The Colorado Parks Foundation Inc
- Assets
- $1.0m
- Revenue
- $250.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 07/1985
- Data as of
- 12/2023
- EIN
- 74-2368938
Organization Overview
The Colorado Parks Foundation Inc is located in Denver, CO. The organization was established in 1985. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Parks 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, Colorado Parks Foundation Inc generated $250.8k 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 (3.6%) each year. All expenses for the organization totaled $467.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Colorado Parks Foundation Inc has awarded 132 individual grants totaling $1,055,977. 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
SUPPORT FOR COLORADO STATE PARKS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Jeffrey Shoemaker Executive Dir. | 35 | $146,600 | |
Larry Elrod Chairman | 1 | $0 | |
Jon Bridges Vice Chairman | 1 | $0 | |
Christine Adams Director | 1 | $0 | |
Carolyn Armstrong Director | 1 | $0 | |
Ron Beane Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,440 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,220 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $100,808 |
| Capital Gain Net Income | $100,808 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $116,312 |
| Total Revenue | $250,780 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $146,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $37 |
| Taxes | $10 |
| Depreciation | $2,280 |
| Occupancy | $26,579 |
| Travel, conferences, and meetings | $882 |
| Printing and publications | $0 |
| Other expenses | $73,097 |
| Total operating and administrative expenses | $381,302 |
| Contributions, gifts, grants paid | $86,485 |
| Total expenses and disbursements | $467,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,012,686 |
| 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 | $1,294 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $7,492 |
| Other assets | $0 |
| Total assets | $1,021,472 |
| 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, The Colorado Parks Foundation Inc has awarded $86,485 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF BARR LAKE STATE PARK PURPOSE: ENHANCE BARR LAKE STATE PARK. | $3,000 |
SCHOOL - ELLIS ELEMENTARY SCHOOL PURPOSE: ENVIRONMENT IMPROVEMENT | $375 |
CITY AND COUNTY OF DENVER PURPOSE: ENHANCE DENVER PARKS. | $60,000 |
CRAWFORD STATE PARK PURPOSE: ENHANCE STATE PARK. | $1,699 |
FISHER'S PEAK STATE PARK PURPOSE: ENHANCE STATE PARK | $11,525 |
ARKANSAS HEADWATERS STATE PARK PURPOSE: ENHANCE STATE PARK. | $3,000 |