Friends Of Mountain Rescue
- Assets
- $3.0m
- Revenue
- $197.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Edwards, CO
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 26-1883719
Organization Overview
Friends Of Mountain Rescue is located in Edwards, CO. The organization was established in 2009. According to its NTEE Classification (M11) the organization is classified as: Single Organization Support, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Mountain Rescue 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, Friends Of Mountain Rescue generated $197.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $66.3k during the year ending 12/2021. 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 MISSION OF FRIENDS MOUNTAIN RESCUE (FMR)IS TO RAISE SUFFICIENT FUNDS TO BUILD AN ENDOWMENT FUND FOR THE BENEFIT OF VAIL MOUNTAIN RESCUE GROUP (VMRG).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION RAISED OVER $105,000 FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATION, VAIL MOUNTAIN RESCUE GROUP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Mcginley Treasurer | OfficerTrustee | 2 | $0 |
Jim Frein President | OfficerTrustee | 1 | $0 |
Jeff Beuche Director | Trustee | 0 | $0 |
Brandon Boseman Director | Trustee | 0 | $0 |
Stan Epperson Director | Trustee | 1 | $0 |
Dr Reg Francoise Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,716 |
| All other contributions, gifts, grants, and similar amounts not included above | $94,069 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,785 |
| Total Program Service Revenue | $500 |
| Investment income | $91,469 |
| 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 | $197,754 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $53,573 |
| 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 | $2,183 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $550 |
| Office expenses | $0 |
| Information technology | $2,067 |
| 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 | $4,964 |
| All other expenses | $0 |
| Total functional expenses | $66,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,079 |
| Savings and temporary cash investments | $35,962 |
| 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 | $2,822,345 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,995,386 |
| Accounts payable and accrued expenses | $211 |
| 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 | $0 |
| Total liabilities | $211 |
| Net assets without donor restrictions | $2,995,175 |
| 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 | $2,995,386 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of Mountain Rescue has recieved totaling $935,796.
| Awarding Organization | Amount |
|---|---|
The Margaret And Al Hill Family Foundation Dallas, TX PURPOSE: SUPPORT COMMUNITY ASSISTANCE PROGRAM | $935,796 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aurora Police Association Charitable Foundation Aurora, CO | $49,607 | $509,930 |
Building Warriors Inc Denver, CO | $73,973 | $231,497 |
Hondo Fire & Rescue Santa Fe, NM | $200,624 | $0 |
Cache La Poudre Fire And Emergency Group Inc Laporte, CO | $1,802,558 | $111,446 |
Friends Of Mountain Rescue Edwards, CO | $2,995,386 | $197,754 |
Warriors In Need Win Greenwood Village, CO | $528 | $0 |
Lyons Fire Fund Lyons, CO | $10,481 | $0 |
Oklahoma State Troopers Foundation Inc Oklahoma City, OK | $626,996 | $11,987 |
Clarkson Fire & Rescue Foundation Clarkson, NE | $617,152 | $13,537 |
Friends Of The Fire And Rescue Volunteers Silver City, NM | $323,981 | $0 |
Platte Valley Fire District Foundation Kersey, CO | $80,334 | $0 |
Hartsel Fire Protection District Auxiliary Hartsel, CO | $25,352 | $9,527 |