Civic Intelligence

Swatc Foundation

990 • Fiscal year 2023 • EIN 46-1233025

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 03, 2023

Organization ProfileN/A
757 W 800 South Rm 214KCedar City, UT 84720

(435) 586-2899

Siviq Scores

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

Liabilities / Assets

60th percentile

0.13x

Higher debt load relative to assets than 60% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.35x

Higher debt load relative to revenue than 75% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

91st percentile

52%

Higher net margin than 91% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$146,483

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 35.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

88th percentile

45%

Faster asset growth than 88% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

83rd percentile

48%

Faster revenue growth than 83% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$1,093,789

Up $340,890 (+45%) from 2022

Net Assets

Up

$950,965

Up $212,111 (+29%) from 2022

Liabilities

Up

$142,824

Up $128,780 (+917%) from 2022

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin91st percentile

Revenue

Up

$410,920

Up $132,366 (+48%) from 2022

Expenses

Up

$198,809

Up $138,246 (+228%) from 2022

Net Income

Down

$212,111

Down $5,880 (-2.7%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$1.5M$1.0M$500K$0Assets 2021: $668,688Liabilities 2021: $147,825Net Assets 2021: $520,8632021Assets 2022: $752,899Liabilities 2022: $14,044Net Assets 2022: $738,8542022Assets 2023: $1,093,789Liabilities 2023: $142,824Net Assets 2023: $950,9652023Assets 2024: $1,158,626Liabilities 2024: $189,576Net Assets 2024: $969,0502024

Highlighted filing

2023

Assets$1,093,789
Liabilities$142,824
Net Assets$950,965
Open 2023 Filing

Operations Trend

Revenue Growth83rd percentile

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

$600K$400K$200K$0-$200KRevenue 2021: $182,903Expenses 2021: $188,770Net Income 2021: -$5,8672021Revenue 2022: $278,554Expenses 2022: $60,563Net Income 2022: $217,9912022Revenue 2023: $410,920Expenses 2023: $198,809Net Income 2023: $212,1112023Revenue 2024: $276,250Expenses 2024: $258,165Net Income 2024: $18,0852024

Highlighted filing

2023

Revenue$410,920
Expenses$198,809
Net Income$212,111
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 3, 2023
Return Version
2022v5.0
Gross Receipts
$410,920
Mission and Program Overview

Mission

The mission of the organization is to provide funding to support the educational purposes of southwest technical college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$244,794$566,529▲ $321,735
Savings and Temporary Cash Investments$508,104$527,260▲ $19,156
Total Assets$752,898$1,093,789▲ $340,891
Liabilities
Accounts Payable and Accrued Expenses$14,044$142,824▲ $128,780
Total Liabilities$14,044$142,824▲ $128,780
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$738,854$950,965▲ $212,111
Total Net Assets Fund Balance$738,854$950,965▲ $212,111
Total Liabilities and Net Assets / Fund Balance$752,898$1,093,789▲ $340,891
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeOtherTotal
Brennan WoodPresidentPT$146,483$146,483
James MulleanauxTrusteePT$71,090$71,090
Neal MasonTrustee-$62,903$62,903
Wade EsplinTrustee-$62,548$62,548

Board Members and Trustees

NameTitle
Bruce HughesChair
Ree ZaphiropoulosVice-chair
Nicole StrandTrustee
Susan DurfeeTrustee
Liz BillerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$391,425
Program Service Revenue
$0
Investment Income
$19,495
Other Revenue
$0
All Other Contributions
$336,580
Change in Net Assets
$212,111

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 Table2$55,845Actual Costs
Total Noncash Contributions2$55,845-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$101,104
Professional Fundraising Fees$53,000
Total Fundraising Expense$53,000
Other Expenses$44,705
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$101,104--$101,104
Fees for Services Professional Fundraising--$53,000$53,000
Fees for Services Other$43,565$140-$43,705
Fees for Services Accounting-$1,000-$1,000
Total Functional Expenses$144,669$1,140$53,000$198,809
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$53,000
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
Annual disclosure for covered persons
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
Yes
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

“Brennan wood trustee employee at southwest tech col james mulleaneaux trustee employee at southwest tech col neal mason trustee employee at southwest tech col wade esplin trustee employee at southwest tech”

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

“A member of the board is a cpa who is conversant with form 990 returns and the monthly operations of the foundation and who reviews the annual return. The form 990 is also reviewed by the entire board and questions or concerns, if any, are resolved.”

Form 990, Page 6, Part VI, Line 12C

“Board members annually complete a conflict of interest form which the board monitors.”

Form 990, Page 6, Part VI, Line 19

“The organization documents are availble to the public upon request during business hours at the office of the organization at 757 w 800 south, cedar city, ut. Information is available at https://stech.edu/foundation/”

Filing and Contact Details

Filer

Filer Name
Swatc Foundation
EIN
46-1233025
Phone
4355862899
Address
757 W 800 SOUTH RM 214K, CEDAR CITY, UT 84720
Doing Business As
Southwest Tech Foundation

Signing Officer

Name
Brennan Wood
Title
President
Phone
4355862899
Signed
2023-11-03

Organization Details

Principal Officer
Brennan Wood
Formed
2012
Legal Domicile
Ut
Voting Board Members
9
Independent Board Members
5
Employees
0

Preparer

Firm
Bruce S Hughes CPA
Address
630 W 200 N, CEDAR CITY, UT 84720
Preparer
Bruce S Hughes
Phone
4352387007
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Office 16,780 0 0 equipment 21,896 0 0 supplies 1,470 0 0 bank fees 0 140 0 advertising 1,378 0 0 dues 95 0 0 postage 1,096 0 0 meetings 850 0 0 total 43,565 140 0”

Raw XML Appendix348 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt014044
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0142824
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF THE ORGANIZATION IS TO PROVIDE FUNDING TO SUPPORT THE EDUCATIONAL PURPOSES OF SOUTHWEST TECHNICAL COLLEGE.
IRS990/AllOtherContributionsAmt0336580
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0CLARISSA CROSBY
IRS990/BooksInCareOfDetail/PhoneNum04355862899
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0757 W 800 SOUTH RM 214K
IRS990/BooksInCareOfDetail/USAddress/CityNm0CEDAR CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd084720
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0244794
IRS990/CashNonInterestBearingGrp/EOYAmt0566529
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0391425
IRS990/CYGrantsAndSimilarPaidAmt0101104
IRS990/CYInvestmentIncomeAmt019495
IRS990/CYOtherExpensesAmt044705
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0212111
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0198809
IRS990/CYTotalFundraisingExpenseAmt053000
IRS990/CYTotalProfFndrsngExpnsAmt053000
IRS990/CYTotalRevenueAmt0410920
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0101,104 WAS AWARDED TO SOUTHWEST TECH STUDENTS FOR SCHOLARSHIPS AND 24,940 WAS USED TO PURCHASE NEEDED EDUCATIONAL EQUIPMENT AND IMPROVEMENTS TO THE INNOVATION CENTER AT SOUTHWEST TECH COLLEGE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0SOUTHWEST TECH FOUNDATION
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0144669
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01000
IRS990/FeesForServicesAccountingGrp/TotalAmt01000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0140
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt043565
IRS990/FeesForServicesOtherGrp/TotalAmt043705
IRS990/FeesForServicesProfFundraising/FundraisingAmt053000
IRS990/FeesForServicesProfFundraising/TotalAmt053000
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0BRENNAN WOOD
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES MULLEANAUX
IRS990/Form990PartVIISectionAGrp/PersonNm2NEAL MASON
IRS990/Form990PartVIISectionAGrp/PersonNm3WADE ESPLIN
IRS990/Form990PartVIISectionAGrp/PersonNm4LIZ BILLER
IRS990/Form990PartVIISectionAGrp/PersonNm5SUSAN DURFEE
IRS990/Form990PartVIISectionAGrp/PersonNm6BRUCE HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm7NICOLE STRAND
IRS990/Form990PartVIISectionAGrp/PersonNm8REE ZAPHIROPOULOS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0146483
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt171090
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt262903
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt362548
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE-CHAIR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0101104
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0101104
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0101104
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0410920
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt019495
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019495
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0UT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE ORGANIZATION IS TO PROVIDE FUNDING TO SUPPORT THE EDUCATIONAL PURPOSES OF SOUTHWEST TECHNICAL COLLEGE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0738854
IRS990/NetAssetsOrFundBalancesEOYAmt0950965
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0738854
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0950965
IRS990/NoncashContributionsAmt055845
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BRENNAN WOOD
IRS990/ProfessionalFundraisingInd0true
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0276022
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02130
IRS990/PYInvestmentIncomeAmt02532
IRS990/PYOtherExpensesAmt017372
IRS990/PYRevenuesLessExpensesAmt0217991
IRS990/PYTotalExpensesAmt060563
IRS990/PYTotalProfFndrsngExpnsAmt041061
IRS990/PYTotalRevenueAmt0278554
IRS990/ReconcilationRevenueExpnssAmt0212111
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt054845
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0508104
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0527260
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0391425
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0276022
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0180184
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0436196
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0156000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01439827
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt054845
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt042626
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt048075
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt047526
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt052404
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0245476
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019495
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02532
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02719
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02514
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt027260
IRS990ScheduleA/PublicSupportCY170Pct00.98410
IRS990ScheduleA/PublicSupportPY170Pct00.99550
IRS990ScheduleA/PublicSupportTotal170Amt01685303
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0446270
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0318648
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0228259
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0483722
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0208404
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01685303
IRS990ScheduleA/TotalSupportAmt01712563
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0101104
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0STUDENT SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt073
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0IN FY 2022-23 SOUTHWEST TECH FOUNDATION AWARDED 105 SCHOLARSHIPS IN THE AMOUNT OF 101,104 TO 73 SOUTHWEST TECH STUDENTS FOR TUITION AND FEES SCHOLARSHIPS. THE COLLEGE HAS A SCHOLARSHIP COMMITTEE THAT REVIEWS EACH APPLICATION AND DESIGNATES A SCHOLARSHIP SOURCE BASED ON ANY INSTRUCTIONS THAT MIGHT COME WITH THE DONATION. STUDENT SERVICES FINANCIAL AID COUNSELOR MAINTAINS A SCHOLARSHIP SPREADSHEET THAT LISTS EACH SCHOLARSHIP FUND, HOW MUCH HAS BEEN AWARDED AND THE RECIPIENT NAMES AND AMOUNTS FOR EACH AWARD. IF THE STUDENT DOES NOT USE THE AMOUNT AWARDED, THE FUNDS ARE RETURNED TO THE SCHOLARSHIP FUND TO BE AWARDED TO ANOTHER STUDENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt02
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0BUS SERVICES
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0ACTUAL COSTS
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt055845
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BRENNAN WOOD TRUSTEE EMPLOYEE AT SOUTHWEST TECH COL JAMES MULLEANEAUX TRUSTEE EMPLOYEE AT SOUTHWEST TECH COL NEAL MASON TRUSTEE EMPLOYEE AT SOUTHWEST TECH COL WADE ESPLIN TRUSTEE EMPLOYEE AT SOUTHWEST TECH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A MEMBER OF THE BOARD IS A CPA WHO IS CONVERSANT WITH FORM 990 RETURNS AND THE MONTHLY OPERATIONS OF THE FOUNDATION AND WHO REVIEWS THE ANNUAL RETURN. THE FORM 990 IS ALSO REVIEWED BY THE ENTIRE BOARD AND QUESTIONS OR CONCERNS, IF ANY, ARE RESOLVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ANNUALLY COMPLETE A CONFLICT OF INTEREST FORM WHICH THE BOARD MONITORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOCUMENTS ARE AVAILBLE TO THE PUBLIC UPON REQUEST DURING BUSINESS HOURS AT THE OFFICE OF THE ORGANIZATION AT 757 W 800 SOUTH, CEDAR CITY, UT. INFORMATION IS AVAILABLE AT HTTPS://STECH.EDU/FOUNDATION/
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICE 16,780 0 0 EQUIPMENT 21,896 0 0 SUPPLIES 1,470 0 0 BANK FEES 0 140 0 ADVERTISING 1,378 0 0 DUES 95 0 0 POSTAGE 1,096 0 0 MEETINGS 850 0 0 TOTAL 43,565 140 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0UT
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0752898
IRS990/TotalAssetsEOYAmt01093789
IRS990/TotalAssetsGrp/BOYAmt0752898
IRS990/TotalAssetsGrp/EOYAmt01093789
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0391425
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt053000
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01140
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0144669
IRS990/TotalFunctionalExpensesGrp/TotalAmt0198809
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014044
IRS990/TotalLiabilitiesEOYAmt0142824
IRS990/TotalLiabilitiesGrp/BOYAmt014044
IRS990/TotalLiabilitiesGrp/EOYAmt0142824
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0738854
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0950965
IRS990/TotalProgramServiceExpensesAmt0144669
IRS990/TotalRevenueGrp/ExclusionAmt019495
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0410920
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0752898
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01093789
IRS990/TotReportableCompRltdOrgAmt0343024
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0757 W 800 SOUTH
IRS990/USAddress/CityNm0CEDAR CITY
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084720
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BRENNAN WOOD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04355862899
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SWATC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SWAT
ReturnHeader/Filer/EIN0461233025
ReturnHeader/Filer/PhoneNum04355862899
ReturnHeader/Filer/USAddress/AddressLine1Txt0757 W 800 SOUTH RM 214K
ReturnHeader/Filer/USAddress/CityNm0CEDAR CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084720
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463719401
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRUCE S HUGHES CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0630 W 200 N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CEDAR CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084720
ReturnHeader/PreparerPersonGrp/PhoneNum04352387007
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRUCE S HUGHES
ReturnHeader/ReturnTs02024-01-26T17:06:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRENNAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WOOD
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,093,789
Liabilities
$142,824
Net assets
$950,965
Revenue
$410,920
Expenses
$198,809
Net income
$212,111
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.19$0.97$0.28$0.26$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.09$0.14$0.95$0.41$0.20$0.21
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.01$0.74$0.28$0.06$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.15$0.52$0.18$0.19$0.01