WHEAT RIDGE, CO
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Sign In — Free (10 views/day)WHEAT RIDGE 2020 INC, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $678K in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. Expenses of $897K exceeded revenue, resulting in a 32% operating deficit.
WHEAT RIDGE 2020, INC. DBA LOCALWORKS ADVANCES WHEAT RIDGE, COLORADO, AS A VIBRANT AND SUSTAINABLE COMMUNITY. LOCALWORKS FOCUSES ON PROVIDING PROGRAMS AND RESOURCES THAT ENHANCE ECONOMIC DEVELOPMENT, NEIGHBORHOOD REVITALIZATION, CIVIC ENGAGEMENT AND ARTS AND CULTURE.
SPECIAL EVENTS, BUSINESS PROMOTION, BUSINESS STABILITYDESCRIPTION: LOCALWORKS PROVIDED THREE LARGE COMMUNITY EVENTS, THE WEST 29TH MARKETPLACE BLOCK PARTY, RIDGEFEST AND THE EXPLORE44 RAD RETRO RUN...
SPECIAL EVENTS, BUSINESS PROMOTION, BUSINESS STABILITYDESCRIPTION: LOCALWORKS PROVIDED THREE LARGE COMMUNITY EVENTS, THE WEST 29TH MARKETPLACE BLOCK PARTY, RIDGEFEST AND THE EXPLORE44 RAD RETRO RUN. LOCALWORKS ALSO PROVIDED BUILDING UP BUSINESS LOANS, SUPPORTING LOCAL WHEAT RIDGE BUSINESSES WITH BOTH BRICK AND MORTAR IMPROVEMENTS AND INTERNAL PROCESSING IMPROVEMENTS. LOCALWORKS ALSO HOSTED A GOLF TOURNAMENT IN SEPTEMBER, $14,591 WAS RAISED IN SUPPORT OF THE LOCALWORKS MISSION.
COMMUNITY ENGAGEMENT, PROMOTION OF VOLUNTEERISM AND CLEANER COMMUNITIESDESCRIPTION: LOCALWORKS PROVIDES BLOCK PARTY GRANTS, A BLOCK PARTY LIBRARY HOUSED WITH EQUIPMENT FOR WHEAT RIDGE RESIDENTS TO...
COMMUNITY ENGAGEMENT, PROMOTION OF VOLUNTEERISM AND CLEANER COMMUNITIESDESCRIPTION: LOCALWORKS PROVIDES BLOCK PARTY GRANTS, A BLOCK PARTY LIBRARY HOUSED WITH EQUIPMENT FOR WHEAT RIDGE RESIDENTS TO CHECK OUT FOR FREE, TLC CLEAN UP DAYS, NEIGHBORHOOD DUMPSTER GRANTS AND MOVIES IN THE PARK TO PROMOTE COMMUNITY, ENGAGEMENT, VOLUNTEERISM, WHILE PROMOTING CLEANER AND SAFER COMMUNITIES. THERE WERE 15 NEIGHBORHOOD DUMPSTER GRANTS THAT NEIGHBORS GATHERED AND FILLED DUMPSTERS WITH DEBRIS AND JUNK, COMING TOGETHER AND BEAUTIFYING THEIR NEIGHBORHOOD. THERE WERE FOUR TLC DUMPSTER DAYS IN PARTNERSHIP WITH THE CITY OF WHEAT RIDGE POLICE DEPARTMENT, 15 BLOCK PARTY GRANTS UP TO $150 EACH TO PROMOTE NEIGHBORS TO GATHER TOGETHER TO BETTER RETAIN RESIDENTS IN THE CITY OF WHEAT RIDGE. LOCALWORKS ALSO HOSTED 10 LIVE LOCAL EVENTS, GETTING RESIDENTS INSIDE OF LOCAL BUSINESSES TO SHOP AND LIVE LOCAL.
MAKERSPACEDESCRIPTION: LOCALWORKS REMODELED A 7,500 SQUARE FOOT SPACE DONATED BY THE CITY OF WHEAT RIDGE AND PROCURED EQUIPMENT TO FILL THE FABRICATION SHOP, WOODSHOP AND METAL SHOP. LOCALWORKS...
MAKERSPACEDESCRIPTION: LOCALWORKS REMODELED A 7,500 SQUARE FOOT SPACE DONATED BY THE CITY OF WHEAT RIDGE AND PROCURED EQUIPMENT TO FILL THE FABRICATION SHOP, WOODSHOP AND METAL SHOP. LOCALWORKS OPENED THE PROGRAM, CLEAR CREEK MAKERSPACE ON MARCH 30TH, 2024 AND MEMBERSHIPS BECAME AVAILABLE FOR THE PUBLIC ON APRIL 1ST, 2024. THE COSTS ASSOCIATED WITH THE EQUIPMENT PURCHASE AND RENOVATION WERE APPROVED TO BE AN INVESTMENT FROM THE LOCALWORKS BOARD OF DIRECTORS. THIS YEAR'S EXPENSES ASSOCIATED ARE A ONE-TIME CAPITAL INVESTMENT FOR PHASE I OF CLEAR CREEK MAKERSPACE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $677,733 | $388,221 | +0.7% |
| Expenses | $896,837 | $520,302 | +0.7% |
| Net Income | $-219,104 | $-132,081 | +0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PAIGE PIPER | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$102,178 | $4,726 | $106,904 |
| DARIN HAMMERSCHMIDT | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| CHERYL BLUM GARCIA | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| ROSS CARPENTER | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| MIKE HEYER | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| DAN GRAEVE | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| STEPHANIE TAYLOR | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| TERRY WOMBLE | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| ERIC MARTINEZ | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| TADD OVERSTREET | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| MELISSA SCOFIELD | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| JEREMY LAUFER | PRESIDENT | 0.75 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID KUETER | VICE PRESIDENT | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| JILL GASSEN | TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| NICOLE KOSTELECKY | SECRETARY | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $677,733 | $896,837 | $1,965,695 | $-219,104 |
| 2023 | $388,221 | $520,302 | $2,173,577 | $-132,081 |
| 2022 | $511,850 | $457,341 | $1,726,064 | $54,509 |
| 2021 | $517,831 | $452,305 | $1,700,928 | $65,526 |
| 2020 | $499,304 | $527,612 | $1,644,120 | $-28,308 |
| 2019 | $605,071 | $696,901 | $1,672,277 | $-91,830 |
| 2018 | $995,291 | $676,184 | $1,764,855 | $319,107 |
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