Durango Education Foundation FY2023 filing

Tax-deductible

Durango, CO501(c)(3)EducationEIN 74-2350944Revenue $351K in FY2023

On file with the IRSdurangoeducationfoundation.org281 Sawyer Dr Ste 100, 81303-3409 · Durango, COTax-exempt since Apr 1985Publicly supported — 509(a)(2)

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To provide financial support to Durango School District 9-R for programs, materials, and technology needs that fall outside the capacity of the regular school district budget.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$28K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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
4 of 5
filings with a surplus
Average surplus $24K a year · 6% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$28K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $408K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 12 voting members
Looks good: 11 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$351K
-15% vs prior year
Spent
$318K
To programs
79%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$351K
FY2023▼ -15%
Tap a bar for its year
Revenue by fiscal year
FY2020$274K
FY2021$454K
FY2022$413K
FY2023$351K
FY2024$546K
Expenses
$318K
FY2023▼ -52%
Tap a bar for its year
Expenses by fiscal year
FY2020$211K
FY2021$292K
FY2022$663K
FY2023$318K
FY2024$433K
Net assets
$1.3M
FY2023▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$1.6M
FY2022$1.1M
FY2023$1.3M
FY2024$1.4M

From the FY2023 Form 990 · 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 ruling in Apr 1985.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $250K Management & general 13% · $43K Fundraising 8% · $25K

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

13 people listed on the 990; $28K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$28,125Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Wendy Allsbrook Javier’s $78K as Executive Director is at the 69th 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

NameFY2024FY2023FY2021FY2020
Wendy Allsbrook Javier$77,500———
Diana Cruz——$56,667$57,750
Wendy Alsbrook Javier—$28,125——

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.

See Durango Education Foundation 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds school programs, materials, and technology beyond the district's budget.

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Provided by the organization

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1 program · $250K · in their own filed words · FY2023
01

In 2023, Durango Education Foundation continued to concentrate on giving financial support to Durango School District 9-R ("9-R")classrooms and to community organization which serve 9-R students, as well as providing service events such as resource fairs and teacher appreciation celebrations.DEF funded grants to teachers to support a…

$250Kprogram 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 · FY2024
See all 8 funders →
Grants paid · 8 grants · $594K · 2020–2024
Durango School District & OthersFY2024$177,429
Unitemized GrantFY2024$102,000
Unitemized GrantFY2023$42,500
Unitemized GrantFY2022$36,960
School District 9-RFY2021$100,300
Unitemized GrantFY2021$41,000
School District 9-RFY2020$74,029
Unitemized GrantFY2020$20,200

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$351K
Ln 12
Gifts and grantsLn 1h$260K
Other incomeLn 4–11$50K
Investment incomeLn 3$30K
Money outPt IX
$318K
Ln 25
Programscol B$250K
Managementcol C$43K
Fundraisingcol D$25K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$81K
Total assetsLn 16$1.3M
LiabilitiesLn 26$0
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$260K
Noncash giftsLn 1g$125K
Fees for servicesLn 2g$11K
Investment incomeLn 3$30K
Other incomeLn 4–11$50K
Gains on assetsLn 7−$19K
Total revenueLn 12$351K
Assets in detailPt X, end of year
CashLn 1$81K
SavingsLn 2$0
Cash and savings togetherLn 1–2$81K
InvestmentsLn 11–13$1.2M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$1.3M
LiabilitiesLn 26$0
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 51
VolunteersI 649
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$75K$81K
InvestmentsLn 11–13$1.1M$1.2M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$1.1M$1.3M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.1M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$154K$154K
Grants to domestic individualsLn 2$51K$51K
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$62K$31K$22K$9K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$8K$4K$3K$1K
Payroll taxesLn 10$5K$2K$2K$708
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$9K$9K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$73$73
Office expensesLn 13$3K$2K$1K$461
Information technologyLn 14$248$124$87$37
RoyaltiesLn 15$0
OccupancyLn 16$0
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$161$2K$48
Other expenses (24a–d)Ln 24$24K$6K$5K$14K
All other expensesLn 24e$95$95
Total functional expensesLn 25$318K$250K$43K$25K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $546K$433K$112K$1.4M 990 PDF
FY2023 Viewing $351K$318K$33K$1.3M 990 PDF
FY2022 $413K$663K−$250K$1.1M 990 PDF
FY2021 $454K$292K$163K$1.6M 990 PDF
FY2020 $274K$211K$63K$1.5M 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 FY2023 990 (6 parts)
Part I · Summary $350,785 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $282,625$259,938
I-9 Program service revenuePrior year $6,481$11,200
I-10 Investment incomePrior year $42,641$29,825
I-11 Other revenuePrior year $81,111$49,822
I-12 Total revenuePrior year $412,858$350,785
I-13 Grants and similar amounts paidPrior year $552,880$205,213
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $70,125$74,841
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $39,651$38,009
I-18 Total expensesPrior year $662,656$318,063
I-19 Revenue less expensesPrior year −$249,798$32,722
Part VI · Governance 11 of 12 board members independent, 2 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members11
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $350,785 across 10 lines filed
VIII-1f All other contributions, gifts and grants$259,938
VIII-1g Noncash contributions (included above)$125,185
VIII-1h Total contributions, gifts and grants$259,938
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,200$11,200
VIII-3 Investment incomeRelated to mission $49,140$49,140
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission −$19,315−$19,315
VIII-8 Net income from fundraising events$49,822
VIII-12 Total revenueRelated to mission $41,025$350,785
Part IX · Statement of functional expenses $318,063 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $154,054$154,054
IX-2 Grants to domestic individualsPrograms $51,159$51,159
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 $30,858 · Management $21,601 · Fundraising $9,258$61,717
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $4,202 · Management $2,941 · Fundraising $1,260$8,403
IX-10 Payroll taxesPrograms $2,361 · Management $1,652 · Fundraising $708$4,721
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $8,633$8,633
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 promotionManagement $73$73
IX-13 Office expensesPrograms $1,535 · Management $1,075 · Fundraising $461$3,071
IX-14 Information technologyPrograms $124 · Management $87 · Fundraising $37$248
IX-15 Royalties$0
IX-16 Occupancy$0
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 $161 · Management $1,551 · Fundraising $48$1,760
IX-24 Other expenses (24a–d)Programs $5,642 · Management $4,974 · Fundraising $13,513$24,129
IX-24e All other expensesManagement $95$95
IX-25 Total functional expensesPrograms $250,096 · Management $42,682 · Fundraising $25,285$318,063
Part X · Balance sheet $1,264,233 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $75,354$80,544
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 securitiesStart of year $1,061,724$1,183,689
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,137,078$1,264,233
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $561,105$680,132
X-28 Net assets with donor restrictionsStart of year $575,973$584,101
X-32 Total net assets or fund balancesStart of year $1,137,078$1,264,233
X-33 Total liabilities and net assetsStart of year $1,137,078$1,264,233
Part XI · Reconciliation of net assets $1,264,233 net assets at year end
XI-1 Total revenue$350,785
XI-2 Total expenses$318,063
XI-3 Revenue less expenses$32,722
XI-4 Net assets at start of year$1,137,078
XI-5 Net unrealized gains (losses) on investments$94,433
XI-10 Net assets at end of year$1,264,233

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

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