Civic Intelligence

Adams County Foundation Inc

990 • Fiscal year 2019 • EIN 20-1971780

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

4430 S Adams County PkwyBrighton, CO 80601

(720) 523-6991

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

55th percentile

5.0%

Higher net margin than 55% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

50th percentile

2.9%

Faster asset growth than 50% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

37th percentile

-0.6%

Faster revenue growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$197,375

Up $5,601 (+2.9%) from 2018

Net Assets

Up

$197,375

Up $50,601 (+34%) from 2018

Liabilities

Down

$0

Down $45,000 (-100%) from 2018

Revenue

Down

$1,008,137

Down $6,228 (-0.6%) from 2018

Expenses

Up

$957,536

Up $74,585 (+8.4%) from 2018

Net Income

Down

$50,601

Down $80,813 (-61%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2011: $210,230Liabilities 2011: $72,743Net Assets 2011: $137,4872011Assets 2012: $28,327Liabilities 2012: $7,149Net Assets 2012: $21,1782012Assets 2013: $13,889Liabilities 2013: $0Net Assets 2013: $13,8892013Assets 2014: $14,236Liabilities 2014: $0Net Assets 2014: $14,2362014Assets 2015: $14,065Liabilities 2015: $0Net Assets 2015: $14,0652015Assets 2016: $14,632Liabilities 2016: $0Net Assets 2016: $14,6322016Assets 2017: $15,437Liabilities 2017: $77Net Assets 2017: $15,3602017Assets 2018: $191,774Liabilities 2018: $45,000Net Assets 2018: $146,7742018Assets 2019: $197,375Liabilities 2019: $0Net Assets 2019: $197,3752019Assets 2020: $216,490Liabilities 2020: $0Net Assets 2020: $216,4902020Assets 2021: $213,384Net Assets 2021: $213,3842021Assets 2022: $203,378Liabilities 2022: $0Net Assets 2022: $203,3782022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2019

Assets$197,375
Liabilities$0
Net Assets$197,375

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $702,285Expenses 2011: $768,094Net Income 2011: -$65,8092011Revenue 2012: $333,551Expenses 2012: $449,860Net Income 2012: -$116,3092012Revenue 2013: $1,458Expenses 2013: $8,034Net Income 2013: -$6,5762013Revenue 2014: $535Expenses 2014: $188Net Income 2014: $3472014Revenue 2015: $17Expenses 2015: $188Net Income 2015: -$1712015Revenue 2016: $671Expenses 2016: $104Net Income 2016: $5672016Revenue 2017: $428,052Expenses 2017: $427,324Net Income 2017: $7282017Revenue 2018: $1,014,365Expenses 2018: $882,951Net Income 2018: $131,4142018Revenue 2019: $1,008,137Expenses 2019: $957,536Net Income 2019: $50,6012019Revenue 2020: $3,708,786Expenses 2020: $3,689,671Net Income 2020: $19,1152020Revenue 2021: $1,697Expenses 2021: $4,803Net Income 2021: -$3,1062021Revenue 2022: $1,223Expenses 2022: $11,229Net Income 2022: -$10,0062022Revenue 2023: $2,958Expenses 2023: $206,336Net Income 2023: -$203,3782023

Highlighted filing

2019

Revenue$1,008,137
Expenses$957,536
Net Income$50,601
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$1,008,137
Mission and Program Overview

Mission

Provide equitable opportunities for all. Strengthen our community by providing equitable opportunities to all adams county residents, through our collaborations and support of local non-profits. We support collaborative initiatives, services, programs and experiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$191,774$197,375▲ $5,601
Total Assets$191,774$197,375▲ $5,601
Liabilities
Accounts Payable and Accrued Expenses$45,000--
Total Liabilities$45,000$0▼ $45,000
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,505$166,467▲ $162,962
Net Assets Without Donor Restrictions$143,269$30,908▼ $112,361
Total Net Assets Fund Balance$146,774$197,375▲ $50,601
Total Liabilities and Net Assets / Fund Balance$191,774$197,375▲ $5,601
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ken CiancioChair
Jeni ShawVice Chair
Abel WurmnestBoard Member
Cassie RatliffBoard Member
Michael ZuckerBoard Member
Jackson DreilingSecretary
Jacob KingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,008,137
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$8,137
Change in Net Assets
$50,601

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,008,137
Revenue Not Reported on Form 990
$-19,372
Total Revenue per Audited Statements
$988,765
Total Revenue per Form 990
$1,008,137
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$934,148
Other Expenses$23,388
Total Fundraising Expense$340
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$934,148--$934,148
Fees for Services Legal-$1,506-$1,506
Other Expenses-$120$340$120
Office Expenses-$100-$100
Total Functional Expenses$934,148$23,048$340$957,536

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$957,536
Total Expenses per Form 990$957,536
Total Expenses per Audited Statements$938,164
Expenses Not Reported on Form 990$-19,372
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Platte Valley Medical Center FoundBrighton, CO501c3Ambulance Support$93,148
Boys & Girls Clubs of Metro DenverDenver, CO501c3Mental Health$85,000
Ralston HouseArvada, CO501c3CHILDREN'S SUPPORT$60,000
Growing Home IncWestminster, CO501c3Homelessness Prev$52,000
A Precious Child IncBroomfield, CO501c3Program Costs$50,000
Colorado Legal ServicesDenver, CO501c3Tenant Services$50,000
Kids in Need of DenistryDenver, CO501c3Dentistry Program$50,000
The Senior Hub IncNorthglenn, CO501c3Meal Program$50,000
Westminster Public SchoolsWestminster, COGovtMiddle School Suppor$45,000
La Raza Services IncDenver, CO501c3Resource Navigator$44,000
Community Reach Center IncWestminster, CO501c3Detox Program$40,000
Every Child PediatricsThornton, CO501c3Medical Services$40,000
Kids First Health CareCommerce City, CO501c3Health Education$40,000
Adams County Education ConsortiumWestminster, CO501c3Scholarships$35,000
Casa of Adams & Broomfield CountiesBrighton, CO501c3Court Costs for Chil$35,000
Second Chance CenterAurora, CO501c3Offender Reentry$35,000
SENIORS' RESOURCE CENTERDenver, CO501c3Senior Programs$30,000
Shiloh Home IncLittleton, CO501c3Evening Program$30,000
Extended Hands of HopeBroomfield, CO501c3At Risk Youth$20,000
A CHILD'S SONG INCThornton, CO501c3Music Program$15,000
Adams County Emergency Food BankCommerce City, CO501c3Food$15,000
Mercy Housing Mountain PlainsDenver, CO501c3Resident Medical$10,000
Westminster 710 Rotary Club FoundWestminster, CO501c3CHILDREN'S LIBRARY$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

The board of adams county commissioners appoints board members

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed with the treasurer of the board and signed by that person. The full board also reviews the form 990 prior to submission.

Form 990, Page 6, Part VI, Line 12C

Board members must disclose any conflict of interests in a written statement.

Form 990, Page 6, Part VI, Line 15A

There is no ceo of compensated top management. Administrative duties are completed by county employees that volunteer their time.

Form 990, Page 6, Part VI, Line 15B

There are no key employees

Form 990, Page 6, Part VI, Line 19

All documents are availabe upon request by contacting the organization.

Filing and Contact Details

Filer

Filer Name
Adams County Foundation Inc
EIN
20-1971780
Phone
7205236991
Address
4430 S ADAMS COUNTY PKWY, BRIGHTON, CO 80601

Signing Officer

Name
Abel Wurmnest
Title
Board Member
Phone
7205236991
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Abel Wurmnest
Formed
2005
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
10

Preparer

Firm
Jds Professional Group
Address
10303 E DRY CREEK RD STE 400, ENGLEWOOD, CO 80112
Preparer
Lori B Bauer CPA
Phone
3037710123
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Provide equitable opportunities for all. Strengthen our community by providing equitable opportunities to all adams county residents, through our collaborations and support of local non-profits. We support collaborative initiatives, services, programs and experiences.

Form 990, Part XI, Line 9

Loss on homes for hope -19,372 loss on homes for hope 19,372

Financial Statement Notes

Schedule D, Page 3, Part X

The foundation follows the accounting for uncertainty in income taxes accounting standard which requires the foundation to determine whether a tax position (and the related tax benefit) is more likely than not to be sustained upon examination by the applicable taxing authority, based solely on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement, presuming that the tax position is examined by the appropriate taxing authority that has full knowledge of all relevant information. During the years ended december 31, 2019 and 2018, the foundation's management evaluated its tax positions to determine the existence of uncertainties, and did not note any matters that would require recognition or which may have an affect on its tax-exempt status.

Schedule D, Page 4, Part XI, Line 2D

Loss on homes for hope -19,372

Schedule D, Page 4, Part XII, Line 2D

Loss on homes for hope -19,372

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION FOLLOWS THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ACCOUNTING STANDARD WHICH REQUIRES THE FOUNDATION TO DETERMINE WHETHER A TAX POSITION (AND THE RELATED TAX BENEFIT) IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT, PRESUMING THAT THE TAX POSITION IS EXAMINED BY THE APPROPRIATE TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. DURING THE YEARS ENDED DECEMBER 31, 2019 AND 2018, THE FOUNDATION'S MANAGEMENT EVALUATED ITS TAX POSITIONS TO DETERMINE THE EXISTENCE OF UNCERTAINTIES, AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION OR WHICH MAY HAVE AN AFFECT ON ITS TAX-EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON HOMES FOR HOPE -19,372
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON HOMES FOR HOPE -19,372
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MUSIC PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PROGRAM COSTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3FOOD
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4MENTAL HEALTH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5COURT COSTS FOR CHIL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6TENANT SERVICES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7DETOX PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8MEDICAL SERVICES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9AT RISK YOUTH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10HOMELESSNESS PREV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11HEALTH EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12DENTISTRY PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13RESOURCE NAVIGATOR
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14RESIDENT MEDICAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15AMBULANCE SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16CHILDREN'S SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17OFFENDER REENTRY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18SENIOR PROGRAMS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19EVENING PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt20MEAL PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt21CHILDREN'S LIBRARY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt22MIDDLE SCHOOL SUPPOR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0A CHILD'S SONG INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1A PRECIOUS CHILD INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ADAMS COUNTY EDUCATION CONSORTIUM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3ADAMS COUNTY EMERGENCY FOOD BANK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4BOYS & GIRLS CLUBS OF METRO DENVER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5CASA OF ADAMS & BROOMFIELD COUNTIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6COLORADO LEGAL SERVICES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7COMMUNITY REACH CENTER INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8EVERY CHILD PEDIATRICS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9EXTENDED HANDS OF HOPE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10GROWING HOME INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11KIDS FIRST HEALTH CARE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12KIDS IN NEED OF DENISTRY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13LA RAZA SERVICES INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14MERCY HOUSING MOUNTAIN PLAINS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15PLATTE VALLEY MEDICAL CENTER FOUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16RALSTON HOUSE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17SECOND CHANCE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt18SENIORS' RESOURCE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt19SHILOH HOME INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt20THE SENIOR HUB INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt21WESTMINSTER 710 ROTARY CLUB FOUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt22WESTMINSTER PUBLIC SCHOOLS
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt17051 W 118TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt212200 N PECOS ST 100
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt37111 E 56TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt42017 W 9TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51100 JUDICIAL CENTER DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt61905 SHERMAN ST 400
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt71870 W 122ND AVE 100
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt89197 GRANT ST 100
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9PO BOX 1938
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt103489 W 72ND AVE 112
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt114675 E 69TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt122465 S DOWNING ST 210
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt133131 W 14TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt141600 BROADWAY 2000
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1516 PRAIRIE CENTER PKWY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1610795 W 58TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt179722 E 16TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt183227 CHASE ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt196588 W OTTAWA AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2010190 BANNOCK ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21PO BOX 350141
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt227002 RALEIGH ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0THORNTON
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IRS990ScheduleI/RecipientTable/USAddress/CityNm2WESTMINSTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm3COMMERCE CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm4DENVER
IRS990ScheduleI/RecipientTable/USAddress/CityNm5BRIGHTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm6DENVER
IRS990ScheduleI/RecipientTable/USAddress/CityNm7WESTMINSTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm8THORNTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm9BROOMFIELD
IRS990ScheduleI/RecipientTable/USAddress/CityNm10WESTMINSTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm11COMMERCE CITY

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