Form 990, Part VI, Section B, Line 11B
“A draft of form 990 was given to the board of directors for review before filing of the form with the irs.”
990 • Fiscal year 2022 • EIN 84-1128761
Scores are not available for this record yet.
Assets
Down$5,549,233
Down $121,962 (-2.2%) from 2021
Net Assets
Up$4,139,859
Up $17,184 (+0.4%) from 2021
Liabilities
Down$1,409,374
Down $139,146 (-9.0%) from 2021
Revenue
Down$479,705
Down $889,331 (-65%) from 2021
Expenses
Down$609,746
Down $516,549 (-46%) from 2021
Net Income
Down-$130,041
Down $372,782 (-154%) from 2021
The mission and purpose of the montrose community foundation is to:* seek and embrace innovative ideas.* connect charitable donors to community causes.* promote worthwhile community projects and partnerships.* grow and manage permanent endowment funds.* provide grants and other support to effective community organizations.* facilitate estate and legacy giving.
Community foundation whose primary purpose is to support local non-profit organizations.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $4,952,999 | $4,720,251 | ▼ $232,748 |
| Rtn Earn Endowment Incm Other Fnds | $4,416,438 | $4,139,859 | ▼ $276,579 |
| Cash and Non-Interest-Bearing Accounts | $840,839 | $828,982 | ▼ $11,857 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $5,793,838 | $5,549,233 | ▼ $244,605 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $1,377,400 | $1,409,374 | ▲ $31,974 |
| Total Liabilities | $1,377,400 | $1,409,374 | ▲ $31,974 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $4,416,438 | $4,139,859 | ▼ $276,579 |
| Total Liabilities and Net Assets / Fund Balance | $5,793,838 | $5,549,233 | ▼ $244,605 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2022 | $3,747,194 | $79,873 | ▲ $11,913 | - | $3,767,526 |
| 2021 | $4,271,286 | $169,624 | ▼ $475,380 | - | $3,747,194 |
| 2020 | $3,396,095 | $248,064 | ▲ $840,277 | - | $4,271,286 |
| 2019 | $3,379,608 | $152,205 | ▲ $57,406 | - | $3,396,095 |
| 2018 | $2,970,913 | $440,060 | ▲ $176,653 | - | $3,379,608 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Sara Plumhoff | Executive Director | FT | $69,333 | $69,333 |
| Name | Title |
|---|---|
| Laird Landon | Board Chairman |
| Mark Smith | Vice Chairman |
| Ian Atha | Director |
| Meredith Fishering | Director |
| Ross Valdez | Director |
| Terry Mccoige | Director |
| Vin Singh | Director |
| Sarah Abbott | Secretary |
| Scott Whittman | Treasurer |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Securities Publicly Traded | 1 | $30,282 | Market Value |
| Total Noncash Contributions | 1 | $30,282 | - |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $456,135 |
| Salaries, Compensation, and Employee Benefits | $77,733 |
| Other Expenses | $75,878 |
| Total Fundraising Expense | $392 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $456,135 | - | - | $456,135 |
| Current Officers, Directors, Trustees, and Key Employees | $48,938 | $16,312 | - | $65,250 |
| Comp Disqual Persons | $9,362 | $3,121 | - | $12,483 |
| Advertising | $1,810 | $603 | - | $2,413 |
| Office Expenses | $1,631 | $544 | - | $2,175 |
| Other Expenses | $1,691 | $1,473 | - | $1,691 |
| All Other Expenses | $362 | $121 | $392 | $875 |
| Insurance | - | $347 | - | $347 |
| Total Functional Expenses | $567,791 | $41,563 | $392 | $609,746 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $26,391 |
| Fundraising Gross Income | $6,828 |
| Professional Fundraising Fees | $0 |
“A draft of form 990 was given to the board of directors for review before filing of the form with the irs.”
“The executive committee continually monitors and enforces the compliance with the conflict of interest policy.”
“The determination of compensation must first go through the executive committee and then is approved by the board of directors.”
“The organization's governing documents, conflict of interest policies, and financial statements are available to the public upon request.”
“Endowment funds are held for the benefit of local non-profit organizations.”
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/MissionDesc | 0 | THE MISSION AND PURPOSE OF THE MONTROSE COMMUNITY FOUNDATION IS TO:* SEEK AND EMBRACE INNOVATIVE IDEAS.* CONNECT CHARITABLE DONORS TO COMMUNITY CAUSES.* PROMOTE WORTHWHILE COMMUNITY PROJECTS AND PARTNERSHIPS.* GROW AND MANAGE PERMANENT ENDOWMENT FUNDS.* PROVIDE GRANTS AND OTHER SUPPORT TO EFFECTIVE COMMUNITY ORGANIZATIONS.* FACILITATE ESTATE AND LEGACY GIVING. |
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| IRS990ScheduleA/CommunityTrustInd | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | PUBLIC SUPPORT IS MEASURED USING A 5-YEAR COMPUTATION PERIOD THAT INCLUDES THE CURRENT YEAR AND FOUR PRIOR YEARS (INCLUDING SHORT YEARS). THE CURRENT YEAR IS A SHORT YEAR REFLECTING PUBLIC SUPPORT 7/1/2022 THROUGH 12/31/2022. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, SECTION C, LINES 14-15 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 312289 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1543063 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1011640 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 882329 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1137598 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 4886919 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 85696 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 145168 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 125492 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 120055 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 114152 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 590563 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 376719 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.75940 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.77460 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 4159468 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 727451 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 312289 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1543063 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1011640 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 882329 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1137598 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 4886919 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 5477482 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BoardDesignatedBalanceEOYPct | 0 | 0.38888 |
| IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 21584 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 3747194 |
| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 79873 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 3767526 |
| IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 49870 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 11913 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 50906 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 4271286 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt | 0 | 169624 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 3747194 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 167430 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | -475380 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 44477 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 3396095 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt | 0 | 248064 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 4271286 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 168673 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 840277 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 53361 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 3379608 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt | 0 | 152205 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 3396095 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 139763 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 57406 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 70227 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 2970913 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt | 0 | 440060 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 3379608 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 137791 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 176653 |
| IRS990ScheduleD/DisclosedForCharitablePrpsInd | 0 | 1 |
| IRS990ScheduleD/DisclosedOrgLegCtrlInd | 0 | 1 |
| IRS990ScheduleD/DonorAdvisedFundsContriAmt | 0 | 20168 |
| IRS990ScheduleD/DonorAdvisedFundsGrantsAmt | 0 | 62210 |
| IRS990ScheduleD/DonorAdvisedFundsHeldCnt | 0 | 11 |
| IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt | 0 | 755118 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct | 0 | 0.61113 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | ENDOWMENT FUNDS ARE HELD FOR THE BENEFIT OF LOCAL NON-PROFIT ORGANIZATIONS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART V, LINE 4: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleM/AnyPropertyThatMustBeHeldInd | 0 | 0 |
| IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd | 0 | 0 |
| IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt | 0 | 1 |
| IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt | 0 | MARKET VALUE |
| IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd | 0 | X |
| IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt | 0 | 30282 |
| IRS990ScheduleM/ThirdPartiesUsedInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A DRAFT OF FORM 990 WAS GIVEN TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE FILING OF THE FORM WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE EXECUTIVE COMMITTEE CONTINUALLY MONITORS AND ENFORCES THE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE DETERMINATION OF COMPENSATION MUST FIRST GO THROUGH THE EXECUTIVE COMMITTEE AND THEN IS APPROVED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxableDistributionsInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 5793838 |
| IRS990/TotalAssetsEOYAmt | 0 | 5549233 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 5793838 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 5549233 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 312289 |
| IRS990/TotalEmployeeCnt | 0 | 2 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 392 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 41563 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 567791 |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.