2020-11-16T15:46:42-06:00 2019-12-31 135381590 BDO USA LLP 303 EAST 17TH AVENUE SUITE 600 DENVER CO 80203 990 2019-01-01 810539964 FIRST DESCENTS FIRS 3039452490 3001 BRIGHTON BLVD NO 623 DENVER CO 80216 ADAM SCHUSTER DIRECTOR OF FINANCE/OPERATIONS 3038006823 2020-11-16 1 DAVID E TAYLOR CPA P00039332 3038301120 97.118.137.122 2020-11-16 13:49:16 MS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 891F483E60C87F90EA47F5D36560652D54C9E496 2019 2021-01-29 14:40:06Z PATRICK RYAN O'DONOGHUE 3001 BRIGHTON BLVD NO 623 DENVER CO 80216 4173806 0 X WWW.FIRSTDESCENTS.ORG X 2003 CO FIRST DESCENTS PROVIDES LIFE-CHANGING OUTDOOR ADVENTURES TO YOUNG ADULTS IMPACTED BY CANCER. 13 12 21 292 116069 -10815 4026490 3205606 138750 153569 0 24856 -249311 201126 3915929 3585157 0 0 0 0 1202009 1404373 0 0 648863 1914980 1736661 3116989 3141034 798940 444123 3258497 3319469 1101349 776405 2157148 2543064 FIRST DESCENTS PROVIDES LIFE-CHANGING OUTDOOR ADVENTURES TO YOUNG ADULTS IMPACTED BY CANCER AND OTHER SERIOUS HEALTH CONDITIONS. 0 0 2244025 39293 DURING THE FIRST DESCENTS EXPERIENCE, YOUNG ADULTS IMPACTED BY CANCER AND OTHER SERIOUS HEALTH CONDITIONS ARE EMPOWERED THROUGH THE CONQUERING OF LEGITIMATE OUTDOOR CHALLENGES TO PUSH THEIR LIMITS AND FACE THEIR FEARS AND BY DOING SO, THEY REGAIN THE CONFIDENCE LOST TO HEALTH CONDITIONS. FIRST DESCENTS PROVIDED 30 WEEK-LONG PROGRAMS SERVING 391 PARTICIPANTS, 124 REGIONAL PROGRAMS SERVING 1,202 PARTICIPANTS, 4 HEALTHCARE PARTNERSHIP PROGRAMS SERVING 33 PARTICIPANTS, 4 FDX PROGRAMS SERVING 38 PARTICIPANTS, 1 CAREGIVER PROGRAM SERVING 17 PARTICIPANTS, AND 3 MULTIPLE SCLEROSIS PROGRAMS SERVING 29 PARTICIPANTS TOTALING 166 PROGRAMS SERVING 1,710 PARTICIPANTS IN 2019. 2244025 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 106 0 1 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MICHELLE WELCH 3038301120 303 E 17TH AVENUE SUITE 600 DENVER CO 80203 BRADFORD R LUDDEN FOUNDER 40.00 X 106867 0 0 BRENT GOLDSTEIN CHAIRPERSON 2.00 X X 0 0 0 DEBBIE KING FORD VICE-CHAIR & SECRETARY 2.00 X X 0 0 0 JOSH BEHR TREASURER 2.00 X X 0 0 0 LARRY SMITH DIRECTOR 2.00 X 0 0 0 JOEL APPEL DIRECTOR 2.00 X 0 0 0 BRAD REISS DIRECTOR 2.00 X 0 0 0 DR BRANDON HAYES-LATTIN DIRECTOR 2.00 X 0 0 0 ALIX BERGLUND DIRECTOR 2.00 X 0 0 0 TANUM DAVIS BOHEN DIRECTOR 2.00 X 0 0 0 MICHAEL KANTOR DIRECTOR 2.00 X 0 0 0 JEREMY SHEVLIN DIRECTOR 2.00 X 0 0 0 KIP CROSS DIRECTOR 2.00 X 0 0 0 PATRICK RYAN O'DONOGHUE EXECUTIVE DIRECTOR 40.00 X 134367 0 0 241234 0 0 2 0 0 0 0 1164523 2041083 49128 3205606 CORPORATE PARTNER PROG 900099 116069 116069 OUTDOOR ADVENTURES 900099 37500 37500 153569 24256 24256 600 0 600 600 600 775367 1164523 576034 199333 199333 14408 12615 1793 1793 3585157 39293 116069 224189 241233 139915 31360 69958 945007 516076 118106 310825 20995 11611 2645 6739 100036 55319 12605 32112 97102 53697 12235 31170 245974 204786 25655 15533 52147 33718 18429 84227 19583 8737 55907 29487 14907 4327 10253 96440 34733 19375 42332 79400 26452 4699 48249 15195 9436 1808 3951 13955 3956 6594 3405 DIRECT PROGRAM EXPENSES 1119836 1119836 3141034 2244025 248146 648863 2024352 567389 1412957 974408 1038212 154126 315124 110461 71746 31523 38715 10284 10876 3258497 3319469 48309 118654 1053040 657751 1101349 776405 X 1033060 1325861 1124088 1217203 2157148 2543064 3258497 3319469 444123 -58207 0 X X 0 1 X 1 0 X 3181618 1456108 3432734 4026490 3205606 15302556 3181618 1456108 3432734 4026490 3205606 15302556 3060083 12242473 278 1141 448 24256 26123 15328679 3229686 0.79870 0.80460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 110461 71746 38715 38715 X 3940290 355133 355133 3585157 0 3585157 3496167 355133 355133 3141034 0 3141034 PART X, LINE 2: FIRST DESCENTS IS EXEMPT FROM INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501C3. IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, A PRIVATE ENTITY IS REQUIRED TO DISCLOSE ANY MATERIAL UNCERTAIN TAX POSITIONS THAT MANAGEMENT BELIEVE DOES NOT MEET A "MORE-LIKELY-THAN-NOT" STANDARD OF BEING SUSTAINED UNDER AN INCOME TAX AUDIT AND TO RECORD A LIABILITY FOR ANY SUCH INCOME TAX, INCLUDING PENALTIES AND RELATED INTEREST EXPENSE. MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS THAT REQUIRE THE RECORDING OF A LIABILITY MENTIONED ABOVE OR FURTHER DISCLOSURE. INCOME TAX YEARS ENDING DECEMBER 31, 2016 THROUGH 2019 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. FD BALL 933120 802048 131072 24767 51574 56565 266312 OLI PROJECT 613188 613188 101179 10 393582 362475 31107 1717 47139 2684 24097 1939890 1164523 775367 26484 98713 59249 391588 576034 199333 X SUPPLIES 47 39593 FAIR MARKET VALUE X TEXTILES 14 8035 FAIR MARKET VALUE X ALCOHOL 50 1500 FAIR MARKET VALUE 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE CHIEF OPERATING OFFICER AND PERSONNEL RESPONSIBLE FOR FINANCIAL ACCOUNTING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND OFFICERS MUST DISCLOSE ALL MATERIAL FACTS CONCERNING AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST AS SOON AS IT IS DISCOVERED. DISCLOSURE SHALL BE DIRECTED TO THE BOARD OF DIRECTORS VIA THE CHAIRPERSON, CHIEF EXECUTIVE OFFICER OR THE SECRETARY. IF IT APPEARS THAT A CONFLICT OF INTEREST EXISTS, THE BOARD OF DIRECTORS OR THE CHAIR OF THE RELEVANT COMMITTEE THEREOF SHALL APPOINT A NON-INTEREST PERSON OR A COMMITTEE OF THE BOARD OF DIRECTORS TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. IF THE BOARD OF DIRECTORS HAS REASONABLE CAUSE TO BELIEVE THAT A DIRECTOR OR OFFICER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL INFORM SUCH PERSON OF BASIS FOR SUCH BELIEF AND AFFORD SUCH PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF AFTER HEARING THE RESPONSE OF THE DIRECTOR OR OFFICER, AND MAKING FURTHER INVESTIGATION, THE BOARD OF DIRECTORS DETERMINES THAT THE DIRECTOR OR OFFICER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE REMEDIAL ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION CONDUCTED AN ANALYSIS OF NONPROFIT PAY BY REGION, JOB FUNCTION, ETC. IN ORDER TO DETERMINE SUITABLE COMPENSATION FOR ITS CEO, COO, DIRECTORS AND ALL STAFF. THE PROPOSED COMPENSATION WAS PRESENTED TO THE BOARD FOR APPROVAL. THIS PROCESS WAS LAST CONDUCTED IN DECEMBER 2016. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC BY REQUEST AT ITS OFFICE. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT IN THIS PROCESS.