Dry Bones Denver
- Assets
- $955.4k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 21
- Location
- Denver, CO
- Founding
- 07/2003
- Data as of
- 12/2022
- EIN
- 46-0471517
Organization Overview
Dry Bones Denver is located in Denver, CO. The organization was established in 2003. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Dry Bones Denver employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dry Bones Denver 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, Dry Bones Denver generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $992.7k during the year ending 12/2022. While expenses have increased by 8.7% 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
HELPING HOMELESS TEENS AND YOUNG ADULTS EXPERIENCING HOMELESSNESS THROUGH OUTREACH AND JOB AND LIFE SKILLS TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT AND TEACH TEENS AND YOUNG ADULTS ABOUT LIVING AN EFFECTIVE, RESPONSIBLE LIFE AND THUS GIVE THEM A PATHWAY TO SOCIETY.
TO EMPLOY AND PROVIDE JOB TRAINING TO HOMELESS YOUNG ADULTS WHO ARE WORKING TO EXIT HOMELESSNESS THROUGH OUR COFFEE ROASTING BUSINESS. WE EMPLOY 3-5 HOMELESS YOUNG ADULTS, WHO WORK 20-30 HOURS PER WEEK OVER A 12 MONTH PERIOD. OUR JOB TRAINING AND MENTORING CURRICULUM FOCUSES ON TRANSFERRABLE JOB SKILLS, LIFE AND COPING SKILLS, AND INDIVIDUAL SUPPORT. EMPLOYEES ARE PAID A WORKING WAGE AND DEVELOPE WORKPLACE SKILLS LIKE PROBLEM SOLVING, COMMUNICATION, AND PROCESSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Wallace Secretary | OfficerTrustee | 3 | $58,707 |
Julie Pike Director | Trustee | 2 | $4,251 |
Katheryn Coldwell President | OfficerTrustee | 2 | $0 |
Charlie Kerr Vice President | OfficerTrustee | 2 | $0 |
Tim Henderson Treasurer | OfficerTrustee | 3 | $0 |
Ashley Banister-Reiley Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $32,400 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,133,793 |
| Noncash contributions included in lines 1a–1f | $29,422 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,166,193 |
| Total Program Service Revenue | $45,640 |
| Investment income | $5,711 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,661 |
| Net Gain/Loss on Asset Sales | $3 |
| Net Income from Fundraising Events | -$6,763 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $54,791 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,284,236 |
| 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. | $58,708 |
| Compensation of current officers, directors, key employees. | $13,503 |
| Compensation to disqualified persons | $477,167 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $57,581 |
| Payroll taxes | $41,692 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,611 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $400 |
| Fees for services: Other | $2,150 |
| Advertising and promotion | $413 |
| Office expenses | $40,967 |
| Information technology | $13,045 |
| Royalties | $0 |
| Occupancy | $115,879 |
| Travel | $17,553 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,341 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,260 |
| Insurance | $16,139 |
| All other expenses | $13,763 |
| Total functional expenses | $992,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $229,925 |
| 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 | $31,273 |
| Inventories for sale or use | $34,801 |
| Prepaid expenses and deferred charges | $734 |
| Net Land, buildings, and equipment | $104,079 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $554,554 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $955,366 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $24,759 |
| Total liabilities | $24,759 |
| Net assets without donor restrictions | $684,632 |
| Net assets with donor restrictions | $245,975 |
| 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 | $955,366 |