Civic Intelligence

The Gabby Krause Foundation

990 • Fiscal year 2019 • EIN 47-0946567

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 27, 2020

7200 S Alton Way B130Centennial, CO 80112

(720) 476-3022

Siviq Scores

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

Liabilities / Assets

35th percentile

0.02x

Higher debt load relative to assets than 35% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

31st percentile

0.03x

Higher debt load relative to revenue than 31% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

57th percentile

$76,550

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

76th percentile

17%

Faster asset growth than 76% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

72nd percentile

18%

Faster revenue growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,031,191

Up $147,260 (+17%) from 2018

Net Assets

Up

$1,005,482

Up $143,142 (+17%) from 2018

Liabilities

Up

$25,709

Up $4,118 (+19%) from 2018

Revenue

Up

$912,684

Up $138,115 (+18%) from 2018

Expenses

Up

$769,542

Up $112,665 (+17%) from 2018

Net Income

Up

$143,142

Up $25,450 (+22%) 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 2011: $260,031Liabilities 2011: $2,434Net Assets 2011: $257,5972011Assets 2012: $206,239Liabilities 2012: $166Net Assets 2012: $206,0732012Assets 2013: $194,112Liabilities 2013: $4,136Net Assets 2013: $189,9762013Assets 2014: $309,589Liabilities 2014: $4,523Net Assets 2014: $305,0662014Assets 2015: $438,432Liabilities 2015: $12,665Net Assets 2015: $425,7672015Assets 2016: $591,798Liabilities 2016: $12,867Net Assets 2016: $578,9312016Assets 2017: $759,824Liabilities 2017: $15,176Net Assets 2017: $744,6482017Assets 2018: $883,931Liabilities 2018: $21,591Net Assets 2018: $862,3402018Assets 2019: $1,031,191Liabilities 2019: $25,709Net Assets 2019: $1,005,4822019Assets 2020: $1,138,252Liabilities 2020: $27,039Net Assets 2020: $1,111,2132020Assets 2021: $1,373,957Liabilities 2021: $41,884Net Assets 2021: $1,332,0732021Assets 2022: $1,721,212Liabilities 2022: $345,514Net Assets 2022: $1,375,6982022Assets 2023: $1,483,362Liabilities 2023: $240,998Net Assets 2023: $1,242,3642023Assets 2024: $1,375,410Liabilities 2024: $113,183Net Assets 2024: $1,262,2272024Assets 2025: $1,332,156Liabilities 2025: $217,757Net Assets 2025: $1,114,3992025

Highlighted filing

2019

Assets$1,031,191
Liabilities$25,709
Net Assets$1,005,482

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $287,974Expenses 2011: $361,270Net Income 2011: -$73,2962011Revenue 2012: $314,004Expenses 2012: $371,191Net Income 2012: -$57,1872012Expenses 2013: $264,7852013Revenue 2014: $455,706Expenses 2014: $342,340Net Income 2014: $113,3662014Revenue 2015: $550,714Expenses 2015: $428,522Net Income 2015: $122,1922015Revenue 2016: $673,231Expenses 2016: $517,684Net Income 2016: $155,5472016Revenue 2017: $819,929Expenses 2017: $637,885Net Income 2017: $182,0442017Revenue 2018: $774,569Expenses 2018: $656,877Net Income 2018: $117,6922018Revenue 2019: $912,684Expenses 2019: $769,542Net Income 2019: $143,1422019Revenue 2020: $1,000,323Expenses 2020: $927,561Net Income 2020: $72,7622020Revenue 2021: $1,172,678Expenses 2021: $999,291Net Income 2021: $173,3872021Revenue 2022: $1,491,373Expenses 2022: $1,391,218Net Income 2022: $100,1552022Revenue 2023: $1,372,139Expenses 2023: $1,512,386Net Income 2023: -$140,2472023Revenue 2024: $1,629,647Expenses 2024: $1,656,447Net Income 2024: -$26,8002024Revenue 2025: $1,713,142Expenses 2025: $1,938,140Net Income 2025: -$224,9982025

Highlighted filing

2019

Revenue$912,684
Expenses$769,542
Net Income$143,142
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 27, 2020
Return Version
2019v5.0
Gross Receipts
$1,243,324
Mission and Program Overview

Mission

To deliver joy, laughter and relief to children who are faced with a critical long-term and life-threatening condition.

See Part III, Line 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$578,488$580,731▲ $2,243
Investments Other Securities$304,696$442,911▲ $138,215
Accounts Receivable$131--
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$883,931$1,031,191▲ $147,260
Other Assets Total$616$7,549▲ $6,933
Liabilities
Accounts Payable and Accrued Expenses$21,591$25,709▲ $4,118
Total Liabilities$21,591$25,709▲ $4,118
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$862,340$1,005,482▲ $143,142
Total Net Assets Fund Balance$862,340$1,005,482▲ $143,142
Total Liabilities and Net Assets / Fund Balance$883,931$1,031,191▲ $147,260

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$6,225$6,225
Other Securities$442,911--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tammy KrauseExecutive DirectorFT$76,550$76,550
Kelly MoranFinance DirectorPT$51,640$51,640
Kirklyn SimontonDirector of OperationsPT$51,640$51,640

Board Members and Trustees

NameTitle
Doug SlaybaughDirector
Tom RoganDirector (resigned 7/2019)
Revenue and Support

Revenue Composition

Contributions and Grants
$846,690
Program Service Revenue
$0
Investment Income
$59,234
Other Revenue
$6,760
All Other Contributions
$344,867
Change in Net Assets
$143,142

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 Table10,725$35,820Fair Market Value (FMV)
Total Noncash Contributions10,725$35,820-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$298,840
Salaries, Compensation, and Employee Benefits$260,088
Other Expenses$210,614
Total Fundraising Expense$64,930
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$298,840--$298,840
Current Officers, Directors, Trustees, and Key Employees$120,534$45,140$14,156$179,830
Office Expenses$46,774$10,228$19,423$76,425
Other Salaries and Wages$47,151$3,885$10,799$61,835
Occupancy$35,236$10,067$5,034$50,337
Fees for Services Other$10,069$28,986$10,439$49,494
Payroll Taxes$12,828$3,686$1,909$18,423
Travel$8,334$2,381$1,191$11,906
Conferences and Meetings$1,898$5,776$1,979$9,653
Information Technology-$7,211-$7,211
Insurance-$4,414-$4,414
Fees for Services Legal-$1,174-$1,174
Total Functional Expenses$581,664$122,948$64,930$769,542
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$330,640
Fundraising Gross Income$330,640
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bring Out Bags$311,719$128,689$128,689$0
White Party$120,515$54,174$54,174$0
Total Events$832,463$330,640$330,640$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
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
Yes
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 B, line 11B

The Form 990 is available for review by all board members prior to filing the return.

Form 990, Part VI, Section B, line 15A

The Executive Director's salary is based on market comparison and is approved by the board of directors.

Form 990, Part VI, Section C, line 19

Documents are available upon request and governing documents are available on the Colorado Secretary of State website.

Filing and Contact Details

Filer

Filer Name
The Gabby Krause Foundation
EIN
47-0946567
Phone
7204763022
Address
7200 S Alton Way B130, Centennial, CO 80112
Doing Business As
Bags of Fun

Signing Officer

Name
Tammy Krause
Title
Executive Director
Phone
7202213894
Signed
2020-03-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tammy Krause
Formed
2004
Legal Domicile
Co
Voting Board Members
3
Independent Board Members
2
Employees
5
Volunteers
275

Preparer

Firm
Kundinger Corder & Engle PC
Address
475 Lincoln Street Suite 200, Denver, CO 80203
Preparer
Steven R Corder CPA
Phone
3035345953
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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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt021490
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0667957
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03095580
IRS990ScheduleA/TotalSupportAmt03145150
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/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06225
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06225
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0442911
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Mutual Funds
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0442911
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0501823
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0183030
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt066341
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt0252452
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0330640
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Bring Out Bags
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0White Party
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0147777
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0147777
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0311719
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0120515
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0400229
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0832463
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0128689
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt054174
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0147777
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0330640
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0182863
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0128689
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt054174
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt05
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0The Gabby Krause Foundation provided 715 Bags of Fun to children hospitalized with cancer and other life-threatening diseases.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0298840
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Age-specific electronic games, toys and activities packed in a brightly-colored, cheery backpack.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0715
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Gabby Krause Foundation provides age-specific bags only to children hospitalized with cancer and other life-threatening diseases.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt010725
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Toy discount
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt035820
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is available for review by all board members prior to filing the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Executive Director's salary is based on market comparison and is approved by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Documents are available upon request and governing documents are available on the Colorado Secretary of State website.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 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/TotalAssetsBOYAmt0883931
IRS990/TotalAssetsEOYAmt01031191
IRS990/TotalAssetsGrp/BOYAmt0883931
IRS990/TotalAssetsGrp/EOYAmt01031191
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0846690
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt064930
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0122948
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0581664
IRS990/TotalFunctionalExpensesGrp/TotalAmt0769542
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021591
IRS990/TotalLiabilitiesEOYAmt025709
IRS990/TotalLiabilitiesGrp/BOYAmt021591
IRS990/TotalLiabilitiesGrp/EOYAmt025709
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0862340
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01005482
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0581664
IRS990/TotalReportableCompFromOrgAmt0179830
IRS990/TotalRevenueGrp/ExclusionAmt059234
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06760
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0912684
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0275
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0883931
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01031191
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt01191
IRS990/TravelGrp/ManagementAndGeneralAmt02381
IRS990/TravelGrp/ProgramServicesAmt08334
IRS990/TravelGrp/TotalAmt011906
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07200 S Alton Way B130
IRS990/USAddress/CityNm0Centennial
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080112
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0www.BagsofFun.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Tammy Krause
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07202213894
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Gabby Krause Foundation
ReturnHeader/Filer/BusinessNameControlTxt0GABB
ReturnHeader/Filer/EIN0470946567
ReturnHeader/Filer/PhoneNum07204763022
ReturnHeader/Filer/USAddress/AddressLine1Txt07200 S Alton Way B130
ReturnHeader/Filer/USAddress/CityNm0Centennial
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080112
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04C6F90D5B18D9A11C6848E517D2975E4AD7741AE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04C6F90D5B18D9A11C6848E517D2975E4AD7741AE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.33$0.22$1.11$1.71$1.94$0.22
2024Detailed filing. Detailed filing data is available for this year.$1.38$0.11$1.26$1.63$1.66$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.48$0.24$1.24$1.37$1.51$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.72$0.35$1.38$1.49$1.39$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.37$0.04$1.33$1.17$1.00$0.17
2020Detailed filing. Detailed filing data is available for this year.$1.14$0.03$1.11$1.00$0.93$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.03$0.03$1.01$0.91$0.77$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.88$0.02$0.86$0.77$0.66$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.76$0.02$0.74$0.82$0.64$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.59$0.01$0.58$0.67$0.52$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.01$0.43$0.55$0.43$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.46$0.34$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.00$0.19$0.26
2012Summary only. Only limited summary data is available for this year.$0.21$0.00$0.21$0.31$0.37$0.06
2011Summary only. Only limited summary data is available for this year.$0.26$0.00$0.26$0.29$0.36$0.07