Civic Intelligence

The Lowry Foundation

990 • Fiscal year 2013 • EIN 84-1439521

Jan 01, 2013 to Dec 31, 2013 • Filed on May 20, 2014

293 Roslyn St80230

(303) 344-0184

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

62nd percentile

0.21x

Higher debt load relative to revenue than 62% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

1st percentile

-418%

Higher net margin than 1% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

28th percentile

-2.9%

Faster asset growth than 28% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

1st percentile

-87%

Faster revenue growth than 1% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Assets

Down

$2,100,827

Down $62,777 (-2.9%) from 2012

Net Assets

Down

$2,091,878

Down $63,758 (-3.0%) from 2012

Liabilities

Up

$8,949

Up $981 (+12%) from 2012

Revenue

Down

$42,851

Down $297,690 (-87%) from 2012

Expenses

Up

$221,936

Up $132,141 (+147%) from 2012

Net Income

Down

-$179,085

Down $429,831 (-171%) from 2012

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,864,556Liabilities 2011: $12,183Net Assets 2011: $1,852,3732011Assets 2012: $2,163,604Liabilities 2012: $7,968Net Assets 2012: $2,155,6362012Assets 2013: $2,100,827Liabilities 2013: $8,949Net Assets 2013: $2,091,8782013Assets 2014: $2,083,003Liabilities 2014: $24,495Net Assets 2014: $2,058,5082014Assets 2015: $1,955,151Liabilities 2015: $8,666Net Assets 2015: $1,946,4852015Assets 2016: $1,933,440Liabilities 2016: $6,998Net Assets 2016: $1,926,4422016Assets 2017: $1,900,162Liabilities 2017: $15,575Net Assets 2017: $1,884,5872017Assets 2018: $1,942,814Liabilities 2018: $1,000Net Assets 2018: $1,941,8142018Assets 2019: $2,181,603Liabilities 2019: $2,400Net Assets 2019: $2,179,2032019Assets 2020: $2,172,039Liabilities 2020: $13,339Net Assets 2020: $2,158,7002020Assets 2021: $2,705,791Liabilities 2021: $3,988Net Assets 2021: $2,701,8032021Assets 2022: $3,306,648Liabilities 2022: $3,520Net Assets 2022: $3,303,1282022Assets 2023: $3,313,167Liabilities 2023: $3,805Net Assets 2023: $3,309,3622023Assets 2024: $3,283,423Liabilities 2024: $6,370Net Assets 2024: $3,277,0532024

Highlighted filing

2013

Assets$2,100,827
Liabilities$8,949
Net Assets$2,091,878

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $41,099Expenses 2011: $94,798Net Income 2011: -$53,6992011Revenue 2012: $340,541Expenses 2012: $89,795Net Income 2012: $250,7462012Revenue 2013: $42,851Expenses 2013: $221,936Net Income 2013: -$179,0852013Revenue 2014: $97,992Expenses 2014: $113,363Net Income 2014: -$15,3712014Revenue 2015: $103,736Expenses 2015: $161,851Net Income 2015: -$58,1152015Revenue 2016: $75,441Expenses 2016: $135,280Net Income 2016: -$59,8392016Revenue 2017: $85,634Expenses 2017: $199,300Net Income 2017: -$113,6662017Revenue 2018: $262,909Expenses 2018: $150,652Net Income 2018: $112,2572018Revenue 2019: $230,245Expenses 2019: $158,637Net Income 2019: $71,6082019Revenue 2020: $143,096Expenses 2020: $187,802Net Income 2020: -$44,7062020Revenue 2021: $723,623Expenses 2021: $180,520Net Income 2021: $543,1032021Revenue 2022: $1,193,424Expenses 2022: $592,099Net Income 2022: $601,3252022Revenue 2023: $135,349Expenses 2023: $259,668Net Income 2023: -$124,3192023Revenue 2024: $129,882Expenses 2024: $239,678Net Income 2024: -$109,7962024

Highlighted filing

2013

Revenue$42,851
Expenses$221,936
Net Income-$179,085
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 20, 2014
Return Version
2013v3.1
Gross Receipts
$70,420
Mission and Program Overview

Mission

The lowry foundation preserves the legacy and spirit of lowry through the conservation of the eisenhower chapel and public art throughout the community.

The lowry foundation enriches the quality of life and spaces at lowry through programs of artistic, cultural, educational, historic, recreational and scientific value. Our efforts complement those of the lowry community master association and other lowry organizations, and broaden the base of financial and volunteer support for the enhancement of community life and spaces. At the heart of lowry, we maintain the historic eisenhower chapel.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$842,583$938,814▲ $96,231
Land, Buildings, and Equipment, Net$954,912$918,867▼ $36,045
Pledges and Grants Receivable$135,716$0▼ $135,716
Cash and Non-Interest-Bearing Accounts$9,143$20,459▲ $11,316
Accounts Receivable$2,250$3,687▲ $1,437
Savings and Temporary Cash Investments-$0-
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$2,163,604$2,100,827▼ $62,777
Other Assets Total$219,000$219,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$7,968$8,949▲ $981
Total Liabilities$7,968$8,949▲ $981
Net Assets / Fund Balance
Unrestricted Net Assets$1,673,499$1,784,330▲ $110,831
Temporarily Rstr Net Assets$482,137$307,548▼ $174,589
Total Net Assets Fund Balance$2,155,636$2,091,878▼ $63,758
Total Liabilities and Net Assets / Fund Balance$2,163,604$2,100,827▼ $62,777

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$916,826$241,120$1,157,946
Other Land Buildings$1,428$4,329$5,757
Equipment$613$1,225$1,838
Other Assets Org$219,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$842,583-▲ $129,934$33,703$938,814
2012$500,131$300,000▲ $62,264$19,812$842,583
2011$533,008-▼ $4,613$28,264$500,131
2010$492,525-▲ $44,620$4,137$533,008
2009$408,753-▲ $83,772-$492,525
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris FranksPresident
Ann TorgersonDirector
Ann WeiDirector
Chuck WoodwardDirector
Helen HandDirector
Jason SimmonsDirector
Jessica RoeDirector
Jim GrilloDirector
Jim LuscheDirector
Joy LucisanoDirector
Katharine RobersonDirector
Makala HubbellDirector
Patricia VaughanDirector
Sally KurtzmanDirector
Sandy HittmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$17,896
Program Service Revenue
$0
Investment Income
$23,449
Other Revenue
$1,506
All Other Contributions
$17,896
Change in Net Assets
$-179,085
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$214,286
Grants and Similar Amounts Paid$7,650
Total Fundraising Expense$110
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$37,032$490$110$37,632
Fees for Services Management-$12,747-$12,747
Fees for Service Investment Mgmnt Fees-$8,843-$8,843
Grants to Domestic Orgs$7,650--$7,650
Fees for Services Accounting-$7,250-$7,250
Insurance-$3,399-$3,399
Office Expenses$27$2,553-$2,580
Other Expenses$494--$494
All Other Expenses$300--$300
Fees for Services Other$214--$214
Advertising-$150-$150
Total Functional Expenses$186,394$35,432$110$221,936
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Colorado Free UniversityOwner on BodRental AgentYes$15,788

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
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Part VI, Line 11B: Form 990 Review Process

The board of directors receive a draft copy of the irs form 990 via email. The board can submit comments or questions based on their review prior to the return filing date.

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

A conflict of interest policy is reviewed with each new board member during orientation and is updated annually by each board member. A member with a conflict is asked to abstain from participating in the discussions or vote on the particular transaction. Board minutes provide documentation of compliance.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The organization does not currently have an executive director. Instead, board members carry out many of the duties and functions, with a contractor compensated on a hourly basis assisting. The board reviews this position annually for the purpose of compensation.

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

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

FORM 990 PART VII SECTION A LINE 1A

The organization does not currently have any employees. Thus, no w-2s were filed for 2013.

Filing and Contact Details

Filer

EIN
84-1439521
Phone
3033440184

Signing Officer

Name
Sandy Hittman
Title
Treasurer
Signed
2014-05-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandy Hittman
Formed
1998
Legal Domicile
Co
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
20

Preparer

Preparer
Jennifer Ross
Phone
3032611016
Supplemental Narrative

Financial Statement Notes

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

The board designated endowment is to accumulate resources to ensure the long-term financial stability of the foundation.

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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/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13President
IRS990/Form990PartVIISectionAGrp/TitleTxt14Treasurer
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IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MissionDesc0THE LOWRY FOUNDATION ENRICHES THE QUALITY OF LIFE AND SPACES AT LOWRY THROUGH PROGRAMS OF ARTISTIC, CULTURAL, EDUCATIONAL, HISTORIC, RECREATIONAL AND SCIENTIFIC VALUE. OUR EFFORTS COMPLEMENT THOSE OF THE LOWRY COMMUNITY MASTER ASSOCIATION AND OTHER LOWRY ORGANIZATIONS, AND BROADEN THE BASE OF FINANCIAL AND VOLUNTEER SUPPORT FOR THE ENHANCEMENT OF COMMUNITY LIFE AND SPACES. AT THE HEART OF LOWRY, WE MAINTAIN THE HISTORIC EISENHOWER CHAPEL.
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IRS990/NetAssetsOrFundBalancesEOYAmt02091878
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt01506
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IRS990/OtherAssetsTotalGrp/BOYAmt0219000
IRS990/OtherAssetsTotalGrp/EOYAmt0219000
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
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IRS990/OtherExpensesGrp/Desc1PUBLIC SPACE MAINTENANCE
IRS990/OtherExpensesGrp/Desc2TRANSIT & COMMUNITY ART MAINT.
IRS990/OtherExpensesGrp/Desc3SUPPLIES
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IRS990/OtherExpensesGrp/ProgramServicesAmt12487
IRS990/OtherExpensesGrp/ProgramServicesAmt22474
IRS990/OtherExpensesGrp/ProgramServicesAmt3494
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IRS990/OtherExpensesGrp/TotalAmt12487
IRS990/OtherExpensesGrp/TotalAmt22474
IRS990/OtherExpensesGrp/TotalAmt3494
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0SANDY HITTMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0MAINTENANCE OF THE HISTORIC EISENHOWER CHAPEL AT THE HEART OF LOWRY AS A MEETING PLACE AND EVENT CENTER FOR THE COMMUNITY. THE CHAPEL IS AVAILABLE TO RENT FOR WEDDINGS AND OTHER EVENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt023552
IRS990/ProgSrvcAccomActy3Grp/Desc0TRANSIT ART PROGRAM TO CONSTRUCT AND MAINTAIN ARTISTIC BUS SHELTERS IN THE LOWRY COMMUNITY.
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0324691
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt07400
IRS990/PYInvestmentIncomeAmt017363
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IRS990/PYOtherExpensesAmt082395
IRS990/PYOtherRevenueAmt0-1513
IRS990/PYRevenuesLessExpensesAmt0250746
IRS990/PYTotalExpensesAmt089795
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IRS990/RentalIncomeOrLossGrp/RealAmt01506
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
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IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt029698
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt045451
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt031654
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0449390
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt052524
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt043647
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt035725
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt025045
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt027310
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0184251
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.70920
IRS990ScheduleA/PublicSupportPY170Pct00.90580
IRS990ScheduleA/PublicSupportTotal170Amt0449390
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0324691
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt029698
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt045451
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt031654
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0449390
IRS990ScheduleA/TotalSupportAmt0633641
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt0219000
IRS990ScheduleD/BuildingsGrp/BookValueAmt0916826
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0241120
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01157946
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0842583
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0938814
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0129934
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt033703
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0500131
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0300000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0842583
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt062264
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt019812

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.28$0.01$3.28$0.13$0.24$0.11
2023Detailed filing. Detailed filing data is available for this year.$3.31$0.00$3.31$0.14$0.26$0.12
2022Detailed filing. Detailed filing data is available for this year.$3.31$0.00$3.30$1.19$0.59$0.60
2021Detailed filing. Detailed filing data is available for this year.$2.71$0.00$2.70$0.72$0.18$0.54
2020Detailed filing. Detailed filing data is available for this year.$2.17$0.01$2.16$0.14$0.19$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$0.23$0.16$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.94$0.00$1.94$0.26$0.15$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.90$0.02$1.88$0.09$0.20$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.93$0.01$1.93$0.08$0.14$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.96$0.01$1.95$0.10$0.16$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.08$0.02$2.06$0.10$0.11$0.02
2013Detailed filing. Detailed filing data is available for this year.$2.10$0.01$2.09$0.04$0.22$0.18
2012Summary only. Only limited summary data is available for this year.$2.16$0.01$2.16$0.34$0.09$0.25
2011Summary only. Only limited summary data is available for this year.$1.86$0.01$1.85$0.04$0.09$0.05