COLORADO BOCES ASSOCIATION

🔒

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

Financial Trends

Organization Details

Formation Year

1974

Phone

9707852064

Tax Period

2024-08-01 to 2025-07-31

COLORADO BOCES ASSOCIATION, founded in 1974, is a small nonprofit that reported $641K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $123K, a strong 19% operating margin.

Mission

PROVIDING SUPPORT FOR 178 MEMBER SCHOOL DISTRICTS THROUGH BOARD OF COOPERATIVE SERVICES, EFFORTS SUPPORT STATE AND FEDERAL SCHOOL IMPROVEMENT.

Program Service Accomplishments

Program 1

MANAGING COOPERATIVE PURCHASING OF SCHOOL SUPPLIES FOR PUBLIC SCHOOLS IN THE STATE OF COLORADO REDUCING COSTS FOR SCHOOLS. REVENUE FROM THE PROJECTS ENABLE THE ASSOCIATION TO SUPPORT NEEDS FOR PUBLIC...

Program 2

GRANTS FOR SPECIAL PROJECTS AND ON-LINE TEACHING TO IMPROVE STUDENT ACHIEVEMENT.

Program 3

THE GRANT WAS USED TO ESTABLISH A STATE WIDE ON-LINE CONSORTIUM FOR TEACHER AND ADMINISTRATOR TRAINING TO IMPROVE STUDENT ACHIEVEMENT.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $98,550

Program Service Revenue $494,391

Investment Income $36,396

Other Revenue $11,570

TOTAL REVENUE $640,907

Expense Breakdown

Grants Paid $16,500

Salaries & Benefits $139,343

Fundraising Expenses $0

Other Expenses $362,329

TOTAL EXPENSES $518,172

Year-over-Year Comparison

	2024	2023	Change
Revenue	$640,907	$504,123	+0.3%
Expenses	$518,172	$465,243	+0.1%
Net Income	$122,735	$38,880	+2.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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
SUSAN UDENBERG	DIRECTOR AT LAR	10.00	Director	$0	$0	$0
KEN HAPTONSTALL	MEMBER	10.00	Director	$0	$0	$0
TAMARA DURBIN	President	10.00	Officer Director	$0	$0	$0
BRAD BAUER	Sec/Treas	10.00	Officer Director	$0	$0	$0
MARCY PALMER	MEMBER	10.00	Director	$0	$0	$0
DALE MCCALL	EXECUTIVE DIRECTOR	32.00		$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	$640,907	$518,172	$1,488,742	$122,735
2024	$504,123	$465,243	$1,365,205	$38,880
2023	$477,626	$382,841	$1,324,136	$94,785
2022	$499,051	$403,810	$1,229,814	$95,241
2021	$681,793	$300,078	$1,136,321	$381,715
2020	$480,231	$308,671	$767,950	$171,560
2019	$429,632	$353,140	$582,493	$76,492