PLATTEFORUM

EIN: 710891869 501(c)(3) Arts, Culture & Humanities

DENVER, CO

Total Revenue
$402,312
Total Expenses
$746,840
Total Assets
$378,160
Net Assets
$319,417
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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
2002
Legal Domicile
CO
Principal Officer
KENDALL KULTGEN
Phone
3038930791
Tax Period
2024-09-01 to 2025-08-31

PLATTEFORUM, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $402K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $747K exceeded revenue, resulting in a 86% operating deficit.

Mission

USING THE ARTS AS A BRIDGE, WE CONNECT YOUTH AND ARTISTS WITH RESOURCES TO REACH THEIR FULL POTENTIAL.

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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 $386,535
Program Service Revenue $3,407
Investment Income $12,370
Other Revenue $0
TOTAL REVENUE $402,312

Expense Breakdown

Grants Paid $0
Salaries & Benefits $427,568
Fundraising Expenses $77,269
Program Expenses $525,968
Other Expenses $319,272
TOTAL EXPENSES $746,840

Year-over-Year Comparison

2024 2023 Change
Revenue $402,312 $891,969 -0.5%
Expenses $746,840 $669,638 +0.1%
Net Income $-344,528 $222,331 -2.5%
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
10
Independent Members
10
Employees
12
Volunteers
30

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
6
$59,930
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER OLSON EXECUTIVE DI 40.00
Officer
$56,253 $3,677 $59,930
LEN KEATING CHAIR 2.00
Officer Director
$0 $0 $0
ANDI SAVAGE VICE CHAIR 2.00
Officer Director
$0 $0 $0
ALEX HOLDERNESS TREASURER 2.00
Officer Director
$0 $0 $0
WILL CHAN IMMEDIATE PA 2.00
Officer Director
$0 $0 $0
ANGELA GUNN SECRETARY 2.00
Officer Director
$0 $0 $0
LEILANI ABEYTA ARTIST VOICE 1.00
Director
$0 $0 $0
JOANNE KATZ BOARD MEMBER 1.00
Director
$0 $0 $0
HOLDEN KUDLA ARTIST VOICE 1.00
Director
$0 $0 $0
ALEXIS NIGHTENGALE BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN LABRA VERGARA BOARD MEMBER 1.00
Director
$0 $0 $0
JENNA DIAZ-GONZALEZ BOARD MEMBER 1.00
Director
$0 $0 $0
MARGARET ROSFELD BOARD MEMBER 1.00
Director
$0 $0 $0
DIEGO PONCE YOUTH VOICE 1.00
Director
$0 $0 $0
JASMINE SEEBER YOUTH VOICE 1.00
Director
$0 $0 $0
EDER ZABALA YOUTH VOICE 1.00
Director
$0 $0 $0
AMELIA RANGEL-ORTA YOUTH VOICE 1.00
Director
$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
2025 $402,312 $746,840 $378,160 $-344,528
2024 $891,969 $669,638 $790,476 $222,331
2023 $626,900 $647,357 $649,845 $-20,457
2022 $911,521 $582,100 $599,874 $329,421
2021 $594,064 $538,641 $295,641 $55,423
2020 $510,546 $521,582 $153,946 $-11,036
2019 $426,351 $418,479 $183,700 $7,872
2018 $371,283 $367,467 $160,811 $3,816
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