Is Colorado Alliance For Health Equity And Practice Legit?
Quick charity verification for Colorado Alliance For Health Equity And Practice (EIN: 20732220)
Verdict: Colorado Alliance For Health Equity And Practice appears trustworthy
85/100Mission Score
$1.0MRevenue
$1.8MAssets
2Red Flags
4Strengths
Red Flags
Deficit reported in the latest fiscal year (202312), with expenses exceeding revenue by $247,016.
Increase in liabilities from $50,810 in 202112 to $401,135 in 202312.
Strengths
Consistent growth in assets, from $301,375 in 201912 to $2,062,885 in 202312.
Zero reported officer compensation across all filings, indicating potential volunteer leadership or efficient compensation structures.
Strong financial reserves, with assets significantly exceeding liabilities ($2,062,885 vs. $401,135 in 202312).
Consistent and transparent filing of IRS Form 990s (13 filings).
Spending Breakdown
How Colorado Alliance For Health Equity And Practice allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Colorado Alliance For Health Equity And Practice
Is Colorado Alliance For Health Equity And Practice a legitimate charity?
Based on AI analysis of IRS 990 filings, Colorado Alliance For Health Equity And Practice (EIN: 20732220) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Colorado Alliance For Health Equity And Practice a good charity to donate to?
Colorado Alliance For Health Equity And Practice has a Mission Score of 85/100. Revenue: $1.0M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Colorado Alliance For Health Equity And Practice?
The Employer Identification Number (EIN) for Colorado Alliance For Health Equity And Practice is 20732220. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Colorado Alliance For Health Equity And Practice spend its money?
Colorado Alliance For Health Equity And Practice allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Colorado Alliance For Health Equity And Practice's tax-exempt status?
You can verify Colorado Alliance For Health Equity And Practice's tax-exempt status using EIN 20732220 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Colorado Alliance For Health Equity And Practice demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. In the most recent period (202312), the organization reported assets of $2,062,885 against liabilities of $401,135, indicating a healthy financial cushion. However, the organization experienced a deficit in 202312, with expenses ($1,365,998) exceeding revenue ($1,118,982), which is a shift from the surpluses seen in 2020-2022. This recent deficit warrants monitoring to ensure it's not a recurring trend.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, and a reported 0% officer compensation across all periods. This suggests that executive leadership is either volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which is a positive indicator for donor confidence. The NTEE code E70 (Public Health, General and Other) aligns with its mission, and the consistent growth in assets over the past several years, from $301,375 in 201912 to over $2 million in 202312, reflects effective asset management and growth.
While the specific breakdown of program, administrative, and fundraising expenses is not provided in the raw data, the consistent reporting and lack of officer compensation suggest a commitment to efficient resource allocation. The recent dip into a deficit in 202312, following several years of strong surpluses, is the primary area for further scrutiny, but overall, the organization appears to be financially sound and transparent in its reporting.