Rocky Mountain Values EIN 84-1860320

Rocky Mountain Values

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Advocating for good jobs and lives for all Coloradans, regardless of location. For fiscal year 2024 it reported $255K in revenue, $580K in expenses, and $138K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Denver, CO
Website
www.rockymountainvalues.org
Filings
5 on file (2020–2024)
Revenue
$255KFY2024
Expenses
$580K
Net assets
$138K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-1860320 Unknown exempt organization Denver, CO
Form 990 (PDF)
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Size
$100K–1M
What they do
Advocating for good jobs and lives for all Coloradans, regardless of location.
Leadership
Justin Lamorte · Executive Director · $105K
Money in and out
$255K revenue, $580K expenses
Bottom line
-128% surplus margin
Reported financial activity · FY2024
Total revenue
$255K
Pt VIII · Ln 12
Total expenses
$580K
Pt IX · Ln 25
Net assets
$138K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$325K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.26
Surplus margin
-128%
revenue over expenses, this year▼ -681% vs prior filing year
Program spending
74%
of expenses reach programs▼ -23% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$255K
FY2024▼ -86%
Expenses
$580K
FY2024▼ -60%
Total assets
$139K
FY2024▼ -70%
Total liabilities
$1K
FY2024-0.3%
Total revenue
$255K
Pt VIII · Ln 12
Total expenses
$580K
Pt IX · Ln 25
Net assets
$138K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$325K
Total assetsPt X · Ln 16$139K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $429K of program spending, described in the organization's own filed words · FY2024.
01

Rocky Mountain Values educated and engaged the public on issues of importance to Coloradans, in particular, the local impacts of federal economic policies. The issue advocacy campaign included grassroots organizing and television, radio, and digital advertisements urging the public to call on Congress to support policies that make…

$429Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRocky Mountain Values
EINHdr · item D84-1860320
Principal addressHdr · item CDenver, CO
WebsiteHdr · item Jwww.rockymountainvalues.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$105,000Pt VII · Sec A
President and Director
$0Pt VII · Sec A
Secretary and Director
$0Pt VII · Sec A
Treasurer and Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2020
Justin Lamorte$105,000$83,358
Hilary Steiner$51,560
Alvina Vasquez$9,760

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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Statement of Revenue

Part VIII
Contributions & grants100%$255K
Total revenueLn 12$255K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.26
Program services74%$429K
Management & general26%$152K
Total functional expensesLn 25$580K

Balance Sheet

Part X · end of year
CashLn 1$139K
Total assetsLn 16$139K
Total liabilitiesLn 26$1K
Total net assetsLn 32$138K
Months of cash on handcomputed2.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $139K · Operating expenses/yr $580K
2.9 months
Where the money goes
Program services
Program services $429K · Total expenses $580K
74%
Management & General
Management & general $152K · Total expenses $580K
26%
Fundraising
Fundraising $0 · Total expenses $580K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $1.1M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $255K · Total revenue $255K
100%
Government reliance
Government grants — · Total revenue $255K
Earned-income share
Program service revenue $0 · Total revenue $255K
0%
Investment reliance
Investment income $0 · Total revenue $255K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $580K
0%
Growth & trend
Revenue growth (YoY)
This year $255K · Prior year $1.9M
-86%
Revenue CAGR
FY2020 $2.8M · FY2024 $255K
-45%
Net-asset trend (YoY)
End of year $138K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $255K · Expenses $580K
-128%
Liabilities-to-Assets
Total liabilities — · Total assets $139K
Net-asset ratio
Net assets $138K · Total assets $139K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $139K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Justin Lamorte · Reported title Executive Director · Highest reported compensation $105K · Total expenses $580K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $185K · Total expenses $580K
32%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 26%
Fundraising cost ratio 0%
Revenue growth -86%
Legal fee ratio 11%
Accounting fee ratio 7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$245K
Grants paid · 3 grants · $250K · 2020–2024
Sixteen Thirty FundDC · FY2020$215,000
Progressnow ColoradoCO · FY2020$25,400

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$255K revenue · viewing · ⤓ 990 PDF
FY2023$1.9M revenue · ⤓ 990 PDF
FY2022— revenue · ⤓ 990 PDF
FY2021$61K revenue · ⤓ 990 PDF
FY2020$2.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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