Civic Intelligence

7 20 Memorial Foundation Inc.

990EZ • Fiscal year 2018 • EIN 46-2214380

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 11, 2019

15151 E Alameda ParkwayAurora, CO 80012

(303) 739-7056

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

2nd percentile

-489%

Higher net margin than 2% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

4th percentile

-79%

Faster asset growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

24th percentile

-20%

Faster revenue growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$28,512

Down $106,025 (-79%) from 2017

Net Assets

Down

$28,512

Down $106,025 (-79%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$21,676

Down $5,258 (-20%) from 2017

Expenses

Up

$127,701

Up $628 (+0.5%) from 2017

Net Income

Down

-$106,025

Down $5,886 (-5.9%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2015: $95,763Liabilities 2015: $0Net Assets 2015: $95,7632015Assets 2016: $234,676Liabilities 2016: $0Net Assets 2016: $234,6762016Assets 2017: $134,537Liabilities 2017: $0Net Assets 2017: $134,5372017Assets 2018: $28,512Liabilities 2018: $0Net Assets 2018: $28,5122018Assets 2019: $26,023Liabilities 2019: $0Net Assets 2019: $26,0232019Assets 2020: $33,288Liabilities 2020: $0Net Assets 2020: $33,2882020Assets 2021: $28,359Liabilities 2021: $0Net Assets 2021: $28,3592021Assets 2022: $52,713Liabilities 2022: $0Net Assets 2022: $52,7132022Assets 2023: $68,071Liabilities 2023: $0Net Assets 2023: $68,0712023Assets 2024: $58,374Liabilities 2024: $0Net Assets 2024: $58,3742024

Highlighted filing

2018

Assets$28,512
Liabilities$0
Net Assets$28,512

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2015: $95,693Expenses 2015: $30Net Income 2015: $95,6632015Revenue 2016: $138,913Expenses 2016: $0Net Income 2016: $138,9132016Revenue 2017: $26,934Expenses 2017: $127,073Net Income 2017: -$100,1392017Revenue 2018: $21,676Expenses 2018: $127,701Net Income 2018: -$106,0252018Revenue 2019: $10,852Expenses 2019: $13,341Net Income 2019: -$2,4892019Revenue 2020: $14,618Expenses 2020: $7,353Net Income 2020: $7,2652020Revenue 2021: $8,983Expenses 2021: $13,912Net Income 2021: -$4,9292021Revenue 2022: $54,735Expenses 2022: $30,381Net Income 2022: $24,3542022Revenue 2023: $26,772Expenses 2023: $11,414Net Income 2023: $15,3582023Revenue 2024: $313Expenses 2024: $10,010Net Income 2024: -$9,6972024

Highlighted filing

2018

Revenue$21,676
Expenses$127,701
Net Income-$106,025
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 11, 2019
Return Version
2018v3.1
Gross Receipts
$26,640
Mission and Program Overview

Mission

The foundation is formed for the purpose of carrying out the site location, form, design, construction, maintenance, repair, replacement and improvement needs associated with the permanent 7/20 memorial for the victims of the shooting at the aurora century theater on july 20, 2012.

Program Services

DescriptionGrantsExpenses
The Foundation was established for the creation of the Reflection Memorial Garden to be located at the Aurora Xeriscape Garden. The garden will provide a serene and beautiful natural space where the community and those impacted by loss can remember loved ones and reflect, seek comfort, strength, peace and hope.-$126,219
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Theresa HooverChair-$0--
Heather DearmanVice-Chair-$0--
Rena MedekTreasurer-$0--
Tiina CoonSecretary-$0--
Terry SullivanBoard Member-$0--
Megan SullivanBoard Member-$0--
Bill HooverBoard Member-$0--
Jansen YoungBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
720 Memorial Foundation Inc
EIN
46-2214380
In Care Of
% THE ORGANIZATION
Phone
3037397056
Address
15151 E Alameda Parkway, Aurora, CO 80012

Signing Officer

Name
Rena Medek
Title
Treasurer
Phone
3037397055
Signed
2019-07-11
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990EZ Part I Line 16

Description:PAYMENTS TO GARDEN ARTISTS Amount:90000

Form 990EZ Part I Line 16

Description:MEMORIAL DEDICATION TRAVEL EXPENSES Amount:25000

Form 990EZ Part I Line 16

Description:MEMORIAL DEDICATION PUBLIC RELATIONS EXPENSE Amount:4867

Form 990EZ Part I Line 16

Description:MEMORIAL DEDICATION FOOD EXPENSES Amount:2390

Form 990EZ Part I Line 16

Description:OTHER MEMORIAL DEDICATION EXPENSES Amount:5444

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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description:PAYMENTS TO GARDEN ARTISTS Amount:90000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:MEMORIAL DEDICATION TRAVEL EXPENSES Amount:25000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:MEMORIAL DEDICATION PUBLIC RELATIONS EXPENSE Amount:4867
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:MEMORIAL DEDICATION FOOD EXPENSES Amount:2390
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990EZ PART I LINE 16
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RENA MEDEK
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ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-11
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 South Tejon Suite 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Colorado Springs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0809039848
ReturnHeader/PreparerPersonGrp/PhoneNum07194714290
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Adam R Smith CPA
ReturnHeader/ReturnTs02019-07-11T17:32:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

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Filings