Homeward Pikes Peak

Nonprofit profile at a glance

EIN
134242773
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Colorado Springs, CO, USA
Phone
7194735557
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Homeless Shelters

Official website

Reported finances

Revenue
$4,136,857
Expenses
$4,774,848
Assets
$8,069,310
Liabilities
$4,202,794

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

Leadership & pay

15 people listed

Executive titles in this filing

  • Beth Roalstad (CEO)
  • Carolena Steen (President)
  • Glen Pressman (Vice President)
  • Luke Travins (Past President)

Highest reported compensation

  • Beth Roalstad (CEO): $132,393 total reported compensation
  • Jereme Fish (Director of Finance (thru October 2025)): $76,775 total reported compensation
  • Colleen Cooper (Director of Finance (beg October 2025)): $14,911 total reported compensation

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

Overview

Mission

Homeward Pikes Peak empowers individuals and families to access stable housing, increase mental health, recovery, and economic stability.

What it reported doing in 2025

Clinic Services - Homeward Pikes Peak (HPP) Clinic Services is licensed through the Colorado State Office of Behavioral Health as a Behavioral Health Entity, providing mental health and substance use treatment. It provides mental health and substance-use-disorder counseling services to those without the means to pay for treatment. HPP provides supportive services to all with an emphasis on women's treatment services, as its funding stresses that population. Its funding also provides incentives to engage in treatment and funding to reduce barriers for attending treatment. HPP uses evidenced-based, trauma-informed, individually guided therapies such as, but not limited to, dialectal behavioral therapy, internal family systems, Narrative, and EMDR. Individual therapy and group therapy are provided.

Operating model

Revenue model
Grant-funded. 69% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 68% for direct work, and 32% 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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 27
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.6%; rating input score 96
  • Program expense ratio: 82.6%; rating input score 83
  • Fundraising efficiency: $20.1 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 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: -15.4%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 1.69; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0.52; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 4.7%; rating input score 59; 59th percentile among comparable filings

Growth

  • Program expense growth: 14.5% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 14.5% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 21.7% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 95.6% of revenue deployed · 82.6% of spending went to programs
  • Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 8 filed program accomplishments · $3.9M in reported program spending
  • Leadership: top reported pay $132K · 15 people listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 3 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

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 6/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 59/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • Review — Sustainability: Officer compensation ratio scored 59/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.