Joseph And Kathleen Sorenson Legacy Foundation
Draper, Utah
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,537,469↓47% | $4,346,459↑21% | $95,501,176↑6% | — |
| 2022 | $2,897,433↓58% | $3,598,125↓36% | $89,692,011↓12% | — |
| 2021 | $6,867,555↑98% | $5,626,192↑6% | $102,329,524↑4% | — |
| 2020 | $3,473,178↓32% | $5,297,211↑76% | $98,337,635↑19% | — |
| 2019 | $5,076,803 | $3,016,456 | $82,649,813 | — |
Frequently Asked Questions
What does Joseph And Kathleen Sorenson Legacy Foundation do?▼
Joseph And Kathleen Sorenson Legacy Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Utah. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Joseph And Kathleen Sorenson Legacy Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Joseph And Kathleen Sorenson Legacy Foundation has a score of 54/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Joseph And Kathleen Sorenson Legacy Foundation generate?▼
Revenue data for Joseph And Kathleen Sorenson Legacy Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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