Townsend Foundation
- Assets
- $841.0k
- Revenue
- $624.9k
- Investments
- $770.6k
- Employees
- 0
- Location
- Broomfield, CO
- Founding
- 11/2016
- Data as of
- 12/2021
- EIN
- 81-1388852
Organization Overview
Townsend Foundation is located in Broomfield, CO. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Townsend Foundation 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, Townsend Foundation generated $624.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 54.9% each year . All expenses for the organization totaled $122.7k during the year ending 12/2021. While expenses have increased by 26.3% per year over the past 6 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 2016, Townsend Foundation has awarded 74 individual grants totaling $587,830. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffery E Townsend Director | 0 | $0 | |
Cayle M Townsend Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $396,777 |
| Interest on Savings | $3 |
| Dividends & Interest | $21,224 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $206,790 |
| Capital Gain Net Income | $206,790 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $106 |
| Total Revenue | $624,900 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $4,133 |
| Contributions, gifts, grants paid | $118,606 |
| Total expenses and disbursements | $122,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,405 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $770,572 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $840,977 |
| 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, Townsend Foundation has awarded $118,606 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
SALVATION ARMY PURPOSE: GENERAL FINANCIAL SUPPORT | $38,750 |
TUNNEL TO TOWERS PURPOSE: GENERAL FINANCIAL SUPPORT | $24,000 |
Denver, CO PURPOSE: GENERAL FINANCIAL SUPPORT | $12,000 |
DENVER STREET SCHOOL PURPOSE: GENERAL FINANCIAL SUPPORT | $10,000 |
Broomfield, CO PURPOSE: GENERAL FINANCIAL SUPPORT | $10,000 |
COLORADO FALLEN HEROS PURPOSE: GENERAL FINANCIAL SUPPORT | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Portable Practical Educational Preparation Inc Tucson, AZ | $20,477,573 | $94,704,086 |
Chicanos Por La Causa Inc Phoenix, AZ | $7,948,599,708 | $121,803,796 |
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Arizonas Children Association Tucson, AZ | $18,515,748 | $50,621,725 |
Arizona Community Action Association Inc Phoenix, AZ | $37,430,688 | $47,071,381 |
The 3000 Club Phoenix, AZ | $240,575 | $38,689,440 |
Catholic Charities And Community Services Of The Archdiocese Of Den Denver, CO | $31,204,493 | $39,103,634 |
Catholic Charities Community Services Inc Phoenix, AZ | $27,991,292 | $39,238,434 |
Ki Bois Community Action Foundation Inc Stigler, OK | $27,685,508 | $35,271,421 |
Catholic Community Services Of Southern Arizona Inc Tucson, AZ | $19,873,108 | $26,833,688 |
Resource Exchange Inc Colorado Springs, CO | $17,475,294 | $25,981,302 |
Little Dixie Community Action Agency Inc Hugo, OK | $19,268,264 | $22,456,976 |