Colorado Gay Lesbian Bisexual and Transgender Bar Association

Nonprofit profile at a glance

EIN
203248976
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2009
Location
Denver, CO, USA
Phone
7202333977
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$74,747
Expenses
$85,524
Assets
$38,959
Liabilities
$804

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • SCOTT ROSENBACH (PRESIDENT)
  • TESSA CARBERRY (VICE PRESIDENT)

People named in this filing

  • SCOTT ROSENBACH (PRESIDENT)
  • TESSA CARBERRY (VICE PRESIDENT)
  • KELSI WHITE (SECRETARY)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Clba exists to provide a sense of community and belonging to lgbtq+ individuals in the legal field in Colorado. Through our programming and other initiatives, we seek to provide opportunities for lgbtq+ legal professionals to interact in safe settings, to build meaningful professional relationships and to enhance our members' community and professional profiles.

What it reported doing in 2024

Pride conference, the all-day continuing legal education (cle) conference provides attorneys with a comprehensive opportunity to earn required cle credits while enhancing their professional knowledge and skills. The conference typically features a combination of keynote presentations, interactive workshops, and panel discussions designed to promote professional growth, ethical awareness, and networking among legal professionals. Attendees also benefit from opportunities to engage directly with presenters, exchange ideas with peers, and access valuable educational materials to support ongoing learning beyond the event. This service ensures that lawyers remain current with legal standards and best practices while fulfilling their state-mandated cle requirements in an engaging, efficient, and professionally rewarding format.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 31
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.1%; rating input score 93
  • Program expense ratio: 81.4%; rating input score 81

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -14.4%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 93.1% of revenue deployed · 81.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $70K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 27/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.