Boulder Treasures Inc

Nonprofit profile at a glance

EIN
464099034
IRS 990 coverage
2014–2023
Forms available
Form 990 2023, Form 990-EZ 2013
Location
Boulder, CO, USA
Phone
7203402203
Rating confidence
Limited
Sector
Job Training

Reported finances

Revenue
$-12,632
Expenses
$349,471
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • ANDREW C MINDEN (CHAIR-PRESIDENT/CEO)

People named in this filing

  • ANDREW C MINDEN (CHAIR-PRESIDENT/CEO)
  • DONNA CATALANO (VICE CHAIR)
  • LUKE MAUSE (TREASURER/CFO)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of boulder treasures is to create pathways to purpose and community for adults with developmental disabilities.

What it reported doing in 2023

Independent, sustainable employment in the community: ramble opportunities operates a job training apprentice program within our retail stores - ramble on pearl and ramble marketplace. Our program showcases the employability of our apprentices to future employers, while enhancing our customers' awareness of the ability of individuals with intellectual and developmental disabilities to contribute to their communities. As of june 30, 2024 fifty-eight individuals have participated in the organization's apprenticeship program, thirty-four of which have been successfully placed into sustainable, independent employment.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Grant intermediary. The nonprofit sent 72% of its reported program spending out as grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 93
  • Accountability: 82
  • Sustainability: 9
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 97.1%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -2,866.6%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 4.3% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 1.7% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 8.3% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 97.1% of spending went to programs
  • Governance: 8 of 8 board members independent · 4 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $339K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 10 filing years from 2014 to 2023
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.