Ensign Peak Foundation FY2023 filing

Tax-deductible

Salt Lake Cty, UT501(c)(3)EIN 87-0513270Revenue $627K in FY2023

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.
96¢ of each $1 spent went to programs.
$154K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · 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
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$154K
to officers and key staff · 43% of spending
Concern: pay to officers and key staff is 43% of spending; over 30%.
Pt VII · Sec A
Cash reserves
48 mo
of spending, in cash
Looks good: 48.0 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
9
of 11 voting members
Looks good: 9 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
$627K
+0.3% vs prior year
Spent
$356K
To programs
96%
Net assets
$1.5M
By yearFY2020–FY2024
Revenue
$627K
FY2023+0.3%
Tap a bar for its year
Revenue by fiscal year
FY2020$109K
FY2021$67K
FY2022$625K
FY2023$627K
FY2024$421K
Expenses
$356K
FY2023▲ +96%
Tap a bar for its year
Expenses by fiscal year
FY2020$191K
FY2021$88K
FY2022$182K
FY2023$356K
FY2024$694K
Net assets
$1.5M
FY2023▲ +23%
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 FY2023 Form 990 · see the original

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You’re viewing the FY2023 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

96 cents of each dollar spent went to programs.

Program services 96% · $341K Management & general 4% · $15K Fundraising 0% · $158

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; $154K paid to officers and key staff.

Part VII, Section A · reportable compensation
$92,667Pt VII · Sec A
$61,713Pt 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.

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Provided by the organization

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2 programs · $341K · in their own filed words · FY2023
01

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

$290Kprogram expense
02

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

$51Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$627K
Ln 12
Gifts and grantsLn 1h$558K
Investment incomeLn 3$64K
Fees for servicesLn 2g$6K
Money outPt IX
$356K
Ln 25
Programscol B$341K
Managementcol C$15K
Fundraisingcol D$158
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$1.5M
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$558K
Fees for servicesLn 2g$6K
Investment incomeLn 3$64K
Total revenueLn 12$627K
Assets in detailPt X, end of year
CashLn 1$56K
SavingsLn 2$1.4M
Cash and savings togetherLn 1–2$1.4M
Other assetsLn 15$30K
Total assetsLn 16$1.5M
LiabilitiesLn 26$0
Net assetsLn 32$1.5M
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 FY23End FY23
Cash and savingsLn 1–2$1.1M$1.4M
Total assetsLn 16$1.2M$1.5M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.2M$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$154K$154K
Accounting feesLn 11c$1K$1K
Investment management feesLn 11f$3K$3K
Other fees for servicesLn 11g$175K$166K$9K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$13K$13K$12$116
Information technologyLn 14$2K$2K$64$42
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$3K$3K$19
Total functional expensesLn 25$356K$341K$15K$158

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $421K$694K−$272K$1.2M 990 PDF
FY2023 Viewing $627K$356K$271K$1.5M 990 PDF
FY2022 $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 FY2023 990 (6 parts)
Part I · Summary $627,169 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $603,850$557,936
I-9 Program service revenuePrior year $6,921$5,691
I-10 Investment incomePrior year $14,332$63,542
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $625,103$627,169
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $16,260$154,380
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $165,249$201,552
I-18 Total expensesPrior year $181,509$355,932
I-19 Revenue less expensesPrior year $443,594$271,237
Part VI · Governance 9 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members9
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 $627,169 across 5 lines filed
VIII-1f All other contributions, gifts and grants$557,936
VIII-1h Total contributions, gifts and grants$557,936
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,691$5,691
VIII-3 Investment incomeExcluded from tax $63,542$63,542
VIII-12 Total revenueRelated to mission $5,691 · Unrelated business $0 · Excluded from tax $63,542$627,169
Part IX · Statement of functional expenses $355,932 across 9 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $154,380$154,380
IX-11c Accounting feesManagement $1,300$1,300
IX-11f Investment management feesManagement $3,373$3,373
IX-11g Other fees for servicesPrograms $165,960 · Management $8,735$174,695
IX-12 Advertising and promotionPrograms $3,000$3,000
IX-13 Office expensesPrograms $12,714 · Management $12 · Fundraising $116$12,842
IX-14 Information technologyPrograms $2,016 · Management $64 · Fundraising $42$2,122
IX-23 InsuranceManagement $1,335$1,335
IX-24 Other expenses (24a–d)Programs $2,866 · Management $19$2,885
IX-25 Total functional expensesPrograms $340,936 · Management $14,838 · Fundraising $158$355,932
Part X · Balance sheet $1,454,895 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 $15,168$56,239
X-2 Savings and temporary cash investmentsStart of year $1,131,289$1,366,656
X-15 Other assetsStart of year $30,000$30,000
X-16 Total assetsStart of year $1,178,457$1,454,895
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $776,203$462,824
X-28 Net assets with donor restrictionsStart of year $402,254$992,071
X-32 Total net assets or fund balancesStart of year $1,178,457$1,454,895
X-33 Total liabilities and net assetsStart of year $1,178,457$1,454,895
Part XI · Reconciliation of net assets $1,454,895 net assets at year end
XI-1 Total revenue$627,169
XI-2 Total expenses$355,932
XI-3 Revenue less expenses$271,237
XI-4 Net assets at start of year$1,178,457
XI-5 Net unrealized gains (losses) on investments$5,201
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,454,895

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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