Headwaters Trails Alliance FY2023 filing

Tax-deductible

Granby, CO501(c)(3)Recreation & SportsEIN 84-1363392Revenue $891K in FY2023

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.
87¢ of each $1 spent went to programs.
$81K 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
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
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$81K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
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
$13K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$891K
+43% vs prior year
Spent
$910K
To programs
87%
Net assets
$274K
By yearFY2020–FY2024
Revenue
$891K
FY2023▲ +43%
Tap a bar for its year
Revenue by fiscal year
FY2020$658K
FY2021$774K
FY2022$624K
FY2023$891K
FY2024$830K
Expenses
$910K
FY2023▲ +57%
Tap a bar for its year
Expenses by fiscal year
FY2020$616K
FY2021$734K
FY2022$578K
FY2023$910K
FY2024$628K
Net assets
$274K
FY2023▲ +22%
Tap a bar for its year
Net assets by fiscal year
FY2020$139K
FY2021$179K
FY2022$225K
FY2023$274K
FY2024$476K

From the FY2023 Form 990 · see the original

Form 990 (PDF) Claim
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 Jan 1997.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $796K Management & general 13% · $114K

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

13 people listed on the 990; $81K paid to officers and key staff.

Part VII, Section A · reportable compensation
$81,090Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$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.

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Provided by the organization

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1 program · $796K · in their own filed words · FY2023
01

Maintained and/or assessed 476 miles of trail. Improved trailheads and parking areas adjacent to the trails. Supervised responsible recreation outreach via the Outdoor Ambassador Program. Winter Trail grooming program.

$796Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$891K
Ln 12
Gifts and grantsLn 1h$883K
Fees for servicesLn 2g$6K
Investment incomeLn 3$1K
Money outPt IX
$910K
Ln 25
Programscol B$796K
Managementcol C$114K
Owns and owesPt X
$274K
net assets · Ln 32
Cash and savingsLn 1–2$245K
Total assetsLn 16$288K
LiabilitiesLn 26$13K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$883K
Government grantsLn 1e$537K
Fees for servicesLn 2g$6K
Investment incomeLn 3$1K
Total revenueLn 12$891K
Assets in detailPt X, end of year
CashLn 1$233K
SavingsLn 2$12K
Cash and savings togetherLn 1–2$245K
Land, buildings, equipmentLn 10c$14K
Total assetsLn 16$288K
LiabilitiesLn 26$13K
Net assetsLn 32$274K
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 FY23End FY23
Cash and savingsLn 1–2$234K$245K
Land, buildings, equipmentLn 10c$8K$14K
Total assetsLn 16$242K$288K
LiabilitiesLn 26$17K$13K
Net assetsLn 32$225K$274K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$81K$81K
Other salaries and wagesLn 7$219K$194K$25K
Other employee benefitsLn 9$9K$9K
Payroll taxesLn 10$30K$30K
Accounting feesLn 11c$960$960
Other fees for servicesLn 11g$266K$266K
Advertising and promotionLn 12$21K$21K
Office expensesLn 13$8K$25$8K
Information technologyLn 14$2K$2K
Conferences, conventions and meetingsLn 19$6K$6K
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$241K$241K
All other expensesLn 24e$16K$16K
Total functional expensesLn 25$910K$796K$114K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $830K$628K$202K$476K 990 PDF
FY2023 Viewing $891K$910K−$19K$274K 990 PDF
FY2022 $624K$578K$46K$225K 990 PDF
FY2021 $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 FY2023 990 (6 parts)
Part I · Summary $890,868 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $614,836$883,291
I-9 Program service revenuePrior year $8,961$6,145
I-10 Investment incomePrior year $388$1,432
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $624,185$890,868
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 $254,309$338,508
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $323,621$571,619
I-18 Total expensesPrior year $577,930$910,127
I-19 Revenue less expensesPrior year $46,255−$19,259
Part VI · Governance 13 of 13 board members independent, 3 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
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 $890,868 across 6 lines filed
VIII-1e Government grants$537,130
VIII-1f All other contributions, gifts and grants$346,161
VIII-1h Total contributions, gifts and grants$883,291
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,145$6,145
VIII-3 Investment incomeExcluded from tax $1,432$1,432
VIII-12 Total revenueRelated to mission $6,145 · Unrelated business $0 · Excluded from tax $1,432$890,868
Part IX · Statement of functional expenses $910,127 across 14 lines filed
IX-5 Pay of current officers, directors and key staffManagement $81,285$81,285
IX-7 Other salaries and wagesPrograms $193,740 · Management $25,052$218,792
IX-9 Other employee benefitsPrograms $8,668$8,668
IX-10 Payroll taxesPrograms $29,763$29,763
IX-11c Accounting feesPrograms $960$960
IX-11g Other fees for servicesPrograms $266,086$266,086
IX-12 Advertising and promotionPrograms $20,843$20,843
IX-13 Office expensesPrograms $25 · Management $7,899$7,924
IX-14 Information technologyPrograms $2,149$2,149
IX-19 Conferences, conventions and meetingsPrograms $5,617$5,617
IX-22 Depreciation, depletion and amortizationPrograms $3,600$3,600
IX-23 InsurancePrograms $7,492$7,492
IX-24 Other expenses (24a–d)Programs $240,916$240,916
IX-24e All other expensesPrograms $16,032$16,032
IX-25 Total functional expensesPrograms $795,891 · Management $114,236 · Fundraising $0$910,127
Part X · Balance sheet $287,821 assets, 10 lines filed
Asset lines not itemized here account for $1,280; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $123,670$233,332
X-2 Savings and temporary cash investmentsStart of year $110,263$11,695
X-4 Accounts receivable$26,741
X-9 Prepaid expenses and deferred charges$659
X-10c Land, buildings and equipment, netStart of year $8,284$14,114
X-16 Total assetsStart of year $242,217$287,821
X-17 Accounts payable and accrued expensesStart of year $16,768$13,342
X-26 Total liabilitiesStart of year $16,768$13,342
X-32 Total net assets or fund balancesStart of year $225,449$274,479
X-33 Total liabilities and net assetsStart of year $242,217$287,821
Part XI · Reconciliation of net assets $274,479 net assets at year end
XI-1 Total revenue$890,868
XI-2 Total expenses$910,127
XI-3 Revenue less expenses−$19,259
XI-4 Net assets at start of year$225,449
XI-8 Prior period adjustments$68,289
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$274,479

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

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