Centeva Foundation EIN 38-3947784

Centeva Foundation

EIN  38-3947784 Public foundation / grantmaker Logan, UT
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Brings families and co-workers together to fund innovative solutions for global challenges like education and poverty.
Leadership
Money in and out
$3K revenue, $110K expenses
Bottom line
100% program efficiency

Brings families and co-workers together to fund innovative solutions for global challenges like education and poverty. For fiscal year 2025 it reported $3K in revenue, $110K in expenses, and $30K in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$3K
Pt VIII · Ln 12
Total expenses
$110K
Pt IX · Ln 25
Net assets
$30K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$107K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
3.9mo
months of highly liquid reserves at operating expense rate▼ -51% vs prior filing year
Surplus margin
-3886%
revenue over expenses, this year▼ -54% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$3K
FY2025▼ -67%
Expenses
$110K
FY2025▼ -50%
Total assets
$35K
FY2025▼ -76%
Total liabilities
$5K
FY2025▼ -26%
Total revenue
$3K
Pt VIII · Ln 12
Total expenses
$110K
Pt IX · Ln 25
Net assets
$30K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$107K
Total assetsPt X · Ln 16$35K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $110K of program spending, described in the organization's own filed words · FY2025.
01

The centeva foundation provided assistance, pursuant to the organization's exempt purpose, to various educational and community programs and organizations.

$110Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCenteva Foundation
EINHdr · item D38-3947784
Principal addressHdr · item CLogan, UT
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MUT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
Ruling yearIRS BMFNov 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income100%$3K
Total revenueLn 12$3K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$110K
Total functional expensesLn 25$110K

Balance Sheet

Part X · end of year
CashLn 1$35K
Total assetsLn 16$35K
Total liabilitiesLn 26$5K
Total net assetsLn 32$30K
Months of cash on handcomputed3.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $35K · Operating expenses/yr $110K
3.9 months
Where the money goes
Program services
Program services $110K · Total expenses $110K
100%
Management & General
Management & general $0 · Total expenses $110K
0%
Fundraising
Fundraising $0 · Total expenses $110K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $3K
0%
Government reliance
Government grants — · Total revenue $3K
Earned-income share
Program service revenue $0 · Total revenue $3K
0%
Investment reliance
Investment income $3K · Total revenue $3K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $110K
0%
Growth & trend
Revenue growth (YoY)
This year $3K · Prior year $8K
Prior-year revenue below floor — showing dollar change
Revenue CAGR
FY2020 $751K · FY2025 $3K
-67%
Net-asset trend (YoY)
End of year $30K · Beginning of year $137K
-78%
Balance sheet
Surplus Margin
Revenue $3K · Expenses $110K
-3886%
Liabilities-to-Assets
Total liabilities $5K · Total assets $35K
16%
Net-asset ratio
Net assets $30K · Total assets $35K
84%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $35K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jan Quan-Esplin Jan Quan-Esplin Jan · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $110K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $110K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Revenue growth -67%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 15 grants · $947K · 2020–2025
Jordan School DistrictFY2025$8,143
Jordan School DistrictFY2024$16,821
Brigham Young CenterFY2023$100,000
Jordan Schoool DistrictFY2023$10,983
Brigham Young CenterFY2022$100,000
Jordan Schoool DistrictFY2022$18,357
SpyhopFY2022$9,230
Brigham Young CenterFY2021$250,000
Jordan Schoool DistrictFY2021$12,878
SpyhopFY2021$5,050
Brigham Young CenterFY2020$100,000
Jordan Schoool DistrictFY2020$8,878
SpyhopFY2020$6,350

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$3K revenue · viewing · ⤓ 990 PDF
FY2024$8K revenue · ⤓ 990 PDF
FY2023$10K revenue · ⤓ 990 PDF
FY2022$3K revenue · ⤓ 990 PDF
FY2021$1K revenue · ⤓ 990 PDF
FY2020$751K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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