Financial Planning Association, Financial Planning Association Of Southern Colorado in Colorado Springs, Colorado (CO)

Financial Planning Association, Financial Planning Association Of Southern Colorado
Employer Identification Number (EIN)	841521488
Name of Organization	Financial Planning Association
Secondary Name	Financial Planning Association Of Southern Colorado
In Care of Name	Bill Sigrist
Address	1755 Telstar Drive Suite 501, Colorado Springs, CO 80920
Subsection	Business League
Ruling Date	09/2000
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	2008
Assets	$5,000,000 to $9,999,999
Income	$5,000,000 to $9,999,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$8,577,642
Amount of Income	$9,329,458
Form 990 Revenue Amount	$9,329,458
National Taxonomy of Exempt Entities (NTEE)	Community Improvement, Capacity Building: Promotion of Business

Non-representatives - add comments:

Amount of income in 2008: $9,329,458

Financial Planning Association, Financial Planning Association Of Southern Colorado:	$9,329,458
Other organizations performing similar types of work:	$88,861

Assets in 2008: $8,577,642

This organization:	$8,577,642
Other organizations performing similar types of work:	$51,691

Expenses in 2013: $10,619,899

This organization:	$10,619,899
Other organizations performing similar types of work:	$80,127

Income to expenses ratio in 2013: 0.9

Financial Planning Association, Financial Planning Association Of Southern Colorado:	0.9
Other organizations performing similar types of work:	0.8

Employees paid over $100,000 in 2013: 18.3%

Financial Planning Association, Financial Planning Association Of Southern Colorado:	18.3%
Other organizations performing similar types of work:	0.0%

Grants share in income in 2013: 0.0%

This organization:	0.0%
Other organizations performing similar types of work:	1.0%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

	2012	2013
Checklist
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?	No	No
Is the organization required to complete Schedule B, Schedule of Contributors?	No	No
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?	No	No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?	No	No
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?	Yes	Yes
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?	No	No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?	No	No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?	No	No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?	No	No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?	No	No
Did the organization report an amount for land, buildings, and equipment?	Yes	Yes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?	No	No
Did the organization report an amount for investments-program related that is 5% or more of its total assets?	No	No
Did the organization report an amount for other assets that is 5% or more of its total assets?	No	No
Did the organization report an amount for other liabilities?	Yes	Yes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?	Yes	Yes
Did the organization obtain separate, independent audited financial statements for the tax year?	No	No
Was the organization included in consolidated, independent audited financial statements for the tax year?	Yes	Yes
Is the organization a school described in section 170(b)(1)(A)(ii)?	No	No
Did the organization maintain an office, employees, or agents outside of the United States?	No	No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?	No	No
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?	No	No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?	No	No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?	No	No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?	No	No
Did the organization report more than $15,000 of gross income from gaming activities?	No	No
Did the organization operate one or more hospital facilities?	No	No
Did the organization attach a copy of its audited financial statements?	No	No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?	Yes	Yes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?	No	No
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?	Yes	Yes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?	No	No
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?	No	No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?	No	No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?	No	No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?	No	No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?	No	No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?	No	No
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?	No	No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?	No	No
A family member of a current or former officer, director, trustee, or key employee?	No	No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?	No	No
Did the organization receive more than $25,000 in non-cash contributions?	No	No
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?	No	No
Did the organization liquidate, terminate, or dissolve and cease operations?	No	No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?	No	No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?	No	No
Was the organization related to any tax-exempt or taxable entity?	Yes	Yes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?	Yes	Yes
Did the organization make any transfers to an exempt non-charitable related organization?	No	No
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?	No	No

	2011	2012	2013
Statements Regarding Other IRS Filings and Tax Compliance
The number reported in Box 3 of Form 1096		27	36
The number of Forms W-2G		0	0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?		Yes	Yes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return		78	82
Did the organization file all required federal employment tax returns?		Yes	Yes
Did the organization have unrelated business gross income of $1,000 or more during the year?	Yes	Yes	Yes
Has it filed a Form 990-T for this year?		Yes	Yes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?		No	No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?		No	No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?		No	No
Did the organization file Form 8886-T?		No	No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?		No	No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?		No	No
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?		No	No
Did the organization notify the donor of the value of the goods or services provided?		No	No
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?		No	No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?		No	No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?		No	No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?		No	No
Did the sponsoring organization make any taxable distributions under section 4966?		No	No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?		No	No
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Gross income from members or shareholders	$0	$0	$0
Gross income from other sources	$0	$0	$0
Is the organization filing Form 990 in lieu of Form 1041?		No	No
The amount of tax-exempt interest received or accrued during the year		$0	$0
Is the organization licensed to issue qualified health plans in more than one state?		No	No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans		$0	$0
The amount of reserves on hand		$0	$0
Did the organization receive any payments for indoor tanning services during the tax year?		No	No
Has it filed a Form 720 to report these payments?		No	No

	2012	2013
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization	$1,190,098	$1,261,637
Total reportable compensation from related organizations	$50,436	$0
Total estimated amount of other compensation from the organization and related organizations	$154,835	$114,642
Total number of individuals who received more than $100,000 of reportable compensation from the organization	7	9
Total number of independent contractors who received more than $100,000 of compensation from the organization	2	6

	2011	2012	2013
Statement of Revenue
Total revenue	$12,493,021	$10,634,742	$10,277,443
Contributions, Gifts, Grants and Other Similar Amounts	$0	$0	$0
Program Service Revenue	$29,260	$10,555,178	$9,625,869
900099		$6,283,775	$6,017,200
900099		$3,139,662	$2,610,010
900004		$598,673	$650,484
900099		$287,874	$153,259
900004		$146,573	$138,547
All other program service revenue		$98,621	$56,369
Other Revenue
Investment income (including dividends, interest, and other similar amounts)	$12,147,787	$99,158	$90,907
Income from investment of tax-exempt bond proceeds	$0	$0	$0
Royalties	$80,963	$0	$0
Net rental income	$0	$0	$0
Net gain/loss from sales of assets other than inventory	$62,197	$-19,594	$560,667
Gross amount from sales of assets other than inventory (Securities / Other)	$62,197 / $0	$19,594 / $0	$3,190,061 / $0
Less: cost or other basis and sales expenses (Securities / Other)	$0 / $0	$39,188 / $0	$2,629,394 / $0
Gain or (loss) (Securities / Other)	$62,197 / $0	$-19,594 / $0	$560,667 / $0
Net income/loss from fundraising events	$0	$0	$0
Net income/loss from gaming activities	$0	$0	$0
Net income/loss from sales of inventory	$148,811	$0	$0
Miscellaneous Revenue	$24,003	$0	$0

	2011	2012	2013
Statement of Functional Expenses
Total functional expenses	$12,738,761	$10,879,783	$10,619,899
Grants and other assistance to domestic organizations and domestic governments		$97,059	$95,140
Grants and other assistance to domestic individuals		$0	$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals		$0	$0
Benefits paid to or for members		$0	$0
Compensation of current officers, directors, trustees, and key employees	$581,678	$843,342	$824,747
Compensation not included above, to disqualified persons		$0	$0
Other salaries and wages	$3,283,358	$3,895,233	$3,553,754
Pension plan accruals and contributions		$64,734	$109,414
Other employee benefits		$429,802	$272,688
Payroll taxes	$278,708	$324,741	$296,449
Fees for services (non-employees)
Management		$0	$0
Legal		$30,804	$29,405
Accounting		$38,700	$24,550
Lobbying		$133,278	$126,975
Professional fundraising services	$0	$0	$0
Investment management fees		$0	$0
Other		$620,143	$1,267,476
Advertising and promotion		$608,205	$542,259
Office expenses		$760,905	$661,322
Information technology		$339,152	$239,856
Royalties		$0	$0
Occupancy		$383,065	$375,728
Travel		$559,515	$413,188
Payments of travel or entertainment expenses for any federal, state, or local public officials		$0	$0
Conferences, conventions, and meetings		$1,460,798	$1,361,855
Interest		$0	$0
Payments to affiliates		$0	$0
Depreciation, depletion, and amortization		$245,335	$134,571
Insurance		$33,546	$33,518
Other expenses		$1,007,866	$576,358
Other expenses		$278,234	$421,120
Other expenses		$66,009	$46,132
Other expenses		$2,804	$-629
Other expenses		$-1,343,487	$-785,977

	2011	2012	2013
Balance Sheet
Total assets	$8,439,440	$7,322,546	$7,292,417
Cash - non-interest-bearing		$0	$732,094
Savings and temporary cash investments		$3,685,214	$2,623,923
Pledges and grants receivable, net		$0	$0
Accounts receivable, net		$83,324	$194,950
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees		$0	$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations		$0	$0
Notes and loans receivable, net		$0	$0
Inventories for sale or use		$0	$0
Prepaid expenses and deferred charges		$441,257	$263,473
Land, buildings, and equipment: cost or other basis		$270,123	$298,135
Investments - publicly traded securities		$2,842,628	$3,179,842
Investments - other securities		$0	$0
Investments - program-related		$0	$0
Intangible assets		$0	$0
Other assets		$0	$0
Total liabilities	$6,488,963	$5,882,713	$6,405,884
Accounts payable and accrued expenses		$1,302,043	$1,917,390
Grants payable		$0	$0
Deferred revenue		$4,479,942	$4,374,724
Tax-exempt bond liabilities	$0	$0	$0
Escrow or custodial account liability		$0	$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons		$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0	$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)		$100,728	$113,770
Total net assets or fund balances	$1,950,477	$1,439,833	$886,533
Unrestricted net assets		$1,439,833	$886,533
Temporarily restricted net assets		$0	$0
Permanently restricted net assets		$0	$0
Capital stock or trust principal, or current funds		$0	$0
Paid-in or capital surplus, or land, building, or equipment fund		$0	$0
Retained earnings, endowment, accumulated income, or other funds	$0	$0	$0

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	Not provided
Number of organizations supported	0
Sum of amounts of support	$0

	2000	2001	2003	2004	2005	2006	2007
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$11,835,990	$12,069,593	$12,098,775	$11,532,741	$12,840,510	$13,485,536	$14,181,976
Contributions, gifts, grants, and similar amounts received	$0	$0	$0	$0	$0	$0	$0
Contributions to donor advised funds						$0	$0
Direct public support	$0	$0	$0	$0	$0	$0	$0
Indirect public support	$0	$0	$0	$0	$0	$0	$0
Government contributions (grants)	$0	$0	$0	$0	$0	$0	$0
Program service revenue including government fees and contracts	$4,743,044	$1,276,544	$3,266,948	$3,599,363	$4,541,611	$4,626,771	$5,161,676
Membership dues and assessments	$6,074,502	$7,374,257	$7,779,710	$7,356,762	$7,561,127	$8,171,401	$8,304,353
Interest on savings and temporary cash investments	$66,869	$48,991	$3,620	$8,602	$33,254	$78,954	$55,475
Dividends and interest from securities	$560,522	$262,297	$106,233	$117,178	$189,715	$232,861	$289,169
Net rental income or (loss)	$0	$0	$0	$0	$0	$0	$0
Gross rents	$0	$0	$0	$0	$0	$0	$0
Less: rental expenses	$0	$0	$0	$0	$0	$0	$0
Other investment income	$0	$0	$0	$0	$0	$0	$0
Gain or (loss) from sales of assets other than inventory	$-5,165	$-3,505	$362,389	$11,325	$24,741	$12,044	$-329
Gross amount from sales of assets other than inventory	$194,835	$1,101,246	$1,496,063	$11,325	$24,741	$12,044	$57,951
Less: cost or other basis and sales expenses	$200,000	$1,104,751	$1,133,674	$0	$0	$0	$58,280
Net income or (loss) from special events and activities	$0	$0	$0	$0	$0	$0	$0
Gross revenue	$0	$0	$0	$0	$0	$0	$0
Less: direct expenses other than fundraising expenses	$0	$0	$0	$0	$0	$0	$0
Gross profit or (loss) from sales of inventory	$211,152	$124,663	$259,860	$294,675	$386,034	$249,993	$266,715
Gross sales of inventory, less returns and allowances	$346,510	$227,995	$300,431	$451,700	$603,205	$429,555	$375,460
Less: cost of goods sold	$135,358	$103,332	$40,571	$157,025	$217,171	$179,562	$108,745
Other revenue	$185,066	$2,986,346	$320,015	$144,836	$104,028	$113,512	$104,917
Total expenses	$11,749,196	$11,505,212	$12,691,366	$12,498,214	$12,291,657	$13,368,836	$14,761,378
Program services	$0	$0	$0	$0	$0	$0	$0
Management and general	$0	$0	$0	$0	$0	$0	$0
Fundraising	$0	$0	$0	$0	$0	$0	$0
Payments to affiliates	$0	$0	$0	$0	$0	$0	$0
Net assets or fund balances at end of year	$3,340,085	$3,561,716	$3,272,219	$2,016,036	$2,892,384	$3,484,968	$2,536,564
Excess or (deficit) for the year	$86,794	$564,381	$-592,591	$-965,473	$548,853	$116,700	$-579,402
Net assets or fund balances at beginning of year	$0	$3,340,085	$3,184,192	$3,272,219	$2,016,036	$2,892,384	$3,484,968
Other changes in net assets or fund balances	$3,253,291	$-342,750	$680,618	$-290,710	$327,495	$475,884	$-369,002

	Total	Program services	Management and general	Fundraising
Statement of Functional Expenses (for 2007)
Total functional expenses	$14,761,378	$0	$0	$0
Grants paid from donor advised funds		$0
Other grants and allocations		$0
Specific assistance to individuals		$0
Benefits paid to or for members		$0
Compensation of current officers, directors, key employees, etc.	$958,770	$0	$0	$0
Compensation of former officers, directors, key employees, etc.	$0	$0	$0	$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)	$0	$0	$0	$0
Salaries and wages of employees not included above	$4,830,739	$0	$0	$0
Pension plan contributions not included above	$507,321	$0	$0	$0
Employee benefits not included above	$534,065	$0	$0	$0
Payroll taxes	$450,164	$0	$0	$0
Professional fundraising fees	$0	$0	$0	$0
Accounting fees	$33,285	$0	$0	$0
Legal fees	$78,539	$0	$0	$0
Supplies	$198,063	$0	$0	$0
Telephone	$153,221	$0	$0	$0
Postage and shipping	$281,997	$0	$0	$0
Occupancy	$404,894	$0	$0	$0
Equipment rental and maintenance	$295,447	$0	$0	$0
Printing and publications	$1,114,355	$0	$0	$0
Travel	$780,288	$0	$0	$0
Conferences, conventions, and meetings	$2,148,779	$0	$0	$0
Interest	$0	$0	$0	$0
Depreciation, depletion, etc.	$276,404	$0	$0	$0
Other expenses not covered above	$1,715,047	$0	$0	$0

	2000	2001	2003	2004	2005	2006	2007
Balance Sheets
Total assets	$8,188,762	$8,874,703	$8,780,649	$8,631,695	$9,795,525	$10,787,963	$10,908,559
Cash - non-interest-bearing	$766,831	$1,205,571	$0	$0	$0	$0	$0
Savings and temporary cash investments	$0	$0	$934,279	$595,110	$2,281,508	$2,110,476	$1,610,620
Accounts receivable less allowance for doubtful accounts	$245,664	$1,674,352	$166,084	$120,055	$180,231	$415,941	$308,309
Pledges receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0	$0
Grants receivable	$0	$0	$0	$0	$0	$0	$0
Receivables from current and former officers, directors, trustees, and key employees	$709,485	$1,197,148	$922,047	$1,345,694	$1,280,673	$0	$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)						$0	$0
Other notes and loans receivable less allowance for doubtful accounts	$200,000	$200,000	$0	$0	$0	$0	$0
Inventories for sale or use	$40,500	$0	$0	$0	$0	$0	$0
Prepaid expenses and deferred charges	$282,824	$241,279	$306,821	$428,769	$421,817	$499,042	$776,722
Investments - publicly-traded securities						$5,638,092	$5,557,954
Investments - other securities	$5,602,852	$4,025,534	$5,650,329	$5,350,402	$4,917,327	$0	$0
Investments - land, buildings, and equipment less accumulated depreciation	$0	$0	$0	$0	$0	$0	$0
Investments - other	$8,024	$8,024	$8,024	$8,024	$8,024	$8,024	$8,024
Land, buildings, and equipment less accumulated depreciation	$314,423	$305,624	$764,946	$740,902	$658,485	$575,080	$461,727
Other assets, including program-related investments	$18,159	$17,171	$28,119	$42,739	$47,460	$1,541,308	$2,185,203
Total liabilities	$4,848,677	$5,312,987	$5,508,430	$6,615,659	$6,903,141	$7,302,995	$8,371,995
Accounts payable and accrued expenses	$1,027,547	$648,263	$906,019	$1,290,801	$1,450,084	$1,515,257	$1,619,901
Grants payable	$0	$0	$149,834	$0	$0	$0	$0
Deferred revenue	$3,821,130	$4,430,768	$4,341,877	$5,324,858	$5,453,057	$5,787,738	$6,752,094
Loans from officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0
Tax-exempt bond liabilities	$0	$0	$0	$0	$0	$0	$0
Mortgages and other notes payable	$0	$0	$0	$0	$0	$0	$0
Other liabilities	$0	$233,956	$110,700	$0	$0	$0	$0
Total liabilities and net assets/fund balances	$8,188,762	$8,874,703	$8,780,649	$8,631,695	$9,795,525	$10,787,963	$10,908,559
Total net assets or fund balances	$3,340,085	$3,561,716	$3,272,219	$2,016,036	$2,892,384	$3,484,968	$2,536,564

	2000	2001	2003	2004	2005	2006	2007
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
Total revenue	$11,835,990	$12,069,593	$12,098,775	$11,532,741	$12,840,510	$13,485,536	$14,181,976
Total revenue, gains, and other support per audited financial statements	$11,398,987	$11,830,175	$12,820,567	$11,924,506	$13,385,176	$14,140,982	$13,921,719
Other expenses	$-437,003	$-239,418	$721,792	$391,765	$544,666	$655,446	$-369,002
Net unrealized gains on investments	$-572,361	$-342,750	$680,618	$234,740	$327,495	$475,884	$-369,002
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0
Recoveries of prior year grants	$0	$0	$0	$0	$0	$0	$0
Other	$135,358	$103,332	$41,174	$157,025	$217,171	$179,562	$0
Other revenue	$0	$0	$0	$0	$0	$0	$-108,745
Investment expenses	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$-108,745

	2000	2001	2003	2004	2005	2006	2007
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses	$11,749,196	$11,505,212	$12,691,366	$12,498,214	$12,291,657	$13,368,836	$14,761,378
Total expenses and losses per audited financial statements	$11,884,554	$11,608,544	$12,732,540	$12,655,239	$12,508,828	$13,548,398	$14,870,123
Other revenue	$135,358	$103,332	$41,174	$157,025	$217,171	$179,562	$108,745
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0
Prior year adjustments	$0	$0	$0	$0	$0	$0	$0
Losses	$0	$0	$0	$0	$0	$0	$0
Other	$135,358	$103,332	$41,174	$157,025	$217,171	$179,562	$108,745
Other expenses	$0	$0	$0	$0	$0	$0	$0
Investment expenses	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0

Average hours per week devoted to position	Compensation	Contributions to employee benefit plans & deferred compensation plans	Expense account and other allowances
Current Officers, Directors, Trustees, and Key Employees
40	$325,708	$43,751	$0
40	$188,888	$28,831	$0
40	$170,954	$25,237	$0
40	$146,006	$29,395	$0

Total number of officers, directors, and trustees permitted to vote on organization business at board meetings	15
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?	No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?	Yes
Does the organization have a written conflict of interest policy?	Yes

Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?	Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?	No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?	Yes
Direct and indirect political expenditures	$0
Did the organization file Form 1120-POL for this year?	No
Were substantially all dues nondeductible by members?	No
Did the organization make only in-house lobbying expenditures of $2,000 or less?	No
Dues, assessments, and similar amounts from members	$8,304,353
Section 162(e) lobbying and political expenditures	$548,224
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices	$414,646
Taxable amount of lobbying and political expenditures	$133,578
Does the organization elect to pay the section 6033(e) tax on the amount above?	No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?	Yes
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?	Yes
Amount of tax imposed on the organization during the year under: section 4911	$0
Amount of tax imposed on the organization during the year under: section 4912	$0
Amount of tax imposed on the organization during the year under: section 4955	$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958	$0
Amount of tax above, reimbursed by the organization	$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?	No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?	No
Number of employees employed in the pay period that includes March 12, 2006	82

	Unrelated business income		Excluded by section 512, 513, or 514		Related or exempt function income
Analysis of Income-Producing Activities (for 2007)
	Business code	Amount	Exclusion code	Amount	Related or exempt function income
Total		$101,980		$433,077	$13,646,919
Program service revenue
Program service revenue 1	000000	$0	00	$0	$66,519
Program service revenue 2	000000	$0	00	$0	$2,135,370
Program service revenue 3	000000	$0	00	$0	$1,759,561
Program service revenue 4	Exploited exempt activities	$101,980	00	$0	$1,098,246
Program service revenue 5	000000	$0	00	$0	$0
Medicare/Medicaid payments	000000	$0	00	$0	$0
Fees and contracts from government agencies	000000	$0	00	$0	$0
Membership dues and assessments	000000	$0	00	$0	$8,304,353
Interest on savings and temporary cash investments	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$55,475	$0
Dividends and interest from securities	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$289,169	$0
Net rental income or (loss) from real estate
debt-financed property	000000	$0	00	$0	$0
not debt-financed property	000000	$0	00	$0	$0
Net rental income or (loss) from personal property	000000	$0	00	$0	$0
Other investment income	000000	$0	00	$0	$0
Gain or (loss) from sales of assets other than inventory	000000	$0	Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))	$-329	$0
Net income or (loss) from special events	000000	$0	00	$0	$0
Gross profit or (loss) from sales of inventory	000000	$0	00	$0	$266,715
Other revenue	000000	$0	Royalty income excluded by section 512(b)(2)	$88,762	$16,155

EIN of corporation, partnership, or disregarded entity	Percentage of ownership interest	Total income	End-of-year assets
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
999999999	100%	$3,059,348	$2,038,943
	0%	$0	$0
	0%	$0	$0
	0%	$0	$0

Compensation	Contributions to employee benefit plans & deferred compensation	Expense account and other allowances
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
$0	$0	$0
$0	$0	$0
$0	$0	$0
$0	$0	$0
$0	$0	$0

Total number of other employees paid over $50,000	0

Total number of other employees paid over $50,000

Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities	$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year	$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year	$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts	$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year	$0

Reason for Non-Private Foundation Status
The organization is not a private foundation because it is

	1999	2000	2002	2003	2004	2005	2006
Support Schedule
Total	$0	$0	$0	$0	$0	$0	$0
Gifts, grants, and contributions received	$0	$0	$0	$0	$0	$0	$0
Membership fees received	$0	$0	$0	$0	$0	$0	$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose	$0	$0	$0	$0	$0	$0	$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975	$0	$0	$0	$0	$0	$0	$0
Net income from unrelated business activities not included above	$0	$0	$0	$0	$0	$0	$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf	$0	$0	$0	$0	$0	$0	$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge	$0	$0	$0	$0	$0	$0	$0
Other income	$0	$0	$0	$0	$0	$0	$0

Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures	$0
Total lobbying expenditures	$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)	$0
Total lobbying expenditures to influence a legislative body (direct lobbying)	$0
Other exempt purpose expenditures	$0
Lobbying nontaxable amount	$0
Grassroots nontaxable amount	$0

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend Financial Planning Association, Financial Planning Association Of Southern Colorado to others? (optional)

Yes

Add photo of Financial Planning Association, Financial Planning Association Of Southern Colorado (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (3.144.187.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Pikes Peak Over The Hill Gang in Colorado Springs, CO
Adventures In Learning K12 Inc in Colorado Springs, CO
Wills Hope in Colorado Springs, CO
Hope Life Inc in Colorado Springs, CO
Colorado Springs Art Guild in Colorado Springs, CO
Fc Brighton in Brighton, CO
Destination Summit Ministries International Inc in Highlands Ranch, CO
Colorado Citizens For Culture in Denver, CO
Franklin Db Jackson National Association For Black Veterans in Denver, CO
International Vacuum Tube Museum in Evergreen, CO

Recently Added Reviews

Pikes Peak Over The Hill Gang in Colorado Springs, CO

Adventures In Learning K12 Inc in Colorado Springs, CO

Wills Hope in Colorado Springs, CO

Hope Life Inc in Colorado Springs, CO

Colorado Springs Art Guild in Colorado Springs, CO

Fc Brighton in Brighton, CO

Destination Summit Ministries International Inc in Highlands Ranch, CO

Colorado Citizens For Culture in Denver, CO

Franklin Db Jackson National Association For Black Veterans in Denver, CO

International Vacuum Tube Museum in Evergreen, CO

Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Retail Merchant Assn Of Tidewater Va Inc, Ta Retail Alliance	838 Granby St, Norfolk, VA 23510-2051	VA	2008-09	$17,149,516
2	San Joaquin Valley Winegrowers Association	7030 N Fruit Avenue, Fresno, CA 93711-0782	CA	2008-11	$175,202
3	441 Heritage Corridor Inc	300 North Thomas Street, Athens, GA 30601	GA	2000-07	$56,377
4	Mgma-Acmpe	104 Inverness Ter E, Englewood, CO 80112-5313	CO	2012-03	$24,762,142
5	Telluride Montrose Regional Air Organization	PO BOX 81435, Telluride, CO 81435	CO	2003-08	$2,632,265
6	Adaptive Spirit	2329 West Main Street, Littleton, CO 80120-8210	CO	2012-09	$1,307,968
7	Theory Of Constraints International Professional Certification Assoc	1620 S Shoshone St, Denver, CO 80223-3517	CO	2003-04	$730,562
8	Serving The American Rinks	1775 Bob Johnson Dr, Colorado Spgs, CO 80906-4026	CO	2003-02	$602,141
9	Summit County Board Of Realtors	PO BOX 2397, Dillon, CO 80435-2397	CO	2009-03	$574,391
10	Visit Aurora Inc	15151 E Alameda Pkwy Ste 5200, Aurora, CO 80012-1555	CO	2010-03	$558,968
11	Colorado Cleantech Industry Association Inc	14062 Denver W Pkwy Bldg 52 Ste 300, Golden, CO 80401-3188	CO	2009-09	$540,520
12	Allied Finance Adjusters Conference	PO BOX 29744, Denver, CO 80229-0744	CO	2010-04	$402,107
13	Semi Conductor Test Consortium Inc	PO BOX 1016, Niwot, CO 80544-1016	CO	2005-02	$380,625
14	West Slope Colorado Oil & Gas Association	PO BOX 89, Grand Jct, CO 81502-0089	CO	2014-07	$362,575
15	Rare Earth Industry And Technology Association	8400 E Prentice Ave Ph 1500, Greenwood Vlg, CO 80111-2927	CO	2011-03	$302,079
16	Colorado Human Services Directors Association	7190 Colorado Blvd, Commerce City, CO 80022-1812	CO	2013-01	$278,500
17	Clear Creek County Tourism Bureau Inc	PO BOX 100, Idaho Springs, CO 80452-0100	CO	2009-03	$270,191
18	Denver Patroleum Club L L C, Denver Petroleum Club	Po Box 6335, Denver, CO 80206	CO	2011-02	$251,546
19	Front Range Industry Liaison Group	2000 16th Street, Denver, CO 80202-5158	CO	2013-11	$231,150
20	Hands-On Science Partnership Inc	2546 15th St, Denver, CO 80211-3902	CO	2011-08	$225,005

Number of organizations performing similar types of work

Alaska	94
Alabama	235
Arkansas	185
Arizona	346
California	1,926
Colorado	437
Connecticut	191
District of Columbia	411
Delaware	63
Florida	987
Georgia	500
Hawaii	127
Iowa	226
Idaho	137
Illinois	781
Indiana	331
Kansas	211
Kentucky	222
Louisiana	232
Massachusetts	358
Maryland	360
Maine	108
Michigan	504
Minnesota	341
Missouri	377
Mississippi	119

Montana	114
North Carolina	452
North Dakota	65
Nebraska	146
New Hampshire	92
New Jersey	401
New Mexico	156
Nevada	171
New York	967
Ohio	640
Oklahoma	208
Oregon	366
Pennsylvania	679
Rhode Island	73
South Carolina	192
South Dakota	91
Tennessee	282
Texas	1,208
Utah	166
Virginia	613
Vermont	69
Washington	451
Wisconsin	359
West Virginia	109
Wyoming	44
International	34

Total

17,957

Affiliation	Name	Address	State	Established	Total Income
20 biggest affiliated organizations
Central	Financial Planning Association, Financial Planning Association Of Southern Colorado	1755 Telstar Drive Suite 501, Colorado Springs, CO 80920	CO	2000-09	$9,329,458
Subordinate	Financial Planning Association, Fpa Of Minnesota	3900 Main St Ne, Columbia Hts, MN 55421-3757	MN	2000-09	$546,175
Subordinate	Financial Planning Association, Fpa Of The National Capital Area	12816 Tewksbury Dr, Herndon, VA 20171-2427	VA	2000-09	$331,273
Subordinate	Financial Planning Association, Fpa Of Dallas-Fort Worth	PO BOX 261750, Plano, TX 75026-1750	TX	2000-09	$233,886
Subordinate	Financial Planning Association, Fpa Of New Jersey	551 Valley Road Ste 358, Upper Montclair, NJ 07043-1832	NJ	2000-09	$217,474
Subordinate	Financial Planning Association, Fpa Of Illinois	5250 Grand Ave, Gurnee, IL 60031-1877	IL	2000-09	$205,375
Subordinate	Financial Planning Association, Fpa Of New York	551 Valley Rd Ste 358, Upper Montclair, NJ 07043-1832	NJ	2000-09	$183,626
Subordinate	Financial Planning Association, Fpa Of Colorado	PO BOX 21086, Denver, CO 80221-0086	CO	2000-09	$168,169
Subordinate	Financial Planning Association, Fpa Of The Philadelphia Tri-State A	PO BOX 38, Fairless Hls, PA 19030-0038	PA	2000-09	$163,651
Subordinate	Financial Planning Association, Fpa Of Houston	15114 Mountain Creek Trl, Frisco, TX 75035-7408	TX	2000-09	$159,741
Subordinate	Financial Planning Association, Fpa Of Orange County	2549 Eastbluff Dr Ste B, Newport Beach, CA 92660-3599	CA	2000-09	$155,886
Subordinate	Financial Planning Association, Fpa Of Oregon & Sw Washington	PO BOX 2126, Salem, OR 97308-2126	OR	2000-09	$155,065
Subordinate	Financial Planning Association, Fpa Of Long Island	1895 Lincoln Ave, East Meadow, NY 11554-2522	NY	2000-09	$145,671
Subordinate	Financial Planning Association, Fpa Of Miami	1821 Hillandale Rd, Durham, NC 27705-2659	NC	2000-09	$143,439
Subordinate	Financial Planning Association, Fpa Of Michigan	20100 Outer Dr, Dearborn, MI 48124-2647	MI	1978-03	$141,082
Subordinate	Finacial Planning Association, Fpa Of Greater Kansas City	825 S Kansas Avenue, Topeka, KS 66612-1233	KS	2000-09	$136,941
Subordinate	Financial Planning Association, Fpa Of San Fransisco	9630 Bruceville Rd 106-149, Elk Grove, CA 95757-5512	CA	1978-03	$136,775
Subordinate	Financial Planning Association, Fpa Of Massachusetts	PO BOX 76, Westborough, MA 01581-0076	MA	2000-09	$136,171
Subordinate	Financial Planning Association, Fpa Of Georgia	3227 S Cherokee Ln Ste 1320, Woodstock, GA 30188-7013	GA	2000-09	$124,233
Subordinate	Financial Planning Association, Fpa Of San Diego	8889 Rio San Diego Dr Ste 202, San Diego, CA 92108-1673	CA	1978-03	$118,780

Number of affiliated organizations

Alabama	1
Arkansas	1
Arizona	2
California	14
Colorado	3
Connecticut	4
Florida	9
Georgia	1
Hawaii	2
Iowa	3
Illinois	1
Indiana	2
Kansas	2
Kentucky	1
Louisiana	3
Massachusetts	1
Maryland	1
Michigan	1
Minnesota	1
Missouri	1

Mississippi	1
North Carolina	4
Nebraska	1
New Hampshire	1
New Jersey	2
New Mexico	1
Nevada	2
New York	8
Ohio	5
Oklahoma	2
Oregon	2
Pennsylvania	3
Rhode Island	1
South Carolina	1
Tennessee	3
Texas	4
Utah	1
Virginia	3
Washington	2
Wisconsin	2