Cfa Society of Salt Lake
Public records raise at least one point you should look into before giving.
What it says it does
OUR MISSION IS TO LEAD THE INVESTMENT PROFESSION GLOBALLY BY PROMOTING THE HIGHEST STANDARDS OF ETHICS, EDUCATION, AND PROFESSIONAL EXCELLENCE FOR THE ULTIMATE BENEFITS OF SOCIETY. OUR SOCIETY IS AN ASSOCIATION OF LOCAL INVESTMENT PROFESSIONALS. CONSISTING OF PORTFOLIO MANAGERS, SECURITY ANALYSTS, INVESTMENT ADVISORS, AND OTHER FINANCIAL PROFESSIONALS, WE PROMOTE: ETHICAL AND PROFESSIONAL STANDARDS WITHIN THE INVESTMENT INDUSTRY; ENCOURAGE PROFESSIONAL DEVELOPMENT THROUGH THE CFA PROGRAM AND CONTINUING EDUCATION; FACILITATE THE EXCHANGE OF INFORMATION AND OPINIONS AMONG PEOPLE WITHIN THE LOCAL INVESTMENT COMMUNITY AND BEYOND, AND; WORK TO FURTHER THE PUBLIC'S UNDERSTANDING OF THE CFA DESIGNATION AND INVESTMENT INDUSTRY. AS ONE OF CFA INSTITUTE MEMBER SOCIETIES, OUR SOCIETY CONNECTS MEMBERS TO A GLOBAL NETWORK OF INVESTMENT PROFESSIONALS.
- Income
- $147,757
- Spending
- $177,093
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $116,581 spent. EDUCATIONAL EVENTS: WE TYPICALLY HOST 8 LECTURES PER YEAR. SPEAKERS COME IN FROM ALL OVER THE COUNTRY AND ARE EXPERTS IN A CERTAIN FACET OF INVESTING. BOARD MEMBERS USE PROFESSIONAL CONTACTS TO ATTRACT THE SPEAKERS. WE OCCASIONALLY REIMBURSE TRAVEL EXPENSES. CONTINUING EDUCATION: CFAI HAS INSTITUTED A VOLUNTARY CE PROGRAM AS A FRAMEWORK TO IDENTIFY, TRACK, AND REPORT EDUCATIONAL ACTIVITIES. WE SUPPORT MEMBER ACTIVITIES BY REPORTING ATTENDANCE AT THE EDUCATIONAL EVENTS TO CFAI.
- $14,112 spent. COLLEGE RESEARCH CHALLENGE: THE CFAI RESEARCH CHALLENGE IS AN ANNUAL, GLOBAL COMPETITION THAT PROVIDES UNIVERSITY STUDENTS WITH HANDS-ON MENTORING AND INTENSIVE TRAINING IN FINANCIAL ANALYSIS. THE SOCIETY PARTICIPATES EACH YEAR BY SPONSORING A COMPETITION WITH AROUND EIGHT LOCAL UNIVERSITIES. THE SOCIETY SELECTS A LOCAL, PUBLIC COMPANY, ARRANGES A MANAGEMENT MEETING, PROVIDES INVESTMENT INDUSTRY MENTORS, WORKS WITH UNIVERSITIES TO ORGANIZE TEAMS, PROVIDES GRADERS, COMPETITION JUDGES, AN AWARDS DINNER AND PRIZES.
- $46,100 spent. LEADERSHIP DEVELOPMENT: WITH A ROTATING BOARD, LOCAL MEMBERS OF THE INVESTMENT COMMUNITY ARE GIVEN AN OPPORTUNITY TO SERVE AS EITHER A BOARD OR COMMITTEE MEMBER. CFAI OFFERS VARIOUS LEADERSHIP TRAINING CONFERENCES THAT ARE TYPICALLY FREE OF CHARGE TO VOLUNTEER AND OFTEN TO THE SOCIETY. CFA TEST PREP: WE OFFER A MOCK EXAM FOR CANDIDATES IN CONJUNCTION WITH KAPLAN, ON OF THE LEADING EXAM PREP COMPANIES. JOB BOARD: WE ENCOURAGE LOCAL EMPLOYERS TO INFORM US OF JOB OPPORTUNITIES. THEY ARE POSTED ON OUR WEBSITE AND INCLUDED IN E-MAILS TO MEMBERS.
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on November 15, 2016 for not filing returns for three years, and reinstated on November 15, 2016.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.