ENGLEWOOD DEPOT INC Aka Letterpress Depot

Nonprofit profile at a glance

EIN
463207079
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024, Form 990-N 2017
Location
Englewood, CO, USA
Phone
7204805358
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$123,584
Expenses
$115,502
Assets
$425,480
Liabilities
$46,000

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Tom Parson (Executive Director)
  • Jason Wedekind (President)
  • Ian VanMater (Director, former president)

People named in this filing

  • Tom Parson (Executive Director)
  • Jason Wedekind (President)
  • Patti Parson (Secretary)

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

The continuing mission of the Letterpress Depot is for education of the public about traditional arts of letterpress printing, typography, design, and all forms of book arts. To serve as a community resource with workshops, hands-on experience, exhibits, publications and demonstrations. As a living museum of related arts, we offer research and library resources on printing, typography, design, poetry and art, including historic and technical reference materials and equipment. We serve our members, school groups and individuals of the general public with education, literary and related activities to serve the public good. As rehabilitation of our historic depot building continues, we engage the public at other possible venues. We continue individual projects, information services, construction and planning, as well as maintenance and repair of equipment and organization of our museum collection.

What it reported doing in 2024

Demonstrations to introduce book arts, printing, historic information and our available resources continued with multiple events in 2024. A STEM printing event included hands-on engagement with students at Cherrelyn Elementary, and twice at Cherry Creek High School at their Fine Arts Fridays. At The Finest High School of Choice in Englewood students used our wood type and press to produce a series of Wanted Posters. Other Englewood hands-on printing took us to Belleview Park, to the Spring Market, the Englewood Block Party, and the Englewood Holiday Fair. We brought our presses out for the Rocky Mountain Stamp Show and for the annual Rocky Mountain Book & Paper Fair. Individual workshops and printing projects were done at nearby printshops, including a session with the Postcard Club of Denver, and a group workshop at the Book Arts League in Boulder. Seasonal cards, wedding invitations, poetry, broadsides, and other small press projects have been hand-set and printed by traditional methods. Individual advice and discussion have been available online and by phone, including research access and scanning materials from our collection of historic amateur journalism. A major regional biannual event - the Month of Printmaking - included a Print Jam at the Arvada Center, where we participated with four kinds of tabletop presses, including Lego printing, a mini etching press printing Lewis Carroll's Jabberwocky, and production of a series of botanical studies from Colorado Agricultural College in the 1920s printed on our tabletop Adana press. Letterpress Depot also participated in the MoPrint Open Studio days, and the Small Press Fest gathering. With woodblock artist Michael Keyes we produced a broadside poster for a MoPrint show in Arvada. Another major event combined our printing expertise with demonstrations and presentations at the international How Design conference held in Denver in 2024. We moved our historic 1800 pound Washington style hand press to the conference for hands-on demonstrations: we printed and distributed broadside posters with an image of the press, using hand-set wood type and photopolymer printing processes. For another area of our program services we continued investment in Zoom meeting resources for Board meetings and discussions, and for expanded online projects, education and sharing of our work on our website and on social media with a larger online public. In 2024 we focused on improvements for our web and social media presence with a board review Tech Audit. We are actively involved nationally and internationally in an expanding online letterpress and bookarts community.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 100
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71%; rating input score 71
  • Program expense ratio: 76%; rating input score 76

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 6.5%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 3.68; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 49.2% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 18.2% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 6% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: 71% of revenue deployed · 76% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $88K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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.

  • Review — Sustainability: Operating margin scored 51/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.