COLORS PLUS

EIN: 824726625 501(c)(3) Youth Development

FAIRVIEW PARK, OH

Total Revenue
$412,389
Total Expenses
$318,948
Total Assets
$317,126
Net Assets
$317,126
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
OH
Principal Officer
COLLEEN CRONIN
Phone
3305295667
Tax Period
2023-01-01 to 2023-12-31

COLORS PLUS, founded in 2018, is a small nonprofit in the Youth Development sector that reported $412K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $93K, a strong 23% operating margin.

Mission

OUR MISSION IS TO STRENGTHEN LGBTQ+ YOUTH AND ALLIES BY PROMOTING (CONTINUED ON SCHEDULE O)INDIVIDUAL AND COMMUNITY WELLNESS. SINCE 2018, COLORS+ HAS BEEN BUILDING A BRIGHTER FUTURE FOR LGBTQ+ YOUTH. COLORS+ OFFERS DIVERSE MENTAL, EMOTIONAL, AND SOCIAL SUPPORT SERVICES FOR LGBTQ+ YOUTH AS YOUNG AS 3 AND UP THROUGH AGE 19, AS WELL AS THEIR PARENTS AND CAREGIVERS. ACCUMULATED VALUE OF VOLUNTEER HOURS: $26,084.10.

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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 $336,910
Program Service Revenue $62,765
Investment Income $0
Other Revenue $12,714
TOTAL REVENUE $412,389

Expense Breakdown

Grants Paid $0
Salaries & Benefits $124,387
Fundraising Expenses $9,174
Program Expenses $247,298
Other Expenses $194,561
TOTAL EXPENSES $318,948

Year-over-Year Comparison

2023 2022 Change
Revenue $412,389 $328,890 +0.3%
Expenses $318,948 $177,567 +0.8%
Net Income $93,441 $151,323 -0.4%
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

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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
9
Independent Members
N/A
Employees
6
Volunteers
94

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
4
$38,750
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIN PEPERA EXECUTIVE DIRECTOR 60.00
Officer
$38,750 $0 $38,750
JOYCE BENJAMIN BOARD MEMBER 1.00
Director
$0 $0 $0
CAITLIN CECIL-SYKES BOARD MEMBER 1.00
Director
$0 $0 $0
COLLEEN CRONIN PRESIDENT 1.00
Officer Director
$0 $0 $0
EVIE DUVERNAY BOARD MEMBER 1.00
Director
$0 $0 $0
PETE FINNERTY PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
CHASE MORGAN-SWANEY SECRETARY 1.00
Officer Director
$0 $0 $0
RYAN SMARSH BOARD MEMBER 1.00
Director
$0 $0 $0
CLAIRE STINEDURF BOARD MEMBER 1.00
Director
$0 $0 $0
JEHLANI WHITE BOARD MEMBER 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
2024 No data No data No data No data
2023 $412,389 $318,948 $317,126 $93,441
2022 $328,890 $177,567 $237,247 $151,323
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