Colorado Technology Association FY2020 filing

Not tax-deductible

Denver, CO501(c)(6)Since 1994EIN 84-1263735Revenue $1.4M in FY2020

On file with the IRScoloradotechnology.orgPo Box 103220, 80250-3220 · Denver, COTax-exempt since Jul 1995

This page gets seen. Tell your story. Claim this org.

$316K paid to officers and key staff.
Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $82K a year · 4% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$316K
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$457K
58% of total assets
Fine: liabilities are 58% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
44
of 44 voting members
Looks good: 44 of 44 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
Spent
$1.2M
Net assets
$332K
By yearFY2020–FY2025
Revenue
$1.4M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4M
FY2021$1.6M
FY2022$2.1M
FY2023$2.0M
FY2024$2.1M
FY2025$2.4M
Expenses
$1.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$1.3M
FY2022$2.0M
FY2023$2.3M
FY2024$2.0M
FY2025$2.2M
Net assets
$332K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$332K
FY2021$556K
FY2022$661K
FY2023$362K
FY2024$402K
FY2025$711K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1995.

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

Who runs it and what they're paid

56 people listed on the 990; $316K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$184,130Pt VII · Sec A
Chief Operating Officer
$131,609Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Brittany Ann Morris Saunders$234,792$200,000————
Frannie Matthews——$233,700$179,550$229,675$184,130
Monica Coughlin———$150,785$161,084$131,609
Monica Coughlin Stitt—$158,504$141,485———
Megan Rose Concannon Sparks$143,370$109,167————
Peter Lawrence Schwartz$135,582$124,521————

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 Colorado Technology Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Hosts an annual summit and awards to celebrate and advance Colorado's technology industry.

Questions for Colorado Technology Association

Tap to ask. Colorado Technology Association sees how many people are interested.

Your first name shows with your question. Colorado Technology Association answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · in their own filed words · FY2020
01

Cta's general operations and membership activities, which include involvement from employees of member companies, is our second largest initiative. The activities in which members participateinclude everything from attending programs and workshops for enhanced information, to helping the organization execute its special events and…

Pt IX · col B
02

Cta's largest event is called c-level @ a mile high, and is designed to facilitate better business opportunities between cio's across all industries with technology companies and professionals across the state. Cta organizes the entire event, identifies key cio's and VP'S of I.T.

Pt IX · col B
03

Cta's workshops, programs, women in tech conference and annual awards event (apex) all comprise the third significant program area.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Fees for servicesLn 2g$1.4M
Investment incomeLn 3$52
Money outPt IX
$1.2M
Ln 25
Owns and owesPt X
$332K
net assets · Ln 32
Cash and savingsLn 1–2$664K
Total assetsLn 16$789K
LiabilitiesLn 26$457K
PeoplePt VI, VII
56
listed · VII A
PaidVII A2
Voting boardVI 1a44
IndependentVI 1b44
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.4M
Investment incomeLn 3$52
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$636K
SavingsLn 2$27K
Cash and savings togetherLn 1–2$664K
Total assetsLn 16$789K
LiabilitiesLn 26$457K
Net assetsLn 32$332K
OperationsPt I, VI
EmployeesI 511
VolunteersI 6140
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
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$421K$664K
Total assetsLn 16$488K$789K
LiabilitiesLn 26$347K$457K
Net assetsLn 32$141K$332K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1K
Pay of current officers, directors and key staffLn 5$189K
Other salaries and wagesLn 7$536K
Other employee benefitsLn 9$52K
Other fees for servicesLn 11g$251K
Advertising and promotionLn 12$3K
Office expensesLn 13$7K
Information technologyLn 14$24K
OccupancyLn 16$39K
TravelLn 17$8K
InterestLn 20$22
Depreciation, depletion and amortizationLn 22$557
InsuranceLn 23$3K
Other expenses (24a–d)Ln 24$122K
Total functional expensesLn 25$1.2M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.4M$2.2M$228K$711K 990 PDF
FY2024 $2.1M$2.0M$40K$402K 990 PDF
FY2023 $2.0M$2.3M−$299K$362K 990 PDF
FY2022 $2.1M$2.0M$105K$661K 990 PDF
FY2021 $1.6M$1.3M$225K$556K 990 PDF
FY2020 Viewing $1.4M$1.2M$191K$332K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 $1,426,739 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $2,077,824$1,426,687
I-10 Investment incomePrior year $11$52
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,077,835$1,426,739
I-13 Grants and similar amounts paidPrior year $4,500$1,025
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $809,165$776,966
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,117,523$457,935
I-18 Total expensesPrior year $1,931,188$1,235,926
I-19 Revenue less expensesPrior year $146,647$190,813
Part VI · Governance 44 of 44 board members independent, 2 to look at
VI-1a Voting members of the governing body44
VI-1b Independent voting members44
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,426,739 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,426,687$1,426,687
VIII-3 Investment incomeExcluded from tax $52$52
VIII-12 Total revenueRelated to mission $1,426,687 · Unrelated business $0 · Excluded from tax $52$1,426,739
Part IX · Statement of functional expenses $1,235,926 across 14 lines filed
IX-1 Grants to domestic organizations$1,025
IX-5 Pay of current officers, directors and key staff$188,769
IX-7 Other salaries and wages$535,874
IX-9 Other employee benefits$52,323
IX-11g Other fees for services$251,025
IX-12 Advertising and promotion$2,681
IX-13 Office expenses$6,510
IX-14 Information technology$24,435
IX-16 Occupancy$39,480
IX-17 Travel$8,275
IX-20 Interest$22
IX-22 Depreciation, depletion and amortization$557
IX-23 Insurance$2,942
IX-24 Other expenses (24a–d)$122,008
IX-25 Total functional expenses$1,235,926
Part X · Balance sheet $788,540 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $393,539$636,326
X-2 Savings and temporary cash investmentsStart of year $27,477$27,482
X-3 Pledges and grants receivableStart of year $23,069$23,152
X-4 Accounts receivableStart of year $38,532$10,650
X-9 Prepaid expenses and deferred chargesStart of year $4,572$90,930
X-16 Total assetsStart of year $487,747$788,540
X-17 Accounts payable and accrued expensesStart of year $42,821$27,140
X-19 Deferred revenueStart of year $253,730$279,481
X-25 Other liabilitiesStart of year $50,230$150,140
X-26 Total liabilitiesStart of year $346,781$456,761
X-27 Net assets without donor restrictionsStart of year $140,966$331,779
X-32 Total net assets or fund balancesStart of year $140,966$331,779
X-33 Total liabilities and net assetsStart of year $487,747$788,540
Part XI · Reconciliation of net assets $331,779 net assets at year end
XI-1 Total revenue$1,426,739
XI-2 Total expenses$1,235,926
XI-3 Revenue less expenses$190,813
XI-4 Net assets at start of year$140,966
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$331,779

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.