Real Salt Lake Foundation
- Assets
- $437.8k
- Revenue
- $65.5k
- Investments
- $117.9k
- Employees
- 0
- Location
- Sandy, UT
- Founding
- 07/2017
- Data as of
- 12/2022
- EIN
- 81-0775271
Organization Overview
Real Salt Lake Foundation is located in Sandy, UT. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Real Salt Lake 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 12/2022, Real Salt Lake Foundation generated $65.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $95.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH SOCCER AND RELATED PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Kimball Trustee | 0 | $0 | |
Kyle Shroeder Trustee, Treasurer | 0 | $0 | |
John Genna Trustee | 0 | $0 | |
Michelle Hyncik Trustee, Secretary | 0 | $0 | |
Lita Quero Trustee | 0 | $0 | |
Brian Dunseth Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $62,670 |
| Interest on Savings | $281 |
| Dividends & Interest | $0 |
| Net Rental Income | $1,524 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $65,471 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $325 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $17,336 |
| Printing and publications | $0 |
| Other expenses | $48,573 |
| Total operating and administrative expenses | $78,634 |
| Contributions, gifts, grants paid | $16,700 |
| Total expenses and disbursements | $95,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279,963 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $40,000 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $117,858 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $437,821 |
| Accounts payable and accrued expenses | $17,446 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,446 |
Grants Awarded
Over the last fiscal year, Real Salt Lake Foundation has awarded $16,700 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UTAH FOOD BANK - SPONSOR DRIVING OUT HUNGER GOLF PURPOSE: SPONSOR OF DRIVING OUT HUNGER GOLF TOURNMANET | $4,200 |
AMERICAN FOUNDATION FOR SUICIDE PREVENTION PURPOSE: DONATION | $10,000 |
UOL ANTI-GALA - UTAH OLYMPIC PARK PURPOSE: DONATION | $2,500 |