BBB Charity Review

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BBB Reliability Report for

Community Shares of Colorado

Original Business Start Date: 02/05/1986

A BBB Accredited Charity since 07/14/2004.

This BBB Accredited Charity meets all 20 Standards for Charity Accountability and is a Seal Holder.
BBB issues Charity Reports on all organizations, whether or not they are BBB accredited. If an organization is a BBB Accredited Charity, it is stated in this report.
Name: Community Shares of Colorado
Phone: (303) 861-7507
Fax: (303) 861-8354
Address: 789 Sherman St STE 230
Denver, CO 80203-3530
Report Creation Date: November 17, 2014
Report Expiration Date: November 17, 2016
Original Business Start Date: February 1986
Principal: Alyssa Kopf, CEO
Customer Contact: Alyssa Kopf, CEO
Incorporated: January 1986, CO
Type of Business: Charity - Local, Charity - Community Development & Civic Organizations
BBB Accreditation: This organization is a BBB Accredited Charity.

Stated Purpose

Community Shares of Colorado's mission is to connect Coloradans to the charities and causes they care about most.

Evaluation Conclusions

This organization has been evaluated according to the 20 BBB Standards for Charity Accountability. This organization meets all those Standards and is a BBB Accredited Charity.

BBB Charity Seal Participation

Charities that meet the Standards for Charity Accountability are eligible to participate in BBB Wise Giving Alliance Charity Seal program. The seal, which can be displayed on the charity's web site and in printed materials, helps inform the public that the charity meets these standards. This organization participates in this program.


Community Shares of Colorado works to build a vital and vibrant community by inspiring philanthropy and connecting individuals, nonprofit organizations, foundations, local government, community groups and businesses. Using an incremental giving model through paycheck contributions and monthly electronic funds transfer, Community Shares democratizes philanthropy and offers accessible and efficient giving vehicles to all who wish to make an impact.

Community Shares supports over 100 member agencies engaged in cooperative, collaborative, community change. They reach an annual audience of more than 220,000 employees in over 160 workplace giving campaigns.

Their guiding principals are: Choice in Giving, Local Significance, Membership Diversity, and Financial Clarity. Their primary goals and objectives: (1) Increase charitable giving in Colorado. (2) Promote diverse and inclusive community involvement. (3) Redefine the word "philanthropist" to include all who give. (4) Enhance the long-term sustainability of their member nonprofit organizations.

Total Program Expenses:$1,652,196


Chief Executive Officer:Alyssa Kopf
Chair of the Board:Beth Lyford
Chair's Profession / Business Affiliation:Charlton Investment Service
Board Size:16
Paid Staff Size:6 Full Time. 2 Part Time.

Fund Raising

Method(s) Used:Direct mail, print advertising, fund raising events, grant proposals and internet appeals.

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.


According to Community Shares of Colorado's IRS Form 990 for the year ended June 30, 2013:

 Total Income:$1,934,309
Expenses  % of total
% of total
 Programs:$1,652,196 87.23%85.42%
 Fund Raising:$131,133 6.92%6.78%
 Administrative:$110,652 5.84%5.72%
 Other:$0 0.00%0.00%
 Total Expenses:$1,893,981
Excess of Income over Expenses$40,328
Ending Net Assets:$65,388

* Excess for the year indicates the portion of income remaining after expenses.

Charity Licensing

All charitable organizations soliciting contributions in Colorado -- with a few specific exceptions listed in the Charitable Solicitations Act at 6-16-104(6)(a)-(c), C.R.S. -- must submit an initial registration statement with the Secretary of State and receive a registration number. After the initial registration, annual registration statements must be renewed each year by the 5th day of the fifth month after the close of the organization’s fiscal year. In addition, all solicitation campaigns utilizing paid solicitors as defined at 6-16-103(7), C.R.S. must be listed on separate Solicitation Notices, which should be filed online by the paid solicitor.

An organization may change its practices at any time without notice. Please understand that a BBB report is furnished solely to assist donors in making their own judgment. This report is not to be used for fund raising or promotional purposes. Copyright 2006, BBB.

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Industry Tips

Charitable Giving Tips

Whether charitable organizations use their employees, volunteers or professional fund- raisers to solicit donations by phone, mail, or in person, consider the following precautions to ensure that your donation dollars benefit the people and programs you want to help.

-Ask for written information, including the charity's name, address, and telephone number. A legitimate charity or fund- raiser will give you materials outlining the charity's mission, how your donation will be used, and proof that your contribution is tax deductible.

-Ask for identification. Many states require paid fund-raisers to identify themselves as such and to name the charity for which they're soliciting. If the solicitor refuses, hang up and report it to local law enforcement officials.

-Call the charity. Find out if the organization is aware of the solicitation and has authorized the use of its name. If not, you may be dealing with a fraudulent solicitor.

-Watch out for similar sounding names. Some phony charities use names that closely resemble those of respected, legitimate organizations.

-Know the difference between "tax exempt" and "tax deductible." Tax exempt means the organization doesn't have to pay taxes. Tax deductible means you can deduct your contribution on your federal income tax return. Even though an organization is tax exempt, your contribution may not be tax deductible. If deductibility is important to you, ask for a receipt showing the amount of your contribution and stating that it is tax deductible.

-Know that a 501(c)(3) organization must make a copy of its annual returns, (Form 990 or Form 990EZ) for the last three years and its exempt status application and supporting documents available for you to view during business hours.

-Be skeptical if someone thanks you for a pledge you don't remember making. If you have any doubt whether you've made a pledge or previously contributed, check your records. Be on the alert for invoices claiming you've made a pledge when you know you haven't. Some unscrupulous solicitors use this approach to get your money.

-Ask how your donation will be distributed. How much will go to the program you want to support, and how much will cover the charity's administrative costs? If a professional fund-raiser is used, ask how much it will keep.

-Refuse high pressure appeals. Legitimate fund-raisers won't push you to give on the spot.

-Be wary of charities offering to send a courier to collect your donation immediately.

-Consider the costs. When buying merchandise or tickets for special events, or when receiving free goods in exchange for giving, remember that these items cost money and generally are paid for out of your contribution. Although this can be an effective fund-raising tool, less money may be available for the charity.

-Be wary of guaranteed sweepstakes winnings in exchange for a contribution. You never have to donate anything to be eligible to win.

-Avoid cash gifts that can be lost or stolen. For security and tax record purposes, it's best to pay by check. Use the official full name of the charity - not initials - on your check. Avoid solicitors who want to send a courier or use an overnight delivery service to pick up your donation.

More information:

ID: 5091
Report as of November 29, 2015 17:48
Copyright© 2015 Better Business Bureau

An organization may change its practices at any time without notice. Donors must decide for themselves the significance of any variation from BBB Standards, taking into account the relative importance of the practice in question in the context of the organization's total performance.

This report reflects the results of an evaluation of informational materials provided voluntarily by the organization. The report is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgement.

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