Civic Intelligence

Foundation for Private Ent Edu

EIN 87-0393038 • 501(c)3 • Sandy, UT

Profile

To prepare utah's high school students for the business world

100 W Towne Ridge ParkwaySandy, UT 84070

utahbusinessweek.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

5th percentile

-331%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

14th percentile

-64%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Revenue Growth

13th percentile

-61%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$22,577

Down $150,621 (-87%) from 2019

Liabilities

Down

$0

Down $90,270 (-100%) from 2019

Net Assets

Down

$22,577

Down $60,351 (-73%) from 2019

Operations
Liabilities / Revenue61st percentileNet Margin5th percentile

Revenue

Down

$15,039

Down $83,581 (-85%) from 2019

Expenses

Down

$64,830

Down $54,159 (-46%) from 2019

Net Income

Down

-$49,791

Down $29,422 (-144%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

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

$200K$150K$100K$50K$0Assets 2010: $125,539Liabilities 2010: $13,000Net Assets 2010: $112,5392010Assets 2011: $183,247Liabilities 2011: $61,348Net Assets 2011: $121,8992011Assets 2012: $135,762Liabilities 2012: $7,976Net Assets 2012: $127,7862012Assets 2013: $153,067Liabilities 2013: $29,000Net Assets 2013: $124,0672013Assets 2014: $137,453Liabilities 2014: $12,341Net Assets 2014: $125,1122014Assets 2015: $192,511Liabilities 2015: $73,928Net Assets 2015: $118,5832015Assets 2016: $154,748Liabilities 2016: $36,670Net Assets 2016: $118,0782016Assets 2017: $136,532Liabilities 2017: $23,610Net Assets 2017: $112,9222017Assets 2018: $144,225Liabilities 2018: $40,928Net Assets 2018: $103,2972018Assets 2019: $173,198Liabilities 2019: $90,270Net Assets 2019: $82,9282019Assets 2021: $22,577Liabilities 2021: $0Net Assets 2021: $22,5772021

Highlighted filing

2021

Assets$22,577
Liabilities$0
Net Assets$22,577
Open 2021 Filing

Operations Trend

Revenue Growth13th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $92,689Expenses 2010: $84,674Net Income 2010: $8,0152010Revenue 2011: $93,816Expenses 2011: $84,456Net Income 2011: $9,3602011Revenue 2012: $101,610Expenses 2012: $95,723Net Income 2012: $5,8872012Revenue 2013: $106,882Expenses 2013: $110,601Net Income 2013: -$3,7192013Revenue 2014: $108,771Expenses 2014: $107,726Net Income 2014: $1,0452014Revenue 2015: $104,735Expenses 2015: $111,264Net Income 2015: -$6,5292015Revenue 2016: $107,661Expenses 2016: $108,166Net Income 2016: -$5052016Revenue 2017: $104,279Expenses 2017: $109,435Net Income 2017: -$5,1562017Revenue 2018: $96,685Expenses 2018: $106,310Net Income 2018: -$9,6252018Revenue 2019: $98,620Expenses 2019: $118,989Net Income 2019: -$20,3692019Revenue 2021: $15,039Expenses 2021: $64,830Net Income 2021: -$49,7912021

Highlighted filing

2021

Revenue$15,039
Expenses$64,830
Net Income-$49,791
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,577
Liabilities
$0
Net assets
$22,577
Revenue
$15,039
Expenses
$64,830
Net income
-$49,791
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.15$0.65$0.50
2019Detailed filing. Detailed filing data is available for this year.$1.73$0.90$0.83$0.99$1.19$0.20
2018Detailed filing. Detailed filing data is available for this year.$1.44$0.41$1.03$0.97$1.06$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.37$0.24$1.13$1.04$1.09$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.55$0.37$1.18$1.08$1.08$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.93$0.74$1.19$1.05$1.11$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.37$0.12$1.25$1.09$1.08$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.29$1.24$1.07$1.11$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.08$1.28$1.02$0.96$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.61$1.22$0.94$0.84$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.13$1.13$0.93$0.85$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Dec 15, 2021
Return Version
2020v4.1
Gross Receipts
$15,039
Mission and Program Overview

Mission

See Schedule O

Program Services

DescriptionGrantsExpenses
See Schedule O-$13,800
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peggy LarsenBoard Chair-$0--
Darren ShepherdConference Chair-$0--
Bryan McClearyAdvisory Member-$0--
Kasey OlsonFinancial Chair-$0--
Brooke HathawayAdministrative Chair-$0--
Filing and Contact Details

Filer

Filer Name
Foundation for Private Ent Edu
EIN
87-0393038
Address
100 W Towne Ridge Parkway, Sandy, UT 84070

Signing Officer

Name
Kasey Olsen
Title
Financial Chair
Phone
8012991302
Signed
2021-12-15
Discuss with paid preparer
Yes

Preparer

Firm
Traveller & Company LLC
Address
500 North Marketplace Dr Suite 202, Centerville, UT 84014
Preparer
Stacey Porter
Phone
8012991302
Supplemental Narrative

Additional Explanations

General explanation attachment

“Form 990-EZ, Part III, Exempt PurposeTo prepare Utahs high school students for the business world. Form 990-EZ, Part III, Line 28 - First AccomplishmentUtah Business Week - High school students attend business courses at Utah State University. The courses provide a forum for public education regarding private enterprise. Scholarships are awarded to a few selected graduates of the course.”

List of grants and similar amounts paid Part I line 10

“Grantee UBW Scholarship Amount 50,000”

Description of other expenses Part I line 16

“Description AmountEntertainment 13,800Insurance 530”

Raw XML Appendix155 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Kasey Olson
IRS990EZ/BooksInCareOfDetail/PhoneNum08019376177
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07181 S Campus View Dr
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0West Jordan
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd084084
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt072368
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt022577
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt015000
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IRS990EZ/ExcessOrDeficitForYearAmt0-49791
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
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IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt050000
IRS990EZ/GrossReceiptsAmt015039
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt072368
IRS990EZ/NetAssetsOrFundBalancesEOYAmt022577
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt072368
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt022577
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Peggy Larsen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Darren Shepherd
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Bryan McCleary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kasey Olson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Brooke Hathaway
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Board Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Conference Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Advisory Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Financial Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Administrative Chair
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt014330
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0See Schedule O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0See Schedule O
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt013800
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt064830
IRS990EZ/TotalProgramServiceExpensesAmt013800
IRS990EZ/TotalRevenueAmt015039
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0utahbusinessweek.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt015000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt088547
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt089156
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt092404
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0285107
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt039
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01593
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01829
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02155
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07389
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt023720
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.37420
IRS990ScheduleA/PublicSupportPY170Pct00.39780
IRS990ScheduleA/PublicSupportTotal170Amt0109457
IRS990ScheduleA/SubstantialContributorsTotAmt0175650
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt092404
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IRS990ScheduleA/TotalSupportAmt0292496
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990-EZ, Part III, Exempt PurposeTo prepare Utahs high school students for the business world. Form 990-EZ, Part III, Line 28 - First AccomplishmentUtah Business Week - High school students attend business courses at Utah State University. The courses provide a forum for public education regarding private enterprise. Scholarships are awarded to a few selected graduates of the course.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Grantee UBW Scholarship Amount 50,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountEntertainment 13,800Insurance 530
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum08012991302
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-15
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ReturnHeader/Filer/EIN0870393038
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 W Towne Ridge Parkway
ReturnHeader/Filer/USAddress/CityNm0Sandy
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084070
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0870668060
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-12-21
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ReturnHeader/ReturnTs02021-12-21T16:04:00-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kasey
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Olsen
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

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