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A Precious Child

Broomfield, CO · EIN 26-3349334 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

A Precious Child reported $15.9 million in revenue and $16.8 million in expenses for calendar year 2024. Of every $100 it spent, $87.52 went to program services, $4.98 to management and general costs and $7.50 to fundraising. Its largest source of revenue was contributions and grants: 96.1% of the total. Government grants made up 5.5%. The highest compensation it reported for one person was $334,924 (CO-CEO & FOUNDER (THRU 03/24)). 3 people received more than $100,000 in reportable compensation. Revenue fell 15% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $17M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $16M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 3,614 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
87.5%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
5.0%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
7.5%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.08$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
96.1%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
5.5%2.4%
Program service revenue share
Part VIII 2g ÷ 12
0.0%70.8%
Highest reported compensation
Part VII-A, columns D–F
$334,924$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.00%1.18%
People paid over $100,000
Part VII, line 2
36
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.66.9
Independent voting board members
Part VI 1a–1b
6 of 6100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$12M expenses · 81.3% of program spending · grants $9.7M

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. In 2024, a value of over $9.8 million in essentials were provided to nearly 40,000 local residents in need

$1.1M expenses · 7.3% of program spending · grants $758K

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

$251K expenses · 1.7% of program spending · grants $104K

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. In 2024, givesports provided opportunity funds, sports equipment and skills camps to 11,498 people in need

$1.4M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CO-CEO & FOUNDER (THRU 03/24)
Officer, 40.00 hrs/week
$330,824$0$4,100$334,924
CEO & PRESIDENT
Officer, 40.00 hrs/week
$149,615$0$2,887$152,502
CHIEF PHILANTHROPY OFFICER
Highest compensated employee, 40.00 hrs/week
$136,526$0$3,361$139,887
VP OF FINANCE
Officer, 40.00 hrs/week
$83,247$0$1,936$85,183

3 people received more than $100,000 in reportable compensation from A Precious Child (Part VII, line 2). Compensation of current officers, directors and key employees totaled $573K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$16M$17M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$16M$17M87.5%$6.5M$334,924
2023 ⓘ$15M$16M88.8%$7.2M$129,626
2022 ⓘ$20M$19M92.7%$8.1M$132,689
2021 ⓘ$12M$12M89.1%$6.5M$96,754
2020 ⓘ$12M$11M91.9%$6.7M$108,876
2019 ⓘ$19M$18M95.3%$6.3M$150,681

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b6 · 6 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 557
  • Volunteers Part I, line 66,900

Private foundation grants it received

37 private foundations reported grants to A Precious Child totaling $388K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from A Precious Child's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for A Precious Child, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All human services charities · Largest charities in Colorado

Questions people ask

How much of A Precious Child's spending goes to programs?

In calendar year 2024, A Precious Child reported that 87.5% of its $16.8 million in expenses went to program services, 5.0% to management and general and 7.5% to fundraising (Form 990, Part IX).

How much does A Precious Child pay its top executive?

The largest total compensation A Precious Child reported for one person in calendar year 2024 was $334,924, for the role of CO-CEO & FOUNDER (THRU 03/24) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does A Precious Child get its money?

Of $15.9 million in revenue in calendar year 2024, 96.1% came from contributions and grants (including 5.5% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is A Precious Child a registered charity?

The IRS lists EIN 26-3349334 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503169349302845 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403189349309605 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333199349311643 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203199349328390 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103139349305180 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202042379349301114 · read the filing

All filings for EIN 26-3349334: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.