Clothes to Kids of Denver Inc
Nonprofit profile at a glance
- EIN
- 262148733
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Denver, CO, USA
- Phone
- 3032578941
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Gift Distribution
Reported finances
- Revenue
- $2,646,131
- Expenses
- $2,433,944
- Assets
- $1,466,671
- Liabilities
- $28,357
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- KATHLEEN PHILLIPS (EXECUTIVE DIRECTOR)
Highest reported compensation
- KATHLEEN PHILLIPS (EXECUTIVE DIRECTOR): $70,033 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 mission of clothes to kids of denver, inc. Is to provide new and quality used clothing to students from low-income or in-crisis families in the denver metro area, free of charge.
What it reported doing in 2025
In 2025, ctkd distributed 15,555 wardrobes, with 92% of shoppers selecting a complete wardrobe (all 21 non-optional pieces). As of december 31, 2025, ctkd has provided a fun shopping experience in a boutique environment to 133,812 students since september 2008. This equates to nearly 2,800,000 pieces of clothing and shoes.to be eligible for clothing, students must live in metro denver, be enrolled in grades preschool-12 or pursuing a ged (21 years old and younger) and be considered in need of assistance because:- their family is in crisis or experiencing economic hardship (due to illness, job loss, disaster, poverty, homelessness or displacement),- they are eligible for free or reduced lunch (frl) at school,- they are in kinship or foster care, and/or- they are receiving services from a school, agency, shelter, hospital, clinic or place of worship.in the 11-county denver metro area, more than 207,000 students qualify for frl. Our hope is that when students feel comfortable and confident in the classroom, they will be better able to focus on their studies and fit in with their peers. Without ctkd, thousands of denver children would go without appropriate school clothing and basics each year.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 75% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 86
- Accountability: 95
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86%; rating input score 86
- Program expense ratio: 93.3%; rating input score 93
- Fundraising efficiency: $51.02 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 3rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 95.3%; rating input score 95; 35th percentile among comparable filings
- 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: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 72; 72nd percentile among comparable filings
- Officer compensation ratio: 2.9%; rating input score 71; 71st percentile among comparable filings
Growth
- Program expense growth: 12% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 12.5% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 12.6% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 86% of revenue deployed · 93.3% of spending went to programs
- Governance: 12 of 12 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.3M in reported program spending
- Leadership: top reported pay $70K · 14 people listed
- Consistency: 31 of 33 current checks pass · 2 findings to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Total-asset coverage ratio scored 20/100.
- Review — Sustainability: Operating margin scored 51/100.
- Review — Accountability: Governance controls: Document-retention policy not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.