COBALT ADVOCATES

EIN: 840764840

Denver, CO

Total Revenue
$2,167,251
Total Expenses
$2,329,364
Total Assets
$93,878
Net Assets
$93,878
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
CO
Principal Officer
KAREN MIDDLETON
Phone
3033941973
Tax Period
2024-01-01 to 2024-12-31

COBALT ADVOCATES, founded in 1978, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 679% from the prior year, signaling strong growth momentum.

Mission

COBALT ADVOCATES ACTUALIZES POLICIES, STRUCTURES AND ATTITUDES THAT SECURE UNASSAILABLE REPRODUCTIVE AUTONOMY AND ABORTION ACCESS UTILIZING THE POLITICAL PROCESS AND CIVIC ENGAGEMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,167,251
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,167,251

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,213,599
Other Expenses $2,329,364
TOTAL EXPENSES $2,329,364

Year-over-Year Comparison

2024 2023 Change
Revenue $2,167,251 $278,064 +6.8%
Expenses $2,329,364 $79,217 +28.4%
Net Income $-162,113 $198,847 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
200

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
$160,005
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN MIDDLETON PRESIDENT 40.00
Officer
$0 $0 $160,005
KARA ALEXANDROVIC MEMBER 2.00
Director
$0 $0 $0
SAM GILCHRIST CHAIR 4.00
Officer Director
$0 $0 $0
REBECCA COHEN MEMBER 2.00
Director
$0 $0 $0
JANET BAUMANN MEMBER 2.00
Director
$0 $0 $0
KELSEY GREEN MEMBER 2.00
Director
$0 $0 $0
ANNE MCGIHON MEMBER 1.00
Director
$0 $0 $0
JAMES OWENS MEMBER 2.00
Director
$0 $0 $0
STEPHANIE OWENS MEMBER 1.00
Director
$0 $0 $0
TOPHER WILLIAMS VICE CHAIR 2.00
Officer Director
$0 $0 $0
RON GUILLOT MEMBER 1.00
Director
$0 $0 $0
KRISTINA TURCZYN MEMBER 2.00
Director
$0 $0 $0
EMILY DUBIN MEMBER 2.00
Director
$0 $0 $0
BIANKA EMERSON MEMBER 1.00
Director
$0 $0 $0
MARIA HANDLEY MEMBER 2.00
Director
$0 $0 $0
SLOANE IRWIN MEMBER 2.00
Director
$0 $0 $0
MARIA KEENAN MEMBER 1.00
Director
$0 $0 $0
MICAELA KIRSHY MEMBER 2.00
Director
$0 $0 $0
Alison Patterson MEMBER 1.00
Director
$0 $0 $0
JUSTINE SANDOVAL MEMBER 2.00
Director
$0 $0 $0
JENNIFER HANCOCK SECRETARY 2.00
Officer
$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 $2,167,251 $2,329,364 $93,878 $-162,113
2023 $278,064 $79,217 $74,908 $198,847
2022 $447,502 $860,049 $-123,598 $-412,547
2021 $130,452 $30,596 $294,876 $99,856
2020 $242,984 $397,506 $194,328 $-154,522
2018 $165,653 $116,273 $169,413 $49,380
Explore More Nonprofits
Top 100 Nonprofits in Colorado Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare COBALT ADVOCATES with other nonprofits in Colorado and across the country.