Civic Intelligence

Weldwerks Community Foundation

990EZ • Fiscal year 2020 • EIN 82-4976036

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 22, 2021

508 8th AvenueGreeley, CO 80631

(970) 460-6345

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

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

Liabilities / Revenue

55th percentile

0.00x

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

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

Net Margin

4th percentile

-242%

Higher net margin than 4% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

6th percentile

-62%

Faster asset growth than 6% of similar nonprofits.

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

Revenue Growth

11th percentile

-73%

Faster revenue growth than 11% of similar nonprofits.

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

Assets

Down

$23,980

Down $39,469 (-62%) from 2019

Net Assets

Down

$23,980

Down $39,469 (-62%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$16,335

Down $44,287 (-73%) from 2019

Expenses

Up

$55,804

Up $13,414 (+32%) from 2019

Net Income

Down

-$39,469

Down $57,701 (-316%) from 2019

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2018: $45,217Liabilities 2018: $0Net Assets 2018: $45,2172018Assets 2019: $63,449Liabilities 2019: $0Net Assets 2019: $63,4492019Assets 2020: $23,980Liabilities 2020: $0Net Assets 2020: $23,9802020Assets 2021: $32,505Liabilities 2021: $0Net Assets 2021: $32,5052021Assets 2022: $61,837Liabilities 2022: $0Net Assets 2022: $61,8372022Assets 2023: $89,247Liabilities 2023: $0Net Assets 2023: $89,2472023Assets 2024: $75,046Net Assets 2024: $75,0462024

Highlighted filing

2020

Assets$23,980
Liabilities$0
Net Assets$23,980

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2018: $45,817Expenses 2018: $600Net Income 2018: $45,2172018Revenue 2019: $60,622Expenses 2019: $42,390Net Income 2019: $18,2322019Revenue 2020: $16,335Expenses 2020: $55,804Net Income 2020: -$39,4692020Revenue 2021: $16,827Expenses 2021: $8,302Net Income 2021: $8,5252021Revenue 2022: $124,069Expenses 2022: $94,737Net Income 2022: $29,3322022Revenue 2023: $47,781Expenses 2023: $21,324Net Income 2023: $26,4572023Revenue 2024: $1,800Expenses 2024: $16,001Net Income 2024: -$14,2012024

Highlighted filing

2020

Revenue$16,335
Expenses$55,804
Net Income-$39,469
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 22, 2021
Return Version
2020v4.1
Gross Receipts
$16,335
Mission and Program Overview

Mission

Weldwerks community foundation provides manpower and funding to charitable organizations within northern colorado to improve our local communities. Manpower and funding is not targeted toward any specific demographic or need and instead relies on the viability of the receiving charity to fulfill their pledged duties.

Program Services

DescriptionGrantsExpenses
WELDWERKS INVITATIONAL FESTIVAL - INVITED 40 OF THE BEST BREWERIES IN THE COUNTRY TO COME EXPERIENCE THE GREELEY COMMUNITY AND POUR THEIR BEER FOR A SOLD OUT CROWD OF 1,300 PATRONS. THE SOLE PURPOSE OF THE FESTIVAL IS TO RAISE FUNDS FOR THE WELDWERKS COMMUNITY FOUNDATIONS MISSION.$45,000$28,487
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ARNE GARLICKVice President-$0--
NEIL FISHERVice President-$0--
KRISTIN POPCHEFFPresident-$0--
JAKE WIECZOREKVice President-$0--
Filing and Contact Details

Filer

Filer Name
Weldwerks Community Foundation
EIN
82-4976036
Phone
9704606345
Address
508 8TH AVENUE, GREELEY, CO 80631

Signing Officer

Name
Kristin Popcheff
Title
President
Phone
9704606345
Signed
2021-07-22
Discuss with paid preparer
Yes

Preparer

Firm
Cohnreznick Llp
Address
21600 OXNARD STREET SUITE 700, WOODLAND HILLS, CA 91367
Preparer
Justin Wenzelman
Phone
8182052600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: a woman's place. Grantee address: p.o. Box 71 greeley, co 80632. Amount given: 2,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: immigration & refugee center noco. Grantee address: 3001 8th ave, suite 170 greeley, co 80631. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: weld food bank. Grantee address: 1108 h street greeley, co 80631. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: envision. Grantee address: 417 s lowell blvd denver, co 80219. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: united way of weld county. Grantee address: 804 9th street greeley, co 80631. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: lifestories. Grantee address: 1640 25th avenue greeley, co 80634. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: brigit's bounty. Grantee address: 110 johnson street frederick, co 80530. Amount given: 2,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: greeley dream team. Grantee address: 1025 9th street greeley, co 80631. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: greeley-evans district 6. Grantee address: 1025 ninth avenue greeley, co 80631. Amount given: 2,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: noco youth for christ. Grantee address: 134th avenue greeley, co 80631. Amount given: 2,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: partners mentoring youth. Grantee address: 710 11th avenue greeley, co 80631. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: northern colorado veterans. Grantee address: 1919 65th avenue greeley, co 80634. Amount given: 2,000. Total included on form 990-ez, line 10: 45,000.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: meals. Amount: 558. Description: supplies. Amount: 823. Description: merchant fees. Amount: 971. Description: postage and delivery fees. Amount: 56. Description: other expenses. Amount: 1,065. Total to form 990-ez, line 16: 3,473.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 1,500. End of year amount: 0.

Raw XML Appendix181 raw XML fields

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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IRS990EZ/PrimaryExemptPurposeTxt0WELDWERKS COMMUNITY FOUNDATION PROVIDES MANPOWER AND FUNDING TO CHARITABLE ORGANIZATIONS WITHIN NORTHERN COLORADO TO IMPROVE OUR LOCAL COMMUNITIES. MANPOWER AND FUNDING IS NOT TARGETED TOWARD ANY SPECIFIC DEMOGRAPHIC OR NEED AND INSTEAD RELIES ON THE VIABILITY OF THE RECEIVING CHARITY TO FULFILL THEIR PLEDGED DUTIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: . GRANTEE NAME: A WOMAN'S PLACE. GRANTEE ADDRESS: P.O. BOX 71 GREELEY, CO 80632. AMOUNT GIVEN: 2,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: . GRANTEE NAME: IMMIGRATION & REFUGEE CENTER NOCO. GRANTEE ADDRESS: 3001 8TH AVE, SUITE 170 GREELEY, CO 80631. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: . GRANTEE NAME: WELD FOOD BANK. GRANTEE ADDRESS: 1108 H STREET GREELEY, CO 80631. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: . GRANTEE NAME: ENVISION. GRANTEE ADDRESS: 417 S LOWELL BLVD DENVER, CO 80219. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACTIVITY CLASSIFICATION: . GRANTEE NAME: UNITED WAY OF WELD COUNTY. GRANTEE ADDRESS: 804 9TH STREET GREELEY, CO 80631. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACTIVITY CLASSIFICATION: . GRANTEE NAME: LIFESTORIES. GRANTEE ADDRESS: 1640 25TH AVENUE GREELEY, CO 80634. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACTIVITY CLASSIFICATION: . GRANTEE NAME: BRIGIT'S BOUNTY. GRANTEE ADDRESS: 110 JOHNSON STREET FREDERICK, CO 80530. AMOUNT GIVEN: 2,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACTIVITY CLASSIFICATION: . GRANTEE NAME: GREELEY DREAM TEAM. GRANTEE ADDRESS: 1025 9TH STREET GREELEY, CO 80631. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACTIVITY CLASSIFICATION: . GRANTEE NAME: GREELEY-EVANS DISTRICT 6. GRANTEE ADDRESS: 1025 NINTH AVENUE GREELEY, CO 80631. AMOUNT GIVEN: 2,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ACTIVITY CLASSIFICATION: . GRANTEE NAME: NOCO YOUTH FOR CHRIST. GRANTEE ADDRESS: 134TH AVENUE GREELEY, CO 80631. AMOUNT GIVEN: 2,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ACTIVITY CLASSIFICATION: . GRANTEE NAME: PARTNERS MENTORING YOUTH. GRANTEE ADDRESS: 710 11TH AVENUE GREELEY, CO 80631. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ACTIVITY CLASSIFICATION: . GRANTEE NAME: NORTHERN COLORADO VETERANS. GRANTEE ADDRESS: 1919 65TH AVENUE GREELEY, CO 80634. AMOUNT GIVEN: 2,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 45,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12DESCRIPTION: MEALS. AMOUNT: 558. DESCRIPTION: SUPPLIES. AMOUNT: 823. DESCRIPTION: MERCHANT FEES. AMOUNT: 971. DESCRIPTION: POSTAGE AND DELIVERY FEES. AMOUNT: 56. DESCRIPTION: OTHER EXPENSES. AMOUNT: 1,065. TOTAL TO FORM 990-EZ, LINE 16: 3,473.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 1,500. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTIN POPCHEFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09704606345
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WELDWERKS COMMUNITY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WELD
ReturnHeader/Filer/EIN0824976036
ReturnHeader/Filer/PhoneNum09704606345
ReturnHeader/Filer/USAddress/AddressLine1Txt0508 8TH AVENUE
ReturnHeader/Filer/USAddress/CityNm0GREELEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080631
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0221478099
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COHNREZNICK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021600 OXNARD STREET SUITE 700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOODLAND HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091367
ReturnHeader/PreparerPersonGrp/PhoneNum08182052600
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUSTIN WENZELMAN
ReturnHeader/ReturnTs02021-07-23T17:37:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KRISTIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0POPCHEFF
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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