Denver Broncos Alumni Charities
- Assets
- $556.8k
- Revenue
- $66.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 11/2005
- Data as of
- 12/2021
- EIN
- 20-3194756
Organization Overview
Denver Broncos Alumni Charities is located in Denver, CO. The organization was established in 2005. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver Broncos Alumni Charities 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 12/2021, Denver Broncos Alumni Charities generated $66.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $6.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.0%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
DENVER BRONCOS ALUMNI CHARITIES IS FORMED TO RAISE MONEY FOR AND AWARENESS OF OTHER 501(C)(3) COMMUNITY ORGANIZATIONS THAT SERVE SCHOOLS, THE YOUTH, UNDERPRIVILEGED, AND THE SICK. THE ORGANIZATION WILL SPONSOR ITS OWN FUNDRAISING EVENTS AND WILL ARRANGE FOR DENVER BRONCO ALUMNI TO PARTICIPATE IN EVENTS TO ENHANCE FUNDRAISING AND AWARENESS OF COMMUNITY PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANNUAL FUNDRAISING GOLF TOURNAMENT WAS HELD AGAIN IN 2021, RAISING OVER $66,000. THE ORGANIZATION THEN PURCHASED $5,000 OF NEW HELMETS, WHICH WERE DONATED TO A YOUTH FOOTBALL ORGANIZATION. THE REMAINING NET PROCEEDS WERE HELD FOR FUTURE DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Odell Barry President | OfficerTrustee | 1 | $0 |
Billy Thompson Secretary | OfficerTrustee | 1 | $0 |
Lelo Lang Vice President | OfficerTrustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $144 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $66,197 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $66,341 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,102 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $556,752 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $556,752 |
| Accounts payable and accrued expenses | $0 |
| 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 | $393 |
| Total liabilities | $393 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $556,359 |
| 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 | $556,752 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas University Alumni Association Lawrence, KS | $43,406,063 | $19,795,614 |
Oklahoma State University Alumni Association Stillwater, OK | $25,317,339 | $3,350,380 |
Alumni Association Of Kansas State University Manhattan, KS | $26,684,842 | $5,906,410 |
University Of Arizona Alumni Association Tucson, AZ | $10,483,265 | $3,295,631 |
The North American Foundation For The University Of Durham Inc Denver, CO | $67,216 | $2,577,869 |
Arizona State University Alumni Association Tempe, AZ | $23,640,025 | $1,664,234 |
Major League Baseball Players Alumni Association Colorado Springs, CO | $8,545,070 | $2,799,012 |
Grand Island Public Schools Foundation Grand Island, NE | $10,746,895 | $4,368,224 |
Academy Services Corporation Tucson, AZ | $5,843,114 | $1,767,337 |
Bit Sindri Alumni Association Of North America Inc Albuquerque, NM | $219,822 | $1,141,830 |
University Of Wyoming Alumni Laramie, WY | $7,069,969 | $1,051,403 |
Beta Mu Building And Alumnae Association Boulder, CO | $5,502,607 | $1,091,365 |