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Community Foundation of the San Luis Valley

EIN 74-2471342 · Alamosa, CO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair62 out of 100GovernanceGood77 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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Income
$1.7 million
Spending
$1.7 million
Spent on programs
89%
Reserves
2.8 months of spending
Largest source of income
fees for its services, 84%
Employees
1
Volunteers
6
Highest pay
$79,583, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 62 out of 100. Higher than 20% of charities in its peer group (philanthropy, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.8 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 0% of income.

  • Spending floor

    15 of 15

    89% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 77 out of 100. Higher than 29% of charities in its peer group (philanthropy, $1m to $10m).

  • Independent board

    25 of 25

    5 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $1.4 million spent. The CFSLV was chosen as one of 8 Regional Access Partners in the State of Colorado to distribute a total of $31 Million of Federal dollars from the State and Local Fiscal Recovery Funds. The CFSLV received a total of 61 applications, and were able to distribute $1,395,021.02 to a total of 19 organizations in the San Luis Valley. We werealso allocated a total of $73,422.16 in Administrative Funds in order to administer these grants.
  2. $67,113 spent. The 100-Year Mural Program is a celebration for the 100 year anniversary of the Alamosa Chamberof Commerce. Ten murals will be created in theCity of Alamosa, each mural depicting one decade from the 1920s through the 2020s. Alamosa Chamber of Commerce is a 501-c-6, so the CFSLV served as the 501-c-3 Passthrough organization to accept charitable donations for the mural project.
  3. $46,601 spent. The CFSLV acted as a Fiscal Agent to acquire funds to establish the Sand Dunes Mushroom Cooperative. Eight Guatemalan (Mayan) families were given the opportunity to start their own cooperative to grow mushrooms after they lost their employment due to the closure of the Colorado Mushroom Farm in Alamosa. Funds were used to have community input convenings, provide specialized training in mushroom cultivation, education in establishing a Cooperative in the State of Colorado, stipend and salaries to the workers, and supplies to start a mushroom cultivation facility.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 1987.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.