Durango Devo
- Assets
- $420.4k
- Revenue
- $871.2k
- Investments
- $0.0
- Employees
- 78
- Location
- Durango, CO
- Founding
- 01/2008
- Data as of
- 12/2023
- EIN
- 64-0959974
Organization Overview
Durango Devo is located in Durango, CO. The organization was established in 2008. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Durango Devo employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Durango Devo 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 12/2023, Durango Devo generated $871.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $787.4k during the year ending 12/2023. While expenses have increased by 14.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF DURANGO DEVO IS TO DEVELOP EACH INDIVIDUAL, IN A TRADITIONAL TEAM SETTING, INTO LIFE-LONG CYCLISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF DURANGO DEVO IS TO DEVELOP EACH INDIVIDUAL, IN A TRADITIONAL TEAM SETTING, INTO LIFE-LONG CYCLISTS.DEVOS PROGRAMS ARE ARRANGED IN AN AGE BASED BUILDING BLOCK STYLE TO INCREASE INTEREST IN MOUNTAIN BIKING AND PROMOTE EACH ATHLETE IN A POSITIVE, SOCIAL ENVIRONMENT.DEVO JR. DEVELOPING SKILLS IN A FUN NON COMPETITIVE ENVIRONMENT.DEVO U14 SOME TRAINING, CONTINUE TO BUILD SKILLS, FUN RACES.DEVO U19 PREPARE HIGH SCHOOL KIDS FOR RACING AT THE COLLEGIATE OR PROFESSIONAL LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Levi N Kurlander Executive Director | Officer | 45 | $76,505 |
Ian Burnett Ex Officio Member | Trustee | 1 | $0 |
Heather Hastey Member | Trustee | 1 | $0 |
Deidre Morrison Member | Trustee | 1 | $0 |
Mary Polino Secretary | Trustee | 1 | $0 |
David Bowen Board Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,833 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $438,169 |
| Noncash contributions included in lines 1a–1f | $121,356 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $444,002 |
| Total Program Service Revenue | $354,870 |
| Investment income | $3,351 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $84,187 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$16,061 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $871,173 |
| 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. | $76,506 |
| Compensation of current officers, directors, key employees. | $15,301 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $342,100 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $39,664 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,716 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,829 |
| Office expenses | $3,779 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,614 |
| Travel | $18,012 |
| 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 | $15,225 |
| Insurance | $17,963 |
| All other expenses | $74,463 |
| Total functional expenses | $787,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,400 |
| Savings and temporary cash investments | $137,210 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,930 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,182 |
| Prepaid expenses and deferred charges | $12,057 |
| Net Land, buildings, and equipment | $92,788 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,806 |
| Total assets | $420,373 |
| Accounts payable and accrued expenses | $5,223 |
| Grants payable | $0 |
| Deferred revenue | $35,669 |
| 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 | $40,892 |
| Net assets without donor restrictions | $361,425 |
| Net assets with donor restrictions | $18,056 |
| 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 | $420,373 |