Nonprofit · EIN 74-2497109
COLORADO LIFTED FOUNDATION
Tax-exempt · DENVER, CO 80203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,164,180 | $2,339,206 | -$175,026 | $2,058,394 | $207,461 | $1,850,933 |
| June 30, 2024 | 990 | $2,172,758 | $2,041,306 | $131,452 | $2,245,630 | $232,914 | $2,012,716 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,005,632
- of which government grants
- $995,671
- Program service revenue
- $0
- Investment income
- $60,157
- Net income from fundraising events
- $97,659
- Other revenue
- $98,391
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $285,678
- Other salaries and wages
- $1,277,788
- Salaries, compensation and benefits (total)
- $1,851,004
- Professional fundraising fees
- $60,000
- Legal fees
- $14,474
- Accounting fees
- $70,097
- Occupancy
- $90,296
- Travel
- $532
- Program services (functional)
- $1,873,600
- Management and general (functional)
- $241,742
- Fundraising (functional)
- $223,864
Balance sheet and other
- Total assets, start of year
- $2,245,630
- Total assets, end of year
- $2,058,394
- Total liabilities, end of year
- $207,461
- Net assets, end of year
- $1,850,933
- Publicly traded securities
- $763,668
- Net assets without donor restrictions
- $1,419,132
- Net assets with donor restrictions
- $431,801
- Gross receipts
- $2,231,271
- Employees
- 54
- Volunteers
- 25
- Year formed
- 1991
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAYE TAAVIALMA | PRESIDENT AND CEO Officer | 40 | $173,973 |
| STEPHANIE DREILING | VP OF FINANCE Highest-paid employee | 40 | $111,705 |
| LoAn VO | DIRECTOR Trustee or director | 2 | $0 |
| SEAN CAMACHO | DIRECTOR Trustee or director | 2 | $0 |
| COOPER COHEN | DIRECTOR Trustee or director | 2 | $0 |
| ROB COHEN | DIRECTOR Trustee or director | 2 | $0 |
| VANESSA DAVISON | VICE CHAIR Trustee or director, Officer | 10 | $0 |
| GEORGE FLANDERS | DIRECTOR Trustee or director | 2 | $0 |
| LESLIE GINSBURG | DIRECTOR Trustee or director | 2 | $0 |
| JOLYNN LENZ | DIRECTOR Trustee or director | 2 | $0 |
| KIRSTEN KLIPP VANARSDALE | DIRECTOR Trustee or director | 2 | $0 |
| BECKY MANCERO | DIRECTOR Trustee or director | 2 | $0 |
| SHELBY MARTIN | DIRECTOR Trustee or director | 2 | $0 |
| DENNY OMALLEY | TREASURER Trustee or director, Officer | 10 | $0 |
| WENDY ROCKWELL | SECRETARY Trustee or director, Officer | 10 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEREK SCHOONOVER | PRESIDENT Trustee or director, Officer | 10 | $0 |
| CALVIN PASHARD | DIRECTOR Trustee or director | 2 | $0 |
| JIM STAMBAUGH | DIRECTOR Trustee or director | 2 | $0 |
| RUSTY WEHNER | DIRECTOR Trustee or director | 2 | $0 |
| SANDY WEISS | DIRECTOR Trustee or director | 2 | $0 |
| JOHN WETHERINGTON | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KAYE TAAVIALMA | PRESIDENT AND CEO Officer | 40 | $162,485 | $8,700 |
| STEPHANIE DREILING | VP OF FINANCE Highest-paid employee | 40 | $108,451 | $8,700 |
| CAITLIN SPAIN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHELBY MARTIN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BECKY MANCERO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JIM STAMBAUGH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN WETHERINGTON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SANDY WEISS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RUSTY WEHNER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KIRSTEN KLIPP VANARSDALE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROB COHEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GEORGE FLANDERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| COOPER COHEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TONYA ALLEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SEAN CAMACHO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LESLIE GINSBURG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARK HUMPHREY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DENNY OMALLEY | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| DEREK SCHOONOVER | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| VANESSA DAVISON | VICE CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| WENDY ROCKWELL | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1836 GRANT ST, DENVER, CO 80203-1123
- In care of
- % KAYE TAAVIALMA
- Principal officer (990 for 2024)
- KAYE TAAVIALMA, 1836 GRANT STREET, DENVER, CO 80203
- Signed the 990
- KAYE TAAVIALMA, PRESIDENT AND CEO
- Phone
- (303) 861-5005
- Website
- WWW.COLORADODREAM.ORG
- Return prepared by
- Transparent Accounting Consultants
Mission
WE PARTNER WITH YOUTH AND THEIR FAMILIES AS THEY SUCCESSFULLY NAVIGATE SCHOOL, COLLEGE, AND CAREER BY PROVIDING A HOLISTIC ACADEMIC, SOCIAL, AND EMOTIONAL PROGRAM FROM ELEMENTARY SCHOOL THROUGH COLLEGE, ALONG WITH POST-SECONDARY SCHOLARSHIP ASSISTANCE.
Program accomplishments
- COLORADO DREAM FOUNDATION WAS INCORPORATED UNDER THE LAWS OF THE STATE OF COLORADO ON FEBRUARY 29, 1988. SINCE OUR FOUNDING, WE HAVE BEEN UNIQUELY POSITIONED TO DELIVER RESULTS BECAUSE OF THE LONG-LASTING, DEEP RELATIONSHIPS WE BUILD WITH FAMILIES, STARTING IN ELEMENTARY SCHOOL AND CONTINUING THROUGH COLLEGE AND INTO A CAREER. OUR PROGRAM TAKE PLACE IN OUT-OF-SCHOOL TIME SETTINGS, ALLOWING US TO UTILIZE AFTERNOONS, EVENINGS, AND SUMMERS TO WORK WITH OUR YOUTH. OUR COMMITMENT TO SUPPORTING YOUTH THROUGH THEIR POST-SECONDARY JOURNEY MEANS WE CONTINUALLY ADAPT TO MEET THEIR NEEDS EVERY STEP OF THE WAY. OUR HISTORY OF USING DATA AND EVALUATION TO CLOSELY MONITOR ACADEMIC AND SOCIAL-EMOTIONAL GROWTH POSITIONS US WELL TO DELIVER CONSISTENT, MEASURABLE RESULTS. THE FOUNDATION IS SUPPORTED PRIMARILY BY PRIVATE AND PUBLIC SECTOR GRANTS AND DONATIONS AND IS COMMITTED TO MAINTAINING FINANCIAL STABILITY. OUR DIVERSE LEADERSHIP TEAM AND BOARD OF DIRECTORS PROVIDE OPERATIONAL OVERSIGHT TO ENSURE CONTINUING FINANCIAL HEALTH. IN FY25, WE SERVED 467 YOUTH AND FAMILIES ACROSS METRO DENVER THROUGH FOUR HOLISTIC, INTEGRATED SERVICE AREAS: -OUT-OF-SCHOOL TIME PROGRAMMING: PROVIDES DAILY ACADEMIC ENRICHMENT, PROJECT-BASED LEARNING, AND SOCIAL-EMOTIONAL DEVELOPMENT FOR ELEMENTARY THROUGH HIGH SCHOOL STUDENTS. -COLLEGE & CAREER DEVELOPMENT: HELPS STUDENTS EXPLORE THEIR INTERESTS, SET GOALS, AND BUILD REAL PATHWAYS TOWARD HIGHER EDUCATION AND FUTURE CAREERS. -BEYOND DREAMS THERAPY: DELIVERS CULTURALLY CONSCIOUS, TRAUMA-INFORMED MENTAL HEALTH CARE, WITH CLINICIANS NOW EMBEDDED AT TWO DENVER PUBLIC SCHOOL (DPS) HUBS AND AT RFMA MEETING STUDENTS AND FAMILIES WHERE THEY ALREADY FEEL SAFE. -RESTORING FUTURES: OUR NEWEST INITIATIVE ADDRESSING SCHOOL TRUANCY, PROVIDING COURT-INVOLVED YOUTH WITH INDIVIDUALIZED, WRAPAROUND SUPPORT TO RE-ENGAGE THEM IN SCHOOL AND STABILIZE THEIR LIVES. FY202425 RESULTS WE USED SEVERAL METRICS TO ENSURE WE ARE SUCCESSFULLY PREPARING YOUTH FOR HIGH SCHOOL GRADUATION AND POST-SECONDARY SUCCESS: -467 YOUTH SERVED ACROSS ALL PROGRAMMING: OUT-OF-SCHOOL TIME (167), SUMMER CAMPS (156), AND THERAPY (144). -92% OF YOUTH SERVED COME FROM LOW-INCOME HOUSEHOLDS, UNDERSCORING THE VITAL ROLE OUR PROGRAMS PLAY IN OPENING DOORS TO BRIGHTER FUTURES. -91% OF YOUTH SERVED ARE FIRST-GENERATION COLLEGE STUDENTS, PAVING THE WAY FOR NEW OPPORTUNITIES IN HIGHER EDUCATION AND BEYOND. -90% OF YOUTH MAINTAINED A DAILY SCHOOL ATTENDANCE RATE OF 95% OR HIGHER. -32 TITLE I SCHOOLS SUPPORTED THROUGH AFTER-SCHOOL PROGRAMMING ACROSS DENVER, AT NO COST TO FAMILIES. -95% OF FAMILIES AND YOUTH WERE SATISFIED OR VERY SATISFIED WITH OUR SUMMER CAMP. -16,000 THERAPY SESSIONS PROVIDED THROUGH BEYOND DREAMS THERAPY SINCE SEPTEMBER 2021; 87% OF CLIENTS MET ONE OR MORE THERAPY GOALS. -100% OF YOUTH SCORED TYPICAL OR STRENGTHS ON THE DEVEREUX STUDENT STRENGTHS ASSESSMENT (DESSA), DEMONSTRATING MEASURABLE SOCIAL-EMOTIONAL SKILL GAINS.Expenses $1,873,600
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 74-2497109
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,058,394
- Income (IRS master file)
- $2,231,271
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,164,180 | $2,339,206 | $2,058,394 | IRS |
| 990 | June 2024 | $2,172,758 | $2,041,306 | $2,245,630 | XML |
| 990 | June 2023 | $1,994,051 | $1,818,511 | $1,952,417 | IRS |
| 990 | June 2022 | $1,722,938 | $1,530,763 | $1,771,093 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-2497109).
Questions about COLORADO LIFTED FOUNDATION
- What is the EIN of COLORADO LIFTED FOUNDATION?
- The employer identification number (EIN) of COLORADO LIFTED FOUNDATION is 74-2497109.
- Is COLORADO LIFTED FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to COLORADO LIFTED FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COLORADO LIFTED FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COLORADO LIFTED FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COLORADO LIFTED FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of COLORADO LIFTED FOUNDATION?
- The 990 for the year ended June 30, 2025 names KAYE TAAVIALMA.
- Who are the officers and directors of COLORADO LIFTED FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 21 people; 2 received compensation from the organization, the highest $173,973 (KAYE TAAVIALMA, PRESIDENT AND CEO).
- How much revenue does COLORADO LIFTED FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,164,180, expenses of $2,339,206 and total assets of $2,058,394 at year end.
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