FRIENDS OF BROOMFIELD INC

EIN: 841516104 501(c)(3) Recreation & Sports

BROOMFIELD, CO

Total Revenue
$3,802,624
Total Expenses
$4,030,611
Total Assets
$5,173,207
Net Assets
$3,297,203
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
CO
Principal Officer
GINA COUFAL
Phone
3034040123
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF BROOMFIELD INC, founded in 1998, is a community nonprofit in the Recreation & Sports sector that reported $3.8M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

DEDICATED TO ENHANCING COMMUNITIES BY CREATING OPPORTUNITIES FOR INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES THROUGH AN INNOVATIVE AND PERSON CENTERED APPROACH.

Program Service Accomplishments

Program 1
Expenses: $1,807,376 Revenue: $1,504,496

RESIDENTIAL PROGRAM: FRIENDS BELIEVES THAT EVERY PERSON, REGARDLESS OF THEIR ABILITIES, HAS THE RIGHT TO BE FULLY INCLUDED IN THEIR COMMUNITY AND TO LIVE THE LIFE THEY CHOOSE. FRIENDS INDEPENDENT...

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RESIDENTIAL PROGRAM: FRIENDS BELIEVES THAT EVERY PERSON, REGARDLESS OF THEIR ABILITIES, HAS THE RIGHT TO BE FULLY INCLUDED IN THEIR COMMUNITY AND TO LIVE THE LIFE THEY CHOOSE. FRIENDS INDEPENDENT LIVING SERVICES SUPPORTS INDIVIDUALS IN A MANNER THAT WORKS BEST FOR EACH PERSON AND IS APPROPRIATE FOR THEIR LIFE STYLE. WE CUSTOMIZE SUPPORT TO MEET THE PERSON'S NEEDS, PREFERENCES AND DESIRES. FRIENDS OFFERS SEVERAL MODELS OF SERVICE INCLUDING HOST HOMES, FAMILY CARE GIVER AND INDEPENDENT LIVING.

Program 2
Expenses: $1,198,256 Revenue: $997,453

DAY PROGRAM: FRIENDS UNLIMITED DAY PROGRAM IS GUIDED BY A PERSON-CENTERED PHILOSOPHY AND IS DESIGNED TO PROMOTE COMMUNITY INCLUSION AND INDEPENDENCE.WE BELIEVE THAT WHEN ADULTS WITH INTELLECTUAL AND...

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DAY PROGRAM: FRIENDS UNLIMITED DAY PROGRAM IS GUIDED BY A PERSON-CENTERED PHILOSOPHY AND IS DESIGNED TO PROMOTE COMMUNITY INCLUSION AND INDEPENDENCE.WE BELIEVE THAT WHEN ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES ARE GIVEN THE OPPORTUNITY AND SUPPORT TO PARTICIPATE AND CONTRIBUTE TO THE COMMUNITY, ALL OF OUR LIVES ARE ENRICHED. FRIENDS SCHEDULES A VARIETY OF CLASSES AND COMMUNITY ACTIVITIES THAT FOCUS ON INDEPENDENCE, COMMUNITY ACCESS, AND CONTINUOUS LEARNING. THE CLASSES GO BEYOND THE BASICS AND OFFER INDIVIDUALS LIFE ENRICHMENT OPPORTUNITIES; CLASSES INCLUDE RECREATIONAL EDUCATIONAL, AND CULTURAL ACTIVITIES, COOKING, COMPUTERS, WEIGHT TRAINING, ART, MUSIC AND VOLUNTEERING. EVERY PERSON RECEIVES SUPPORTS TAILORED AROUND THEIR AREAS OF STRENGTHS AND HELP TO EMPOWER ADULTS TO BECOME INDEPENDENT MEMBERS OF THE COMMUNITY.

Program 3
Expenses: $331,946 Revenue: $276,319

SOCIAL AND TRAVEL PROGRAMS: FRIENDS SOCIAL PROGRAMS INCLUDE EVENING AND WEEKEND ACTIVITIES AND TRAVEL THAT PROVIDES OPPORTUNITIES TO EXPAND SOCIAL NETWORKS, FOSTER FRIENDSHIPS AND PARTICIPATE IN...

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SOCIAL AND TRAVEL PROGRAMS: FRIENDS SOCIAL PROGRAMS INCLUDE EVENING AND WEEKEND ACTIVITIES AND TRAVEL THAT PROVIDES OPPORTUNITIES TO EXPAND SOCIAL NETWORKS, FOSTER FRIENDSHIPS AND PARTICIPATE IN LEISURE ACTIVITIES IN THE COMMUNITY. EXAMPLES OF LOCAL ACTIVITIES INCLUDE: CAMPING, SKIING, CONCERTS, MOVIES, DANCES AND DINING OUT. FRIENDS ALSO OFFERS GENDER SPECIFIC ACTIVITIES AND INVITES MEMBERS TO PARTICIPATE. FRIENDS TRAVEL PROGRAM OFFERS AFFORDABLE OPPORTUNITIES FOR INDIVIDUALS NEEDING SUPPORT SERVICE TO PARTICIPATE IN TRAVEL. FRIENDS PROVIDES APPROXIMATELY 20 EXTENDED TRIPS PER YEAR. TRIPS AND ACTIVITIES ARE DEVELOPED TO SUPPORT INDIVIDUALS WHO ARE MORE INDEPENDENT, USE WHEELCHAIRS, OR WHO MAY NEED EXTRA ASSISTANCE.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $644,871
Program Service Revenue $3,077,411
Investment Income $49,785
Other Revenue $30,557
TOTAL REVENUE $3,802,624

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,889,243
Fundraising Expenses $110,475
Program Expenses $3,696,943
Other Expenses $2,141,368
TOTAL EXPENSES $4,030,611

Year-over-Year Comparison

2024 2023 Change
Revenue $3,802,624 $3,313,346 +0.1%
Expenses $4,030,611 $3,414,811 +0.2%
Net Income $-227,987 $-101,465 +1.2%
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
9
Independent Members
8
Employees
47
Volunteers
40

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
$251,948
Total Directors
9
$130,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN BERTAGNOLLI CHAIR 2.00
Officer Director
$0 $0 $0
TOM HYNEK VICE CHAIR 2.00
Officer Director
$0 $0 $0
LORI SCHULT SECRETARY 2.00
Officer Director
$0 $0 $0
SEAN GRYCEL TREASURER 2.00
Officer Director
$0 $0 $0
JIM KOONTZ DIRECTOR 2.00
Director
$0 $0 $0
CHERYL ST CLAIR DIRECTOR 2.00
Director
$0 $0 $0
NINA TAYLOR DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL GORDON DIRECTOR 2.00
Director
$0 $0 $0
GINA COUFAL FOUNDER AND CEO 40.00
Officer Director
$130,000 $0 $130,000
ANNIE GREEN COO 40.00
Officer
$121,948 $0 $121,948
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
2024 $3,802,624 $4,030,611 $5,173,207 $-227,987
2023 $3,313,346 $3,414,811 $4,563,940 $-101,465
2022 $3,387,883 $3,045,611 $4,582,193 $342,272
2021 $2,913,606 $2,381,314 $4,458,542 $532,292
2020 $2,185,366 $1,937,708 $4,009,568 $247,658
2019 $2,217,190 $2,031,877 $3,730,438 $185,313
2018 $1,534,107 $1,505,277 $3,552,051 $28,830
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