Advance Colorado Fund Inc
- Assets
- $54.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Golden, CO
- Founding
- 09/2007
- Data as of
- 12/2019
- EIN
- 20-8096501
Organization Overview
Advance Colorado Fund Inc is located in Golden, CO. The organization was established in 2007. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advance Colorado Fund Inc 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 12/2019, Advance Colorado Fund Inc generated $140.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $152.5k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Gerritsen President | 10 | $0 | |
Sally Higgins Treasurer | 5 | $0 | |
Mark Lyons Vice President | 8 | $0 | |
Walt Lee Secretary | 5 | $0 | |
Greg Sprenger Director | 5 | $0 | |
Andy Christman Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,077 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $140,081 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $24,264 |
| Occupancy, rent, utilities, and maintenance | $342 |
| Printing, publications, postage, and shipping | $1,550 |
| Other expenses | $69,121 |
| Total expenses | $152,512 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,271 |
| Other assets | $0 |
| Total assets | $54,783 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,783 |
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