Wright Healing Solutions Foundation
- Assets
- $4.1m
- Revenue
- $5.2m
- Investments
- $3.7m
- Employees
- 0
- Location
- Nephi, UT
- Founding
- Data as of
- 12/2021
- EIN
- 85-1458987
Organization Overview
Wright Healing Solutions Foundation is located in Nephi, UT. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wright Healing Solutions 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, Wright Healing Solutions Foundation generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 35.9% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wright Healing Solutions Foundation has awarded 20 individual grants totaling $1,259,565. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION OF RECREATION CENTER INCLUDING 7 CLASSROOMS AND TRAINING FACILITIES SUPPORTING JUAB SCHOOL DISTRICT JUAB HIGH SCHOOL AND NEPHI CITY
CONSTRUCTIONREPAIR OF A RODEO ARENA SUPPORTING SNOW COLLEGE
SUPPORTING RESEARCH ACITIVITIES AT DUKE UNIVERSITY
PROVIDING SCHOLARSHIPS TO LOCAL YOUTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Korey Wright Trustee | 1 | $0 | |
Emily Wright Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
| 12/30/21 | $490,382 | |
| 12/30/21 | $185,000 | |
Barco Construction | 12/30/21 | $0 |
Jim Carson Masonry | 12/30/21 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,006,949 |
| Interest on Savings | $109 |
| Dividends & Interest | $33,327 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,110,992 |
| Capital Gain Net Income | $2,110,992 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,151,377 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $882,473 |
| Contributions, gifts, grants paid | $727,473 |
| Total expenses and disbursements | $1,609,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,292 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,102,691 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Wright Healing Solutions Foundation has awarded $727,473 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
SNOW COLLEGE PURPOSE: ASSIST IN THE CONSTRUCTIONMAINT OF RODEO ARENA | $300,000 |
DUKE UNIVERSITY PURPOSE: DONATION TO ADVANCE RESEARCH ACTIVITIES | $250,000 |
UVU FOUNDATION PURPOSE: TO SUPPORT THE UVU FOUNDATIONS ACTIVITIES | $100,000 |
JUAB JR LIVESTOCK PURPOSE: TO ASSIST LOCAL YOUTH ACTIVITIES | $13,585 |
SCHWAB FUNERAL SERVICES PURPOSE: TO SUPPORT LOCAL FAMILY IN NEED | $12,982 |
JUAB COUNTY SCHOOL DISTRICT PURPOSE: TO SUPPORT THE SCHOOL DISTRICTS GENERAL FUND | $12,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Housing Company Boise, ID | $54,365,926 | $13,345,868 |
Lake Mead Christian Ministries Henderson, NV | $10,080,445 | $5,975,624 |
Sunrise Childrens Foundation Las Vegas, NV | $7,660,611 | $10,104,124 |
Clark County Public Education Foundation Inc Las Vegas, NV | $20,645,889 | $7,373,983 |
Coloradans For Responsible Energy Development Denver, CO | $1,966,473 | $10,490,943 |
Mercy Housing West Denver, CO | $50,068,396 | $10,621,235 |
National Endowment For Financial Education Denver, CO | $147,623,294 | $20,278,344 |
Comite De Bienestar Inc San Luis, AZ | $20,869,855 | $8,413,833 |
Encompass Health Services Incorporated Page, AZ | $5,896,055 | $7,419,352 |
Foundation For Human Enrichment Boulder, CO | $2,136,031 | $6,488,399 |
Colorado Chautauqua Association Boulder, CO | $13,715,907 | $9,331,518 |
U S A Shooting Colorado Springs, CO | $5,222,065 | $5,626,398 |