COLORADO NURSES 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

1958

Legal Domicile

Principal Officer

MARK LONGSHORE

Phone

3034571194

Tax Period

2024-01-01 to 2024-12-31

COLORADO NURSES ASSOCIATION, founded in 1958, is a small nonprofit that reported $375K in total revenue in fiscal year 2024. Expenses of $445K exceeded revenue, resulting in a 19% operating deficit.

Mission

THE COLORADO NURSES ASSOCIATION IS THE PROFESSIONAL ASSOCIATION REPRESENTING COLORADO'S REGISTERED NURSES. CNA PROVIDES DIRECTION TO AND A VOICE FOR THE NURSING PROFESSION IN THE HEALTHCARE ENVIRONMENT AND THE COMMUNITY. CNA ADVANCES THE NURSING PROFESSION BY ADDRESSING NURSING PRACTICE, PUBLIC POLICY, EDUCATION AND WORKPLACE ISSUES.

Program Service Accomplishments

Program 1

COLORADO NURSES ASSOCIATION (CNA) PROVIDES LEADERSHIP AND DIRECTION IN COLORADO AND WILL CONTINUE TO IMPACT LEGISLATION AND COMMUNICATE THE ROLE OF NURSING TO OTHERS ADDRESSING HEALTH CARE ISSUES AND...

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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 $278,844

Program Service Revenue $79,030

Investment Income $2,467

Other Revenue $15,029

TOTAL REVENUE $375,370

Expense Breakdown

Grants Paid $0

Salaries & Benefits $166,276

Fundraising Expenses $0

Other Expenses $278,934

TOTAL EXPENSES $445,210

Year-over-Year Comparison

	2024	2023	Change
Revenue	$375,370	$390,049	0.0%
Expenses	$445,210	$453,046	0.0%
Net Income	$-69,840	$-62,997	+0.1%

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

2055

Employees

Volunteers

100

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
DEBRA BAILEY	REGIONAL 6 D	1.00	Officer Director	$0	$0	$0
MARGARET BISHOP	DEPUTY DIREC	1.00	Officer Director	$0	$0	$0
CHRISTY DEEM	DIRECTOR REG	1.00	Officer Director	$0	$0	$0
LOLA FEHR	DIRECTOR REG	1.00	Officer Director	$0	$0	$0
CHELSEA HUFNAGEL	ACCOUNTING	1.00	Officer Director	$0	$0	$0
GLENDA JACKSON	REGION 4 DIR	1.00	Officer Director	$0	$0	$0
LINDA KOTTMAN	DISTRICT SIG	1.00	Officer Director	$0	$0	$0
MARK LONGSHORE	EXECUTIVE DI	1.00	Officer Director	$0	$0	$0
ANGIE MILLS	TREASURER	1.00	Officer Director	$0	$0	$0
JANE NELSON	STAFF	1.00	Officer Director	$0	$0	$0
CAROL OMEARA	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
LAURA D ROSENTHAL	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
MARY SATRE	PRESIDENT &	1.00	Officer Director	$0	$0	$0
ALLISON SEMPSROTT	STAFF-NON VO	1.00	Officer Director	$0	$0	$0
DONNA STRICKLAND	SIG DIRECTOR	1.00	Officer Director	$0	$0	$0
MELISSA TULLIS	SECRETARY	1.00	Officer Director	$0	$0	$0
MEL VINEY	DIRECTOR REG	1.00	Officer Director	$0	$0	$0
CRISTINA WINCHESTER	REGION 2 DIR	1.00	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
2025	No data	No data	No data	No data
2024	$375,370	$445,210	$809,829	$-69,840
2023	$390,049	$453,046	$767,386	$-62,997
2022	$363,332	$366,514	$770,311	$-3,182
2021	$383,450	$295,686	$927,638	$87,764
2020	$332,224	$312,649	$749,011	$19,575