Gold Crown Foundation Inc

Organization Overview

Gold Crown Foundation Inc is located in Denver, CO. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2022, Gold Crown Foundation Inc employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gold Crown 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 09/2022, Gold Crown Foundation Inc generated $4.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $3.6m during the year ending 09/2022. While expenses have increased by 1.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE OPPORTUNITES AND EDUCATE YOUTH AND COMMUNITY THROUGH SPORTS AND ENRICHMENT PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION OPERATES THE FIELD HOUSE AND ALL-STAR PARK. THEY ARE AVAILABLE FOR USE BY COMMUNITY ORGANIZATIONS AND FOUNDATION PROGRAMS. APPROXIMATELY 500,000 INDIVIDUALS USED THE FACILITIES IN 2021.


THE FOUNDATION OPERATES STEAM EDUCATION PROGRAMING AT TWO LOCATIONS. WE SERVE NEIGHBORING SCHOOLS DURING THE SCHOOL DAY AND OPERATE AN AFTERSCHOOL CLUBHOUSE PROGRAM. THIS PROGRAM SERVES OVER 1,000 YOUTH PER YEAR.


THE FOUNDATION OPERATES YOUTH BASKETBALL, VOLLEYBALL, AND GOLF LEAGUES IN A COMPETITIVE ENVIRONMENT. APPROXIMATELY 15,000 YOUTH WERE SERVED IN 2021 THROUGH THESE PROGRAMS.


GOLD CROWN OFFICIATING OFFICIATED OVER 4,000 YOUTH SPORTS GAMES LAST YEAR IN THE DENVER METRO AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Kevin R Petty
Executive Director
$139,364
William H Hanzlik
CEO
$64,000
Sara Donegan
Secretary & Treasurer
$0
Ray Baker
Chairman
$0
Joseph Coppola
Board Member
$0
Paul Andrews
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$65,343
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,201,236
Noncash contributions included in lines 1a–1f $38,971
Total Revenue from Contributions, Gifts, Grants & Similar$2,266,579
Total Program Service Revenue$1,884,289
Investment income $8,100
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$65,019
Net Income from Fundraising Events -$25,427
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $124,926
Miscellaneous Revenue$0
Total Revenue $4,378,118

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Gold Crown Foundation Inc has recieved totaling $15,000.

Awarding OrganizationAmount
Vollbracht Family Foundation

Denver, CO

PURPOSE: GENERAL OPERATIONS

$15,000
View Grant Recipient Profile

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