Destination Granby
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Non-profit organization dedicated to advancing economic welfare and civic pride in the greater Granby area while preserving its unique cultural heritage and sense of community
- Income
- $663,323
- Spending
- $702,329
- Spent on programs
- 95%
- Reserves
- 1.9 months of spending
- Largest source of income
- government grants, 73%
- Employees
- 7
- Volunteers
- 50
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
Weak: 44 out of 100. Higher than 13% of charities in its peer group (community improvement, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.9 months of spending.
Debt
10 of 20It owes 42% of what it owns.
Living within its means
4 of 15Spending exceeded income by 6% of income.
Income trend
5 of 15Income fell 14% on the year before.
Spending floor
15 of 1595% 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: 75 out of 100. Higher than 47% of charities in its peer group (community improvement, $250k to $1m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports 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 (7)
- $480,245 spent. Destination Granbys main activity is year-round events. Events include a 3-day ice fishing contest and is conducted on nearby lakes including Lake Granby. Other events are managed within the city limits of town and include 4th of July celebrations (parade, party and concert in the town park, and a family bike parade), Music & Market (8-week summer series including live music and a farmers/artisan market), Art in the Park (a live artist mural competition, live music and vendors), Dia de los Muertos (family friendly cultural event), Trick or Treat Main Street (family friendly Halloween event), and a Christmas Tree Lighting.
- $139,084 spent. A second activity is offering marketing promotions to many small businesses in Granby, which otherwise may not be able to afford marketing expenses. The activity of promoting our local businesses, events and attractions is conducted throughout local media resources, our website, our social media channels, digital platforms and Colorado platforms. In some cases, marketing is promoted in surrounding states.
- $25,731 spent. Destination Granby operates the Town of Granbys Information Center which serves both locals and visitors. The activity is conducted at the home office of Destination Granby.
- $2,734 spent. Destination Granby works on economic vitality and business development conducted in the town of Granby
- $20,000 spent. Destination Granby is tasked with placemaking and beautification in the downtown area
- Destination Granby works on economic vitality and 2734. 0. 0.
- Destination Granby is tasked with placemaking and 20000. 0. 0.
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
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.
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.
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.
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.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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.