12 Hours Of Mesa Verde Inc is located in Cortez, CO. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 12 Hours Of Mesa Verde 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, 12 Hours Of Mesa Verde Inc generated $135.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $137.9k during the year ending 12/2023. While expenses have increased by 2.5% per year over the past 2 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
FROM OUR PROGRAM (EVENT) PROCEEDS WE DISTRIBUTED GRANTS TO 18 BENEFICIARIES: THREE PRIMARY, THREE SECONDARY, ONE TERTIARY, FIVE DISCRETIONARY, AND TWO SERVICE. OUR 2023 REVENUE AND EVENT DAY PARTICIPANT NUMBERS INCREASED, BUT WE ALSO HAD INCREASED COSTS DUE TO INFLATION.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Nic Mcdonald Race Director & President | 8 | $0 | |
| Dani Gregory Registration Director & Treasurer | 12 | $0 | |
| Jay Balfour Venue Coordinator & Board Member | 3 | $0 | |
| Andrew Yapp Venue Assist & Board Member | 3 | $0 | |
| Ginny Mcdonald Volunteer Coordinator & Board Member | 3 | $0 | |
| Kirk Underwood Sar & Board Member | 3 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $135,397 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $135,397 | 
| 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 | $5,290 | 
| Occupancy, rent, utilities, and maintenance | $18,697 | 
| Printing, publications, postage, and shipping | $4,493 | 
| Other expenses | $24,800 | 
| Total expenses | $137,930 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,492 | 
| Other assets | $0 | 
| Total assets | $10,427 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $10,427 |