Colorado Futuretek Inc
Nonprofit profile at a glance
- EIN
- 273722434
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Denver, CO, USA
- Phone
- 3039053500
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $113,925
- Expenses
- $115,253
- Assets
- $24,910
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Arlene Booker (President)
- Jackie Davis (Vice President)
People named in this filing
- Arlene Booker (President)
- Jackie Davis (Vice President)
- Meosha Brooks (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
CFTEK purpose is two-fold: 1) To provide enrichment training and resources to help African American and other underrepresented minority youth obtain marketable skills in the IT and computer industry and support them in developing interpersonal and entrepreneurial skills. 2) To elevate senior citizens by providing basic computer and smartphone training and assistance to increase their knowledge and comfort with technology.
What it reported doing in 2025
SummerTEK is our 6-week tuition free online training opportunity for high school students to explore rewarding careers and to acquire valuable technology skills in a supportive and user-friendly environment. It was held June 9 through July 18, 2025. Four online courses were offered: CCNA v7 Introduction to Computer Networks, Introduction to Cybersecurity, Introduction to Modern AI, and Entrepreneurship. 36 students earned completion certificates and some earned Cisco Networking Academy certificates for the Networking and Cybersecurity course.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- 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. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 82
- Sustainability: 21
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.3%; rating input score 78
- Program expense ratio: 77.2%; rating input score 77
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1.2%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.22; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 10.9%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 14.9% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 13.2% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: -32.6% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 78.3% of revenue deployed · 77.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $89K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 5 of 6 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 21/100.