Hey Neighbor FY2022 filing

Tax-deductible

Colorado Spgs, CO501(c)(3)EducationEIN 27-3365618

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CONO strengthens neighborhoods through community engagement, education, and trust-building.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$83K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · 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 $20K a year · 8% 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
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$83K
to officers and key staff · 30% of spending
Worth a look: pay to officers and key staff is 30% of spending; over 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$22K
21% of total assets
Looks good: liabilities are 21% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$252K
+3% vs prior year
Spent
$279K
To programs
90%
Net assets
$82K
By yearFY2020–FY2024
Revenue
$252K
FY2022▲ +3%
Revenue by fiscal year
FY2020$199K
FY2021$244K
FY2022$252K
FY2023$299K
FY2024$247K
Expenses
$279K
FY2022▲ +90%
Expenses by fiscal year
FY2020$213K
FY2021$147K
FY2022$279K
FY2023$314K
FY2024$190K
Net assets
$82K
FY2022▼ -25%
Net assets by fiscal year
FY2020$9K
FY2021$108K
FY2022$82K
FY2023$67K
FY2024$123K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2010-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Oct 2014.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $251K Management & general 5% · $14K Fundraising 5% · $14K

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

14 people listed on the 990; $83K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$83,335Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kelly Bull’s $40K as Executive Director is at the 31st percentile of top reported officer pay among 1613 $100K–1M education 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Sara Vaas——$83,335$43,494
Kelly Bull$39,875———
Brandon Eldridge—$7,500——

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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Builds stronger neighborhoods by engaging communities, educating residents, and fostering trust.

Provided by the organization

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3 program services account for $251K of program spending, described in the organization's own filed words · FY2022.
01

Education

CONO provides resources for neighborhoods to build leaders and sustain powerful neighborhoods. We provide 2, 10 week Neighborhood University programs per year to teach neighbors on topics of public process, development and housing and advocacy.

$126Kprogram expense
02

Engagement

CONO provides opportunities for neighbors to engage with each other and local government officials. A few of the programs include permitting for block parties and dumpsters for neighborhood clean ups.

$63Kprogram expense
03

Equipping

CONO equips neighbors with toolkits and resources to implement activities in their communities. Some examples are board trainings, neighborhood beautification, safety initiatives and more.

$63Kprogram expense

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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 · FY2023
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$252K
Ln 12
Gifts and grantsLn 1h$252K
Investment incomeLn 3$58
Money outPt IX
$279K
Ln 25
Programscol B$251K
Managementcol C$14K
Fundraisingcol D$14K
Owns and owesPt X
$82K
net assets · Ln 32
Cash and savingsLn 1–2$85K
Total assetsLn 16$103K
LiabilitiesLn 26$22K
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$252K
Government grantsLn 1e$223K
Investment incomeLn 3$58
Gains on assetsLn 7$0
Total revenueLn 12$252K
Assets in detailPt X, end of year
CashLn 1$85K
SavingsLn 2$0
Cash and savings togetherLn 1–2$85K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$18K
Total assetsLn 16$103K
LiabilitiesLn 26$22K
Net assetsLn 32$82K
OperationsPt I, VI
EmployeesI 53
VolunteersI 61
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 FY22End FY22
Cash and savingsLn 1–2$92K$85K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$110K$103K
LiabilitiesLn 26$1K$22K
Net assetsLn 32$108K$82K
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$83K$75K$4K$4K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$70K$63K$4K$4K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$9K$8K$466$465
Payroll taxesLn 10$12K$11K$606$605
Management feesLn 11a$0
Legal feesLn 11b$200$180$10$10
Accounting feesLn 11c$5K$4K$243$242
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$7K$7K$365$365
Office expensesLn 13$954$859$48$47
Information technologyLn 14$4K$3K$189$189
RoyaltiesLn 15$0
OccupancyLn 16$4K$3K$187$186
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$2K$2K$121$121
Other expenses (24a–d)Ln 24$64K$57K$3K$3K
All other expensesLn 24e$17K$15K$856$851
Total functional expensesLn 25$279K$251K$14K$14K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $247K$190K$57K$123K 990 PDF
FY2023 $299K$314K−$15K$67K 990 PDF
FY2022 Viewing $252K$279K−$27K$82K 990 PDF
FY2021 $244K$147K$97K$108K 990 PDF
FY2020 $199K$213K−$14K$9K 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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $252,444 across 9 lines filed
VIII-1e Government grants$223,000
VIII-1f All other contributions, gifts and grants$29,386
VIII-1h Total contributions, gifts and grants$252,386
VIII-3 Investment incomeRelated to mission $58$58
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $58$252,444
Part IX · Statement of functional expenses $279,033 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 staffPrograms $75,002 · Management $4,161 · Fundraising $4,172$83,335
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $63,303 · Management $3,517 · Fundraising $3,517$70,337
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $8,381 · Management $466 · Fundraising $465$9,312
IX-10 Payroll taxesPrograms $10,899 · Management $606 · Fundraising $605$12,110
IX-11a Management fees$0
IX-11b Legal feesPrograms $180 · Management $10 · Fundraising $10$200
IX-11c Accounting feesPrograms $4,368 · Management $243 · Fundraising $242$4,853
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $6,572 · Management $365 · Fundraising $365$7,302
IX-13 Office expensesPrograms $859 · Management $48 · Fundraising $47$954
IX-14 Information technologyPrograms $3,399 · Management $189 · Fundraising $189$3,777
IX-15 Royalties$0
IX-16 OccupancyPrograms $3,360 · Management $187 · Fundraising $186$3,733
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $2,179 · Management $121 · Fundraising $121$2,421
IX-24 Other expenses (24a–d)Programs $57,274 · Management $3,183 · Fundraising $3,181$63,638
IX-24e All other expensesPrograms $15,354 · Management $856 · Fundraising $851$17,061
IX-25 Total functional expensesPrograms $251,130 · Management $13,952 · Fundraising $13,951$279,033
Part X · Balance sheet $103,273 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $91,653$85,273
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, net$0
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 assetsStart of year $18,000$18,000
X-16 Total assetsStart of year $109,653$103,273
X-19 Deferred revenue$18,942
X-25 Other liabilitiesStart of year $1,339$2,606
X-26 Total liabilitiesStart of year $1,339$21,548
X-27 Net assets without donor restrictionsStart of year $108,314$62,783
X-28 Net assets with donor restrictions$18,942
X-32 Total net assets or fund balancesStart of year $108,314$81,725
X-33 Total liabilities and net assetsStart of year $109,653$103,273
Part XI · Reconciliation of net assets $81,725 net assets at year end
XI-1 Total revenue$252,444
XI-2 Total expenses$279,033
XI-3 Revenue less expenses−$26,589
XI-4 Net assets at start of year$108,314
XI-10 Net assets at end of year$81,725

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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