GRANT AVENUE COMMUNITY CENTER & SACRED PLACE INC

EIN: 841552533 501(c)(3) Health Care

DENVER, CO

Total Revenue
$169,756
Total Expenses
$188,062
Total Assets
$1,100,668
Net Assets
$944,246
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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
2001
Legal Domicile
CO
Principal Officer
LOU ANN GARLAND
Phone
3037338940
Tax Period
2024-01-01 to 2024-12-31

GRANT AVENUE COMMUNITY CENTER & SACRED PLACE INC, founded in 2001, is a small nonprofit in the Health Care sector that reported $170K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $188K exceeded revenue, resulting in a 11% operating deficit.

Mission

GRANT AVENUE COMMUNITY CENTER & SACRED PLACE, INC. (HISTORIC GRANT AVENUE) PROVIDES A COOPERATIVE, SAFE AND AFFORDABLE ENVIRONMENT THAT CATERS TO THE ARTS AND CULTURAL, EDUCATIONAL AND SPIRITUAL ACTIVITIES WHILE PRESERVING A HISTORIC AND SACRED BUILDING THAT ENRICHES LIVES IN THE CENTRAL AND SURROUNDING DENVER COMMUNITIES. IN FURTHERANCE OF THIS MISSION, HISTORIC GRANT AVENUE OWNS, LEASES, OPERATES, MAINTAINS AND PRESERVES A MULTI- PURPOSE COMMUNITY CENTER WHICH PROVIDES SPACE FOR RELIGIOUS AND PUBLICLY SUPPORTED ORGANIZATIONS THAT ARE DEDICATED TO ADDRESSING THESE CAUSES. HISTORIC GRANT AVENUE CONTINUES TO PRESERVE THIS HISTORIC AND SACRED BUILDING, CONSISTENT WITH ITS MISSION.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,482
Program Service Revenue $163,367
Investment Income $0
Other Revenue $3,907
TOTAL REVENUE $169,756

Expense Breakdown

Grants Paid $0
Salaries & Benefits $77,373
Fundraising Expenses $0
Program Expenses $129,235
Other Expenses $110,689
TOTAL EXPENSES $188,062

Year-over-Year Comparison

2024 2023 Change
Revenue $169,756 $151,219 +0.1%
Expenses $188,062 $193,796 0.0%
Net Income $-18,306 $-42,577 -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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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

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Governance

Voting Members
4
Independent Members
6
Employees
3
Volunteers
2

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
4
$49,402
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HELEN OBERBROECKLING-ORR EXECUTIVE DI N/A
Officer
$37,102 $0 $37,102
HEATHER COVITZ DIRECTOR 46.00
Officer
$12,300 $0 $12,300
LOU ANN GARLAND PRESIDENT 10.00
Officer Director
$0 $0 $0
PARK SHOWALTER BOD MEMBER 5.00
Director
$0 $0 $0
DON SPERBER BOD MEMBER 2.00
Director
$0 $0 $0
GEORGE WARD TREASURER 2.00
Officer 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
2024 $169,756 $188,062 $1,100,668 $-18,306
2023 $151,219 $193,796 $1,125,311 $-42,577
2022 $128,134 $197,022 $1,175,097 $-68,888
2021 $106,039 $175,155 $1,259,263 $-69,116
2020 $150,387 $173,858 $1,351,062 $-23,471
2019 $175,078 $211,838 $1,258,485 $-36,760
2018 $167,981 $191,568 $1,296,819 $-23,587
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