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Nonprofit · EIN 84-4409670

COLORADO OPPORTUNITY FOUNDATION

Tax-exempt · ENGLEWOOD, CO 80111

Financials

$2.7M$3.3M2023$950K$1.3M2024
Revenue Expenses · by fiscal year end
Financials of COLORADO OPPORTUNITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$950,000$1,253,352-$303,352$2,146$0$2,146
December 31, 2023990$2,700,000$3,332,008-$632,008$305,498$0$305,498
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$950,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,050,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,112
Program services (functional)
$1,250,000
Management and general (functional)
$3,352

Balance sheet and other

Total assets, start of year
$305,498
Total assets, end of year
$2,146
Total liabilities, end of year
$0
Net assets, end of year
$2,146
Gross receipts
$950,000
Employees
0
Volunteers
0
Year formed
2020
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL FIELDSPRINCIPAL DIRECTOR
Trustee or director, Officer
2$0
SEAN TONNERBOARD MEMBER
Trustee or director
2$0
LUKE RAGLANDBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MICHAEL FIELDSPRINCIPAL DIRECTOR
Trustee or director, Officer
2$0
SEAN TONNERBOARD MEMBER
Trustee or director
2$0
LUKE RAGLANDBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
6501 E BELLEVIEW AVE STE 375, ENGLEWOOD, CO 80111-6002
Principal officer (990 for 2024)
MICHAEL FIELDS, 6501 E BELLEVIEW AVE 375, ENGLEWOOD, CO 80111
Signed the 990
MICHAEL FIELDS, PRINCIPAL DIRECTOR
Phone
(303) 518-1663
Return prepared by
DALBY WENDLAND & CO PC

Mission

THE COLORADO OPPORTUNITY FOUNDATION IS ORGANIZED EXCLUSIVELY FOR PUBLIC EDUCATIONAL PURPOSES, PERFORMING RESEARCH, MODELING, ANALYSIS, AND PUBLIC EDUCATION ON GOVERNMENT POLICIES THAT EXPAND AND GROW STATE AND NATIONAL ECONOMIC CONDITIONS. THE COLORADO OPPORTUNITY FOUNDATION SERVES AS A RESOURCE PROVIDING PRACTICAL RESEARCH AND INFORMATION REGARDING THEORETICAL AND EMPIRICAL EVIDENCE CONCERNING THE COSTS AND EFFECTIVENESS OF STATE AND LOCAL TAX, SPENDING, AND REGULATORY POLICIES. PUBLIC EDUCATION IS PROVIDED THROUGH SOURCES THAT ARE AVAILABLE TO THE GENERAL PUBLIC WITHOUT RESTRICTIONS OR FEES.

990 for the year ended December 31, 2024

Program accomplishments

  • COLORADO OPPORTUNITY FOUNDATION MADE GRANTS TO OTHER CHARITABLE ORGANIZATIONS TO SUPPORT SPECIFIC PUBLIC EDUCATION ACTIVITIES THAT ARE CONSISTENT WITH AND ADVANCE COLORADO OPPORTUNITY FOUNDATION'S MISSION AND PURPOSE. COLORADO OPPORTUNITY FOUNDATION'S GRANTS TO OTHER CHARITABLE ORGANIZATIONS WERE LIMITED TO DEFINED ACTIVITIES THAT SUPPORT THE SAME CHARITABLE PURPOSE AS COLORADO OPPORTUNITY FOUNDATION. COLORADO OPPORTUNITY FOUNDATION HAS POLICIES AND COMPLIANCE CONTROLS IN PLACE TO ENSURE RECIPIENT ORGANIZATIONS: EXPEND GRANT FUNDING IN A MANNER THAT IS CONSISTENT WITH COLORADO OPPORTUNITY FOUNDATION PURPOSES AND PRIORITIES; DO NOT HAVE A FAMILY OR BUSINESS RELATIONSHIP WITH COLORADO OPPORTUNITY FOUNDATION OR ITS DIRECTORS; AND KEEP PROPER FINANCIAL RECORDS RELATED TO THE AMOUNTS AND PURPOSE OF GRANT DISTRIBUTIONS. COLORADO OPPORTUNITY FOUNDATION MONITORS THE PROGRESS OF ACTIVITIES ACHIEVED THROUGH GRANTS.
    Expenses $1,050,000 · grants $1,050,000
  • THE COLORADO OPPORTUNITY FOUNDATION CONDUCTED RESEARCH, ANALYSIS, AND PUBLIC EDUCATION SUPPORTING POLICIES AND REGULATIONS IMPACTING STATE ECONOMIC GROWTH, INCLUDING PROGRAMS THAT SUPPORT STATE RIGHTS UNDER THE U.S. CONSTITUTION. PUBLIC EDUCATION WAS MADE AVAILABLE TO THE GENERAL PUBLIC WITHOUT RESTRICTION THROUGH OPEN ACCESS WEBSITES, PUBLISHED ARTICLES, AND ADVERTISEMENTS THAT ARE OPEN AND ACCESSIBLE TO THE GENERAL PUBLIC.
    Expenses $200,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-4409670
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,146
Income (IRS master file)
$950,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$950,000$1,253,352$2,146XML
990December 2023$2,700,000$3,332,008$305,498XML
990December 2022$2,425,000$2,225,001$937,506IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-4409670).

Questions about COLORADO OPPORTUNITY FOUNDATION

What is the EIN of COLORADO OPPORTUNITY FOUNDATION?
The employer identification number (EIN) of COLORADO OPPORTUNITY FOUNDATION is 84-4409670.
Is COLORADO OPPORTUNITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to COLORADO OPPORTUNITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COLORADO OPPORTUNITY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COLORADO OPPORTUNITY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COLORADO OPPORTUNITY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COLORADO OPPORTUNITY FOUNDATION?
The 990 for the year ended December 31, 2024 names MICHAEL FIELDS.
Who are the officers and directors of COLORADO OPPORTUNITY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does COLORADO OPPORTUNITY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $950,000, expenses of $1,253,352 and total assets of $2,146 at year end.

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