The Cloud Foundation EIN 20-1740623

The Cloud Foundation FY2021 filing

EIN  20-1740623 Public charity (501(c)(3)) Colorado Spgs, CO
Form 990 (PDF)
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Size
$100K–1M
What they do
Preserves wild horses and burros on public lands, focusing on unique herds.
Leadership
Virginia Kathrens · President
Money in and out
$392K revenue, $312K expenses
Bottom line
78% program efficiency

Preserves wild horses and burros on public lands, focusing on unique herds. For fiscal year 2021 it reported $392K in revenue, $312K in expenses, and $435K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$392K
Pt VIII · Ln 12
Total expenses
$312K
Pt IX · Ln 25
Net assets
$435K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $80K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.20 Fundraising $0.03
Program efficiency
78%
of spending reaches programs
Operating runway
11.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+20%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$392K
FY2021▲ +5%
Expenses
$312K
FY2021▼ -31%
Total assets
$445K
FY2021▲ +11%
Total liabilities
$10K
FY2021▼ -78%
Total revenue
$392K
Pt VIII · Ln 12
Total expenses
$312K
Pt IX · Ln 25
Net assets
$435K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$80K
Total assetsPt X · Ln 16$445K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $242K of program spending, described in the organization's own filed words · FY2021.
01

The cloud foundation executive director, 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.

$242Kprogram expense
02

TCF has, since its inception (2005), legally challenged the BLM in the pryor mountains of montana to reduce excessive removal of wild horses; actions which TCF argues threaten the genetic viability and long-term survival of this unique spanish herd. TCF is awaiting the verdict in their current suit against both BLM and the U.S.

Pt IX · col B
03

Since its inception (2005) TCF has directly rescued dozens of mustangs that were bound for dirt holding areas managed by the government or were on their way to killer buyer auctions. The foundation has facilitated the adoption and purchase of dozens of other once wild horses.

Pt IX · col B

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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
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Special Proj
$0Pt VII · Sec A
Director
$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 & grants100%$391K
Investment income$301
— government grantsLn 1e$23K
Total revenueLn 12$392K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.20 Fundraising $0.03
Program services78%$242K
Management & general20%$61K
Fundraising3%$8K
Total functional expensesLn 25$312K

Balance Sheet

Part X · end of year
CashLn 1$308K
Total assetsLn 16$445K
Total liabilitiesLn 26$10K
Total net assetsLn 32$435K
Months of cash on handcomputed11.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $308K · Operating expenses/yr $312K
11.9 months
Where the money goes
Program services
Program services $242K · Total expenses $312K
78%
Management & General
Management & general $61K · Total expenses $312K
20%
Fundraising
Fundraising $8K · Total expenses $312K
3%
Cost to raise $1
Fundraising expense (2-yr avg) $6K · Solicited contributions (2-yr avg) $345K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $391K · Total revenue $392K
100%
Government reliance
Government grants $23K · Total revenue $392K
6%
Earned-income share
Program service revenue $0 · Total revenue $392K
0%
Investment reliance
Investment income $301 · Total revenue $392K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $312K
0%
Growth & trend
Revenue growth (YoY)
This year $392K · Prior year $373K
+5%
Net-asset trend (YoY)
End of year $435K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $392K · Expenses $312K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $445K
Net-asset ratio
Net assets $435K · Total assets $445K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $445K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Virginia Kathrens · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $312K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $133K · Total expenses $312K
43%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 20%
Fundraising cost ratio 2%
Revenue growth 5%

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 · ⤓ 990 PDF
FY2023$484K revenue · ⤓ 990 PDF
FY2022$317K revenue · ⤓ 990 PDF
FY2021$392K revenue · viewing · ⤓ 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) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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