Sorenson Legacy Foundation
Midvale, Utah
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $12,184,915↓24% | $32,138,762↑12% | $457,366,003↑4% | |
| 2022 | $16,004,905↓71% | $28,803,169↑3% | $441,627,342↓16% | — |
| 2021 | $55,397,576↑43% | $28,051,359↓24% | $526,898,066↑6% | — |
| 2020 | $38,649,828↑47% | $37,017,019↑16% | $495,708,411↑5% | — |
| 2019 | $26,249,297↑2% | $31,827,338↓11% | $471,550,509↓23% | — |
| 2015 | $25,722,982↑22% | $35,596,262↑1% | $615,162,225↓6% | — |
| 2014 | $21,031,523↑10% | $35,261,610↑7% | $654,587,806↓1% | — |
| 2013 | $19,191,784↓63% | $33,070,227↑25% | $661,392,371↓17% | — |
| 2012 | $52,322,592↑5232259100% | $26,485,256 | $792,819,311↑79281931000% | — |
| 2011 | $1 | $0 | $1 | — |
Frequently Asked Questions
What does Sorenson Legacy Foundation do?▼
Sorenson Legacy Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Utah. It is classified under NTEE code T22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Sorenson Legacy Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Sorenson Legacy Foundation has a score of 54/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Sorenson Legacy Foundation generate?▼
Revenue data for Sorenson Legacy Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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