Evergreen Legacy Foundation

Nonprofit profile at a glance

EIN
844777007
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Evergreen, CO, USA
Phone
3036748363
Rating
50
Verdict
MIXED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$159,929
Expenses
$59,728
Assets
$478,213
Liabilities
$24,265

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

Leadership & pay

9 people listed

Executive titles in this filing

  • Dean Dalvit (President)
  • Eric Gill (Vice President)

People named in this filing

  • Dean Dalvit (President)
  • Eric Gill (Vice President)
  • Robert Cardwell (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

This organization's goal is to raise funds to improve the infrastructure and therefore overall quality of life in the activity centers of Evergreen, Colorado.Unlike many nonprofits, the timing of the organizations annual disbursements on program activities do not neatly match annual revenues. As an organization that provides project funding to one or more partner organizations (government and nonprofit), the timing of actual disbursements is determined by the partner organizations fundraising or appropriation process; staffing and budgeting cycle; project planning; physical construction; and final implementation. As some of the projects can span multiple years, interim and final funding disbursements are intermittent rather than adhering to a more regular annual funding cycle. With the organizations performance better measured over time, total revenues for 2021-2024 were approximately $485K, matched with $330K in program spending; about $94K (20%) for fundraising and administrative; an

What it reported doing in 2024

Donated $5,000 to Evergreen High School PTA to stimulate other donatons for acquiring new bleachers for the home athletic field, quadrupling the seating capacity and making them ADA accessible.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 89% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 7
  • Transparency & Controls: 100
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 4.1%; rating input score 4
  • Program expense ratio: 11.1%; rating input score 11

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: 62.7%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 8.01; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 49%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: -142.4% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: 15.1% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 24.1% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 4.1% of revenue deployed · 11.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $7K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Mission deployment rate scored 4/100.
  • High — Financial Efficiency: Program expense ratio scored 11/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.