Small Public Charity

Colorado Business Development Foundation

Based in Littleton, CO, Colorado Business Development Foundation operates as a Small Public Charity. The organization reported $53K in revenue, $147K in expenses, $172K in total assets for fiscal year 2022. Imperigo tracks 25 reported grants from this foundation totaling approximately $436K.

EIN: 472118144 Littleton, CO Private Independent Foundations NTEE: T22 Latest filing: 2022
Total Revenue$53K
Total Expenses$147K
Total Assets$172K
Grants Given25
Grant Total$436K
Filing Years2017–2022

Mission

Colorado Business Development Foundation develops and funds small business resources

Where $100 goes at Colorado Business Development Foundation

How Colorado Business Development Foundation divides every $100 it spends, from its own Form 990-EZ filings, averaged across 5 years.

$93 Programs the work itself
$7 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $93 for programs

$93
Colorado Business Resource Book
All program spending · Reported in the filing: 900 books; 500 books; 1,400 entrepreneurs
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2022. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

PIKES PEAK SMALL BUSINESS DEVELOPMENT CENTER (EL PASO COUNTY)
COLORADO SPRINGS, CO · 2019
MINORITY, VETERAN AND WOMEN-OWNED BUSINESS CONSULTING AND PROGRAMMING
$46,610
BOULDER, CO · 2019
P2E PROGRAM CONSULTING
$27,440
AURORA-SOUTH METRO SBDC (CITY OF AURORA)
AURORA, CO · 2019
MINORITY, VETERAN AND WOMEN-OWNED BUSINESS CONSULTING AND PROGRAMMING
$25,590
LIMON, CO · 2019
CERTIFIED SMALL BUSINESS COMMUNITY CONSULTING AND PROGRAMMING
$24,895
RIO BLANCO COUNTY
MEEKER, CO · 2019
CERTIFIED SMALL BUSINESS COMMUNITY CONSULTING AND PROGRAMMING
$9,266

Showing up to 5 of 25 total records — full history available with membership.

Officers & Directors

President Aikta Marcoulier
Director Mary Shepard
Treasurer Rosy Aburto Mcdonough
Executive Dir. Sara Knudsen
Director Sharon King
Secretary Tia Kavas

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$408,355 24 grants
General Support
$27,440 1 grant

Financial Trends

Year Revenue Expenses Assets
2022 $53K $147K $172K
2020 $40K $139K $209K
2019 $309K $381K $299K
2018 $471K $371K $423K
2017 $409K $189K $323K

Between 2017 and 2022, reported annual revenue declined from $409K to $53K (-87%), with total assets most recently reported at $172K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CO.

CO

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for Colorado Business Development Foundation

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