Erik Weihenmayer Reach Foundation Inc
- Assets
- $31.7k
- Revenue
- $31.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Golden, CO
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 47-3765765
Organization Overview
Erik Weihenmayer Reach Foundation Inc is located in Golden, CO. The organization was established in 2016. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Erik Weihenmayer Reach Foundation 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 12/2021, Erik Weihenmayer Reach Foundation Inc generated $31.7k 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 (26.7%) each year. All expenses for the organization totaled $10.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (39.3%) per year over the past 5 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
TO MAKE DONATIONS TO QUALIFIED SECTION 501(C)(3) CHARITIES WHICH HAVE AS THEIR GOALS:1. TO HELP PEOPLE LIVE BETTER AND HELP THEM REACH THEIR INDIVIDUAL GOALS;2. WHICH ENDOW SCHOLARSHIPS TO ENABLE LESS-ADVANTAGED PEOPLE TO LIVE BETTER AND REACH THEIR INDIVIDUAL GOALS;3. TO ASSIST THOSE PEOPLE WHO HAVE GREATER NEEDS AND CHALLENGES IN REACHING THEIR GOALS, FOR EXAMPLE, DISABLED PERSONS, VETERANS, ETC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MADE DONATIONS TO QUALIFIED SECTION 501(C)(3) CHARITIES WHICH HAVE AS THEIR GOALS:1. TO HELP PEOPLE LIVE BETTER AND HELP THEM REACH THEIR INDIVIDUAL GOALS;2. WHICH ENDOW SCHOLARSHIPS TO ENABLE LESS-ADVANTAGED PEOPLE TO LIVE BETTER AND REACH THEIR INDIVIDUAL GOALS;3. TO ASSIST THOSE PEOPLE WHO HAVE GREATER NEEDS AND CHALLENGES IN REACHING THEIR GOALS, FOR EXAMPLE, DISABLED PERSONS, VETERANS, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erik Weihenmayer President | OfficerTrustee | 2 | $0 |
Skyler Williams Secretary/treasurer | OfficerTrustee | 1 | $0 |
Nic Skorski Trustee | Trustee | 0 | $0 |
Kim Johnson Trustee | Trustee | 0 | $0 |
Jeff Evans Trustee | Trustee | 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 | $31,650 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,650 |
| 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 | $31,650 |
| 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. | $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 | $1,580 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,310 |
| 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 | $10,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,667 |
| 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 | $31,667 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $31,667 |
| Total liabilities and net assets/fund balances | $31,667 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Erik Weihenmayer Reach Foundation Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
I-Rise Foundation Irvine, CA PURPOSE: TO HELP PEOPLE LIVE BETTER AND HELP THEM REACH THEIR INDIVIDUAL GOALS | $10,000 |
Vail Clinic Inc Vail, CO PURPOSE: DONATION MELISSA SIMPSON FILM PROJECT | $5,000 |
Delta Gamma Foundation Columbus, OH PURPOSE: AID FOR BLIND | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
1million Project Foundation Overland Park, KS | $8,054,178 | $5,845,168 |
Northeast Kansas Community Action Program Hiawatha, KS | $3,012,533 | $8,873,734 |
Jewish Community Association Of Greater Phoenix Scottsdale, AZ | $31,119,150 | $6,708,831 |
Gibbs Christian Education Foundation Inc Owasso, OK | $5,420,863 | $1,976,079 |
David And Molly Pyott Foundation Avon, CO | $9,634,209 | $3,719,915 |
Schulz Charitable Foundation Inc Scottsdale, AZ | $0 | $32,141 |
Epicpromise Employee Foundation Broomfield, CO | $1,990,176 | $1,259,560 |
Nebraska Cultural Endowment Omaha, NE | $17,664,926 | $5,027,006 |
Warrior Rising South Jordan, UT | $428,862 | $1,557,370 |
Pauls Valley General Hospital Foundation Pauls Valley, OK | $1,892,753 | $1,057,903 |
Brandon S Bourbon Chandler, AZ | $343,742 | $1,244,808 |
Share Omaha Omaha, NE | $942,566 | $706,688 |