Boulder Treasures INC FY2023 filing

Boulder, COUnknown exempt organization EIN 46-4099034Revenue $351K in FY2023

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

93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2023 · 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
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
7 mo
of spending, in cash
Looks good: 6.8 months of spending in cash; 3 or more.
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
−$1K
-0.4% of total assets
Looks good: liabilities are -0% 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
$351K
-44% vs prior year
Spent
$511K
To programs
93%
Net assets
$362K
By yearFY2021–FY2024
Revenue
$351K
FY2023▼ -44%
Tap a bar for its year
Revenue by fiscal year
FY2021$606K
FY2022$627K
FY2023$351K
FY2024−$13K
Expenses
$511K
FY2023▼ -24%
Tap a bar for its year
Expenses by fiscal year
FY2021$450K
FY2022$671K
FY2023$511K
FY2024$349K
Net assets
$362K
FY2023▼ -31%
Tap a bar for its year
Net assets by fiscal year
FY2021$565K
FY2022$522K
FY2023$362K
FY2024$0

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 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

93 cents of each dollar spent went to programs.

Program services 93% · $473K Management & general 7% · $37K Fundraising 0% · $879

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

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Chair-President/CEO
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer/CFO
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$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
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

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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2 programs · $473K · in their own filed words · FY2022
01

Independent, Sustainable Employment in the Community

Ramble opportunities operates a job training apprentice program within our retail stores - ramble on pearl and ramble marketplace. Our program showcases the employability of our apprentices to future employers, while enhancing our customers' awareness of the ability of individuals with intellectual and developmental disabilities to…

$462Kprogram expense
02

Community Engagement

Ramble community connections provides a broad range of services to individuals with intellectual and developmental disabilities living on their own within an affordable housing apartment project.

$12Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$351K
Ln 12
Fees for servicesLn 2g$247K
Gifts and grantsLn 1h$161K
Investment incomeLn 3$5K
Money outPt IX
$511K
Ln 25
Programscol B$473K
Managementcol C$37K
Fundraisingcol D$879
Owns and owesPt X
$362K
net assets · Ln 32
Cash and savingsLn 1–2$289K
Total assetsLn 16$361K
LiabilitiesLn 26−$1K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$161K
Government grantsLn 1e$966
Noncash giftsLn 1g$7K
Fees for servicesLn 2g$247K
Investment incomeLn 3$5K
Gains on assetsLn 7−$25K
Total revenueLn 12$351K
Assets in detailPt X, end of year
CashLn 1$11K
SavingsLn 2$278K
Cash and savings togetherLn 1–2$289K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$16K
Other assetsLn 15$7K
Total assetsLn 16$361K
LiabilitiesLn 26−$1K
Net assetsLn 32$362K
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 FY23End FY23
Cash and savingsLn 1–2$20K$289K
InvestmentsLn 11–13$283K$0
Land, buildings, equipmentLn 10c$69K$16K
Total assetsLn 16$566K$361K
LiabilitiesLn 26$44K−$1K
Net assetsLn 32$522K$362K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$39K$39K
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$115K$110K$4K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$3K$4K−$1K
Payroll taxesLn 10$10K$10K
Management feesLn 11a$0
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$12K$12K
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$2K$1K$554
Office expensesLn 13$11K$4K$6K$748
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$121K$121K$351
TravelLn 17$3K$2K$385
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$8K$3K$5K
InsuranceLn 23$700$700
Other expenses (24a–d)Ln 24$180K$177K$3K$131
Total functional expensesLn 25$511K$473K$37K$879

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest −$13K$349K−$362K$0 990 PDF
FY2023 Viewing $351K$511K−$160K$362K 990 PDF
FY2022 $627K$671K−$43K$522K 990 PDF
FY2021 $606K$450K$156K$565K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $351,290 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $219,767$160,897
I-9 Program service revenuePrior year $406,531$246,578
I-10 Investment incomePrior year $1,065−$20,312
I-11 Other revenuePrior year $0−$35,873
I-12 Total revenuePrior year $627,363$351,290
I-13 Grants and similar amounts paidPrior year $0$38,509
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $288,635$128,022
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $382,032$344,395
I-18 Total expensesPrior year $670,667$510,926
I-19 Revenue less expensesPrior year −$43,304−$159,636
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $351,290 across 12 lines filed
VIII-1e Government grants$966
VIII-1f All other contributions, gifts and grants$159,931
VIII-1g Noncash contributions (included above)$7,242
VIII-1h Total contributions, gifts and grants$160,897
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $246,578$246,578
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $4,992$4,992
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$25,304−$25,304
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax −$35,873−$35,873
VIII-12 Total revenueRelated to mission $246,578 · Unrelated business $0 · Excluded from tax −$56,185$351,290
Part IX · Statement of functional expenses $510,926 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $38,509$38,509
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 $110,482 · Management $4,278$114,760
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $4,159 · Management −$1,292$2,867
IX-10 Payroll taxesPrograms $10,395$10,395
IX-11a Management fees$0
IX-11b Legal feesManagement $1,045$1,045
IX-11c Accounting feesManagement $11,879$11,879
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $1,640 · Management $4,075$5,715
IX-12 Advertising and promotionPrograms $1,087 · Management $554$1,641
IX-13 Office expensesPrograms $3,957 · Management $6,450 · Fundraising $748$11,155
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $121,034 · Management $351$121,385
IX-17 TravelPrograms $2,380 · Management $385$2,765
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 $3,021 · Management $4,790$7,811
IX-23 InsuranceManagement $700$700
IX-24 Other expenses (24a–d)Programs $176,788 · Management $3,380 · Fundraising $131$180,299
IX-25 Total functional expensesPrograms $473,452 · Management $36,595 · Fundraising $879$510,926
Part X · Balance sheet $360,761 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $18,800$10,949
X-2 Savings and temporary cash investmentsStart of year $1,437$278,123
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $9,035$0
X-8 Inventories for sale or useStart of year $176,583$49,065
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $69,316$15,645
X-11 Publicly traded securitiesStart of year $283,266$0
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 $7,389$6,979
X-16 Total assetsStart of year $565,826$360,761
X-17 Accounts payable and accrued expensesStart of year $36,071−$1,342
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $8,040$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $44,111−$1,342
X-27 Net assets without donor restrictionsStart of year $521,715$362,103
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $521,715$362,103
X-33 Total liabilities and net assetsStart of year $565,826$360,761
Part XI · Reconciliation of net assets $362,103 net assets at year end
XI-1 Total revenue$351,290
XI-2 Total expenses$510,926
XI-3 Revenue less expenses−$159,636
XI-4 Net assets at start of year$521,715
XI-8 Prior period adjustments$24
XI-10 Net assets at end of year$362,103

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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