The Challenges of Nonprofit Governance - Digital Commons ...
Colorado Nonprofit Association Annual Report
-
Upload
khangminh22 -
Category
Documents
-
view
0 -
download
0
Transcript of Colorado Nonprofit Association Annual Report
One of the great joys in life is pride in accomplishment, and I am very proud of the achievements of theColorado Nonprofit Association in 2007. This was a year of so many accomplishments that I won’t even tryto list them. Still, if pressed to choose just one, I’d say that the establishment of the Principles andPractices for Nonprofit Excellence in Colorado program stands out as our greatest accomplishment of 2007.That program promises to have the most wide-reaching, long-lasting influence on the future of thenonprofit sector in Colorado, as nonprofits now have a valuable guidebook to help them achieve greaterlevels of accountability, transparency, and effectiveness.
Like most nonprofits in the state, our organization spent the latter part of the year studying therecommendations in that guidebook and measuring our own practices against them. We found (as mostorganizations probably did) that we were in compliance with most of the recommendations, but there wereareas where we could improve. That’s the beauty of Principles and Practices: we now have commonly
accepted best practices to help us measure our work and further excel.
As we closed 2007 and looked forward to 2008, the board reaffirmed its desire to engage with nonprofits across Colorado to ensure we takean appropriate leadership position on the most pressing issues of the day. We ardently appreciate the work of the nonprofit sector and willsupport that work in the most meaningful manner possible. Thus we encourage you – as organizations and individuals – to share yourthoughts about your needs and the directions we should take.
I look forward to working with you on the challenges of 2008, and to celebrating your successes!
Tom DowneyPresident, The Children’s Museum of DenverChair, Colorado Nonprofit Association Board of Directors
2007 was a watershed year for both the Colorado Nonprofit Association and the state’s nonprofit sector.The Colorado Generosity Project, which we had been planning and phasing in for over two years, burst ontothe public scene with the release of two important documents, Principles and Practices for NonprofitExcellence in Colorado and The State of Giving: A Profile of Individual Charitable Giving in Colorado.
Principles and Practices was the culmination of thousands of hours of work, so there are more people tothank than would fit on this page…in very, very small type. But our volunteer leadership for that project –including the Principles and Practices Advisory Council and Regional Advisory Councils – deserve tobe singled out for their tremendous contributions of time and talent. Because the Generosity Project aims tobuild the capacity of organizations all over Colorado to tell their stories and demonstrate theirtrustworthiness, impact and value, the help of these two groups in tailoring the project to the needs of theircommunities was vital. See “Committees and Volunteer Leadership” on pages 11-12 for a list of theseexemplary leaders.
Our State of Giving report profiled individual charitable giving in Colorado and highlighted the sobering fact that Coloradans give less than mostother Americans. This doesn’t mean that Coloradans are not generous; from experience we know otherwise. But it does demonstrate that wenonprofits need to do a better job of telling our stories to our communities, our constituencies, and our donors.
On behalf of the Colorado Nonprofit Association, I invite you to take advantage of the publications and training opportunities of the ColoradoGenerosity Project to take your effectiveness, stewardship and fundraising capacity to a higher level.
Thanks for all the great work you do in Colorado!
Charley ShimanskiPresident and Chief Executive OfficerColorado Nonprofit Association
From the Board Chair
Tom Downey
From the President and CEO
Charley Shimanski
2007 Highlights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Membership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3–4
Professional Development, Conferences and Events . . . . . . . . . . . . . . 5–6
Public Policy and Advocacy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7–8
Colorado Generosity Project. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9–10
Board, Committees and Volunteer Leadership . . . . . . . . . . . . . . . . . 11–12
Financial Reporting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13–16
Donors and Sponsors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17–18
Business Member Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19–46
Nonprofit Resources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47
Staff. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48
1
Annual Report
2007with Business Member Directory for 2008–09
© 2008 Colorado Nonprofit Association
Cover Photos (clockwise from upper left):
Rock Bottom Foundation, ©Jenna SuttaPhotography; Mile High Youth Corps;
Jeffco Action Center;Habitat for Humanity, Metro Denver;
National Repertory Orchestra.
Special Olympics Colorado
2
was a momentousyear for theColorado Nonprofit
Association. We continued to build corecompetencies in each of our functionalareas (advocacy and communications,membership, educational programs,public policy, resource development, andorganizational infrastructure) to help usbetter serve the sector. We alsocontinued initiatives begun in previousyears, like the annual report, publicforums on issues of interest to thesector, and the Leadership LuncheonSeries. And, perhaps most significantly,we began to implement the ColoradoGenerosity Project, an initiativedesigned to increase charitable givingthroughout the state. Here are some ofthe year’s highlights (page numbers referto areas in this report where you can findmore information):
�We worked with an advisory counciland with nonprofit organizations acrossthe state to develop and sanctionPrinciples and Practices forNonprofit Excellence in Colorado,a guidebook detailing 9 principles and120 best practices for Coloradononprofits. (p. 9)
�We began developing a series oftraining programs to help nonprofitsunderstand and implement each of theprinciples and many of the keypractices. Training sessions were heldin five locations around the state:Denver, Durango, Grand Junction,
Loveland, and Pueblo. Attendance wasstrong at the workshops, andparticipants expressed gratitude for theopportunity to learn more about bestpractices. (p. 9)
�We developed additional classes andcomplementary training guides tosupport the Colorado GenerosityProject’s fundraising initiative. (p. 9)
� The 2007 Leadership Luncheonswere very successful, bringing four top-notch speakers in to discuss some ofthe most critical issues facingnonprofits today. (p. 6)
�We commissioned Johns HopkinsUniversity’s Center for Civil SocietyStudies and Corona Research tohelp complete The State of Giving:A Profile of Individual CharitableGiving in Colorado. This study, whichhighlighted charitable giving trendsthroughout the state, was releasedwith a very successful media launchand press conference, includingcommentary by Governor Bill Ritter.(p. 10)
�Our Membership team workeddiligently to establish additional group-purchase programs to aid members inachieving cost-savings in their dailyoperations. (p. 4) We also made aconcerted effort to communicate thoseopportunities – as well as otheravailable benefits – to members. Weput a greater emphasis on memberengagement in 2007.
� Educational programs were again wellreceived. In 2007 we offered a total of53 educational workshops, and we sawa 17 percent increase over 2006 in thenumber of participants. (p. 5)
�Our 2007 Fall Conference &Exhibition was held at the Adam’sMark Denver Hotel on October 26 to alarge showing – 820 participants. (p. 6)
�Our 2007 Eastern RegionConference was held May 7 inPueblo. About 150 participated.The conference received excellent
ratings on presenters, timeliness oftopics, and venue. (p. 6)
�Our Awards Luncheon celebratingColorado Nonprofit Week was a bigsuccess, drawing nearly 1,000attendees. Three of Colorado’s highestpublic officials (Governor Bill Ritter,Secretary of State Mike Coffman, andAttorney General John W. Suthers)spoke to the record crowd. (p. 6)
� The Association played an importantrole in convening the Charities TaskForce, an advisory body to review andrecommend changes to improveoversight of and public education onbehalf of nonprofits. (p. 7)
�We also convened a forum in thesummer on the work of the BlueRibbon Commission on Health CareReform to educate nonprofits aboutfour comprehensive health care reformproposals under consideration. (p. 7)
The Colorado Nonprofit Association hasbeen vigilant and proactive in identifyingnew ways to lead and support thenonprofit sector in Colorado. We aremost grateful for the collaborativerelationships forged throughout the year,and know we could not haveaccomplished our goals to the extent wedid without an enormous contribution ofvolunteer hours and in-kind expertisefrom individuals across the state. Manythanks also to the numerous foundationsand businesses that supported ourorganization with grants in 2007. Weappreciate your faith in our mission andyour support of this important work.
Sharon A. KnightVice President andChief Operating OfficerColorado Nonprofit Association
Sharon Knight
Highlights of 2007
2007
As a membership-basedorganization, we strive to meet theneeds of our members. Through
our trainings, lobbying, support andleadership we help our members becomemore efficient and effective. Togetherwith our members, we make a strongerColorado.
In 2007 we welcomed more than 125 newnonprofit organizations to membership inthe Colorado Nonprofit Association.Each new Association memberstrengthens the voice and the influenceof the sector. Membership growth isimportant because it allows our voice tobe heard on important legislative issues.It also gives us leverage with thebusiness sector when negotiatingmember-only benefits, including reducedpricing on services and products.
We undertook a complete review of ourmembership dues in 2007, and onSeptember 1 we introduced a new duesstructure more closely aligned with thebudget codes used by the state ofColorado. This change will enable theAssociation to better compare ourmembership statistics with informationon nonprofits gathered by the state.Along with the restructure, a duesadjustment was put into effect in Augustwhich allowed for the creation of a new,more accessible membership level for thesmallest nonprofits – those with annualbudgets of $25,000 or less. The duesadjustment also created a new level forthe top-tier nonprofits – those withannual budgets of $20 million or greater– while at the same time more evenlydistributing dues rates according toorganizational budget and size.
To continue our outreach efforts to ruralnonprofits, we reevaluated our staffingpattern and combined our membershipand education teams – in the processcreating a new position, manager ofeducation and membership outreach.
The Benefits of MembershipProviding the benefits that our membersfind most advantageous continues tobe a top priority of the Association;accordingly, 2007 saw increased benefitsto Association members. The creationand implementation of a Resume Boardand additions to the group purchasingprogram were among the year’s highlights.
Insurance OfferingsNonprofit Resources, Inc., a wholly-owned, for-profit subsidiary of theAssociation, provides access to insurancefor our members. In every survey, ourmembers have identified this serviceas one of the most important benefitswe offer.
Nonprofit Resources’ insuranceprofessionals offer a wealth of insuranceproducts, and they have the knowledgeand expertise to help nonprofits choosethe products that offer the protectionthey need. Offerings include –
� Employee benefit products –health, dental, and vision plans
� Liability insurance�Directors & Officers insurance�Worker’s Compensation insurance(See Nonprofit Resources on page 47.)
Online ServicesOur many online services are designedfor quick, accurate access to information.Online information is always beingupdated to insure our members arereceiving the most current news anddata.
� Business Member Search: This servicemakes it easy to search our currentbusiness member database to findcompanies offering the products andservices that nonprofits need. Thesebusinesses have special expertise inserving nonprofits, and many offerspecial nonprofit rates.
� Event Calendar: This calendar, wheremember and nonmember organizationscan list their upcoming events (cost-free for members), received 422postings in 2007, a 20 percent increaseover 2006.
Center for Work Educationand Employment
Membership
$1M - $5M16%
More than$10 million
4%
$500,000 -$999,999
14% $250,000 -$499,999
16%
$100,000 - $249,99922%
Less than$100,000
25%
$5M -$10M3%
Members by Budget
3
4
� Nonprofit Job Board: With more than16,000 page views per week, our JobBoard is the place for those looking topost a nonprofit position and for thoselooking to work in the sector. Some3,626 jobs were posted to theNonprofit Job Board in 2007, a 33percent increase from the previous year.Of these postings, more than 600 camefrom nonmembers – generating astream of revenue for the Association.
� Resume Board: This new service (freeto individual and student members)allows job seekers to market their skillsto potential employers, who canincrease their pool of potentialapplicants by viewing resumes online(at no cost) and contacting potentialcandidates via email.
� Listserv: This members-only emailcommunication tool serves more than500 subscribers. More than 1,100 emailmessages, ranging from programannouncements to “how-to” questionsand answers, were posted in 2007. Ourmembers find this networking tool veryvaluable.
Informational ServicesProviding our members up-to-dateinformation on everything from how-to’sto the benefits of membership is apriority. We offer varied avenues forgetting our members the informationthey need, including –
� Newsletter: Each issue of theAssociation’s bimonthly newsletter,Nonprofit Colorado, was distributed tomore than 2,400 nonprofitorganizations, individuals and publicofficials, making it one of the mosteffective ways for contributors andadvertisers to receive exposure allacross the sector.
� Help Desk: In 2007 the Help Deskresponded to 237 calls from membersand 59 calls from nonmembers.Additionally, the Help Desk publishes a“Frequently Asked Questions” columnin Nonprofit Colorado.
Educational OfferingsOur members received discounts onmany of the educational programs theAssociation offered in 2007, includingworkshops, the Fall Conference, andLeadership Luncheons. For moreinformation on these offerings,see pages 5–6.
Habitat for Humanity of Metro Denver
Group Purchasing ProgramThrough our group purchasing program, various businesses offer significantdiscounts to members of the Colorado Nonprofit Association. The numberof partners increased in 2007, allowing greater opportunity for cost savingsto members. Group purchase partners included –
�AmCheck: Payroll services including tax compliance, time and attendancerecords
� Constant Contact: Email marketing services
� First Data: Credit card and gift card processing
� The Fuel Team: Affordable web-page design services
�GiftWorks: Comprehensive database software
� iWave: Online subscription for donor research
� Kittleman & Associates: Full-service nonprofit executive recruiting
� Little Voice: Video production
�Metasoft Systems: Online foundation research
�Mountain States Employers Council: HR assistance for organizations with10 or fewer employees
�Novo Group: Executive recruiting
�Office Depot: Office supplies and furniture, copying services
� Providers’ Resource Clearinghouse: Recycled office furnishings andmiscellaneous supplies
� ReadyTalk: Audio/web conferencing
� Reality Background Checks: Screening program for potential employeesand volunteers
5
Always committed to offering high-quality programming to nonprofitprofessionals throughout the state,
the Colorado Nonprofit Associationcontinued to serve and strengthen thesector in 2007 by creating wide-rangingprofessional training and networkingopportunities. We strove to ensure ourprogram topics were thought-provokingand engaging. We focused on improvingthe overall quality of our programs,providing increased statewide outreachto more communities in Colorado, andimproving communications throughcollaboration with other technicalassistance providers.
Educational ProgramsIn 2007 we offered a total of 53educational workshops reaching over2,000 individuals throughout the state.This number represents almost a 17percent increase in workshop participantsover the previous year. This significantincrease can be attributed to continuedstrong attendance at the local (metroDenver) workshops coupled with our newstatewide efforts related to Principles andPractices for Nonprofit Excellence andColorado Generosity Project classes.
Regional OutreachAs a statewide membership organization,the Colorado Nonprofit Associationduring 2007 renewed its commitment toserving nonprofits throughout the stateby increasing and expanding oureducational workshops. During the last
quarter of 2007 we launched thePrinciples and Practices for NonprofitExcellence in Colorado guidebook, whichoutlines 9 principles and 120 bestpractices that nonprofits may choose tofollow in operating their organizations.This guidebook is part of the ColoradoGenerosity Project, a comprehensive,multi-year program to help nonprofitsdemonstrate best practices, increasepublic awareness of the impact of thenonprofit sector, and increase charitablegiving in Colorado. In order to establishcredibility and seek engagement fromcommunities statewide, we assembledand worked with local Regional AdvisoryCouncils – composed of representativesof local community foundations andUnited Ways, as well as other localnonprofit leaders – all over the state.
To fulfill our commitment to nonprofitsstatewide, we began offering trainingsrelated to the Principles and Practicesnot only in metro Denver, but also inDurango, Grand Junction, Loveland,and Pueblo.
Training CollaborativeDuring 2007 we continued our efforts tominimize duplication of professionaldevelopment offerings and to improvecommunications. To this end, we steppedup our collaboration with other technicalassistance providers. One year after thelaunch of the Training Collaborative withMetro Volunteers and the CommunityResource Center (CRC), the partnershipcontinued to grow. Representatives fromall three organizations met quarterly tocoordinate their programs to preventoverlap. The Colorado NonprofitTraining Guide, a comprehensive list ofthe trainings offered by all three, waspublished quarterly and sent via email toour combined 15,000-constituent base.All three organizations reportedincreases in attendance to theireducation programs after thesepromotional efforts.
Colorado Nonprofit AssociationAwards Luncheon –Governor Bill Ritter
Professional Development,Conferences and Events
Colorado Nonprofit Association AwardsLuncheon – Secretary of State Mike Coffman
and Senator Maryanne “Moe” Keller
6
Colorado Nonprofit Week andAwards LuncheonOn March 9 close to 1,000 nonprofitprofessionals, supporters and well-wishers gathered for the 2007 ColoradoNonprofit Association Awards Luncheon.They were joined by Colorado Gov. BillRitter, Secretary of State Mike Coffman,and Attorney General John W. Suthers inrecognizing 2007’s award winners fortheir outstanding contributions to thenonprofit community.
Every year, the Colorado NonprofitAssociation hosts the awards luncheon asa culmination of Colorado NonprofitWeek, honoring outstanding nonprofitand civic leaders who strengthenColorado communities through theirwork with and on behalf of nonprofits.
This year there was an added tribute tothe event honoring Steve Graham,former executive director of theCommunity Resource Center, who passedaway in late 2006. In addition to thetribute, a new annual award was createdin Steve’s honor. The Steve GrahamAward for Building Nonprofit Capacitywas given this year to Steveposthumously; in future years it will beawarded to recognize extraordinaryleadership, achievement and dedication –the same attributes Steve brought to thenonprofit sector.
The 2007 award winners were as follows:Legislator of the Year – Sen. Maryanne“Moe” Keller (State District 20); PublicService Lifetime Achievement Award –Nan Morehead (Legislative Liaison,Denver Department of Human Services);and William Funk Award for BuildingStronger Communities – John
Parvensky (president, ColoradoCoalition for the Homeless) and AnnaJo Haynes (executive director, Mile HighMontessori).
Fall ConferenceThe 14th Annual Fall Conference, heldOctober 26 in Denver, brought togethernearly 800 nonprofit professionals for aday of learning and networking – arecord attendance for this event.
The keynote luncheon, a presentation ongiving patterns in Colorado, featured thepreliminary results of the Association’sstudy, The State of Giving: A Profileof Individual Charitable Giving inColorado. Gabriel Guillaume, executivedirector of the Community ResourceCenter, spoke at the morning’s openingsession about the sector’s growth and theissues involved in nonprofit startup.
Conference sessions followed seventracks: Fundraising & Development;Board Development; Marketing &Communications; Human Resources &Administration; Advocacy & PublicPolicy; Executive Leadership; and anenhanced Advanced Practitioner seriesdesigned for veteran nonprofitprofessionals.
Eastern Region ConferenceThe Association held its 2007 EasternRegion Conference May 7 at the Sangrede Cristo Arts & Conference Center inPueblo. The topic, “Sufficiency: CreatingResources to Make a Difference,” drewsome 150 registrants to the workshopsand lunchtime keynote presentation.Attendees awarded the conference’spresenters, topics, and venue excellentratings.
Leadership LuncheonsThe Association hosted four LeadershipLuncheons in 2007, bringing togethernationally renowned sector experts andmore than 800 nonprofit executives andother leaders. The Leadership Luncheonseries’ unique format – a working sessionfor nonprofit executives – createsopportunities for dialogue andcollaboration around the mostcritical issues facing the sector.
More than 250 community and nonprofitleaders gathered in January to hearinternationally renowned nonprofitconsultant Peter Brinckerhoff discuss“The Business of Earned Income forNonprofits.” The session focused on thecore philosophies of social enterprise –how to adapt the traditional businessplanning process to mission outcomesand how to assess organizations’ corecompetencies.
In May, consultant Renata Raffertyspoke about the growing economicpower of women and its effects onphilanthropy; the increased numberof donor-advised funds; the growinggaps between international, nationaland local giving; an increased demandfor socially responsible investment;and the media’s influence on giving.
The August luncheon, featuring JanMasaoka, formerly of CompassPointNonprofit Services, focused ongeneration change in the nonprofitworkforce, the impact of baby-boomerretirement, and opportunities forcultivating the sector’s future leaders inways that reflect the increased diversityof communities within the United States.
The final Leadership Luncheon ofthe year, in November, featured apresentation by James Lardner ofDemos on “The Widening IncomeGap in America and Its Effects onthe Nonprofit Sector,” as well as theramifications for service providers.
Fall Conference Exhibit Hall
7
In 2007 the Colorado NonprofitAssociation continued working toensure that elected officials and the
general public support issues critical tothe success of nonprofits. Among themost urgent issues occupying theAssociation’s time this year werestrengthening nonprofit transparency andaccountability; seeking comprehensivehealth care reform to benefit nonprofits;facilitating delivery of public benefits bynonprofits to lawfully present persons; anddefending nonprofit advocacy rights.
Transparency andAccountabilityWorking with the Colorado Secretary ofState, the Association helped convenethe Charities Task Force, an advisorybody consisting of nonprofit leaders,accountants, attorneys, and regulatorscharged with reviewing andrecommending changes to improveoversight of and public education onnonprofits. As constituted; the TaskForce consisted of three subcommittees– Education; Legislation and Rules; andSelf-Regulation – that produced a reportrecommending changes to educationalresources, dissemination of self-regulatory resources (including Principlesand Practices for Nonprofit Excellence inColorado), and legislative changes toimprove legal compliance and enforce
the law against “bad actors.” A bill willbe introduced during the 2008 sessionof the General Assembly to implementlegislative changes, and plans toestablish a permanent advisory councilwill be considered.
ComprehensiveHealth Care ReformThe Association also convened a forumin the summer on the work of the BlueRibbon Commission on Health CareReform (also known as the 208Commission). Over 100 nonprofitprofessionals attended this forum, calledfor the purpose of educating nonprofitsabout the four comprehensive health carereform proposals then underconsideration. For spring 2008, theAssociation planned a LeadershipLuncheon to update nonprofit leaders onthe state of health care reform andsuggest ways they can play a role inshaping this ongoing policy debate.
Delivery of Public BenefitsAs anticipated, the General Assemblycontinued working to prevent unlawfullypresent persons from accessing publicbenefits or obtaining employment.The Association supported bills andregulations to address the unintendedimpacts of these policies on lawfullypresent persons seeking assistance fromnonprofits. This included HB 07-1314,the passage of which created permanentrules for establishing lawful presence,expanded the range of acceptableidentification documents, and continuedthe waiver process for lawfully presentpersons who cannot produce theparticular documents requested.Although the Governor vetoedHB 07-1313, which would havefacilitated access to driver’s licensesand identification cards by eligiblepersons, this legislation paved the wayfor permanent rules to the same end.
Health Care Reform Forum
Public Policy and Advocacy
Health Care Reform Forum
8
The Association opposed SB 07-029,which would have required all employersto enroll in the federal Basic Pilotprogram to verify the lawful presence ofemployees. And it supported HB 07-1073, which limited the application ofthe federal Basic Pilot program to newhires, as intended by federal law, ratherthan all employees.
Defending NonprofitAdvocacy RightsNonprofit advocacy rights faced seriouschallenges from Amendment 41, passedin the 2006 general election, andHB 07-1116, which would haveprohibited government employees fromhaving wages deducted to contribute toany nonprofit taking a position on aballot measure. While the latter bill didnot pass, SB 07-210 passed with theintent of limiting the application ofAmendment 41 to instances where giftsexceeding $50 in value were given inorder to influence an official action by agovernment employee. Aside fromquestions about its constitutionality, SB07-210 did not go far enough to protectnonprofit advocacy rights, so theAssociation joined a lawsuit to challengeAmendment 41’s constitutional basisunder the First Amendment. A DenverDistrict court halted implementation ofAmendment 41 in late 2007 pending areview of its merits. The ColoradoSupreme Court will be holding a hearingand issuing a ruling in 2008.
Colorado’s Fiscal Outlook andSocial LegislationThe Colorado Nonprofit Association, theColorado Social Legislation Committee,and the League of Women Voters ofColorado sponsored “Where ColoradoStands, Where Colorado Falls” Oct. 17,2007 in the Denver Post building. Morethan 100 people gathered to hear akeynote presentation by ColoradoTreasurer Cary Kennedy and a paneldiscussion by staff from the Bell PolicyCenter, the Colorado Children’sCampaign, and the Colorado Fiscal PolicyInstitute. The forum discussed Colorado’sfiscal outlook as well as “LookingForward,” a study recently completed bythe three organizations to examinespending trends through 2013 in K–12Education, higher education, health care,human services, corrections, andtransportation.
Strategic CommunicationsWhile working to advance public policiesthat foster an environment that supportsnonprofits and leverages the benefits theyprovide to our communities, we alsoworked to expand resources to engagemembers in our public policy work.Besides sending out regular policyupdates via www.givevoice.org, we postedan audio file and summaries of healthcare reform proposals on our web site.We also produced a Frequently AskedQuestions document on Amendment 41for use by members.
Special Transit
Citizens Project
Colorado Dragon Boat Festival
9
The Colorado Generosity Projectwas designed as a comprehensivemulti-year program to help the
state’s nonprofits demonstrateaccountability, to educate the publicabout the impact and importance ofthe sector, and to ameliorate theserious and complex problem of lowcharitable giving in the state. In 2007the Association spent considerableeffort on two aspects of the project:1) developing a set of principles bywhich nonprofits could demonstratebest practices, and 2) conductingresearch to determine baseline datafrom which to move forward with theproject.
Regional advisory councils wereconstituted for the project, drawingmembers from a wide array ofnonprofits in various communitiesacross each region. All werecommissioned with helping usprovide the most meaningful andessential training sessions in aconcerted effort to improvemanagement, governance, leadership,and organizational sustainability.The councils included representativesfrom community and privatefoundations, United Ways, government,business, and nonprofits of manytypes and sizes.
Principles and Practices Training
Colorado Generosity ProjectPrinciples and Practices forNonprofit Excellence in ColoradoThe Association worked with an advisory counciland with nonprofit organizations across the state todevelop and sanction Principles and Practices forNonprofit Excellence in Colorado, a guidebookdetailing 9 principles and 120 practices fornonprofits to consider for adoption. The documentwas formally endorsed by the Attorney General andSecretary of State, and lauded by the foundationand nonprofit communities.
The Principles and Practices program wasapplauded and immediately adopted byorganizations across the state. Over 10,000 organizations downloaded the documentfrom the web site in just six weeks, and nearly 9,000 printed copies were distributedbefore the end of the year.
The United Ways and community foundations used their organizational networks todistribute and endorse the Principles and Practices programs, research reports, andeducational opportunities. They were a vital factor in getting the word out in eachregion of the state. Additionally, they leveraged their relationships with local newsoutlets to encourage prominent placement of stories related to the project.
Principles and Practices TrainingDuring 2007, the Association began a new series of classes across the state to informand educate nonprofits about the legal requirements and recommended practiceshighlighted in Principles and Practices for Nonprofit Excellence in Colorado. Classeswere launched in Denver, Pueblo, Durango, Grand Junction and Loveland on“Principles and Practices Essentials”; “Governance, Transparency and Accountability”;and “Financial Management and Human Resources.” A complementary training guideand a list of resources were developed for each topic. The workshops were wellreceived and resulted in high ratings for content, delivery and timeliness.
Promotion of these practices, heightened visibility, and consistent messaging –encouraging nonprofits to demonstrate their effectiveness and financial responsibilityin promotions to their community – are creating a groundswell across the sector.There is a great deal of “buzz” about best practices, leading to wide-scaleimprovements as nonprofits endeavor to tighten up their policies, procedures, andservice delivery.
Colorado Generosity Project Training SessionsThe Association also developed and offered several classes to help nonprofits acrossthe state diversify their bases of funding, improve fundraising strategies, and enhancestewardship. Classes offered in 2007 included “Strengthening Business–NonprofitPartnerships” and “Strengthening Philanthropy: Building Your Individual DonorProgram.” Training guides were developed for these classes to provide additionalinformation, resources, samples and templates to help nonprofit professionals usetheir new skills. One Durango participant emailed several days after the class onindividual philanthropy to report, “The class was great! In fact, I was able to putseveral things into place immediately, and I think we’re going to see results verysoon!”
10
ResearchThe State of Giving: A Profile ofIndividual CharitableGiving in Colorado reportedon charitable giving trendsthroughout Colorado. TheState of Giving was releasedin December 2007 witha comprehensive medialaunch, includingtelevision, radio andnewspaper coverage allover the state. GovernorBill Ritter played asubstantive role in apress conference, held inDenver, and variousrepresentatives from ourboard, United Wayagencies, and communityfoundations were
highlighted in stories all acrossColorado. Utilizing the services ofSchenkein Public Relations, we were ableto secure prime placement in the DenverBusiness Journal, the Rocky MountainNews, the Durango Herald, and manysmaller papers. We received livecoverage and also station web sitecoverage from the major televisionnetworks. Total estimated impressions(or viewers of the various stories) was4,585,549.
Coloradans increased their charitablegiving in 2005 by 13 percent over theyear before, reaching a record high of$3.8 billion. But despite this promisingimprovement, Colorado donors stillrank low when compared to donors inother states. In fact, Coloradans rank36th among the 50 states in percentof income donated to charities, thoughthe state ranks 5th in income. We earn
6 percent more than the averageAmerican, but give 8 percent less.
The study found that those earningthe least give the most: those withincomes less than $50,000 actuallygive the highest percent of their incometo charity – 5.2 percent, significantlymore than the 3 percent donated bythose in the $75,000–$100,000 range.Still, they lag behind the national averagefor donors in their income group, whogive 6.2 percent.
Other findings:
� Lackluster giving in Colorado is notnew. Coloradans have donated 7percent less than the national averageover the last six years, even thoughColorado ranks 7th of the 50 states inthe percent of tax returns that includedeductions for charitable contributions.
�Donors with income greater than$200,000 increased their averagecharitable contribution by $2,054 overthe year before – an increase of morethan 9 percent.
� The Southwest, Central and Northwestregions of Colorado led the rest of thestate in charitable giving, while theNortheast, Southeast and Denverregions fell behind the national average.
� The seven-county Denver MetropolitanRegion gave at levels well below boththe national and state averages, andfinished last among all regions. Butdonors in Denver County exceededboth the state and national averages,giving a total of $385 million –nearly 4 percent of their income.
� The Central region was the mostgenerous among regions with largecities, thanks largely to El PasoCounty’s $361 million.
Copies of The State of Giving weredistributed across the state for use byorganizations in their own campaigns toinform communities and cultivatesupport.
During 2007 the Association alsocommissioned and worked with JohnsHopkins University’s Center for CivilSociety Studies and Corona Research tocomplete a comprehensive nonprofiteconomic impact study, scheduled forrelease early in 2008.
Richard Audsley, Governor Bill Ritter,and Charley Shimanski at theDenver press conference launch
for The State of Giving
11
Board of DirectorsRebecca Arno, The Denver FoundationJean Boswell McSpadden, United StatesOlympic Committee
Juan Botello, Mile High United Way, TreasurerChris Chavez, United Launch AllianceDavid DeForest-Stalls, Big Brothers Big Sistersof Colorado
Kristin H. Donovan, Daniels Fund, Past ChairTom Downey, The Children’s Museum ofDenver, Inc., Vice Chair
Susan France, Bonfils-Stanton Foundation,Chair
Angel Gutierrez, YouthBizJane Hansberry, Foundation for HumanEnrichment
Mary Anne Harvey, The Legal Center for Peoplewith Disabilities and Older People, Secretary
Judy Hegge, Mesa County Valley SchoolDistrict 51
Sue Mohrman, Warren Village, Inc.Carrie Nolan, National Multiple SclerosisSociety, Colorado Chapter
Patty Ortiz, Museo de las AméricasKatherine Peck, Gill FoundationDavid C. Russell, Jr., Pueblo GovernmentAgencies Federal Credit Union
Jeanine Spellman, Üli Creative, LLCTim Walsworth, United Way of SouthwestColorado
Richard Westfall, Esq., Hale Friesen, LLP
Leadership Advisory CommitteeRebecca Arno, The Denver FoundationKathleen Beatty, University of Colorado DenverSchool of Public Affairs
Tillie Bishop, University of Colorado Boardof Regents
Carolynn Bond, RE/MAX International, Inc.Steve Corder, Kundinger, Corder & Engle, PCBrigit Davis, Helen K. and Arthur E. JohnsonFoundation
Dixie Davis, Adoption ExchangeMichael Durkin, Mile High United WayKelly Felice, Metropolitan State College ofDenver
Jean Galloway, The Galloway GroupMary Gittings Cronin, Piton FoundationCarol Hedges, Colorado Fiscal Policy Institute
David Henninger, Bayaud IndustriesAnn Hinkins, Ehrhardt Keefe Steiner & HottmanPC (EKS&H)
Jean Jones, Girls Scouts of Colorado – Mile HiCouncil
Deborah Jordy, Colorado Business Committeefor the Arts
Noreen Keleshian, Parent Pathways, Inc.Katherine Pease, Katherine Pease & AssociatesJeff Pryor, Anschutz Family FoundationRich Rainaldi, CiviCoreMike Roque, Denver Office of StrategicPartnerships
Ruth Ann Russell, Family Tree, Inc.Eric Sondermann, Sondermann E-SquaredPartners, Inc.
Gully Stanford, College Access NetworkTony Tapia, Western Union FoundationElaine Torres, NEWS4 – CBS TVTracy Ulmer, Denver Newspaper AgencyAnne Warhover, Colorado Health FoundationAnne Wenzel, Western Colorado CommunityFoundation
Roxane White, Denver Department of HumanServices
Corporate Development Task ForceJean Boswell McSpadden, United StatesOlympic Committee
Teddi Davis, Xcel EnergyPaul A. Dunne, Inner City Health CenterClif Harald, Jones KnowledgeDebby Magures, Pinnacol AssuranceCindy Parsons, ComcastLewis W. Turner, Young Americans Center forFinancial Education
Finance CommitteeJuan Botello, Mile High United Way, ChairSean Kneeland, First Bank ColoradoKatie Kramer, Boettcher FoundationLisa Meacham, Ehrhardt Keefe Steiner &Hottman PC (EKS&H)
Sue Mohrman, Warren Village, Inc.Ryan Sells, Ehrhardt Keefe Steiner & HottmanPC (EKS&H)
Marketing & CommunicationsCommitteeMichele Ames, University of Colorado DenverRebecca Arno, The Denver Foundation, ChairEllen Brilliant, Ingvoldstad ConsultingChris Chavez, United Launch AlliancePeter Droege, Daniels FundTammi Fowler, KUSA-Channel 9 DenverC. J. Juleff, Young Americans Center forFinancial Education
Palmer J. Pekarek, Community First FoundationLynn Price, Camp to BelongTylor S. Sidener, First Data CommercialServices
Lynda Solomon, Community Strategies, LLCJeanine Spellman, Üli Creative, Inc.Sarah Echohawk Vermillion, First NationsDevelopment Institute
Membership CommitteeRaylene Decatur, Kittleman and Associates, LLCDoris Kester, Southern Colorado CommunityFoundation
Jody McNerney, Compass BankHonoria “Honey” Niehaus, Family StarMontessori & Early Head Start
Tim Walsworth, United Way of SouthwestColorado
Matt Wasserman, University of ColoradoFoundation–Denver
Ona Wigginton, Denver Art Museum
Program CommitteeKathleen Beatty, University of Colorado Denver,School of Public Affairs
Colleen Colarelli, Girls Incorporated of MetroDenver
Denise Delgado, Rose Community Foundation& Clínica Tepeyac
Sarah Fischler, Community Resource CenterKelly Felice, Center for Nonprofit Studies,Metropolitan State College of Denver
Angel Gutierrez, YouthBiz, ChairDace West, HealthBridge Alliance
Public Policy CommitteeStephen Block, Denver OptionsMary Boland, Archdiocesan Housing, Inc.Edie A. Busam, Aponté & Busam, Inc.David DeForest-Stalls, Big Brothers Big Sistersof Colorado, Inc., Co-Chair
Kristin H. Donovan, Daniels FundTom Downey, The Children’s Museum ofDenver, Inc.
Lon Erwin, Community Foundation ServingSouthwest Colorado
Jane Hansberry, Foundation for HumanEnrichment
Mary Anne Harvey, The Legal Center for Peoplewith Disabilities and Older People
Jim Hertel, Colorado Managed Care NewsletterToni Larson, Independent Higher Education ofColorado
Lonna Lindsay, The Children’s HospitalJayne Mazur, Catholic Charities of the Dioceseof Pueblo, Inc.
Bob McCluskey, Former State RepresentativeLorez Meinhold, The Colorado HealthFoundation
Mary Robertson, United Way of Larimer County,Inc.
Ken Santistevan, Denver Public SchoolsJeremy Schupbach, AllianceGully Stanford, College Access NetworkRandy Weeks, Denver Center for the PerformingArts
Richard Westfall, Esq., Hale Friesen, LLP,Co-Chair
Brad Young, Former State Representative,Rx Plus Pharmacies
PHAMALY –Physically Handicapped Actors and
Musical Artists League, Inc.
2007 Board, Committeesand Volunteer Leadership
12
Principles and Practices forNonprofit Excellence in ColoradoAdvisory CouncilKelly Berg, Holme Roberts & Owen, LLPStephen Block, Denver OptionsJuan Botello, Mile High United WayDeborah Brackney, Mountain StatesEmployers Council
Carol Breslau, The Colorado TrustChris Cash, Colorado Secretary of State’s OfficeSteven Corder, Kundinger, Corder & Engle, PCCynthia Evans, Monfort College of Business atthe University of Northern Colorado
Susan France, Bonfils-Stanton FoundationAlissa Gardenswartz, Colorado AttorneyGeneral’s Office
Cynthia Grover, Attorney at LawM.L. Hanson, Novo GroupMary Anne Harvey, The Legal Center forPeople with Disabilities and Older People
David Henninger, Bayaud Industries, Inc.Melinda Higgs, Colorado NonprofitDevelopment Center
Kyle Hybl, El Pomar FoundationDoris Kester, Southern Colorado CommunityFoundation
Toni Larson, Independent Higher Educationof Colorado
Karen Leaffer, Faegre & Benson, LLPKathy Lower, Esq.Adrienne Mansanares, Community ResourceCenter
Christine Marquez, The Piton FoundationJames Mauck, Catholic CharitiesDan Mondragon, Work Options for WomenTammy Mulligan, Denver Urban MinistriesJackie Norris, Metro VolunteersAlan O’Hashi, Kaeru ProductionsPatricia Read, Independent SectorJackie Reynolds, Rural SolutionsJo Rosenquist, Western Colorado AIDS ProjectDavid Russell, Pueblo Government AgenciesFederal Credit Union
Ryan Sells, EKS&HScott Shields, Family Tree, Inc.Christiano Sosa, The Denver FoundationAllen Sparkman, Sparkman Shaffer Perlick, LLPTim Walsworth, United Way of SouthwestColorado
Richard Westfall, Hale-Friesen, LLPDebra Wilde, YouthZoneMarla Williams, Holme Roberts & Owen, LLPMichael Wisdom, San Luis Valley DevelopmentResources Group
Regional Advisory CouncilsMetro Denver RegionRich Audsley, Mile High United WayLinda Bowman, Community College of AuroraPaul A. Dunne, Inner City Health CenterCheryl Haggstrom, Community First FoundationLaura Kinder, The Volunteer Connection ofBoulder County
Stacy Lewis, Stacy Lewis and AssociatesBetsy Mangone, The Denver FoundationMaureen McDonald, Denver Metro ChamberFoundation
Gary Renville, Metro VolunteersGreta Walker, Denver Rescue MissionJesse F. Wolff, Community Shares of Colorado
Northeast RegionSara Allen, Consumer Credit CounselingService of Northern Colorado & SoutheastWyoming
Eric Berglund, Northern Colorado EconomicDevelopment Corporation
Ray Caraway, Community Foundation ofNorthern Colorado
Cynthia Evans, Monfort College of Businessat the University of Northern Colorado
Michele Haney, Morgan Community CollegeKathleen Henry, Colorado State UniversityFoundation
Judy Knapp, Community Foundation ServingGreeley and Weld County
Kay E. Stevens, Girl Scouts Mountain PrairieCouncil
Gordan Thibedeau, United Way of LarimerCounty, Inc.
Jeannine Truswell, United Way of Weld County
Northwest RegionPenny Cowden, St. Mary’s Hospital FoundationRebecca Frank, Grand Valley Catholic OutreachCraig Glogowski, Mesa State CollegePaul Major, Telluride FoundationJudy Riessen, Montrose Youth & CommunityFoundation
Mark Simpson, Colorado West RegionalMental Health, Inc.
Mike Stahl, Hilltop Community ResourcesNancy L. Stalf, United Way of Mesa CountyAnne Wenzel, Western Colorado CommunityFoundation
Southeast RegionAndrea Aragon, United Way of Pueblo CountyMidori Clark, Pueblo City–County LibraryTeri Erickson, Otero Junior CollegeJanet Fieldman, Pueblo Community HealthCenter Foundation
Mary Gunn, David and Lucile PackardFoundation
Judi Ivan, Pueblo CountyGovernment
Doris Kester, Southern ColoradoCommunity Foundation
Fran McClave, Pueblo CountyGovernment
Dena Sue Potestio, Colorado StateUniversity–Pueblo
David C. Russell, Jr., PuebloGovernment Agencies FederalCredit Union
Rod Slyhoff, Pueblo Chamber ofCommerce
Wynona Sullivan, The Women’sFoundation of Colorado
Cora Zaletel, Colorado StateUniversity–Pueblo
Southwest RegionJeannie Bennett, La Plata ElectricAssociation
Paulette Church, Durango AdultEducation Center, Inc.
Margie Deane Gray, Fort LewisCollege Foundation
Lon Erwin, Community FoundationServing Southwest Colorado
Marianne Fearn, A Theatre GroupKaren Hoskin, The Silverton Family CenterJulie Jessen, Town of Pagosa Springs
Susan Lander, Music in the MountainsJulie Levy, Region 9 Economic DevelopmentDistrict
Jack Llewellyn, Durango Chamber of CommerceSheri Rochford, Durango Foundation forEducational Excellence
Tom Steen, Archuleta County Education CenterTim Walsworth, United Way of SouthwestColorado
Safety CommitteeMichelle Adams, Pinnacol AssuranceTony Alexis, Food Bank of the RockiesVictoria Armstrong, Franciscan Friends of thePoor
Chris Conrad, Consumer Credit CounselingService of Denver
Sherry Edmond, Clinica TepeyacMargaret V. FeeCathy Hatfield, Jeffco Action CenterJoanne Hendryx, Denver Kids, Inc.Misty Howell, Regional Air Quality CouncilFund, Chair
Patrick McGill, Pinnacol AssuranceCasey Moreau, Girls Incorporated of MetroDenver
Susan Olson, Pinnacol AssuranceBarbara Shaw, Harrison Memorial AnimalHospital; also Mental Health Center ofDenver
Barbara Steiner-Renaldo, DevelopmentalDisabilities Resource Center
Cynthia Wadle, Anchor Center for BlindChildren
Dusty Willis, Colorado Clinical GuidelinesCollaborative
Four Mile Historic Park
13
The Colorado Nonprofit Association demonstrated sound fiscal management and accountability measures in2007, as shown in the audit completed in May 2008 by Kundinger, Corder & Engle, PC. The financialstatements shown are consolidating statements that represent the Colorado Nonprofit Association, Citizen
Action for Colorado Nonprofits (the Association’s 501(c)(4) arm), and Nonprofit Resources, Inc. (the for-profitinsurance agency owned by the Association).
For highlights of the 2007 consolidated and unconsolidated reports see p. 16.
2007 Financial Reporting(January 1–December 31, 2007)
Colorado Citizen Action NonprofitNonprofit for Colorado Resources,Association Nonprofits Inc. Eliminations Total_____________ _____________ _____________ _____________ _____________
Assets:Cash and cash equivalents $ 840,273 145 138,061 – 978,479Accounts receivable, net 25,494 – 82,037 – 107,531Contributions receivable 99,056 – – – 99,056Prepaid expenses and other 22,997 – 8,128 – 31,125Inventory 8,869 – – – 8,869Investment in Nonprofit Resources, Inc. 225,928 – – (225,928) –Insurance premium escrow – – 55,752 – 55,752Furniture and equipment, net 67,012 – 35,083 – 102,095Funds held in trust for others 16,659 16,659_____________ _____________ _____________ _____________ _____________Total Assets $ 1,289,626 145 335,720 (225,925) 1,399,566_____________ _____________ _____________ _____________ __________________________ _____________ _____________ _____________ _____________Liabilities and Net Assets:Accounts payable $ 94,389 – 71,285 – 165,674Accrued payroll expenses 20,823 – 16,388 – 37,211Deferred revenue 205,363 – – – 205,363Lease payable – – 5,460 – 5,460Note payable 12,548 – – – 12,548Deferred compensation – – 16,659 – 16,659_____________ _____________ _____________ _____________ _____________Total liabilities 333,123 – 109,792 – 442,915_____________ _____________ _____________ _____________ _____________
Common stock – – 100 (100) –Retained earnings – – 225,828 (225,828) –Net assets:Unrestricted:Undesignated 338,917 145 – – 339,062Designated 424,944 – – – 424,944_____________ _____________ _____________ _____________ _____________
763,861 145 225,928 (225,928) 764,006
Temporarily restricted 192,645 – – – 192,645_____________ _____________ _____________ _____________ _____________Total net assets 956,506 145 225,928 (225,928) 956,651_____________ _____________ _____________ _____________ _____________Total Liabilities and Net Assets $ 1,289,629 145 335,720 (225,928) 1,399,566_____________ _____________ _____________ _____________ __________________________ _____________ _____________ _____________ _____________
The complete Colorado Nonprofit Association 2007 Audit is available at www.ColoradoNonprofits.org/about.cfm.
Audited Financial StatementsColorado Nonprofit AssociationSchedule – Consolidating Statement of Financial Position InformationDecember 31, 2007
14
Colorado Nonprofit Association
TemporarilyUnrestricted Restricted________________ ________________
Revenues, gains and support:Contributions and grants $ 152,432 246,800Colorado Nonprofit Week 81,835 24,000Seminars and workshops 104,968 16,050Members’ support and dues 341,068 –Conferences 169,965 8,000Publication sales 14,618 –Advertising and mailing lists 30,648 –Commissions, royalities and fees for services 125,092 –Equity in subsidiary net income 39,851 –Interest income and other 20,758 –Net assets released from restrictions 376,681 (376,681)________________ ________________
Total revenues, gains and support 1,457,916 (81,831)________________ ________________
Expenditures:Program services:Colorado Nonprofit Week 90,101 –Education programs 167,895 –Member services 201,529 –Conferences 131,738 –Nonprofit advocacy 459,408 –Insurance services – – – 5________________ ________________Total program services 1,050,671 –________________ ________________
Supporting activities:Management and general 258,454 –Fundraising 39,295 –________________ ________________Total supporting activities 297,749 –________________ ________________Total expenditures 1,348,420 –________________ ________________
Change in net assets 109,496 (81,831)
Net assets at beginning of year 645,365 274,476Less dividend declared – – – (________________ ________________
Net assets at end of year $ 754,861 192,645________________ ________________________________ ________________
The complete Colorado Nonprofit Association 2007 Audit is available at www.ColoradoNonprofits.org/about.cfm.
Audited Financial Statements (continued)
Colorado Nonprofit AssociationSchedule – Consolidating Statement of ActivitiesYear Ended December 31, 2007
15
Citizen Action Nonprofit Totalfor Nonprofits Resources, Inc
TemporarilyUnrestricted Unrestricted Eliminations Unrestricted Restricted________________ ________________ ________________ ________________ ________________
– – 152,432 246,800– – – 81,835 24,000– – – 104,968 16,050– – – 341,068 –– – – 169,965 8,000– – – 14,618 –– – – 30,648 –– 861,179 (38,400) 947,871 –– – (39,851) – –
I – 3,325 – 24,083 –– – – 376,681 (376,681)________________ ________________ ________________ ________________ ________________– 864,504 (78,251) 2,244,169 (81,831)________________ ________________ ________________ ________________ ________________
– – – 90,101 –– – – 167,895 –– – – 201,529 –– – – 131,738 –– – – 459,408 –– 541,244 – 541,244 –________________ ________________ ________________ ________________ ________________– 541,244 – 1,591,915 –________________ ________________ ________________ ________________ ________________
– 283,409 (38,400) 503,463 –– – – 39,295 –________________ ________________ ________________ ________________ ________________– 283,409 (38,400) 542,758 –________________ ________________ ________________ ________________ ________________– 824,653 (38,400) 2,134,673 –________________ ________________ ________________ ________________ ________________
– 39,851 (39,851) 109,496 (81,831)
145 216,077 (212,824) 654,510 274,476– (30,000) 30,000 – –________________ ________________ ________________ ________________ ________________
145 225,928 (222,675) 764,006 192,645________________ ________________ ________________ ________________ ________________________________ ________________ ________________ ________________ ________________
Metropolitan Jazz Orchestra
16
Highlights from theConsolidated Report� Contributions receivabledecreased from $168,255in 2006 to $99,056 in2007, primarily due toreceipt of contributionsrelated to the ColoradoGenerosity Project.
�Accounts payableincreased from $101,496in 2006 to $165,674 in2007, mostly due topayments owed toCorona Research andJohns Hopkins Universityfor their work on theEconomic Impact Study(a study for the Colorado GenerosityProject).
�Nonprofit Resources, Inc. had netincome of $39,851 and was able todistribute a $30,000 dividend to theColorado Nonprofit Association.
� Key not-for-profit ratios for theColorado Nonprofit Association(only):
�Overhead compared to totalrevenue in 2007: $297,749 /$1,376,085 = 22%
�Overhead compared to totalrevenue in 2006: $329,690 /$1,385,883 = 24%
(Overhead spending of less than 25%of total spending is consideredacceptable.)
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
2002 2003 2004 2005 2006 2007
Program Service ExpenseTotal Revenue (from 990)
Growth in Revenue vs. Growth in Program Service Expense
Expenditures by Function
Administration19%
Fundraising3%
Program Service78%
2007 Income by Type
MembershipDues26%
Program ServiceRevenue
29%
Other2%
Public Support43%
Highlights from the Unconsolidated Report
While the Colorado NonprofitAssociation is a membershiporganization, only 26 percent of itsrevenues is attributable to membershipdues. Twenty-nine percent is obtained asearned income resulting from training,conferences and special programs. Forty-three percent of 2007 revenues camefrom public sources. The Association’slong-term goal is to distribute incomegeneration more equitably by continuingto diversify funding sources.
Seventy-eight percent of expenditureswent to program services, 19 percent toadministrative expenses – even as theAssociation increased its leadership rolein speaking on behalf of and advocatingfor the sector.
The Colorado Nonprofit Associationrealized modest growth in 2007. Whilethe Colorado Generosity Project brought
new initiatives to the Association, thefocus for 2007 was to strengthen andenhance existing programs. Unrestrictednet assets increased by $121,761 in 2007,but temporarily restricted net assetsdecreased by $81,831. This shift in netassets relates to restricted gifts that werereceived in 2006 and expended in 2007(for the Colorado Generosity Project).
Although total revenue in 2007 wasdown (compared to 2006, when theAssociation’s 20th Anniversary Galahelped to create a spike), all programssaw an increase in revenue except for theSpring Conference, which experienced adecrease of about $15,000. TheColorado Generosity Project brought inabout $197,000 in 2007 contributionscompared to $228,000 in 2006. Of the$197,000, about $60,000 is included incontributions receivable. The LeadershipLuncheon series generated $74,000.
17
Major SupportersThe following contributors, all of whom havedemonstrated a steadfast commitment toColorado’s nonprofit sector, provided significantmulti-year or multi-use grants to the ColoradoNonprofit Association in 2007. Their generosityis also acknowledged below under specificprograms and events supported.
Adolph Coors FoundationAnschutz Family FoundationBoettcher FoundationBonfils-Stanton FoundationThe Colorado Health FoundationColorado Housing and Finance AuthorityThe Colorado TrustDaniels FundThe Denver FoundationEhrhardt Keefe Steiner & Hottman, PC (EKS&H)First National Bank of ColoradoHelen K. and Arthur E. Johnson FoundationHolme Roberts & Owen, LLPThe Janus FoundationMile High United WayPinnacol AssuranceThe Piton FoundationQwestRose Community FoundationU.S. BankWashington MutualWestern Union Foundation
General Operating SupportAdolph Coors FoundationBonfils-Stanton FoundationThe Colorado Health FoundationDaniels FundThe Denver FoundationGill FoundationThe Janus FoundationSchlessman Family Foundation
Colorado Generosity ProjectAdolph Coors FoundationAnschutz Family FoundationAspen Community FoundationBohemian FoundationBonfils-Stanton FoundationColorado Housing and Finance AuthorityCommunity Foundation of Northern ColoradoCommunity Foundation Serving Boulder CountyCommunity Foundation Serving Greeley andWeld County
Community Foundation Serving SouthwestColorado
The Denver FoundationEhrhardt Keefe Steiner & Hottman, PC (EKS&H)Foothills United WayHelen K. and Arthur E. Johnson FoundationHolme Roberts & Owen, LLPThe Janus FoundationMile High United WayMontrose Youth and Community FoundationPikes Peak Community FoundationPikes Peak United WayThe Piton FoundationPueblo County United WayQwestSouthern Colorado Community FoundationThe Telluride FoundationTemple Hoyne Buell FoundationUnited Way of Larimer CountyUnited Way of Mesa CountyUnited Way of Weld CountyU.S. BankWashington MutualWestern Colorado Community FoundationWestern Union FoundationXcel Energy Foundation
Principles andPractices ProgramEhrhardt Keefe Steiner & Hottman, PC (EKS&H)Holme Roberts & Owen, LLPWashington Mutual
Event Sponsors and DonorsEastern Region Conference, PuebloPresenting SponsorGay & Lesbian Fund for ColoradoGold-Plus SponsorAnschutz Family FoundationSilver SponsorsThe Colorado TrustBonfils-Stanton FoundationBronze SponsorsColorado Housing and Finance AuthorityPinnacol AssuranceDonorsThe Pueblo Chieftain(Media Sponsor – In-kind)
The Fuel Team (Continental Breakfast Sponsor)Crossroads’ Turning Points, Inc.(Table Sponsor)
Daniels FundDavid and Lucile Packard FoundationMcPherson, Breyfogle, Daveline andGoodrich, PC
Nonprofit Resources, Inc.Office Depot (In-Kind)Parkview Medical Center (Table Sponsor)Pueblo Community Health CenterSouthern Colorado Community FoundationU.S. Bank
Rock Bottom Foundation
2007 Donors and Sponsors
Dalit Freedom Network
18
Fall Conference, DenverPresenting SponsorThe Denver FoundationMedia SponsorPost-News Community (In-kind)Gold SponsorsDaniels FundQwestSilver SponsorsColorado Housing and Finance AuthorityCommunity First FoundationPinnacol AssuranceBronze SponsorsCaring for Colorado FoundationNovo GroupRegis UniversityCopper SponsorThe Colorado TrustDonorsCCB PartnersNonprofit Resources
Colorado Nonprofit Week AwardsLuncheonAwards SponsorBoettcher FoundationMedia SponsorPost-News Community (In-kind)Gold SponsorGay & Lesbian Fund for ColoradoSilver SponsorsColorado Housing and Finance AuthorityFirst National Bank of ColoradoPinnacol AssuranceBronze SponsorsCompass BankDaniels FundDevelopmental Disabilities Resource CenterEhrhardt Keefe Steiner & Hottman, PC (EKS&H)Wells FargoCopper SponsorKundinger, Corder, & Engle, PC
Leadership Luncheon SeriesBonfils-Stanton FoundationColorado Housing and Finance AuthorityCompass BankU.S. Bank
Premium Level BusinessMembersAmCheckAnton Collins Mitchell, LLPCBIZ & Mayer Hoffman McCann, P.C.Key BankMountain States Employers CouncilOffice DepotQwestRoecker Consulting Group, LLCSaltzman Hamma Nelson Massaro, LLPUniversity of Northern ColoradoMonfort College of Business
Wells Fargo Brokerage Services
Individual DonorsRebecca ArnoJean Boswell McSpaddenJuan BotelloChris ChavezSteve CorderDavid Deforest-StallsKristin DonovanTom DowneySusan FranceWilliam & Natalie FunkAngel GutierrezJane HansberryMary Anne HarveyJudy Jepson HeggeAnn HinkinsSue MohrmanCarrie NolanPatty OrtizKatherine PeckJeff PryorKarla RainesPatricia ReadDavid RussellGary SchrenkMary & George SissellEric SondermannDavid & Barbara SpeerJeanine SpellmanGully StanfordTim WalsworthRichard Westfall
Kids in Need of Dentistry
Denver Urban Ministries
455 Sherman StreetSuite 207Denver, CO 80203
455 Sherman Street, Suite 207, Denver, CO 80203
(303) 832-5710 / (800) 333-6554 (303) 894-0161 fax
www.ColoradoNonprofits.org
(clockwise from upper left):Habitat for Humanity
of Colorado, The ChildrensMuseum of Denver, Food Bankof the Rockies, Rocky MountainCenter for the Musical Arts.
PRESORTEDSTD
U.S. POSTAGEPAID
PERMIT NO. 510DENVER, CO