Colorado Thrives

Organization Overview

Colorado Thrives is located in Denver, CO. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Colorado Thrives employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Thrives 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 12/2023, Colorado Thrives generated $370.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $641.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Colorado Thrives has awarded 11 individual grants totaling $291,000. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

COLORADO THRIVES EXISTS TO ADVANCE COLORADO AS AN INSPIRING AND INCLUSIVE COMMUNITY KNOWN GLOBALLY FOR INNOVATION, COLLABORATION, AND OVERALL WELL-BEING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PARTNERSHIPS WITH WORKFORCE DEVELOPMENT ORGANIZATIONS TO PROVIDE START UP BUSINESSES AND NONPROFIT ORGANIZATIONS THE TOOLS TO ADRESS THE MARKET CHALLENGES THROUGH PROVIDED TRAINING AND MENTORSHIP.


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)Compensation
Kent Thiry
Chair
$0
Mike Fries
Vice Chair
$0
Dan Caruso
Treasurer
$0
Steve Rendle
Director
$0
Jim Kelly
Director
$0
Jandel Allen-Davis MD
Director
$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$370,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$370,000
Total Program Service Revenue$0
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 $370,000

Grants Awarded

Over the last fiscal year, Colorado Thrives has awarded $141,000 in support to 4 organizations.

Grant RecipientAmount

COLORADO NON-PROFIT DEVELOPMENT CENTER

PURPOSE: Grant for unrestricted use in development.

$16,000

ADVANCE EDU

PURPOSE: Grant for operational purposes and unrestricted use in education services.

$42,500

BREAKTHROUGH ALLIANCE OF COLORADO INC

PURPOSE: Grant for unrestricted use in programs for technology incubation.

$75,000

AI EDUCATION PROJECT - THE AMERICAN AI FORUM

PURPOSE: Grant for operational purposes and unrestricted use in education services.

$7,500
View Grant Profile

Peer Organizations

Organization NameAssets
Community Investment Corporation
Tucson, AZ
$29,133,218
Cplc Texas Inc
Phoenix, AZ
$17,373,597
Rocky Mountain Community Reinvestment Corporation
Salt Lake City, UT
$16,862,552
Colorado Enterprise Fund Inc
Denver, CO
$18,269,112
Enterprise Center Of Johnson County
Overland Park, KS
$6,122,813
Local First Arizona Foundation
Phoenix, AZ
$6,889,263
Sfs Development Inc
Oklahoma City, OK
$5,329,083
Business Development Finance Corporation
Tucson, AZ
$4,460,265
Metafund Corporation
Edmond, OK
$4,117,417
Phoenix Community Development And Investment Corporation
Phoenix, AZ
$3,772,700
Belay Enterprises Inc
Aurora, CO
$2,116,628
West Community Economic Development Corporation
Denver, CO
$847,271
Pagosa Springs Community Development Corporation
Pagosa Springs, CO
$1,363,917
Lifting Generations Inc
Sandy, UT
$1,447,141
East Colfax Community Collective
Denver, CO
$2,851,028
Aya Foundation
Denver, CO
$1,281,459
Preferred Lending Partners
Denver, CO
$1,151,595
Spark
Omaha, NE
$758,136
Arizona Regional Economic Development Foundation
Sierra Vista, AZ
$690,328
Southern Colorado Economic Development District Inc
Pueblo, CO
$1,167,253
Duncan Area Economic Development Foundation
Duncan, OK
$5,295,425
Southside Redevelopment Corporation
Omaha, NE
$23,871,890
Indiana Valley Public Improvement Corporation
Lakewood, CO
$861,680
Mt Carmel Inc
Kansas City, KS
$524,696
Colorado Thrives
Denver, CO
$370,000

Create an account to unlock the data you need.

or