Civic Intelligence

Colorado Women'S Employment & Education

EIN 74-2202303 • 501(c)3 • Denver, CO

Profile

Cwee fosters personal and professional transformation for low-income families through confidence building, customized skills training, and career advancement.

1175 Osage Street Suite 300Denver, CO 80204

www.cwee.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

51st percentile

0.13x

Higher debt load relative to assets than 51% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

57th percentile

0.21x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

20th percentile

-9.3%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

73rd percentile

$199,161

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

22nd percentile

-4.1%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

23rd percentile

-8.4%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Down

$6,494,310

Down $276,340 (-4.1%) from 2024

Liabilities

Down

$833,758

Down $216,096 (-21%) from 2024

Net Assets

Down

$5,660,552

Down $60,244 (-1.1%) from 2024

Revenue

Down

$4,003,621

Down $367,116 (-8.4%) from 2024

Expenses

Up

$4,376,289

Up $237,093 (+5.7%) from 2024

Net Income

Down

-$372,668

Down $604,209 (-261%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,446,774Liabilities 2010: $339,720Net Assets 2010: $2,107,0542010Assets 2011: $2,775,958Liabilities 2011: $324,743Net Assets 2011: $2,451,2152011Assets 2012: $2,916,006Liabilities 2012: $324,059Net Assets 2012: $2,591,9472012Assets 2013: $3,381,740Liabilities 2013: $109,335Net Assets 2013: $3,272,4052013Assets 2014: $3,354,696Liabilities 2014: $111,196Net Assets 2014: $3,243,5002014Assets 2015: $3,274,249Liabilities 2015: $84,853Net Assets 2015: $3,189,3962015Assets 2016: $3,357,032Liabilities 2016: $88,676Net Assets 2016: $3,268,3562016Assets 2017: $4,354,258Liabilities 2017: $992,330Net Assets 2017: $3,361,9282017Assets 2018: $4,716,262Liabilities 2018: $1,058,216Net Assets 2018: $3,658,0462018Assets 2019: $4,916,309Liabilities 2019: $1,033,837Net Assets 2019: $3,882,4722019Assets 2020: $5,093,806Liabilities 2020: $1,411,928Net Assets 2020: $3,681,8782020Assets 2021: $5,933,059Liabilities 2021: $1,461,466Net Assets 2021: $4,471,5932021Assets 2022: $5,914,548Liabilities 2022: $986,131Net Assets 2022: $4,928,4172022Assets 2023: $6,253,550Liabilities 2023: $978,700Net Assets 2023: $5,274,8502023Assets 2024: $6,770,650Liabilities 2024: $1,049,854Net Assets 2024: $5,720,7962024Assets 2025: $6,494,310Liabilities 2025: $833,758Net Assets 2025: $5,660,5522025

Highlighted filing

2025

Assets$6,494,310
Liabilities$833,758
Net Assets$5,660,552

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,869,2022010Expenses 2011: $1,799,0522011Expenses 2012: $1,673,8652012Expenses 2013: $1,390,2872013Revenue 2014: $1,338,470Expenses 2014: $1,483,198Net Income 2014: -$144,7282014Revenue 2015: $1,780,449Expenses 2015: $1,758,885Net Income 2015: $21,5642015Revenue 2016: $2,033,203Expenses 2016: $1,922,059Net Income 2016: $111,1442016Revenue 2017: $2,162,755Expenses 2017: $2,169,007Net Income 2017: -$6,2522017Revenue 2018: $2,934,568Expenses 2018: $2,727,524Net Income 2018: $207,0442018Revenue 2019: $3,244,966Expenses 2019: $2,971,298Net Income 2019: $273,6682019Revenue 2020: $3,323,994Expenses 2020: $3,128,189Net Income 2020: $195,8052020Revenue 2021: $3,530,965Expenses 2021: $3,395,501Net Income 2021: $135,4642021Revenue 2022: $4,615,932Expenses 2022: $3,559,520Net Income 2022: $1,056,4122022Revenue 2023: $4,325,689Expenses 2023: $4,225,486Net Income 2023: $100,2032023Revenue 2024: $4,370,737Expenses 2024: $4,139,196Net Income 2024: $231,5412024Revenue 2025: $4,003,621Expenses 2025: $4,376,289Net Income 2025: -$372,6682025

Highlighted filing

2025

Revenue$4,003,621
Expenses$4,376,289
Net Income-$372,668

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.49$0.83$5.66$4.00$4.38$0.37
2024Detailed filing. Detailed filing data is available for this year.$6.77$1.05$5.72$4.37$4.14$0.23
2023Detailed filing. Detailed filing data is available for this year.$6.25$0.98$5.27$4.33$4.23$0.10
2022Detailed filing. Detailed filing data is available for this year.$5.91$0.99$4.93$4.62$3.56$1.06
2021Detailed filing. Detailed filing data is available for this year.$5.93$1.46$4.47$3.53$3.40$0.14
2020Detailed filing. Detailed filing data is available for this year.$5.09$1.41$3.68$3.32$3.13$0.20
2019Detailed filing. Detailed filing data is available for this year.$4.92$1.03$3.88$3.24$2.97$0.27
2018Detailed filing. Detailed filing data is available for this year.$4.72$1.06$3.66$2.93$2.73$0.21
2017Detailed filing. Detailed filing data is available for this year.$4.35$0.99$3.36$2.16$2.17$0.01
2016Detailed filing. Detailed filing data is available for this year.$3.36$0.09$3.27$2.03$1.92$0.11
2015Detailed filing. Detailed filing data is available for this year.$3.27$0.08$3.19$1.78$1.76$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.35$0.11$3.24$1.34$1.48$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.11$3.27$1.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$0.32$2.59$1.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.78$0.32$2.45$1.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$0.34$2.11$1.87
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$4,052,487
Mission and Program Overview

Mission

Cwee fosters personal and professional transformation for low-income single parent families.

Cwee fosters personal and professional transformation for low-income families through confidence building, customized skills training, and career advancement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,050,243$3,108,819▲ $58,576
Investments Other Securities$1,284,135$1,406,902▲ $122,767
Land, Buildings, and Equipment, Net$1,200,681$1,184,638▼ $16,043
Cash and Non-Interest-Bearing Accounts$769,625$399,473▼ $370,152
Accounts Receivable$235,925$301,893▲ $65,968
Pledges and Grants Receivable$174,425$60,280▼ $114,145
Prepaid Expenses and Deferred Charges$11,360$9,859▼ $1,501
Total Assets$6,770,650$6,494,310▼ $276,340
Other Assets Total$44,256$22,446▼ $21,810
Liabilities
Mortgage Notes Payable Secured by Investment Property$599,159$557,466▼ $41,693
Accounts Payable and Accrued Expenses$398,723$251,439▼ $147,284
Other Liabilities$51,972$24,853▼ $27,119
Total Liabilities$1,049,854$833,758▼ $216,096
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,169,279$5,229,482▲ $60,203
Net Assets With Donor Restrictions$551,517$431,070▼ $120,447
Total Net Assets Fund Balance$5,720,796$5,660,552▼ $60,244
Total Liabilities and Net Assets / Fund Balance$6,770,650$6,494,310▼ $276,340

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$914,338$862,672$1,777,010
Leasehold Improvements$238,301$61,777$300,078
Equipment$31,999$35,422$67,421
Other Securities$1,112,313--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$284,460-▲ $27,184$14,030$294,590
2023$276,200-▲ $25,341$14,242$284,460
2022$258,858-▲ $19,971-$276,200
2021$303,326-▼ $41,494-$258,858
2020$262,802-▲ $56,278$12,977$303,326
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Catherine HorlePresident/CEOFT$199,161$199,161
Clayton Gonzales-res 7725Chief Program OfficerFT$156,672$156,672
Elizabeth Robertson-res 4125Chief People OfficerFT$146,224$146,224
Christine PenningtonAccountantPT$97,641$97,641
Brittany Iwaszkiw-strt 82124Cheif Development OfficerFT$32,401$32,401

Board Members and Trustees

NameTitle
Keith PetersonChair
Susan HillPast Chair
Katie ElsnerVice Chair
Arfa HasanDirector
Catherine SheaDirector
Maureen PasqueleDirector
Pax MoultrieDirector
Tara FriedmanDirector
Charlton RuggSecretary
Latonya KeatonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$468,025
Program Service Revenue
$3,438,596
Investment Income
$95,172
Other Revenue
$1,828
All Other Contributions
$468,025
Change in Net Assets
$-372,668

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,998,620
Revenue Not Reported on Financial Statements
$5,001
Revenue Not Reported on Form 990
$317,425
Total Revenue per Audited Statements
$4,316,045
Total Revenue per Form 990
$4,003,621
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,581,918
Other Expenses$794,371
Total Fundraising Expense$470,184
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,954,113$127,585$257,584$2,339,282
Payroll Taxes$532,604$68,247$86,724$687,575
Current Officers, Directors, Trustees, and Key Employees$430,787$60,219$64,055$555,061
Fees for Services Accounting$25,844$228,944$12,137$266,925
Occupancy$140,731$10,908$9,644$161,283
Depreciation Depletion$71,234$5,521$4,881$81,636
Interest$20,941$1,625$1,506$24,072
All Other Expenses$1,810$7,690$10,272$19,772
Information Technology-$18,560-$18,560
Other Expenses$14,946$1,220$2,016$18,182
Insurance$11,428$886$783$13,097
Office Expenses$8,935$531$2,975$12,441
Travel$9,285$601$1,029$10,915
Advertising--$3,403$3,403
Total Functional Expenses$3,365,874$540,231$470,184$4,376,289

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,376,289
Total Expenses per Audited Statements$4,376,289
Total Expenses per Form 990$4,376,289
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$22,446
Finance Lease Liabilty$2,407
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The executive committee, to the extent permitted by applicable statutes, (i) have the authority of the board of directors between the regular meetings of such board and (ii) perform such other duties as delegated to it by the board of directors. The delegation of authority to the executive committee shall not operate to relieve the board of directors or any individual director of any responsibility imposed upon him by law. Actions of the executive committee will be ratified by the board of directors at the subsequent meeting of the board. Unless otherwise determined by the executive committee, regular meetings of the executive committee shall be held at least once every quarter. In addition, special meetings may be called by the board chair at such time and place as the board chair shall designate.

Form 990, Part VI, Section B, Line 11B

The executive committee reviews the form 990 in detail prior to it being filed. The form 990 is then provided to the board of directors and presented to the board of directors by the organization's accounting firm before it is filed.

Form 990, Part VI, Section B, Line 12C

Annually, the board members are asked if there have been any changes that would cause a conflict of interest with the organization. If any conflicts arise, the board members recuse themselves on voting on any matters pertaining to the conflict.

Form 990, Part VI, Section B, Line 15

As part of cwee's reorganization in summer of 2020, new salary bands were established across all levels of the organization and are reviewed in detail every other year. In may of 2022, cwee's director of culture and talent performed extensive research and received consultation from employers council on best practices in base pay and compensation. Direct service positions are now aligned with the midpoint for similar positions within denver human services and grouped accordingly. Non-direct service positions are aligned with competitive wages across all three inputs; groupings for these roles were determined by aligning midpoint in the appropriate band as many of these positions serve one specific function that is not shared with other roles with the organization. Cwee's board of directors approved the salary band recommendations. Staff salaries were adjusted july 1, 2022.

Form 990, Part VI, Section C, Line 19

The audited financial statements, by-laws and conflict of interest policy are posted on the organization's website.

Filing and Contact Details

Filer

Filer Name
COLORADO WOMEN'S EMPLOYMENT & EDUCATION
EIN
74-2202303
Phone
3038928444
Address
1175 OSAGE STREET SUITE 300, DENVER, CO 80204
Doing Business As
Center for Work Education & Empl

Signing Officer

Name
Catherine Horle
Title
President/CEO
Phone
3038928444
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine Horle
Formed
1982
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
10
Employees
49
Volunteers
50

Preparer

Firm
Wipfli Advisory LLC
Address
3615 DELGANY ST SUITE 500, DENVER, CO 80216
Preparer
Leanna Velotta Ea
Phone
3037590089
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of beneficial interest 24,160.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in value of beneficial interest 24,160.

Raw XML AppendixShowing 400 of 599 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0CWEE FOSTERS PERSONAL AND PROFESSIONAL TRANSFORMATION FOR LOW-INCOME FAMILIES THROUGH CONFIDENCE BUILDING, CUSTOMIZED SKILLS TRAINING, AND CAREER ADVANCEMENT.
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