Secor
- Assets
- $2.2m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 23
- Location
- Parker, CO
- Founding
- 07/2006
- Data as of
- 12/2021
- EIN
- 20-4226894
Organization Overview
Secor, operating under the name SecorCares, is located in Parker, CO. The organization was established in 2006. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, SecorCares employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. SecorCares is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, SecorCares generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CARING FOR INDIVIDUALS FACED WITH POVERTY THROUGH DONATIONS OF FOOD, GIFTS, AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SECORCARES OPERATES A FREE FOOD MARKET. THIS IS OPEN YEAR ROUND TO HELP THOSE IN SUBURBAN POVERTY. IN 2021, THE MARKET FED AN AVERAGE OF 2,000 FAMILIES PER MONTH. FAMILIES WERE GIVEN NON-PERISHABLE FOOD AS WELL AS MILK, EGGS, PRODUCE, BREADS, AND MEAT. HUNDREDS OF VOLUNTEERS SERVE EACH WEEK IN THE FOOD MARKET AND OTHER PROGRAMS TO HELP CARE FOR AND SUPPORT OTHER FAMILIES.
SECORCARES OPERATES A PROGRAM CALLED FOOD-FOR-THOUGHT THAT SERVES FAMILIES THROUGH BAGS PROVIDED TO CHILDREN AT SCHOOLS THAT ARE DESIGNED TO FEED THE ENTIRE FAMILY FOR THE WEEKEND. FOOD-FOR-THOUGHT SERVES 1,700 FAMILIES IN 36 SCHOOLS AROUND THE DENVER METRO AREA. HUNDREDS OF VOLUNTEERS TAKE PART IN MAKING THIS PROGRAM A SUCCESS BY PICKING UP FOOD, PACKING FOOD, AND DISTRIBUTING FOOD BAGS TO THE SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Gorton CEO | OfficerTrustee | 45 | $26,859 |
Krista Ingram Board Chair | OfficerTrustee | 1 | $0 |
Sarah Vowell Treasurer | OfficerTrustee | 1 | $0 |
Guy Lecompte Director | Trustee | 1 | $0 |
Harmony Furlong Director | Trustee | 1 | $0 |
Jeremy Cave Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $184,366 |
| Related organizations | $0 |
| Government grants | $353,764 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,764,602 |
| Noncash contributions included in lines 1a–1f | $1,752,827 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,302,732 |
| Total Program Service Revenue | $74,225 |
| Investment income | $29,312 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,845 |
| Net Income from Fundraising Events | $11,167 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,405,661 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,943,795 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $77,859 |
| Compensation of current officers, directors, key employees. | $7,786 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $425,451 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,225 |
| Payroll taxes | $37,542 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,538 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,765 |
| Advertising and promotion | $6,041 |
| Office expenses | $33,885 |
| Information technology | $5,271 |
| Royalties | $0 |
| Occupancy | $247,458 |
| Travel | $46,681 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,677 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,379 |
| Insurance | $24,295 |
| All other expenses | $14,153 |
| Total functional expenses | $2,979,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $418,705 |
| Savings and temporary cash investments | $1,275,317 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $254,954 |
| Prepaid expenses and deferred charges | $100 |
| Net Land, buildings, and equipment | $258,691 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,210,767 |
| Accounts payable and accrued expenses | $27,447 |
| Grants payable | $0 |
| Deferred revenue | $8,250 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $250,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,423 |
| Total liabilities | $300,120 |
| Net assets without donor restrictions | $1,660,271 |
| Net assets with donor restrictions | $250,376 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,210,767 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Secor has recieved totaling $130,553.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $40,159 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $32,700 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $17,330 |
Christian Brothers Automotive Foundation Houston, TX PURPOSE: 2021 NATIONAL SERVICE DAY | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,690 |
Wfg Foundation Inc Duluth, GA PURPOSE: FOOD BANKS, FOOD PANTRIES | $8,389 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Weld Food Bank Greeley, CO | $11,364,016 | $19,346,172 |
Food Bank Of Lincoln Inc Lincoln, NE | $19,534,809 | $19,256,547 |
Boulder Food Rescue Denver, CO | $1,631,753 | $15,905,183 |
Arizona Food Bank Network Phoenix, AZ | $7,535,434 | $12,101,730 |
Heart Ministry Center Inc Omaha, NE | $7,524,049 | $8,339,552 |
Kaizen Food Rescue Englewood, CO | $337,286 | $7,467,875 |
Community Pantry Gallup, NM | $959,655 | $5,727,019 |
Under God Ministries Phoenix, AZ | $30,673 | $5,447,831 |
Foothills Food Bank Carefree, AZ | $4,865,029 | $5,162,895 |
Saving Grace Perishable Food Rescue Inc Omaha, NE | $1,608,103 | $3,708,182 |
Arvada Community Food Bank Inc Arvada, CO | $3,397,072 | $4,129,098 |
Matthews Crossing Chandler, AZ | $619,214 | $3,131,676 |