The Alvin E Malstrom Foundation is a 501(c)(3) organization based in Taylorsville, Utah, registered in 1997, with $416,723 in FY2023 revenue. CharityIndex grades it C.
Revenue (FY2023)
$417K
▲ 17.9% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$460K
Net assets
$516K
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 The Alvin E Malstrom 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 The Alvin E Malstrom Foundation: 13 mo reserves · -10% 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 The Alvin E Malstrom 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 The Alvin E Malstrom Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $13K (FY2013) to $417K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-10.3%
Spent more than it raised in the latest fiscal year.
Total assets
$516K
Total liabilities
$0
Net assets
$516K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $416,723▲17.9% | $459,525▼15.6% | $516,129▼7.7% | $516,129▼7.7% | 990PF |
| 2022 | $353,381▼21.5% | $544,400▲154% | $558,931▼25.5% | $558,931▼25.5% | 990PF |
| 2021 | $450,220▲49.8% | $214,400▼21.4% | $749,954▲45.9% | $749,954▲45.9% | 990PF |
| 2020 | $300,647▼33.3% | $272,900▲5.9% | $514,133▲5.7% | $514,133▲5.7% | 990PF |
| 2019 | $450,960▲64.7% | $257,735▲669% | $486,386▲65.9% | $486,386▲65.9% | 990PF |
| 2018 | $273,826▲447% | $33,500▲168% | $293,161▲460% | $293,161▲455% | 990PF |
| 2017 | $50,025▲128169% | $12,500▼41.7% | $52,308▲254% | $52,835▲257% | 990PF |
| 2016 | $39▼40.9% | $21,435▲126% | $14,783▼59.1% | $14,783▼59.1% | 990PF |
| 2015 | $66▼99.3% | $9,501▼8.0% | $36,179▼20.7% | $36,179▼20.7% | 990PF |
| 2014 | $10,085▼22.9% | $10,330▲17.0% | $45,614▼0.5% | $45,614▼0.5% | 990PF |
| 2013 | $13,084 | $8,830▲35.8% | $45,859▲10.2% | $45,859▲10.2% | 990PF |
| 2012 | — | $6,500▼16.7% | $41,605▲9.5% | $41,605▲9.5% | 990PF |
| 2011 | — | $7,800 | $38,008 | $38,008 | 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 The Alvin E Malstrom Foundation (EIN 87-0471168) 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.