Civic Intelligence

Trails Utah

990 • Fiscal year 2022 • EIN 45-4929230

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 07, 2023

PO Box 58802Salt Lake City, UT 84158-0802

(801) 550-0676

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

37th percentile

0.00x

Higher debt load relative to assets than 37% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

34th percentile

0.00x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

73rd percentile

22%

Higher net margin than 73% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

92nd percentile

93%

Faster asset growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

92nd percentile

157%

Faster revenue growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$282,598

Up $136,250 (+93%) from 2021

Net Assets

Up

$281,900

Up $135,552 (+93%) from 2021

Liabilities

Up

$698

Up $698 from 2021

Revenue

Up

$605,220

Up $369,306 (+157%) from 2021

Expenses

Up

$469,668

Up $281,251 (+149%) from 2021

Net Income

Up

$135,552

Up $88,055 (+185%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2015: $140,169Liabilities 2015: $0Net Assets 2015: $140,1692015Assets 2016: $127,843Liabilities 2016: $0Net Assets 2016: $127,8432016Assets 2017: $46,143Liabilities 2017: $0Net Assets 2017: $46,1432017Assets 2018: $31,465Liabilities 2018: $0Net Assets 2018: $31,4652018Assets 2019: $45,161Liabilities 2019: $0Net Assets 2019: $45,1612019Assets 2020: $101,051Liabilities 2020: $2,200Net Assets 2020: $98,8512020Assets 2021: $146,348Liabilities 2021: $0Net Assets 2021: $146,3482021Assets 2022: $282,598Liabilities 2022: $698Net Assets 2022: $281,9002022Assets 2023: $368,886Liabilities 2023: $0Net Assets 2023: $368,8862023Assets 2024: $91,482Liabilities 2024: $0Net Assets 2024: $91,4822024

Highlighted filing

2022

Assets$282,598
Liabilities$698
Net Assets$281,900

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2015: $213,478Expenses 2015: $108,897Net Income 2015: $104,5812015Revenue 2016: $119,457Expenses 2016: $131,783Net Income 2016: -$12,3262016Revenue 2017: $63,050Expenses 2017: $144,750Net Income 2017: -$81,7002017Revenue 2018: $15,257Expenses 2018: $29,935Net Income 2018: -$14,6782018Revenue 2019: $64,998Expenses 2019: $51,726Net Income 2019: $13,2722019Revenue 2020: $257,132Expenses 2020: $203,442Net Income 2020: $53,6902020Revenue 2021: $235,914Expenses 2021: $188,417Net Income 2021: $47,4972021Revenue 2022: $605,220Expenses 2022: $469,668Net Income 2022: $135,5522022Revenue 2023: $349,213Expenses 2023: $262,227Net Income 2023: $86,9862023Revenue 2024: $998,238Expenses 2024: $1,275,642Net Income 2024: -$277,4042024

Highlighted filing

2022

Revenue$605,220
Expenses$469,668
Net Income$135,552
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$605,220
Mission and Program Overview

Mission

Trails Utah is dedicated to trails advocacy, planning, funding, and construction in needed areas throughout the state.

Trails utah is dedicated to trails advocacy, planning, funding, and construction in needed areas throughout the state. Trails utah seeks to enhance the quality of life for utahs citizens, invigorate local economies, and provide sustainable outdoor recreation for residents and visitors to the state.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$66,466$241,695▲ $175,229
Cash and Non-Interest-Bearing Accounts$79,477$40,496▼ $38,981
Receivables From Officers Etc$405$407▲ $2
Total Assets$146,348$282,598▲ $136,250
Liabilities
Accounts Payable and Accrued Expenses-$698-
Total Liabilities$0$698▲ $698
Net Assets / Fund Balance
Net Assets With Donor Restrictions$97,986$169,100▲ $71,114
Net Assets Without Donor Restrictions$48,362$112,800▲ $64,438
Total Net Assets Fund Balance$146,348$281,900▲ $135,552
Total Liabilities and Net Assets / Fund Balance$146,348$282,598▲ $136,250
Compensation and Service Providers

Board Members and Trustees

NameTitle
John KnoblockBoard Chair
Kevin ChristophersonVice Chair
Chris CochellaDirector
Del DraperDirector
Hilary SilbermanDirector
Wally LeeDirector
Sarah BennettExecutive Di
Matt Hobson-rohrerSecretary
Stan PlaisierTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Surface Trails LLCMaintenance1390 RAINSBOROUGH RD, Murray, UT 84121$144,700
Revenue and Support

Revenue Composition

Contributions and Grants
$604,971
Program Service Revenue
$0
Investment Income
$249
Other Revenue
$0
All Other Contributions
$600,291
Change in Net Assets
$135,552
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$442,129
Total Fundraising Expense$29,859
Professional Fundraising Fees$27,539
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Professional Fundraising--$27,539$27,539
Fees for Services Management$27,500--$27,500
Information Technology-$6,113-$6,113
Fees for Services Accounting-$5,147-$5,147
Advertising-$4,280-$4,280
Fees for Services Other--$1,600$1,600
Insurance-$1,250-$1,250
Office Expenses-$633-$633
Other Expenses$394,015$180$720$180
Conferences and Meetings-$96-$96
Total Functional Expenses$421,515$18,294$29,859$469,668
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$27,539
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$405$407▲ $2
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
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 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 15A

The board votes for approval of the executive director's compensation after considering performance and comparing salaries for similar-sized organizations.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statements are made availalbe to the public upon request.

Filing and Contact Details

Filer

Filer Name
Trails Utah
EIN
45-4929230
Phone
8015500676
Address
PO BOX 58802, SALT LAKE CITY, UT 84158-0802

Signing Officer

Name
Sarah Bennett
Title
Executive Director
Phone
8015500676
Signed
2023-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Bennett
Formed
2012
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
35

Preparer

Firm
Bountiful Peak Advisors
Address
1564 SOUTH 500 WEST SUITE 201, BOUNTIFUL, UT 84010-7400
Preparer
Justin R Shaw CPA Cfe Cgma
Phone
8012943155
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Trails utah is dedicated to trails advocacy, planning, funding, and construction in needed areas throughout the state. Trails utah seeks to enhance the quality of life for utahs citizens, invigorate local economies, and provide sustainable outdoor recreation for residents and visitors to the state.

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

In fy 2022, trails utah was busy executing on almost a dozen different projects. The mayflower loop trail project, parleys point of the bonneville shoreline trail, and the rattlesnake trail were all completed in either 2021 or 2022 and closed out in 2022. Funding for a number of projects was secured through the award of grant monies, both state government and private foundation grants in 2022, for projects that are getting underway in 2023. Those projects include the axs project, the paiute trail phase ii, and the laverkin rim to river trail. Throughout 2022 we continued to work with the municipality of herriman city to realize another mile-long section of the bonneville shoreline trail that we are hoping to start in the fall of 2023. In 2022 we secured grant money for three phases of the spring hollow trail system, part of the larger pine valley ranger district mountain bike trails initiative. Due to a change in the scope of work and timing by the usfs construction on this project was suspended in late 2022. We are continuing to work with washington county, a major funder on the project, and the usfs to see that some kind of mountain bike trail network gets built in that area. In fy 2022, we made great strides in advancing our outreach to people around the state improving on our donor numbers and social media presence. Through linkedin, instagram, and facebook we had a total increase of traffic by almost 250%. We had a 64% increase in people receiving our newsletter, 64% increase in visits to our website, and 164% increase in our membership. Our grant awards increased by 22%, individual donors increased by 51% and our corporate sponsorship increased by 176%. We hired a marketing and communications director in 2022 which has helped propel these numbers upward. We are looking to an even better year in fy 2023.

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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0LOAN RECEIVABLE - SARAH BENNETT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRAILS UTAH IS DEDICATED TO TRAILS ADVOCACY, PLANNING, FUNDING, AND CONSTRUCTION IN NEEDED AREAS THROUGHOUT THE STATE. TRAILS UTAH SEEKS TO ENHANCE THE QUALITY OF LIFE FOR UTAHS CITIZENS, INVIGORATE LOCAL ECONOMIES, AND PROVIDE SUSTAINABLE OUTDOOR RECREATION FOR RESIDENTS AND VISITORS TO THE STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN FY 2022, TRAILS UTAH WAS BUSY EXECUTING ON ALMOST A DOZEN DIFFERENT PROJECTS. THE MAYFLOWER LOOP TRAIL PROJECT, PARLEYS POINT OF THE BONNEVILLE SHORELINE TRAIL, AND THE RATTLESNAKE TRAIL WERE ALL COMPLETED IN EITHER 2021 OR 2022 AND CLOSED OUT IN 2022. FUNDING FOR A NUMBER OF PROJECTS WAS SECURED THROUGH THE AWARD OF GRANT MONIES, BOTH STATE GOVERNMENT AND PRIVATE FOUNDATION GRANTS IN 2022, FOR PROJECTS THAT ARE GETTING UNDERWAY IN 2023. THOSE PROJECTS INCLUDE THE AXS PROJECT, THE PAIUTE TRAIL PHASE II, AND THE LAVERKIN RIM TO RIVER TRAIL. THROUGHOUT 2022 WE CONTINUED TO WORK WITH THE MUNICIPALITY OF HERRIMAN CITY TO REALIZE ANOTHER MILE-LONG SECTION OF THE BONNEVILLE SHORELINE TRAIL THAT WE ARE HOPING TO START IN THE FALL OF 2023. IN 2022 WE SECURED GRANT MONEY FOR THREE PHASES OF THE SPRING HOLLOW TRAIL SYSTEM, PART OF THE LARGER PINE VALLEY RANGER DISTRICT MOUNTAIN BIKE TRAILS INITIATIVE. DUE TO A CHANGE IN THE SCOPE OF WORK AND TIMING BY THE USFS CONSTRUCTION ON THIS PROJECT WAS SUSPENDED IN LATE 2022. WE ARE CONTINUING TO WORK WITH WASHINGTON COUNTY, A MAJOR FUNDER ON THE PROJECT, AND THE USFS TO SEE THAT SOME KIND OF MOUNTAIN BIKE TRAIL NETWORK GETS BUILT IN THAT AREA. IN FY 2022, WE MADE GREAT STRIDES IN ADVANCING OUR OUTREACH TO PEOPLE AROUND THE STATE IMPROVING ON OUR DONOR NUMBERS AND SOCIAL MEDIA PRESENCE. THROUGH LINKEDIN, INSTAGRAM, AND FACEBOOK WE HAD A TOTAL INCREASE OF TRAFFIC BY ALMOST 250%. WE HAD A 64% INCREASE IN PEOPLE RECEIVING OUR NEWSLETTER, 64% INCREASE IN VISITS TO OUR WEBSITE, AND 164% INCREASE IN OUR MEMBERSHIP. OUR GRANT AWARDS INCREASED BY 22%, INDIVIDUAL DONORS INCREASED BY 51% AND OUR CORPORATE SPONSORSHIP INCREASED BY 176%. WE HIRED A MARKETING AND COMMUNICATIONS DIRECTOR IN 2022 WHICH HAS HELPED PROPEL THESE NUMBERS UPWARD. WE ARE LOOKING TO AN EVEN BETTER YEAR IN FY 2023.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD VOTES FOR APPROVAL OF THE EXECUTIVE DIRECTOR'S COMPENSATION AFTER CONSIDERING PERFORMANCE AND COMPARING SALARIES FOR SIMILAR-SIZED ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILALBE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH BENNETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUSTIN R SHAW CPA CFE CGMA
ReturnHeader/ReturnTs02023-11-10T11:58:08-05:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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