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Icast

Also known as Icast

Lakewood, CO · EIN 41-2139623 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Icast reported $29.4 million in revenue and $31.5 million in expenses for calendar year 2024. Of every $100 it spent, $25.36 went to program services, $71.24 to management and general costs and $3.40 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.7% of the total. The highest compensation it reported for one person was $119,999 (President Secretary). 1 person received more than $100,000 in reportable compensation. Revenue rose 129% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $31M

Program services$25.36 $8.0M
Management & general$71.24 $22M
Fundraising$3.40 $1.1M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $29M

Contributions & grants (non-government)$0.18 $51,971
Program service revenue$99.74 $29M
Investment income$0.08 $24,006

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 479 covered charities in this category, from their latest filings.
Measure	2024	Median
Program services Part IX 25(B) ÷ 25(A)	25.4%	89.1%
Management & general Part IX 25(C) ÷ 25(A)	71.2%	9.2%
Fundraising Part IX 25(D) ÷ 25(A)	3.4%	0.2%
Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h	Not reported	$0.00
Contributions & grants share of revenue Part VIII 1h ÷ 12	0.2%	80.1%
Government grants share of revenue Part VIII 1e ÷ 12	0.0%	14.9%
Program service revenue share Part VIII 2g ÷ 12	99.7%	11.9%
Highest reported compensation Part VII-A, columns D–F	$119,999	$291,103
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	0.38%	1.49%
People paid over $100,000 Part VII, line 2	1	5
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	1.8	9.2
Independent voting board members Part VI 1a–1b	6 of 7	100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense

$8.0M expenses · 100.0% of program spending · revenue $29M

From its inception icast has worked to provide sustainable solutions for underserved communities. Currently icasts focus is in the US multifamily housing sector. By investing in local communities preserving and upgrading affordable housing and reducing energy and water waste icast provides benefits aligned with the triple bottom line standard of its mission. Icast is also set to scale its influence through programs that consult with multifamily property owners on sustainable development and technology

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here

Role	From this org	From related orgs	Other	Total
President Secretary Officer, 33.00 hrs/week	$119,999	$0	$0	$119,999

1 people received more than $100,000 in reportable compensation from Icast (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked

RevenueExpenses

Filing	Revenue	Expenses	Programs	Net assets	Top pay
2024 ⓘ	$29M	$31M	25.4%	$4.8M	$119,999
2023 ⓘ	$32M	$30M	83.9%	$5.5M	$119,999
2022 ⓘ	$21M	$22M	79.2%	$3.2M	$298,510
2021 ⓘ	$20M	$19M	74.4%	$4.5M	$269,663
2020 ⓘ	$16M	$15M	78.6%	$3.7M	$188,518
2019 ⓘ	$13M	$13M	88.2%	$2.1M	$150,002

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means

Voting board members, and how many are independent Part VI, lines 1a–1b7 · 6 independent
Audited financial statements Part XII 2bNo
Conflict-of-interest policy Part VI 12aNo
Whistleblower policy Part VI 13No
Document retention policy Part VI 14No
Independent process for top executive pay Part VI 15aNo
Board given the 990 before filing Part VI 11aNo
Family or business ties among insiders Part VI 2No
Aware of a significant diversion of assets Part VI 5No
Excess benefit transaction with an insider Part IV 25aNo
Loans to or from insiders outstanding Part IV 26No
Lobbying, or a 501(h) election in effect Part IV 4No
Over $15,000 of professional fundraising services Part IV 18No
Over $10,000 of activity outside the U.S. Part IV 14bNo
Employees Part I, line 50

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only

Hansen HVA Plumbing Services Inc Construction	$4,973,567
Stanton Glenn TRC LLC Construction	$2,311,703
Lane Plumbing Co Inc Construction	$1,652,863
HECC Construction	$1,439,089
CC ACS Stanton JV LLC Construction	$867,911

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Icast's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Icast, you can publish a response that is linked from this page.

Report a correction Respond as Icast How this works

Similar-sized charities in this cause

The Wright Brothers Institute
Vandalia, OH · revenue $29M · programs 93.5% · FY2025
Signal Technology Foundation
Mountain View, CA · revenue $29M · programs 81.5% · 2024
The Bay Park Conservancy
Sarasota, FL · revenue $29M · programs 97.8% · 2025
Gulf Coast Community Services Association
Houston, TX · revenue $30M · programs 99.8% · FY2025
Open Sats Initiative
Punta Gorda, FL · revenue $29M · programs 94.7% · 2024

All community improvement & capacity building charities · Largest charities in Colorado

Questions people ask

How much of Icast's spending goes to programs?

In calendar year 2024, Icast reported that 25.4% of its $31.5 million in expenses went to program services, 71.2% to management and general and 3.4% to fundraising (Form 990, Part IX).

How much does Icast pay its top executive?

The largest total compensation Icast reported for one person in calendar year 2024 was $119,999, for the role of President Secretary (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Icast get its money?

Of $29.4 million in revenue in calendar year 2024, 0.2% came from contributions and grants and 99.7% from program service revenue (Form 990, Part VIII).

Is Icast a registered charity?

The IRS lists EIN 41-2139623 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

2024: Form 990 for calendar year 2024, object 202512639349300401 · read the filing
2023: Form 990 for calendar year 2023, object 202443059349300029 · read the filing
2022: Form 990 for calendar year 2022, object 202312009349300906 · read the filing
2021: Form 990 for calendar year 2021, object 202211329349303196 · read the filing
2020: Form 990 for calendar year 2020, object 202112249349301806 · read the filing
2019: Form 990 for calendar year 2019, object 202023159349302492 · read the filing

All filings for EIN 41-2139623: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.