Rocky Mountain Field Institute Inc
- Assets
- $2.6m
- Revenue
- $1.3m
- Investments
- $624.6k
- Employees
- 35
- Location
- Colorado Springs, CO
- Founding
- 05/1982
- Data as of
- 12/2021
- EIN
- 74-2225140
Organization Overview
Rocky Mountain Field Institute Inc is located in Colorado Springs, CO. The organization was established in 1982. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Rocky Mountain Field Institute Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocky Mountain Field Institute 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 12/2021, Rocky Mountain Field Institute Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 11.7% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ROCKY MOUNTAIN FIELD INSTITUTE PROMOTES THE CONSERVATION AND STEWARDSHIP OF PUBLIC LANDS IN THE SOUTHERN ROCKY MOUNTAIN REGION THROUGH VOLUNTEER-BASED TRAIL AND RESTORATION PROJECTS, ENVIRONMENTAL EDUCATION AND RESTORATION RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RMFI CONSERVES AND RESTORES KEY PUBLIC WILDLANDS AND NATURAL AREAS IN SOUTHERN COLORADO AND EASTERN UTAH. RMFI ACHIEVES ITS MISSION BY CARRYING OUT PROGRAMS IN THE FOLLOWING AREAS: RESOURCE PRESERVATION AND RESTORATION, PUBLIC STEWARDSHIP, ENVIRONMENTAL EDUCATION, AND ENVIRONMENTAL FIELD STUDY AND RESEARCH. IN 2021, RMFI PROVIDED OUTDOOR VOLUNTEER STEWARDSHIP OPPORTUNITIES FOR A BROAD SPECTRUM OF THE COMMUNITY, PROVIDED HANDS-ON ENVIRONMENTAL EDUCATION PROGRAMS FOR YOUTH AND ADULTS, AND PROVIDED FIELD STUDY AND RESEARCH OPPORTUNITIES TO ASSESS THE EFFECTIVENESS OF RESTORATION AND STEWARDSHIP ACTIVITIES. VOLUNTEERS PROVIDED 5,938 HOURS OF VOLUNTEER TIME TOWARDS THE MISSION OF THE ORGANIZATION, WHICH HAD AN UNRECORDED VALUE OF $169,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Peterson PHD Executive Director | Officer | 40 | $94,500 |
Jim Smith Treasurer | OfficerTrustee | 2 | $0 |
Lee Derr President | OfficerTrustee | 2 | $0 |
Melissa Mccormick Secretary | OfficerTrustee | 2 | $0 |
Jeff Mohrmann Vice President | OfficerTrustee | 2 | $0 |
Katie Regan Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $49,935 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $505,462 |
| Noncash contributions included in lines 1a–1f | $5,877 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $555,397 |
| Total Program Service Revenue | $747,638 |
| Investment income | $22,822 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,345,290 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $103,335 |
| Compensation of current officers, directors, key employees. | $16,942 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $664,212 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $103,883 |
| Payroll taxes | $9,701 |
| Fees for services: Management | $4,702 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,976 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,159 |
| Advertising and promotion | $0 |
| Office expenses | $38,451 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,998 |
| Travel | $4,362 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,334 |
| Insurance | $16,293 |
| All other expenses | $10,854 |
| Total functional expenses | $1,197,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211 |
| Savings and temporary cash investments | $981,574 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $123,753 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,218 |
| Net Land, buildings, and equipment | $29,859 |
| Investments—publicly traded securities | $802,150 |
| Investments—other securities | $624,633 |
| Investments—program-related | $0 |
| Intangible assets | $8,190 |
| Other assets | $0 |
| Total assets | $2,580,588 |
| Accounts payable and accrued expenses | $31,310 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $31,310 |
| Net assets without donor restrictions | $2,110,905 |
| Net assets with donor restrictions | $438,373 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,580,588 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Rocky Mountain Field Institute Inc has recieved totaling $154,733.
| Awarding Organization | Amount |
|---|---|
The Margaret And Al Hill Family Foundation Dallas, TX PURPOSE: SUPPORT ENVIRONMENTAL CONSERVATION AND BEAUTIFICATION | $50,000 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $40,000 |
Colorado Springs Health Foundation Colorado Springs, CO | | $35,000 |
The Joseph Henry Edmondson Foundation Colorado Springs, CO PURPOSE: GENERAL OPERATING SUPPORT | $11,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Environment | $7,500 |
Pikes Peak Community Foundation Colorado Springs, CO PURPOSE: CONSERVATION | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Paradise Valley Country Club Inc Paradise Valley, AZ | $41,632,521 | $18,336,957 |
United States Ski Team Foundation Park City, UT | $9,262,092 | $17,246,819 |
Oklahoma City Golf & Country Club Nichols Hills, OK | $30,261,356 | $14,527,744 |
Southern Hills Country Club Tulsa, OK | $59,775,336 | $17,253,423 |
Cherry Hills Country Club Englewood, CO | $65,318,672 | $17,559,884 |
Denver Country Club Denver, CO | $40,162,102 | $13,375,074 |
Columbine Country Club Columbine Valley, CO | $37,675,928 | $14,753,551 |
Happy Hollow Club Omaha, NE | $18,174,683 | $12,125,031 |
Troon Country Club Inc Scottsdale, AZ | $27,079,635 | $13,166,586 |
Gamma Phi Beta Sorority Inc Centennial, CO | $31,209,730 | $12,603,697 |
Phoenix Country Club Phoenix, AZ | $16,178,518 | $11,141,268 |
Sports Car Club Of America Incorporated Topeka, KS | $6,701,641 | $11,632,236 |