Civic Intelligence

Wasatch Group Food Pantry Foundation

990 • Fiscal year 2020 • EIN 84-4031308

Jan 01, 2020 to Dec 31, 2020 • Filed on May 13, 2021

595 S Riverwoods Parkway Suite 400Logan, UT 84321

(435) 755-2000

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

89th percentile

49%

Higher net margin than 89% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

43rd percentile

3.3%

Faster asset growth than 43% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-93%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$629,160

Up $19,868 (+3.3%) from 2019

Net Assets

Up

$629,160

Up $19,868 (+3.3%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$40,480

Down $568,812 (-93%) from 2019

Expenses

Up

$20,612

Up $20,612 from 2019

Net Income

Down

$19,868

Down $589,424 (-97%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2019: $609,292Liabilities 2019: $0Net Assets 2019: $609,2922019Assets 2020: $629,160Liabilities 2020: $0Net Assets 2020: $629,1602020Assets 2021: $630,052Liabilities 2021: $0Net Assets 2021: $630,0522021Assets 2022: $606,969Liabilities 2022: $0Net Assets 2022: $606,9692022Assets 2023: $586,229Liabilities 2023: $0Net Assets 2023: $586,2292023Assets 2024: $584,886Liabilities 2024: $0Net Assets 2024: $584,8862024

Highlighted filing

2020

Assets$629,160
Liabilities$0
Net Assets$629,160

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2019: $609,292Expenses 2019: $0Net Income 2019: $609,2922019Revenue 2020: $40,480Expenses 2020: $20,612Net Income 2020: $19,8682020Revenue 2021: $31,292Expenses 2021: $30,400Net Income 2021: $8922021Revenue 2022: $8,317Expenses 2022: $31,400Net Income 2022: -$23,0832022Revenue 2023: $9,667Expenses 2023: $30,407Net Income 2023: -$20,7402023Revenue 2024: $6,954Expenses 2024: $8,297Net Income 2024: -$1,3432024

Highlighted filing

2020

Revenue$40,480
Expenses$20,612
Net Income$19,868
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 13, 2021
Return Version
2020v4.1
Gross Receipts
$40,480
Mission and Program Overview

Mission

Provide financial support to the cache community food pantry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$609,292$611,642▲ $2,350
Cash and Non-Interest-Bearing Accounts$0$17,518▲ $17,518
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$609,292$629,160▲ $19,868
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$609,292$629,160▲ $19,868
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$609,292$629,160▲ $19,868
Total Liabilities and Net Assets / Fund Balance$609,292$629,160▲ $19,868

Asset Categories

AssetBook ValueDepreciationBasis
Closely Held Equity Interests$611,642--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matthew WhittakerPresident, Trustee
Dell Loy HansenVice President, Trustee
Jake NetzleyTrustee
Theo ThompsonTrustee
Ryan LindseySecretary
Frank CoppinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$40,480
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$19,868
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$20,000
Other Expenses$612
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$20,000--$20,000
Fees for Services Other-$612-$612
Total Functional Expenses$20,000$612$0$20,612
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cache Community Food PantryLogan, UT-Provide Financial Support to the Cache County Community Food Pantry.$20,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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$0$0→ $0
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
No
Annual disclosure for covered persons
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 2

Form 990, part vi, line 2 - related party information among officers. Frank coppin dell loy hansen treasurer vice president employee/employer ryan lindsey dell loy hansen secretary vice president employee/employer

Form 990, Part VI, Line 11B

Form 990, part vi, line 11b - organization's process to review form 990. A copy of the tax return is provided to each member by mail or email for their review.

Form 990, Part VI, Line 19

Form 990, part vi, line 19 - governing documents disclosure explanation. Governing documents, policies, and financial statements are available to the public upon reasonable request during business/office hours.

Filing and Contact Details

Filer

Filer Name
Wasatch Group Food Pantry Foundation
EIN
84-4031308
In Care Of
% RYAN LINDSEY
Phone
4357552000
Address
595 S Riverwoods Parkway Suite 400, Logan, UT 84321

Signing Officer

Name
Dell Loy Hansen
Title
Trustee
Phone
4357552000
Signed
2021-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dell Loy Hansen
Formed
2019
Legal Domicile
Ut
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Wasatch Acquisitions & Capital Inc
Address
595 S Riverwoods Pkwy Ste 400, Logan, UT 84321
Preparer
Frank E Coppin CPA
Phone
4357552000
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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