The Community Foundation Serving FY2021 filing

Tax-deductible

Boulder, CO501(c)(3)Since 1991Foundations & GrantmakersEIN 84-1171836Revenue $26.0M in FY2021

On file with the IRScommfound.org1123 Spruce St, 80302-4001 · Boulder, COTax-exempt since Dec 1991Publicly supported charity — 170(b)(1)(A)(vi)

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501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$502K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
4 of 5
filings with a surplus
Average surplus $5.6M a year · 22% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$502K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $75K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$9.8M
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 20 voting members
Looks good: 19 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$26.0M
+35% vs prior year
Spent
$14.5M
To programs
89%
Net assets
$83.6M
By yearFY2020–FY2024
Revenue
$26.0M
FY2021▲ +35%
Tap a bar for its year
Revenue by fiscal year
FY2020$19.3M
FY2021$26.0M
FY2022$52.0M
FY2023$10.9M
FY2024$19.4M
Expenses
$14.5M
FY2021▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$13.8M
FY2021$14.5M
FY2022$26.4M
FY2023$27.3M
FY2024$17.7M
Net assets
$83.6M
FY2021▲ +18%
Tap a bar for its year
Net assets by fiscal year
FY2020$71.1M
FY2021$83.6M
FY2022$96.9M
FY2023$85.7M
FY2024$82.1M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 Dec 1991.

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% · $12.9M Management & general 6% · $880K Fundraising 5% · $720K

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

22 people listed on the 990; $502K paid to officers and key staff.

Part VII, Section A · reportable compensation
$189,193Pt VII · Sec A
$161,691Pt VII · Sec A
VP Philanthropic Giving Sv
$151,064Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Tatiana Hernandez’s $219K as CEO is at the 43rd percentile of top reported officer pay among 661 $10–100M 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 · 8 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Tatiana Hernandez$219,147$230,325$189,193$105,459
Trisha McKean$175,125———
Jennifer Fulton Anderson—$140,485$161,691$136,196
Lynda Ricketson———$154,973
Linda Ricketson——$151,064—
Eric Schoenborn—$138,862——
Ken Long$109,397———
Christopher Barge———$101,992

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 The Community Foundation Serving 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 15aYes

Programs and updates

Mobilizes diverse resources, inspires community action, and distributes disaster relief funds to improve the quality of life for residents in Boulder County.

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Provided by the organization

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1 program · $12.9M · in their own filed words · FY2021
01

We provide funding and create connections between nonprofit organizations and the resources they need. We look to these nonprofits to help us respond to community needs and opportunities.

$12.9Mprogram 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 · FY2025
CfleadsFY2025$50K
Total grants receivedfrom 2 funders$75K
Grants paid · 1,209 grants · $66.3M · 2020–2023
Impact Development FundCO · FY2023$12,110,250
Boulder CountyFY2023$2,000,000
Allfed InstituteCO · FY2023$721,066
American Endowment FoundationOH · FY2023$493,949
Resource CentralCO · FY2023$333,550
Thorne Ecological InstituteCO · FY2023$296,073
Intercambio De ComunidadesCO · FY2023$145,543
Impact on Education INCCO · FY2023$139,600
Boulder PrideCO · FY2023$118,750
Rocky Mountain InstituteCO · FY2023$110,000
See all 1,209 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$26.0M
Ln 12
Gifts and grantsLn 1h$21.2M
Investment incomeLn 3$4.8M
Fees for servicesLn 2g$93K
Money outPt IX
$14.5M
Ln 25
Programscol B$12.9M
Managementcol C$880K
Fundraisingcol D$720K
Owns and owesPt X
$83.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$93.4M
LiabilitiesLn 26$9.8M
PeoplePt VI, VII
22
listed · VII A
PaidVII A3
Voting boardVI 1a20
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$21.2M
Noncash giftsLn 1g$5.1M
Fees for servicesLn 2g$93K
Investment incomeLn 3$4.8M
Gains on assetsLn 7$3.6M
Total revenueLn 12$26.0M
Assets in detailPt X, end of year
CashLn 1$1.2M
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$574K
Land, buildings, equipmentLn 10c$4.5M
Other assetsLn 15$82.8M
Total assetsLn 16$93.4M
LiabilitiesLn 26$9.8M
Net assetsLn 32$83.6M
OperationsPt I, VI
EmployeesI 521
VolunteersI 6415
Fiscal year endsHeaderDecember
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 FY21End FY21
Cash and savingsLn 1–2$419K$1.2M
InvestmentsLn 11–13$574K
Land, buildings, equipmentLn 10c$4.6M$4.5M
Total assetsLn 16$79.8M$93.4M
LiabilitiesLn 26$8.7M$9.8M
Net assetsLn 32$71.1M$83.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$12.0M$12.0M
Pay of current officers, directors and key staffLn 5$550K$42K$298K$210K
Other salaries and wagesLn 7$752K$374K$111K$266K
Pension plan contributionsLn 8$40K$21K$4K$15K
Other employee benefitsLn 9$66K$26K$20K$20K
Payroll taxesLn 10$93K$31K$29K$34K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$142K$142K
Investment management feesLn 11f$191K$191K
Advertising and promotionLn 12$52K$3K$39K$10K
Office expensesLn 13$210K$2K$87K$120K
Information technologyLn 14$82K$9K$73K$1K
OccupancyLn 16$161$161
TravelLn 17$91$82$9
Conferences, conventions and meetingsLn 19$30K$3K$9K$18K
Depreciation, depletion and amortizationLn 22$10K$10K
Other expenses (24a–d)Ln 24$293K$214K$54K$25K
Total functional expensesLn 25$14.5M$12.9M$880K$720K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $19.4M$17.7M$1.7M$82.1M 990 PDF
FY2023 $10.9M$27.3M−$16.5M$85.7M 990 PDF
FY2022 $52.0M$26.4M$25.6M$96.9M 990 PDF
FY2021 Viewing $26.0M$14.5M$11.5M$83.6M 990 PDF
FY2020 $19.3M$13.8M$5.5M$71.1M 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 FY2021 990 (6 parts)
Part I · Summary $25,999,249 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $15,710,888$21,176,343
I-9 Program service revenuePrior year $65,026$93,277
I-10 Investment incomePrior year $3,581,697$4,847,241
I-11 Other revenuePrior year −$75,564−$117,612
I-12 Total revenuePrior year $19,282,047$25,999,249
I-13 Grants and similar amounts paidPrior year $10,447,028$11,968,682
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,541,928$1,501,823
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,804,151$1,013,610
I-18 Total expensesPrior year $13,793,107$14,484,115
I-19 Revenue less expensesPrior year $5,488,940$11,515,134
Part VI · Governance 19 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members19
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $25,999,249 across 10 lines filed
VIII-1d Related organizations$43,822
VIII-1f All other contributions, gifts and grants$21,132,521
VIII-1g Noncash contributions (included above)$5,099,547
VIII-1h Total contributions, gifts and grants$21,176,343
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $93,277$93,277
VIII-3 Investment incomeExcluded from tax $1,264,967$1,264,967
VIII-6 Net rental income or lossUnrelated business −$107,582 · Excluded from tax −$45,297−$152,879
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,582,274$3,582,274
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $35,267$35,267
VIII-12 Total revenueRelated to mission $93,277 · Unrelated business −$107,582 · Excluded from tax $4,837,211$25,999,249
Part IX · Statement of functional expenses $14,484,115 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $11,968,682$11,968,682
IX-5 Pay of current officers, directors and key staffPrograms $41,860 · Management $298,401 · Fundraising $209,656$549,917
IX-7 Other salaries and wagesPrograms $374,419 · Management $111,423 · Fundraising $266,081$751,923
IX-8 Pension plan contributionsPrograms $20,644 · Management $4,087 · Fundraising $15,447$40,178
IX-9 Other employee benefitsPrograms $26,075 · Management $20,493 · Fundraising $19,798$66,366
IX-10 Payroll taxesPrograms $30,684 · Management $28,891 · Fundraising $33,864$93,439
IX-11b Legal feesManagement $2,178$2,178
IX-11c Accounting feesManagement $142,457$142,457
IX-11f Investment management feesPrograms $191,249$191,249
IX-12 Advertising and promotionPrograms $2,928 · Management $38,569 · Fundraising $10,264$51,761
IX-13 Office expensesPrograms $2,254 · Management $87,497 · Fundraising $120,066$209,817
IX-14 Information technologyPrograms $8,646 · Management $72,734 · Fundraising $1,088$82,468
IX-16 OccupancyManagement $161$161
IX-17 TravelPrograms $82 · Management $9$91
IX-19 Conferences, conventions and meetingsPrograms $3,343 · Management $8,636 · Fundraising $18,278$30,257
IX-22 Depreciation, depletion and amortizationManagement $10,330$10,330
IX-24 Other expenses (24a–d)Programs $213,589 · Management $54,027 · Fundraising $25,225$292,841
IX-25 Total functional expensesPrograms $12,884,455 · Management $879,893 · Fundraising $719,767$14,484,115
Part X · Balance sheet $93,375,160 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $418,685$1,163,834
X-3 Pledges and grants receivableStart of year $255,010$4,228,374
X-4 Accounts receivableStart of year $26,053$46,367
X-9 Prepaid expenses and deferred chargesStart of year $40,267$26,999
X-10c Land, buildings and equipment, netStart of year $4,618,542$4,519,102
X-11 Publicly traded securities$573,934
X-15 Other assetsStart of year $74,350,731$82,816,550
X-16 Total assetsStart of year $79,799,287$93,375,160
X-17 Accounts payable and accrued expensesStart of year $201,634$151,148
X-18 Grants payableStart of year $296,959$241,006
X-25 Other liabilitiesStart of year $5,358,131$6,589,619
X-26 Total liabilitiesStart of year $8,745,507$9,808,267
X-27 Net assets without donor restrictionsStart of year $70,856,420$79,220,492
X-28 Net assets with donor restrictionsStart of year $197,360$4,346,401
X-32 Total net assets or fund balancesStart of year $71,053,780$83,566,893
X-33 Total liabilities and net assetsStart of year $79,799,287$93,375,160
Part XI · Reconciliation of net assets $83,566,893 net assets at year end
XI-1 Total revenue$25,999,249
XI-2 Total expenses$14,484,115
XI-3 Revenue less expenses$11,515,134
XI-4 Net assets at start of year$71,053,780
XI-5 Net unrealized gains (losses) on investments$1,816,257
XI-9 Other changes in net assets−$818,278
XI-10 Net assets at end of year$83,566,893

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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