Wasatch Trails Alliance EIN 45-3030370

Wasatch Trails Alliance

EIN  45-3030370 Public charity (501(c)(3)) Heber City, UT
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Develops and plans sustainable trails for biking, hiking, and equestrian recreation.
Leadership
Matt Chipman · Director
Money in and out
$377K revenue, $211K expenses
Bottom line
99% program efficiency

Develops and plans sustainable trails for biking, hiking, and equestrian recreation. For fiscal year 2024 it reported $377K in revenue, $211K in expenses, and $267K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$377K
Pt VIII · Ln 12
Total expenses
$211K
Pt IX · Ln 25
Net assets
$267K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $166K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs
Operating runway
15.2mo
months of highly liquid reserves at operating expense rate▲ +153% vs prior filing year
Surplus margin
+44%
revenue over expenses, this year▲ +311% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$377K
FY2024▲ +123%
Total revenue
$377K
Pt VIII · Ln 12
Total expenses
$211K
Pt IX · Ln 25
Net assets
$267K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$166K
Total assetsPt X · Ln 16$267K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $209K of program spending, described in the organization's own filed words · FY2024.
01

Eric stritter, trail crew foreman, justin pyper, jonah jibson and galen carter have put in over 1500 hours of work into maintaining our beautiful trails. Not only have they resurrected 1000 turns and given the pine canyon creek complex hiking area some much needed attention, they have worked tirelessly to bring the "pull factor" pirate…

$209Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWasatch Trails Alliance
EINHdr · item D45-3030370
Principal addressHdr · item CHeber City, UT
WebsiteHdr · item Jwasatchtrailsalliance.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MUT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C50)
Ruling yearIRS BMFApr 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
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
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$377K
Investment income$13
— government grantsLn 1e$254K
Total revenueLn 12$377K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$209K
Management & general1%$2K
Total functional expensesLn 25$211K

Balance Sheet

Part X · end of year
CashLn 1$267K
Total assetsLn 16$267K
Total liabilitiesLn 26$0
Total net assetsLn 32$267K
Months of cash on handcomputed15.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $267K · Operating expenses/yr $211K
15.2 months
Where the money goes
Program services
Program services $209K · Total expenses $211K
99%
Management & General
Management & general $2K · Total expenses $211K
1%
Fundraising
Fundraising $0 · Total expenses $211K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $122K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $377K · Total revenue $377K
100%
Government reliance
Government grants $254K · Total revenue $377K
68%
Earned-income share
Program service revenue $0 · Total revenue $377K
0%
Investment reliance
Investment income $13 · Total revenue $377K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $211K
0%
Growth & trend
Revenue growth (YoY)
This year $377K · Prior year $169K
+123%
Revenue CAGR
FY2020 $33K · FY2024 $377K
+84%
Net-asset trend (YoY)
End of year $267K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $377K · Expenses $211K
+44%
Liabilities-to-Assets
Total liabilities — · Total assets $267K
Net-asset ratio
Net assets $267K · Total assets $267K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $267K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Matt Chipman · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $211K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $88K · Total expenses $211K
42%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 0%
Revenue growth 123%
Accounting fee ratio 1%

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 · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$31K

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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
FY2024 (Latest)$377K revenue · viewing · ⤓ 990 PDF
FY2023$169K revenue · ⤓ 990 PDF
FY2022$148K revenue · ⤓ 990 PDF
FY2021$16K revenue · ⤓ 990 PDF
FY2020$33K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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