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CHARITY REVIEW
Issued: October 2022 Expires: April 2025

Easterseals Colorado

Standards Not Met
Standards Not Met
14
393 S Harlan St Ste 250
Lakewood, CO, 80226-3599

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

Easterseals Colorado does not meet the following 1 Standards for Charity Accountability:

Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.

Easterseals Colorado does not meet this standard because:

 The organization's budget does not project expected administrative or fundraising expenses.

Easterseals Colorado meets the remaining 19 Standards for Charity Accountability.

Stated Purpose:
Partnering with individuals, families and the community to reduce the impact of disability and health challenges and to enhance quality of life.

Year, State Incorporated:
1926, CO

Easterseals Colorado is a nonprofit healthcare organization that serves those with disabilities that has been leading the was to full equity, inclusion, and access through life-changing disability and community services since 1926. The charity provides support that enhances quality of life and creates opportunities for greater independence for its clients. In 2021, Easterseals Colorado served more than 6,000 Coloradoans with disabilities, and their families, through essential services and on-the-ground supports from medical rehabilitation, employment services, respite, adult day programs, recreation offerings, and disability benefit services.

For the year ended December 31, 2021, Easterseals Colorado's program expenses were:

Program services $3,502,077
Total Program Expenses $3,502,077

Chief Executive
Roman Krafczyk, CEO

Chair of the Board
Mr. Larry Caster, Senior Account Executive

Chair's Profession / Business Affiliation
Enterprise Fleet Management

Board Size
22

Paid Staff Size
176

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Television, Grant proposals, Internet, Door-to-door appeals, Planned giving arrangements, Appeals via Social Media (Facebook, etc.), Solicitations for Used Cars

% of Related Contributions on Fundraising: 17.29%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Easterseals Colorado's audited financial statements - consolidated for the year ended December 31, 2021.

Source of Funds
Fee for service from governmental agencies $1,342,939
Government grants $1,219,912
Forgiveness of Paycheck Protection loan $1,118,477
Contributions $802,570
Program service fees $343,134
Gain on sale of property $233,989
Special events revenue, less cost of direct benefit to donors of $206,103 $154,666
Other income $96,538
Donated services and materials $39,360
Change in value of beneficial interest in perpetual trust held by others $18,412
Net investment return $17,110
Total Income $5,387,107

Programs: 69% Fundraising: 11% Administrative: 20%

Total Income $5,387,107
Total expenses: $5,076,026
  Program expenses $3,502,077
  Fundraising expenses $576,777
  Administrative expenses $997,172
  Other expenses $0
Income in Excess of Expenses $311,081
Beginning Net Assets $5,765,946
Other Changes In Net Assets $0
Ending Net Assets $6,077,027
Total Liabilities $1,912,697
Total Assets $7,989,724

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