True Colors Recovery Organization

Nonprofit profile at a glance

EIN
333315205
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Portland, OR, USA
Phone
9712521943
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$1,956,461
Expenses
$1,318,648
Assets
$775,204
Liabilities
$137,391

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

Leadership & pay

5 people listed

Executive titles in this filing

  • RACHEL VEZINA (PRESIDENT)
  • AMANDA IRELAND-ESQUIVEL (EXECUTIVE DIRECTOR)

Highest reported compensation

  • AMANDA IRELAND-ESQUIVEL (EXECUTIVE DIRECTOR): $100,184 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide recovery support services to lgbtqia2s+ individuals, 18 and older, that affirms identity and allows people to stay true to their-self.

What it reported doing in 2024

Community center: true colors will provide recovery community centers (open six days a week) where individuals can access a variety of recovery support services. Our centers are substance free environments where individuals can feel safe and have the opportunity to expand their recovery network. Other services available at our centers include but are not limited to mutual-aid groups, lgbtqia2s+ focused events, access to on site std and hep c testing, resource navigation fairs, and skill-building opportunities.peer services: true colors provides free substance use recovery peer services to individuals 18 and older. These services are provided by certified recovery mentors(crm) that identify as lgbtqia2s+ or allies. Credentials are obtained through the mental health and addictions certification board of Oregon (mhacbo). Individuals that are crm's have at least 1 year of recovery experience and share their knowledge by helping others set goals and create a personalized recovery pathway. We believe that all pathways to recovery are valid and welcome individuals using mat or harm reduction tactics. True colors does not provide clinical or mental health services but will partner and refer to various agencies to help people access resources.civic engagement: true colors civic engagement services help individuals within the community use their political voice, exercise leadership, and create resolution-based strategies to address issues the lgbtqia2s+ community faces.true colors believes in expanding community knowledge of barriers the lgbtqia2s+ community faces, using personal stories as a tool for prevention, and always takes a stance of advocacy for policy and systematic change. Our efforts are focused on: increasing recovery and gender diversity services in and outside of Oregon, increasing the quality of life of individuals that self-identify as having a sud/aud, reducing the overall sud/aud percentage within lgbtqia2s+ communities through use of preventative strategies.

Operating model

Revenue model
Grant-funded. 99% of the money available for current operations came from government grants.
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 total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 58
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58%; rating input score 58
  • Program expense ratio: 86%; rating input score 86
  • Fundraising efficiency: $133.56 raised per $1 spent on fundraising; rating input score 89; 89th 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: Limited
  • 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: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • 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: 32.6%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 0.59; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 7.6%; rating input score 45; 45th percentile among comparable filings

Growth

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

Details

  • Where the money goes: 58% of revenue deployed · 86% of spending went to programs
  • Governance: 4 of 4 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.1M in reported program spending
  • Leadership: top reported pay $100K · 5 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 58/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
  • Moderate — Sustainability: Officer compensation ratio scored 45/100.