Colorado Springs Independence Center

EIN: 841052916 501(c)(3) Human Services

Colorado Springs, CO

Total Revenue
$16,214,647
Total Expenses
$15,690,439
Total Assets
$24,196,069
Net Assets
$21,581,503
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
CO
Principal Officer
Indy Frazee
Phone
7194718181
Tax Period
2025-01-01 to 2025-12-31

Colorado Springs Independence Center, founded in 1987, is a mid-sized nonprofit in the Human Services sector that reported $16.2M in total revenue in fiscal year 2025. Expenses of $15.7M left a modest 3% surplus.

Mission

We work with people with disabilities, their families and the community to create independence so that all may thrive.

Program Service Accomplishments

Program 1
Expenses: $11,660,017 Revenue: $12,538,385

In-home support services allow clients to direct their own care for routine and repetitive activities of daily living. Home health services allow Personal Care Attendants (PCAs) and family/friend...

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In-home support services allow clients to direct their own care for routine and repetitive activities of daily living. Home health services allow Personal Care Attendants (PCAs) and family/friend caregivers to provide necessary care in the home.

Program 2
Expenses: $1,757,590 Revenue: $2,177,741

The Independence Center (IC) is a state- and federally-certified Center for Independent Living (CIL), providing services for individuals who self-identify as having a disability, and want to...

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The Independence Center (IC) is a state- and federally-certified Center for Independent Living (CIL), providing services for individuals who self-identify as having a disability, and want to accomplish personal goals to gain independence. Goals can include securing employment, peer support, transition from nursing facilities to the community, information on technology and tools, obtaining benefits, and classes to improve skills such as budgeting and cooking. The IC also focuses on individual and systems advocacy to provide information to members of the disability community and empower them to self-advocate.

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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 (2025)

Revenue Breakdown

Contributions & Grants $953,922
Program Service Revenue $14,716,126
Investment Income $581,051
Other Revenue $-36,452
TOTAL REVENUE $16,214,647

Expense Breakdown

Grants Paid $117,500
Salaries & Benefits $13,968,708
Fundraising Expenses $0
Program Expenses $13,417,607
Other Expenses $1,604,231
TOTAL EXPENSES $15,690,439

Year-over-Year Comparison

2025 2024 Change
Revenue $16,214,647 $15,426,882 +0.1%
Expenses $15,690,439 $14,698,010 +0.1%
Net Income $524,208 $728,872 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
370
Volunteers
11

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
2
$339,677
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jim Vacik Chair 1.00
Director
$0 $0 $0
Kevin Light Vice Chair 1.00
Director
$0 $0 $0
Velette Britt Secretary 1.00
Director
$0 $0 $0
Dan O'Rear Treasurer 1.00
Director
$0 $0 $0
Carl Chip Frazer Board Member 1.00
Director
$0 $0 $0
Drew Wills Board Member 1.00
Director
$0 $0 $0
Shawna Dusharm Board Member 1.00
Director
$0 $0 $0
Meghin Purdy Board Member 1.00
Director
$0 $0 $0
MJ Smith Board Member 1.00
Director
$0 $0 $0
Joseph Cunningham Board Member 1.00
Director
$0 $0 $0
Kimberly Gold Board Member 1.00
Director
$0 $0 $0
Indy Frazee CEO 40.00
Officer
$192,349 $6,858 $199,207
Scott Howard Director of Finance 40.00
Officer
$110,848 $29,622 $140,470
Tamara Trujillo Director of Programs 40.00
Highest
$125,348 $4,952 $130,300
Scottie Bibb Director of Marketing 40.00
Highest
$123,657 $4,808 $128,465
Kevin Holder Caregiver 112.00
Highest
$129,091 $12,210 $141,301
Carol Williams Caregiver 112.00
Highest
$123,919 $0 $123,919
Christy Cleveland Caregiver 112.00
Highest
$113,027 $31,802 $144,829
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 $16,214,647 $15,690,439 $24,196,069 $524,208
2024 $15,426,882 $14,698,010 $22,937,729 $728,872
2023 $18,142,804 $12,541,069 $20,621,181 $5,601,735
2022 $13,581,012 $12,897,405 $14,263,330 $683,607
2021 $13,576,800 $13,035,733 $15,911,959 $541,067
2020 $13,266,083 $12,982,621 $14,873,594 $283,462
2019 $14,478,359 $13,427,947 $13,890,603 $1,050,412
2018 $12,906,168 $12,357,772 $13,960,985 $548,396
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