Endeavor Colorado
- Assets
- $561.9k
- Revenue
- $557.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Denver, CO
- Founding
- Data as of
- 12/2022
- EIN
- 84-3123596
Organization Overview
Endeavor Colorado is located in Denver, CO. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Endeavor Colorado employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Endeavor Colorado 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 12/2022, Endeavor Colorado generated $557.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $483.7k during the year ending 12/2022. 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
ENDEAVOR COLORADO IS A NOT-FOR-PROFIT LEADING THE HIGH-IMPACT ENTREPRENEURSHIP MOVEMENT IN COLORADO TO CATALYZE LONG-TERM ECONOMIC GROWTH BY SELECTING, MENTORING, AND SUPPORTING THE BEST HIGH-IMPACT ENTREPRENEURS IN OUR REGION. HIGH-IMPACT ENTREPRENEURS ARE THOSE WITH LEADERSHIP POTENTIAL TO BUILD HIGH GROWTH BUSINESSES THAT DRIVE JOB CREATION, ECONOMIC IMPACT AND DEMONSTRATE A COMMITMENT TO THE COMMUNITY. THESE HIGH-IMPACT ENTREPRENEURS BECOME KEY-DRIVERS OF ECONOMIC GROWTH. ENDEAVOR COLORADO PROVIDES RESOURCES TO SELECT HIGH-IMPACT ENTREPRENEURS, NOT OTHERWISE AVAILABLE, TO SCALE THEIR BUSINESSES, INCREASE EMPLOYMENT OPPORTUNITIES, AND DRIVE ECONOMIC GROWTH IN COLORADO. THESE ENTREPRENEURS INSPIRE OTHERS TO SCALE UP, GO BIG, AND GIVE BACK AS ROLE MODELS AND MENTORS AND REINVEST IN OTHER ENTREPRENEURS AND THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, ENDEAVOR REVIEWED DOZENS OF COMPANIES AND CONTRIBUTED HUNDREDS OF HOURS OF MENTORSHIP TO ENTREPRENEURS THROUGHOUT COLORADO. BETWEEN OUR ENDEAVOR ENTREPRENEURS AND SELECTION AS A SERVICE CANDIDATES, WE ARE ACTIVELY SUPPORTING MORE THAN 12 ENTREPRENEURS. IN 2022 ENDEAVOR BOARD MEMBERS, MENTORS AND ENTREPRENEURS DONATED 200+ HOURS OF SUPPORT TO ENTREPRENEURS. ENDEAVOR PROVIDED ENTREPRENEURS MENTORSHIP AND OTHER SERVICES, INCLUDING SUPPORT WITH FUNDRAISING, ACCESS TO PROSPECTIVE CUSTOMERS, ACCESS TO NEW GROWTH MARKETS AND BUSINESS & LEADERSHIP EDUCATION PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valeria Alberola Director | Trustee | 1 | $0 |
Dan Caruso Director | Trustee | 1 | $0 |
David Cohen Director | Trustee | 1 | $0 |
Sandi Mays Director | Trustee | 1 | $0 |
Mike Fries Director | Trustee | 1 | $0 |
Eric Remer 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 | $553,158 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $553,158 |
| Total Program Service Revenue | $0 |
| Investment income | $21 |
| 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 | $556,999 |
| 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. | $170,353 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $168,441 |
| Pension plan accruals and contributions | $12,457 |
| Other employee benefits | $9,617 |
| Payroll taxes | $30,006 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,638 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $507 |
| Advertising and promotion | $47,604 |
| Office expenses | $7,165 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,185 |
| Travel | $10,201 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,656 |
| Interest | $101 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $772 |
| All other expenses | $1,189 |
| Total functional expenses | $483,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $560,564 |
| 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 | $1,350 |
| Total assets | $561,914 |
| 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 | $0 |
| Other liabilities | $582 |
| Total liabilities | $582 |
| Net assets without donor restrictions | $0 |
| 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 | $561,332 |
| Total liabilities and net assets/fund balances | $561,914 |