Centennial Foundation
Nonprofit profile at a glance
- EIN
- 841049601
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2016, Form 990-EZ 2024, Form 990-N 2007
- Location
- Greeley, CO, USA
- Phone
- 9705902341
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $49,670
- Expenses
- $105,311
- Assets
- $113,852
- Liabilities
- $40,516
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- SCOTT GATTIS (CO PRESIDENT)
- KELLY JACKSON (PRESIDENT)
- KAROLINE WOODRUFF (CO PRESIDENT)
People named in this filing
- SCOTT GATTIS (CO PRESIDENT)
- KELLY JACKSON (PRESIDENT)
- CHRIS WOODRUFF (TREASURER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide scholarships to college students, contributions to youth organizations, financial assistance to foreign exchange students, support of local education through ongoing projects, contributions to other organizations to better our community and worldwide service projects.
What it reported doing in 2024
Scholarships to college students and better schools
Operating model
- Revenue model
- Other-operating. 85% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% 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. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -112%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 1.08; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.36; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2.7% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: -10.5% per year; rating input score 0; 23rd percentile among comparable filings
- Asset growth: -3.4% per year; rating input score 0; 28th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $104K in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2012 to 2024
- 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.
- High — Sustainability: Operating margin scored 7/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.