The Hourglass Foundation

Nonprofit profile at a glance

EIN
814769714
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Englewood, CO, USA
Phone
3037565800
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$113,460
Expenses
$37,177
Assets
$139,934
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • KIM DAVIDSON (EXECUTIVE DIRECTOR)

People named in this filing

  • RON SHOEMAKER (CHAIRMAN)
  • CHAD SHOEMAKER (CO-FOUNDER)
  • SHERRY CALKINS (TRUSTEE)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Empowering young adults to achieve their dreams in the face of financial adversity.

What it reported doing in 2025

At the hourglass foundation, we are passionate about giving back and paying it forward. We believe in the commitment to help others. Our belief is that everyone deserves the opportunity to achieve their dreams for their best life possible, through hard work and commitment. We strive to achieve this through supporting trade school/community college scholarship programs. Scholarships are designed to help those who wish to pursue skilled trade or engineering technology including automotive and manufacturing.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 71% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 46
  • Transparency & Controls: 100
  • Sustainability: 88
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 26%; rating input score 26
  • Program expense ratio: 79.3%; rating input score 79

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: 67.2%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 3.76; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 31.5% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 38.1% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 74.9% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 26% of revenue deployed · 79.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $29K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 26/100.