COLORADO CHIROPRACTIC ASSOCIATION

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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

1937

Legal Domicile

Principal Officer

ANDREA LAREW

Phone

3037559011

Tax Period

2024-01-01 to 2024-12-31

COLORADO CHIROPRACTIC ASSOCIATION, founded in 1937, is a small nonprofit that reported $538K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $632K exceeded revenue, resulting in a 18% operating deficit.

Mission

SERVICES TO CHIROPRACTIC COMMUNITY

Program Service Accomplishments

Program 1

CONVENTIONS AND SEMINARS PROVIDED TO MEMBERS AND OTHERS FOR CONTINUING PROFESSIONAL EDUCATION AND PRESENTATIONS CONCERNING DEVELOPMENTS AND ADVANCEMENTS IN CHIROPRACTIC COMMUNITY

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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 $330,637

Program Service Revenue $200,601

Investment Income $6,642

Other Revenue $0

TOTAL REVENUE $537,880

Expense Breakdown

Grants Paid $0

Salaries & Benefits $285,513

Fundraising Expenses $0

Other Expenses $346,712

TOTAL EXPENSES $632,225

Year-over-Year Comparison

	2024	2023	Change
Revenue	$537,880	$615,303	-0.1%
Expenses	$632,225	$708,943	-0.1%
Net Income	$-94,345	$-93,640	+0.0%

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

Governance

Voting Members

Independent Members

Employees

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

$74,529

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREA LAREW	EXECUTIVE DI	40.00	Director	$74,529	$0	$74,529
ROB ANDERSON	TREASURER	N/A	Director	$0	$0	$0
CHRIS ANGELLO	BOARD MEMBER	N/A	Director	$0	$0	$0
JASON BARNES	PRESIDENT E	N/A	Director	$0	$0	$0
EMILY BOYICH	BOARD MEMBER	N/A	Director	$0	$0	$0
SHANNON BUNDY	PRESIDENT	N/A	Director	$0	$0	$0
CLINT DICKASON	BOARD MEMBER	N/A	Director	$0	$0	$0
MICHAEL HUGHES	VICE PRESIDE	N/A	Director	$0	$0	$0
AMANDA KELLEY	SECRETARY	N/A	Director	$0	$0	$0
MIKE LYNCH	PAST PRESIDE	N/A	Director	$0	$0	$0
BRANDON MCCORMICK	BOARD MEMBER	N/A	Director	$0	$0	$0
MARIE STARLING	BOARD MEMBER	N/A	Director	$0	$0	$0
JOHN STEFFENS	BOARD MEMBER	N/A	Director	$0	$0	$0
JAROD WATERS	BOARD MEMBER	N/A	Director	$0	$0	$0
SCOTT VANDER WEIT	BOARD MEMBER	N/A	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	No data	No data	No data	No data
2024	$537,880	$632,225	$229,330	$-94,345
2023	$615,303	$708,943	$315,971	$-93,640
2022	$603,733	$620,902	$453,677	$-17,169
2021	$624,687	$544,191	$425,268	$80,496
2020	$439,549	$443,089	$342,616	$-3,540
2019	$536,611	$593,835	$352,329	$-57,224
2018	$519,516	$515,091	$398,073	$4,425