Is Colorado Farm To Table Inc Legit?

Quick charity verification for Colorado Farm To Table Inc (EIN: 204006105)

Verdict: Colorado Farm To Table Inc appears trustworthy

85/100Mission Score
$249KRevenue
$511KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Colorado Farm To Table Inc demonstrates a generally stable financial position with consistent revenue streams, though expenses have occasionally exceeded revenue, as seen in 2023 ($207,202 expenses vs. $179,027 revenue) and 2022 ($284,550 expenses vs. $281,830 revenue). The organization maintains a healthy asset base, with assets consistently exceeding liabilities by a significant margin (e.g., $472,210 assets vs. $3,040 liabilities in 2023), indicating good financial solvency. The absence of officer compensation reported across all filings suggests a volunteer-driven leadership, which can contribute to lower administrative costs and higher program efficiency. Spending efficiency appears strong given the lack of reported officer compensation, implying a high proportion of funds are directed towards programs. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health is sound. The organization's consistent filing history over 13 periods also points to a commitment to transparency and regulatory compliance. The fluctuation in revenue and expenses over the years suggests a dynamic operational environment, but the organization has managed to maintain its asset base and low liabilities.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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