Paonia Experiential FY2022 filing

Paonia, COUnknown exempt organization EIN 82-2503142Revenue $207K in FY2022

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.

94¢ of each $1 spent went to programs.
$54K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$54K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
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
$80K
83% of total assets
Concern: liabilities are 83% of assets; over 80%.
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
$207K
-18% vs prior year
Spent
$241K
To programs
94%
Net assets
$16K
By yearFY2020–FY2024
Revenue
$207K
FY2022▼ -18%
Tap a bar for its year
Revenue by fiscal year
FY2020$140K
FY2021$253K
FY2022$207K
FY2023$202K
FY2024$64K
Expenses
$241K
FY2022▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$213K
FY2022$241K
FY2023$180K
FY2024$89K
Net assets
$16K
FY2022▼ -68%
Tap a bar for its year
Net assets by fiscal year
FY2020$10K
FY2021$50K
FY2022$16K
FY2023$25K
FY2024$0

From the FY2022 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2022 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

94 cents of each dollar spent went to programs.

Program services 94% · $227K Management & general 5% · $13K Fundraising 0% · $913

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; $54K paid to officers and key staff.

Part VII, Section A · reportable compensation
$54,000Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chair
$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 · $227K · in their own filed words · FY2022
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.

$227Kprogram 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 FY2022 990, line by line.

1The main four
Money inPt VIII
$207K
Ln 12
Fees for servicesLn 2g$158K
Gifts and grantsLn 1h$49K
Other incomeLn 4–11$179
Money outPt IX
$241K
Ln 25
Programscol B$227K
Managementcol C$13K
Fundraisingcol D$913
Owns and owesPt X
$16K
net assets · Ln 32
Cash and savingsLn 1–2$28K
Total assetsLn 16$96K
LiabilitiesLn 26$80K
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$49K
Noncash giftsLn 1g$23K
Fees for servicesLn 2g$158K
Other incomeLn 4–11$179
Total revenueLn 12$207K
Assets in detailPt X, end of year
CashLn 1$28K
Cash and savings togetherLn 1–2$28K
Land, buildings, equipmentLn 10c$68K
Total assetsLn 16$96K
LiabilitiesLn 26$80K
Net assetsLn 32$16K
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 FY22End FY22
Cash and savingsLn 1–2$56K$28K
Land, buildings, equipmentLn 10c$81K$68K
Total assetsLn 16$138K$96K
LiabilitiesLn 26$88K$80K
Net assetsLn 32$50K$16K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$54K$54K
Other salaries and wagesLn 7$58K$50K$9K
Other employee benefitsLn 9$1K$1K$222
Payroll taxesLn 10$9K$7K$1K
Legal feesLn 11b$20$20
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$22K$22K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$9K$9K
OccupancyLn 16$29K$29K
TravelLn 17$4K$4K
InterestLn 20$6K$6K
Depreciation, depletion and amortizationLn 22$13K$13K
InsuranceLn 23$4K$3K$566
Other expenses (24a–d)Ln 24$26K$26K
All other expensesLn 24e$2K$756$913
Total functional expensesLn 25$241K$227K$13K$913

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $64K$89K−$25K$0 990 PDF
FY2023 $202K$180K$22K$25K 990 PDF
FY2022 Viewing $207K$241K−$33K$16K 990 PDF
FY2021 $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 FY2022 990 (6 parts)
Part I · Summary $207,429 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $14,730$49,350
I-9 Program service revenuePrior year $235,236$157,900
I-10 Investment income$0
I-11 Other revenuePrior year $2,978$179
I-12 Total revenuePrior year $252,944$207,429
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $92,493$122,555
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $120,915$118,352
I-18 Total expensesPrior year $213,408$240,907
I-19 Revenue less expensesPrior year $39,536−$33,478
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 $207,429 across 6 lines filed
VIII-1f All other contributions, gifts and grants$49,350
VIII-1g Noncash contributions (included above)$22,930
VIII-1h Total contributions, gifts and grants$49,350
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $157,900$157,900
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $179$179
VIII-12 Total revenueRelated to mission $158,079$207,429
Part IX · Statement of functional expenses $240,907 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $54,000$54,000
IX-7 Other salaries and wagesPrograms $49,700 · Management $8,771$58,471
IX-9 Other employee benefitsPrograms $1,259 · Management $222$1,481
IX-10 Payroll taxesPrograms $7,313 · Management $1,290$8,603
IX-11b Legal feesManagement $20$20
IX-11c Accounting feesManagement $1,886$1,886
IX-11g Other fees for servicesPrograms $21,731$21,731
IX-12 Advertising and promotionPrograms $1,249$1,249
IX-13 Office expensesPrograms $9,450$9,450
IX-16 OccupancyPrograms $29,235$29,235
IX-17 TravelPrograms $4,235$4,235
IX-20 InterestPrograms $5,704$5,704
IX-22 Depreciation, depletion and amortizationPrograms $13,092$13,092
IX-23 InsurancePrograms $3,209 · Management $566$3,775
IX-24 Other expenses (24a–d)Programs $26,306$26,306
IX-24e All other expensesPrograms $756 · Fundraising $913$1,669
IX-25 Total functional expensesPrograms $227,239 · Management $12,755 · Fundraising $913$240,907
Part X · Balance sheet $96,270 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $56,462$28,073
X-10c Land, buildings and equipment, netStart of year $81,289$68,197
X-16 Total assetsStart of year $137,751$96,270
X-17 Accounts payable and accrued expensesStart of year $2,441$2,463
X-24 Unsecured notes and loans payableStart of year $41,838$41,476
X-26 Total liabilitiesStart of year $88,247$80,244
X-27 Net assets without donor restrictionsStart of year $49,504$16,026
X-32 Total net assets or fund balancesStart of year $49,504$16,026
X-33 Total liabilities and net assetsStart of year $137,751$96,270
Part XI · Reconciliation of net assets $16,026 net assets at year end
XI-1 Total revenue$207,429
XI-2 Total expenses$240,907
XI-3 Revenue less expenses−$33,478
XI-4 Net assets at start of year$49,504
XI-10 Net assets at end of year$16,026

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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