% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

30th percentile

-2.5%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Down

$5,009,401

Down $592,381 (-11%) from 2023

Liabilities

Up

$335,323

Up $76,163 (+29%) from 2023

Net Assets

Down

$4,674,078

Down $668,544 (-13%) from 2023

Revenue

Up

$3,948,717

Up $438,043 (+12%) from 2023

Expenses

Down

$4,617,237

Down $175,112 (-3.7%) from 2023

Net Income

Up

-$668,520

Up $613,155 (+48%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $440,816Liabilities 2012: $244,443Net Assets 2012: $196,3732012Assets 2013: $556,687Liabilities 2013: $440,980Net Assets 2013: $115,7072013Assets 2014: $521,277Liabilities 2014: $226,357Net Assets 2014: $294,9202014Assets 2015: $672,484Liabilities 2015: $228,435Net Assets 2015: $444,0492015Assets 2016: $794,435Liabilities 2016: $195,507Net Assets 2016: $598,9282016Assets 2017: $1,674,834Liabilities 2017: $675,078Net Assets 2017: $999,7562017Assets 2018: $1,454,070Liabilities 2018: $397,997Net Assets 2018: $1,056,0732018Assets 2019: $1,719,905Liabilities 2019: $432,696Net Assets 2019: $1,287,2092019Assets 2020: $2,174,463Liabilities 2020: $597,714Net Assets 2020: $1,576,7492020Assets 2021: $7,564,005Liabilities 2021: $747,987Net Assets 2021: $6,816,0182021Assets 2022: $6,961,359Liabilities 2022: $337,062Net Assets 2022: $6,624,2972022Assets 2023: $5,601,782Liabilities 2023: $259,160Net Assets 2023: $5,342,6222023Assets 2024: $5,009,401Liabilities 2024: $335,323Net Assets 2024: $4,674,0782024

Highlighted filing

2024

Assets$5,009,401
Liabilities$335,323
Net Assets$4,674,078

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2012: $572,870Expenses 2012: $376,497Net Income 2012: $196,3732012Expenses 2013: $971,0402013Revenue 2014: $1,391,337Expenses 2014: $1,534,124Net Income 2014: -$142,7872014Revenue 2015: $1,596,656Expenses 2015: $1,447,527Net Income 2015: $149,1292015Revenue 2016: $1,714,819Expenses 2016: $1,559,940Net Income 2016: $154,8792016Revenue 2017: $2,098,469Expenses 2017: $1,697,641Net Income 2017: $400,8282017Revenue 2018: $2,091,149Expenses 2018: $2,034,832Net Income 2018: $56,3172018Revenue 2019: $2,728,613Expenses 2019: $2,470,864Net Income 2019: $257,7492019Revenue 2020: $2,592,136Expenses 2020: $2,465,394Net Income 2020: $126,7422020Revenue 2021: $8,489,669Expenses 2021: $3,250,400Net Income 2021: $5,239,2692021Revenue 2022: $3,601,243Expenses 2022: $3,923,905Net Income 2022: -$322,6622022Revenue 2023: $3,510,674Expenses 2023: $4,792,349Net Income 2023: -$1,281,6752023Revenue 2024: $3,948,717Expenses 2024: $4,617,237Net Income 2024: -$668,5202024

Highlighted filing

2024

Revenue$3,948,717
Expenses$4,617,237
Net Income-$668,520

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$4,759,973
Mission and Program Overview

Mission

Promote excellence in education and help utah students prepare for post- secondary education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$60,979$3,136,875▲ $3,075,896
Pledges and Grants Receivable$232,933$817,132▲ $584,199
Intangible Assets$1,943,956$527,825▼ $1,416,131
Cash and Non-Interest-Bearing Accounts$3,244,575$449,763▼ $2,794,812
Prepaid Expenses and Deferred Charges$72,809$37,432▼ $35,377
Land, Buildings, and Equipment, Net$41,711$32,559▼ $9,152
Accounts Receivable$4,819$7,815▲ $2,996
Total Assets$5,601,782$5,009,401▼ $592,381
Liabilities
Accounts Payable and Accrued Expenses$135,261$232,910▲ $97,649
Grants Payable$108,730$84,210▼ $24,520
Deferred Revenue$15,169$18,203▲ $3,034
Total Liabilities$259,160$335,323▲ $76,163
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,716,846$3,634,123▼ $1,082,723
Net Assets With Donor Restrictions$625,776$1,039,955▲ $414,179
Total Net Assets Fund Balance$5,342,622$4,674,078▼ $668,544
Total Liabilities and Net Assets / Fund Balance$5,601,782$5,009,401▼ $592,381

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$32,559$82,936$115,495
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard L FolkersonPresident/exFT$180,992$6,990$187,982
Richard L FolkersonPresident/exec Director-$145,992$41,990$187,982
Kaitlin DietrichSecretaryFT$59,462$9,777$69,239

Board Members and Trustees

NameTitle
Katharine B GarffChair
David PetersenBoard Member
James J JardineBoard Member
Jeff StephensBoard Member
Jesselie B AndersonBoard Member
Nolan E KarrasBoard Member
Patricia JonesBoard Member
Ron JibsonBoard Member
Jim CampbellTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Space Station GamingEsports Events377 NORTH MARSHALL WAY STE 2, Layton, UT 84041$131,150
Revenue and Support

Revenue Composition

Contributions and Grants
$3,816,114
Program Service Revenue
$0
Investment Income
$125,920
Other Revenue
$6,683
All Other Contributions
$2,886,642
Change in Net Assets
$-668,520

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table74$394,279Fair Market Value
Other Non Cash Contri Table2$243,598Fair Market Value
Other Non Cash Contri Table6$123,500Fair Market Value
Total Noncash Contributions82$761,377-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,948,717
Revenue Not Reported on Form 990
$341,346
Total Revenue per Audited Statements
$4,290,063
Total Revenue per Form 990
$3,948,717
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,711,793
Salaries, Compensation, and Employee Benefits$1,519,195
Total Fundraising Expense$665,056
Grants and Similar Amounts Paid$386,249
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,429,925$1,022$4,990$1,435,937
Other Salaries and Wages$645,641$189,218$276,661$1,111,520
Fees for Services Other$240,708$9,915$79,162$329,785
Grants to Domestic Individuals$260,000--$260,000
Current Officers, Directors, Trustees, and Key Employees$130,888$38,360$56,087$225,335
Information Technology$145,813$22,314-$168,127
Office Expenses$77,529$5,490$43,919$126,938
Grants to Domestic Orgs$126,249--$126,249
Other Expenses$7,020$3,623$112,893$123,536
Payroll Taxes$70,315$20,607$30,131$121,053
Other Employee Benefits$25,679$7,526$11,004$44,209
Travel$15,335$4,945$17,866$38,146
Advertising$31,350$3,799$1,890$37,039
Fees for Services Accounting-$29,694-$29,694
Insurance$247$25,569-$25,816
Pension Plan Contributions$9,920$2,907$4,251$17,078
Fees for Services Legal$7,111$1,170$2,338$10,619
Conferences and Meetings$888$286$1,035$2,209
Total Functional Expenses$3,584,236$367,945$665,056$4,617,237

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,958,607
Expenses per Audited Statements$4,617,237
Total Expenses per Form 990$4,617,237
Expenses Not Reported on Form 990$341,370
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$811,256
Fundraising Gross Income$811,256
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fishing the Gre$497,162$264,815$19,417$245,398
Hole in One$702,561$109,248$20,431$88,817
Total Events$1,740,728$811,256$811,256-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Katharine b garff richard folkerson family relationship

Form 990, Page 6, Part VI, Line 11B

The board members receive copies of the audit report and the form 990. The form 990 is reconciled to the audited financial statements and reviewed by the officers of the foundation.

Form 990, Page 6, Part VI, Line 19

The organization's governing document and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Success in Education Foundation
EIN
45-3567196
Phone
8012573577
Address
111 EAST BROADWAY STE 900, SALT LAKE CITY, UT 84111

Signing Officer

Name
Erin Tranbeath-murray
Title
VP of Philanthropy
Phone
8012573414
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erin Tranbeath-murray
Formed
2012
Legal Domicile
Ut
Voting Board Members
11
Independent Board Members
9
Employees
30
Volunteers
223

Preparer

Firm
Larson & Company Pc
Address
11240 S RIVER HEIGHTS DR STE 300, SOUTH JORDAN, UT 84095-5123
Preparer
Richard Scoresby CPA
Phone
8013131900
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Keys to success: the purpose of keys to success is to motivate students to unlock their future by connecting them to scholarships, internships, and careers. In the fall of 2018, the keys to success app was launched to provide students with scholarships, internships, and other career opportunities personalized to their chosen career interests. Students can track their progress, receive push notifications about new opportunities, and use additional tools like act prep and fasfa help to help them unlock their future. The more students interact with the app, the more points students earn that can be redeemed for awesome prizes like gift cards to restaurants and vouchers for activities. The app makes it easy for parents to engage with their students' future, goals, and career interests. The 2023-2024 school year ended with 158,895 student app downloads and over 100 million in scholarships/tuition waivers available in the app. During the school year, keys to success sponsored academic scholarships were awarded to 178 students. The program provided 17,088 prizes and incentives for students, with one grand prize of a car giveaway.

Form 990, Page 2, Part III, Line 4B

Code to success & esports: the purpose of ken garff esports is to enhance and enrich scholastic experiences through and beyond gaming. In the 2023- 2024 school year, there were 99 middle and high school "ken garff esports" clubs throughout the state of utah. The foundation provided 1,500 grants to support each club, totaling 126,500. In the 2023-2024 school year, ken garff esports held 5 regional in-person events at usu eastern, utah tech, utah valley university, salt lake community college, and weber state university where students competed regionally and participated in university booths and activities. In march 2024 we held our 3rd annual statewide event called the "spring celebration" hosted in the university of utah basketball arena and the spencer fox eccles business building where we reached 2400 students across the state. In july 2024, we held our tech track summer camp at 9 different campuses for three weeks covering cybersecurity, game development, and career exploration.

Form 990, Page 2, Part III, Line 4D

Women who succeed: the purpose of women who succeed is to provide opportunities for girls and young women to grow in confidence and leadership skills. We do this by providing mentoring, scholarships, internships, and networking opportunities. During the 2023-2024 school year, 278 young women received mentorship, 32 interns were placed, and 82,000 were awarded in scholarship dollars to 68 young women.

Financial Statement Notes

Schedule D, Page 3, Part X

The foundations returns of organization exempt from income tax (form 990) are subject to examination by the irs for three years after the date filed. The foundation believes it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0KEYS TO SUCCESS: THE PURPOSE OF KEYS TO SUCCESS IS TO MOTIVATE STUDENTS TO UNLOCK THEIR FUTURE BY CONNECTING THEM TO SCHOLARSHIPS, INTERNSHIPS, AND CAREERS. IN THE FALL OF 2018, THE KEYS TO SUCCESS APP WAS LAUNCHED TO PROVIDE STUDENTS WITH SCHOLARSHIPS, INTERNSHIPS, AND OTHER CAREER OPPORTUNITIES PERSONALIZED TO THEIR CHOSEN CAREER INTERESTS. STUDENTS CAN TRACK THEIR PROGRESS, RECEIVE PUSH NOTIFICATIONS ABOUT NEW OPPORTUNITIES, AND USE ADDITIONAL TOOLS LIKE ACT PREP AND FASFA HELP TO HELP THEM UNLOCK THEIR FUTURE. THE MORE STUDENTS INTERACT WITH THE APP, THE MORE POINTS STUDENTS EARN THAT CAN BE REDEEMED FOR AWESOME PRIZES LIKE GIFT CARDS TO RESTAURANTS AND VOUCHERS FOR ACTIVITIES. THE APP MAKES IT EASY FOR PARENTS TO ENGAGE WITH THEIR STUDENTS' FUTURE, GOALS, AND CAREER INTERESTS. THE 2023-2024 SCHOOL YEAR ENDED WITH 158,895 STUDENT APP DOWNLOADS AND OVER 100 MILLION IN SCHOLARSHIPS/TUITION WAIVERS AVAILABLE IN THE APP. DURING THE SCHOOL YEAR, KEYS TO SUCCESS SPONSORED ACADEMIC SCHOLARSHIPS WERE AWARDED TO 178 STUDENTS. THE PROGRAM PROVIDED 17,088 PRIZES AND INCENTIVES FOR STUDENTS, WITH ONE GRAND PRIZE OF A CAR GIVEAWAY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0CODE TO SUCCESS & ESPORTS: THE PURPOSE OF KEN GARFF ESPORTS IS TO ENHANCE AND ENRICH SCHOLASTIC EXPERIENCES THROUGH AND BEYOND GAMING. IN THE 2023- 2024 SCHOOL YEAR, THERE WERE 99 MIDDLE AND HIGH SCHOOL "KEN GARFF ESPORTS" CLUBS THROUGHOUT THE STATE OF UTAH. THE FOUNDATION PROVIDED 1,500 GRANTS TO SUPPORT EACH CLUB, TOTALING 126,500. IN THE 2023-2024 SCHOOL YEAR, KEN GARFF ESPORTS HELD 5 REGIONAL IN-PERSON EVENTS AT USU EASTERN, UTAH TECH, UTAH VALLEY UNIVERSITY, SALT LAKE COMMUNITY COLLEGE, AND WEBER STATE UNIVERSITY WHERE STUDENTS COMPETED REGIONALLY AND PARTICIPATED IN UNIVERSITY BOOTHS AND ACTIVITIES. IN MARCH 2024 WE HELD OUR 3RD ANNUAL STATEWIDE EVENT CALLED THE "SPRING CELEBRATION" HOSTED IN THE UNIVERSITY OF UTAH BASKETBALL ARENA AND THE SPENCER FOX ECCLES BUSINESS BUILDING WHERE WE REACHED 2400 STUDENTS ACROSS THE STATE. IN JULY 2024, WE HELD OUR TECH TRACK SUMMER CAMP AT 9 DIFFERENT CAMPUSES FOR THREE WEEKS COVERING CYBERSECURITY, GAME DEVELOPMENT, AND CAREER EXPLORATION.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ROAD TO SUCCESS: ROAD TO SUCCESS IS A K-6 INCENTIVIZED READING PROGRAM THAT SUPPORTS UTAH STUDENTS ACROSS THE STATE OF UTAH BUILD STRONG READING HABITS. EACH SCHOOL THAT PARTICIPATES GAINS ACCESS TO THE PLATFORM BEANSTACK, WHICH SUPPORTS DIGITIAL AND PERSONALIZED. THE ROAD TO SUCCESS PROGRAM PROVIDES EVERY STUDENT PARTICIPATING WITH TANGIBLE REWARDS BY MEETING SPECIFIC READING MILESTONES. WITHIN THE 2023-2024 SCHOOL YEAR, 63 SCHOOLS PARTICIPATED IN THE PROGRAM WITH OVER 26,000 STUDENTS. THE STUDENTS PARTIPICATING READ OVER 11 MILLION MINUTES.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0WOMEN WHO SUCCEED: THE PURPOSE OF WOMEN WHO SUCCEED IS TO PROVIDE OPPORTUNITIES FOR GIRLS AND YOUNG WOMEN TO GROW IN CONFIDENCE AND LEADERSHIP SKILLS. WE DO THIS BY PROVIDING MENTORING, SCHOLARSHIPS, INTERNSHIPS, AND NETWORKING OPPORTUNITIES. DURING THE 2023-2024 SCHOOL YEAR, 278 YOUNG WOMEN RECEIVED MENTORSHIP, 32 INTERNS WERE PLACED, AND 82,000 WERE AWARDED IN SCHOLARSHIP DOLLARS TO 68 YOUNG WOMEN.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATIONS RETURNS OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) ARE SUBJECT TO EXAMINATION BY THE IRS FOR THREE YEARS AFTER THE DATE FILED. THE FOUNDATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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