Civic Intelligence

Denver Asset Building Coalition

990 • Fiscal year 2017 • EIN 77-0646873

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

1600 N Downing Street No 250Denver, CO 80218

(303) 388-7030

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

59th percentile

7.4%

Higher net margin than 59% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

96th percentile

$69,215

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 31.1% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

81st percentile

38%

Faster asset growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

77th percentile

27%

Faster revenue growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$160,808

Up $44,542 (+38%) from 2016

Net Assets

$160,808

No earlier filing loaded for comparison.

Liabilities

Down

$0

Down $3,833 (-100%) from 2016

Revenue

Up

$222,844

Up $47,936 (+27%) from 2016

Expenses

Up

$206,379

Up $40,177 (+24%) from 2016

Net Income

Up

$16,465

Up $7,759 (+89%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $91,082Liabilities 2010: $5,602Net Assets 2010: $85,4802010Assets 2011: $104,438Liabilities 2011: $9,187Net Assets 2011: $95,2512011Assets 2012: $98,598Liabilities 2012: $7,246Net Assets 2012: $91,3522012Assets 2013: $96,325Liabilities 2013: $9,3982013Assets 2014: $105,278Liabilities 2014: $8,9702014Assets 2015: $106,533Liabilities 2015: $2,806Net Assets 2015: $103,7272015Assets 2016: $116,266Liabilities 2016: $3,8332016Assets 2017: $160,808Liabilities 2017: $0Net Assets 2017: $160,8082017Assets 2018: $167,875Liabilities 2018: $5,586Net Assets 2018: $162,2892018Assets 2019: $207,542Liabilities 2019: $7,889Net Assets 2019: $199,6532019Assets 2020: $339,556Liabilities 2020: $193,744Net Assets 2020: $145,8122020Assets 2021: $557,894Liabilities 2021: $193,745Net Assets 2021: $364,1492021Assets 2022: $494,566Liabilities 2022: $125,520Net Assets 2022: $369,0462022Assets 2023: $503,199Liabilities 2023: $119,613Net Assets 2023: $383,5862023Assets 2024: $714,936Liabilities 2024: $113,169Net Assets 2024: $601,7672024

Highlighted filing

2017

Assets$160,808
Liabilities$0
Net Assets$160,808

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $123,9572010Revenue 2011: $210,872Expenses 2011: $132,479Net Income 2011: $78,3932011Revenue 2012: $146,451Expenses 2012: $150,350Net Income 2012: -$3,8992012Revenue 2013: $152,492Expenses 2013: $157,017Net Income 2013: -$4,5252013Revenue 2014: $154,113Expenses 2014: $144,732Net Income 2014: $9,3812014Revenue 2015: $161,129Expenses 2015: $153,711Net Income 2015: $7,4182015Revenue 2016: $174,908Expenses 2016: $166,202Net Income 2016: $8,7062016Revenue 2017: $222,844Expenses 2017: $206,379Net Income 2017: $16,4652017Revenue 2018: $261,134Expenses 2018: $259,653Net Income 2018: $1,4812018Revenue 2019: $348,928Expenses 2019: $311,564Net Income 2019: $37,3642019Revenue 2020: $291,681Expenses 2020: $345,522Net Income 2020: -$53,8412020Revenue 2021: $597,896Expenses 2021: $379,558Net Income 2021: $218,3382021Revenue 2022: $481,600Expenses 2022: $476,703Net Income 2022: $4,8972022Revenue 2023: $500,171Expenses 2023: $485,631Net Income 2023: $14,5402023Revenue 2024: $664,563Expenses 2024: $446,382Net Income 2024: $218,1812024

Highlighted filing

2017

Revenue$222,844
Expenses$206,379
Net Income$16,465
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$222,844
Mission and Program Overview

Mission

The mission of the Denver Asset Building Coalition is to provide free tax preparation, tax legal services, financial education and financial services to low-income and underserved individuals and families to build for the future and become economically stable.

The mission of the denver asset building coalition is to provide free tax preparation, financial education and financial services to help low-income and underserved individuals and families build for the future and become economically stable.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$112,433$160,808▲ $48,375
Cash and Non-Interest-Bearing Accounts$67,475$81,607▲ $14,132
Accounts Receivable$45,000$78,700▲ $33,700
Land, Buildings, and Equipment, Net$2,943$0▼ $2,943
Prepaid Expenses and Deferred Charges$848$501▼ $347
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$116,266$160,808▲ $44,542
Liabilities
Other Liabilities$3,833$0▼ $3,833
Total Liabilities$3,833$0▼ $3,833
Net Assets / Fund Balance
Total Net Assets Fund Balance$112,433$160,808▲ $48,375
Total Liabilities and Net Assets / Fund Balance$116,266$160,808▲ $44,542
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Geoff BrownExecutive DirectorFT$63,215$6,000$69,215

Board Members and Trustees

NameTitle
Melissa WoodBoard President
John BeltroneVice President
Alina NikishinaDirector
Angie SchmidtDirector
Daniel LozowDirector
Greg DifalcoDirector
Jeffrey FrancoDirector
Masum MuttalibDirector
Theresa SherryDirector
Tracie MillerDirector
Wenda FerrellDirector
Norah LovatoSecretary
Nathan OberleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$222,844
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$156,644
Change in Net Assets
$16,465
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$167,504
Other Expenses$38,875
Total Fundraising Expense$12,686
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$64,972$9,617$5,293$79,882
Current Officers, Directors, Trustees, and Key Employees$51,416$7,610$4,189$63,215
Other Employee Benefits$11,458$1,696$933$14,087
Occupancy$10,771$1,594$878$13,243
Payroll Taxes$8,394$1,242$684$10,320
Insurance$2,336$2,260$190$4,786
Office Expenses$2,332$345$190$2,867
Fees for Services Accounting-$1,979-$1,979
Information Technology$1,246$185$102$1,533
All Other Expenses$198$452$16$666
Depreciation Depletion$537$79$44$660
Travel$523$77$43$643
Conferences and Meetings$353$52$29$434
Other Expenses$1,161$380$95$380
Advertising-$275-$275
Fees for Services Other$42$101-$143
Total Functional Expenses$165,577$28,116$12,686$206,379
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Board reviews and approves the form 990 before filing.

Form 990, Part VI, Section B, Line 15

Officer's salaries are determined during annual executive session meeting. Board uses comparability data from the most recent guidestar compensation report for organizations of a similar size to determine reasonableness.

Form 990, Part VI, Section C, Line 19

Denver asset building coalition's governing documents are available for public review in their office during normal business hours (m-f 9:00am - 5:00pm) with 48-hours notice. Arrangements need to be made to have a staff member present because the organization provides services throughout the denver metro area and the office is not always staffed during regular business hours.

Filing and Contact Details

Filer

Filer Name
Denver Asset Building Coalition
EIN
77-0646873
Phone
3033887030
Address
1600 N DOWNING STREET NO 250, DENVER, CO 80218

Signing Officer

Name
Geoff Brown
Title
Executive Director
Phone
3033887030
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Geoff Brown
Formed
2005
Legal Domicile
Co
Voting Board Members
12
Independent Board Members
12
Employees
5
Volunteers
132

Preparer

Firm
Hanson & Co Cpas
Address
4100 E MISSISSIPPI AVE 17TH FL, DENVER, CO 80246
Preparer
Nathan R Galuzzi CPA
Phone
3033881010
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/OtherExpensesGrp/Desc1DISPOSITION OF ASSETS
IRS990/OtherExpensesGrp/Desc2TELEPHONE & INTERNET
IRS990/OtherExpensesGrp/Desc3LATE PAYMENT CHARGES
IRS990/OtherExpensesGrp/FundraisingAmt095
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0172
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1380
IRS990/OtherExpensesGrp/ProgramServicesAmt07555
IRS990/OtherExpensesGrp/ProgramServicesAmt12283
IRS990/OtherExpensesGrp/ProgramServicesAmt21161
IRS990/OtherExpensesGrp/TotalAmt07555
IRS990/OtherExpensesGrp/TotalAmt12283
IRS990/OtherExpensesGrp/TotalAmt21428
IRS990/OtherExpensesGrp/TotalAmt3380
IRS990/OtherLiabilitiesGrp/BOYAmt03833
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05293
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09617
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt064972
IRS990/OtherSalariesAndWagesGrp/TotalAmt079882
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0684
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01242
IRS990/PayrollTaxesGrp/ProgramServicesAmt08394
IRS990/PayrollTaxesGrp/TotalAmt010320
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0848
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0501
IRS990/PrincipalOfficerNm0GEOFF BROWN
IRS990/PriorPeriodAdjustmentsAmt031910
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0174852
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt056
IRS990/PYOtherExpensesAmt040655
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt08706
IRS990/PYSalariesCompEmpBnftPaidAmt0125547
IRS990/PYTotalExpensesAmt0166202
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0174908
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt016465
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0112433
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0160808
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0222844
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0174852
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0158128
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0153438
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0144160
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0853422
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt056
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt054
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0111
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95040
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt0811206
IRS990ScheduleA/SubstantialContributorsTotAmt042216
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0222844
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0174852
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0158128
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0153438
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0144160
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0853422
IRS990ScheduleA/TotalSupportAmt0853533
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEWS AND APPROVES THE FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICER'S SALARIES ARE DETERMINED DURING ANNUAL EXECUTIVE SESSION MEETING. BOARD USES COMPARABILITY DATA FROM THE MOST RECENT GUIDESTAR COMPENSATION REPORT FOR ORGANIZATIONS OF A SIMILAR SIZE TO DETERMINE REASONABLENESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DENVER ASSET BUILDING COALITION'S GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC REVIEW IN THEIR OFFICE DURING NORMAL BUSINESS HOURS (M-F 9:00AM - 5:00PM) WITH 48-HOURS NOTICE. ARRANGEMENTS NEED TO BE MADE TO HAVE A STAFF MEMBER PRESENT BECAUSE THE ORGANIZATION PROVIDES SERVICES THROUGHOUT THE DENVER METRO AREA AND THE OFFICE IS NOT ALWAYS STAFFED DURING REGULAR BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0116266
IRS990/TotalAssetsEOYAmt0160808
IRS990/TotalAssetsGrp/BOYAmt0116266
IRS990/TotalAssetsGrp/EOYAmt0160808
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0222844
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012686
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028116
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0165577
IRS990/TotalFunctionalExpensesGrp/TotalAmt0206379
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03833
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt03833
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0112433
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0160808
IRS990/TotalOtherCompensationAmt06000
IRS990/TotalProgramServiceExpensesAmt0165577
IRS990/TotalReportableCompFromOrgAmt063215
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0222844
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0132
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0116266
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0160808
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt043
IRS990/TravelGrp/ManagementAndGeneralAmt077
IRS990/TravelGrp/ProgramServicesAmt0523
IRS990/TravelGrp/TotalAmt0643
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01600 N DOWNING STREET NO 250
IRS990/USAddress/CityNm0DENVER
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080218
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0HTTP://WWW.DENVERABC.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GEOFF BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.15$1.13$6.02$6.65$4.46$2.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.03$1.20$3.84$5.00$4.86$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.95$1.26$3.69$4.82$4.77$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.58$1.94$3.64$5.98$3.80$2.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.40$1.94$1.46$2.92$3.46$0.54
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.08$2.00$3.49$3.12$0.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.06$1.62$2.61$2.60$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$2.23$2.06$0.16
2016Summary only. Only limited summary data is available for this year.$1.16$0.04$1.75$1.66$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.07$0.03$1.04$1.61$1.54$0.07
2014Summary only. Only limited summary data is available for this year.$1.05$0.09$1.54$1.45$0.09
2013Summary only. Only limited summary data is available for this year.$0.96$0.09$1.52$1.57$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.07$0.91$1.46$1.50$0.04
2011Summary only. Only limited summary data is available for this year.$1.04$0.09$0.95$2.11$1.32$0.78
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.06$0.85$1.24