Civic Intelligence

Co Labs Inc.

990EZ • Fiscal year 2017 • EIN 26-0373539

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

2440 Pearl StreetBoulder, CO 80302

(720) 389-0455

Siviq Scores

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

Liabilities / Assets

97th percentile

1.94x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

87th percentile

0.19x

Higher debt load relative to revenue than 87% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

92nd percentile

$49,702

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 60.5% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

4th percentile

-80%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

88th percentile

65%

Faster revenue growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$8,238

Down $32,010 (-80%) from 2016

Net Assets

Down

-$7,762

Down $19,010 (-169%) from 2016

Liabilities

Down

$16,000

Down $13,000 (-45%) from 2016

Revenue

Up

$82,200

Up $32,379 (+65%) from 2016

Expenses

Down

$100,210

Down $21,653 (-18%) from 2016

Net Income

Up

-$18,010

Up $54,032 (+75%) from 2016

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2010: $21,456Liabilities 2010: $0Net Assets 2010: $21,4562010Assets 2011: $36,614Liabilities 2011: $0Net Assets 2011: $36,6142011Assets 2012: $46,347Liabilities 2012: $0Net Assets 2012: $46,3472012Assets 2013: $44,319Liabilities 2013: $0Net Assets 2013: $44,3192013Assets 2015: $98,790Net Assets 2015: $98,7902015Assets 2016: $40,248Liabilities 2016: $29,000Net Assets 2016: $11,2482016Assets 2017: $8,238Liabilities 2017: $16,000Net Assets 2017: -$7,7622017Assets 2018: $15,572Liabilities 2018: $16,000Net Assets 2018: -$4282018Assets 2019: $21,026Liabilities 2019: $15,000Net Assets 2019: $6,0262019Assets 2020: $14,698Liabilities 2020: $15,000Net Assets 2020: -$3022020Assets 2021: $11,835Liabilities 2021: $15,000Net Assets 2021: -$3,1652021Assets 2022: $30,415Liabilities 2022: $24,199Net Assets 2022: $6,2162022Assets 2023: $8,691Liabilities 2023: $15,000Net Assets 2023: -$6,3092023Assets 2024: $17,846Liabilities 2024: $23,047Net Assets 2024: -$5,2012024

Highlighted filing

2017

Assets$8,238
Liabilities$16,000
Net Assets-$7,762

Operations Trend

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

$200K$100K$0-$100KRevenue 2010: $50,754Expenses 2010: $60,733Net Income 2010: -$9,9792010Revenue 2011: $58,337Expenses 2011: $43,179Net Income 2011: $15,1582011Revenue 2012: $61,980Expenses 2012: $52,247Net Income 2012: $9,7332012Revenue 2013: $97,930Expenses 2013: $99,958Net Income 2013: -$2,0282013Revenue 2015: $82,630Expenses 2015: $39,243Net Income 2015: $43,3872015Revenue 2016: $49,821Expenses 2016: $121,863Net Income 2016: -$72,0422016Revenue 2017: $82,200Expenses 2017: $100,210Net Income 2017: -$18,0102017Revenue 2018: $107,846Expenses 2018: $100,512Net Income 2018: $7,3342018Revenue 2019: $108,892Expenses 2019: $103,438Net Income 2019: $5,4542019Revenue 2020: $45,755Expenses 2020: $52,083Net Income 2020: -$6,3282020Revenue 2021: $44,686Expenses 2021: $47,549Net Income 2021: -$2,8632021Revenue 2022: $97,779Expenses 2022: $88,398Net Income 2022: $9,3812022Revenue 2023: $100,618Expenses 2023: $113,143Net Income 2023: -$12,5252023Revenue 2024: $130,637Expenses 2024: $129,529Net Income 2024: $1,1082024

Highlighted filing

2017

Revenue$82,200
Expenses$100,210
Net Income-$18,010
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.2
Gross Receipts
$82,200
Mission and Program Overview

Mission

The organization's primary exempt purpose is to educate the public, businesses, educational organizations and governmental entities about the value of the federally funded laboratories, create connections between these sectors and support retention and expansion of colorado's scientific resources.

The organization's primary exempt purpose is to educate the public, businesses, educational organizations and governmental entities about the value of the federally

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAN POWERSExecutive DirectorPT$49,702-$49,702
BRIAN PAYERChairman-$0--
SCOTT STERNBERGOut-Going Chair-$0--
ALAN RUDOLPHVice Chair-$0--
LINDA ROWANSecretary-$0--
KRISTINA KESSELRINGTreasurer-$0--
TONY BUSALACHIBoard Member-$0--
BRUCE DAHLBoard Member-$0--
CRAIG EICHERBoard Member-$0--
ANNA EWINGBoard Member-$0--
BOBI GARRETTBoard Member-$0--
RICHARD LEONARDBoard Member-$0--
KATY HUMAN PHDBoard Member-$0--
MAKENZIE LYSTRUPBoard Member-$0--
JENNIFER PINSONNEAULTBoard Member-$0--
LAURA BRANDTBoard Member-$0--
CHRIS SHAPARDBoard Member-$0--
WILL VAUGHAN PHDBoard Member-$0--
LYLE PETERSONBoard Member-$0--
BILL POSSELBoard Member-$0--
TERRI FIEZBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Co Labs Inc
EIN
26-0373539
Phone
7203890455
Address
2440 PEARL STREET, BOULDER, CO 80302

Signing Officer

Name
Brian Payer
Title
Chairman
Phone
7203890455
Signed
2018-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Kristina Kesselring
Address
1121 EAST COLUMBIA ST, COLORADO SPRINGS, CO 80903
Preparer
Kristina Kesselring CPA
Phone
7192909871
Supplemental Narrative

Additional Explanations

Other

Form 990-ez, part iii, line 28 - program service accomplishments:

Other

Co-labs is a consortium of research universities, federal research labs, private businesses, local governments and nonprofit agencies created in 2007 to educate the public about the work and value of colorado's 30 federally funded labs and research institutions, facilitate technology transfer between the labs and the private sector and promote retention and expansion of the research. By building an informed constituency, co-labs connects the research of the federal scientists with colorado needs such as workforce development, entrepreneurial business creation, research opportunities with universities and technology companies and research collaborations.

Other

Co-labs documents and publicizes the value and impact of these facilitiies. The 30 labs provide nearly 8,000 jobs and $2.3 billion in economic value to the state of colorado. Co-labs hosts the highest concentration of climate, weather and renewable energy scientists in the united states. Documenting these impacts and educating coloradans about the "cool science" being done here will result in greater support for the federal labs in their communities, greater ability to recruit top scientists to work here and more activity to link research to commercial products and enterprises. These are the metrics used to plan and evaluate co-labs programs.

Form 990EZ, Part I, Line 16

Conferences & fundraising expenses 5905.

Form 990EZ, Part I, Line 16

EVENTS EXPENSE 26082.

Form 990EZ, Part I, Line 16

Economic impact study expense 16000.

Form 990EZ, Part I, Line 16

LICENSES AND FEES 20.

Form 990EZ, Part I, Line 16

Payment processing charges 1224.

Form 990EZ, Part I, Line 20

Prior period adjustment -1000.

Form 990EZ, Part II, Line 24

Contributions receivable 7000. 2000.

Form 990EZ, Part II, Line 26

Grant reimbursement 29000. 0.

Form 990EZ, Part II, Line 26

Economic study reimbursement 0. 16000.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-EZ, PART III, LINE 28 - PROGRAM SERVICE ACCOMPLISHMENTS:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CO-LABS IS A CONSORTIUM OF RESEARCH UNIVERSITIES, FEDERAL RESEARCH LABS, PRIVATE BUSINESSES, LOCAL GOVERNMENTS AND NONPROFIT AGENCIES CREATED IN 2007 TO EDUCATE THE PUBLIC ABOUT THE WORK AND VALUE OF COLORADO'S 30 FEDERALLY FUNDED LABS AND RESEARCH INSTITUTIONS, FACILITATE TECHNOLOGY TRANSFER BETWEEN THE LABS AND THE PRIVATE SECTOR AND PROMOTE RETENTION AND EXPANSION OF THE RESEARCH. BY BUILDING AN INFORMED CONSTITUENCY, CO-LABS CONNECTS THE RESEARCH OF THE FEDERAL SCIENTISTS WITH COLORADO NEEDS SUCH AS WORKFORCE DEVELOPMENT, ENTREPRENEURIAL BUSINESS CREATION, RESEARCH OPPORTUNITIES WITH UNIVERSITIES AND TECHNOLOGY COMPANIES AND RESEARCH COLLABORATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CO-LABS DOCUMENTS AND PUBLICIZES THE VALUE AND IMPACT OF THESE FACILITIIES. THE 30 LABS PROVIDE NEARLY 8,000 JOBS AND $2.3 BILLION IN ECONOMIC VALUE TO THE STATE OF COLORADO. CO-LABS HOSTS THE HIGHEST CONCENTRATION OF CLIMATE, WEATHER AND RENEWABLE ENERGY SCIENTISTS IN THE UNITED STATES. DOCUMENTING THESE IMPACTS AND EDUCATING COLORADANS ABOUT THE "COOL SCIENCE" BEING DONE HERE WILL RESULT IN GREATER SUPPORT FOR THE FEDERAL LABS IN THEIR COMMUNITIES, GREATER ABILITY TO RECRUIT TOP SCIENTISTS TO WORK HERE AND MORE ACTIVITY TO LINK RESEARCH TO COMMERCIAL PRODUCTS AND ENTERPRISES. THESE ARE THE METRICS USED TO PLAN AND EVALUATE CO-LABS PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFERENCES & FUNDRAISING EXPENSES 5905.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EVENTS EXPENSE 26082.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ECONOMIC IMPACT STUDY EXPENSE 16000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LICENSES AND FEES 20.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9CONTRIBUTIONS RECEIVABLE 7000. 2000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10GRANT REIMBURSEMENT 29000. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ECONOMIC STUDY REIMBURSEMENT 0. 16000.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 26
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.229.148.92
ReturnHeader/FilingSecurityInformation/IPDt02018-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm021:40:33
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KRISTINA KESSELRING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01121 EAST COLUMBIA ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLORADO SPRINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080903
ReturnHeader/PreparerPersonGrp/PhoneNum07192909871
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KRISTINA KESSELRING CPA
ReturnHeader/ReturnTs02018-11-14T21:40:42-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.18$0.23$0.05$1.31$1.30$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.15$0.06$1.01$1.13$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.30$0.24$0.06$0.98$0.88$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.12$0.15$0.03$0.45$0.48$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.15$0.15$0.00$0.46$0.52$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.21$0.15$0.06$1.09$1.03$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.16$0.16$0.00$1.08$1.01$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.08$0.16$0.08$0.82$1.00$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.40$0.29$0.11$0.50$1.22$0.72
2015Detailed filing. Detailed filing data is available for this year.$0.99$0.99$0.83$0.39$0.43
2013Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.98$1.00$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.00$0.46$0.62$0.52$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.58$0.43$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.00$0.21$0.51$0.61$0.10