Nonprofit · EIN 45-3203840
SORENSON IMPACT FOUNDATION
Tax-exempt · SALT LAKE CTY, UT 84121
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $4,644,487 | $5,342,680 | -$698,193 | $140,180,609 | $40,054 | $140,140,555 |
| December 31, 2023 | 990-PF | $2,244,274 | $4,132,028 | -$1,887,754 | $142,073,772 | $30,430 | $142,043,342 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,311,707
- Net gain from sales of assets
- $2,637,062
- Other income
- $695,718
Expenses
- Grants and similar amounts paid
- $3,603,000
- Compensation of officers, directors and key employees
- $4,553
- Salaries, compensation and benefits (total)
- $680,178
- Disbursements for charitable purposes
- $4,928,240
- Excise tax on investment income
- $88,290
Balance sheet and other
- Total assets, start of year
- $142,073,772
- Total assets, end of year
- $140,180,609
- Total liabilities, end of year
- $40,054
- Net assets, end of year
- $140,140,555
- Fair market value of assets
- $151,619,918
- Qualifying distributions
- $7,533,599
- Net investment income
- $6,754,210
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Lindsay Zizumbo 840 E 17th Ave, Salt Lake City, UT 84103 | Program Manager Highest-paid employee | 40 | $274,051 | $34,090 |
| Savannah Johnson 2697 S Deframe Cir, Lakewood, CO 80228 | Investment Manager Highest-paid employee | 40 | $128,340 | $7,886 |
| Eliza Roady 2958 Daybreaker Dr, Park City, UT 84098 | Investment Manager Highest-paid employee | 40 | $107,154 | $1,488 |
| Jenny Romney 111 N 200 W, Kaysville, UT 84037 | Executive Assistant Highest-paid employee | 40 | $104,722 | $12,540 |
| Krista Sorenson 6330 S 3000 E Suite 630, Salt Lake City, UT 84121 | Director | 5 | $4,553 | $14,984 |
| James Lee Sorenson 6330 S 3000 E Suite 630, Salt Lake City, UT 84121 | Director | 20 | $0 | $0 |
| Luke Sorenson 6330 S 3000 E Suite 630, Salt Lake City, UT 84121 | Director | 1 | $0 | $0 |
| Paul Ludlow 6330 S 3000 E Suite 630, Salt Lake City, UT 84121 | CFO & Secretary | 10 | $0 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Lindsay Zizumbo 840 E 17th Ave, Salt Lake City, UT 84103 | Program Manager Highest-paid employee | 40 | $218,115 | $10,906 |
| Savannah Johnson 2697 S Deframe Cir, Lakewood, CO 80228 | Investment Manager Highest-paid employee | 40 | $204,752 | $10,238 |
| Jenny Romney 111 N 200 W, Kaysville, UT 84037 | Executive Assistant Highest-paid employee | 40 | $68,240 | $3,412 |
| James Lee Sorenson 6330 S 3000 E Suite 630, Salt Lake City, UT 84121 | Director | 20 | $0 | $0 |
| Krista Sorenson 6330 S 3000 E Suite 630, Salt Lake City, UT 84121 | Director | 5 | $0 | $0 |
| Luke Sorenson 6330 S 3000 E Suite 630, Salt Lake City, UT 84121 | Director | 1 | $0 | $0 |
| Paul Ludlow 6330 S 3000 E Suite 630, Salt Lake City, UT 84121 | CFO & Secretary | 10 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6330 S 3000 E STE 630, SALT LAKE CTY, UT 84121-6241
- In care of
- % JAMES LEE SORENSON
- Signed the 990-PF
- Paul Ludlow, CFO
- Phone
- (801) 490-1013
- Website
- sorensonimpactfoundation.org
- Return prepared by
- TAXWISE LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 45-3203840
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $140,180,609
- Income (IRS master file)
- $35,853,525
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $4,644,487 | $5,342,680 | $140,180,609 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $2,244,274 | $4,132,028 | $142,073,772 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3203840).
Questions about SORENSON IMPACT FOUNDATION
- What is the EIN of SORENSON IMPACT FOUNDATION?
- The employer identification number (EIN) of SORENSON IMPACT FOUNDATION is 45-3203840.
- Is SORENSON IMPACT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to SORENSON IMPACT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SORENSON IMPACT FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SORENSON IMPACT FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SORENSON IMPACT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of SORENSON IMPACT FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 8 people; 5 received compensation from the organization, the highest $274,051 (Lindsay Zizumbo, Program Manager).
- How much revenue does SORENSON IMPACT FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,644,487, expenses of $5,342,680 and total assets of $140,180,609 at year end.
Other nonprofits in SALT LAKE CTY
- VOLKSWAGEN-STIFTUNG EIN 52-1690493 · last filed 990-PF for 2024
- THE COMMUNITY FOUNDATION OF UTAH EIN 74-3211770 · last filed 990 for 2024
- COMMUNITY TRUST OF UTAH EIN 82-3365355 · last filed 990 for 2024
- KIRK HUMANITARIAN EIN 20-3920671 · last filed 990-PF for 2025
- CALL TO ACTION FOUNDATION EIN 88-2726669 · last filed 990-PF for 2024
- CALL FOUNDATION EIN 20-8389909 · last filed 990-PF for 2024
- UTAHS PROMISE EIN 87-0227091 · last filed 990 for 2025
- SPARKJOY FOUNDATION EIN 47-1760883 · last filed 990 for 2024
All nonprofits in SALT LAKE CTY · Utah · Philanthropy, voluntarism and grantmaking foundations