Nonprofit · EIN 93-2317246
DENVER BASIC INCOME PROJECT
Tax-exempt · DENVER, CO 80202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,374,317 | $4,852,932 | -$1,478,615 | $834,708 | $254,230 | $580,478 |
| December 31, 2023 | 990 (amended) | $2,000,000 | $10 | $1,999,990 | $2,163,579 | $104,485 | $2,059,094 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,352,515
- of which government grants
- $2,000,000
- Program service revenue
- $16,750
- Investment income
- $5,052
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $167,976
- Salaries, compensation and benefits (total)
- $291,800
- Professional fundraising fees
- $0
- Legal fees
- $1,672
- Accounting fees
- $68,009
- Occupancy
- $231,052
- Travel
- $16,029
- Program services (functional)
- $4,598,479
- Management and general (functional)
- $199,967
- Fundraising (functional)
- $54,486
Balance sheet and other
- Total assets, start of year
- $2,163,579
- Total assets, end of year
- $834,708
- Total liabilities, end of year
- $254,230
- Net assets, end of year
- $580,478
- Net assets without donor restrictions
- $580,478
- Gross receipts
- $3,374,317
- Employees
- 2
- Volunteers
- 10
- Year formed
- 2023
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDRE CUNNINGHAM | BOARD VICE CHAIR Trustee or director | 2 | $0 |
| DAWN HOWARD | BOARD MEMBER Trustee or director | 2 | $0 |
| JANET ROSE | BOARD MEMBER Trustee or director | 2 | $0 |
| JESSICA BACHUS | BOARD MEMBER Trustee or director | 2 | $0 |
| LUCILLE ECHOHAWK | BOARD MEMBER Trustee or director | 2 | $0 |
| SUZANA DENG | BOARD MEMBER Trustee or director | 2 | $0 |
| VIRIGINA ORTIZ | BOARD CHAIR Trustee or director | 2 | $0 |
| NICK PACHECO | BOARD MEMBER Trustee or director | 2 | $0 |
| MARK NEWHOUSE | BOARD MEMBER Trustee or director | 2 | $0 |
| MARK DONOVAN | EXECUTIVE DIRECTOR Trustee or director, Officer, Highest-paid employee | 40 | $0 |
| CHRISTINE ALONZO | TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUZANA DENG | BOARD MEMBER Trustee or director | 2 | $0 |
| LUCILLE ECHOHAWK | BOARD MEMBER Trustee or director | 2 | $0 |
| VIRIGINA ORTIZ | BOARD CHAIR Trustee or director | 2 | $0 |
| MARK NEWHOUSE | BOARD MEMBER Trustee or director | 2 | $0 |
| NICK PACHECO | BOARD MEMBER Trustee or director | 2 | $0 |
| JESSICA BACHUS | BOARD MEMBER Trustee or director | 2 | $0 |
| ANDRE CUNNINGHAM | BOARD VICE CHAIR Trustee or director | 2 | $0 |
| DAWN HOWARD | BOARD MEMBER Trustee or director | 2 | $0 |
| JANET ROSE | BOARD MEMBER Trustee or director | 2 | $0 |
| MARK DONOVAN | EXECUTIVE DIRECTOR Trustee or director, Officer, Highest-paid employee | 40 | $0 |
| CHRISTINE ALONZO | TREASURER Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1536 WYNKOOP ST STE 223, DENVER, CO 80202-1569
- In care of
- % MARK DONOVAN
- Mailing address (990-N for 2023)
- 1536 WYNKOOP ST STE 223, Denver CO 80202
- Principal officer (990 for 2024)
- MARK DONOVAN, 1536 WYNKOOP ST STE 223, Denver, CO 80202
- Principal officer (990-N for 2023)
- MARK DONOVAN, 1536 WYNKOOP ST STE 223, Denver CO 80202
- Signed the 990
- MARK DONOVAN, EXECUTIVE DIRECTOR
- Phone
- (720) 235-8401
- Return prepared by
- The Minerva Group
Mission
See Schedule O
Program accomplishments
- The project was under the fiscal sponsorship of Impact Charitable in 2023. Denver Basic Income Project registered the independent 501(c)(3) in 2023 but did not start operating the project until 2024.Expenses $4,598,479 · revenue $16,750
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 93-2317246
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $834,708
- Income (IRS master file)
- $3,374,317
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,374,317 | $4,852,932 | $834,708 | XML |
| 990-N for 2023 Officer: MARK DONOVAN | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2023 | $2,000,000 | $10 | $2,163,579 | 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 93-2317246).
Questions about DENVER BASIC INCOME PROJECT
- What is the EIN of DENVER BASIC INCOME PROJECT?
- The employer identification number (EIN) of DENVER BASIC INCOME PROJECT is 93-2317246.
- Is DENVER BASIC INCOME PROJECT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to DENVER BASIC INCOME PROJECT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DENVER BASIC INCOME PROJECT 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 DENVER BASIC INCOME PROJECT 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 DENVER BASIC INCOME PROJECT 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 DENVER BASIC INCOME PROJECT?
- The 990 for the year ended December 31, 2024 names MARK DONOVAN.
- Who are the officers and directors of DENVER BASIC INCOME PROJECT?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does DENVER BASIC INCOME PROJECT have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,374,317, expenses of $4,852,932 and total assets of $834,708 at year end.
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