Colorado Disability Benefits Support Program

Nonprofit profile at a glance

EIN
454570193
IRS 990 coverage
2014–2017
Forms available
Form 990 2017
Location
Lakewood, CO, USA
Phone
7202345907
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Insurance Providers

Reported finances

Revenue
$365,861
Expenses
$580,315
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • CHARLENE PARRIS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • CHARLENE PARRIS (EXECUTIVE DIRECTOR): $62,723 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule o

What it reported doing in 2017

Individuals served in 2017:-102 ssi/ssdi applications submitted -663 screenings/assessments for ssi/ssdi eligibility-group navigation services for 55 individuals -109 individuals provided ips employment services-28 webinars with total 250 attendees-4 soar trainings with total 33 attendees-11 community trainings with total 223 attendeesthere was a disruption of service for most programs due to winding down activities. Accomplishments from 2012-2017:-over 1500 applications submitted -over 3000 screenings/assessments for ssi/ssdi eligibility-group navigation services for over 1000 individuals-600 practitioners trained to provide ssi/ssdi assistance-overall approval rate at 60% - double the national rate & 5 times the national rate for homeless individuals-generated over 5.5 million dollars in benefits-money that flows back into the local economy-Colorado dbs serves the Colorado soar state lead agency-Colorado dbs has nationally certified soar trainers-Colorado dbs leads and hosts the Colorado soar advisory council with representation from: social security administration; national soar technical assistance center; Colorado office of behavioral health (obh); Colorado governor's office, centura health links; metro community providers network; Colorado department of corrections; metro denver homeless initiative; Colorado coalition for the homeless; division of housing homeless prevention team; el paso county continuum of care, pikes peak united way; Colorado behavioral healthcare council; denver community resource and referral center; volunteers of america-supportive services for veterans and their families; division of veterans affairs; independent living centers; and, community-based nonprofit agencies

Operating model

Revenue model
Grant-funded. 91% of the money available for current operations came from government grants.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. The required major-donor schedule is missing or incomplete and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 69
  • Accountability: 90
  • Sustainability: 6
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.8%; rating input score 93
  • Fundraising efficiency: $34.02 raised per $1 spent on fundraising; rating input score 73; 73rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 15th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -58.6%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 10.8%; rating input score 32; 32nd percentile among comparable filings

Growth

  • Program expense growth: 14.3% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: -5.8% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: -53.3% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.8% of spending went to programs
  • Governance: 10 of 10 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $539K in reported program spending
  • Leadership: top reported pay $63K · 11 people listed
  • Consistency: 22 of 23 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 4 filing years from 2014 to 2017
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Transparency & Controls: Major donor itemization scored 0/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 32/100.