The Cloud Foundation EIN 20-1740623

The Cloud Foundation

EIN  20-1740623 Public charity (501(c)(3)) Colorado Spgs, CO
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Preserves wild horses and burros on public lands, focusing on unique herds.
Leadership
Kerry Ferguson · Executive Director · $68K
Money in and out
$336K revenue, $371K expenses
Bottom line
72% program efficiency

Preserves wild horses and burros on public lands, focusing on unique herds. For fiscal year 2024 it reported $336K in revenue, $371K in expenses, and $544K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$336K
Pt VIII · Ln 12
Total expenses
$371K
Pt IX · Ln 25
Net assets
$544K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$34K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.19 Fundraising $0.09
Program efficiency
72%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
13.9mo
months of highly liquid reserves at operating expense rate▼ -15% vs prior filing year
Surplus margin
-10%
revenue over expenses, this year▼ -136% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$336K
FY2024▼ -31%
Expenses
$371K
FY2024▲ +6%
Total assets
$547K
FY2024▼ -6%
Total liabilities
$3K
FY2024▼ -20%
Total revenue
$336K
Pt VIII · Ln 12
Total expenses
$371K
Pt IX · Ln 25
Net assets
$544K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$34K
Total assetsPt X · Ln 16$547K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $266K of program spending, described in the organization's own filed words · FY2024.
01

The cloud foundation founder, ginger kathrens, is regularly invited to speak at national and international meetings and conferences advocating the preservation of wild horses and burros. The foundation has been featured on abc, NBC, CNN, and PBS, educating a national audience about the need to preserve wild horses and burros.

$266Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Cloud Foundation
EINHdr · item D20-1740623
Principal addressHdr · item CColorado Spgs, CO
WebsiteHdr · item Jwww.thecloudfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D30)
Ruling yearIRS BMFAug 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Executive Director
$67,844Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kerry Ferguson’s $68K as Executive Director is at the 75th percentile of top reported officer pay among 1217 $100K–1M animals nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022
Kerry Ferguson$67,844$65,000$16,250

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants105%$352K
Program service revenue$185
Investment income$248
Total revenueLn 12$336K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.19 Fundraising $0.09
Program services72%$266K
Management & general19%$71K
Fundraising9%$34K
Total functional expensesLn 25$371K

Balance Sheet

Part X · end of year
CashLn 1$429K
Total assetsLn 16$547K
Total liabilitiesLn 26$3K
Total net assetsLn 32$544K
Months of cash on handcomputed13.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $429K · Operating expenses/yr $371K
13.9 months
Where the money goes
Program services
Program services $266K · Total expenses $371K
72%
Management & General
Management & general $71K · Total expenses $371K
19%
Fundraising
Fundraising $34K · Total expenses $371K
9%
Cost to raise $1
Fundraising expense (3-yr avg) $23K · Solicited contributions (3-yr avg) $384K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $352K · Total revenue $336K
105%
Government reliance
Government grants — · Total revenue $336K
Earned-income share
Program service revenue $185 · Total revenue $336K
0%
Investment reliance
Investment income $248 · Total revenue $336K
0%
Program self-sufficiency
Program service revenue $185 · Total expenses $371K
0%
Growth & trend
Revenue growth (YoY)
This year $336K · Prior year $484K
-31%
Revenue CAGR
FY2020 $373K · FY2024 $336K
-3%
Net-asset trend (YoY)
End of year $544K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $336K · Expenses $371K
-10%
Liabilities-to-Assets
Total liabilities — · Total assets $547K
Net-asset ratio
Net assets $544K · Total assets $547K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $547K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kerry Ferguson · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $68K · Total expenses $371K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $140K · Total expenses $371K
38%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 19%
Fundraising cost ratio 10%
Revenue growth -31%
Accounting fee ratio 3%

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 · FY2024
See all 4 funders →

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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
FY2024 (Latest)$336K revenue · viewing · ⤓ 990 PDF
FY2023$484K revenue · ⤓ 990 PDF
FY2022$317K revenue · ⤓ 990 PDF
FY2021$392K revenue · ⤓ 990 PDF
FY2020$373K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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