Civic Intelligence

Yongey Foundation Co Glenna Olmsted

990 • Fiscal year 2019 • EIN 37-1464193

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 24, 2020

Organization ProfileN/A
PO Box 770630Steamboat Springs, CO 80477

(970) 846-3375

Siviq Scores

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

Liabilities / Assets

75th percentile

0.23x

Higher debt load relative to assets than 75% 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

3rd percentile

-87%

Higher net margin than 3% 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

4th percentile

-38%

Faster asset growth than 4% of similar nonprofits.

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

Revenue Growth

6th percentile

-44%

Faster revenue growth than 6% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$565,101

Down $349,343 (-38%) from 2018

Net Assets

Down

$433,480

Down $480,964 (-53%) from 2018

Liabilities

Up

$131,621

Up $131,621 from 2018

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin3rd percentile

Revenue

Down

$555,991

Down $429,116 (-44%) from 2018

Expenses

Up

$1,036,955

Up $761,971 (+277%) from 2018

Net Income

Down

-$480,964

Down $1,191,087 (-168%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $197,035Net Assets 2011: $197,0352011Assets 2013: $246,167Net Assets 2013: $246,1672013Assets 2015: $319,707Net Assets 2015: $319,7072015Assets 2016: $286,267Net Assets 2016: $286,2672016Assets 2017: $204,321Liabilities 2017: $0Net Assets 2017: $204,3212017Assets 2018: $914,444Liabilities 2018: $0Net Assets 2018: $914,4442018Assets 2019: $565,101Liabilities 2019: $131,621Net Assets 2019: $433,4802019Assets 2020: $1,112,242Liabilities 2020: $77,807Net Assets 2020: $1,034,4352020Assets 2021: $1,558,293Liabilities 2021: $0Net Assets 2021: $1,558,2932021Assets 2022: $1,579,027Liabilities 2022: $0Net Assets 2022: $1,579,0272022Assets 2023: $1,684,327Liabilities 2023: $211,619Net Assets 2023: $1,472,7082023Assets 2024: $1,558,674Liabilities 2024: $614,503Net Assets 2024: $944,1712024

Highlighted filing

2019

Assets$565,101
Liabilities$131,621
Net Assets$433,480
Open 2019 Filing

Operations Trend

Revenue Growth6th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $46,600Expenses 2011: $67,329Net Income 2011: -$20,7292011Revenue 2013: $67,803Expenses 2013: $28,233Net Income 2013: $39,5702013Revenue 2015: $180,422Expenses 2015: $122,582Net Income 2015: $57,8402015Revenue 2016: $113,235Expenses 2016: $146,675Net Income 2016: -$33,4402016Revenue 2017: $678,438Expenses 2017: $760,384Net Income 2017: -$81,9462017Revenue 2018: $985,107Expenses 2018: $274,984Net Income 2018: $710,1232018Revenue 2019: $555,991Expenses 2019: $1,036,955Net Income 2019: -$480,9642019Revenue 2020: $631,819Expenses 2020: $30,864Net Income 2020: $600,9552020Revenue 2021: $591,827Expenses 2021: $67,969Net Income 2021: $523,8582021Revenue 2022: $428,135Expenses 2022: $407,401Net Income 2022: $20,7342022Revenue 2023: $437,217Expenses 2023: $498,295Net Income 2023: -$61,0782023Revenue 2024: $303,794Expenses 2024: $502,383Net Income 2024: -$198,5892024

Highlighted filing

2019

Revenue$555,991
Expenses$1,036,955
Net Income-$480,964
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 24, 2020
Return Version
2019v5.1
Gross Receipts
$555,991
Mission and Program Overview

Mission

Promoting, aiding and developing the activities of Buddhist religious, educational, and cultural institutions, including meditation centers,centers for religious study, and monasteries and abbeys in North America, Asia and throughout the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$914,444$433,480▼ $480,964
Investments in Publicly Traded Securities$634,253$295,893▼ $338,360
Cash and Non-Interest-Bearing Accounts$280,191$269,208▼ $10,983
Total Assets$914,444$565,101▼ $349,343
Liabilities
Grants Payable-$131,621-
Total Liabilities$0$131,621▲ $131,621
Net Assets / Fund Balance
Total Net Assets Fund Balance$914,444$433,480▼ $480,964
Total Liabilities and Net Assets / Fund Balance$914,444$565,101▼ $349,343
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Tim OlmstedPresident
Josh BaranVice President
Ven Mingyu RinpocheDirector
Alex HalpernSecretary
Glenna OlmstedTresaurer
Revenue and Support

Revenue Composition

Contributions and Grants
$372,806
Program Service Revenue
$62,601
Investment Income
$57,661
Other Revenue
$62,923
All Other Contributions
$372,806
Change in Net Assets
$-480,964
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,036,955
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees$0$2,213$0$2,213
Other Expenses$0$1,624$0$1,624
Fees for Services Accounting$0$1,250$0$1,250
Insurance$0$900$0$900
Royalties$0$537$0$537
Advertising$0$216$0$216
Fees for Services Other$0$215$0$215
Total Functional Expenses$1,030,000$6,955$0$1,036,955
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
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
Filing and Contact Details

Filer

Filer Name
Yongey Foundation
EIN
37-1464193
Phone
9708463375
Address
PO Box 770630, Steamboat Springs, CO 80477
Doing Business As
co Glenna Olmsted

Signing Officer

Name
Glenna Olmsted
Title
President
Phone
9708463375
Signed
2020-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenna Olmsted
Formed
2008
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
7

Preparer

Firm
Davidson Tax Co Inc
Address
PO Box 775144, Steamboat Springs, CO 80477
Preparer
Clark Davidson
Phone
9708792102
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The Yongey Foundation provided Form 990 to each of the 5 board members of the Foundation for discussion and review at the monthly meeting. Objections were discussed and corrected.”

Pt VI, Line 19

“The Yongey Foundation provided governing documents, tax forms and financial statements to members by email. The members were each responsible for reading the docuemnts on their own time.”

Pt IV

“Schedule O was completed for The Yongey Foundation”

Pt III, Line 2

“The Yongey Foundation recieved donations in excess of $5000. Please see schedule B”

Pt VI, Line 1A

“Any material differences will be discussed within the voting members and delegated as the majority rules.”

Pt VI, Line 2

“There are two spouses that sit on the board (of five members and are voting memebers for the Youngey Foundation.”

Pt VI, Line 8A

“The Yongey Foundation meetings were documented and the minutes were provided to the members.”

Pt VI, Line 8B

“The Yongey Foundation meetings were documented and the minutes were provided to the members.”

Pt VI, Line 12C

“The Yongey Foundation meetings were documented and the minutes were provided to the members. Any conflicts of interest were reported to the board and discussed at the meetings.”

Raw XML Appendix367 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Promoting, aiding and developing the activities of Buddhist religious, educational, and cultural institutions, including meditation centers,centers for religious study, and monasteries and abbeys in North America, Asia and throughout the world.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0216
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt0216
IRS990/AllOtherContributionsAmt0372806
IRS990/AmendedReturnInd0X
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0Glenna Olmsted
IRS990/BooksInCareOfDetail/PhoneNum09708463375
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 770630
IRS990/BooksInCareOfDetail/USAddress/CityNm0Steamboat Springs
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080477
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0280191
IRS990/CashNonInterestBearingGrp/EOYAmt0269208
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0372806
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt057661
IRS990/CYOtherExpensesAmt01036955
IRS990/CYOtherRevenueAmt062923
IRS990/CYProgramServiceRevenueAmt062601
IRS990/CYRevenuesLessExpensesAmt0-480964
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01036955
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0555991
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Supporting Mingyur Rinpoche's Activities in Nepal and India - primarily educating the Monks and Nuns throughout the region
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0co Glenna Olmsted
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01000000
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01250
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt01250
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0215
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt0215
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt02213
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt02213
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Tim Olmsted
IRS990/Form990PartVIISectionAGrp/PersonNm1Glenna Olmsted
IRS990/Form990PartVIISectionAGrp/PersonNm2Josh Baran
IRS990/Form990PartVIISectionAGrp/PersonNm3Alex Halpern
IRS990/Form990PartVIISectionAGrp/PersonNm4Ven Mingyu Rinpoche
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Tresaurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/EOYAmt0131621
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0555991
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0900
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt0900
IRS990/InvestmentIncomeGrp/ExclusionAmt057661
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt057661
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0634253
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0295893
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Promoting, aiding and developing the activities of Buddhist religious, educational, and cultural institutions, including meditation centers,centers for religious study, and monasteries and abbeys in North America, Asia and throughout the world.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0914444
IRS990/NetAssetsOrFundBalancesEOYAmt0433480
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0Monastary Support
IRS990/OtherExpensesGrp/Desc1Chhewant Thile Lama
IRS990/OtherExpensesGrp/Desc2Scholarships
IRS990/OtherExpensesGrp/Desc3Bank Fees
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31624
IRS990/OtherExpensesGrp/ProgramServicesAmt01000000
IRS990/OtherExpensesGrp/ProgramServicesAmt11000
IRS990/OtherExpensesGrp/ProgramServicesAmt229000
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt01000000
IRS990/OtherExpensesGrp/TotalAmt11000
IRS990/OtherExpensesGrp/TotalAmt229000
IRS990/OtherExpensesGrp/TotalAmt31624
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Glenna Olmsted
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611699
IRS990/ProgramServiceRevenueGrp/Desc0Tegar Buddist Retreat
IRS990/ProgramServiceRevenueGrp/ExclusionAmt062601
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt062601
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0Osel Ling Monastery Center for Transformative Learning
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt042720
IRS990/ProgSrvcAccomActy3Grp/Desc0Tegar Buddist Retreat
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt029000
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt062601
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0837329
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03742
IRS990/PYOtherExpensesAmt0274984
IRS990/PYOtherRevenueAmt0144036
IRS990/PYRevenuesLessExpensesAmt0710123
IRS990/PYTotalExpensesAmt0274984
IRS990/PYTotalRevenueAmt0985107
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-480964
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0110253
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt0537
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt0537
IRS990/RoyaltiesRevenueGrp/ExclusionAmt062923
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt062923
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0914444
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0433480
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0152973
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0866703
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0619513
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01639189
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01639189
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0152973
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0866703
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0619513
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01639189
IRS990ScheduleA/TotalSupportAmt01639189
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
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Yongey Foundation provided Form 990 to each of the 5 board members of the Foundation for discussion and review at the monthly meeting. Objections were discussed and corrected.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Yongey Foundation provided governing documents, tax forms and financial statements to members by email. The members were each responsible for reading the docuemnts on their own time.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Schedule O was completed for The Yongey Foundation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Yongey Foundation recieved donations in excess of $5000. Please see schedule B
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Any material differences will be discussed within the voting members and delegated as the majority rules.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5There are two spouses that sit on the board (of five members and are voting memebers for the Youngey Foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Yongey Foundation meetings were documented and the minutes were provided to the members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The Yongey Foundation meetings were documented and the minutes were provided to the members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The Yongey Foundation meetings were documented and the minutes were provided to the members. Any conflicts of interest were reported to the board and discussed at the meetings.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt IV
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt III, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 12c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0914444
IRS990/TotalAssetsEOYAmt0565101
IRS990/TotalAssetsGrp/BOYAmt0914444
IRS990/TotalAssetsGrp/EOYAmt0565101
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0372806
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06955
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01030000
IRS990/TotalFunctionalExpensesGrp/TotalAmt01036955
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0131621
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0131621
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0914444
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0433480
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01029000
IRS990/TotalProgramServiceRevenueAmt062601
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0183185
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0555991
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0914444
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0565101
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 77063
IRS990/USAddress/CityNm0Steamboat Springs
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080477
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Glenna Olmsted
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09708463375
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Yongey Foundation
ReturnHeader/Filer/BusinessNameControlTxt0YONG
ReturnHeader/Filer/EIN0371464193
ReturnHeader/Filer/PhoneNum09708463375
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 770630
ReturnHeader/Filer/USAddress/CityNm0Steamboat Springs
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080477
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05F7CB28B718942B59252E39911ADDA799EB68DC7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05F7CB28B718942B59252E39911ADDA799EB68DC7
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0174.16.140.103
ReturnHeader/FilingSecurityInformation/IPDt02020-12-21
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm009:47:36
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Davidson Tax Co Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 775144
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Steamboat Springs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080477
ReturnHeader/PreparerPersonGrp/PhoneNum09708792102
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Clark Davidson
ReturnHeader/ReturnTs02020-12-21T09:47:45-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$565,101
Liabilities
$131,621
Net assets
$433,480
Revenue
$555,991
Expenses
$1,036,955
Net income
-$480,964
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.61$0.94$0.30$0.50$0.20
2023Detailed filing. Detailed filing data is available for this year.$1.68$0.21$1.47$0.44$0.50$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.43$0.41$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$0.59$0.07$0.52
2020Detailed filing. Detailed filing data is available for this year.$1.11$0.08$1.03$0.63$0.03$0.60
2019Detailed filing. Detailed filing data is available for this year.$0.57$0.13$0.43$0.56$1.04$0.48
2018Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.99$0.27$0.71
2017Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.68$0.76$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.29$0.29$0.11$0.15$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.32$0.32$0.18$0.12$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.25$0.25$0.07$0.03$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.20$0.05$0.07$0.02