Colorado · Nonprofit
COBALT ADVOCATES
COBALT ADVOCATES (Colorado) receives grants from 13 organizations whose IRS filings report $105,508 to it, the largest being NUSSBAUM CHARITABLE CO-TR UA UMA ($28,000). 6 of them have funded it in more than one year.
- Revenue FY2024
- $2.2M
- Funders on record
- 13
- Grants received
- $106k
- Net assets
- $94k
What Cobalt Advocates does
Mission
Cobalt Advocates actualizes policies, structures and attitudes that secure unassailable reproductive autonomy and abortion access utilizing the political process and civic engagement.
As stated on its FY2024 Form 990.
Programs
Partnerships and public education
$183,000 spent66% of program spendingPolitical work including political endorsements of candidates and work to pass a ballot initiative, amendment 79, in 2025.
$93,000 spent34% of program spending
The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $276,000.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $295k to $-123598 (−142%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 31%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Topher Williams
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base narrowed from 3 funders to 1 funder, grant income fell $18k → $2k.
From the IRS filings of COBALT ADVOCATES’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
COBALT ADVOCATES leans on a few funders — its largest provides 27% of grant income and the top three 69%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2017 56% · 2018 68% · 2019 59% · 2021 94% · 2022 78% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
0% of COBALT ADVOCATES's funders are still giving 3 years after their first grant; 46% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
COBALT ADVOCATES draws 75% of its grant income from funders outside Colorado, across 9 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like COBALT ADVOCATES
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for COBALT ADVOCATES: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds COBALT ADVOCATES?
- COBALT ADVOCATES (Colorado) receives grants from 13 organizations whose IRS filings report $105,508 to it, the largest being NUSSBAUM CHARITABLE CO-TR UA UMA ($28,000). 6 of them have funded it in more than one year.
- How many funders does COBALT ADVOCATES have?
- IRS filings report 13 organizations giving $105,508 in grants to COBALT ADVOCATES, 6 of which have funded it in more than one year.
- Who is the largest funder of COBALT ADVOCATES?
- NUSSBAUM CHARITABLE CO-TR UA UMA is the largest funder on record, with $28,000 in grants. The full list of funders is on this page.
- How can an organization like COBALT ADVOCATES find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Cobalt Advocates →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing