Civic Intelligence

Ready to Work Aurora

EIN 82-3582806 • 501(c)3 • Boulder, CO

Profile

Ready to Work Aurora believes in, respects and empowers people who are experiencing homelessness. We connect them to housing and employment opportunities so they can realize and embrace their future.

5345 Arapahoe Avenue 5Boulder, CO 80303

n/A

Siviq Scores

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

Liabilities / Assets

94th percentile

1.04x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

2.42x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

14th percentile

-21%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

10th percentile

-17%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

22%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$4,411,788

Down $923,560 (-17%) from 2023

Liabilities

Down

$4,589,280

Down $531,974 (-10%) from 2023

Net Assets

Down

-$177,492

Down $391,586 (-183%) from 2023

Operations
Liabilities / Revenue94th percentileNet Margin14th percentile

Revenue

Up

$1,899,873

Up $341,909 (+22%) from 2023

Expenses

Up

$2,291,459

Up $157,197 (+7.4%) from 2023

Net Income

Up

-$391,586

Up $184,712 (+32%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2018: $5,227,860Liabilities 2018: $4,785,818Net Assets 2018: $442,0422018Assets 2019: $4,801,257Liabilities 2019: $4,425,912Net Assets 2019: $375,3452019Assets 2020: $5,214,937Liabilities 2020: $4,434,908Net Assets 2020: $780,0292020Assets 2021: $5,077,262Liabilities 2021: $4,462,091Net Assets 2021: $615,1712021Assets 2022: $7,059,917Liabilities 2022: $6,269,525Net Assets 2022: $790,3922022Assets 2023: $5,335,348Liabilities 2023: $5,121,254Net Assets 2023: $214,0942023Assets 2024: $4,411,788Liabilities 2024: $4,589,280Net Assets 2024: -$177,4922024

Highlighted filing

2024

Assets$4,411,788
Liabilities$4,589,280
Net Assets-$177,492
Open 2024 Filing

Operations Trend

Revenue Growth70th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $662,075Expenses 2018: $220,033Net Income 2018: $442,0422018Revenue 2019: $1,739,411Expenses 2019: $1,806,108Net Income 2019: -$66,6972019Revenue 2020: $2,323,523Expenses 2020: $1,918,839Net Income 2020: $404,6842020Revenue 2021: $1,701,663Expenses 2021: $1,866,521Net Income 2021: -$164,8582021Revenue 2022: $2,192,507Expenses 2022: $2,017,286Net Income 2022: $175,2212022Revenue 2023: $1,557,964Expenses 2023: $2,134,262Net Income 2023: -$576,2982023Revenue 2024: $1,899,873Expenses 2024: $2,291,459Net Income 2024: -$391,5862024

Highlighted filing

2024

Revenue$1,899,873
Expenses$2,291,459
Net Income-$391,586
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,411,788
Liabilities
$4,589,280
Net assets
-$177,492
Revenue
$1,899,873
Expenses
$2,291,459
Net income
-$391,586
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.41$4.59$0.18$1.90$2.29$0.39
2023Detailed filing. Detailed filing data is available for this year.$5.34$5.12$0.21$1.56$2.13$0.58
2022Detailed filing. Detailed filing data is available for this year.$7.06$6.27$0.79$2.19$2.02$0.18
2021Detailed filing. Detailed filing data is available for this year.$5.08$4.46$0.62$1.70$1.87$0.16
2020Detailed filing. Detailed filing data is available for this year.$5.21$4.43$0.78$2.32$1.92$0.40
2019Detailed filing. Detailed filing data is available for this year.$4.80$4.43$0.38$1.74$1.81$0.07
2018Detailed filing. Detailed filing data is available for this year.$5.23$4.79$0.44$0.66$0.22$0.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 22, 2025
Return Version
2024v5.1
Gross Receipts
$1,931,910
Mission and Program Overview

Mission

Ready To Work Aurora's mission is to provide resources which lead to employment, housing, personal stability and healing.

Ready to Work Aurora believes in, respects, and empowers people who are experiencing homelessness. We connect them to housing and employment opportunities so they can realize and embrace their future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,875,638$4,233,522▲ $357,884
Cash and Non-Interest-Bearing Accounts$282,519$58,909▼ $223,610
Accounts Receivable$51,491$58,605▲ $7,114
Savings and Temporary Cash Investments$25,583$47,347▲ $21,764
Inventories for Sale or Use$6,826$6,053▼ $773
Pledges and Grants Receivable$167,065$4,018▼ $163,047
Prepaid Expenses and Deferred Charges$31,364$3,334▼ $28,030
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$5,335,348$4,411,788▼ $923,560
Other Assets Total$894,862$0▼ $894,862
Liabilities
Other Liabilities$5,034,745$4,485,662▼ $549,083
Accounts Payable and Accrued Expenses$82,001$103,618▲ $21,617
Deferred Revenue$4,508$0▼ $4,508
Total Liabilities$5,121,254$4,589,280▼ $531,974
Net Assets / Fund Balance
Net Assets With Donor Restrictions$98,145--
Net Assets Without Donor Restrictions$115,949$-177,492▼ $293,441
Total Net Assets Fund Balance$214,094$-177,492▼ $391,586
Total Liabilities and Net Assets / Fund Balance$5,335,348$4,411,788▼ $923,560

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,614,417$567,139$4,181,556
Land$564,000-$564,000
Equipment$36,536$72,003$108,539
Other Land Buildings$18,569$42,795$61,364
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleOtherTotal
Melissa GreenCEO$135,220$135,220
Susan RinconFinance Director$105,561$105,561

Board Members and Trustees

NameTitle
Marques IveyChair/ President
Chuck LiefInterim President
Danny HassanVice President
Candace MoonDirector
Dave MauroDirector
Nancy JacksonDirector
Steve BarberDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$612,367
Program Service Revenue
$847,616
Investment Income
$-24,089
Other Revenue
$463,979
All Other Contributions
$334,922
Change in Net Assets
$-391,586
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,739,642
Other Expenses$454,152
Total Fundraising Expense$121,600
Grants and Similar Amounts Paid$97,665
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,327,555$149,628$110,961$1,588,144
Depreciation Depletion$120,209--$120,209
Payroll Taxes$74,000$24,203$8,051$106,254
Grants to Domestic Individuals$97,665--$97,665
Occupancy$92,831$716-$93,547
Insurance$44,611$12,086-$56,697
Interest-$53,298-$53,298
Other Employee Benefits$40,900$4,344-$45,244
Information Technology$23,609$9,303$1,061$33,973
Other Expenses$15,042$1,364$28$15,042
Office Expenses$3,471$1,292$554$5,317
Fees for Services Accounting-$4,220-$4,220
Advertising$50$113$945$1,108
Total Functional Expenses$1,909,292$260,567$121,600$2,291,459
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,867
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Denim & Emeralds$60,314$0$2,219$-2,219
Event 2-$0-$0
Total Events$60,314$0$5,867$-5,867
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Payables$4,356,000
Operating Lease Obligations$129,662
Federal Income Taxes$0
New Market Tax Credit payables-
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15

“The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions.”

Form 990, Part VI, Line 6 Classes of members or stockholders

“Bridge House is the sole voting member of the corporation.”

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

“As the sole member, Bridge House has the power to elect the board of directors annually.”

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

“As the sole member, Bridge House has the power to adopt, revise, and revoke the organization's bylaws and articles.”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“Form 990 is prepared by an independent CPA firm and reviewed in detail by the Director of Finance, CEO, and Finance Committee. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.”

Form 990, Part VI, Line 12C Conflict of interest policy

“The organization requires all officers and board members to annually complete and sign the conflict-of-interest questionnaire. The board chair, the CEO, and the Director of Finance are responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict-of-interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

Form 990, Part VI, Line 19 Required documents available to the public

“The governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Ready to Work Aurora
EIN
82-3582806
Phone
3034428300
Address
5345 Arapahoe Avenue 5, Boulder, CO 80303

Signing Officer

Name
Melissa Green
Title
CEO
Phone
3034428300
Signed
2025-05-22
Discuss with paid preparer
Yes

Organization Details

Formed
2017
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
123
Volunteers
351

Preparer

Firm
CRI Capin Crouse Advisors LLC
Address
345 Massachusetts Ave Suite 300, Indianapolis, IN 46204
Preparer
Andrea Salamy
Phone
5055022746
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IRS990/Desc0Bridge House's Ready to Work program is a "work-first" solution to address homelessness. Ready to Work applies a business approach toward solving increasingly difficult and expensive social problems - Homelessness, joblessness, and criminal recidivism. Founded on the belief that when given the opportunity individuals experiencing homelessness can and are willing to work, Ready to Work creates paid transitional work opportunities as the core element of a comprehensive program providing a pathway to independence for men and women experiencing homelessness. Ready to Work trainees participate in three elements of the program including paid work in a ready to work social enterprise; housing in a supportive, communal setting called Ready to Work House; and participating in case management for one year before graduating to mainstream employment and independent housing. Immediately upon acceptance into Ready to Work participants are contributing members of the community. Ready to Work House residents go to work every day, pay taxes, pay room and board, and call Ready to Work House home for one year. Currently, the program offers employment and housing to 50 men and women.
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