2009Colorado Nonprofit AssociationAnnual Report

The economy continued to be acentral focus for many nonprofitsin 2009 and the Colorado NonprofitAssociation rose to meet the manyneeds nonprofits faced as theymaneuvered through the rougheconomic climate. The ColoradoNonprofit Association advanced ourmission to lead, serve andstrengthen the nonprofit sector, as

detailed in this Annual Report. The Association surveyed the nonprofitsector to better understand how the economy was impactingnonprofits. Through the assessment of information provided by twosurveys, the Association provided valuable services to the nonprofitsector throughout 2009.

The Association convened nonprofits and other stakeholders duringthe year for several key learning opportunities. The Association hosteda forum to highlight how nonprofits could access resources throughthe American Recovery and Reinvestment Act (ARRA), and partneredwith other organizations to host an Economic Summit. We alsoexpanded our Fall Conference and Exhibition to two days to providekey educational opportunities to all nonprofit leaders.

Philanthropy continued to be a key focus in 2009 as the ColoradoNonprofit Association advanced the Colorado Generosity Project. The

Association partnered with the Secretary of State, the AttorneyGeneral and The Denver Post to establish ChecktheCharity.com. Thenew website allows donors another way to find out information aboutnonprofits.

The Association was quite active in public policy during the yearwhich began with the Governor signing HB 09-1088 into law at ourNonprofit Week Awards luncheon. HB 09-1088 allows nonprofits tomake purchases through the state procurement system providing anopportunity for significant cost savings to nonprofits. As theAssociation looked towards the 2010 session, we identified legislativeproposals that would strengthen incentives for charitable giving, jobcreation by nonprofits and flexibility in state contracting.

The Colorado Nonprofit Association led the sector during the difficulteconomic times of 2009 through innovative programs, by establishingkey partnerships and by listening to our members. We will continue toprovide leadership to the sector in 2010 as we face the newchallenges brought before us.

Juan BotelloDirector of Finance and Operations, Graland Country Day SchoolChair, Colorado Nonprofit Association Board of Directors

The accomplishments of theColorado Nonprofit Associationwould not be possible without thededication and passion of theAssociation’s wonderful staff toserve and grow the sector. TheAssociation’s success is also dueto the guidance of our Board ofDirectors, our partnerships with

other organizations, our foundation and business sponsors, and mostimportantly, our members. As we look forward, the Association willwork to advance the nonprofit sector by:� Building a more Generous Colorado. The Association will lead andorganize a statewide collaboration to increase giving in Colorado.This next phase of the Colorado Generosity Project will seek tochange giving behaviors and giving patterns to sustain and growthe nonprofit sector.

� Increasing civic engagement. Nonprofits form extensive communitynetworks that can influence the public policies that support astrong economy and social change. Colorado’s state and localgovernments face significant fiscal challenges that will impactnonprofits and communities. The Association will lead, train andencourage nonprofits to become engaged in positive ways to meetthese challenges.

� Nonprofit Capacity Building. To assist nonprofits to fulfill theirmissions, we will continue to offer a wide variety of high-quality

educational programs, online content-based resources and costsaving programs.

� Encouraging nonprofit, business and government partnerships. In atime of diminished financial resources and increased social need,new partnerships and collaborations among the sectors isessential. The Association will facilitate such efforts througheducation about opportunities for collaboration, convening thesectors for further discussion and supporting public policies thatfurther partnerships.

� Member and nonprofit engagement. Our strength as the voice ofthe sector comes from our members and the nonprofits we serve.To ensure the relevancy and value of our advocacy and programs,we will increase member engagement through personal visits andonline conversations.

As the Colorado Nonprofit Association heads into its 25th year in2011, we remain dedicated to growing and strengthening Colorado’snonprofit sector. We approach the future with optimism andcreativity. Thank you for all of your support!

Renny FaganPresident and CEOColorado Nonprofit Association

From the Board Chair

Juan Botello

Renny Fagan

From the President and CEO

2009 Highlights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2–3

Membership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4–5

Professional Development, Conferences and Events . . . . . . . . . . . . . . 6–7

Public Policy and Advocacy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8–9

Colorado Generosity Project. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Economic Recovery . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11–12

Board, Committees and Volunteer Leadership . . . . . . . . . . . . . . . . . 13–14

Financial Reporting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15–18

Donors and Sponsors. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

Nonprofit Resources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

Staff . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

1

Annual Report

2009

© 2010 Colorado Nonprofit Association

Cover Photos (clockwise from upper left):Anchor Center for Blind Children, YoungAmericans Center for Financial Education,

Sand Creek Regional GreenwayPartnership, The Friendship Bridge,

Opera Colorado

Big Thompson Watershed Forum

Like many nonprofits that weatheredthe storm of the recession in 2009,the Colorado Nonprofit Association

experienced obstacles but remainedsuccessful by demonstrating flexibility,resiliency and creativity. We rose to helpnonprofits meet the challenges of thedownturned economy while continuingour efforts in the core competency areasof advocacy and communications, publicpolicy, membership, educationalprograms, resource development andorganizational infrastructure. Ourproactive response enabled theAssociation to achieve significant goalson behalf of the sector in 2009. Weadjusted our annual operating plan andbudget, re-evaluated our programs, andplanned carefully for 2010 to maximizeour effectiveness. All progress made in2009 is directly linked to the staff andthe incredible dedication they showedthroughout the year. Here are some ofthe year’s highlights (page numbers referto areas in this report where you can findmore information).

� Sharon Knight acted as interimpresident and CEO until March whenRenny Fagan began as president andCEO.

� The Association’s Board of Directorsonce again identified the need toincrease charitable giving to thenonprofit sector as one of its toppriorities (p. 10).

� The Generous Colorado campaignreceived public recognition when thetwo televised Generous Colorado PSAslaunched in December 2008 receivedthe 2009 Colorado American

Marketing Association PEAKAward (p. 10).

� The Association, the Secretary of State,the Attorney General, and The DenverPost Season to Share establishedChecktheCharity.com, providingColoradans with an additional way tofind information about nonprofits whenthey want to donate (p. 10).

� The Association worked in conjunctionwith the Community Resource Centerto produce two survey reports –Weathering the Storm: Challenges andOpportunities Facing ColoradoNonprofits During Recession and the2009 Update to the report– tohighlight how the economic downturnaffected Colorado’s nonprofits (p. 11).

� In March, the Association hosted theOur3 Summit with several partnersin the Denver Metro area. The eventprovided opportunity to launch newinformation about the effects of theeconomy on nonprofits, and initiatedcommunications for collaboration(p. 12).

� A full capacity crowd of more than 300nonprofit professionals attended ourRecovery Act Forum in April to gaininformation about how to participatemore fully in the American Recoveryand Reinvestment Act (ARRA) (p. 12).

� The Association created andmaintained a Recovery Act websitecontaining information and resourcesabout federal stimulus opportunities (p.11).

� To support new programs to helpnonprofits access greater opportunitiesthrough ARRA, the Associationestablished the economic recoveryand community outreachcoordinator staff position (p. 11).

� The U.S. Department of Health andHuman Services awarded theAssociation a StrengtheningCommunities Fund grant fundedthrough ARRA in September (p. 12).

Highlights of 2009

2

Adam's Camp

Sharon Knight

� We added Cause Planet andMountain Avenue to our grouppurchase program. Also, the ProBono Legal program for nonprofits toaccess free legal advice receivedenthusiastic response (p. 4).

� Nonprofit Resources maintainedtheir excellent service to membersand also began offering onlineindividual insurance products fornonprofit employees and theirfamilies as new resources (p. 20).

� The Association helped pass HB 09-1088, allowing nonprofits to makepurchases from the stateprocurement system (p. 8).

� The 14th annual ColoradoNonprofit Week AwardsLuncheon featured a bill signingceremony in which Gov. Bill Rittersigned into law HB 09-1088(pgs. 7 and 8).

� We worked with state lawmakers todevelop 2010 legislative proposalsto strengthen incentives for charitablegiving, job creation by nonprofits,and flexibility in state contracting(p. 9).

� Renny Fagan, president and CEO;Sharon Knight, vice president andchief operating officer; and MarkTurner, manager of public policy;were appointed to importantpolicy-related positions (p. 8).

� In October, the Associationexpanded its 17th annual FallConference and Exhibition forthe first time to two full days.This conference produced higherevaluation results than in 2008(p. 7).

� The fourth year of ourLeadership Series remained wellreceived and well attended, andincluded Critical ConnectionsDuring Economic Turmoil;Mergers, Partnership andCollaboration; Social Media andOnline Giving, Building aTradition of Philanthropy (p. 7).

� The Association adopted a newbudget for the last three quartersof 2009, reducing and shiftingexpectations for revenues andexpenditures for the year. We were

Durango Adult Education Center

3

able to maintain strongcash position and abalanced budget to theend.

The Colorado NonprofitAssociation successfullyovercame the economicchallenges of 2009. Weidentified the criticalneeds of the nonprofitsector throughout thatuncertain time andproactively responded tothose needs to furtherlead, serve andstrengthen nonprofits inColorado. We areextremely grateful for theorganizations with whichwe collaborated and thevolunteers with whom we worked throughout the year in order to achieve our goals.We are also very thankful for the foundations and businesses, and of course, themember organizations that supported the important work of the Colorado NonprofitAssociation through a tough financial year.

Sharon A. KnightVice President and Chief Operating OfficerColorado Nonprofit Association

DenverWorks

With the challenges of thedownturned economy, ColoradoNonprofit Association

membership dropped slightly in 2009,from 1,301 to 1,273 members. However,we experienced growth in the number ofnew business members.

Recognizing the need to further increasethe value of membership, we added twonew businesses to our cost saving grouppurchase program for nonprofitmembers.

� Cause Planet enhances our members’educational opportunities bysummarizing best-selling books eachmonth in both nonprofit and relevantcorporate topics.

� Mountain Avenue increases ourmembers’ opportunity to raise fundsthrough a gift-giving website thatallows consumers to choose a nonprofitorganization that will receive a portionof each purchase – thus becoming arevenue stream for nonprofits listed ontheir website.

Additionally, we implemented theColorado Nonprofit Pro Bono LegalGroup. An initiative of the Association,the Colorado Lawyers Committee andProBono USA, matches nonprofitorganizations (budgets under $1 million)in need of legal assistance with volunteerlawyers. This program is open to allestablished 501(c)(3) nonprofits at leastonce annually regardless of theirmembership status. Since its launch inMay 2009, the program has successfullyplaced more than 30 requests for legal

services. Requests can be as simple asreviewing a policy prior to adoption andas complex as conservation easements.

Supporting Educational EffortsThe Association with Metropolitan StateCollege of Denver sponsored Power,Pride & Passion in November. This freeconference showcased the various careeropportunities available in the nonprofitsector. Students and emerging nonprofitprofessionals attended breakout sessionsin arts, education, human services,environmental issues, health, animalwelfare, philanthropy, and sports andrecreation – all presented by ColoradoNonprofit Association members. TheAssociation also educated future leadersof the nonprofit sector by attendingspeaking and career events at RegisUniversity.

2009 Membership SurveyIn 2009 the Association invited membersto complete an online survey to help usbetter understand how we might servethem. Highlights from the surveyincluded:

� 67 percent of respondents attendeducational programs.

� 62 percent read Nonprofit Colorado.� 56 percent utilize Principles & Practicesfor Nonprofit Excellence in Colorado.

� 50 percentpost openpositionson our JobBoard.

� 41 percentutilizeliabilityinsuranceproducts.

The Benefits of MembershipProviding a myriad of benefits that ourmembers find most advantageouscontinues to be a top priority of theColorado Nonprofit Association.

Insurance ProductsNonprofit Resources, our wholly-owned for-profit subsidiary, provides easyaccess to insurance products for ournonprofit members. Nonprofit Resources’insurance professionals have theknowledge and expertise to helpnonprofits choose the products that offerthe protection they need. Offeringsinclude:

� General liability

� Directors and Officers liability

� Property

� Workers’ Compensation

� Employee benefit products – health,dental, vision, life and disability plans

� Unemployment Compensation Trust

Nonprofit Resources also began offeringonline individual insurance products fornonprofit employees and their families asnew resources.

For more information on NonprofitResources see Page 20.

4

Membership

Colorado Youth Corps Association

Colorado Uplift

Online ResourcesCareer CenterThe Nonprofit Job Board remains oneof the most popular features on ourwebsite, receiving more than 25,432visits per week – up more than 28percent over last year. The number of jobpostings closely mirrored the economy,falling more than 25 percent over 2008to a total of 2,598.

The Internship Board postingsincreased by about 26 percent this year,receiving 161 internship postings in thepast year over 136 in 2008.

The Resume Board postings alsoshowed an increase of about 24 percent,receiving 100 resume postings in the pastyear over 81 in 2008.

Nonprofit Events CalendarThe Nonprofit Events Calendar continuesto be a popular place to post nonprofitfundraising, educational, and celebratoryevents. In 2009 the Nonprofit EventsCalendar listed more than 564 events.

GenerousColorado.orgThis website educates the public on theimportance of giving and offersindividuals an opportunity to researchnonprofit organizations to which theywould like to donate. Colorado NonprofitAssociation member organizations arefeatured in a searchable database linkingviewers to member websites.

Business Member SearchThe online Business Member Searchmakes it easy to find products andservices offered by our businessmembers. These businesses have thedesire and experience to work withnonprofit organizations, and many ofthem offer discount rates to nonprofits.

ListservThe listserv is an email exchange ofinformation and ideas between nonprofitcolleagues, business and individualmembers. Over the past year, the listservhas grown to serve a net of 627subscribers.

Informational ServicesKeeping our members up to date on thelatest news and critical sector-widetopics is important. Two of the mostpopular and informative services theAssociation offers are:

Nonprofit ColoradoThe Association’s bimonthly newsletter,Nonprofit Colorado, is distributed tomore than 2,100 individuals,organizations, businesses, and publicofficials. In the survey of memberscompleted in 2009, responding membersindicated which features are normallyread:

� 77 percent of responding membersread the Education & LeadershipDevelopment listings.

� 68 percent of responding membersread the Public Policy Update.

� 67 percent of responding membersread the Philanthropy Corner.

Less than five percent of respondingmembers indicated they did not read thenewsletter at all.

Nonprofit Help DeskThe Nonprofit Help Desk received morethan 400 direct requests for assistancefrom nonprofits across Colorado, andsometimes even beyond our borders!While our whole team fields questionsand requests for information, the HelpDesk offers a central hub of resourcesfor both members and nonmembers ofthe Association. The broad range ofquestions answered includes everythingfrom governance to evaluation.

5

Group Purchase ProgramColorado Nonprofit Association’s group purchase program is made up of variousbusinesses that offer significant discounts to members of the ColoradoNonprofit Association. These cost saving programs are an extremely popularbenefit to our members and include:

� AmCheck: Payroll services, including tax compliance, time and attendancerecords

� Cause Planet: One-of-a-kind leadership tool summarizing best-selling bookseach month – both nonprofit topics and relevant corporate topics

� Colorado Bar Association: Produces the easy to understand publication AGuide for Colorado Nonprofit Organizations

� Constant Contact: Email marketing services

� The Fuel Team: Affordable webpage design services

� GiftWorks: Comprehensive database software

� iWave: Donor research available through online subscription

� Metasoft Systems: Online foundation research

� Mountain States Employers Council: Human resources assistance fororganizations with 10 or fewer employees

� Office Depot: Office supplies and furniture, copying services

� Providers Resource Clearinghouse: Recycled office furnishings andmiscellaneous supplies

� ReadyTalk: Audio/web conferencing

� Reality Background Checks: Screening for potential employees andvolunteers

Additionally, the insurance products from Nonprofit Resources were alsovery popular in 2009, and among the primary benefits available toColorado Nonprofit Association members.

Building capacity of nonprofits,individually and collectively,remained an important objective

throughout 2009 for the ColoradoNonprofit Association. While wemaintained our commitment to providinghigh quality programming with engagingtopics, we truncated our regulareducational programming in order torespond to critical needs of the sectorquickly and professionally as a result ofthe economic downturn. The Associationprovided forums and special educationalsessions to help nonprofits respond tothe recession. For more information onthe Association’s economic recoveryefforts, see Page 11.

Educational ProgramsIn 2009, the Colorado NonprofitAssociation reached more than 3,000individuals across the state through itsdiverse educational programming. Thisincluded offering its professionaldevelopment trainings and webinars,Principles & Practices for NonprofitExcellence in Colorado, ColoradoGenerosity Project programming,economic recovery programs and othereducational events. Throughout the year,the Association continued to respond tofeedback from participants and otherstakeholders to ensure that itseducational offerings met the needs ofnonprofit professionals.

Regional OutreachThe Association continued its efforts toengage and educate nonprofitsthroughout the state in 2009. Wefocused on supporting economicrecovery programs, which were offeredthroughout Colorado.

Webinar trainings continued in 2009covering Principles & Practices forNonprofit Excellence in Colorado as wellas a variety of fundraising topics andspecial events. We also added a newRural Issues track, which offered lower-cost, quarterly webinars covering topicsspecific to organizations operatingoutside of urban areas. We intentionallyincreased the number of webinarsutilized for classes to enable increasedregistrations by organizations across thestate, and to provide ultimate flexibilityin participation. The Association ispleased to make recordings of these

webinars available in the Webinar Libraryon the Association’s website. TheWebinar Library makes professionaldevelopment available anytime.

Training CollaborativeThe Association participated in its thirdyear of the Training Collaborative withMetro Volunteers and CommunityResource Center (CRC). All threeorganizations continued their effortscollectively to minimize duplication ofprofessional development offerings andto improve communications. The groupscontinued to meet quarterly tocoordinate their programs in order toprevent overlap of trainings. TheColorado Nonprofit Training Guide, acomprehensive list of the trainingsoffered by the three organizations,released quarterly via email to more than10,000 contacts.

Professional Development,Conferences and Events

2009 Fall Conference exhibit hall

6

Colorado Nonprofit Week Awards Luncheon— William and Natalie Funk

7

Colorado Nonprofit WeekAwards LuncheonTopping off Colorado Nonprofit Week,the 14th annual Colorado NonprofitWeek Awards Luncheon attracted morethan 700 nonprofit professionals,community leaders and state legislatorson March 13 in Denver. While this was asmaller crowd than in 2008, attendeesrecognized that in challenging times it ismore important than ever to cometogether with colleagues, boards, fundersand donors to celebrate the worknonprofits do every day and a time tohonor the achievements of the nonprofitcommunity.

State Treasurer Cary Kennedy,Attorney General John Suthers,Secretary of State Bernie Beuscher,and Gov. Bill Ritter spoke at the event.The Awards Luncheon also featured a billsigning ceremony in which the governorsigned into law HB 09-1088,Certification of Nonprofits as LocalPublic Procurement Units; and a musicalperformance from Association member,El Centro Su Teatro.

This year the Association honored sixindividuals for their exemplary service totheir communities and the nonprofitsector. Betty Lehman, Autism Societyof Colorado and Jay Fetcher, ColoradoCattlemen’s Agricultural Land Trust eachreceived the William Funk Award forBuilding Stronger Communities; Sen.Betty Boyd and Rep. David Balmereach received Legislator of the YearAward; Bob Jackson received the Public

Service Lifetime Achievement Award; andJeff Pryor received the Steve GrahamAward for Building Nonprofit Capacity.

Fall Conference and ExhibitionIn October, the Association expanded itsannual Fall Conference and Exhibition forthe first time ever to two full days.Despite inclement weather affecting thefirst day’s attendance, the 17th annualevent was a great success. Nearly 800sponsors, registrants, exhibitors,presenters and consultants participated.In light of the economic climate, theconference encompassed the theme ofefficiency, creativity and effectiveness asnonprofits discovered ways to do morewith less. 2009 produced higherevaluation results than 2008. Althoughregistrations fell slightly below 2008peak numbers, sponsors and exhibitorsincreased. We expect that if we repeatthe two-day format in future years, theevent will draw increasing numbers ofattendees from outside the Denver area.

Exciting new features included:

� Consultant’s Corner – presented inpartnership with Community ResourceCenter, offered free 20-minute sessionswith expert consultants.

� Nonprofit Innovators Showcase –introduced groundbreaking newstrategies from other nonprofits.

� Evening networking events to furtherconnections between colleagues.

Leadership SeriesThe fourth year of our Leadership Serieswas a success. We continued to bringtogether nationally renowned sectorexperts and nonprofit, business,government, and community leaders forengagement in meaningful conversationson topics vital to the future of thenonprofit sector. Each event alsofeatured panels of local experts.

In January, nationally renowned speakerBarbara Levy presented CriticalConnections: Strategic Decisions toSustain Your Organization, andengaged conversation on leveragingexisting relationships and makingstrategic decisions about thoseconnections. Panelists included PeterKonrad, Susan Kramer, Tamra Ryan, andDeborah Brackney.

Mergers, Partnerships andCollaborations in May featured TomMcLaughlin, nationally recognized expertand author on nonprofit mergers andalliances. Tom spoke on opportunities,drawbacks, landmines and best practicesof joining forces to achieve nonprofits’missions. Alan Becker, Melinda Higgsand Mike Roque participated on thepanel.

Holly Ross, executive director ofNonprofit Technology Network, led theSeptember Leadership Luncheon, SocialMedia and Online Giving, with adiscussion on fundraising and friend-raising capabilities of social media andhow nonprofits can cause them tostrengthen their organizations. The panelcomprised Dawn Crawford, Alyssa Kopfand Adeeb Khan.

The 2009 Leadership Series concludedin December with Building a Traditionof Philanthropy. Susan Crites Price,vice president at the National Center forFamily Philanthropy and author,presented on building a culture of givingby involving young people and theirfamilies in the work of nonprofits tobuild lasting relationships and strongercommunities. Christiane Leitinger, AlexisBoian and Sonya Garcia Ulibarriparticipated on the panel.

Social Media Leadership Luncheon —Holly Ross, Dawn Crawford,Adeeb Khan and Alyssa Kopf

8

The Colorado Nonprofit Associationengaged in key public policydebates for nonprofits to a greater

degree in 2009 than in previous years.While the Association continued toidentify and respond to issues that have asubstantial impact on Colorado’snonprofit sector, we also capitalized onseveral opportunities to advance policychanges and educational resources toprotect and strengthen nonprofitorganizations. Through action alerts, bill

analyses, and legislative matrices, theAssociation engaged members in effortsto pass laws that help Colorado’snonprofit sector.

In 2009, three Association staff memberswere appointed to important policy-related positions. Renny Fagan, presidentand CEO, began serving on the stateFiscal Stability Commission; Mark Turner,manager of public policy, was appointedto the Colorado Complete CountCommittee to support outreach effortsfor the 2010 Census; and Sharon Knightwas appointed to the Judicial ReviewCommission for Jefferson County.

Facilitating Cost Savings andGenerating RevenueThe Colorado Nonprofit Association andthe Colorado Department of Personneland Administration collaborated to passHB 09-1088. This new law allowsnonprofits that receive funding fromfederal, state, or local governments tomake purchases from the state

procurement system. Nonprofits can nowenjoy the same 10 to 40 percent savingson vendor prices that governmentagencies have. Gov. Ritter signed this billat a ceremony at the 2009 ColoradoNonprofit Week Awards Luncheon.

HB 09-1293 sets new fees for hospitalsproviding medical services. The feeswould be used to leverage up to $600million in federal matching funds tomake more than 100,000 Coloradanseligible for coverage under Medicaid andCHP+. The increased revenue would alsoallow for increased providerreimbursement rates for Medicaid andCHP+. By covering more of theuninsured and increasing providerreimbursements, less of the costs foruncompensated care will be shifted toemployers through higher insurancepremiums.

Public Policy and Advocacy

2009 Colorado Nonprofit Week Awards Luncheon — bill signing

2009 Colorado Nonprofit Week AwardsLuncheon — Rep. David Balmer

and Gov. Ritter

The Association also endorsed HB09-1012 allowing insurance carriersthat provide individual and grouphealth insurance plans in Colorado tooffer incentives for voluntaryparticipation in wellness andprevention programs. Participantscannot be required to achieve aspecific outcome to receive theincentive. Incentives may include, butare not limited to, premium discountsor rebates; modifications tocopayment, deductible, or coinsuranceamounts; or a combination of theseincentives or rewards.

The Association continued its supportof efforts by Independent Sector andother national partners to extend theIRA Charitable Rollover, allowingseniors to make tax-free contributionsfrom their Individual RetirementAccounts.

Supporting EffectiveNonprofit GovernanceHB 09-1248 re-drafted the board ofdirectors action without a meetingsection of the Colorado RevisedNonprofit Corporation Act. Previously,the law required that all directorsrespond to a motion to take actionwithout a meeting for the action to be

approved, even if only to abstain. Unlessotherwise provided in the nonprofit’sbylaws, HB 09-1248 would allow a boardto set a reasonable deadline fordirectors to respond to a motion to actwithout a meeting. Directors who fail torespond shall be considered to haveabstained and the motion would beapproved if it receives the same numberof votes that would be required for it topass at an in-person meeting. Withthese changes, it will be easier fornonprofit boards to take actions withouta meeting via email, fax, or other formof wireless communication.

At the national level, the Associationworked with the National Council ofNonprofits to develop the NonprofitCapacity Building Program, whichbecame part of the Serve America Act.This program would allocate $5 millionover 5 years to organizations that helpnonprofits develop effective governance,ensure legal compliance, and usetechnology wisely.

Strengthening Nonprofits’VoicesLate in the legislative session, legislatorspassed SJR 09-044 to create an interimcommission to study matters of fiscalstability. Matters of study include higher

education and transportation funding,affordable access to health care, K–12education, state owned assets, andcreating and funding a rainy day fund.The commission was charged withcreating a strategic plan for fiscalstability and submitting written findingsand any legislative recommendations byNovember 2009. Renny Fagan served asone of ten at-large members of thecommission. Before it adjourned, thecommission proposed a number of billsto study Colorado’s tax system, toreform the state constitution through aconstitutional commission, to set up arainy day fund, to increase flexibility inhigher education, and to allownonprofits to submit unsolicitedproposals for contracting with stateagencies.

The Association also endorsed HB09-1064 to create an interim committeeto develop comprehensive solutions topoverty issues in Colorado. Althoughthis committee would consist entirely oflegislators, the bill requires a number ofsubcommittees where nonprofits canshare their expertise on these issues.

In addition to supporting state bills, theAssociation actively watched the 2008–09 state budget to ensure that budgetcuts did not include the sales taxexemptions for purchases by nonprofits.

Looking Forward to 2010Active around the state, the ColoradoNonprofit Association held meetings toencourage feedback on proposed billsfor the 2010 legislative session. TheAssociation worked with the publicpolicy committee and state lawmakersto develop the following proposals:

� Make permanent the state charitablecontribution deduction for non-itemizing taxpayers.

� Create an income tax credit forcontributions to help nonprofits createjobs.

� Allow nonprofits to make unsolicitedproposals to state agencies forcontracts to deliver public services.

In addition, the Association partneredwith U.S. Census Bureau to encouragenonprofit participation in efforts topromote the 2010 Census count.

9

Colorado Nonprofit Week Awards Luncheon —Sen. Suzanne Williams and Renny Fagan

Colorado Generosity ProjectGenerousColorado.org and YouTube.Comcast began airing them extensivelyat the end of 2008 and 2009. Channel 4provided in-kind airings through thelatter half of 2009. We worked closelywith the media to identify poignantinformational stories to boost charitablegiving at year-end, securing numerouskey newscasts to benefit the sector.

The Association createdGenerousColorado.org in December2008 to provide a user-friendlyeducational resource and an onlineportal for giving. In 2009 we updatedand remodeled the website to offer moreinformation and easier navigation.Visitors can now easily find a cause ornonprofit to support as well as links toother sites that accept donations. Anevent calendar listing fundraising andbenefit events is available forColoradans to identify different ways toget involved with nonprofits. Withemphasis on building a tradition ofphilanthropy, there is a section for kidsof all ages – highlighting how theyand their families can increasegenerosity. Individuals andnonprofits are able todiscuss philanthropy inColorado on the GenerousColorado Blog, accessiblethrough the website. In itsinaugural year of operation,the site averaged 416sessions (individual visits) aweek. The average visitorlooked at approximately twopages per session, resultingin a site-wide total of 803page views a week.

Check the CharityThe Colorado NonprofitAssociation, the Secretaryof State, the AttorneyGeneral, and The DenverPost Season to Sharecollaborated in Novemberto establishChecktheCharity.com.This new website promoteswise charitable giving and

provides Coloradans with an additionalway to find information about nonprofitswhen they want to make a donation.Visitors to the site can learn aboutnonprofits’ charitable purposes andreview organizations’ financialinformation that nonprofits file with theSecretary of State. The site also links toGenerousColorado.org, and the websitesof Secretary of State, Attorney Generaland The Denver Post Season to Share.

This partnership is one further step bythe Colorado Nonprofit Association toincrease giving in Colorado to allnonprofits. We know that trust, anunderstanding that a nonprofit is well-managed, and affiliation with a cause areprimary factors leading donors to give inColorado. We hope this new partnershipwill help Coloradans find all theinformation they need to successfullyinvest in nonprofits that fulfill all theseattributes.

Colorado American MarketingAssociation PEAK Award

10

ChecktheCharity.com

In 2009, the Colorado NonprofitAssociation continued itsengagement in the Colorado

Generosity Project – a multi-year,statewide campaign to help nonprofitsdemonstrate best practices, increaseawareness of the impact of thenonprofit sector, and increasecharitable giving in Colorado.

This program has included keyresearch, the adoption of a bestpractices program for the state,training programs in a variety of topicareas to improve effectiveness andenhance fund development, a mediacampaign to increase philanthropy, anda website to facilitate giving.

While all aspects of the ColoradoGenerosity Project have achieved greatadvances, charitable giving in Coloradoremains lower than the nationalaverage, and many nonprofits strugglewith implementation of strongprograms to solicit donations.Colorado Nonprofit Association’sBoard of Directors, in reviewing itsstrategic plan, once again identifiedthe need to increase charitable givingto the nonprofit sector as one of itstop priorities.

Generous ColoradoThe Generous Colorado campaignreceived public recognition in June2009 when the two televised GenerousColorado PSAs launched in December2008 received the 2009 ColoradoAmerican Marketing AssociationPEAK Award. The PSAs appear on

Economic Recovery

Sharon Knight teachinga Weathering the Storm program

The Our3 Summit, co-hosted by theAssociation, initially presented theWeathering the Storm report. Thesurvey results provided the opportunityfor the Association to gain high visibilityin the media! Most local television,radio and print outlets ran stories.Numerous national press affiliates alsocited data from the report.

To learn how the economic downturnaffected Colorado’s nonprofits since thebeginning of 2009, the Association andCRC administered a second round of thesurvey in November. The new survey’sfindings were released in December, andpublished in the 2009 Update of theWeathering the Storm report.

Key findings from the report updateinclude:

� Nearly 65 percent of nonprofits saidthat a major funder reduced oreliminated their support due to theeconomy.

� Collaborating more, 39.6 percent ofnonprofits shared expenses and costsand 46.8 percent built relationshipsaround program delivery.

� Reducing expenses, 28.5 percent ofnonprofits cut back or eliminatedprograms, 21.2 percent cut staff pay orhours and 15.9 percent laid off staff.

� Urban organizations experiencedgreater increase in demand forservices.

� A higher percentage of arts and culturenonprofits reported experiencingchronic financial problems comparedto other groups.

The Association’s efforts in providinginformation about ARRA funding alsoincluded creating and maintaining aRecovery Act website. The site initiallycontained information and resourcesabout federal stimulus opportunitiesunder the categories of workforce, newenergy economy, health care, education,

Kids in Need of Dentistry

11

The Colorado NonprofitAssociation prevailed to the meetthe challenges of the downturned

economy and maintained pursuit toassist nonprofits during the economicrecession in 2009. With our proactiveresponse, we offered additionalresources in an effort to helpnonprofits strategically assess thesituation and respond to it. We alsoprovided a variety of venues forpresentation and discussion of issuesarising from the economy. To supportnew programs to help nonprofitsaccess greater opportunities throughthe American Recovery andReinvestment Act (ARRA), theAssociation established the economicrecovery and community outreachcoordinator staff position.

Information and ResourcesThe Association worked in conjunctionwith the Community Resource Center(CRC) in early 2009 to produce asurvey report – Weathering theStorm: Challenges andOpportunities Facing ColoradoNonprofits During Recession – tohighlight the impact of Colorado’seconomy on the demand for programservices as well as the specific skillsneeded to support those programs.The report, sponsored by TheColorado Health Foundation, providedgreater understanding of whatnonprofits faced at the beginning ofthe year, what they had done inresponse to the declining economy,and what they needed in order to bemost successful.

12

family and community, housing, publiclands, and the arts.

In addition, throughout 2009 theAssociation advocated that state andlocal government agencies considernonprofits when designing programswith the new federal dollars; providedinformation sessions around the state;and worked with El Pomar Foundation,area funders and government tofacilitate partnerships for matchinggrants to organizations applyingdirectly for ARRA funded grants.

Venues for Discussionof IssuesIn March, the Association hosted theOur3 Summit with several otherpartners in the Denver Metro area. Theevent provided opportunity to launchnew information about the effects ofthe economy on nonprofits, includedtrainings to strengthen nonprofits’ability to respond to the changingdemands on them, and initiatedcommunications and liaison options forcollaboration between nonprofits.

The Association hosted a RecoveryAct Forum in April to be proactive inbringing nonprofits the informationthey needed to participate more fully inARRA. A full capacity crowd of morethan 300 nonprofit professionalsattended the forum in an overviewdiscussion and eight sessions providingdetailed information about specificprograms featured in ARRA.

Hope House of Colorado

StrengtheningCommunities FundGrantThe U.S. Department ofHealth and Human Servicesawarded the Association a$250,000 StrengtheningCommunities Fund grantfunded through ARRA in lateSeptember, withcomplementary matchinggrants from area funders.Cash match sponsors includedAnschutz Family Foundation,Boettcher Foundation, ElPomar Foundation, and Cityand County of Denver. Thepurpose of this grant is tostrengthen nonprofits andincrease their working andfinancial relationships withgovernment agencies. Duringthe last quarter of the year, theAssociation completed a pre-assessment survey of the state’s nonprofits, and isfocusing activities on regions of the state with higher unemployment rates: Weld, ElPaso, Pueblo, Montezuma, Montrose, Mesa and the San Luis Valley Counties. TheAssociation created curriculum for three new classes offered in the seven regions ofthe state, and worked with government to improve opportunities for nonprofits toparticipate in ARRA grants and contracts. We contracted with the Denver Office ofStrategic Partnerships, who in turn is offering grant related services to nonprofits inthe City and County of Denver.

Weathering the Storm:Challenges and Opportunities Facing Colorado Nonprofits During Recession

2009 Update

Mile High Youth Corps

13

Board of DirectorsRebecca Arno, The Denver Foundation, BoardSecretary

Bruce Atchison, Colorado LieutenantGovernor’s Office

Juan Botello, Graland Country Day School,Board Vice Chair

David DeForest-Stalls, Big Brothers Big Sistersof Colorado

Tom Downey, Timothy & Bernadette MarquezFoundation, Board Chair

Cynthia Evans, retired, University of NorthernColorado Monfort School of Business

Susan France, Bonfils-Stanton Foundation,Past Board Chair

Jane Hansberry, Ph.D., University of ColoradoDenver, School of Public Affairs

Mary Anne Harvey, The Legal Center for PeopleWith Disabilities

Lucille Johnson, The Center for AfricanAmerican Health

Noreen Keleshian, Cancer Support Communityof Colorado

Rich Martinez, Young Americans Center forFinancial Education

Lisa Meacham, Ehrhardt Keefe Steiner &Hottman (EKS&H), Board Treasurer

Frances Owens, Galloway GroupKatherine Peck, Gill FoundationKevin Seggelke, Food Bank of the RockiesTim Walsworth, United Way of Southwest

Colorado

Leadership AdvisoryCommitteeJohn Arigoni, Boys & Girls Club of Metro

DenverKathleen Beatty, University of Colorado Denver,

Graduate School of Public AffairsTillie Bishop, University of Colorado Board of

RegentsJim Chavez, Latin American Educational

FoundationSteve Corder, Kundinger, Corder & Engle, P.C.Jen Darling, The Children’s Hospital FoundationKelly Felice, Center for Nonprofit Studies

Metropolitan State College of DenverJennifer Freeman, Colorado Youth Corp

Association

Andrea Fulton, Denver Art MuseumJean Galloway, Galloway GroupMary Gittings Cronin, retired, The Piton

FoundationGiovanni V. Greco, The Wildlife ExperienceCarol Hedges, Colorado Center on Law and

PolicyDavid Henninger, Bayaud EnterprisesAnn Hinkins, Ehrhardt, Keefe, Steiner &

Hottman, P.C. (EKS&H)Tracy Jenkins Winchester, CoLours TVJean Jones, retired, Girl Scouts of ColoradoDeborah Jordy, Colorado Business Committee

for the ArtsChristine Marquez-Hudson, Mi Casa Resource

Center for WomenLydia McCoy, Colorado Children’s Immunization

CoalitionSue Mohrman, Warren Village, Inc.Carrie H. Nolan, National Multiple Sclerosis

Society, Colorado ChapterJeff Pryor, Anschutz Family FoundationRich Rainaldi, CiviCoreKarla Raines, Corona InsightsKevin Raines, Corona InsightsMike Roque, Denver Office of Strategic

PartnershipsRuth Ann Russell, RetiredEric Sondermann, SE2 Partners, Inc.Tony Tapia, Western Union FoundationKristin Todd, Daniels FundElaine Torres, NEWS4 – CBS TVTracy Ulmer, The Denver PostDixie Van De Flier Davis, Adoption ExchangeAnne Warhover, The Colorado Health

Foundation

Finance and Audit CommitteeJuan Botello, Graland Country Day SchoolJason Everett, Molson CoorsLisa Meacham, Ehrhardt Keefe Steiner &

Hottman (EKS&H), ChairKatie Kramer, Boettcher FoundationRich Martinez, Young Americans Center for

Financial EducationRyan Sells, Ehrhardt Keefe Steiner & Hottman

(EKS&H)Alex Thorne, TIAA CREF

Membership Task ForceRaylene Decatur, Kittleman and AssociatesJudy Garcia Navarro, American Red Cross

Southeast ColoradoDoris Kester, Southern Colorado Community

FoundationJody McNerney, BBVA Compass BankTim Walsworth, United Way of Southwest

ColoradoMatt Wasserman, University of Colorado

Foundation – DenverKathy WegnerOna Wigginton, Denver Art Museum

Public Policy CommitteeRich Audsley, Mile High United WayStephen Block, Denver OptionsEdie A. Busam, Aponte & BusamCarmen Carrillo, Denver Department of Human

ServicesDavid DeForest-Stalls, Big Brothers Big Sisters

of ColoradoTom Downey, Timothy & Bernadette Marquez

FoundationLon Erwin, Community Foundation Serving

Southwest ColoradoDeb Federspiel, The Children’s HospitalAmanda Foster, Qwest CommunicationsJane Hansberry, Ph.D., University of Colorado

Denver, School of Public AffairsMary Anne Harvey, The Legal Center for People

With Disabilities and Older PeopleNoreen Keleshian, Cancer Support Community

of ColoradoToni Larson, Independent Higher Education of

ColoradoCami Learned, CCB PartnersLorez Meinhold, Colorado Health FoundationGlenna Norvelle, Denver Kids, Inc.Marijo Rymer, The Arc of ColoradoKen Santistevan, Denver Public SchoolsJeremy Schupbach, AllianceKristin H. Todd, Daniels FundRandy Weeks, Denver Center for the Performing

ArtsRichard Westfall, Hale WestfallBrad Young, RX Plus Pharmacies

2009 Board, Committeesand Volunteer Leadership

Denver Art Museum

Clíníca Tepeyac

Colorado Generosity ProjectPublic Promotions Task ForceJohn Arigoni, Boys and Girls Club of Metro

DenverRebecca Arno, The Denver FoundationEllen BrilliantKecia Carroll, KC RobergLeanna Clark, IMA Financial GroupPeter Droege, Daniels FundPecanne Eby, Brand MentoringPatricia Everett, The Gill FoundationSusan France, Bonfils-Stanton FoundationAndrea Fulton, Denver Art MuseumMike Jackson, Community First FoundationPhil Nash, Rose Community FoundationEric Sondermann, SE2 PartnersRobert Thompson, Mile High United WayElaine Torres, NEWS4 – CBS TVSarah Vermillion, First Nations Development

Institute

Regional Advisory CouncilsMetro Denver RegionRich Audsley, Mile High United WayCheryl Haggstrom, Community First FoundationLaura Kinder, The Volunteer Connection of

Boulder CountyAlyssa Kopf, Community Shares of ColoradoStacy Lewis, Stacy Lewis and AssociatesGary Renville, Metro Volunteers, then Hands

On NetworkGreta Walker, Denver Rescue MissionJesse F. Wolff, Kempe FoundationNortheast RegionSara Allen, Consumer Credit Counseling

Service of Northern Colorado & SoutheastWyoming

Eric Berglund, Northern Colorado EconomicDevelopment Corporation

Ray Caraway, Community Foundation ofNorthern Colorado

Cynthia Evans, retired, University of NorthernColorado Monfort School of Business

Wendy Iishi, Bas Bleu TheaterJudy Knapp, Community Foundation Serving

Greeley and Weld CountyGordan Thibedeau, United Way of Larimer

County, Inc.Jeannine Truswell, United Way of Weld County

Northwest RegionPenny Cowden, St. Mary’s Hospital FoundationPaul Major, Telluride FoundationJudy Riessen, Montrose Youth & Community

FoundationIllene Roggensack, Third Sector ConsultingMike Stahl, Hilltop Community ResourcesAnne Wenzel, Western Colorado Community

Foundation

Southeast RegionAndrea Aragon, United Way of Pueblo CountyMidori Clark, Pueblo City – County LibraryTeri Erickson, Otero Junior CollegeJanet Fieldman, Pueblo Community Health

Center FoundationMary Gunn, David and

Lucile PackardFoundation

Judi Ivan, Pueblo CountyGovernment

Doris Kester, SouthernColorado CommunityFoundation

Mary Lou Makepeace,Gay and Lesbian Fundfor Colorado

Fran McClave, PuebloCounty Government

Dena Sue Potestio,Colorado StateUniversity – Pueblo

Rod Slyhoff, PuebloChamber ofCommerce

Wynona Sullivan, TheWomen’s Foundationof Colorado Board

Cora Zaletel, ColoradoState University –Pueblo

Southwest RegionJeannie Bennett, La Plata

Electric AssociationPaulette Church,

Durango AdultEducation Center, Inc.

Margie Deane Gray, FortLewis CollegeFoundation

Lon Erwin, CommunityFoundation ServingSouthwest Colorado

Karen Hoskin, The Silverton Family CenterJulie Jessen, Town of Pagosa SpringsSusan Lander, Music in the MountainsJulie Levy, Region 9 Economic Development

DistrictJack Llewellyn, Durango Chamber of Commerce

Sheri Rochford, Durango Foundation forEducational Excellence

Tom Steen, Archuleta County Education CenterTim Walsworth, United Way of Southwest

Colorado

Safety CommitteeStephanie Dreiling, Colorado I Have a DreamJean Garrison, St. Francis CenterMisty Howell, Regional Air Quality ControlMarty Kennedy, Special Olympics ColoradoKrisandra Panting, Dominican SistersCynthia Wadle, Anchor Center for Blind

Children

2009 Board, Committeesand Volunteer Leadership (continued)

Canyon Concert Ballet

Safehouse Progressive Alliancefor Nonviolence

14

15

Highlights from theConsolidated Report� Contributions receivabledecreased from $212,185in 2008 to $160,500 in2009, primarily due toreceipt of time restrictedcontributions related tothe general operating.

� Membership dues incomedecreased from $453,504in 2008 to $444,959 in2009, primarily due tothe timing of membershiprenewals and the loss of asmall number oforganizations.

� Accounts payable decreased from$149,606 in 2008 to $33,015 in 2009.The decrease is due to a refinement ofnormal operating procedures byallowing payment to vendors in a timelymanner.

� Nonprofit Resources, Inc. had a netloss of $30,598 for the year, resultingfrom a decline in policies fromnonprofits affected by the weakenedeconomy.

Key not-for-profit ratios for the ColoradoNonprofit Association (only):

� Administration and Fundraisingcompared to total revenue in2009: $308,229 / $1,288,344 =24%

� Administration alone compared tototal revenue in 2008: $330,165 /$1,435,362 = 23%

(Overhead spending of less than 25percent of total spending is consideredacceptable.)

Highlights from theUnconsolidated ReportWhile the Colorado NonprofitAssociation is a membershiporganization, 32 percent of its revenues

is attributable to membership dues.Thirty-three percent is obtained asearned income resulting from training,conferences and special programs.Thirty-five percent of 2009 revenuescame from public sources. TheAssociation’s long-term goal is todistribute income generation across theserevenue sources, which have been nearlyaccomplished, and to continue fundingstrategies.

Seventy-six percent of expenditures wentto program services, 22 percent toadministrative and two percent tofundraising expenses – even as theAssociation increased its leadership rolein speaking on behalf of and advocatingfor the sector.

Administration 22%

Fundraising2%

Program Service 76%

Expenditures by FunctionExxpenditures by Functionby Function

Administration

F

on

Fundraising2%

ram Service goPr76%

e

Membership Dues32%

Program Service Revenue

32%

Public Support35%

Other-1%

2009 Income by Type!2009 In ypeTTypencome by e

Publlic S t3

Ot1

Memher%

mbership Dues32%

ram SgoPrenRev

32%

Serviceue

%

$0

$500,000

$1,000,000

$1,500,000

$2,000,000

2003 2004 2005 2006 2007 2008 2009

Growth in Revenue vs. Growth in Program Service Expense!

Program Service Expense

Total Revenue $1 500 000

$2,000,000

wGrowth in Revenue vs. wth in Program SerGros. vice Expenam Ser nse

$500,000

$1,000,000

$1,500,000

$022003 2004 2005 2006 2007 2008 2009

2009 Financial Reporting(January 1–December 31, 2009)

16

The Colorado Nonprofit Association demonstrated sound fiscal management and accountability measures in 2009, asshown in the audit completed in May 2010 by Kundinger, Corder & Engle, PC. The financial statements shown areconsolidating statements that represent the Colorado Nonprofit Association, Citizen Action for Colorado Nonprofits

(the Association’s 501(c)(4) arm), and Nonprofit Resources, Inc. (the for-profit insurance agency owned by the Association).

Colorado Nonprofit AssociationSchedule – Consolidating Statement of ActivitiesYear Ended December 31, 2009

Colorado Nonprofit Association

TemporarilyUnrestricted Restricted________________ ________________

Revenues, gains and support:Contributions and grants $ 186,564 209,391Colorado Nonprofit Week 59,158 27,500Seminars and workshops 93,170 –Memberships 444,959 –Conferences 163,010 9,500Publication sales 15,787 –Advertising and mailing lists 24,487 –Commissions, royalities and fees for services 165,198 –Equity in subsidiary net income -30,598 –Interest income and other 14,255 –Net assets released from restrictions 267,590 -267,590________________ ________________

Total revenues, gains and support 1,395,839 -21,199________________ ________________

Expenditures:Program services:Colorado Nonprofit Week 99,260 –Education programs 156,901 –Member services 206,205 –Conferences 130,869 –Nonprofit advocacy 342,217 –Strengthening Communities Fund 44,663 –Insurance services – – – 5________________ ________________Total program services 980,115 –________________ ________________

Supporting activities:Management and general 277,836 –Fundraising 30,393 –________________ ________________Total supporting activities 308,229 –________________ ________________Total expenditures 1,288,344 –________________ ________________

Change in net assets 107,495 -21,199

Net assets at beginning of year 942,355 245,185Less dividend declared – – – -________________ ________________

Net assets at end of year $ 1,049,850 223,986________________ ________________________________ ________________The complete Colorado Nonprofit Association 2009 Audit is available at www.ColoradoNonprofits.org/about.cfm.

2009 Financial Reporting(January 1–December 31, 2009)

17

Citizen Action Nonprofit Totalfor Nonprofits Resources, Inc

TemporarilyUnrestricted Unrestricted Eliminations Unrestricted Restricted________________ ________________ ________________ ________________ ________________

– – – 186,564 209,391– – – 59,158 27,500– – – 93,170 –– – – 444,959 –– – – 163,010 9,500– – – 8,046 –– – – 24,487 –– 805,139 – 970,337 –– – 30,598 – –

I – 858 – 15,113 –– – – 267,5905 -267,590________________ ________________ ________________ ________________ ________________– 805,997 30,598 2,232,434 -21,199________________ ________________ ________________ ________________ ________________

– – – 99,260 –– – – 156,901 –– – – 206,205 –– – – 130,869 –– – – 342,217 –– – – 44,663 –– 555,226 – 555,226 –________________ ________________ ________________ ________________ ________________– 555,226 – 1,535,341 –________________ ________________ ________________ ________________ ________________

3 281,369 – 559,208 –– – – 30,393 –________________ ________________ ________________ ________________ ________________3 281,369 – 589,601 –________________ ________________ ________________ ________________ ________________3 836,595 – 2,124,942 –________________ ________________ ________________ ________________ ________________

-3 -30,598 30,598 107,492 -21,199

136 220,387 -220,387 942,491 245,185– -10,000 10,000 – –________________ ________________ ________________ ________________ ________________

133 179,789 -179,789 1,049,983 223,986________________ ________________ ________________ ________________ ________________________________ ________________ ________________ ________________ ________________

The Children's Museumof Denver

18

Audited Financial Statements (continued)

Colorado Citizen Action NonprofitNonprofit for Colorado Resources,Association Nonprofits Inc. Eliminations Total_____________ _____________ _____________ _____________ _____________

Assets:Cash and cash equivalents $ 1,064,636 133 98,384 – 1,163,153Accounts receivable, net 51,186 – 96,037 – 147,223Contributions receivable 160,500 – – – 160,500Prepaid expenses and other 53,291 – 8,490 – 61,781Publications inventory 7,355 – – – 7,355Investment in Nonprofit Resources, Inc. 179,789 – – -179,789 –Insurance premium escrow – – 378 – 378Property and equipment, net 26,876 – 11,012 – 37,888Funds held in trust for others – – 25,016 – 25,016_____________ _____________ _____________ _____________ _____________Total assets $ 1,543,633 133 239,317 -179,789 1,603,294_____________ _____________ _____________ _____________ __________________________ _____________ _____________ _____________ _____________

Liabilities and Net Assets:Accounts payable $ 17,029 – 15,986 – 33,015Accrued expenses 56,285 – 18,526 – 74,811Deferred revenue 196,483 – – – 196,483Deferred compensation liability – – 25,016 – 25,0169_____________ _____________ _____________ _____________ _____________Total Liabilities 269,797 – 59,528 – 329,325_____________ _____________ _____________ _____________ _____________

Common stock – – 100 -100 –Retained earnings – – 179,689 -179,689 –Net assets:Unrestricted:Undesignated 437,740 133 – – 437,873Designated 612,110 – – – 612,110_____________ _____________ _____________ _____________ _____________Total unrestricted net assets 1,049,850 133 179,789 -179,789 1,049,983

Temporarily restricted 223,986 – – – 223,986_____________ _____________ _____________ _____________ _____________Total net assets 1,273,836 133 179,789 -179,789 1,273,969_____________ _____________ _____________ _____________ _____________

Total Liabilities and Net Assets $ 1,543,633 133 239,317 -179,789 1,603,294_____________ _____________ _____________ _____________ __________________________ _____________ _____________ _____________ _____________

The complete Colorado Nonprofit Association 2009 Audit is available at www.ColoradoNonprofits.org/about.cfm.

Colorado Nonprofit AssociationSchedule – Consolidating Statement of Financial Position InformationDecember 31, 2009

19

Major SupportersThe following contributors, all of whomhave demonstrated a steadfastcommitment to Colorado’s nonprofitsector, provided multi-year or multi-usegrants to the Colorado NonprofitAssociation in 2009. Their generosity isalso acknowledged below under specificprograms and events supported.

Anschutz Family FoundationBoettcher FoundationBonfils-Stanton FoundationThe Colorado Health FoundationThe Colorado TrustDaniels FundThe Denver FoundationEl Pomar FoundationKaiser PermanentePinnacol AssuranceRose Community FoundationU.S. Bank

General Operating SupportBonfils-Stanton FoundationThe Colorado Health FoundationDaniels FundThe Denver FoundationEl Pomar FoundationGay and Lesbian Fund for ColoradoHolme Roberts & Owen, LLPKaiser PermanenteRose Community FoundationSchlessman Family FoundationTemple Hoyne Buell Foundation

Colorado Generosity ProjectCBS Channel 4Comcast

Economic Recovery and CivicEngagementAdministration for Children and FamiliesAnschutz Family FoundationBallantine Family FoundationBoettcher FoundationBohemian FoundationCity and County of DenverWomen’s Foundation of Colorado

Event Sponsors and DonorsFall Conference and ExhibitionPresenting SponsorsThe Denver Foundation

Platinum SponsorsThe Marquez Fund

Media SponsorDenver Business JournalDenver Post Community

Gold SponsorsGay & Lesbian Fund for ColoradoPinnacol AssuranceQwest

Track SponsorCompass Bank

Silver SponsorsThe Colorado TrustKaiser PermanenteMile High United WayMountain States Employers CouncilUniversity of Colorado – School of Public

AffairsWells Fargo Bank

Bronze SponsorsColorado Business BankThe Colorado Health FoundationColorado Housing and Finance AuthorityCOPICJunior League

Copper SponsorDavid and Lucile Packard Foundation

Colorado Nonprofit Week AwardsLuncheonAwards SponsorBoettcher FoundationThe Denver Foundation

Media SponsorDenver Post Community

Platinum SponsorCorona Insights

Gold SponsorRose Community Foundation

Silver SponsorsThe Colorado TrustDaniels FundPinnacol Assurance

Bronze SponsorsColorado Housing and Finance AuthorityColorado State Bank and TrustEhrhardt Keefe Steiner & Hottman, PC (EKS&H)Junior League of DenverPismo Glass

Copper SponsorBKD, LLPKundinger, Corder, & Engle, PC

Leadership Luncheon SeriesBonfils-Stanton FoundationThe Colorado Health FoundationCorona InsightsLeighty Family FoundationPinnacol AssuranceU.S. Bank

Premium LevelBusiness MembersGroup, LLCSaltzman Anton Collins Mitchell, LLPCause PlanetCBIZ & Mayer Hoffman McCann, P.C.ComcastCorona InsightsDenver Hispanic Chamber of CommerceGiftWorksOffice DepotPeck, Shaffer & Williams, LLPRoecker Consulting Hamma Nelson Massaro,

LLPTerra FirmaTIAA CREFXcel Energy

Individual DonorsRebecca ArnoBruce AtchisonJuan BotelloDavid Deforest-StallsTom DowneyCynthia EvansRenny FaganSusan FranceJennifer FreemanJane HansberryMary Anne HarveyBetsy JansenLucille JohnsonNoreen Keleshian and Roger MooreRich MartinezLisa MeachamFrances OwensKatherine PeckPatricia Read and William ShunkCharley ShimanskiKristin ToddTim Walsworth

2009 Donors and Sponsors

Amiguitos

20

Selling Insurance.Protecting Nonprofits.

Nonprofit Resources is the onlyinsurance brokerage in Coloradodedicated exclusively to

understanding and meeting the needs ofnonprofit organizations. This makes themthe best insurance coverage for yournonprofit. A wholly-owned, for-profitsubsidiary of the Colorado NonprofitAssociation, the agency has servedColorado’s nonprofit sector for 14 years.The full-service insurance agency wasinitiated to benefit Colorado NonprofitAssociation members – giving them aplace to access insurance products thatare sometimes difficult to obtain in thetraditional insurance marketplaces. The

company’s unique design allows it toprovide protection to Colorado’snonprofits while providing financialsupport to the Colorado NonprofitAssociation programs.

Nonprofit Resources provides a full arrayof insurance products essential tononprofits, some of which include:

� General liability

� Directors & Officers liability

� Property

� Workers’ Compensation

� Employee benefit products – health,dental, vision, life and disability plans

� Unemployment Compensation Trust

Individual InsuranceNonprofit Resources achieved manyaccomplishments in 2009. Continuing torespond to the nonprofit community’sneed for more benefits for employees,the agency added individual homeownersand auto insurance, and an onlinequoting system for individual identitytheft coverage. Colorado NonprofitAssociation member employees canreceive a group discount of up to 10

percent off Liberty Mutual’s alreadycompetitive auto, home and renters’insurance. Association memberemployees can obtain quotes forindividual identity theft coverage throughID Theft Assist. Individual healthinsurance is still available for employeesof nonprofit organizations who havedifficulty accessing group health benefits.More information about these benefits isavailable at www.NpResources.org.

Raising Awareness to HelpProtect Your Organization, YourEmployees, Your Volunteersand Your MissionRaising awareness of the agencycontinues to be the goal as NonprofitResources is one of the primary benefitsavailable to Colorado NonprofitAssociation members. Together, the staffrepresents more than 60 years ofexperience and pays solid attention toeach client to help choose the bestcoverage to protect each uniquenonprofit. The agency continued toenhance its website, making it moreinformative for visitors.

The Association’s annual Fall Conference& Exhibition remains one of NonprofitResources’ most important educationaland networking events. It providesagency staff members the opportunityto meet potential clients and toconverse with current ones about waysto protect their organizations now andin the future.

Nonprofit insurance is NonprofitResources’ specialty and we are thenonprofit experts, making our agencythe leading source for the best policiesfor nonprofits.

Nonprofit Resources

Selling Insurance Protecting Nonprofits

NonprofitRESOURCES

455 Sherman Street, Suite 207, Denver, CO 80203

(303) 894-0161 fax www.NpResources.org

MissionWe genuinely care about the important work of the Coloradononprofit community by meeting the unique insurance needs ofnonprofit organizations. We consistently deliver on this promiseby selling top-quality insurance products. By providing productknowledge expertise and market insight, and by offering thehighest quality customer service.

Betsy Jansen

21

Staff

Renny Fagan, President and CEO,ext. 201, rfagan@ColoradoNonprofits.org

Sharon Knight, Vice President and Chief Operating Officer,ext. 205, sknight@ColoradoNonprofits.org

Rebekah Glatt, Executive Assistant andMembership Coordinator,ext. 219, rglatt@ColoradoNonprofits.org

Jeannie Nims, Director of Finance and Operations,ext. 213, jnims@ColoradoNonprofits.org

Richard Peterson, Economic Recoveryand Community Outreach Coordinator,ext. 217, rpeterson@ColoradoNonprofits.org

Sharon Prueitt, Program Resources and Accounting Specialist,ext. 218, sprueitt@ColoradoNonprofits.org

Sara Raab, Manager of Events and Special Projects,ext. 255, sara@ColoradoNonprofits.org

Gerry Rasel, Manager of Membership Services,ext. 202, grasel@ColoradoNonprofits.org

Erin Spletzer, Communications Coordinator,ext. 215, espletzer@ColoradoNonprofits.org

Sarah Stockton, Manager of Educationand Leadership Development,ext. 204, sstockton@ColoradoNonprofits.org

Mark Turner, Manager of Public Policy,ext. 203, mturner@ColoradoNonprofits.org

The mission of the Colorado Nonprofit Association is to lead,serve and strengthen Colorado nonprofit organizations.

Betsy Jansen, Chief Executive Officer,ext. 209, bjansen@NpResources.org

Lew Bakkemo, Receptionist,ext. 200, lbakkemo@NpResources.org

Nicole Hetzer, Finance and Office Manager,ext. 212, nhetzer@NpResources.org

Isidro Jimenez, Account Manager–Benefits,ext. 208, ijimenez@NpResources.org

Sue Koster, Insurance Consultant–Property/Casualty,ext. 210, skoster@NpResources.org

Natalie Nunez, Customer Service Representative–Benefits,ext 211, nnunez@NpResources.org

Leticia Ortiz, Account Manager–Property/Casualty,ext. 214, lortiz@NpResources.org

JJ Wilson, Account Manager–Property/Casualty,jwilson@NpResources.org

Lisa Zuniga, Customer Service–Property/Casualty,ext. 207, lzuniga@NpResources.org

Nonprofit Resources, Inc is the leading provider of insurancecoverage for nonprofit organizations and their employees inColorado.

455 Sherman Street, Suite 207, Denver, CO 80203

(303) 832-5710 / (800) 333-6554 (303) 894-0161 fax

www.ColoradoNonprofits.org

(clockwise from upper left):Community Reach Center,International Hearing Dog,Saint John's Cathedral,YMCA of the Rockies,Alzheimer's Association

Colorado Chapter