Colorado Education Initiative
- Assets
- $5.0m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 25
- Location
- Denver, CO
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 26-1597530
Organization Overview
Colorado Education Initiative is located in Denver, CO. The organization was established in 2009. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Colorado Education Initiative employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Education Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Colorado Education Initiative generated $3.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $4.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Colorado Education Initiative has awarded 234 individual grants totaling $7,046,231. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CEI WORKS TO ACCELERATE STUDENT ACHIEVEMENT THROUGH INNOVATION, COLLABORATION AND CAPACITY BUILDING.WORKING IN COLLABORATION WITH A WIDE ARRAY OF PARTNERS, INCLUDING THE COLORADO DEPARTMENT OF EDUCATION, SCHOOL DISTRICTS, AND OTHERS, THE COLORADO EDUCATION INITIATIVE (CEI) ACCELERATES INNOVATION AND IMPROVEMENT IN COLORADO'S K-12 SCHOOLS. CEI'S VISION IS THAT EVERY STUDENT IN COLORADO IS PREPARED AND UNAFRAID TO SUCCEED IN SCHOOL, WORK, AND LIFE, AND READY TO TAKE ON THE CHALLENGES OF TODAY, TOMORROW, AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HEALTH AND WELLNESS INITIATIVE CONNECTS EDUCATORS WITH PROMISING PRACTICES TO INCREASE STUDENTS' OVERALL PHYSICAL AND SOCIAL-EMOTIONAL WELLNESS. IT MAKES CLEAR THE CRITICAL LINK BETWEEN HEALTH AND ACADEMIC ACHIEVEMENT, AND PROMOTES POSITIVE SCHOOL CLIMATES AND BEST PRACTICES IN HEALTHY SCHOOLS. THE INITIATIVE WORKS TOWARD A SYSTEMIC, STRATEGIC, AND COORDINATED APPROACH TO SUPPORTING STUDENTS, WHICH INCLUDES SOCIAL, EMOTIONAL, MENTAL, NUTRITIONAL, PHYSICAL, AND SAFETY WELLNESS.
THE PROFESSIONAL LEARNING AND CAPACITY BUILDING INITIATIVE PARTNERS WITH TEACHERS, SCHOOL AND DISTRICT LEADERS, AND EDUCATION ORGANIZATIONS AND OTHER STAKEHOLDERS ACROSS THE STATE TO IMPROVE INSTRUCTIONAL PRACTICE AND MEET PROFESSIONAL DEVELOPMENT NEEDS. THIS HAPPENS THROUGH LEADERSHIP DEVELOPMENT COACHING, ADVANCING DIVERSITY, EQUITY, AND INCLUSION EFFORTS, STRATEGIC COMMUNICATIONS AND THE UTILIZATION OF DATA TO INFORM INSTRUCTION AND DECISION-MAKING. THE PURPOSE IS TO SUPPORT THE DEVELOPMENT OF EDUCATORS AND STUDENTS' ACADEMIC AND NONACADEMIC COMPETENCIES THROUGH INNOVATIVE AND IMPROVED LEARNING ENVIRONMENTS AND ALIGN SYSTEMS TO BE RESPONSIVE TO NEEDS.
HSR - CEI HELPS COLORADO HIGH SCHOOLS DESIGN AND IMPLEMENT PERSONALIZED LEARNING ENVIRONMENTS THAT ATTEND TO EACH AND EVERY STUDENT'S SOCIAL AND EMOTIONAL NEEDS AND OFFER RELEVANT AND RIGOROUS EXPERIENCES TO PREPARE THEM FOR POSTSECONDARY LEARNING, WORK AND LIFE. CB/PL - CEI HELPS DISTRICTS BUILD SYSTEMS WHERE STUDENTS ADVANCE BASED ON DEMONSTRATED READINESS AND EDUCATORS TAILOR LEARNING FOR EACH STUDENT'S STRENGTHS, NEEDS, AND INTERESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca F Holmes President And CEO | Officer | 40 | $185,426 |
Landon L Mascarenaz VP Of Community Partnership | 40 | $136,962 | |
Alexander B Carter VP Of Implementation | 40 | $134,541 | |
Jeremy S O'grady Chief Operating Officer | Officer | 40 | $128,342 |
Samantha Olson VP Of Strategy | 40 | $125,938 | |
Amy Spicer Sr. Dir. Implementation, Partnership, And Strategy | 40 | $109,352 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grit Digital Health Llc Consulting Services | 12/30/21 | $305,000 |
College Board Apsi Capstone Event Support | 12/30/21 | $100,556 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $70,845 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,032,584 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,103,429 |
| Total Program Service Revenue | $1,605,516 |
| Investment income | $2,247 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,908 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,690,284 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $549,800 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $357,623 |
| Compensation of current officers, directors, key employees. | $101,347 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,922,348 |
| Pension plan accruals and contributions | $56,085 |
| Other employee benefits | $146,127 |
| Payroll taxes | $155,460 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,084 |
| Fees for services: Accounting | $25,889 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $893,306 |
| Advertising and promotion | $1,208 |
| Office expenses | $42,833 |
| Information technology | $108,015 |
| Royalties | $0 |
| Occupancy | $66,838 |
| Travel | $53,689 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $109,466 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,295 |
| Insurance | $17,069 |
| All other expenses | $0 |
| Total functional expenses | $4,541,131 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,029,140 |
| Pledges and grants receivable | $970,558 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,250 |
| Net Land, buildings, and equipment | $3,141 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,722 |
| Total assets | $5,028,811 |
| Accounts payable and accrued expenses | $292,516 |
| Grants payable | $0 |
| Deferred revenue | $85,650 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $378,166 |
| Net assets without donor restrictions | $2,587,354 |
| Net assets with donor restrictions | $2,063,291 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,028,811 |
Grants Awarded
Over the last fiscal year, Colorado Education Initiative has awarded $479,500 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Durango, CO PURPOSE: SUMMER RECOVERY COALITION SUBGRANT | $40,000 |
Pueblo, CO PURPOSE: SUMMER RECOVERY COALITION SUB GRANT | $35,000 |
Durango, CO PURPOSE: SUMMER RECOVERY COALITION SUB GRANT | $35,000 |
EARLY MILESTONES COLORADO PURPOSE: RECOVERY SUMMER GRANT | $30,000 |
ADAMS 12 FIVE STAR SCHOOLS PURPOSE: SUMMER RECOVERY COALITION SUBGRANT | $25,000 |
Pueblo, CO PURPOSE: SUMMER RECOVERY COALITION SUB GRANT | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Colorado Education Initiative has recieved totaling $790,994.
| Awarding Organization | Amount |
|---|---|
Denver Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $525,000 |
Rose Community Foundation Denver, CO PURPOSE: Colorado Recovery Summer Project, Colorado Trustee Network | $192,500 |
Zoma Foundation Bentonville, AR PURPOSE: 2021 GENERAL OPERATING SUPPORT | $50,000 |
Farrell Family Foundation Kentfield, CA PURPOSE: FUNDS FOR DISCRETIONARY USE | $17,500 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $5,872 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $122 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oktoberfest Inc Tulsa, OK | $2,688,468 | $7,024,472 |
Colorado Education Initiative Denver, CO | $5,028,811 | $3,690,284 |
Archaeology Southwest Tucson, AZ | $12,685,440 | $3,597,421 |
National Little Britches Rodeo Colorado Springs, CO | $2,643,862 | $2,636,797 |
Latino Community Foundation Of Colorado Inc Denver, CO | $7,867,698 | $2,394,861 |
Flower Hill Institute Jemez Pueblo, NM | $823,224 | $2,237,551 |
Southwestern Association For Indian Arts Inc Santa Fe, NM | $785,210 | $1,802,877 |
Life-Line Denver, CO | $658,638 | $1,555,832 |
Tribal Education Departments National Assembly Co Oklahoma City, OK | $43,006 | $1,157,227 |
Fort Apache Heritage Foundation Inc Fort Apache, AZ | $2,439,706 | $1,250,700 |
Native Renewables Inc Flagstaff, AZ | $1,342,329 | $2,136,177 |
Cihuapactli Collective Phoenix, AZ | $864,626 | $1,497,266 |