Quick charity verification for Colorado Beverage Association Inc (EIN: 202066512)
Verdict: Colorado Beverage Association Inc appears trustworthy
85/100Mission Score
$220KRevenue
$45KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
No reported liabilities in any filing period, demonstrating strong financial health and risk management.
Consistent history of IRS 990 filings (13 filings), indicating good transparency and compliance.
Generally operates with a surplus or near break-even, as seen in 2023 with revenue of $199,668 against expenses of $156,300.
Growing assets, from $7,350 in 2022 to $50,718 in 2023, suggesting financial stability and accumulation of reserves.
Spending Breakdown
How Colorado Beverage Association Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Beverage Association Inc
Is Colorado Beverage Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Colorado Beverage Association Inc (EIN: 202066512) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Colorado Beverage Association Inc a good charity to donate to?
Colorado Beverage Association Inc has a Mission Score of 85/100. Revenue: $220K. Assets: $45K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Colorado Beverage Association Inc?
The Employer Identification Number (EIN) for Colorado Beverage Association Inc is 202066512. 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 Beverage Association Inc spend its money?
Colorado Beverage Association Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Colorado Beverage Association Inc's tax-exempt status?
You can verify Colorado Beverage Association Inc's tax-exempt status using EIN 202066512 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 Beverage Association Inc. demonstrates consistent financial stability, operating with a lean structure and no reported liabilities across all available filings. Their revenue has fluctuated, with a notable increase to $199,668 in 2023 from $56,158 in 2022, indicating a rebound or significant event. Expenses have generally remained below or close to revenue, as seen in 2023 where expenses were $156,300 against $199,668 in revenue, leading to a surplus. The organization's assets have also shown growth, reaching $50,718 in 2023, up from $7,350 in 2022, suggesting prudent financial management and accumulation of reserves.
The organization's transparency is high regarding executive compensation, as 0% officer compensation is reported across all filings, indicating a volunteer-led or very low-cost leadership structure. This contributes positively to their spending efficiency, as a significant portion of funds is not allocated to executive salaries. While specific program spending details are not provided in the summary data, the overall low expense structure relative to revenue, combined with no liabilities, points to a financially healthy and responsibly managed entity. Their consistent filing history further enhances their transparency profile.