SCOTTISH RITE FOUNDATION OF COLORADO

EIN: 846034299 501(c)(3) Mutual Benefit

DENVER, CO

Total Revenue
$2,030,084
Total Expenses
$1,500,669
Total Assets
$36,732,159
Net Assets
$36,484,737
🔒

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
1953
Legal Domicile
CO
Principal Officer
SCOTT A BATES
Phone
3038612410
Tax Period
2024-01-01 to 2024-12-31

SCOTTISH RITE FOUNDATION OF COLORADO, founded in 1953, is a community nonprofit in the Mutual Benefit sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $529K, a strong 26% operating margin.

Mission

TO ENHANCE THE QUALITY OF LIFE FOR COLORADO'S CHILDREN AND THEIR FAMILIES BY SUPPORTING HIGH QUALITY, COLLABORATIVE PROGRAMS FOR THE PREVENTION AND TREATMENT OF CHILDHOOD LANGUAGE DISORDERS.

Program Service Accomplishments

Program 1
Expenses: $1,117,755

AID TO CHILDREN AFFLICTED WITH APHASIA, DYSLEXIA, AND SIMILAR COMMUNICATION DISORDERS.

Program 2
Expenses: $30,000

SCHOLARSHIPS TO GRADUATE STUDENTS STUDYING SPEECH PATHOLOGY.

🔒

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 $200,333
Program Service Revenue $0
Investment Income $1,797,432
Other Revenue $32,319
TOTAL REVENUE $2,030,084

Expense Breakdown

Grants Paid $1,088,335
Salaries & Benefits $113,107
Fundraising Expenses $32,301
Program Expenses $1,147,755
Other Expenses $289,547
TOTAL EXPENSES $1,500,669

Year-over-Year Comparison

2024 2023 Change
Revenue $2,030,084 $1,417,937 +0.4%
Expenses $1,500,669 $1,292,581 +0.2%
Net Income $529,415 $125,356 +3.2%
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
8
Independent Members
8
Employees
2
Volunteers
20

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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD G FROHLICK TRUSTEE 2.00
Director
$0 $0 $0
ROBERT W GREGORY TRUSTEE 2.00
Director
$0 $0 $0
JOHN W GROVES VP & TRUSTEE 2.00
Officer Director
$0 $0 $0
KARL J HINKLE PRESIDENT 2.00
Officer Director
$0 $0 $0
THOMAS R MAGNUSON TRUSTEE 2.00
Director
$0 $0 $0
JOE MAGOFFIN TRUSTEE 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 $2,030,084 $1,500,669 $36,732,159 $529,415
2023 $1,417,937 $1,292,581 $34,468,541 $125,356
2022 $950,607 $1,867,593 $32,113,607 $-916,986
2021 $2,276,777 $1,538,338 $37,704,186 $738,439
2020 $592,617 $1,854,062 $34,736,166 $-1,261,445
2019 $9,733,211 $1,711,897 $33,870,049 $8,021,314
2018 $2,102,083 $1,639,462 $22,604,332 $462,621
Explore More Nonprofits
→Top 100 Nonprofits in Colorado →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SCOTTISH RITE FOUNDATION OF COLORADO with other nonprofits in Colorado and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.