Colorado Springs Firefighters Foundation
Nonprofit profile at a glance
- EIN
- 262824329
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2010
- Location
- Colorado Springs, CO, USA
- Phone
- 7195964618
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $1,971
- Expenses
- $4,109
- Assets
- $12,134
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- DAVID MCADAMS (PRESIDENT)
People named in this filing
- DAVID MCADAMS (PRESIDENT)
- JESSE WEDDLE (SECRETARY/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
Colorado springs firefighters foundation is organized and operated to provide relief to the poor, distressed, and underprivileged, by providing the funds necessary to support families, children, and individuals of all ages who are in dire need of assistance to provide support and assistance to individuals who have detrimentally been impacted by fire, medical, and other life-threatening emergencies, to provide financial assistance to like-minded organizations and individuals that are committed to protecting precious and innocent lives, and to promote the overall well-being and happiness of individuals through funding various causes that are dedicated to assisting the needy and ensuring that all individuals are given the opportunity to succeed and lead healthy and enriching lives.
What it reported doing in 2024
To promote the overall well-being and happiness of individuals through funding various causes that are dedicated to assisting the needy.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for member benefits.
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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 40
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -108.5%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 2.95; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -0.4% per year; rating input score 0; 47th percentile among comparable filings
- Revenue growth: -5.3% per year; rating input score 0; 33rd percentile among comparable filings
- Asset growth: 10.2% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $4K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.