HOPE IGNITES COLORADO (EIN 841239769) - Form 990 Financial Analysis & Trantor Score

🔒

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

1977

Legal Domicile

Principal Officer

MARY FRANCES THARP

Phone

7205242061

Tax Period

2024-07-01 to 2025-06-30

HOPE IGNITES COLORADO, founded in 1977, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $231K, a strong 17% operating margin.

Mission

THE PROGRAM PROVIDES EDUCATIONAL, SOCIAL, AND EMOTIONAL SUPPORT TO CHILDREN-IN-NEED TO ATTAIN SELF SUFFICIENCY.

🔒

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 $1,260,865

Program Service Revenue $0

Investment Income $72,017

Other Revenue $0

TOTAL REVENUE $1,332,882

Expense Breakdown

Grants Paid $110,018

Salaries & Benefits $659,514

Fundraising Expenses $291,624

Program Expenses $705,513

Other Expenses $323,195

TOTAL EXPENSES $1,102,197

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,332,882	$781,433	+0.7%
Expenses	$1,102,197	$853,000	+0.3%
Net Income	$230,685	$-71,567	-4.2%

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

125

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

$95,700

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAKE ZAMBRANO	PAST CHAIR	0.50	Officer Director	$0	$0	$0
FRANK JEDICKA	CHAIR	2.00	Officer Director	$0	$0	$0
JAMES BRENDEL	TREASURER	1.00	Officer Director	$0	$0	$0
BETH CASEY	DIRECTOR	0.50	Director	$0	$0	$0
MARY BETH BAER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ROBERT BOWMAN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID CARD	DIRECTOR	0.50	Director	$0	$0	$0
LAUREL HAMMER	DIRECTOR	0.50	Director	$0	$0	$0
JAMAICA BURKE	DIRECTOR	0.50	Director	$0	$0	$0
KEN GOEBEL	DIRECTOR	0.50	Director	$0	$0	$0
CONNOR MCNULTY	DIRECTOR	0.50	Director	$0	$0	$0
CHRIS BODNAR	DIRECTOR	1.00	Director	$0	$0	$0
JOHN NEWLAND	DIRECTOR	0.50	Director	$0	$0	$0
MARK MICHALEK	DIRECTOR	0.50	Director	$0	$0	$0
JJ PIERCE	DIRECTOR	0.50	Director	$0	$0	$0
CARMEN QUINTANILLA	DIRECTOR	0.50	Director	$0	$0	$0
MARY SPRIESTER	DIRECTOR	0.50	Director	$0	$0	$0
BRANDIE GALICIA RADILLA	DIRECTOR	0.50	Director	$0	$0	$0
JASON STOVER	DIRECTOR	0.50	Director	$0	$0	$0
DANIEL REYES	DIRECTOR	0.50	Director	$0	$0	$0
ALINE THONGVANH	DIRECTOR	0.50	Director	$0	$0	$0
MICHELLE GALUSZKA	DIRECTOR	0.50	Director	$0	$0	$0
MARY FRANCES THARP	EXECUTIVE DIRECTOR/SECRETA	40.00	Officer	$92,545	$3,155	$95,700

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	$1,332,882	$1,102,197	$1,803,611	$230,685
2024	$781,433	$853,000	$1,559,915	$-71,567
2023	$895,633	$853,191	$1,580,061	$42,442
2022	$811,345	$803,985	$1,519,048	$7,360
2021	$785,919	$703,449	$1,569,971	$82,470

HOPE IGNITES COLORADO