Civic Intelligence

Ugf Institute Inc

EIN 47-2584227 • 501(c)3 • Salt Lake City, UT

Profile

The ugf institute provides an unparalleled, hands-on venture capital and private equity educational experience. The primary activity of the institute is giving university students the opportunity to interact directly with entrepreneurs and other investors as they perform due diligence and play a key role in the investment decision making process. By giving these students the ability to play a key role in making actual investment decisions, students are able to learn entrepreneurship and investing at a much deeper level than what can be achieved in a classroom. The majority of companies supported by the institute create, or support, jobs for low to moderate income individuals.

299 South Main Street Suite 357Salt Lake City, UT 84111

www.ugrowthfund.com

Siviq Scores

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

Liabilities / Assets

98th percentile

10.50x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

1.13x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

27th percentile

-15%

Higher net margin than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

18th percentile

-58%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

-16%

Faster revenue growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$14,325

Down $19,406 (-58%) from 2023

Liabilities

Up

$150,464

Up $284 (+0.2%) from 2023

Net Assets

Down

-$136,139

Down $19,690 (-17%) from 2023

Operations
Liabilities / Revenue95th percentileNet Margin27th percentile

Revenue

Down

$132,919

Down $25,507 (-16%) from 2023

Expenses

Down

$152,609

Down $132,368 (-46%) from 2023

Net Income

Up

-$19,690

Up $106,861 (+84%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

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

$300K$200K$100K$0-$100K-$200KAssets 2020: $119,140Liabilities 2020: $52,510Net Assets 2020: $66,6302020Assets 2021: $229,650Liabilities 2021: $49,635Net Assets 2021: $180,0152021Assets 2022: $56,484Liabilities 2022: $46,383Net Assets 2022: $10,1012022Assets 2023: $33,731Liabilities 2023: $150,180Net Assets 2023: -$116,4492023Assets 2024: $14,325Liabilities 2024: $150,464Net Assets 2024: -$136,1392024

Highlighted filing

2024

Assets$14,325
Liabilities$150,464
Net Assets-$136,139
Open 2024 Filing

Operations Trend

Revenue Growth37th percentile

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

$400K$200K$0-$200KRevenue 2020: $121,000Expenses 2020: $95,024Net Income 2020: $25,9762020Revenue 2021: $369,000Expenses 2021: $255,615Net Income 2021: $113,3852021Revenue 2022: $184,095Expenses 2022: $329,009Net Income 2022: -$144,9142022Revenue 2023: $158,426Expenses 2023: $284,977Net Income 2023: -$126,5512023Revenue 2024: $132,919Expenses 2024: $152,609Net Income 2024: -$19,6902024

Highlighted filing

2024

Revenue$132,919
Expenses$152,609
Net Income-$19,690
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$14,325
Liabilities
$150,464
Net assets
-$136,139
Revenue
$132,919
Expenses
$152,609
Net income
-$19,690
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$1.50$1.36$1.33$1.53$0.20
2023Summary only. Only limited summary data is available for this year.$0.34$1.50$1.16$1.58$2.85$1.27
2022Summary only. Only limited summary data is available for this year.$0.56$0.46$0.10$1.84$3.29$1.45
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.50$1.80$3.69$2.56$1.13
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.53$0.67$1.21$0.95$0.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 23, 2025
Return Version
2024v5.1
Gross Receipts
$132,919
Mission and Program Overview

Mission

The ugf institute provides an unparalleled, hands-on venture capital and private equity educational experience. The primary activity of the institute is giving university students the opportunity to interact directly with entrepreneurs and other investors as they perform due diligence and play a key role in the investment decision making process. By giving these students the ability to play a key role in making actual investment decisions, students are able to learn entrepreneurship and investing at a much deeper level than what can be achieved in a classroom. The majority of companies supported by the institute create, or support, jobs for low to moderate income individuals.

The ugf institute provides an unparalleled, hands-on venture capital and private equity educational experience for students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$150,180$150,464▲ $284
Cash and Non-Interest-Bearing Accounts$28,197$8,791▼ $19,406
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$33,731$14,325▼ $19,406
Other Assets Total$5,534$5,534→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Other Liabilities$0$0→ $0
Total Liabilities$150,180$150,464▲ $284
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-116,449$-136,139▼ $19,690
Total Net Assets Fund Balance$-116,449$-136,139▼ $19,690
Total Liabilities and Net Assets / Fund Balance$33,731$14,325▼ $19,406

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$5,534--
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Jan BergesonChair
Tom StringhamPresident
Bert RobertsBoard Member
Christie PalmerBoard Member
Franklin MclartyBoard Member
Manisha SahaiBoard Member
Paul FjeldstedBoard Member
Scott PickettBoard Member
Ted RothBoard Member
Peter HarrisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$132,919
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$132,919
Change in Net Assets
$-19,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$91,713
Grants and Similar Amounts Paid$60,308
Salaries, Compensation, and Employee Benefits$588
Total Fundraising Expense$59
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$60,308--$60,308
Occupancy$0$46,474$0$46,474
Travel$0$29,221$0$29,221
Fees for Services Accounting$0$6,945$0$6,945
Fees for Services Other$0$6,418$0$6,418
Office Expenses$0$1,522$0$1,522
Other Expenses$0$1,133$0$1,133
Other Salaries and Wages$470$59$59$588
Total Functional Expenses$60,778$91,772$59$152,609
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Loans from Officers, Directors, Trustees, and Key Employees$150,180$150,464▲ $284
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
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, Part VI, Line 11B Review of form 990 by governing body

“The organization's finance team reviews the form 990 prior to filing it with the irs.”

Form 990, Part VI, Line 19 Required documents available to the public

“The financial and governing documents of the organization are available to the public upon request at the principal address of the organization.”

Filing and Contact Details

Filer

Filer Name
UGF Institute Inc
EIN
47-2584227
Phone
8015319100
Address
299 South Main Street Suite 357, Salt Lake City, UT 84111

Signing Officer

Name
Tom Stringham
Title
President
Phone
8014105411
Signed
2025-07-23
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
Ut
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
65

Preparer

Firm
Forvis Mazars LLP
Address
250 E 200 S Suite 1200, Salt Lake City, UT 84111
Preparer
Adam R Smith
Phone
8015319100
Raw XML AppendixShowing 400 of 444 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE UGF INSTITUTE PROVIDES AN UNPARALLELED, HANDS-ON VENTURE CAPITAL AND PRIVATE EQUITY EDUCATIONAL EXPERIENCE FOR STUDENTS.
IRS990/AllOtherContributionsAmt0132919
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt00
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BenefitsToMembersGrp/ProgramServicesAmt00
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TOM STRINGHAM
IRS990/BooksInCareOfDetail/PhoneNum08014105411
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0299 SOUTH MAIN SUITE 357
IRS990/BooksInCareOfDetail/USAddress/CityNm0SALT LAKE CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd084111
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt028197
IRS990/CashNonInterestBearingGrp/EOYAmt08791
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0132919
IRS990/CYGrantsAndSimilarPaidAmt060308
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt091713
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-19690
IRS990/CYSalariesCompEmpBnftPaidAmt0588
IRS990/CYTotalExpensesAmt0152609
IRS990/CYTotalFundraisingExpenseAmt059
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0132919
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE UGF INSTITUTE PROVIDES AN OPPORTUNITY FOR STUDENTS TO GAIN EXPERIENCE IN A BROAD RANGE OF BUSINESS PRACTICES WHILE PROVIDING VALUE-ADDED SERVICES TO A VARIETY OF BUSINESSES, INCLUDING THE FIRMS WITH WHICH THE FUND CO-INVESTS AND THE PORTFOLIO COMPANIES IN WHICH THE FUND INVESTS. STUDENTS GAIN A HANDS-ON EDUCATION IN CORPORATE FINANCE AND BUSINESS OPERATIONS. THEY ALSO DEVELOP A GREATER AWARENESS AND APPRECIATION OF THE IMPORTANCE OF PROMOTING ECONOMIC DEVELOPMENT AND COMMUNITY WELFARE THROUGH INVESTING IN SMALL BUSINESSES. THE INSTITUTE ALSO PROVIDES SCHOLARSHIPS AND OTHER EXPERIENTIAL LEARNING OPPORTUNITIES TO SUPPORT STUDENTS PARTICIPATING IN THE PROGRAM.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt060778
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06945
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt06945
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06418
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt06418
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt00
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.0
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/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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0JAN BERGESON
IRS990/Form990PartVIISectionAGrp/PersonNm1TOM STRINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm2BERT ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRISTIE PALMER
IRS990/Form990PartVIISectionAGrp/PersonNm4FRANKLIN MCLARTY
IRS990/Form990PartVIISectionAGrp/PersonNm5MANISHA SAHAI
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL FJELDSTED
IRS990/Form990PartVIISectionAGrp/PersonNm7SCOTT PICKETT
IRS990/Form990PartVIISectionAGrp/PersonNm8TED ROTH
IRS990/Form990PartVIISectionAGrp/PersonNm9PETER HARRIS
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt060308
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt060308
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt060308
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0132919
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0UT
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0150180
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0150464
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0THE UGF INSTITUTE PROVIDES AN UNPARALLELED, HANDS-ON VENTURE CAPITAL AND PRIVATE EQUITY EDUCATIONAL EXPERIENCE. THE PRIMARY ACTIVITY OF THE INSTITUTE IS GIVING UNIVERSITY STUDENTS THE OPPORTUNITY TO INTERACT DIRECTLY WITH ENTREPRENEURS AND OTHER INVESTORS AS THEY PERFORM DUE DILIGENCE AND PLAY A KEY ROLE IN THE INVESTMENT DECISION MAKING PROCESS. BY GIVING THESE STUDENTS THE ABILITY TO PLAY A KEY ROLE IN MAKING ACTUAL INVESTMENT DECISIONS, STUDENTS ARE ABLE TO LEARN ENTREPRENEURSHIP AND INVESTING AT A MUCH DEEPER LEVEL THAN WHAT CAN BE ACHIEVED IN A CLASSROOM. THE MAJORITY OF COMPANIES SUPPORTED BY THE INSTITUTE CREATE, OR SUPPORT, JOBS FOR LOW TO MODERATE INCOME INDIVIDUALS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-116449
IRS990/NetAssetsOrFundBalancesEOYAmt0-136139
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-116449
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-136139
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt046474
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt046474
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01522
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt01522
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05534
IRS990/OtherAssetsTotalGrp/EOYAmt05534
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0STUDENT APPRECIATION
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01133
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/TotalAmt01133
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt059
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt059
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0470
IRS990/OtherSalariesAndWagesGrp/TotalAmt0588
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliciesReferenceChaptersInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0TOM STRINGHAM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0158426
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt093823
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt095743
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-126551
IRS990/PYSalariesCompEmpBnftPaidAmt095411
IRS990/PYTotalExpensesAmt0284977
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0158426
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-19690
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0IN 2024, UGF INSTITUTE, INC. (UGF) SAW ITS PUBLIC SUPPORT PERCENTAGE DROP BELOW 26%. ALTHOUGH MOST DONATIONS AND SUPPORT RECEIVED ARE REPRESENTATIVE OF THE COMMUNITY SERVED, HISTORIC DONATIONS FROM ONE LARGE DONOR RESULTED IN A LOWER PUBLIC SUPPORT PERCENTAGE THIS YEAR. UGF CONTINUES TO WORK TO DIVERSIFY ITS FUNDING BASE AND INCREASE ITS PUBLIC SUPPORT. UGF IS A PUBLICLY SUPPORTED CHARITY, AS EVIDENCED BY ITS REPRESENTATIVE GOVERNING BODY. OVER HALF OF THE GOVERNING BOARD ARE LEADERS IN THE COMMUNITY WITH NO AFFILIATIONS TO THE RELATED UGF ORGANIZATIONS. OTHER MEMBERS OF THE GOVERNING BOARD HAVE AN EXPERTISE IN THE VENTURE CAPITAL AND PRIVATE EQUITY AREA AND ARE THE BOARD TO HELP UGF IN EDUCATING THE SCHOLARSHIP RECIPIENTS IN THIS FIELD. UGF PROVIDES SCHOLARSHIPS TO STUDENTS DESIRING TO ENTER THE VENTURE CAPITAL AND PRIVATE EQUITY INDUSTRY. THE SCHOLARSHIP RECIPIENTS ARE CHOSEN FROM A POOL OF CLOSE TO 300 APPLICANTS REPRESENTING THE PUBLIC AND THE PUBLIC IS BENEFITED THROUGH THE ENHANCED EDUCATION AND EXPERIENCE THESE STUDENTS RECEIVE IN THE VENTURE CAPITAL AND PRIVATE EQUITY INDUSTRY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 17a DESCRIPTION OF FACTS AND CIRCUMSTANCES
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0132919
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0158426
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0184095
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0369000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0121000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0965440
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.25479
IRS990ScheduleA/PublicSupportPY170Pct00.25197
IRS990ScheduleA/PublicSupportTotal170Amt0245984
IRS990ScheduleA/SubstantialContributorsTotAmt0719456
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0132919
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0158426
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0184095
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0369000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0121000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0965440
IRS990ScheduleA/TotalSupportAmt0965440
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05534
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05534
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt060308
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt079
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0UGF INSTITUTE, INC, AWARDS SCHOLARSHIPS TO INDIVIDUALS THAT INTERN FOR THE ORGANIZATION. RECIPIENTS MUST BE CURRENT COLLEGE STUDENTS AND THE SCHOLARSHIP IS AWARDED WITH THE UNDERSTANDING THAT THE MONEY IS FOR TUITION, BOOKS, OR OTHER SCHOOL RELATED EXPENSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0150464
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0UNIVERSITY GROWTH FUND MANAGEMENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO COVER SHORTFALLS FOR SCHOLARSHIPS AND EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0150464
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0SEE PART V
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0TOM STRINGHAM, PRESIDENT OF UGF INSTITUTE, INC., HAS A GREATER THAN 35% INTEREST IN UNIVERSITY GROWTH FUND MANAGEMENT.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part II, Column (b) RELATIONSHIP WITH ORGANIZATION
IRS990ScheduleL/TotalBalanceDueAmt0150464
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S FINANCE TEAM REVIEWS THE FORM 990 PRIOR TO FILING IT WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FINANCIAL AND GOVERNING DOCUMENTS OF THE ORGANIZATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE PRINCIPAL ADDRESS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19 Required documents available to the public
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0UT
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt033731
IRS990/TotalAssetsEOYAmt014325
IRS990/TotalAssetsGrp/BOYAmt033731
IRS990/TotalAssetsGrp/EOYAmt014325
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0132919
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt059
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt091772
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt060778
IRS990/TotalFunctionalExpensesGrp/TotalAmt0152609
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0150180
IRS990/TotalLiabilitiesEOYAmt0150464
IRS990/TotalLiabilitiesGrp/BOYAmt0150180
IRS990/TotalLiabilitiesGrp/EOYAmt0150464
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-116449
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-136139
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt060778
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0132919
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt065
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt033731
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014325
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.