Civic Intelligence

C O L Foundation

990 • Fiscal year 2022 • EIN 84-1072741

Apr 01, 2021 to Mar 31, 2022 • Filed on Dec 19, 2022

1546 Cole Blvd Ste 200Lakewood, CO 80401

(303) 988-2373

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

8th percentile

0.00x

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

97th percentile

87%

Higher net margin than 97% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

78th percentile

$208,094

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

84th percentile

30%

Faster asset growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

71st percentile

22%

Faster revenue growth than 71% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$9,527,654

Up $2,200,733 (+30%) from 2021

Net Assets

Up

$9,527,654

Up $2,200,733 (+30%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$2,178,707

Up $393,685 (+22%) from 2021

Expenses

Up

$288,944

Up $89,493 (+45%) from 2021

Net Income

Up

$1,889,763

Up $304,192 (+19%) from 2021

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

2022

Assets$9,527,654
Liabilities$0
Net Assets$9,527,654

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

2022

Revenue$2,178,707
Expenses$288,944
Net Income$1,889,763
Jump To
Filing Snapshot
Filing Period
Apr 1, 2021 to Mar 31, 2022
Signed
Dec 19, 2022
Return Version
2021v4.0
Gross Receipts
$2,188,610
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$7,142,433$8,708,904▲ $1,566,471
Pledges and Grants Receivable$157,820$195,466▲ $37,646
Cash and Non-Interest-Bearing Accounts$26,668$52,859▲ $26,191
Total Assets$7,326,921$9,527,654▲ $2,200,733
Other Assets Total-$570,425-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,208,648$7,290,811▲ $2,082,163
Net Assets Without Donor Restrictions$2,118,273$2,236,843▲ $118,570
Total Net Assets Fund Balance$7,326,921$9,527,654▲ $2,200,733
Total Liabilities and Net Assets / Fund Balance$7,326,921$9,527,654▲ $2,200,733

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$570,425--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$570,203$5,000▲ $17,686$22,464$570,425
2020$4,170,408$1,666,089▲ $1,689,850-$7,326,921
2019$4,232,417$334,532▼ $203,114-$4,170,408
2018$3,854,484$292,941▲ $303,603$34,997$4,232,417
2017$2,753,728$1,357,378▲ $344,045$123$3,854,484
Compensation and Service Providers

Board Members and Trustees

NameTitle
Martin HerzPresident
Carolyn BurrDirector
Dan PikeDirector
Ford FrickDirector
Ingrid BarrierDirector
Paul PhillipsDirector
Pieter HoekstraDirector
Russ CaldwellDirector
Anthony CaligiuriTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,053,963
Program Service Revenue
$0
Investment Income
$124,744
Other Revenue
$0
All Other Contributions
$1,774,381
Change in Net Assets
$1,889,763

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,177,603
Revenue Not Reported on Financial Statements
$1,104
Revenue Not Reported on Form 990
$310,970
Total Revenue per Audited Statements
$2,488,573
Total Revenue per Form 990
$2,178,707
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$287,840
Other Expenses$1,104
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$287,840--$287,840
Fees for Service Investment Mgmnt Fees-$1,104-$1,104
Total Functional Expenses$287,840$1,104$0$288,944

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$288,944
Expenses per Audited Statements$287,840
Total Expenses per Audited Statements$287,840
Expenses Not Reported on Financial Statements$1,104
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Colorado Open LandsLakewood, CO501c3Preserve Open Space$287,840
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

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

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

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, Page 6, Part VI, Line 19

Information is available upon request from the organization.

Filing and Contact Details

Filer

Filer Name
Col Foundation
EIN
84-1072741
Phone
3039882373
Address
1546 COLE BLVD STE 200, LAKEWOOD, CO 80401

Signing Officer

Name
Anthony Caligiuri
Title
Treasurer
Phone
3039882373
Signed
2022-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Caligiuri
Formed
1987
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
8

Preparer

Firm
Jds Professional Group
Address
10303 E DRY CREEK RD STE 400, ENGLEWOOD, CO 80112
Preparer
Lori B Bauer CPA
Phone
3037710123
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S 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.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The term endowments and board designated funds are intended for use in easement stewardship projects and easement defense.

Schedule D, Page 3, Part X

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, 2022, 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TERM ENDOWMENTS AND BOARD DESIGNATED FUNDS ARE INTENDED FOR USE IN EASEMENT STEWARDSHIP PROJECTS AND EASEMENT DEFENSE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE 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, 2022, 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleI/RecipientTable/USAddress/CityNm0LAKEWOOD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd080401
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS THE FINANCIAL INFORMATION OF THE SUPPORTED ORGANIZATION QUARTERLY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TREASURER
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IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE PRIOR TO FILING AND WILL BE APPROVED BY THE BOARD AT THEIR NEXT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INFORMATION IS AVAILABLE UPON REQUEST FROM THE ORGANIZATION.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PRESERVE
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IRS990ScheduleR/PaidEmployeesSharingInd0false
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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