Civic Intelligence

Fulcrum Foundation

990PF • Fiscal year 2022 • EIN 84-1547584

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 29, 2023

8822 South Ridgeline Blvd 250Highlands Ranch, CO 80129

(720) 880-5672

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

29th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • $1M-$5M nonprofits • Source year 2022

Net Margin

9th percentile

-85%

Higher net margin than 9% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2022 filings • $1M-$5M nonprofits • Source year 2022

Asset Growth

36th percentile

-3.5%

Faster asset growth than 36% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

6th percentile

-73%

Faster revenue growth than 6% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,975,929

Down $70,964 (-3.5%) from 2021

Net Assets

Down

$1,975,929

Down $70,964 (-3.5%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$83,610

Down $229,109 (-73%) from 2021

Expenses

Up

$154,574

Up $26,675 (+21%) from 2021

Net Income

Down

-$70,964

Down $255,784 (-138%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,430,678Liabilities 2011: $02011Assets 2012: $1,393,633Liabilities 2012: $02012Assets 2013: $1,317,313Liabilities 2013: $02013Assets 2014: $1,350,592Liabilities 2014: $02014Assets 2015: $1,717,606Liabilities 2015: $02015Assets 2017: $1,830,594Liabilities 2017: $0Net Assets 2017: $1,830,5942017Assets 2018: $1,902,106Liabilities 2018: $0Net Assets 2018: $1,902,1062018Assets 2019: $1,927,789Liabilities 2019: $0Net Assets 2019: $1,927,7892019Assets 2020: $1,862,073Liabilities 2020: $0Net Assets 2020: $1,862,0732020Assets 2021: $2,046,893Liabilities 2021: $0Net Assets 2021: $2,046,8932021Assets 2022: $1,975,929Liabilities 2022: $0Net Assets 2022: $1,975,9292022Assets 2023: $1,917,677Liabilities 2023: $0Net Assets 2023: $1,917,6772023Assets 2024: $2,051,429Liabilities 2024: $0Net Assets 2024: $2,051,4292024

Highlighted filing

2022

Assets$1,975,929
Liabilities$0
Net Assets$1,975,929

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $62,922Expenses 2011: $95,190Net Income 2011: -$32,2682011Revenue 2012: $160,049Expenses 2012: $201,414Net Income 2012: -$41,3652012Revenue 2013: $94,433Expenses 2013: $155,472Net Income 2013: -$61,0392013Revenue 2014: $182,464Expenses 2014: $153,278Net Income 2014: $29,1862014Revenue 2015: $402,189Expenses 2015: $37,089Net Income 2015: $365,1002015Revenue 2017: $109,529Expenses 2017: $30,160Net Income 2017: $79,3692017Revenue 2018: $101,185Expenses 2018: $29,673Net Income 2018: $71,5122018Revenue 2019: $114,331Expenses 2019: $88,648Net Income 2019: $25,6832019Revenue 2020: $67,588Expenses 2020: $133,304Net Income 2020: -$65,7162020Revenue 2021: $312,719Expenses 2021: $127,899Net Income 2021: $184,8202021Revenue 2022: $83,610Expenses 2022: $154,574Net Income 2022: -$70,9642022Revenue 2023: $79,512Expenses 2023: $137,764Net Income 2023: -$58,2522023Revenue 2024: $277,963Expenses 2024: $144,211Net Income 2024: $133,7522024

Highlighted filing

2022

Revenue$83,610
Expenses$154,574
Net Income-$70,964
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 29, 2023
Return Version
2022v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVEN C HALSTEDTDirector / Pres / TreasPT$0--
Filing and Contact Details

Filer

Filer Name
Fulcrum Foundation
EIN
84-1547584
Phone
7208805672
Address
8822 SOUTH RIDGELINE BLVD 250, HIGHLANDS RANCH, CO 80129

Signing Officer

Name
Steven C Halstedt
Title
Director
Phone
7208805672
Signed
2023-08-29
Discuss with paid preparer
Yes

Preparer

Firm
Topel Forman LLC
Address
55 MADISON ST SUITE 650, DENVER, CO 80206
Preparer
Christine Ludwig
Phone
3126420006
Raw XML Appendix350 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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IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd00
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd00
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd01
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd01
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd00
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0KARIN PALAZZO
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt08822 SOUTH RIDGELINE BLVD SUITE 250
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0HIGHLANDS RANCH
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0CO
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd080129
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd00
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd00
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0CO
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PhoneNum07208805672
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd00
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0HTTPS://WWW.FULCRUMFOUNDATION.ORG/
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0NON-SPECIFIC
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0STEVEN C HALSTEDT
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum03034057517
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt08822 SOUTH RIDGELINE BLVD SUITE 250
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0HIGHLANDS RANCH
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0CO
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd080129
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0PREFERENCE FOR NON-PROFIT ORGANIZATIONS LOCATED IN COLORADO THAT ENABLE DISADVANTAGED YOUNG PEOPLE TO ACCESS OPPORTUNITIES FOR GROWTH, SELF-DEVELOPMENT AND SUCCESS.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0NONE
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0STEVEN C HALSTEDT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt0111731
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0GOLDMAN SACHS PHILANTHROPY FUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0PO BOX 15203
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0ALBANY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd0122125203
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0111731
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt012310
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt0111731
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0115453
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0124041
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt00
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt0103143
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt0111731
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0ADVISORY FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt010125
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt010125
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt00
OtherIncomeSchedule2/OtherIncomeDetail/Desc0GOLDMAN SACHS - OTHER INCOME
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt01084
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt01084
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt00
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt10
TaxesSchedule/TaxesDetail/Amt0512
TaxesSchedule/TaxesDetail/Amt17587
TaxesSchedule/TaxesDetail/CategoryTxt0FOREIGN TAXES
TaxesSchedule/TaxesDetail/CategoryTxt1FEDERAL TAXES
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt10
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt0512
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt10
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN C HALSTEDT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07208805672
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FULCRUM FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FULC
ReturnHeader/Filer/EIN0841547584
ReturnHeader/Filer/PhoneNum07208805672
ReturnHeader/Filer/USAddress/AddressLine1Txt08822 SOUTH RIDGELINE BLVD 250
ReturnHeader/Filer/USAddress/CityNm0HIGHLANDS RANCH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080129
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362469413
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TOPEL FORMAN LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt055 MADISON ST SUITE 650
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080206
ReturnHeader/PreparerPersonGrp/PhoneNum03126420006
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINE LUDWIG
ReturnHeader/ReturnTs02023-09-07T16:00:09-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEVEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HALSTEDT
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$0.28$0.14$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.00$1.92$0.08$0.14$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$0.08$0.15$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.00$2.05$0.31$0.13$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.86$0.00$1.86$0.07$0.13$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.00$1.93$0.11$0.09$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.00$1.90$0.10$0.03$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.83$0.00$1.83$0.11$0.03$0.08
2015Summary only. Only limited summary data is available for this year.$1.72$0.00$0.40$0.04$0.37
2014Summary only. Only limited summary data is available for this year.$1.35$0.00$0.18$0.15$0.03
2013Summary only. Only limited summary data is available for this year.$1.32$0.00$0.09$0.16$0.06
2012Summary only. Only limited summary data is available for this year.$1.39$0.00$0.16$0.20$0.04
2011Summary only. Only limited summary data is available for this year.$1.43$0.00$0.06$0.10$0.03