Totals
- Total revenue
- $425,628
- Total expenses
- $512,498
- Contributions and grants received
- $422,046
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $3,582
- Other revenue
- $0
- Total assets, end of year
- $2,049,315
- Total liabilities, end of year
- $1,328,600
- Net assets or fund balances, end of year
- $720,715
- Program services expenses (Part IX)
- $451,368
- Management and general expenses
- $59,953
- Fundraising expenses
- $1,177
- Program service expenses (Part III)
- $451,368
Program services were 88.1% 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.
-
1e · Government grants (contributions)
$10,500
-
1f · All other contributions, gifts and grants
$411,546
-
3 · Investment income
total $3,582 · unrelated business $0 · excluded $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $108,000 · program services $95,040 · management and general $12,960 · fundraising $0
-
10 · Payroll taxes
total $8,262 · program services $7,271 · management and general $991 · fundraising $0
-
11a · Fees: management
total $1,023 · program services $0 · management and general $1,023 · fundraising $0
-
11b · Fees: legal
total $7,230 · program services $6,507 · management and general $723 · fundraising $0
-
11c · Fees: accounting
total $3,000 · program services $2,700 · management and general $300 · fundraising $0
-
12 · Advertising and promotion
total $51,683 · program services $46,515 · management and general $5,168 · fundraising $0
-
13 · Office expenses
total $4,322 · program services $3,890 · management and general $432 · fundraising $0
-
14 · Information technology
total $55,750 · program services $50,175 · management and general $5,575 · fundraising $0
-
16 · Occupancy
total $9,000 · program services $8,100 · management and general $900 · fundraising $0
-
17 · Travel
total $636 · program services $572 · management and general $64 · fundraising $0
-
19 · Conferences, conventions and meetings
total $666 · program services $599 · management and general $67 · fundraising $0
-
20 · Interest
total $27,244 · program services $24,520 · management and general $2,724 · fundraising $0
-
23 · Insurance
total $1,390 · program services $0 · management and general $1,390 · fundraising $0
-
24a · Other expenses: Consulting & Management
total $26,973 · program services $24,276 · management and general $2,697 · fundraising $0
-
24b · Other expenses: Bell Policy Project
total $31,296 · program services $28,166 · management and general $3,130 · fundraising $0
-
24c · Other expenses: Merchant Services Fee
total $38,590 · program services $34,731 · management and general $3,859 · fundraising $0
-
24d · Other expenses: Program ambassadors
total $105,770 · program services $93,078 · management and general $12,692 · fundraising $0
-
24e · All other expenses
total $31,663 · program services $25,228 · management and general $5,258 · fundraising $1,177
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,515,079 · end of year $2,004,637
-
7 · Other notes and loans receivable
beginning of year $56,547 · end of year $42,246
-
15 · Other assets
beginning of year $1,545 · end of year $2,432
-
17 · Accounts payable and accrued expenses
end of year $4,050
-
25 · Other liabilities
beginning of year $723,340 · end of year $1,324,550
-
27 · Net assets without donor restrictions
beginning of year $849,831 · end of year $694,641
-
28 · Net assets with donor restrictions
end of year $26,074
Mission and programs · 2022
Mission
The Savings Collaborative helps low income people save through a secure mobile app. It pays rewards & favorable interest rates as incentives to save, issues loans at favorable interest rates, and coaching & education on financial management.
-
The Bell Policy Project helps educate and promote economic mobility within our community, helping individuals and families improve their economic well-being over time.
Expenses $29,650 · Revenue $29,650
-
The Savings Collaborative has empowered hundreds of lower-income families across Colorado to start saving and become financially literate. It provides loans for unexpected expenses and emergencies. It provides educational programs to develop the habit of saving and financial management skills
Expenses $421,718 · Revenue $418,470
As filed on the 2022 return.
Listed in Part VII
-
Barbara Freeman
Executive Director
- Total calculated
- $133,465
- From this org
- $25,465
- From related orgs
- $108,000
- Other
- $0
- Hours/week
- 60
-
Maria Judith Alvarez
Director
- Total calculated
- $0
- Hours/week
- 1
-
Reginald Berry
Director
- Total calculated
- $0
- Hours/week
- 2.5
-
Cindy Kahn
Director
- Total calculated
- $0
- Hours/week
- 1.5
-
Iliana Renteria
Director
- Total calculated
- $10,850
- From this org
- $10,850
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Yana Ricart
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jon Fox-Rubin
Director
- Total calculated
- $0
- Hours/week
- 1.5
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 27 March 2023
- IRS schema version
- 2022v5.0
- Source object
- 202341159349301754
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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