Mount Sneffels Education Foundation
- Assets
- $1.7m
- Revenue
- $69.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Ouray, CO
- Founding
- 06/1993
- Data as of
- 09/2023
- EIN
- 84-1225697
Organization Overview
Mount Sneffels Education Foundation is located in Ouray, CO. The organization was established in 1993. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Sneffels Education 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 09/2023, Mount Sneffels Education Foundation generated $69.4k 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 (8.0%) each year. All expenses for the organization totaled $133.9k during the year ending 09/2023. 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
OUR MISSION IS TO INVOLVE THE OURAY COUNTY COMMUNITY IN DEVELOPING RESOURCES TO ENRICH OUR STUDENTS' LIVES AND TO BROADEN THEIR EDUCATIONAL EXPERIENCES. THE GOALS OF THE FOUNDATION ARE:1) TO SECURE RESOURCES FROM INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS TO SUPPORT APPROPRIATE EDUCATIONAL AND CULTURAL ACTIVITIES THAT BENEFIT STUDENTS IN OURAY COUNTY FOR WHICH FEDERAL, STATE, AND LOCAL FUNDING ARE NOT FULLY AVAILABLE.2) TO PROVIDE RESOURCES WHICH ENCOURAGE THE DEVELOPMENT OF INNOVATIVE EDUCATIONAL PROGRAMS.3) TO PROVIDE RESOURCES FOR PROGRAMS EXTERNAL TO SCHOOL WHICH ENRICH STUDENT LIVES, BROADEN THEIR EDUCATIONAL AND CULTURAL EXPERIENCES, AND COMPENSATE FOR THE RELATIVE ISOLATION OF THE OURAY COUNTY AREA.4) TO FACILITATE UNDERSTANDING AND COOPERATION BETWEEN RIDGWAY AND OURAY SCHOOLS AND BETWEEN THE SCHOOLS AND THE PEOPLE OF THE COMMUNITY.5) TO ENHANCE EXPOSURE TO RESOURCES AND TRAINING OF GUIDANCE COUNSELORS, TEACHERS, AND STAFF TO IMPROVE THEIR QUALIFICATIONS.6) TO AROUSE VARIOUS ST
Describe the Organization's Program Activity:
Part 3 - Line 4a
2022-2023 TOP FUNDED SCHOOL PROJECTS2023 SENIOR RAFTING TRIP: RIDGWAY 12TH GRADE8TH GRADE RITES OF PASSAGE CANYON DE CHELLY6TH GRADE WEEK WITHOUT WALLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liana Schmidt Treasurer | Trustee | 2 | $0 |
Erin Latta President | Trustee | 0 | $0 |
Lori Leo Board Member | Trustee | 2 | $0 |
Brenda Copp Vice President | Trustee | 0 | $0 |
Brian Patton Board Member | Trustee | 0 | $0 |
Aimee Van Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $69,373 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,373 |
| 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 | $69,373 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| 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 | $133,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,555 |
| 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 | $1,681,307 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $1,745,863 |
| 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 | $1,745,863 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,745,863 |