Civic Intelligence

Durango Education Foundation

990 • Fiscal year 2022 • EIN 74-2350944

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

201 East 12th StreetDurango, CO 81301

(970) 385-1491

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

6th percentile

-61%

Higher net margin than 6% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

4th percentile

-31%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

28th percentile

-9.1%

Faster revenue growth than 28% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,137,078

Down $507,307 (-31%) from 2021

Net Assets

Down

$1,137,078

Down $507,307 (-31%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$412,858

Down $41,483 (-9.1%) from 2021

Expenses

Up

$662,656

Up $371,080 (+127%) from 2021

Net Income

Down

-$249,798

Down $412,563 (-253%) from 2021

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: $901,044Liabilities 2011: $0Net Assets 2011: $901,0442011Assets 2012: $922,805Liabilities 2012: $0Net Assets 2012: $922,8052012Assets 2013: $1,013,530Liabilities 2013: $0Net Assets 2013: $1,013,5302013Assets 2014: $1,091,712Liabilities 2014: $0Net Assets 2014: $1,091,7122014Assets 2015: $991,574Liabilities 2015: $10,101Net Assets 2015: $981,4732015Assets 2016: $1,031,921Liabilities 2016: $0Net Assets 2016: $1,031,9212016Assets 2017: $1,138,792Liabilities 2017: $0Net Assets 2017: $1,138,7922017Assets 2018: $1,036,444Liabilities 2018: $0Net Assets 2018: $1,036,4442018Assets 2019: $1,277,006Liabilities 2019: $0Net Assets 2019: $1,277,0062019Assets 2020: $1,471,402Liabilities 2020: $0Net Assets 2020: $1,471,4022020Assets 2021: $1,644,385Liabilities 2021: $0Net Assets 2021: $1,644,3852021Assets 2022: $1,137,078Liabilities 2022: $0Net Assets 2022: $1,137,0782022Assets 2023: $1,264,233Liabilities 2023: $0Net Assets 2023: $1,264,2332023Assets 2024: $1,405,490Liabilities 2024: $375Net Assets 2024: $1,405,1152024

Highlighted filing

2022

Assets$1,137,078
Liabilities$0
Net Assets$1,137,078

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $151,216Expenses 2011: $93,997Net Income 2011: $57,2192011Revenue 2012: $104,636Expenses 2012: $128,646Net Income 2012: -$24,0102012Revenue 2013: $137,733Expenses 2013: $131,045Net Income 2013: $6,6882013Revenue 2014: $350,894Expenses 2014: $313,163Net Income 2014: $37,7312014Revenue 2015: $291,438Expenses 2015: $232,814Net Income 2015: $58,6242015Revenue 2016: $273,769Expenses 2016: $270,687Net Income 2016: $3,0822016Revenue 2017: $347,554Expenses 2017: $279,470Net Income 2017: $68,0842017Revenue 2018: $384,863Expenses 2018: $246,105Net Income 2018: $138,7582018Revenue 2019: $290,444Expenses 2019: $207,203Net Income 2019: $83,2412019Revenue 2020: $274,414Expenses 2020: $211,172Net Income 2020: $63,2422020Revenue 2021: $454,341Expenses 2021: $291,576Net Income 2021: $162,7652021Revenue 2022: $412,858Expenses 2022: $662,656Net Income 2022: -$249,7982022Revenue 2023: $350,785Expenses 2023: $318,063Net Income 2023: $32,7222023Revenue 2024: $545,745Expenses 2024: $433,491Net Income 2024: $112,2542024

Highlighted filing

2022

Revenue$412,858
Expenses$662,656
Net Income-$249,798
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$716,962
Mission and Program Overview

Mission

To provide financial support to Durango School District 9-R for programs, materials, and technology needs that fall outside the capacity of the regular school district budget.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,495,929$1,061,724▼ $434,205
Cash and Non-Interest-Bearing Accounts$148,456$75,354▼ $73,102
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,644,385$1,137,078▼ $507,307
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$622,220$575,973▼ $46,247
Net Assets Without Donor Restrictions$1,022,165$561,105▼ $461,060
Total Net Assets Fund Balance$1,644,385$1,137,078▼ $507,307
Total Liabilities and Net Assets / Fund Balance$1,644,385$1,137,078▼ $507,307
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jean ThweattPast President
Randolph Thomas GeyerPresident
Robert LoganVice President
Barbara McLachlanDirector
Cherie NaffzigerDirector
Jessica ObletonDirector
John FeistnerDirector
Kevin CulhaneDirector
Micki HassemerDirector
Zane WellsDirector
Diana CruzExecutive Director
Blair MatlockSecretary
Jason PortzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$282,625
Program Service Revenue
$6,481
Investment Income
$42,641
Other Revenue
$81,111
All Other Contributions
$282,625
Change in Net Assets
$-249,798
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$552,880
Salaries, Compensation, and Employee Benefits$70,125
Other Expenses$39,651
Total Fundraising Expense$19,699
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$515,759--$515,759
Current Officers, Directors, Trustees, and Key Employees$29,924$20,946$8,977$59,847
Grants to Domestic Individuals$37,121--$37,121
Fees for Service Investment Mgmnt Fees-$8,481-$8,481
Fees for Services Accounting-$7,655-$7,655
Other Employee Benefits$2,850$1,995$855$5,700
Payroll Taxes$2,289$1,602$687$4,578
Insurance$165$1,554$49$1,768
Office Expenses$705$494$212$1,411
Other Expenses$5,978$367$7,022$367
Information Technology$124$87$37$248
All Other Expenses--$66$66
Advertising-$51-$51
Total Functional Expenses$594,915$48,042$19,699$662,656
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$92,242
Fundraising Direct Expenses$11,131
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bridge The Gap$51,242$51,242$1,543$49,699
Golf$41,000$41,000$9,588$31,412
Total Events$92,242$92,242$11,131$81,111
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 B, Line 11B

Each Director and Officer was provided with a copy of the Form 990 for review and comment. The Board then voted to approve the document prior to submission.

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

The Executive Director reviews conflict of interest statements on an annual basis and provides reminders to the Board and Board committees regarding the conflict of interest policy at least once per year. Any conflicts which arise in Board or committee meetings are documented in meeting minutes. In 2021 no conflicts of interest arose.

Form 990, Part VI, Section C, Line 19

All governance documents, policies and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Durango Education Foundation
EIN
74-2350944
Phone
9703851491
Address
201 East 12th Street, Durango, CO 81301

Signing Officer

Name
Wendy Allsbrook Javier
Title
Executive Director
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Co
Voting Board Members
12
Independent Board Members
11
Employees
1

Preparer

Firm
Clark White & Associates Inc
Address
PO Box 1619, Durango, CO 81302
Preparer
Frankie White
Phone
9702473954
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IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide financial support to Durango School District 9-R for programs, materials, and technology needs that fall outside the capacity of the regular school district budget.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01644385
IRS990/NetAssetsOrFundBalancesEOYAmt01137078
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-7620
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-7620
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt081111
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-257509
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01022165
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0561105
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt0212
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0494
IRS990/OfficeExpensesGrp/ProgramServicesAmt0705
IRS990/OfficeExpensesGrp/TotalAmt01411
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0855
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01995
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02850
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05700
IRS990/OtherExpensesGrp/Desc0Credit Card and Bank Fees
IRS990/OtherExpensesGrp/Desc1General Fundraising
IRS990/OtherExpensesGrp/Desc2Dues and Subscriptions
IRS990/OtherExpensesGrp/Desc3Professional Development
IRS990/OtherExpensesGrp/FundraisingAmt01794
IRS990/OtherExpensesGrp/FundraisingAmt17022
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04185
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1625
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2367
IRS990/OtherExpensesGrp/ProgramServicesAmt05978
IRS990/OtherExpensesGrp/TotalAmt011957
IRS990/OtherExpensesGrp/TotalAmt17022
IRS990/OtherExpensesGrp/TotalAmt2625
IRS990/OtherExpensesGrp/TotalAmt3367
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0687
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01602
IRS990/PayrollTaxesGrp/ProgramServicesAmt02289
IRS990/PayrollTaxesGrp/TotalAmt04578
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Administration Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06481
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06481
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0285865
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0184350
IRS990/PYInvestmentIncomeAmt0131904
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt041424
IRS990/PYOtherRevenueAmt030197
IRS990/PYProgramServiceRevenueAmt06375
IRS990/PYRevenuesLessExpensesAmt0162765
IRS990/PYSalariesCompEmpBnftPaidAmt065802
IRS990/PYTotalExpensesAmt0291576
IRS990/PYTotalRevenueAmt0454341
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-249798
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0282625
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0285865
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0209832
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0222535
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0192219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01193076
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt050261
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt067306
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt046105
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt053708
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt076979
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0294359
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80210
IRS990ScheduleA/PublicSupportPY170Pct00.79810
IRS990ScheduleA/PublicSupportTotal170Amt01193076
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0282625
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0285865
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0209832
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0222535
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0192219
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01193076
IRS990ScheduleA/TotalSupportAmt01487435
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011131
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Bridge The Gap
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Golf
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt051242
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt041000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt092242
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt051242
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt041000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt092242
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt081111
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011131
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01543
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt09588
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt036960

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.55$0.43$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.35$0.32$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.41$0.66$0.25
2021Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.45$0.29$0.16
2020Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$0.27$0.21$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.29$0.21$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.38$0.25$0.14
2017Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.35$0.28$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.27$0.27$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.99$0.01$0.98$0.29$0.23$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.35$0.31$0.04
2013Summary only. Only limited summary data is available for this year.$1.01$0.00$1.01$0.14$0.13$0.01
2012Summary only. Only limited summary data is available for this year.$0.92$0.00$0.92$0.10$0.13$0.02
2011Summary only. Only limited summary data is available for this year.$0.90$0.00$0.90$0.15$0.09$0.06