Pikes Peak Hospice Foundation
- Assets
- $22.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 05/1998
- Data as of
- 12/2021
- EIN
- 84-1453050
Organization Overview
Pikes Peak Hospice Foundation is located in Colorado Springs, CO. The organization was established in 1998. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pikes Peak Hospice 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, Pikes Peak Hospice Foundation generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $833.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO GENERATE AND DISTRIBUTE FUNDS IN SUPPORT OF PIKES PEAK HOSPICE AND PALLIATIVE CARE, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PIKES PEAK HOSPICE FOUNDATION IS A TYPE I SUPPORTING ORGANIZATION FOR PIKES PEAK HOSPICE & PALLIATIVE CARE, INC., WHICH PROVIDED SERVICES TO 1,450 PATIENTS FOR THE PERIOD ENDING DECEMBER 31, 2021. THE AMOUNT TRANSFERRED TO PPHPC WAS $403,915 IN THE SAME TIME PERIOD.
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 |
|---|---|---|---|
Ray Nunn Chair | OfficerTrustee | 1 | $0 |
Susan Davis Immediate Past Chair | OfficerTrustee | 1 | $0 |
Carla Hartsell Vice Chair | OfficerTrustee | 1 | $0 |
Jim Harris Treasurer | OfficerTrustee | 1 | $0 |
Peggy Carmack Secretary | OfficerTrustee | 1 | $0 |
Laura Rosendo Executive Director (from 8/21) | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $6,188 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $621,911 |
| Noncash contributions included in lines 1a–1f | $10,262 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $628,099 |
| Total Program Service Revenue | $0 |
| Investment income | $324,834 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $539,408 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,492,341 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $403,915 |
| 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 | $177,002 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,428 |
| Payroll taxes | $13,471 |
| 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 | $64,721 |
| Fees for services: Other | $0 |
| Advertising and promotion | $41,165 |
| Office expenses | $8,931 |
| Information technology | $14,842 |
| Royalties | $0 |
| Occupancy | $18,381 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $752 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $720 |
| Insurance | $1,700 |
| All other expenses | $62,410 |
| Total functional expenses | $833,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $994,725 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36 |
| 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 | $173,971 |
| Investments—publicly traded securities | $20,031,592 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,106,521 |
| Total assets | $22,306,845 |
| Accounts payable and accrued expenses | $4,482 |
| 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 | $316,001 |
| Total liabilities | $320,483 |
| Net assets without donor restrictions | $15,938,621 |
| Net assets with donor restrictions | $6,047,741 |
| 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 | $22,306,845 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Pikes Peak Hospice Foundation has recieved totaling $31,416.
| Awarding Organization | Amount |
|---|---|
Pikes Peak Community Foundation Colorado Springs, CO PURPOSE: HISTORICAL - HUMAN SERVICES | $19,540 |
Pikes Peak United Way Colorado Springs, CO PURPOSE: Support the Charitable Purpose of the Organization | $6,294 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,582 |
Endowment Analysis
| Beg. Balance | $4,465,605 |
| Earnings | $562,611 |
| Net Contributions | $6,431 |
| Ending Balance | $5,034,647 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tru Community Care Lafayette, CO | $39,055,482 | $49,921,394 |
Midland Care Connection Inc Topeka, KS | $36,474,875 | $45,340,972 |
Hospice Of Metro Denver Incorporated Denver, CO | $64,633,708 | $38,927,316 |
Vali Division Of Wasatch-Lakecrest Woods Cross, UT | $25,462,783 | $23,742,932 |
Sangre De Cristo Hospice & Palliative Care Pueblo, CO | $16,193,317 | $24,800,628 |
Pathways Hospice Denver, CO | $25,746,800 | $20,933,159 |
Islands Hospice Inc Tulsa, OK | $0 | $18,704,481 |
Harry Hynes Memorial Hospice Inc Wichita, KS | $18,123,578 | $18,414,885 |
Pikes Peak Hospice And Palliative Care Inc Denver, CO | $11,445,812 | $14,838,483 |
Mesilla Valley Hospice Inc Las Cruces, NM | $23,145,054 | $10,360,548 |
Hospice Of Havasu Inc Lake Havasu City, AZ | $15,881,309 | $8,122,758 |
Mount Evans Hospice Inc Evergreen, CO | $7,027,978 | $8,830,994 |