Marion Downs Center FY2025 filing

Greenwood Village, CO · Public charity (501(c)(3)) · Since 1918

✓ Tax-deductible Latest data FY2025
Revenue
$1.8M
▲ +9% vs prior year
Spent
$1.4M
To programs
82%
Net assets
$3.3M
By yearFY2020–FY2025
Revenue
$1.8M
FY2025▲ +9%
Revenue by fiscal year
FY2020$1.1M
FY2021$1.0M
FY2022$1.5M
FY2023$1.3M
FY2024$1.6M
FY2025$1.8M
FY2025$2.4M
Expenses
$1.4M
FY2025▲ +23%
Expenses by fiscal year
FY2020$867K
FY2021$861K
FY2022$1.0M
FY2023$1.1M
FY2024$1.1M
FY2025$1.4M
FY2025$1.2M
Net assets
$3.3M
FY2025▲ +15%
Net assets by fiscal year
FY2020$1.7M
FY2021$1.9M
FY2022$2.4M
FY2023$2.4M
FY2024$2.9M
FY2025$3.3M
FY2025$4.5M
You’re viewing the FY2025 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending March 2025 (IRS tax year 2024).

Figures match the IRS filing checked 9/2/26 · see original: IRS

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
1 funder — Cross H Foundation
$1K in the latest grant year.
Spent on programs?
82% to programs
Form 990 Part IX, latest filing.
Size and trend
$1–10M
↑ +9% vs prior year
Legal name (IRS)Hdr · item CMarion Downs Center
EINHdr · item D84-0404238
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 1956
Year of formationHdr · item L1918
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CGreenwood Village, CO
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.mariondowns.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.08 Fundraising $0.10
Program services82%$1.2M
Management & general8%$112K
Fundraising10%$147K
Total functional expensesLn 25$1.4M

Financial health

Program efficiency
82%
of spending reaches programs
Operating runway
25.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+21%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$3.6M
FY2025▲ +13%
Total assets by fiscal year
FY2020$2.0M
FY2021$2.4M
FY2022$2.7M
FY2023$2.7M
FY2024$3.2M
FY2025$3.6M
FY2025$7.8M
Total liabilities
$284K
FY2025▼ -3%
Total liabilities by fiscal year
FY2020$315K
FY2021$533K
FY2022$297K
FY2023$268K
FY2024$294K
FY2025$284K
FY2025$3.3M
Revenue less expensesPt I · Ln 19$374K
Total assetsPt X · Ln 16$3.6M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49

Balance Sheet

Part X · end of year
CashLn 1$1.9M
Total assetsLn 16$3.6M
Total liabilitiesLn 26$284K
Total net assetsLn 32$3.3M
Months of cash on handcomputed16.5

Statement of Revenue

Part VIII
Program service revenue$814K · 46%
Other revenue$736K · 41%
Contributions & grants$154K · 9%
Investment income$79K · 4%
Program service revenue46%$814K
Other revenue41%$736K
Contributions & grants9%$154K
Investment income4%$79K
Total revenueLn 12$1.8M

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.0M · Operating expenses/yr $1.4M
25.4 months
Where the money goes
Program services
Program services $1.2M · Total expenses $1.4M
82%
Management & General
Management & general $112K · Total expenses $1.4M
8%
Fundraising
Fundraising $147K · Total expenses $1.4M
10%
Cost to raise $1
Fundraising expense (3-yr avg) $112K · Solicited contributions (3-yr avg) $148K
$0.76 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $154K · Total revenue $1.8M
9%
Government reliance
Government grants — · Total revenue $1.8M
—
Earned-income share
Program service revenue $814K · Total revenue $1.8M
46%
Investment reliance
Investment income $79K · Total revenue $1.8M
+4%
Program self-sufficiency
Program service revenue $814K · Total expenses $1.4M
58%
Growth & trend
Revenue growth (YoY)
This year $1.8M · Prior year $1.6M
+9%
Revenue CAGR
FY2019 $1.1M · FY2024 $1.8M
+10%
Net-asset trend (YoY)
End of year $3.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.8M · Expenses $1.4M
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $3.6M
—
Net-asset ratio
Net assets $3.3M · Total assets $3.6M
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.0M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.6M
29%
People & payroll
Highest Reported Total Compensation
Individual Sandra Gabbard PHD · Reported title PRESIDENT & · Highest reported compensation $191K · Total expenses $1.4M
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.0M · Total expenses $1.4M
74%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%——
Overhead ratio 8%——
Fundraising cost ratio 95%——
Revenue growth 9%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$191,091Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2025FY2024FY2023FY2022FY2021
Sandra Gabbard PHD$206,408$191,091$173,044$159,375$161,113$119,746
Lynne Lyons$78,850—————

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 Marion Downs Center executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Offers quality hearing and speech services to those in need.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $1.0M of program spending, described in the organization's own filed words · FY2024.
01

Audiology and SPEECH/LANGUAGE clinical services. Services offered include assessment, individual and group REHABILITATION/THERAPY, hearing aid dispensing and follow-up, and assistive listening devices. The services assist low-income patients in need of clinical services.

$676Kprogram expense
02

Hearing conservation. Provides industry and businesses occupational safety and health administration ("osha") and mine safety and health administration ("msha") compliant on-site hearing testing, reporting and evaluation.

$278Kprogram expense
03

Kidscreen. A hearing, speech, language, vision and DEVELOPMENTAL/LEARNING screening program to promote early identification of communication and learning difficulties. Kidscreen offers the screenings that are not routinely available to all children through their schools, childcare centers or doctors.

$86Kprogram expense

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Funders

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$1K

Filing history

YearRevenueExpensesChangeFiling
FY2025 Viewing $1.8M$1.4M+9% 990 PDF
FY2024 $1.6M$1.1M+25% 990 PDF
FY2023 $1.3M$1.1M-14% 990 PDF
FY2022 $1.5M$1.0M+48% 990 PDF
FY2021 $1.0M$861K-8% 990 PDF
FY2020 $1.1M$867K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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