Centennial State Prosperity
- Assets
- $123.7k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 1
- Location
- Denver, CO
- Founding
- Data as of
- 12/2021
- EIN
- 84-3973327
Organization Overview
Centennial State Prosperity is located in Denver, CO. According to its NTEE Classification (R01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centennial State Prosperity is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Centennial State Prosperity generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 2 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CENTENNIAL STATE PROSPERITY IS A STATE-BASED ORGANIZATION FOCUSED ON FINDING SOLUTIONS THAT ENSURE HARDWORKING COLORADANS CAN EARN A GOOD LIFE, PROVIDE FOR THEIR FAMILIES, AND PARTICIPATE IN OUR DEMOCRACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PASSING POLICY THAT PROMOTES ECONOMIC SECURITY. DURING THE SPRING 2021 COLORADO LEGISLATIVE SESSION, CENTENNIAL STATE PROSPERITY WORKED TO PASS CRITICAL BILLS THAT WILL HELP REDUCE THE COSTS OF HEALTHCARE, PROVIDE ECONOMIC SECURITY TO COLORADO COMMUNITIES, AND PROTECT OUR DEMOCRACY. THESE BILLS INCLUDED THE COLORADO OPTIONTO HELP CONTROL HEALTH CARE COSTS, THE PRESCRIPTION DRUG AFFORDABILITY BOARD BILL TO REDUCE THE COSTS OF PRESCRIPTION DRUGS, HOUSE BILLS 1311AND 1312 TO ENSURE TAX FAIRNESS AND CLOSE CORPORATE LOOPHOLES, AND SENATE BILL 57 TO REFORM PREDATORY PRIVATE STUDENT LOANS.
EDUCATING AND ENGAGING COLORADANS ON ECONOMIC SECURITY ISSUES. CENTENNIAL STATE PROSPERITY CARRIED OUT A CAMPAIGN TO HELP BOOST AWARENESS OF THE EFFORTS MADE BY THE LEGISLATURE AND GOVERNOR TO GET COLORADO ON THE ROAD TO RECOVERY FROM THE PANDEMIC. THE ORGANIZATION ALSO PUBLISHED A LEGISLATIVE SUMMARY REPORT TO HIGHLIGHT ALL OF THE BILLS THAT PASSED DURING THE 2021 LEGISLATIVE SESSION TO PROTECT HARDWORKING COLORADANS.
ENCOURAGING DEMOCRATIC PARTICIPATION. IN FALL 2021, CENTENNIAL STATE PROSPERITY SUPPORTED EFFORTS TO RESEARCH AND REACH OUT TO COMMUNITIES OF INTEREST THAT COULD BENEFIT FROM FAIRLY DRAWN LEGISLATIVE AND CONGRESSIONAL DISTRICT MAPS; AND ENCOURAGE CITIZENS AND CIVIC GROUPS, AS WELL AS SUBSTANTIVE EXPERTS, TO WEIGH IN ABOUT DISTRICT RESTRUCTURING.
OTHER PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Vaughan Board Member | Officer | 0 | $0 |
Leticia M Martinez Alexee Board Secretary & Treasurer | Officer | 0 | $0 |
Heidi Jeanne Hess Board President | Officer | 0 | $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 | $1,065,390 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,065,390 |
| Total Program Service Revenue | $0 |
| 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 | $1,065,390 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $280,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,072 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,362 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $758 |
| Fees for services: Accounting | $6,035 |
| Fees for services: Lobbying | $66,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $133,831 |
| Office expenses | $34 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $114 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $208 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $767 |
| All other expenses | $4,622 |
| Total functional expenses | $1,007,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,732 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $123,732 |
| Accounts payable and accrued expenses | $8,125 |
| 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 | $0 |
| Total liabilities | $8,125 |
| 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 | $115,607 |
| Total liabilities and net assets/fund balances | $123,732 |
Grants Awarded
Over the last fiscal year, Centennial State Prosperity has awarded $280,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FAIR LINES COLORADO PURPOSE: COMMUNITY RESEARCH AND ENGAGEMENT | $245,000 |
COLORADO ETHICS INSTITUTE PURPOSE: COMMUNITY RESEARCH AND ENGAGEMENT | $35,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Centennial State Prosperity has recieved totaling $1,435,990.
| Awarding Organization | Amount |
|---|---|
Hopewell Fund Washington, DC PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $865,390 |
Sixteen Thirty Fund Washington, DC PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $570,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Unite America Inc Denver, CO | $1,852,932 | $5,836,987 |
American Civil Liberties Union Foundation Of Kansas Overland Park, KS | $2,072,087 | $1,846,049 |
Opportunity Arizona Phoenix, AZ | $279,931 | $1,394,680 |
Wyoming Liberty Group Cheyenne, WY | $354,441 | $1,162,000 |
Progressnow New Mexico Education Fund Albuquerque, NM | $804,275 | $1,020,678 |
Centennial State Prosperity Denver, CO | $123,732 | $1,065,390 |
Urban Leaders Fellowship Colorado Springs, CO | $630,908 | $1,108,852 |
Justice For Greenwood Foundation Tulsa, OK | $848,804 | $1,448,852 |
Denver Metro Fair Housing Center Denver, CO | $27,216 | $413,750 |
Center For Civic Action Albuquerque, NM | $1,185,299 | $334,000 |
North Dakota Family Alliance Colorado Springs, CO | $0 | $259,956 |
First Choice Community Healthcare Inc Medical Disability Trust Albuquerque, NM | $0 | $325,360 |