Civic Intelligence

Cortez Veterans Inc

EIN 84-0420648 • 501(c)19 • Cortez, CO

Profile

Provide assistance to military veterans

320 N Harrison StCortez, CO 81321

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)19 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)19 • <$500k nonprofits • Source year 2024

Net Margin

78th percentile

23%

Higher net margin than 78% of similar nonprofits.

501(c)19 • <$500k nonprofits • Source year 2024

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

501(c)19 • <$500k nonprofits • Source year 2024

Asset Growth

79th percentile

13%

Faster asset growth than 79% of similar nonprofits.

501(c)19 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

82nd percentile

38%

Faster revenue growth than 82% of similar nonprofits.

501(c)19 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$317,648

Up $37,523 (+13%) from 2023

Liabilities

Down

$2,707

Down $3,084 (-53%) from 2023

Net Assets

Up

$314,941

Up $40,607 (+15%) from 2023

Operations
Liabilities / Revenue73rd percentileNet Margin78th percentile

Revenue

Up

$110,640

Up $30,484 (+38%) from 2023

Expenses

Down

$85,451

Down $3,507 (-3.9%) from 2023

Net Income

Up

$25,189

Up $33,991 (+386%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2013: $571,971Liabilities 2013: $4,300Net Assets 2013: $567,6712013Assets 2014: $531,633Liabilities 2014: $4,579Net Assets 2014: $527,0542014Assets 2015: $499,860Liabilities 2015: $3,254Net Assets 2015: $496,6062015Assets 2016: $488,776Liabilities 2016: $3,577Net Assets 2016: $485,1992016Assets 2017: $498,766Liabilities 2017: $4,797Net Assets 2017: $493,9692017Assets 2018: $471,494Liabilities 2018: $5,041Net Assets 2018: $466,4532018Assets 2019: $272,489Liabilities 2019: $5,206Net Assets 2019: $267,2832019Assets 2020: $266,515Liabilities 2020: $5,311Net Assets 2020: $261,2042020Assets 2021: $308,332Liabilities 2021: $5,409Net Assets 2021: $302,9232021Assets 2022: $277,342Liabilities 2022: $5,536Net Assets 2022: $271,8062022Assets 2023: $280,125Liabilities 2023: $5,791Net Assets 2023: $274,3342023Assets 2024: $317,648Liabilities 2024: $2,707Net Assets 2024: $314,9412024

Highlighted filing

2024

Assets$317,648
Liabilities$2,707
Net Assets$314,941
Open 2024 Filing

Operations Trend

Revenue Growth82nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2013: $60,226Expenses 2013: $90,693Net Income 2013: -$30,4672013Revenue 2014: $29,698Expenses 2014: $70,315Net Income 2014: -$40,6172014Revenue 2015: $15,286Expenses 2015: $45,734Net Income 2015: -$30,4482015Revenue 2016: $23,340Expenses 2016: $34,747Net Income 2016: -$11,4072016Revenue 2017: $47,212Expenses 2017: $38,442Net Income 2017: $8,7702017Revenue 2018: $47,210Expenses 2018: $52,515Net Income 2018: -$5,3052018Revenue 2019: $59,981Expenses 2019: $56,340Net Income 2019: $3,6412019Revenue 2020: $61,620Expenses 2020: $67,699Net Income 2020: -$6,0792020Revenue 2021: $114,959Expenses 2021: $73,240Net Income 2021: $41,7192021Revenue 2022: $90,884Expenses 2022: $88,389Net Income 2022: $2,4952022Revenue 2023: $80,156Expenses 2023: $88,958Net Income 2023: -$8,8022023Revenue 2024: $110,640Expenses 2024: $85,451Net Income 2024: $25,1892024

Highlighted filing

2024

Revenue$110,640
Expenses$85,451
Net Income$25,189
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$317,648
Liabilities
$2,707
Net assets
$314,941
Revenue
$110,640
Expenses
$85,451
Net income
$25,189
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.18$0.03$3.15$1.11$0.85$0.25
2023Detailed filing. Detailed filing data is available for this year.$2.80$0.06$2.74$0.80$0.89$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.77$0.06$2.72$0.91$0.88$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.08$0.05$3.03$1.15$0.73$0.42
2020Detailed filing. Detailed filing data is available for this year.$2.67$0.05$2.61$0.62$0.68$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.72$0.05$2.67$0.60$0.56$0.04
2018Summary only. Only limited summary data is available for this year.$4.71$0.05$4.66$0.47$0.53$0.05
2017Detailed filing. Detailed filing data is available for this year.$4.99$0.05$4.94$0.47$0.38$0.09
2016Detailed filing. Detailed filing data is available for this year.$4.89$0.04$4.85$0.23$0.35$0.11
2015Detailed filing. Detailed filing data is available for this year.$5.00$0.03$4.97$0.15$0.46$0.30
2014Detailed filing. Detailed filing data is available for this year.$5.32$0.05$5.27$0.30$0.70$0.41
2013Detailed filing. Detailed filing data is available for this year.$5.72$0.04$5.68$0.60$0.91$0.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 14, 2025
Return Version
2024v5.2
Gross Receipts
$177,153
Mission and Program Overview

Mission

Assistance to military veterans

Provide assistance to military veterans

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION MAINTAINS FACILITIES FOR VETERAN ACTIVITIES AND SUPPORT. FIVE MAJOR EVENTS WERE HELD DRUING 2024 INCLUDING MEMORIAL DAY AND VETERANS DAY BREAKFAST.-$0
DURING 2024 THE ORGANIZATION PROVIDED ASSISTANCE AND SUPPORT TO VETERANS IN NEED. SUPPORT INCLUDED FOOD, LODGING, AND THE USE OF THE FACILITIES FOR FIVE SEPERATE VETERAN FUNERALS.-$0
THE FACILITIES WERE ALSO USED BY THE LOCAL CIVIL AIR PATROL AND THE AMERICAN LEGION FOR MONTHLY MEETINGS AND EVENTS.-$0
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKE COLENPresidentPT$0--
MARVIN HERMANNSVice PresidentPT$0--
SCOTT MAGNESSTreasurerPT$0--
JIM SHRYSecretaryPT$0--
RON TERRYFormer TrusteePT$0--
LORI HIGGINSBookkeeperPT$0--
Filing and Contact Details

Filer

Filer Name
Cortez Veterans Inc
EIN
84-0420648
In Care Of
% SCOTT MAGNESS
Phone
9705658151
Address
320 N HARRISON ST, CORTEZ, CO 81321

Signing Officer

Name
Scott Magness
Title
Treasurer
Phone
9705707859
Signed
2025-07-14
Discuss with paid preparer
Yes

Preparer

Firm
Kyle Bland CPA PC
Address
325 West Montezuma Ave, Cortez, CO 81321
Preparer
Jonathan Kyle Bland CPA
Phone
9705657074
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountDepreciation from 4562 2,154ADVERTISING 1,836INSURANCE 1,659LICENSES 1,733OFFICE SUPPLIES 1,071OTHER FEES 174PAYROLL TAXES 4,393”

Other changes in net assets or fund balances Part I line 20

“Description AmountUNREALIZED GAIN ON INVESTMENTS 15,418”

Description of other assets Part II line 24

“Category Beginning of Year End of YearEDWARD JONES INVESTMENTS 117,683 141,466INVENTORY 3,000 4,895”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearACCOUNTS PAYABLE 3,990 0PAYROLL LIABILITIES 1,801 2,707”

Raw XML Appendix140 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0LORI HIGGINS
IRS990EZ/BooksInCareOfDetail/PhoneNum09705658151
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0320 N HARRISON ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CORTEZ
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08064
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010463
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IRS990EZ/CostOfGoodsSoldAmt066513
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IRS990EZ/ExcessOrDeficitForYearAmt025189
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06260
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/Form990TotalAssetsGrp/BOYAmt0280125
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt089564
IRS990EZ/GrossReceiptsAmt0177153
IRS990EZ/GrossSalesOfInventoryAmt0156077
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/InvestmentIncomeAmt08365
IRS990EZ/LandAndBuildingsGrp/BOYAmt0151378
IRS990EZ/LandAndBuildingsGrp/EOYAmt0160824
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0274334
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0314941
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0274334
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0314941
IRS990EZ/OccupancyRentUtltsAndMaintAmt017803
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt215.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt510.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MIKE COLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARVIN HERMANNS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SCOTT MAGNESS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JIM SHRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RON TERRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5LORI HIGGINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4FORMER TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOOKKEEPER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0120683
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0146361
IRS990EZ/OtherChangesInNetAssetsAmt015418
IRS990EZ/OtherExpensesTotalAmt013020
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE ASSISTANCE TO MILITARY VETERANS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION MAINTAINS FACILITIES FOR VETERAN ACTIVITIES AND SUPPORT. FIVE MAJOR EVENTS WERE HELD DRUING 2024 INCLUDING MEMORIAL DAY AND VETERANS DAY BREAKFAST.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1DURING 2024 THE ORGANIZATION PROVIDED ASSISTANCE AND SUPPORT TO VETERANS IN NEED. SUPPORT INCLUDED FOOD, LODGING, AND THE USE OF THE FACILITIES FOR FIVE SEPERATE VETERAN FUNERALS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE FACILITIES WERE ALSO USED BY THE LOCAL CIVIL AIR PATROL AND THE AMERICAN LEGION FOR MONTHLY MEETINGS AND EVENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt048368
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsNetIncomeLossAmt012711
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CO
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt05791
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02707
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt085451
IRS990EZ/TotalRevenueAmt0110640
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 2,154ADVERTISING 1,836INSURANCE 1,659LICENSES 1,733OFFICE SUPPLIES 1,071OTHER FEES 174PAYROLL TAXES 4,393
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountUNREALIZED GAIN ON INVESTMENTS 15,418
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearEDWARD JONES INVESTMENTS 117,683 141,466INVENTORY 3,000 4,895
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearACCOUNTS PAYABLE 3,990 0PAYROLL LIABILITIES 1,801 2,707
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT MAGNESS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09705707859
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CORTEZ VETERANS INC
ReturnHeader/Filer/BusinessNameControlTxt0CORT
ReturnHeader/Filer/EIN0840420648
ReturnHeader/Filer/InCareOfNm0% SCOTT MAGNESS
ReturnHeader/Filer/PhoneNum09705658151
ReturnHeader/Filer/USAddress/AddressLine1Txt0320 N HARRISON ST
ReturnHeader/Filer/USAddress/CityNm0CORTEZ
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd081321
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0843943072
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kyle Bland CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0325 West Montezuma Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Cortez
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd081321
ReturnHeader/PreparerPersonGrp/PhoneNum09705657074
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN KYLE BLAND CPA
ReturnHeader/ReturnTs02025-08-21T07:13:38-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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