Civic Intelligence

Rocky Mountain Coal Mining Institute

990 • Fiscal year 2020 • EIN 84-0516949

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

3900 S Wadsworth Blvd 365Littleton, CO 80235

(303) 948-3300

Siviq Scores

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

Liabilities / Assets

44th percentile

0.02x

Higher debt load relative to assets than 44% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

46th percentile

0.04x

Higher debt load relative to revenue than 46% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

26th percentile

-7.2%

Higher net margin than 26% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

90th percentile

$113,774

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 28.3% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

25th percentile

-2.8%

Faster asset growth than 25% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

27th percentile

-20%

Faster revenue growth than 27% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$681,190

Down $19,372 (-2.8%) from 2019

Net Assets

Down

$665,007

Down $26,502 (-3.8%) from 2019

Liabilities

Up

$16,183

Up $7,130 (+79%) from 2019

Revenue

Down

$401,750

Down $101,778 (-20%) from 2019

Expenses

Down

$430,804

Down $161,914 (-27%) from 2019

Net Income

Up

-$29,054

Up $60,136 (+67%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,092,840Liabilities 2010: $50,030Net Assets 2010: $1,042,8102010Assets 2011: $1,069,816Liabilities 2011: $11,211Net Assets 2011: $1,058,6052011Assets 2012: $1,150,191Liabilities 2012: $17,703Net Assets 2012: $1,132,4882012Assets 2013: $1,192,799Liabilities 2013: $10,986Net Assets 2013: $1,181,8132013Assets 2014: $1,203,060Liabilities 2014: $8,785Net Assets 2014: $1,194,2752014Assets 2015: $971,986Liabilities 2015: $11,536Net Assets 2015: $960,4502015Assets 2016: $773,839Liabilities 2016: $19,564Net Assets 2016: $754,2752016Assets 2017: $782,885Liabilities 2017: $25,053Net Assets 2017: $757,8322017Assets 2018: $738,932Liabilities 2018: $14,356Net Assets 2018: $724,5762018Assets 2019: $700,562Liabilities 2019: $9,053Net Assets 2019: $691,5092019Assets 2020: $681,190Liabilities 2020: $16,183Net Assets 2020: $665,0072020Assets 2021: $660,358Liabilities 2021: $38,594Net Assets 2021: $621,7642021Assets 2022: $591,546Liabilities 2022: $67,475Net Assets 2022: $524,0712022Assets 2023: $622,513Liabilities 2023: $105,806Net Assets 2023: $516,7072023Assets 2024: $692,776Liabilities 2024: $190,474Net Assets 2024: $502,3022024

Highlighted filing

2020

Assets$681,190
Liabilities$16,183
Net Assets$665,007

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $517,4312010Expenses 2011: $550,8212011Revenue 2012: $569,435Expenses 2012: $548,432Net Income 2012: $21,0032012Revenue 2013: $627,962Expenses 2013: $580,813Net Income 2013: $47,1492013Revenue 2014: $675,620Expenses 2014: $665,985Net Income 2014: $9,6352014Revenue 2015: $623,459Expenses 2015: $797,368Net Income 2015: -$173,9092015Revenue 2016: $443,589Expenses 2016: $649,764Net Income 2016: -$206,1752016Revenue 2017: $438,650Expenses 2017: $550,907Net Income 2017: -$112,2572017Revenue 2018: $647,125Expenses 2018: $663,272Net Income 2018: -$16,1472018Revenue 2019: $503,528Expenses 2019: $592,718Net Income 2019: -$89,1902019Revenue 2020: $401,750Expenses 2020: $430,804Net Income 2020: -$29,0542020Revenue 2021: $472,904Expenses 2021: $506,901Net Income 2021: -$33,9972021Revenue 2022: $479,663Expenses 2022: $514,203Net Income 2022: -$34,5402022Revenue 2023: $476,585Expenses 2023: $504,406Net Income 2023: -$27,8212023Revenue 2024: $475,435Expenses 2024: $496,753Net Income 2024: -$21,3182024

Highlighted filing

2020

Revenue$401,750
Expenses$430,804
Net Income-$29,054
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$477,792
Mission and Program Overview

Mission

Rmcmi is a nonprofit corporation dedicated to the promotion of western coal through education. Member states are arizona, colorado, montana, new mexico, north dakota, texas, utah, and wyoming. The institute is proud to claim members from throughout the united states and canada.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$492,561$502,240▲ $9,679
Other Notes and Loans Receivable, Net$160,970$140,296▼ $20,674
Cash and Non-Interest-Bearing Accounts$19,048$7,671▼ $11,377
Total Assets$700,562$681,190▼ $19,372
Other Assets Total$27,983$30,983▲ $3,000
Liabilities
Other Liabilities$8,356$13,684▲ $5,328
Accounts Payable and Accrued Expenses$697$2,499▲ $1,802
Total Liabilities$9,053$16,183▲ $7,130
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$691,509$665,007▼ $26,502
Total Net Assets Fund Balance$691,509$665,007▼ $26,502
Total Liabilities and Net Assets / Fund Balance$700,562$681,190▼ $19,372

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$35,178$35,178
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Judy ColganExecutive DiFT$113,774$113,774
Chelsey VoglewedePayroll-$49,116$49,116

Board Members and Trustees

NameTitle
Greg MagerPresident
Frank PaguraPresident-el
Matthew S PalmerDirector
Scott SturmDirector
John MillerRegional Director
Wendell KoontzRegional Director
Denise DragooAdmin Liaiso
Wendy HutchinsonPast Preside
Tarra GerlachTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$235,591
Program Service Revenue
$131,240
Investment Income
$34,919
Other Revenue
$0
All Other Contributions
$208,616
Change in Net Assets
$-29,054
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$204,563
Other Expenses$200,741
Grants and Similar Amounts Paid$25,500
Total Fundraising Expense$588
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$113,774$49,116-$162,890
Conferences and Meetings$143,334--$143,334
Grants to Domestic Individuals$25,500--$25,500
Other Employee Benefits-$25,058-$25,058
Occupancy$8,747$8,746-$17,493
Payroll Taxes-$13,202-$13,202
Office Expenses$3,598$3,599-$7,197
Insurance$2,116$2,115-$4,231
All Other Expenses$2,302$1,430$89$3,821
Fees for Services Accounting$1,875$1,875-$3,750
Fees for Service Investment Mgmnt Fees$1,864$1,865-$3,729
Pension Plan Contributions-$3,413-$3,413
Information Technology$1,209$1,208-$2,417
Other Expenses$1,818$2,000$499$2,000
Fees for Services Other-$35-$35
Total Functional Expenses$310,685$119,531$588$430,804
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Simple Ira$11,007
941 Payable$2,062
State Withholding Payable$615
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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, Page 6, Part VI, Line 11B

All board members review form 990 annually before filing.

Form 990, Page 6, Part VI, Line 12C

Discussed at each board meeting.

Form 990, Page 6, Part VI, Line 19

Information is available for inspection upon request.

Filing and Contact Details

Filer

Filer Name
Rocky Mountain Coal Mining
EIN
84-0516949
Phone
3039483300
Address
3900 S WADSWORTH BLVD 365, LITTLETON, CO 80235

Signing Officer

Name
Judy Colgan
Title
Executive Director
Phone
3039483300
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judy Colgan
Formed
1987
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
10
Employees
3

Preparer

Firm
CANTOR 2 CPA'S PC
Address
5105 DTC PKWY STE 230, GREENWOOD VILLAGE, CO 80111-2610
Preparer
Bruce Cantor
Phone
3036906009
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Rmcmi is a nonprofit corporation dedicated to the promotion of western coal through education. Member states are arizona, colorado, montana, new mexico, north dakota, texas, utah, and wyoming. The institute is proud to claim members from throughout the united states and canada.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RMCMI IS A NONPROFIT CORPORATION DEDICATED TO THE PROMOTION OF WESTERN COAL THROUGH EDUCATION. MEMBER STATES ARE ARIZONA, COLORADO, MONTANA, NEW MEXICO, NORTH DAKOTA, TEXAS, UTAH, AND WYOMING. THE INSTITUTE IS PROUD TO CLAIM MEMBERS FROM THROUGHOUT THE UNITED STATES AND CANADA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS REVIEW FORM 990 ANNUALLY BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCUSSED AT EACH BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INFORMATION IS AVAILABLE FOR INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990/USAddress/AddressLine1Txt03900 S WADSWORTH BLVD SUITE 365
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.19$0.50$0.48$0.50$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.11$0.52$0.48$0.50$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.07$0.52$0.48$0.51$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.04$0.62$0.47$0.51$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.68$0.02$0.67$0.40$0.43$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.01$0.69$0.50$0.59$0.09
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.01$0.72$0.65$0.66$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.03$0.76$0.44$0.55$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.02$0.75$0.44$0.65$0.21
2015Detailed filing. Detailed filing data is available for this year.$0.97$0.01$0.96$0.62$0.80$0.17
2014Detailed filing. Detailed filing data is available for this year.$1.20$0.01$1.19$0.68$0.67$0.01
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.01$1.18$0.63$0.58$0.05
2012Summary only. Only limited summary data is available for this year.$1.15$0.02$1.13$0.57$0.55$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.01$1.06$0.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.05$1.04$0.52