Utah Tech Workforce Foundation is located in Lehi, UT. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. Utah Tech Workforce Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Utah Tech Workforce Foundation generated $55.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (32.7%) each year. All expenses for the organization totaled $69.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (30.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
PROMOTING THE TECHNOLOGY INDUSTRY TO UTAH STUDENTS, PARENTS, TEACHERS AND ADMINISTRATORS, GRADES K-12. VISITING SCHOOLS AND ENCOURAGING YOUTH THROUGHOUT THE STATE TO PURSUE CAREERS IN STEM.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clint Betts Executive Di | 0.5 | $0 | |
Elizabeth Converse Dir. Of Oper | 0.5 | $99,818 | |
Ben Luks-Morgan Dir. Of Prog | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,757 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,757 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $730 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $69,361 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Over the last fiscal year, Utah Tech Workforce Foundation has awarded $17,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
EDISON ELEMENTARY PURPOSE: CLASSROOM MATERIALS | $500 |
GRANITE EDUCATION FOUNDATION PURPOSE: CLASSROOM MATERIALS | $1,000 |
JUNIOR ACHIEVEMENT PURPOSE: JUNIOR ACHIEVEMENT AWARDS | $250 |
FIRST UTAH ROBOTICS PURPOSE: REGIONAL COMPETITION | $5,000 |
UTAH VALLEY UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIP BALL | $1,750 |
THE LEONARDO PURPOSE: GENERAL DONATION | $1,000 |