Civic Intelligence

Utah Foundation

990 • Fiscal year 2011 • EIN 87-0199245

Jan 01, 2011 to Dec 31, 2011 • Filed on May 08, 2012

10 West Broadway Suite 307Room/Suite 30784101-2002
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$121,997

Flat from 2011

Net Assets

Flat

$109,651

Flat from 2011

Liabilities

Flat

$12,346

Flat from 2011

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$283,586

Flat from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $100,913Liabilities 2010: $5,667Net Assets 2010: $95,2462010Assets 2011: $121,997Liabilities 2011: $12,346Net Assets 2011: $109,6512011Assets 2011: $121,997Liabilities 2011: $12,346Net Assets 2011: $109,6512011Assets 2012: $126,267Liabilities 2012: $11,445Net Assets 2012: $114,8222012Assets 2013: $140,412Liabilities 2013: $6,221Net Assets 2013: $134,1912013Assets 2014: $297,796Liabilities 2014: $15,545Net Assets 2014: $282,2512014Assets 2015: $170,143Liabilities 2015: $17,178Net Assets 2015: $152,9652015Assets 2016: $118,521Liabilities 2016: $13,974Net Assets 2016: $104,5472016Assets 2017: $57,910Liabilities 2017: $31,698Net Assets 2017: $26,2122017Assets 2018: $89,617Liabilities 2018: $22,674Net Assets 2018: $66,9432018Assets 2019: $160,550Liabilities 2019: $16,417Net Assets 2019: $144,1332019Assets 2020: $328,212Liabilities 2020: $42,881Net Assets 2020: $285,3312020Assets 2021: $559,958Liabilities 2021: $26,476Net Assets 2021: $533,4822021Assets 2022: $595,180Liabilities 2022: $62,510Net Assets 2022: $532,6702022Assets 2023: $568,817Liabilities 2023: $50,457Net Assets 2023: $518,3602023Assets 2024: $460,876Liabilities 2024: $29,748Net Assets 2024: $431,1282024

Highlighted filing

2011

Assets$121,997
Liabilities$12,346
Net Assets$109,651

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $357,9892010Expenses 2011: $283,5862011Revenue 2011: $297,991Expenses 2011: $283,586Net Income 2011: $14,4052011Expenses 2012: $407,0272012Revenue 2013: $383,429Expenses 2013: $364,060Net Income 2013: $19,3692013Revenue 2014: $600,952Expenses 2014: $452,892Net Income 2014: $148,0602014Revenue 2015: $581,270Expenses 2015: $710,556Net Income 2015: -$129,2862015Revenue 2016: $610,902Expenses 2016: $659,320Net Income 2016: -$48,4182016Revenue 2017: $526,798Expenses 2017: $605,133Net Income 2017: -$78,3352017Revenue 2018: $590,435Expenses 2018: $549,704Net Income 2018: $40,7312018Revenue 2019: $618,447Expenses 2019: $541,257Net Income 2019: $77,1902019Revenue 2020: $657,206Expenses 2020: $516,008Net Income 2020: $141,1982020Revenue 2021: $702,563Expenses 2021: $454,412Net Income 2021: $248,1512021Revenue 2022: $503,426Expenses 2022: $504,238Net Income 2022: -$8122022Revenue 2023: $496,334Expenses 2023: $510,644Net Income 2023: -$14,3102023Revenue 2024: $473,338Expenses 2024: $560,567Net Income 2024: -$87,2292024

Highlighted filing

2011

Revenue-
Expenses$283,586
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
May 8, 2012
Return Version
2011v1.2
Gross Receipts
$297,991
Mission and Program Overview

Mission

Utah foundation's mission is to produce objective, thorough and well- reasoned research and analysis that promotes the effective use of public resources, a thriving economy, a well-prepared workforce and a high quality of life for utahns. Utah foundation seeks to help decision-makers and citizens understand and address complex issues. Utah foundation also offers constructive guidance to improve governmental policies, programs and structures. Utah foundation is an independent, nonpartisan, nonprofit research organization.

Filing and Contact Details

Filer

EIN
87-0199245
Raw XML AppendixShowing 400 of 654 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.

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IRS990/Description01. TAX BURDEN UPDATE UTAH FOUNDATION UPDATED ITS REPORT ON UTAH'S TAX AND FEE BURDEN AND HOW IT COMPARES TO OTHER STATES. THIS REPORT EXAMINED UTAH'S TAX BURDEN USING COMPREHENSIVE FIGURES ON STATE AND LOCAL GOVERNMENT FINANCES FROM THE CENSUS BUREAU. THE DATA SHOWED UTAH'S TAX BURDEN REMAINED FAIRLY STABLE BETWEEN 1993 AND 2008, ALTHOUGH THE BURDEN PER 1,000 OF PERSONAL INCOME FELL BY ABOUT SIX DOLLARS FROM 2007 TO 2008. THE REPORT ALSO ESTIMATED UTAH'S DEMAND FOR THE STATE'S SIX-LARGEST GOVERNMENT-FUNDED SERVICES, REVEALING THAT UTAH'S DEMAND FOR K-12 AND HIGHER EDUCATION SERVICES IS WELL ABOVE THE NATIONAL AVERAGE. (CONTINUED ON SCHEDULE O) THE FACT THAT THE LARGEST PORTION OF UTAH'S STATE AND LOCAL GOVERNMENT EXPENDITURES IS FOR EDUCATION-RELATED SERVICES-SERVICES UTAH HAS THE HIGHEST DEMAND FOR IN THE COUNTRY-PUTS UTAH'S COMPARATIVELY HIGH TAX BURDEN IN PERSPECTIVE. 2. EDUCATION FUNDING EFFORT UPDATE UTAH FOUNDATION HAS PUBLISHED SEVERAL REPORTS ON UTAH'S FUNDING EFFORT IN THE PAST, EVEN COINING THE TERM "UTAH'S EDUCATION PARADOX," REFERRING TO THE FACT THAT THOUGH OUR PER PUPIL EXPENDITURE WAS CONSISTENTLY THE LOWEST IN THE COUNTRY, UTAH SPENT A HIGH PROPORTION OF PERSONAL INCOME ON K-12 PUBLIC EDUCATION. HOWEVER, THE PORTION OF PERSONAL INCOME SPENT ON EDUCATION HAS BEEN DECLINING OVER THE PAST TWO DECADES, AND UTAH'S RANKING HAS FALLEN FROM AMONG THE LEADERS IN EDUCATION FUNDING EFFORT TO RIGHT ABOUT THE NATIONAL AVERAGE. THIS REPORT FOUND THAT UTAH'S FUNDING EFFORT REBOUNDED IN 2008 AS A SIZABLE BUDGET SURPLUS WAS INVESTED IN K-12 EDUCATION. THE SUBSEQUENT RECESSION REDUCED THE FUNDING EFFORT, BUT UTAH'S RANKING HELD STEADY AS OTHER STATES ALSO REDUCED FUNDING. IN ADDITION, UTAH'S FUNDING EFFORT HAS FALLEN MOST AT THE STATE LEVEL, WITH A MODERATE DECLINE IN LOCAL TAX EFFORT. FEDERAL FUNDING HAS BEEN FAIRLY STABLE, EXCEPT FOR A RECENT BUMP FROM THE FEDERAL STIMULUS LEGISLATION. 3. REPORT ON THE FEDERAL DEFICIT DURING THE FEDERAL BUDGET CRISIS THIS SUMMER, MANY CONCERNED CITIZENS HAD IMPORTANT QUESTIONS REGARDING THE FEDERAL DEFICIT AND DEBT AND WANTED TO KNOW WHAT HAD CONTRIBUTED TO ITS GROWTH AND WHAT PROJECTIONS SHOW ABOUT THE FUTURE OF THE DEFICIT. UTAH FOUNDATION PROVIDED A REPORT THAT ANSWERED THESE QUESTIONS AND FOUND THAT THROUGHOUT ITS HISTORY, THE U.S. FEDERAL GOVERNMENT HAS OFTEN OPERATED UNDER A DEFICIT, AND HAS ALWAYS HELD A FEDERAL DEBT. FROM 1971 TO 1997, THE U.S. CONSISTENTLY OPERATED UNDER A DEFICIT, FLUCTUATING FROM 22 BILLION TO 221 BILLION. BETWEEN 1998 AND 2001, THE FEDERAL GOVERNMENT RAN SURPLUSES, EVEN REACHING 236 BILLION IN 2000. SINCE THEN, A DEFICIT HAS BEEN INCURRED EACH YEAR, REACHING AS HIGH AS 1.4 TRILLION IN 2009, OR 10% OF THE NATION'S GDP. THE INCREASE IN DEFICIT PENDING WAS CAUSED BY BOTH INCREASED OUTLAYS AND DECREASED RECEIPTS, WITH THE TWO BIGGEST CONTRIBUTORS BEING THE ECONOMIC DOWNTURN AND THE BUSH TAX CUTS. 4. TEACHER COMPENSATION SIMPLY COMPARING AVERAGE TEACHER SALARIES FOR ALL FULL-TIME TEACHERS ACROSS STATES CAN PROVIDE A MISLEADING PICTURE OF THE FINANCIAL INCENTIVES TEACHERS FACE FOR WORKING IN DIFFERENT STATES. MOST TEACHING SALARIES ARE BASED UPON A SALARY SCHEDULE THAT PAYS ACCORDING TO EXPERIENCE AND EDUCATION. IN THIS REPORT, UTAH FOUNDATION COMPARED SALARIES FOR TEACHERS WITH SIMILAR LEVELS OF EDUCATION AND EXPERIENCE, TO REDUCE THE VARIATION IN SALARY LEVELS DUE TO DEMOGRAPHIC DIFFERENCES. THE REPORT FOUND THAT UTAH TEACHERS PLACE NEAR THE MIDDLE OF THE MOUNTAIN STATES FOR MOST CATEGORIES OF EDUCATION AND EXPERIENCE. LIKE MOST STATES, UTAH HAS INCREASED BEGINNING TEACHER SALARIES IN THE LAST DECADE MORE SIGNIFICANTLY THAN SALARIES FOR VETERAN TEACHERS WITH ADVANCED DEGREES. HOWEVER, THESE INCREASES HAVE LAGGED BEHIND NATIONAL TRENDS AND MOST OTHER MOUNTAIN STATES. RECENTLY, STEVE KROES PRESENTED THE FINDINGS OF THIS REPORT AT THE INVITATION OF THE LEGISLATURE'S EDUCATION APPROPRIATIONS SUBCOMMITTEE. IT WAS WELL RECEIVED, AND THE COMMITTEE ASKED FOR SOME FOLLOW-UP DAT
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IRS990/Form990PartVIISectionA/NamePerson21MARK BUCHI
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.61$0.30$4.31$4.73$5.61$0.87
2023Summary only. Only limited summary data is available for this year.$5.69$0.50$5.18$4.96$5.11$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.95$0.63$5.33$5.03$5.04$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.60$0.26$5.33$7.03$4.54$2.48
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$0.43$2.85$6.57$5.16$1.41
2019Summary only. Only limited summary data is available for this year.$1.61$0.16$1.44$6.18$5.41$0.77
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.23$0.67$5.90$5.50$0.41
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.32$0.26$5.27$6.05$0.78
2016Summary only. Only limited summary data is available for this year.$1.19$0.14$1.05$6.11$6.59$0.48
2015Summary only. Only limited summary data is available for this year.$1.70$0.17$1.53$5.81$7.11$1.29
2014Detailed filing. Detailed filing data is available for this year.$2.98$0.16$2.82$6.01$4.53$1.48
2013Detailed filing. Detailed filing data is available for this year.$1.40$0.06$1.34$3.83$3.64$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.11$1.15$4.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.12$1.10$2.84
2011Summary only. Only limited summary data is available for this year.$1.22$0.12$1.10$2.98$2.84$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.06$0.95$3.58