THE COMMUNITY FIRM

EIN: 844867019 501(c)(3) Crime & Legal

DENVER, CO

Total Revenue
$69,362,073
Total Expenses
$66,467,267
Total Assets
$16,128,222
Net Assets
$6,190,162
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CO
Phone
3032381200
Tax Period
2023-01-01 to 2023-12-31

THE COMMUNITY FIRM, founded in 2020, is a mid-sized nonprofit in the Crime & Legal sector that reported $69.4M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $66.5M left a modest 4% surplus.

Mission

THE COMMUNITY FIRM DBA COMMUNITY ECONOMIC DEFENSE PROJECT (CEDP) IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED TO PROVIDE SOCIAL SERVICES, PUBLIC BENEFITS, AND POLICY CHANGE. OUR MISSION IS TO PARTNER WITH LOW INCOME AND WORKING PEOPLE TO BUILD ECONOMIC AND RACIAL EQUITY. WE DO THIS BY PROVIDING EMERGENCY SERVICES, CONFRONTING ECONOMIC ABUSE, AND INVESTING IN COMMUNITY WEALTH. WE USE AN EVER-EVOLVING SET OF LEGAL, ECONOMIC AND ADVOCACY TOOLS TO CHALLENGE AND DISMANTLE UNJUST SYSTEMS, BUILDING QUICKLY TOWARDS A WORLD WHERE ALL PEOPLE HAVE WHAT THEY NEED TO LIVE AND THRIVE.

Program Service Accomplishments

Program 1
Expenses: $50,068,152 Revenue: $711,193

INTEGRATED FINANCIAL ASSISTANCE AND HOUSEHOLD STABILITY SERVICES: THE ORGANIZATION OFFERS A FUND THAT PROVIDES EMERGENCY RENTAL ASSISTANCE TO RENTERS FACING EVICTION OR DISPLACEMENT. IN PARTNERSHIP...

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INTEGRATED FINANCIAL ASSISTANCE AND HOUSEHOLD STABILITY SERVICES: THE ORGANIZATION OFFERS A FUND THAT PROVIDES EMERGENCY RENTAL ASSISTANCE TO RENTERS FACING EVICTION OR DISPLACEMENT. IN PARTNERSHIP WITH STATE AND LOCAL GOVERNMENT EMERGENCY ASSISTANCE PROGRAMS, CEDP QUALIFIES RENTERS FACING EVICTION AND DISPLACEMENT FOR BENEFITS, AND IT ISSUES QUICK, ACCURATE FINANCIAL ASSISTANCE CHECKS. ITS EMERGENCY RENTAL ASSISTANCE PROGRAM IS DESIGNED TO MOVE FASTER THAN THE EVICTION TIME LINE, WITH CAPABILITIES TO QUALIFY TENANTS FOR BENEFITS AND ISSUE PAYMENTS IN LESS THAN 24 HOURS WHEN NEEDED TO STABILIZE A HOUSEHOLD. SINCE JULY 2022, CEDP HAS ALSO MANAGED THE STATE OF COLORADO'S EMERGENCY INTAKE SYSTEM FOR RENTERS FACING DISPLACEMENT. THIS INTAKE SYSTEM ANSWERS TENANT CALLS ABOUT THE RENTAL ASSISTANCE PROGRAM, FEATURES INTAKE AGENTS AT COURTHOUSES ACROSS THE STATE, AND COORDINATES AMONG SERVICE PROVIDERS. THROUGH THIS PROGRAM, CEDP MAKES REFERRALS TO ITS OWN EVICTION PREVENTION AND HOMELESSNESS DIVERSION PROGRAMS, AND COORDINATES SERVICE DELIVERY WITH OTHER SERVICE PROVIDERS ACROSS THE STATE FOR HOUSEHOLD STABILITY SERVICES AND OTHER NEEDED BENEFITS AND SERVICES. SERVICES AND OTHER NEEDED BENEFITS AND SERVICES.

Program 2
Expenses: $11,887,784

In 2023, we launched a new program to expand the stabilizing services we offer to the community. Housing is a human right, and the loss of a home can lead to cycles of poverty that are exceedingly...

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In 2023, we launched a new program to expand the stabilizing services we offer to the community. Housing is a human right, and the loss of a home can lead to cycles of poverty that are exceedingly difficult to recover from. We are able to provide mortgage assistance for clients who are behind on payments based on the individual circumstances of each. Our team of caring navigators and lawyers are passionately committed to keeping our clients in their homes.

Program 3
Expenses: $2,299,331

LEGAL AID: THROUGH CED LAW, THE ORGANIZATION OFFERS LEGAL ASSISTANCE TO RENTERS FACING EVICTION IN THE STATE OF COLORADO. MANAGED SEPARATELY FROM THE FINANCIAL ASSISTANCE AND HOUSEHOLD STABILITY...

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LEGAL AID: THROUGH CED LAW, THE ORGANIZATION OFFERS LEGAL ASSISTANCE TO RENTERS FACING EVICTION IN THE STATE OF COLORADO. MANAGED SEPARATELY FROM THE FINANCIAL ASSISTANCE AND HOUSEHOLD STABILITY SERVICES PROGRAM, CED LAW PROVIDES LEGAL ASSISTANCE TO COLORADANS FACING EVICTION OR STRUGGLING WITH CONSUMER AND HOUSING DEBT BURDENS. DEPENDING ON CLIENT NEED, ATTORNEYS PROVIDE ADVICE, LIMITED ASSISTANCE REPRESENTATION, OR FULL-SERVICE LEGAL REPRESENTATION. CED LAW ALSO MANAGES LEGAL AID CLINICS ALONGSIDE COMMUNITY PARTNERS AND IN COURTHOUSES ACROSS THE STATE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $68,616,547
Program Service Revenue $711,193
Investment Income $6,616
Other Revenue $27,717
TOTAL REVENUE $69,362,073

Expense Breakdown

Grants Paid $54,851,006
Salaries & Benefits $9,876,762
Fundraising Expenses $16,379
Program Expenses $64,255,267
Other Expenses $1,739,499
TOTAL EXPENSES $66,467,267

Year-over-Year Comparison

2023 2022 Change
Revenue $69,362,073 $84,503,443 -0.2%
Expenses $66,467,267 $81,946,257 -0.2%
Net Income $2,894,806 $2,557,186 +0.1%
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
7
Independent Members
2
Employees
150
Volunteers
5

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
5
$304,577
Total Directors
7
$304,577
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A BOARD SECRETARY 1.0
Officer Director
$0 $0 $0
N/A BOARD CHAIR 1.0
Officer Director
$0 $0 $0
N/A BOARD TREASURER 0.5
Officer Director
$0 $0 $0
N/A CO-FOUNDER/CO-CEO 40.0
Officer Director
$141,047 $9,551 $150,598
N/A CO-FOUNDER/CO-CEO 40.0
Officer Director
$144,268 $9,711 $153,979
N/A DIRECTOR (BEG 09/22) 0.5
Director
$0 $0 $0
N/A DIRECTOR 0.5
Director
$0 $0 $0
N/A Chief Program Officer 40.0
Highest
$126,544 $10,347 $136,891
N/A HEAD OF STATE LOCAL POLICY 40.0
Highest
$105,470 $17,352 $122,822
N/A Head of CED Law 40.0
Highest
$107,558 $15,358 $122,916
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 $69,362,073 $66,467,267 $16,128,222 $2,894,806
2022 $84,503,443 $81,946,257 $23,651,721 $2,557,186
2021 $18,879,836 $18,461,868 $6,715,849 $417,968
2020 $336,443 $16,241 $320,409 $320,202
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