BEN Colorado Inc (EIN 844159830) - Form 990 Financial Analysis & Trantor Score

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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

2020

Legal Domicile

Principal Officer

Mick Freeman

Phone

3036946700

Tax Period

2023-01-01 to 2023-12-31

BEN Colorado Inc, founded in 2020, is a small nonprofit in the Education sector that reported $710K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

BEN Colorado provides educational programs, access to our Advisor Network and robust community for entrepreneurs to enable them to grow their businesses, elevate our communities and be a force for good.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $708,096

Program Service Revenue $0

Investment Income $0

Other Revenue $1,492

TOTAL REVENUE $709,588

Expense Breakdown

Grants Paid $0

Salaries & Benefits $542,456

Fundraising Expenses $43,084

Program Expenses $622,097

Other Expenses $112,544

TOTAL EXPENSES $698,084

Year-over-Year Comparison

	2023	2022	Change
Revenue	$709,588	$576,313	+0.2%
Expenses	$698,084	$642,748	+0.1%
Net Income	$11,504	$-66,435	-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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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

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

$141,251

Total Directors

$141,251

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Greg Anton	Director	1.00	Director	$0	$0	$0
Larissa Herda	Director	1.00	Director	$0	$0	$0
Betty Arkell	Director	1.00	Director	$0	$0	$0
Bradley Cheetham	Director	1.00	Director	$0	$0	$0
Greg Greenwood	Director	1.00	Director	$0	$0	$0
Mark Hopkins	Director	1.00	Director	$0	$0	$0
Jim Linfield	Director	1.00	Director	$0	$0	$0
Irene Lofland	Director	1.00	Director	$0	$0	$0
Lisa Neal-Graves	Director	1.00	Director	$0	$0	$0
David Perez	Director	1.00	Director	$0	$0	$0
Kent Sorrells	Director	1.00	Director	$0	$0	$0
Katrina Henze	CEO/Director	40.00	Officer Director	$141,251	$0	$141,251

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	No data	No data	No data	No data
2023	$709,588	$698,084	$771,965	$11,504
2022	$576,313	$642,748	$802,962	$-66,435
2021	$1,016,607	$624,627	$845,749	$391,980
2020	$1,013,143	$694,810	$437,583	$318,333

BEN Colorado Inc