Monument Hill Foundation EIN 20-1630067 Form 990 (PDF) Claim this org

Monument Hill Foundation

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Supports youth and the community, especially in Northern El Paso County, Colorado. For fiscal year 2025 it reported $200K in revenue, $136K in expenses, and $980K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Monument, CO
Website
monumenthillfoundation.org
Filings
5 on file (2021–2025)
Revenue
$200KFY2025
Expenses
$136K
Net assets
$980K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-1630067 Public foundation / grantmaker Monument, CO
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports youth and the community, especially in Northern El Paso County, Colorado.
Leadership
Richard Strom · President
Money in and out
$200K revenue, $136K expenses
Bottom line
100% program efficiency
Grants paid & assets · FY2025
Total revenue
$200K
Pt VIII · Ln 12
Total expenses
$136K
Pt IX · Ln 25
Net assets
$980K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $64K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs▲ +10% vs prior filing year
Operating runway
86.7mo
months of highly liquid reserves at operating expense rate▲ +20% vs prior filing year
Surplus margin
+32%
revenue over expenses, this year▲ +95% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$200K
FY2025▲ +10%
Expenses
$136K
FY2025▼ -10%
Total assets
$980K
FY2025▲ +7%
Total liabilities
$0
FY2025▼ -100%
Total revenue
$200K
Pt VIII · Ln 12
Total expenses
$136K
Pt IX · Ln 25
Net assets
$980K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$64K
Total assetsPt X · Ln 16$980K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMonument Hill Foundation
EINHdr · item D20-1630067
Principal addressHdr · item CMonument, CO
WebsiteHdr · item Jmonumenthillfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
Ruling yearIRS BMFFeb 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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $136K of program spending, described in the organization's own filed words · FY2024.
01

Provide scholarships to youth and service to mankind. Childrens literacy, casa, rmyl, special kids, special families, childrens advocacy CENTER/SAFE passage, monumnet warriors (special olympics), honor flight of colorado springs, and support for youth activities in the schools and community.

$90Kprogram expense
02

Provide donations to salvation army from bell ringing

$32Kprogram expense
03

Provide donations to tri-lakes cares empty bowl program

$14Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$133K · 67%
Investment income$67K · 33%
Contributions & grants67%$133K
Investment income33%$67K
Total revenueLn 12$200K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$136K
Total functional expensesLn 25$136K

Balance Sheet

Part X · end of year
CashLn 1$104K
Total assetsLn 16$980K
Total liabilitiesLn 26$0
Total net assetsLn 32$980K
Months of cash on handcomputed9.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $980K · Operating expenses/yr $136K
86.7 months
Where the money goes
Program services
Program services $136K · Total expenses $136K
100%
Management & General
Management & general $0 · Total expenses $136K
0%
Fundraising
Fundraising $0 · Total expenses $136K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $61 · Solicited contributions (3-yr avg) $145K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $133K · Total revenue $200K
67%
Government reliance
Government grants — · Total revenue $200K
Earned-income share
Program service revenue $0 · Total revenue $200K
0%
Investment reliance
Investment income $67K · Total revenue $200K
+33%
Program self-sufficiency
Program service revenue $0 · Total expenses $136K
0%
Growth & trend
Revenue growth (YoY)
This year $200K · Prior year $182K
+10%
Revenue CAGR
FY2020 $121K · FY2024 $200K
+13%
Net-asset trend (YoY)
End of year $980K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $200K · Expenses $136K
+32%
Liabilities-to-Assets
Total liabilities — · Total assets $980K
Net-asset ratio
Net assets $980K · Total assets $980K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $876K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $980K
89%
People & payroll
Highest Reported Total Compensation
Individual Richard Strom · Reported title President · Highest reported compensation $0 · Total expenses $136K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $136K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 10%
Accounting fee ratio 2%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 16 grants · $292K · 2020–2024
Salvation ArmyFY2024$32,213
Trilakes CaresFY2024$13,650
Salvation ArmyFY2023$36,550
Tri Lakes CaresCO · FY2023$13,581
Salvation ArmyFY2022$33,510
Tri-Lakes Cares Empty BowlFY2022$13,488
Tri-Lakes Cares (from Oocmhkc)FY2022$10,000
Pikes Peak State CollegeFY2022$9,750
Salvation ArmyFY2021$32,119
Tri-Lakes Cares Empty BowlFY2021$16,913
Salvation ArmyFY2020$35,191
Tri-Lakes Cares Empty BowlFY2020$14,911
Pikes Peak Community CollegeFY2020$6,250

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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)$200K revenue · viewing · ⤓ 990 PDF
FY2024$182K revenue · ⤓ 990 PDF
FY2023$129K revenue · ⤓ 990 PDF
FY2022$196K revenue · ⤓ 990 PDF
FY2021$121K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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