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THE COLORADO TRUST

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Public IRS 990 nonprofit record

THE COLORADO TRUST

EIN 84-0994055 · Corporate Foundations (T21)

What they do

THE COLORADO TRUST

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders21 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$119.32spent for every $100 of revenueSpending was higher than revenue this year.
$12.23in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $7,257,861 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $529,663 for DON MARES (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$37,563,966
Expenses$44,821,827
Annual shortfall $7,257,861 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$37,563,966
Expenses$44,821,827
Assets$548,027,277
Income$130,265,089
Grants given$117,353,942
Average grant$145,781
Executive compensation (total)$968,626
Stocks and bonds$266,955,870
Accounting fees$95,638
Investing fees$4,755,925
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DON MARESPRESIDENT AND CEO · 40 hrs/week $529,663
MONALISA OLARTEVP AND CFO · 40 hrs/week $303,783
MORRIS PRICEVP OF GRANTS · 40 hrs/week $264,641
JULLIAN KESNERVP OF COMMUNICATIONS · 40 hrs/week $181,771
TAYLOR SCHAFBUCHCONTROLLER · 40 hrs/week $164,438
ROBERT FOLEYGRANTS PROGRAM DIR · 40 hrs/week $157,171
AMANDA ROSSHR DIRECTOR · 40 hrs/week $154,522
BETTY VELASQUEZCHAIR · 2 hrs/week $34,000
DR BRENDA J ALLENSECRETARY · 2 hrs/week $29,000
DONALD NEASETRUSTEE · 2 hrs/week $29,000
REV LOUISE WESTFALLTRUSTEE · 2 hrs/week $29,000
CHRISTINE MARQUEZ-HUDSONTRUSTEE · 2 hrs/week $29,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (21)

DON MARESPRESIDENT AND CEO

MONALISA OLARTEVP AND CFO

MORRIS PRICEVP OF GRANTS

JULLIAN KESNERVP OF COMMUNICATIONS

TAYLOR SCHAFBUCHCONTROLLER

ROBERT FOLEYGRANTS PROGRAM DIR

AMANDA ROSSHR DIRECTOR

BETTY VELASQUEZCHAIR

DR BRENDA J ALLENSECRETARY

DONALD NEASETRUSTEE

REV LOUISE WESTFALLTRUSTEE

CHRISTINE MARQUEZ-HUDSONTRUSTEE

BRANDY REITTERTRUSTEE

TIM SHULTZCHAIR ELECT

TY COLEMANTRUSTEE

WENDY DOMINGUEZTREASURER

JAMES STANFORD WILLIECOMMUNITY MEMBER

JACK BLUMENTHALCOMMUNITY MEMBER

SAM MASOUDICOMMUNITY MEMBER

TONY VUCOMMUNITY MEMBER

TODD RUBRIGHTCOMMUNITY MEMBER

About this charity

Recognized since
January 1985
Location
3660 Blake St STE 800, Denver, CO 80205
County
Denver
In care of
Monalisa Olarte
Primary officer
Monalisa Olarte, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990PF
Tax preparer
FORVIS MAZARS LLP
NTEE classification
Corporate Foundations (T21)
IRS tax category
Corporate Foundations
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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