Civic Intelligence

First Presbyterian Church Of

EIN 26-2348716 • 501(c)3 • Colorado Springs, CO

Profile

To support the spiritual and physical needs of all people in the pikes peak region, the state of colorado, the united states of america, the western hemisphere, and the world by supporting the operations and activities of the first presbyterian church of colorado springs, a colorado nonprofit corporation.

219 E BijouColorado Springs, CO 80903

www.first-pres.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

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

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

Liabilities / Revenue

20th percentile

0.00x

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

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

Net Margin

4th percentile

-94%

Higher net margin than 4% of similar nonprofits.

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

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

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

Asset Growth

63rd percentile

8.8%

Faster asset growth than 63% of similar nonprofits.

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

Revenue Growth

5th percentile

-56%

Faster revenue growth than 5% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$3,338,258

Up $270,251 (+8.8%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Up

$3,338,258

Up $270,251 (+8.8%) from 2019

Operations
Liabilities / Revenue20th percentileNet Margin4th percentile

Revenue

Down

$39,112

Down $48,840 (-56%) from 2019

Expenses

Up

$75,702

Up $1,887 (+2.6%) from 2019

Net Income

Down

-$36,590

Down $50,727 (-359%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $2,027,454Liabilities 2012: $0Net Assets 2012: $2,027,4542012Assets 2013: $2,237,373Liabilities 2013: $0Net Assets 2013: $2,237,3732013Assets 2014: $2,335,427Liabilities 2014: $0Net Assets 2014: $2,335,4272014Assets 2015: $2,300,116Liabilities 2015: $0Net Assets 2015: $2,300,1162015Assets 2016: $2,615,747Liabilities 2016: $0Net Assets 2016: $2,615,7472016Assets 2017: $2,822,227Liabilities 2017: $0Net Assets 2017: $2,822,2272017Assets 2018: $2,715,156Liabilities 2018: $0Net Assets 2018: $2,715,1562018Assets 2019: $3,068,007Liabilities 2019: $0Net Assets 2019: $3,068,0072019Assets 2020: $3,338,258Liabilities 2020: $0Net Assets 2020: $3,338,2582020

Highlighted filing

2020

Assets$3,338,258
Liabilities$0
Net Assets$3,338,258
Open 2020 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2012: $47,2412012Revenue 2013: $170,230Expenses 2013: $44,572Net Income 2013: $125,6582013Revenue 2014: $85,698Expenses 2014: $56,893Net Income 2014: $28,8052014Revenue 2015: $41,134Expenses 2015: $59,657Net Income 2015: -$18,5232015Revenue 2016: $281,742Expenses 2016: $50,132Net Income 2016: $231,6102016Revenue 2017: $8,938Expenses 2017: $67,695Net Income 2017: -$58,7572017Revenue 2018: $31,316Expenses 2018: $70,690Net Income 2018: -$39,3742018Revenue 2019: $87,952Expenses 2019: $73,815Net Income 2019: $14,1372019Revenue 2020: $39,112Expenses 2020: $75,702Net Income 2020: -$36,5902020

Highlighted filing

2020

Revenue$39,112
Expenses$75,702
Net Income-$36,590
Open 2020 Filing

Filings

Most recent year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,338,258
Liabilities
$0
Net assets
$3,338,258
Revenue
$39,112
Expenses
$75,702
Net income
-$36,590
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$3.34$0.00$3.34$0.04$0.08$0.04
2019Detailed filing. Detailed filing data is available for this year.$3.07$0.00$3.07$0.09$0.07$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.72$0.00$2.72$0.03$0.07$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.82$0.01$0.07$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$0.28$0.05$0.23
2015Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$0.04$0.06$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.34$0.00$2.34$0.09$0.06$0.03
2013Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.17$0.04$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.00$2.03$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 4, 2021
Return Version
2020v4.1
Gross Receipts
$39,112
Mission and Program Overview

Mission

To support the spiritual and physical needs of all people in the pikes peak region, the state of colorado, the united states of america, the western hemisphere, and the world by supporting the operations and activities of the first presbyterian church of colorado springs, a colorado nonprofit corporation.

To support the spiritual and physical needs of all people in the world by supporting the operations and activities of the first presbyterian church of colorado springs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,996,972$3,015,559▲ $1,018,587
Land, Buildings, and Equipment, Net$1,004,448$256,000▼ $748,448
Savings and Temporary Cash Investments$61,830$61,942▲ $112
Cash and Non-Interest-Bearing Accounts$0$0→ $0
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
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$3,068,007$3,338,258▲ $270,251
Other Assets Total$4,757$4,757→ $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
Other Liabilities$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
Net Assets With Donor Restrictions$2,738,362$3,002,712▲ $264,350
Net Assets Without Donor Restrictions$329,645$335,546▲ $5,901
Total Net Assets Fund Balance$3,068,007$3,338,258▲ $270,251
Total Liabilities and Net Assets / Fund Balance$3,068,007$3,338,258▲ $270,251

Asset Categories

AssetBook ValueDepreciationBasis
Land$256,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$2,750,175$39,000▲ $311,423-$3,024,896
2019$2,397,625$87,652▲ $338,713-$2,750,175
2018$2,504,895$31,116▼ $67,696-$2,397,625
2017$2,298,506$8,845▲ $265,239-$2,504,895
2016$2,239,267$25,651▲ $84,020-$2,298,506
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Paul NelsonChairman
Aaron ZimmermanDirector
Alan JacobsDirector
Mike AlbrightDirector
Nick FullerDirector
Tonya LarkDirector
Gary ShugartTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$39,000
Program Service Revenue
$0
Investment Income
$112
Other Revenue
$0
All Other Contributions
$39,000
Change in Net Assets
$-36,590
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$75,702
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$75,702--$75,702
Total Functional Expenses$75,702$0$0$75,702
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
First Presbyterian Church of Colorado SpgsColorado Springs, CO501(c)(3)Ministry expenses$75,702
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
Yes
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
Yes
Management duties delegated
No

Governance Explanations

PART VI, Section A, Line 6, 7A, & 7B

“EXPLAIN THE CIRCUMSTANCES FOR HAVING MEMBERS The Sole Member of the Foundation is The First Presbyterian Church of Colorado Springs, Colorado (the Church). The sole member has the power and authority to appoint and to remove all of the directors of the Foundation. The sole member also must approve amendment or restatement of the Articles of Incorporation or Bylaws, merger, consolidation, reorganization or dissolution, any change in the formal or informal statement of the purposes and objective of the Foundation and the appointment of an independent auditor.”

PART VI, Section B, Line 11B

“Describe the process to review the 990 the form 990 is prepared by a third party. The form 990 is reviewed by the director of finance of the church and a copy is provided to the board prior to filing.”

PART VI, section B, Line 12C

“PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY IF ANY PERSON WHO IS A DIRECTOR OR OFFICER OF THE FOUNDATION IS AWARE THAT THE FOUNDATION IS ABOUT TO ENTER A BUSINESS TRANSACTION WHICH COULD GIVE RISE TO A POTENTIAL CONFLICT OF INTEREST, SUCH PERSON SHALL (i) INFORM THOSE CHARGED WITH APPROVING THE TRANSACTION ON BEHALF OF THE FOUNDATION, (ii) DISCLOSE ANY MATERIAL FACTS IN REGARDS TO THE TRANSACTION, (iii) NOT BE ENTITLED TO VOTE ON THE DECISION TO ENTER INTO SUCH TRANSACTION.”

PART VI, Section C, Line 19

“Describe how documents are made available to the public the articles of incorporation, bylaws and conflict of interest policy statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
First Presbyterian Church of
EIN
26-2348716
In Care Of
% FIRST PRESBYTERIAN CHURCH
Phone
7198846100
Address
219 E BIJOU, COLORADO SPRINGS, CO 80903

Signing Officer

Name
Gary Shugart
Title
Treasurer
Phone
7198846100
Signed
2021-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Shugart
Formed
2008
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
6

Preparer

Firm
Bkd Llp
Address
111 South Tejon Suite 800, Colorado Springs, CO 80903-9848
Preparer
Adam R Smith CPA
Phone
7194714290
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

“Describe the intended uses of the organization's endowment funds the first presbyterian church of colorado springs foundation has several funds included in its endowment. The endowment funds earnings are to be used for a number of church ministries including fellowship & seminary, honnen parlor, organ, and trustee discretionary expenses.”

Schedule D, Part X, Line 2

“Uncertain tax positions management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not indentified any material uncertain tax positions to be recorded or disclosed in the financial statements.”

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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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IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt03068007
IRS990/NetAssetsOrFundBalancesEOYAmt03338258
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0306841
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0329645
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0335546
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04757
IRS990/OtherAssetsTotalGrp/EOYAmt04757
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Gary Shugart
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt087652
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt073815
IRS990/PYInvestmentIncomeAmt0300
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt014137
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt073815
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt087952
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-36590
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt061830
IRS990/SavingsAndTempCashInvstGrp/EOYAmt061942
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Facts and Circumstances Test In 2016, in an infrequent and unusual event, the foundation received a large noncash donation from a donor in the form of land to be held for investment. The foundation is also related to and works regularly with First Presbyterian Church of Colorado Springs, a 501(c)(3) who receives most of its donations from broad public support. Due to these facts and circumstances, First Presbyterian Church of Colorado Springs Foundation should be considered a publicly supported organization.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, SECTION C, LINE 17A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt039000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt087652
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt031116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt08845
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0281650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0448263
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0112
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0300
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0200
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt093
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt092
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0797
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.11755
IRS990ScheduleA/PublicSupportPY170Pct00.13739
IRS990ScheduleA/PublicSupportTotal170Amt052788
IRS990ScheduleA/SubstantialContributorsTotAmt0395475
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt039000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt087652
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt031116
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt08845
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0281650
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0448263
IRS990ScheduleA/TotalSupportAmt0449060
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00590
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02750175
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt039000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03024896
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt075702
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0311423
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02397625
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt087652
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02750175
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt073815
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0338713
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02504895
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt031116
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02397625
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt070690
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-67696
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02298506
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt08845
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02504895
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt067695
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0265239
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02239267
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt025651
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02298506
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt050432
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt084020
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/LandGrp/BookValueAmt0256000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0256000
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.48630
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DESCRIBE THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS THE FIRST PRESBYTERIAN CHURCH OF COLORADO SPRINGS FOUNDATION HAS SEVERAL FUNDS INCLUDED IN ITS ENDOWMENT. THE ENDOWMENT FUNDS EARNINGS ARE TO BE USED FOR A NUMBER OF CHURCH MINISTRIES INCLUDING FELLOWSHIP & SEMINARY, HONNEN PARLOR, ORGAN, AND TRUSTEE DISCRETIONARY EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1UNCERTAIN TAX POSITIONS MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT INDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PART X, LINE 2
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.50780
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0256000
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt075702
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Ministry expenses
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0First Presbyterian Church of Colorado Spgs
IRS990ScheduleI/RecipientTable/RecipientEIN0840416230
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0219 E Bijou
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Colorado Springs
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd080903
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0DESCRIBE PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS GRANTS ARE MADE TO THE CHURCH FOR MINISTRIES IN ACCORDANCE WITH THE DONOR RESTRICTIONS. THE FOUNDATION AND CHURCH ARE IN CONTINUOUS COMMUNICATION TO ENSURE THAT FUNDS ARE USED FOR THE INTENDED PURPOSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPLAIN THE CIRCUMSTANCES FOR HAVING MEMBERS The Sole Member of the Foundation is The First Presbyterian Church of Colorado Springs, Colorado (the Church). The sole member has the power and authority to appoint and to remove all of the directors of the Foundation. The sole member also must approve amendment or restatement of the Articles of Incorporation or Bylaws, merger, consolidation, reorganization or dissolution, any change in the formal or informal statement of the purposes and objective of the Foundation and the appointment of an independent auditor.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIBE THE PROCESS TO REVIEW THE 990 THE FORM 990 IS PREPARED BY A THIRD PARTY. THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE OF THE CHURCH AND A COPY IS PROVIDED TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY IF ANY PERSON WHO IS A DIRECTOR OR OFFICER OF THE FOUNDATION IS AWARE THAT THE FOUNDATION IS ABOUT TO ENTER A BUSINESS TRANSACTION WHICH COULD GIVE RISE TO A POTENTIAL CONFLICT OF INTEREST, SUCH PERSON SHALL (i) INFORM THOSE CHARGED WITH APPROVING THE TRANSACTION ON BEHALF OF THE FOUNDATION, (ii) DISCLOSE ANY MATERIAL FACTS IN REGARDS TO THE TRANSACTION, (iii) NOT BE ENTITLED TO VOTE ON THE DECISION TO ENTER INTO SUCH TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIBE HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE ARTICLES OF INCORPORATION, BYLAWS AND CONFLICT OF INTEREST POLICY STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, Section A, Line 6, 7A, & 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FIRST PRESBYTERIAN CHURCH OF COLO SPGS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0840416230
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)

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