ADEO COLORADO (EIN 840779790) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

Carrie Olenick

Phone

9703392444

Tax Period

2023-10-01 to 2024-09-30

ADEO COLORADO, founded in 1978, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $3.2M exceeded revenue, resulting in a 20% operating deficit.

Mission

Adeo provides support for all major life activities for adults livingwith the residual impact of a brain injury by providing a place to callhome and services that promote physical, behavioral and emotional wellness,opportunities for connection and joy.

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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 (2023)

Revenue Breakdown

Contributions & Grants $203,868

Program Service Revenue $2,388,514

Investment Income $57,816

Other Revenue $-34,177

TOTAL REVENUE $2,616,021

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,016,575

Fundraising Expenses $0

Program Expenses $2,485,725

Other Expenses $1,134,066

TOTAL EXPENSES $3,150,641

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,616,021	$4,088,999	-0.4%
Expenses	$3,150,641	$3,557,833	-0.1%
Net Income	$-534,620	$531,166	-2.0%

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

$211,409

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sarita Reddy	Executive Dir.	40.00	Officer	$204,398	$7,011	$211,409
Reyes Barrios Jr	Director	1.00	Director	$0	$0	$0
Nick Berryman	Director	1.00	Director	$0	$0	$0
Shelly Rios	Director	1.00	Director	$0	$0	$0
Deborah Sergesketter	President	1.00	Officer Director	$0	$0	$0
Stacy Suniga	Director	1.00	Director	$0	$0	$0
Stephanie Toubeaux	Director	1.00	Director	$0	$0	$0
Sharon Werning	Treasurer	1.00	Officer Director	$0	$0	$0
Lyn Wineman	Vice President	1.00	Officer Director	$0	$0	$0
Christopher Woodruff	Secretary	1.00	Officer Director	$0	$0	$0
Jennifer Gehrman	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
2024	$2,616,021	$3,150,641	$7,236,399	$-534,620
2023	$4,088,999	$3,557,833	$7,095,419	$531,166
2022	$3,410,184	$3,216,491	$6,570,420	$193,693
2021	$4,127,082	$3,693,698	$6,416,718	$433,384
2020	$4,179,209	$4,073,252	$6,815,523	$105,957
2019	$3,792,943	$3,803,726	$6,126,571	$-10,783
2018	$3,995,983	$3,968,479	$6,813,289	$27,504

ADEO COLORADO