Secor
- Assets
- $3.7m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 29
- Location
- Parker, CO
- Founding
- 07/2006
- Data as of
- 12/2023
- EIN
- 20-4226894
Organization Overview
Secor, operating under the name Secor Cares, 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 12/2023, Secor Cares employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Secor Cares 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 12/2023, Secor Cares generated $2.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $3.4m during the year ending 12/2023. While expenses have increased by 11.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CARING FOR PEOPLE FACED WITH SUBURBAN POVERTY, RESTORING HOPE AND DIGNITY, AND GUIDING THEM TOWARD A SELF-SUFFICIENT LIFE
Describe the Organization's Program Activity:
Part 3 - Line 4a
SECOR CARES OPERATES A FREE FOOD MARKET. THIS IS OPEN YEAR-ROUND TO HELP THOSE IN SUBURBAN POVERTY. IN 2023, THE MARKET FED 2,647 UNDUPLICATED HOUSEHOLDS AND 9,308 UNDUPLICATED INDIVIDUALS. 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. THE MOBILE MARKET SERVED APPROXIMATELY 10,200 UNDUPLICATED HOUSEHOLDS.
SECOR CARES OPERATES A PROGRAM CALLED FOOD-FOR-THOUGHT THAT SERVES STUDENTS THROUGH BAGS PROVIDED TO CHILDREN AT SCHOOLS THAT ARE DESIGNED TO FEED THE ENTIRE FAMILY FOR THE WEEKEND. IN 2023, FOOD-FOR-THOUGHT SERVED 2,233 STUDENTS IN 34 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 |
|---|---|---|---|
Mark Heistand Finance Dire | Officer | 40 | $107,546 |
Briana Dilley Exectuive Di | Officer | 40 | $101,872 |
Tom Fitzgerald Director | Trustee | 1 | $0 |
Harmony Furlong Director | Trustee | 1 | $0 |
Brian James Director | Trustee | 1 | $0 |
Guy Lecompte Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $176,822 |
| Related organizations | $0 |
| Government grants | $37,841 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,456,799 |
| Noncash contributions included in lines 1a–1f | $1,590,568 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,671,462 |
| Total Program Service Revenue | $0 |
| Investment income | $27,421 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,064 |
| Net Gain/Loss on Asset Sales | -$17,369 |
| Net Income from Fundraising Events | -$41,289 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,671,638 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,590,568 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $209,418 |
| Compensation of current officers, directors, key employees. | $158,482 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $471,403 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,392 |
| Payroll taxes | $60,197 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $55,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,927 |
| Advertising and promotion | $10,246 |
| Office expenses | $7,131 |
| Information technology | $23,968 |
| Royalties | $0 |
| Occupancy | $259,195 |
| Travel | $6,649 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,835 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,151 |
| Insurance | $34,879 |
| All other expenses | $18,177 |
| Total functional expenses | $3,366,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $247,324 |
| Savings and temporary cash investments | $549,227 |
| Pledges and grants receivable | $17,518 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $140,217 |
| Prepaid expenses and deferred charges | $16,240 |
| Net Land, buildings, and equipment | $220,246 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,520,412 |
| Total assets | $3,711,184 |
| Accounts payable and accrued expenses | $54,792 |
| Grants payable | $0 |
| Deferred revenue | $3,950 |
| 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 | $2,826,067 |
| Total liabilities | $3,134,809 |
| Net assets without donor restrictions | $517,370 |
| Net assets with donor restrictions | $59,005 |
| 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 | $3,711,184 |