Brent Eley Foundation

Nonprofit profile at a glance

EIN
841387528
IRS 990 coverage
2013–2025
Forms available
Form 990 2025
Location
Aurora, CO, USA
Phone
7203432800
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health - General and Rehabilitative N.E.C.

Official website

Reported finances

Revenue
$5,977,619
Expenses
$5,429,759
Assets
$25,171,793
Liabilities
$4,159,399

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • SEAN MEYERHOFFER (CEO)

Highest reported compensation

  • SEAN MEYERHOFFER (CEO): $260,501 total reported compensation
  • LAUREN MCCLANAHAN (VP OF OPER &): $180,804 total reported compensation
  • MONIQUE MCCOY (VP OF EXT AF): $170,216 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The brent eley foundation (dba brent's place) is committed to being a safe, supportive, long-term home filled with hope for families facing a life-threatening medical crisis. In addition to independent living accommodations, brent's place offers a variety of uniquely tailored programs and services for the entire family designed to help in the healing process.

What it reported doing in 2025

The brent eley foundation (dba brent's place) provides long-term, cost- free, medically safe housing and comprehensive support for families of pediatric and adult patients undergoing treatment for life-threatening illnesses at leading hospitals in the denver metro area. Stable housing removes one of the biggest barriers families face when relocating for treatment: the uncertainty of where to live. By eliminating housing insecurity, brent's place creates a foundation where healing can take root for the whole family-emotionally, physically, and financially. See schedule o for more details.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.8%; rating input score 74
  • Program expense ratio: 77.3%; rating input score 77
  • Fundraising efficiency: $3.49 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9.2%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 4.64; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 14.2%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 10.6% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 13.3% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 27.9% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 73.8% of revenue deployed · 77.3% of spending went to programs
  • Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $4.2M in reported program spending
  • Leadership: top reported pay $261K · 17 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 9/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.