Civic Intelligence

Colorado Coalition for the Homeless

EIN 84-1353047 • 501(c)3 • Denver, CO

Profile

To provide low income housing.

2111 Champa StreetDenver, CO 80205-2529

coloradocoalition.org

Siviq Scores

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

Liabilities / Assets

75th percentile

0.32x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

94th percentile

2.86x

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

501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

13th percentile

-23%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

90th percentile

$201,842

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 40.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

28th percentile

-3.5%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

1st percentile

-84%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Assets

Down

$4,499,883

Down $163,434 (-3.5%) from 2012

Liabilities

Down

$1,421,376

Down $50,220 (-3.4%) from 2012

Net Assets

Down

$3,078,507

Down $113,214 (-3.5%) from 2012

Revenue

Down

$497,693

Down $2,694,028 (-84%) from 2012

Expenses

Up

$610,907

Up $610,907 from 2012

Net Income

Down

-$113,214

Down $3,304,935 (-104%) from 2012

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $4,663,317Liabilities 2012: $1,471,596Net Assets 2012: $3,191,7212012Assets 2013: $4,499,883Liabilities 2013: $1,421,376Net Assets 2013: $3,078,5072013

Highlighted filing

2013

Assets$4,499,883
Liabilities$1,421,376
Net Assets$3,078,507

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $3,191,721Expenses 2012: $0Net Income 2012: $3,191,7212012Revenue 2013: $497,693Expenses 2013: $610,907Net Income 2013: -$113,2142013

Highlighted filing

2013

Revenue$497,693
Expenses$610,907
Net Income-$113,214

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 15, 2014
Return Version
2013v3.1
Gross Receipts
$497,693
Mission and Program Overview

Mission

To provide low income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,307,280$4,127,892▼ $179,388
Cash and Non-Interest-Bearing Accounts$301,317$346,958▲ $45,641
Accounts Receivable$41,458$14,168▼ $27,290
Prepaid Expenses and Deferred Charges$8,912$10,865▲ $1,953
Total Assets$4,663,317$4,499,883▼ $163,434
Other Assets Total$4,350--
Liabilities
Mortgage Notes Payable Secured by Investment Property$943,555$930,163▼ $13,392
Other Liabilities$459,446$415,908▼ $43,538
Accounts Payable and Accrued Expenses$68,595$75,305▲ $6,710
Total Liabilities$1,471,596$1,421,376▼ $50,220
Net Assets / Fund Balance
Unrestricted Net Assets$3,191,721$3,078,507▼ $113,214
Total Net Assets Fund Balance$3,191,721$3,078,507▼ $113,214
Total Liabilities and Net Assets / Fund Balance$4,663,317$4,499,883▼ $163,434

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,852,426$178,233$4,030,659
Land$275,000-$275,000
Leasehold Improvements$466$1,155$1,621
Compensation and Service Providers

Employees

NameTitleOtherTotal
Stan EilertVice President$130,773$130,773
Bill WindsorVice President$102,027$102,027

Board Members and Trustees

NameTitle
John ParvenskyPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$497,693
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-113,214
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$488,316
Salaries, Compensation, and Employee Benefits$122,591
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$257,787--$257,787
Depreciation Depletion$182,208--$182,208
Comp Disqual Persons$122,591--$122,591
Interest$45,550--$45,550
Office Expenses$2,771--$2,771
Total Functional Expenses$610,907$0$0$610,907
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
Cch Note$250,000
Federal income taxes$164,864
Cch Ahp Note$1,044
Cch Ahp Note Interest-
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The Form 990 is presented to the Board of Directors upon completion.

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

The Conflict of Interest Policy governs the activities of the board and staff of the Colorado Coalition for the Homeless. Questions about the policy should be directed to the President or Chair of the Board. It is the duty of all members and staff to be aware of this policy, and to identify conflicts of interest and situations that may result in the appearance of a conflict and to disclose those situations/conflicts/or potential conflicts to i the Chair of the Board ii the President or iii the employees supervisor or other designated person, as appropriate. This policy provides guidelines for identifying conflicts, disclosing conflicts, and procedures to be followed to manage conflicts of interest and situations that may result in the appearance of a conflict. The Chairperson of the Board and / or President will monitor proposed or ongoing transactions of the organization e.g. contract with vendors and collaborations with third parties for conflicts of intest and disclose them to the Board and staff, as appropriate, whether discovered before or after the transaction has occurred. Contact the Colorado Coalition for the Homeless for a complete copy of the Conflict of Interest policy.

Form 990, Part VI, Section B, Line 15 A B

The organization endeavors to provide a competitive total compensation opportunity consistent with the market practices for individuals possessing the experience and skills needed to improve the overal performance of the organization. The compensation committee administers the compensation program. The committee establishes and maintains a competitive compensation program for the key executives. Contact the Colorado Coalition for the Homeless for a complete copy of the Executive Compensation policy.

Form 990, Part VI, Section C, Line 19

Governing documents, the conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

EIN
84-1353047
Phone
3032932217

Signing Officer

Name
John Parvensky
Title
President
Signed
2014-08-15
Discuss with paid preparer
No

Organization Details

Principal Officer
J Parvensky
Formed
1996
Legal Domicile
Co
Voting Board Members
3
Independent Board Members
0
Employees
0
Supplemental Narrative

Financial Statement Notes

X 2

The Organization follows the Accounting for Uncertainty in Income Taxes accounting standard which requires the Organization to determine whether a tax position and the related tax benefit is more likely than not to be sustained upon examination by the applicable taxing authority, based solely on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement, presuming the tax position is examined by the appropriate taxing authorities that has knowledge of all relevant information. During the years ended December 31, 2013 and 2012, the Organizations management evaluated its tax positions to determine the existence of uncertainties, and did not note any matters that would require recognition or which may have an effect on its tax-exempt status.xxx

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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0The organizations CEOs compensation is paid by Colorado Coalition for the Homeless CCH. CCH endeavors to provide a competitive total compensation opportunity consistent with the market practices for individuals possessing the experience and skills needed to improve the overall performance of the organization. Its compensation committee administers the compensation program. The committee establishes and maintains a competitive compensation program for the key executives. Contact the Colorado Coalition for the Homeless for a complete copy of the Executive Compensation policy.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is presented to the Board of Directors upon completion.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Conflict of Interest Policy governs the activities of the board and staff of the Colorado Coalition for the Homeless. Questions about the policy should be directed to the President or Chair of the Board. It is the duty of all members and staff to be aware of this policy, and to identify conflicts of interest and situations that may result in the appearance of a conflict and to disclose those situations/conflicts/or potential conflicts to i the Chair of the Board ii the President or iii the employees supervisor or other designated person, as appropriate. This policy provides guidelines for identifying conflicts, disclosing conflicts, and procedures to be followed to manage conflicts of interest and situations that may result in the appearance of a conflict. The Chairperson of the Board and / or President will monitor proposed or ongoing transactions of the organization e.g. contract with vendors and collaborations with third parties for conflicts of intest and disclose them to the Board and staff, as appropriate, whether discovered before or after the transaction has occurred. Contact the Colorado Coalition for the Homeless for a complete copy of the Conflict of Interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization endeavors to provide a competitive total compensation opportunity consistent with the market practices for individuals possessing the experience and skills needed to improve the overal performance of the organization. The compensation committee administers the compensation program. The committee establishes and maintains a competitive compensation program for the key executives. Contact the Colorado Coalition for the Homeless for a complete copy of the Executive Compensation policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents, the conflict of interest policy, and financial statements are available to the public upon request.
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