Rockies Venture Club Inc

EIN: 841000038

Denver, CO

Total Revenue
$561,488
Total Expenses
$533,074
Total Assets
$56,485
Net Assets
$38,253
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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
1985
Legal Domicile
CO
Principal Officer
Peter Adams
Phone
7203539350
Tax Period
2023-01-01 to 2023-12-31

Rockies Venture Club Inc, founded in 1985, is a small nonprofit that reported $561K in total revenue in fiscal year 2023. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $533K left a modest 5% surplus.

Mission

Rockies Venture Clubs mission is to educate and connect entrepreneurs and investors in order to further economic development and job creation.

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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 (2023)

Revenue Breakdown

Contributions & Grants $433,448
Program Service Revenue $54,556
Investment Income $0
Other Revenue $73,484
TOTAL REVENUE $561,488

Expense Breakdown

Grants Paid $1,833
Salaries & Benefits $367,009
Fundraising Expenses $0
Program Expenses $356,904
Other Expenses $164,232
TOTAL EXPENSES $533,074

Year-over-Year Comparison

2023 2022 Change
Revenue $561,488 $292,882 +0.9%
Expenses $533,074 $452,036 +0.2%
Net Income $28,414 $-159,154 -1.2%
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
14
Independent Members
12
Employees
6
Volunteers
180

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
$181,408
Total Directors
13
$181,408
Key Employees
2
$181,408
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kevin Kudra Managing Director 40.00
Officer Director Key Emp
$75,708 $0 $75,708
Vaness Davison Governance 2.00
Officer Director
$0 $0 $0
Kimberly Lucas Secretary 2.00
Officer Director
$0 $0 $0
Suraya Yahaya Board Member 2.00
Director
$0 $0 $0
Randy DelPrince Board Member 2.00
Director
$0 $0 $0
Yev Muchnik Board Member 2.00
Director
$0 $0 $0
Sandi Green Board Member 2.00
Director
$0 $0 $0
Doug Mandic Board Member 2.00
Director
$0 $0 $0
Paulina Leon Board Member 2.00
Director
$0 $0 $0
Clark Hutt Board Member 2.00
Director
$0 $0 $0
Denichiro Otsuga Board Member 2.00
Director
$0 $0 $0
Peter Adams Chairman 40.00
Officer Director Key Emp
$105,700 $0 $105,700
Betty Arkell Board Member 2.00
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
2023 $561,488 $533,074 $56,485 $28,414
2022 $292,882 $452,036 $29,789 $-159,154
2021 $509,515 $383,982 $182,688 $125,533
2020 $475,352 $458,635 $53,559 $16,717
2019 $481,717 $467,158 No data $14,559
2018 $409,346 $365,976 $38,910 $43,370
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