Applewood Community Foundation
Nonprofit profile at a glance
- EIN
- 833857210
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2020
- Location
- Lakewood, CO, USA
- Phone
- 3032389673
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $22,844
- Expenses
- $33,100
- Assets
- $14,195
- Liabilities
- $8,490
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- KELLY SHEA (PRESIDENT)
People named in this filing
- KELLY SHEA (PRESIDENT)
- LEE J KNOLL (TREASURER)
- NOLA KRAJEWSKI (VICE PRESIDE)
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 purpose of the organization includes, but is not limited to, to support business and community development in applewood, specifically in the applewood area of lakewood, wheat ridge, golden and unincorporated jefferson county market(s); 1. Increasing inves tment in applewood businesses and in the community; 2. Support ing business and community improvement and prevent ing community deterioration; 3. Encouraging greater community pride, local leadership, and community development; as well as funding special request s from or for nonprofit organizations, schools, individuals, or other vetted people or groups from the greater applewood community; 4. Promot ing an improved image for applewood. Article ii:
What it reported doing in 2025
Support of business and community development in the greater applewood area.
Operating model
- Revenue model
- Other-operating. 63% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 22
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95.3%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -44.9%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.6; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -1.2% per year; rating input score 0; 44th percentile among comparable filings
- Revenue growth: -14.7% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: -1.6% per year; rating input score 0; 32nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 95.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $32K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2021 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 — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.