Civic Intelligence

Copas - Colorado

EIN 84-6031558 • 501(c)6 • Denver, CO

Profile

To educate accountants working in the petroleum or petroleum-related industries.

PO Box 44128Denver, CO 80201-4128

www.copascolorado.org

Siviq Scores

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

Liabilities / Assets

56th percentile

0.01x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

70th percentile

0.04x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

95th percentile

47%

Higher net margin than 95% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

58th percentile

2.8%

Faster asset growth than 58% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

8th percentile

-68%

Faster revenue growth than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$331,514

Up $9,041 (+2.8%) from 2020

Liabilities

Down

$2,255

Down $10,325 (-82%) from 2020

Net Assets

Up

$329,259

Up $19,366 (+6.2%) from 2020

Revenue

Down

$57,166

Down $123,463 (-68%) from 2020

Expenses

Down

$30,059

Down $107,899 (-78%) from 2020

Net Income

Down

$27,107

Down $15,564 (-36%) from 2020

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $99,860Liabilities 2011: $28,669Net Assets 2011: $71,1912011Assets 2012: $155,742Liabilities 2012: $8,832Net Assets 2012: $146,9102012Assets 2013: $166,121Liabilities 2013: $1,499Net Assets 2013: $164,6222013Assets 2014: $185,255Liabilities 2014: $0Net Assets 2014: $185,2552014Assets 2015: $211,072Liabilities 2015: $10,000Net Assets 2015: $201,0722015Assets 2016: $190,610Liabilities 2016: $8,000Net Assets 2016: $182,6102016Assets 2017: $235,441Liabilities 2017: $38,112Net Assets 2017: $197,3292017Assets 2018: $266,803Liabilities 2018: $2,207Net Assets 2018: $264,5962018Assets 2019: $302,659Liabilities 2019: $35,683Net Assets 2019: $266,9762019Assets 2020: $322,473Liabilities 2020: $12,580Net Assets 2020: $309,8932020Assets 2021: $331,514Liabilities 2021: $2,255Net Assets 2021: $329,2592021

Highlighted filing

2021

Assets$331,514
Liabilities$2,255
Net Assets$329,259

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $199,757Expenses 2011: $207,989Net Income 2011: -$8,2322011Expenses 2012: $323,6052012Expenses 2013: $263,7662013Revenue 2014: $313,628Expenses 2014: $292,995Net Income 2014: $20,6332014Revenue 2015: $317,084Expenses 2015: $301,267Net Income 2015: $15,8172015Revenue 2016: $266,365Expenses 2016: $284,827Net Income 2016: -$18,4622016Revenue 2017: $221,823Expenses 2017: $207,104Net Income 2017: $14,7192017Revenue 2018: $327,720Expenses 2018: $260,453Net Income 2018: $67,2672018Revenue 2019: $211,891Expenses 2019: $209,511Net Income 2019: $2,3802019Revenue 2020: $180,629Expenses 2020: $137,958Net Income 2020: $42,6712020Revenue 2021: $57,166Expenses 2021: $30,059Net Income 2021: $27,1072021

Highlighted filing

2021

Revenue$57,166
Expenses$30,059
Net Income$27,107

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 6, 2022
Return Version
2020v4.2
Gross Receipts
$57,166
Mission and Program Overview

Mission

To educate accountants working in the petroleum or petroleum-related industries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$237,668$317,156▲ $79,488
Cash and Non-Interest-Bearing Accounts$77,980$13,838▼ $64,142
Accounts Receivable$6,825$520▼ $6,305
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$322,473$331,514▲ $9,041
Liabilities
Accounts Payable and Accrued Expenses$12,580$2,255▼ $10,325
Total Liabilities$12,580$2,255▼ $10,325
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$307,168$329,259▲ $22,091
Net Assets With Donor Restrictions$2,725$0▼ $2,725
Total Net Assets Fund Balance$309,893$329,259▲ $19,366
Total Liabilities and Net Assets / Fund Balance$322,473$331,514▲ $9,041

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$4,039$4,039
Compensation and Service Providers

Board Members and Trustees

NameTitle
Don ClarkPresident
Kara Van HornVice President
Lauren DavisAt-large Member
Kelly TinneyCommunications Coordinator
Danyelle McclellanMeeting Coordinator
Ken NollschMembership Coordinator
Ian DamsRecords Coordinator
Kevin GileSecretary
Brian GatesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$54,410
Investment Income
$31
Other Revenue
$2,725
Change in Net Assets
$27,107
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$27,059
Grants and Similar Amounts Paid$3,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates---$20,140
Fees for Services Accounting---$4,111
Grants to Domestic Individuals---$3,000
Office Expenses---$1,956
Insurance---$505
Information Technology---$347
Total Functional Expenses$0$0$0$30,059
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Copas-colorado has four different types of memberships. The first type of membership is a regular member. This member is an individual who meets all the eligibility requirements as stated in section 1 of the by-laws. Regular members are entitled to all member privileges. The second type of membership is a regional member. This member is an individual whose normal work place is more than 75 miles from colfax and broadway, denver, co. Regional members are entitled to all member privileges except they must pay the guest fee rate to attend luncheons and other social or educational functions. The third type of membership is a life member. This member is an individual who is a past president of copas-colorado and is retired from employment. A life member pays no membership dues and is entitled to all member privileges. The fourth type of membership is a complimentary member. This member is an individual designated by the board, whose full-time career is teaching at a college or university. A complimentary member pays no membership dues and is entitled to all member privileges.

Form 990, Part VI, Section A, Line 7A

The members of the organization elect the board of directors.

Form 990, Part VI, Section A, Line 7B

Any proposed changes to the by-laws of the organization are subject to approval by a vote of the members.

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

Form 990 is reviewed by the entire board of directors prior to filing.

Form 990, Part VI, Section B, Line 15

The organization does not have employees, therefore no process for determining compensation exists.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are available to the public upon request. The organization does not have a conflict of interest policy.

Filing and Contact Details

Filer

Filer Name
Copas - Colorado
EIN
84-6031558
Phone
7208763637
Address
PO BOX 44128, DENVER, CO 80201-4128

Signing Officer

Name
Sarah Ray
Title
Treasurer
Phone
7208763637
Signed
2022-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Ray
Formed
1960
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Plante & Moran Pllc
Address
8181 E TUFTS AVE SUITE 600, DENVER, CO 80237
Preparer
Dori J Eggett
Phone
3037409400
Raw XML Appendix326 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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPAS-COLORADO HAS FOUR DIFFERENT TYPES OF MEMBERSHIPS. THE FIRST TYPE OF MEMBERSHIP IS A REGULAR MEMBER. THIS MEMBER IS AN INDIVIDUAL WHO MEETS ALL THE ELIGIBILITY REQUIREMENTS AS STATED IN SECTION 1 OF THE BY-LAWS. REGULAR MEMBERS ARE ENTITLED TO ALL MEMBER PRIVILEGES. THE SECOND TYPE OF MEMBERSHIP IS A REGIONAL MEMBER. THIS MEMBER IS AN INDIVIDUAL WHOSE NORMAL WORK PLACE IS MORE THAN 75 MILES FROM COLFAX AND BROADWAY, DENVER, CO. REGIONAL MEMBERS ARE ENTITLED TO ALL MEMBER PRIVILEGES EXCEPT THEY MUST PAY THE GUEST FEE RATE TO ATTEND LUNCHEONS AND OTHER SOCIAL OR EDUCATIONAL FUNCTIONS. THE THIRD TYPE OF MEMBERSHIP IS A LIFE MEMBER. THIS MEMBER IS AN INDIVIDUAL WHO IS A PAST PRESIDENT OF COPAS-COLORADO AND IS RETIRED FROM EMPLOYMENT. A LIFE MEMBER PAYS NO MEMBERSHIP DUES AND IS ENTITLED TO ALL MEMBER PRIVILEGES. THE FOURTH TYPE OF MEMBERSHIP IS A COMPLIMENTARY MEMBER. THIS MEMBER IS AN INDIVIDUAL DESIGNATED BY THE BOARD, WHOSE FULL-TIME CAREER IS TEACHING AT A COLLEGE OR UNIVERSITY. A COMPLIMENTARY MEMBER PAYS NO MEMBERSHIP DUES AND IS ENTITLED TO ALL MEMBER PRIVILEGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE ORGANIZATION ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY PROPOSED CHANGES TO THE BY-LAWS OF THE ORGANIZATION ARE SUBJECT TO APPROVAL BY A VOTE OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT HAVE EMPLOYEES, THEREFORE NO PROCESS FOR DETERMINING COMPENSATION EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TotalLiabilitiesGrp/BOYAmt012580
IRS990/TotalLiabilitiesGrp/EOYAmt02255
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0309893
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0329259
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt054410
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt031
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt057135
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt057166
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0322473
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0331514
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 44128
IRS990/USAddress/CityNm0DENVER
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd0802014128
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.COPASCOLORADO.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH RAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07208763637
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COPAS - COLORADO
ReturnHeader/Filer/BusinessNameControlTxt0COPA
ReturnHeader/Filer/EIN0846031558
ReturnHeader/Filer/PhoneNum07208763637
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 44128
ReturnHeader/Filer/USAddress/CityNm0DENVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd0802014128
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0381357951
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PLANTE & MORAN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08181 E TUFTS AVE SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080237
ReturnHeader/PreparerPersonGrp/PhoneNum03037409400
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DORI J EGGETT
ReturnHeader/ReturnTs02022-05-09T14:26:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SARAH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RAY
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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