Headwaters Trails Alliance FY2021 filing

Tax-deductible

Granby, CO501(c)(3)Recreation & SportsEIN 84-1363392Revenue $774K in FY2021

On file with the IRSPo Box 946, 80446-0946 · Granby, COTax-exempt since Jan 1997Publicly supported charity — 170(b)(1)(A)(vi)

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Grand County Adopt-a-trail Program, county wide trail maintenance, winter trail grooming program, trail development, securing grant funds for local land managers (USFS, BLM and local municipalities), representation of all trail user groups

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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 $62K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$774K
+18% vs prior year
Spent
$734K
To programs
100%
Net assets
$179K
By yearFY2020–FY2024
Revenue
$774K
FY2021▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$658K
FY2021$774K
FY2022$624K
FY2023$891K
FY2024$830K
Expenses
$734K
FY2021▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$616K
FY2021$734K
FY2022$578K
FY2023$910K
FY2024$628K
Net assets
$179K
FY2021▲ +29%
Tap a bar for its year
Net assets by fiscal year
FY2020$139K
FY2021$179K
FY2022$225K
FY2023$274K
FY2024$476K

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

990 PDF Claim
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 Jan 1997.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $734K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Meara L McQuain’s $82K as President is at the 85th percentile of top reported officer pay among 1017 $100K–1M recreation & sports 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

NameFY2024FY2023
Meara L McQuain$81,694$81,090

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.

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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

Maintains, grooms, and develops trails, securing funds and representing all user groups.

Questions for Headwaters Trails Alliance

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Provided by the organization

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1 program · $734K · in their own filed words · FY2021
01

Updated Grand County strategic trails plan. East shore trail planning. Adopted Grand County Strategic trails plan. Implementation of new website and social media accounts for community outreach. Completion of signage program with USFS Town of Winter Park, Fraser, Denver water board. Winter trail grooming program.

$734Kprogram expense

Funders

Who pays for it.

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$5K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$774K
Ln 12
Gifts and grantsLn 1h$773K
Other incomeLn 4–11$604
Investment incomeLn 3$406
Money outPt IX
$734K
Ln 25
Programscol B$734K
Owns and owesPt X
$179K
net assets · Ln 32
Cash and savingsLn 1–2$173K
Total assetsLn 16$183K
LiabilitiesLn 26$4K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$773K
Government grantsLn 1e$93K
Investment incomeLn 3$406
Other incomeLn 4–11$604
Total revenueLn 12$774K
Assets in detailPt X, end of year
CashLn 1$83K
SavingsLn 2$91K
Cash and savings togetherLn 1–2$173K
Land, buildings, equipmentLn 10c$10K
Total assetsLn 16$183K
LiabilitiesLn 26$4K
Net assetsLn 32$179K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6800
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 FY21End FY21
Cash and savingsLn 1–2$154K$173K
Land, buildings, equipmentLn 10c$5K$10K
Total assetsLn 16$160K$183K
LiabilitiesLn 26$21K$4K
Net assetsLn 32$139K$179K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$195K$195K
Other employee benefitsLn 9$9K$9K
Payroll taxesLn 10$25K$25K
Accounting feesLn 11c$770$770
Other fees for servicesLn 11g$335K$335K
Advertising and promotionLn 12$16K$16K
Office expensesLn 13$5K$5K
Information technologyLn 14$3K$3K
TravelLn 17$3K$3K
Conferences, conventions and meetingsLn 19$1K$1K
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$131K$131K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$734K$734K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $830K$628K$202K$476K 990 PDF
FY2023 $891K$910K−$19K$274K 990 PDF
FY2022 $624K$578K$46K$225K 990 PDF
FY2021 Viewing $774K$734K$40K$179K 990 PDF
FY2020 $658K$616K$42K$139K 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 $774,318 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $653,639$773,308
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $700$406
I-11 Other revenuePrior year $3,190$604
I-12 Total revenuePrior year $657,529$774,318
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $164,783$228,442
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $451,060$505,751
I-18 Total expensesPrior year $615,843$734,193
I-19 Revenue less expensesPrior year $41,686$40,125
Part VI · Governance 11 of 11 board members independent, 3 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $774,318 across 6 lines filed
VIII-1e Government grants$93,000
VIII-1f All other contributions, gifts and grants$680,308
VIII-1h Total contributions, gifts and grants$773,308
VIII-3 Investment incomeExcluded from tax $406$406
VIII-8 Net income from fundraising eventsExcluded from tax $604$604
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,010$774,318
Part IX · Statement of functional expenses $734,193 across 14 lines filed
IX-7 Other salaries and wagesPrograms $194,592$194,592
IX-9 Other employee benefitsPrograms $8,690$8,690
IX-10 Payroll taxesPrograms $25,160$25,160
IX-11c Accounting feesPrograms $770$770
IX-11g Other fees for servicesPrograms $335,264$335,264
IX-12 Advertising and promotionPrograms $16,144$16,144
IX-13 Office expensesPrograms $4,644$4,644
IX-14 Information technologyPrograms $2,569$2,569
IX-17 TravelPrograms $3,454$3,454
IX-19 Conferences, conventions and meetingsPrograms $1,482$1,482
IX-22 Depreciation, depletion and amortizationPrograms $3,456$3,456
IX-23 InsurancePrograms $5,315$5,315
IX-24 Other expenses (24a–d)Programs $130,782$130,782
IX-24e All other expensesPrograms $1,871$1,871
IX-25 Total functional expensesPrograms $734,193 · Management $0 · Fundraising $0$734,193
Part X · Balance sheet $183,068 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $93,688$82,671
X-2 Savings and temporary cash investmentsStart of year $60,672$90,638
X-10c Land, buildings and equipment, netStart of year $5,190$9,759
X-16 Total assetsStart of year $159,550$183,068
X-17 Accounts payable and accrued expensesStart of year $21,047$4,440
X-26 Total liabilitiesStart of year $21,047$4,440
X-32 Total net assets or fund balancesStart of year $138,503$178,628
X-33 Total liabilities and net assetsStart of year $159,550$183,068
Part XI · Reconciliation of net assets $178,628 net assets at year end
XI-1 Total revenue$774,318
XI-2 Total expenses$734,193
XI-3 Revenue less expenses$40,125
XI-4 Net assets at start of year$138,503
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$178,628

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

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