Community Foundation Of The San Luis Valley
- Assets
- $409.1k
- Revenue
- $580.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Alamosa, CO
- Founding
- 12/1987
- Data as of
- 12/2023
- EIN
- 74-2471342
Organization Overview
Community Foundation Of The San Luis Valley is located in Alamosa, CO. The organization was established in 1987. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Community Foundation Of The San Luis Valley 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, Community Foundation Of The San Luis Valley generated $580.7k in total revenue. All expenses for the organization totaled $261.0k during the year ending 12/2023. While expenses have increased by 29.8% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCING RESIDENTS OF THE SAN LUIS VALLEY
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS IN THE AMOUNT OF $88,667 WERE GIVEN TO SUPPORT THE FAMILIES WHO WERE AFFECTED BY THE 2020 CLOSURE OF THE COLORADO MUSHROOM FARM. $75,000 WAS DONATED BY AN ANONYMOUS DONOR VIA THE BEACON FUND, OTHER SMALLER DONATIONS WERE GIVEN FROM THE COLORADO HEALTH FOUNDATION, PHILANTHROPY COLORADO, MOHAR FOUNDATION, THE GATES FOUNDATION, AND KENNETH KING. LESS THAN $1000 WAS DONATED VIA OUR WEBSITE CAMPAIGN.
THE CFSLV WAS A REGIONAL ACCESS PARTNER FOR THE DOLA NPI GRANT. A TOTAL OF $16,773.17 WAS SPENT IN ADMINISTRATIVE FEES FOR THE PROGRAM. INITIALLY, $25,000 WAS EARMARKED FOR ADMIN ON AN ESTIMATED $500,000 IN AWARDS.
OVER $47,500 HAS BEEN DONATED FOR THE ALAMOSA CHAMBER OF COMMERCE 100 YEAR MURAL PROJECT, BUT NONE OF THOSE FUNDS WERE SPENT IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason C Medina Executive Director | OfficerTrustee | 40 | $67,000 |
Samantha Escobedo Board Member | Trustee | 5 | $0 |
Ana Soler Board Member | Trustee | 5 | $0 |
Flora Archuleta Board President | OfficerTrustee | 5 | $0 |
Dee Kessler Treasurer | OfficerTrustee | 5 | $0 |
Marlayna Martinez Secretary | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $436,450 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $436,450 |
| Total Program Service Revenue | $143,667 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $580,732 |
| 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. | $67,000 |
| Compensation of current officers, directors, key employees. | $67,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,373 |
| Payroll taxes | $6,256 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,030 |
| Fees for services: Accounting | $5,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $63,277 |
| Advertising and promotion | $907 |
| Office expenses | $2,688 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,503 |
| Travel | $873 |
| 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 | $0 |
| Insurance | $616 |
| All other expenses | $13,000 |
| Total functional expenses | $260,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $370,574 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $963 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,527 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,000 |
| Total assets | $409,064 |
| Accounts payable and accrued expenses | $582 |
| 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 | $4,112 |
| Total liabilities | $4,694 |
| Net assets without donor restrictions | $404,370 |
| Net assets with donor restrictions | $0 |
| 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 | $409,064 |