Ensign Peak Foundation FY2022 filing

Tax-deductible

Salt Lake Cty, UT501(c)(3)EIN 87-0513270Revenue $625K in FY2022

On file with the IRSmormonhistoricsites.org99 W South Temple Unit 2800, 84101-4748 · Salt Lake Cty, UTTax-exempt since Nov 1993Publicly supported charity — 170(b)(1)(A)(vi)

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To identify, preserve, and commemorate sites, events, and people of significance in mormon history throughout the world.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$16K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $68K a year · 18% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$16K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
76 mo
of spending, in cash
Looks good: 75.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $16K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 11 voting members
Looks good: 10 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$625K
+840% vs prior year
Spent
$182K
To programs
95%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$625K
FY2022▲ +840%
Tap a bar for its year
Revenue by fiscal year
FY2020$109K
FY2021$67K
FY2022$625K
FY2023$627K
FY2024$421K
Expenses
$182K
FY2022▲ +107%
Tap a bar for its year
Expenses by fiscal year
FY2020$191K
FY2021$88K
FY2022$182K
FY2023$356K
FY2024$694K
Net assets
$1.2M
FY2022▲ +60%
Tap a bar for its year
Net assets by fiscal year
FY2020$761K
FY2021$738K
FY2022$1.2M
FY2023$1.5M
FY2024$1.2M

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1993.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $172K Management & general 5% · $9K Fundraising 0% · $220

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $16K paid to officers and key staff.

Part VII, Section A · reportable compensation
$16,260Pt VII · Sec A
Vice Chairma
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jeffrey N Walker$101,500$92,667———
Gerrit Dirkmaat$66,860$61,713$16,260$17,920$16,040

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.

See Ensign Peak Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves and commemorates significant sites, events, and people in global Mormon history.

Provided by the organization

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2 programs · $172K · in their own filed words · FY2022
01

Projects that identify, preserve, and commemorate sites, events, and people of significance in mormon history throughout the world.

$143Kprogram expense
02

Publication of a bi-annual journal containing scholarly articles about mormon history.

$29Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$16K
Grants paid · 1 grant · $270K · 2024–2024
Commonspirit Health FoundationAZ · FY2024$270,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$625K
Ln 12
Gifts and grantsLn 1h$604K
Investment incomeLn 3$14K
Fees for servicesLn 2g$7K
Money outPt IX
$182K
Ln 25
Programscol B$172K
Managementcol C$9K
Fundraisingcol D$220
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.2M
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$604K
Fees for servicesLn 2g$7K
Investment incomeLn 3$14K
Total revenueLn 12$625K
Assets in detailPt X, end of year
CashLn 1$15K
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.1M
Other assetsLn 15$30K
Total assetsLn 16$1.2M
LiabilitiesLn 26$0
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$707K$1.1M
Total assetsLn 16$739K$1.2M
LiabilitiesLn 26$2K$0
Net assetsLn 32$738K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$16K$16K
Accounting feesLn 11c$1K$1K
Investment management feesLn 11f$2K$2K
Other fees for servicesLn 11g$83K$79K$4K
Office expensesLn 13$22K$22K$22$198
Information technologyLn 14$1K$1K$33$22
OccupancyLn 16$9K$9K
TravelLn 17$32K$32K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$13K$13K$72
Total functional expensesLn 25$182K$172K$9K$220

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $421K$694K−$272K$1.2M 990 PDF
FY2023 $627K$356K$271K$1.5M 990 PDF
FY2022 Viewing $625K$182K$444K$1.2M 990 PDF
FY2021 $67K$88K−$21K$738K 990 PDF
FY2020 $109K$191K−$82K$761K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $625,103 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $60,307$603,850
I-9 Program service revenuePrior year $3,174$6,921
I-10 Investment incomePrior year $3,047$14,332
I-11 Other revenue$0
I-12 Total revenuePrior year $66,528$625,103
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $17,920$16,260
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $69,878$165,249
I-18 Total expensesPrior year $87,798$181,509
I-19 Revenue less expensesPrior year −$21,270$443,594
Part VI · Governance 10 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members10
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $625,103 across 5 lines filed
VIII-1f All other contributions, gifts and grants$603,850
VIII-1h Total contributions, gifts and grants$603,850
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,921$6,921
VIII-3 Investment incomeExcluded from tax $14,332$14,332
VIII-12 Total revenueRelated to mission $6,921 · Excluded from tax $14,332$625,103
Part IX · Statement of functional expenses $181,509 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $16,260$16,260
IX-11c Accounting feesManagement $1,150$1,150
IX-11f Investment management feesManagement $2,361$2,361
IX-11g Other fees for servicesPrograms $78,868 · Management $4,151$83,019
IX-13 Office expensesPrograms $21,715 · Management $22 · Fundraising $198$21,935
IX-14 Information technologyPrograms $1,037 · Management $33 · Fundraising $22$1,092
IX-16 OccupancyPrograms $8,850$8,850
IX-17 TravelPrograms $32,315$32,315
IX-23 InsuranceManagement $1,280$1,280
IX-24 Other expenses (24a–d)Programs $13,175 · Management $72$13,247
IX-25 Total functional expensesPrograms $172,220 · Management $9,069 · Fundraising $220$181,509
Part X · Balance sheet $1,178,457 assets, 9 lines filed
Asset lines not itemized here account for $2,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $60,185$15,168
X-2 Savings and temporary cash investmentsStart of year $647,130$1,131,289
X-15 Other assetsStart of year $30,000$30,000
X-16 Total assetsStart of year $739,315$1,178,457
X-26 Total liabilitiesStart of year $1,640$0
X-27 Net assets without donor restrictionsStart of year $357,641$776,203
X-28 Net assets with donor restrictionsStart of year $380,034$402,254
X-32 Total net assets or fund balancesStart of year $737,675$1,178,457
X-33 Total liabilities and net assetsStart of year $739,315$1,178,457
Part XI · Reconciliation of net assets $1,178,457 net assets at year end
XI-1 Total revenue$625,103
XI-2 Total expenses$181,509
XI-3 Revenue less expenses$443,594
XI-4 Net assets at start of year$737,675
XI-5 Net unrealized gains (losses) on investments−$2,812
XI-10 Net assets at end of year$1,178,457

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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