Civic Intelligence

Salazar Family Foundation

EIN 84-1527129 • 501(c)3 • Denver, CO

Profile

Grants to specified charities

150 E 10th AveDenver, CO 80203

n/A

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.00x

Higher debt load relative to assets than 3% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

4th percentile

0.00x

Higher debt load relative to revenue than 4% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

3rd percentile

-66%

Higher net margin than 3% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

8th percentile

$74,167

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

23rd percentile

-1.1%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-77%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Down

$68,157,093

Down $769,449 (-1.1%) from 2023

Liabilities

Up

$401

Up $391 (+3910%) from 2023

Net Assets

Down

$68,156,692

Down $769,840 (-1.1%) from 2023

Revenue

Down

$1,499,552

Down $5,096,809 (-77%) from 2023

Expenses

Up

$2,486,889

Up $609,150 (+32%) from 2023

Net Income

Down

-$987,337

Down $5,705,959 (-121%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $25,124,749Liabilities 2010: $0Net Assets 2010: $25,124,7492010Assets 2011: $25,125,000Liabilities 2011: $0Net Assets 2011: $25,125,0002011Assets 2012: $24,512,032Liabilities 2012: $0Net Assets 2012: $24,512,0322012Assets 2013: $26,210,934Liabilities 2013: $0Net Assets 2013: $26,210,9342013Assets 2014: $25,452,862Liabilities 2014: $0Net Assets 2014: $25,452,8622014Assets 2015: $25,309,400Liabilities 2015: $0Net Assets 2015: $25,309,4002015Assets 2016: $25,750,941Liabilities 2016: $140,015Net Assets 2016: $25,610,9262016Assets 2017: $25,739,329Liabilities 2017: $0Net Assets 2017: $25,739,3292017Assets 2018: $26,403,368Liabilities 2018: $0Net Assets 2018: $26,403,3682018Assets 2019: $26,328,735Liabilities 2019: $0Net Assets 2019: $26,328,7352019Assets 2020: $28,565,625Liabilities 2020: $0Net Assets 2020: $28,565,6252020Assets 2021: $66,556,881Liabilities 2021: $0Net Assets 2021: $66,556,8812021Assets 2022: $64,418,481Liabilities 2022: $46,313Net Assets 2022: $64,372,1682022Assets 2023: $68,926,542Liabilities 2023: $10Net Assets 2023: $68,926,5322023Assets 2024: $68,157,093Liabilities 2024: $401Net Assets 2024: $68,156,6922024

Highlighted filing

2024

Assets$68,157,093
Liabilities$401
Net Assets$68,156,692

Operations Trend

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

$40M$20M$0-$20MExpenses 2010: $200,8112010Revenue 2011: $1,985,539Expenses 2011: $301,288Net Income 2011: $1,684,2512011Revenue 2012: -$134,190Expenses 2012: $478,778Net Income 2012: -$612,9682012Expenses 2013: $415,3242013Revenue 2014: $248,579Expenses 2014: $1,006,651Net Income 2014: -$758,0722014Revenue 2015: $867,424Expenses 2015: $1,010,882Net Income 2015: -$143,4582015Revenue 2016: $1,813,937Expenses 2016: $1,512,411Net Income 2016: $301,5262016Revenue 2017: $1,777,305Expenses 2017: $1,713,671Net Income 2017: $63,6342017Revenue 2018: $2,142,285Expenses 2018: $1,659,228Net Income 2018: $483,0572018Revenue 2019: $1,345,305Expenses 2019: $1,618,089Net Income 2019: -$272,7842019Revenue 2020: $3,763,712Expenses 2020: $1,613,950Net Income 2020: $2,149,7622020Revenue 2021: $39,590,347Expenses 2021: $1,671,756Net Income 2021: $37,918,5912021Revenue 2022: $182,209Expenses 2022: $1,981,510Net Income 2022: -$1,799,3012022Revenue 2023: $6,596,361Expenses 2023: $1,877,739Net Income 2023: $4,718,6222023Revenue 2024: $1,499,552Expenses 2024: $2,486,889Net Income 2024: -$987,3372024

Highlighted filing

2024

Revenue$1,499,552
Expenses$2,486,889
Net Income-$987,337

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$68.2$0.00$68.2$1.50$2.49$0.99
2023Detailed filing. Detailed filing data is available for this year.$68.9$0.00$68.9$6.60$1.88$4.72
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.4$0.05$64.4$0.18$1.98$1.80
2021Detailed filing. Detailed filing data is available for this year.$66.6$0.00$66.6$39.6$1.67$37.9
2020Detailed filing. Detailed filing data is available for this year.$28.6$0.00$28.6$3.76$1.61$2.15
2019Detailed filing. Detailed filing data is available for this year.$26.3$0.00$26.3$1.35$1.62$0.27
2018Detailed filing. Detailed filing data is available for this year.$26.4$0.00$26.4$2.14$1.66$0.48
2017Detailed filing. Detailed filing data is available for this year.$25.7$0.00$25.7$1.78$1.71$0.06
2016Detailed filing. Detailed filing data is available for this year.$25.8$0.14$25.6$1.81$1.51$0.30
2015Detailed filing. Detailed filing data is available for this year.$25.3$0.00$25.3$0.87$1.01$0.14
2014Summary only. Only limited summary data is available for this year.$25.5$0.00$25.5$0.25$1.01$0.76
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.2$0.00$26.2$0.42
2012Summary only. Only limited summary data is available for this year.$24.5$0.00$24.5$0.13$0.48$0.61
2011Summary only. Only limited summary data is available for this year.$25.1$0.00$25.1$1.99$0.30$1.68
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.1$0.00$25.1$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Dec 1, 2023 to Nov 30, 2024
Signed
Jul 17, 2025
Return Version
2023v6.0
Gross Receipts
$2,042,459
Mission and Program Overview

Mission

Grants to specified charities

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$40,360,906$39,591,066▼ $769,840
Investments Other Securities$18,598,575$37,656,398▲ $19,057,823
Savings and Temporary Cash Investments$49,986,844$30,228,779▼ $19,758,065
Cap Stk Tr Prin Current Funds$28,565,626$28,565,626→ $0
Land, Buildings, and Equipment, Net$237,782$169,666▼ $68,116
Intangible Assets$29,689$27,556▼ $2,133
Cash and Non-Interest-Bearing Accounts$20,507$21,549▲ $1,042
Total Assets$68,926,542$68,157,093▼ $769,449
Other Assets Total$53,145$53,145→ $0
Liabilities
Other Liabilities$10$401▲ $391
Total Liabilities$10$401▲ $391
Net Assets / Fund Balance
Total Net Assets Fund Balance$68,926,532$68,156,692▼ $769,840
Total Liabilities and Net Assets / Fund Balance$68,926,542$68,157,093▼ $769,449

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$168,698$215,102$383,800
Equipment$968$1,050$2,018
Other Securities$16,000,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carmen MendozaExecutive DirectorPT$74,167$74,167

Board Members and Trustees

NameTitle
Lola a SalazarPresident, Director
Claire TobinDirector
Jessica Nunez-hernandezDirector
Nicole MarquezDirector
V Robert SalazarDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,746,944
Other Revenue
$-247,392
Change in Net Assets
$-987,337
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,400,000
Other Expenses$880,342
Salaries, Compensation, and Employee Benefits$206,547
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,400,000--$1,400,000
Occupancy-$182,787-$182,787
Depreciation Depletion-$146,600-$146,600
Other Salaries and Wages-$115,491-$115,491
Current Officers, Directors, Trustees, and Key Employees-$74,167-$74,167
Office Expenses-$21,002-$21,002
Conferences and Meetings-$14,965-$14,965
Payroll Taxes-$14,789-$14,789
Fees for Services Legal-$10,029-$10,029
Fees for Services Accounting-$2,611-$2,611
Pension Plan Contributions-$2,100-$2,100
Travel-$1,428-$1,428
Other Expenses-$1,418-$1,418
Insurance-$1,305-$1,305
All Other Expenses-$45-$45
Total Functional Expenses$1,400,000$1,086,889$0$2,486,889
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Denver FoundationDenver, CO-Supported Organization$1,200,000
Warren VillageDenver, CO-Supported Organization$150,000
Horizons Colorado at Colorado AcademyDenver, CO-Supported Organization$50,000
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
-Owner Is a DirectorOffice Rent PaidNo$161,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$401
Due to CSC-
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 35% controlled entity
No
Business relationship with family members
No
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, Section B, Line 12C

Conflict of interest policy. The board openly discusses any potential conflicts of interest at each of the board meetings

Form 990, Part VI, Section C, Line 19

Availability of required documents. The organization has required documents on file and available upon request at the organizations address as well as the website guidestar.com

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

Review of form 990. The form 990 is reviewed by a committee appointed by the board of directors.

Form 990, Part VI, Section B, Line 15B

Officer/director compensation. Compension of officers and/or directors are to be discussed at the board of directors meetings. No compensation was paid to the board of directors this fiscal year. The executive director received 56,561 this fiscal year.

Form 990, Part VI, Section A, Line 2

Family relationship. Directors v. Robert salazar and lola salazar are husband and wife.

Filing and Contact Details

Filer

Filer Name
Salazar Family Foundation
EIN
84-1527129
Phone
3039893900
Address
150 E 10th Ave, Denver, CO 80203

Signing Officer

Name
Lola a Salazar
Title
President
Phone
3039893900
Signed
2025-07-17
Discuss with paid preparer
Yes

Organization Details

Formed
1999
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
3

Preparer

Firm
Crowe LLP
Address
1801 California Street Suite 2200, Denver, CO 80202
Preparer
Conrad Davis
Phone
3038315000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

217,549 book/tax difference on k-1 central street investors llc.

Raw XML AppendixShowing 400 of 677 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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IRS990/SavingsAndTempCashInvstGrp/EOYAmt030228779
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Part IV Section A Line 5a THE BOARD OF DIRECTORS VOTED TO REPLACE ESCUELA DE GUADALUPE 31-1652842 WITH HORIZONS COLORADO AT COLORADO ACADEMY 84-0421874 EFFECTIVE 11/21/2024. THE ARTICLES OF INCORPORATION WAS AMENDED ON 1/9/2025.
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0DENVER FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1HORIZONS COLORADO AT COLORADO ACADEMY
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/OtherSecuritiesGrp/Desc2SFF REALTY INVESTORS LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc3SFF REAL ESTATE INVESTMENTS LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc4CENTRAL HARVEST INVESTORS LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc5CENTRAL ST INV II LLC
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IRS990ScheduleD/OtherSecuritiesGrp/Desc7CHM-RE LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc8LITIGATION LENDER LLC dba SFF-BM INVESTORS
IRS990ScheduleD/OtherSecuritiesGrp/Desc9FOX STREET INVESTMENT LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc10CT REALTY
IRS990ScheduleD/OtherSecuritiesGrp/Desc11SNB HOLDINGS I
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IRS990ScheduleD/OtherSecuritiesGrp/Desc13SF WAM INVESTORS LLC
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1WARREN VILLAGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2HORIZONS COLORADO AT COLORADO ACADEMY
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IRS990ScheduleI/RecipientTable/RecipientEIN2840421874
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt055 MADISON ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11323 GILPIN ST 1301
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt23800 S PIERCE ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DENVER
IRS990ScheduleI/RecipientTable/USAddress/CityNm1DENVER
IRS990ScheduleI/RecipientTable/USAddress/CityNm2DENVER
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CO
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0EACH SUPPORTING ORGANIZATION PROVIDES REGULAR UPDATES ON THE USE OF THEIR GRANT FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/TotalOtherOrgCnt03

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