Willow Collective Foundation FY2024 filing

Tax-deductible

Fort Collins, CO501(c)(3)Since 2023Mental HealthEIN 93-3359096Revenue $1.3M in FY2024

On file with the IRSwillowcollectivefoco.com/willow-non-profit375 E Horsetooth Road, 80525-3155 · Fort Collins, COTax-exempt since Jul 2024Publicly supported — 509(a)(2)

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We believe that children grow best in trusting and safe relationships with supported and healthy caregivers. We aim to transform our community so that expectant parents and families of infants and young children have access to a wide array of services that meet their diverse needs. Therefore, our goals are to:provide high-quality parent, infant, and early childhood mental health services.create a hub at which families and professionals can access resources and connect to mental health services.build a network of providers and resources to meet the needs of families in the perinatal and early childhood life stages.offer consultation, training, and support to those who work with infants, young children, and their families.collaborate with other professionals and institutions in order to build a coordinated system of care that meets the needs of all families.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$466K 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

FY2024 · 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
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
1 of 2
filings with a surplus
Average surplus $16K a year · 1% 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
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$466K
to officers and key staff · 37% of spending
Concern: pay to officers and key staff is 37% of spending; over 30%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$82K
59% of total assets
Fine: liabilities are 59% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
Spent
$1.3M
To programs
100%
Net assets
$58K
By yearFY2024–FY2025
Revenue
$1.3M
FY2024
Tap a bar for its year
Revenue by fiscal year
FY2024$1.3M
FY2025$1.5M
Expenses
$1.3M
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2024$1.3M
FY2025$1.5M
Net assets
$58K
FY2024
Tap a bar for its year
Net assets by fiscal year
FY2024$58K
FY2025$47K

From the FY2024 Form 990 · see the original

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You’re viewing the FY2024 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 2024.

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% · $1.3M

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

9 people listed on the 990; $466K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Operating Officer
$195,776Pt VII · Sec A
Highest Compensated Employee
$112,804Pt VII · Sec A
Executive Director
$106,845Pt VII · Sec A
Chief Financial Officer
$51,050Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Madison Darnell’s $227K as Chief Operating Officer is at the 90th percentile of top reported officer pay among 1683 $1–10M mental health 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 · 5 named individuals · Part VII

NameFY2025FY2024
Madison Darnell$226,561$195,776
Amy Tuttle$126,659$112,804
Kaitlyn Ewan$109,042—
Mary Beth Swanson$101,604$106,845
Michael Glen$28,750$51,050

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 Willow Collective Foundation 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

Supports mental health for parents, infants, and young children in Larimer County.

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Provided by the organization

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1 program · $1.3M · in their own filed words · FY2024
01

We serve low income clients and our purpose is to assist with reducing incidents of intergenerational trauma and child maltreatment. We do this by serving the community with mental health services, EDUCATION/PSYCHOEDUCATION, and providing charitable services (LOW/NO cost services to at risk clients).

$1.3Mprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$1.2M
Gifts and grantsLn 1h$99K
Investment incomeLn 3$216
Money outPt IX
$1.3M
Ln 25
Programscol B$1.3M
Owns and owesPt X
$58K
net assets · Ln 32
Cash and savingsLn 1–2$85K
Total assetsLn 16$140K
LiabilitiesLn 26$82K
PeoplePt VI, VII
9
listed · VII A
PaidVII A4
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$99K
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$216
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$84K
SavingsLn 2$1K
Cash and savings togetherLn 1–2$85K
Total assetsLn 16$140K
LiabilitiesLn 26$82K
Net assetsLn 32$58K
OperationsPt I, VI
EmployeesI 530
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$140K$85K
Total assetsLn 16$140K$140K
LiabilitiesLn 26$126K$82K
Net assetsLn 32$14K$58K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$354K$354K
Pay of disqualified personsLn 6$628K$628K
Payroll taxesLn 10$90K$90K
Accounting feesLn 11c$2K$2K
Investment management feesLn 11f$1K$1K
Other fees for servicesLn 11g$27K$27K
Office expensesLn 13$37K$37K
Information technologyLn 14$15K$15K
OccupancyLn 16$87K$87K
TravelLn 17$97$97
Conferences, conventions and meetingsLn 19$12K$12K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$7K$7K
All other expensesLn 24e$888$888
Total functional expensesLn 25$1.3M$1.3M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.5M$1.5M−$11K$47K 990 PDF
FY2024 Viewing $1.3M$1.3M$44K$58K 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 FY2024 990 (6 parts)
Part I · Summary $1,311,878 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $16,350$99,113
I-9 Program service revenuePrior year $1,998$1,212,549
I-10 Investment incomePrior year $3$216
I-11 Other revenuePrior year $731$0
I-12 Total revenuePrior year $19,082$1,311,878
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$1,071,351
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,215$196,545
I-18 Total expensesPrior year $5,215$1,267,896
I-19 Revenue less expensesPrior year $13,867$43,982
Part VI · Governance 4 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,311,878 across 5 lines filed
VIII-1f All other contributions, gifts and grants$99,113
VIII-1h Total contributions, gifts and grants$99,113
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,212,549$1,212,549
VIII-3 Investment incomeUnrelated business $216$216
VIII-12 Total revenueRelated to mission $1,212,549 · Unrelated business $216 · Excluded from tax $0$1,311,878
Part IX · Statement of functional expenses $1,267,896 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $353,671$353,671
IX-6 Pay of disqualified personsPrograms $628,038$628,038
IX-10 Payroll taxesPrograms $89,642$89,642
IX-11c Accounting feesPrograms $1,600$1,600
IX-11f Investment management feesPrograms $1,280$1,280
IX-11g Other fees for servicesPrograms $26,704$26,704
IX-13 Office expensesPrograms $36,835$36,835
IX-14 Information technologyPrograms $14,634$14,634
IX-16 OccupancyPrograms $87,181$87,181
IX-17 TravelPrograms $97$97
IX-19 Conferences, conventions and meetingsPrograms $12,021$12,021
IX-23 InsurancePrograms $8,001$8,001
IX-24 Other expenses (24a–d)Programs $7,304$7,304
IX-24e All other expensesPrograms $888$888
IX-25 Total functional expensesPrograms $1,267,896 · Management $0 · Fundraising $0$1,267,896
Part X · Balance sheet $139,594 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $140,091$84,489
X-2 Savings and temporary cash investmentsStart of year $0$1,000
X-4 Accounts receivableStart of year $0$54,105
X-16 Total assetsStart of year $140,091$139,594
X-17 Accounts payable and accrued expensesStart of year $4,949$69
X-19 Deferred revenueStart of year $121,275$81,676
X-26 Total liabilitiesStart of year $126,224$81,745
X-32 Total net assets or fund balancesStart of year $13,867$57,849
X-33 Total liabilities and net assetsStart of year $140,091$139,594
Part XI · Reconciliation of net assets $57,849 net assets at year end
XI-1 Total revenue$1,311,878
XI-2 Total expenses$1,267,896
XI-3 Revenue less expenses$43,982
XI-4 Net assets at start of year$13,867
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$57,849

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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