Community Foundation of Northern Colorado
Nonprofit profile at a glance
- EIN
- 840699243
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Fort Collins, CO, USA
- Phone
- 9702243462
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Community Foundations
Reported finances
- Revenue
- $34,324,814
- Expenses
- $22,196,165
- Assets
- $244,749,393
- Liabilities
- $61,281,887
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- KRISTIN TODD (PRESIDENT & CEO)
Highest reported compensation
- KRISTIN TODD (PRESIDENT & CEO): $279,158 total reported compensation
- JORDAN COOK (CFO): $194,672 total reported compensation
- JAMES HAMILTON (DIRECTOR OF DEVELOPMENT): $157,961 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The community foundation of northern Colorado serves our community as a catalyst for community projects, a service provider to philanthropists and nonprofit organizations, and a trusted steward of long-term and often complex gift arrangements.
What it reported doing in 2024
The community foundation of northern Colorado was established in 1975 to work with individual donors, families, businesses, nonprofit organizations and communities to establish charitable giving funds that benefit causes and communities within our region. The community foundation connects people to the nonprofit sector in ways that inform and inspire their philanthropy and community involvement. Annually, millions of dollars are distributed into the community each year through initiatives, forums and educational events. We bring people together to create greater impact for those who wish to give back to their community and serve as a long-term, strategic partner to make individual's donations of time and money more effective.
Operating model
- Revenue model
- Donor-supported. 73% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 83% of its reported program spending out as grants.
- 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. Some filed totals do not add up and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 78
- Accountability: 100
- Sustainability: 82
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.2%; rating input score 74
- Program expense ratio: 90.9%; rating input score 91
- Fundraising efficiency: $39.98 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 89.5%; rating input score 89; 3rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 96.3%; rating input score 96; 26th 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; 66th 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: 35.3%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 11.03; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 4%; rating input score 59; 59th percentile among comparable filings
Growth
- Program expense growth: 9.5% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 9.1% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 10.2% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 74.2% of revenue deployed · 90.9% of spending went to programs
- Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $20.2M in reported program spending
- Leadership: top reported pay $279K · 17 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $303K reported
- Consistency: 39 of 41 current checks pass · 2 findings to review
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 273 filed money-flow records
- Related organizations: 266 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.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.
- Review — Sustainability: Officer compensation ratio scored 59/100.