RAFT(RESOURCE AREA FOR TEACHING)COLORADO

EIN: 262455607 501(c)(3)

DENVER, CO

Total Revenue
$232,311
Total Expenses
$454,430
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
2008
Legal Domicile
CO
Principal Officer
STEPHANIE WELSH
Phone
3035482587
Tax Period
2019-07-01 to 2019-12-31

RAFT(RESOURCE AREA FOR TEACHING)COLORADO, founded in 2008, is a small nonprofit that reported $232K in total revenue in fiscal year 2019. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $454K exceeded revenue, resulting in a 96% operating deficit.

Mission

SUPPORT PRE-K-12 TEACHERS, AFTER-SCHOOL TEACHERS, CHILD CARE PROVIDERS, AND NON-PROFIT COMMUNITIES WITH AFFORDABLE RESOURCES THAT PROMOTE INTERACTIVE LEARNING.

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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 (2019)

Revenue Breakdown

Contributions & Grants $174,806
Program Service Revenue $132,474
Investment Income $-68,556
Other Revenue $-6,413
TOTAL REVENUE $232,311

Expense Breakdown

Grants Paid $0
Salaries & Benefits $244,959
Fundraising Expenses $59,974
Program Expenses $339,210
Other Expenses $209,471
TOTAL EXPENSES $454,430

Year-over-Year Comparison

2019 2018 Change
Revenue $232,311 $475,083 -0.5%
Expenses $454,430 $482,798 -0.1%
Net Income $-222,119 $-7,715 +27.8%
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
17
Independent Members
17
Employees
14
Volunteers
572

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
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIN BENDER MEMBER 1.00
Director
$0 $0 $0
BARRY KLUGER-BELL PHD MEMBER 1.00
Director
$0 $0 $0
MARK KURTENBACH MEMBER 1.00
Director
$0 $0 $0
CAROL MCDERMOTT MEMBER 1.00
Director
$0 $0 $0
MARY MCMANIGLE MEMBER 1.00
Director
$0 $0 $0
MICHELLE MORGRIDGE MEMBER 1.00
Director
$0 $0 $0
DIANE NEWCOM MEMBER 1.00
Director
$0 $0 $0
JODY PHELPS MEMBER 1.00
Director
$0 $0 $0
KEVIN SEGGELKE BOARD CHAIR 1.00
Director
$0 $0 $0
JANE SODERBERG MEMBER 1.00
Director
$0 $0 $0
DAVID WILKINS MEMBER 1.00
Director
$0 $0 $0
MADISON CARTER CO-SECRETARY 1.00
Officer
$0 $0 $0
LISA DONOVAN CO-SECRETARY 1.00
Officer
$0 $0 $0
VIOLETA GARCIA PHD MEMBER 1.00
Officer
$0 $0 $0
BRENT GEIST TREASURER 1.00
Officer
$0 $0 $0
JOSHUA HUNT VICE CHAIR 1.00
Officer
$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
2019 $232,311 $454,430 No data $-222,119
2018 $845,825 $950,164 $283,513 $-104,339
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