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The CTF, a 501(c)(3) Tax-Exempt Nonprofit
The Colorado Trail Foundation is a 501(c)(3) tax-exempt nonprofit organization, FedEIN Tax ID 84-1057336, as first determined by the IRS in September 1987. Donations to The Colorado Trail Foundation are tax deductible as provided in IRC Section 170. Please consult your tax adviser for specific tax guidance. Click here to see the most recent IRS document regarding our tax exemption.
Condensed Financial Statement
The Colorado Trail Foundation
For management purposes – unaudited
| YEAR ENDED | |||
|---|---|---|---|
| 12/31/2017 | 12/31/2018 | 12/31/2019 | |
| REVENUE | |||
| CONTRIBUTIONS AND GRANTS | $376,502 | $370,772 | $398,360 |
| PROGRAM SERVICE REVENUE – CREWS, STORE, TREKS | 245,270 | 212,593 | 173,844 |
| GAIN ON CABIN SALE | – | – | – |
| INVESTMENT INCOME | 86,853 | (24,791) | 144,816 |
| TOTAL REVENUE | $708,625 | $558,574 | $717,020 |
| EXPENSES | |||
| PROGRAM SERVICE EXPENSES | 485,449 | 517,092 | 487,934 |
| MANAGEMENT AND GENERAL EXPENSES | 9,905 | 9,925 | 14,217 |
| FUNDRAISING | 28,084 | 17,692 | 26,818 |
| TOTAL EXPENSES | 523,438 | 544,709 | 528,969 |
| CHANGE IN NET ASSETS | $185,187 | $13,865 | $188,051 |
| ASSETS | |||
| CURRENT ASSETS | 346,502 | 320,129 | 326,910 |
| INVESTMENTS | 885,584 | 910,793 | 1,105,610 |
| FIXED ASSETS (net of Accumulated Depreciation) | 492,454 | 501,517 | 481,029 |
| TOTAL ASSETS | $1,724,540 | $1,732,439 | $1,913,549 |
| LIABILITIES AND NET ASSETS | |||
| CURRENT LIABILITIES | 63,928 | 57,962 | 47,514 |
| NET ASSETS | 1,660,612 | 1,674,477 | 1,866,035 |
| TOTAL LIABILITIES AND NET ASSETS | $1,724,540 | $1,732,439 | $1,913,549 |
| PERCENTAGE OF TOTAL EXPENSES: | |||
| Management and General | 1.9% | 1.8% | 2.7% |
| Fundraising | 5.4% | 3.2% | 5.1% |
