Overview
What is The Denver Children's Foundation?
The Denver Children's Foundation, formerly known as Denver Active 20/30 Children's Foundation, is a nonprofit organization situated in Denver, Colorado. Its primary objective is to engage young professionals in philanthropic activities, focusing on raising funds for children's charities within the community. The organization holds various special events throughout the year and rigorously vets the recipient charities. In 2022, The Denver Children's Foundation managed to organize 7 events, resulting in a substantial donation of $1,217,500 to numerous charities aligned with its mission. In addition to fundraising, the foundation aims to instill a sense of philanthropy in its members, which they hope will continue to influence their personal and professional lives. The organization's dedicated workforce consists of a single employee.
Official website here: www.denverchildrensfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star rating.
The Denver Children's Foundation has received a Two-Star rating from Charity Navigator, indicating some concerns in its accountability and finance practices. The organization has a strong program expense ratio of 90.16%, demonstrating that a significant portion of its funds directly supports its programs. However, its overall Accountability & Finance Score of 58 suggests that there are areas needing improvement, especially concerning transparency and governance policies.
Strengths of the foundation include a fully independent board and high scores in constituent feedback and engagement, indicating strong community relations and effective feedback mechanisms. However, the absence of essential policies such as a whistleblower policy and a document retention policy raises flags about its governance practices. Additionally, the organization scored poorly on the Liabilities to Assets ratio, which could impact its financial stability.
Overall, while The Denver Children's Foundation shows promise with its community engagement and program effectiveness, it needs to enhance its financial accountability and governance practices to improve its rating further and reinforce donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is The Denver Children's Foundation legitimate?
The Denver Children's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Denver Children's Foundation 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: $105,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.denverchildrensfoundation.org
What is the mission statement of The Denver Children's Foundation?
The Denver Children's Foundation, formerly known as the Denver Active 20/30 Children's Foundation, engages young professionals in their 20s and 30s on a philanthropic mission. Their primary objective is to raise funds for various children's charities within the community. Through these fundraising initiatives, they manage to make a significant impact by supporting numerous charities. Moreover, the foundation serves to instill philanthropic values in its members, fostering a sense of community responsibility among the young professionals.
Official website here: www.denverchildrensfoundation.org
Who is the CEO of The Denver Children's Foundation?
Cody Phifer is the Executive Director of The Denver Children's Foundation.
Official website here: www.denverchildrensfoundation.org
What is the revenue of The Denver Children's Foundation?
The Denver Children's Foundation's revenue in 2022 was $1,307,076.
Official website here: www.denverchildrensfoundation.org
Who are the executives of The Denver Children's Foundation and what are their salaries?
The average compensation at The Denver Children's Foundation during 2022 was $105,000. There is 1 employee and 115 volunteers at The Denver Children's Foundation.
Here are 18 key members and their salaries:
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Official website here: www.denverchildrensfoundation.org
Where can I find the form 990 for The Denver Children's Foundation?
The Denver Children's Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.denverchildrensfoundation.org
Learn more at the official website: www.denverchildrensfoundation.org
Mission Statement of The Denver Children's Foundation
The Denver Children's Foundation, formerly known as the Denver Active 20/30 Children's Foundation, engages young professionals in their 20s and 30s on a philanthropic mission. This nonprofit organization is dedicated to raising funds for various children's charities within the community. Through their fundraising efforts, they make a significant impact by supporting numerous charities. Beyond financial contributions, The Denver Children's Foundation also instills philanthropic values in its members, encouraging them to contribute to their community's well-being. By engaging young professionals in this way, the foundation aims to foster a culture of giving and community involvement amongst its members.
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Impact
July, 2024
The Denver Children's Foundation, formerly known as Denver Active 20/30 Children's Foundation, makes a significant impact by engaging young professionals in their 20s and 30s in raising money for various children's charities in the Denver community. Through organizing seven events in 2022, the foundation raised $1,217,500, which was distributed to deserving organizations supporting their mission. In addition to funding charities, the foundation also focuses on instilling philanthropic values in its members to carry forward in their lives and professional careers. Through its efforts, The Denver Children's Foundation plays a crucial role in supporting children's charities and nurturing future philanthropic leaders in the community.
This information is meant to be a general summary of The Denver Children's Foundation. 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: $2,016
- Gross Receipts: $2,805,737
Assets and Liabilities:
- Total Assets: $1,450,643
- Total Liabilities: $1,219,257
- Net Assets: $231,386
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Organization Details
Founding Year
1987
Phone
(303) 832-8390Principal Officer
Cody Phifer
Main Address
84 Spruce Street No 504, Denver, CO, 80230
NTEE Category
Code: P30 - Human services
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