Richard W Erickson Foundation is a 501(c)(3) organization based in Kaysville, Utah, registered in 2000, with $1,811,395 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$1.8M
▲ 146.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2025)
$1.0M
Net assets
$12.4M
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 Richard W Erickson 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 Richard W Erickson Foundation: 142 mo reserves · +42% margin earns a B+ 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 Richard W Erickson 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 Richard W Erickson Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $600K (FY2013) to $1.8M (FY2025) across 13 reported years.
Financial snapshot
Operating margin
42.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.4M
Total liabilities
$818
Net assets
$12.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $1,811,395▲147% | $1,045,748▼7.4% | $12,404,953▲13.7% | $12,405,771▲13.7% | 990PF |
| 2024 | $734,695▼6.2% | $1,129,508▲32.8% | $10,911,775▼8.8% | $10,914,489▼8.8% | 990PF |
| 2023 | $783,574▼15.1% | $850,297▲20.6% | $11,965,379▲5.9% | $11,966,957▲5.9% | 990PF |
| 2022 | $923,283▼24.4% | $704,815▲47.4% | $11,296,717▲2.3% | $11,297,325▲2.3% | 990PF |
| 2021 | $1,221,387▲2077% | $478,288▲16.0% | $11,045,445▲7.2% | $11,045,792▲7.2% | 990PF |
| 2020 | -$61,768▼101% | $412,318▼51.3% | $10,302,155▼3.3% | $10,303,439▼3.3% | 990PF |
| 2019 | $5,868,017▲498% | $846,909▲969% | $10,653,866▲103% | $10,654,266▲103% | 990PF |
| 2018 | $981,763▲63.9% | $79,197▼6.5% | $5,248,744▲20.8% | $5,248,744▲20.8% | 990PF |
| 2017 | $599,150▼21.4% | $84,699▲24.5% | $4,346,564▲13.4% | $4,346,564▲13.4% | 990PF |
| 2016 | $762,330▼19.4% | $68,010▼3.5% | $3,832,113▲22.1% | $3,832,113▲22.1% | 990PF |
| 2015 | $945,442▲222% | $70,513▲34.0% | $3,138,518▲38.6% | $3,138,518▲38.6% | 990PF |
| 2014 | $293,569▼51.0% | $52,631▲15.9% | $2,264,240▼2.4% | $2,264,240▲11.9% | 990PF |
| 2013 | $599,615 | $45,416▲24.6% | $2,320,261▲31.4% | $2,023,421▲14.6% | 990PF |
| 2012 | — | $36,443▼48.2% | $1,766,062▲16.5% | $1,766,062▲16.5% | 990PF |
| 2011 | — | $70,303▲192% | $1,515,689▲8.9% | $1,515,689▲8.9% | 990PF |
| 2010 | — | $24,074 | $1,391,662 | $1,391,662 | 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 Richard W Erickson Foundation (EIN 87-0644559) 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.