Civic Intelligence

Aspen Community Foundation

990 • Fiscal year 2015 • EIN 84-0829226

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 12, 2016

110 East Hallam Street No 126Aspen, CO 81611

(970) 925-9300

Siviq Scores

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

Liabilities / Assets

34th percentile

0.13x

Higher debt load relative to assets than 34% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

63rd percentile

0.52x

Higher debt load relative to revenue than 63% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

15th percentile

-7.8%

Higher net margin than 15% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

24th percentile

$156,333

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

37th percentile

-0.7%

Faster asset growth than 37% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

77th percentile

17%

Faster revenue growth than 77% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Flat

$38,397,433

Flat from 2015

Net Assets

Flat

$33,351,863

Flat from 2015

Liabilities

Flat

$5,045,570

Flat from 2015

Revenue

Flat

$9,699,677

Flat from 2015

Expenses

Flat

$10,453,257

Flat from 2015

Net Income

Flat

-$753,580

Flat from 2015

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $41,371,109Liabilities 2010: $8,878,580Net Assets 2010: $32,492,5292010Assets 2011: $32,756,804Liabilities 2011: $3,753,883Net Assets 2011: $29,002,9212011Assets 2012: $39,335,155Liabilities 2012: $4,142,751Net Assets 2012: $35,192,4042012Assets 2013: $42,591,421Liabilities 2013: $3,337,174Net Assets 2013: $39,254,2472013Assets 2014: $38,668,888Liabilities 2014: $4,785,264Net Assets 2014: $33,883,6242014Assets 2015: $38,397,433Liabilities 2015: $5,045,570Net Assets 2015: $33,351,8632015Assets 2015: $38,397,433Liabilities 2015: $5,045,570Net Assets 2015: $33,351,8632015Assets 2016: $38,894,060Liabilities 2016: $5,137,091Net Assets 2016: $33,756,9692016Assets 2017: $42,142,170Liabilities 2017: $5,753,179Net Assets 2017: $36,388,9912017Assets 2018: $36,803,112Liabilities 2018: $5,327,036Net Assets 2018: $31,476,0762018Assets 2019: $41,488,760Liabilities 2019: $5,596,610Net Assets 2019: $35,892,1502019Assets 2020: $47,852,932Liabilities 2020: $5,896,015Net Assets 2020: $41,956,9172020Assets 2021: $62,511,754Liabilities 2021: $5,705,889Net Assets 2021: $56,805,8652021Assets 2022: $51,641,752Liabilities 2022: $3,709,635Net Assets 2022: $47,932,1172022Assets 2023: $57,087,469Liabilities 2023: $4,135,573Net Assets 2023: $52,951,8962023Assets 2024: $62,335,898Liabilities 2024: $4,728,355Net Assets 2024: $57,607,5432024

Highlighted filing

2015

Assets$38,397,433
Liabilities$5,045,570
Net Assets$33,351,863

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $4,568,0662010Expenses 2011: $15,390,4432011Expenses 2012: $8,784,3132012Revenue 2013: $12,138,100Expenses 2013: $14,361,140Net Income 2013: -$2,223,0402013Revenue 2014: $8,268,737Expenses 2014: $15,253,025Net Income 2014: -$6,984,2882014Revenue 2015: $9,699,677Expenses 2015: $10,453,257Net Income 2015: -$753,5802015Revenue 2015: $9,699,677Expenses 2015: $10,453,257Net Income 2015: -$753,5802015Revenue 2016: $8,169,948Expenses 2016: $9,256,485Net Income 2016: -$1,086,5372016Revenue 2017: $9,597,695Expenses 2017: $11,805,912Net Income 2017: -$2,208,2172017Revenue 2018: $7,671,491Expenses 2018: $10,683,860Net Income 2018: -$3,012,3692018Revenue 2019: $11,093,732Expenses 2019: $12,137,243Net Income 2019: -$1,043,5112019Revenue 2020: $20,494,719Expenses 2020: $17,680,300Net Income 2020: $2,814,4192020Revenue 2021: $28,301,426Expenses 2021: $18,784,752Net Income 2021: $9,516,6742021Revenue 2022: $13,929,881Expenses 2022: $16,059,162Net Income 2022: -$2,129,2812022Revenue 2023: $17,549,389Expenses 2023: $18,134,990Net Income 2023: -$585,6012023Revenue 2024: $20,874,440Expenses 2024: $22,587,202Net Income 2024: -$1,712,7622024

Highlighted filing

2015

Revenue$9,699,677
Expenses$10,453,257
Net Income-$753,580
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 12, 2016
Return Version
2015v2.1
Gross Receipts
$9,715,015
Mission and Program Overview

Mission

Aspen community foundation builds philanthropy and supports nonprofit organizations by connecting donors to community needs, building permanent charitable funds, and bringing people together to solve community problems.

Aspen community foundation builds philanthropy and supports nonprofit organizations in its service area from aspen to parachute, co.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$20,047,278$20,318,296▲ $271,018
Investments Other Securities$17,567,508$17,472,150▼ $95,358
Savings and Temporary Cash Investments$382,903$264,786▼ $118,117
Cash and Non-Interest-Bearing Accounts$482,660$180,941▼ $301,719
Land, Buildings, and Equipment, Net$89,163$74,709▼ $14,454
Accounts Receivable$89,584$71,096▼ $18,488
Prepaid Expenses and Deferred Charges$9,792$15,455▲ $5,663
Total Assets$38,668,888$38,397,433▼ $271,455
Liabilities
Other Liabilities$2,558,743$2,586,753▲ $28,010
Grants Payable$2,164,864$2,404,924▲ $240,060
Accounts Payable and Accrued Expenses$61,657$53,893▼ $7,764
Total Liabilities$4,785,264$5,045,570▲ $260,306
Net Assets / Fund Balance
Unrestricted Net Assets$33,809,941$33,282,736▼ $527,205
Permanently Rstr Net Assets$50,000$50,000→ $0
Temporarily Rstr Net Assets$23,683$19,127▼ $4,556
Total Net Assets Fund Balance$33,883,624$33,351,863▼ $531,761
Total Liabilities and Net Assets / Fund Balance$38,668,888$38,397,433▼ $271,455

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$63,770$72,802$136,572
Equipment$10,939$118,837$129,776
Other Securities$453,427--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$73,684---$73,684
2014$73,995-▲ $3,427$-737$73,684
2013$66,864-▲ $10,818$-687$73,995
2012$62,311-▲ $8,196$-643$66,864
2011$67,879-▼ $1,913$-655$62,311
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tamara TormohlenExecutive DirectorFT$156,333$156,333
John BennettCradle-to-career DirectorFT$120,000$120,000

Board Members and Trustees

NameTitle
Barbara GoldBoard Chair
Adam LewisBoard Member
Bill TobeyBoard Member
Connie CalawayBoard Member
Gail SchwartzBoard Member
Jeanie HumbleBoard Member
Joan AltmanBoard Member
Killeen BrettmanBoard Member
Kimbo Brown-schiratoBoard Member
Marcie MusserBoard Member
Mary ScanlanBoard Member
Mike MurrayBoard Member
Richard JelinekBoard Member
Sally HansenBoard Member
Soledad HurstBoard Member
Susan CrownBoard Member
Tom Van StraatenBoard Member
Tony CaineBoard Member
Tony DiluciaBoard Member
Allen GrossmanAt-large
Carrie WellsSecretary
Mike KaplanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,517,584
Program Service Revenue
$0
Investment Income
$21,797
Other Revenue
$160,296
All Other Contributions
$9,448,069
Change in Net Assets
$-753,580

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$2,700,000Appraised Value
Total Noncash Contributions1$2,700,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,861,312
Revenue Not Reported on Financial Statements
$1,838,365
Revenue Not Reported on Form 990
$327,487
Other Revenue Adjustments
$1,399,365
Total Revenue per Audited Statements
$8,188,799
Total Revenue per Form 990
$9,699,677
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,420,920
Salaries, Compensation, and Employee Benefits$1,163,321
Other Expenses$869,016
Total Fundraising Expense$168,091
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$8,120,393--$8,120,393
Other Salaries and Wages$899,553$131,884$131,884$1,163,321
Fees for Service Investment Mgmnt Fees$439,000--$439,000
Grants to Domestic Individuals$300,527--$300,527
Occupancy$40,346$6,550$6,550$53,446
Information Technology$34,630$5,846$5,846$46,322
Office Expenses$37,062$4,487$4,487$46,036
Fees for Services Accounting$16,760$3,695$3,695$24,150
Fees for Services Other$18,664$2,673$2,673$24,010
Advertising$15,693$2,085$2,085$19,863
Depreciation Depletion$13,680$3,015$3,015$19,710
All Other Expenses$15,196$2,198$2,198$19,592
Travel$14,617$1,825$1,825$18,267
Other Expenses$8,741$2,331$2,331$8,741
Insurance$6,570$104$104$6,778
Total Functional Expenses$10,117,076$168,090$168,091$10,453,257

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$10,453,257
Total Expenses per Audited Statements$8,720,560
Expenses per Audited Statements$8,641,298
Expenses Not Reported on Financial Statements$1,811,959
Other Expense Adjustments$1,372,959
Expenses Not Reported on Form 990$79,262
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Aspen Valley Hospital FoundationAspen, CO501(c)3To Support Aspen Valley Hospital, Includes 113,300 to Support Needy Cancer Patients and Their Families.$1,423,300
The Manaus FundCarbondale, CO501(c)3To Support the Valley Settlement Project.$536,000
Roaring Fork School District Re-1Glenwood Springs, CO501(c)3To Support Kindergarten Jumpstart, Cult of Literary Program, Mtn Futures Fd, Enrichment Wed Programs.$435,745
Hammer Museum of Art at UclaLos Angeles, CA501(c)3To Support Acquisition of Art for Museum, John V Tunney Bridge and General Support.$299,800
Garfield County School District Re-2Rifle, CO501(c)3To Support Preschool on Wheels Program, Post High School Success, Naviance and Mountain Futures Fund.$242,855
Aspen Valley Skisnowboard Club IncAspen, CO501(c)3To Support General Operating Expenses, Scholarships and Projects.$217,212
Roaring Fork ConservancyBasalt, CO501(c)3To Support Expansion of Jd Sanctuary, Watershed Action and Education as Well as Operating Expenses.$187,450
Aspen Art MuseumAspen, CO501(c)3To Support General Operating Expenses.$159,250
Garfield County School Re-16Parachute, CO501(c)3To Support Post High School Success Project, Community Connectors and Moutain Futures Fund$148,909
Aspen Santa Fe BalletAspen, CO501(c)3To Support General Operating Expenses.$136,650
Aspen Center for Environmental StudiesAspen, CO501(c)3To Support General Operating Expenses.$119,900
Valley View Hospital FoundationGlenwood Springs, CO501(c)3To Support General Operating Expenses.$114,926
Rocky Mountain InstituteBoulder, CO501(c)3To Support New Location in Basalt.$113,600
Hotchkiss SchoolLakeville, CT501(c)3To Support the 50th Reunion Fund$100,000
Whitney Museum of American ArtNew York, NY501(c)3To Support General Operating Expenses.$100,000
Aspen Education FoundationAspen, CO501(c)3To Support General Operating Expenses.$92,500
The Buddy ProgramAspen, CO501(c)3To Support General Operating Expenses and the Lead Program.$86,600
Colorado Animal RescueGlenwood Springs, CO501(c)3To Support General Operating Expenses.$86,420
The Environment FoundationAspen, CO501(c)3To Support Employee Match and 2015 Grants.$81,022
Carbondale Council on Arts & HumanitiesCarbondale, CO501(c)3To Support General Operating Expenses.$81,000
Aspen Country Day SchoolAspen, CO501(c)3To Support the Annual Fund$74,269
Yampah Mountain High School and Teen Parent ProgramGlenwood Springs, CO501(c)3To Support General Operating Expenses, Education and a Post High School Success Counselor.$73,500
Lucky Day Animal Rescue of ColoradoAspen, CO501(c)3To Support General Operating Expenses.$69,000
Access AfterschoolCarbondale, CO501(c)3To Support the Boost Camp From Wildcat Owners and General Operating Expenses.$61,500
Aspen TreeAspen, CO501(c)3To Support General Operating Expenses.$61,250
Planned Parenthood of the Rocky MtsDenver, CO501(c)3To Support General Operating Expenses.$60,750
Alliance for Sustainable ColoradoDenver, CO501(c)3To Support General Operating Expenses.$60,000
YouthzoneGlenwood Springs, CO501(c)3To Support Youth.$58,200
English in ActionBasalt, CO501(c)3To Support General Operating Expenses.$51,950
Aspen Hope CenterBasalt, CO501(c)3To Support General Operating Expenses.$51,250
Family Visitor ProgramGlenwood Springs, CO501(c)3To Support Family Services and General Support$50,500
Third Option FoundationVienna, VA501(c)3To Support General Operating Expenses.$50,000
Children and Nature NetworkMinneapolis, MN501(c)3To Support General Operating Expenses.$45,000
Huts for VetsBasalt, CO501(c)3To Support General Operating Expenses.$45,000
Aspen InstituteAspen, CO501(c)3To Support General Operating Expenses.$43,300
Quahog Bay ConservationHarpswell, ME501(c)3To Support General Operating Expenses.$41,000
Family Resource Center of the RfsdCarbondale, CO501(c)3To Support Emergency Assitance Fund$36,500
Military Religious Freedom FoundationAlbuquerque, NM501(c)3To Support General Operating Expenses.$36,000
Aspen Strong FoundationAspen, CO501(c)3To Support the Changing Brains, Changing Lives Conference.$35,000
Duke Univ Alumni & Development RecordsDurham, NC501(c)3To Assist Financial Funding for Students$35,000
Blue Lake PreschoolCarbondale, CO501(c)3To Support General Operating Expenses and Expansion Programs. to Support the Basketball Program.$32,900
Room to ReadSan Francisco, CA501(c)3To Support General Operating Expenses and Post Earthquake Recovery Efforts in Nepal.$31,000
Life Inter-faith Team on Unempl & PovertyRifle, CO501(c)3To Support Emergency Assistance and General Operating Expenses.$29,350
Aspen Music Festival and SchoolAspen, CO501(c)3To Support the 2015 Music Festival.$27,600
Summit 54Denver, CO501(c)3To Support General Operating Expenses and Summer Advantage Pr Rfv$27,000
Aspen Youth CenterAspen, CO501(c)3To Support General Operating Expenses.$26,000
Alpine Legal ServicesGlenwood Springs, CO501(c)3To Support General Operating Expenses.$25,300
Aspen Community SchoolWoody Creek, CO501(c)3To Support the Annual Fund$25,000
Center for Living PeaceIrvine, CA501(c)3To Support General Operating Expenses.$25,000
Centro Mater FoundationMiami, FL501(c)3To Support Science-based and Technical Education Programs for Underprivileged Youth in Miami$25,000
Environmental Media AssocBeverly Hills, CA501(c)3To Support General Operating Expenses.$25,000
Foundation for Palliative CareHamden, CT501(c)3To Support General Operating Expenses.$25,000
Grassroots AsiaSnowmass Village, CO501(c)3To Support the Endowment Fund Draw$25,000
New York Foundation for the ArtsBrooklyn, NY501(c)3To Support the Anna Deavere Smith School to Prison Pipeline Project.$25,000
Refresh MiamiMiami, FL501(c)3To Support Education Programs Focused on Technology for Communities in South Florida.$25,000
Roaring Fork School Health CentersBasalt, CO501(c)3To Support Bilingual Care Coordinator.$25,000
ST JUDE CHILDREN'S RESEARCH HOSPITALMemphis, TN501(c)3To Support General Operating Expenses.$25,000
Sustainable SettingsCarbondale, CO501(c)3To Support General Operating Expenses.$25,000
USA CyclingColorado Springs, CO501(c)3To Support General Operating Expenses.$25,000
Jazz Aspen SnowmassAspen, CO501(c)3To Support Music Programs.$24,945
YouthentityCarbondale, CO501(c)3To Support General Operating Expenses.$24,875
Aspen Junior HockeyAspen, CO501(c)3To Support General Operating Expenses.$23,781
Doctors Without Borders USANew York, NY501(c)3To Support General Operating Expenses.$23,500
Rfsd Pre-collegiate ProgramGlenwood Springs, CO501(c)3To Support General Operating Expenses.$23,500
Theatre AspenAspen, CO501(c)3To Support General Operating Expenses and Arts & Culture.$23,500
Food Bank of the RockiesDenver, CO501(c)3To Support the Western Slope$23,000
Colorado Mountain CollegeGlenwood Springs, CO501(c)3For Cradle to Career Initiative Data System.$22,848
Aspen FilmAspen, CO501(c)3To Support General Operating Expenses.$22,650
Advocate Safehouse ProjectGlenwood Springs, CO501(c)3To Support General Operating Expenses.$22,500
University of Colorado FoundationBroomfield, CO501(c)3To Support Environmental Studies and the Real Est. Foundation$22,250
Catholic Charities Western SlopeGlenwood Springs, CO501(c)3To Support General Operating Expenses.$22,000
Mt Sopris Montessori SchoolCarbondale, CO501(c)3To Support Tuition Assistance and General Operating Expenses.$21,750
Pitkin County LibraryAspen, CO501(c)3To Support the Capital Campaign, Education and General Operating Expenses.$21,500
Forest ConservancyCarbondale, CO501(c)3To Support General Operating Expenses.$21,000
River Bridge Regional CenterGlenwood Springs, CO501(c)3To Support Family Services and General Operating Expenses.$21,000
CHILDREN'S HOSPITAL CO FOUNDATIONAurora, CO501(c)3To Support Health Expenses.$20,250
Educational Tall ShipSausalito, CA501(c)3To Support the Matthew Turner Wooden Tall Ship Project.$20,000
Khacholing CenterRichfield, MN501(c)3To Support the Construction of a New Building.$20,000
Miami Music ProjectMiami, FL501(c)3TO SUPPORT MIAMI MUSIC PROJECT'S EDUCATIONAL PROGRAMS.$20,000
Museum of Contemporary Art DenverDenver, CO501(c)3To Support General Operating Expenses.$20,000
ST JOHN'S EPISCOPAL CHURCHMemphis, TN501(c)3To Support General Operating Expenses.$20,000
United Negro College FundWashington, DC501(c)3To Support General Operating Expenses.$20,000
ResponseAspen, CO501(c)3To Support Family Services.$19,500
Aspen Public RadioAspen, CO501(c)3To Support General Operating Expenses.$19,400
Raising a Reader Aspen to ParachuteGlenwood Springs, CO501(c)3To Support General Operating Expenses.$19,000
Center for Reproductive RightsNew York, NY501(c)3To Support General Operating Expenses.$17,500
Slow MoneyBoulder, CO501(c)3To Support the Local Chapter 2forks Club.$17,500
Our SchoolGlenwood Springs, CO501(c)3To Support General Operating Expenses.$16,500
Aspen ChapelAspen, CO501(c)3To Support General Operating Expenses.$15,100
Anderson Ranch Arts CenterSnowmass Village, CO501(c)3To Support General Operating Expenses.$15,050
BioneersSanta Fe, NM501(c)3To Support General Operating Expenses.$15,000
Christ Episcopal ChurchAspen, CO501(c)3To Support the Animal Shelter.$15,000
Island PressWashington, DC501(c)3To Support General Operating Expenses.$15,000
Mountain Valley Dev ServicesGlenwood Springs, CO501(c)3For Quality Improvement Efforts.$15,000
No Scalpel Vasectomy InternationalNaples, FL501(c)3Earmarked for World Vasectomy Day, to Support General Operating Expenses.$15,000
Rhodes CollegeMemphis, TN501(c)3To Support General Operating Expenses.$15,000
A Way OutAspen, CO501(c)3To Support General Operating Expenses.$13,950
Aspen Valley Land TrustCarbondale, CO501(c)3To Support General Operating Expenses.$13,600
Growing Years SchoolBasalt, CO501(c)3To Support Tuition Assistance and General Operating Expenses.$13,500
Aspen High SchoolAspen, CO501(c)3To Support Needy Families and Scholarship Fund.$13,000
Empowers AfricaNew York, NY501(c)3To Support General Operating Expenses, Program Support and Global.$13,000
Marshall Direct FundAspen, CO501(c)3To Support General Operating Expenses.$12,500
Early Learning CenterAspen, CO501(c)3TO SUPPORT TUITION ASSISTANCE FOR PRESCHOOL ATTENDANCE FOR 9 ENROLLED STUDENTS AND $1,000 GENERAL SUPPORT.$12,468
Thunder River Theatre CompanyCarbondale, CO501(c)3Annual Draw From Org. End. Fund.$12,182
Grand Valley Educational FoundationParachute, CO501(c)3To Support the Teacher of the Year Awards.$12,000
Literacy OutreachGlenwood Springs, CO501(c)3To Support General Operating Expenses.$12,000
Wilderness WorkshopCarbondale, CO501(c)3To Support General Operating Expenses.$11,250
Aspen Historical SocietyAspen, CO501(c)3To Support General Operating Expenses.$11,245
ASPEN WRITER'S FOUNDATIONAspen, CO501(c)3To Support General Operating Expenses.$10,950
Aspen School DistrictAspen, CO501(c)3To Support the Mountain Futures Fund.$10,578
Jewish Resource Center-chapad of AspenAspen, CO501(c)3To Support General Operating Expenses.$10,360
After-school All Stars South FloridaMiami, FL501(c)3To Support the Comprehensive After-school Educational and Sports Programs for Children in Under-served Communities of S. Fl.$10,000
Center Stage Associates IncBaltimore, MD501(c)3To Support the Annual Fund.$10,000
Chickasaw Council Boy Scouts of AmericaMemphis, TN501(c)3To Support General Operating Expenses.$10,000
Common Cents New YorkNew York, NY501(c)3To Support General Operating Expenses.$10,000
Democracy NowNew York, NY501(c)3To Support General Operating Expenses.$10,000
Denver Kids IncDenver, CO501(c)3To Support General Operating Expenses.$10,000
Dixon Gallery and GardensMemphis, TN501(c)3To Support General Operating Expenses.$10,000
Early Childhood NetworkGlenwood Springs, CO501(c)3To Support General Operating Expenses.$10,000
Lehrman Community Day SchoolMiami Beach, FL501(c)3To Support the Annual Fund.$10,000
Memphis Botanic GardensMemphis, TN501(c)3To Support General Operating Expenses.$10,000
Public Counsel of the RockiesAspen, CO501(c)3To Support the Smart Water Program.$10,000
Rancho Santa Fe Education FoundationRancho Santa Fe, CA501(c)3To Support General Operating Expenses.$10,000
Ransom Everglades SchoolCoral Gables, FL501(c)3To Support General Operating Expenses.$10,000
Uli ColoradoDenver, CO501(c)3To Support the Champion Level Annual Cost for the Etkin Johnson Scholarship Program.$10,000
Uli FoundationWashington, DC501(c)3To Support the Annual Fund.$10,000
Union of Concerned ScientistsCambridge, MA501(c)3To Support General Operating Expenses.$10,000
University of Texas Md Anderson Cancer CenterHouston, TX501(c)3To Support General Operating Expenses.$10,000
Your Friends for LifeAspen, CO501(c)3To Support General Operating Expenses and Support Terminally Ill Cancer Patients$10,000
Aspen Jewish CongregationAspen, CO501(c)3To Support General Operating Expenses.$9,578
United Jewish AppealDenver, CO501(c)3To Support General Operating Expenses.$9,000
Neshama CenterAspen, CO501(c)3To Support General Operating Expenses.$8,500
Western Resource AdvocatesBoulder, CO501(c)3To Support General Operating Expenses.$8,500
Glbt Resource Center of MichianaSouth Bend, IN501(c)3To Support General Operating Expenses.this Grant Is for General Operating Expenses.$8,000
Three GenerationsNew York, NY501(c)3To Support General Operating Expenses.$8,000
Windwalkers Equine Assisted Learning and Therapy CenterCarbondale, CO501(c)3To Support General Operating Expenses.$7,750
Friends of the Aspen Animal ShelterAspen, CO501(c)3To Support General Operating Expenses.$7,500
International Community FoundationNational City, CA501(c)3To Support Casa Hogar Alegria in Toluca, Mexico State.$7,500
Kino Border InitiativeNogales, AZ501(c)3Education Support.$7,500
Mind Springs HealthAspen, CO501(c)3To Support General Operating Expenses.$7,500
PathfindersAspen, CO501(c)3To Support General Operating Expenses.$7,500
Southern Poverty Law CenterMontgomery, AL501(c)3To Support Leadership.$7,500
Congregation Tifereth ZviLos Angeles, CA501(c)3To Support the Scholarship Program.$7,000
EcoflightAspen, CO501(c)3To Support a Matching Flight Across America and General Support.$7,000
US Ski & Snowboard Team FoundationPark City, UT501(c)3To Support General Operating Expenses.$6,750
Cloudbase FoundationMelbourne Village, FL501(c)3To Support the Nepal Relief.$6,005
American Academy of PsychotherapistsAlbany, NY501(c)3To Support the Scholarship Program.$6,000
Mountain Rescue AspenAspen, CO501(c)3To Support General Operating Expenses.$5,840
Little Red School HouseSnowmass Village, CO501(c)3Tuition Assistance for Summer Preschool Attendance for Three Cpp Enrolled Students and General Expenses.$5,277
Aid for Aids InternationalNew York, NY501(c)3To Support General Operating Expenses.$5,000
Clean Energy Economy for the RegionCarbondale, CO501(c)3To Support the Building Energy Navigator$5,000
Fruitvale School District Education FoundationBakersfield, CA501(c)3To Support Laptop Computer for 4th and 5th Graders at Quailwood Elem School.$5,000
Heather on Earth Music FoundationMerrick, NY501(c)3For Sponsorship and Support of Music Programs Delivered to Sick Children in Hospitals.$5,000
Jewish ColoradoDenver, CO501(c)3To Support the Nepal Emergency Campaign$5,000
Latino Community Found of ColoradoDenver, CO501(c)3TO SUPPORT THE COLORADO IMMIGRANT FUNDER'S COLLABORATIVE'S NETWORK.$5,000
Mayo ClinicScottsdale, AZ501(c)3To Support General Operating Expenses.$5,000
Our Lady of Assumption SchoolVentura, CA501(c)3To Support the Purchase of 10 Ipads.$5,000
Roaring Fork Music SocietyCarbondale, CO501(c)3To Support the Building of a New Oakville Hospital in Honor of Jarmila and Henry Jelinek$5,000
St John Community Dev CorpMiami, FL501(c)3To Support Outreach Programs for Socially Distressed Citizens.$5,000
The Alliance for Climate ProtectionWashington, DC501(c)3To Support Education.$5,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$98,675
Fundraising Direct Expenses$15,338
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Quality of Life Reception$168,190$98,675-$98,675
Total Events$168,190$98,675$15,338$83,337
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Funds Held for Others$2,586,753
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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 11

Review return in meetings prior to filing.

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

Regular meetings/reports.

Form 990, Part VI, Section B, Line 15

INDUSTRY DATA.

Form 990, Part VI, Section C, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Aspen Community Foundation
EIN
84-0829226
Phone
9709259300
Address
110 EAST HALLAM STREET NO 126, ASPEN, CO 81611

Signing Officer

Name
Tamara Tormohlen
Title
Executive Director
Phone
9709259300
Signed
2016-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tamara Tormohlen
Formed
1982
Legal Domicile
Co
Voting Board Members
22
Independent Board Members
22
Employees
14
Volunteers
0

Preparer

Firm
Mcmahan and Associates LLC
Address
PO BOX 5850, AVON, CO 81620
Preparer
Paul J Backes CPA
Phone
9708458800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Agency contributions -1,419,577. Agency grants 1,372,958. Agency investment income 4,874. Agency administrative fees 13,735.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Internal administrative fee 13,735.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Special event expense -15,338. Agency income 1,414,703.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expense 15,338.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

AGENCY GRANTS 1,372,959.

Raw XML AppendixShowing 400 of 2,230 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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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-28010
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc1CCI AND CLASSROOM PROGR
IRS990/OtherExpensesGrp/Desc2ANNUAL REPORT
IRS990/OtherExpensesGrp/Desc3BUS EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt0473
IRS990/OtherExpensesGrp/FundraisingAmt1925
IRS990/OtherExpensesGrp/FundraisingAmt22331
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0472
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1925
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22331
IRS990/OtherExpensesGrp/ProgramServicesAmt094146
IRS990/OtherExpensesGrp/ProgramServicesAmt130924
IRS990/OtherExpensesGrp/ProgramServicesAmt210574
IRS990/OtherExpensesGrp/ProgramServicesAmt38741
IRS990/OtherExpensesGrp/TotalAmt095091
IRS990/OtherExpensesGrp/TotalAmt132774
IRS990/OtherExpensesGrp/TotalAmt215236
IRS990/OtherExpensesGrp/TotalAmt38741
IRS990/OtherLiabilitiesGrp/BOYAmt02558743
IRS990/OtherLiabilitiesGrp/EOYAmt02586753
IRS990/OtherRevenueMiscGrp/BusinessCd0561000
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt076959
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt076959
IRS990/OtherRevenueTotalAmt076959
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0131884
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0131884
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0899553
IRS990/OtherSalariesAndWagesGrp/TotalAmt01163321
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt050000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt050000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09792
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015455
IRS990/PrincipalOfficerNm0TAMARA TORMOHLEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0IN 2015 THE FOUNDATION CONTINUED ITS CRADLE-TO-CAREER INITIATIVE, A COLLECTIVE IMPACT PROJECT IN PARTNERSHIP WITH NONPROFITS, LOCAL GOVERNMENTS, SCHOOL DISTRICTS, CIVIC ORGANIZATIONS, DONORS AND BUSINESSES TOWARD ITS GOAL TO INCREASE AND ENRICH EDUCATIONAL OPPORTUNITIES FOR ALL CHILDREN FROM 0 - 18 TO BE PREPARED TO ENTER SCHOOL, TO BE SUCCESSFUL IN SCHOOL AND TO GRADUATE FROM SCHOOL PREPARED FOR COLLEGE AND CAREER.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt010117076
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt08420920
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt098756
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08000054
IRS990/PYExcessBenefitTransInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$62.3$4.73$57.6$20.9$22.6$1.71
2023Summary only. Only limited summary data is available for this year.$57.1$4.14$53.0$17.5$18.1$0.59
2022Summary only. Only limited summary data is available for this year.$51.6$3.71$47.9$13.9$16.1$2.13
2021Summary only. Only limited summary data is available for this year.$62.5$5.71$56.8$28.3$18.8$9.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.9$5.90$42.0$20.5$17.7$2.81
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.5$5.60$35.9$11.1$12.1$1.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.8$5.33$31.5$7.67$10.7$3.01
2017Summary only. Only limited summary data is available for this year.$42.1$5.75$36.4$9.60$11.8$2.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.9$5.14$33.8$8.17$9.26$1.09
2015Detailed filing. Detailed filing data is available for this year.$38.4$5.05$33.4$9.70$10.5$0.75
2015Summary only. Only limited summary data is available for this year.$38.4$5.05$33.4$9.70$10.5$0.75
2014Detailed filing. Detailed filing data is available for this year.$38.7$4.79$33.9$8.27$15.3$6.98
2013Detailed filing. Detailed filing data is available for this year.$42.6$3.34$39.3$12.1$14.4$2.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.3$4.14$35.2$8.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.8$3.75$29.0$15.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.4$8.88$32.5$4.57