Denver Firefighters Protective Association Building Corporation
Nonprofit profile at a glance
- EIN
- 841246680
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Littleton, CO, USA
- Phone
- 3032953659
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $167,416
- Expenses
- $72,287
- Assets
- $4,130,370
- Liabilities
- $22,601
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- ZACHARY MAMIGONIAN (PRESIDENT)
Highest reported compensation
- MICHAEL POVEDA (SECRETARY/TR): $33,215 total reported compensation
- CHRISTOPHER INGLEE (3RD VP): $5,110 total reported compensation
- ZACHARY MAMIGONIAN (PRESIDENT): $2,555 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide income for the denver firefighters protective association by holding title and leasing commercial property pursuant to 501(c)(2) of the internal revenue code.
What it reported doing in 2024
To provide an investment and property title holding entity for the denver firefighter protective association's real estate assets the rental of which support retirement and death benefits paid by the related exempt organization for the benefit of its 1,896 active and retired members.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 79
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 21st percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 56.8%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 57.14; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -17% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: 10.8% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 3.7% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 4 of 5 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $33K · 5 people listed
- Consistency: 14 of 15 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.