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Nonprofiteer
← DENVER BASIC INCOME PROJECT

Form 990 for tax year 2023

Filed by DENVER BASIC INCOME PROJECT.

Totals

Total revenue
$2,000,000
Total expenses
$10
Contributions and grants received
$2,000,000
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$2,163,579
Total liabilities, end of year
$104,485
Net assets or fund balances, end of year
$2,059,094
Program services expenses (Part IX)
$10
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$10

Program services were 100.0% 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

    $2,000,000

Functional expenses

Part IX, the statement of functional expenses.

  • 24a · Other expenses: LICENESE

    total $10 · program services $10

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $84,891

  • 4 · Accounts receivable

    end of year $2,000,000

  • 9 · Prepaid expenses and deferred charges

    end of year $78,688

  • 17 · Accounts payable and accrued expenses

    end of year $5,485

  • 25 · Other liabilities

    end of year $99,000

  • 27 · Net assets without donor restrictions

    end of year $2,059,094

Mission and programs · 2023

Mission

See Schedule O

  • The project was under the fiscal sponsorship of Impact Charitable in 2023. Denver Basic Income Project registered the independent 501(c)(3) in 2023 but did not start operating the project until 2024.

    Expenses $10

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Suzana Deng

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Lucille Echohawk

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Virigina Ortiz

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Mark Newhouse

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Nick Pacheco

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Jessica Bachus

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Andre Cunningham

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Dawn Howard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Janet Rose

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Mark Donovan

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    40

  • Christine Alonzo

    TREASURER

    Total calculated
    $0
    Hours/week
    2

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
16 August 2024
IRS schema version
2023v6.0
Source object
202543219349318189

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