RONALD MCDONALD HOUSE CHARITIES OF DENVER INC

EIN: 840728926 501(c)(3) Diseases & Disorders

DENVER, CO

Total Revenue
$6,327,398
Total Expenses
$5,887,060
Total Assets
$34,275,610
Net Assets
$33,945,585
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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
1976
Legal Domicile
CO
Principal Officer
LAURA CORDES
Phone
3038322667
Tax Period
2024-01-01 to 2024-12-31

RONALD MCDONALD HOUSE CHARITIES OF DENVER INC, founded in 1976, is a community nonprofit in the Diseases & Disorders sector that reported $6.3M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $5.9M left a modest 7% surplus.

Mission

RMHC-DENVER OFFERS A FREE PLACE FOR FAMILIES TO STAY WHEN THEY TRAVEL TO DENVER FOR MEDICAL CARE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,048,145
Program Service Revenue $1,410,708
Investment Income $278,482
Other Revenue $590,063
TOTAL REVENUE $6,327,398

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,371,340
Fundraising Expenses $791,349
Program Expenses $4,506,984
Other Expenses $3,515,720
TOTAL EXPENSES $5,887,060

Year-over-Year Comparison

2024 2023 Change
Revenue $6,327,398 $5,549,394 +0.1%
Expenses $5,887,060 $4,984,213 +0.2%
Net Income $440,338 $565,181 -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

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Governance

Voting Members
19
Independent Members
19
Employees
46
Volunteers
3334

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
4
$175,078
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA CORDES CEO 40.00
Officer
$175,078 $0 $175,078
JOHN BURTNESS VP DEVELOPME 40.00
Highest
$125,344 $0 $125,344
KENDRA CARRILLO VP PROGRAMS 40.00
Highest
$120,723 $0 $120,723
JOANN STRINGER VP FINANCE 40.00
Highest
$118,897 $0 $118,897
BRIAN RUSS CHAIR 9.00
Officer Director
$0 $0 $0
WHITNEY CROUSE TREASURER 9.00
Officer Director
$0 $0 $0
RON HAMMOND SECRETARY 9.00
Officer Director
$0 $0 $0
ANTHONY BARNETT BOARD MEMBER 9.00
Director
$0 $0 $0
DAN COXALL BOARD MEMBER 9.00
Director
$0 $0 $0
ANNA DAVIS BOARD MEMBER 9.00
Director
$0 $0 $0
BRITTANY DENNING BOSELLI BOARD MEMBER 9.00
Director
$0 $0 $0
TOM FENDER BOARD MEMBER 9.00
Director
$0 $0 $0
BRETT KOLL BOARD MEMBER 9.00
Director
$0 $0 $0
GEJI LOETHER BOARD MEMBER 9.00
Director
$0 $0 $0
KALPANA MOHANRAJ BOARD MEMBER 9.00
Director
$0 $0 $0
REMI RABINS BOARD MEMBER 9.00
Director
$0 $0 $0
RAPHE SCHWARTZ BOARD MEMBER 9.00
Director
$0 $0 $0
LON WELSH BOARD MEMBER 9.00
Director
$0 $0 $0
MIKE SANDOVAL BOARD MEMBER 9.00
Director
$0 $0 $0
TYLER GRIFFIN BOARD MEMBER 9.00
Director
$0 $0 $0
PAT LUTHER BOARD MEMBER 9.00
Director
$0 $0 $0
MARTINE WELLS BOARD MEMBER 9.00
Director
$0 $0 $0
CHRIS NEHLS BOARD MEMBER 9.00
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
2024 $6,327,398 $5,887,060 $34,275,610 $440,338
2023 $5,549,394 $4,984,213 $32,550,666 $565,181
2022 $4,652,843 $4,342,939 $30,519,563 $309,904
2021 $5,231,775 $3,898,846 $31,961,416 $1,332,929
2020 $4,048,627 $3,591,514 $29,600,962 $457,113
2019 $4,969,935 $4,242,215 $28,574,138 $727,720
2018 $4,384,059 $3,817,417 $27,421,751 $566,642
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