The Community Cash Flow Fund Dba the Colorado Nonprofit Loan Fund

Nonprofit profile at a glance

EIN
841162495
IRS 990-EZ coverage
2010–2020
Forms available
Form 990-EZ 2020
Location
Denver, CO, USA
Phone
3033001790
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Federated Giving Programs

Official website

Reported finances

Revenue
$10,944
Expenses
$5,999
Assets
$209,982
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • TOM BRINEGAR (PRESIDENT)
  • TONY CURCIO (VICE PRESIDENT)
  • ROSANNE STERNE (INTERIM EXECUTIVE DIRECTOR)

People named in this filing

  • TOM BRINEGAR (PRESIDENT)
  • TONY CURCIO (VICE PRESIDENT)
  • ROCCO DODSON (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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The community cash flow fund, also known as the Colorado nonprofit loan fund, loans funds to Colorado non-profit organizations experiencing temporary cash flow shortages. Loans are generally made for up to eleven months at the prime lending rate or 6.5% whichever is higher.

What it reported doing in 2020

The Colorado nonprofit loan fund makes loans ranging from $1,000 to $50,000 to Colorado-based nonprofit organizations experiencing short-term cash flow issues.

Operating model

Revenue model
Donor-supported. 91% 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 - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 100
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 43.8%; rating input score 44
  • Program expense ratio: 79.9%; rating input score 80

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 45.2%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 35; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 86.6%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: 1.8% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: -4% per year; rating input score 0; 51st percentile among comparable filings
  • Asset growth: 0% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 43.8% of revenue deployed · 79.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $5K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2010 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Mission deployment rate scored 44/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.