Overview

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Est.

2014

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

ADELANTE COMMUNITY DEVELOPMENT is a nonprofit organization focused on leadership development and community improvement, primarily serving small business entrepreneurs in Colorado. With an operating budget of $1.7 million and total revenue of $1.9 million for the 2024 filing year, the organization is dedicated to empowering local entrepreneurs through workforce training, business development, and capacity-building initiatives that promote economic mobility and community vitality. ADELANTE does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit their website at adelantecommunity.org.

Mission Statement

ADELANTE EMPOWERS COLORADO SMALL BUSINESS ENTREPRENEURS THROUGH WORKFORCE TRAINING, BUSINESS DEVELOPMENT AND CAPACITY-BUILDING THAT FOSTERS BUSINESS GROWTH, ECONOMIC MOBILITY AND COMMUNITY VITALITY.
Revenues
$1.9M
Expenses
$1.7M
Net Income:
+$198.7K
Assets
$2.7M
Liabilities
$1.1M
Net Assets:
+$1.5M
Operating Budget
$1.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$210K
Largest grant received
$290K
D
Diana Bustillos
Board Member
J
Jimmy Burds
Board Member
G
Gloria Jimenez
Board Member

Frequently Asked Questions

What is ADELANTE COMMUNITY DEVELOPMENT’s budget?
In 2024, ADELANTE COMMUNITY DEVELOPMENT reported an annual operating budget of around $1.7 million. More detailed financial information is available to registered users.
What causes does ADELANTE COMMUNITY DEVELOPMENT support?
ADELANTE COMMUNITY DEVELOPMENT supports work in Community improvement and Leadership development.
Where does ADELANTE COMMUNITY DEVELOPMENT operate?
ADELANTE COMMUNITY DEVELOPMENT is headquartered in Commerce City, CO.
Who funded ADELANTE COMMUNITY DEVELOPMENT recently?
In 2024, ADELANTE COMMUNITY DEVELOPMENT received grants from THE DENVER FOUNDATION, THE COLORADO HEALTH FOUNDATION, and LATINO COMMUNITY FOUNDATION OF COLORADO INC. More information on this organization’s funders is available to registered users.
What is the largest grant ADELANTE COMMUNITY DEVELOPMENT received in 2024?
The largest grant to ADELANTE COMMUNITY DEVELOPMENT in 2024 exceeds $290 thousand.
What is ADELANTE COMMUNITY DEVELOPMENT’s reliance on government grants?
ADELANTE COMMUNITY DEVELOPMENT relied on government grants for more than 65% of their total revenue in 2024.