Is Colorado Institute Of Familymedicine Legit?

Quick charity verification for Colorado Institute Of Familymedicine (EIN: 208367897)

Verdict: Colorado Institute Of Familymedicine appears trustworthy

70/100Mission Score
$1.7MRevenue
$22.0MAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Colorado Institute Of Familymedicine 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 Institute Of Familymedicine

Is Colorado Institute Of Familymedicine a legitimate charity?

Based on AI analysis of IRS 990 filings, Colorado Institute Of Familymedicine (EIN: 208367897) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Colorado Institute Of Familymedicine a good charity to donate to?

Colorado Institute Of Familymedicine has a Mission Score of 70/100. Revenue: $1.7M. Assets: $22.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Colorado Institute Of Familymedicine?

The Employer Identification Number (EIN) for Colorado Institute Of Familymedicine is 208367897. 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 Institute Of Familymedicine spend its money?

Colorado Institute Of Familymedicine allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Colorado Institute Of Familymedicine's tax-exempt status?

You can verify Colorado Institute Of Familymedicine's tax-exempt status using EIN 208367897 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 Institute Of Familymedicine demonstrates consistent financial activity with relatively stable revenues and expenses over the past decade, typically operating near break-even or with small surpluses/deficits. For instance, in 2023, revenue was $105,395 against expenses of $85,759, showing a surplus. The organization's assets have grown significantly, from $689,617 in 2014 to $17,981,038 in 2023, indicating substantial asset accumulation, though liabilities have also increased proportionally, suggesting these assets may be largely offset by debt or other obligations. The latest filing shows assets of $17,981,038 against liabilities of $18,171,560, indicating a negative net asset position. Spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data. However, the consistent near-zero officer compensation across all reported periods suggests a lean operational structure at the executive level. The organization's financial health appears stable in terms of operational cash flow, but the increasing liabilities relative to assets, leading to negative net assets in recent years, warrants closer examination. The significant growth in assets, despite modest annual revenues, suggests potential capital investments or specific funding streams not fully detailed here. Transparency regarding executive compensation is excellent, with 0% reported for officer compensation in all available filings. However, without a breakdown of expenses into program, administrative, and fundraising categories, a comprehensive assessment of spending efficiency and program focus is limited. The consistent growth in assets and liabilities, particularly the negative net asset position in recent years, indicates a complex financial structure that would benefit from further disclosure.

View Full Transparency Report →

Disclaimer

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

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