Civic Intelligence

Sun Valley Ecodistrict Trust

990 • Fiscal year 2020 • EIN 81-3256448

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

2617 W Holden PlaceDenver, CO 80204

(303) 892-9400

Siviq Scores

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

Liabilities / Assets

64th percentile

0.32x

Higher debt load relative to assets than 64% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.52x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

98th percentile

91%

Higher net margin than 98% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

77th percentile

$204,295

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

91st percentile

63%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

84%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$6,511,270

Up $2,521,525 (+63%) from 2019

Net Assets

Up

$4,441,257

Up $3,589,882 (+422%) from 2019

Liabilities

Down

$2,070,013

Down $1,068,357 (-34%) from 2019

Revenue

Up

$3,966,200

Up $1,812,867 (+84%) from 2019

Expenses

Down

$376,318

Down $82,938 (-18%) from 2019

Net Income

Up

$3,589,882

Up $1,895,805 (+112%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2016: $1,251,804Liabilities 2016: $1,142,587Net Assets 2016: $109,2172016Assets 2017: $2,705,882Liabilities 2017: $2,922,141Net Assets 2017: -$216,2592017Assets 2018: $4,038,897Liabilities 2018: $4,881,599Net Assets 2018: -$842,7022018Assets 2019: $3,989,745Liabilities 2019: $3,138,370Net Assets 2019: $851,3752019Assets 2020: $6,511,270Liabilities 2020: $2,070,013Net Assets 2020: $4,441,2572020Assets 2021: $6,240,874Liabilities 2021: $2,055,512Net Assets 2021: $4,185,3622021Assets 2022: $4,761,954Liabilities 2022: $1,644,304Net Assets 2022: $3,117,6502022Assets 2023: $79,527Liabilities 2023: $0Net Assets 2023: $79,5272023Assets 2024: $14,668Liabilities 2024: $0Net Assets 2024: $14,6682024

Highlighted filing

2020

Assets$6,511,270
Liabilities$2,070,013
Net Assets$4,441,257

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2016: $200,000Expenses 2016: $90,783Net Income 2016: $109,2172016Revenue 2017: $561,703Expenses 2017: $887,179Net Income 2017: -$325,4762017Revenue 2018: $10Expenses 2018: $626,453Net Income 2018: -$626,4432018Revenue 2019: $2,153,333Expenses 2019: $459,256Net Income 2019: $1,694,0772019Revenue 2020: $3,966,200Expenses 2020: $376,318Net Income 2020: $3,589,8822020Revenue 2021: $7Expenses 2021: $255,902Net Income 2021: -$255,8952021Revenue 2022: -$594,164Expenses 2022: $473,548Net Income 2022: -$1,067,7122022Revenue 2023: -$3,031,910Expenses 2023: $6,213Net Income 2023: -$3,038,1232023Revenue 2024: $1Expenses 2024: $64,860Net Income 2024: -$64,8592024

Highlighted filing

2020

Revenue$3,966,200
Expenses$376,318
Net Income$3,589,882
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$6,853,272
Mission and Program Overview

Mission

The sun valley ecodistrict trust was created to combat deterioration and urban decay and to facilitate economic development in the sun valley neighborhood, one of denver, colorado's poorest neighborhoods.

The sun valley ecodistrict trust ("sved") was created to combat deterioration and urban decay and to facilitate economic development in the sun valley neighborhood, one of denver, colorado's poorest neighborhoods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$851,375$4,441,257▲ $3,589,882
Land, Buildings, and Equipment, Net$3,772,588$3,136,813▼ $635,775
Cash and Non-Interest-Bearing Accounts$128,860$216,497▲ $87,637
Prepaid Expenses and Deferred Charges$30,672$335▼ $30,337
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,989,745$6,511,270▲ $2,521,525
Other Assets Total$57,625$3,157,625▲ $3,100,000
Liabilities
Accounts Payable and Accrued Expenses$1,615,825$1,624,263▲ $8,438
Mortgage Notes Payable Secured by Investment Property$1,522,545$445,750▼ $1,076,795
Total Liabilities$3,138,370$2,070,013▼ $1,068,357
Net Assets / Fund Balance
Total Net Assets Fund Balance$851,375$4,441,257▲ $3,589,882
Total Liabilities and Net Assets / Fund Balance$3,989,745$6,511,270▲ $2,521,525

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,078,028-$3,078,028
Land$58,785-$58,785
Other Assets Org$3,100,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chris ParrSecretary/treasurerFT$100,000$104,295$100,000

Board Members and Trustees

NameTitle
Ismael GuerreroPresident, Trustee
Ivan AnayaTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$250,000
Investment Income
$3,716,200
Other Revenue
$0
Change in Net Assets
$3,589,882
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$268,608
Salaries, Compensation, and Employee Benefits$107,710
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$146,788--$146,788
Current Officers, Directors, Trustees, and Key Employees$80,000$20,000-$100,000
Depreciation Depletion$47,066--$47,066
Insurance$24,806$6,201-$31,007
Fees for Services Accounting-$18,004-$18,004
Payroll Taxes$6,168$1,542-$7,710
Fees for Services Legal$6,496--$6,496
Information Technology$4,775$1,193-$5,968
Occupancy$1,014$254-$1,268
Office Expenses$572$143-$715
Other Expenses$116$30-$146
Fees for Services Other$17$4-$21
Total Functional Expenses$328,497$47,821$0$376,318
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
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 prepared by certified public accountants and is reviewed by legal counsel and the director. The organization then provides a complete copy of the form 990 to the governing body before filing the form.

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

Board members are required to disclose any potential conflicts of interest with an annual disclosure form. If the board determines that a conflict of interest exists, it will decide whether the conflicting transaction is in the best interests of the organization. Board members with conflicts are required to recuse themselves from discussions and votes related to the conflict of interest.

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

The board determined reasonable compensation for the director through a review process of comparable positions and determined that the compensation structure was reasonable, if not below, the market rate for a similar position.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Sun Valley Ecodistrict Trust
EIN
81-3256448
Phone
3038929400
Address
2617 W HOLDEN PLACE, DENVER, CO 80204

Signing Officer

Name
Ismael Guerrero
Title
President
Phone
3038929400
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ismael Guerrero
Formed
2016
Legal Domicile
Co
Voting Board Members
2
Independent Board Members
2
Employees
1
Volunteers
0

Preparer

Firm
Rubinbrown Llp
Address
1900 16TH STREET SUITE 300, DENVER, CO 80202
Preparer
Kimberly a Ryan
Phone
3036981883
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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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IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0100000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRIS PARR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY/TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0100000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0FOR 2020, CHRIS PARR WAS ALSO PAID BY DENVER HOUSING AUTHORITY, AN QUASI-MUNICIPAL CORPORATION, FOR HIS DIRECTOR POSITION AT SUN VALLEY ECODISTRICT TRUST IN THE AMOUNT OF $104,295.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART II
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY CERTIFIED PUBLIC ACCOUNTANTS AND IS REVIEWED BY LEGAL COUNSEL AND THE DIRECTOR. THE ORGANIZATION THEN PROVIDES A COMPLETE COPY OF THE FORM 990 TO THE GOVERNING BODY BEFORE FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST WITH AN ANNUAL DISCLOSURE FORM. IF THE BOARD DETERMINES THAT A CONFLICT OF INTEREST EXISTS, IT WILL DECIDE WHETHER THE CONFLICTING TRANSACTION IS IN THE BEST INTERESTS OF THE ORGANIZATION. BOARD MEMBERS WITH CONFLICTS ARE REQUIRED TO RECUSE THEMSELVES FROM DISCUSSIONS AND VOTES RELATED TO THE CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD DETERMINED REASONABLE COMPENSATION FOR THE DIRECTOR THROUGH A REVIEW PROCESS OF COMPARABLE POSITIONS AND DETERMINED THAT THE COMPENSATION STRUCTURE WAS REASONABLE, IF NOT BELOW, THE MARKET RATE FOR A SIMILAR POSITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0SUN VALLEY ECODISTRICT TRUST
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0SV 2506 HOLDINGS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0854347053
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt03400706
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt02617 W HOLDEN PLACE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0DENVER
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd080204
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03989745
IRS990/TotalAssetsEOYAmt06511270
IRS990/TotalAssetsGrp/BOYAmt03989745
IRS990/TotalAssetsGrp/EOYAmt06511270
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047821
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0328497
IRS990/TotalFunctionalExpensesGrp/TotalAmt0376318
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03138370
IRS990/TotalLiabilitiesEOYAmt02070013
IRS990/TotalLiabilitiesGrp/BOYAmt03138370
IRS990/TotalLiabilitiesGrp/EOYAmt02070013
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0851375
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04441257
IRS990/TotalOtherCompensationAmt0104295
IRS990/TotalProgramServiceExpensesAmt0328497
IRS990/TotalProgramServiceRevenueAmt0250000
IRS990/TotalReportableCompFromOrgAmt0100000
IRS990/TotalRevenueGrp/ExclusionAmt03716200
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0250000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03966200
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03989745
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06511270
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02617 W HOLDEN PLACE
IRS990/USAddress/CityNm0DENVER
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080204
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.SVED.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ISMAEL GUERRERO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03038929400
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUN VALLEY ECODISTRICT TRUST
ReturnHeader/Filer/BusinessNameControlTxt0SUNV
ReturnHeader/Filer/EIN0813256448
ReturnHeader/Filer/PhoneNum03038929400
ReturnHeader/Filer/USAddress/AddressLine1Txt02617 W HOLDEN PLACE
ReturnHeader/Filer/USAddress/CityNm0DENVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080204
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0430765316
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUBINBROWN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01900 16TH STREET SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080202
ReturnHeader/PreparerPersonGrp/PhoneNum03036981883
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLY A RYAN
ReturnHeader/ReturnTs02021-11-15T09:45:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ISMAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GUERRERO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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