Ready Colorado FY2023 filing

Denver, CO · Unknown exempt organization

Latest data FY2023
Revenue
$1.5M
▼ -60% vs prior year
Spent
$1.0M
To programs
99%
Net assets
$761K
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).

Status and standing

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — Blue Rising Together
$30K in the latest grant year.
Spent on programs?
99% to programs
Form 990 Part IX, latest filing.
Size and trend
$1–10M
↓ -60% vs prior year
Legal name (IRS)Hdr · item CReady Colorado
EINHdr · item D47-3043818
Exempt statusHdr · item I501(c)(3) · active
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CDenver, CO
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.readycolo.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$1.0M
Management & general1%$7K
Total functional expensesLn 25$1.0M

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$1.5M
FY2023▼ -60%
Expenses
$1.0M
FY2023▼ -71%
Surplus margin
+28%
revenue over expenses, this year
Program spending
99%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$761K
FY2023▲ +113%
Total liabilities
$0
FY2023
Revenue less expensesPt I · Ln 19$403K
Total assetsPt X · Ln 16$761K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$761K
Total assetsLn 16$761K
Total liabilitiesLn 26$0
Total net assetsLn 32$761K
Months of cash on handcomputed8.7

Statement of Revenue

Part VIII
Contributions & grants$1.3M · 90%
Program service revenue$141K · 10%
Contributions & grants90%$1.3M
Program service revenue10%$141K
Total revenueLn 12$1.5M

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $761K · Operating expenses/yr $1.0M
8.7 months
Where the money goes
Program services
Program services $1.0M · Total expenses $1.0M
99%
Management & General
Management & general $7K · Total expenses $1.0M
0.7%
Fundraising
Fundraising $0 · Total expenses $1.0M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $2.2M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.3M · Total revenue $1.5M
90%
Government reliance
Government grants — · Total revenue $1.5M
—
Earned-income share
Program service revenue $141K · Total revenue $1.5M
10%
Investment reliance
Investment income $0 · Total revenue $1.5M
0%
Program self-sufficiency
Program service revenue $141K · Total expenses $1.0M
13%
Growth & trend
Revenue growth (YoY)
This year $1.5M · Prior year $3.6M
-60%
Net-asset trend (YoY)
End of year $761K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.5M · Expenses $1.0M
+28%
Liabilities-to-Assets
Total liabilities — · Total assets $761K
—
Net-asset ratio
Net assets $761K · Total assets $761K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $761K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brenda Dickhoner · Reported title PRESIDENT · Highest reported compensation $136K · Total expenses $1.0M
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $228K · Total expenses $1.0M
22%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%——
Overhead ratio 0.7%——
Fundraising cost ratio 0%——
Revenue growth -60%——
Legal fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$135,631Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Luke Ragland———$95,389$200,400
Brenda Dickhoner$135,971$135,631$117,051$68,842—

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 Ready Colorado executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Advocates for conservative education reforms, promoting school choice and parental control.

Provided by the organization

This section is blank until Ready Colorado claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $1.0M of program spending, described in the organization's own filed words · FY2023.
01

Education policy advocacy in colorado

$1.0Mprogram expense

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Funders

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$30K
Grants paid · 47 grants · $8.1M · 2020–2024
Colorado DawnCO · FY2024$410,000
Protecting Colorado's FutureFY2024$310,000
Coloradians for Accountable GovernmentFY2024$150,000
Ready Colorado Action FundFY2024$150,000
Coloradians for Conservative Leadership IeFY2024$75,000
Purple Label Government SolutionsFY2024$34,600
Senate Majority FundFY2024$13,625
New Day Colorado FundFY2024$7,500
Building Aurora TogetherFY2023$200,000
Ready Colorado Action FundFY2023$130,000
Our Community Our FutureCO · FY2023$100,000
No on HhFY2023$50,000
Senate Majority FundFY2023$7,500
Ready Colorado Action FundFY2022$900,000
See all 47 grants →

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $1.3M$1.9M-9% 990 PDF
FY2023 Viewing $1.5M$1.0M-60% 990 PDF
FY2022 $3.6M$3.6M+71% 990 PDF
FY2021 $2.1M$2.3M-34% 990 PDF
FY2020 $3.2M$3.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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