Preservery Foundation
- Assets
- $6.3k
- Revenue
- $270.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Denver, CO
- Founding
- Data as of
- 12/2023
- EIN
- 87-2751011
Organization Overview
Preservery Foundation is located in Denver, CO. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Preservery Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preservery 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, Preservery Foundation generated $270.5k in total revenue. All expenses for the organization totaled $273.8k during the year ending 12/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD COMMUNITY THROUGH FOOD BY PROVIDING HUNGER RELIEF TO PEOPEL EXPERIENCING HOMELESSNESS AND OTHER FOOD INSECURE COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DELIVERS HOT, WHOLESOME MEALS DIRECTLY TO TENT ENCAMPMENTS IN THE DENVER METRO AREA. THE ORGANIZATION ALSO PROVIDES BOTTLED WATER, TOILET PAPER, AND SANITIZER TO THE INDIVIDUALS THEY SERVE. THE ORGANIZATION DELIVERS TO AREAS WHERE NEEDED WITH CONCENTRATION IN FIVE POINTS, DOWNTOWN, UPTOWN AND CAPITAL HILL AREA OF DENVER. CURRENTLY, APPROXIMATELY 100-120 MEALS ARE DISTRIBUTED EACH WEEK.
IN ADDITION TO OUR WEEKLY GIVING MEALS DISTRIBUTION, WE ALSO MANAGE A COMMUNITY GARDEN IN GLOBEVILLE FOR THE GARDEN PLACE ACADEMY COMMUNITY. THIS VIBRANT SPACE IN THE HEART OF THE NEIGHBORHOOD NOT ONLY HELPS ADDRESS FOOD INSECURITY, BUT ALSO SERVES AS A TEACHING AND LEARNING SPACE FOR THE SCHOOL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsey Long Director | Trustee | 7 | $0 |
Vishnu Mitchell Director | Trustee | 3 | $0 |
Frank Quintana Director | Trustee | 4 | $0 |
Caitlin Stewart Director | Trustee | 2 | $0 |
Brett Smith Director | Trustee | 2 | $0 |
Obadiah Ariss Executive Director | Officer | 40 | $119,167 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $270,501 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $270,501 |
| Total Program Service Revenue | $0 |
| 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 | $270,501 |
| 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. | $211,250 |
| Compensation of current officers, directors, key employees. | $63,375 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,250 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,139 |
| Fees for services: Accounting | $2,934 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,291 |
| Advertising and promotion | $0 |
| Office expenses | $307 |
| Information technology | $2,787 |
| Royalties | $0 |
| Occupancy | $8,619 |
| Travel | $0 |
| 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 | $2,992 |
| All other expenses | $0 |
| Total functional expenses | $273,777 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,291 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,291 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $6,291 |
| 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 | $6,291 |