RAFT(RESOURCE AREA FOR TEACHING)CO… - Form 990 Financial Data

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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

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.

Program Service Accomplishments

Program 1

Expenses: $141,137 Revenue: $90,574

EDUCATION PROGRAM: RAFT PROVIDES HANDS-ON TOOLS AND TRAINING TO EDUCATORS, HELPING THEM ENGAGE THEIR STUDENTS FOR DEEPER LEARNING IN THEIR CLASSROOMS. RAFT'S PROFESSIONAL LEARNING SESSIONS ALLOW...

EDUCATION PROGRAM: RAFT PROVIDES HANDS-ON TOOLS AND TRAINING TO EDUCATORS, HELPING THEM ENGAGE THEIR STUDENTS FOR DEEPER LEARNING IN THEIR CLASSROOMS. RAFT'S PROFESSIONAL LEARNING SESSIONS ALLOW TEACHERS TO LEARN NEW SKILLS, SHARE BEST PRACTICES AND GROW AS AN EDUCATIONAL COMMUNITY. EVERY YEAR, RAFT HOSTS DOZENS OF PROFESSIONAL DEVELOPMENT WORKSHOPS, SUPPORTING HUNDREDS OF COLORADO TEACHERS ACROSS GRADE LEVELS AND CONTENT AREAS. RAFT ALSO CREATES CURRICULA AND HANDS-ON LEARNING ACTIVITIES THAT ALIGN WITH CURRENT EDUCATIONAL STANDARDS AND PROVIDE EDUCATORS WITH AFFORDABLE OPTIONS FOR USE IN THEIR CLASSROOMS TO INSPIRE A LIFELONG LOVE OF LEARNING AMONG STUDENTS.

Program 2

Expenses: $198,073 Revenue: $41,900

RESOURCE CENTER: RAFT HAS A RESOURCE CENTER LOCATED IN DENVER, COLORADO WHERE MEMBERS ARE ABLE TO SHOP FOR AFFORDABLE, PRE-PACKAGED LEARNING ACTIVITIES, UPCYCLED BULK MATERIALS AND ADDITIONAL...

RESOURCE CENTER: RAFT HAS A RESOURCE CENTER LOCATED IN DENVER, COLORADO WHERE MEMBERS ARE ABLE TO SHOP FOR AFFORDABLE, PRE-PACKAGED LEARNING ACTIVITIES, UPCYCLED BULK MATERIALS AND ADDITIONAL CLASSROOM SUPPLIES. RAFT'S USE OF REPURPOSED AND DONATED MATERIALS ALLOWS RAFT TO KEEP THE PRICES LOW AND EDUCATORS ARE ABLE TO STRETCH THEIR BUDGETS TWICE AS FAR.

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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%)

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

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

RAFT(RESOURCE AREA FOR TEACHING)COLORADO