COLORADO OPPORTUNITY FOUNDATION

EIN: 844409670 501(c)(3) Civil Rights & Advocacy

ENGLEWOOD, CO

Total Revenue
$950,000
Total Expenses
$1,253,352
Total Assets
$2,146
Net Assets
$2,146
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CO
Principal Officer
MICHAEL FIELDS
Phone
3035181663
Tax Period
2024-01-01 to 2024-12-31

COLORADO OPPORTUNITY FOUNDATION, founded in 2020, is a small nonprofit in the Civil Rights & Advocacy sector that reported $950K in total revenue in fiscal year 2024. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 32% operating deficit.

Mission

THE COLORADO OPPORTUNITY FOUNDATION IS ORGANIZED EXCLUSIVELY FOR PUBLIC EDUCATIONAL PURPOSES, PERFORMING RESEARCH, MODELING, ANALYSIS, AND PUBLIC EDUCATION ON GOVERNMENT POLICIES THAT EXPAND AND GROW STATE AND NATIONAL ECONOMIC CONDITIONS. THE COLORADO OPPORTUNITY FOUNDATION SERVES AS A RESOURCE PROVIDING PRACTICAL RESEARCH AND INFORMATION REGARDING THEORETICAL AND EMPIRICAL EVIDENCE CONCERNING THE COSTS AND EFFECTIVENESS OF STATE AND LOCAL TAX, SPENDING, AND REGULATORY POLICIES. PUBLIC EDUCATION IS PROVIDED THROUGH SOURCES THAT ARE AVAILABLE TO THE GENERAL PUBLIC WITHOUT RESTRICTIONS OR FEES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $950,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $950,000

Expense Breakdown

Grants Paid $1,050,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,250,000
Other Expenses $203,352
TOTAL EXPENSES $1,253,352

Year-over-Year Comparison

2024 2023 Change
Revenue $950,000 $2,700,000 -0.6%
Expenses $1,253,352 $3,332,008 -0.6%
Net Income $-303,352 $-632,008 -0.5%
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

Sign In

Governance

Voting Members
3
Independent Members
3
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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL FIELDS PRINCIPAL DIRECTOR 2.00
Officer Director
$0 $0 $0
SEAN TONNER BOARD MEMBER 2.00
Director
$0 $0 $0
LUKE RAGLAND BOARD MEMBER 2.00
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 $950,000 $1,253,352 $2,146 $-303,352
2024 No data No data No data No data
2023 $2,700,000 $3,332,008 $305,498 $-632,008
2022 $2,425,000 $2,225,001 $937,506 $199,999
2021 $2,525,000 $2,210,851 $737,507 $314,149
2020 $2,045,662 $1,622,304 $423,358 $423,358
Explore More Nonprofits
Top 100 Nonprofits in Colorado Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare COLORADO OPPORTUNITY FOUNDATION with other nonprofits in Colorado and across the country.