East Denver Colfax Partnership Inc

Nonprofit profile at a glance

EIN
770633106
IRS 990 coverage
2019–2025
Forms available
Form 990 2025, Form 990-EZ 2015, Form 990-N 2018
Location
Denver, CO, USA
Phone
3032844292
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$2,182,416
Expenses
$2,388,381
Assets
$5,280,747
Liabilities
$3,714,787

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • MONICA MARTINEZ (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MONICA MARTINEZ (EXECUTIVE DIRECTOR): $136,451 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The fax partnership strengthens and supports residents and businesses along the east colfax corridor while advancing a vision of equitable development.

What it reported doing in 2025

Equitable development office: in 2025, the fax continued to manage the two contiguous motel properties they acquired in 2022: the sand & sage motel, 8415 east colfax ave, and the westerner motel, 8405 east colfax ave. Volunteers of america Colorado operated these motels until their lease ended in may 2025. In july 2025, the fax signed a six-month lease agreement with the city of denver to lease both properties for homeless clients, or clients at risk of homelessness, struggling with substance misuse and mental health issues for their roads to recovery program.in december 2025, the city proposed a three month extension to the fax's contract until an rfp is sent out to identify the property best fit to run the ddphe program for the next two years and possibly longer. In march 2026, the fax was selected to continue running the program in the shelters and is currently finalizing the contract. The redevelopment for the motel properties will begin in september 2028, once the existing billboard lease on the property expires. The fax has worked to ensure consistent operation of the motels until that work can begin.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 66% for direct work, and 34% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.6%; rating input score 98
  • Program expense ratio: 89.2%; rating input score 89
  • Fundraising efficiency: $133.25 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 21st percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 75th 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 8 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: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -9.4%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 2.21; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.7; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 5.7%; rating input score 52; 52nd percentile among comparable filings

Growth

  • Program expense growth: 34% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 19.1% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 22.2% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 97.6% of revenue deployed · 89.2% of spending went to programs
  • Governance: 16 of 16 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $2.1M in reported program spending
  • Leadership: top reported pay $136K · 17 people listed
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: 58 filed money-flow records
  • Related organizations: 57 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 10/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 52/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.