Illuminate Colorado (EIN 571185029) - Form 990 Financial Analysis & Trantor Score

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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

2003

Legal Domicile

Principal Officer

Kathryne J Woodard

Phone

3038450193

Tax Period

2023-01-01 to 2023-12-31

Illuminate Colorado, founded in 2003, is a community nonprofit in the Youth Development sector that reported $4.7M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,543,070

Program Service Revenue $206,507

Investment Income $0

Other Revenue $-15,767

TOTAL REVENUE $4,733,810

Expense Breakdown

Grants Paid $306,520

Salaries & Benefits $2,632,259

Fundraising Expenses $167,537

Program Expenses $3,678,931

Other Expenses $1,753,381

TOTAL EXPENSES $4,692,160

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,733,810	$3,757,366	+0.3%
Expenses	$4,692,160	$3,888,004	+0.2%
Net Income	$41,650	$-130,638	-1.3%

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

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

$125,536

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jenna Seigel	Chair	1.00	Officer Director	$0	$0	$0
Tanner Sandoval	Vice Chair	1.00	Officer Director	$0	$0	$0
Dr Skip Barber	Treasurer	1.00	Officer Director	$0	$0	$0
Liz Mooney	Secretary	1.00	Officer Director	$0	$0	$0
Rob Seigel	Board Member	1.00	Director	$0	$0	$0
Lindsey Gorzalski Hocking	Board Member	1.00	Director	$0	$0	$0
Jenae Anderson	Board Member	1.00	Director	$0	$0	$0
Beverley Besha Moore	Board Member	1.00	Director	$0	$0	$0
Jackie Steinle	Board Member	1.00	Director	$0	$0	$0
Kathryne Woodard	Executive Director	40.00	Officer	$125,536	$0	$125,536

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	No data	No data	No data	No data
2023	$4,733,810	$4,692,160	$1,894,926	$41,650
2023	$4,743,690	$4,723,093	$1,894,926	$20,597
2022	$3,757,366	$3,888,004	$1,226,933	$-130,638
2021	$2,672,102	$2,477,524	$1,321,763	$194,578
2020	$2,503,823	$2,240,181	$1,258,417	$263,642
2019	$1,646,359	$1,280,717	$735,795	$365,642
2018	$1,167,205	$940,994	$351,735	$226,211

Illuminate Colorado