Civic Intelligence

Colfax Marathon Partnership Inc

EIN 87-0737183 • 501(c)3 • Denver, CO

Profile

Operation of community marathon event

P O Box 6117Denver, CO 80206-0117

runcolfax.org

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.15x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

52nd percentile

0.08x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

58th percentile

8.7%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

84th percentile

28%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

54th percentile

9.6%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,575,467

Up $345,582 (+28%) from 2024

Liabilities

Up

$231,786

Up $103,037 (+80%) from 2024

Net Assets

Up

$1,343,681

Up $242,545 (+22%) from 2024

Revenue

Up

$2,796,909

Up $244,113 (+9.6%) from 2024

Expenses

Up

$2,554,364

Up $179,839 (+7.6%) from 2024

Net Income

Up

$242,545

Up $64,274 (+36%) from 2024

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2010: $66,105Liabilities 2010: $308,725Net Assets 2010: -$242,6202010Assets 2011: $147,920Liabilities 2011: $291,470Net Assets 2011: -$143,5502011Assets 2012: $413,434Liabilities 2012: $291,270Net Assets 2012: $122,1642012Assets 2013: $854,696Liabilities 2013: $279,895Net Assets 2013: $574,8012013Assets 2014: $275,202Liabilities 2014: $302,257Net Assets 2014: -$27,0552014Assets 2015: $411,292Liabilities 2015: $281,257Net Assets 2015: $130,0352015Assets 2016: $422,868Liabilities 2016: $243,166Net Assets 2016: $179,7022016Assets 2017: $540,641Liabilities 2017: $245,585Net Assets 2017: $295,0562017Assets 2018: $544,011Liabilities 2018: $227,061Net Assets 2018: $316,9502018Assets 2019: $494,497Liabilities 2019: $23,729Net Assets 2019: $470,7682019Assets 2020: $1,089,672Liabilities 2020: $1,233,094Net Assets 2020: -$143,4222020Assets 2022: $595,303Liabilities 2022: $11,982Net Assets 2022: $583,3212022Assets 2024: $1,229,885Liabilities 2024: $128,749Net Assets 2024: $1,101,1362024Assets 2025: $1,575,467Liabilities 2025: $231,786Net Assets 2025: $1,343,6812025

Highlighted filing

2025

Assets$1,575,467
Liabilities$231,786
Net Assets$1,343,681

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $523,9402010Revenue 2011: $787,768Expenses 2011: $688,698Net Income 2011: $99,0702011Revenue 2012: $1,115,532Expenses 2012: $849,818Net Income 2012: $265,7142012Revenue 2013: $1,564,392Expenses 2013: $1,108,168Net Income 2013: $456,2242013Revenue 2014: $1,367,114Expenses 2014: $1,352,514Net Income 2014: $14,6002014Revenue 2015: $1,583,018Expenses 2015: $1,425,928Net Income 2015: $157,0902015Revenue 2016: $1,569,876Expenses 2016: $1,521,209Net Income 2016: $48,6672016Revenue 2017: $1,735,956Expenses 2017: $1,620,602Net Income 2017: $115,3542017Revenue 2018: $1,803,334Expenses 2018: $1,781,440Net Income 2018: $21,8942018Revenue 2019: $2,207,846Expenses 2019: $2,203,712Net Income 2019: $4,1342019Revenue 2020: $46,172Expenses 2020: $660,362Net Income 2020: -$614,1902020Revenue 2022: $3,592,714Expenses 2022: $2,571,671Net Income 2022: $1,021,0432022Revenue 2024: $2,552,796Expenses 2024: $2,374,525Net Income 2024: $178,2712024Revenue 2025: $2,796,909Expenses 2025: $2,554,364Net Income 2025: $242,5452025

Highlighted filing

2025

Revenue$2,796,909
Expenses$2,554,364
Net Income$242,545

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.58$0.23$1.34$2.80$2.55$0.24
2024Detailed filing. Detailed filing data is available for this year.$1.23$0.13$1.10$2.55$2.37$0.18
2022Detailed filing. Detailed filing data is available for this year.$0.60$0.01$0.58$3.59$2.57$1.02
2020Detailed filing. Detailed filing data is available for this year.$1.09$1.23$0.14$0.05$0.66$0.61
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.02$0.47$2.21$2.20$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.54$0.23$0.32$1.80$1.78$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.54$0.25$0.30$1.74$1.62$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.24$0.18$1.57$1.52$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.28$0.13$1.58$1.43$0.16
2014Detailed filing. Detailed filing data is available for this year.$0.28$0.30$0.03$1.37$1.35$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.28$0.57$1.56$1.11$0.46
2012Summary only. Only limited summary data is available for this year.$0.41$0.29$0.12$1.12$0.85$0.27
2011Summary only. Only limited summary data is available for this year.$0.15$0.29$0.14$0.79$0.69$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.31$0.24$0.52
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 9, 2026
Return Version
2024v5.0
Gross Receipts
$2,876,118
Mission and Program Overview

Mission

Operation of community marathon event

To conduct the annual colfax marathon to provide a platform for showcasing the revitalization of colfax avenue and support local charitable organizations

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,218,549$1,564,205▲ $345,656
Rtn Earn Endowment Incm Other Fnds$1,101,136$1,343,681▲ $242,545
Accounts Receivable$554$6,471▲ $5,917
Prepaid Expenses and Deferred Charges$6,991$1,000▼ $5,991
Total Assets$1,229,885$1,575,467▲ $345,582
Other Assets Total$3,791$3,791→ $0
Liabilities
Accounts Payable and Accrued Expenses$96,341$205,286▲ $108,945
Other Liabilities$32,408$26,500▼ $5,908
Total Liabilities$128,749$231,786▲ $103,037
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,101,136$1,343,681▲ $242,545
Total Liabilities and Net Assets / Fund Balance$1,229,885$1,575,467▲ $345,582

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$8,318$8,318
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris HerndonChair
Carolina FloresDirector
Chelsea GoodmenDirector
Darrell WatsonDirector
Donna UpsonDirector
Evelyn BakerDirector
JOEL O'HAIRDirector
Jimmy JohnsonDirector
Jolon ClarkDirector
Mizraim CorderoDirector
Patrick RizzoDirector
Patrick WaltonDirector
Ryan CastleDirector
Allysen SantilliCity Represe
Zachary D DetraPrevious-CHA
Tate CarpenterSecretary
Eric GutknechtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,640
Program Service Revenue
$2,632,004
Investment Income
$53,833
Other Revenue
$107,432
All Other Contributions
$3,640
Change in Net Assets
$242,545
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,335,765
Salaries, Compensation, and Employee Benefits$218,599
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$274,008--$274,008
Other Salaries and Wages$218,599--$218,599
Other Expenses$143,304--$143,304
All Other Expenses$103,404$516-$103,920
Occupancy$71,750--$71,750
Total Functional Expenses$2,553,848$516$0$2,554,364
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$22,776
Fly Feet Restricted$1,991
Payroll Liabilities$1,733
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI

Form 990, part vi, line 4 - significant change to organizational document amended bylaws were filed in april 2014 to allow non-voting member to have voting rights in the case of the appointment of a board member. Form 990, part vi, line 15a - compensation process for top officials an annual review is performed after each race for the upcoming fiscal year. Compensation is reviewed by the executive committee and then by the board for final approval. Form 990, part vi, line 19 - governing documents disclosure explanations documents are not made available to the public.

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by executive committee of the board along with the accountant and executive director. Comments are made regarding adustments to the form 990. The executive committee then recommends final approval to the board.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Colfax Marathon Partnership Inc
EIN
87-0737183
Phone
3035876676
Address
P O BOX 6117, DENVER, CO 80206-0117

Signing Officer

Name
Eric Gutknecht
Title
Treasurer
Phone
3035876676
Signed
2026-02-09

Organization Details

Principal Officer
Eric Gutknecht
Formed
2004
Legal Domicile
Co
Voting Board Members
17
Independent Board Members
17
Employees
2
Volunteers
2,000

Preparer

Firm
Colwell & Company Inc
Address
5728 S GALLUP ST, LITTLETON, CO 80120-1622
Preparer
Robert D Colwell
Phone
3033479402
Supplemental Narrative

Additional Explanations

Form 990, Part III

Form 990 - organization's mission or most significant activities to promote awareness and education of health and physical fitness to the general population, to raise and contribute funds to charitable organizations, and to promote economic development on colfax avenue in an effort to combat community deterioration and improve the overall vitality of blighted neighborhoods along the three-city colfax avenue corridor. Form 990 - organization's mission to promote awareness and education of health and physical fitness to the general population, to raise and contribute funds to charitable organizations, and to promote economic development on colfax avenue in an effort to combat community deterioration and improve the overall vitality of blighted neighborhoods along the three-city colfax avenue corridor.

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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/ReportOtherLiabilitiesInd0true
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01024
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0109
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt093
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt067040
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 - ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES TO PROMOTE AWARENESS AND EDUCATION OF HEALTH AND PHYSICAL FITNESS TO THE GENERAL POPULATION, TO RAISE AND CONTRIBUTE FUNDS TO CHARITABLE ORGANIZATIONS, AND TO PROMOTE ECONOMIC DEVELOPMENT ON COLFAX AVENUE IN AN EFFORT TO COMBAT COMMUNITY DETERIORATION AND IMPROVE THE OVERALL VITALITY OF BLIGHTED NEIGHBORHOODS ALONG THE THREE-CITY COLFAX AVENUE CORRIDOR. FORM 990 - ORGANIZATION'S MISSION TO PROMOTE AWARENESS AND EDUCATION OF HEALTH AND PHYSICAL FITNESS TO THE GENERAL POPULATION, TO RAISE AND CONTRIBUTE FUNDS TO CHARITABLE ORGANIZATIONS, AND TO PROMOTE ECONOMIC DEVELOPMENT ON COLFAX AVENUE IN AN EFFORT TO COMBAT COMMUNITY DETERIORATION AND IMPROVE THE OVERALL VITALITY OF BLIGHTED NEIGHBORHOODS ALONG THE THREE-CITY COLFAX AVENUE CORRIDOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART VI, LINE 4 - SIGNIFICANT CHANGE TO ORGANIZATIONAL DOCUMENT AMENDED BYLAWS WERE FILED IN APRIL 2014 TO ALLOW NON-VOTING MEMBER TO HAVE VOTING RIGHTS IN THE CASE OF THE APPOINTMENT OF A BOARD MEMBER. FORM 990, PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIALS AN ANNUAL REVIEW IS PERFORMED AFTER EACH RACE FOR THE UPCOMING FISCAL YEAR. COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE AND THEN BY THE BOARD FOR FINAL APPROVAL. FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATIONS DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY EXECUTIVE COMMITTEE OF THE BOARD ALONG WITH THE ACCOUNTANT AND EXECUTIVE DIRECTOR. COMMENTS ARE MADE REGARDING ADUSTMENTS TO THE FORM 990. THE EXECUTIVE COMMITTEE THEN RECOMMENDS FINAL APPROVAL TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02796909
IRS990/TotalVolunteersCnt02000
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0CONTINENTAL SAUSAGE
IRS990/USAddress/AddressLine2Txt0911 E 75TH AVE
IRS990/USAddress/CityNm0DENVER
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080229
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0RUNCOLFAX.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC GUTKNECHT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03035876676
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COLFAX MARATHON PARTNERSHIP INC
ReturnHeader/Filer/BusinessNameControlTxt0COLF
ReturnHeader/Filer/EIN0870737183
ReturnHeader/Filer/PhoneNum03035876676
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 6117
ReturnHeader/Filer/USAddress/CityNm0DENVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd0802060117
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0841203309
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COLWELL & COMPANY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05728 S GALLUP ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LITTLETON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0801201622
ReturnHeader/PreparerPersonGrp/PhoneNum03033479402
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT D COLWELL
ReturnHeader/ReturnTs02026-02-13T16:25:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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