Douglas County Educational Foundation FY2023 filing

Tax-deductible

Castle Rock, CO501(c)(3)Since 1990Foundations & GrantmakersEIN 84-1165175

To generate and distribute financial and other resources to the lifelong learning programs of douglas county school district for enrichment programs and other projects aimed at enhancing quality and equity of education and providing learners of all ages with greater opportunity for full participation in a democratic society.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$74K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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
5 of 5
filings with a surplus
Average surplus $324K a year · 7% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$74K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 10.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $24K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$47K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.2M
-2% vs prior year
Spent
$4.9M
To programs
95%
Net assets
$4.3M
By yearFY2020–FY2024
Revenue
$5.2M
FY2023▼ -2%
Revenue by fiscal year
FY2020$4.6M
FY2021$3.2M
FY2022$5.2M
FY2023$5.2M
FY2024$5.5M
FY2024$6.1M
Expenses
$4.9M
FY2023▲ +5%
Expenses by fiscal year
FY2020$4.3M
FY2021$2.9M
FY2022$4.7M
FY2023$4.9M
FY2024$5.3M
FY2024$5.8M
Net assets
$4.3M
FY2023▲ +6%
Net assets by fiscal year
FY2020$3.2M
FY2021$3.5M
FY2022$4.1M
FY2023$4.3M
FY2024$4.5M
FY2024$5.0M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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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 ruling in Aug 1991.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $4.7M Management & general 3% · $129K Fundraising 2% · $98K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

11 people listed on the 990; $74K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Di
$73,704Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Ashley Sommers’s $74K as Executive Di is at the 14th percentile of top reported officer pay among 1691 $1–10M 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
Ashley Sommers$73,704$69,091$63,960$71,636

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 Douglas County Educational Foundation 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

Provides grants and scholarships to schools, staff, and students in Douglas County, also honoring outstanding educators.

Provided by the organization

This section is blank until Douglas County Educational Foundation claims this page.

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2 program services account for $4.7M of program spending, described in the organization's own filed words · FY2022.
01

The dcef chapter program is comprised of school based chapters which provide resources that enrich the educational opportunities of students within their specific school a site-based volunteer committee representing parents, staff, administration and community members, manage the school chapters this program supported 85 chapters the…

$4.3Mprogram expense
02

The grants and scholarships program of dcef consists of funding in the form of grants and scholarships to schools, district departments, staff and students and include special funding requests, field trips, professional development scholarships for staff, technology grants, and matching grants from employers.

$363Kprogram expense

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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 · FY2025
Total grants receivedfrom 1 funder$24K
Grants paid · 18 grants · $1.6M · 2019–2024
Douglas County SchoolsFY2024$93,272
Unitemized GrantFY2024$75,988
Unitemized GrantFY2024$23,000
Unitemized GrantFY2023$76,556
Douglas County SchoolsFY2023$70,690
Unitemized GrantFY2023$25,000
Unitemized GrantFY2022$76,185
Douglas County SchoolsFY2022$64,322
Unitemized GrantFY2022$26,000
Douglas County SchoolsFY2021$300,605
Unitemized GrantFY2021$62,371
Unitemized GrantFY2021$23,000
Douglas County SchoolsFY2020$188,572
Unitemized GrantFY2020$58,324
Unitemized GrantFY2020$36,500
Douglas County SchoolsFY2019$324,378
Unitemized GrantFY2019$49,503
Unitemized GrantFY2019$32,212

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$5.2M
Ln 12
Fees for servicesLn 2g$4.4M
Gifts and grantsLn 1h$832K
Investment incomeLn 3$930
Money outPt IX
$4.9M
Ln 25
Programscol B$4.7M
Managementcol C$129K
Fundraisingcol D$98K
Owns and owesPt X
$4.3M
net assets · Ln 32
Cash and savingsLn 1–2$4.3M
Total assetsLn 16$4.3M
LiabilitiesLn 26$47K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$832K
Noncash giftsLn 1g$52K
Fundraising eventsLn 1c$129K
Fees for servicesLn 2g$4.4M
Investment incomeLn 3$930
Total revenueLn 12$5.2M
Assets in detailPt X, end of year
CashLn 1$1.4M
SavingsLn 2$2.9M
Cash and savings togetherLn 1–2$4.3M
Other assetsLn 15$26K
Total assetsLn 16$4.3M
LiabilitiesLn 26$47K
Net assetsLn 32$4.3M
OperationsPt I, VI
EmployeesI 57
VolunteersI 6275
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$3.8M$4.3M
Total assetsLn 16$4.3M$4.3M
LiabilitiesLn 26$206K$47K
Net assetsLn 32$4.1M$4.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$64K$64K
Grants to domestic individualsLn 2$102K$102K
Pay of current officers, directors and key staffLn 5$118K$55K$35K$29K
Other salaries and wagesLn 7$256K$119K$75K$62K
Other fees for servicesLn 11g$9K$9K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$30K$18K$5K$7K
Conferences, conventions and meetingsLn 19$28K$28K
Other expenses (24a–d)Ln 24$4.3M$4.3M
All other expensesLn 24e$10K$7K$2K$627
Total functional expensesLn 25$4.9M$4.7M$129K$98K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $5.5M$5.3M$233K$4.5M 990 PDF
FY2023 Viewing $5.2M$4.9M$239K$4.3M 990 PDF
FY2022 $5.2M$4.7M$568K$4.1M 990 PDF
FY2021 $3.2M$2.9M$290K$3.5M 990 PDF
FY2020 $4.6M$4.3M$292K$3.2M 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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $5,158,129 across 10 lines filed
VIII-1c Fundraising events$129,488
VIII-1d Related organizations$374,849
VIII-1f All other contributions, gifts and grants$327,676
VIII-1g Noncash contributions (included above)$51,704
VIII-1h Total contributions, gifts and grants$832,013
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,370,296$4,370,296
VIII-3 Investment incomeExcluded from tax $930$930
VIII-8 Net income from fundraising eventsExcluded from tax −$46,087−$46,087
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $977$977
VIII-12 Total revenueRelated to mission $4,371,273 · Excluded from tax −$45,157$5,158,129
Part IX · Statement of functional expenses $4,919,147 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $64,322$64,322
IX-2 Grants to domestic individualsPrograms $102,185$102,185
IX-5 Pay of current officers, directors and key staffPrograms $55,100 · Management $34,794 · Fundraising $28,575$118,469
IX-7 Other salaries and wagesPrograms $119,243 · Management $75,299 · Fundraising $61,838$256,380
IX-11g Other fees for servicesManagement $9,093$9,093
IX-12 Advertising and promotionManagement $2,271$2,271
IX-13 Office expensesPrograms $17,647 · Management $5,061 · Fundraising $7,276$29,984
IX-19 Conferences, conventions and meetingsPrograms $28,485$28,485
IX-24 Other expenses (24a–d)Programs $4,297,949$4,297,949
IX-24e All other expensesPrograms $6,997 · Management $2,385 · Fundraising $627$10,009
IX-25 Total functional expensesPrograms $4,691,928 · Management $128,903 · Fundraising $98,316$4,919,147
Part X · Balance sheet $4,337,408 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $932,446$1,365,739
X-2 Savings and temporary cash investmentsStart of year $2,866,223$2,915,839
X-3 Pledges and grants receivableStart of year $450,000$20,000
X-4 Accounts receivableStart of year $5,000$10,000
X-15 Other assets$25,830
X-16 Total assetsStart of year $4,256,361$4,337,408
X-17 Accounts payable and accrued expensesStart of year $198,504$31,764
X-25 Other liabilitiesStart of year $7,500$15,475
X-26 Total liabilitiesStart of year $206,004$47,239
X-27 Net assets without donor restrictionsStart of year $567,833$681,310
X-28 Net assets with donor restrictionsStart of year $3,482,524$3,608,859
X-32 Total net assets or fund balancesStart of year $4,050,357$4,290,169
X-33 Total liabilities and net assetsStart of year $4,256,361$4,337,408
Part XI · Reconciliation of net assets $4,290,169 net assets at year end
XI-1 Total revenue$5,158,129
XI-2 Total expenses$4,919,147
XI-3 Revenue less expenses$238,982
XI-4 Net assets at start of year$4,050,357
XI-9 Other changes in net assets$830
XI-10 Net assets at end of year$4,290,169

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

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