Caring for Denver Foundation
Nonprofit profile at a glance
- EIN
- 834062522
- IRS 990 coverage
- 2019–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025, Form 990-N 2018
- Location
- Denver, CO, US
- Phone
- 7206476376
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alcohol, Drug and Substance Abuse, Dependency Prevention and Treatment
Reported finances
- Revenue
- $53,380,023
- Expenses
- $46,362,272
- Assets
- $114,808,356
- Liabilities
- $37,867,044
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
18 people listed
Highest reported compensation
- LOREZ MEINHOLD (EXECUTIVE DI): $287,063 total reported compensation
- KATIE MCLOUGHLIN (DIRECTOR): $259,048 total reported compensation
- ANNE-MARIE BRAGA (DIRECTOR): $225,532 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To address Denver's mental health and substance misuse needs.
What it reported doing in 2025
In 2025, made 95 grants that align with caring for denver's mission and founding ordinance; provide increased access to and use of supports that improve mental health and substance misuse challenges; reach communities who have been impacted by trauma and inequitable access to resources and supports; are meaningful to the community, where they are, and in the forms that work for them; and, engage more individuals in ongoing support that stays aligned with their needs, even as needs change.
Operating model
- Revenue model
- Grant-funded. 93% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 83
- Accountability: 82
- Sustainability: 66
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.1%; rating input score 83
- Program expense ratio: 94.1%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 66th 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: 100%; rating input score 100; 81st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 76.9%; rating input score 77; 12th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 13.1%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 2.48; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.33; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 2.2%; rating input score 58; 58th percentile among comparable filings
Growth
- Program expense growth: 20.3% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 7.2% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 16.8% per year; rating input score 100; 89th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 83.1% of revenue deployed · 94.1% of spending went to programs
- Governance: 10 of 13 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $43.6M in reported program spending
- Leadership: top reported pay $287K · 18 people listed · 3 of 6 pay-setting controls reported
- Consistency: 32 of 32 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 7 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: 100 filed money-flow records
- Related organizations: 94 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: Other executive compensation review process not reported.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.
- Review — Sustainability: Officer compensation ratio scored 58/100.