Destination Granby is committed to engaging with the community and fostering a dynamic economy by connecting people, places and businesses. We honor out small-town charm and history while advocating for a vibrant downtown, as the community gathering space for locals and visitors alike.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
1 of 2
filings with a surplus
Average surplus $59K a year · 8% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
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
Liabilities
$81K
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$768K
Spent
$611K
To programs
95%
Net assets
$157K
By yearFY2023–FY2024
Revenue
$768K
FY2023
Tap a bar for its year
Revenue by fiscal year
FY2023$768K
FY2024$663K
Expenses
$611K
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2023$611K
FY2024$702K
Net assets
$157K
FY2023
Tap a bar for its year
Net assets by fiscal year
FY2023$157K
FY2024$118K

From the FY2023 Form 990 · see the original

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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 2023.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $578K Management & general 5% · $33K

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

7 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Destination Granby 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

Connects people, places, and businesses to foster a dynamic economy and vibrant downtown.

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Provided by the organization

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3 programs · $578K · in their own filed words · FY2023
01

Destination Granby's main activity is year-round events. Events include a 3-day ice fishing contest that has been running for 35 years which isconducted on nearby Granby Lakes (Lake Granby, Shadow Mountain and Grand Lake).

$411Kprogram expense
02

A second activity is offering promotions and marketing to many small businesses in the area.Destination Granby conducts this activity by promising the marketing services many small businesses cannot afford in their budgets.

$116Kprogram expense
03

-Destination Granby operates and staffs the town of Granby's Information Center. The activity is conducted at the Information Center, which arethe offices of the Destination Granby

$51Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$768K
Ln 12
Gifts and grantsLn 1h$629K
Fees for servicesLn 2g$130K
Investment incomeLn 3$5K
Money outPt IX
$611K
Ln 25
Programscol B$578K
Managementcol C$33K
Owns and owesPt X
$157K
net assets · Ln 32
Cash and savingsLn 1–2$162K
Total assetsLn 16$238K
LiabilitiesLn 26$81K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$629K
Government grantsLn 1e$469K
Noncash giftsLn 1g$12K
Fees for servicesLn 2g$130K
Investment incomeLn 3$5K
Other incomeLn 4–11$4K
Total revenueLn 12$768K
Assets in detailPt X, end of year
CashLn 1$59K
SavingsLn 2$103K
Cash and savings togetherLn 1–2$162K
Land, buildings, equipmentLn 10c$7K
Total assetsLn 16$238K
LiabilitiesLn 26$81K
Net assetsLn 32$157K
OperationsPt I, VI
EmployeesI 59
VolunteersI 650
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 FY23End FY23
Cash and savingsLn 1–2$162K
Land, buildings, equipmentLn 10c$0$7K
Total assetsLn 16$0$238K
LiabilitiesLn 26$0$81K
Net assetsLn 32$0$157K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$199K$199K
Other employee benefitsLn 9$6K$6K
Payroll taxesLn 10$18K$18K
Accounting feesLn 11c$17K$17K
Other fees for servicesLn 11g$546$546
Advertising and promotionLn 12$115K$115K
Office expensesLn 13$11K$11K
Information technologyLn 14$4K$4K
OccupancyLn 16$20K$18K$2K
Conferences, conventions and meetingsLn 19$6K$6K
Depreciation, depletion and amortizationLn 22$753$753
InsuranceLn 23$2K$278$2K
Other expenses (24a–d)Ln 24$210K$210K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$611K$578K$33K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $663K$702K−$39K$118K 990 PDF
FY2023 Viewing $768K$611K$157K$157K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $768,411 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$629,159
I-9 Program service revenuePrior year $0$130,297
I-10 Investment incomePrior year $0$4,673
I-11 Other revenuePrior year $0$4,282
I-12 Total revenuePrior year $0$768,411
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 $0$223,608
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $0$387,454
I-18 Total expensesPrior year $0$611,062
I-19 Revenue less expensesPrior year $0$157,349
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
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 $768,411 across 9 lines filed
Lines not itemized here account for $4,214 of total revenue; see the IRS return.
VIII-1d Related organizations$125,497
VIII-1e Government grants$469,352
VIII-1f All other contributions, gifts and grants$34,310
VIII-1g Noncash contributions (included above)$12,028
VIII-1h Total contributions, gifts and grants$629,159
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $130,297$130,297
VIII-3 Investment incomeExcluded from tax $4,673$4,673
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $68$68
VIII-12 Total revenueRelated to mission $134,579 · Unrelated business $0 · Excluded from tax $4,673$768,411
Part IX · Statement of functional expenses $611,062 across 14 lines filed
IX-7 Other salaries and wagesPrograms $199,350$199,350
IX-9 Other employee benefitsPrograms $6,477$6,477
IX-10 Payroll taxesPrograms $17,781$17,781
IX-11c Accounting feesManagement $16,950$16,950
IX-11g Other fees for servicesManagement $546$546
IX-12 Advertising and promotionPrograms $115,031$115,031
IX-13 Office expensesManagement $11,440$11,440
IX-14 Information technologyPrograms $3,723$3,723
IX-16 OccupancyPrograms $17,768 · Management $1,929$19,697
IX-19 Conferences, conventions and meetingsPrograms $6,311$6,311
IX-22 Depreciation, depletion and amortizationPrograms $753$753
IX-23 InsurancePrograms $278 · Management $2,066$2,344
IX-24 Other expenses (24a–d)Programs $209,605$209,605
IX-24e All other expensesPrograms $1,054$1,054
IX-25 Total functional expensesPrograms $578,131 · Management $32,931 · Fundraising $0$611,062
Part X · Balance sheet $238,370 assets, 12 lines filed
X-1 Cash, non-interest-bearing$59,439
X-2 Savings and temporary cash investments$102,703
X-4 Accounts receivable$32,500
X-8 Inventories for sale or use$5,835
X-9 Prepaid expenses and deferred charges$31,118
X-10c Land, buildings and equipment, netStart of year $0$6,775
X-16 Total assetsStart of year $0$238,370
X-17 Accounts payable and accrued expenses$21,383
X-19 Deferred revenue$59,638
X-26 Total liabilitiesStart of year $0$81,021
X-32 Total net assets or fund balancesStart of year $0$157,349
X-33 Total liabilities and net assetsStart of year $0$238,370
Part XI · Reconciliation of net assets $157,349 net assets at year end
XI-1 Total revenue$768,411
XI-2 Total expenses$611,062
XI-3 Revenue less expenses$157,349
XI-4 Net assets at start of year$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$157,349

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

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