Civic Intelligence

Weld Re-4 Educational Foundation

990 • Fiscal year 2020 • EIN 46-2339519

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 05, 2020

1020 Main StreetWindsor, CO 80550

(970) 686-8015

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

71st percentile

22%

Higher net margin than 71% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

70th percentile

26%

Faster asset growth than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

77th percentile

17%

Faster revenue growth than 77% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$188,196

Up $39,165 (+26%) from 2019

Net Assets

Up

$188,196

Up $39,165 (+26%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$178,353

Up $25,500 (+17%) from 2019

Expenses

Up

$139,188

Up $15,366 (+12%) from 2019

Net Income

Up

$39,165

Up $10,134 (+35%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $50,171Liabilities 2015: $23,285Net Assets 2015: $26,8862015Assets 2016: $43,091Liabilities 2016: $23,285Net Assets 2016: $19,8062016Assets 2017: $65,342Liabilities 2017: $23,285Net Assets 2017: $42,0572017Assets 2018: $96,654Liabilities 2018: $0Net Assets 2018: $96,6542018Assets 2019: $149,031Liabilities 2019: $0Net Assets 2019: $149,0312019Assets 2020: $188,196Liabilities 2020: $0Net Assets 2020: $188,1962020Assets 2021: $115,125Liabilities 2021: $0Net Assets 2021: $115,1252021Assets 2022: $130,580Liabilities 2022: $0Net Assets 2022: $130,5802022Assets 2023: $379,157Liabilities 2023: $0Net Assets 2023: $379,1572023Assets 2024: $521,173Liabilities 2024: $0Net Assets 2024: $521,1732024Assets 2025: $297,993Liabilities 2025: $0Net Assets 2025: $297,9932025

Highlighted filing

2020

Assets$188,196
Liabilities$0
Net Assets$188,196

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $61,402Expenses 2015: $34,516Net Income 2015: $26,8862015Revenue 2016: $162,700Expenses 2016: $169,780Net Income 2016: -$7,0802016Revenue 2017: $148,726Expenses 2017: $126,475Net Income 2017: $22,2512017Revenue 2018: $237,614Expenses 2018: $215,682Net Income 2018: $21,9322018Revenue 2019: $152,853Expenses 2019: $123,822Net Income 2019: $29,0312019Revenue 2020: $178,353Expenses 2020: $139,188Net Income 2020: $39,1652020Revenue 2021: $60,766Expenses 2021: $133,837Net Income 2021: -$73,0712021Revenue 2022: $106,436Expenses 2022: $90,980Net Income 2022: $15,4562022Revenue 2023: $430,618Expenses 2023: $182,041Net Income 2023: $248,5772023Revenue 2024: $446,387Expenses 2024: $304,371Net Income 2024: $142,0162024Revenue 2025: $549,637Expenses 2025: $772,817Net Income 2025: -$223,1802025

Highlighted filing

2020

Revenue$178,353
Expenses$139,188
Net Income$39,165
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 5, 2020
Return Version
2019v5.1
Gross Receipts
$327,076
Mission and Program Overview

Mission

See schedule othe weld re-4 education foundation strives to inspire innovation and empower success in our district students and teachers by: providing more of the tools needed to develop future ready skills; recognizing excellence and fostering opportunities for continued success; and strengthening community engagement with our schools.

The foundation strives to inspire innovation and empower success in the school district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$25,076$95,580▲ $70,504
Cash and Non-Interest-Bearing Accounts$123,955$92,616▼ $31,339
Total Assets$149,031$188,196▲ $39,165
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$149,031$188,196▲ $39,165
Total Net Assets Fund Balance$149,031$188,196▲ $39,165
Total Liabilities and Net Assets / Fund Balance$149,031$188,196▲ $39,165
Compensation and Service Providers

Board Members and Trustees

NameTitle
Heather KintzPresident
Chris GentleVice-president
Dan SeegmillerMember
Kim SchuttMember
Russ SmartMember
Tom PrengerMember
Travis GuerretteMember
Gari Lee LudwickSecretary
Tempy BowmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$304,171
Program Service Revenue
$0
Investment Income
$505
Other Revenue
$-126,323
All Other Contributions
$86,201
Change in Net Assets
$39,165

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table7$69,000Fair Market Value
Food Inventory7$24,156Fair Market Value
Other Non Cash Contri Table2$10,000Fair Market Value
Total Noncash Contributions16$103,156-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$125,770
Other Expenses$13,418
Total Fundraising Expense$7,859
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$125,408--$125,408
Advertising--$4,032$4,032
Office Expenses-$1,791$1,142$2,933
Fees for Services Management-$947$947$1,894
Other Expenses--$1,633$1,633
Fees for Services Other-$1,500-$1,500
Fees for Services Accounting-$800-$800
Insurance-$396$105$501
Grants to Domestic Individuals$362--$362
Conferences and Meetings-$125-$125
Total Functional Expenses$125,770$5,559$7,859$139,188
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Weld County School District Re 4Windsor, CO-To Provide Assistance$113,037
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$148,723
Fundraising Gross Income$22,400
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Flip Flop Gala$240,370$22,400$72,078$-49,678
Total Events$240,370$22,400$148,723$-126,323
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
Backup withholding compliance
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
No
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 organization does not provide a completed copy of the 990 to all members before filing.

Form 990, Part VI, Section C, Line 19

The organzation's governing documents, conflict of interest policy and financials statements available upon request.

Filing and Contact Details

Filer

Filer Name
Weld Re-4 Education Foundation
EIN
46-2339519
Phone
9706868015
Address
1020 MAIN STREET, WINDSOR, CO 80550

Signing Officer

Name
Tempy Bowman
Title
Treasurer
Phone
9706868015
Signed
2020-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Schutt
Formed
2013
Legal Domicile
Co
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
30

Preparer

Firm
Bdo USA Llp
Address
2015 CLUBHOUSE DRIVE SUITE 203, GREELEY, CO 80634
Preparer
Ryan M Sanger CPA
Phone
9703521700
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IRS990/MissionDesc0SEE SCHEDULE OTHE WELD RE-4 EDUCATION FOUNDATION STRIVES TO INSPIRE INNOVATION AND EMPOWER SUCCESS IN OUR DISTRICT STUDENTS AND TEACHERS BY: PROVIDING MORE OF THE TOOLS NEEDED TO DEVELOP FUTURE READY SKILLS; RECOGNIZING EXCELLENCE AND FOSTERING OPPORTUNITIES FOR CONTINUED SUCCESS; AND STRENGTHENING COMMUNITY ENGAGEMENT WITH OUR SCHOOLS.
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt022400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022400
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-126323
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt072078
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt072078
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0408
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0408
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0113037
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0WELD COUNTY SCHOOL DISTRICT RE 4
IRS990ScheduleI/RecipientTable/RecipientEIN0846013749
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01020 MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WINDSOR
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd080550
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE AWARDED BY THE FOUNDATION AND SPENDING AGAINST THOSE GRANTS IS TRACKED TO ENSURE THEY WERE APPROVED/AWARDED GRANTS. ONLY THE AMOUNT AWARDED IS PROVIDED TO THE GRANT RECIPIENT. NO OVERSPENDING IS ALLOWED UNLESS THE FOUNDATION APPROVED ADDITIONAL FUNDING FROM THE ORIGINAL GRANT AWARD. THE BOARD WILL DECIDE, IN ITS SOLE DISCRETION, WHETHER TO MAKE AN AWARD OF FUNDS AND THE AMOUNT, IF ANY. OF COURSE, GRANTS ARE DEPENDENT UPON THE AMOUNT OF FUNDS AVAILABLE AT ANY GIVEN TIME. GENERALLY, THE BOARD TAKES INTO CONSIDERATION THE FOLLOWING FACTORS IN REVIEWING ANY GRANT APPLICATION: A) IS THE PROJECT STUDENT-CENTERED AND RELATED TO THE CURRICULUM? B) HOW MANY STUDENTS WILL BE IMPACTED BY THE GRANT? C) WILL THE PROJECT/MATERIALS BE SUSTAINABLE TO BENEFIT STUDENTS IN FUTURE YEARS? D) IS IT SOMETHING WHICH COULD/SHOULD BE FUNDED TO SOME EXTENT THROUGH OTHER SOURCES (I.E. DISTRICT FUNDS, SCHOOL FUNDRAISING, PRIVATE SOURCES, ETC.). HAS THE SCHOOL ALREADY CONTRIBUTED SOME OF ITS OWN FUNDS TO THE PROJECT? IF NOT, WHY?
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt07
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt024156
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt07
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt12
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0AUCTION ITEMS
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1MARKETING/PROMOTIONAL ITEMS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FAIR MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt069000
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt110000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT PROVIDE A COMPLETED COPY OF THE 990 TO ALL MEMBERS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIALS STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WELD COUNTY SCHOOL DISTRICT RE-4
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0846013749
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01020 MAIN STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WINDSOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd080550
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0113037
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0WELD COUNTY SCHOOL DISTRICT RE-4
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
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IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0149031
IRS990/TotalAssetsEOYAmt0188196
IRS990/TotalAssetsGrp/BOYAmt0149031
IRS990/TotalAssetsGrp/EOYAmt0188196
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0304171
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07859
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05559
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0125770
IRS990/TotalFunctionalExpensesGrp/TotalAmt0139188
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0149031
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0188196
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0125770
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-125818
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0178353
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0149031
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0188196
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01020 MAIN STREET
IRS990/USAddress/CityNm0WINDSOR
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080550
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.WELDRE4EDUCATIONFOUNDATION.COM

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