The Cloud Foundation
- Assets
- $451.2k
- Revenue
- $317.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Colorado Springs, CO
- Founding
- 08/2005
- Data as of
- 12/2022
- EIN
- 20-1740623
Organization Overview
The Cloud Foundation is located in Colorado Springs, CO. The organization was established in 2005. According to its NTEE Classification (D30) the organization is classified as: Wildlife Preservation & Protection, under the broad grouping of Animal-Related and related organizations. As of 12/2022, Cloud Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cloud Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Cloud Foundation generated $317.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $309.8k during the year ending 12/2022. While expenses have increased by 6.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS DEDICATED TO THE PRESERVATION OF WILD HORSES AND BURROS ON PUBLIC LANDS IN THE AMERICAN WEST WITH SPECIAL EMPHASIS ON GENETICALLY UNIQUE, ISOLATED HERDS LIKE CLOUD'S HERD IN THE PRYOR MOUNTAINS OF MONTANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLOUD FOUNDATION FOUNDER, GINGER KATHRENS, IS REGULARLY INVITED TO SPEAK AT NATIONAL AND INTERNATIONAL MEETINGS AND CONFERENCES ADVOCATING THE PRESERVATION OF WILD HORSES AND BURROS. THE FOUNDATION HAS BEEN FEATURED ON ABC, NBC, CNN, AND PBS, EDUCATING A NATIONAL AUDIENCE ABOUT THE NEED TO PRESERVE WILD HORSES AND BURROS. TCF ATTENDS THE BUREAU OF LAND MANAGEMENT (BLM) NATIONAL MEETINGS REGARDING THE MANAGEMENT OF WILD HORSES AND BURROS. KATHRENS AND OTHER TCF BOARD MEMBERS GIVE PUBLIC COMMENT ON THE NEED TO REFORM THE MANAGEMENT OF WILD HORSES AND BURROS BOTH ON THE RANGE AND IN CAPTIVITY. TCF COMMENTS ON ALL ENVIRONMENTAL ASSESSMENTS, WHICH DEAL WITH THE PLANNED REMOVAL OF WILD HORSES AND BURROS FROM PUBLIC LANDS. TCF DIRECTOR KATHRENS WRITES ARTICLES FOR NATIONAL AND INTERNATIONAL PUBLICATIONS ON THE ISSUE. TCF SPEAKS AT SCHOOLS, CREATES EDUCATIONAL MATERIALS, AND PRODUCES EDUCATIONAL VIDEOS AND STILL PRESENTATIONS REGARDING WILD HORSES AND BURROS. TCF COLLABORATES WITH OTHER ORGANIZATIONS TO PROMOTE THE PROTECTION OF WILD HORSES AND BURROS.SINCE ITS INCEPTION (2005) TCF HAS DIRECTLY RESCUED DOZENS OF MUSTANGS THAT WERE BOUND FOR DIRT HOLDING AREAS MANAGED BY THE GOVERNMENT OR WERE ON THEIR WAY TO KILLER BUYER AUCTIONS. THE FOUNDATION HAS FACILITATED THE ADOPTION AND PURCHASE OF DOZENS OF OTHER ONCE WILD HORSES. TCF HAS PROVIDED TRAINING OR RETRAINING OF ONCE ADOPTED WILD HORSES THAT WERE SUBSEQUENTLY RESCUED EITHER DIRECTLY OR INDIRECTLY BY TCF. TCF MAINTAINS TWO FAMILY BANDS OF WILD HORSES ON PRIVATELY OWNED, LEASED PASTURES IN MONTANA. THESE "FREEDOM FAMILY" WILD HORSES LIVE MUCH LIKE THEY DID ON THE PRYOR MOUNTAINS. TCF PROVIDES SCHEDULED VISITS TO SEE THE FREEDOM FAMILIES FOR PURPOSES OF PHOTOGRAPHY AND EDUCATION ABOUT THE BEHAVIOR AND COMPLEX SOCIAL INTERACTIONS OF WILD HORSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Kathrens President | OfficerTrustee | 0 | $0 |
Ann Evans Treasurer | OfficerTrustee | 0 | $0 |
Sam Vaughn Director | Trustee | 0 | $0 |
Makendra Silverman Director | Trustee | 0 | $0 |
Lisa Friday Vice President | OfficerTrustee | 0 | $0 |
Linda Hanick Secretary | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $310,216 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $310,216 |
| Total Program Service Revenue | $0 |
| Investment income | $238 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,850 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $317,304 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $16,250 |
| Compensation of current officers, directors, key employees. | $3,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $107,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,825 |
| Payroll taxes | $9,529 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,389 |
| Fees for services: Accounting | $12,072 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,787 |
| Advertising and promotion | $279 |
| Office expenses | $16,324 |
| Information technology | $1,873 |
| Royalties | $0 |
| Occupancy | $33,706 |
| Travel | $12,312 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,199 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,865 |
| Insurance | $6,275 |
| All other expenses | $3,925 |
| Total functional expenses | $309,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,861 |
| Savings and temporary cash investments | $220,038 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $300 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $35,656 |
| Net Land, buildings, and equipment | $103,878 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,474 |
| Total assets | $451,207 |
| Accounts payable and accrued expenses | $2,466 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,302 |
| Total liabilities | $8,768 |
| Net assets without donor restrictions | $442,439 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $451,207 |