Civic Intelligence

Weldwerks Community Foundation

990 • Fiscal year 2022 • EIN 82-4976036

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 07, 2023

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

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

74th percentile

24%

Higher net margin than 74% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

90th percentile

90%

Faster asset growth than 90% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

97th percentile

637%

Faster revenue growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$61,837

Up $29,332 (+90%) from 2021

Net Assets

Up

$61,837

Up $29,332 (+90%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$124,069

Up $107,242 (+637%) from 2021

Expenses

Up

$94,737

Up $86,435 (+1041%) from 2021

Net Income

Up

$29,332

Up $20,807 (+244%) from 2021

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

2022

Assets$61,837
Liabilities$0
Net Assets$61,837

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

2022

Revenue$124,069
Expenses$94,737
Net Income$29,332
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$239,570
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$32,505$61,837▲ $29,332
Total Assets$32,505$61,837▲ $29,332
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$32,505$61,837▲ $29,332
Total Net Assets Fund Balance$32,505$61,837▲ $29,332
Total Liabilities and Net Assets / Fund Balance$32,505$61,837▲ $29,332
Compensation and Service Providers

Board Members and Trustees

NameTitle
Phil GrizzlePresident
Kristin PopcheffVice President
Lyle Smith-graybealVice President
Neil FisherVice President
Roy Van AndaSecretary
Adam KlettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$220,511
Program Service Revenue
$0
Investment Income
$8
Other Revenue
$-96,450
All Other Contributions
$103,007
Change in Net Assets
$29,332
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$79,809
Other Expenses$14,928
Total Fundraising Expense$240
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$79,809--$79,809
Fees for Services Other$8,753$365$240$9,358
Insurance$2,234$93-$2,327
Fees for Services Accounting-$1,915-$1,915
Fees for Services Legal$794$33-$827
Office Expenses$195$9-$204
Other Expenses$144$6-$150
Conferences and Meetings$141$6-$147
Total Functional Expenses$92,070$2,427$240$94,737
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Unc FoundationGreeley, CO-University of Northern Colorado Foundation Is Entrusted to Provide Support and Steward Donations for the University of Northern Colorado. While Partnering With University Advancement, the Foundation Provides Administration, Investment, Andaccounting for Unc Philanthropic Donations.$24,000
Greeley Area Habitat for HumanityGreeley, CO-SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD, HOMES, COMMUNITIES AND HOPE.$20,000
Somebunny CaresFort Collins, CO-Support and Products to Individuals With Breast Cancer$10,000
Immigrant & Refugee Center of Northern ColoradoEvans, CO-Empowering Refugees and Immigrants, Connecting Communities, and Advocating for Successful Integration.$5,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$115,501
Fundraising Gross Income$19,051
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Weldwerks Invitational$136,555$19,051$97,258$-78,207
Total Events$136,555$19,051$115,501$-96,450
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
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
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

The board of directors is given the opportunity to review the 990 prior to filing.

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

Conflicts are reviewed at each board meeting. If a conflict arises, the person with the conflict is not allowed to vote on the transaction.

Form 990, Part VI, Section C, Line 19

The organization makes is financial statement available on its website. The conflict of interest policy and governing documents are available upon request.

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
Phil Grizzle
Title
President
Phone
9704606345
Signed
2023-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phil Grizzle
Formed
2018
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Moss Adams Llp
Address
6565 AMERICAS PARKWAY NE STE 600, ALBUQUERQUE, NM 87110
Preparer
Pamela Alexanderson
Phone
5058787200
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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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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT AND PRODUCTS TO INDIVIDUALS WITH BREAST CANCER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1UNIVERSITY OF NORTHERN COLORADO FOUNDATION IS ENTRUSTED TO PROVIDE SUPPORT AND STEWARD DONATIONS FOR THE UNIVERSITY OF NORTHERN COLORADO. WHILE PARTNERING WITH UNIVERSITY ADVANCEMENT, THE FOUNDATION PROVIDES ADMINISTRATION, INVESTMENT, ANDACCOUNTING FOR UNC PHILANTHROPIC DONATIONS.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD, HOMES, COMMUNITIES AND HOPE.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3EMPOWERING REFUGEES AND IMMIGRANTS, CONNECTING COMMUNITIES, AND ADVOCATING FOR SUCCESSFUL INTEGRATION.
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1UNC FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2GREELEY AREA HABITAT FOR HUMANITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3IMMIGRANT & REFUGEE CENTER OF NORTHERN COLORADO
IRS990ScheduleI/RecipientTable/RecipientEIN0871480417
IRS990ScheduleI/RecipientTable/RecipientEIN1846044833
IRS990ScheduleI/RecipientTable/RecipientEIN2841091487
IRS990ScheduleI/RecipientTable/RecipientEIN3840857486
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt08103 BRUNS DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11620 RESERVOIR RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2104 N 16TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt33001 8TH AVE SUITE 170
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FORT COLLINS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1GREELEY
IRS990ScheduleI/RecipientTable/USAddress/CityNm2GREELEY
IRS990ScheduleI/RecipientTable/USAddress/CityNm3EVANS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3CO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd080525
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd180631
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd280631
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd380620
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS APPROVE PROPOSALS TO DISBURSE FUNDS BASED ON THE MISSION TO PROVIDE MANPOWER AND FUNDING TO NORTHERN COLORADO CHARITIES. OUR BOARD SECRETARY ALSO SERVES IN A CAPACITY TO MONITOR THEIR PROGRESS ON SPECIFIC GOALS UTILIZING FUNDING. THE SECRETARY PROVIDES PERIODIC REPORTS TO THE BOARD DURING REGULARLY SCHEDULED BOARD MEETINGS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt04
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS IS GIVEN THE OPPORTUNITY TO REVIEW THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICTS ARE REVIEWED AT EACH BOARD MEETING. IF A CONFLICT ARISES, THE PERSON WITH THE CONFLICT IS NOT ALLOWED TO VOTE ON THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES IS FINANCIAL STATEMENT AVAILABLE ON ITS WEBSITE. THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE 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 C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt032505
IRS990/TotalAssetsEOYAmt061837
IRS990/TotalAssetsGrp/BOYAmt032505
IRS990/TotalAssetsGrp/EOYAmt061837
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0220511
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0240
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02427
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt092070
IRS990/TotalFunctionalExpensesGrp/TotalAmt094737
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt032505
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt061837
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt092070
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-96442
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0124069
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt032505
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt061837
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0508 8TH AVENUE
IRS990/USAddress/CityNm0GREELEY
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080631
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.WELDCOMMUNITYFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PHIL GRIZZLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09704606345
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-07
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/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0910189318
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOSS ADAMS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06565 AMERICAS PARKWAY NE STE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBUQUERQUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd087110
ReturnHeader/PreparerPersonGrp/PhoneNum05058787200
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAMELA ALEXANDERSON
ReturnHeader/ReturnTs02023-11-09T13:41:14-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PHIL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GRIZZLE
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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