Climb Inc
Nonprofit profile at a glance
- EIN
- 261945710
- IRS 990-EZ coverage
- 2016–2019
- Forms available
- Form 990-EZ 2019
- Location
- Littleton, CO, USA
- Phone
- 3038171426
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Management & Technical Assistance
Reported finances
- Revenue
- $130,614
- Expenses
- $135,917
- Assets
- $65,463
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MICAH GURARD-LEVIN (PRESIDENT)
People named in this filing
- SUZANNE MACKENZIE (EXECUTIVE DI)
- MICAH GURARD-LEVIN (PRESIDENT)
- HOWARD HOLME (CHARIMAN)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Climb strives to provide unique and meaningful summer employment experiences to students from the nation's top colleges.
What it reported doing in 2019
Students from a small number of universities to learn the business, professional, civil & social offerings of the denver area.
Operating model
- Revenue model
- Earned-program. 77% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 100
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.8%; rating input score 90
- Program expense ratio: 86.3%; rating input score 86
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -4.1%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 11%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: 25.1% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 17.9% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 4.8% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 89.8% of revenue deployed · 86.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $117K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2016 to 2019
- Contacts: How to reach this organization
- Money network: 2 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 22/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Officer compensation ratio scored 24/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.