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Colorado · Nonprofit

MT CARMEL VETERANS SERVICE CENTER

MT CARMEL VETERANS SERVICE CENTER (Colorado) receives grants from 81 organizations whose IRS filings report $6,054,667 to it, the largest being ADOLPH COORS FOUNDATION ($500,000). 43 of them have funded it in more than one year.

Revenue FY2025
$4.2M
Funders on record
81
Grants received
$6.1M
Net assets
$1.9M
43/81 repeat funderspeak grant-dependency 55%
01What it does

What Mt Carmel Veterans Service Center does

Mission

Mt. Carmel collaborates with community partners in providing best practices in transition & wellness services for veterans, military & their families by delivering expertise, resources, space & sustainability. This is accomplished by providing a one-stop shop for a variety of services such as behavioral health counseling, employment & transition support, job placement & internships, benefits support, housing assistance, financial coaching, & legal & education assistance.

As stated on its FY2025 Form 990.

Programs

  1. Veterans career & employment - provides services to transitioning military members through an intensive focus on employment via training, education resources, community groups, workshops, seminars, and networking opportunities that have been proven in finding gainful employment.

    $512,678 spent
    15% of program spending
  2. Veterans & family resource center - mt. Carmel provides a vast array of resources and assistance in areas such as housing, financial coaching, va mortgage education, and financing and legal assistance.

    $1,012,018 spent
    29% of program spending
  3. Wellness & transition - through partnerships with local universities, mt carmel offers a range of counseling services for individual couples, families and children. Life coaching provides support to individuals who desire significant change in their lives. Yoga for veterans offers clients a way for achieving health wellness and balance. The returning military heroes program provides couples a three-day retreat to relax from the stress of military of life, where they can enjoy each other's company without distractions.

    $910,942 spent$316,164 earned by the program
    26% of program spending
  4. Veterans business outreach center - in partnership with the u.s. Small business administration (sba), mt. Carmel veterans service center opened colorado's first veterans business outreach center on may 1, 2023. Headquartered at mt. Carmel, the colorado veterans business outreach center also has a satellite office at catalyst campus for technology and innovation in colorado springs. The vboc provides counseling, training, technical skill development, comprehensive business assessments, and mentoring services to aspiring and existing business owners who are active duty, veterans, members of the national guard or reserve, military spouses, and family members. According to the sba colorado has over 48,000 veteran-owned small businesses that provide $23 billion to the state economy and employ over 96,000 people.in accordance with the mission of the office of veteran business development, the colorado vboc provides programs and services as part of the colorado small business ecosystem. We are here to help start, grow, and expand small businesses.

    $375,616 spent
    11% of program spending
  5. Greet & connect

    $448,039 spent
    13% of program spending
  6. Partner space

    $260,123 spent$56,170 earned by the program
    7% of program spending

The 6 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,519,416.

02The organization over time

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.2M) Expenses 100 ($1.1M) Net assets 100 ($111k)2019 Revenue 145 ($1.7M) Expenses 144 ($1.7M) Net assets 498 ($554k)2020 Revenue 160 ($1.9M) Expenses 161 ($1.8M) Net assets 522 ($580k)2021 Revenue 248 ($2.9M) Expenses 196 ($2.2M) Net assets 1104 ($1.2M)2022 Revenue 263 ($3.1M) Expenses 238 ($2.7M) Net assets 1411 ($1.6M)2023 Revenue 293 ($3.4M) Expenses 291 ($3.3M) Net assets 1480 ($1.6M)2024 Revenue 355 ($4.1M) Expenses 341 ($3.9M) Net assets 1687 ($1.9M)2025 Revenue 361 ($4.2M) Expenses 367 ($4.2M) Net assets 1695 ($1.9M)
'17'19'20'21'22'23'24'25
Revenue (361)Expenses (367)Net assets (1695)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $705k to $1.4M (+96%).

$551k
$799k
$705k
$1.4M
$1.8M
$2.4M
$2.6M
$2.5M
'17'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 7% · 2019 2% · 2020 12% · 2021 20% · 2022 25% · 2023 18% · 2024 27% · 2025 31%. Grants only. Government contracts and fees sit inside program revenue.

93% of MT CARMEL VETERANS SERVICE CENTER’s revenue is contributions — more reliant on donations than three-quarters of its peers (16% for the typical peer).

This organization
Typical peer · 1,616 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$20k
’17
$43k
’19
$26k
’20
$647k
’21
$341k
’22
$77k
’23
$229k
’24
$9k
’25
1.5
months of
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.

Chief executive

Robert Mclaughlin

Executive director

As listed on its FY2025 Form 990.

'17'19'20'21'22'23'24'25
Listed77887788
Joined··+2+0+0+0+1+2
No longer listed··101002
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 10 funders to 33 funders, grant income rose $333k → $1.3M.

13 of 81 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MT CARMEL VETERANS SERVICE CENTER’s funders (the co-funder graph). Top 30 of 81 funders by total. 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

MT CARMEL VETERANS SERVICE CENTER has a broad base — no single funder exceeds 8% of grant income, and it takes 8 funders to reach half.

the vertical line marks half of all grant income — 8 funders to its left

52% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MT CARMEL VETERANS SERVICE CENTER.

8%
largest funder
24%
top three
~23
effective funders

Largest funder’s share by year: 2018 31% · 2019 30% · 2020 32% · 2021 19% · 2022 27% · 2023 15% — diversifying over time.

“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

45% of MT CARMEL VETERANS SERVICE CENTER's funders are still giving 3 years after their first grant; 53% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

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

86% of MT CARMEL VETERANS SERVICE CENTER's grant income comes from Colorado funders.

MN
IL
WI
MI
NY
MA
OH
NJ
CA
UT
CO
NE
MO
MD
DE
AZ
NC
HI
GA
TX

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Colorado out of state home

Funder states come from each funder’s own filing. $1.5M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.

04Its place in the field

Against its field

MT CARMEL VETERANS SERVICE CENTER has grown faster than three-quarters of the 1,060 employment nonprofits its size.

Operating margin0% · below the median
Months of reserve1.5mo · bottom quartile
Revenue growth (annualized)17% · top quartile

this organization peer median middle 50% of peers· 1,060 employment nonprofits $1M–$10M, FY2025

Government funding MT CARMEL VETERANS SERVICE CENTER receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.7M on record.

Federal$1.7M
grants $1.7Mcontracts $0
24
25
Top agencies
  • Small Business Administration$1.2M
  • Department of Veterans Affairs$533k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like MT CARMEL VETERANS SERVICE CENTER

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 5%Fundraising 11%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

89%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Mt Carmel Wellness & Community Center · exempt

Screen this organization

A dated, signed PDF of the compliance screen for MT CARMEL VETERANS SERVICE CENTER: 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.

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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 MT CARMEL VETERANS SERVICE CENTER?
MT CARMEL VETERANS SERVICE CENTER (Colorado) receives grants from 81 organizations whose IRS filings report $6,054,667 to it, the largest being ADOLPH COORS FOUNDATION ($500,000). 43 of them have funded it in more than one year.
How many funders does MT CARMEL VETERANS SERVICE CENTER have?
IRS filings report 81 organizations giving $6,054,667 in grants to MT CARMEL VETERANS SERVICE CENTER, 43 of which have funded it in more than one year.
Who is the largest funder of MT CARMEL VETERANS SERVICE CENTER?
ADOLPH COORS FOUNDATION is the largest funder on record, with $500,000 in grants. The full list of funders is on this page.
How can an organization like MT CARMEL VETERANS SERVICE CENTER 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 Mt Carmel Veterans Service Center →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 81 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