Colorado Succeeds

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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

2006

Legal Domicile

Principal Officer

Scott Laband

Phone

3038930707

Tax Period

2024-01-01 to 2024-12-31

Colorado Succeeds, founded in 2006, is a community nonprofit in the Education sector that reported $4.6M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $3.9M left a modest 14% surplus.

Mission

A non-partisan coalition of business leaders committed to improving the state's education system.

Program Service Accomplishments

Program 1

Expenses: $3,738,887

Colorado Succeeds initiates, collaborates, and supports educational initiatives that are consistent with sound business principles and leverage the influence of the busines scommunity to improve...

Colorado Succeeds initiates, collaborates, and supports educational initiatives that are consistent with sound business principles and leverage the influence of the busines scommunity to improve education in Colorado.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,403,633

Program Service Revenue $1,035,479

Investment Income $161,697

Other Revenue $0

TOTAL REVENUE $4,600,809

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,048,710

Fundraising Expenses $60,158

Program Expenses $3,738,887

Other Expenses $1,899,808

TOTAL EXPENSES $3,948,518

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,600,809	$3,240,639	+0.4%
Expenses	$3,948,518	$2,528,051	+0.6%
Net Income	$652,291	$712,588	-0.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Linda Peotter	Chair	5.00	Officer Director	$0	$0	$0
Cory Foreman	Director	5.00	Director	$0	$0	$0
Joe Kuntner	Director	5.00	Director	$0	$0	$0
Brent Abraham	Director	5.00	Director	$0	$0	$0
Brooke Borgen	Director	5.00	Director	$0	$0	$0
Dave Espinosa	Director	5.00	Director	$0	$0	$0
Phillip Stephanus	Director	5.00	Director	$0	$0	$0
Demesha Hill	Director	5.00	Director	$0	$0	$0
Tom Brinegar	Director	5.00	Director	$0	$0	$0
Kyle Harris	Director	5.00	Director	$0	$0	$0
John Heyliger	Director	5.00	Director	$0	$0	$0
Katie Kruger	Director	5.00	Director	$0	$0	$0
Lalitha Christian	Director	5.00	Director	$0	$0	$0
Wes Parham	Director	5.00	Director	$0	$0	$0
Shannon Nicholas	Chief of Staff	40.00	Highest	$214,462	$0	$214,462
Ashley Anderson	VP Corporate Relations	40.00	Highest	$126,058	$0	$126,058
Katie Zaback	VP of Policy	40.00	Highest	$175,203	$0	$175,203
Rachel Van Brocklin	Director of Communications	40.00	Highest	$109,645	$0	$109,645
Scott Laband	President	50.00	Highest	$315,577	$0	$315,577

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	$4,600,809	$3,948,518	$5,550,157	$652,291
2023	$3,240,639	$2,528,051	$4,480,627	$712,588
2022	$2,867,831	$2,425,706	$3,745,695	$442,125
2021	$4,371,975	$4,025,633	$3,295,477	$346,342
2020	$6,790,386	$5,508,434	$2,881,813	$1,281,952
2019	$2,595,529	$2,591,260	$1,590,659	$4,269
2018	$2,097,351	$1,952,462	$1,664,638	$144,889