Overview
What is Ben Colorado Inc?
Ben Colorado Inc, a 501c(3) nonprofit, is headquartered in Denver, Colorado, specifically at 3513 Brighton Blvd 436. This organization plays a significant role in identifying and supporting promising local businesses. By offering guidance, training, and educational programming, Ben Colorado helps these companies grow, ultimately contributing to job creation and boosting Colorado's economic health. Leveraging an extensive Advisor Network, Ben Colorado provides valuable connections across various disciplines, fostering a supportive community for its members and network. Through educational programming and community engagement, Ben Colorado aims to empower entrepreneurs to elevate their businesses and communities, acting as a force for good within Colorado.
Official website here: www.bencolorado.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Ben Colorado Inc has earned an 88% rating from Charity Navigator, reflecting a commendable level of accountability and financial health. The organization boasts a fully independent board, which is a significant strength in governance. Additionally, the charity demonstrates strong fiscal responsibility, with a program expense ratio of 89.64%, indicating that a large portion of its funds is directed towards its programs rather than administrative costs.
Despite its solid performance, there are notable limitations concerning governance policies. The nonprofit is missing key documents such as a whistleblower policy and a document retention and destruction policy, which could impact transparency and accountability. Furthermore, the absence of the tax form on the nonprofit's website may hinder donor confidence and accessibility to important financial information.
Overall, while Ben Colorado Inc shows strong financial health and governance structure through its independent board and effective program spending, addressing the noted deficiencies in its policies could enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Ben Colorado Inc legitimate?
Ben Colorado Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ben 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: $212,366
Professional Fundraising Fees: $78,673
Other Salaries and Wages: $190,586
For more financial information, click here
Official website here: www.bencolorado.org
What is the mission statement of Ben Colorado Inc?
Ben Colorado Inc, a 501c(3) non-profit organization, focuses on empowering entrepreneurs by offering educational programs, access to an Advisor Network, and fostering a robust community. Their mission is to aid these entrepreneurs in expanding their businesses, improving their communities, and serving as a positive force. By leveraging the expertise of their advisor network, Ben Colorado Inc provides valuable connections and educational programming to support the growth of promising companies, thereby contributing to the economic health of the community.
Official website here: www.bencolorado.org
Who is the CEO of Ben Colorado Inc?
Katrina Henze is the Ceo Emeritus of Ben Colorado Inc. The CEO's salary of Ben Colorado Inc is $0 and their total compensation is $0.
Official website here: www.bencolorado.org
What is the revenue of Ben Colorado Inc?
Ben Colorado Inc's revenue in 2022 was $576,313.
Official website here: www.bencolorado.org
Who are the executives of Ben Colorado Inc and what are their salaries?
The average compensation at Ben Colorado Inc during 2022 was $134,317. There are 3 employees and 200 volunteers at Ben Colorado Inc.
Here are 9 key members and their salaries (Ben Colorado Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $212,366
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- Other: $0
Official website here: www.bencolorado.org
Where can I find the form 990 for Ben Colorado Inc?
Ben Colorado Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bencolorado.org
Learn more at the official website: www.bencolorado.org
Mission Statement of Ben Colorado Inc
Ben Colorado Inc, as a 501c(3) non-profit organization, is dedicated to empowering entrepreneurs and elevating communities. Its mission is to identify promising businesses based in Colorado and offer them the necessary guidance, training, educational programs, and valuable connections to help these companies grow. By leveraging the expertise of its Advisor Network, Ben Colorado Inc provides a robust community where entrepreneurs can connect and benefit from a wide range of educational programming, ultimately enabling them to scale their businesses, create jobs, and contribute to Colorado's economic health. In this capacity, Ben Colorado Inc serves as a catalyst for positive change, acting as a force for good within the Colorado entrepreneurial landscape.
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Impact
July, 2024
Ben Colorado Inc's impact is significant in the Colorado business community. Through its educational programs, access to the Advisor Network, and robust community for entrepreneurs, Ben Colorado empowers businesses to grow, create jobs, and contribute to the economic health of Colorado. By identifying promising Colorado-based companies and providing guidance, training, and connections, Ben Colorado supports entrepreneurs in scaling their businesses effectively. This not only benefits the individual businesses but also elevates communities and fosters a culture of collaboration and growth.
This information is meant to be a general summary of Ben 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.
- Gross Receipts: $586,304
Assets and Liabilities:
- Total Assets: $802,962
- Total Liabilities: $76,880
- Net Assets: $726,082
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Organization Details
Founding Year
2020
Phone
(303) 694-6700Principal Officer
Katrina Henze
Main Address
3513 Brighton Blvd 436, Denver, CO, 80216
Website
www.bencolorado.orgNTEE Category
Code: B99 - Education
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