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Nonprofiteer
← DENVER POST COMMUNITY FOUNDATION

Form 990 for tax year 2023

Filed by DENVER POST COMMUNITY FOUNDATION.

Totals

Total revenue
$2,279,658
Total expenses
$2,348,033
Contributions and grants received
$1,802,353
Grants paid
$1,603,500
Program service revenue
$347,271
Investment income
$5,034
Other revenue
$125,000
Total assets, end of year
$1,879,132
Total liabilities, end of year
$29,788
Net assets or fund balances, end of year
$1,849,344
Program services expenses (Part IX)
$2,011,123
Management and general expenses
$92,096
Fundraising expenses
$244,814
Program service expenses (Part III)
$2,011,123

Program services were 85.7% 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

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $1,802,353

  • 1g · Noncash contributions included above

    $0

  • 2f · All other program service revenue

    total $347,271 · related or exempt $347,271 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $5,034 · related or exempt $5,034 · 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

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $125,000 · related or exempt $125,000 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $125,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,603,500 · program services $1,603,500

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $184,193 · management and general $92,096 · fundraising $92,097

  • 6 · Compensation of disqualified persons

    total $194,971 · program services $194,971

  • 7 · Other salaries and wages

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $186,873 · program services $55,368 · management and general $0 · fundraising $131,505

  • 11b · Fees: legal

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $12,871 · program services $12,871 · management and general $0 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total -$3,750 · program services -$3,750 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $24,724 · program services $20,874 · management and general $0 · fundraising $3,850

  • 14 · Information technology

    total $9,697 · program services $4,762 · management and general $0 · fundraising $4,935

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $2,573 · program services $2,573 · management and general $0 · fundraising $0

  • 17 · Travel

    total $13,091 · program services $12,956 · management and general $0 · fundraising $135

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24a · Other expenses: Outside Printing

    total $3,580 · program services $3,580 · management and general $0 · fundraising $0

  • 24b · Other expenses: Equipment Rental

    total $1,685 · program services $1,685 · management and general $0 · fundraising $0

  • 24c · Other expenses: Entertainment

    total $96,676 · program services $96,676 · management and general $0 · fundraising $0

  • 24d · Other expenses: Bank Fees

    total $17,349 · program services $5,057 · management and general $0 · fundraising $12,292

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,946,813 · end of year $1,129,132

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $750,000

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $29,094 · end of year $29,788

  • 27 · Net assets without donor restrictions

    beginning of year $1,917,719 · end of year $1,849,344

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

To improve and enrich life through support of programs that benefit children, the arts, literature and education, and the provision of basic human services.

Activities or mission (Part I)

See schedule O

  • The Denver Post Community Foundation strives to fulfill its mission of improving and enriching the lives of those in our community through its programs and events, and by raising and distributing money to Denver area non-profits in the areas of arts and culture, children and youth, education, literacy, and the provision of basic human services.

    Expenses $2,011,123 · Grants $1,603,500 · Revenue $347,271

As filed on the 2023 return.

Listed in Part VII

  • Tracy Ulmer

    CEO and President

    Total calculated
    $165,000
    From this org
    $165,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,000
    Bonus
    $20,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $5,599
    Filer's total
    $170,599

  • Bill Reynolds

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Justin Mock

    Treasurer & Secretary

    Total calculated
    $0
    Hours/week
    1

  • Lee Ann Colacioppo

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Christine Moser

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • James Samuelson

    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
10 May 2024
IRS schema version
2023v5.0
Source object
202401319349302925

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.