Four Corners Board of Realtors
Nonprofit profile at a glance
- EIN
- 840735410
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990 2017, Form 990-EZ 2024
- Location
- Cortez, CO, USA
- Phone
- 9705650112
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $80,576
- Expenses
- $95,325
- Assets
- $275,911
- Liabilities
- $25,458
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Brenda Hindmarsh-Goben (President)
- Breezy Obletz-Kingery (President-Elect)
People named in this filing
- Carol Click (Treasurer)
- Brenda Hindmarsh-Goben (President)
- Breezy Obletz-Kingery (President-Elect)
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 purpose of the Four Corners Board of Realtors, an innovative trade organization of real estate professsionals, is to: protect the right to own, use, and transfer of real estate. Promote public awareness of the realtors' special skills, knowledge, and commitment to community enrichment. Provide eduction, programs, and services to enhance member's ability to conduct their business successfully with integrity and competency.
What it reported doing in 2024
The Four Corners Board of Realtors hosted the annual Dean Hanson Memorial Golf Tournament for the purpose of promoting education through the issuance of twelve one thousand dollar scholarships. The organization also coordinated the annual Parade of Lights and assisted the Salvation Army. Three seminars were held to promote and provide continuing education for real estate professionals and supported the local Home and Garden Expo.
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
- 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
SUPPORTED - The filed numbers largely add up and revenue has grown recently. 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: 56
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.2%; rating input score 59
- Program expense ratio: 50%; rating input score 50
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -18.3%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 2.89; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -3.4% per year; rating input score 0; 39th percentile among comparable filings
- Revenue growth: 0.8% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 59.2% of revenue deployed · 50% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $48K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Mission deployment rate scored 59/100.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 24/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.