Fsy LLC
501(c)(3) Donations tax-deductible
95% goes to programs Thin reserves Growing revenue
Fsy LLC is a 501(c)(3) organization based in Provo, Utah, registered in 2016, with $87,165,118 in FY2023 revenue. CharityIndex grades it B, and it directs about 95% of spending to programs.
A-153 Asb, Provo, UT, 84602 EIN 47-5608488 Since 2016
Revenue (FY2023)
$87.2M
▲ 36.9% vs prior year
Expenses (FY2023)
$87.9M
Net assets
$454K
Employees
3,051
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating95% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Fsy LLC: 95% to programs earns a A+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fsy LLC: 0 mo reserves · -1% margin earns a C on this criterion. See the exact thresholds →
C+Governance25% of the rating3 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Fsy LLC: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fsy LLC: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Provides socially and spiritually well-balanced youth programs directed by exceptional staff.
Contact & location
Financial trends
Revenue grew from $9.6M (FY2020) to $87.2M (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.9MNet assets $454K
Operating margin
-0.8%
Spent more than it raised in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$1.9M
Net assets
$454K
Salaries & benefits
$21.9M
25% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $87,165,118▲36.9% | $87,893,452▲38.6% | $454,350▼91.8% | $2,377,139▼71.3% | 990 |
| 2022 | $63,649,203▲609% | $63,408,329▲616% | $5,564,232▲4.5% | $8,273,112▼5.7% | 990 |
| 2021 | $8,972,792▼6.8% | $8,858,727▲116% | $5,323,358▼51.6% | $8,772,978▼20.7% | 990 |
| 2020 | $9,627,043 | $4,103,079 | $11,008,284 | $11,061,941 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Carolyn B Andrews | Manager | 1 | — |
| Darin R Oviatt | Manager | 6 | — |
| Kevin L Walker | Manager | 1 | — |
Frequently asked questions
- Is Fsy LLC a legitimate nonprofit?
- Yes. Fsy LLC is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-5608488, based in Provo, Utah. Donations are tax-deductible.
- What is Fsy LLC's EIN?
- Fsy LLC's Employer Identification Number (EIN) is 47-5608488.
- How much revenue does Fsy LLC report?
- Fsy LLC reported $87,165,118 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Fsy LLC's spending goes to programs?
- Fsy LLC spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Fsy LLC have?
- CharityIndex grades Fsy LLC B, based on program efficiency and fundraising cost.
- How much does Fsy LLC's highest-paid employee make?
- The highest reported compensation on Fsy LLC's latest Form 990 is $0, paid to Carolyn B Andrews (Manager).
More nonprofits in Provo
Explore more
Data for Fsy LLC (EIN 47-5608488) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.