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Utah · Nonprofit

Grow Utah Ventures Inc

Grow Utah Ventures Inc (Utah) receives grants from 1 organization whose IRS filings report $70,000 to it, the largest being SORENSON LEGACY FOUNDATION ($70,000). 0 of them have funded it in more than one year.

Revenue FY2025
$77k
Funders on record
1
Grants received
$70k
Net assets
$58k
0/1 repeat funderspeak grant-dependency 20%
01What it does

What Grow Utah Ventures Inc does

Mission

Promote and provide educational opportunities with respect to entrepreneurial enterprise

As stated on its FY2025 Form 990.

Program

  1. A comprehensive innovation accelerator for Utah innovators producing and manufacturing products over a 10 week period. Cohort members are trained in launching their innovations validating customer demand developing and refining their minimum viable product and creating their prototype. Industry mentors advise the cohort members with both the technical design and build of their innovations as well as the launch of their business. Ramp prepares all cohort members for accessing investment capital from a variety of sources. Overall ramp increases the success rate of early stage businesses and innovators

    $78,766 spent$1,605 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $78,766.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($347k) Expenses 100 ($255k) Net assets 100 ($132k)2018 Revenue 20 ($71k) Expenses 67 ($170k) Net assets 25 ($33k)2019 Revenue 69 ($241k) Expenses 82 ($209k) Net assets 49 ($65k)2020 Revenue 69 ($238k) Expenses 101 ($257k) Net assets 34 ($45k)2021 Revenue 72 ($248k) Expenses 96 ($245k) Net assets 37 ($48k)2022 Revenue 69 ($238k) Expenses 65 ($165k) Net assets 93 ($122k)2023 Revenue 81 ($280k) Expenses 116 ($296k) Net assets 78 ($102k)2024 Revenue 34 ($117k) Expenses 68 ($173k) Net assets 50 ($66k)2025 Revenue 22 ($77k) Expenses 34 ($86k) Net assets 44 ($58k)
'17'18'19'20'21'22'23'24'25
Revenue (22)Expenses (34)Net assets (44)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $132k to $33k (−75%).

$132k
$33k
$65k
$45k
$48k
$126k
$105k
$67k
$59k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 56% · 2023 83% · 2024 28% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

98% of Grow Utah Ventures Inc’s revenue is contributions — more donation-reliant than the typical peer (77% for the typical peer).

This organization
Typical peer · 10,230 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$92k
’17
−$99k
’18
$31k
’19
−$19k
’20
$3k
’21
$73k
’22
−$16k
’23
−$56k
’24
−$8k
’25
8.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed333333333
Joined·+0+0+0+0+0+0+0+1
No longer listed·00000001
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'17
total
funders
1

From the IRS filings of Grow Utah Ventures Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Grow Utah Ventures Inc's grant income comes from Utah funders.

UT

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Grow Utah Ventures Inc's revenue fell 78% between 2017 and 2025.

Operating margin−11% · below the median
Months of reserve8.1mo · below the median
Revenue growth (annualized)−17% · below the median

this organization peer median middle 50% of peers· 6,328 community improvement nonprofits under $100k, FY2025

Organizations like Grow Utah Ventures Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Utah

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

3
board members
33%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

79%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

UT

Screen this organization

A dated, signed PDF of the compliance screen for Grow Utah Ventures Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Grow Utah Ventures Inc?
Grow Utah Ventures Inc (Utah) receives grants from 1 organization whose IRS filings report $70,000 to it, the largest being SORENSON LEGACY FOUNDATION ($70,000). 0 of them have funded it in more than one year.
How many funders does Grow Utah Ventures Inc have?
IRS filings report 1 organization giving $70,000 in grants to Grow Utah Ventures Inc.
Who is the largest funder of Grow Utah Ventures Inc?
SORENSON LEGACY FOUNDATION is the largest funder on record, with $70,000 in grants. The full list of funders is on this page.
How can an organization like Grow Utah Ventures Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Utah. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Grow Utah Ventures →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing