Colorado Artists in Recovery
Connect. Create. CAiR.
Colorado Artists in Recovery
EIN: 84-4216397
as of September 2024
as of September 09, 2024
Mission
Colorado Artists in Recovery (CAiR) utilizes recovery-oriented principles to provide a safe, encouraging, and inclusive environment for people affected by substance use and mental health. Through our workshops and events we nurture their creative expression and help them create meaningful connection.
Ruling year
2020
Executive Director
Darin Valdez
Main address
2953 S Verbena Way
Denver, CO 80231 USA
EIN
84-4216397
Art and music therapy
Arts and culture
Substance abuse prevention
Community mental health care
Population served
Adults
Substance abusers
LGBTQ people
Homeless people
Low-income people
NTEE code
Arts, Cultural Organizations - Multipurpose (A20)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Art, Music, and Meditation Recovery Workshops
Colorado Artists in Recovery (CAiR) utilizes recovery-oriented principles to provide a safe, encouraging, and inclusive environment for people affected by substance use and mental health. Through our workshops and events we nurture their creative expression and help them create meaningful connection.
Where we work
Photos
Videos
Financials
Revenue vs. expenses: breakdown
Liquidity in 2023 info
142.40
Months of cash in 2023 info
6.4
Fringe rate in 2023 info
0%
Funding sources info
Assets & liabilities info
Financial data
Colorado Artists in Recovery
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of Colorado Artists in Recovery’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
| Profitability info | 2023 |
|---|---|
| Unrestricted surplus (deficit) before depreciation | $75,215 |
| As % of expenses | 33.4% |
| Unrestricted surplus (deficit) after depreciation | $75,215 |
| As % of expenses | 33.4% |
| Revenue composition info | |
|---|---|
| Total revenue (unrestricted & restricted) | $300,192 |
| Total revenue, % change over prior year | 0.0% |
| Program services revenue | 0.0% |
| Membership dues | 0.0% |
| Investment income | 0.0% |
| Government grants | 0.0% |
| All other grants and contributions | 100.0% |
| Other revenue | 0.0% |
| Expense composition info | |
|---|---|
| Total expenses before depreciation | $224,977 |
| Total expenses, % change over prior year | 0.0% |
| Personnel | 39.6% |
| Professional fees | 35.7% |
| Occupancy | 7.5% |
| Interest | 0.0% |
| Pass-through | 0.0% |
| All other expenses | 17.2% |
| Full cost components (estimated) info | 2023 |
|---|---|
| Total expenses (after depreciation) | $224,977 |
| One month of savings | $18,748 |
| Debt principal payment | $0 |
| Fixed asset additions | $0 |
| Total full costs (estimated) | $243,725 |
Capital structure indicators
| Liquidity info | 2023 |
|---|---|
| Months of cash | 6.4 |
| Months of cash and investments | 6.4 |
| Months of estimated liquid unrestricted net assets | 6.9 |
| Balance sheet composition info | 2023 |
|---|---|
| Cash | $120,330 |
| Investments | $0 |
| Receivables | $9,536 |
| Gross land, buildings, equipment (LBE) | $0 |
| Accumulated depreciation (as a % of LBE) | 0.0% |
| Liabilities (as a % of assets) | 0.7% |
| Unrestricted net assets | $0 |
| Temporarily restricted net assets | N/A |
| Permanently restricted net assets | N/A |
| Total restricted net assets | $0 |
| Total net assets | $129,704 |
Key data checks
| Key data checks info | 2023 |
|---|---|
| Material data errors | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Executive Director
Darin Valdez
Darin Valdez is a native of Colorado. His sobriety date is Jan 2, 2014. After spending over 7 years of his life homeless on the streets of Denver addicted to meth, he was blessed with the gift of sobriety. After graduating treatment at Sobriety House here in Denver, he became a house manager and Certified Addictions Counselor at the same treatment center that helped him get sober. With the support of a local non-profit, CrossPurpose, he was able to develop his dream of creating a community of supportive artists in recovery. He began to create workshops that focused on tying creativity to recovery. He has since received support from The Caring for Denver Foundation and partnered with many recovery programs throughout the city to continue offering hope through the creative process. He is an inspirational advocate for finding alternative pathways to freedom from homelessness and addiction. See more of his story at https://www.coloradoartistsinrecovery.org/darin-s-story-1
Number of employees
Source: IRS Form 990
Colorado Artists in Recovery
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Colorado Artists in Recovery
Board of directorsas of 01/24/2024
Board of directors data
Rashad Sutton
Aspen Ridge Recovery Center
Term: 2024 - 2026
Brian Tierney
Laura Beth Burkhalter
Wes Hamil
Netanya Lessner
Daniel Thatcher
JK Costello
Isabel Serafin
Anne Taylor
Lelan Harry
Megan Hauschulz
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
No data
Gender identity
No data
Transgender Identity
No data
Sexual orientation
No data
Disability
No data
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