Philanthropy Colorado is located in Arvada, CO. The organization was established in 2003. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Philanthropy Colorado employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philanthropy Colorado 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, Philanthropy Colorado generated $693.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $720.7k during the year ending 12/2022. While expenses have increased by 14.5% 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
TO STRENGTHEN COLORADO COMMUNITIES BY BRINGING PEOPLE, INFORMATION AND RESOURCES TOGETHER. OUR ACTIVITIES FOCUS ON EDUCATION AND TRAINING, LEARNING NETWORKS AND ADVOCACY WITH THE OVERALL AIM OF LEADING AND SERVING THE DIVERSE AND DYNAMIC PHILANTHROPIC SECTOR THAT SUPPORTS NONPROFITS AND COMMUNITIES THROUGHOUT COLORADO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIGHLIGHTS FROM 2022:- CREATED SEVERAL DOZEN FORUMS AND SPACES FOR MEMBERS TO MEET VIRTUALLY OR IN PERSON TO SHARE AND LEARN ABOUT A BROAD RANGE OF ISSUES: ADVOCACY, RURAL BROADBAND, HOUSING AFFORDABILITY, CLIMATE ACTION, DISASTER RESILIENCE, EARLY CHILDHOOD EDUCATION, LGBTQ+ VIOLENCE AND HATE, PARTICIPATORY PHILANTHROPY, DATA-DRIVEN GRANTMAKING, ADVANCING DIVERSITY IN THE PHILANTHROPY PIPELINE, IMPACT INVESTING, PANDEMIC ISSUES, RACIAL EQUITY, FEDERAL RELIEF FUNDING, COMMUNITY NEWS, ARTS AND CULTURE, CYBERSECURITY, NEW EMPLOYMENT POLICIES, BEHAVIORAL HEALTH AND MORE; - COMPLETED SECOND YEAR OF STRATEGIC EQUITY ROADMAP, INCORPORATING AN EVOLVING EQUITY LENS INTO EXTERNAL PROGRAM PLANNING AND TRACKING ALL PROGRAMS AND PEER GROUPS TO ENSURE THAT DIVERSE VOICES, SPEAKERS, TOPICS AND ISSUES ARE INCLUDED;- LAUNCHED EQUITY SECTION ON OUR WEBSITE INCLUDING INFORMATION ON OUR COMMITMENT TO A CULTURE OF BELONGING, EXAMPLES OF MEMBER ACTIONS, SELF-GUIDED DISCOVERY AND LEARNING MATERIALS, AND OTHER RESOURCES AND ORGANIZATIONS IN THE FIELD; ESTABLISHED EQUITY COMMITTEE MADE UP OF REPRESENTATIVES OF BOARD AND MEMBERSHIP TO HELP GUIDE OUR WORK IN THIS AREA;- ADDED TWO NEW PEER NETWORKS (FOUNDATION FINANCE AND PUBLIC POLICY) TO OUR DOZEN+ LEARNING COMMUNITIES MEETING AT LEAST QUARTERLY TO EXCHANGE INFORMATION, STAY ABREAST OF TRENDS AND BUILD EXPERTISE IN PRIORITY AREAS OR PROFESSIONAL ROLES;- CEO FORUMS INCLUDED RECEPTION WITH GOV. JARED POLIS AT THE GOVERNOR'S MANSION AND A MIX OF VIRTUAL AND IN-PERSON CONVERSATIONS ABOUT TOP-OF-MIND ISSUES FOR LEADERS OF OUR MEMBER ORGANIZATIONS;- FOR THE FOURTH CONSECUTIVE YEAR, OUR DIRECTOR OF RURAL AND STATEWIDE NETWORKS WORKED WITH STATEWIDE AND REGIONALLY FOCUSED FUNDERS ON LEARNING EXCHANGES AND OPPORTUNITIES FOR COLLABORATION IN DIVERSE REGIONS ACROSS RURAL COLORADO, INCLUDING A MULTI-DAY VISIT TO THE SAN LUIS VALLEY AND AN EMERGING COHORT OF FUNDERS LOOKING TO WORK TOGETHER IN THE REGION; - EXTENDED PARTNERSHIP WITH TRUST-BASED PHILANTHROPY PROJECT TO COLLABORATE ON MULTI-PART WEBINARS TO A LARGE COHORT OF PHILANTHROPY COLORADO MEMBERS, WHILE CONTINUING OUR PARTNERSHIP WITH ABFE TO OFFER FOUR HALF- AND FULL-DAY TRAINING OPPORTUNITIES TO FOUNDATION STAFF AND TRUSTEES ON ADVANCING RACIAL EQUITY THROUGH GRANTMAKING;- CONTINUED CAPACITY-BUILDING CAMPAIGN TO MATCH CHALLENGE GRANT THAT HAS ENABLED US TO MAINTAIN ADDITIONAL STAFF AND RESOURCES TO HELP US ACTIVELY LEAD AND SERVE THE FIELD OF PHILANTHROPY IN COLORADO;- ACHIEVED RECORD MEMBERSHIP LEVELS AND STRONG RETENTION OF CURRENT AND LONG-TIME MEMBERS AND LAUNCHED MEMBER ENGAGEMENT STRATEGY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Steuer Chair | OfficerTrustee | 2 | $0 |
Katie Kramer Director | Trustee | 1 | $0 |
Virginia Romano Director | Trustee | 1 | $0 |
Tariana Navas-Nieves Vice Chair | OfficerTrustee | 1 | $0 |
Megan Ledin Secretary | OfficerTrustee | 1 | $0 |
Kristi Petrie Director | Trustee | 1 | $0 |
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 | $373,455 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $373,455 |
Total Program Service Revenue | $316,264 |
Investment income | $3,725 |
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 | $693,444 |
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. | $127,500 |
Compensation of current officers, directors, key employees. | $5,100 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $340,588 |
Pension plan accruals and contributions | $32,766 |
Other employee benefits | $61,572 |
Payroll taxes | $35,129 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,050 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,085 |
Advertising and promotion | $237 |
Office expenses | $5,864 |
Information technology | $20,250 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,809 |
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 | $14,582 |
Insurance | $4,423 |
All other expenses | $0 |
Total functional expenses | $720,742 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $285,062 |
Savings and temporary cash investments | $614,548 |
Pledges and grants receivable | $110,020 |
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 | $7,758 |
Net Land, buildings, and equipment | $8,437 |
Investments—publicly traded securities | $0 |
Investments—other securities | $55,362 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,081,187 |
Accounts payable and accrued expenses | $23,070 |
Grants payable | $0 |
Deferred revenue | $138,790 |
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 | $0 |
Total liabilities | $161,860 |
Net assets without donor restrictions | $778,945 |
Net assets with donor restrictions | $140,382 |
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 | $1,081,187 |
Organization Name | Assets | Revenue |
---|---|---|
Wyoming Association Of Non Profit Organizations Cheyenne, WY | $392,184 | $1,725,015 |
Philanthropy Colorado Arvada, CO | $1,081,187 | $693,444 |
Kansas Association Of Community Foundations Washington, KS | $9,529,087 | $911,940 |
Northwest Pipeline Voluntary Employees Beneficiary Association Tulsa, OK | $8,199,003 | $401,361 |
Association Of Fundraising Professionals Scottsdale, AZ | $35,725 | $0 |
Crew Charleston Chapter Lawrence, KS | $132,346 | $0 |
Philanos Leawood, KS | $299,008 | $226,003 |
Rotary Club Of Leawood Kansas Charitable Fund Inc Leawood, KS | $436,228 | $0 |
Arizona Fraternal Order Of Police Foundation Inc Douglas, AZ | $89,414 | $0 |
Athenaaz Foundation Glendale, AZ | $7,586 | $0 |
Associated Charities Of Nogales Inc Nogales, AZ | $70,324 | $51,113 |
Association Of Fundraising Professionals Wichita, KS | $66,991 | $0 |
Acf Beehive State Chefs Charter Inc Salt Lake City, UT | $23,740 | $0 |
Nextgen Park County Cody, WY | $59,357 | $0 |
Kate Frank Manor Religious & Charitable Association Inc Muskogee, OK | $31,875 | $14,908 |
The Preparedness Foudnation Midway, UT | $4,382 | $29 |