Civic Intelligence

Adams County Foundation Inc

990 • Fiscal year 2020 • EIN 20-1971780

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 01, 2021

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.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

39th percentile

0.5%

Higher net margin than 39% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

58th percentile

9.7%

Faster asset growth than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

97th percentile

268%

Faster revenue growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$216,490

Up $19,115 (+9.7%) from 2019

Net Assets

Up

$216,490

Up $19,115 (+9.7%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$3,708,786

Up $2,700,649 (+268%) from 2019

Expenses

Up

$3,689,671

Up $2,732,135 (+285%) from 2019

Net Income

Down

$19,115

Down $31,486 (-62%) from 2019

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

2020

Assets$216,490
Liabilities$0
Net Assets$216,490

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

2020

Revenue$3,708,786
Expenses$3,689,671
Net Income$19,115
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 1, 2021
Return Version
2020v4.0
Gross Receipts
$3,708,786
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$197,375$216,490▲ $19,115
Total Assets$197,375$216,490▲ $19,115
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$166,467$181,737▲ $15,270
Net Assets Without Donor Restrictions$30,908$34,753▲ $3,845
Total Net Assets Fund Balance$197,375$216,490▲ $19,115
Total Liabilities and Net Assets / Fund Balance$197,375$216,490▲ $19,115
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jackson DreilingChair
Ken CiancioVice Chair
Billy S GurrBoard Member
Joann K VondracekBoard Member
Richard J DelaneyBoard Member
Jeni R ShawSecretary
Abel WurmnestTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,708,786
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$8,786
Change in Net Assets
$19,115

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,708,786
Total Revenue per Audited Statements
$3,708,786
Total Revenue per Form 990
$3,708,786
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,684,730
Other Expenses$4,941
Total Fundraising Expense$3,405
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,684,730--$3,684,730
Fees for Services Other-$1,486-$1,486
Office Expenses-$30-$30
Other Expenses-$20$3,405$20
Total Functional Expenses$3,684,730$1,536$3,405$3,689,671

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,689,671
Total Expenses per Audited Statements$3,689,671
Total Expenses per Form 990$3,689,671
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
School District 12 Edu FndThornton, CO501c3Emergency Needs$600,000
Front Range Cc FoundationWestminster, CO501c3Emergency Scholar.$300,000
Kids First Health CareCommerce City, CO501c3Health Education$300,000
Kids in Need of DentistryDenver, CO501c3Dentistry Program$300,000
Maiker Housing PartnersWestminster, COGovRental Assit$300,000
Westminster Ps FoundationWestminster, CO501c3Direct Needs$300,000
Westminster Ps FoundationWestminster, CO501c3Technology Needs$300,000
Colorado Enterprise FundDenver, CO501c3Relief Loan$185,000
Focus Points Family Resource CenterDenver, CO501c3Emergency Relief$140,000
Westminster Public SchoolsWestminster, COGovMiddle School Suppor$124,158
Gateway Domestic Violence ServicesAurora, CO501c3Essential Services$111,343
Access Housing of Adams CountyCommerce City, CO501c3Rental Assistance$100,000
Growing Home IncWestminster, CO501c3Homelessness Prev$87,894
WeecycleAurora, CO501c3Baby Essentials$79,000
Rocky Mountain Medical & Nursing CoThornton, CO501c3Mobile Health Svs$77,850
Hyland Hills Park & Rec DistrictFederal Heights, COGovSplashland Pool Rec$74,159
Food for HopeEastlake, CO501c3Food Distribution$40,886
Extended Hands of HopeBroomfield, CO501c3At Risk Youth$40,000
Westminster Legacy FoundWestminster, CO501c3Housing Support$40,000
Adams County School District 14Commerce City, COGovFood Distribution$30,124
Food for Thought DenverDenver, CO501c3Powersnack Program$30,000
Adams 12 Five Star SchoolsThornton, COGovFood Distribution$27,250
Foster SourceThornton, CO501c3Mental Health Svc$25,000
Junior Achievement Rocky MtDenver, CO501c3Virtual Fin Literacy$15,000
Rangeview Library Friends FoundatioThornton, CO501c3Virtual Programming$10,599
BAL SWAN CHILDREN'S CENTERBroomfield, CO501c3Early Childhood$10,000
Ralston HouseArvada, CO501c3CHILDREN'S SUPPORT$10,000
Denver American Indian FestivalEastlake, CO501c3Virtual Festival$7,500
Family Tree IncWheat Ridge, CO501c3Emergency Needs$7,000
Colorado Youth for ChangeDenver, CO501c3Online Learning$5,630
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
Yes
Other officer compensation reviewed
Yes
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
Treasurer
Phone
7205236991
Signed
2021-11-01
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
8

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.

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, 2020 and 2019, 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.

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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, 2020 AND 2019, 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/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EMERGENCY NEEDS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1AT RISK YOUTH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2HOMELESSNESS PREV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3HEALTH EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4DENTISTRY PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5CHILDREN'S SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6MIDDLE SCHOOL SUPPOR
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7RENTAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8FOOD DISTRIBUTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9FOOD DISTRIBUTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10EARLY CHILDHOOD
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11RELIEF LOAN
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12ONLINE LEARNING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13VIRTUAL FESTIVAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14EMERGENCY NEEDS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15EMERGENCY RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16FOOD DISTRIBUTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17POWERSNACK PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18MENTAL HEALTH SVC
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19EMERGENCY SCHOLAR.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt20ESSENTIAL SERVICES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt21SPLASHLAND POOL REC
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt22VIRTUAL FIN LITERACY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt23RENTAL ASSIT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt24VIRTUAL PROGRAMMING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt25MOBILE HEALTH SVS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt26BABY ESSENTIALS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt27DIRECT NEEDS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt28HOUSING SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt29TECHNOLOGY NEEDS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SCHOOL DISTRICT 12 EDU FND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1EXTENDED HANDS OF HOPE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2GROWING HOME INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3KIDS FIRST HEALTH CARE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4KIDS IN NEED OF DENTISTRY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5RALSTON HOUSE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6WESTMINSTER PUBLIC SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7ACCESS HOUSING OF ADAMS COUNTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8ADAMS 12 FIVE STAR SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9ADAMS COUNTY SCHOOL DISTRICT 14
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10BAL SWAN CHILDREN'S CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11COLORADO ENTERPRISE FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12COLORADO YOUTH FOR CHANGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13DENVER AMERICAN INDIAN FESTIVAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14FAMILY TREE INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15FOCUS POINTS FAMILY RESOURCE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16FOOD FOR HOPE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17FOOD FOR THOUGHT DENVER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt18FOSTER SOURCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt19FRONT RANGE CC FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt20GATEWAY DOMESTIC VIOLENCE SERVICES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt21HYLAND HILLS PARK & REC DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt22JUNIOR ACHIEVEMENT ROCKY MT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt23MAIKER HOUSING PARTNERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt24RANGEVIEW LIBRARY FRIENDS FOUNDATIO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt25ROCKY MOUNTAIN MEDICAL & NURSING CO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt26WEECYCLE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt27WESTMINSTER PS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt28WESTMINSTER LEGACY FOUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt29WESTMINSTER PS FOUNDATION
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01500 E 128TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 1938
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt23489 W 72ND AVE 112
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt34675 E 69TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt42465 S DOWNING ST 210
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt510795 W 58TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt67002 RALEIGH ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt76978 COLORADO BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt81500 E 128TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt95291 E 60TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt101145 E 13TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt111888 SHERMAN ST 530
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt122490 W 26TH AVE 110A
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13PO BOX 313

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