Civic Intelligence

East Colfax Partnership Inc Co Tera Pagel

990 • Fiscal year 2020 • EIN 77-0633106

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 09, 2021

6740 E Colfax AvenueDenver, CO 80220

(303) 478-0266

Siviq Scores

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

Liabilities / Assets

80th percentile

0.19x

Higher debt load relative to assets than 80% of similar nonprofits.

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

Liabilities / Revenue

74th percentile

0.07x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

74th percentile

25%

Higher net margin than 74% of similar nonprofits.

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

Top Officer Pay

98th percentile

$97,833

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 22.2% of source-year revenue.

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

Asset Growth

96th percentile

412%

Faster asset growth than 96% of similar nonprofits.

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

Revenue Growth

94th percentile

111%

Faster revenue growth than 94% of similar nonprofits.

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

Assets

Up

$168,296

Up $135,443 (+412%) from 2019

Net Assets

Up

$136,326

Up $109,488 (+408%) from 2019

Liabilities

Up

$31,970

Up $25,955 (+432%) from 2019

Revenue

Up

$439,965

Up $231,244 (+111%) from 2019

Expenses

Up

$330,477

Up $128,311 (+63%) from 2019

Net Income

Up

$109,488

Up $102,933 (+1570%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $51,214Liabilities 2011: $8,107Net Assets 2011: $43,1072011Assets 2012: $59,108Liabilities 2012: $7,858Net Assets 2012: $51,2502012Assets 2013: $76,367Liabilities 2013: $17,997Net Assets 2013: $58,3702013Assets 2014: $59,307Net Assets 2014: $59,3072014Assets 2015: $53,665Liabilities 2015: $2,622Net Assets 2015: $51,0432015Assets 2019: $32,853Liabilities 2019: $6,015Net Assets 2019: $26,8382019Assets 2020: $168,296Liabilities 2020: $31,970Net Assets 2020: $136,3262020Assets 2021: $228,210Liabilities 2021: $7,595Net Assets 2021: $220,6152021Assets 2022: $4,886,484Liabilities 2022: $4,444,711Net Assets 2022: $441,7732022Assets 2023: $5,471,048Liabilities 2023: $3,571,751Net Assets 2023: $1,899,2972023Assets 2024: $5,385,707Liabilities 2024: $3,613,782Net Assets 2024: $1,771,9252024

Highlighted filing

2020

Assets$168,296
Liabilities$31,970
Net Assets$136,326

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $87,453Expenses 2011: $67,636Net Income 2011: $19,8172011Revenue 2012: $94,083Expenses 2012: $85,940Net Income 2012: $8,1432012Revenue 2013: $144,641Expenses 2013: $137,501Net Income 2013: $7,1402013Revenue 2014: $114,687Expenses 2014: $113,750Net Income 2014: $9372014Revenue 2015: $4,565Expenses 2015: $12,829Net Income 2015: -$8,2642015Revenue 2019: $208,721Expenses 2019: $202,166Net Income 2019: $6,5552019Revenue 2020: $439,965Expenses 2020: $330,477Net Income 2020: $109,4882020Revenue 2021: $685,755Expenses 2021: $601,466Net Income 2021: $84,2892021Revenue 2022: $1,199,855Expenses 2022: $978,698Net Income 2022: $221,1572022Revenue 2023: $2,749,014Expenses 2023: $1,291,490Net Income 2023: $1,457,5242023Revenue 2024: $1,358,587Expenses 2024: $1,485,959Net Income 2024: -$127,3722024

Highlighted filing

2020

Revenue$439,965
Expenses$330,477
Net Income$109,488
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 9, 2021
Return Version
2020v4.0
Gross Receipts
$439,965
Mission and Program Overview

Mission

The fax partnership strengthens and supports residents and businesses along the east colfax corridor while advancing a vision of equitable development.

The Fax Partnership strengthens and supports residents and business along the East Colfax corridor while advancing a vision of equitable development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,909$126,160▲ $115,251
Pledges and Grants Receivable$18,879$35,876▲ $16,997
Land, Buildings, and Equipment, Net$850$2,726▲ $1,876
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$32,853$168,296▲ $135,443
Other Assets Total$2,215$3,534▲ $1,319
Liabilities
Unsecured Notes Loans Payable-$23,265-
Accounts Payable and Accrued Expenses$5,665$8,705▲ $3,040
Other Liabilities$350--
Total Liabilities$6,015$31,970▲ $25,955
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$26,838$136,326▲ $109,488
Total Net Assets Fund Balance$26,838$136,326▲ $109,488
Total Liabilities and Net Assets / Fund Balance$32,853$168,296▲ $135,443

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,726-$2,726
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Monica MartinezExecutive DirectorFT$97,833$97,833

Board Members and Trustees

NameTitle
John FernandezChairman
Darion MayhornVice Chair
Amy FordDirector
Amy HansenDirector
Karen FinchDirector
Leah BusamDirector
Tor EricksonDirector
Heidi AggelerSecretary
Stacie LoucksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$284,818
Program Service Revenue
$154,087
Investment Income
$0
Other Revenue
$1,060
All Other Contributions
$284,818
Change in Net Assets
$109,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$234,396
Grants and Similar Amounts Paid$50,200
Other Expenses$45,881
Total Fundraising Expense$9,361
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$100,728$11,604$1,644$113,976
Current Officers, Directors, Trustees, and Key Employees$75,331$15,653$6,848$97,832
Grants to Domestic Individuals$50,200--$50,200
Payroll Taxes$15,443$240$680$16,363
Fees for Services Other$3,793$5,000-$8,793
Occupancy$2,564$6,112-$8,676
Fees for Services Accounting$2,605$4,395-$7,000
Other Employee Benefits-$6,225-$6,225
Office Expenses$95$3,632-$3,727
All Other Expenses$684$2,439-$3,123
Insurance$1,585$713-$2,298
Information Technology$682$490-$1,172
Other Expenses$500$419$189$1,108
Depreciation Depletion-$647-$647
Advertising$330$124-$454
Conferences and Meetings-$50-$50
Total Functional Expenses$260,781$60,335$9,361$330,477
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
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
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, Line 11B: Form 990 Review Process

Once the year end books are closed, the financial statements and other supporting information is forwarded to the CPA preparer. The CPA prepares a draft Form 990 and forwards it to the bookkeeper and executive director for their review. The bookkeeper and executive director recommend changes and corrections as needed. A revised Form 990 is forwarded to the executive director who distributes the 990 to the directors for their review. Upon correction and explanation of any items, the Form 990 is approved by the Board and filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Monitoring of conflicts is performed on an needed basis. When there are critical policy issues to be discussed, the Board discusses whether or not any Board member might have a conflict of interest and the Board member is then recused from the discussion and vote on the issue.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board of directors evaluates the performance of the executive director and surveys the not for profit community for information regarding compensation based upon the size and complexity of the organization and determines a compensation package.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
East Denver Colfax Partnership Inc
EIN
77-0633106
Phone
3034780266
Address
6740 E Colfax Avenue, Denver, CO 80220

Signing Officer

Name
Monica Martinez
Title
Executive Director
Signed
2021-03-09
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
9
Independent Board Members
9
Employees
6

Preparer

Firm
Paul L Smith Pc
Address
1660 S ALBION ST STE 900, DENVER, CO 80222
Preparer
Paul L Smith
Phone
3037593862
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IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02215
IRS990/OtherAssetsTotalGrp/EOYAmt03534
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06225
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06225
IRS990/OtherExpensesGrp/Desc0Printing and Publications
IRS990/OtherExpensesGrp/Desc1Telephone
IRS990/OtherExpensesGrp/Desc2Postage and Shipping
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/FundraisingAmt0189
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0201
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12282
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2109
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3419
IRS990/OtherExpensesGrp/ProgramServicesAmt04262
IRS990/OtherExpensesGrp/ProgramServicesAmt1300
IRS990/OtherExpensesGrp/ProgramServicesAmt21679
IRS990/OtherExpensesGrp/ProgramServicesAmt3500
IRS990/OtherExpensesGrp/TotalAmt04463
IRS990/OtherExpensesGrp/TotalAmt12582
IRS990/OtherExpensesGrp/TotalAmt21788
IRS990/OtherExpensesGrp/TotalAmt31108
IRS990/OtherLiabilitiesGrp/BOYAmt0350
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0680
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0240
IRS990/PayrollTaxesGrp/ProgramServicesAmt015443
IRS990/PayrollTaxesGrp/TotalAmt016363
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt018879
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt035876
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0519100
IRS990/ProgramServiceRevenueGrp/Desc0Economic Consulting Serv
IRS990/ProgramServiceRevenueGrp/Desc1Other
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0144087
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0144087
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0153954
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0117242
IRS990/PYProgramServiceRevenueAmt054767
IRS990/PYRevenuesLessExpensesAmt06555
IRS990/PYSalariesCompEmpBnftPaidAmt084924
IRS990/PYTotalExpensesAmt0202166
IRS990/PYTotalRevenueAmt0208721
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0109488
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt01060
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0439965
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0208721
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt038981
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0687667
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0687667
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0439965
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0208721
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt038981
IRS990ScheduleA/Total509Grp/TotalAmt0687667
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0439965
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0208721
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt038981
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0687667
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
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02726
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02726
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02726
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt050200
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Cash grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0132
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Cash value
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Once the year end books are closed, the financial statements and other supporting information is forwarded to the CPA preparer. The CPA prepares a draft Form 990 and forwards it to the bookkeeper and executive director for their review. The bookkeeper and executive director recommend changes and corrections as needed. A revised Form 990 is forwarded to the executive director who distributes the 990 to the directors for their review. Upon correction and explanation of any items, the Form 990 is approved by the Board and filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Monitoring of conflicts is performed on an needed basis. When there are critical policy issues to be discussed, the Board discusses whether or not any Board member might have a conflict of interest and the Board member is then recused from the discussion and vote on the issue.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of directors evaluates the performance of the executive director and surveys the not for profit community for information regarding compensation based upon the size and complexity of the organization and determines a compensation package.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt032853
IRS990/TotalAssetsEOYAmt0168296
IRS990/TotalAssetsGrp/BOYAmt032853
IRS990/TotalAssetsGrp/EOYAmt0168296
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0284818
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09361

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