Spanish Peaks Community Foundation Inc is located in Walsenburg, CO. The organization was established in 2011. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, 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. Spanish Peaks Community Foundation Inc 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, Spanish Peaks Community Foundation Inc generated $115.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $128.3k during the year ending 12/2023. While expenses have increased by 6.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SUPPORTING NON PROFIT COMMUNITY GROUPS AND PRODUCE ART AND CULTURAL EVENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margo Boodakian Secretary | 3 | $0 | |
Sarah Jardis President And Treasurer | 1 | $0 | |
George Ksander Bod Member | 10 | $0 | |
Mike Peters Executive Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,857 |
| Total Program Service Revenue | $32,982 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$227 |
| Other Revenue | $0 |
| Total Revenue | $115,823 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $28,460 |
| Occupancy, rent, utilities, and maintenance | $58,978 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,906 |
| Total expenses | $128,344 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,719 |
| Other assets | $0 |
| Total assets | $151,590 |
| Total liabilities | $10,264 |
| Net assets or fund balances | $141,326 |