COLORADO NURSES FOUNDATION

EIN: 742523583 501(c)(3)

OKEMOS, MI

Total Revenue
$89,526
Total Expenses
$109,940
Total Assets
$774,202
Net Assets
$753,934
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
CO
Principal Officer
CAROL OMEARA
Phone
5172463275
Tax Period
2023-01-01 to 2023-12-31

COLORADO NURSES FOUNDATION, founded in 1988, is a micro nonprofit that reported $90K in total revenue in fiscal year 2023. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $110K exceeded revenue, resulting in a 23% operating deficit.

Mission

TO PROVIDE A MEANS FOR NURSES, OTHER HEALTH CARE PROVIDERS AND CONSUMERS TO WORK TOGETHER FOR QUALITY HEALTH CARE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $57,790
Program Service Revenue $0
Investment Income $31,736
Other Revenue $0
TOTAL REVENUE $89,526

Expense Breakdown

Grants Paid $0
Salaries & Benefits $37,793
Fundraising Expenses $7,951
Program Expenses $101,989
Other Expenses $67,309
TOTAL EXPENSES $109,940

Year-over-Year Comparison

2023 2022 Change
Revenue $89,526 $154,998 -0.4%
Expenses $109,940 $165,909 -0.3%
Net Income $-20,414 $-10,911 +0.9%
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
13
Independent Members
2092
Employees
1
Volunteers
100

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
10
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CALLIE ANNE BITNER DIRECTOR 1.00
Director
$0 $0 $0
JEANNE BURNKRANT DIRECTOR 1.00
Officer Director
$0 $0 $0
M COLLEEN CASPER EX-OFFICER 1.00
Officer Director
$0 $0 $0
LOLA FEHR DIRECTOR 1.00
Officer Director
$0 $0 $0
TONDELEYO GONZALEZ DIRECTOR 1.00
Director
$0 $0 $0
EVE HOYGAARD TREASURER 2.00
Officer Director
$0 $0 $0
SARA JARRETT VICE PRESIDE 2.00
Officer Director
$0 $0 $0
MARGARET MULHALL PRESIDENT 4.00
Officer Director
$0 $0 $0
CAROL OMEARA SECRETARY 2.00
Officer Director
$0 $0 $0
LAURA ROSENTHAL EX OFFICIO 1.00
Officer Director
$0 $0 $0
BETSY WOOLF DIRECTOR 1.00
Officer Director
$0 $0 $0
LISA ZENONI DIRECTOR 2.00
Officer 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
2024 No data No data No data No data
2023 $89,526 $109,940 $774,202 $-20,414
2022 $154,998 $165,909 $730,386 $-10,911
2021 $116,212 $98,169 $899,771 $18,043
2020 $86,464 $120,846 $850,242 $-34,382
2019 $82,520 $91,944 $847,415 $-9,424
2018 $84,188 $87,621 $763,439 $-3,433
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