La Plata Electric Round Up Foundation
- Assets
- $70.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Durango, CO
- Founding
- 05/1996
- Data as of
- 12/2021
- EIN
- 84-1327921
Organization Overview
La Plata Electric Round Up Foundation is located in Durango, CO. The organization was established in 1996. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. LA Plata Electric Round Up 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, LA Plata Electric Round Up Foundation generated $114.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $94.1k during the year ending 12/2021. While expenses have increased by 0.5% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO ADVANCE AND SUPPORT CAUSES WITHIN THE SERVICE TERRITORY OF LA PLATA ELECTRIC ASSOCIATION, INC. TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Naomi Dobbs Board President | 1.69 | $0 | |
Betsy Romere Secretary | 1.69 | $0 | |
Cara Kropp Board Member | 1.27 | $0 | |
Kris Oyler Board Member | 1.04 | $0 | |
Jessica Matlock Lpea CEO | 3 | $0 | |
Kristi Smith Vice President | 1.27 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,405 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114,423 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $94,110 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,978 |
| Other assets | $0 |
| Total assets | $69,978 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,978 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that La Plata Electric Round Up Foundation has recieved totaling $101,512.
| Awarding Organization | Amount |
|---|---|
La Plata Electric Association Inc Durango, CO PURPOSE: To support the LPEA Round Up Foundation mission | $101,512 |
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