Overview
What is Spring Back Colorado Inc?
Spring Back Colorado Inc, based in Commerce City, Colorado, is a dedicated nonprofit organization. Their primary mission involves the recycling of post-consumer mattresses and box springs, ensuring environmental sustainability. Moreover, they offer redemptive employment opportunities to disadvantaged individuals within the local community, serving as a source of meaningful work and personal growth. The organization, with a small team of five employees, is committed to promoting both environmental conservation and social welfare through its operations.
Official website here: www.springbackco.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
Spring Back Colorado Inc has received a rating of "Needs Improvement" from Charity Navigator, with an overall score of 69%. This rating indicates that while the organization performs well in certain areas, there are significant issues related to accountability and transparency. The organization has a fully independent board, which is a positive aspect, but it lacks several key policies that are crucial for responsible governance.
One of the strengths of Spring Back Colorado Inc is its high program expense ratio, standing at 90.64%. This suggests that a large portion of its resources is directed towards its programs and services, which is a positive reflection of its commitment to its mission. Additionally, the organization maintains a favorable liabilities to assets ratio of 38.47%, indicating financial stability in terms of managing debts compared to its assets.
However, the absence of financial statements and key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy raises concerns about the organization's operational transparency. The lack of these elements may inhibit the organization's ability to effectively communicate its financial health and governance practices to stakeholders. Overall, while Spring Back Colorado Inc demonstrates strengths in program spending and board independence, it needs to address its governance and transparency shortcomings to improve its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Spring Back Colorado Inc legitimate?
Spring Back Colorado Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spring Back Colorado Inc 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: $98,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,555
For more financial information, click here
Official website here: www.springbackco.org
What is the mission statement of Spring Back Colorado Inc?
Spring Back Colorado Inc's mission revolves around two primary objectives. Firstly, it focuses on the full recycling of post-consumer mattresses and box springs, ensuring that these waste materials are effectively repurposed rather than contributing to landfill. Secondly, the organization is committed to providing redemptive employment opportunities for disadvantaged individuals within the community. By offering jobs, Spring Back Colorado Inc aims to empower these individuals and contribute positively to society.
Official website here: www.springbackco.org
Who is the CEO of Spring Back Colorado Inc?
Christopher Conway is the President of Spring Back Colorado Inc.
Official website here: www.springbackco.org
What is the revenue of Spring Back Colorado Inc?
Spring Back Colorado Inc's revenue in 2022 was $1,658,802.
Official website here: www.springbackco.org
Who are the executives of Spring Back Colorado Inc and what are their salaries?
The average compensation at Spring Back Colorado Inc during 2022 was $63,661. There are 5 employees at Spring Back Colorado Inc.
Here are 3 key members and their salaries:
- Compensation: $98,750
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.springbackco.org
Where can I find the form 990 for Spring Back Colorado Inc?
Spring Back Colorado Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.springbackco.org
Learn more at the official website: www.springbackco.org
Mission Statement of Spring Back Colorado Inc
Spring Back Colorado Inc is dedicated to two primary objectives. Firstly, the organization focuses on the full recycling of post-consumer mattresses and box springs. This process not only contributes to waste reduction but also ensures that these materials are repurposed in an environmentally sustainable manner.
Secondly, Spring Back Colorado Inc is committed to providing redemptive employment opportunities for individuals within the community who are disadvantaged. By offering these individuals a chance to work, the organization aims to empower them, helping them to overcome their challenges and integrate back into society. This dual focus on waste management and employment opportunities sets Spring Back Colorado Inc apart as a socially responsible organization that seeks to make a positive impact in its community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Spring Back Colorado Inc's impact can be seen in its full recycling of post-consumer mattresses and box springs, as well as providing redemptive employment opportunities for disadvantaged individuals in the community. This initiative helps reduce waste and promotes sustainability while also offering a second chance to those who may face barriers in traditional job markets. By taking a holistic approach to recycling and community empowerment, Spring Back Colorado Inc plays a vital role in creating a more environmentally friendly and socially responsible society in Commerce City, CO.
This information is meant to be a general summary of Spring Back Colorado Inc. 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.
- Program Service Revenue: $1,634,171
- Gross Receipts: $1,658,802
Assets and Liabilities:
- Total Assets: $573,620
- Total Liabilities: $30,570
- Net Assets: $543,050
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2013
Phone
(303) 358-8904Principal Officer
Christopher Conway
Main Address
4975 Pontiac St, Commerce City, CO, 80022
Website
www.springbackco.orgNTEE Category
Code: Z99 - Unknown
If you are a representative of Spring Back Colorado Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.