The Colorado Parks Foundation Inc
- Assets
- $1.9m
- Revenue
- $796.7k
- Investments
- $1.6m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 07/1985
- Data as of
- 12/2021
- 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 12/2021, Colorado Parks Foundation Inc generated $796.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $382.9k during the year ending 12/2021. While expenses have increased by 3.3% 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.
Since 2015, Colorado Parks Foundation Inc has awarded 92 individual grants totaling $670,869. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE SCHOLARSHIP PROGRAM.
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $394 |
| Interest on Savings | $45 |
| Dividends & Interest | $22,083 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $668,870 |
| Capital Gain Net Income | $668,870 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $105,313 |
| Total Revenue | $796,705 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,971 |
| Taxes | $0 |
| Depreciation | $3,411 |
| Occupancy | $21,772 |
| Travel, conferences, and meetings | $119 |
| Printing and publications | $0 |
| Other expenses | $61,854 |
| Total operating and administrative expenses | $279,368 |
| Contributions, gifts, grants paid | $103,550 |
| Total expenses and disbursements | $382,918 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $285,148 |
| Net Accounts receivable | $1,154 |
| 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 | $0 |
| Net Land, buildings, and equipment | $15,919 |
| Other assets | $0 |
| Total assets | $1,922,854 |
| 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 | $1,000 |
| Total liabilities | $1,000 |
Grants Awarded
Over the last fiscal year, The Colorado Parks Foundation Inc has awarded $103,550 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CITY AND COUNTY OF DENVER PURPOSE: ENHANCE DENVER PARKS. | $21,500 |
Denver, CO PURPOSE: LANDSCAPING | $18,050 |
Denver, CO PURPOSE: HEATHIER PARKS | $15,000 |
CITY OF PUEBLO PURPOSE: PARK ENHANCEMENT | $15,000 |
CITY OF LOUVIERS VILLAGE PURPOSE: STREET LANDSCAPING | $10,000 |
SCHOOL - ELLIS ELEMENTARY SCHOOL PURPOSE: ENVIRONMENT IMPROVEMENT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Olympic Endowment Colorado Springs, CO | $492,382,153 | $27,799,302 |
Fields & Futures Foundation Edmond, OK | $7,089,979 | $3,122,717 |
Team Evergreen Cycling Evergreen, CO | $430,306 | $1,836,318 |
Harmes C Fishback Foundation Trust Englewood, CO | $13,285,039 | $68,460 |
Arizona Tennis Charities Phoenix, AZ | $163,967 | $845,443 |
World Cup Dreams Foundation Park City, UT | $853,676 | $1,291,836 |
Chaparral Firebirds Baseball Club Phoenix, AZ | $33,145 | $562,494 |
Utah Mountain Sports Academy Provo, UT | $136,054 | $521,102 |
Boulder Parks And Recreation Foundation Inc Boulder, CO | $541,484 | $360,790 |
Friends Of Hogadon Casper, WY | $17,685 | $398,188 |
The Colorado Parks Foundation Inc Denver, CO | $1,922,854 | $796,705 |
Salt Lake City - Utah Committee For The Games Inc Salt Lake City, UT | $724,935 | $1,010,000 |