Civic Intelligence

Pikes Peak Area Rotary Endowment

990 • Fiscal year 2019 • EIN 84-6140469

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 04, 2019

PO Box 2272Colorado Springs, CO 80901

(719) 633-6150

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

40th percentile

0.2%

Higher net margin than 40% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

52nd percentile

$3,000

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

48th percentile

2.2%

Faster asset growth than 48% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

45th percentile

1.7%

Faster revenue growth than 45% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$556,083

Up $12,149 (+2.2%) from 2018

Net Assets

Up

$556,083

Up $12,149 (+2.2%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$141,407

Up $2,351 (+1.7%) from 2018

Expenses

Up

$141,138

Up $14,398 (+11%) from 2018

Net Income

Down

$269

Down $12,047 (-98%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $438,630Liabilities 2012: $0Net Assets 2012: $438,6302012Assets 2013: $467,510Liabilities 2013: $0Net Assets 2013: $467,5102013Assets 2014: $501,985Liabilities 2014: $0Net Assets 2014: $501,9852014Assets 2015: $498,450Liabilities 2015: $0Net Assets 2015: $498,4502015Assets 2016: $499,494Liabilities 2016: $0Net Assets 2016: $499,4942016Assets 2017: $516,568Liabilities 2017: $0Net Assets 2017: $516,5682017Assets 2018: $543,934Liabilities 2018: $0Net Assets 2018: $543,9342018Assets 2019: $556,083Liabilities 2019: $0Net Assets 2019: $556,0832019Assets 2020: $555,839Liabilities 2020: $0Net Assets 2020: $555,8392020Assets 2021: $665,237Liabilities 2021: $0Net Assets 2021: $665,2372021Assets 2022: $597,232Liabilities 2022: $0Net Assets 2022: $597,2322022Assets 2023: $609,157Liabilities 2023: $0Net Assets 2023: $609,1572023Assets 2024: $650,681Liabilities 2024: $0Net Assets 2024: $650,6812024Assets 2025: $1,026,563Liabilities 2025: $435Net Assets 2025: $1,026,1282025

Highlighted filing

2019

Assets$556,083
Liabilities$0
Net Assets$556,083

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $139,008Expenses 2012: $126,107Net Income 2012: $12,9012012Revenue 2013: $163,749Expenses 2013: $133,647Net Income 2013: $30,1022013Revenue 2014: $140,674Expenses 2014: $137,630Net Income 2014: $3,0442014Revenue 2015: $177,888Expenses 2015: $131,593Net Income 2015: $46,2952015Revenue 2016: $139,362Expenses 2016: $132,146Net Income 2016: $7,2162016Revenue 2017: $119,933Expenses 2017: $130,337Net Income 2017: -$10,4042017Revenue 2018: $139,056Expenses 2018: $126,740Net Income 2018: $12,3162018Revenue 2019: $141,407Expenses 2019: $141,138Net Income 2019: $2692019Revenue 2020: $143,171Expenses 2020: $143,766Net Income 2020: -$5952020Revenue 2021: $148,532Expenses 2021: $133,555Net Income 2021: $14,9772021Revenue 2022: $177,809Expenses 2022: $142,671Net Income 2022: $35,1382022Revenue 2023: $150,433Expenses 2023: $156,917Net Income 2023: -$6,4842023Revenue 2024: $151,896Expenses 2024: $148,414Net Income 2024: $3,4822024Revenue 2025: $485,748Expenses 2025: $138,965Net Income 2025: $346,7832025

Highlighted filing

2019

Revenue$141,407
Expenses$141,138
Net Income$269
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 4, 2019
Return Version
2018v3.1
Gross Receipts
$187,617
Mission and Program Overview

Mission

To provide funds to nonprofit organizations in the pikes peak region to help further their nonprofit mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$543,934$556,083▲ $12,149
Investments in Publicly Traded Securities$408,588$431,907▲ $23,319
Savings and Temporary Cash Investments$119,931$117,000▼ $2,931
Cash and Non-Interest-Bearing Accounts$13,015$4,776▼ $8,239
Total Assets$543,934$556,083▲ $12,149
Other Assets Total$2,400$2,400→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$543,934$556,083▲ $12,149
Total Liabilities and Net Assets / Fund Balance$543,934$556,083▲ $12,149

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$420,685$1,663▲ $27,847$1,199$428,698
2017$399,888$4,928▲ $28,865-$420,685
2016$377,743$906▲ $36,353-$399,888
2015$372,924$7,822▲ $5,686-$377,743
2014$379,391$5,061▲ $936-$372,924
Compensation and Service Providers

Employees

NameTitleBaseTotal
Lorraine WillisTrustee$3,000$3,000

Board Members and Trustees

NameTitle
Tom TudorChairman
Tony FagnantVice Chair
Dana CapozzellaTrustee
Gretchen DarlingtonTrustee
Jeannie PorterTrustee
John ShawTrustee
Judy CaseyTrustee
Laurel McLeodTrustee
Roger KortTrustee
Willie BreazellTrustee
Ben HugerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$122,414
Program Service Revenue
$0
Investment Income
$15,740
Other Revenue
$3,253
All Other Contributions
$122,414
Change in Net Assets
$269
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$129,465
Other Expenses$11,673
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$129,465--$129,465
Fees for Services Other$4,878$0$0$4,878
Fees for Service Investment Mgmnt Fees$2,920$0$0$2,920
Fees for Services Accounting$0$2,375$0$2,375
Other Expenses$82$0$0$82
Total Functional Expenses$138,763$2,375$0$141,138
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Westside CaresColorado Springs, CO-Charitable$25,000
Community of Caring Cripple CreekCripple Creek, CO-Charitable$9,000
Little Chapel Food PantryDivide, CO-Charitable$9,000
Community Cupboard of Woodland ParkWoodland Park, CO-Charitable$6,250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,550
Fundraising Direct Expenses$300
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Filing and Contact Details

Filer

Filer Name
Pikes Peak Area Rotary Endowment
EIN
84-6140469
Phone
7196336150
Address
PO Box 2272, Colorado Springs, CO 80901

Signing Officer

Name
Tony Fagnant
Title
Chairman
Phone
7196336150
Signed
2019-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tony Fagnant
Formed
1976
Legal Domicile
Co
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
14

Preparer

Firm
Cloutte & Associates PC
Address
620 South Cascade Ave Suite 300, Colorado Springs, CO 80903
Preparer
Graeme Cloutte CPA
Phone
7196336150
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The board of trustees reviews Form 990 prior to filing with the Internal Revenue Service.

Pt VI, Line 19

The financial statements and Form 990 of Pikes Peak Area Rotary Endowment are available for public inspection upon request.

Financial Statement Notes

Pt V, Line 4

Endowment funds are held by Pikes Peak Rotary Endowment to generate income. The income is distributed to nonprofit organizations in the Pikes Peak region to help further their nonprofit mission.

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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Administrative Fee 2014: 116. 2015: 110. 2016: 31. 2017: 75. 2018: 3.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0122414
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0122967
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0114237
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0122880
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0127417
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0609915
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt016965
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt017468
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt012206
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt014760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt06941
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt068340
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt03925
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt04925
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt016965
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt017468
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt012206
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt014760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt06941
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt068340
IRS990ScheduleA/InvestmentIncomeCYPct00.10000
IRS990ScheduleA/InvestmentIncomePYPct00.09550
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt075
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt031
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0110
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0116
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0335
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.89950
IRS990ScheduleA/PublicSupportPY509Pct00.90400
IRS990ScheduleA/PublicSupportTotal509Amt0614840
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0122414
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0122967
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0114237
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0126805
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0128417
IRS990ScheduleA/Total509Grp/TotalAmt0614840
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0683515
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt07333
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0420685
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01663
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0428698
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt012965
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt027847
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt01199
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt04151
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0399888
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt04928
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0420685
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt08845
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt028865
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt06614
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0377743
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0906
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0399888
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt08500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt036353
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt04689
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0372924
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt07822
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0377743
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt04000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05686
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt03464
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0379391
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt05061
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0372924
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt09000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0936
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsContriAmt0120754
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt0116500
IRS990ScheduleD/DonorAdvisedFundsHeldCnt01
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0120187
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.96840
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Endowment funds are held by Pikes Peak Rotary Endowment to generate income. The income is distributed to nonprofit organizations in the Pikes Peak region to help further their nonprofit mission.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.03160
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt09000
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt29000
IRS990ScheduleI/RecipientTable/CashGrantAmt36250
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Charitable
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Charitable
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Charitable
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Charitable
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Little Chapel Food Pantry
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Westside Cares
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Community of Caring Cripple Creek
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Community Cupboard of Woodland Park
IRS990ScheduleI/RecipientTable/RecipientEIN0742484655
IRS990ScheduleI/RecipientTable/RecipientEIN1742354492
IRS990ScheduleI/RecipientTable/RecipientEIN2841481309
IRS990ScheduleI/RecipientTable/RecipientEIN3742395385
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt069 Country Road 5
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11930 W Colorado Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO Box 1587
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO Box 999
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Divide
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Colorado Springs

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.00$1.03$0.49$0.14$0.35
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.00$0.65$0.15$0.15$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.00$0.61$0.15$0.16$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.00$0.60$0.18$0.14$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.00$0.67$0.15$0.13$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.00$0.56$0.14$0.14$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.14$0.14$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.00$0.54$0.14$0.13$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.00$0.52$0.12$0.13$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.14$0.13$0.01
2015Summary only. Only limited summary data is available for this year.$0.50$0.00$0.50$0.18$0.13$0.05
2014Summary only. Only limited summary data is available for this year.$0.50$0.00$0.50$0.14$0.14$0.00
2013Summary only. Only limited summary data is available for this year.$0.47$0.00$0.47$0.16$0.13$0.03
2012Summary only. Only limited summary data is available for this year.$0.44$0.00$0.44$0.14$0.13$0.01