Form 990 for tax year 2023
Filed by PIKES PEAK AREA ROTARY ENDOWMENT.
Totals
- Total revenue
- $151,896
- Total expenses
- $148,414
- Contributions and grants received
- $121,925
- Grants paid
- $134,548
- Program service revenue
- $0
- Investment income
- $33,088
- Other revenue
- -$3,117
- Total assets, end of year
- $650,681
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $650,681
- Program services expenses (Part IX)
- $143,948
- Management and general expenses
- $4,466
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $143,948
Program services were 97.0% 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.
-
1f · All other contributions, gifts and grants
$121,925
-
3 · Investment income
total $17,965 · unrelated business $0 · excluded $17,965
-
7a · Gross sales of assets other than inventory
securities $95,552
-
7b · Less cost or other basis and sales expenses
securities $80,429
-
7c · Gain or loss
securities $15,123
-
7d · Net gain or loss
total $15,123 · related or exempt $0 · unrelated business $0 · excluded $15,123
-
8a · Fundraising events: gross income
$3,365
-
8b · Fundraising events: direct expenses
$6,528
-
8c · Net income from fundraising events
total -$3,163 · unrelated business $0 · excluded -$3,163
-
11a · Other revenue: Administrative Fee
total $46 · related or exempt $46 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$46
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $134,548 · program services $134,548
-
11c · Fees: accounting
total $3,503 · program services $0 · management and general $3,503 · fundraising $0
-
11f · Fees: investment management
total $3,352 · program services $3,352 · management and general $0 · fundraising $0
-
11g · Fees: other
total $2,045 · program services $2,045 · management and general $0 · fundraising $0
-
13 · Office expenses
total $176 · program services $0 · management and general $176 · fundraising $0
-
23 · Insurance
total $787 · program services $0 · management and general $787 · fundraising $0
-
24a · Other expenses: Osborne Office Expense
total $76 · program services $76 · management and general $0 · fundraising $0
-
24b · Other expenses: Osborne Luncheon Expenses
total $284 · program services $284 · management and general $0 · fundraising $0
-
24c · Other expenses: Osborne Post Office Expense
total $143 · program services $143 · management and general $0 · fundraising $0
-
24d · Other expenses: Osborne Contract Services
total $3,500 · program services $3,500 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $491 · end of year $189
-
2 · Savings and temporary cash investments
beginning of year $136,212 · end of year $131,814
-
13 · Investments: program-related
beginning of year $472,454 · end of year $518,678
-
31 · Retained earnings, endowment or other funds
beginning of year $609,157 · end of year $650,681
Mission and programs · 2023
Mission
To provide funds to nonprofit organizations in the Pikes Peak region to help further their nonprofit mission.
-
Provided funds to Pikes Peak region nonprofit organizations from the Osborne donor-advised fund to help further their nonprofit mission.
Expenses $122,551 · Grants $118,548 · Revenue $113,252
-
Provided funds to the Pikes Peak region nonprofits from the PPARE general fund to help further their nonprofit mission.
Expenses $21,397 · Grants $16,000 · Revenue $8,719
As filed on the 2023 return.
Listed in Part VII
-
Jeannie Porter
Secretary
- Total calculated
- $0
- Hours/week
- 0.31
-
Roger Kort
Trustee
- Total calculated
- $0
- Hours/week
- 0.31
-
Tom Tudor
Trustee
- Total calculated
- $0
- Hours/week
- 0.31
-
Mike Sperry
Trustee
- Total calculated
- $0
- Hours/week
- 0.31
-
Tony Fagnant
Chairman
- Total calculated
- $0
- Hours/week
- 0.96
-
Lorraine Willis
Trustee
- Total calculated
- $0
- Hours/week
- 0.31
-
Tom Havens
Trustee
- Total calculated
- $0
- Hours/week
- 0.31
-
Jeff Tiona
Treasurer
- Total calculated
- $0
- Hours/week
- 0.96
-
Jody Richie
Trustee
- Total calculated
- $0
- Hours/week
- 0.31
-
Matthew Berumen
Trustee
- Total calculated
- $0
- Hours/week
- 0.31
-
Steve Blazer
Trustee
- Total calculated
- $0
- Hours/week
- 0.31
-
Anna Fish
Trustee
- Total calculated
- $0
- Hours/week
- 0.31
-
Owen Schoolsky
Trustee
- Total calculated
- $0
- Hours/week
- 0.31
-
Roseann Roome
Member
- Total calculated
- $0
- Hours/week
- 0.23
-
Janna Haas
Member
- Total calculated
- $0
- Hours/week
- 0.04
-
Roseann Roome
Member
- Total calculated
- $0
- Hours/week
- 0.04
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
-
$27,000
Charitable
-
$10,000
Charitable
-
$8,000
Charitable
-
Charitable
-
Charitable
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 21 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402819349300320
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