Totals
- Total revenue
- $2,577,941
- Total expenses
- $2,528,656
- Contributions and grants received
- $2,502,816
- Grants paid
- $1,531,194
- Program service revenue
- $0
- Investment income
- $75,125
- Other revenue
- $0
- Total assets, end of year
- $3,809,441
- Total liabilities, end of year
- $95,321
- Net assets or fund balances, end of year
- $3,714,120
- Program services expenses (Part IX)
- $1,926,512
- Management and general expenses
- $48,397
- Fundraising expenses
- $553,747
- Program service expenses (Part III)
- $1,926,512
Program services were 76.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$1,637,148
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$865,668
-
1g · Noncash contributions included above
$0
-
3 · Investment income
total $75,125 · related or exempt $75,125 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$1,637,148
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,531,194 · program services $1,531,194
-
11a · Fees: management
total $30,000 · program services $10,376 · fundraising $19,624
-
11g · Fees: other
total $120,173 · program services $105,975 · management and general $5,923 · fundraising $8,275
-
12 · Advertising and promotion
total $24,281 · program services $7,900 · management and general $1,947 · fundraising $14,434
-
13 · Office expenses
total $231,831 · program services $23,493 · management and general $13,333 · fundraising $195,005
-
17 · Travel
total $6,479 · program services $5,935 · management and general $292 · fundraising $252
-
24a · Other expenses: Rent/Lease: Facilities, Equip, & Services
total $136,389 · program services $1,635 · management and general $2,545 · fundraising $132,209
-
24b · Other expenses: Entertainment, Catering, & Decorations
total $195,502 · program services $38,765 · management and general $10,126 · fundraising $146,611
-
24c · Other expenses: Awards & Gifts (Non-Cash)
total $91,484 · program services $45,432 · management and general $12,565 · fundraising $33,487
-
24d · Other expenses: Bank & CC Fees
total $12,193 · program services $0 · management and general $9,989 · fundraising $2,204
-
24e · All other expenses
total $149,130 · program services $155,807 · management and general -$8,323 · fundraising $1,646
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,090,735 · end of year $3,626,822
-
4 · Accounts receivable
beginning of year $1,270,133 · end of year $163,635
-
15 · Other assets
end of year $18,984
-
17 · Accounts payable and accrued expenses
beginning of year $696,033 · end of year $95,321
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $3,664,835 · end of year $3,714,120
Mission and programs · 2023
Mission
KROENKE SPORTS CHARITIES IS COMMITTED TO IMPROVING THE LIVES OF FAMILIES AND CHILDREN IN COLORADO.
Activities or mission (Part I)
IMPROVE THE LIVES OF UNDER SERVED CHILDREN AND FAMILIES WITHIN COLORADO THROUGH A COMPREHENSIVE PROGRAM OF EDUCATION, HEALTH & FITNESS, AND COMMUNITY IMPROVEMENT INITIATIVES.
-
THROUGHOUT THE YEAR THE ORGANIZATION RECEIVES MANY REQUESTS FOR ASSISTANCE FOR A VARIETY OF GENERAL ASSISTANCE PROGRAMS. THE FOCUS OF OUR EFFORTS IS TO ASSIST YOUTH-ORIENTED PROGRAMS AND CHARITIES, PARTICULARLY THOSE THAT SERVE AT-RISK YOUTH. EACH ORGANIZATION SUBMITS A PROPOSAL OR FUNDRAISING PROGRAM ALONG WITH ITS 501(C)(3) DETERMINATION LETTER. THESE ORGANIZATIONS TYPICALLY ARE WELL RECOGNIZED FOR PROVIDING CHARITABLE FUNCTIONS IN OUR LOCAL REGION. OUR STRATEGIC COMMUNITY INVEST IS IN MANY FORMS: EDUCATION, HEALTH AND YOUTH SPORTS PROGRAMS, DONATIONS OF AUTOGRAPHED MERCHANDISE AND TICKETS, GRANTS, APPEARANCES BY OUR PLAYERS, COACHES, ALUMNI, AND THE PERSONAL SERVICE OF KSE EMPLOYEES THROUGH KSE CARES AND OTHER INDIVIDUAL EFFORTS. ALTITUDE SPORTS & ENTERTAINMENT HAS BROADENED OUR COMMUNITY EFFORTS THROUGH ITS AIRING OF PUBLIC SERVICE ANNOUNCEMENTS FOR A VARIETY OF ORGANIZATIONS THROUGHOUT THE YEAR. PLAYERS, COACHES, AND KSE STAFF ARE ACTIVE PARTICIPANTS IN THE COMMUNITY, DEDICATING OVER 1,000 HOURS OF THEIR TIME TO VISITING SCHOOLS, HOSTING YOUTH SPORTS CLINICS, LIFTING THE SPIRITS OF YOUNG PATIENTS IN LOCAL HOSPITALS, AND ATTENDING FUNDRAISING EVENTS THAT BENEFIT THE COLORADO COMMUNITY. KROENKE SPORTS CHARITIES PROGRAMS, OUTREACH, AND EVENTS IN SUPPORT OF EDUCATION AND HEALTH AND FITNESS, INCLUDE BUT ARE NOT LIMITED TO: (1) HOCKEY FIGHTS CANCER (2) GAME PROGRAMS FOR YOUTH (3) AVALANCHE/NUGGET FOR A DAY (4) RAPIDS PASSBACK (5) SKILLS CHALLENGE (6) REACH NEW HEIGHTS (7) LUPUS NIGHT (8) GIVE SPORTS (9) HOOPS FOR TROOPS (10) TEAMMATE FOR KIDS (11) TEAM FIT (12) RACE FOR THE CURE (13) NUMEROUS HIGH SCHOOL AND COLLEGIATE SCHOLARSHIPS.
Expenses $1,926,512 · Grants $1,531,194 · Revenue $865,668
As filed on the 2023 return.
Listed in Part VII
-
Michael NearyMICHAEL NEARY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Matt BellMATT BELL
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Brittainy WilmerBRITTAINY WILMER
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Lauren McDermottLAUREN MCDERMOTT
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
Matt MahoneyMATT MAHONEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Kelly BlahaKELLY BLAHA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Deb DowlingDEB DOWLING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Josh KroenkeJOSH KROENKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
Gold Crown Foundation
$142,987
Program Assistance
-
$100,000
Program Assistance
-
$91,000
Program Assistance
-
$65,000
Program Assistance
-
$52,500
Program Assistance
-
$50,000
Program Assistance
-
Program Assistance
-
Program Assistance
-
Program Assistance
-
Program Assistance
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
KROENKE SPORTS & ENTERTAINMENT
Unrelated · HOLDING COMPANY · DE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202403189349310870
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.