Denver Osteopathic Foundation is located in Parker, CO. The organization was established in 1974. As of 12/2023, Denver Osteopathic Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver Osteopathic 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 12/2023, Denver Osteopathic Foundation generated $58.0k 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 (5.1%) each year. All expenses for the organization totaled $207.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DENVER OSTEOPATHIC FOUNDATION IS A COLORADO NON-PROFIT CORPORATION, WHOSE MISSION IS ELEVATING THE HEALTH AND WELL-BEING OF THE COMMUNITY, ADVANCING OSTEOPATHIC MEDICAL EDUCATION, AND IMPROVING THE PUBLIC'S UNDERSTANDING OF OSTEOPATHIC MEDICINE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Collett Executive Di | 40 | $106,961 | |
Timothy Judd DO President | 2 | $0 | |
Gregory Hogle DO Member | 2 | $0 | |
Louis Kasunic DO Member | 2 | $0 | |
Matt Lucas DO Member | 2 | $0 | |
Jill Pitcher DO Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $23,954 |
| Interest on Savings | $0 |
| Dividends & Interest | $49,451 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$15,364 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $76,147 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $58,041 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $106,961 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $28,239 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $527 |
| Occupancy | $7,198 |
| Travel, conferences, and meetings | $4,609 |
| Printing and publications | $0 |
| Other expenses | $21,588 |
| Total operating and administrative expenses | $181,481 |
| Contributions, gifts, grants paid | $26,000 |
| Total expenses and disbursements | $207,481 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,182 |
| 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 | $5,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,005 |
| Other assets | $0 |
| Total assets | $2,143,172 |
| Accounts payable and accrued expenses | $77 |
| 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 | $77 |
Over the last fiscal year, Denver Osteopathic Foundation has awarded $26,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ROCKY VISTA UNIVERSITY PURPOSE: RURAL TRACK PROGRAM | $5,000 |
ALYSSA INGE PURPOSE: SCHOLARSHIP | $2,500 |
ROCKY VISTA UNIVERSITY PURPOSE: WHITE COAT SCHOLARSHIPS | $10,000 |
GAVIN KIRBY PURPOSE: SCHOLARSHIP | $2,500 |
LISA HOPKINS PURPOSE: SCHOLARSHIPS | $2,500 |
MEREDITH WARE PURPOSE: SCHOLARSHIP | $2,500 |