Boulder Treasures INC FY2021 filing

Boulder, COUnknown exempt organizationEIN 46-4099034Revenue $606K in FY2021

On file with the IRSbouldertreasures.org1638 Pearl Street · Boulder, CO

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Create pathways to purpose and community for adults with developmental disabilities

83¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
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
1 of 4
filings with a surplus
Average deficit $102K a year · 26% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $44
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$35K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$606K
Spent
$450K
To programs
83%
Net assets
$565K
By yearFY2021–FY2024
Revenue
$606K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$606K
FY2022$627K
FY2023$351K
FY2024−$13K
Expenses
$450K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$450K
FY2022$671K
FY2023$511K
FY2024$349K
Net assets
$565K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$565K
FY2022$522K
FY2023$362K
FY2024$0

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $375K Management & general 16% · $74K Fundraising 0% · $984

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

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Chair-President/CEO
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer/CFO
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Boulder Treasures INC 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

Programs and updates

Helps adults with developmental disabilities find purpose and community connections.

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Provided by the organization

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1 program · $375K · in their own filed words · FY2020
01

Independent, Sustainable Employment in the Community

Ramble on Pearl showcases the employability of apprentices to future employers, while enhancing our customers' awareness of the ability of individuals with developmental disabilities to contribute to their communities.

$375Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$44
Grants paid · 2 grants · $194K · 2023–2023

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$606K
Ln 12
Gifts and grantsLn 1h$321K
Fees for servicesLn 2g$281K
Investment incomeLn 3$4K
Money outPt IX
$450K
Ln 25
Programscol B$375K
Managementcol C$74K
Fundraisingcol D$984
Owns and owesPt X
$565K
net assets · Ln 32
Cash and savingsLn 1–2$58K
Total assetsLn 16$600K
LiabilitiesLn 26$35K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$321K
Government grantsLn 1e$71K
Noncash giftsLn 1g$109K
Fees for servicesLn 2g$281K
Investment incomeLn 3$4K
Gains on assetsLn 7$0
Total revenueLn 12$606K
Assets in detailPt X, end of year
CashLn 1$8K
SavingsLn 2$50K
Cash and savings togetherLn 1–2$58K
InvestmentsLn 11–13$329K
Land, buildings, equipmentLn 10c$36K
Other assetsLn 15$7K
Total assetsLn 16$600K
LiabilitiesLn 26$35K
Net assetsLn 32$565K
OperationsPt I, VI
EmployeesI 519
VolunteersI 69
Fiscal year endsHeaderJune
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 FY21End FY21
Cash and savingsLn 1–2$346K$58K
InvestmentsLn 11–13$0$329K
Land, buildings, equipmentLn 10c$24K$36K
Total assetsLn 16$478K$600K
LiabilitiesLn 26$69K$35K
Net assetsLn 32$409K$565K
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$31K$31K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$141K$141K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$3K$3K$164
Payroll taxesLn 10$14K$12K$3K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$11K$11K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$6K$2K$4K
Advertising and promotionLn 12$1K$578$410$400
Office expensesLn 13$10K$7K$3K$313
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$103K$85K$17K
TravelLn 17$2K$1K$201
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$4K$4K
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$122K$119K$4K$271
All other expensesLn 24e$629$629
Total functional expensesLn 25$450K$375K$74K$984

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest −$13K$349K−$362K$0 990 PDF
FY2023 $351K$511K−$160K$362K 990 PDF
FY2022 $627K$671K−$43K$522K 990 PDF
FY2021 Viewing $606K$450K$156K$565K 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 FY2021 990 (6 parts)
Part I · Summary $606,154 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $137,402$320,779
I-9 Program service revenuePrior year $294,274$281,356
I-10 Investment incomePrior year $3,790$4,019
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $435,466$606,154
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $154,306$189,740
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $284,321$260,147
I-18 Total expensesPrior year $438,627$449,887
I-19 Revenue less expensesPrior year −$3,161$156,267
Part VI · Governance 8 of 8 board members independent, 2 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $606,154 across 11 lines filed
VIII-1e Government grants$71,421
VIII-1f All other contributions, gifts and grants$249,358
VIII-1g Noncash contributions (included above)$109,313
VIII-1h Total contributions, gifts and grants$320,779
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $281,356$281,356
VIII-3 Investment incomeExcluded from tax $4,019$4,019
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 $281,356 · Excluded from tax $4,019$606,154
Part IX · Statement of functional expenses $449,887 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 staffManagement $31,141$31,141
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $141,304$141,304
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $3,093 · Management $164$3,257
IX-10 Payroll taxesPrograms $11,506 · Management $2,532$14,038
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $11,492$11,492
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $1,512 · Management $4,413$5,925
IX-12 Advertising and promotionPrograms $578 · Management $410 · Fundraising $400$1,388
IX-13 Office expensesPrograms $6,871 · Management $2,801 · Fundraising $313$9,985
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $85,302 · Management $17,419$102,721
IX-17 TravelPrograms $1,369 · Management $201$1,570
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 amortizationPrograms $4,001$4,001
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $118,610 · Management $3,555 · Fundraising $271$122,436
IX-24e All other expensesPrograms $629$629
IX-25 Total functional expensesPrograms $374,775 · Management $74,128 · Fundraising $984$449,887
Part X · Balance sheet $599,762 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $18,601$8,067
X-2 Savings and temporary cash investmentsStart of year $327,538$49,804
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $4,724$8,113
X-8 Inventories for sale or useStart of year $95,854$162,027
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $24,345$35,950
X-11 Publicly traded securitiesStart of year $0$328,822
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $6,979$6,979
X-16 Total assetsStart of year $478,041$599,762
X-17 Accounts payable and accrued expensesStart of year $8,521$27,557
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $32,838$7,186
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $10,000$0
X-25 Other liabilitiesStart of year $17,930$0
X-26 Total liabilitiesStart of year $69,289$34,743
X-32 Total net assets or fund balancesStart of year $408,752$565,019
X-33 Total liabilities and net assetsStart of year $478,041$599,762
Part XI · Reconciliation of net assets $565,019 net assets at year end
XI-1 Total revenue$606,154
XI-2 Total expenses$449,887
XI-3 Revenue less expenses$156,267
XI-4 Net assets at start of year$408,752
XI-10 Net assets at end of year$565,019

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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