Polestar Gardens Inc
- Assets
- $2.3m
- Revenue
- $41.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Fort Collins, CO
- Founding
- 07/2001
- Data as of
- 12/2022
- EIN
- 68-0453822
Organization Overview
Polestar Gardens Inc is located in Fort Collins, CO. The organization was established in 2001. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 12/2022, Polestar Gardens Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Polestar Gardens 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 12/2022, Polestar Gardens Inc generated $41.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $128.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
RESIDENTIAL LEARNING CENTERS AND INTENTIONAL COMMUNITIES THAT OFFER EDUCATIONAL CLASSES, WORKSHOPS, MENTORSHIPS, APPRENTICESHIPS AND OTHER ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKILLS FOR LIVING RESIDENCY PROGRAM - THIS PROGRAM USES THE COMMUNITY AND HOME ENVIRONMENT TO PROMOTE A PROCESS OF SELF-EXPLORATION AND EXPANDING LEARNING. STUDENTS PARTICIPATE IN A NUMBER OF GROUP ACTIVITIES INCLUDING COOKING, CHORES, HOUSE MEETINGS, MEALS, GARNDENING, OUTDOOR ADVENTURE DAYS, SERVICE PROJECTS, AND GUIDED TIMES FOR QUIET AND INTROSPECTION. EVENTS ALSO INCLUDE STORYTELLING, ART WORKSHOPS, MUSIC, YOUGA, CULTURAL EVENTS, SPEACKERS, PERFORMANCE OPPORTUNITIES AND STAR WATCHING. THE PROGRAM IS CREATING A NEW FACILITY IN COLORADO.
POLESTAR FAMILY CAMP - FAMILY WEEKEND IN ESTES PARK COLORADO. INCLUDES TENT CAMPING, HIKING, CAMPFIRES, GAMES MUSIC AND MEDITATION FOR REJUVENATION AND RENEWAL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Gornik President | Officer | 30 | $26,000 |
Ann Gornik Secretary/treasurer | Officer | 20 | $24,500 |
Vina Ketty Board Of Directors | Trustee | 4 | $10,500 |
Bernadette Sabath Board Of Directors | Trustee | 4 | $300 |
Rich Mills Board Of Directors | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,589 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,725 |
| Noncash contributions included in lines 1a–1f | $1,953 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,314 |
| Total Program Service Revenue | $1,244 |
| Investment income | $1,085 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $500 |
| 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 | $41,143 |
| 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. | $61,300 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,772 |
| Payroll taxes | $6,838 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,185 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $728 |
| Office expenses | $3,244 |
| 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 | $909 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,212 |
| Insurance | $5,032 |
| All other expenses | $1,845 |
| Total functional expenses | $127,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,636 |
| Savings and temporary cash investments | $1,004 |
| 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 | $1,372,018 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,222 |
| Other assets | $628,276 |
| Total assets | $2,282,156 |
| Accounts payable and accrued expenses | $1,801 |
| 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 | $1,258,598 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,260,399 |
| 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 | $1,021,757 |
| Total liabilities and net assets/fund balances | $2,282,156 |