Colorado Consumer Health Initiative
Nonprofit profile at a glance
- EIN
- 841145452
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Denver, CO, USA
- Phone
- 3038391261
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,181,578
- Expenses
- $1,798,860
- Assets
- $1,463,084
- Liabilities
- $349,876
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Highest reported compensation
- MANNAT SINGH (EXECUTIVE DI): $150,988 total reported compensation
- ADAM FOX (DEPUTY DIREC): $117,768 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Cchi advances the consumer voice to improve access to health care for all coloradans by working statewide for progress toward equity, affordability, and quality.
What it reported doing in 2024
In 2024, cchi led and supported member-priority legislation related to ground ambulance protections, the health insurance affordability enterprise, regulating the arbitration of health insurance claims and debt related services, racial equity, and maternal health. Cchi continued consumer focused implementation of the Colorado option, the prescription drug affordability board, hospital financial assistance regulations by hosting webinars and outreach activities to bring partner and community voices into these processes and raise public awareness. Since 2018, the consumer financial assistance program saved over 12 million in consumer medical and prescription drug costs and served over 4000 clients.
Operating model
- Revenue model
- Donor-supported. 83% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 87% 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
STRONG - 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: 87
- Transparency & Controls: 76
- Accountability: 95
- Sustainability: 18
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 84.6%; rating input score 85
- Fundraising efficiency: $6.91 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 26th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 97.5%; rating input score 97; 45th 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: 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: -52.2%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.81; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 14.9%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 6.5% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: -3.9% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: 12.5% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 84.6% of spending went to programs
- Governance: 10 of 10 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.5M in reported program spending
- Leadership: top reported pay $151K · 12 people listed · 2 of 6 pay-setting controls reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 4 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.
- High — Financial Efficiency: Fundraising efficiency scored 26/100.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 23/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.