Overview
What is Colorado Mental Wellness Network?
The Colorado Mental Wellness Network is a nonprofit organization based in Denver, Colorado. Their primary mission is to empower Coloradans affected by mental health conditions by providing them with the necessary skills and tools to achieve their personal wellness goals. This involves offering emotional support such as encouragement, validation, empathy, and companionship, as well as social support in the form of guidance in accessing resources, strategies for coping with life circumstances, and assistance in making post-discharge arrangements. Additionally, the network advocates for their clients, offering support and backing in treatment planning with providers. They also foster hope by serving as examples that recovery is possible. With a dedicated team of 7 employees, the Colorado Mental Wellness Network plays a significant role in supporting the mental health of Coloradans.
What are the reviews and ratings of this charity?
75% rating from Charity Navigator indicates that Colorado Mental Wellness Network has a solid performance in terms of accountability and finance, earning a Three-Star out of Four Star rating. This score reflects a reliable commitment to strong financial practices and governance.
The organization features a fully independent board, which enhances its accountability. Notably, it scored full points for having an audit and oversight committee and properly documenting board meeting minutes. Additionally, a high program expense ratio suggests that a significant portion of their funds is directed towards fulfilling their mission.
However, there is some room for improvement, as indicated by the liabilities to assets ratio, which stands at 59.09%. While this is not uncommon for many nonprofits, it does highlight a potential area for increased financial stability. Overall, the Colorado Mental Wellness Network demonstrates strengths in governance and program effectiveness, but should continue to address its financial ratios.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Mental Wellness Network legitimate?
Colorado Mental Wellness Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Mental Wellness Network 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,028
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What is the mission statement of Colorado Mental Wellness Network?
The Colorado Mental Wellness Network strives to empower individuals struggling with mental health conditions by providing them with the necessary skills and tools to achieve their personal wellness goals. This organization offers emotional support, providing encouragement, validation, empathy, and companionship. They also offer social support, guiding people in accessing resources, strategies for coping with life circumstances, and assistance in making post-discharge arrangements. Furthermore, they advocate for their clients, supporting them in treatment planning with providers. Lastly, they serve as examples that recovery is possible, offering hope to those in need.
Who is the CEO of Colorado Mental Wellness Network?
Hope Hyatt is the Board Member of Colorado Mental Wellness Network.
What is the revenue of Colorado Mental Wellness Network?
Colorado Mental Wellness Network's revenue in 2022 was $642,586.
Who are the executives of Colorado Mental Wellness Network and what are their salaries?
The average compensation at Colorado Mental Wellness Network during 2022 was $39,575. There are 7 employees at Colorado Mental Wellness Network.
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Where can I find the form 990 for Colorado Mental Wellness Network?
Colorado Mental Wellness Network's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Colorado Mental Wellness Network
The Colorado Mental Wellness Network, a non-profit organization, is dedicated to empowering individuals in Colorado who are grappling with mental health conditions. Their mission is centered around equipping these individuals with the skills and tools necessary to attain their personal wellness goals.
Through their work, they offer emotional support, providing encouragement, validation, empathy, and companionship. They also extend social support, guiding individuals in accessing resources and offering strategies for coping with life circumstances. They assist in making post-discharge arrangements, ensuring a smooth transition for those leaving treatment.
The Colorado Mental Wellness Network is also actively involved in advocacy, offering support and backing in treatment planning with providers. Furthermore, they serve as beacons of hope, demonstrating that recovery is possible. By doing so, they aim to inspire and motivate those struggling with mental health conditions, instilling faith in their ability to overcome their challenges.
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Impact
July, 2024
Colorado Mental Wellness Network's impact is evident in its dedication to empowering Coloradans affected by mental health conditions. By providing emotional support, social support, advocacy, and fostering hope, the organization serves as a beacon of resilience and recovery. Through their efforts in Denver, Colorado, CMWN is instrumental in equipping individuals with the necessary skills and tools to achieve their personal wellness goals, making a meaningful difference in the lives of those struggling with mental health challenges.
This information is meant to be a general summary of Colorado Mental Wellness Network. 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: $1,811
- Gross Receipts: $642,586
Assets and Liabilities:
- Total Assets: $1,038,895
- Total Liabilities: $613,956
- Net Assets: $424,939
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Organization Details
Founding Year
2013
Principal Officer
Hope Hyatt
Main Address
2390 S DOWNING STREET STE C, DENVER, CO, 802105800
NTEE Category
Code: F30 - Mental health
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