Civic Intelligence

Colfax Marathon Partnership Inc.

990 • Fiscal year 2018 • EIN 87-0737183

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 04, 2019

P O Box 6117Denver, CO 80206-0117

(303) 587-6676

Siviq Scores

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

Liabilities / Assets

77th percentile

0.42x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.13x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

44th percentile

1.2%

Higher net margin than 44% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

80th percentile

$133,759

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

48th percentile

0.6%

Faster asset growth than 48% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

50th percentile

3.9%

Faster revenue growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$544,011

Up $3,370 (+0.6%) from 2017

Net Assets

Up

$316,950

Up $21,894 (+7.4%) from 2017

Liabilities

Down

$227,061

Down $18,524 (-7.5%) from 2017

Revenue

Up

$1,803,334

Up $67,378 (+3.9%) from 2017

Expenses

Up

$1,781,440

Up $160,838 (+9.9%) from 2017

Net Income

Down

$21,894

Down $93,460 (-81%) from 2017

Historical Trend

Balance Sheet Trend

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

$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

2018

Assets$544,011
Liabilities$227,061
Net Assets$316,950

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2018

Revenue$1,803,334
Expenses$1,781,440
Net Income$21,894
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 4, 2019
Return Version
2017v2.3
Gross Receipts
$1,819,631
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$420,385$489,585▲ $69,200
Rtn Earn Endowment Incm Other Fnds$295,056$316,950▲ $21,894
Accounts Receivable$117,499$52,705▼ $64,794
Prepaid Expenses and Deferred Charges$1,607$571▼ $1,036
Total Assets$540,641$544,011▲ $3,370
Other Assets Total$1,150$1,150→ $0
Liabilities
Other Liabilities$176,670$175,113▼ $1,557
Accounts Payable and Accrued Expenses$68,915$51,948▼ $16,967
Total Liabilities$245,585$227,061▼ $18,524
Net Assets / Fund Balance
Total Net Assets Fund Balance$295,056$316,950▲ $21,894
Total Liabilities and Net Assets / Fund Balance$540,641$544,011▲ $3,370

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$3,307-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Andrea DowdyCEOFT$133,759$133,759

Board Members and Trustees

NameTitle
Chris PiperChairman
Julia RichmanVice-chair
Alexis SgourosDirector
Chris HerndonDirector
Emily BiedermanDirector
Evelyn BakerDirector
Mizraim CorderoDirector
Nate GordonDirector
Patrick RizzoDirector
Sara Thompson CassidyDirector
Anthony AragonCity Represe
Tim EricksonCity Represe
Vanessa ZarateCity Represe
Peter SchwartzPrevious Boa
Carrie AtiyehSecretary
Eric GutknechtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$342,500
Program Service Revenue
$1,392,656
Investment Income
$277
Other Revenue
$67,901
All Other Contributions
$342,500
Change in Net Assets
$21,894
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,610,631
Salaries, Compensation, and Employee Benefits$170,809
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$210,219--$210,219
All Other Expenses$188,188$915-$189,103
Other Salaries and Wages$170,809--$170,809
Other Expenses$98,418--$98,418
Occupancy$68,084--$68,084
Total Functional Expenses$1,780,525$915$0$1,781,440
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
City of Lakewood$90,690
City of Aurora$65,143
Loan - Dn$10,000
Unearned Revenue$9,280
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
Chris Piper
Title
Chairman
Phone
3035876676
Signed
2019-02-04

Organization Details

Principal Officer
Chris Piper
Formed
2004
Legal Domicile
Co
Voting Board Members
16
Independent Board Members
16
Employees
2
Volunteers
1,600

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.

Form 990, Part IX, Line 24E

Race/spec proj manager 61,345 0 0 volunteer shirts/groups 28,819 0 0 food and beverage 25,584 0 0 marathon awards evening 23,568 0 0 legal/bookkeeping/consult 16,124 0 0 payroll tax expense 13,674 0 0 hof reception/awards 6,046 0 0 health insurance 5,000 0 0 mgmt meals and ent 3,161 0 0 insurance - general 2,337 0 0 finance fees/charges 1,520 0 0 mileage/parking 1,010 0 0 board expenses 0 915 0 total 188,188 915 0

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IRS990/OtherExpensesGrp/Desc0RACE OPERATIONS
IRS990/OtherExpensesGrp/Desc1RUNNERS ENTITLEMENTS
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IRS990/OtherExpensesGrp/ProgramServicesAmt1302259
IRS990/OtherExpensesGrp/ProgramServicesAmt2215686
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IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt03307
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt210000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt39280
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CITY OF AURORA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LOAN - DN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3UNEARNED REVENUE
IRS990ScheduleD/TotalLiabilityAmt0175113
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
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/ExplanationTxt4RACE/SPEC PROJ MANAGER 61,345 0 0 VOLUNTEER SHIRTS/GROUPS 28,819 0 0 FOOD AND BEVERAGE 25,584 0 0 MARATHON AWARDS EVENING 23,568 0 0 LEGAL/BOOKKEEPING/CONSULT 16,124 0 0 PAYROLL TAX EXPENSE 13,674 0 0 HOF RECEPTION/AWARDS 6,046 0 0 HEALTH INSURANCE 5,000 0 0 MGMT MEALS AND ENT 3,161 0 0 INSURANCE - GENERAL 2,337 0 0 FINANCE FEES/CHARGES 1,520 0 0 MILEAGE/PARKING 1,010 0 0 BOARD EXPENSES 0 915 0 TOTAL 188,188 915 0
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/TotalAmt01781440
IRS990/TotalGrossUBIAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0316950
IRS990/TotalProgramServiceExpensesAmt01780525
IRS990/TotalProgramServiceRevenueAmt01392656
IRS990/TotalReportableCompFromOrgAmt0133759
IRS990/TotalRevenueGrp/ExclusionAmt0277
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01460557
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01803334
IRS990/TotalVolunteersCnt01600
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0540641
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0544011
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0DENVER WATER
IRS990/USAddress/AddressLine2Txt01600 W 12TH AVE
IRS990/USAddress/CityNm0DENVER
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080204
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0RUNCOLFAX.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS PIPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03035876676
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COLFAX MARATHON PARTNERSHIP INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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