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CHARITY REVIEW
Issued: October 2024 Expires: October 2026

Lutheran Family Services Rocky Mountain

Accredited Charity
Accredited Charity

Meets Standards
(303) 922-3433
1035 Osage Street, Suite 700
Denver, CO, 80204
https://lfsrm.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

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

Lutheran Family Services Rocky Mountain meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to strengthen communities by providing support, guidance, and resource coordination to individuals and families throughout the Rocky Mountain region."

Year, State Incorporated:
1948, CO

Also Known As:
Lutheran Social Services of Colorado

Lutheran Family Services Rocky Mountains (LFSRM) states it is a faith-based human services agency providing adoption, disaster relief, foster care, older adult guardianship, family support and education, and refugee and immigration services. The organization provides services regardless of race, religion, gender identity, sexual orientation, or age. LFSRM operates offices in Albuquerque, NM; Billings, MT; Colorado Springs, Denver, Fort Collins, and Greeley, CO; Las Cruces, NM; and Salt Lake City, UT. In 2023, the organization reported it served 6,312 refugees and asylee clients, supported 6,146 children and 855 families through family support and education, and served 1,375 households through disaster relief.

For the year ended June 30, 2023, Lutheran Family Services Rocky Mountain's program expenses were:

Refugee and asylee services $19,750,436
Foster care services $6,257,721
Disaster response service $674,437
Birth parent services and adoptions $422,145
Prevention services $406,565
Legal immigration services $379,522
Older adult and caregiver services $379,522
Total Program Expenses $28,681,610

Chief Executive
James Horan, President and Chief Executive Officer

Compensation*
$174,700

Chair of the Board
Lori Ann Fujioka Knutson

Chair's Profession / Business Affiliation
Denver Metro Colorado First Assistant Attorney General, Contracts and Procurement Unit

Board Size
15

Paid Staff Size
272

*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.)

Fundraising costs were 12% of related contributions. (Related contributions, which totaled $3,003,670, are donations received as a result of fundraising activities.)

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 Lutheran Family Services Rocky Mountain's audited financial statements - consolidated for the year ended June 30, 2023.

Source of Funds
Government grants and contracts $27,332,514
Private sector grants $1,374,804
Contributions $973,921
Program service fees $539,772
Church contributions $239,958
Investment income, net $226,561
In-kind contributions $191,662
Special events, net $125,653
United Way allocations $97,672
Other income $38,096
Total Income $31,140,613

Programs: 90% Fundraising: 1% Administrative: 9%

Total Income $31,140,613
Total expenses: $31,819,045
  Program expenses $28,681,610
  Fundraising expenses $351,556
  Administrative expenses $2,785,879
  Other expenses $0
Income in Excess of Expenses $-678,432
Beginning Net Assets $7,415,314
Other Changes In Net Assets $0
Ending Net Assets $6,736,882
Total Liabilities $6,258,312
Total Assets $12,995,194

Note: According to the organization's audited financial statements - consolidated for the year ended June 30, 2023, LFSRM received in-kind contributions totaling $191,662 in the form of clothing and household goods.

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.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance