LOCAL CHOICE COLORADO

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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

KATELYN ROBERTS

Phone

7204204250

Tax Period

2020-01-01 to 2020-12-31

LOCAL CHOICE COLORADO, founded in 2020, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2020.

Mission

SUPPORT INITIATIVE 2019-20 #257, LOCAL VOTER APPROVAL OF GAMING LIMITS & LEGISLATIVE REFERRAL OF CONSTITUTIONAL AMMENDMENT TO ALLOW LOCAL VOTERS IN BLACK HAWK, CENTRAL CITY AND CRIPPLE CREEK TO APPROVE GAMING LIMITS.

Program Service Accomplishments

Program 1

Expenses: $4,131,208

SUCCESSFUL PASSAGE OF COLORADO'S CONSTITUTIONAL AMENDMENT 77.

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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 (2020)

Revenue Breakdown

Contributions & Grants $4,131,614

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,131,614

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,131,208

Other Expenses $4,131,614

TOTAL EXPENSES $4,131,614

Year-over-Year Comparison

	2020	2019	Change
Revenue	$4,131,614	N/A	N/A
Expenses	$4,131,614	N/A	N/A
Net Income	$0	N/A	N/A

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATELYN ROBERTS	DIRECTOR	2.00	Officer Director	$0	$0	$0
MICHELE HAEDRICH	DIRECTOR	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
2020	$4,131,614	$4,131,614	No data	No data