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Nonprofiteer
← COLORADO ROCKY MOUNTAIN SCHOOL FOUNDATION

Form 990 for tax year 2022

Filed by COLORADO ROCKY MOUNTAIN SCHOOL FOUNDATION.

Totals

Total revenue
$1,765,000
Total expenses
$319,159
Contributions and grants received
$352,131
Grants paid
$256,532
Program service revenue
$0
Investment income
$1,412,869
Other revenue
$0
Total assets, end of year
$27,057,129
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$27,057,129
Program services expenses (Part IX)
$256,532
Management and general expenses
$62,627
Fundraising expenses
$0
Program service expenses (Part III)
$256,532

Program services were 80.4% 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.

  • 1f · All other contributions, gifts and grants

    $352,131

  • 1g · Noncash contributions included above

    $287,961

  • 3 · Investment income

    total $412,245 · excluded $412,245

  • 7a · Gross sales of assets other than inventory

    securities $5,889,520 · other assets $1

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

    securities $4,888,897

  • 7c · Gain or loss

    securities $1,000,623 · other assets $1

  • 7d · Net gain or loss

    total $1,000,624 · excluded $1,000,624

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $256,532 · program services $256,532

  • 11f · Fees: investment management

    total $60,721 · management and general $60,721

  • 13 · Office expenses

    total $1,906 · management and general $1,906

Balance sheet

Part X, book values.

  • 11 · Investments: publicly traded securities

    beginning of year $22,966,155 · end of year $26,287,674

  • 12 · Investments: other securities

    beginning of year $701,207 · end of year $649,950

  • 15 · Other assets

    beginning of year $137,209 · end of year $119,505

  • 27 · Net assets without donor restrictions

    beginning of year $18,878,082

  • 28 · Net assets with donor restrictions

    beginning of year $4,926,489 · end of year $27,057,129

Mission and programs · 2022

Mission

TO RECEIVE AND MANAGE ENDOWMENT FUNDS WHICH SUPPORT COLORADO ROCKY MOUNTAIN SCHOOL, INC.

  • TO RECEIVE AND MANAGE ENDOWMENT FUNDS WHICH SUPPORT COLORADO ROCKY MOUNTAIN SCHOOL, INC.

    Expenses $256,532 · Grants $256,532

As filed on the 2022 return.

Listed in Part VII

  • Joseph D White

    TREASURER

    Total calculated
    $184,951
    From this org
    $0
    From related orgs
    $158,972
    Other
    $25,979
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    not reported + $158,972 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $10,361 related
    Nontaxable benefits
    not reported + $63,618 related
    Filer's total
    not reported + $184,951 related

  • Garett Bjorkman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Peggy Corcillo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Peter Louras

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Todger Anderson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Grace Enbring--End 072022

    DIRECTOR

    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

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses

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

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 1A
JOSEPH WHITE, ASSISTANT TREASURER, WAS REQUIRED TO LIVE IN A COLORADO ROCKY MOUNTAIN SCHOOL, INC. RESIDENCE. THE ESTIMATED ANNUAL RENTAL VALUE OF THE SCHOOL-PROVIDED RESIDENCE OF 48,000 IS INCLUDED IN SCHEDULE J, COLUMN D - NON-TAXABLE BENEFITS. AN INDEPENDENT REAL ESTATE APPRAISER PROVIDED THE ESTIMATED RENTAL VALUE OF SCHOOL-PROVIDED RESIDENCES IN 2009. THE VALUE INCREASED IN FISCAL YEAR 2021 BASED ON MANAGEMENT'S ESTIMATE.

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

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
2022
Filed
10 May 2024
IRS schema version
2022v5.0
Source object
202411319349305031

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