COLORADO AUTOMOBILE DEALERS ASSOCI… - Form 990 Financial Data

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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

MATTHEW GROVES

Phone

3038311722

Tax Period

2024-01-01 to 2024-12-31

COLORADO AUTOMOBILE DEALERS ASSOCIATION, founded in 1938, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2024. The organization ran a surplus of $608K, a strong 25% operating margin.

Mission

THE ASSOCIATION FACILITATES COMMUNICATION, ENCOURAGES SOUND BUSINESS PRACTICES, DEVELOPS CONSTRUCTIVE COMMUNITY AND GOVERNMENTAL RELATIONSHIPS AND PROMOTES SOUND PUBLIC RELATIONS WITH AND AMONG THE AUTOMOBILE DEALERSHIPS OF COLORADO.

Program Service Accomplishments

Program 1

PUBLICATION OF A NEWSLETTER ON A PERIODIC BASIS FOR DISTRIBUTION TO APPROXIMATELY 400 MEMBERS AND 60 NON-MEMBERS.

Program 2

REGIONAL MEETING HELD AT DIFFERENT LOCATIONS FOR THE BENEFIT OF MEMBERS TO EXCHANGE IDEAS, DISCUSS CURRENT MATTERS, AND DISCUSS INDUSTRY ISSUES.

Program 3

ANNUAL MEETING FOR DEALER AND AFFILIATE MEMBERS TO ELECT OFFICERS AND DIRECTORS, DISCUSS CURRENT AND PROPOSED LEGISLATION, AND REVIEW THE YEAR'S ACTIVITIES.

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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 $1,266,966

Program Service Revenue $57,308

Investment Income $146,918

Other Revenue $919,398

TOTAL REVENUE $2,390,590

Expense Breakdown

Grants Paid $3,146

Salaries & Benefits $626,576

Fundraising Expenses $0

Other Expenses $1,120,981

TOTAL EXPENSES $1,782,202

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,390,590	$2,418,620	0.0%
Expenses	$1,782,202	$1,930,556	-0.1%
Net Income	$608,388	$488,064	+0.2%

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

$393,786

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Matthew Groves	President/CEO	20.0	Officer	$273,723	$16,407	$290,130
MARK ZEIGLER	Director-CTAF	8.0	Highest	$121,081	$9,605	$130,686
Beth Weir	VP of Finance	40.0	Officer	$86,482	$17,174	$103,656
ROB EDWARDS	CHAIR	5.0	Officer Director	$0	$0	$0
JEFF TAYLOR	vice CHAIR	5.0	Officer Director	$0	$0	$0
AARON MILLS	treasurer	5.0	Officer Director	$0	$0	$0
JESSICA ZUMBRUN	DIRECTOR DISTRICT 4	2.0	Director	$0	$0	$0
WILLIAM KNOWLES	SECRETARY	2.0	Officer Director	$0	$0	$0
WILLIAM JOHNSON III	Director District 7	2.0	Director	$0	$0	$0
DON HICKS	NADA DIRECTOR	5.0	Director	$0	$0	$0
ERIC BEUTZ	DAS CHAIR	2.0	Director	$0	$0	$0
DANNY MADIGAN	Clear the Air Foundation Chair	2.0	Director	$0	$0	$0
COREY MCCANDLESS	TRUCK DEALERS COMMITTEE CHAIR	5.0	Officer Director	$0	$0	$0
TODD MAUL	CO AUTOMOTIVE HOF CHAIR	2.0	Officer Director	$0	$0	$0
STEVE POWERS	Member Services CMTE Chair	2.0	Officer Director	$0	$0	$0
ROBERT MCMANN	AT-LARGE DIRECTOR	2.0	Director	$0	$0	$0
Anthony M Banno	Director District 3	2.0	Director	$0	$0	$0
Ryan Johnson	Director District 8	2.0	Director	$0	$0	$0
Chris Lenckosz	At-Large Director	2.0	Director	$0	$0	$0
Jason White	Director District 6	2.0	Director	$0	$0	$0
Mark Brady	Director District 2	2.0	Director	$0	$0	$0
George Black	Director District 1 thru 6/24	2.0	Director	$0	$0	$0
Carol Spradley	PAST CHAIR	2.0	Officer Director	$0	$0	$0
Brent Wood	Chair-LPC Thru 6/2024	5.0	Officer 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	$2,390,590	$1,782,202	$5,173,776	$608,388
2023	$2,418,620	$1,930,556	$4,619,681	$488,064
2022	$2,335,294	$2,220,784	$4,023,399	$114,510
2021	$1,776,494	$1,961,915	$3,897,973	$-185,421
2020	$1,410,024	$2,095,989	$4,978,375	$-685,965
2019	$2,351,264	$2,648,527	$5,278,383	$-297,263
2018	$2,339,946	$2,580,968	$5,522,543	$-241,022

COLORADO AUTOMOBILE DEALERS ASSOCIATION