1 Percent For Open Space Inc
- Assets
- $283.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Crested Butte, CO
- Founding
- 07/2001
- Data as of
- 12/2022
- EIN
- 84-1576444
Organization Overview
1 Percent For Open Space Inc is located in Crested Butte, CO. The organization was established in 2001. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 1 Percent For Open Space Inc 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 12/2022, 1 Percent For Open Space Inc generated $76.4k 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 (8.1%) each year. All expenses for the organization totaled $173.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION RAISED FUNDS FROM APPROXIMATELY 65 LOCAL BUSINESSES TO DONATE TO VARIOUS CONSERVATION AND STEWARDSHIP ORGANIZATIONSFOR OPEN SPACE PRESERVATION. THIS YEAR $12,735 WAS DONATED TO HIGH COUNTRY CONSERVATION ADVOCATES FOR STEWARDSHIP WORK ON WET MEADOWS.WE ALSO DONATED $5,000 TO THE CRESTED BUTTE CONSERVATION CORPS FOR THE FOURTH YEAR OF A FIVE YEAR CONTRACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pete Nichols Board Member | 1 | $0 | |
Glo Cunningham President | 1 | $0 | |
Karen Janssen Vice President | 1 | $0 | |
Molly Susla Executive Director | 20 | $19,680 | |
Andrew Arell Board Member | 1 | $0 | |
Susan Petronio Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,113 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $313 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,426 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,833 |
| Professional fees and other payments to independent contractors | $755 |
| Occupancy, rent, utilities, and maintenance | $3,175 |
| Printing, publications, postage, and shipping | $70 |
| Other expenses | $6,322 |
| Total expenses | $173,890 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $283,750 |
| Other assets | $0 |
| Total assets | $283,750 |
| Total liabilities | $128,032 |
| Net assets or fund balances | $155,718 |