Skip to content

Colorado · Nonprofit

Headwaters Trails Alliance

Headwaters Trails Alliance (Colorado) receives grants from 12 organizations whose IRS filings report $290,380 to it, the largest being COLORADO GIVES FOUNDATION ($129,243). 7 of them have funded it in more than one year, and 79% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$830k
Funders on record
12
Grants received
$290k
Net assets
$476k
7/12 repeat funderspeak grant-dependency 8%
01What it does

What Headwaters Trails Alliance does

Mission

To preserve, enhance, and promote sustainable, high quality, multi-use, multi-season trail opportunities via trails that link towns and recreational areas with secondary trails systems connecting historical, cultural and recreational sites throughout Grand County, CO.

As stated on its FY2024 Form 990.

Program

  1. Maintained and/or assessed 476 miles of trail. Improved trailheads and parking areas adjacent to the trails. Supervised responsible recreation outreach via the Outdoor Ambassador Program. Winter Trail grooming program.

    $484,038 spent$11,474 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $484,038.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($236k) Expenses 100 ($232k) Net assets 100 ($101k)2018 Revenue 170 ($401k) Expenses 180 ($417k) Net assets 84 ($85k)2019 Revenue 164 ($388k) Expenses 162 ($376k) Net assets 96 ($97k)2020 Revenue 278 ($658k) Expenses 265 ($616k) Net assets 137 ($139k)2021 Revenue 328 ($774k) Expenses 316 ($734k) Net assets 176 ($179k)2022 Revenue 264 ($624k) Expenses 249 ($578k) Net assets 222 ($225k)2023 Revenue 377 ($891k) Expenses 392 ($910k) Net assets 271 ($274k)2024 Revenue 352 ($830k) Expenses 271 ($628k) Net assets 470 ($476k)
'17'18'19'20'21'22'23'24
Revenue (352)Expenses (271)Net assets (470)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $288k to $619k (+115%).

$104k
$87k
$113k
$160k
$183k
$242k
$288k
$619k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 86% · 2018 77% · 2019 60% · 2020 31% · 2021 12% · 2022 27% · 2023 60% · 2024 83%. Grants only. Government contracts and fees sit inside program revenue.

98% of Headwaters Trails Alliance’s revenue is contributions — more reliant on donations than three-quarters of its peers (18% for the typical peer).

This organization
Typical peer · 16,168 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$4k
’17
−$16k
’18
$12k
’19
$42k
’20
$40k
’21
$46k
’22
−$19k
’23
$202k
’24
7.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed44111111111315
Joined·+0+9+0+1+0+3+4
No longer listed·0201012
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 4 funders to 6 funders, grant income rose $32k → $53k.

6 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 79% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Headwaters Trails Alliance’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Headwaters Trails Alliance leans on a few funders — its largest provides 45% of grant income and the top three 71%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

90% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Headwaters Trails Alliance.

45%
largest funder
71%
top three
~4
effective funders

Largest funder’s share by year: 2018 46% · 2019 47% · 2020 84% · 2021 56% · 2022 42% · 2023 45% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

57% of Headwaters Trails Alliance's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

79% of Headwaters Trails Alliance's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $62k that is directly attributable, 56% of it comes from Colorado funders.

NY
MA
IN
CT
CO

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Colorado out of state home

Funder states come from each funder’s own filing. $228k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Headwaters Trails Alliance runs a healthier operating margin than three-quarters of the 15,520 recreation & sports nonprofits its size.

Operating margin24% · top quartile
Months of reserve7.0mo · above the median
Revenue growth (annualized)20% · top quartile

this organization peer median middle 50% of peers· 15,520 recreation & sports nonprofits $100k–$1M, FY2024

Government funding Headwaters Trails Alliance receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $942k on record.

Federal$942k
grants $942kcontracts $0
21
22
24
25
26
Top agencies
  • Department of Agriculture$942k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Headwaters Trails Alliance

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

77% of spending goes to programs.

Program 77%Management 23%Fundraising 0%

Governance

13
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Headwaters Trails Alliance: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Headwaters Trails Alliance?
Headwaters Trails Alliance (Colorado) receives grants from 12 organizations whose IRS filings report $290,380 to it, the largest being COLORADO GIVES FOUNDATION ($129,243). 7 of them have funded it in more than one year, and 79% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Headwaters Trails Alliance have?
IRS filings report 12 organizations giving $290,380 in grants to Headwaters Trails Alliance, 7 of which have funded it in more than one year.
Who is the largest funder of Headwaters Trails Alliance?
COLORADO GIVES FOUNDATION is the largest funder on record, with $129,243 in grants. The full list of funders is on this page.
How can an organization like Headwaters Trails Alliance find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Headwaters Trails Alliance →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing