Colorado Springs Sports Corporation

Nonprofit profile at a glance

EIN
840811908
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Colorado Springs, CO, USA
Phone
7196347333
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Amateur Sports Competitions

Official website

Reported finances

Revenue
$2,805,149
Expenses
$3,027,574
Assets
$5,221,442
Liabilities
$470,577

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • MEGAN LEATHAM (PRESIDENT AN)

Highest reported compensation

  • MEGAN LEATHAM (PRESIDENT AN): $316,429 total reported compensation
  • AUBREY MCCOY (COO): $142,211 total reported compensation
  • BRIANNA GOODWIN (CHIEF DEV. O): $122,654 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To inspire and advance Colorado springs, olympic city USA, and the pikes peak region through sport and community events. As the heart of sports and community events in olympic city USA, Colorado springs sports corporation creates meaningful experiences that bring people together, enhance community pride, support youth development, and generate positive economic impact throughout the region. Through event management, sports tourism, community programming, and strategic partnerships, the organization works to elevate Colorado springs, olympic city USA, and the pikes peak region as a premier destination for sport and community engagement.

What it reported doing in 2025

Community and sports programming - through programs such as the rocky mountain state games, the Colorado senior games, and the youth, education, and sport (yes) program, Colorado springs sports corporation provides opportunities for individuals of all ages and abilities to participate in sport and community activities. These programs promote physical activity, healthy lifestyles, teamwork, inclusion, and sportsmanship throughout the entire life cycle of sport while creating meaningful connections among participants, families, schools, and community organizations. From youth development initiatives to adaptive sports opportunities, sports corp advances a healthier, more engaged, and more connected community throughout Colorado springs, olympic city USA, and the pikes peak region through the power of sport.

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 88% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 78
  • Accountability: 100
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87%; rating input score 87
  • Program expense ratio: 76.2%; rating input score 76
  • Fundraising efficiency: $5.81 raised per $1 spent on fundraising; rating input score 18; 18th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.7%; rating input score 95; 26th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 63.9%; rating input score 64; 23rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -7.9%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 1.72; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 19.2%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 1.3% per year; rating input score 100; 16th percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 20th percentile among comparable filings
  • Asset growth: 11% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 87% of revenue deployed · 76.2% of spending went to programs
  • Governance: 19 of 19 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $2.3M in reported program spending
  • Leadership: top reported pay $316K · 27 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 10 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 18 filed money-flow records
  • Related organizations: 16 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 18/100.
  • High — Sustainability: Operating margin scored 12/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.