DENVER TURNVEREIN INC

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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

1938

Legal Domicile

Principal Officer

JUDY HOPPER

Phone

3034893838

Tax Period

2024-05-01 to 2025-04-30

DENVER TURNVEREIN INC, founded in 1938, is a small nonprofit in the Arts, Culture & Humanities sector that reported $405K in total revenue in fiscal year 2024.

Mission

FOUNDED IN 1865, THE HISTORIC DENVER TURNVERIEN PROMOTES THE PRACTICE AND PERFORMANCE OF THE ARTS THAT MAINTAIN A SOUND BODY AND MIND WITHIN ITS MEMBERSHIP AND THE DENVER METRO COMMUNITY. ITS OBJECTIVE IS TO MAINTAIN A CENTER FOR CULTURAL EDUCATION, PHYSICAL, SOCIAL AND CHARITABLE ACTYIVITIES IN THE COMMUNITY

Program Service Accomplishments

Program 1

Expenses: $393,381 Revenue: $316,154

DENVER TURNVEREIN OFFERS MULTIPLE TYPES OF DANCING AND DANCE LESSONS WEEKLY AND SATURDAY DANCES MONTHLY. DANCE LESSONS ARE OFFERED FOR ALL EXPERIENCE LEVELS ON A 5,280 SQUARE FOOT DANCE FLOOR.

Program 2

Expenses: $15,179 Revenue: $53,772

DENVER TURNVEREIN OPERATES A CASH BAR TO PROVIDE REFRESHMENTS AND COCKTAILS FOR THE CONVENIENCE OF THE ORGANIZATION'S MEMBERS.

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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 $28,256

Program Service Revenue $349,596

Investment Income $5,464

Other Revenue $21,369

TOTAL REVENUE $404,685

Expense Breakdown

Grants Paid $0

Salaries & Benefits $140,598

Fundraising Expenses $0

Program Expenses $408,560

Other Expenses $267,962

TOTAL EXPENSES $408,560

Year-over-Year Comparison

	2024	2023	Change
Revenue	$404,685	$422,407	0.0%
Expenses	$408,560	$410,433	0.0%
Net Income	$-3,875	$11,974	-1.3%

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

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
STEVE BLAKELY	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM BUCK	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
ALBERT EVANS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JEANETTE HENSLEY	DIRECTOR	1.00	Director	$0	$0	$0
JUDY HOPPER	DIRECTOR	1.00	Director	$0	$0	$0
LARRY LONG	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM MURAKAMI	TREASURER	1.00	Officer Director	$0	$0	$0
CARLA MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
RILEY NGYUEN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE POTTS	SECRETARY	1.00	Director	$0	$0	$0
RICHARD ROBBINS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID TIPPETT	DIRECTOR	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
2025	$404,685	$408,560	$477,039	$-3,875
2024	$422,407	$410,433	$563,331	$11,974
2023	$306,750	$313,229	$521,199	$-6,479
2022	$322,510	$273,153	$486,629	$49,357
2021	$126,262	$138,391	$440,919	$-12,129
2020	$316,674	$331,084	$424,458	$-14,410
2019	$326,541	$258,466	$503,551	$68,075