Trailblazer Foundation FY2020 filing

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EIN 20-1063922 Public charity (501(c)(3)) Fort Collins, CO NTEE P20
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Revenue & expenses by yearFY2020–FY2025
Revenue
$253K
FY2020
Expenses
$230K
FY2020

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


Empowers rural Cambodians with sustainable health, food, education, and economic opportunities. For fiscal year 2020 it reported $253K in revenue, $230K in expenses, and $176K in net assets.Pt I

Founded
2004
Type
Public charity (501(c)(3)) · Human Services
Location
Fort Collins, CO
Website
thetrailblazerfoundation.org
Filings
6 on file (2020–2020)
Revenue
$253KFY2020
Expenses
$230K
Net assets
$176K
People
6
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Provided by the organization

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Size
$100K–1M
What they do
Empowers rural Cambodians with sustainable health, food, education, and economic opportunities.
Leadership
Nicky Ulrich · Board Treasurer
Money in and out
$253K revenue, $230K expenses
Bottom line
91% program efficiency

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

GOOD

Yes — A charitable, religious, educational, scientific, or literary organization. Contributions are generally tax-deductible for donors.

IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Yes — filed FY2025

Most recent Form 990 on file is for fiscal year 2025 (1 year ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

2 funders, incl. Maggie's Angels INC

2 distinct foundation funder(s) on file, $27K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

91% to programs

91% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M

Revenue band $100K–1M. Not enough years on file for a trend. See detail →

Where the money goes · FY2020
Total revenue
$253K
Pt VIII · Ln 12
Total expenses
$230K
Pt IX · Ln 25
Net assets
$176K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $23K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.03 Fundraising $0.06
Program efficiency
91%
of spending reaches programs
Operating runway
9.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+9%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$177K
FY2020
Total liabilities
$1K
FY2020
Revenue less expensesPt I · Ln 19$23K
Total assetsPt X · Ln 16$177K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CTrailblazer Foundation
EINHdr · item D20-1063922
Principal addressHdr · item CFort Collins, CO
WebsiteHdr · item Jthetrailblazerfoundation.org
Year of formationHdr · item L2004
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFMar 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treas/Secretary
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Trailblazer Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $188K of program spending, described in the organization's own filed words · FY2020.
01

HEALTH PROGRAMSBio-sand Filter1. Completed the deliveries of 477 BSFs. Estimated Total beneficiaries: 2385 people.2. Conducted 21 trainings on BSF and Hygiene Trainings. Total participants = 585people.Pump Well3. Completed drilling 121 pump wells (CIW and PVC PW). Estimated Total beneficiaries: 605 people.4.

$124Kprogram expense
02

FOOD SECURITY PROGRAM1. Conducted 15 courses on Horticulture and Soil Management Training. EstimatedTotal beneficiaries = 226 people.2. Conducted 30 courses on Chicken raising training and practices. Estimated Totalbeneficiaries = 475 people.3.

$36Kprogram expense
03

ECONOMIC DEVELOPMENT PROGRAM1. Established 12 New Village Fund and Saving Group in 12 new villages.2. Conducted 111 Village Fund and Saving Group Refreshment Trainings for 111Village Fund Committees.3.Conducted 40 an introduction on Group saving and village microfinance process in40 new villages.

$28Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$253K
Total revenueLn 12$253K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.03 Fundraising $0.06
Program services91%$209K
Management & general3%$7K
Fundraising6%$14K
Total functional expensesLn 25$230K

Balance Sheet

Part X · end of year
CashLn 1$177K
Total assetsLn 16$177K
Total liabilitiesLn 26$1K
Total net assetsLn 32$176K
Months of cash on handcomputed9.2

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $177K · Operating expenses/yr $230K
9.2 months
Where the money goes
Program services
Program services $209K · Total expenses $230K
91%
Management & General
Management & general $7K · Total expenses $230K
3%
Fundraising
Fundraising $14K · Total expenses $230K
6%
Cost to raise $1
Fundraising expense $14K · Solicited contributions $253K
$0.06 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $253K · Total revenue $253K
100%
Government reliance
Government grants — · Total revenue $253K
—
Earned-income share
Program service revenue $0 · Total revenue $253K
0%
Investment reliance
Investment income $0 · Total revenue $253K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $230K
0%
Growth & trend
Revenue growth (YoY)
This year $253K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $176K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $253K · Expenses $230K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $177K
—
Net-asset ratio
Net assets $176K · Total assets $177K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $177K
0%
People & payroll
Highest Reported Total Compensation
Individual Nicky Ulrich · Reported title BOARD TREASURER · Highest reported compensation $0 · Total expenses $230K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $132K · Total expenses $230K
57%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%——
Overhead ratio 3%——
Fundraising cost ratio 6%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 2%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$27K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$266K revenue · ⤓ 990 PDF
FY2024$802K revenue · ⤓ 990 PDF
FY2023$297K revenue · ⤓ 990 PDF
FY2022$262K revenue · ⤓ 990 PDF
FY2021$331K revenue · ⤓ 990 PDF
FY2020$253K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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