Community Development : Community Foundations

Aspen Community Foundation

Making a critical difference for thousands of individuals and families in our region.

three stars

87.78

455 Gold Rivers Court Suite 515
Basalt, CO 81621
tel: (970) 925-9300   Web Site
EIN: 84-0829226

Board Leadership
Allen Grossman
Chair

CEO
Tamara Tormohlen
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 87.78 three stars
  Financial 83.20 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Aspen Community Foundation (ACF), founded in 1980, directs a collection of funds that have been created by individuals, families, nonprofits, businesses, and ACF itself for charitable purposes, awarding millions of dollars in grants to nonprofits from these funds. Donations to our community grantmaking funds allow ACF to continue to provide strong support to local nonprofit organizations that are making a critical difference for thousands of individuals and families in our region.

Aspen Community Foundation (ACF), founded in 1980, directs a collection of funds that have been created by individuals, families, nonprofits, businesses, and ACF itself for charitable purposes, awarding millions of dollars in grants to nonprofits from these funds. Donations to our community grantmaking funds allow ACF to continue to provide strong support to local nonprofit organizations that are making a critical difference for thousands of individuals and families in our region.

Impact Information

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This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

83.20

Accountability & Transparency

four stars

96.00

This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
96.6%
  Administrative Expenses 1.8%
  Fundraising Expenses 1.5%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 2.96
  Program Expenses Growth 0.7%
  Liabilities to Assets 14.4%
All data for Financial Performance Metrics calculations was provided by Aspen Community Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Aspen Community Foundation on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $7,154,914
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $90,125
   Related Organizations $0
   Government Grants $0
Total Contributions $7,245,039
   Program Service Revenue $0
Total Primary Revenue $7,245,039
   Other Revenue $142,582
TOTAL REVENUE $7,671,491
   
EXPENSES  
   Program Expenses $10,333,238
   Administrative Expenses $186,515
   Fundraising Expenses $164,107
TOTAL FUNCTIONAL EXPENSES $10,683,860
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-3,012,369
   
Net Assets $31,476,076

Charts

Compensation % of Expenses Paid to Title
$164,196 1.53% Tamara Tormohlen Executive Director

Mission

Aspen Community Foundation (ACF), founded in 1980, directs a collection of funds that have been created by individuals, families, nonprofits, businesses, and ACF itself for charitable purposes, awarding millions of dollars in grants to nonprofits from these funds. Donations to our community grantmaking funds allow ACF to continue to provide strong support to local nonprofit organizations that are making a critical difference for thousands of individuals and families in our region.

Highly Rated

Charity Name & State Overall Score Overall Rating
Aspen Community Foundation (CO) 87.78 three stars
South Dakota Community Foundation (SD) 90.36 four stars
St. Croix Valley Foundation (WI) 86.01 three stars
Albuquerque Community Foundation (NM) 87.80 three stars
Community Foundation of Greater Huntsville (AL) 93.98 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

Aspen Community Foundation
455 Gold Rivers Court
Suite 515
Basalt, CO 81621
tel: (970) 925-9300
EIN: 84-0829226

Visit Web Site

Board Leadership

Allen Grossman
Chair

CEO

Tamara Tormohlen
Executive Director