Overview
What is Good Business Colorado?
Good Business Colorado is a nonprofit organization situated in Wheat Ridge, Colorado, specifically at 3940 Allison Street. Their primary mission is to foster collaboration between businesses, government entities, and community organizations, aiming to establish a more prosperous, equitable, and sustainable Colorado. They accomplish this by sharing common values. The organization provides member services, actively building relationships with its members and connecting them for mutual benefit. They offer support in various areas, such as HR, legal assistance, financial services, leadership development, and operations consulting. Good Business Colorado also pursues initiatives to promote its members and expose them to conscientious consumers, ensuring their success. The organization operates with a team of six dedicated individuals.
Official website here: www.goodbusinessco.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Star rating. This rating reflects Good Business Colorado's strong performance in accountability and finance, with a notable focus on responsible management practices. The organization achieved a perfect score for having a wholly independent board and effectively documented financial practices, indicating transparency and reliability in its operations.
The organization excels in financial health, evidenced by a program expense ratio of 84.21%, which suggests that a significant portion of its resources is allocated towards its mission-driven activities. Additionally, the absence of material diversion of assets further highlights its commitment to ethical financial stewardship.
While the overall score is impressive, the rating is derived solely from the Accountability & Finance beacon, which means there may be less information available about other operational aspects such as program effectiveness or impact. However, the strong foundation in financial management provides a positive outlook for potential supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Good Business Colorado legitimate?
Good Business Colorado is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Business Colorado submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $49,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,098
For more financial information, click here
Official website here: www.goodbusinessco.org
What is the mission statement of Good Business Colorado?
Good Business Colorado's mission is to foster a more prosperous, equitable, and sustainable Colorado by bridging the gap between businesses, government, and community organizations, all aligned by shared values. They aim to accomplish this by facilitating collaborations among their members, providing resources such as HR, legal support, financial services, leadership development, and operations consulting to help them thrive. Additionally, Good Business Colorado initiates projects to promote its members and increase their visibility among socially conscious consumers.
Official website here: www.goodbusinessco.org
Who is the CEO of Good Business Colorado?
Debra Brown is the Director Of Policy of Good Business Colorado.
Official website here: www.goodbusinessco.org
What is the revenue of Good Business Colorado?
Good Business Colorado's revenue in 2022 was $648,817.
Official website here: www.goodbusinessco.org
Who are the executives of Good Business Colorado and what are their salaries?
The average compensation at Good Business Colorado during 2022 was $29,350. There are 6 employees and 450 volunteers at Good Business Colorado.
Here are 6 key members and their salaries:
- Compensation: $69,753
- Related: $0
- Other: $11,498
- Compensation: $68,860
- Related: $0
- Other: $3,126
- Compensation: $61,582
- Related: $0
- Other: $5,754
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.goodbusinessco.org
Where can I find the form 990 for Good Business Colorado?
Good Business Colorado's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodbusinessco.org
Learn more at the official website: www.goodbusinessco.org
Mission Statement of Good Business Colorado
Good Business Colorado, a prominent organization, aims to foster a more prosperous, equitable, and sustainable Colorado by encouraging collaboration between businesses, government entities, and community organizations. This collaboration is based on shared values, with the ultimate goal of improving the state's overall well-being.
To achieve this mission, Good Business Colorado actively works to establish connections between its members for mutual benefit. The organization provides valuable support to its members, helping them navigate and access various resources such as human resources, legal assistance, financial services, leadership development, and operational consulting. By doing so, Good Business Colorado aims to assist its members in achieving success and growth.
In addition to supporting its members, Good Business Colorado also initiates projects aimed at promoting its members and connecting them with conscious consumers. This proactive approach to advocacy and networking is a key component of Good Business Colorado's mission to build a more prosperous and equitable Colorado, one business at a time.
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Impact
July, 2024
Good Business Colorado's impact on the community is significant as it brings together business, government, and community organizations to foster a more prosperous, equitable, and sustainable Colorado based on shared values. Through its member services, GBC works diligently to establish connections among its members, providing them with opportunities for mutual benefit. Additionally, GBC supports its members by facilitating access to essential resources for success, including HR, legal support, financial services, leadership development, and operations consulting. Furthermore, GBC actively promotes its members and helps them reach conscientious consumers through various initiatives. Overall, Good Business Colorado plays a vital role in driving community improvement and fostering a more sustainable business environment in Colorado.
This information is meant to be a general summary of Good Business Colorado. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $338
- Program Service Revenue: $599,214
- Gross Receipts: $648,817
Assets and Liabilities:
- Total Assets: $268,512
- Total Liabilities: $0
- Net Assets: $268,512
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
POLICY
Revenue
$192,423
BETTER BUSINESS
Revenue
$331,914
MEMBER SERVICES
Revenue
$74,877
Organization Details
Founding Year
2019
Principal Officer
Debra Brown
Main Address
3940 ALLISON ST, WHEAT RIDGE, CO, 80033
Website
www.goodbusinessco.orgNTEE Category
Code: S30 - Community improvement
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