Carden Memorial Foundation
- Assets
- $4.2m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 62
- Location
- Salt Lake City, UT
- Founding
- 02/2017
- Data as of
- 12/2022
- EIN
- 81-4396375
Organization Overview
Carden Memorial Foundation is located in Salt Lake City, UT. The organization was established in 2017. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 12/2022, Carden Memorial Foundation employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carden Memorial 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, Carden Memorial Foundation generated $3.5m in total revenue.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CARDEN MEMORIAL FOUNDATION (CMF) OPERATES AN ELEMENTARY SCHOOL FOR PRE-KINDERGARTEN THROUGH GRADE EIGHT STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARDEN MEMORIAL FOUNDATION (CMF) HAS ADDRESSED THE NEED TO EDUCATE CLASSICALLY-TRAINED TEACHERS IN THE CARDEN METHOD.
CARDEN MEMORIAL FOUNDATION (DBA CARDEN MEMORIAL SCHOOL) EDUCATES CHILDREN PK-8TH GRADE) WITH THE CARDEN PHILOSOPHY, NON-DENOMINATIONAL CHRISTIAN TRAINING USING A CLASSICAL AND TRADITIONAL CURRICULUM.
CARDEN MEMORIAL FOUNDATION RAISES MONEY TO HELP IMPROVE, REPAIR, AND ADD FACILITIES TO EDUCATE TEACHERS, STUDENTS AND PARENTS IN THE CARDEN PHILOSOPHY AND CLASSICAL EDUCATION CURRICULUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Goodwin Trustee | Trustee | 40 | $96,303 |
Laura Brown Board Chair | OfficerTrustee | 40 | $71,800 |
Wade Budge Vice Chair | Trustee | 1 | $0 |
Peter Giles Trustee | Trustee | 1 | $0 |
Ryan Peterson Trustee | Trustee | 0 | $0 |
Amy Jordan Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $84,085 |
| Noncash contributions included in lines 1a–1f | $55,700 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,085 |
| Total Program Service Revenue | $3,098,624 |
| Investment income | $196,920 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $72,089 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,451,718 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $168,103 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,632,361 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $253,883 |
| Payroll taxes | $137,864 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $62,061 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,202 |
| Fees for services: Other | $1,702 |
| Advertising and promotion | $3,191 |
| Office expenses | $4,715 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,795 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $78,134 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,182 |
| Insurance | $20,993 |
| All other expenses | $31,815 |
| Total functional expenses | $2,944,675 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $788,452 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,208,541 |
| Investments—publicly traded securities | $1,200,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,350 |
| Total assets | $4,214,343 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,884,752 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $114,427 |
| Total liabilities | $1,999,179 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,215,164 |
| Total liabilities and net assets/fund balances | $4,214,343 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Carden Memorial Foundation has recieved totaling $338.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $338 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southwest College Of Naturopathic Medicine And Health Science Inc Tempe, AZ | $29,642,803 | $19,296,647 |
Augustine Institute Inc Greenwood Village, CO | $26,414,625 | $26,811,654 |
Phoenix Seminary Inc Scottsdale, AZ | $3,442,651 | $6,984,863 |
National Judicial College Reno, NV | $21,473,504 | $5,366,239 |
Robert O Anderson School And Graduate School Of Management Foun Albuquerque, NM | $0 | $273,602 |
Carden Memorial Foundation Salt Lake City, UT | $4,214,343 | $3,451,718 |
Academy For The Love Of Learning Inc Santa Fe, NM | $22,846,093 | $2,334,127 |
Ayurvedic Institute Albuquerque, NM | $4,339,366 | $2,514,881 |
Midwives College Of Utah Salt Lake City, UT | $918,397 | $1,726,787 |
Wongu University Of Oriental Medicine Las Vegas, NV | $2,644,242 | $1,890,172 |
Disciple Nations Alliance Inc Phoenix, AZ | $710,676 | $1,000,788 |
Battle Rock Charter School Cortez, CO | $1,068,868 | $1,047,799 |