Lon D & Ann B Secrist Foundation is a 501(c)(3) organization based in Sandy, Utah, registered in 2010, with $269,527 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$270K
▼ 67.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$270K
Net assets
$78
Employees
—
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. Not scored for Lon D & Ann B Secrist Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Lon D & Ann B Secrist Foundation: 0 mo reserves · -0% margin earns a C on this criterion. See the exact thresholds →
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. Not scored for Lon D & Ann B Secrist Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Lon D & Ann B Secrist Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $249K (FY2014) to $270K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-0.2%
Spent more than it raised in the latest fiscal year.
Total assets
$78
Total liabilities
$0
Net assets
$78
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $269,527▼67.8% | $270,117▼73.8% | $78▼88.3% | $78▼88.3% | 990PF |
| 2023 | $837,994▲179% | $1,031,879▲841% | $668▼99.7% | $668▼99.7% | 990PF |
| 2022 | $300,258▼44.5% | $109,644▼79.7% | $194,553▲4839% | $194,553▲4839% | 990PF |
| 2021 | $541,006▲4.0% | $540,471▲0.2% | $3,939▲15.7% | $3,939▲15.7% | 990PF |
| 2020 | $520,017▲53.8% | $539,200▲69.0% | $3,404▼84.9% | $3,404▼84.9% | 990PF |
| 2019 | $338,031▼21.4% | $319,000▼26.0% | $22,587▲535% | $22,587▲535% | 990PF |
| 2018 | $430,039▲26.8% | $431,065▲28.8% | $3,556▼22.4% | $3,556▼22.4% | 990PF |
| 2017 | $339,024▲51.4% | $334,599▲46.5% | $4,582▲2818% | $4,582▲2818% | 990PF |
| 2016 | $223,974▲18.1% | $228,455▲22.1% | $157▼96.6% | $157▼96.6% | 990PF |
| 2015 | $189,583▼24.0% | $187,080▼24.9% | $4,638▲117% | $4,638▲117% | 990PF |
| 2014 | $249,314 | $249,210 | $2,135 | $2,135 | 990PF |
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.
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Data for Lon D & Ann B Secrist Foundation (EIN 26-2172113) 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.