Civic Intelligence

The Blue Sky Fund Inc

EIN 27-2168445 • 501(c)3 • Denver, CO

Profile

To provide tutoring scholarships to students who qualify based on both need and merit

260 N Josephine Street Suite 210Denver, CO 80206

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

61st percentile

0.00x

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

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

Net Margin

10th percentile

-83%

Higher net margin than 10% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

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

Revenue Growth

14th percentile

-58%

Faster revenue growth than 14% of similar nonprofits.

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

Assets

Down

$0

Down $43,519 (-100%) from 2021

Liabilities

Down

$0

Down $2,687 (-100%) from 2021

Net Assets

Down

$0

Down $40,832 (-100%) from 2021

Revenue

Down

$49,036

Down $68,694 (-58%) from 2021

Expenses

Down

$89,868

Down $103,663 (-54%) from 2021

Net Income

Up

-$40,832

Up $34,969 (+46%) from 2021

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $6,174Liabilities 2011: $0Net Assets 2011: $6,1742011Assets 2012: $33,709Liabilities 2012: $0Net Assets 2012: $33,7092012Assets 2015: $69,660Liabilities 2015: $0Net Assets 2015: $69,6602015Assets 2016: $153,934Liabilities 2016: $0Net Assets 2016: $153,9342016Assets 2017: $212,204Liabilities 2017: $0Net Assets 2017: $212,2042017Assets 2018: $238,770Liabilities 2018: $0Net Assets 2018: $238,7702018Assets 2019: $251,437Liabilities 2019: $7,396Net Assets 2019: $244,0412019Assets 2020: $120,402Liabilities 2020: $3,769Net Assets 2020: $116,6332020Assets 2021: $43,519Liabilities 2021: $2,687Net Assets 2021: $40,8322021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2011: $18,616Expenses 2011: $15,125Net Income 2011: $3,4912011Revenue 2012: $12,665Expenses 2012: $7,700Net Income 2012: $4,9652012Revenue 2015: $61,666Expenses 2015: $11,307Net Income 2015: $50,3592015Revenue 2016: $122,461Expenses 2016: $38,187Net Income 2016: $84,2742016Revenue 2017: $122,896Expenses 2017: $64,626Net Income 2017: $58,2702017Revenue 2018: $148,765Expenses 2018: $122,199Net Income 2018: $26,5662018Revenue 2019: $189,262Expenses 2019: $183,991Net Income 2019: $5,2712019Revenue 2020: $78,895Expenses 2020: $206,303Net Income 2020: -$127,4082020Revenue 2021: $117,730Expenses 2021: $193,531Net Income 2021: -$75,8012021Revenue 2022: $49,036Expenses 2022: $89,868Net Income 2022: -$40,8322022

Highlighted filing

2022

Revenue$49,036
Expenses$89,868
Net Income-$40,832

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$49,036
Mission and Program Overview

Mission

To provide tutoring scholarships to students who qualify based on both need and merit

The organization's mission is to help level the playing field for disadvantaged children. A college education is the primary determinant of a young person's future earning power and contribution to society. College today is both hard to get into and hard to afford and there are tremendous advantages afforded to those with financial resources.

Program Services

DescriptionGrantsExpenses
SAT/ACT TUTORING SPONSORSHIPS ARE AN EXTREMELY DOLLAR EFFICIENT WAY OF SUPPORTING A STUDENT'S CHANCE OF GETTING INTO COLLEGE AND GETTING ACADEMIC SCHOLARSHIPS. BLUE SKY CREATED ITS A.C.C.E.S.S PROGRAM TO PROVIDE TUTORING SCHOLARSHIPS TO STUDENTS WHO QUALIFY BASED ON BOTH NEED AND MERIT. BY PROVIDING THE SAME TOOLS AND STRATEGIES, A.C.C.E.S.S ATTEMPTS TO CREATE AN EQUAL OPPORTUNITY FOR LOW-INCOME STUDENTS THROUGHOUT THE COLLEGE APPLICATION PROCESS.-$83,756
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATT WEISSPresident-$0--
BRAD FARBERVice President-$0--
SAM ZAITZSecretary-$0--
MATT JOBLONCo-Treasurer-$0--
JEREMY ABELSONCo-Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Blue Sky Fund
EIN
27-2168445
In Care Of
% MATT WEISS
Phone
7205507357
Address
260 N Josephine Street Suite 210, Denver, CO 80206

Signing Officer

Name
Brad Farber
Title
Vice President
Phone
7205507357
Signed
2023-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Bdo USA
Address
303 E 17th Avenue Ste 600, Denver, CO 80203
Preparer
Megan Grozdanich CPA
Phone
3038301120
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

Description:PAYPAL SERVICE FEES Amount:1692

Form 990EZ Part I Line 16

Description:PAYROLL EXPENSES Amount:5036

Form 990EZ Part I Line 16

Description:BANK FEES Amount:533

Form 990EZ Part I Line 16

Description:INSURANCE Amount:1432

Raw XML Appendix182 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MATT WEISS
IRS990EZ/BooksInCareOfDetail/PhoneNum07205507357
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0260 N JOSEPHINE STREET SUITE 210
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DENVER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd080206
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt043519
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt049036
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-40832
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt030958
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt043519
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt049036
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt040832
IRS990EZ/NetAssetsOrFundBalancesEOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt040832
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OccupancyRentUtltsAndMaintAmt09973
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATT WEISS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRAD FARBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SAM ZAITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MATT JOBLON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JEREMY ABELSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CO-TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4CO-TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt08693
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION'S MISSION IS TO HELP LEVEL THE PLAYING FIELD FOR DISADVANTAGED CHILDREN. A COLLEGE EDUCATION IS THE PRIMARY DETERMINANT OF A YOUNG PERSON'S FUTURE EARNING POWER AND CONTRIBUTION TO SOCIETY. COLLEGE TODAY IS BOTH HARD TO GET INTO AND HARD TO AFFORD AND THERE ARE TREMENDOUS ADVANTAGES AFFORDED TO THOSE WITH FINANCIAL RESOURCES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SAT/ACT TUTORING SPONSORSHIPS ARE AN EXTREMELY DOLLAR EFFICIENT WAY OF SUPPORTING A STUDENT'S CHANCE OF GETTING INTO COLLEGE AND GETTING ACADEMIC SCHOLARSHIPS. BLUE SKY CREATED ITS A.C.C.E.S.S PROGRAM TO PROVIDE TUTORING SCHOLARSHIPS TO STUDENTS WHO QUALIFY BASED ON BOTH NEED AND MERIT. BY PROVIDING THE SAME TOOLS AND STRATEGIES, A.C.C.E.S.S ATTEMPTS TO CREATE AN EQUAL OPPORTUNITY FOR LOW-INCOME STUDENTS THROUGHOUT THE COLLEGE APPLICATION PROCESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt083756
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt040244
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02687
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt089868
IRS990EZ/TotalProgramServiceExpensesAmt083756
IRS990EZ/TotalRevenueAmt049036
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.bsfcolorado.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt049036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0117730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt078895
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0189260
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0189846
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0624767
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt077057
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62107
IRS990ScheduleA/PublicSupportPY170Pct00.60044
IRS990ScheduleA/PublicSupportTotal170Amt0388029
IRS990ScheduleA/SubstantialContributorsTotAmt0236738
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt049036
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0117730
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt078895
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0189260
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0189846
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0624767
IRS990ScheduleA/TotalSupportAmt0624771
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
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description:PAYPAL SERVICE FEES Amount:1692
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:PAYROLL EXPENSES Amount:5036
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:BANK FEES Amount:533
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:INSURANCE Amount:1432
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART I LINE 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Brad Farber
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/PhoneNum07205507357
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Blue Sky Fund
ReturnHeader/Filer/BusinessNameControlTxt0BLU
ReturnHeader/Filer/EIN0272168445
ReturnHeader/Filer/InCareOfNm0% MATT WEISS
ReturnHeader/Filer/PhoneNum07205507357
ReturnHeader/Filer/USAddress/AddressLine1Txt0260 N Josephine Street Suite 210
ReturnHeader/Filer/USAddress/CityNm0Denver
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080206
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BDO USA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0303 E 17th Avenue Ste 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Denver
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080203
ReturnHeader/PreparerPersonGrp/PhoneNum03038301120
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Megan Grozdanich CPA
ReturnHeader/ReturnTs02023-11-15T13:21:22-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Brad
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Farber
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.