PROJECT SELF-SUFFICIENCY OF NORTHERN COLORADO

EIN: 841206341 501(c)(3) Religion

LOVELAND, CO

Total Revenue
$965,428
Total Expenses
$1,078,894
Total Assets
$3,553,031
Net Assets
$3,427,188
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
CO
Principal Officer
TRACY MEAD
Phone
9706355912
Tax Period
2025-01-01 to 2025-06-30

PROJECT SELF-SUFFICIENCY OF NORTHERN COLORADO, founded in 1986, is a small nonprofit in the Religion sector that reported $965K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 12% operating deficit.

Mission

OUR MISSION IS TO ASSIST LOW-INCOME, SINGLE PARENTS IN THEIR EFFORTS TO ACHIEVE ECONOMIC INDEPENDENCE AND BECOME FREE FROM COMMUNITY AND GOVERNMENT ASSISTANCE WHILE BUILDING AND MAINTAINING STRONG, HEALTHY FAMILIES.

Program Service Accomplishments

Program 1
Expenses: $502,017

PROJECT SELF-SUFFICIENCY ASSISTED 123 SINGLE PARENTS DURING THE PERIOD OF JANUARY - JUNE 2025. EACH PROGRAM PARTICIPANT WAS MATCHED WITH AN ADVISOR FROM THE PROJECT SELF-SUFFICIENCY STAFF WHO HELPS...

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PROJECT SELF-SUFFICIENCY ASSISTED 123 SINGLE PARENTS DURING THE PERIOD OF JANUARY - JUNE 2025. EACH PROGRAM PARTICIPANT WAS MATCHED WITH AN ADVISOR FROM THE PROJECT SELF-SUFFICIENCY STAFF WHO HELPS WITH GOAL SETTING, CAREER PLANNING, PROBLEM SOLVING, BARRIER REMOVAL, ACCESS TO EDUCATION, COUNSELING, AND EMPLOYMENT. EXPENSES TO PROVIDE THESE SERVICES INCLUDE SALARIES AND BENEFITS FOR PROGRAM STAFF AND PROGRAM MANAGEMENT, AS WELL AS SUPPLIES, POSTAGE, PRINTING, OFFICE SPACE, AND OTHER EXPENSES RELATED TO PROGRAM EXECUTION. ADDITIONAL EXPENSES RELATED TO PROGRAM ACTIVITIES AND RESOURCES THAT DIRECTLY REMOVE BARRIERS TO SELF-SUFFICIENCY ARE INCLUDED IN THE CATEGORIES BELOW. SEE THE ANNUAL PROGRAM REPORT AT WWW.BRINGTHEPOWER.ORG FOR FURTHER INFORMATION. LOOK IN THE "ABOUT US" SECTION.

Program 2
Expenses: $233,469

THE HEALTHY FAMILIES PROGRAM ADDRESSES THE TOP BARRIERS THAT SINGLE-PARENT FAMILIES FACE BY STABILIZING THEM IN AREAS OF HOUSING, TRANSPORTATION, CHILDCARE, AND MENTAL HEALTH THAT IMPEDE A SINGLE...

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THE HEALTHY FAMILIES PROGRAM ADDRESSES THE TOP BARRIERS THAT SINGLE-PARENT FAMILIES FACE BY STABILIZING THEM IN AREAS OF HOUSING, TRANSPORTATION, CHILDCARE, AND MENTAL HEALTH THAT IMPEDE A SINGLE PARENTS' ABILITY TO ENGAGE IN POST-SECONDARY EDUCATION AND TRAINING BY PROVIDING FINANCIAL RESOURCES AND COMMUNITY PARTNERSHIPS IN KEY AREAS. SUPPORTS INCLUDE HOUSING AND EVICTION PREVENTION, CAR REPAIRS, AND FUNDING FOR MENTAL HEALTH SERVICES, TO NAME JUST A FEW. THE SAFETY NET PROVIDED BY THE HEALTHY FAMILIES PROGRAM MITIGATES THE CYCLE OF CRISIS THAT MANY FAMILIES FACE WHEN LIVING IN POVERTY AND SUSTAINS MOMENTUM AND FOCUS TOWARD THE PURSUIT OF EDUCATION AND CAREER GOALS.

Program 3
Expenses: $51,502

THE CARS FOR FAMILIES PROGRAM PROVIDES DONATED VEHICLES TO FAMILIES ENROLLED IN THE PROGRAM. DONATED CARS ARE SAFETY INSPECTED AND NECESSARY REPAIRS ARE MADE. CAR TITLES ARE TRANSFERRED FROM THE...

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THE CARS FOR FAMILIES PROGRAM PROVIDES DONATED VEHICLES TO FAMILIES ENROLLED IN THE PROGRAM. DONATED CARS ARE SAFETY INSPECTED AND NECESSARY REPAIRS ARE MADE. CAR TITLES ARE TRANSFERRED FROM THE DONORS TO THE ORGANIZATION AND THEN TO THE FAMILIES WHO ARE SELECTED TO RECEIVE A CAR. VOLUNTEER AND DONATED CAR REPAIR IS ALSO AVAILABLE TO FAMILIES. THE VALUE OF DONATED VEHICLES DURING THE PERIOD JANUARY - JUNE 2025 TOTALED 22,643.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $933,608
Program Service Revenue $0
Investment Income $65,063
Other Revenue $-33,243
TOTAL REVENUE $965,428

Expense Breakdown

Grants Paid $284,971
Salaries & Benefits $612,006
Fundraising Expenses $80,035
Program Expenses $786,988
Other Expenses $181,917
TOTAL EXPENSES $1,078,894

Year-over-Year Comparison

2024 2023 Change
Revenue $965,428 $1,736,156 -0.4%
Expenses $1,078,894 $2,059,258 -0.5%
Net Income $-113,466 $-323,102 -0.6%
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
10
Independent Members
10
Employees
N/A
Volunteers
37

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
6
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRACY MEAD CHIEF EXECUT 40.00
Officer
$0 $0 $0
BLAKE MCBARTLETT PRESIDENT 2.00
Officer Director
$0 $0 $0
CAROL BARNES PAST PRESIDE 2.00
Officer Director
$0 $0 $0
LIZ HOGAN PRIOR PAST P 2.00
Officer Director
$0 $0 $0
CHRIS SERAFIN FISCAL OFFIC 2.00
Officer Director
$0 $0 $0
LAUREN LARSEN SECRETARY 2.00
Officer Director
$0 $0 $0
AMANDA ERICSON MEMBER 1.00
Director
$0 $0 $0
AMBER KING MEMBER 1.00
Director
$0 $0 $0
KATHERINE O'HARA MEMBER 1.00
Director
$0 $0 $0
DEANNA O'CONNELL MEMBER 1.00
Director
$0 $0 $0
DEBI TRIPLETT MEMBER 1.00
Director
$0 $0 $0
DEB DEVEREAUX 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 $965,428 $1,078,894 $3,553,031 $-113,466
2024 $1,736,156 $2,059,258 $4,351,359 $-323,102
2023 $1,583,143 $1,742,217 $4,354,343 $-159,074
2022 $1,697,169 $1,631,103 $3,526,023 $66,066
2021 $1,518,170 $1,389,212 $3,755,643 $128,958
2020 $2,040,141 $1,415,794 $3,442,504 $624,347
2019 $1,697,307 $1,461,991 $2,648,885 $235,316
2018 $1,479,895 $1,338,482 $2,422,725 $141,413
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