Civic Intelligence

Boulder Treasures Inc

990 • Fiscal year 2020 • EIN 46-4099034

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 03, 2020

1638 Pearl StreetBoulder, CO 80302

(720) 778-1357

Siviq Scores

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

Liabilities / Assets

78th percentile

0.14x

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

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

Liabilities / Revenue

81st percentile

0.16x

Higher debt load relative to revenue than 81% of similar nonprofits.

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

Net Margin

39th percentile

-0.7%

Higher net margin than 39% of similar nonprofits.

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

Top Officer Pay

77th percentile

$1,074

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

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

Asset Growth

60th percentile

12%

Faster asset growth than 60% of similar nonprofits.

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

Revenue Growth

32nd percentile

-35%

Faster revenue growth than 32% of similar nonprofits.

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

Assets

Up

$478,041

Up $49,846 (+12%) from 2019

Net Assets

Down

$408,752

Down $3,161 (-0.8%) from 2019

Liabilities

Up

$69,289

Up $53,007 (+326%) from 2019

Revenue

Down

$435,466

Down $236,782 (-35%) from 2019

Expenses

Down

$438,627

Down $13,137 (-2.9%) from 2019

Net Income

Down

-$3,161

Down $223,645 (-101%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2014: $82,062Liabilities 2014: $10,000Net Assets 2014: $72,0622014Assets 2015: $151,121Liabilities 2015: $56,946Net Assets 2015: $94,1752015Assets 2016: $160,196Liabilities 2016: $60,489Net Assets 2016: $99,7072016Assets 2017: $216,689Liabilities 2017: $20,099Net Assets 2017: $196,5902017Assets 2018: $206,944Liabilities 2018: $15,515Net Assets 2018: $191,4292018Assets 2019: $428,195Liabilities 2019: $16,282Net Assets 2019: $411,9132019Assets 2020: $478,041Liabilities 2020: $69,289Net Assets 2020: $408,7522020Assets 2021: $599,762Liabilities 2021: $34,743Net Assets 2021: $565,0192021Assets 2022: $565,850Liabilities 2022: $44,111Net Assets 2022: $521,7392022Assets 2023: $360,761Liabilities 2023: -$1,342Net Assets 2023: $362,1032023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$478,041
Liabilities$69,289
Net Assets$408,752

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $91,070Expenses 2014: $19,008Net Income 2014: $72,0622014Revenue 2015: $335,769Expenses 2015: $313,657Net Income 2015: $22,1122015Revenue 2016: $354,786Expenses 2016: $349,254Net Income 2016: $5,5322016Revenue 2017: $455,238Expenses 2017: $358,355Net Income 2017: $96,8832017Revenue 2018: $378,374Expenses 2018: $383,535Net Income 2018: -$5,1612018Revenue 2019: $672,248Expenses 2019: $451,764Net Income 2019: $220,4842019Revenue 2020: $435,466Expenses 2020: $438,627Net Income 2020: -$3,1612020Revenue 2021: $606,154Expenses 2021: $449,887Net Income 2021: $156,2672021Revenue 2022: $627,363Expenses 2022: $670,643Net Income 2022: -$43,2802022Revenue 2023: $351,290Expenses 2023: $510,926Net Income 2023: -$159,6362023Revenue 2024: -$12,632Expenses 2024: $349,471Net Income 2024: -$362,1032024

Highlighted filing

2020

Revenue$435,466
Expenses$438,627
Net Income-$3,161
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 3, 2020
Return Version
2019v5.1
Gross Receipts
$435,466
Mission and Program Overview

Mission

The mission of boulder treasures is to operate an apprenticeship program for persons with intellectual and developmental disabilities that provides on-the-job training in real world environments and job placement services to secure their independent employment in an inclusive community.

Create pathways to purpose and community for adults with developmental disabilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$411,913$408,752▼ $3,161
Savings and Temporary Cash Investments$270,056$327,538▲ $57,482
Inventories for Sale or Use$103,428$95,854▼ $7,574
Land, Buildings, and Equipment, Net$28,148$24,345▼ $3,803
Cash and Non-Interest-Bearing Accounts$8,587$18,601▲ $10,014
Accounts Receivable$10,997$4,724▼ $6,273
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$428,195$478,041▲ $49,846
Other Assets Total$6,979$6,979→ $0
Liabilities
Deferred Revenue$0$32,838▲ $32,838
Other Liabilities$4,707$17,930▲ $13,223
Unsecured Notes Loans Payable$0$10,000▲ $10,000
Accounts Payable and Accrued Expenses$11,575$8,521▼ $3,054
Total Liabilities$16,282$69,289▲ $53,007
Net Assets / Fund Balance
Total Net Assets Fund Balance$411,913$408,752▼ $3,161
Total Liabilities and Net Assets / Fund Balance$428,195$478,041▲ $49,846

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$23,132$16,808$39,940
Equipment$1,213$12,678$13,891
Compensation and Service Providers

Employees

NameTitleBaseTotal
Heather RingoenTreasurer/CFO$1,074$1,074

Board Members and Trustees

NameTitle
Andrew C MindenChair-president/CEO
Constance M MindenVice-chair/program Directo
David WierDirector
Donna CatalanoDirector
Sarah J DillonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$137,402
Program Service Revenue
$294,274
Investment Income
$3,790
Other Revenue
$0
All Other Contributions
$125,402
Change in Net Assets
$-3,161
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$284,321
Salaries, Compensation, and Employee Benefits$154,306
Total Fundraising Expense$1,564
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$140,771--$140,771
Occupancy$104,738$11,638-$116,376
Fees for Services Other$2,697$12,351-$15,048
Payroll Taxes$11,711--$11,711
Office Expenses$7,174$1,946$433$9,553
Fees for Services Accounting-$5,237-$5,237
Depreciation Depletion$3,803--$3,803
Insurance$1,788$1,578-$3,366
Travel$2,805$243-$3,048
Advertising$1,251$855$500$2,606
All Other Expenses$735$37$631$1,403
Other Expenses$550$715$0$1,265
Current Officers, Directors, Trustees, and Key Employees$1,074--$1,074
Other Employee Benefits$750--$750
Fees for Services Legal-$625-$625
Conferences and Meetings$480--$480
Total Functional Expenses$401,825$35,238$1,564$438,627
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rent Payable$11,301
Customer Refunds$3,698
Gift Certificate$2,346
Staff Bonus Store Credit$375
Refer-a-friend$188
Other Payables$22
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Andrew and constance minden are married. Sarah dillon is their niece.

Form 990, Part VI, Section B, Line 11B

All board members are provided a copy of the draft 990 for review and approval before it is filed with the irs. Final copies of the 990 are distributed to the board when it is filed with the irs.

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

All board members are subject to the conflict of interest policy and are required to disclose to the organization all facts material to a conflict of interest, whether apparent or actual. Such disclosures are required as soon as it is known and all board members are required to make an annual statement regarding their acknowledgement of the policy and their agreement to comply with the policy. In the event of a conflict, after disclosure the individual must excuse him/herself from deliberation by the remaining board members prior to any decision made by the board.

Form 990, Part VI, Section C, Line 19

The organization provides a copy of form 990 to be published on the website coloradogives.org. All documents are available to members of the public upon request.

Filing and Contact Details

Filer

Filer Name
Boulder Treasures Inc
EIN
46-4099034
Phone
7207781357
Address
1638 PEARL STREET, BOULDER, CO 80302
Doing Business As
Ramble on Pearl

Signing Officer

Name
Andrew Minden
Title
President/CEO
Phone
7207781357
Signed
2020-12-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Minden
Formed
2013
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
18
Volunteers
6

Preparer

Firm
Bdo USA Llp
Address
4999 PEARL EAST CIRCLE SUITE 300, BOULDER, CO 80301
Preparer
Christine Ludwig CPA
Phone
3034400399
Raw XML AppendixShowing 400 of 452 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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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt010380
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0295319
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt045476
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0163180
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0111066
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0625421
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0137402
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0352326
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0103777
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0214413
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0154220
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0962138
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03790
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01764
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05596
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0294274
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0318158
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0269699
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0240805
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0200565
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01323501
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03790
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01764
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05596
IRS990ScheduleA/InvestmentIncomeCYPct00.00240
IRS990ScheduleA/InvestmentIncomePYPct00.00080
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.72460
IRS990ScheduleA/PublicSupportPY509Pct00.65200
IRS990ScheduleA/PublicSupportTotal509Amt01660218
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt010380
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0295319
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt045476
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0163180
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0111066
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0625421
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0431676
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0670484
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0373476
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0455218
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0354785
IRS990ScheduleA/Total509Grp/TotalAmt02285639
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0435466
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0672248
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0373497
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0455238
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0354786
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02291235
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01213
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012678
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt013891
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt023132
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt016808
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt039940
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02346
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13698
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2188
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3375
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt411301
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt522
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GIFT CERTIFICATE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CUSTOMER REFUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2REFER-A-FRIEND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3STAFF BONUS STORE CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4RENT PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5OTHER PAYABLES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024345
IRS990ScheduleD/TotalLiabilityAmt017930
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANDREW AND CONSTANCE MINDEN ARE MARRIED. SARAH DILLON IS THEIR NIECE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS ARE PROVIDED A COPY OF THE DRAFT 990 FOR REVIEW AND APPROVAL BEFORE IT IS FILED WITH THE IRS. FINAL COPIES OF THE 990 ARE DISTRIBUTED TO THE BOARD WHEN IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO DISCLOSE TO THE ORGANIZATION ALL FACTS MATERIAL TO A CONFLICT OF INTEREST, WHETHER APPARENT OR ACTUAL. SUCH DISCLOSURES ARE REQUIRED AS SOON AS IT IS KNOWN AND ALL BOARD MEMBERS ARE REQUIRED TO MAKE AN ANNUAL STATEMENT REGARDING THEIR ACKNOWLEDGEMENT OF THE POLICY AND THEIR AGREEMENT TO COMPLY WITH THE POLICY. IN THE EVENT OF A CONFLICT, AFTER DISCLOSURE THE INDIVIDUAL MUST EXCUSE HIM/HERSELF FROM DELIBERATION BY THE REMAINING BOARD MEMBERS PRIOR TO ANY DECISION MADE BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PROVIDES A COPY OF FORM 990 TO BE PUBLISHED ON THE WEBSITE COLORADOGIVES.ORG. ALL DOCUMENTS ARE AVAILABLE TO MEMBERS OF THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0428195
IRS990/TotalAssetsEOYAmt0478041
IRS990/TotalAssetsGrp/BOYAmt0428195
IRS990/TotalAssetsGrp/EOYAmt0478041
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0137402
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01564
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035238
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0401825
IRS990/TotalFunctionalExpensesGrp/TotalAmt0438627
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016282
IRS990/TotalLiabilitiesEOYAmt069289
IRS990/TotalLiabilitiesGrp/BOYAmt016282
IRS990/TotalLiabilitiesGrp/EOYAmt069289
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0411913
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0408752
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0401825
IRS990/TotalProgramServiceRevenueAmt0294274
IRS990/TotalReportableCompFromOrgAmt01074
IRS990/TotalRevenueGrp/ExclusionAmt03790
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0294274
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0435466
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0428195
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0478041

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