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CHARITY REVIEW
Issued: January 2021 Expires: July 2023

Community Shares of Colorado

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Community Shares of Colorado meets the 20 Standards for Charity Accountability.

A BBB Accredited Charity Seal Holder since 07/14/2004.

BBB Accreditation does not mean that the charity's programs or services have been evaluated or endorsed by BBB or that BBB has made a determination as to the charity's competency in performing services.
 

Stated Purpose:
To connect Coloradans to the charities and causes they care about most.

Year, State Incorporated:
1986, CO

Also Known As:
COMMUNITY SHARES OF COLORADO, INC.

Community Shares of Colorado’s Community Giving Campaign raises funds for nonprofit organizations via workplace giving campaigns. The organization partners with businesses who invite their employees to make donations. Community Shares of Colorado’s Building Community program works to create relationships with charities, donors, and businesses to increase community participation, education, volunteerism, and philanthropy across the state. The organization’s Non-Profit Sustainability program provides leadership support in the nonprofit sector, with emphasis on the sustainability. Services of this program include: technical assistance, professional development, leadership training, and network building. Community Shares of Colorado is always seeking to expand its impact. According to the organization, in 2020,  the inaugural Civic 50 Colorado Survey was launched as a way to measure, recognize, and advocate for the important role of Corporate Social Responsibility in building strong communities. 

 

 

For the year ended June 30, 2020, Community Shares of Colorado's program expenses were:

Public support remitted to other organizations $1,649,894
Colorado Combined Campaign $131,868
Building Community $89,687
Non-Profit Sustainability $86,653
Distribution $72,043
Total Program Expenses $2,030,145

Chief Executive
Erin Atwell, CEO

Compensation*
$0

Chair of the Board
Ms. Carolyne Schultz-Ash, Director of Individual Giving

Chair's Profession / Business Affiliation
Big Brothers Big Sisters of Colorado

Board Size
18

Paid Staff Size
11

Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Radio, Grant proposals, Internet, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Membership appeals, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 7.51%

Tax status information not available.

The following information is based on Community Shares of Colorado's audited financial statements for the year ended June 30, 2020.

Source of Funds
Amounts raised on behalf of other organizations $2,110,572
Campaign and fiscal management services $152,056
Contributions $146,626
Memberships $93,240
Special events, net $42,633
Other income $12,471
In-kind contributions $8,753
Interest income $637
Shrinkage expense $-101,824
Campaign expenses deducted by other agencies $-117,307
Total Income $2,347,857

Programs: 89% Fundraising: 7% Administrative: 4%

Total Income $2,347,857
Total expenses: $2,291,013
  Program expenses $2,030,145
  Fundraising expenses $163,950
  Administrative expenses $96,918
  Other expenses $0
Income in Excess of Expenses $56,844
Beginning Net Assets $345,001
Other Changes In Net Assets $0
Ending Net Assets $367,233
Total Liabilities $1,594,062
Total Assets $1,961,295

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Great West - Pacific