Civic Intelligence

Custer 2020 Inc.

990 • Fiscal year 2020 • EIN 84-1311506

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 30, 2021

PO Box 717Westcliffe, CO 81252

(719) 783-0750

Siviq Scores

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

Liabilities / Assets

45th percentile

0.07x

Higher debt load relative to assets than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.58x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

8th percentile

-49%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

13th percentile

-6.3%

Faster asset growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,045,508

Down $70,663 (-6.3%) from 2019

Net Assets

Down

$971,914

Down $80,234 (-7.6%) from 2019

Liabilities

Up

$73,594

Up $9,571 (+15%) from 2019

Revenue

Down

$125,920

Down $24,942 (-17%) from 2019

Expenses

Up

$187,340

Up $20,433 (+12%) from 2019

Net Income

Down

-$61,420

Down $45,375 (-283%) 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 2011: $1,318,309Liabilities 2011: $800Net Assets 2011: $1,317,5092011Assets 2012: $1,272,478Liabilities 2012: $799Net Assets 2012: $1,271,6792012Assets 2013: $1,263,397Liabilities 2013: $1,975Net Assets 2013: $1,261,4222013Assets 2014: $1,221,575Liabilities 2014: $2,412Net Assets 2014: $1,219,1632014Assets 2015: $1,183,186Liabilities 2015: $975Net Assets 2015: $1,182,2112015Assets 2016: $1,194,509Liabilities 2016: $18,837Net Assets 2016: $1,175,6722016Assets 2017: $1,175,243Liabilities 2017: $32,607Net Assets 2017: $1,142,6362017Assets 2018: $1,125,847Liabilities 2018: $25,991Net Assets 2018: $1,099,8562018Assets 2019: $1,116,171Liabilities 2019: $64,023Net Assets 2019: $1,052,1482019Assets 2020: $1,045,508Liabilities 2020: $73,594Net Assets 2020: $971,9142020Assets 2021: $1,011,105Liabilities 2021: $66,540Net Assets 2021: $944,5652021Assets 2022: $1,112,341Liabilities 2022: $55,944Net Assets 2022: $1,056,3972022Assets 2023: $1,117,836Liabilities 2023: $58,464Net Assets 2023: $1,059,3722023Assets 2024: $1,027,864Liabilities 2024: $10,093Net Assets 2024: $1,017,7712024

Highlighted filing

2020

Assets$1,045,508
Liabilities$73,594
Net Assets$971,914

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $157,120Expenses 2011: $215,108Net Income 2011: -$57,9882011Revenue 2012: $177,941Expenses 2012: $223,771Net Income 2012: -$45,8302012Revenue 2013: $198,621Expenses 2013: $214,934Net Income 2013: -$16,3132013Revenue 2014: $172,246Expenses 2014: $218,951Net Income 2014: -$46,7052014Revenue 2015: $187,166Expenses 2015: $221,430Net Income 2015: -$34,2642015Revenue 2016: $237,911Expenses 2016: $235,079Net Income 2016: $2,8322016Revenue 2017: $224,406Expenses 2017: $290,916Net Income 2017: -$66,5102017Revenue 2018: $163,915Expenses 2018: $243,116Net Income 2018: -$79,2012018Revenue 2019: $150,862Expenses 2019: $166,907Net Income 2019: -$16,0452019Revenue 2020: $125,920Expenses 2020: $187,340Net Income 2020: -$61,4202020Revenue 2021: $153,966Expenses 2021: $193,171Net Income 2021: -$39,2052021Revenue 2022: $372,099Expenses 2022: $258,826Net Income 2022: $113,2732022Revenue 2023: $341,485Expenses 2023: $328,369Net Income 2023: $13,1162023Revenue 2024: $255,848Expenses 2024: $304,041Net Income 2024: -$48,1932024

Highlighted filing

2020

Revenue$125,920
Expenses$187,340
Net Income-$61,420
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 30, 2021
Return Version
2020v4.1
Gross Receipts
$128,753
Mission and Program Overview

Mission

The primary mission of the organization is to organize, administer, promote and maintain a multi-generational recreation facility within custer county, colorado for the residents of, and visitors to custer county, colorado.

The primary mission of the organization is to organize, administer, promote and maintain a multi-generational recreation facility within custer county, colorado for the residents of and visitors to custer county, colorado.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,076,346$1,025,980▼ $50,366
Savings and Temporary Cash Investments$19,002$12,998▼ $6,004
Cash and Non-Interest-Bearing Accounts$20,823$6,530▼ $14,293
Total Assets$1,116,171$1,045,508▼ $70,663
Liabilities
Mortgage Notes Payable Secured by Investment Property$62,554$60,732▼ $1,822
Accounts Payable and Accrued Expenses$1,065$9,944▲ $8,879
Other Liabilities$404$2,918▲ $2,514
Total Liabilities$64,023$73,594▲ $9,571
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,052,148$971,914▼ $80,234
Total Net Assets Fund Balance$1,052,148$971,914▼ $80,234
Total Liabilities and Net Assets / Fund Balance$1,116,171$1,045,508▼ $70,663

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$940,033$355,792-
Equipment$14,621$47,361-
Leasehold Improvements$71,326$21,252-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cortney ShankFormer Chairperson
Dianne WhalenPresident
Bonnie MowryFormer Board Member
Sean BeharryFormer Board Member
Shelia MurphyFormer Board Member
Anna PowellFormer Secretary
Elaine ChavanonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$39,113
Program Service Revenue
$77,719
Investment Income
$31
Other Revenue
$9,057
All Other Contributions
$35,040
Change in Net Assets
$-61,420
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$148,799
Salaries, Compensation, and Employee Benefits$38,541
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$58,664--$58,664
Depreciation Depletion$41,868--$41,868
Other Salaries and Wages$36,820--$36,820
Fees for Services Other$14,971--$14,971
Insurance$13,107--$13,107
Other Expenses$5,936$25-$5,936
All Other Expenses$2,245$2,085-$4,330
Interest$3,603--$3,603
Payroll Taxes$1,721--$1,721
Fees for Services Accounting$931$415-$1,346
Office Expenses-$879-$879
Advertising$861--$861
Information Technology-$120-$120
Total Functional Expenses$180,727$6,613$0$187,340
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
Credit Card$2,298
Payroll Taxes Payable$570
Gift Certificates$50
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

No review was conducted or will be conducted.

Governing documents etc available to public Part VI line 19

Made available to the public on request

Filing and Contact Details

Filer

Filer Name
Custer 2020 Inc
EIN
84-1311506
Address
PO BOX 717, WESTCLIFFE, CO 81252
Doing Business As
Altitude Community Fitness

Signing Officer

Name
Elaine Chavanon
Title
Treasurer
Phone
7197830750
Signed
2021-08-30
Discuss with paid preparer
No

Organization Details

Formed
2003
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
13
Volunteers
10

Preparer

Firm
Sangre Solutions
Address
302 Main Street, Westcliffe, CO 81252
Preparer
Nancy Tracewell
Phone
7197830631
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

A gymnastics program for children was started 2020.

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IRS990/RevenueAmt086807
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt012998
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0106234
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0294910
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0111704
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0120038
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt090152
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0508353
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0809
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt033566
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0355792
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01295825
IRS990ScheduleD/EquipmentGrp/BookValueAmt014621
IRS990ScheduleD/EquipmentGrp/DepreciationAmt047361
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt061982
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT CARD
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1SHELIA MURPHY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2CORTNEY SHANK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3ANNA POWELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4BONNIE MOWRY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FORMER BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1FORMER BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2FORMER CHAIRPERSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3FORMER SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4FORMER BOARD MEMBER
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IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS CONDUCTED OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MADE AVAILABLE TO THE PUBLIC ON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A GYMNASTICS PROGRAM FOR CHILDREN WAS STARTED 2020.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Significant program services not listed on prior year return Part III line 2
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0true
IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01045508
IRS990/TotalAssetsGrp/BOYAmt01116171
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IRS990/TotalContributionsAmt039113
IRS990/TotalEmployeeCnt013
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06613
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0180727

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.03$0.01$1.02$0.26$0.30$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.06$1.06$0.34$0.33$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.11$0.06$1.06$0.37$0.26$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.07$0.94$0.15$0.19$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.07$0.97$0.13$0.19$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.06$1.05$0.15$0.17$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.13$0.03$1.10$0.16$0.24$0.08
2017Summary only. Only limited summary data is available for this year.$1.18$0.03$1.14$0.22$0.29$0.07
2016Summary only. Only limited summary data is available for this year.$1.19$0.02$1.18$0.24$0.24$0.00
2015Summary only. Only limited summary data is available for this year.$1.18$0.00$1.18$0.19$0.22$0.03
2014Summary only. Only limited summary data is available for this year.$1.22$0.00$1.22$0.17$0.22$0.05
2013Summary only. Only limited summary data is available for this year.$1.26$0.00$1.26$0.20$0.21$0.02
2012Summary only. Only limited summary data is available for this year.$1.27$0.00$1.27$0.18$0.22$0.05
2011Summary only. Only limited summary data is available for this year.$1.32$0.00$1.32$0.16$0.22$0.06