Common Foundation
- Assets
- $96.3k
- Revenue
- $248.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Boulder, CO
- Founding
- 06/2011
- Data as of
- 12/2021
- EIN
- 26-1421917
Organization Overview
Common Foundation is located in Boulder, CO. The organization was established in 2011. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. As of 12/2021, Common Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Common 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 12/2021, Common Foundation generated $248.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $217.7k during the year ending 12/2021. While expenses have increased by 3.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION SUPPORTS AND PROMOTES PEOPLE WITH GREAT IDEAS WITH THE COURAGE TO MAKE A POSITIVE SOCIAL OR ENVIRONMENTAL IMPACT FOR PUBLIC BENEFIT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SUPPORTS AND PROMOTES PEOPLE WITH GREAT IDEAS WITH THE COURAGE TO MAKE A POSITIVE SOCIAL OR ENVIRONMENTAL IMPACT FOR PUBLIC BENEFIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Wilburn King President | OfficerTrustee | 40 | $35,618 |
Glenn Ricci Director | Trustee | 0.25 | $0 |
Hugh Robert Secretary | Trustee | 0.25 | $0 |
Lina Barrera Treasurer | Trustee | 0.25 | $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 | $248,759 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $248,759 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $248,759 |
| 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. | $57,772 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $1,333 |
| Other employee benefits | $0 |
| Payroll taxes | $4,915 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,326 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,803 |
| Advertising and promotion | $75 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,000 |
| Travel | $4,169 |
| 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 | $2,846 |
| All other expenses | $22,130 |
| Total functional expenses | $217,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,250 |
| 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 | $96,250 |
| 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 | $22,400 |
| Other liabilities | $0 |
| Total liabilities | $22,400 |
| Net assets without donor restrictions | $73,850 |
| 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 | $96,250 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Common Foundation has recieved totaling $10,855.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,762 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $93 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Greengrants Fund Inc Boulder, CO | $16,415,997 | $17,540,214 |
Colorado Youth Corps Association Denver, CO | $2,620,543 | $6,453,411 |
Omaha Parks Foundation Inc Omaha, NE | $4,269,270 | $3,230,312 |
Clean Water Here Foundation Longmont, CO | $17,477,415 | $20,972,810 |
Honnold Foundation Salt Lake City, UT | $2,206,815 | $2,549,011 |
Illinois No 3 Foundation Artesia, NM | $14,230,230 | $1,464,668 |
Women Invested To Save Earth Fund Corporation Flagstaff, AZ | $25,608 | $569,272 |
Colorado Mountain Club Foundation Golden, CO | $1,014,831 | $141,536 |
Foundation For The Conservation Of Arizonas Wildlife Phoenix, AZ | $546,479 | $97,255 |
Wander Project Washington, UT | $161,117 | $423,920 |
The Jackson Hole One Fly Foundation Jackson, WY | $1,254,862 | $344,885 |
Kansas Wildscape Foundation Newton, KS | $803,284 | $363,973 |