Civic Intelligence

Telluride Adaptive Sports Program

990 • Fiscal year 2017 • EIN 84-1337870

May 01, 2016 to Apr 30, 2017 • Filed on Dec 07, 2017

P O Box 2254Telluride, CO 81435

(970) 728-5010

Siviq Scores

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

Liabilities / Assets

59th percentile

0.16x

Higher debt load relative to assets than 59% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

70th percentile

0.29x

Higher debt load relative to revenue than 70% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

24th percentile

-7.1%

Higher net margin than 24% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

24th percentile

-3.5%

Faster asset growth than 24% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

12th percentile

-21%

Faster revenue growth than 12% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,586,536

Down $56,821 (-3.5%) from 2016

Net Assets

Down

$1,327,747

Down $60,590 (-4.4%) from 2016

Liabilities

Up

$258,789

Up $3,769 (+1.5%) from 2016

Revenue

Down

$886,092

Down $232,911 (-21%) from 2016

Expenses

Up

$949,401

Up $52,250 (+5.8%) from 2016

Net Income

Down

-$63,309

Down $285,161 (-129%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,029,072Liabilities 2011: $26,693Net Assets 2011: $1,002,3792011Assets 2012: $1,006,813Liabilities 2012: $34,171Net Assets 2012: $972,6422012Assets 2013: $1,064,673Liabilities 2013: $39,334Net Assets 2013: $1,025,3392013Assets 2014: $1,112,702Liabilities 2014: $41,816Net Assets 2014: $1,070,8862014Assets 2016: $1,643,357Liabilities 2016: $255,020Net Assets 2016: $1,388,3372016Assets 2017: $1,586,536Liabilities 2017: $258,789Net Assets 2017: $1,327,7472017Assets 2018: $1,594,753Liabilities 2018: $257,402Net Assets 2018: $1,337,3512018Assets 2019: $1,514,921Liabilities 2019: $218,200Net Assets 2019: $1,296,7212019Assets 2020: $1,497,562Liabilities 2020: $337,292Net Assets 2020: $1,160,2702020Assets 2021: $1,495,249Liabilities 2021: $282,135Net Assets 2021: $1,213,1142021Assets 2022: $1,422,846Liabilities 2022: $194,071Net Assets 2022: $1,228,7752022Assets 2023: $1,409,814Liabilities 2023: $187,047Net Assets 2023: $1,222,7672023Assets 2024: $1,397,072Liabilities 2024: $185,736Net Assets 2024: $1,211,3362024Assets 2025: $1,320,489Liabilities 2025: $181,394Net Assets 2025: $1,139,0952025

Highlighted filing

2017

Assets$1,586,536
Liabilities$258,789
Net Assets$1,327,747

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $698,0902011Expenses 2012: $825,5622012Expenses 2013: $708,9422013Revenue 2014: $765,626Expenses 2014: $724,239Net Income 2014: $41,3872014Revenue 2016: $1,119,003Expenses 2016: $897,151Net Income 2016: $221,8522016Revenue 2017: $886,092Expenses 2017: $949,401Net Income 2017: -$63,3092017Revenue 2018: $861,317Expenses 2018: $851,713Net Income 2018: $9,6042018Revenue 2019: $859,432Expenses 2019: $875,593Net Income 2019: -$16,1612019Revenue 2020: $975,830Expenses 2020: $1,120,368Net Income 2020: -$144,5382020Revenue 2021: $693,313Expenses 2021: $640,469Net Income 2021: $52,8442021Revenue 2022: $803,004Expenses 2022: $787,343Net Income 2022: $15,6612022Revenue 2023: $851,960Expenses 2023: $857,968Net Income 2023: -$6,0082023Revenue 2024: $1,214,832Expenses 2024: $1,226,263Net Income 2024: -$11,4312024Revenue 2025: $1,091,532Expenses 2025: $1,163,773Net Income 2025: -$72,2412025

Highlighted filing

2017

Revenue$886,092
Expenses$949,401
Net Income-$63,309
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Dec 7, 2017
Return Version
2016v3.0
Gross Receipts
$927,524
Mission and Program Overview

Mission

Tasp is a non-profit organization dedicated to enrich the lives of people with disabilities by providing educational and recreational opportunities that develop life skills, encourage personal growth and promote independence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,107,902$1,066,260▼ $41,642
Cash and Non-Interest-Bearing Accounts$449,824$417,323▼ $32,501
Pledges and Grants Receivable$78,728$85,974▲ $7,246
Investments in Publicly Traded Securities$6,735$11,985▲ $5,250
Total Assets$1,643,357$1,586,536▼ $56,821
Other Assets Total$168$4,994▲ $4,826
Liabilities
Mortgage Notes Payable Secured by Investment Property$196,322$188,798▼ $7,524
Accounts Payable and Accrued Expenses$40,470$42,921▲ $2,451
Other Liabilities$18,228$27,070▲ $8,842
Total Liabilities$255,020$258,789▲ $3,769
Net Assets / Fund Balance
Unrestricted Net Assets$860,039$820,928▼ $39,111
Temporarily Rstr Net Assets$528,298$506,819▼ $21,479
Total Net Assets Fund Balance$1,388,337$1,327,747▼ $60,590
Total Liabilities and Net Assets / Fund Balance$1,643,357$1,586,536▼ $56,821

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$574,042$62,915$636,957
Buildings$417,674$144,414$562,088
Equipment$74,544$121,522$196,066
Other Assets Org$4,994--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Fred WinstonPresident
Betty Miller2nd Vice President
David SussmanDirector
Doug ColeDirector
Keri YoderDirector
Michael FreedmanDirector
Sam SiegelDirector
Sylvie BoulvaDirector
Courtney StuecheliExecutive Director
Steve GoldbergAsst Treasurer
Kevin FosterDirectro
Mike VolkSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$480,275
Program Service Revenue
$189,956
Investment Income
$3,392
Other Revenue
$212,469
All Other Contributions
$480,275
Change in Net Assets
$-63,309

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table630$87,850Fair Market Value (FMV)
Other Non Cash Contri Table1$87,000Fair Market Value (FMV)
Other Non Cash Contri Table12$960Fair Market Value (FMV)
Total Noncash Contributions643$175,810-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$536,982
Salaries, Compensation, and Employee Benefits$412,419
Total Fundraising Expense$39,045
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$228,109$7,513$3,005$238,627
Current Officers, Directors, Trustees, and Key Employees$59,868$23,026$9,211$92,105
Occupancy$53,361$7,259$5,375$65,995
Depreciation Depletion$46,156$6,347$5,193$57,696
Other Employee Benefits$54,373$611$147$55,131
Payroll Taxes$23,038$2,443$1,075$26,556
Fees for Services Accounting-$22,593-$22,593
All Other Expenses$15,963$766$1,408$18,137
Insurance$9,600$1,288$819$11,707
Fees for Services Other$620-$7,408$8,028
Interest$5,031$675$429$6,135
Office Expenses$2,628$1,279$440$4,347
Other Expenses$1,732$661$2,293$4,025
Advertising$2,996$402$255$3,653
Total Functional Expenses$835,493$74,863$39,045$949,401
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$211,873
Fundraising Direct Expenses$41,432
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Auct$132,404$132,404$24,970$107,434
Golf$73,743$73,743$14,721$59,022
Total Events$211,873$211,873$41,432$170,441
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$12,176
Deferred Revenue$8,545
Payroll Liabilities$6,349
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The organization works with its finance committee to review the form 990 prior to submitting it to the board for final review and approval, at which time it is filed with the irs

Conflict of interest policy compliance Part VI line 12C

The organization monitors conflicts of interest throughout the course of the year pursuant to the guidelines outlined in the policy. In addition, each director provides an annual disclosure of any conflicts

Governing documents etc available to public Part VI line 19

The organization makes its governing documents, conflicts of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Telluride Adaptive Sports Program
EIN
84-1337870
Address
P O BOX 2254, TELLURIDE, CO 81435

Signing Officer

Name
Courtney Stuecheli
Title
Executive Direc
Signed
2017-12-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Courtney Stuecheli
Formed
1995
Legal Domicile
Co
Voting Board Members
11
Independent Board Members
11
Employees
20
Volunteers
165

Preparer

Firm
Green & Associates LLC
Address
119 E BRIDGE STREET SUITE 210, Brighton, CO 80601
Preparer
David Green CPA
Phone
7208396458
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.32$0.18$1.14$1.09$1.16$0.07
2024Detailed filing. Detailed filing data is available for this year.$1.40$0.19$1.21$1.21$1.23$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.41$0.19$1.22$0.85$0.86$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.42$0.19$1.23$0.80$0.79$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.28$1.21$0.69$0.64$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.50$0.34$1.16$0.98$1.12$0.14
2019Detailed filing. Detailed filing data is available for this year.$1.51$0.22$1.30$0.86$0.88$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.59$0.26$1.34$0.86$0.85$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.59$0.26$1.33$0.89$0.95$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.64$0.26$1.39$1.12$0.90$0.22
2014Detailed filing. Detailed filing data is available for this year.$1.11$0.04$1.07$0.77$0.72$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.04$1.03$0.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.03$0.97$0.83
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.03$1.00$0.70