Civic Intelligence

Frvbc Foundation

990 • Fiscal year 2023 • EIN 20-2138865

Oct 01, 2022 to Jun 30, 2023 • Filed on May 09, 2024

8480 Upland DriveEnglewood, CO 80112

(303) 770-9435

Siviq Scores

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

Liabilities / Assets

99th percentile

4.71x

Higher debt load relative to assets than 99% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

0.27x

Higher debt load relative to revenue than 80% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

8th percentile

-44%

Higher net margin than 8% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

93rd percentile

$134,615

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 37.7% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

1st percentile

-88%

Faster asset growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

85th percentile

66%

Faster revenue growth than 85% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$20,625

Down $155,866 (-88%) from 2022

Net Assets

Down

-$76,473

Down $157,758 (-194%) from 2022

Liabilities

Up

$97,098

Up $1,892 (+2.0%) from 2022

Revenue

Up

$356,690

Up $142,119 (+66%) from 2022

Expenses

Down

$514,448

Down $664,708 (-56%) from 2022

Net Income

Up

-$157,758

Up $806,827 (+84%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $1,166,130Liabilities 2010: $0Net Assets 2010: $1,166,1302010Assets 2011: $1,183,581Liabilities 2011: $0Net Assets 2011: $1,183,5812011Assets 2012: $1,222,922Liabilities 2012: $0Net Assets 2012: $1,222,9222012Assets 2013: $1,774,755Liabilities 2013: $881,471Net Assets 2013: $893,2842013Assets 2014: $1,654,911Liabilities 2014: $984,340Net Assets 2014: $670,5712014Assets 2015: $1,575,640Liabilities 2015: $1,131,975Net Assets 2015: $443,6652015Assets 2016: $1,984,287Liabilities 2016: $1,322,173Net Assets 2016: $662,1142016Assets 2017: $2,098,531Liabilities 2017: $1,166,433Net Assets 2017: $932,0982017Assets 2018: $2,427,157Liabilities 2018: $1,339,494Net Assets 2018: $1,087,6632018Assets 2019: $1,879,022Liabilities 2019: $4,383Net Assets 2019: $1,874,6392019Assets 2020: $1,757,394Liabilities 2020: $223,929Net Assets 2020: $1,533,4652020Assets 2021: $1,256,818Liabilities 2021: $210,948Net Assets 2021: $1,045,8702021Assets 2022: $176,491Liabilities 2022: $95,206Net Assets 2022: $81,2852022Assets 2023: $20,625Liabilities 2023: $97,098Net Assets 2023: -$76,4732023Assets 2024: $335,277Liabilities 2024: $3,398Net Assets 2024: $331,8792024

Highlighted filing

2023

Assets$20,625
Liabilities$97,098
Net Assets-$76,473

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2010: $1,717,397Expenses 2010: $1,306,641Net Income 2010: $410,7562010Revenue 2011: $1,430,679Expenses 2011: $1,416,491Net Income 2011: $14,1882011Expenses 2012: $957,3982012Revenue 2013: $674,971Expenses 2013: $1,004,609Net Income 2013: -$329,6382013Revenue 2014: $893,490Expenses 2014: $1,116,203Net Income 2014: -$222,7132014Revenue 2015: $1,117,518Expenses 2015: $1,344,425Net Income 2015: -$226,9072015Revenue 2016: $1,621,085Expenses 2016: $1,402,636Net Income 2016: $218,4492016Revenue 2017: $1,801,682Expenses 2017: $1,531,698Net Income 2017: $269,9842017Revenue 2018: $1,759,298Expenses 2018: $1,603,733Net Income 2018: $155,5652018Revenue 2019: $1,880,456Expenses 2019: $1,093,480Net Income 2019: $786,9762019Revenue 2020: $655,741Expenses 2020: $996,915Net Income 2020: -$341,1742020Revenue 2021: $625,440Expenses 2021: $1,113,035Net Income 2021: -$487,5952021Revenue 2022: $214,571Expenses 2022: $1,179,156Net Income 2022: -$964,5852022Revenue 2023: $356,690Expenses 2023: $514,448Net Income 2023: -$157,7582023Revenue 2024: $707,907Expenses 2024: $332,983Net Income 2024: $374,9242024

Highlighted filing

2023

Revenue$356,690
Expenses$514,448
Net Income-$157,758
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Jun 30, 2023
Signed
May 9, 2024
Return Version
2022v5.0
Gross Receipts
$789,727
Mission and Program Overview

Mission

To raise funds to carry out the purposes of the front range volleyball club, inc. To raise funds for youth development programs and to provide grants to front range volleyball club, inc. For the furtherance of the tax exempt purposes of that organization.

To raise funds for youth development programs and provide grants to front range volleyball club, inc. For the furtherance of the tax exempt purpose of that organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors-$79,990-
Prepaid Expenses and Deferred Charges$63,179--
Savings and Temporary Cash Investments-$10,979-
Cash and Non-Interest-Bearing Accounts$113,312$9,646▼ $103,666
Total Assets$176,491$20,625▼ $155,866
Liabilities
Deferred Revenue$74,814--
Accounts Payable and Accrued Expenses$20,392$17,108▼ $3,284
Total Liabilities$95,206$97,098▲ $1,892
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$81,285$-76,473▼ $157,758
Total Net Assets Fund Balance$81,285$-76,473▼ $157,758
Total Liabilities and Net Assets / Fund Balance$176,491$20,625▼ $155,866
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
James K MiretBoard MemberPT$134,615$134,615

Board Members and Trustees

NameTitle
Winston FuChairman
Cassandra BossBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$55,660
Investment Income
$4
Other Revenue
$301,026
Change in Net Assets
$-157,758
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$293,212
Total Fundraising Expense$169,461
Other Expenses$165,474
Grants and Similar Amounts Paid$55,762
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$139,674--$139,674
Current Officers, Directors, Trustees, and Key Employees$44,872$44,872$44,872$134,616
Other Salaries and Wages-$15,000$107,529$122,529
Grants to Domestic Orgs$55,762--$55,762
Payroll Taxes$2,970$4,372$11,731$19,073
Other Employee Benefits-$16,994-$16,994
Fees for Services Legal-$9,580$3,193$12,773
Fees for Services Accounting-$5,269$1,756$7,025
Insurance-$4,163-$4,163
Information Technology$1,555--$1,555
Office Expenses-$1,341-$1,341
Travel$190$190$380$760
Interest-$211-$211
Other Expenses$595$-2,917-$-2,917
Total Functional Expenses$245,618$99,369$169,461$514,448
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Front Range Volleyball Club IncEnglewood, CO501c3To Provide Sports Co$55,762
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$734,063
Fundraising Direct Expenses$433,037
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Crossroads Tour$734,063$734,063$429,344$304,719
Total Events$734,063$734,063$433,037$301,026
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
James K MiretBoard MemberBoard MemberNo-

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$79,990-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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 11B

A draft of the form 990 is provided to the executive director for review and approval; upon approval the return is released to the irs.

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

The organization regularly and consistently monitors and enforces compliance of any and all officers, directors, trustees, etc. With the organization's conflict of interest policy.

Form 990, Page 6, Part VI, Line 18

The organization's form 990 is available for public inspection upon request and at www.guidestar.org.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Frvbc Foundation
EIN
20-2138865
Phone
3037709435
Address
8480 UPLAND DRIVE, ENGLEWOOD, CO 80112

Signing Officer

Name
James K Miret
Title
Board Member
Phone
0030377094
Signed
2024-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James K Miret
Formed
2004
Legal Domicile
Co
Voting Board Members
3
Independent Board Members
3
Employees
6

Preparer

Firm
May Jackson Hendrick LLC
Address
18801 E MAINSTREET STE 240, PARKER, CO 80134-3445
Preparer
Lori K Hendrick
Phone
3038414220
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

IT SERVICES 139,674 0 0

Raw XML Appendix367 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0429344
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0429344
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt055762
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE SPORTS CO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FRONT RANGE VOLLEYBALL CLUB INC
IRS990ScheduleI/RecipientTable/RecipientEIN0742389206
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt08480 UPLAND DRIVE SUITE 100
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ENGLEWOOD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd080112
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ASSISTING WITH THE OVERSEEING OF THE TOURNAMENT SCHEDULING AND INSTRUCTION OF YOUTH VOLLEYBALL.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JAMES K MIRET
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt079990
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CASHFLOW NEEDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt079990
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0WINSTON FU
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CHAIRMAN OF BOARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0JAMES K. MIRET IS A BOARD MEMBER OF FRVBC FOUNDATION AND FRONT RANGE VOLLEYBALL CLUB, INC. PROCEEDS FROM THE CROSSROADS VOLLEYBALL TOURNAMENT ARE CONTRIBUTED TO FRONT RANGE VOLLEYBALL CLUB, INC.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990ScheduleL/TotalBalanceDueAmt079990
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE FORM 990 IS PROVIDED TO THE EXECUTIVE DIRECTOR FOR REVIEW AND APPROVAL; UPON APPROVAL THE RETURN IS RELEASED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE OF ANY AND ALL OFFICERS, DIRECTORS, TRUSTEES, ETC. WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AND AT WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IT SERVICES 139,674 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0176491
IRS990/TotalAssetsEOYAmt020625
IRS990/TotalAssetsGrp/BOYAmt0176491
IRS990/TotalAssetsGrp/EOYAmt020625
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0169461
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt099369
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0245618
IRS990/TotalFunctionalExpensesGrp/TotalAmt0514448
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt095206
IRS990/TotalLiabilitiesEOYAmt097098
IRS990/TotalLiabilitiesGrp/BOYAmt095206
IRS990/TotalLiabilitiesGrp/EOYAmt097098
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt081285
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-76473
IRS990/TotalProgramServiceExpensesAmt0245618
IRS990/TotalProgramServiceRevenueAmt055660
IRS990/TotalReportableCompFromOrgAmt0134615
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt055664
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0356690
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0176491
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt020625
IRS990/TravelGrp/FundraisingAmt0380
IRS990/TravelGrp/ManagementAndGeneralAmt0190
IRS990/TravelGrp/ProgramServicesAmt0190
IRS990/TravelGrp/TotalAmt0760
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES K MIRET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum00030377094
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRVBC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FRVB
ReturnHeader/Filer/EIN0202138865
ReturnHeader/Filer/PhoneNum03037709435
ReturnHeader/Filer/USAddress/AddressLine1Txt08480 UPLAND DRIVE
ReturnHeader/Filer/USAddress/CityNm0ENGLEWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080112
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201617168
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAY JACKSON HENDRICK LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt018801 E MAINSTREET STE 240
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PARKER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0801343445
ReturnHeader/PreparerPersonGrp/PhoneNum03038414220
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI K HENDRICK
ReturnHeader/ReturnTs02024-05-14T08:28:12-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAMES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MIRET
ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.00$0.33$0.71$0.33$0.37
2023Detailed filing. Detailed filing data is available for this year.$0.02$0.10$0.08$0.36$0.51$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.10$0.08$0.21$1.18$0.96
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.21$1.05$0.63$1.11$0.49
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.22$1.53$0.66$1.00$0.34
2019Summary only. Only limited summary data is available for this year.$1.88$0.00$1.87$1.88$1.09$0.79
2018Summary only. Only limited summary data is available for this year.$2.43$1.34$1.09$1.76$1.60$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$1.17$0.93$1.80$1.53$0.27
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$1.32$0.66$1.62$1.40$0.22
2015Detailed filing. Detailed filing data is available for this year.$1.58$1.13$0.44$1.12$1.34$0.23
2014Detailed filing. Detailed filing data is available for this year.$1.65$0.98$0.67$0.89$1.12$0.22
2013Detailed filing. Detailed filing data is available for this year.$1.77$0.88$0.89$0.67$1.00$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.00$1.22$0.96
2011Summary only. Only limited summary data is available for this year.$1.18$0.00$1.18$1.43$1.42$0.01
2010Summary only. Only limited summary data is available for this year.$1.17$0.00$1.17$1.72$1.31$0.41