Skip to content
Nonprofiteer
← GOOD BUSINESS COLORADO

Form 990 for tax year 2023

Filed by GOOD BUSINESS COLORADO.

Totals

Total revenue
$371,082
Total expenses
$319,850
Contributions and grants received
$253,304
Grants paid
$0
Program service revenue
$115,358
Investment income
$2,420
Other revenue
$0
Total assets, end of year
$319,744
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$319,744
Program services expenses (Part IX)
$277,420
Management and general expenses
$41,783
Fundraising expenses
$647
Program service expenses (Part III)
$105,092

Program services were 86.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $5,789

  • 1e · Government grants (contributions)

    $241,270

  • 1f · All other contributions, gifts and grants

    $6,245

  • 2a · Program service revenue: Policy

    total $45,060 · related or exempt $45,060

  • 2b · Program service revenue: Member Services

    total $70,298 · related or exempt $70,298

  • 3 · Investment income

    total $2,420

  • 6a · Gross rents

    real property $2,076

  • 6b · Less rental expenses

    real property $2,076

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $122,519 · program services $98,015 · management and general $24,504

  • 9 · Other employee benefits

    total $14,776 · program services $11,821 · management and general $2,955

  • 10 · Payroll taxes

    total $13,384 · program services $10,707 · management and general $2,677

  • 11a · Fees: management

    total $161 · management and general $161

  • 11b · Fees: legal

    total $250 · management and general $250

  • 11c · Fees: accounting

    total $4,525 · management and general $4,525

  • 11g · Fees: other

    total $43,400 · program services $42,280 · management and general $1,120

  • 12 · Advertising and promotion

    total $2,200 · program services $2,200

  • 13 · Office expenses

    total $1,273 · management and general $1,273

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $2,038 · management and general $2,038

  • 24a · Other expenses: Program Expenses

    total $49,426 · program services $48,779 · fundraising $647

  • 24b · Other expenses: Payroll Processing

    total $1,875 · management and general $1,875

  • 24c · Other expenses: Partnership Development

    total $385 · management and general $385

  • 24d · Other expenses: Taxes & Licenses

    total $20 · management and general $20

  • 24e · All other expenses

    total $63,618 · program services $63,618 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $268,512 · end of year $286,085

  • 4 · Accounts receivable

    end of year $33,659

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

Bringing together business, government and community organizations to build a more prosperous, equitable and sustainable Colorado based on our shared values.

  • GBC created educational experiences for the broader entrepreneurial community that are dedicated to promoting a prosperous, equitable, and sustainable Colorado. We worked closely with our membership to design programs that address the unique challenges and opportunities faced by business owners. Through a variety of educational initiatives, GBC provided valuable insights into voluntary business practices towards social equity and environmental sustainability, leadership development, and operational strategies. Our programs aim to empower entrepreneurs with the knowledge and resources they need to succeed while fostering a collaborative environment. In alignment with our policy advocacy efforts, GBC ensures that members are informed about relevant policies that impact their businesses and communities. Together, we strive to help good businesses be better, contributing to a thriving economy for all Coloradans.

    Expenses $105,092 · Revenue $146,079

As filed on the 2023 return.

Listed in Part VII

  • Angelique Espinoza

    Director Of Policy

    Total calculated
    $81,342
    From this org
    $81,342
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Debra Brown

    Founding Executive Director

    Total calculated
    $80,073
    From this org
    $80,073
    From related orgs
    $0
    Other
    $0
    Hours/week
    52
  • Blake Manion

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Sarah Marcogliese

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Katharine Knarreborg

    Chair

    Total calculated
    $0
    Hours/week
    1
  • Aaron Zimola

    Director

    Total calculated
    $0
    Hours/week
    1
  • Pete Turner

    Director

    Total calculated
    $0
    Hours/week
    1
  • Carol Cochran

    Director

    Total calculated
    $0
    Hours/week
    1
  • Edwin Zoe

    Director

    Total calculated
    $0
    Hours/week
    1
  • Adam Kogeman

    Director

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
24 October 2024
IRS schema version
2023v5.1
Source object
202433209349323643

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.