Hilltop Ranch

Tax-deductible

Colorado Spgs, CO501(c)(3)Human ServicesEIN 27-3020430Revenue $308K in FY2024

On file with the IRShilltopranch.org3536 Shady Rock Dr, 80920-7300 · Colorado Spgs, COTax-exempt since Aug 2010Publicly supported charity — 170(b)(1)(A)(vi)

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Hilltop ranch's vision is to provide a permanent, forever home where adults with intellectual disabilities can live life to the fullest.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Run by 6 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $78K a year · 27% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $138K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.7M
80% of total assets
Worth a look: liabilities are 80% of assets; over 65%.
Pt X · Ln 26
Independent board members
4
of 6 voting members
Looks good: 4 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$308K
+21% vs prior year
Spent
$376K
To programs
91%
Net assets
$431K
By yearFY2020–FY2024
Revenue
$308K
FY2024▲ +21%
Tap a bar for its year
Revenue by fiscal year
FY2020$448K
FY2021$276K
FY2022$157K
FY2023$255K
FY2024$308K
Expenses
$376K
FY2024▲ +36%
Tap a bar for its year
Expenses by fiscal year
FY2020$13K
FY2021$204K
FY2022$182K
FY2023$277K
FY2024$376K
Net assets
$431K
FY2024▼ -14%
Tap a bar for its year
Net assets by fiscal year
FY2020$475K
FY2021$547K
FY2022$522K
FY2023$500K
FY2024$431K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $344K Management & general 9% · $32K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Hilltop Ranch executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Offers adults with intellectual disabilities a permanent, fulfilling home.

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Provided by the organization

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1 program · $344K · in their own filed words · FY2024
01

We provide a home where adults with intellectual disabilities can live life to the fullest.

$344Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$138K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$308K
Ln 12
Gifts and grantsLn 1h$253K
Other incomeLn 4–11$37K
Investment incomeLn 3$17K
Money outPt IX
$376K
Ln 25
Programscol B$344K
Managementcol C$32K
Owns and owesPt X
$431K
net assets · Ln 32
Cash and savingsLn 1–2$17K
Total assetsLn 16$2.2M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$253K
Investment incomeLn 3$17K
Other incomeLn 4–11$37K
Gains on assetsLn 7$17K
Total revenueLn 12$308K
Assets in detailPt X, end of year
CashLn 1$17K
SavingsLn 2$0
Cash and savings togetherLn 1–2$17K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2.1M
Other assetsLn 15$0
Total assetsLn 16$2.2M
LiabilitiesLn 26$1.7M
Net assetsLn 32$431K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$38K$17K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2.2M$2.1M
Total assetsLn 16$2.2M$2.2M
LiabilitiesLn 26$1.7M$1.7M
Net assetsLn 32$500K$431K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$48K$48K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$5K$5K
Management feesLn 11a$10$10
Legal feesLn 11b$117K$108K$9K
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$3K$2K$1K
Advertising and promotionLn 12$0
Office expensesLn 13$32$32
Information technologyLn 14$2K$919$1K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$7K$699$6K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$82K$73K$9K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$63K$60K$3K
InsuranceLn 23$31K$30K$2K
Other expenses (24a–d)Ln 24$14K$14K
All other expensesLn 24e$3K$2K$1K
Total functional expensesLn 25$376K$344K$32K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $308K$376K−$68K$431K 990 PDF
FY2023 $255K$277K−$22K$500K 990 PDF
FY2022 $157K$182K−$26K$522K 990 PDF
FY2021 $276K$204K$72K$547K 990 PDF
FY2020 $448K$13K$435K$475K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $307,801 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $158,016$253,000
I-9 Program service revenue$0
I-10 Investment incomePrior year $145$17,377
I-11 Other revenuePrior year $96,368$37,424
I-12 Total revenuePrior year $254,529$307,801
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $84,460$53,501
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $192,087$322,453
I-18 Total expensesPrior year $276,547$375,954
I-19 Revenue less expensesPrior year −$22,018−$68,153
Part VI · Governance 4 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $307,801 across 8 lines filed
VIII-1f All other contributions, gifts and grants$253,000
VIII-1h Total contributions, gifts and grants$253,000
VIII-3 Investment incomeRelated to mission $309$309
VIII-5 Royalties$0
VIII-6 Net rental income or lossExcluded from tax $37,424$37,424
VIII-7 Net gain or loss on sales of assetsExcluded from tax $17,068$17,068
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $309 · Excluded from tax $54,492$307,801
Part IX · Statement of functional expenses $375,954 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $48,461$48,461
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $5,040$5,040
IX-11a Management feesManagement $10$10
IX-11b Legal feesPrograms $108,000 · Management $8,784$116,784
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $1,592 · Management $1,300$2,892
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $32$32
IX-14 Information technologyPrograms $919 · Management $1,285$2,204
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $699 · Management $6,081$6,780
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $73,212 · Management $8,876$82,088
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $59,794 · Management $3,147$62,941
IX-23 InsurancePrograms $29,874 · Management $1,527$31,401
IX-24 Other expenses (24a–d)Programs $14,280$14,280
IX-24e All other expensesPrograms $1,899 · Management $1,142$3,041
IX-25 Total functional expensesPrograms $343,770 · Management $32,184 · Fundraising $0$375,954
Part X · Balance sheet $2,162,317 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $37,649$16,656
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $2,207,466$2,145,661
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $2,245,115$2,162,317
X-17 Accounts payable and accrued expensesStart of year $1,271$10,566
X-18 Grants payable$29,991
X-25 Other liabilities$1
X-26 Total liabilitiesStart of year $1,745,564$1,730,919
X-27 Net assets without donor restrictionsStart of year $499,551$431,398
X-32 Total net assets or fund balancesStart of year $499,551$431,398
X-33 Total liabilities and net assetsStart of year $2,245,115$2,162,317
Part XI · Reconciliation of net assets $431,398 net assets at year end
XI-1 Total revenue$307,801
XI-2 Total expenses$375,954
XI-3 Revenue less expenses−$68,153
XI-4 Net assets at start of year$499,551
XI-10 Net assets at end of year$431,398

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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