THE VILLAGE INSTITUTE

EIN: 863160394 501(c)(3) Human Services

AURORA, CO

Total Revenue
$609,908
Total Expenses
$1,227,804
Total Assets
$1,411,717
Net Assets
$533,369
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Principal Officer
ELLIE ADELMAN
Phone
3039975483
Tax Period
2023-01-01 to 2023-12-31

THE VILLAGE INSTITUTE, founded in 2020, is a small nonprofit in the Human Services sector that reported $610K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 101% operating deficit.

Mission

OUR MISSION IS TO CULTIVATE A MULTIGENERATIONAL ECOSYSTEM WHICH UPLIFTS THE POWER OF REFUGEE AND IMMIGRANT FAMILIES AND BRINGS THEM CLOSER WITH THEIR NEIGHBORS.

Program Service Accomplishments

Program 1
Expenses: $691,552 Revenue: $38,777

VILLAGE FUTURES: THIS PROGRAM FOR REFUGEE/IMMIGRANT TEENS AND YOUNG ADULTS PROVIDES WORKFORCE DEVELOPMENT TRAINING FOR HEALTH AND MENTAL HEALTH CAREERS, AS WELL AS PEER MENTAL HEALTH PROGRAMMING. THE...

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VILLAGE FUTURES: THIS PROGRAM FOR REFUGEE/IMMIGRANT TEENS AND YOUNG ADULTS PROVIDES WORKFORCE DEVELOPMENT TRAINING FOR HEALTH AND MENTAL HEALTH CAREERS, AS WELL AS PEER MENTAL HEALTH PROGRAMMING. THE PROGRAM HAS SERVED 84 PARTICIPANTS FROM INCEPTION TO 12/31/23. AT LEAST 75% EXPRESS INTEREST IN A NEW HEALTH OR MENTAL HEALTH CAREER, AND 80% REPORT INCREASED CONFIDENCE NAVIGATING COMMUNITY RESOURCES FOR THEMSELVES AND THEIR FAMILIES.

Program 2
Expenses: $162,584 Revenue: $48,245

THE LITTLE VILLAGE: OUR EARLY CHILDHOOD EDUCATION (ECE) PROGRAM, LICENSED AS A CHILDCARE CENTER FOR UP TO 20 PRESCHOOL STUDENTS AND 10 TODDLERS, CO- LOCATED AT OUR OFFICES. WE RESERVE A MAJORITY OF...

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THE LITTLE VILLAGE: OUR EARLY CHILDHOOD EDUCATION (ECE) PROGRAM, LICENSED AS A CHILDCARE CENTER FOR UP TO 20 PRESCHOOL STUDENTS AND 10 TODDLERS, CO- LOCATED AT OUR OFFICES. WE RESERVE A MAJORITY OF SPOTS FOR LOW INCOME REFUGEE/IMMIGRANT FAMILIES. LITTLE VILLAGE HAS SERVED AT LEAST 50 STUDENTS FROM INCEPTION TO 12/31/23. OUR DIVERSE-BY-DESIGN EARLY LEARNING PROGRAM IS TAUGHT BY REFUGEE/IMMIGRANT TEACHERS, GIVING CHILDREN AND FAMILIES AN OPPORTUNITY TO SEE THEIR OWN LANGUAGE AND CULTURE REFLECTED AT SCHOOL. WE HAVE ALSO PROVIDED ECE TEACHER TRAINING FOR 80 REFUGEE AND IMMIGRANT WOMEN AS OF 12/31/23.

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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 $516,809
Program Service Revenue $87,022
Investment Income $3,149
Other Revenue $2,928
TOTAL REVENUE $609,908

Expense Breakdown

Grants Paid $0
Salaries & Benefits $675,593
Fundraising Expenses $39,356
Program Expenses $854,136
Other Expenses $552,211
TOTAL EXPENSES $1,227,804

Year-over-Year Comparison

2023 2022 Change
Revenue $609,908 $1,297,571 -0.5%
Expenses $1,227,804 $903,865 +0.4%
Net Income $-617,896 $393,706 -2.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
18
Volunteers
15

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
3
$77,841
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELLIE ADELMAN EXECUTIVE DI 40.00
Officer
$70,199 $7,642 $77,841
KANITHA HENG SNOW CHAIR 2.00
Officer Director
$0 $0 $0
JASER ALSHARHAN SECRETARY 2.00
Director
$0 $0 $0
OMOTOLA WILLIAMS TREASURER 2.00
Officer Director
$0 $0 $0
NDEYE NDAO BOARD MEMBER 2.00
Director
$0 $0 $0
KELLI ROJAS BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID WILLNER 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 No data No data No data No data
2023 $609,908 $1,227,804 $1,411,717 $-617,896
2022 $1,297,571 $903,865 $1,257,222 $393,706
2021 $870,640 $478,072 $491,803 $392,568
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