12 Hours of Mesa Verde Inc
Nonprofit profile at a glance
- EIN
- 454906061
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025
- Location
- Cortez, CO, USA
- Phone
- 9707491060
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $156,977
- Expenses
- $154,184
- Assets
- $18,277
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Nic McDonald (Race Director & President)
People named in this filing
- Nic McDonald (Race Director & President)
- Dani Gregory (Registration Director & Treasurer)
- Jay Balfour (Venue Coordinator & Board Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The 12 Hours of Mesa Verde is a premier cycling event organized by volunteers dedicated to improving the lives of youth in southwest Colorado. Our sole purpose is to operate our annual event to generate revenue by selling participant entries to the public and sponsorships to local business so the proceeds can be donated to local organizations and programs that benefit youth. We focus on organizations and programs that reach at-risk youth, basic youth needs, youth sports and activities, and prevention and diversion programs. We have five beneficiary levels: Primary, Secondary, Tertiary, Discretionary, Service. We choose our beneficiaries (grantees) annually through an application process.
What it reported doing in 2025
From our program (event) proceeds we distributed grants to 17 beneficiaries: Two Primary, three Secondary, two Tertiary, eight Discretionary, and two Service. Our 2025 revenue and event day participant numbers increased, but we also had increased costs due to inflation.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 33
- Transparency & Controls: 82
- Sustainability: 37
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 33.5%; rating input score 33
- Program expense ratio: 34.1%; rating input score 34
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 1.8%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -20.5% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: 8.7% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 14.7% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 33.5% of revenue deployed · 34.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $53K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
- Moderate — Financial Efficiency: Program expense ratio scored 34/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.