Civic Intelligence

C O L Foundation

990 • Fiscal year 2015 • EIN 84-1072741

Apr 01, 2014 to Mar 31, 2015 • Filed on Dec 11, 2015

355 South Teller St Suite 210Lakewood, CO 80226

(303) 988-2373

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

6th percentile

0.00x

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

1st percentile

-230%

Higher net margin than 1% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

69th percentile

$166,971

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 62.0% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

3rd percentile

-24%

Faster asset growth than 3% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

5th percentile

-49%

Faster revenue growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Down

$5,163,708

Down $1,656,475 (-24%) from 2014

Net Assets

Down

$5,163,708

Down $568,548 (-9.9%) from 2014

Liabilities

Down

$0

Down $1,087,927 (-100%) from 2014

Revenue

Down

$269,370

Down $262,947 (-49%) from 2014

Expenses

Up

$889,518

Up $120,810 (+16%) from 2014

Net Income

Down

-$620,148

Down $383,757 (-162%) from 2014

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $5,939,940Liabilities 2010: $0Net Assets 2010: $5,939,9402010Assets 2011: $6,103,393Liabilities 2011: $0Net Assets 2011: $6,103,3932011Assets 2012: $6,054,097Liabilities 2012: $0Net Assets 2012: $6,054,0972012Assets 2013: $5,911,395Liabilities 2013: $0Net Assets 2013: $5,911,3952013Assets 2014: $6,820,183Liabilities 2014: $1,087,927Net Assets 2014: $5,732,2562014Assets 2015: $5,163,708Liabilities 2015: $0Net Assets 2015: $5,163,7082015Assets 2016: $4,675,547Liabilities 2016: $0Net Assets 2016: $4,675,5472016Assets 2017: $4,461,306Liabilities 2017: $0Net Assets 2017: $4,461,3062017Assets 2018: $4,424,807Liabilities 2018: $107,855Net Assets 2018: $4,316,9522018Assets 2019: $4,233,271Liabilities 2019: $0Net Assets 2019: $4,233,2712019Assets 2020: $4,170,408Liabilities 2020: $0Net Assets 2020: $4,170,4082020Assets 2021: $7,326,921Liabilities 2021: $0Net Assets 2021: $7,326,9212021Assets 2022: $9,527,654Liabilities 2022: $0Net Assets 2022: $9,527,6542022Assets 2023: $10,445,304Liabilities 2023: $0Net Assets 2023: $10,445,3042023Assets 2024: $13,329,586Liabilities 2024: $0Net Assets 2024: $13,329,5862024Assets 2025: $15,942,968Liabilities 2025: $0Net Assets 2025: $15,942,9682025

Highlighted filing

2015

Assets$5,163,708
Liabilities$0
Net Assets$5,163,708

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $454,2622010Expenses 2011: $336,0762011Expenses 2012: $354,2842012Expenses 2013: $581,0972013Revenue 2014: $532,317Expenses 2014: $768,708Net Income 2014: -$236,3912014Revenue 2015: $269,370Expenses 2015: $889,518Net Income 2015: -$620,1482015Revenue 2016: $421,224Expenses 2016: $789,066Net Income 2016: -$367,8422016Revenue 2017: $313,602Expenses 2017: $706,559Net Income 2017: -$392,9572017Revenue 2018: $663,605Expenses 2018: $600,724Net Income 2018: $62,8812018Revenue 2019: $407,656Expenses 2019: $219,384Net Income 2019: $188,2722019Revenue 2020: $435,998Expenses 2020: $193,447Net Income 2020: $242,5512020Revenue 2021: $1,785,022Expenses 2021: $199,451Net Income 2021: $1,585,5712021Revenue 2022: $2,178,707Expenses 2022: $288,944Net Income 2022: $1,889,7632022Revenue 2023: $1,686,168Expenses 2023: $35,025Net Income 2023: $1,651,1432023Revenue 2024: $1,287,040Expenses 2024: $420,706Net Income 2024: $866,3342024Revenue 2025: $2,698,556Expenses 2025: $441,496Net Income 2025: $2,257,0602025

Highlighted filing

2015

Revenue$269,370
Expenses$889,518
Net Income-$620,148
Jump To
Filing Snapshot
Filing Period
Apr 1, 2014 to Mar 31, 2015
Signed
Dec 11, 2015
Return Version
2014v5.0
Gross Receipts
$1,125,685
Mission and Program Overview

Mission

The preservation of open space in colorado by supporting the operations of colorado open lands. The organization holds stewardship funds for the monitoring and enforcement of conservation easements held by colorado open lands.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,145,506$4,435,566▼ $1,709,940
Savings and Temporary Cash Investments$91,101$128,515▲ $37,414
Pledges and Grants Receivable$82,310$71,721▼ $10,589
Accounts Receivable$25,729$52,153▲ $26,424
Land, Buildings, and Equipment, Net$8,035$8,035→ $0
Cash and Non-Interest-Bearing Accounts$311$527▲ $216
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$6,820,183$5,163,708▼ $1,656,475
Other Assets Total$467,191$467,191→ $0
Liabilities
Other Liabilities$1,087,927--
Total Liabilities$1,087,927$0▼ $1,087,927
Net Assets / Fund Balance
Unrestricted Net Assets$3,497,829$2,953,833▼ $543,996
Temporarily Rstr Net Assets$2,234,427$2,209,875▼ $24,552
Total Net Assets Fund Balance$5,732,256$5,163,708▼ $568,548
Total Liabilities and Net Assets / Fund Balance$6,820,183$5,163,708▼ $1,656,475

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,035$21,946$29,981
Other Assets Org$467,191--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$6,386,453$226,661▲ $141,408$2,372,764$3,534,406
2013$5,126,825$1,753,518▲ $271,938$41,607$6,386,453
2012$5,429,938$232,008▲ $206,682$191,220$5,126,825
2011$5,459,006$119,577▲ $140,368-$5,429,938
2010$5,395,684$358,308▲ $219,743$196,837$5,459,006
Compensation and Service Providers

Employees

NameTitleOtherTotal
Brian RossVice President$135,236$135,236
Anthony CaligiuriPresident & CEO$29,167$29,167

Board Members and Trustees

NameTitle
Charles RussellChairman
Daniel E PikePresident & CEO
Pete LeavellVice Chairman
Bob TroyerDirector
Carolyn BurrDirector
Charlie KurtzDirector
Dick StermerDirector
Don AptekarDirector
Ford FrickDirector
Ingrid BarrierDirector
John WoodardDirector
Paul PhillipsDirector
Rebecca FrankDirector
Robert DelineDirector
Rodney E SilferDirector
Roland WilliamsDirector
Russell B CaldwellDirector
Ruth WrightDirector
Rye AustinDirector
Scott McinnisDirector
Tim SchultzDirector
Wendell FlemingDirector
Wes SegelkeDirector
Will MorganDirector
William B VollbrachtDirector
Jennifer WeddleSecretary
Larry J HausermanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$131,136
Program Service Revenue
$19,525
Investment Income
$118,709
Other Revenue
$0
All Other Contributions
$63,333
Change in Net Assets
$-620,148
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$815,000
Other Expenses$74,518
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$815,000--$815,000
Fees for Service Investment Mgmnt Fees-$41,807-$41,807
Other Expenses$27,697--$27,697
Insurance$3,542$1,242-$4,784
Office Expenses-$230-$230
Total Functional Expenses$846,239$43,279$0$889,518
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Colorado Open LandsLakewood, CO501(c)(3)Preservation of Open Space$815,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is reviewed and approved by the president prior to filing and will be approved by the board at their next meeting.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The conflict of interest policy is reviewed at least annually. It is the responsibility of all board members and staff to be aware of the policy and to identify all conflicts of interest.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Information is available upon request from the organization.

Filing and Contact Details

Filer

Filer Name
Col Foundation
EIN
84-1072741
Phone
3039882373
Address
355 SOUTH TELLER ST SUITE 210, LAKEWOOD, CO 80226

Signing Officer

Name
Anthony Caligiuri
Title
President
Signed
2015-12-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Caligiuri
Formed
1987
Legal Domicile
Co
Voting Board Members
26
Independent Board Members
26
Employees
0
Volunteers
13

Preparer

Firm
Schwenke & Associates PC
Address
3405 Penrose Place Suite 104, Boulder, CO 80301
Preparer
David L Schwenke CPA
Phone
3034401658
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The term endowments are intended for use in land conservation and stewardship projects and easement defense. The board designated funds are mainly for future operating needs of the organization.

Part X : FIN48 Footnote

The organization follows "accounting for uncertainty in income taxes", which requires the organization to determine whether a tax position (and the related tax benefit) is more likely than not to be sustained upon examination by the applicable taxing authority, based solely on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement, presuming that the tax position is examined by the appropriate taxing authority that has full knowledge of all relevant information. During the year ended march 31, 2015, the organization's management evaluated its tax positions to determine the existence of uncertainties, and did not note any matters that would require recognition or which may have an affect on its tax-exempt status.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director
IRS990/Form990PartVIISectionAGrp/TitleTxt26President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt27President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt28Vice President
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IRS990/MissionDesc0THE PRESERVATION OF OPEN SPACE IN COLORADO BY SUPPORTING THE OPERATIONS OF COLORADO OPEN LANDS. THE ORGANIZATION HOLDS STEWARDSHIP FUNDS FOR THE MONITORING AND ENFORCEMENT OF CONSERVATION EASEMENTS HELD BY COLORADO OPEN LANDS.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$15.9$0.00$15.9$2.70$0.44$2.26
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.3$0.00$13.3$1.29$0.42$0.87
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$0.00$10.4$1.69$0.04$1.65
2022Detailed filing. Detailed filing data is available for this year.$9.53$0.00$9.53$2.18$0.29$1.89
2021Detailed filing. Detailed filing data is available for this year.$7.33$0.00$7.33$1.79$0.20$1.59
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.17$0.00$4.17$0.44$0.19$0.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.23$0.00$4.23$0.41$0.22$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.42$0.11$4.32$0.66$0.60$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.46$0.00$4.46$0.31$0.71$0.39
2016Detailed filing. Detailed filing data is available for this year.$4.68$0.00$4.68$0.42$0.79$0.37
2015Detailed filing. Detailed filing data is available for this year.$5.16$0.00$5.16$0.27$0.89$0.62
2014Detailed filing. Detailed filing data is available for this year.$6.82$1.09$5.73$0.53$0.77$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.91$0.00$5.91$0.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.05$0.00$6.05$0.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.10$0.00$6.10$0.34
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.94$0.00$5.94$0.45