Charity Report

  • Issued: August 2024
  • Expires: August 2025

Pikes Peak United Way

Accredited Charity

Meets Standards

719-632-1543

518 N Nevada Ave
Colorado Springs, CO 80903-1106

http://www.ppunitedway.org
Accredited Charity

719-632-1543

518 N Nevada Ave
Colorado Springs, CO 80903-1106

http://www.ppunitedway.org
Accredited Charity

Accredited Charity

Meets Standards

Standards For Charity Accountability

Governance

  1. Board Oversight

    Oversight of Operations and Staff: Standard 1

    Description
    Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fundraising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.

    The organization meets this standard.

  2. Board Size

    Number of Board Members: Standard 2

    Description
    Soliciting organizations shall have a board of directors with a minimum of five voting members.

    The organization meets this standard.

  3. Board Meetings

    Frequency and Attendance of Board Meetings: Standard 3

    Description
    An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

    The organization meets this standard.

  4. Board Compensation

    Compensated Board Members: Standard 4

    Description
    Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.

    The organization meets this standard.

  5. Conflict of Interest

    Conflict of Interest: Standard 5

    Description
    No transaction(s) in which any board or staff members have material conflicting interests with the charity resulting from any relationship or business affiliation. Factors that will be considered when concluding whether or not a related party transaction constitutes a conflict of interest and if such a conflict is material, include, but are not limited to: any arm's length procedures established by the charity; the size of the transaction relative to like expenses of the charity; whether the interested party participated in the board vote on the transaction; if competitive bids were sought and whether the transaction is one-time, recurring or ongoing.

    The organization meets this standard.

Measuring Effectiveness

  1. Effectiveness Policy

    Board Policy on Effectiveness: Standard 6

    Description
    Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

    The organization meets this standard.

  2. Effectiveness Report

    Board Approval of Written Report on Effectiveness: Standard 7

    Description
    Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

    The organization meets this standard.

Finances

  1. Program Expenses

    Program Service Expense Ratio: Standard 8

    Description
    Spend at least 65% of its total expenses on program activities.

    The organization meets this standard.

  2. Fundraising Expenses

    Fundraising Expense Ratio: Standard 9

    Description
    Spending should be no more than 35% of related contributions on fundraising. Related contributions include donations, legacies, and other gifts received as a result of fundraising efforts.

    The organization meets this standard.

  3. Accumulating Funds

    Ending Net Assets: Standard 10

    Description
    Avoid accumulating funds that could be used for current program activities. To meet this standard, the charity's unrestricted net assets available for use should not be more than three times the size of the past year's expenses or three times the size of the current year's budget, whichever is higher.

    The organization meets this standard.

  4. Audit Report

    Financial Statements: Standard 11

    Description
    Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $1 million, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $1 million, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.

    The organization meets this standard.

  5. Detailed Expense Breakdown

    Detailed Functional Breakdown of Expenses: Standard 12

    Description
    Include in the financial statements a breakdown of expenses (e.g., salaries, travel, postage, etc.) that shows what portion of these expenses was allocated to program, fundraising, and administrative activities. If the charity has more than one major program category, the schedule should provide a breakdown for each category.

    The organization meets this standard.

  6. Accurate Expense Reporting

    Accuracy of Expenses in Financial Statements: Standard 13

    Description
    Accurately report the charity's expenses, including any joint cost allocations, in its financial statements. For example, audited or unaudited statements which inaccurately claim zero fundraising expenses or otherwise understate the amount a charity spends on fundraising, and/or overstate the amount it spends on programs will not meet this standard.

    The organization meets this standard.

  7. Budget Plan

    Budget: Standard 14

    Description
    Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fundraising, and administration.

    The organization meets this standard.

Fundraising & Info

  1. Truthful Materials

    Misleading Appeals: Standard 15

    Description
    Have solicitations and informational materials, distributed by any means, that are accurate, truthful and not misleading, both in whole and in part. Appeals that omit a clear description of program(s) for which contributions are sought will not meet this standard. A charity should also be able to substantiate that the timing and nature of its expenditures are in accordance with what is stated, expressed, or implied in the charity's solicitations.

    The organization meets this standard.

  2. Annual Report

    Annual Report: Standard 16

    Description
    Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fundraising and administrative categories as in the financial statements, and (iii) ending net assets.

    The organization meets this standard.

  3. Website Disclosures

    Web Site Disclosures: Standard 17

    Description
    Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.

    The organization meets this standard.

  4. Donor Privacy

    Privacy for Written Appeals & Internet Privacy: Standard 18

    Description
    Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.

    The organization meets this standard.

  5. Cause Marketing Disclosures

    Cause Related Marketing: Standard 19

    Description
    Clearly disclose how the charity benefits from the sale of products or services (i.e., cause-related marketing) that state or imply that a charity will benefit from a consumer sale or transaction. Such promotions should disclose, at the point of solicitation: (a) the actual or anticipated portion of the purchase price that will benefit the charity (e.g., 5 cents will be contributed to abc charity for every xyz company product sold), (b) the duration of the campaign (e.g., the month of October), (c) any maximum or guaranteed minimum contribution amount (e.g., up to a maximum of $200,000).

    The organization meets this standard.

  6. Complaints

    Complaints: Standard 20

    Description
    Respond promptly to and act on complaints brought to its attention by the BBB Wise Giving Alliance and/or local Better Business Bureaus about fundraising practices, privacy policy violations and/or other issues.

    The organization meets this standard.

Conclusion

Pikes Peak United Way meets the 20 Standards for Charity Accountability.

Purpose

  • Year, State Incorporated

    1922, CO

  • Stated Purpose

    To improve the quality of life in our community.


Programs

Pikes Peak United Way is a 501C3 that gives you the power to make real, long-lasting change in El Paso and Teller Counties by addressing the issues that matter the most in people's lives -- education, financial stability and health. It mobilizes people and their expertise to work together with a common agenda and shared measurement, because that's the only way to solve complex community problems. By measuring results, it knows that its efforts are making a real difference for the entire community.Working to prevent people from entering the poverty cycle, Pikes Peak United Way is focused on strategies that ensure that families achieve financial stability and children succeed at school. It invests in 32 programs that provide wrap-around support, are thoroughly vetted and get results! Its partner agencies depend on the support it provides through its Community Investment fund. From July 2018-January 2019, your gifts to the Community Investment fund helped 30,216 people make very real improvements to their lives in the areas of education, financial stability and health!As the community continues to grow it will be there for the working poor, the single mom in crisis, the children who are not ready for kindergarten.Pikes Peak United Way Programs:Pikes Peak United Way Community Investment FundPikes Peak United Way's Community Investment process is a volunteer-driven effort to fund the highest performing programs making measurable improvements in Youth Success and Family Stability. Local nonprofits generally request over $2 million in funding. The need in the community is great and its volunteers had the difficult job of determining how the funds should be allocated. The volunteers spend the month of April visiting each agency that has applied for funding. They review applications and financial records, listen to presentations and ask difficult questions. This process ensures that Pikes Peak United Way is an excellent steward of all donor dollars.2-1-1 Resource and Referral LineEvery year, its 2-1-1 specialists answer more than 30,000 calls to connect people in needwith resources that can help. The free, bilingual, easy-to-remember phone number servesresidents of 12 counties. Trained information specialists staff the hotline from 8am to 5pmMonday through Friday. By directing people to the right resources and preparing them forTheir visit, 2-1-1 promotes higher assistance success and decreases frustrations.Quality of Life Indicators ReportThe Quality of Life Indicators Report for the Pikes Peak region is a multidimensional status report of the key indicators of the community's vitality for all residents. The QLI's goal is to be a reliable and objective source of information over time. The Advisory Committee hopes that it will be used by elected officials, business and community leaders, nonprofit and advocacy groups and individualsto make informed fiscal and policy decisions that will effect positive change.https://www.ppunitedway.org/wp-content/uploads/2018/08/QLI-FULL-REPORT_web.pdfColorado Springs PromiseColorado Springs Promise is a partnership between Pikes Peak United Way, UCCS and Colorado Springs School District 11 to inspire and equip students for a better future through education.The organization knows that by increasing graduation rates and preparing more students for the work-force, it can ensure an even stronger future for Colorado Springs. Hundreds of students are receiving support to help them graduate on time.VITAThrough its Volunteer Income Tax Assistance (VITA) program, Pikes Peak United Way, inPartnership with the Internal Revenue Service (IRS), provides FREE income tax preparationAssistance to individuals and families with a household income of $54,000 a year or less. In addition, VITA helps taxpayers obtain eligible tax credits and valuable deductions such as the Earned Income Tax Credit. In 2018, it helped 1,278 clients file their taxes. Returns totaled $1,917,019. Dozens of volunteers donate months of their time to make this program possible.Dolly Parton Imagination LibraryFor just $30 a year you can change a child's life! Dolly Parton's Imagination Library book gifting program mails a new, age appropriate book to enrolled children every month from birth to five years old. It creates a home library of up to 60 books and instills a love for reading from an early age. Children's books, when paired with positive adult-child interactions, provide a critical foundationfor healthy early childhood development.FEMA Emergency Food and Shelter ProgramThis program provides emergency food and shelter - as well as homelessness prevention for people in need throughout El Paso and Teller Counties. PPUW administers these funds for the Federal Government, managing the local board, the allocations process and follow-up accountability.Emergency ResponsePikes Peak United Way is uniquely equipped to assist the community in an emergency. Partnering with the City and County Offices of Emergency Management, PPUW's 2-1-1 resource and referral lines serve during a disaster as a "back-up," freeing up the 9-1-1 system to focus on true emergency calls. At a moment's notice, PPUW can create a disaster fund to handle the collection of private and public aid funds and the subsequent allocation of those funds, relying on our vast experience and network of community partners.Volunteer EngagementThere are many ways for individuals and companies to volunteer with Pikes Peak United Way:1. Volunteer Income Tax Assistance (VITA)2. Community Investment3. Youth Venture4. Read Across America5. National Volunteer Month6. EPIC Book Drive7. United Way Day of Action8. Back to School Supply Drive9. Seasons of ServiceCommunity Impact Partner AgenciesAtlas PrepBig Brothers Big SistersBoy Scouts of America Pikes Peak CouncilCare and Share*CASA of Pikes Peak RegionCatholic CharitiesCheyenne VillageChildren's Literacy Center*Colorado Springs Conservatory*Colorado Springs Teen CourtCommunity of CaringCourt Care of the Pikes Peak RegionCPCD...Giving Children a Head StartCrossfire Ministries*Diakonia*Dream Centers of Colorado Springs*Early Connections Learning CentersEnergy Resource CenterEnvidaFostering Hope Foundation*Greccio Housing Unlimited, Inc.Griffi th Centers*Homeward Pikes PeakInterfaith Hospitality NetworkIthaka Land TrustLutheran Family Services Rocky MountainsMile High Youth Corps*Mt. Carmel Center of Excellence*Partners in HousingPeak Education*Peak VistaPikes Peak Habitat for HumanityPikes Peak Workforce Center*REACH Pikes Peak*The Salvation ArmySilver Key Senior ServicesTESSAThe Resource ExchangeTri-Lakes CaresUCCS*Urban PeakWestside CARESWomen's Resource Agency*Non-funded Partner Agency

For the year ended June 30, 2023, Pikes Peak United Way program expenses were:

Programs $3,287,998
Program Expenses $3,287,998

Governance & Staff

  • CEO

    Cindy Aubrey, President/CEO

  • Compensation*

    ¤181,694.00

  • Board Chair

    Dan Nordberg, Market President

  • Chair's Profession / Business Affiliation

    Bank of Colorado

  • Board Size

    16

  • Paid Staff Size

    21

Governance

* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.

Fundraising

Method(s) Used:
Direct mail appeals, Invitations to fundraising events, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.).

% of Related Contributions on Fundraising: 9.58%

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.


Financial

The following information is based on Pikes Peak United Way's IRS Form 990 for the fiscal year ending June 30, 2023

Source of Funds
Contributions and Grants $5,672,404
Program Service Revenue $127,070
Investment Income $46,633
Other Revenue $-193,611
Total Income $5,652,496

Breakdown of Expenses

Total Income $5,652,496
Total Expenses: $4,949,230
Program Expenses $3,287,998
Fundraising Expenses $543,379
Administrative Expenses $1,117,853
Other Expenses $0
Income in Excess of Expenses $703,266
Beginning Net Assets $4,801,988
Other Changes In Net Assets $2,591,637
Ending Net Assets $8,096,891
Total Liabilities $2,766,205
Total Assets $10,863,096

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the  Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau ® is a registered service mark of International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.