Otter Cares Foundation is located in Fort Collins, CO. The organization was established in 2011. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Otter Cares Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Otter Cares Foundation generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Otter Cares Foundation has awarded 1,691 individual grants totaling $2,713,453. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PACK2SCHOOL PROGRAM - PURCHASED AND DISTRIBUTED SCHOOL SUPPLIES FOR QUALIFYING STUDENTS IN THE POUDRE SCHOOL DISTRICT
PROJECT HEART IS A PHILANTHROPY EDUCATION CURRICULUM TO TEACH STUDENTS THE PRINCIPLES OF PHILANTHROPY TO INSPIRE THEM TO MAKE A DIFFERENCE AND CHANGE THE WORLD
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Crum Executive Dir | 40 | $131,800 | |
Shane David Feiman Dir | 1 | $0 | |
Meredith Larson Dir, Sec | 1 | $0 | |
Patricia Quinones Dir | 1 | $0 | |
Nancy A Richardson Dir | 1 | $0 | |
Pete Richardson Dir | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,800,000 |
| Interest on Savings | $13,552 |
| Dividends & Interest | $203,041 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$171,148 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $376 |
| Total Revenue | $1,845,821 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $131,800 |
| Other employee salaries and wages | $263,153 |
| Pension plans, employee benefits | $85,707 |
| Interest | $116 |
| Taxes | $2,354 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,094 |
| Printing and publications | $5,822 |
| Other expenses | $116,452 |
| Total operating and administrative expenses | $738,417 |
| Contributions, gifts, grants paid | $719,663 |
| Total expenses and disbursements | $1,458,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $765,203 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,468,336 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Otter Cares Foundation has awarded $719,663 in support to 491 organizations.
| Grant Recipient | Amount |
|---|---|
3HOPEFUL HEARTS PURPOSE: CHARITABLE EVENT | $1,000 |
3HOPEFUL HEARTS PURPOSE: GENERAL & UNRESTRICTED | $275 |
A STEP BEYOND PURPOSE: DESIGN, SALES & CHARITY | $10,000 |
A LITTLE HELP PURPOSE: BIRTHDAY CARD AND POSTCARD PROGRAM | $275 |
A LITTLE HELP PURPOSE: GENERAL & UNRESTRICTED | $550 |
A KIDS PLACE INC PURPOSE: CHARITABLE EVENT | $1,000 |