Broomfield Community Foundation
- Assets
- $4.7m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 4
- Location
- Broomfield, CO
- Founding
- 09/1994
- Data as of
- 12/2021
- EIN
- 84-1246756
Organization Overview
Broomfield Community Foundation is located in Broomfield, CO. The organization was established in 1994. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Broomfield Community Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broomfield Community 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 12/2021, Broomfield Community Foundation generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $964.5k during the year ending 12/2021. While expenses have increased by 13.9% 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.
Since 2015, Broomfield Community Foundation has awarded 30 individual grants totaling $904,403. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE, CONNECT, IMPACT, AND STRENGTHEN BROOMFIELD THROUGH THE POWER OF PHILANTHROPY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS GRANTS AND DONATIONS WERE DISTRIBUTED DURING THE YEAR, INCLUDING ASSISTANCE TO SCHOOLS IN THE COMMUNITY. CONTRIBUTIONS WERE ALSO MADE TO CIVIC ORGANIZATIONS FOR THE BETTERMENT OF THE LOCAL COMMUNITY AS WELL AS SPECIAL NEEDS GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marianna Williamson Executive Dir. | OfficerTrustee | 40 | $77,357 |
Sarah Barber Mccurdy Admin Coordinat | Trustee | 20 | $17,313 |
Kelly Mundt Vice President | OfficerTrustee | 2 | $0 |
Tim Schafer President | OfficerTrustee | 2 | $0 |
Dion West Vice President | OfficerTrustee | 2 | $0 |
Lizabeth Geiser Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $522 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,318,859 |
| Noncash contributions included in lines 1a–1f | $522 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,319,381 |
| Total Program Service Revenue | $0 |
| Investment income | $444,344 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $72,815 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,836,540 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $691,944 |
| Grants and other assistance to domestic individuals. | $30,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $96,991 |
| Compensation of current officers, directors, key employees. | $53,345 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,080 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,235 |
| Payroll taxes | $8,056 |
| 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 | $31,112 |
| Advertising and promotion | $7,195 |
| Office expenses | $2,753 |
| Information technology | $771 |
| Royalties | $0 |
| Occupancy | $4,500 |
| 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 | $471 |
| Insurance | $3,435 |
| All other expenses | $3,370 |
| Total functional expenses | $964,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $257,299 |
| Savings and temporary cash investments | $96,417 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $260 |
| 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 | $2,450 |
| Net Land, buildings, and equipment | $1,037 |
| Investments—publicly traded securities | $4,323,136 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,680,599 |
| 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 | $114,995 |
| Total liabilities | $114,995 |
| Net assets without donor restrictions | $4,070,817 |
| Net assets with donor restrictions | $494,787 |
| 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 | $4,680,599 |
Grants Awarded
Over the last fiscal year, Broomfield Community Foundation has awarded $468,153 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Broomfield, CO PURPOSE: Support Mission Based Programs | $393,653 |
Denver, CO PURPOSE: Support Mission Based Programs | $51,000 |
Broomfield, CO PURPOSE: Support Mission Based Programs | $10,000 |
ACTIVE LAB LLC PURPOSE: Support Mission Based Programs | $7,500 |
TOWNEPLACE SUITES BOULDERBRO PURPOSE: Support Mission Based Programs | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Broomfield Community Foundation has recieved totaling $52,093.
| Awarding Organization | Amount |
|---|---|
Frenzel Family Charitable Foundation Milwaukee, WI PURPOSE: GENERAL OPERATING | $21,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $10,993 |
The Community Foundation For Northeast Florida Inc Jacksonville, FL PURPOSE: FOR TRANSITIONAL HOUSING | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $5,300 |
Baker Hughes Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $2,400 |
Baker Hughes Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $2,400 |
Endowment Analysis
| Beg. Balance | $2,197,904 |
| Earnings | $203,394 |
| Net Contributions | $17,822 |
| Other Expense | $207,055 |
| Ending Balance | $2,212,065 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Community Foundation Phoenix, AZ | $1,066,072,012 | $211,703,650 |
Christian Community Foundation Inc Colorado Springs, CO | $497,894,733 | $194,166,172 |
Community First Foundation Arvada, CO | $565,776,459 | $151,756,882 |
Omaha Community Foundation Donor Directed Depository Omaha, NE | $49,176,399 | $38,155,808 |
Nebraska Community Foundation Lincoln, NE | $227,749,373 | $20,781,363 |
Oklahoma City Community Foundation Inc Oklahoma City, OK | $855,000,248 | $159,496,642 |
Community Foundation Of Jackson Hole Jackson, WY | $113,990,661 | $47,502,372 |
Rose Community Foundation Denver, CO | $325,610,267 | $15,145,306 |
Lincoln Community Foundation Inc Lincoln, NE | $161,472,860 | $29,470,305 |
Santa Fe Community Foundation Santa Fe, NM | $107,508,749 | $26,179,829 |
The Community Foundation Of Utah Salt Lake City, UT | $90,613,858 | $42,536,089 |
Aspen Community Foundation Basalt, CO | $62,511,754 | $28,301,426 |