Equality Utah EIN 84-1633002

Equality Utah

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Advocates for LGBTQ+ interests in Utah through education and political action. For fiscal year 2024 it reported $-30K in revenue, $217K in expenses, and $138K in net assets.Pt I

Type
Membership association · Civil Rights & Advocacy
Location
Salt Lake Cty, UT
Website
www.equalityutah.org
Filings
5 on file (2020–2024)
Revenue
$-30KFY2024
Expenses
$217K
Net assets
$138K
People
15
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-1633002 Membership association Salt Lake Cty, UT
Form 990 (PDF)
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Size
<$100K
What they do
Advocates for LGBTQ+ interests in Utah through education and political action.
Leadership
Troy Williams · Executive Di · $63K
Money in and out
$-30K revenue, $217K expenses
Bottom line
38% program spending
Membership & operating revenue · FY2024
Total revenue
$-30K
Pt VIII · Ln 12
Total expenses
$217K
Pt IX · Ln 25
Net assets
$138K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$247K
Where spending went · Part IX cols B–D
Program services $0.38 Management & general $0.53 Fundraising $0.10
Payroll share
44%
of spending is salaries & benefits▼ -32% vs prior filing year
Program spending
38%
of expenses reach member services▼ -49% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$-30K
FY2024▼ -121%
Expenses
$217K
FY2024▼ -5%
Total assets
$198K
FY2024▼ -54%
Total liabilities
$60K
FY2024▲ +6%
Total revenue
$-30K
Pt VIII · Ln 12
Total expenses
$217K
Pt IX · Ln 25
Net assets
$138K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$247K
Total assetsPt X · Ln 16$198K
Program-expense ratioPt IX · col B38%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

1 program service account for $82K of program spending, described in the organization's own filed words · FY2024.
01

Building Relationships with Lawmakers

Lobby to address legislation that impacts the lives of LGBTQ utahns.

$82Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEquality Utah
EINHdr · item D84-1633002
Principal addressHdr · item CSalt Lake Cty, UT
WebsiteHdr · item Jwww.equalityutah.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MUT
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R26)
Ruling yearIRS BMFNov 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$62,592Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Troy Williams$62,592$37,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.38 Management & general $0.53 Fundraising $0.10
Program services38%$82K
Management & general53%$115K
Fundraising10%$21K
Total functional expensesLn 25$217K

Balance Sheet

Part X · end of year
CashLn 1$34K
Total assetsLn 16$198K
Total liabilitiesLn 26$60K
Total net assetsLn 32$138K
Months of cash on handcomputed1.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $190K · Operating expenses/yr $217K
10.5 months
Where the money goes
Program services
Program services $82K · Total expenses $217K
38%
Management & General
Management & general $115K · Total expenses $217K
53%
Fundraising
Fundraising $21K · Total expenses $217K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $20K · Solicited contributions (3-yr avg) $416K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $406K · Total revenue $-30K
Government reliance
Government grants — · Total revenue $-30K
Earned-income share
Program service revenue $0 · Total revenue $-30K
Investment reliance
Investment income $4K · Total revenue $-30K
Program self-sufficiency
Program service revenue $0 · Total expenses $217K
0%
Growth & trend
Revenue growth (YoY)
This year $-30K · Prior year $139K
-121%
Net-asset trend (YoY)
End of year $138K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $-30K · Expenses $217K
Liabilities-to-Assets
Total liabilities — · Total assets $198K
Net-asset ratio
Net assets $138K · Total assets $198K
70%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $156K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $198K
79%
People & payroll
Highest Reported Total Compensation
Individual Troy Williams · Reported title EXECUTIVE DI · Highest reported compensation $63K · Total expenses $217K
29%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $95K · Total expenses $217K
44%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 38%
Overhead ratio 53%
Fundraising cost ratio 5%
Revenue growth -121%
Accounting fee ratio 4%

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 · FY2024
Total grants receivedfrom 3 funders$34K
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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)$-30K revenue · viewing · ⤓ 990 PDF
FY2023$139K revenue · ⤓ 990 PDF
FY2022$224K revenue · ⤓ 990 PDF
FY2021$256K revenue · ⤓ 990 PDF
FY2020$184K 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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