Overview
What is Colorado Dominican Vocation Foundation?
The Colorado Dominican Vocation Foundation is a nonprofit organization situated in Denver, Colorado, specifically at 2901 Grove Street. Its primary mission is to raise funds for the novitiate located at St. Dominic Priory. This novitiate serves as a training ground for candidates seeking to become Catholic priests. The foundation supports their religious education and development, contributing financially to their journey towards priesthood. The foundation's activities are centered around providing resources for the novitiate, enabling these individuals to undergo religious training and fulfill their calling as Catholic priests.
Official website here: www.windowstothedivine.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating
The Colorado Dominican Vocation Foundation has achieved an impressive 97% rating on Charity Navigator, reflecting strong performance in accountability and finance. The foundation's score is derived entirely from this single beacon, indicating a robust commitment to transparency and responsible financial management. The organization has successfully maintained an independent board, with 83% of its members being independent, highlighting its commitment to effective governance.
Strengths noted in the evaluation include a solid program expense ratio of 81.51%, which suggests that a significant portion of its resources is directed toward its core mission. Additionally, the organization adheres to best practices through established policies such as conflict of interest, whistleblower, and document retention, all of which bolster its credibility and operational integrity. The absence of material asset diversion further underscores its financial health.
While the data indicates strong performance, potential donors may want to explore specific program impacts and outcomes to gain a fuller understanding of the foundation's effectiveness in achieving its mission. Overall, the Colorado Dominican Vocation Foundation presents as a well-managed nonprofit with a strong emphasis on accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Dominican Vocation Foundation legitimate?
Colorado Dominican Vocation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Dominican Vocation 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: $36,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.windowstothedivine.org
What is the mission statement of Colorado Dominican Vocation Foundation?
The Colorado Dominican Vocation Foundation's mission is centered around providing financial support for the novitiate located at St. Dominic Priory. This novitiate serves as a training ground for individuals who aspire to become Catholic priests. The foundation's primary objective is to aid in their religious education and preparation for priestly duties. By offering financial assistance, the foundation plays a significant role in enabling these individuals to embark on their spiritual journeys. The foundation's activities are focused on supporting the novitiate and the candidates' religious training, contributing to the growth of the Catholic priesthood.
Official website here: www.windowstothedivine.org
What is the revenue of Colorado Dominican Vocation Foundation?
Colorado Dominican Vocation Foundation's revenue in 2023 was $123,746.
Official website here: www.windowstothedivine.org
Who are the executives of Colorado Dominican Vocation Foundation and what are their salaries?
There 25 volunteers at Colorado Dominican Vocation Foundation.
Here are 6 key members and their salaries:
- Compensation: $36,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.windowstothedivine.org
Where can I find the form 990 for Colorado Dominican Vocation Foundation?
Colorado Dominican Vocation Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.windowstothedivine.org
Learn more at the official website: www.windowstothedivine.org
Mission Statement of Colorado Dominican Vocation Foundation
The Colorado Dominican Vocation Foundation is an organization dedicated to providing financial support for the novitiate at St. Dominic Priory. This novitiate serves as a training ground for individuals who aspire to become Catholic priests. At the novitiate, candidates embark on their religious training, marking the beginning of their journey towards the priesthood. The Colorado Dominican Vocation Foundation plays a crucial role in facilitating this religious education, ensuring that prospective priests receive the necessary resources and guidance during their formative years.
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Impact
August, 2024
The Colorado Dominican Vocation Foundation's impact is evident through its provision of funding for the novitiate at St. Dominic Priory. This support enables candidates to commence their religious training to become Catholic priests. By ensuring the availability of resources for this crucial stage in the formation of future clergy members, the foundation plays a vital role in fostering the development of individuals dedicated to serving their faith and communities.
This information is meant to be a general summary of Colorado Dominican Vocation 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 2023.
- Investment Income: $14,750
- Gross Receipts: $990,528
Assets and Liabilities:
- Total Assets: $706,682
- Total Liabilities: $0
- Net Assets: $706,682
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Organization Details
Founding Year
1997
Principal Officer
Shannon Robinson
Website
www.windowstothedivine.orgNTEE Category
Code: X99I - Religion related
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