The Mile High Five Foundation EIN 46-2045437 Form 990 (PDF) Claim this org

The Mile High Five Foundation

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Supports Colorado nonprofits improving at-risk youth health, mental health, and education. For fiscal year 2023 it reported $91K in revenue, $102K in expenses.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Denver, CO
Website
www.milehigh5foundation.org
Filings
4 on file (2020–2023)
Revenue
$91KFY2023
Expenses
$102K
Net assets
$0
People
7
Filings
4
Updates
0
More identity details & actions ⌄
EIN  46-2045437 Unknown exempt organization Denver, CO
Form 990 (PDF)
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Size
<$100K
What they do
Supports Colorado nonprofits improving at-risk youth health, mental health, and education.
Leadership
Eric Holt · Chairman
Money in and out
$91K revenue, $102K expenses
Bottom line
-12% surplus margin
Reported financial activity · FY2023
Total revenue
$91K
Pt VIII · Ln 12
Total expenses
$102K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$11K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Surplus margin
-12%
revenue over expenses, this year▼ -19% vs prior filing year
Program spending
98%
of expenses reach programs▲ +44% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$91K
FY2023▼ -32%
Expenses
$102K
FY2023▼ -31%
Total assets
$0
FY2023▼ -100%
Total liabilities
$0
FY2023
Total revenue
$91K
Pt VIII · Ln 12
Total expenses
$102K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$11K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Mile High Five Foundation
EINHdr · item D46-2045437
Principal addressHdr · item CDenver, CO
WebsiteHdr · item Jwww.milehigh5foundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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
Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Mile High Five Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $100K of program spending, described in the organization's own filed words · FY2023.
01

To improve the lives of Colorado's at-risk youth population by supporting non-profit organizations that provide services in the areas of children's health, mental health and education.

$100Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants312%$283K
Total revenueLn 12$91K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$100K
Management & general2%$2K
Total functional expensesLn 25$102K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $102K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $100K · Total expenses $102K
98%
Management & General
Management & general $2K · Total expenses $102K
2%
Fundraising
Fundraising $0 · Total expenses $102K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $22K · Solicited contributions (3-yr avg) $266K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $283K · Total revenue $91K
312%
Government reliance
Government grants — · Total revenue $91K
Earned-income share
Program service revenue $0 · Total revenue $91K
0%
Investment reliance
Investment income $0 · Total revenue $91K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $102K
0%
Growth & trend
Revenue growth (YoY)
This year $91K · Prior year $133K
-32%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $91K · Expenses $102K
-12%
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Eric Holt · Reported title Chairman · Highest reported compensation $0 · Total expenses $102K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $102K
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $37K · Gross raised $374K
10%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth -32%
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 · FY2023
Total grants receivedfrom 4 funders$25K
See all 4 funders →
Grants paid · 3 grants · $260K · 2020–2023
Food for Thought DenverCO · FY2023$100,000
Greenlight Fund INCMA · FY2022$100,000
University Prep INCCO · FY2020$60,000

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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
FY2023 (Latest)$91K revenue · viewing · ⤓ 990 PDF
FY2022$133K revenue · ⤓ 990 PDF
FY2021$173K revenue · ⤓ 990 PDF
FY2020$28K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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