Colorado Riverfront Foundation Inc (EIN 841069605) - 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

1987

Legal Domicile

Principal Officer

John Gormley

Phone

9706834333

Tax Period

2025-01-01 to 2025-12-31

Colorado Riverfront Foundation Inc, founded in 1987, is a small nonprofit that reported $261K in total revenue in fiscal year 2025. Revenue surged 21% from the prior year, signaling strong growth momentum. Net assets of $1.1M represent 52 months of operating reserves.

Mission

The Foundations primary exempt purpose is to reclaim the Colorado Riverfront corridor between Palisade, Grand Junction and Fruita, Colorado.

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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 (2025)

Revenue Breakdown

Contributions & Grants $109,270

Program Service Revenue $90,671

Investment Income $61,055

Other Revenue $0

TOTAL REVENUE $260,996

Expense Breakdown

Grants Paid $75,000

Salaries & Benefits $38,088

Fundraising Expenses $6,215

Program Expenses $247,157

Other Expenses $160,970

TOTAL EXPENSES $274,058

Year-over-Year Comparison

	2025	2024	Change
Revenue	$260,996	$216,169	+0.2%
Expenses	$274,058	$190,648	+0.4%
Net Income	$-13,062	$25,521	-1.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Gormley	Presient	5.00	Officer Director	$0	$0	$0
Dr William Findlay	Vice President	2.00	Officer Director	$0	$0	$0
Mark Gardner	Secretary Treasurer	2.00	Officer Director	$0	$0	$0
Patrick Kennedy	Board Member	1.00	Director	$0	$0	$0
Kurt Mill	Board Member	1.00	Director	$0	$0	$0
William Prakken	Board Member	1.00	Director	$0	$0	$0
Katie Steele	Board Member	1.00	Director	$0	$0	$0
Brad Taylor	Board Member	1.00	Director	$0	$0	$0
Lenna Watson	Board Member	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
2025	$260,996	$274,058	$1,126,738	$-13,062
2024	$216,169	$190,648	$1,104,939	$25,521
2023	$181,022	$167,778	$1,044,441	$13,244
2022	$143,620	$112,662	$1,009,525	$30,958
2021	$139,142	$120,509	$1,037,643	$18,633
2020	$99,328	$55,560	$1,013,287	$43,768
2019	$135,394	$208,195	$943,838	$-72,801
2018	$342,366	$263,440	$971,202	$78,926

Colorado Riverfront Foundation Inc