THE CLOUD FOUNDATION

EIN: 201740623 501(c)(3) Animal-Related

COLORADO SPRINGS, CO

Total Revenue
$336,342
Total Expenses
$370,611
Total Assets
$546,515
Net Assets
$543,773
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CO
Principal Officer
KERRY FERGUSON
Phone
7196333842
Tax Period
2024-01-01 to 2024-12-31

THE CLOUD FOUNDATION, founded in 2004, is a small nonprofit in the Animal-Related sector that reported $336K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $371K exceeded revenue, resulting in a 10% operating deficit.

Mission

THE CLOUD FOUNDATION IS DEDICATED TO PREVENTING THE EXTINCTION OF CLOUD'S HERD THROUGH EDUCATION, MEDIA EVENTS AND PROGRAMMING, AND PUBLIC INVOLVEMENT. WE ARE ALSO DETERMINED TO PROTECT OTHER WILD HORSE HERDS ON PUBLIC LANDS, ESPECIALLY ISOLATED HERDS WITH UNIQUE CHARACTERISTICS AND HISTORICAL SIGNIFICANCE.

Program Service Accomplishments

Program 1
Expenses: $266,146 Revenue: $-4,841

THE CLOUD FOUNDATION FOUNDER, GINGER KATHRENS, IS REGULARLY INVITED TO SPEAK AT NATIONAL AND INTERNATIONAL MEETINGS AND CONFERENCES ADVOCATING THE PRESERVATION OF WILD HORSES AND BURROS. THE...

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THE CLOUD FOUNDATION FOUNDER, GINGER KATHRENS, IS REGULARLY INVITED TO SPEAK AT NATIONAL AND INTERNATIONAL MEETINGS AND CONFERENCES ADVOCATING THE PRESERVATION OF WILD HORSES AND BURROS. THE FOUNDATION HAS BEEN FEATURED ON ABC, NBC, CNN, AND PBS, EDUCATING A NATIONAL AUDIENCE ABOUT THE NEED TO PRESERVE WILD HORSES AND BURROS. TCF ATTENDS THE BUREAU OF LAND MANAGEMENT (BLM) NATIONAL MEETINGS REGARDING THE MANAGEMENT OF WILD HORSES AND BURROS. KATHRENS AND OTHER TCF BOARD MEMBERS GIVE PUBLIC COMMENT ON THE NEED TO REFORM THE MANAGEMENT OF WILD HORSES AND BURROS BOTH ON THE RANGE AND IN CAPTIVITY. TCF COMMENTS ON ALL ENVIRONMENTAL ASSESSMENTS, WHICH DEAL WITH THE PLANNED REMOVAL OF WILD HORSES AND BURROS FROM PUBLIC LANDS. TCF DIRECTOR KATHRENS WRITES ARTICLES FOR NATIONAL AND INTERNATIONAL PUBLICATIONS ON THE ISSUE. TCF SPEAKS AT SCHOOLS, CREATES EDUCATIONAL MATERIALS, AND PRODUCES EDUCATIONAL VIDEOS AND STILL PRESENTATIONS REGARDING WILD HORSES AND BURROS. TCF COLLABORATES WITH OTHER ORGANIZATIONS TO PROMOTE THE PROTECTION OF WILD HORSES AND BURROS.SINCE ITS INCEPTION (2005) TCF HAS DIRECTLY RESCUED DOZENS OF MUSTANGS THAT WERE BOUND FOR DIRT HOLDING AREAS MANAGED BY THE GOVERNMENT OR WERE ON THEIR WAY TO KILLER BUYER AUCTIONS. THE FOUNDATION HAS FACILITATED THE ADOPTION AND PURCHASE OF DOZENS OF OTHER ONCE WILD HORSES. TCF HAS PROVIDED TRAINING OR RETRAINING OF ONCE ADOPTED WILD HORSES THAT WERE SUBSEQUENTLY RESCUED EITHER DIRECTLY OR INDIRECTLY BY TCF. TCF MAINTAINS TWO FAMILY BANDS OF WILD HORSES ON PRIVATELY OWNED, LEASED PASTURES IN MONTANA. THESE "FREEDOM FAMILY" WILD HORSES LIVE MUCH LIKE THEY DID ON THE PRYOR MOUNTAINS. TCF PROVIDES SCHEDULED VISITS TO SEE THE FREEDOM FAMILIES FOR PURPOSES OF PHOTOGRAPHY AND EDUCATION ABOUT THE BEHAVIOR AND COMPLEX SOCIAL INTERACTIONS OF WILD HORSES.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $351,529
Program Service Revenue $185
Investment Income $248
Other Revenue $-15,620
TOTAL REVENUE $336,342

Expense Breakdown

Grants Paid $0
Salaries & Benefits $139,939
Fundraising Expenses $33,829
Program Expenses $266,146
Other Expenses $230,672
TOTAL EXPENSES $370,611

Year-over-Year Comparison

2024 2023 Change
Revenue $336,342 $484,155 -0.3%
Expenses $370,611 $348,552 +0.1%
Net Income $-34,269 $135,603 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
2
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$71,444
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIRGINIA KATHRENS PRESIDENT 0.00
Officer Director
$0 $0 $0
ANN EVANS TREASURER 0.00
Officer Director
$0 $0 $0
SAM VAUGHN DIRECTOR 0.00
Director
$0 $0 $0
LISA FRIDAY VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
LINDA HANICK SECRETARY 0.00
Officer Director
$0 $0 $0
SUSAN SUTHERLAND DIRECTOR 0.00
Director
$0 $0 $0
JAMIE WADE DIRECTOR 0.00
Director
$0 $0 $0
TONI HUTCHESON DIRECTOR 0.00
Director
$0 $0 $0
DR LISA JACOBSON DIRECTOR 0.00
Director
$0 $0 $0
JULIE WILLING PIERCE DIRECTOR 0.00
Director
$0 $0 $0
CYNTHIA SMOOT WELLER DIRECTOR 0.00
Director
$0 $0 $0
KERRY FERGUSON EXECUTIVE DIRECTOR 40.00
Officer
$67,844 $3,600 $71,444
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $336,342 $370,611 $546,515 $-34,269
2023 $484,155 $348,552 $581,450 $135,603
2022 $317,304 $309,765 $451,207 $7,539
2021 $391,628 $311,615 $445,185 $80,013
2020 $372,506 $451,114 $402,487 $-78,608
2019 $634,525 $414,125 $463,069 $220,400
2018 $403,949 $312,237 $245,891 $91,712
2017 $218,125 $188,822 $169,980 $29,303
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