Foothills Rotary Charitable Foundation FY2020 filing

Tax-deductible

Fort Collins, CO501(c)(3)Since 1988EIN 74-2532730Revenue $76K in FY2020

On file with the IRSPo Box 271667, 80527-1667 · Fort Collins, COTax-exempt since Aug 1989Publicly supported charity — 170(b)(1)(A)(vi)

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Scholarship and Education

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
5 of 5
filings with a surplus
Average surplus $22K a year · 27% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
61 mo
of spending, in cash
Looks good: 61.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
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
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
$76K
Spent
$31K
To programs
91%
Net assets
$782K
By yearFY2020–FY2024
Revenue
$76K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$76K
FY2021$122K
FY2022$68K
FY2023$75K
FY2024$74K
FY2024$132K
Expenses
$31K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$31K
FY2021$105K
FY2022$42K
FY2023$50K
FY2024$73K
FY2024$80K
Net assets
$782K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$782K
FY2021$971K
FY2022$878K
FY2023$998K
FY2024$1.1M
FY2024$1.2M

From the FY2020 Form 990 (year ending June 2020) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 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 Aug 1989.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $28K Fundraising 9% · $3K

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 (FY2019); the FY2020 filing did not itemize Part VII
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Foothills Rotary Charitable 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

Foothills Rotary Charitable Foundation is a nonprofit based in Fort Collins, CO, formed in 1988.

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Provided by the organization

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1 program · $28K · in their own filed words · FY2019
01

Tuition scholarships to post-secondary educational institutions provided to non traditional students.

$28Kprogram 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
Total grants receivedfrom 1 funder$8K
Grants paid · 9 grants · $169K · 2019–2024
Project Self SufficiancyFY2024$35,000
Colorado State UniversityFY2024$18,000
Front Range Community CollegeFY2024$14,000
Project Self SufficiancyFY2023$32,000
Colorado State UniversityFY2023$22,800
Front Range Community CollegeFY2023$9,500
Colorado State UniversityFY2022$19,000
Front Range Community CollegeFY2019$10,200
Colorado State UniversityFY2019$8,500

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$76K
Ln 12
Gifts and grantsLn 1h$51K
Investment incomeLn 3$13K
Other incomeLn 4–11$11K
Money outPt IX
$31K
Ln 25
Programscol B$28K
Fundraisingcol D$3K
Owns and owesPt X
$782K
net assets · Ln 32
Cash and savingsLn 1–2$157K
Total assetsLn 16$782K
LiabilitiesLn 26$0
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$51K
Investment incomeLn 3$13K
Other incomeLn 4–11$11K
Gains on assetsLn 7$0
Total revenueLn 12$76K
Assets in detailPt X, end of year
CashLn 1$157K
SavingsLn 2$0
Cash and savings togetherLn 1–2$157K
InvestmentsLn 11–13$626K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$782K
LiabilitiesLn 26$0
Net assetsLn 32$782K
OperationsPt I, VI
EmployeesI 50
VolunteersI 69
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$110K$157K
InvestmentsLn 11–13$627K$626K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$738K$782K
LiabilitiesLn 26$2$0
Net assetsLn 32$738K$782K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$27K$27K
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$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$1K$1K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
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$0
Other expenses (24a–d)Ln 24$3K$106$3K
All other expensesLn 24e$0
Total functional expensesLn 25$31K$28K$0$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $74K$73K$1K$1.1M 990 PDF
FY2023 $75K$50K$24K$998K 990 PDF
FY2022 $68K$42K$26K$878K 990 PDF
FY2021 $122K$105K$16K$971K 990 PDF
FY2020 Viewing $76K$31K$45K$782K 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 FY2020 990 (6 parts)
Part I · Summary $75,615 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $47,324$51,345
I-9 Program service revenue$0
I-10 Investment incomePrior year $24,146$13,157
I-11 Other revenue$11,113
I-12 Total revenuePrior year $71,470$75,615
I-13 Grants and similar amounts paidPrior year $33,258$26,770
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $8,616$3,950
I-18 Total expensesPrior year $41,874$30,720
I-19 Revenue less expensesPrior year $29,596$44,895
Part VI · Governance 8 of 8 board members independent, 4 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $75,615 across 8 lines filed
VIII-1f All other contributions, gifts and grants$51,345
VIII-1h Total contributions, gifts and grants$51,345
VIII-3 Investment incomeRelated to mission $13,157$13,157
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 eventsExcluded from tax $11,113$11,113
VIII-12 Total revenueRelated to mission $13,157 · Excluded from tax $11,113$75,615
Part IX · Statement of functional expenses $30,720 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $26,770$26,770
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 wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $1,115$1,115
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 promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
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 Insurance$0
IX-24 Other expenses (24a–d)Programs $106 · Fundraising $2,729$2,835
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $27,991 · Management $0 · Fundraising $2,729$30,720
Part X · Balance sheet $782,450 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $110,058$156,568
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 $627,498$625,882
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $1$0
X-16 Total assetsStart of year $737,557$782,450
X-26 Total liabilitiesStart of year $2$0
X-27 Net assets without donor restrictionsStart of year $737,555$782,450
X-32 Total net assets or fund balancesStart of year $737,555$782,450
X-33 Total liabilities and net assetsStart of year $737,557$782,450
Part XI · Reconciliation of net assets $782,450 net assets at year end
XI-1 Total revenue$75,615
XI-2 Total expenses$30,720
XI-3 Revenue less expenses$44,895
XI-4 Net assets at start of year$737,555
XI-10 Net assets at end of year$782,450

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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