Civic Intelligence

Trails Utah

990 • Fiscal year 2023 • EIN 45-4929230

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 19, 2024

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

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

88th percentile

$30,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

79th percentile

31%

Faster asset growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

14th percentile

-42%

Faster revenue growth than 14% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$368,886

Up $86,288 (+31%) from 2022

Net Assets

Up

$368,886

Up $86,986 (+31%) from 2022

Liabilities

Down

$0

Down $698 (-100%) from 2022

Revenue

Down

$349,213

Down $256,007 (-42%) from 2022

Expenses

Down

$262,227

Down $207,441 (-44%) from 2022

Net Income

Down

$86,986

Down $48,566 (-36%) from 2022

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

2023

Assets$368,886
Liabilities$0
Net Assets$368,886

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

2023

Revenue$349,213
Expenses$262,227
Net Income$86,986
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 19, 2024
Return Version
2023v5.0
Gross Receipts
$349,213
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$241,695$351,449▲ $109,754
Cash and Non-Interest-Bearing Accounts$40,496$17,437▼ $23,059
Receivables From Officers Etc$407--
Total Assets$282,598$368,886▲ $86,288
Liabilities
Accounts Payable and Accrued Expenses$698--
Total Liabilities$698$0▼ $698
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$112,800$368,886▲ $256,086
Net Assets With Donor Restrictions$169,100--
Total Net Assets Fund Balance$281,900$368,886▲ $86,986
Total Liabilities and Net Assets / Fund Balance$282,598$368,886▲ $86,288
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah BennettExecutive DiFT$30,000$30,000

Board Members and Trustees

NameTitle
John KnoblockBoard Chair
Kevin ChristophersonVice Chair
Chris CochellaDirector
Del DraperDirector
Hilary SilbermanDirector
Wally LeeDirector
Matt Hobson-rohrerSecretary
Stan PlaisierTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$346,638
Program Service Revenue
$0
Investment Income
$2,575
Other Revenue
$0
Change in Net Assets
$86,986
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$235,813
Total Fundraising Expense$30,914
Professional Fundraising Fees$26,414
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$21,000$4,500$4,500$30,000
Fees for Services Professional Fundraising--$26,414$26,414
Advertising-$17,100-$17,100
Fees for Services Other$7,248--$7,248
Fees for Services Accounting-$3,850-$3,850
Conferences and Meetings-$1,643-$1,643
Information Technology$647$249-$896
Insurance-$650-$650
Office Expenses$194$343-$537
Fees for Services Legal$50--$50
Other Expenses$345$29-$29
Total Functional Expenses$202,949$28,364$30,914$262,227
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$26,414
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$407--
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

A copy of the form 990 is provided to the board of directors for their review prior to filing the form 990.

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
2024-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Bennett
Formed
2012
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
200

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

Looking back on 2023 and what trails utah was able to accomplish, i am filled with a deep sense of gratitude for our partners, donors, and supporters around the state who helped make both long-sought-after trails and new, innovative trail concepts, a reality. The increasing awareness of the vital role that trails and access to open space play in our everyday lives here in utah is more evident than ever before. We are cheering on this development and rolling up our sleeves in 2024. After more than twenty years of planning and discussion, tu secured the support of three different land managers, landed a utah outdoor recreation grant, and constructed the grandeur peak section of the bonneville shoreline trail (bst). Also enabling this project was the purchase of two different private land parcels made possible with funding set aside by the utah legislature specifically for acquiring lands needed for connecting the bst. This incredible development at the state level, along with the enthusiastic backing and encouragement we received from county, municipal, and federal land managers, underscores the enormous effort and time often required to make trails a reality. It also demonstrates the increasing value being placed on trail access. Working with the town of springdale and the southern paiute tribe to create a shared-use, dog-friendly trail intended for local residents was also incredibly rewarding. With the throngs of visitors flooding the gateway town to zion national park and inundating park trails, it was a significant win to develop a trail where neighbors can get out for a morning hike away from the bustle of the park. This project, and the planning of a new 12-acre cross- country bike park, to be constructed in 2024 in kearns, utah, will be dedicated to kids who lack access to trails but want to participate in utah's growing high school mountain bike league. This will allow kids, without parents who have the time and resources to drive them to distant trail systems, an opportunity to grow their skills and train close to home. Both of these projects are working to provide the trail experience close to home and limiting car time to get to trails. Whether it is connecting another link of the bonneville shoreline trail, arguably one of the most important regional trails in the state, or simply connecting utahns to nature and the open space in their backyard, there is no shortage of worthwhile trail projects around the state. At trails utah we are constantly working to identify and develop needed trail projects, projects that bring a community a sought-after recreational amenity, or a project that can heal an erosional scar across a landscape. The average of 3-5 years of planning, permitting, and fundraising before we can move even a shovelful of dirt makes for a long game but we are committed to it. With your support, we will continue to do the background work which will mean more trail miles realized on the ground in 2024.

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IRS990/Desc0LOOKING BACK ON 2023 AND WHAT TRAILS UTAH WAS ABLE TO ACCOMPLISH, I AM FILLED WITH A DEEP SENSE OF GRATITUDE FOR OUR PARTNERS, DONORS, AND SUPPORTERS AROUND THE STATE WHO HELPED MAKE BOTH LONG-SOUGHT-AFTER TRAILS AND NEW, INNOVATIVE TRAIL CONCEPTS, A REALITY. THE INCREASING AWARENESS OF THE VITAL ROLE THAT TRAILS AND ACCESS TO OPEN SPACE PLAY IN OUR EVERYDAY LIVES HERE IN UTAH IS MORE EVIDENT THAN EVER BEFORE. WE ARE CHEERING ON THIS DEVELOPMENT AND ROLLING UP OUR SLEEVES IN 2024. AFTER MORE THAN TWENTY YEARS OF PLANNING AND DISCUSSION, TU SECURED THE SUPPORT OF THREE DIFFERENT LAND MANAGERS, LANDED A UTAH OUTDOOR RECREATION GRANT, AND CONSTRUCTED THE GRANDEUR PEAK SECTION OF THE BONNEVILLE SHORELINE TRAIL (BST). ALSO ENABLING THIS PROJECT WAS THE PURCHASE OF TWO DIFFERENT PRIVATE LAND PARCELS MADE POSSIBLE WITH FUNDING SET ASIDE BY THE UTAH LEGISLATURE SPECIFICALLY FOR ACQUIRING LANDS NEEDED FOR CONNECTING THE BST. THIS INCREDIBLE DEVELOPMENT AT THE STATE LEVEL, ALONG WITH THE ENTHUSIASTIC BACKING AND ENCOURAGEMENT WE RECEIVED FROM COUNTY, MUNICIPAL, AND FEDERAL LAND MANAGERS, UNDERSCORES THE ENORMOUS EFFORT AND TIME OFTEN REQUIRED TO MAKE TRAILS A REALITY. IT ALSO DEMONSTRATES THE INCREASING VALUE BEING PLACED ON TRAIL ACCESS. WORKING WITH THE TOWN OF SPRINGDALE AND THE SOUTHERN PAIUTE TRIBE TO CREATE A SHARED-USE, DOG-FRIENDLY TRAIL INTENDED FOR LOCAL RESIDENTS WAS ALSO INCREDIBLY REWARDING. WITH THE THRONGS OF VISITORS FLOODING THE GATEWAY TOWN TO ZION NATIONAL PARK AND INUNDATING PARK TRAILS, IT WAS A SIGNIFICANT WIN TO DEVELOP A TRAIL WHERE NEIGHBORS CAN GET OUT FOR A MORNING HIKE AWAY FROM THE BUSTLE OF THE PARK. THIS PROJECT, AND THE PLANNING OF A NEW 12-ACRE CROSS- COUNTRY BIKE PARK, TO BE CONSTRUCTED IN 2024 IN KEARNS, UTAH, WILL BE DEDICATED TO KIDS WHO LACK ACCESS TO TRAILS BUT WANT TO PARTICIPATE IN UTAH'S GROWING HIGH SCHOOL MOUNTAIN BIKE LEAGUE. THIS WILL ALLOW KIDS, WITHOUT PARENTS WHO HAVE THE TIME AND RESOURCES TO DRIVE THEM TO DISTANT TRAIL SYSTEMS, AN OPPORTUNITY TO GROW THEIR SKILLS AND TRAIN CLOSE TO HOME. BOTH OF THESE PROJECTS ARE WORKING TO PROVIDE THE TRAIL EXPERIENCE CLOSE TO HOME AND LIMITING CAR TIME TO GET TO TRAILS. WHETHER IT IS CONNECTING ANOTHER LINK OF THE BONNEVILLE SHORELINE TRAIL, ARGUABLY ONE OF THE MOST IMPORTANT REGIONAL TRAILS IN THE STATE, OR SIMPLY CONNECTING UTAHNS TO NATURE AND THE OPEN SPACE IN THEIR BACKYARD, THERE IS NO SHORTAGE OF WORTHWHILE TRAIL PROJECTS AROUND THE STATE. AT TRAILS UTAH WE ARE CONSTANTLY WORKING TO IDENTIFY AND DEVELOP NEEDED TRAIL PROJECTS, PROJECTS THAT BRING A COMMUNITY A SOUGHT-AFTER RECREATIONAL AMENITY, OR A PROJECT THAT CAN HEAL AN EROSIONAL SCAR ACROSS A LANDSCAPE. THE AVERAGE OF 3-5 YEARS OF PLANNING, PERMITTING, AND FUNDRAISING BEFORE WE CAN MOVE EVEN A SHOVELFUL OF DIRT MAKES FOR A LONG GAME BUT WE ARE COMMITTED TO IT. WITH YOUR SUPPORT, WE WILL CONTINUE TO DO THE BACKGROUND WORK WHICH WILL MEAN MORE TRAIL MILES REALIZED ON THE GROUND IN 2024.
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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/ExplanationTxt1LOOKING BACK ON 2023 AND WHAT TRAILS UTAH WAS ABLE TO ACCOMPLISH, I AM FILLED WITH A DEEP SENSE OF GRATITUDE FOR OUR PARTNERS, DONORS, AND SUPPORTERS AROUND THE STATE WHO HELPED MAKE BOTH LONG-SOUGHT-AFTER TRAILS AND NEW, INNOVATIVE TRAIL CONCEPTS, A REALITY. THE INCREASING AWARENESS OF THE VITAL ROLE THAT TRAILS AND ACCESS TO OPEN SPACE PLAY IN OUR EVERYDAY LIVES HERE IN UTAH IS MORE EVIDENT THAN EVER BEFORE. WE ARE CHEERING ON THIS DEVELOPMENT AND ROLLING UP OUR SLEEVES IN 2024. AFTER MORE THAN TWENTY YEARS OF PLANNING AND DISCUSSION, TU SECURED THE SUPPORT OF THREE DIFFERENT LAND MANAGERS, LANDED A UTAH OUTDOOR RECREATION GRANT, AND CONSTRUCTED THE GRANDEUR PEAK SECTION OF THE BONNEVILLE SHORELINE TRAIL (BST). ALSO ENABLING THIS PROJECT WAS THE PURCHASE OF TWO DIFFERENT PRIVATE LAND PARCELS MADE POSSIBLE WITH FUNDING SET ASIDE BY THE UTAH LEGISLATURE SPECIFICALLY FOR ACQUIRING LANDS NEEDED FOR CONNECTING THE BST. THIS INCREDIBLE DEVELOPMENT AT THE STATE LEVEL, ALONG WITH THE ENTHUSIASTIC BACKING AND ENCOURAGEMENT WE RECEIVED FROM COUNTY, MUNICIPAL, AND FEDERAL LAND MANAGERS, UNDERSCORES THE ENORMOUS EFFORT AND TIME OFTEN REQUIRED TO MAKE TRAILS A REALITY. IT ALSO DEMONSTRATES THE INCREASING VALUE BEING PLACED ON TRAIL ACCESS. WORKING WITH THE TOWN OF SPRINGDALE AND THE SOUTHERN PAIUTE TRIBE TO CREATE A SHARED-USE, DOG-FRIENDLY TRAIL INTENDED FOR LOCAL RESIDENTS WAS ALSO INCREDIBLY REWARDING. WITH THE THRONGS OF VISITORS FLOODING THE GATEWAY TOWN TO ZION NATIONAL PARK AND INUNDATING PARK TRAILS, IT WAS A SIGNIFICANT WIN TO DEVELOP A TRAIL WHERE NEIGHBORS CAN GET OUT FOR A MORNING HIKE AWAY FROM THE BUSTLE OF THE PARK. THIS PROJECT, AND THE PLANNING OF A NEW 12-ACRE CROSS- COUNTRY BIKE PARK, TO BE CONSTRUCTED IN 2024 IN KEARNS, UTAH, WILL BE DEDICATED TO KIDS WHO LACK ACCESS TO TRAILS BUT WANT TO PARTICIPATE IN UTAH'S GROWING HIGH SCHOOL MOUNTAIN BIKE LEAGUE. THIS WILL ALLOW KIDS, WITHOUT PARENTS WHO HAVE THE TIME AND RESOURCES TO DRIVE THEM TO DISTANT TRAIL SYSTEMS, AN OPPORTUNITY TO GROW THEIR SKILLS AND TRAIN CLOSE TO HOME. BOTH OF THESE PROJECTS ARE WORKING TO PROVIDE THE TRAIL EXPERIENCE CLOSE TO HOME AND LIMITING CAR TIME TO GET TO TRAILS. WHETHER IT IS CONNECTING ANOTHER LINK OF THE BONNEVILLE SHORELINE TRAIL, ARGUABLY ONE OF THE MOST IMPORTANT REGIONAL TRAILS IN THE STATE, OR SIMPLY CONNECTING UTAHNS TO NATURE AND THE OPEN SPACE IN THEIR BACKYARD, THERE IS NO SHORTAGE OF WORTHWHILE TRAIL PROJECTS AROUND THE STATE. AT TRAILS UTAH WE ARE CONSTANTLY WORKING TO IDENTIFY AND DEVELOP NEEDED TRAIL PROJECTS, PROJECTS THAT BRING A COMMUNITY A SOUGHT-AFTER RECREATIONAL AMENITY, OR A PROJECT THAT CAN HEAL AN EROSIONAL SCAR ACROSS A LANDSCAPE. THE AVERAGE OF 3-5 YEARS OF PLANNING, PERMITTING, AND FUNDRAISING BEFORE WE CAN MOVE EVEN A SHOVELFUL OF DIRT MAKES FOR A LONG GAME BUT WE ARE COMMITTED TO IT. WITH YOUR SUPPORT, WE WILL CONTINUE TO DO THE BACKGROUND WORK WHICH WILL MEAN MORE TRAIL MILES REALIZED ON THE GROUND IN 2024.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING THE FORM 990.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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