Overview
What is The Colorado Nonprofit Development Center?
The Colorado Nonprofit Development Center (CNDC) is a nonprofit organization based in Denver, Colorado. With a team of 281 employees, they aim to maximize the impact of nonprofits in Colorado through fiscal sponsorship. This approach enables diverse Colorado communities to thrive. Their project, The Attainment Network, focuses on transforming education-to-workforce systems, erasing equity gaps, expanding opportunities, and meeting the economic demand for a highly skilled workforce. CNDC's mission is to strengthen and support nonprofits, contributing to the overall well-being and progress of Colorado communities.
Official website here: www.cndc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
The Colorado Nonprofit Development Center has earned a prestigious Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and finance. With a perfect score of 100 in Accountability & Finance, the organization showcases excellent governance practices, including an entirely independent board of 13 members and stringent financial oversight. Their financial health is reinforced by an impressive program expense ratio of 87.33%, indicating that a significant portion of their funds directly supports their programs.
While the center excels in financial management, its Culture & Community score of 77 suggests room for improvement in fostering equity and community engagement initiatives. The organization is actively working on implementing three equity practices, which is a positive step toward enhancing its cultural inclusivity. This focus on equity strategies indicates a commitment to addressing community needs and improving their organizational culture.
Overall, the Colorado Nonprofit Development Center demonstrates robust financial accountability and a dedication to responsible governance. However, addressing the identified gaps in community and cultural involvement could further strengthen its impact and outreach.
This AI summary has been generated from information found on Charity Navigator.
Is The Colorado Nonprofit Development Center legitimate?
The Colorado Nonprofit Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Colorado Nonprofit Development Center 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: $563,116
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,546,610
For more financial information, click here
Official website here: www.cndc.org
What is the mission statement of The Colorado Nonprofit Development Center?
The Colorado Nonprofit Development Center (CNDC) maximizes the impact of nonprofits by providing fiscal sponsorship, enabling communities across Colorado to thrive. CNDC's mission is geared towards amplifying the reach and effectiveness of nonprofits. Through their project, The Attainment Network, they aim to transform education-to-workforce systems, bridge equity gaps, expand opportunities for learners, and meet the economic demand for a highly skilled and educated workforce. By offering fiscal sponsorship, CNDC empowers various nonprofits to make a positive difference in their communities.
Official website here: www.cndc.org
What is the revenue of The Colorado Nonprofit Development Center?
The Colorado Nonprofit Development Center's revenue in 2023 was $19,553,269.
Official website here: www.cndc.org
Who are the executives of The Colorado Nonprofit Development Center and what are their salaries?
The average compensation at The Colorado Nonprofit Development Center during 2023 was $34,852. There are 204 employees and 2900 volunteers at The Colorado Nonprofit Development Center.
Here are 18 key members and their salaries:
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- Compensation: $80,131
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- Compensation: $112,789
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- Other: $19,308
- Compensation: $114,976
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- Other: $19,084
- Compensation: $108,403
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- Other: $18,912
- Compensation: $134,102
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- Other: $9,043
- Compensation: $101,296
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- Other: $4,037
Official website here: www.cndc.org
Where can I find the form 990 for The Colorado Nonprofit Development Center?
The Colorado Nonprofit Development Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cndc.org
Learn more at the official website: www.cndc.org
Mission Statement of The Colorado Nonprofit Development Center
The Colorado Nonprofit Development Center, or CNDC, is a nonprofit organization that amplifies the impact of other nonprofits in Colorado by offering fiscal sponsorship. Through this service, CNDC enables communities across the state to flourish. This mission is particularly significant as it allows various nonprofits to focus on their core activities, without being bogged down by administrative and financial responsibilities.
One of the notable projects under CNDC's umbrella is The Attainment Network. This initiative transforms education-to-workforce systems, works toward erasing equity gaps, broadens opportunities for learners, and addresses the economic demand for a highly skilled and educated workforce. By facilitating collaboration and resource-sharing among various nonprofits, CNDC plays a crucial role in ensuring that nonprofits can effectively contribute to their respective communities and, ultimately, to Colorado as a whole.
CNDC's fiscal sponsorship model not only helps nonprofits navigate administrative complexities, but it also provides them with a platform to access greater resources and opportunities for growth. As a result, nonprofits can focus on their primary missions, such as addressing social issues, improving community services, and advancing various causes. This collective effort propels the nonprofit sector in Colorado, ensuring that it remains an essential pillar of the state's social and economic fabric.
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Impact
October, 2024
The Colorado Nonprofit Development Center maximizes organizational impact through fiscal sponsorship, enhancing the capacity of various initiatives to enable all Colorado communities to thrive. One prominent project is the Attainment Network, which transforms education-to-workforce systems. This initiative actively works to erase persistent equity gaps, expand opportunities for all learners, and meet the economic demand for a highly skilled and educated workforce. By fostering collaboration and providing essential resources, the organization plays a vital role in community improvement across the state.
This information is meant to be a general summary of The Colorado Nonprofit Development Center. 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: $166,157
- Program Service Revenue: $1,090,081
- Gross Receipts: $19,611,248
Assets and Liabilities:
- Total Assets: $12,973,224
- Total Liabilities: $2,968,601
- Net Assets: $10,004,623
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICES
Revenue
$689,672
DUES & MEMBERSHIPS
Revenue
$228,751
CONSULTING/OTHER
Revenue
$120,084
REGISTRATION FEES
Revenue
$42,441
TUITION
Revenue
$9,133
Organization Details
Founding Year
1998
Principal Officer
Melinda Higgs
Website
www.cndc.orgNTEE Category
Code: S022 - Community improvement
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