Civic Intelligence

Elevations Foundation Inc.

990 • Fiscal year 2017 • EIN 27-3484142

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 21, 2018

PO Box 9004Boulder, CO 80301

(303) 443-4672

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

93rd percentile

55%

Higher net margin than 93% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

92nd percentile

65%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

80th percentile

32%

Faster revenue growth than 80% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$791,295

Up $313,161 (+65%) from 2016

Net Assets

Up

$791,295

Up $313,161 (+65%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$474,064

Up $116,168 (+32%) from 2016

Expenses

Up

$214,018

Up $92,363 (+76%) from 2016

Net Income

Up

$260,046

Up $23,805 (+10%) from 2016

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$0Assets 2012: $106,276Liabilities 2012: $1,716Net Assets 2012: $104,5602012Assets 2013: $154,108Liabilities 2013: $0Net Assets 2013: $154,1082013Assets 2014: $219,888Liabilities 2014: $0Net Assets 2014: $219,8882014Assets 2015: $233,521Liabilities 2015: $0Net Assets 2015: $233,5212015Assets 2016: $478,134Liabilities 2016: $0Net Assets 2016: $478,1342016Assets 2017: $791,295Liabilities 2017: $0Net Assets 2017: $791,2952017Assets 2018: $807,335Liabilities 2018: $7,526Net Assets 2018: $799,8092018Assets 2019: $1,209,862Liabilities 2019: $20,329Net Assets 2019: $1,189,5332019Assets 2020: $1,636,556Liabilities 2020: $23,728Net Assets 2020: $1,612,8282020Assets 2021: $2,094,940Liabilities 2021: $345,028Net Assets 2021: $1,749,9122021Assets 2022: $1,494,648Liabilities 2022: $10,734Net Assets 2022: $1,483,9142022Assets 2023: $1,914,230Liabilities 2023: $24,083Net Assets 2023: $1,890,1472023Assets 2024: $2,426,722Liabilities 2024: $21,002Net Assets 2024: $2,405,7202024

Highlighted filing

2017

Assets$791,295
Liabilities$0
Net Assets$791,295

Operations Trend

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

$1.5M$1.0M$500K$0Expenses 2012: $259,2332012Revenue 2013: $438,993Expenses 2013: $395,580Net Income 2013: $43,4132013Revenue 2014: $166,933Expenses 2014: $105,430Net Income 2014: $61,5032014Revenue 2015: $118,487Expenses 2015: $98,920Net Income 2015: $19,5672015Revenue 2016: $357,896Expenses 2016: $121,655Net Income 2016: $236,2412016Revenue 2017: $474,064Expenses 2017: $214,018Net Income 2017: $260,0462017Revenue 2018: $271,897Expenses 2018: $208,851Net Income 2018: $63,0462018Revenue 2019: $581,179Expenses 2019: $288,061Net Income 2019: $293,1182019Revenue 2020: $888,159Expenses 2020: $562,762Net Income 2020: $325,3972020Revenue 2021: $1,398,152Expenses 2021: $1,349,161Net Income 2021: $48,9912021Revenue 2022: $1,200,251Expenses 2022: $1,185,452Net Income 2022: $14,7992022Revenue 2023: $655,065Expenses 2023: $421,575Net Income 2023: $233,4902023Revenue 2024: $790,073Expenses 2024: $402,747Net Income 2024: $387,3262024

Highlighted filing

2017

Revenue$474,064
Expenses$214,018
Net Income$260,046
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 21, 2018
Return Version
2017v2.3
Gross Receipts
$512,158
Mission and Program Overview

Mission

We provide solutions for a better community.

We create opportunities for a better community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$386,623$640,298▲ $253,675
Cash and Non-Interest-Bearing Accounts$88,843$146,040▲ $57,197
Prepaid Expenses and Deferred Charges$2,668$3,647▲ $979
Accounts Receivable-$1,310-
Total Assets$478,134$791,295▲ $313,161
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$386,623$640,298▲ $253,675
Unrestricted Net Assets$86,561$140,497▲ $53,936
Temporarily Rstr Net Assets$4,950$10,500▲ $5,550
Total Net Assets Fund Balance$478,134$791,295▲ $313,161
Total Liabilities and Net Assets / Fund Balance$478,134$791,295▲ $313,161

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$386,623$258,350▲ $60,310$64,985$640,298
2016$183,515$200,000▲ $11,052$6,126$386,623
2015$195,339-▼ $2,914$7,012$183,515
2014$120,343$70,000▲ $6,326-$195,339
2013$67,565$52,900--$120,343
Compensation and Service Providers

Board Members and Trustees

NameTitle
Scott DunnChair
Dennis PaulVice Chair
Carol KrismannDirector
Carroll BeachDirector
Don CheyneDirector
Gerry AgnesDirector
Jay ChampionDirector
Jo HetheringtonDirector
Kim FeltonDirector
Audrey DeBarrosSecretary
Eric JonesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$487,501
Program Service Revenue
$0
Investment Income
$7,432
Other Revenue
$-20,869
All Other Contributions
$437,835
Change in Net Assets
$260,046
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$187,312
Other Expenses$26,706
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$126,312--$126,312
Grants to Domestic Individuals$61,000--$61,000
Fees for Services Other$3,811$16,043-$19,854
Fees for Services Legal$4,372$1,919-$6,291
Fees for Services Accounting-$561-$561
Total Functional Expenses$195,495$18,523$0$214,018
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Credit Union FoundationMadison, WI501(c)(3)To aid victims of natural disasters in Texas, Florida and California.$70,812
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$38,094
Fundraising Gross Income$17,225
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$52,627$16,861$19,669$-2,808
Loan Refi$13,900---
Total Events$66,891$17,225$38,094$-20,869
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
-Board consists of members of credit union's board or credit union employeesElevations Credit Union made cash contributions to the Foundation.No$310,783
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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 B, line 11B

The Form 990 was prepared by a CPA firm. Prior to filing, the Form 990 is provided to the full Board of Directors. After review and approval by the Board Treasurer, the Form 990 is then filed.

Form 990, Part VI, Section B, line 12C

Annually, the Board of Directors reviews the conflict of interest policy. Each director then signs a Code of Conduct/Conflict of Interest disclosure stating that they understand the policies and will report any potential conflicts or violations to the Chair of the Board.

Form 990, Part VI, Section C, line 19

Available upon request.

Filing and Contact Details

Filer

Filer Name
Elevations Foundation
EIN
27-3484142
Phone
3034434672
Address
PO Box 9004, Boulder, CO 80301

Signing Officer

Name
Eric Jones
Title
Treasurer
Phone
3034434672
Signed
2018-08-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Dunn
Formed
2010
Legal Domicile
Co
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
25

Preparer

Firm
Holben Hay Lake Balzer CPAs LLC
Address
1777 S Harrison Street 1000, Denver, CO 80210
Preparer
Sheila M Balzer
Phone
3037592727
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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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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0183515
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0200000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0386623
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011052
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt06126
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt01898
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0195339
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0183515
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2914
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt07012
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt01330
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0120343
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt070000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0195339
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06326
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0122
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt067565
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt052900
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0120343
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt049666
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt035766
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt013900
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt038094
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Loan Refi
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0129
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0129
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt052627
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt013900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0364
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt066891
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016861
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0364
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017225
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-20869
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01564
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt021233
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019669
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt016732
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt016732
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt061000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Educational scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt023
IRS990ScheduleI/RecipientTable/CashGrantAmt070812
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To aid victims of natural disasters in Texas, Florida and California.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0National Credit Union Foundation
IRS990ScheduleI/RecipientTable/RecipientEIN0391383650
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05710 Mineral Point Road
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Madison
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd053705
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0All grants require a written application. Organizations receiving grants are reviewed and researched by the Board of Directors. Information reviewed includes financial statements and prior Form 990 filings.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part 1, Line 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Elevations Credit Union
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Board consists of members of credit union's board or credit union employees
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0310783
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Elevations Credit Union made cash contributions to the Foundation.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 was prepared by a CPA firm. Prior to filing, the Form 990 is provided to the full Board of Directors. After review and approval by the Board Treasurer, the Form 990 is then filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Annually, the Board of Directors reviews the conflict of interest policy. Each director then signs a Code of Conduct/Conflict of Interest disclosure stating that they understand the policies and will report any potential conflicts or violations to the Chair of the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Elevations Credit Union
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0840459116
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(14)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Promote thrift and provide lower cost credit to members of the credit union.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO Box 9004
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Boulder
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd080301
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0310783
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Cash value
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Elevations Credit Union
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt04950
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt010500
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0478134
IRS990/TotalAssetsEOYAmt0791295
IRS990/TotalAssetsGrp/BOYAmt0478134
IRS990/TotalAssetsGrp/EOYAmt0791295
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0487501
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018523
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0195495

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