Civic Intelligence

Durango Food Bank

990 • Fiscal year 2017 • EIN 84-1569247

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

PO Box 156Durango, CO 81302

(970) 375-2672

Siviq Scores

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

Liabilities / Assets

76th percentile

0.27x

Higher debt load relative to assets than 76% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

77th percentile

0.23x

Higher debt load relative to revenue than 77% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

62nd percentile

$42,833

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

73rd percentile

16%

Faster asset growth than 73% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

75th percentile

26%

Faster revenue growth than 75% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$487,605

Up $66,763 (+16%) from 2016

Net Assets

Up

$357,412

Up $72,466 (+25%) from 2016

Liabilities

Down

$130,193

Down $5,703 (-4.2%) from 2016

Revenue

Up

$555,995

Up $113,599 (+26%) from 2016

Expenses

Up

$484,754

Up $43,117 (+9.8%) from 2016

Net Income

Up

$71,241

Up $70,482 (+9286%) from 2016

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 2010: $409,649Liabilities 2010: $176,633Net Assets 2010: $233,0162010Assets 2011: $455,935Liabilities 2011: $171,860Net Assets 2011: $284,0752011Assets 2012: $438,207Liabilities 2012: $165,571Net Assets 2012: $272,6362012Assets 2013: $451,760Liabilities 2013: $158,229Net Assets 2013: $293,5312013Assets 2014: $457,656Liabilities 2014: $151,102Net Assets 2014: $306,5542014Assets 2015: $429,410Liabilities 2015: $143,663Net Assets 2015: $285,7472015Assets 2016: $420,842Liabilities 2016: $135,896Net Assets 2016: $284,9462016Assets 2017: $487,605Liabilities 2017: $130,193Net Assets 2017: $357,4122017Assets 2018: $572,795Liabilities 2018: $120,594Net Assets 2018: $452,2012018Assets 2019: $596,589Liabilities 2019: $120,909Net Assets 2019: $475,6802019Assets 2020: $1,067,535Liabilities 2020: $102,264Net Assets 2020: $965,2712020Assets 2021: $1,239,895Liabilities 2021: $93,465Net Assets 2021: $1,146,4302021Assets 2022: $1,277,519Liabilities 2022: $0Net Assets 2022: $1,277,5192022Assets 2023: $1,810,189Liabilities 2023: $0Net Assets 2023: $1,810,1892023Assets 2024: $2,016,425Liabilities 2024: $4,849Net Assets 2024: $2,011,5762024

Highlighted filing

2017

Assets$487,605
Liabilities$130,193
Net Assets$357,412

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $344,996Expenses 2010: $278,752Net Income 2010: $66,2442010Revenue 2011: $557,599Expenses 2011: $506,251Net Income 2011: $51,3482011Revenue 2012: $553,948Expenses 2012: $566,372Net Income 2012: -$12,4242012Revenue 2013: $598,791Expenses 2013: $580,126Net Income 2013: $18,6652013Revenue 2014: $598,549Expenses 2014: $585,984Net Income 2014: $12,5652014Revenue 2015: $489,503Expenses 2015: $509,505Net Income 2015: -$20,0022015Revenue 2016: $442,396Expenses 2016: $441,637Net Income 2016: $7592016Revenue 2017: $555,995Expenses 2017: $484,754Net Income 2017: $71,2412017Revenue 2018: $616,201Expenses 2018: $519,017Net Income 2018: $97,1842018Revenue 2019: $474,431Expenses 2019: $453,775Net Income 2019: $20,6562019Revenue 2020: $1,621,362Expenses 2020: $1,142,833Net Income 2020: $478,5292020Revenue 2021: $1,306,872Expenses 2021: $1,129,427Net Income 2021: $177,4452021Revenue 2022: $755,594Expenses 2022: $624,505Net Income 2022: $131,0892022Revenue 2023: $1,798,667Expenses 2023: $1,266,031Net Income 2023: $532,6362023Revenue 2024: $563,592Expenses 2024: $362,205Net Income 2024: $201,3872024

Highlighted filing

2017

Revenue$555,995
Expenses$484,754
Net Income$71,241
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.2
Gross Receipts
$555,995
Mission and Program Overview

Mission

Working in collaboration with our community to feed and empower our neighbors in need.

Working in collaboration with our community to feed and emplower our neighbors in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$223,731$215,990▼ $7,741
Cash and Non-Interest-Bearing Accounts$86,702$121,242▲ $34,540
Savings and Temporary Cash Investments$74,724$75,411▲ $687
Inventories for Sale or Use$30,855$68,014▲ $37,159
Investments Other Securities$4,830$6,948▲ $2,118
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$420,842$487,605▲ $66,763
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$135,896$128,944▼ $6,952
Accounts Payable and Accrued Expenses-$1,249-
Total Liabilities$135,896$130,193▼ $5,703
Net Assets / Fund Balance
Unrestricted Net Assets$284,946$357,412▲ $72,466
Total Net Assets Fund Balance$284,946$357,412▲ $72,466
Total Liabilities and Net Assets / Fund Balance$420,842$487,605▲ $66,763

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$212,636$52,731$265,367
Equipment$3,354$80,174$83,528
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah SmithExecutive DirectorFT$42,833$42,833

Board Members and Trustees

NameTitle
Renea YoungBoard Chair
Angelia CookDirector
Dave HortonDirector
James JonesDirector
Penne FugateSecretary
Michelle SainioTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$553,673
Program Service Revenue
$0
Investment Income
$552
Other Revenue
$1,770
All Other Contributions
$526,303
Change in Net Assets
$71,241

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported Amount
Food Inventory460$386,842
Total Noncash Contributions460$386,842
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$402,146
Salaries, Compensation, and Employee Benefits$82,608
Total Fundraising Expense$2,863
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$32,125$8,567$2,142$42,834
Other Salaries and Wages$29,330--$29,330
Depreciation Depletion$10,692$324-$11,016
Occupancy$10,741--$10,741
Travel$6,444--$6,444
Interest$4,528$1,207$302$6,037
Payroll Taxes$4,044$1,078$270$5,392
Other Employee Benefits$1,230$3,822-$5,052
Insurance$1,880$3,043-$4,923
Office Expenses-$3,997-$3,997
Fees for Services Accounting-$2,469-$2,469
All Other Expenses-$1,105-$1,105
Other Expenses$350,676$539-$539
Advertising--$149$149
Total Functional Expenses$451,690$30,201$2,863$484,754
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

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

A draft of the return is reviewed by the Treasurer and the Executive Director. The Board reviews a draft prior to being finalized.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Annually, the Board of Directors will review the Executive Directors compensation against studies completed in the geographic area in order to establish a sustainable living wage within reality of the Organizations capabilities.

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

The organization makes its governing documents and financial statements available to the public upon request by the public.

990 Part VI Section C Line 18

The Organizations Form 990 is available for the public to view on the GuideStar website at www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Durango Food Bank
EIN
84-1569247
Phone
9703752672
Address
PO Box 156, Durango, CO 81302

Signing Officer

Name
Renea Young
Title
President
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
6
Volunteers
32

Preparer

Firm
FredrickZink & Associates PC CPAs
Address
954 East 2nd Avenue 201, Durango, CO 81301-5111
Preparer
Michelle Sainio
Phone
9702470506
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IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0270
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01078
IRS990/PayrollTaxesGrp/ProgramServicesAmt04044
IRS990/PayrollTaxesGrp/TotalAmt05392
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0441656
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0740
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0372727
IRS990/PYRevenuesLessExpensesAmt0759
IRS990/PYSalariesCompEmpBnftPaidAmt068910
IRS990/PYTotalExpensesAmt0441637
IRS990/PYTotalRevenueAmt0442396
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt071241
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt074724
IRS990/SavingsAndTempCashInvstGrp/EOYAmt075411
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0553673
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0441656
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0489018
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0597142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0598220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02679709
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0552
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0740
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0485
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01408
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0571
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03756
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01770
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01770
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99790
IRS990ScheduleA/PublicSupportPY170Pct00.99870
IRS990ScheduleA/PublicSupportTotal170Amt02679709
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0553673
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0441656
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0489018
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0597142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0598220
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02679709
IRS990ScheduleA/TotalSupportAmt02685235
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0212636
IRS990ScheduleD/BuildingsGrp/DepreciationAmt052731
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0265367
IRS990ScheduleD/EquipmentGrp/BookValueAmt03354
IRS990ScheduleD/EquipmentGrp/DepreciationAmt080174
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt083528
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0215990
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt0460
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt0386842
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A draft of the return is reviewed by the Treasurer and the Executive Director. The Board reviews a draft prior to being finalized.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Annually, the Board of Directors will review the Executive Directors compensation against studies completed in the geographic area in order to establish a sustainable living wage within reality of the Organizations capabilities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization makes its governing documents and financial statements available to the public upon request by the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organizations Form 990 is available for the public to view on the GuideStar website at www.guidestar.org.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3990 Part VI Section C Line 18
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0420842
IRS990/TotalAssetsEOYAmt0487605
IRS990/TotalAssetsGrp/BOYAmt0420842
IRS990/TotalAssetsGrp/EOYAmt0487605
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0553673
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02863
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030201
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0451690
IRS990/TotalFunctionalExpensesGrp/TotalAmt0484754
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0135896
IRS990/TotalLiabilitiesEOYAmt0130193
IRS990/TotalLiabilitiesGrp/BOYAmt0135896
IRS990/TotalLiabilitiesGrp/EOYAmt0130193
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0284946
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0357412
IRS990/TotalProgramServiceExpensesAmt0451690
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt042833
IRS990/TotalRevenueGrp/ExclusionAmt0552
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01770
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0555995
IRS990/TotalVolunteersCnt032
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0420842
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0487605
IRS990/TravelGrp/ProgramServicesAmt06444
IRS990/TravelGrp/TotalAmt06444

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.02$0.00$2.01$0.56$0.36$0.20
2023Summary only. Only limited summary data is available for this year.$1.81$0.00$1.81$1.80$1.27$0.53
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.00$1.28$0.76$0.62$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.09$1.15$1.31$1.13$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.10$0.97$1.62$1.14$0.48
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.12$0.48$0.47$0.45$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.12$0.45$0.62$0.52$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.49$0.13$0.36$0.56$0.48$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.14$0.28$0.44$0.44$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.43$0.14$0.29$0.49$0.51$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.46$0.15$0.31$0.60$0.59$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.45$0.16$0.29$0.60$0.58$0.02
2012Summary only. Only limited summary data is available for this year.$0.44$0.17$0.27$0.55$0.57$0.01
2011Summary only. Only limited summary data is available for this year.$0.46$0.17$0.28$0.56$0.51$0.05
2010Summary only. Only limited summary data is available for this year.$0.41$0.18$0.23$0.34$0.28$0.07