Colorado Springs Osteopathic Foundation
- Assets
- $9.1m
- Revenue
- $889.7k
- Investments
- $8.5m
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 01/1962
- Data as of
- 06/2024
- EIN
- 84-0488554
Organization Overview
Colorado Springs Osteopathic Foundation is located in Colorado Springs, CO. The organization was established in 1962. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Springs Osteopathic Foundation 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 06/2024, Colorado Springs Osteopathic Foundation generated $889.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $493.4k during the year ending 06/2024. While expenses have increased by 2.5% per year over the past 9 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.
Since 2015, Colorado Springs Osteopathic Foundation has awarded 260 individual grants totaling $2,555,528. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE THE HEALTH AND WELL BEING OF THE PIKES PEAK COMMUNITY OF COLORADO THROUGH GRANTS TO PUBLICLY SUPPORTED CHARITIES, PROVIDING SCHOLARSHIPS TO OSTEOPATIC MEDICAL STUDENTS, AND EDUCATING THE PUBLIC IN MATTERS RELATING TO HEALTH.
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 |
|---|---|---|---|
Cynthia Lund DO President | 2 | $0 | |
Curry Horak MD Past President | 2 | $0 | |
Maile Foster President-Elect | 2 | $0 | |
Mike Steppenbacker Secretary | 2 | $0 | |
John Gebauer JD Treasurer | 2 | $0 | |
Meagan Jones DO Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $141,666 |
| Interest on Savings | $0 |
| Dividends & Interest | $220,748 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $527,303 |
| Capital Gain Net Income | $527,303 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $889,717 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $86,007 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,279 |
| Depreciation | $0 |
| Occupancy | $14,080 |
| Travel, conferences, and meetings | $8,003 |
| Printing and publications | $3,816 |
| Other expenses | $71,948 |
| Total operating and administrative expenses | $211,407 |
| Contributions, gifts, grants paid | $282,000 |
| Total expenses and disbursements | $493,407 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,421 |
| Savings and temporary cash investments | $460,744 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,133 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,241,561 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $30,046 |
| Total assets | $9,076,191 |
| Accounts payable and accrued expenses | $2,969 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $30,310 |
| Total liabilities | $33,279 |
Grants Awarded
Over the last fiscal year, Colorado Springs Osteopathic Foundation has awarded $282,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ADRIANNA HAMMACK PURPOSE: TUITION SCHOLARSHIP - ROCKY VISTA UNIV COLLEGE OSTEO MED | $10,000 |
EARLY CONNECTIONS LEARNING CENTERS PURPOSE: GRANT - BEHAVIORAL HEALTH PROGRAM | $10,000 |
FOSTERING HOPE PURPOSE: GRANT - GENERAL OPERATING SUPPORT FOR CHILDHOOD TRAUMA ALLEVIATION PROGRAM | $16,000 |
ELLESE LUPORI PURPOSE: TUITION SCHOLARSHIP - WESTERN UNIVERSITY OF HEALTH | $10,000 |
GAZETTE CHARITIES EMPTY STOCKING FUND PURPOSE: TO SUPPORT 501 (C) (3) NONPROFIT ORGANIZATIONS AT HOLIDAY TIME | $1,000 |
GINELLE GOH PURPOSE: TUITION SCHOLARSHIP - ROCKY VISTA UNIV COLLEGE OSTEO MED | $10,000 |