Building Hope Summit County

EIN: 831871119 501(c)(3) Mental Health

Frisco, CO

Total Revenue
$2,150,630
Total Expenses
$2,153,422
Total Assets
$865,102
Net Assets
$372,091
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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
2019
Legal Domicile
CO
Principal Officer
Tim Casey
Phone
9704856271
Tax Period
2023-01-01 to 2023-12-31

Building Hope Summit County, founded in 2019, is a community nonprofit in the Mental Health sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

Building Hope Summit County is a community-wide initiative designed to create a more coordinated, effective and resposive mental health system that promotes emotional health, reduces stigma and improves access to care and support for everyone in Summit County.

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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 $1,920,143
Program Service Revenue $225,417
Investment Income $4,670
Other Revenue $400
TOTAL REVENUE $2,150,630

Expense Breakdown

Grants Paid $119,946
Salaries & Benefits $487,241
Fundraising Expenses $50,110
Program Expenses $1,874,963
Other Expenses $1,546,235
TOTAL EXPENSES $2,153,422

Year-over-Year Comparison

2023 2022 Change
Revenue $2,150,630 $1,776,638 +0.2%
Expenses $2,153,422 $1,657,658 +0.3%
Net Income $-2,792 $118,980 -1.0%
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
13
Employees
12
Volunteers
75

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
5
$92,882
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tim Casey Board Chair 2.00
Officer Director
$0 $0 $0
John Warner Board Vice Chair 2.00
Officer Director
$0 $0 $0
Shannon Haynes Board Treasurer 2.00
Officer Director
$0 $0 $0
Virginia Bradley Board Secretary 2.00
Officer Director
$0 $0 $0
Jaime FitzSimons Board Member 1.00
Director
$0 $0 $0
Amy Wineland Board Member 1.00
Director
$0 $0 $0
Tamara Pogue Board Member 1.00
Director
$0 $0 $0
Brianne Snow Board Member 1.00
Director
$0 $0 $0
Anna Dudick Board Member 1.00
Director
$0 $0 $0
Jon Copeland Board Member 1.00
Director
$0 $0 $0
Debra Edwards Board Member 1.00
Director
$0 $0 $0
Kimberly Tramontana Board Member 1.00
Director
$0 $0 $0
Laura Pierina Reyes Board Member 1.00
Director
$0 $0 $0
Kellyn Ender Executive Director 40.00
Officer
$92,882 $0 $92,882
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 $2,150,630 $2,153,422 $865,102 $-2,792
2022 $1,776,638 $1,657,658 $652,931 $118,980
2021 $1,526,664 $1,428,781 $302,277 $97,883
2020 $1,095,600 $1,189,725 $616,008 $-94,125
2019 $1,014,239 $762,094 $338,423 $252,145
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