Seeds Of Hope Of Northern Colorado Inc is located in Denver, CO. The organization was established in 1946. As of 06/2022, Seeds Of Hope Of Northern Colorado Inc employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Seeds Of Hope Of Northern Colorado Inc 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 06/2022, Seeds Of Hope Of Northern Colorado Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $2.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Seeds Of Hope Of Northern Colorado Inc has awarded 80 individual grants totaling $2,091,778. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE CATHOLIC EDUCATION FINANCIALLY ACCESSIBLE TO ANY FAMILY WHO SEEKS IT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEEDS OF HOPE (SOH) PROVIDES "HOPE SCHOLARSHIPS" TO LOW-INCOME FAMILIES AND THEIR STUDENTS TO ATTEND A CATHOLIC K-8 SCHOOL WITHIN THE ARCHDIOCESE OF DENVER (AOD). THESE SCHOLARSHIPS ADDRESS THE OPPORTUNITY GAP FOR LOW-INCOME FAMILIES TRYING TO BREAK A CYCLE OF POVERTY BY CHOOSING TO ATTEND A QUALITY SCHOOL. BY PROVIDING SCHOLARSHIPS AND TUITION ASSISTANCE, SOH GIVES FAMILIES THE CHOICE TO SEND THEIR CHILDREN TO A CATHOLIC SCHOOL WHERE SPIRITUAL, MENTAL, ACADEMIC, AND PHYSICAL FORMATION IS PROVIDED. SOH'S MISSION IS TO "CULTIVATE MINDS AND HEARTS FOR CHRIST BY STRIVING TO MAKE A TRANSFORMATIVE CATHOLIC EDUCATION FINANCIALLY ACCESSIBLE TO ANY FAMILY WHO SEEKS IT". IT IS OUR BELIEF THAT STUDENTS WHO DESIRE THE BENEFITS OF CATHOLIC EDUCATION SHOULD NOT BE TURNED AWAY BECAUSE OF FINANCIAL LIMITATIONS. STUDIES SHOW THAT STUDENTS IN IMPOVERISHED, HIGH-MINORITY AREAS PERFORM BETTER AND HAVE MORE OPPORTUNITIES FOR LONG-TERM SUCCESS IF THEY CAN CHOOSE A QUALITY EDUCATION ENVIRONMENT. THE CATHOLIC SCHOOLS SERVED THIS YEAR BY SOH OFFER EXACTLY THAT - A QUALITY ALTERNATIVE TO PUBLIC SCHOOLS AND PROVIDE: A FAITH-BASED SETTING, A SAFE LEARNING ENVIRONMENT, A NURTURING COMMUNITY THAT REINFORCES FAMILY, HIGHER LEVELS OF PARENTAL ENGAGEMENT, AND A RIGOROUS ACADEMIC CURRICULUM. OUR SCHOOLS AND CLASSROOMS FORM THE WHOLE CHILD, FULLY COMMITTED TO EDUCATING AND FORMING WITNESSES WHO WILL TRANSFORM THE WORLD, YOUNG MEN AND WOMEN WHO ARE PREPARED TO BE SAINTS AND LEADERS IN OUR COMMUNITIES. WITH THAT IN MIND, IN FISCAL YEAR 2022, SOH OFFERED "HOPE SCHOLARSHIPS" RANGING FROM $500 TO $3,000 PER STUDENT, DEPENDING ON NEED. APPLICATIONS FOR ASSISTANCE ARE REVIEWED TO DETERMINE WHETHER STUDENTS AND THEIR FAMILIES MEET THE SOH HOUSEHOLD INCOME-ELIGIBILITY GUIDELINES, BASED ON THE U.S. FEDERAL POVERTY GUIDELINES (FPG). ALTHOUGH FAMILIES MAY RECEIVE ASSISTANCE FROM SOURCES IN ADDITION TO SOH, FAMILIES ARE ALL REQUIRED TO CONTRIBUTE FINANCIALLY TO THEIR CHILDREN'S TUITION. PARENTS MAKE SIGNIFICANT SACRIFICES TO CONTRIBUTE TO THE COST OF TUITION TO ENSURE THEIR CHILDREN RECEIVE A CATHOLIC EDUCATION. THIS CONTRIBUTION FROM THE FAMILY CREATES A SENSE OF PRIDE AND ACCOUNTABILITY BECAUSE THE FAMILY IS DOING SOMETHING VALUABLE FOR THEIR CHILDREN. SOH (INC. AND TRUST) CONTINUES TO EXPAND ITS MISSION TO SERVE LOW-INCOME, HIGH MINORITY POPULATIONS BY OFFERING HOPE SCHOLARSHIPS TO ANY INCOME-ELIGIBLE STUDENT/FAMILY ATTENDING ANY OF THE 33 AOD CATHOLIC K-8 SCHOOLS. QUALIFYING STUDENTS AND THEIR FAMILIES AT ANY AOD CATHOLIC K-8 SCHOOL ARE ELIGIBLE TO APPLY FOR A HOPE SCHOLARSHIP. DURING THE YEAR ENDED JUNE 30, 2022, CONSOLIDATED AND COMBINED SOH (INC. AND TRUST) PROGRAMS PROVIDED TUITION ASSISTANCE AND GRANTS TO SCHOOLS TOTALING APPROXIMATELY $2,600,000 TO APPROXIMATELY 1,050 STUDENTS. AS A CONTINUED SERVICE FOR THE OFFICE OF CATHOLIC SCHOOLS, SOH CONTINUES TO MAINTAIN AND DEVELOP THE ONLINE VARIABLE TUITION PROGRAM (VTP), WHICH GATHERS IMPORTANT DATA AND INFORMATION FROM FAMILIES AND STUDENTS TO HELP SCHOOLS CALCULATE AFFORDABLE TUITION. DURING FISCAL YEAR 2022, THE VTP WAS OPENED UP TO 24 AOD CATHOLIC K-8 SCHOOLS. ALSO IN FISCAL YEAR 2021-2022, SOH INSTITUTED A BOARD-APPROVED PILOT PROGRAM TO PROVIDE ONE-TIME BLOCK GRANTS TO SCHOOLS TO IMPACT CLASSROOMS, SUPPORT TEACHERS AND HELP SCHOOLS DEMONSTRATING CATHOLIC EDUCATION MISSION RENEWAL THROUGH A PROGRAM CALLED "MISSION RENEWAL/CLASSROOM IMPACT GRANTS PROGRAM". SCHOOL PRINCIPALS COMPLETED AN APPLICATION TO MAKE A REQUEST FOR THIS GRANT. A TOTAL OF $439,275 WAS GRANTED TO AOD CATHOLIC K-12 SCHOOLS FOR THIS SUCCESSFUL AND IMPACTFUL PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jay Clark Executive Director Thru 10/8/21 | Officer | 37 | $102,777 |
Dan Beyer Treasurer | OfficerTrustee | 1 | $0 |
Angie Romani Secretary | OfficerTrustee | 1 | $0 |
John Zimmerman Chair | OfficerTrustee | 1 | $0 |
Patricia Sullivan Executive Director From 1/10/22 | Officer | 37 | $0 |
Very Rev Randy M Dollins Vg Director Thru 5/9/22 | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Archdiocese Of Denver See Schedule G, Part 1, Line 2b | 6/29/18 | $105,000 |
The Catholic Alliance See Schedule G, Part 1, Line 2b | 6/29/18 | $175,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $927,560 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,165,584 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,093,144 |
Total Program Service Revenue | $0 |
Investment income | $6,724 |
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 | $3,099,868 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $644,775 |
Grants and other assistance to domestic individuals. | $1,209,900 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $96,696 |
Compensation of current officers, directors, key employees. | $3,706 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $160,918 |
Pension plan accruals and contributions | $5,577 |
Other employee benefits | $9,174 |
Payroll taxes | $19,046 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $17,125 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $193,953 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $88,047 |
Advertising and promotion | $2,000 |
Office expenses | $48,866 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,350 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $937 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,102 |
All other expenses | $3,583 |
Total functional expenses | $2,510,049 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $2,556,838 |
Pledges and grants receivable | $254,266 |
Accounts receivable, net | $152,765 |
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 | $20,914 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,984,783 |
Accounts payable and accrued expenses | $28,581 |
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 | $0 |
Total liabilities | $28,581 |
Net assets without donor restrictions | $2,050,972 |
Net assets with donor restrictions | $905,230 |
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 | $2,984,783 |
Over the last fiscal year, Seeds Of Hope Of Northern Colorado Inc has awarded $640,775 in support to 25 organizations.
Grant Recipient | Amount |
---|---|
Denver, CO PURPOSE: Support for operns, mission renewal, after school care & pre-school. | $81,000 |
Denver, CO PURPOSE: Support for operns, mission renewal & pre-school program. | $51,000 |
Broomfield, CO PURPOSE: Mission Renewal Grant to provide School Support. | $50,000 |
Denver, CO PURPOSE: Mission Renewal Grant to provide School Support. | $40,000 |
Aurora, CO PURPOSE: Support for operns, and mission renewal-teacher & marketing/comm support. | $39,150 |
Glenwood Spgs, CO PURPOSE: Mission Renewal Grant to provide support for School/Classroom Support. | $38,000 |
Over the last fiscal year, we have identified 10 grants that Seeds Of Hope Of Northern Colorado Inc has recieved totaling $506,527.
Awarding Organization | Amount |
---|---|
Daniels Fund Denver, CO PURPOSE: HOPE SCHOLARSHIPS | $150,000 |
I A Oshaughnessy Foundation Inc Bloomington, MN PURPOSE: TEACHER SUPPORT AND CLASSROOM IMPACT GRANTS. | $100,000 |
Temple Hoyne Buell Foundation Denver, CO PURPOSE: PRESCHOOL PROGRAM SUPPORT AT EIGHT SEEDS OF HOPE SUPPORTED SCHOOLS | $75,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $66,000 |
The Childrens Scholarship Fund New York, NY PURPOSE: To provide partial scholarship awards to children from low-income families | $44,461 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $36,009 |
Beg. Balance | $9,451,102 |
Earnings | -$1,075,845 |
Grants | -$344,571 |
Ending Balance | $8,030,686 |
Organization Name | Assets | Revenue |
---|---|---|
Kirk Humanitarian Salt Lake City, UT | $3,740,895 | $18,227,954 |
Translational Pulmonary And Immunology Research Center Long Beach, CA | $5,349,856 | $21,502,717 |
Leavenworth-Jefferson Electric Cooperative Inc Topeka, KS | $0 | $20,178,550 |
Southern Calif Glaziers H&w Tr Fund Covina, CA | $29,114,155 | $20,946,347 |
Association Of Former Students Of Texas A & M University College Station, TX | $202,537,498 | $46,927,604 |
Eleven Counties Cement Masons Vacation Savings Plan Arcadia, CA | $5,589,566 | $20,011,615 |
Dow Rummel Village Sioux Falls, SD | $76,421,386 | $18,523,416 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Los Angeles Tourism & Convention Board Los Angeles, CA | $19,187,650 | $21,164,251 |
Education Training And Research Associates Scotts Valley, CA | $15,485,603 | $19,032,847 |
Berkeley Food And Housing Project Berkeley, CA | $7,900,684 | $21,326,193 |
Partnerships To Uplift Communities Los Angeles Burbank, CA | $14,420,401 | $24,912,837 |