COLORADO WORKERS FOR INNOVATIVE AND NEW SOLUTIONS

EIN: 371573609

PUEBLO, CO

Total Revenue
$6,244,195
Total Expenses
$6,138,996
Total Assets
$3,757,693
Net Assets
$3,755,138
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CO
Principal Officer
HILARY GLASGOW
Phone
7195450677
Tax Period
2024-01-01 to 2024-12-31

COLORADO WORKERS FOR INNOVATIVE AND NEW SOLUTIONS, founded in 2008, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

COLORADO WORKERS FOR INNOVATIVE AND NEW SOLUTIONS (COWINS) IS A UNION REPRESENTING STATE EMPLOYEES WHO WORK TO ENSURE OUR QUALITY OF LIFE IN COMMUNITIES ACROSS THE STATE. OUR MEMBERS CARE FOR VETERANS, THE SICK, AND THE DISABLED, MAINTAIN THE SAFETY AND USE OF OUR ROADS AND BRIDGES, PROTECT THE QUALITY OF OUR DRINKING WATER AND AIR, ASSIST THOSE HURT BY THE ECONOMIC DOWNTURN, PROVIDE STEWARDSHIP TO PUBLIC LANDS AND BOOST TOURISM, KEEP OUR JAILS AND COMMUNITIES SECURE, AND PROVIDE MANY OTHER ESSENTIAL SERVICES.

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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 $257,869
Program Service Revenue $5,865,137
Investment Income $73,931
Other Revenue $47,258
TOTAL REVENUE $6,244,195

Expense Breakdown

Grants Paid $121,619
Salaries & Benefits $3,165,386
Fundraising Expenses $0
Other Expenses $2,851,991
TOTAL EXPENSES $6,138,996

Year-over-Year Comparison

2024 2023 Change
Revenue $6,244,195 $5,548,396 +0.1%
Expenses $6,138,996 $4,876,390 +0.3%
Net Income $105,199 $672,006 -0.8%
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
12
Independent Members
12
Employees
25
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
4
$204,085
Total Directors
11
$12,000
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SKIP MILLER PRESIDENT 15.00
Officer Director
$12,000 $0 $12,000
MIKE POWERS TREASURER 5.00
Officer Director
$0 $0 $0
STEPHEN ARAUZA SECRETARY 5.00
Officer Director
$0 $0 $0
PARKER CAGLE-SMITH DISTRICT CHAIR 5.00
Director
$0 $0 $0
CAROLINE FULLER DISTRICT CHAIR 5.00
Director
$0 $0 $0
DIANE BYRNE DISTRICT CHAIR 5.00
Director
$0 $0 $0
ERIC OLSEN DISTRICT CHAIR 5.00
Director
$0 $0 $0
CAROL JACKSON DISTRICT CHAIR 5.00
Director
$0 $0 $0
BRIAN HINES DISTRICT CHAIR 5.00
Director
$0 $0 $0
RICK REYES DISTRICT CHAIR 5.00
Director
$0 $0 $0
LORENZO HARRIS DISTRICT CHAIR 5.00
Director
$0 $0 $0
HILARY GLASGOW EXECUTIVE DIRECTOR 40.00
Officer
$133,228 $58,857 $192,085
NICHOLAS VOSS CHIEF OF STAFF 40.00
Highest
$123,244 $56,760 $180,004
MIKE FOSTER ORGANIZING DIRECTOR 40.00
Highest
$128,884 $57,945 $186,829
PAMELA CRESS GRIEVANCE COORDINATOR 40.00
Highest
$113,672 $54,750 $168,422
VINU ZACHARIAH POLITICAL DIRECTOR 40.00
Highest
$104,916 $52,911 $157,827
ERIC SHAFFER SENIOR ORGANIZER 40.00
Highest
$104,426 $52,808 $157,234
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
2024 $6,244,195 $6,138,996 $3,757,693 $105,199
2023 $5,548,396 $4,876,390 $3,655,420 $672,006
2022 $3,985,173 $3,582,751 $3,018,789 $402,422
2021 $3,820,912 $2,777,689 $2,581,614 $1,043,223
2020 $3,197,629 $2,096,852 $1,538,270 $1,100,777
2019 $1,620,967 $1,338,171 $431,270 $282,796
2018 $1,282,148 $1,421,623 $148,314 $-139,475
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