Colorado Urban Leadership Foundation
- Assets
- $1.2m
- Revenue
- $713.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Denver, CO
- Founding
- 08/2008
- Data as of
- 12/2022
- EIN
- 26-1393882
Organization Overview
Colorado Urban Leadership Foundation is located in Denver, CO. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2022, Colorado Urban Leadership Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Urban Leadership Foundation 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 12/2022, Colorado Urban Leadership Foundation generated $713.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $531.3k during the year ending 12/2022. While expenses have increased by 18.9% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE URBAN LEADERSHIP FOUNDATION OF COLORADO IS TO INVEST IN THE DEVELOPMENT OF MINORITY LEADERS, EMPOWER THEM TO SERVE IN THE INTEREST OF COMMUNITY, AND LEVERAGE ALL RESOURCES TO ADDRESS THE RACIAL, ECONOMIC, EDUCATION, SOCIAL, AND HEALTH INEQUITIES EXPERIENCED BY MEMBER OF THE BLACK AND AFRICAN AMERICAN COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE URBAN LEADERSHIP FOUNDATION OF COLORADO 501(C)(3) NON-PROFIT IS ONE OF COLORADO'S MOST RECOGNIZED AND ACCOMPLISHED LEADERSHIP ORGANIZATIONS WITHIN THE DENVER METRO AREA. OUR PROGRAMMING PROVIDES PARTICIPANTS WITH LEADERSHIP TRAINING AND EDUCATION AS IT RELATES TO BECOMING A MORE EFFECTIVE BUSINESS, POLITICAL AND/OR COMMUNITY LEADER. OUR PRIMARY GOAL IS LEADERSHIP TRAINING, CIVIC ENGAGEMENT, AND ADVANCEMENT SERVICES TO THE NEXT GENERATION OF AFRICAN AMERICAN LEADERS. OUR SECONDARY OBJECTIVE IS TO CREATE AND INSPIRE MEANINGFUL SERVICE IN THE PUBLIC'S INTEREST. THROUGH OUR TEN-MONTH PROGRAM FLAGSHIP PROGRAM ULF CONNECT LEADERSHIP FELLOWSHIP, WE EXPOSE OUR PARTICIPANTS TO VARIOUS LEADERS, OPPORTUNITIES TO ENGAGE CIVICALLY AND IN THE COMMUNITY, TO SMALL BUSINESSES AND THE PRINCIPLES OF ENTREPRENEURSHIP, ADVANCEMENT IN THE WORKPLACE, AND INSIGHT INTO POLITICS. OUR TRAINING NOT ONLY EQUIPS INDIVIDUALS WITH THE TOOL NECESSARY TO BECOME MORE EFFECTIVE LEADERS BUT ALSO INSPIRE THEM TO LEAD. TO DATE WE'VE HAD OVER 350 ALUMNI, WITH 24 GRADUATES IN 2021.
THE URBAN LEADERSHIP FOUNDATION OF COLORADO PARTNERS WITH COMMUNITY ORGANIZATIONS AND BUSINESSES TO BRING HOLIDAY CHEER TO FAMILIES WHO MAY BE EXPERIENCING FINANCIAL HARDSHIPS DUE TO THE PANDEMIC OR OTHER PERSONAL MATTERS. WE PROVIDED TOYS AND MONETARY DONATIONS TO OVER 100 FAMILIES IN 2021.
DURING THESE TUMULTUOUS TIMES WE HAVE EXPANDED OUR SERVICE PRIORITIES TO HAVE AN INTENTIONAL FOCUS ON MENTAL FITNESS, HOMELESSNESS, BASIC COMMUNITY NEEDS, ACCESS TO INFORMATION, FINANCIAL LITERACY, AND SUPPORT FOR FAMILIES AND SMALL BUSINESS OWNERS FROM THE COMMUNITY SEVERELY IMPACTED BY THE PANDEMICS. THE BRIDGING THE GAP PROGRAM CENTERS ON THE FOLLOWING SERVICES: - SOCIAL, EMOTIONAL, AND MENTAL HEALTH SUPPORT - PROVIDING RESOURCES FOR THOSE EXPERIENCING VARYING LEVELS OF HOMELESSNESS - PROFESSIONAL DEVELOPMENT, HEALTH & WELLNESS, EMOTIONAL WELLNESS AND SOCIAL ENGAGEMENT. - CAREER AND TECH EDUCATION PROGRAM SCHOLARSHIP SUPPORT - SMALL STIPENDS/GRANTS TO HELP WITH HOUSEHOLD EXPENSES AND GROCERIES. - LIMITED OPERATIONAL GRANTS FOR SMALL BUSINESSES AND ENTREPRENEURS TO SUPPORT OPERATING EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Ryan Ross President & CEO | Officer | 25 | $65,000 |
Danielle Felder Vice President | OfficerTrustee | 5 | $0 |
David Allen Chairman | OfficerTrustee | 5 | $0 |
Jeffrey Kass Secretary | OfficerTrustee | 5 | $0 |
Wellington Webb Director | Trustee | 5 | $0 |
Michelle Trail Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $472,182 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $472,182 |
| Total Program Service Revenue | $83,525 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $713,269 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $181,583 |
| Compensation of current officers, directors, key employees. | $58,583 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,140 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,011 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,878 |
| Office expenses | $7,388 |
| Information technology | $21,000 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $195,048 |
| Total functional expenses | $531,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,208,841 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,774 |
| Total assets | $1,218,615 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $15,000 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $486 |
| Total liabilities | $15,486 |
| Net assets without donor restrictions | $1,203,129 |
| Net assets with donor restrictions | $0 |
| 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 | $1,218,615 |
Grants Awarded
Over the last fiscal year, Colorado Urban Leadership Foundation has awarded $50,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN GRILL & BAR | | | $10,000 |
THE MONTBELLO BARBERS | | | $10,000 |
BOCAZA MEXICAN GRILL | | | $10,000 |
MAILBOX EXPRESS | | | $10,000 |
MARTYS 47TH DONUTS | | | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Colorado Urban Leadership Foundation has recieved totaling $206,370.
| Awarding Organization | Amount |
|---|---|
The Piton Foundation Denver, CO PURPOSE: 2021 ADVOCACY PORTFOLIO INVESTMENT .WE ENVISION ULF AS AN IMPORTANT PARTNER ACROSS ALL THREE OF OUR OUTCOME AREAS (BUT ESPECIALLY FAMILY ECONOMIC MOBILITY) | $50,000 |
Denver Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $40,100 |
Rose Community Foundation Denver, CO PURPOSE: Programming And Services Created To Address Social, Educational And Mental Health Inequities | $35,000 |
The Ajl Charitable Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $15,575 |
Pb & K Family Foundation Denver, CO PURPOSE: GENERAL SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Noble Research Institute Llc Ardmore, OK | $149,630,598 | $47,833,341 |
Arizona Leadership Foundation Inc Scottsdale, AZ | $8,143,528 | $41,232,860 |
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Alliance For Choice In Education Greenwood Village, CO | $60,249,872 | $34,038,450 |
Arizona Christian School Tuition Organization Inc Chandler, AZ | $15,419,007 | $23,692,507 |
Institute For Better Education Tucson, AZ | $37,186,348 | $28,870,649 |
Catholic Education Arizona Phoenix, AZ | $32,375,379 | $24,525,242 |
Wichita Center For Graduate Medical Education Inc Wichita, KS | $5,382,351 | $22,892,628 |
Arizona Tuition Connection Inc Scottsdale, AZ | $37,104,483 | $31,699,669 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |
Flinn Foundation Phoenix, AZ | $285,130,665 | $13,331,134 |