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← COLORADO OPPORTUNITY FOUNDATION

Form 990 for tax year 2024

Filed by COLORADO OPPORTUNITY FOUNDATION.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2024 , filed 5 February 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Those are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$950,000
Total expenses
$1,253,352
Contributions and grants received
$950,000
Grants paid
$1,050,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$2,146
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,146
Program services expenses (Part IX)
$1,250,000
Management and general expenses
$3,352
Fundraising expenses
$0
Program service expenses (Part III)
$1,250,000

Program services were 99.7% 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.

  • 1f · All other contributions, gifts and grants

    $950,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,050,000 · program services $1,050,000

  • 11c · Fees: accounting

    total $3,112 · management and general $3,112

  • 11g · Fees: other

    total $200,000 · program services $200,000

  • 24a · Other expenses: BANK CHARGES

    total $240 · management and general $240

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $305,498 · end of year $2,146

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $305,498 · end of year $2,146

Mission and programs · 2024

Mission

THE COLORADO OPPORTUNITY FOUNDATION IS ORGANIZED EXCLUSIVELY FOR PUBLIC EDUCATIONAL PURPOSES, PERFORMING RESEARCH, MODELING, ANALYSIS, AND PUBLIC EDUCATION ON GOVERNMENT POLICIES THAT EXPAND AND GROW STATE AND NATIONAL ECONOMIC CONDITIONS. THE COLORADO OPPORTUNITY FOUNDATION SERVES AS A RESOURCE PROVIDING PRACTICAL RESEARCH AND INFORMATION REGARDING THEORETICAL AND EMPIRICAL EVIDENCE CONCERNING THE COSTS AND EFFECTIVENESS OF STATE AND LOCAL TAX, SPENDING, AND REGULATORY POLICIES. PUBLIC EDUCATION IS PROVIDED THROUGH SOURCES THAT ARE AVAILABLE TO THE GENERAL PUBLIC WITHOUT RESTRICTIONS OR FEES.

  • COLORADO OPPORTUNITY FOUNDATION MADE GRANTS TO OTHER CHARITABLE ORGANIZATIONS TO SUPPORT SPECIFIC PUBLIC EDUCATION ACTIVITIES THAT ARE CONSISTENT WITH AND ADVANCE COLORADO OPPORTUNITY FOUNDATION'S MISSION AND PURPOSE. COLORADO OPPORTUNITY FOUNDATION'S GRANTS TO OTHER CHARITABLE ORGANIZATIONS WERE LIMITED TO DEFINED ACTIVITIES THAT SUPPORT THE SAME CHARITABLE PURPOSE AS COLORADO OPPORTUNITY FOUNDATION. COLORADO OPPORTUNITY FOUNDATION HAS POLICIES AND COMPLIANCE CONTROLS IN PLACE TO ENSURE RECIPIENT ORGANIZATIONS: EXPEND GRANT FUNDING IN A MANNER THAT IS CONSISTENT WITH COLORADO OPPORTUNITY FOUNDATION PURPOSES AND PRIORITIES; DO NOT HAVE A FAMILY OR BUSINESS RELATIONSHIP WITH COLORADO OPPORTUNITY FOUNDATION OR ITS DIRECTORS; AND KEEP PROPER FINANCIAL RECORDS RELATED TO THE AMOUNTS AND PURPOSE OF GRANT DISTRIBUTIONS. COLORADO OPPORTUNITY FOUNDATION MONITORS THE PROGRESS OF ACTIVITIES ACHIEVED THROUGH GRANTS.

    Expenses $1,050,000 · Grants $1,050,000

  • THE COLORADO OPPORTUNITY FOUNDATION CONDUCTED RESEARCH, ANALYSIS, AND PUBLIC EDUCATION SUPPORTING POLICIES AND REGULATIONS IMPACTING STATE ECONOMIC GROWTH, INCLUDING PROGRAMS THAT SUPPORT STATE RIGHTS UNDER THE U.S. CONSTITUTION. PUBLIC EDUCATION WAS MADE AVAILABLE TO THE GENERAL PUBLIC WITHOUT RESTRICTION THROUGH OPEN ACCESS WEBSITES, PUBLISHED ARTICLES, AND ADVERTISEMENTS THAT ARE OPEN AND ACCESSIBLE TO THE GENERAL PUBLIC.

    Expenses $200,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Michael Fields

    PRINCIPAL DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Sean Tonner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Luke Ragland

    BOARD MEMBER

    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

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202533219349322328

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