Leadville Trail 100 Legacy Inc is located in Leadville, CO. The organization was established in 2002. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Leadville Trail 100 Legacy Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadville Trail 100 Legacy 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 12/2021, Leadville Trail 100 Legacy Inc generated $686.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.7% each year . All expenses for the organization totaled $229.2k during the year ending 12/2021. While expenses have increased by 26.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CHARITABLE AND EDUCATIONAL RESOURCES TO THE PEOPLE OF LAKE COUNTY, COLORADO
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS FOR EDUCATION
CONTRIBUTIONS TO LOCAL YOUTH & RECREATIONAL ORGS
COLLEGE SCHOLARSHIPS PROVIDED TO LOCAL STUDENTS
CONTRIBUTION TO LOCAL CIVIC AND CHARITABLE ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Veronica Rimbert Executive Di | Officer | 40 | $40,000 |
Carl Miller Director | OfficerTrustee | 0.5 | $0 |
Merilee Maupin Executive Se | Officer | 2 | $0 |
Ken Chlouber President | Officer | 1 | $0 |
John Cirullo Recording Se | Trustee | 0.5 | $0 |
Tyrone Rimbert Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $3,201 |
All other contributions, gifts, grants, and similar amounts not included above | $448,131 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $451,332 |
Total Program Service Revenue | $0 |
Investment income | $235,039 |
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 | $686,371 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $44,125 |
Grants and other assistance to domestic individuals. | $29,966 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $40,000 |
Compensation of current officers, directors, key employees. | $8,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $17,750 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $9,228 |
Payroll taxes | $4,418 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,170 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,581 |
Advertising and promotion | $6,826 |
Office expenses | $6,428 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,000 |
Travel | $70 |
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 | $1,478 |
All other expenses | $0 |
Total functional expenses | $229,207 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $44,031 |
Savings and temporary cash investments | $177,005 |
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 | $1,860,550 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,081,586 |
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 | $2,696 |
Total liabilities | $2,696 |
Net assets without donor restrictions | $0 |
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 | $2,078,890 |
Total liabilities and net assets/fund balances | $2,081,586 |
Over the last fiscal year, Leadville Trail 100 Legacy Inc has awarded $30,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
ST GEORGE'S COMMUNITY MEALS | | | $20,000 |
Leadville, CO | | $10,000 |
Over the last fiscal year, we have identified 5 grants that Leadville Trail 100 Legacy Inc has recieved totaling $107,374.
Awarding Organization | Amount |
---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $79,654 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $10,000 |
Colorado Grand Inc 3998 S Mariposa Lafayette, CO PURPOSE: Community Fdn for Leadville CO | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,200 |
Shell Oil Company Foundation Houston, TX PURPOSE: MEF | $2,520 |
Organization Name | Assets | Revenue |
---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Buffett Early Childhood Fund Omaha, NE | $9,728,090 | $31,407,344 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
George S Eccles And Delores Dore Eccles Foundation Salt Lake City, UT | $0 | $176,040,595 |
The Lozier Foundation Omaha, NE | $440,536,134 | $84,469,210 |
Catena Foundation Carbondale, CO | $397,661,850 | $217,833,912 |
People-People-People Foundation Dated 4-19-2018 Scottsdale, AZ | $10,000,014 | $37,338,865 |