DOWNTOWN DENVER EVENTS INC

EIN: 201168758 501(c)(3)

DENVER, CO

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CO
Principal Officer
KOURTNY GARRETT
Phone
3035346161
Tax Period
2024-07-01 to 2025-06-30

Mission

DOWNTOWN DENVER EVENTS WAS A NON-PROFIT ENTITY FOCUSED ON THE ACTIVATION OF THE DOWNTOWN DENVER PUBLIC REALM. THE ORGANIZATION PRODUCED PARADES, FESTIVALS, CONCERTS AND EXHIBITS TO ENGAGE THE COMMUNITY. THE ORGANIZATION ALSO COLLABORATED WITH OTHER ORGANIZATIONS TO PRODUCE AND SUPPORT SIMILAR ACTIVITIES. AS OF JULY 1, 2024, THE ORGANIZATION MERGED WITH DENVER CIVIC VENTURES, INC.

Program Service Accomplishments

Program 1

AS OF JULY 1, 2024, THE ORGANIZATION MERGED WITH DENVER CIVIC VENTURES, INC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue N/A $924,961 -1.0%
Expenses N/A $2,100,125 -1.0%
Net Income N/A $-1,175,164 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$590,728
Total Directors
2
$590,728
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KOURTNY GARRETT PRESIDENT & 0.00
Officer Director
$0 $33,969 $590,728
ELIZABETH SALOMON DDP TREASURE 0.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $924,961 $2,100,125 $-6,036,143 $-1,175,164
2023 $1,786,305 $3,383,585 $-4,886,362 $-1,597,280
2022 $2,252,393 $2,770,798 $-3,259,692 $-518,405
2021 $582,659 $1,211,642 $-2,806,069 $-628,983
2020 $4,147,946 $5,562,933 $-2,224,994 $-1,414,987
2019 $5,045,322 $6,192,847 $-538,812 $-1,147,525
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