Tenth Mountain Division Foundation INC FY2020 filing

Tax-deductible

Lakewood, CO501(c)(3)Foundations & GrantmakersEIN 84-0574802Revenue $237K in FY2020

On file with the IRS10thmountainfoundation.org133 S Van Gordon St Ste 200, 80228-1706 · Lakewood, COTax-exempt since Oct 1967Publicly supported — 509(a)(2)

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The mission of the Tenth Mountain Division Foundation is to honor and perpetuate the legacy of the soldiers of the 10th Mountain Division past, present, and future by doing good works that exemplify the ideals by which they lived.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$18K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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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
3 of 5
filings with a surplus
Average surplus $76K a year · 28% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$18K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $38
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
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$237K
Spent
$191K
To programs
73%
Net assets
$3.1M
By yearFY2020–FY2024
Revenue
$237K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$237K
FY2021$436K
FY2022$154K
FY2023$318K
FY2024$230K
Expenses
$191K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$191K
FY2021$138K
FY2022$178K
FY2023$253K
FY2024$236K
Net assets
$3.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.1M
FY2021$3.4M
FY2022$3.0M
FY2023$3.3M
FY2024$3.4M

From the FY2020 Form 990 · see the original

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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 Oct 1967.

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

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $139K Management & general 23% · $43K Fundraising 5% · $9K

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

15 people listed on the 990; $18K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$18,210Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Amy Dougherty’s $21K as Executive Di is at the 19th percentile of top reported officer pay among 1265 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Amy Dougherty$20,833$22,917$27,083$18,210

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 Tenth Mountain Division Foundation INC 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

Honors soldiers' legacy through good works and community service.

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Provided by the organization

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3 programs · $139K · in their own filed words · FY2020
01

Program assistance to current and veteran 10TH mountain soldiers and relevant organizations.

$71Kprogram expense
02

Quarterly contributions are made to the denver public library which maintains a wwii 10TH mountain division database and collection of memoriabilia.

$39Kprogram expense
03

Scholarships are provided to students with financial need who attend various colleges in the united states.

$29Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$38
Grants paid · 23 grants · $391K · 2020–2024
Unitemized GrantFY2024$12,900
White River Forest Service - UsdaFY2024$10,000
Ninety-Pound Rucksack PodcastFY2024$9,000
Unitemized GrantFY2023$13,075
Unitemized GrantFY2023$2,900
PsiaCO · FY2022$6,300
PsiaCO · FY2021$6,300
See all 23 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$237K
Ln 12
Gifts and grantsLn 1h$154K
Investment incomeLn 3$83K
Money outPt IX
$191K
Ln 25
Programscol B$139K
Managementcol C$43K
Fundraisingcol D$9K
Owns and owesPt X
$3.1M
net assets · Ln 32
Cash and savingsLn 1–2$85K
Total assetsLn 16$3.1M
LiabilitiesLn 26$0
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$154K
Investment incomeLn 3$83K
Gains on assetsLn 7$18K
Total revenueLn 12$237K
Assets in detailPt X, end of year
CashLn 1$18K
SavingsLn 2$67K
Cash and savings togetherLn 1–2$85K
InvestmentsLn 11–13$3.0M
Total assetsLn 16$3.1M
LiabilitiesLn 26$0
Net assetsLn 32$3.1M
OperationsPt I, VI
EmployeesI 51
VolunteersI 630
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 FY20End FY20
Cash and savingsLn 1–2$100K$85K
InvestmentsLn 11–13$3.0M$3.0M
Total assetsLn 16$3.1M$3.1M
LiabilitiesLn 26$6K$0
Net assetsLn 32$3.1M$3.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$76K$76K
Grants to domestic individualsLn 2$27K$27K
Pay of current officers, directors and key staffLn 5$18K$5K$7K$5K
Payroll taxesLn 10$2K$334$1K$334
Investment management feesLn 11f$18K$18K
Other fees for servicesLn 11g$22K$12K$9K$809
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$237$47$143$47
Information technologyLn 14$9K$2K$6K$2K
OccupancyLn 16$2K$500$2K$500
Conferences, conventions and meetingsLn 19$3K$3K
InsuranceLn 23$814$163$488$163
Other expenses (24a–d)Ln 24$11K$11K$304
Total functional expensesLn 25$191K$139K$43K$9K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $230K$236K−$6K$3.4M 990 PDF
FY2023 $318K$253K$65K$3.3M 990 PDF
FY2022 $154K$178K−$24K$3.0M 990 PDF
FY2021 $436K$138K$298K$3.4M 990 PDF
FY2020 Viewing $237K$191K$46K$3.1M 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 $236,651 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $85,318$153,681
I-9 Program service revenue$0
I-10 Investment incomePrior year $112,835$82,970
I-11 Other revenuePrior year $4,211$0
I-12 Total revenuePrior year $202,364$236,651
I-13 Grants and similar amounts paidPrior year $66,678$103,155
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $22,910$19,880
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $50,946$67,555
I-18 Total expensesPrior year $140,534$190,590
I-19 Revenue less expensesPrior year $61,830$46,061
Part VI · Governance 14 of 14 board members independent, 4 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
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 $236,651 across 5 lines filed
VIII-1f All other contributions, gifts and grants$153,681
VIII-1h Total contributions, gifts and grants$153,681
VIII-3 Investment incomeExcluded from tax $65,195$65,195
VIII-7 Net gain or loss on sales of assetsExcluded from tax $17,775$17,775
VIII-12 Total revenueExcluded from tax $82,970$236,651
Part IX · Statement of functional expenses $190,590 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $75,905$75,905
IX-2 Grants to domestic individualsPrograms $27,250$27,250
IX-5 Pay of current officers, directors and key staffPrograms $5,463 · Management $7,284 · Fundraising $5,463$18,210
IX-10 Payroll taxesPrograms $334 · Management $1,002 · Fundraising $334$1,670
IX-11f Investment management feesManagement $17,818$17,818
IX-11g Other fees for servicesPrograms $12,173 · Management $8,730 · Fundraising $809$21,712
IX-12 Advertising and promotionPrograms $1,236$1,236
IX-13 Office expensesPrograms $47 · Management $143 · Fundraising $47$237
IX-14 Information technologyPrograms $1,618 · Management $5,697 · Fundraising $1,618$8,933
IX-16 OccupancyPrograms $500 · Management $1,500 · Fundraising $500$2,500
IX-19 Conferences, conventions and meetingsPrograms $3,051$3,051
IX-23 InsurancePrograms $163 · Management $488 · Fundraising $163$814
IX-24 Other expenses (24a–d)Programs $10,950 · Management $304$11,254
IX-25 Total functional expensesPrograms $138,690 · Management $42,966 · Fundraising $8,934$190,590
Part X · Balance sheet $3,066,736 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $21,256$18,245
X-2 Savings and temporary cash investmentsStart of year $78,594$66,903
X-11 Publicly traded securitiesStart of year $3,006,970$2,981,588
X-16 Total assetsStart of year $3,106,820$3,066,736
X-26 Total liabilitiesStart of year $5,618$0
X-27 Net assets without donor restrictionsStart of year $3,089,202$3,054,736
X-28 Net assets with donor restrictionsStart of year $12,000$12,000
X-32 Total net assets or fund balancesStart of year $3,101,202$3,066,736
X-33 Total liabilities and net assetsStart of year $3,106,820$3,066,736
Part XI · Reconciliation of net assets $3,066,736 net assets at year end
XI-1 Total revenue$236,651
XI-2 Total expenses$190,590
XI-3 Revenue less expenses$46,061
XI-4 Net assets at start of year$3,101,202
XI-5 Net unrealized gains (losses) on investments−$80,527
XI-10 Net assets at end of year$3,066,736

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

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