Economy Data Foundation
- Assets
- $301.0k
- Revenue
- $65.4k
- Investments
- $274.5k
- Employees
- 0
- Location
- Denver, CO
- Founding
- 12/1980
- Data as of
- 12/2023
- EIN
- 42-1152386
Organization Overview
Economy Data Foundation is located in Denver, CO. The organization was established in 1980. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Economy Data 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, Economy Data Foundation generated $65.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $61.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Economy Data Foundation has awarded 197 individual grants totaling $490,995. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Torgerson President | 1 | $0 | |
Andrew Mason Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $122 |
| Dividends & Interest | $39,142 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $26,152 |
| Capital Gain Net Income | $26,152 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $65,416 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $513 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,263 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $61,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,535 |
| Savings and temporary cash investments | $0 |
| 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 | $274,496 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $301,031 |
| 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 |
Grants Awarded
Over the last fiscal year, Economy Data Foundation has awarded $60,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
LOWRY FOUNDATION PURPOSE: CHARITABLE | $2,000 |
HOYT ARBORETUM PURPOSE: CHARITABLE | $2,000 |
THE DENVER RESCUE MISSION PURPOSE: CHARITABLE | $1,000 |
THE ASSISTANCE LEAGUE DENVER PURPOSE: CHARITABLE | $1,000 |
THE FOOD BANK OF IOWA PURPOSE: CHARITABLE | $1,000 |
DONATE LIFE NORTHWEST PURPOSE: CHARITABLE | $2,000 |