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Nonprofit · EIN 86-1457127

BLUE CHANNEL THERAPY

Tax-exempt · ARVADA, CO 80002

Financials

$940K$899K2023$1.5M$1.5M2024$2M$1.8M2025
Revenue Expenses · by fiscal year end
Financials of BLUE CHANNEL THERAPY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,027,139$1,837,274$189,865$233,008$3,118$229,890
December 31, 2024990$1,456,711$1,471,245-$14,534$46,916$310$46,606
December 31, 2023990$940,009$898,703$41,306$61,409$22,799$38,610
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$113,682
of which government grants
$110,029
Program service revenue
$1,910,027
Investment income
$2,380
Other revenue
$1,050

Expenses

Grants and similar amounts paid
$960
Compensation of officers, directors and key employees
$0
Other salaries and wages
$1,312,594
Salaries, compensation and benefits (total)
$1,550,972
Professional fundraising fees
$0
Legal fees
$600
Accounting fees
$9,925
Occupancy
$92,353
Travel
$172
Program services (functional)
$1,711,450
Management and general (functional)
$125,804

Balance sheet and other

Total assets, start of year
$46,916
Total assets, end of year
$233,008
Total liabilities, end of year
$3,118
Net assets, end of year
$229,890
Net assets without donor restrictions
$229,889
Gross receipts
$2,027,139
Employees
27
Volunteers
0
Year formed
2021
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Lisa Workman MSN RN CCRNPresident
Officer
2$0
Jennifer Lee BSTreasurer
Officer
0.5$0
Allison Becker MSWVPSecretary
Officer
0.5$0
Suzanne Delap PhD EdSMember at Large
Trustee or director
0.5$0
Bethany Frakes MSW LCSWMember at Large
Trustee or director
0.5$0
Mandi Gutierrez MSMember at Large
Trustee or director
0.5$0
Rachel Johnson BSMember at Large
Trustee or director
0.5$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
ALLISON REXPAST PRESIDENT
Trustee or director
2$0
MAIA LONGENECKEREXECUTIVE DIRECTOR
Trustee or director
40$0
ALLISON BECKERSECRETARY
Trustee or director
1$0
LISA WORKMANPRESIDENT
Officer
2$0
JENNIFER LEETREASURER
Officer
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
MAIA LONGENECKEREXECUTIVE DIRECTOR
Trustee or director
40$119,972
ALLISON BECKERSECRETARY
Trustee or director
1$0
JENNIFER LEETREASURER
Officer
2$0
ALLISON REXPRESIDENT
Officer
2$0
LISA WORKMANVICE PRESIDENT
Officer
2$0

Address and contacts

Address (IRS master file)
5460 WARD RD STE 150, ARVADA, CO 80002-1828
In care of
% LISA WORKMAN
Principal officer (990 for 2025)
Lisa Workman, 5460 WARD RD STE 150, ARVADA, CO 80002
Signed the 990
Maia Longenecker, Executive Director
Phone
(720) 295-7548

Mission

The mission of Blue Channel Therapy is to improve the quality of life for children young adults and families through affordable high-quality mental therapy provided by therapists and interns in eye movement desensitization reprocessing EMDR therapy.

990 for the year ended December 31, 2025

Program accomplishments

  • We served 433 additional new clients in 2025 and experienced steady financial growth largely due to the enhanced Medicaid reimbursement rates associated with becoming an Essential Safety Net Provider ESNP. This designation not only strengthened our financial position but also enhanced the level of services we are able to provide to our clients and the community. As a result we began building financial reserves and creating a stronger safety net for the organization. We also implemented a Saturday work differential and expanded our team by adding a Spanish-speaking supervisor and an administrative assistant. We are currently halfway toward our reserve goal. In addition we recruited new board members bringing our total to seven. The board established key committees including Marketing Fundraising Strategic Planning and Research. We also onboarded a new volunteer and fundraising coordinator to support continued growth and community engagement. At the end of the States fiscal year in July 2025 the State announced the discontinuation of the enhanced ESNP Medicaid rates. This resulted in a reduction of Medicaid income by 33% with one Regional Accountable Entity RAE and 14% with another. In response we partnered with Colorado Collective Solutions to add Kaiser as a payor. These adjustments generated sufficient revenue to stabilize our budget without reducing staff pay or benefits. The dedication flexibility and hard work of BCT staff during this time were exceptional. We also partnered with the Latinx Therapist Project to increase pay and provide additional support for our Spanish-speaking staff and interns at the Northglenn office. We successfully completed our FFTA grant which funded First Play groups in the community and provided training for many of our staff to work with infants and toddlers. We continued developing our strategic plan with plans to roll it out in 2026. Finally the end of 2025 brought exciting news with the approval from the Institutional Review Board IRB for our EMDR and Childrens program evaluation and research project.
    Expenses $1,711,450 · revenue $1,912,407

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-1457127
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$233,008
Income (IRS master file)
$2,027,139

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,027,139$1,837,274$233,008IRS
990December 2024$1,456,711$1,471,245$46,916IRS
990December 2023$940,009$898,703$61,409XML
990December 2022$322,127$328,554$25,084IRS
990-EZDecember 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-1457127).

Questions about BLUE CHANNEL THERAPY

What is the EIN of BLUE CHANNEL THERAPY?
The employer identification number (EIN) of BLUE CHANNEL THERAPY is 86-1457127.
Is BLUE CHANNEL THERAPY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to BLUE CHANNEL THERAPY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BLUE CHANNEL THERAPY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BLUE CHANNEL THERAPY due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BLUE CHANNEL THERAPY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of BLUE CHANNEL THERAPY?
The 990 for the year ended December 31, 2025 names Lisa Workman.
Who are the officers and directors of BLUE CHANNEL THERAPY?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does BLUE CHANNEL THERAPY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,027,139, expenses of $1,837,274 and total assets of $233,008 at year end.

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