Civic Intelligence

Westcliffe Housing Foundation Inc

EIN 84-1462250 • 501(c)3 • Englewood, CO

Profile

Provide housing to qualified low income and moderate income individuals and families

74 Glenmoor DriveEnglewood, CO 80113

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.05x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

1.70x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

25th percentile

-7.8%

Higher net margin than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

20th percentile

-6.1%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2022

Revenue Growth

42nd percentile

3.4%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2022

Assets

Down

$2,148,150

Down $193,597 (-8.3%) from 2022

Liabilities

Down

$2,308,805

Down $145,721 (-5.9%) from 2022

Net Assets

Down

-$160,655

Down $47,876 (-42%) from 2022

Revenue

Up

$1,462,340

Up $15,620 (+1.1%) from 2022

Expenses

Down

$1,532,901

Down $26,216 (-1.7%) from 2022

Net Income

Up

-$70,561

Up $41,836 (+37%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $3,868,932Liabilities 2011: $4,195,725Net Assets 2011: -$326,7932011Assets 2012: $3,722,273Liabilities 2012: $3,819,233Net Assets 2012: -$96,9602012Assets 2013: $3,780,975Liabilities 2013: $3,743,221Net Assets 2013: $37,7542013Assets 2014: $3,741,274Liabilities 2014: $3,645,950Net Assets 2014: $95,3242014Assets 2015: $3,724,480Liabilities 2015: $3,528,012Net Assets 2015: $196,4682015Assets 2016: $3,312,252Liabilities 2016: $3,131,380Net Assets 2016: $180,8722016Assets 2017: $3,050,211Liabilities 2017: $3,030,620Net Assets 2017: $19,5912017Assets 2018: $2,908,657Liabilities 2018: $2,923,540Net Assets 2018: -$14,8832018Assets 2019: $2,713,699Liabilities 2019: $2,819,015Net Assets 2019: -$105,3162019Assets 2020: $2,653,972Liabilities 2020: $2,719,789Net Assets 2020: -$65,8172020Assets 2021: $2,600,543Liabilities 2021: $2,612,602Net Assets 2021: -$12,0592021Assets 2022: $2,341,747Liabilities 2022: $2,454,526Net Assets 2022: -$112,7792022Assets 2023: $2,148,150Liabilities 2023: $2,308,805Net Assets 2023: -$160,6552023

Highlighted filing

2023

Assets$2,148,150
Liabilities$2,308,805
Net Assets-$160,655

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,130,258Expenses 2011: $1,193,451Net Income 2011: -$63,1932011Revenue 2012: $1,128,449Expenses 2012: $1,043,289Net Income 2012: $85,1602012Revenue 2013: $1,090,323Expenses 2013: $1,002,945Net Income 2013: $87,3782013Revenue 2014: $1,136,681Expenses 2014: $1,139,973Net Income 2014: -$3,2922014Revenue 2015: $1,227,931Expenses 2015: $1,089,847Net Income 2015: $138,0842015Revenue 2016: $1,249,430Expenses 2016: $1,232,570Net Income 2016: $16,8602016Revenue 2017: $1,313,739Expenses 2017: $1,430,587Net Income 2017: -$116,8482017Revenue 2018: $1,370,155Expenses 2018: $1,360,308Net Income 2018: $9,8472018Revenue 2019: $1,373,079Expenses 2019: $1,442,675Net Income 2019: -$69,5962019Revenue 2020: $1,353,853Expenses 2020: $1,315,621Net Income 2020: $38,2322020Revenue 2021: $1,389,551Expenses 2021: $1,336,356Net Income 2021: $53,1952021Revenue 2022: $1,446,720Expenses 2022: $1,559,117Net Income 2022: -$112,3972022Revenue 2023: $1,462,340Expenses 2023: $1,532,901Net Income 2023: -$70,5612023

Highlighted filing

2023

Revenue$1,462,340
Expenses$1,532,901
Net Income-$70,561

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 13, 2024
Return Version
2023v4.0
Gross Receipts
$1,462,340
Mission and Program Overview

Mission

Provide housing to qualified low income and moderate income individuals and families

To provide housing that is affordable for low and moderate income individuals and families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,830,372$1,657,435▼ $172,937
Cash and Non-Interest-Bearing Accounts$187,987$120,668▼ $67,319
Prepaid Expenses and Deferred Charges$41,333$61,793▲ $20,460
Other Notes and Loans Receivable, Net$35,000$25,000▼ $10,000
Accounts Receivable-$5,929-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets-$0-
Rtn Earn Endowment Incm Other Fnds$-112,779$-160,655▼ $47,876
Total Assets$2,341,747$2,148,150▼ $193,597
Other Assets Total$247,055$277,325▲ $30,270
Liabilities
Tax Exempt Bond Liabilities$2,361,650$2,220,114▼ $141,536
Other Liabilities$73,649$79,401▲ $5,752
Accounts Payable and Accrued Expenses$19,227$9,290▼ $9,937
Total Liabilities$2,454,526$2,308,805▼ $145,721
Net Assets / Fund Balance
Total Net Assets Fund Balance$-112,779$-160,655▼ $47,876
Total Liabilities and Net Assets / Fund Balance$2,341,747$2,148,150▼ $193,597

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,353,275$3,623,750$4,977,025
Equipment$0$478,174$478,174
Land$304,160-$304,160
Other Assets Org$264,425--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Barbara L FielderDirector
Frederick a FielderDirector
Paula WillsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,372,458
Investment Income
$5,021
Other Revenue
$84,861
Change in Net Assets
$-70,561

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,300,482
Salaries, Compensation, and Employee Benefits$232,419
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$276,628--$276,628
Depreciation Depletion$195,622--$195,622
Other Salaries and Wages$191,892--$191,892
Insurance$164,919--$164,919
Interest$131,061--$131,061
Payroll Taxes$40,527--$40,527
Office Expenses$24,415--$24,415
Other Expenses$10,944$107,000-$10,944
Fees for Services Accounting$1,400--$1,400
Total Functional Expenses$1,425,901$107,000$0$1,532,901

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,532,901
Expenses per Audited Statements$1,510,216
Total Expenses per Audited Statements$1,510,216
Expenses Not Reported on Financial Statements$22,685
Other Expense Adjustments$22,685
Expenses Not Reported on Form 990$0
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
Security Deposits$52,580
Prepaid Rent$26,821
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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, Part VI, Section A, Line 2

Director fred fielder and directer barbara fielder are husband and wife.

Form 990, Part VI, Section B, Line 11B

Draft of return emailed to directors prior to filing.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of itnerest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Westcliffe Housing Foundation Inc
EIN
84-1462250
Phone
3037893479
Address
74 GLENMOOR DRIVE, ENGLEWOOD, CO 80113

Signing Officer

Name
Frederick a Fielder
Title
Director
Phone
3037893479
Signed
2024-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frederick a Fielder
Formed
1998
Legal Domicile
Co
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Mastin Bergstrom LLC
Address
7373 S ALTON WAY SUITE 100, CENTENNIAL, CO 80112
Preparer
Charles L Mastin Ii
Phone
3032174876
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Book/tax difference in depreciation 22,685.

Financial Statement Notes

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Form 990 tax depreciation less than book depreciation

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Form 990 book depreciation less than tax depreciation

Raw XML Appendix385 raw XML fields

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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IRS990ScheduleD/BuildingsGrp/BookValueAmt01353275
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03623750
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04977025
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0478174
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0478174
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt022685
IRS990ScheduleD/ExpensesSubtotalAmt01510216
IRS990ScheduleD/LandGrp/BookValueAmt0304160
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0304160
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012900
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1264425
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FUND
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherExpensesNotIncludedAmt022685
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt052580
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt126821
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FORM 990 TAX DEPRECIATION LESS THAN BOOK DEPRECIATION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FORM 990 BOOK DEPRECIATION LESS THAN TAX DEPRECIATION
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01657435
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0277325
IRS990ScheduleD/TotalExpensesPerForm990Amt01532901
IRS990ScheduleD/TotalLiabilityAmt079401
IRS990ScheduleD/TotalRevenuePerForm990Amt00
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt00
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01510216
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIRECTOR FRED FIELDER AND DIRECTER BARBARA FIELDER ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DRAFT OF RETURN EMAILED TO DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF ITNEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK/TAX DIFFERENCE IN DEPRECIATION 22,685.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt02361650
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt02220114
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02341747
IRS990/TotalAssetsEOYAmt02148150
IRS990/TotalAssetsGrp/BOYAmt02341747
IRS990/TotalAssetsGrp/EOYAmt02148150
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0107000
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01425901
IRS990/TotalFunctionalExpensesGrp/TotalAmt01532901
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02454526
IRS990/TotalLiabilitiesEOYAmt02308805
IRS990/TotalLiabilitiesGrp/BOYAmt02454526
IRS990/TotalLiabilitiesGrp/EOYAmt02308805
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-112779
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-160655
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01425901
IRS990/TotalProgramServiceRevenueAmt01372458
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01462340
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01462340
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02341747
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02148150
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt074 GLENMOOR DRIVE
IRS990/USAddress/CityNm0ENGLEWOOD
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080113
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FREDERICK A FIELDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03037893479
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESTCLIFFE HOUSING FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0841462250
ReturnHeader/Filer/PhoneNum03037893479
ReturnHeader/Filer/USAddress/AddressLine1Txt074 GLENMOOR DRIVE
ReturnHeader/Filer/USAddress/CityNm0ENGLEWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080113
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0510489783
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MASTIN BERGSTROM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07373 S ALTON WAY SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CENTENNIAL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080112
ReturnHeader/PreparerPersonGrp/PhoneNum03032174876
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES L MASTIN II
ReturnHeader/ReturnTs02024-03-13T10:26:21-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FREDERICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FIELDER
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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