A Precious Child INC

Tax-deductible

Westminster, CO501(c)(3)Since 2008Human ServicesEIN 26-3349334Revenue $15.9M in FY2024

On file with the IRSapreciouschild.org7051 W 118th Ave, 80020-6943 · Westminster, COTax-exempt since Apr 2009Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

A Precious Child empowers children in need to achieve their full potential.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Run by 5,010 volunteers and 60 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $165K a year · 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$700K
to officers and key staff · 4% of spending
Top officer’s pay higher than 81% of similar orgs
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $108K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$4.5M
41% of total assets
Looks good: liabilities are 41% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$15.9M
+4% vs prior year
Spent
$16.8M
To programs
88%
Net assets
$6.5M
By yearFY2020–FY2024
Revenue
$15.9M
FY2024▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$11.7M
FY2021$12.1M
FY2022$20.2M
FY2023$15.3M
FY2024$15.9M
Expenses
$16.8M
FY2024▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$11.3M
FY2021$12.3M
FY2022$19.5M
FY2023$16.2M
FY2024$16.8M
Net assets
$6.5M
FY2024▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.7M
FY2021$6.5M
FY2022$8.1M
FY2023$7.2M
FY2024$6.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $14.7M Management & general 5% · $834K Fundraising 8% · $1.3M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

10 people listed on the 990; $700K paid to officers and key staff.

Part VII, Section A · reportable compensation
Co-CEO & Founder (thru 03/24)
$330,824Pt VII · Sec A
CEO & President
$149,615Pt VII · Sec A
Chief Philanthropy Officer
$136,526Pt VII · Sec A
VP of Finance
$83,247Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

Carina Martin’s $331K as Co-CEO & Founder (thru 03/24) is at the 81st percentile of top reported officer pay among 3122 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Carina Martin$330,824$129,626$132,689$96,754$95,500
Eric Gleason$149,615$122,769———
Michael Painter$136,526$125,204$104,962—$103,024
James Anthony$83,247$83,711$92,234——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See A Precious Child INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowering children in need to reach their full potential.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $13.3M · in their own filed words · FY2024
01

The empowerment resource center provides clothing, coats, shoes, food, toiletries, home goods, and other essentials to children and their families struggling with poverty or emergency situations through our main resource center and 50 satellite resource centers across the denver metro area.

$11.9Mprogram expense
02

Fill a backpack program provides backpacks filled with grade-appropriate school supplies to children in need to maximize their academic potential. In 2024, fill a backpack provided backpacks to 12,672 children in need.

$1.1Mprogram expense
03

Givesports provides new and gently-used sports equipment along with support for sports program costs associated with registration, uniforms, camp, and participation fees to children in need, giving them the opportunity to participate in sports.

$251Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 6 funders →
Grants paid · 18 grants · $815K · 2020–2024
Unitemized GrantFY2024$58,499
Unitemized GrantFY2024$49,112
Unitemized GrantFY2024$26,207
Unitemized GrantFY2024$8,238
Unitemized GrantFY2023$127,477
Unitemized GrantFY2023$35,531
Unitemized GrantFY2023$22,374
Unitemized GrantFY2023$2,356
Unitemized GrantFY2022$409,202
Unitemized GrantFY2022$31,774
Unitemized GrantFY2022$7,167
Unitemized GrantFY2022$2,902
Unitemized GrantFY2021$16,508
Unitemized GrantFY2021$5,285
Unitemized GrantFY2021$704
Unitemized GrantFY2020$4,905
Unitemized GrantFY2020$4,491
Unitemized GrantFY2020$2,580

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$15.9M
Ln 12
Gifts and grantsLn 1h$15.3M
Investment incomeLn 3$564K
Other incomeLn 4–11$56K
Money outPt IX
$16.8M
Ln 25
Programscol B$14.7M
Managementcol C$834K
Fundraisingcol D$1.3M
Owns and owesPt X
$6.5M
net assets · Ln 32
Cash and savingsLn 1–2$4.2M
Total assetsLn 16$11.0M
LiabilitiesLn 26$4.5M
PeoplePt VI, VII
10
listed · VII A
PaidVII A4
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$15.3M
Government grantsLn 1e$872K
Noncash giftsLn 1g$10.7M
Fundraising eventsLn 1c$140K
Investment incomeLn 3$564K
Other incomeLn 4–11$56K
Gains on assetsLn 7$522K
Total revenueLn 12$15.9M
Assets in detailPt X, end of year
CashLn 1$346K
SavingsLn 2$3.9M
Cash and savings togetherLn 1–2$4.2M
InvestmentsLn 11–13$68K
Land, buildings, equipmentLn 10c$4.8M
Other assetsLn 15$19K
Total assetsLn 16$11.0M
LiabilitiesLn 26$4.5M
Net assetsLn 32$6.5M
OperationsPt I, VI
EmployeesI 560
VolunteersI 65,010
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$3.4M$4.2M
InvestmentsLn 11–13$58K$68K
Land, buildings, equipmentLn 10c$6.3M$4.8M
Total assetsLn 16$12.1M$11.0M
LiabilitiesLn 26$4.8M$4.5M
Net assetsLn 32$7.2M$6.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$11.2M$11.2M
Pay of current officers, directors and key staffLn 5$573K$332K$84K$156K
Other salaries and wagesLn 7$2.5M$1.4M$365K$678K
Pension plan contributionsLn 8$20K$12K$4K$5K
Other employee benefitsLn 9$131K$106K$7K$18K
Payroll taxesLn 10$263K$162K$40K$61K
Accounting feesLn 11c$16K$10K$2K$4K
Other fees for servicesLn 11g$308K$115K$176K$18K
Advertising and promotionLn 12$139K$115K$7K$18K
Office expensesLn 13$146K$61K$52K$34K
Information technologyLn 14$137K$46K$20K$72K
OccupancyLn 16$195K$148K$15K$31K
TravelLn 17$17K$3K$340$14K
Conferences, conventions and meetingsLn 19$290$290
InterestLn 20$172K$149K$16K$6K
Depreciation, depletion and amortizationLn 22$179K$154K$9K$16K
InsuranceLn 23$60K$54K$3K$3K
Other expenses (24a–d)Ln 24$599K$500K$19K$79K
All other expensesLn 24e$91K$31K$15K$45K
Total functional expensesLn 25$16.8M$14.7M$834K$1.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $15.9M$16.8M−$837K$6.5M 990 PDF
FY2023 $15.3M$16.2M−$915K$7.2M 990 PDF
FY2022 $20.2M$19.5M$753K$8.1M 990 PDF
FY2021 $12.1M$12.3M−$238K$6.5M 990 PDF
FY2020 $11.7M$11.3M$412K$6.7M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $15,927,172 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $15,118,918$15,306,721
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $43,523$563,999
I-11 Other revenuePrior year $133,853$56,452
I-12 Total revenuePrior year $15,296,294$15,927,172
I-13 Grants and similar amounts paidPrior year $10,379,517$11,246,254
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,513,104$3,458,118
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,318,868$2,060,052
I-18 Total expensesPrior year $16,211,489$16,764,424
I-19 Revenue less expensesPrior year −$915,195−$837,252
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $15,927,172 across 10 lines filed
Lines not itemized here account for $17,046 of total revenue; see the IRS return.
VIII-1c Fundraising events$139,818
VIII-1e Government grants$872,340
VIII-1f All other contributions, gifts and grants$14,294,563
VIII-1g Noncash contributions (included above)$10,724,417
VIII-1h Total contributions, gifts and grants$15,306,721
VIII-3 Investment incomeExcluded from tax $41,650$41,650
VIII-7 Net gain or loss on sales of assetsExcluded from tax $522,349$522,349
VIII-8 Net income from fundraising eventsExcluded from tax −$49,707−$49,707
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $89,113$89,113
VIII-12 Total revenueRelated to mission $2,909 · Unrelated business $0 · Excluded from tax $617,542$15,927,172
Part IX · Statement of functional expenses $16,764,424 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $11,246,254$11,246,254
IX-5 Pay of current officers, directors and key staffPrograms $331,868 · Management $84,349 · Fundraising $156,392$572,609
IX-7 Other salaries and wagesPrograms $1,427,295 · Management $364,954 · Fundraising $678,351$2,470,600
IX-8 Pension plan contributionsPrograms $11,865 · Management $3,866 · Fundraising $4,653$20,384
IX-9 Other employee benefitsPrograms $105,986 · Management $7,366 · Fundraising $18,022$131,374
IX-10 Payroll taxesPrograms $162,192 · Management $39,719 · Fundraising $61,240$263,151
IX-11c Accounting feesPrograms $9,695 · Management $2,302 · Fundraising $3,922$15,919
IX-11g Other fees for servicesPrograms $114,998 · Management $175,990 · Fundraising $17,500$308,488
IX-12 Advertising and promotionPrograms $114,528 · Management $6,787 · Fundraising $17,997$139,312
IX-13 Office expensesPrograms $60,667 · Management $51,887 · Fundraising $33,635$146,189
IX-14 Information technologyPrograms $45,549 · Management $19,653 · Fundraising $72,130$137,332
IX-16 OccupancyPrograms $148,063 · Management $15,435 · Fundraising $31,083$194,581
IX-17 TravelPrograms $2,986 · Management $340 · Fundraising $13,527$16,853
IX-19 Conferences, conventions and meetingsPrograms $290$290
IX-20 InterestPrograms $149,408 · Management $16,403 · Fundraising $6,380$172,191
IX-22 Depreciation, depletion and amortizationPrograms $154,194 · Management $8,826 · Fundraising $16,353$179,373
IX-23 InsurancePrograms $54,204 · Management $2,567 · Fundraising $3,212$59,983
IX-24 Other expenses (24a–d)Programs $500,459 · Management $19,414 · Fundraising $78,848$598,721
IX-24e All other expensesPrograms $31,137 · Management $14,528 · Fundraising $45,155$90,820
IX-25 Total functional expensesPrograms $14,671,638 · Management $834,386 · Fundraising $1,258,400$16,764,424
Part X · Balance sheet $10,984,322 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $705,218$345,559
X-2 Savings and temporary cash investmentsStart of year $2,693,834$3,887,111
X-3 Pledges and grants receivableStart of year $121,667$247,895
X-8 Inventories for sale or useStart of year $1,926,657$1,514,120
X-9 Prepaid expenses and deferred chargesStart of year $96,834$90,302
X-10c Land, buildings and equipment, netStart of year $6,347,681$4,812,006
X-11 Publicly traded securitiesStart of year $57,687$67,937
X-15 Other assetsStart of year $105,234$19,392
X-16 Total assetsStart of year $12,054,812$10,984,322
X-17 Accounts payable and accrued expensesStart of year $424,179$280,544
X-25 Other liabilitiesStart of year $104,472$20,575
X-26 Total liabilitiesStart of year $4,834,612$4,509,762
X-27 Net assets without donor restrictionsStart of year $6,435,308$5,692,394
X-28 Net assets with donor restrictionsStart of year $784,892$782,166
X-32 Total net assets or fund balancesStart of year $7,220,200$6,474,560
X-33 Total liabilities and net assetsStart of year $12,054,812$10,984,322
Part XI · Reconciliation of net assets $6,474,560 net assets at year end
XI-1 Total revenue$15,927,172
XI-2 Total expenses$16,764,424
XI-3 Revenue less expenses−$837,252
XI-4 Net assets at start of year$7,220,200
XI-5 Net unrealized gains (losses) on investments$91,612
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,474,560

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.