Fountain Creek Watershed Inc
- Assets
- $948.3k
- Revenue
- $474.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- Data as of
- 12/2023
- EIN
- 87-3829407
Organization Overview
Fountain Creek Watershed Inc, operating under the name Pikes Peak Waterways, is located in Colorado Springs, CO. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pikes Peak Waterways 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, Pikes Peak Waterways generated $474.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (26.5%) each year. All expenses for the organization totaled $304.8k during the year ending 12/2023. 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
MISSION IS TO REVITALIZE THE FOUNTAIN CREEK AND MONUMENT CREEK RIPARIAN CORRIDORS IN COLORADO SPRINGS, TO IDENTIFY FUNDING, AND TO POMOTE EDUCATION AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED PRESENTATIONS TO LOCAL AND STATE GOVERNMENTAL ORGANIZATIONS AND OFFICIALS, CIVIC ORGANIZATIONS AND TO THE PUBLIC IN FORUMS ON THE COS CREEK PLAN PROJECT. THE ORGANIZATION MAINTAINED A WEBSITE FOR THE COS CREEK PLAN PROJECT, RECEIVED COMMENTS FROM THE PUBLIC AND RESPONDED TO THOSE COMMENTS. THE ORGANIZATION ACQUIRED THE INTELLECTUAL PROPERTY RIGHTS IN FOUNTAIN CREEK WATERSHED VISION AND IMPLEMENTATION PLAN (NOW REFERRED TO AS THE "COS CREEK PLAN PROJECT"). THE ORGANIZATION ENTERED INTO A TWENTY-YEAR COLLABORATIVE AGREEMENT WITH THE CITY OF COLORADO SPRINGS AND COLORADO SPRINGS UTILITIES TO ACCOMPLISH THE COS CREEK PLAN PROJECT. THE ORGANIZATION RETAINED A WELL-KNOWN AND RESPECTEDED LANDSCAPE ARCHTECTURAL FIRM AND SPECIFICALLY ITS PRINICIPAL TO PROVIDE PROJECT MANAGEMENT SERVICES AND TO WORK IN COLLABORATION WITH THE PROJECT MANAGERS APPOINTED BY THE CITY AND UTILITIES. THESE PROGRAM SERVICE ACCOMPLISHMENTS WERE ESSENTIAL STEPS TOWARDS THE GOAL OF IMPLEMENTING THE COS CREEK PLAN PROJECT OVER A 20-YEAR PERIOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Member, Treasurer And CFO | OfficerTrustee | 15 | $0 |
Name Not Listed Board Member, Chair And President | OfficerTrustee | 15 | $0 |
Name Not Listed Board Member, Vice Chair & Secretary | OfficerTrustee | 10 | $0 |
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 | $430,121 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $430,121 |
| Total Program Service Revenue | $0 |
| Investment income | $44,218 |
| 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 | $474,339 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,447 |
| Fees for services: Accounting | $3,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $279,674 |
| Advertising and promotion | $0 |
| Office expenses | $815 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,267 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $842 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $792 |
| All other expenses | $0 |
| Total functional expenses | $304,822 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $948,276 |
| 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 | $948,276 |
| 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 | $0 |
| Net assets with donor restrictions | $948,276 |
| 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 | $948,276 |