Civic Intelligence

Success Foundation Serving Greeley-Evans Schools Inc.

990 • Fiscal year 2019 • EIN 27-3567674

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 12, 2020

1025 9th AvenueGreeley, CO 80631

(970) 348-6362

Siviq Scores

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

Liabilities / Assets

85th percentile

0.48x

Higher debt load relative to assets than 85% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

0.24x

Higher debt load relative to revenue than 78% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

53rd percentile

4.8%

Higher net margin than 53% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

93rd percentile

89%

Faster asset growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-6.8%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$297,353

Up $139,736 (+89%) from 2018

Net Assets

Up

$153,698

Up $28,365 (+23%) from 2018

Liabilities

Up

$143,655

Up $111,371 (+345%) from 2018

Revenue

Down

$593,171

Down $43,615 (-6.8%) from 2018

Expenses

Down

$564,806

Down $50,355 (-8.2%) from 2018

Net Income

Up

$28,365

Up $6,740 (+31%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2015: $73,682Liabilities 2015: $2,600Net Assets 2015: $71,0822015Assets 2016: $159,743Liabilities 2016: $51,298Net Assets 2016: $108,4452016Assets 2017: $105,783Liabilities 2017: $2,075Net Assets 2017: $103,7082017Assets 2018: $157,617Liabilities 2018: $32,284Net Assets 2018: $125,3332018Assets 2019: $297,353Liabilities 2019: $143,655Net Assets 2019: $153,6982019Assets 2020: $339,828Liabilities 2020: $37,726Net Assets 2020: $302,1022020Assets 2021: $864,796Liabilities 2021: $8,139Net Assets 2021: $856,6572021Assets 2022: $531,252Liabilities 2022: $6,203Net Assets 2022: $525,0492022Assets 2023: $1,039,989Liabilities 2023: $19,503Net Assets 2023: $1,020,4862023Assets 2024: $1,628,072Liabilities 2024: $7,633Net Assets 2024: $1,620,4392024

Highlighted filing

2019

Assets$297,353
Liabilities$143,655
Net Assets$153,698

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $145,359Expenses 2015: $84,217Net Income 2015: $61,1422015Revenue 2016: $297,462Expenses 2016: $260,099Net Income 2016: $37,3632016Revenue 2017: $385,720Expenses 2017: $390,457Net Income 2017: -$4,7372017Revenue 2018: $636,786Expenses 2018: $615,161Net Income 2018: $21,6252018Revenue 2019: $593,171Expenses 2019: $564,806Net Income 2019: $28,3652019Revenue 2020: $875,206Expenses 2020: $726,802Net Income 2020: $148,4042020Revenue 2021: $1,388,560Expenses 2021: $834,005Net Income 2021: $554,5552021Revenue 2022: $2,258,173Expenses 2022: $2,589,781Net Income 2022: -$331,6082022Revenue 2023: $2,668,817Expenses 2023: $2,173,380Net Income 2023: $495,4372023Revenue 2024: $3,147,836Expenses 2024: $2,547,883Net Income 2024: $599,9532024

Highlighted filing

2019

Revenue$593,171
Expenses$564,806
Net Income$28,365
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 12, 2020
Return Version
2019v5.0
Gross Receipts
$602,492
Mission and Program Overview

Mission

The success foundation exists to build partnerships, engage the community, and bring resources to support the education of our children in district 6, greeley-evans, colorado.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$156,395$296,115▲ $139,720
Rtn Earn Endowment Incm Other Fnds$125,333$153,698▲ $28,365
Savings and Temporary Cash Investments$1,222$1,238▲ $16
Total Assets$157,617$297,353▲ $139,736
Liabilities
Other Liabilities$32,284$143,655▲ $111,371
Total Liabilities$32,284$143,655▲ $111,371
Net Assets / Fund Balance
Total Net Assets Fund Balance$125,333$153,698▲ $28,365
Total Liabilities and Net Assets / Fund Balance$157,617$297,353▲ $139,736
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve LaforestPresident
Charee VoelzDirector
Chris GarciaDirector
Delia HaefeliDirector
Dr Deirdre PilchDirector
Greg VoelzDirector
Holly BresslerDirector
Kim BarbourDirector
Lynda MitchDirector
Meggan SponslerDirector
Nancy SileoDirector
Nate FairchildDirector
Rhonda SolisDirector
Julie HillExecutive Director
Julie HillExecutive Di
Daniel PershawPast Preside
Diane AlexanderSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$507,427
Program Service Revenue
$0
Investment Income
$16
Other Revenue
$85,728
All Other Contributions
$214,589
Change in Net Assets
$28,365
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$439,683
Other Expenses$125,123
Total Fundraising Expense$20,134
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$439,683--$439,683
All Other Expenses$460$1,783$2,210$4,453
Other Expenses$10,500$13,000$3,815$3,815
Insurance-$2,938-$2,938
Office Expenses$536$376$161$1,073
Advertising--$643$643
Total Functional Expenses$495,530$49,142$20,134$564,806
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Weld County Dist 6 SchoolsGreeley, COGovTechnology / Other$294,838
Weld County Dist 6 SchoolsGreeley, COGovSmartlabs$100,000
Teacher GrantsGreeley, COGovInnovative Classroom$36,120
Education Celebration KickoffGreeley, COGovTeacher Recognition$8,725
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$95,049
Fundraising Direct Expenses$9,321
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ride 4 Success$59,424$59,424$7,748$51,676
Success Breakfa$139,430$35,625$1,573$34,052
Total Events$198,854$95,049$9,321$85,728
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Grants Payable$122,975
Strat Ops Payable$13,000
Payroll Liabilities$7,680
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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, Page 6, Part VI, Line 2

Greg voelz charee voelz director director spouses

Form 990, Page 6, Part VI, Line 11B

990 prepared by organization's treasurer who is a cpa. The treasurer has 25+ years of experience in preparing form 990. Detailed volunteer information and operations information provided by executive director. Copies of 990 are made available to executive committee prior to transmission to irs.

Form 990, Page 6, Part VI, Line 12C

Board member would recuse himself/herself from voting and from discussions prior to any vote of which the board member may receive a benefit. At beginning of each year, board members are asked to renew their acknowledgement of adhering to the conflict of interest policy and providing information regarding any known conflicts at that time.

Form 990, Page 6, Part VI, Line 19

Guidestar.org or upon written request to the organization's office located at 1025 9th ave, greeley, co 80631.

Filing and Contact Details

Filer

Filer Name
The Success Foundation
EIN
27-3567674
Phone
9703486362
Address
1025 9TH AVENUE, GREELEY, CO 80631

Signing Officer

Name
Julie Hill
Title
Executive Director
Phone
9703486362
Signed
2020-08-12

Organization Details

Principal Officer
Steve Laforest
Formed
2010
Legal Domicile
Co
Voting Board Members
14
Independent Board Members
13
Employees
0
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

116 volunteers provide assistance with two events, success breakfast and ride for success bike ride. Both events require numerous hours of setup and cleanup. Both events have volunteers help with registration and check-in desks. In addition, the bike ride utilizes volunteers to man several break stations along each of the ride paths. Prior to the events, volunteers provide leg work for distributing posters and other marketing materials to inform public of the event itself. 4 volunteers provide office assistance through out the year in various capacities.

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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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AveragingAttachment/ExplanationTxt0THE ORGANIZATION INCURRED NO POLITICAL EXPENSES IN 2018. THE EXPENDITURES IN 2016 AND 2017 RELATED TO 3A-COMMUNITY FOR KIDS; A SPECIAL BALLOT ISSUE RELATED TO EDUCATION FUNDING AT THE LOCAL LEVEL. THE EXPENSES INCURRED IN 2019 RELATED TO A BOND ISSUE ON THE NOVEMBER 2019 BALLOT TO PROVIDE FUNDING FOR THE CONSTRUCTION AND/OR UPDATES FOR LOCAL SCHOOLS IN THE GREELEY-EVANS AREA. IT IS NOT THE INTENTION OF THIS ORGANIZATION TO REGULARLY PROVIDE FUNDS FOR POLITICAL ACTIVITIES. THERE ARE NO PLANNED BALLOT ISSUES OR SCHOOL FUNDING INITIATIVES IN THE FORESEEABLE FUTURE.
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IRS990/OtherLiabilitiesGrp/BOYAmt032284
IRS990/OtherLiabilitiesGrp/EOYAmt0143655
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0STEVE LAFOREST
IRS990/ProfessionalFundraisingInd0false
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IRS990/PYContributionsGrantsAmt0560073
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0510338
IRS990/PYInvestmentIncomeAmt0179
IRS990/PYOtherExpensesAmt059388
IRS990/PYOtherRevenueAmt076534
IRS990/PYRevenuesLessExpensesAmt021625
IRS990/PYSalariesCompEmpBnftPaidAmt045435
IRS990/PYTotalExpensesAmt0615161
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0153698
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01222
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01238
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0EVENTS - BREAKFAST & BIKE RIDE 282,923
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0560073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0314890
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0245605
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0101211
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt060650
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IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt099106
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt069904
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt049631
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0218641
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt010500
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IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus3Amt07000
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt029947
IRS990ScheduleC/GrassrootsCeilingAmt081992
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt024777
IRS990ScheduleC/LobbyingCeilingAmt0327962
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt099106
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0485030
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0PROVIDED FUNDS TO HELP COVER THE COST OF PRINTED HANDOUT MATERIALS EXPLAINING A BOND ISSUE ON THE NOVEMBER 2019 BALLOT. THE PROCEEDS FROM A BOND ISSUE WOULD BE USED TO BUILD AND/OR UPDATE VARIOUS PUBLIC SCHOOL BUILDINGS IN DISTRICT 6. PRINTED MATERIALS WERE INFORMATIVE AND NON- PARTISAN AND AVAILABLE TO THE GENERAL PUBLIC IN THE GREELEY-EVANS AREA.
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION INCURRED NO POLITICAL EXPENSES IN 2018. THE EXPENDITURES IN 2016 AND 2017 RELATED TO 3A-COMMUNITY FOR KIDS; A SPECIAL BALLOT ISSUE RELATED TO EDUCATION FUNDING AT THE LOCAL LEVEL. THE EXPENSES INCURRED IN 2019 RELATED TO A BOND ISSUE ON THE NOVEMBER 2019 BALLOT TO PROVIDE FUNDING FOR THE CONSTRUCTION AND/OR UPDATES FOR LOCAL SCHOOLS IN THE GREELEY-EVANS AREA. IT IS NOT THE INTENTION OF THIS ORGANIZATION TO REGULARLY PROVIDE FUNDS FOR POLITICAL ACTIVITIES. THERE ARE NO PLANNED BALLOT ISSUES OR SCHOOL FUNDING INITIATIVES IN THE FORESEEABLE FUTURE.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART I-A, LINE 1
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE C, PART II-A
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IRS990ScheduleC/TotalGrassrootsLobbyingGrp/FilingOrganizationsTotalAmt010500
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt010500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0122975
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt113000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27680
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GRANTS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1STRAT OPS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL LIABILITIES
IRS990ScheduleD/TotalLiabilityAmt0143655
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0103805
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0103805
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09321
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SUCCESS BREAKFA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0RIDE 4 SUCCESS
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt059424
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0198854
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt085728
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IRS990ScheduleI/RecipientTable/CashGrantAmt236120
IRS990ScheduleI/RecipientTable/CashGrantAmt3294838
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/IRCSectionDesc1GOV
IRS990ScheduleI/RecipientTable/IRCSectionDesc2GOV
IRS990ScheduleI/RecipientTable/IRCSectionDesc3GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SMARTLABS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TEACHER RECOGNITION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2INNOVATIVE CLASSROOM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TECHNOLOGY / OTHER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0WELD COUNTY DIST 6 SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1EDUCATION CELEBRATION KICKOFF
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2TEACHER GRANTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3WELD COUNTY DIST 6 SCHOOLS
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01025 9TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11025 9TH AVE
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt31025 9TH AVE
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