Is Colorado Open Golf Foundation Legit? —…

Quick charity verification for Colorado Open Golf Foundation (EIN: 200377476)

Spending Breakdown

How Colorado Open Golf Foundation allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Open Golf Foundation

Is Colorado Open Golf Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Colorado Open Golf Foundation (EIN: 200377476) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Colorado Open Golf Foundation a good charity to donate to?

Colorado Open Golf Foundation has a Mission Score of 90/100. Revenue: $2.3M. Assets: $2.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Colorado Open Golf Foundation?

The Employer Identification Number (EIN) for Colorado Open Golf Foundation is 200377476. 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 Open Golf Foundation spend its money?

Colorado Open Golf Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Colorado Open Golf Foundation's tax-exempt status?

You can verify Colorado Open Golf Foundation's tax-exempt status using EIN 200377476 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 Open Golf Foundation demonstrates consistent financial activity, with revenues generally exceeding expenses over the past decade. In the latest filing (202312), the organization reported revenues of $1,888,347 against expenses of $1,766,638, indicating a surplus. The organization's assets have shown growth over time, reaching $2,696,810 in 2023, though there was a notable decrease from $4,196,058 in 2022, primarily due to a reduction in liabilities from $2,349,532 to $673,398. This suggests a strategic reduction in debt or reclassification of assets.

Spending efficiency appears reasonable, with expenses consistently below revenues, allowing for asset accumulation. The absence of reported officer compensation across all available filings is a significant positive indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven or very lean administrative structure at the top.

The foundation's financial health appears stable, with a healthy asset base relative to its annual expenses. The consistent positive net income over many years, coupled with zero reported officer compensation, points to a well-managed and mission-focused organization. The fluctuation in assets and liabilities between 2022 and 2023 warrants closer examination to understand the underlying financial activities, but the overall trend remains positive.

Is Colorado Open Golf Foundation Legit?

Verdict: Colorado Open Golf Foundation appears trustworthy

Red Flags

Strengths