Blue Petal Foundation
- Assets
- $160.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orem, UT
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 82-4726301
Organization Overview
Blue Petal Foundation is located in Orem, UT. The organization was established in 2018. 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. Blue Petal 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 12/2021, Blue Petal Foundation generated $86.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $137.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin King President | 50 | $30,000 | |
Bill Bozung Director | 1 | $0 | |
Cheryl King Secretary And Treasu | 5 | $0 | |
Paul Savage Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,497 |
| Total Program Service Revenue | $37,864 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,625 |
| Total Revenue | $86,731 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,000 |
| Professional fees and other payments to independent contractors | $21,267 |
| Occupancy, rent, utilities, and maintenance | $18,662 |
| Printing, publications, postage, and shipping | $255 |
| Other expenses | $47,922 |
| Total expenses | $137,091 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,846 |
| Other assets | $0 |
| Total assets | $160,846 |
| Total liabilities | $254,039 |
| Net assets or fund balances | -$93,193 |
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