Civic Intelligence

Utah Technology Council

990 • Fiscal year 2018 • EIN 87-0482975

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

2600 Executive Pkwy Suite 140Lehi, UT 84070

(801) 568-3500

Siviq Scores

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

Liabilities / Assets

98th percentile

1.07x

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

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

62nd percentile

0.26x

Higher debt load relative to revenue than 62% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

5th percentile

-21%

Higher net margin than 5% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$353,981

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 29.8% of source-year revenue.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

1st percentile

-62%

Faster asset growth than 1% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-27%

Faster revenue growth than 5% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$288,444

Down $479,660 (-62%) from 2017

Net Assets

Down

-$20,863

Down $240,645 (-109%) from 2017

Liabilities

Down

$309,307

Down $239,015 (-44%) from 2017

Revenue

Down

$1,186,246

Down $449,330 (-27%) from 2017

Expenses

Down

$1,432,075

Down $419,747 (-23%) from 2017

Net Income

Down

-$245,829

Down $29,583 (-14%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $1,204,583Liabilities 2010: $534,619Net Assets 2010: $669,9642010Assets 2011: $1,209,831Liabilities 2011: $544,045Net Assets 2011: $665,7862011Assets 2012: $1,244,607Liabilities 2012: $572,017Net Assets 2012: $672,5902012Assets 2013: $1,089,762Liabilities 2013: $402,625Net Assets 2013: $687,1372013Assets 2014: $1,129,099Liabilities 2014: $415,834Net Assets 2014: $713,2652014Assets 2015: $928,874Liabilities 2015: $426,568Net Assets 2015: $502,3062015Assets 2016: $1,000,992Liabilities 2016: $560,717Net Assets 2016: $440,2752016Assets 2017: $768,104Liabilities 2017: $548,322Net Assets 2017: $219,7822017Assets 2018: $288,444Liabilities 2018: $309,307Net Assets 2018: -$20,8632018Assets 2019: $98,900Liabilities 2019: $105,965Net Assets 2019: -$7,0652019Assets 2020: $70,573Liabilities 2020: $122,219Net Assets 2020: -$51,6462020Assets 2021: $99,473Liabilities 2021: $307,551Net Assets 2021: -$208,0782021Assets 2022: $84,276Liabilities 2022: $258,982Net Assets 2022: -$174,7062022Assets 2023: $78,364Liabilities 2023: $258,9822023

Highlighted filing

2018

Assets$288,444
Liabilities$309,307
Net Assets-$20,863

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2010: $1,324,887Expenses 2010: $1,457,438Net Income 2010: -$132,5512010Expenses 2011: $1,228,8902011Expenses 2012: $1,408,4732012Revenue 2013: $1,295,298Expenses 2013: $1,255,041Net Income 2013: $40,2572013Revenue 2014: $1,572,240Expenses 2014: $1,542,916Net Income 2014: $29,3242014Revenue 2015: $1,523,186Expenses 2015: $1,718,512Net Income 2015: -$195,3262015Revenue 2016: $1,857,206Expenses 2016: $1,916,781Net Income 2016: -$59,5752016Revenue 2017: $1,635,576Expenses 2017: $1,851,822Net Income 2017: -$216,2462017Revenue 2018: $1,186,246Expenses 2018: $1,432,075Net Income 2018: -$245,8292018Revenue 2019: $799,774Expenses 2019: $854,572Net Income 2019: -$54,7982019Revenue 2020: $183,002Expenses 2020: $227,583Net Income 2020: -$44,5812020Revenue 2021: $91,694Expenses 2021: $248,126Net Income 2021: -$156,4322021Revenue 2022: $51,445Expenses 2022: $18,073Net Income 2022: $33,3722022Revenue 2023: $0Expenses 2023: $5,912Net Income 2023: -$5,9122023

Highlighted filing

2018

Revenue$1,186,246
Expenses$1,432,075
Net Income-$245,829
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$1,187,826
Mission and Program Overview

Mission

The mission of utc is to promote the growth of utah's information & technology industry. Utc serves its members in several ways including: ceo roundtables, hall of fame events, internet technology summits, and industry luncheons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$665,448$145,632▼ $519,816
Savings and Temporary Cash Investments$70,446$85,341▲ $14,895
Land, Buildings, and Equipment, Net$19,908$42,148▲ $22,240
Prepaid Expenses and Deferred Charges$3,806$4,665▲ $859
Total Assets$768,104$288,444▼ $479,660
Other Assets Total$8,496$10,658▲ $2,162
Liabilities
Deferred Revenue$239,115$294,622▲ $55,507
Accounts Payable and Accrued Expenses$309,207$14,685▼ $294,522
Total Liabilities$548,322$309,307▼ $239,015
Net Assets / Fund Balance
Unrestricted Net Assets$219,782$-20,863▼ $240,645
Total Net Assets Fund Balance$219,782$-20,863▼ $240,645
Total Liabilities and Net Assets / Fund Balance$768,104$288,444▼ $479,660

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$42,148$76,814$118,962
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John KnotwellPresident &FT$353,981$353,981
John KnotwellPresident & CEO-$353,981$353,981
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,139,876
Investment Income
$0
Other Revenue
$46,370
Change in Net Assets
$-245,829
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$890,992
Other Expenses$541,083
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$407,009
Current Officers, Directors, Trustees, and Key Employees---$353,981
Advertising---$239,662
Occupancy---$108,130
Payroll Taxes---$59,057
Other Employee Benefits---$55,561
Fees for Services Accounting---$49,625
Fees for Services Legal---$30,060
Pension Plan Contributions---$15,384
Depreciation Depletion---$14,266
Fees for Services Other---$13,495
Office Expenses---$9,794
Travel---$9,711
Insurance---$6,542
Information Technology---$6,038
Other Expenses---$5,000
All Other Expenses---$3,008
Total Functional Expenses$0$0$0$1,432,075
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$47,950
Fundraising Direct Expenses$1,580
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Top Golf Event$47,950$47,950$1,580$46,370
Total Events$47,950$47,950$1,580$46,370
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$313,436
Current Year Nondeductible Lobbying and Political Cost$85,727
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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, Page 6, Part VI, Line 11B

The audit committee will review the 990 before it is filed.

Form 990, Page 6, Part VI, Line 12C

Reviewing the roles expected of trustees.

Form 990, Page 6, Part VI, Line 15A

The ceo's compensation is approved by a compensation committee. Compensation for the executive director is determined by the ceo and approved by the board.

Form 990, Page 6, Part VI, Line 19

Utc makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Utah Technology Council
EIN
87-0482975
Phone
8015683500
Address
2600 EXECUTIVE PKWY SUITE 140, LEHI, UT 84070

Signing Officer

Name
Clint Betts
Title
Executive Director
Phone
8015683500
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clint Betts
Formed
1991
Legal Domicile
Ut
Voting Board Members
60
Independent Board Members
59
Employees
15

Preparer

Firm
Wsrp LLC
Address
155 N 400 W STE 400, SALT LAKE CITY, UT 84103
Preparer
Douglas T Myers
Phone
8013282011
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of utc is to promote the growth of utah's information & technology industry. Utc serves its members in several ways including: ceo roundtables, hall of fame events, internet technology summits, and industry luncheons.

Form 990, Page 2, Part III, Line 4D

N/A

Raw XML AppendixShowing 400 of 736 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/Form990PartVIISectionAGrp/OtherCompensationAmt450
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IRS990/Form990PartVIISectionAGrp/PersonNm7RICHARD BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm8KENT BOWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9CODY BRODERICK
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IRS990/Form990PartVIISectionAGrp/PersonNm11NOELLE COCKETT
IRS990/Form990PartVIISectionAGrp/PersonNm12SHARON COOK
IRS990/Form990PartVIISectionAGrp/PersonNm13STEVE DALY
IRS990/Form990PartVIISectionAGrp/PersonNm14CURT DOMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15JASON ELLIS
IRS990/Form990PartVIISectionAGrp/PersonNm16TOM ETZEL
IRS990/Form990PartVIISectionAGrp/PersonNm17STEPHANIE FROHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm18LISA GENTILE
IRS990/Form990PartVIISectionAGrp/PersonNm19SHAWN GOFF
IRS990/Form990PartVIISectionAGrp/PersonNm20TERRY GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm21ADAM GROW
IRS990/Form990PartVIISectionAGrp/PersonNm22HOWARD HOCHHAUSER
IRS990/Form990PartVIISectionAGrp/PersonNm23MATTHEW HOLLAND
IRS990/Form990PartVIISectionAGrp/PersonNm24SPENCE HOOLE
IRS990/Form990PartVIISectionAGrp/PersonNm25JOSH JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm26MICHAEL JENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm27JONATHAN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm28STEVEN LEISTNER
IRS990/Form990PartVIISectionAGrp/PersonNm29DAN LLOYD
IRS990/Form990PartVIISectionAGrp/PersonNm30ROBERT LOLLINI
IRS990/Form990PartVIISectionAGrp/PersonNm31KENT MADSEN
IRS990/Form990PartVIISectionAGrp/PersonNm32MATT MARSH
IRS990/Form990PartVIISectionAGrp/PersonNm33JAMES MARTINOS
IRS990/Form990PartVIISectionAGrp/PersonNm34FRANK MAYLETT
IRS990/Form990PartVIISectionAGrp/PersonNm35BEN MCADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm36JASON MCCAMMON
IRS990/Form990PartVIISectionAGrp/PersonNm37DEREK MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm38JAKE MUKLEWICZ
IRS990/Form990PartVIISectionAGrp/PersonNm39KATHRYN MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm40SUSAN OPP
IRS990/Form990PartVIISectionAGrp/PersonNm41KEVIN PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm42DAVID PERSHING
IRS990/Form990PartVIISectionAGrp/PersonNm43TERRY PRATCHETT
IRS990/Form990PartVIISectionAGrp/PersonNm44STEVE PROPER
IRS990/Form990PartVIISectionAGrp/PersonNm45SCOTT PULSIPHER
IRS990/Form990PartVIISectionAGrp/PersonNm46MIKE ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm47STEVE ROCKWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm48MARVA SADLER
IRS990/Form990PartVIISectionAGrp/PersonNm49TERESA SCHLEGEL
IRS990/Form990PartVIISectionAGrp/PersonNm50JOHN STRINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm51MARK SUNDAY
IRS990/Form990PartVIISectionAGrp/PersonNm52JEFF TRIPLETTE
IRS990/Form990PartVIISectionAGrp/PersonNm53HENRY WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm54CHARLES WIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm55JAELYNN WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm56TRAVIS MARC WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm57TODD WOLFENBARGER
IRS990/Form990PartVIISectionAGrp/PersonNm58DAVID WOOLSTENHULME
IRS990/Form990PartVIISectionAGrp/PersonNm59ASHLEY DREIER
IRS990/Form990PartVIISectionAGrp/PersonNm60CLINT BETTS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt360
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt410
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt420
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt430
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt440
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt460
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt470
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt480
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt490
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt510
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt530
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt540
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt560
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt570
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt580
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt590
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt600
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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.08$0.26$0.00$0.01$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.26$0.17$0.05$0.02$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.31$0.21$0.09$0.25$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.12$0.05$0.18$0.23$0.04
2019Summary only. Only limited summary data is available for this year.$0.10$0.11$0.01$0.80$0.85$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.29$0.31$0.02$1.19$1.43$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.55$0.22$1.64$1.85$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.56$0.44$1.86$1.92$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.43$0.50$1.52$1.72$0.20
2014Detailed filing. Detailed filing data is available for this year.$1.13$0.42$0.71$1.57$1.54$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.09$0.40$0.69$1.30$1.26$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.57$0.67$1.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.54$0.67$1.23
2010Summary only. Only limited summary data is available for this year.$1.20$0.53$0.67$1.32$1.46$0.13