Colfax Community Network Inc
- Assets
- $311.6k
- Revenue
- $327.5k
- Investments
- $0.0
- Employees
- 12
- Location
- Aurora, CO
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 84-1487426
Organization Overview
Colfax Community Network Inc is located in Aurora, CO. The organization was established in 1999. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Colfax Community Network Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colfax Community Network 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 12/2021, Colfax Community Network Inc generated $327.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $419.8k during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVOCATE FOR CHILDREN AND FAMILIES RESIDING IN LOW-INCOME TRANSIENT HOUSING ALONG COLFAX AVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLFAX COMMUNITY NETWORK PROVIDES AFTER SCHOOL AND SUMMER PROGRAMS FOR YOUTH LIVING IN MOTELS AND LOW-INCOME HOUSING. THESE PROGRAMS INCLUDE TUTORING, FIELD TRIPS, ART PROJECTS, OUTDOOR CAMPING AND RECREATIONAL SUMMER CAMPS. OUTREACH AND DROP-IN SERVICES ARE ALSO PROVIDED TO MOTEL-RESIDING AND OTHER LOW-INCOME FAMILIES AND INDIVIDUALS, WHICH INCLUDE FOOD, RESOURCES, HYGIENE SUPPLIES, FAMILY NIGHTS WITH MEALS AND EDUCATION, AND A HOLIDAY PARTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Dorshimer Chief Executive Officer | Officer | 2 | $9,416 |
Michael Marsico Chief Clinical Officer Thru October | Officer | 2 | $3,569 |
Amy Henderson Chief Financial Officer | Officer | 1 | $3,184 |
Rodney Bellendir Treasurer | OfficerTrustee | 1 | $0 |
Sam Cordovano President | OfficerTrustee | 1 | $0 |
Bob Bruce Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $232,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $94,754 |
| Noncash contributions included in lines 1a–1f | $1,175 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $327,504 |
| Total Program Service Revenue | $0 |
| Investment income | $1 |
| 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 | $327,505 |
| 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. | $18,973 |
| Compensation of current officers, directors, key employees. | $7,548 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $217,746 |
| Pension plan accruals and contributions | $2,433 |
| Other employee benefits | $7,683 |
| Payroll taxes | $15,047 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,448 |
| Advertising and promotion | $0 |
| Office expenses | $13,929 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,774 |
| Travel | $2,831 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,128 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,786 |
| Insurance | $5,086 |
| All other expenses | $744 |
| Total functional expenses | $419,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,733 |
| Savings and temporary cash investments | $9,203 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $61,023 |
| 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 | $54,229 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $109,367 |
| Total assets | $311,555 |
| Accounts payable and accrued expenses | $13,452 |
| 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 | $77,586 |
| Total liabilities | $91,038 |
| Net assets without donor restrictions | $215,656 |
| Net assets with donor restrictions | $4,861 |
| 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 | $311,555 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Colfax Community Network Inc has recieved totaling $33,161.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $28,161 |
Hubbard Family Foundation Inc Indianapolis, IN PURPOSE: OPERATING SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Life Link Santa Fe, NM | $3,097,508 | $7,396,927 |
Year One Inc Denver, CO | $3,272,334 | $5,406,313 |
Boys & Girls Club Of Oklahoma County Inc Oklahoma City, OK | $13,692,559 | $7,392,530 |
Millard United Sports Omaha, NE | $2,238,363 | $3,321,799 |
Tulsa Dream Center Inc Tulsa, OK | $4,560,115 | $3,603,226 |
I C A N Improving Chandlers Area Neighborhoods Chandler, AZ | $6,559,702 | $3,730,734 |
Hope Center Inc Omaha, NE | $5,012,297 | $2,174,111 |
Keshet Dance Company Albuquerque, NM | $2,760,894 | $1,143,007 |
Boys And Girls Clubs Of Central Arizona Prescott, AZ | $1,883,373 | $1,068,483 |
Solid Rock Foundation Phoenix, AZ | $4,392,935 | $1,476,071 |
Papillion Recreational Organization Papillion, NE | $614,737 | $995,726 |
Future For Kids Tempe, AZ | $849,271 | $954,313 |