Colorado Changemakers Collective
Nonprofit profile at a glance
- EIN
- 832846355
- IRS 990 coverage
- 2022–2025
- Forms available
- Form 990 2025, Form 990-N 2021
- Location
- Denver, CO, USA
- Phone
- 7202579860
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $694,865
- Expenses
- $561,580
- Assets
- $284,295
- Liabilities
- $22,329
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MARICRUZ HERRERA (EXECUTIVE DIRECTOR)
Highest reported compensation
- MARICRUZ HERRERA (EXECUTIVE DIRECTOR): $97,019 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 create a social network by providing high-quality services to the community for enrichment, creating a dignified life for promotoras through training and diverse opportunities.
What it reported doing in 2025
The economic development program engages community leaders (promotoras) who have graduated from the organizations educational program by providing opportunities to participate in organizational initiatives and community-based projects. Graduates are potential candidates for subcontracted roles when required under specific grants or contracts. Activities may include outreach, program implementation, and workforce-related services. The program advances leadership development and long-term economic sustainability within the community.
Operating model
- Revenue model
- Earned-program. 67% of the money available for current operations came from fees and other program revenue.
- 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.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 85
- Accountability: 69
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.1%; rating input score 53
- Program expense ratio: 65.8%; rating input score 66
- Fundraising efficiency: $220.55 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 10th percentile among comparable filings
- Pay-setting controls: Limited
- 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; 64th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- 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: 19.2%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.51; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 17.3%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 14.4% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 22.6% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 30.4% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 53.1% of revenue deployed · 65.8% of spending went to programs
- Governance: 4 of 4 board members independent · 2 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $369K in reported program spending
- Leadership: top reported pay $97K · 5 people listed
- Consistency: 20 of 21 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 4 filing years from 2022 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.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.