Logo for "Sorenson Impact Foundation"

Sorenson Impact Foundation

Sorenson Impact Foundation

Salt Lake City, UT, US
501(c)(3)
EIN
45-3203840
Private Foundation
Family Foundation
Logo for "Sorenson Impact Foundation"

Sorenson Impact Foundation

Salt Lake City, UT, US
501(c)(3)
EIN
45-3203840
Private Foundation
Family Foundation

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$4,644,487

Other
72%
Investments
28%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$5,342,680

Grants
67%
Salaries & Benefits
14%
Fees to Service Providers
14%
Other
4%
Advertising & Promotion
<1%
Benefits to Members
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$968,881
$1,311,707
+35%
Other
$1,275,393
$3,332,780
+161%
Total Revenues
$2,244,274
$4,644,487
+107%
Expenses
2023
2024
Change
Grants
$2,350,000
$3,603,000
+53%
Benefits to Members
$0
$0
-
Salaries & Benefits
$584,046
$757,726
+30%
Fees to Service Providers
$1,026,969
$743,949
-28%
Advertising & Promotion
$2,066
$1,531
-26%
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$168,947
$236,474
+40%
Total Expenses
$4,132,028
$5,342,680
+29%
Net income
2023
2024
Change
Net income
-$1,887,754
-$698,193
+63%
Income Statement
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