Friends of the Children - Colorado (EIN 870920034) - Form 990 Financial Analysis & Trantor Score

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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

2021

Legal Domicile

Principal Officer

Heather Steinman

Phone

7196496438

Tax Period

2024-09-01 to 2025-08-31

Friends of the Children - Colorado, founded in 2021, is a small nonprofit in the Youth Development sector that reported $682K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $1.2M exceeded revenue, resulting in a 73% operating deficit.

Mission

Professional mentorship for youth from kindergarten through high school.

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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 (2024)

Revenue Breakdown

Contributions & Grants $672,844

Program Service Revenue $0

Investment Income $9,745

Other Revenue $-890

TOTAL REVENUE $681,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $760,462

Fundraising Expenses $125,915

Program Expenses $913,146

Other Expenses $420,002

TOTAL EXPENSES $1,180,464

Year-over-Year Comparison

	2024	2023	Change
Revenue	$681,699	$568,422	+0.2%
Expenses	$1,180,464	$847,176	+0.4%
Net Income	$-498,765	$-278,754	+0.8%

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

Volunteers

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

$153,940

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cory Tweden	Chair	1.00	Officer Director	$0	$0	$0
Noreen Landis-Tyson	Secretary	1.00	Officer Director	$0	$0	$0
Pam Snyder	Treasurer	1.00	Officer Director	$0	$0	$0
Debra Wynn	Director	1.00	Director	$0	$0	$0
Ian Glassford	Director	1.00	Director	$0	$0	$0
Tarece Johnson-Morgan	Director	1.00	Director	$0	$0	$0
Antonio Huerta	Director	1.00	Director	$0	$0	$0
Kyle Smith	Director	1.00	Director	$0	$0	$0
Joe Schmidt	Director	1.00	Director	$0	$0	$0
Jessica Kyle	Director	1.00	Director	$0	$0	$0
Mike Edmonds	Director	1.00	Director	$0	$0	$0
Judith Cara	Executive Director (part year)	40.00	Officer	$145,144	$8,796	$153,940
Heather Steinman	Executive Director	40.00	Officer	$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
2025	$681,699	$1,180,464	$220,136	$-498,765
2024	$568,422	$847,176	$739,859	$-278,754
2023	$558,796	$743,240	$990,361	$-184,444
2022	$1,241,165	$672,824	$1,128,981	$568,341
2021	$550,000	$10,363	$539,637	$539,637

Friends of the Children - Colorado