Khesed Wellness A Colorado Nonprofit Corporation
- Assets
- $341.8k
- Revenue
- $903.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Edgewater, CO
- Founding
- 11/2017
- Data as of
- 05/2022
- EIN
- 81-3681614
Organization Overview
Khesed Wellness A Colorado Nonprofit Corporation is located in Edgewater, CO. The organization was established in 2017. According to its NTEE Classification (F60) the organization is classified as: Counseling, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Khesed Wellness A Colorado Nonprofit Corporation 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 05/2022, Khesed Wellness A Colorado Nonprofit Corporation generated $903.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 59.0% each year . All expenses for the organization totaled $774.6k during the year ending 05/2022. While expenses have increased by 65.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
KHESED WELLNESS PROVIDES AFFORDABLE OUTPATIENT MENTAL HEALTH AND WELLNESS SERVICES TO THE UNDERSERVED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENTAL HEALTH THERAPY - NON INSURANCE COVERED-REDUCED RATE AND FREE MENTAL HEALTH SESSIONS
PROGRAM EXPENSES TO SUPPORT BUSINESS PROGRAMS AND GROUP THERAPY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Lundy Nelson Founding Direct | Officer | 40 | $86,679 |
Laura Mcbride Chairperson | Trustee | 1 | $0 |
Ari Hunniford Secretary | Trustee | 1 | $0 |
Alexandria Stein Director | Trustee | 1 | $0 |
Shawn Jaquez Treasurer | Trustee | 1 | $0 |
Thomas Di Rito Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $415,950 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $415,950 |
| Total Program Service Revenue | $480,926 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $903,487 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $86,679 |
| Compensation of current officers, directors, key employees. | $57,786 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $580,399 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $42,679 |
| Office expenses | $33,612 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $105 |
| Travel | $7,633 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,075 |
| All other expenses | $99 |
| Total functional expenses | $774,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $339,626 |
| Savings and temporary cash investments | $2,150 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $341,777 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $52,000 |
| Other liabilities | $0 |
| Total liabilities | $52,000 |
| Net assets without donor restrictions | $289,777 |
| Net assets with donor restrictions | $0 |
| 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 | $341,777 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Khesed Wellness A Colorado Nonprofit Corporation has recieved totaling $295,155.
| Awarding Organization | Amount |
|---|---|
Restaurant Workers Community Foundation Inc New York, NY PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $125,000 |
Caring For Denver Foundation Denver, CO PURPOSE: Responsive Innovative | $77,105 |
Rose Community Foundation Denver, CO PURPOSE: Free And Affordable Mental Health Therapy | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $40,650 |
Bar Ni Community Service Fund Boston, MA PURPOSE: EXEMPT PURPOSE | $2,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Third Way Center Inc Denver, CO | $12,292,960 | $12,672,196 |
Younique Foundation Lehi, UT | $3,288,544 | $10,732,962 |
Nazcare Inc Prescott Valley, AZ | $4,787,488 | $2,992,215 |
Citycare Counseling Inc Omaha, NE | $761,731 | $2,247,235 |
Cfcc & Associates Inc Topeka, KS | $302,218 | $1,661,555 |
Grace Counseling Inc Greenwood Village, CO | $1,530,585 | $1,698,649 |
Integrating Insights Inc Boulder, CO | $1,465 | $1,271,373 |
Mayfield Counseling Centers Colorado Springs, CO | $30,980 | $1,478,341 |
Amistad Family Services Inc Las Cruces, NM | $349,602 | $1,498,400 |
Southeast Christian Counseling Center Parker, CO | $256,926 | $1,258,559 |
Arizona United Spinal Cord Injury Association Inc Phoenix, AZ | $236,978 | $1,053,553 |
La Cocina Fort Collins, CO | $923,000 | $1,889,837 |