Civic Intelligence

Eagle Valley Community Foundation

990 • Fiscal year 2021 • EIN 47-1915583

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 15, 2022

PO Box 1580Vail, CO 81658

(970) 977-1093

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

40th percentile

7.4%

Higher net margin than 40% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

32nd percentile

1.9%

Faster asset growth than 32% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

10th percentile

-30%

Faster revenue growth than 10% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,902,674

Up $36,383 (+1.9%) from 2020

Net Assets

Up

$1,893,713

Up $144,585 (+8.3%) from 2020

Liabilities

Down

$8,961

Down $108,202 (-92%) from 2020

Revenue

Down

$1,946,027

Down $823,601 (-30%) from 2020

Expenses

Up

$1,801,442

Up $561,588 (+45%) from 2020

Net Income

Down

$144,585

Down $1,385,189 (-91%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2016: $362,411Liabilities 2016: $0Net Assets 2016: $362,4112016Assets 2017: $651,235Liabilities 2017: $14,799Net Assets 2017: $636,4362017Assets 2018: $296,254Liabilities 2018: $4,396Net Assets 2018: $291,8582018Assets 2019: $233,589Liabilities 2019: $14,232Net Assets 2019: $219,3572019Assets 2020: $1,866,291Liabilities 2020: $117,163Net Assets 2020: $1,749,1282020Assets 2021: $1,902,674Liabilities 2021: $8,961Net Assets 2021: $1,893,7132021Assets 2022: $1,842,008Liabilities 2022: $235,558Net Assets 2022: $1,606,4502022Assets 2023: $1,781,991Liabilities 2023: $283,145Net Assets 2023: $1,498,8462023Assets 2024: $1,581,447Liabilities 2024: $321,120Net Assets 2024: $1,260,3272024Assets 2025: $2,759,969Liabilities 2025: $850,473Net Assets 2025: $1,909,4962025

Highlighted filing

2021

Assets$1,902,674
Liabilities$8,961
Net Assets$1,893,713

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $433,695Expenses 2016: $125,053Net Income 2016: $308,6422016Revenue 2017: $652,349Expenses 2017: $378,324Net Income 2017: $274,0252017Revenue 2018: $451,899Expenses 2018: $796,477Net Income 2018: -$344,5782018Revenue 2019: $910,908Expenses 2019: $982,929Net Income 2019: -$72,0212019Revenue 2020: $2,769,628Expenses 2020: $1,239,854Net Income 2020: $1,529,7742020Revenue 2021: $1,946,027Expenses 2021: $1,801,442Net Income 2021: $144,5852021Revenue 2022: $2,045,872Expenses 2022: $2,379,652Net Income 2022: -$333,7802022Revenue 2023: $1,186,249Expenses 2023: $1,292,161Net Income 2023: -$105,9122023Revenue 2024: $2,592,952Expenses 2024: $2,849,858Net Income 2024: -$256,9062024Revenue 2025: $6,347,134Expenses 2025: $5,689,336Net Income 2025: $657,7982025

Highlighted filing

2021

Revenue$1,946,027
Expenses$1,801,442
Net Income$144,585
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 15, 2022
Return Version
2021v4.0
Gross Receipts
$1,946,027
Mission and Program Overview

Mission

To connect people with community resources for access to nourishment, wellness, and growth opportunities, creating trusted programs and responsive solutions while embracing individual dignity. Unlike traditional community foundations, we deliver direct services through three core programs: the community market, mira, and elevar. These initiatives provide essential food, health, and resource support to underserved communities while also providing leadership opportunities for long-term community capacity. At evcf, we ensure that no one in our community must choose between paying bills and feeding their family or accessing basic human services.

Eagle valley community foundation provides access to programs and resources that support wellness, healthier food and other essential needs in our community while embracing individual dignity and a committment to sustainability and quality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,866,291$1,898,711▲ $32,420
Land, Buildings, and Equipment, Net-$3,963-
Total Assets$1,866,291$1,902,674▲ $36,383
Liabilities
Other Liabilities$112,378$4,531▼ $107,847
Accounts Payable and Accrued Expenses$4,785$4,430▼ $355
Total Liabilities$117,163$8,961▼ $108,202
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,663,778$1,868,382▲ $204,604
Net Assets With Donor Restrictions$85,350$25,331▼ $60,019
Total Net Assets Fund Balance$1,749,128$1,893,713▲ $144,585
Total Liabilities and Net Assets / Fund Balance$1,866,291$1,902,674▲ $36,383

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,963$20,767$24,730
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dan GodecChair
Carter SharfsteinDirector
Chris MoffetDirector
Chris RomerDirector
Jason DenhartDirector
Jeff MalehornDirector
Kathryn RegjoDirector
Mark WurzerDirector
Merv LapinDirector
Seth EhrlichDirector
Susie DavisDirector
Ryan KippSecretary
Bill SimonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,946,017
Program Service Revenue
$0
Investment Income
$10
Other Revenue
$0
All Other Contributions
$1,426,451
Change in Net Assets
$144,585
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$926,210
Other Expenses$651,962
Grants and Similar Amounts Paid$223,270
Total Fundraising Expense$109,074
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$463,768$168,643$70,268$702,679
Grants to Domestic Orgs$223,270--$223,270
Current Officers, Directors, Trustees, and Key Employees$59,981$21,811$9,089$90,881
Other Employee Benefits$52,076$18,937$7,890$78,903
Occupancy$47,392$17,234$7,181$71,807
Payroll Taxes$35,473$12,899$5,375$53,747
Fees for Services Accounting-$36,753-$36,753
Advertising$23,056$8,384$3,493$34,933
Fees for Services Other$22,520$8,189$3,413$34,122
Office Expenses$16,664$2,827$1,179$20,670
Fees for Services Legal-$10,045-$10,045
Information Technology$4,673$1,700$708$7,081
Conferences and Meetings$2,153$783$326$3,262
Insurance$1,005$366$152$1,523
Other Expenses$1,262--$1,262
Depreciation Depletion$117--$117
Total Functional Expenses$1,383,797$308,571$109,074$1,801,442
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The BoneyardEagle, CO--$27,336
Eagle DinerEagle, CO--$24,424
Red Canyon CafeEagle, CO--$19,528
DJ'S & DAHLIASGypsum, CO--$17,560
7 Hermits BrewingEagle, CO--$15,000
Brush Creek SaloonEagle, CO--$15,000
Cafe ShcEagle, CO--$15,000
Grand Avenue GrillEagle, CO--$15,000
Katch of the DayEagle, CO--$15,000
The AssemblyEagle, CO--$15,000
Tu Casa Mexican RestaurantGypsum, CO--$15,000
FiestasEdwards, CO--$13,168
The BowlmorEagle, CO--$10,000
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
Payroll Liabilities$4,531
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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
Yes
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, Page 6, Part VI, Line 11B

The completed form 990 is reviewed by the chairman of the board of directors prior to filing. The organization relies on expert input from the organization acccountant and legal counsel to ensure the form 990 is complete and accurate.

Form 990, Page 6, Part VI, Line 12C

The board is reminded of the conflict of interest policy at board meetings and periodically sign a document confirming their awareness of compliancewith this policy.

Form 990, Page 6, Part VI, Line 15B

During 2017 the board reviewed and approved the compensation of one employee who manages the programs for community impact. The board considered the permformance of the employee and considered the compensation level for similar positions at other organizations before approving the compensation of less than 70,000.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Eagle Valley Community Foundation
EIN
47-1915583
Phone
9709771093
Address
PO BOX 1580, VAIL, CO 81658

Signing Officer

Name
Melina Valsecia
Title
Executive Director
Phone
9704712489
Signed
2022-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Godec
Formed
2014
Legal Domicile
Co
Voting Board Members
13
Independent Board Members
13
Employees
28
Volunteers
480

Preparer

Firm
Bivins & Bunyak Cpas Pllc
Address
28 2ND ST UNIT 212, EDWARDS, CO 81632
Preparer
J Elbert Bivins Iv CPA
Phone
9704561040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Eagle valley community foundation provides access to programs and resources that support wellness, healthier food and other essential needs in our community while embracing individual dignity and a committment to sustainability and quality.

Form 990, Page 2, Part III, Line 4A

Our community foundation initiatives are aimed at supporting working families that may be vulnerable to hunger and other basic needs. We seek to fill gaps in community service. The work we are doing includes the launch of the the community market, early childhood education scholarship program at colorado mountain college, and management of the mira program, working on issues of health and wellness for marginalized people living in poverty. We have developed a leadership development program and social impact fund that provides community investments through grantmaking and program-related investments to emerging latinx leaders and people of color. Through existing programs and partnerships with local nonprofit organizations, evcfs elevar fund will create the connection point between existing education and leadership training programs, to the resources needed for emerging leaders to make their dreams a reality, while building economic power, and creating a more empowered and socially just community.

Form 990, Page 2, Part III, Line 4D

Our community foundation initiatives are aimed at supporting working families that may be vulnerable to hunger and other basic needs. We seek to fill gaps in community service. The work we are doing includes the launch of the eagle river valley food bank, early childhood education scholarship program at colorado mountain college, and management of the americorps vista program, working on issues of local poverty.

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IRS990/InsuranceGrp/ManagementAndGeneralAmt0366
IRS990/InsuranceGrp/ProgramServicesAmt01005
IRS990/InsuranceGrp/TotalAmt01523
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IRS990/IRPDocumentCnt03
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EAGLE VALLEY COMMUNITY FOUNDATION PROVIDES ACCESS TO PROGRAMS AND RESOURCES THAT SUPPORT WELLNESS, HEALTHIER FOOD AND OTHER ESSENTIAL NEEDS IN OUR COMMUNITY WHILE EMBRACING INDIVIDUAL DIGNITY AND A COMMITTMENT TO SUSTAINABILITY AND QUALITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01749128
IRS990/NetAssetsOrFundBalancesEOYAmt01893713
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01663778
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01868382
IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OccupancyGrp/FundraisingAmt07181
IRS990/OccupancyGrp/ManagementAndGeneralAmt017234
IRS990/OccupancyGrp/ProgramServicesAmt047392
IRS990/OccupancyGrp/TotalAmt071807
IRS990/OfficeExpensesGrp/FundraisingAmt01179
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02827
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IRS990/OfficeExpensesGrp/TotalAmt020670
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07890
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018937
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt052076
IRS990/OtherEmployeeBenefitsGrp/TotalAmt078903
IRS990/OtherExpensesGrp/Desc0TCM PROJECT COSTS
IRS990/OtherExpensesGrp/Desc1OTHER PROGRAMMING EXPENSE
IRS990/OtherExpensesGrp/Desc2MIRA SUPPLIES AND MATERIA
IRS990/OtherExpensesGrp/Desc3TRAINING COSTS
IRS990/OtherExpensesGrp/ProgramServicesAmt0317003
IRS990/OtherExpensesGrp/ProgramServicesAmt161095
IRS990/OtherExpensesGrp/ProgramServicesAmt252289
IRS990/OtherExpensesGrp/ProgramServicesAmt31262
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IRS990/OtherExpensesGrp/TotalAmt161095
IRS990/OtherExpensesGrp/TotalAmt252289
IRS990/OtherExpensesGrp/TotalAmt31262
IRS990/OtherLiabilitiesGrp/BOYAmt0112378
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt070268
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0168643
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0OUR COMMUNITY FOUNDATION INITIATIVES ARE AIMED AT SUPPORTING WORKING FAMILIES THAT MAY BE VULNERABLE TO HUNGER AND OTHER BASIC NEEDS. WE SEEK TO FILL GAPS IN COMMUNITY SERVICE. THE WORK WE ARE DOING INCLUDES THE LAUNCH OF THE EAGLE RIVER VALLEY FOOD BANK, EARLY CHILDHOOD EDUCATION SCHOLARSHIP PROGRAM AT COLORADO MOUNTAIN COLLEGE, AND MANAGEMENT OF THE AMERICORPS VISTA PROGRAM, WORKING ON ISSUES OF LOCAL POVERTY.
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt023
IRS990ScheduleA/PublicSupportCY170Pct00.98290
IRS990ScheduleA/PublicSupportPY170Pct00.95090
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IRS990ScheduleA/SubstantialContributorsTotAmt0115384
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IRS990ScheduleA/TotalSupportAmt06730788
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04531
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03963
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IRS990ScheduleI/RecipientTable/CashGrantAmt015000
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IRS990ScheduleI/RecipientTable/CashGrantAmt217560
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IRS990ScheduleI/RecipientTable/CashGrantAmt419528
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IRS990ScheduleI/RecipientTable/CashGrantAmt910000
IRS990ScheduleI/RecipientTable/CashGrantAmt1027336
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CAFE SHC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1TU CASA MEXICAN RESTAURANT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2DJ'S & DAHLIAS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3EAGLE DINER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4RED CANYON CAFE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5GRAND AVENUE GRILL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6THE ASSEMBLY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7KATCH OF THE DAY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8BRUSH CREEK SALOON
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9THE BOWLMOR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10THE BONEYARD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt117 HERMITS BREWING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12FIESTAS
IRS990ScheduleI/RecipientTable/RecipientEIN0852679596
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0313 CHAMBERS AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1106 OAK RIDGE DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2150 COOLEY MESA RD F
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3112 CHAMBERS AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4128 BROADWAY ST 1
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5678 GRAND AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt61143 CAPITOL ST 104A
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7228 BROADWAY STREET UNIT B
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8241 BROADWAY STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt950 CHAMBERS AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt101099 CAPITOL STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt111020 CAPITOL STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1257 EDWARDS ACCESS RD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0EAGLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1GYPSUM
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CO
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