Totals
- Total revenue
- $449,577
- Total expenses
- $395,902
- Contributions and grants received
- $485,142
- Grants paid
- $373,850
- Program service revenue
- $5,930
- Investment income
- $12,232
- Other revenue
- -$53,727
- Total assets, end of year
- $1,470,205
- Total liabilities, end of year
- $536,292
- Net assets or fund balances, end of year
- $933,913
- Program services expenses (Part IX)
- $377,628
- Management and general expenses
- $12,804
- Fundraising expenses
- $5,470
- Program service expenses (Part III)
- $377,628
Program services were 95.4% 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.
-
1c · Fundraising events
$293,541
-
1f · All other contributions, gifts and grants
$191,601
-
1g · Noncash contributions included above
$46,516
-
2a · Program service revenue: SCHOLAR'S DINNER
total $5,930 · related or exempt $5,930
-
3 · Investment income
total $12,232 · excluded $12,232
-
8a · Fundraising events: gross income
$109,160
-
8a · Fundraising events: contributions included on line 1c
$293,541
-
8b · Fundraising events: direct expenses
$165,557
-
8c · Net income from fundraising events
total -$56,397 · excluded -$56,397
-
11a · Other revenue: SALE DONATED EQUIPMENT
total $2,670 · excluded $2,670
-
11e · Other revenue, total
$2,670
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $373,850 · program services $373,850
-
11c · Fees: accounting
total $5,350 · management and general $5,350
-
11g · Fees: other
total $6,157 · program services $662 · management and general $75 · fundraising $5,420
-
13 · Office expenses
total $4,392 · management and general $4,342 · fundraising $50
-
14 · Information technology
total $2,616 · program services $2,616
-
19 · Conferences, conventions and meetings
total $94 · management and general $94
-
23 · Insurance
total $757 · management and general $757
-
24a · Other expenses: ALL OTHER
total $2,686 · program services $500 · management and general $2,186
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $837,683 · end of year $916,180
-
2 · Savings and temporary cash investments
beginning of year $525,437 · end of year $527,562
-
3 · Pledges and grants receivable
beginning of year $17,500 · end of year $7,500
-
9 · Prepaid expenses and deferred charges
beginning of year $7,806 · end of year $7,306
-
15 · Other assets
beginning of year $1,550 · end of year $11,657
-
17 · Accounts payable and accrued expenses
beginning of year $100,938 · end of year $103,212
-
18 · Grants payable
beginning of year $404,120 · end of year $433,080
-
19 · Deferred revenue
beginning of year $4,680
-
27 · Net assets without donor restrictions
beginning of year $854,808 · end of year $933,913
-
28 · Net assets with donor restrictions
beginning of year $25,430
Mission and programs · 2022
Mission
TO PROVIDE SCHOLARSHIPS TO THE CHILDREN OF COLORADO WORKERS WHO ARE FATALLY OR PERMANENTLY INJURED IN A COMPENSABLE WORK RELATED ACCIDENT OR ILLNESS.
-
THE FOUNDATION WAS LAUNCHED IN 2001 TO AWARD SCHOLARSHIPS TO CHILDREN OF COLORADO WORKERS SERIOUSLY INJURED OR KILLED IN A COMPENSABLE WORK-RELATED ACCIDENT OR ILLNESS. SCHOLARSHIPS AVERAGE 4,700 PER YEAR PER STUDENT AND MAY ONLY BE USED FOR THE COSTS OF ATTENDING SCHOOL AT ACCREDITED COLLEGES, UNIVERSITIES, COMMUNITY COLLEGES, AND VOCATIONAL SCHOOLS. IN FISCAL 2022-23, THE ORGANIZATION PROVIDED SCHOLARSHIPS TO 84 STUDENTS ATTENDING 45 DIFFERENT COLLEGES AND UNIVERSITIES.
Expenses $377,628 · Grants $373,850
As filed on the 2022 return.
Listed in Part VII
-
Wes ParhamWES PARHAM
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Luke McFarlandLUKE MCFARLAND
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Alicia AllenALICIA ALLEN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Kathy KranzKATHY KRANZ
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Tim JohnsonTIM JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Howard CarverHOWARD CARVER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael GiffordMICHAEL GIFFORD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John O'DonnellJOHN O'DONNELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer NeppelJENNIFER NEPPEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Krista O'RourkeKRISTA O'ROURKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sean PechanSEAN PECHAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Doug RuegseggerDOUG RUEGSEGGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Theresa CraddockTHERESA CRADDOCK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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.
-
OTHER · INSURANCE · CO
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 26 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410479349301371
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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