Big Idea Project EIN 46-5040820 Form 990 (PDF) Claim this org

Big Idea Project FY2021 filing

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Empowers high school students with hands-on learning to build leadership, well-being, and job skills. For fiscal year 2021 it reported $293K in revenue, $373K in expenses, and $215K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Littleton, CO
Website
www.bigideaproject.org
Filings
3 on file (2020–2021)
Revenue
$293KFY2021
Expenses
$373K
Net assets
$215K
People
5
Filings
3
Updates
0
More identity details & actions ⌄
EIN  46-5040820 Unknown exempt organization Littleton, CO
Form 990 (PDF)
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Size
<$100K
What they do
Empowers high school students with hands-on learning to build leadership, well-being, and job skills.
Leadership
Tricia Halsey · Executive Dir. · $77K
Money in and out
$293K revenue, $373K expenses
Bottom line
-27% surplus margin
Reported financial activity · FY2021
Total revenue
$293K
Pt VIII · Ln 12
Total expenses
$373K
Pt IX · Ln 25
Net assets
$215K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$80K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.03 Fundraising $0.01
Surplus margin
-27%
revenue over expenses, this year
Program spending
95%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$293K
FY2021▼ -6%
Expenses
$373K
FY2021▼ -3%
Total assets
$253K
FY2021▼ -3%
Total liabilities
$38K
FY20210%
Total revenue
$293K
Pt VIII · Ln 12
Total expenses
$373K
Pt IX · Ln 25
Net assets
$215K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$80K
Total assetsPt X · Ln 16$253K
Program-expense ratioPt IX · col B95%
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 CBig Idea Project
EINHdr · item D46-5040820
Principal addressHdr · item CLittleton, CO
WebsiteHdr · item Jwww.bigideaproject.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 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Dir.
$77,292Pt VII · Sec A
Director
$77,292Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2022FY2021FY2020
Tricia Halsey$80,000$77,292$63,269
Michael Ramsey$80,000
Mike Ramsey$77,292$68,486

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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Mission & Programs · Part III

Where the work happens

1 program service account for $356K of program spending, described in the organization's own filed words · FY2020.
01

Big idea project (high school program)from july 1ST of 2019 through june 30TH of 2020, the big idea project curriculum was used in 13 high schools by 23 teachers to engage over 600 students in 150 service oriented projects.

$356Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$171K · 59%
Program service revenue$81K · 28%
Other revenue$40K · 13%
Contributions & grants59%$171K
Program service revenue28%$81K
Other revenue13%$40K
Investment income$506
Total revenueLn 12$293K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.03 Fundraising $0.01
Program services95%$356K
Management & general3%$11K
Fundraising1%$5K
Total functional expensesLn 25$373K

Balance Sheet

Part X · end of year
CashLn 1$250K
Total assetsLn 16$253K
Total liabilitiesLn 26$38K
Total net assetsLn 32$215K
Months of cash on handcomputed8.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $250K · Operating expenses/yr $373K
8.1 months
Where the money goes
Program services
Program services $356K · Total expenses $373K
95%
Management & General
Management & general $11K · Total expenses $373K
3%
Fundraising
Fundraising $5K · Total expenses $373K
1%
Cost to raise $1
Fundraising expense (2-yr avg) $6K · Solicited contributions (2-yr avg) $220K
$0.03 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $171K · Total revenue $293K
59%
Government reliance
Government grants — · Total revenue $293K
Earned-income share
Program service revenue $81K · Total revenue $293K
28%
Investment reliance
Investment income $506 · Total revenue $293K
+0.2%
Program self-sufficiency
Program service revenue $81K · Total expenses $373K
22%
Growth & trend
Revenue growth (YoY)
This year $293K · Prior year $311K
-6%
Net-asset trend (YoY)
End of year $215K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $293K · Expenses $373K
-27%
Liabilities-to-Assets
Total liabilities — · Total assets $253K
Net-asset ratio
Net assets $215K · Total assets $253K
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $253K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tricia Halsey · Reported title EXECUTIVE DIR. · Highest reported compensation $77K · Total expenses $373K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $258K · Total expenses $373K
69%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 3%
Fundraising cost ratio 3%
Revenue growth -6%
Legal fee ratio 7%

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 · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$23

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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
FY2022 (Latest)$71K revenue · ⤓ 990 PDF
FY2021$293K revenue · viewing · ⤓ 990 PDF
FY2020$311K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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