Civic Intelligence

Grand County Higher Education

990EZ • Fiscal year 2018 • EIN 82-2590679

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 15, 2019

PO Box 1951Granby, CO 80446

(970) 531-1307

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

90th percentile

44%

Higher net margin than 90% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

86th percentile

$27,250

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

97th percentile

316%

Faster asset growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

99th percentile

596%

Faster revenue growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$95,531

Up $72,583 (+316%) from 2017

Net Assets

Up

$95,531

Up $72,583 (+316%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$163,550

Up $140,050 (+596%) from 2017

Expenses

Up

$90,967

Up $90,415 (+16380%) from 2017

Net Income

Up

$72,583

Up $49,635 (+216%) from 2017

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2017: $22,948Liabilities 2017: $0Net Assets 2017: $22,9482017Assets 2018: $95,531Liabilities 2018: $0Net Assets 2018: $95,5312018Assets 2019: $157,495Liabilities 2019: $02019Assets 2020: $160,558Liabilities 2020: $18,749Net Assets 2020: $141,8092020Assets 2021: $155,307Liabilities 2021: $0Net Assets 2021: $155,3072021Assets 2022: $140,484Net Assets 2022: $140,4842022Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2018

Assets$95,531
Liabilities$0
Net Assets$95,531

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2017: $23,500Expenses 2017: $552Net Income 2017: $22,9482017Revenue 2018: $163,550Expenses 2018: $90,967Net Income 2018: $72,5832018Revenue 2019: $179,977Expenses 2019: $118,013Net Income 2019: $61,9642019Revenue 2020: $121,386Expenses 2020: $139,589Net Income 2020: -$18,2032020Revenue 2021: $154,647Expenses 2021: $141,000Net Income 2021: $13,6472021Revenue 2022: $147,168Expenses 2022: $161,432Net Income 2022: -$14,2642022Revenue 2023: $34,587Expenses 2023: $175,377Net Income 2023: -$140,7902023

Highlighted filing

2018

Revenue$163,550
Expenses$90,967
Net Income$72,583
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 15, 2019
Return Version
2018v3.1
Gross Receipts
$163,550
Mission and Program Overview

Mission

Through gche there will be a central service for the residents and businesses in the county to be kept abreast of opportunities to continue their education. In addition, gche will develop a network of local instructors and identified industry presenters who will be certified and credentialed to teach the courses identified. Not only will this bring a greater level of community buy in and keep costs lower, but it will also build intellectual capital in the county. This endeavor is not only a commitment to local economic development but also economic sustainability.

Program Services

DescriptionGrantsExpenses
WE HAVE ALIGNED WITH COUNTY, REGIONAL AND STATE WORKFORCE DATA, AS WELL AS WITH GRAND COUNTY BUSINESS, WORKFORCE AND RESIDENTS IN NEEDS ASSESSMENT DATA. WE HAVE IMPLIMENTED BUSINESS ADVISORY GROUPS IN HOSPITALITY-TOURISM, CONSTRUCTION-TRADES AND COLLEGE-CAREER READINESS. THE ADVISORY GROUP WILL PROVIDE CURRENT INDUSTRY SECTOR AREAS OF FOCUS, DESIGN/VET CURRICULUM DESIGN, ASSIST IN INDUSTRY SECTOR OUTREACH AND MONITOR IMPACT OF DELIVERABLES. THEY WILL ALSO ASSIST WITH THE IDENTIFICATION AND CREDENTIALING OF GRAND COUNTY TRAINERS AND ADJUNCT PROFESSORS THAT WILL DELIVER THE PROGRAMS.-$60,023
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DARCEE H KISSLERExecutive DiPT$27,250-$27,250
BEN WATSONPresident-$0--
FRANK REEVESDirector-$0--
DARRIN PEPPARDDirector-$0--
TRAVIS HOESLIDirector-$0--
TOM SIFERSDirector-$0--
KENT HUGHESDirector-$0--
STEVE JENSENDirector-$0--
KELLEY GLANCEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Grand County Higher Education
EIN
82-2590679
Phone
9705311307
Address
PO BOX 1951, GRANBY, CO 80446

Signing Officer

Name
Darcee H Kissler
Title
Executive Director
Phone
9705311307
Signed
2019-08-15
Discuss with paid preparer
Yes

Preparer

Firm
DAY & ASSOCIATES PC CPA'S
Address
PO BOX 612, FRASER, CO 80442
Preparer
Timothy L Day CPA
Phone
9707269709
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 1,094 1,252 1,713 total 4,059

Form 990-ez, Part III

Through gche there will be a central service for the residents and businesses in the county to be kept abreast of opportunities to continue their education. In addition, gche will develop a network of local instructors and identified industry presenters who will be certified and credentialed to teach the courses identified. Not only will this bring a greater level of community buy in and keep costs lower, but it will also build intellectual capital in the county. This endeavor is not only a commitment to local economic development but also economic sustainability.

Form 990-ez, Part III, Line 28

We have aligned with county, regional and state workforce data, as well as with grand county business, workforce and residents in needs assessment data. We have implimented business advisory groups in hospitality-tourism, construction-trades and college-career readiness. The advisory group will provide current industry sector areas of focus, design/vet curriculum design, assist in industry sector outreach and monitor impact of deliverables. They will also assist with the identification and credentialing of grand county trainers and adjunct professors that will deliver the programs.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 1,094 1,252 1,713 TOTAL 4,059
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THROUGH GCHE THERE WILL BE A CENTRAL SERVICE FOR THE RESIDENTS AND BUSINESSES IN THE COUNTY TO BE KEPT ABREAST OF OPPORTUNITIES TO CONTINUE THEIR EDUCATION. IN ADDITION, GCHE WILL DEVELOP A NETWORK OF LOCAL INSTRUCTORS AND IDENTIFIED INDUSTRY PRESENTERS WHO WILL BE CERTIFIED AND CREDENTIALED TO TEACH THE COURSES IDENTIFIED. NOT ONLY WILL THIS BRING A GREATER LEVEL OF COMMUNITY BUY IN AND KEEP COSTS LOWER, BUT IT WILL ALSO BUILD INTELLECTUAL CAPITAL IN THE COUNTY. THIS ENDEAVOR IS NOT ONLY A COMMITMENT TO LOCAL ECONOMIC DEVELOPMENT BUT ALSO ECONOMIC SUSTAINABILITY.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
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Filings