Ronald K and Sherrie A Labrum Foundation is a 501(c)(3) organization based in Bountiful, Utah, registered in 2019, with $240,295 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$240K
▲ 2.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$285K
Net assets
$764K
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 Ronald K and Sherrie A Labrum 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 Ronald K and Sherrie A Labrum Foundation: 32 mo reserves · -18% 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 Ronald K and Sherrie A Labrum 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 Ronald K and Sherrie A Labrum Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $150K (FY2019) to $240K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-18.5%
Spent more than it raised in the latest fiscal year.
Total assets
$768K
Total liabilities
$4,325
Net assets
$764K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $240,295▲2.6% | $284,708▲85.2% | $764,154▼5.5% | $768,479▼5.5% | 990PF |
| 2023 | $234,315▲13.1% | $153,738▼75.4% | $808,567▲11.1% | $812,892▲11.0% | 990PF |
| 2022 | $207,116▼86.2% | $625,458▼22.2% | $727,990▼36.5% | $732,315▼36.4% | 990PF |
| 2021 | $1,502,588▲50.1% | $804,402▲14.4% | $1,146,332▲156% | $1,150,657▲156% | 990PF |
| 2020 | $1,001,077▲567% | $702,931 | $448,146▲199% | $450,321▲200% | 990PF |
| 2019 | $150,000 | $0 | $150,000 | $150,000 | 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 Ronald K and Sherrie A Labrum Foundation (EIN 83-4293815) 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.