Civic Intelligence

Highpointers Foundation Inc

990 • Fiscal year 2022 • EIN 20-5276032

Jan 01, 2022 to Dec 31, 2022 • Filed on May 12, 2023

PO Box 2092Evergreen, CO 80437

(303) 517-0355

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

91st percentile

56%

Higher net margin than 91% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$500

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

81st percentile

40%

Faster asset growth than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

81st percentile

81%

Faster revenue growth than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$79,467

Up $22,753 (+40%) from 2021

Net Assets

Up

$79,467

Up $22,753 (+40%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$40,558

Up $18,117 (+81%) from 2021

Expenses

Up

$17,939

Up $14,056 (+362%) from 2021

Net Income

Up

$22,619

Up $4,061 (+22%) from 2021

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $33,690Liabilities 2011: $0Net Assets 2011: $33,6902011Assets 2015: $24,697Liabilities 2015: $0Net Assets 2015: $24,6972015Assets 2016: $19,721Liabilities 2016: $0Net Assets 2016: $19,7212016Assets 2017: $28,828Liabilities 2017: $0Net Assets 2017: $28,8282017Assets 2018: $37,806Liabilities 2018: $0Net Assets 2018: $37,8062018Assets 2019: $43,484Liabilities 2019: $0Net Assets 2019: $43,4842019Assets 2020: $37,786Liabilities 2020: $0Net Assets 2020: $37,7862020Assets 2021: $56,714Liabilities 2021: $0Net Assets 2021: $56,7142021Assets 2022: $79,467Liabilities 2022: $0Net Assets 2022: $79,4672022Assets 2023: $72,693Liabilities 2023: $0Net Assets 2023: $72,6932023Assets 2024: $72,141Liabilities 2024: $0Net Assets 2024: $72,1412024

Highlighted filing

2022

Assets$79,467
Liabilities$0
Net Assets$79,467

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2011: $6,739Expenses 2011: $6,872Net Income 2011: -$1332011Revenue 2015: $28,994Expenses 2015: $35,658Net Income 2015: -$6,6642015Revenue 2016: $16,069Expenses 2016: $24,045Net Income 2016: -$7,9762016Revenue 2017: $16,415Expenses 2017: $8,865Net Income 2017: $7,5502017Revenue 2018: $23,959Expenses 2018: $21,306Net Income 2018: $2,6532018Revenue 2019: $14,747Expenses 2019: $10,614Net Income 2019: $4,1332019Revenue 2020: $12,507Expenses 2020: $18,205Net Income 2020: -$5,6982020Revenue 2021: $22,441Expenses 2021: $3,883Net Income 2021: $18,5582021Revenue 2022: $40,558Expenses 2022: $17,939Net Income 2022: $22,6192022Revenue 2023: $26,988Expenses 2023: $34,832Net Income 2023: -$7,8442023Revenue 2024: $33,371Expenses 2024: $34,925Net Income 2024: -$1,5542024

Highlighted filing

2022

Revenue$40,558
Expenses$17,939
Net Income$22,619
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 12, 2023
Return Version
2022v5.0
Gross Receipts
$40,558
Mission and Program Overview

Mission

The Highpointers Foundation provides a forum for education about the 50 state highpoints, aids in the conservation of highpoints and their environs, maintains positive relationships with owners of highpoints on public and private property, assists in the care and maintenance of highpoints, and supports public and private efforts to maintain the integrity of and safe access to state highpoints.

To aid in the preservation and conservation of the 50 state highpoints and to maintain safe access for the public to these highpoints.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$56,714$79,467▲ $22,753
Savings and Temporary Cash Investments$33,827$53,830▲ $20,003
Cash and Non-Interest-Bearing Accounts$12,857$15,022▲ $2,165
Land, Buildings, and Equipment, Net$6,325$6,325→ $0
Inventories for Sale or Use$3,705$4,290▲ $585
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$56,714$79,467▲ $22,753
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$56,714$79,467▲ $22,753
Total Liabilities and Net Assets / Fund Balance$56,714$79,467▲ $22,753

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$6,325-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleBaseTotal
Gerry RoachWebmaster and Communications Director$500$500

Board Members and Trustees

NameTitle
Dave CovillLead Director and President
Tonya HancockCommunications Director
Olivier KozlowskiCompliance Director
Jim HawkinsDonations Director
Roy WallenFinancial Director and Treasurer
Jane BertrandFundraising Director and Secretary
Carol RadfordLegacy Giving Director
Alfred DempseyProjects Director
Jim GlazeProjects Director
Raina RusnakProjects Director
Robyn WatsonProjects Director
Stony BurkProjects Director
Fallon RoweSocial Media Director
Frederick LobdellTaxation Director
Revenue and Support

Revenue Composition

Contributions and Grants
$40,384
Program Service Revenue
$0
Investment Income
$4
Other Revenue
$170
All Other Contributions
$40,209
Change in Net Assets
$22,619
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$14,332
Other Expenses$3,107
Total Fundraising Expense$1,938
Salaries, Compensation, and Employee Benefits$500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$14,332--$14,332
Advertising$0$0$1,338$1,338
Insurance$0$698$0$698
Payments to Affiliates$0$0$600$600
Current Officers, Directors, Trustees, and Key Employees$0$500$0$500
Other Expenses$0$284$0$284
Office Expenses$0$177$0$177
Total Functional Expenses$14,332$1,669$1,938$17,939
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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, Part VI, Section A, Line 8B

There are no committees authorized to act on behalf of the governing body.

Form 990, Part VI, Section A, Line 9

The following Directors cannot be reached at the Foundation's mailing address: Gerry Roach: 1317 South Mesa Avenue, Montrose CO 81401; Jane Bertrand: 570 Walnut Street, New Orleans LA 70118; Fallon Rowe: 2075 South Sir Monte Drive - Apt # 4, St George, UT 84770; Raina Rusnak: 7718 White Willow Court, Springfield VA 22153; Olivier Kozlowski: 22 Tracy Circle, Mansfield, MA 02048; Fred Lobdell: P.O. Box 57, Macon, NC 27551; Carol Radford: P.O. Box 3668, San Diego, CA 92163; Stony Burk: 1627 Gaston Road, Apple Springs, TX 75926; Alfred Dempsey: 72670 Yucca Court, Palm Desert, CA 92260; Jim Glaze: 7785 Devonshire Drive, Beaumont, TX 77713; Tonya Hancock: 500 Menees Lane, Madison, TN 37115; Jim Hawkins: 13550 23rd Place NE, Seattle, WA 98125; Roy Wallen: 27 Proctor Hill Road, Brookline, NH 03033; Robyn Watson: 6817 Netherland Drive, Liberty Township, OH 45044

Form 990, Part VI, Section B, Line 11B

The Form 990 is reviewed by the President and the Treasurer prior to filing.

Form 990, Part VI, Section C, Line 19

The Foundation's Form 1023, Bylaws, Articles of Incorporation, are posted in full on its website, as are Page 1 of all Form 990's dating back to inception in 2006. Financial Statements are available upon written request. A written Conflict of Interest Policy, a Donor Privacy Policy, a Corporate Privacy Policy, a Document Retention Policy, a Social Media Policy are all in place and available on the website. A Whistleblower Policy is being created in 2023.

Filing and Contact Details

Filer

Filer Name
Highpointers Foundation Inc
EIN
20-5276032
Phone
3035170355
Address
PO Box 2092, Evergreen, CO 80437

Signing Officer

Name
Dave Covill
Title
President
Phone
3035170355
Signed
2023-05-12

Organization Details

Principal Officer
Dave Covill
Formed
2006
Legal Domicile
Co
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
15
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Form 990, Part III, Line 2 - North Dakota: see Part III Line 4a; Nebraska: : see Part III Line 4b; Maine: see Part III Line 4c. Part III, Line 3 - no expenditures were made in the following states where expenditures were made in 2021: Connecticut, Nevada.

Form 990, Part XI, Line 9

This small increase in Inventory reflects bench and other tangible parts used, additional books brought into Inventory for Silent Auction purposes, as well as additional Magnets and Medallions obtained for the Donor Recognition Program.

Financial Statement Notes

Schedule D, Part II, Line 5

Schedule D, Part II, Line 5 - North Dakota: $579 was spent on Liability Insurance for the permanent easement that the Foundation holds on the North Dakota Highpoint and the approach to the Highpoint, per the easement agreement. The Foundation has named a Qualified Person to act as the Manager. The Manager shall inspect the easement acreage annually and maintains communication with the ranch owner. The property owner has been provided the name, address, and contact information for the Manager.

Schedule D, Part II, Line 9

The Foundation purchased the easement from the property owner, and the purchase price and closing costs have been included on Part IX, Lines 1 and 25 of Form 990. On the Balance Sheet the basis of the easement is reported on lines 10a and 10c and is included in Total Assets on lines 16 and 33.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Webmaster and Communications Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Fundraising Director and Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Projects Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Lead Director and President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Projects Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Projects Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Communications Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Donations Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Taxation Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Legacy Giving Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Social Media Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Financial Director and Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt12Projects Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Projects Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Compliance Director
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IRS990/MissionDesc0The Highpointers Foundation provides a forum for education about the 50 state highpoints, aids in the conservation of highpoints and their environs, maintains positive relationships with owners of highpoints on public and private property, assists in the care and maintenance of highpoints, and supports public and private efforts to maintain the integrity of and safe access to state highpoints.
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