Colorado Dream Foundation

What it reported doing in 2024

Colorado dream foundation was incorporated under the laws of the state of Colorado on february 29, 1988. Since our founding, we have been uniquely positioned to deliver results because of the long-lasting, deep relationships we build with families, starting in elementary school and continuing through college and into a career. Our program take place in out-of-school time settings, allowing us to utilize afternoons, evenings, and summers to work with our youth. Our commitment to supporting youth through their post-secondary journey means we continually adapt to meet their needs every step of the way. Our history of using data and evaluation to closely monitor academic and social-emotional growth positions us well to deliver consistent, measurable results. The foundation is supported primarily by private and public sector grants and donations and is committed to maintaining financial stability. Our diverse leadership team and board of directors provide operational oversight to ensure continuing financial health. In fy25, we served 467 youth and families across metro denver through four holistic, integrated service areas: -out-of-school time programming: provides daily academic enrichment, project-based learning, and social-emotional development for elementary through high school students. -college & career development: helps students explore their interests, set goals, and build real pathways toward higher education and future careers. -beyond dreams therapy: delivers culturally conscious, trauma-informed mental health care, with clinicians now embedded at two denver public school (dps) hubs and at rfma meeting students and families where they already feel safe. -restoring futures: our newest initiative addressing school truancy, providing court-involved youth with individualized, wraparound support to re-engage them in school and stabilize their lives. Fy202425 results we used several metrics to ensure we are successfully preparing youth for high school graduation and post-secondary success: -467 youth served across all programming: out-of-school time (167), summer camps (156), and therapy (144). -92% of youth served come from low-income households, underscoring the vital role our programs play in opening doors to brighter futures. -91% of youth served are first-generation college students, paving the way for new opportunities in higher education and beyond. -90% of youth maintained a daily school attendance rate of 95% or higher. -32 title i schools supported through after-school programming across denver, at no cost to families. -95% of families and youth were satisfied or very satisfied with our summer camp. -16,000 therapy sessions provided through beyond dreams therapy since september 2021; 87% of clients met one or more therapy goals. -100% of youth scored typical or strengths on the devereux student strengths assessment (dessa), demonstrating measurable social-emotional skill gains.

Financial Efficiency

• Mission deployment rate: 86.9%; rating input score 87
• Program expense ratio: 80.1%; rating input score 80
• Fundraising efficiency: $8.96 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings

Transparency & Controls

• Consistency checks: 87.5%; rating input score 88; 2nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• 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; 63rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -8.1%; rating input score 16; 16th percentile among comparable filings
• Total-asset coverage ratio: 0.88; rating input score 33; 33rd percentile among comparable filings
• Liabilities to assets ratio: 0.1; rating input score 58; 58th percentile among comparable filings
• Officer compensation ratio: 12.2%; rating input score 24; 24th percentile among comparable filings

Growth

• Program expense growth: 4.1% per year; rating input score 100; 34th percentile among comparable filings
• Revenue growth: 4.6% per year; rating input score 100; 38th percentile among comparable filings
• Asset growth: 1.2% per year; rating input score 100; 16th percentile among comparable filings