Paonia Experiential FY2021 filing

Paonia, COUnknown exempt organization EIN 82-2503142Revenue $253K in FY2021

On file with the IRS12999 Minerich Rd · Paonia, CO

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Our mission is to humanize the educational experience, increase long-term student wellbeing, and to send capable, compassionate leaders into the world who understand how to thrive in our constantly changing environment.

96¢ of each $1 spent went to programs.
$55K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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
2 of 4
filings with a surplus
Average surplus $781 a year · under 1% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$55K
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$88K
64% of total assets
Fine: liabilities are 64% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$253K
+81% vs prior year
Spent
$213K
To programs
96%
Net assets
$50K
By yearFY2020–FY2024
Revenue
$253K
FY2021▲ +81%
Tap a bar for its year
Revenue by fiscal year
FY2020$140K
FY2021$253K
FY2022$207K
FY2023$202K
FY2024$64K
Expenses
$213K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$213K
FY2022$241K
FY2023$180K
FY2024$89K
Net assets
$50K
FY2021▲ +397%
Tap a bar for its year
Net assets by fiscal year
FY2020$10K
FY2021$50K
FY2022$16K
FY2023$25K
FY2024$0

From the FY2021 Form 990 · see the original

990 PDF Claim
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

96 cents of each dollar spent went to programs.

Program services 96% · $205K Management & general 4% · $8K

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

4 people listed on the 990; $55K paid to officers and key staff.

Part VII, Section A · reportable compensation
Vice-Chair
$54,750Pt VII · Sec A
$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
Emily Wassell—$54,750$26,792
Amy Deluca$54,000——
Phil Wassell——$35,417

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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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

Nurtures students to become capable, compassionate leaders who thrive in a changing world.

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Provided by the organization

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1 program · $205K · in their own filed words · FY2021
01

Humanize the educational experience, increase long-term student wellbeing, and to send capable, compassionate leaders into the world who understand how to thrive in our constantly changing environment.

$205Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$253K
Ln 12
Fees for servicesLn 2g$235K
Gifts and grantsLn 1h$15K
Other incomeLn 4–11$3K
Money outPt IX
$213K
Ln 25
Programscol B$205K
Managementcol C$8K
Owns and owesPt X
$50K
net assets · Ln 32
Cash and savingsLn 1–2$56K
Total assetsLn 16$138K
LiabilitiesLn 26$88K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$15K
Noncash giftsLn 1g$692
Fees for servicesLn 2g$235K
Other incomeLn 4–11$3K
Total revenueLn 12$253K
Assets in detailPt X, end of year
CashLn 1$56K
Cash and savings togetherLn 1–2$56K
Land, buildings, equipmentLn 10c$81K
Total assetsLn 16$138K
LiabilitiesLn 26$88K
Net assetsLn 32$50K
OperationsPt I, VI
EmployeesI 512
Fiscal year endsHeaderDecember
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 FY21End FY21
Cash and savingsLn 1–2$55K$56K
Land, buildings, equipmentLn 10c$51K$81K
Total assetsLn 16$106K$138K
LiabilitiesLn 26$96K$88K
Net assetsLn 32$10K$50K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$55K$55K
Other salaries and wagesLn 7$29K$24K$4K
Other employee benefitsLn 9$904$768$136
Payroll taxesLn 10$8K$7K$1K
Legal feesLn 11b$333$333
Accounting feesLn 11c$1K$1K
Other fees for servicesLn 11g$7K$7K
Advertising and promotionLn 12$537$537
Office expensesLn 13$19K$19K
OccupancyLn 16$27K$27K
TravelLn 17$4K$4K
InterestLn 20$4K$4K
Depreciation, depletion and amortizationLn 22$14K$14K
InsuranceLn 23$5K$4K$683
Other expenses (24a–d)Ln 24$37K$37K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$213K$205K$8K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $64K$89K−$25K$0 990 PDF
FY2023 $202K$180K$22K$25K 990 PDF
FY2022 $207K$241K−$33K$16K 990 PDF
FY2021 Viewing $253K$213K$40K$50K 990 PDF
FY2020 $140K$10K 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 FY2021 990 (6 parts)
Part I · Summary $252,944 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,000$14,730
I-9 Program service revenuePrior year $133,199$235,236
I-10 Investment income$0
I-11 Other revenuePrior year $900$2,978
I-12 Total revenuePrior year $140,099$252,944
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $66,968$92,493
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $85,311$120,915
I-18 Total expensesPrior year $152,279$213,408
I-19 Revenue less expensesPrior year −$12,180$39,536
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
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 $252,944 across 6 lines filed
VIII-1f All other contributions, gifts and grants$14,730
VIII-1g Noncash contributions (included above)$692
VIII-1h Total contributions, gifts and grants$14,730
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $235,236$235,236
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,978$2,978
VIII-12 Total revenueRelated to mission $238,214$252,944
Part IX · Statement of functional expenses $213,408 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $54,750$54,750
IX-7 Other salaries and wagesPrograms $24,430 · Management $4,311$28,741
IX-9 Other employee benefitsPrograms $768 · Management $136$904
IX-10 Payroll taxesPrograms $6,883 · Management $1,215$8,098
IX-11b Legal feesManagement $333$333
IX-11c Accounting feesManagement $1,341$1,341
IX-11g Other fees for servicesPrograms $7,006$7,006
IX-12 Advertising and promotionPrograms $537$537
IX-13 Office expensesPrograms $18,800$18,800
IX-16 OccupancyPrograms $27,422$27,422
IX-17 TravelPrograms $4,439$4,439
IX-20 InterestPrograms $3,694$3,694
IX-22 Depreciation, depletion and amortizationPrograms $14,334$14,334
IX-23 InsurancePrograms $3,871 · Management $683$4,554
IX-24 Other expenses (24a–d)Programs $37,394$37,394
IX-24e All other expensesPrograms $1,061$1,061
IX-25 Total functional expensesPrograms $205,389 · Management $8,019 · Fundraising $0$213,408
Part X · Balance sheet $137,751 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $54,607$56,462
X-10c Land, buildings and equipment, netStart of year $51,042$81,289
X-16 Total assetsStart of year $105,649$137,751
X-17 Accounts payable and accrued expenses$2,441
X-24 Unsecured notes and loans payableStart of year $42,200$41,838
X-26 Total liabilitiesStart of year $95,681$88,247
X-27 Net assets without donor restrictionsStart of year $9,968$49,504
X-32 Total net assets or fund balancesStart of year $9,968$49,504
X-33 Total liabilities and net assetsStart of year $105,649$137,751
Part XI · Reconciliation of net assets $49,504 net assets at year end
XI-1 Total revenue$252,944
XI-2 Total expenses$213,408
XI-3 Revenue less expenses$39,536
XI-4 Net assets at start of year$9,968
XI-10 Net assets at end of year$49,504

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

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