Civic Intelligence

The Orrin G Hatch Foundation

990 • Fiscal year 2019 • EIN 47-4823732

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 22, 2020

411 East South TempleSalt Lake City, UT 84111

(385) 355-4380

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

6th percentile

0.00x

Higher debt load relative to revenue than 6% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

97th percentile

79%

Higher net margin than 97% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

79th percentile

$305,443

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

95th percentile

62%

Faster asset growth than 95% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

91st percentile

61%

Faster revenue growth than 91% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$18,529,900

Up $7,113,617 (+62%) from 2018

Net Assets

Up

$18,503,882

Up $7,187,027 (+64%) from 2018

Liabilities

Down

$26,018

Down $73,410 (-74%) from 2018

Revenue

Up

$9,105,589

Up $3,445,610 (+61%) from 2018

Expenses

Up

$1,918,562

Up $950,456 (+98%) from 2018

Net Income

Up

$7,187,027

Up $2,495,154 (+53%) from 2018

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2015: $1Liabilities 2015: $02015Assets 2016: $5,347,116Liabilities 2016: $0Net Assets 2016: $5,347,1162016Assets 2017: $6,685,911Liabilities 2017: $60,929Net Assets 2017: $6,624,9822017Assets 2018: $11,416,283Liabilities 2018: $99,428Net Assets 2018: $11,316,8552018Assets 2019: $18,529,900Liabilities 2019: $26,018Net Assets 2019: $18,503,8822019Assets 2020: $20,209,519Liabilities 2020: $64,875Net Assets 2020: $20,144,6442020Assets 2021: $20,026,805Liabilities 2021: $6,753,463Net Assets 2021: $13,273,3422021Assets 2022: $16,756,277Liabilities 2022: $6,013,095Net Assets 2022: $10,743,1822022Assets 2023: $17,015,069Liabilities 2023: $5,011,866Net Assets 2023: $12,003,2032023Assets 2024: $16,860,504Liabilities 2024: $3,116,975Net Assets 2024: $13,743,5292024

Highlighted filing

2019

Assets$18,529,900
Liabilities$26,018
Net Assets$18,503,882

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $5,851,855Expenses 2016: $504,739Net Income 2016: $5,347,1162016Revenue 2017: $1,856,596Expenses 2017: $578,730Net Income 2017: $1,277,8662017Revenue 2018: $5,659,979Expenses 2018: $968,106Net Income 2018: $4,691,8732018Revenue 2019: $9,105,589Expenses 2019: $1,918,562Net Income 2019: $7,187,0272019Revenue 2020: $3,833,470Expenses 2020: $2,000,281Net Income 2020: $1,833,1892020Revenue 2021: $2,966,920Expenses 2021: $9,838,222Net Income 2021: -$6,871,3022021Revenue 2022: $943,226Expenses 2022: $1,009,077Net Income 2022: -$65,8512022Revenue 2023: $1,083,986Expenses 2023: $930,359Net Income 2023: $153,6272023Revenue 2024: $1,097,945Expenses 2024: $917,640Net Income 2024: $180,3052024

Highlighted filing

2019

Revenue$9,105,589
Expenses$1,918,562
Net Income$7,187,027
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 22, 2020
Return Version
2019v5.0
Gross Receipts
$9,243,275
Mission and Program Overview

Mission

The orrin g. Hatch foundation is an incubator for policy scholarship, a forum for political discourse, a springboard for civic engagement, and a world-class repository of modern american legislative history known as the orrin g. Hatch collection.

The orrin g. Hatch foundation is an incubator for policy scholarship, a forum for political discourse, a springboard for civic engagement, and a world-class repository of modern american legislative history know as the orrin g. Hatch collection.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,313,074$16,347,894▲ $9,034,820
Pledges and Grants Receivable$4,093,261$1,177,428▼ $2,915,833
Prepaid Expenses and Deferred Charges$9,948$10,164▲ $216
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$11,416,283$18,529,900▲ $7,113,617
Other Assets Total-$994,414-
Liabilities
Accounts Payable and Accrued Expenses$99,428$26,018▼ $73,410
Total Liabilities$99,428$26,018▼ $73,410
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,964,032$16,151,059▲ $7,187,027
Net Assets With Donor Restrictions$2,352,823$2,352,823→ $0
Total Net Assets Fund Balance$11,316,855$18,503,882▲ $7,187,027
Total Liabilities and Net Assets / Fund Balance$11,416,283$18,529,900▲ $7,113,617

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$994,414--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Matthew SandgrenBoardmemberFT$305,443$305,443
Sara EbertDirectorFT$95,091$95,091

Board Members and Trustees

NameTitle
A Scott AndersonChairman
John K CastleBoard Member
Kem C GardnerBoard Member
Spencer ZwickBoard Member
Trent ChristensenBoard Member
Gordon H SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,178,317
Program Service Revenue
$0
Investment Income
$62,186
Other Revenue
$-134,914
All Other Contributions
$8,550,197
Change in Net Assets
$7,187,027

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,105,589
Total Revenue per Audited Statements
$9,105,589
Total Revenue per Form 990
$9,105,589
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Total Fundraising Expense$921,043
Professional Fundraising Fees$742,200
Salaries, Compensation, and Employee Benefits$678,410
Other Expenses$497,952
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Professional Fundraising--$742,200$742,200
Current Officers, Directors, Trustees, and Key Employees$260,347$80,107$60,080$400,534
Fees for Services Other$127,208$71,646$59,165$258,019
Other Salaries and Wages$129,964$39,989$29,992$199,945
Travel$37,850$8,729$6,493$53,072
Other Employee Benefits$29,127$7,150$5,955$42,232
Occupancy$21,443$16,958$3,687$42,088
Office Expenses$23,692$11,847$2,513$38,052
Payroll Taxes$22,842$7,904$4,953$35,699
Fees for Services Accounting-$32,032-$32,032
All Other Expenses$3,048$5,913$3,101$12,062
Insurance$6,138$3,376$716$10,230
Other Expenses$3,025$4,301$360$4,301
Fees for Services Legal-$3,000-$3,000
Advertising-$380-$380
Total Functional Expenses$682,772$314,747$921,043$1,918,562

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,918,562
Total Expenses per Audited Statements$1,918,562
Total Expenses per Form 990$1,918,562
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$742,200
Fundraising Direct Expenses$137,686

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Public Policy & Civic Engagement$275,000-$865-
Golf Challenge$187,643-$2,516-
Total Events$628,120-$137,686$-137,686
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 Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The organization hires an independent accounting firm to audit the organization's financial statements as well as prepare the organization's form 990. A copy of the form 990 is provided to the organization's management cumsultant and legal counsel for initial review. After any necessary changes are made, a copy of the form 990 is provided to the board of directos for their review prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

In accordance with the organization's conflict of interest policy, each director and officer is required to annually sign a statement which affirms that they have recieved a copy of the policy, read and understand the policy, agree to comply with the policy. Directors and officers have an ongoing obligation to disclose any potential conflictsn to the organizations's president. Whena potential connflict is disclosed, the organization's president brings the matter before the board of directors to determine whether a conflict exists and, if so, how to address the conflict. The officer or director with the potential or actual conflict is prohibited from participating in the deliberations and voting on the matter.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The governing documents, conflict of interest policy, and financial statements will be available upon request.

Filing and Contact Details

Filer

Filer Name
The Orrin G Hatch Foundation
EIN
47-4823732
Phone
3853554380
Address
411 East South Temple, Salt Lake City, UT 84111

Signing Officer

Name
Matthew Sandgren
Title
Executive Director
Signed
2020-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Sandgren
Formed
2015
Legal Domicile
Ut
Voting Board Members
5
Independent Board Members
5
Employees
5

Preparer

Firm
Morris & Dredge
Address
678 East Vine Street 11, Salt Lake City, UT 84107
Preparer
Guy V Morris
Phone
8012884135
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IRS990/NetAssetsOrFundBalancesEOYAmt018503882
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08964032
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt016151059
IRS990/NoncashContributionsAmt020860
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IRS990/OccupancyGrp/FundraisingAmt03687
IRS990/OccupancyGrp/ManagementAndGeneralAmt016958
IRS990/OccupancyGrp/ProgramServicesAmt021443
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IRS990/OfficeExpensesGrp/FundraisingAmt02513
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011847
IRS990/OfficeExpensesGrp/ProgramServicesAmt023692
IRS990/OfficeExpensesGrp/TotalAmt038052
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0994414
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05955
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07150
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt029127
IRS990/OtherEmployeeBenefitsGrp/TotalAmt042232
IRS990/OtherExpensesGrp/Desc0Dues and Subscriptions
IRS990/OtherExpensesGrp/Desc1Relocation
IRS990/OtherExpensesGrp/Desc2Postage and Shipping
IRS990/OtherExpensesGrp/Desc3License
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IRS990/OtherExpensesGrp/FundraisingAmt1360
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08618
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111133
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21664
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt34301
IRS990/OtherExpensesGrp/ProgramServicesAmt015670
IRS990/OtherExpensesGrp/ProgramServicesAmt12418
IRS990/OtherExpensesGrp/ProgramServicesAmt23025
IRS990/OtherExpensesGrp/TotalAmt026116
IRS990/OtherExpensesGrp/TotalAmt113551
IRS990/OtherExpensesGrp/TotalAmt25049
IRS990/OtherExpensesGrp/TotalAmt34301
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IRS990/OtherRevenueMiscGrp/ExclusionAmt02772
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IRS990/OtherRevenueTotalAmt02772
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt029992
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0129964
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IRS990/PayrollTaxesGrp/FundraisingAmt04953
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07904
IRS990/PayrollTaxesGrp/ProgramServicesAmt022842
IRS990/PayrollTaxesGrp/TotalAmt035699
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt04093261
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01177428
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09948
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010164
IRS990/PrincipalOfficerNm0Matthew Sandgren
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IRS990/PYContributionsGrantsAmt06320937
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt029139
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IRS990/PYTotalExpensesAmt0968106
IRS990/PYTotalProfFndrsngExpnsAmt0113119
IRS990/PYTotalRevenueAmt05659979
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IRS990/ReconcilationRevenueExpnssAmt07187027
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
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IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02011371
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05855808
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021788875
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021788875
IRS990ScheduleA/TotalSupportAmt021788875
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt01918562
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IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt07331500
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IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0Red River Co
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt0742200
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt08501 Bayside Road C4-D
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Chesapeake Beach
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0MD
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt0165477
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0137686
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Public Policy & Civic Engagement
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Golf Challenge
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-137686
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt040657
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02516
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
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IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt022476
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt060198
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0CA
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IRS990ScheduleG/LicensedStatesCd2DC
IRS990ScheduleG/LicensedStatesCd3FL
IRS990ScheduleG/LicensedStatesCd4GA
IRS990ScheduleG/LicensedStatesCd5IL
IRS990ScheduleG/LicensedStatesCd6KS
IRS990ScheduleG/LicensedStatesCd7MA

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