Paonia Experiential FY2023 filing

Paonia, COUnknown exempt organization EIN 82-2503142Revenue $202K in FY2023

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.

89¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2023 · 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
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 1.6 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
$55K
69% of total assets
Worth a look: liabilities are 69% of assets; over 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
$202K
-2% vs prior year
Spent
$180K
To programs
89%
Net assets
$25K
By yearFY2020–FY2024
Revenue
$202K
FY2023▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$140K
FY2021$253K
FY2022$207K
FY2023$202K
FY2024$64K
Expenses
$180K
FY2023▼ -25%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$213K
FY2022$241K
FY2023$180K
FY2024$89K
Net assets
$25K
FY2023▲ +56%
Tap a bar for its year
Net assets by fiscal year
FY2020$10K
FY2021$50K
FY2022$16K
FY2023$25K
FY2024$0

From the FY2023 Form 990 · see the original

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $160K Management & general 11% · $20K Fundraising 0% · $360

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

5 people listed on the 990.

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Di
$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 · $160K · in their own filed words · FY2023
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.

$160Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$202K
Ln 12
Fees for servicesLn 2g$163K
Gifts and grantsLn 1h$39K
Money outPt IX
$180K
Ln 25
Programscol B$160K
Managementcol C$20K
Fundraisingcol D$360
Owns and owesPt X
$25K
net assets · Ln 32
Cash and savingsLn 1–2$25K
Total assetsLn 16$80K
LiabilitiesLn 26$55K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$39K
Fees for servicesLn 2g$163K
Total revenueLn 12$202K
Assets in detailPt X, end of year
CashLn 1$25K
Cash and savings togetherLn 1–2$25K
Land, buildings, equipmentLn 10c$55K
Total assetsLn 16$80K
LiabilitiesLn 26$55K
Net assetsLn 32$25K
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 FY23End FY23
Cash and savingsLn 1–2$28K$25K
Land, buildings, equipmentLn 10c$68K$55K
Total assetsLn 16$96K$80K
LiabilitiesLn 26$80K$55K
Net assetsLn 32$16K$25K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$91K$78K$14K
Other employee benefitsLn 9$11K$9K$2K
Payroll taxesLn 10$8K$7K$1K
Legal feesLn 11b$10$10
Accounting feesLn 11c$1K$1K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$608$608
OccupancyLn 16$25K$25K
TravelLn 17$629$629
InterestLn 20$418$418
InsuranceLn 23$615$523$92
Other expenses (24a–d)Ln 24$36K$36K
All other expensesLn 24e$4K$2K$2K$360
Total functional expensesLn 25$180K$160K$20K$360

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $64K$89K−$25K$0 990 PDF
FY2023 Viewing $202K$180K$22K$25K 990 PDF
FY2022 $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 FY2023 990 (6 parts)
Part I · Summary $202,265 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $49,350$38,860
I-9 Program service revenuePrior year $157,900$163,405
I-10 Investment income$0
I-11 Other revenuePrior year $179$0
I-12 Total revenuePrior year $207,429$202,265
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $122,555$110,190
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $118,352$70,073
I-18 Total expensesPrior year $240,907$180,263
I-19 Revenue less expensesPrior year −$33,478$22,002
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 $202,265 across 4 lines filed
VIII-1f All other contributions, gifts and grants$38,860
VIII-1h Total contributions, gifts and grants$38,860
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $163,405$163,405
VIII-12 Total revenueRelated to mission $163,405$202,265
Part IX · Statement of functional expenses $180,263 across 13 lines filed
IX-7 Other salaries and wagesPrograms $77,729 · Management $13,717$91,446
IX-9 Other employee benefitsPrograms $9,384 · Management $1,656$11,040
IX-10 Payroll taxesPrograms $6,548 · Management $1,156$7,704
IX-11b Legal feesManagement $10$10
IX-11c Accounting feesManagement $1,478$1,478
IX-12 Advertising and promotionPrograms $1,331$1,331
IX-13 Office expensesPrograms $608$608
IX-16 OccupancyPrograms $25,200$25,200
IX-17 TravelPrograms $629$629
IX-20 InterestPrograms $418$418
IX-23 InsurancePrograms $523 · Management $92$615
IX-24 Other expenses (24a–d)Programs $35,694$35,694
IX-24e All other expensesPrograms $1,662 · Management $2,068 · Fundraising $360$4,090
IX-25 Total functional expensesPrograms $159,726 · Management $20,177 · Fundraising $360$180,263
Part X · Balance sheet $79,612 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $28,073$24,508
X-10c Land, buildings and equipment, netStart of year $68,197$55,104
X-16 Total assetsStart of year $96,270$79,612
X-17 Accounts payable and accrued expensesStart of year $2,463$4,123
X-24 Unsecured notes and loans payableStart of year $41,476$39,004
X-26 Total liabilitiesStart of year $80,244$54,676
X-27 Net assets without donor restrictionsStart of year $16,026$24,936
X-32 Total net assets or fund balancesStart of year $16,026$24,936
X-33 Total liabilities and net assetsStart of year $96,270$79,612
Part XI · Reconciliation of net assets $24,936 net assets at year end
XI-1 Total revenue$202,265
XI-2 Total expenses$180,263
XI-3 Revenue less expenses$22,002
XI-4 Net assets at start of year$16,026
XI-9 Other changes in net assets−$13,092
XI-10 Net assets at end of year$24,936

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

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