Utahs Promise

Salt Lake Cty, Utah

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.62×
Peer Median15.61×
💰
$14.9M
Total Revenue
📊
$15.5M
Total Expenses
🏦
$25.1M
Net Assets
📋
$3.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+34.6%
Year-over-year change (2022 → 2023)
Net Margin
-3.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.62
Net assets divided by total expenses
Liabilities-to-Assets
13.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$14,945,44335%$15,533,32210%$28,897,908
2022$11,102,85238%$14,172,24210%$28,992,11114%
2021$17,873,98318%$12,901,9276%$33,777,15015%
2020$21,883,17562%$13,795,4629%$29,345,81426%
2019$13,478,0382%$15,213,25611%$23,305,32714%
2017$13,166,6628%$17,116,45912%$26,997,16810%
2016$12,199,82129%$15,248,2407%$29,909,8185%
2015$17,227,50952%$14,295,0212%$31,519,68813%
2014$11,339,46747%$14,560,65993%$27,774,0502%
2013$21,468,25044%$7,552,75727%$28,468,24456%
2012$14,915,93931%$10,374,6701%$18,274,24030%
2011$11,385,903$10,436,858$14,025,951

Frequently Asked Questions

What does Utahs Promise do?

Utahs Promise is a philanthropy, voluntarism & grantmaking nonprofit organization based in Utah. It is classified under NTEE code T70 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Utahs Promise financially healthy?

Based on our 9-metric Financial Health Score model, Utahs Promise has a score of 61/100 (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 Utahs Promise generate?

Utahs Promise reports $4.7M in annual revenue and holds $19.7M in total assets, based on IRS filings.

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