Quick charity verification for Denver Regional Capital Corporation (EIN: 203395478)
Verdict: Denver Regional Capital Corporation has notable concerns
20/100Mission Score
$557KRevenue
$4.2MAssets
4Red Flags
4Strengths
Red Flags
Consistent reporting of $0 or negligible expenses across multiple years (e.g., 2023, 2022, 2020, 2019) despite significant revenue and assets.
Lack of clarity on how the organization's mission is being fulfilled without reported operational spending.
Inability to assess spending efficiency due to absent expense data.
Unusual financial structure with growing assets and revenue but no reported liabilities and minimal expenses.
Strengths
Consistent asset growth, from $2,067,790 in 2014 to $3,662,955 in 2023.
No reported liabilities across all available filings, indicating strong balance sheet health.
0% officer compensation reported, suggesting no direct executive pay from the organization.
Consistent revenue generation, with latest reported revenue at $331,338 in 2023.
Spending Breakdown
How Denver Regional Capital Corporation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Denver Regional Capital Corporation
Is Denver Regional Capital Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Denver Regional Capital Corporation (EIN: 203395478) has notable concerns. Mission Score: 20/100. 4 red flags identified, 4 strengths noted.
Is Denver Regional Capital Corporation a good charity to donate to?
Denver Regional Capital Corporation has a Mission Score of 20/100. Revenue: $557K. Assets: $4.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Denver Regional Capital Corporation?
The Employer Identification Number (EIN) for Denver Regional Capital Corporation is 203395478. 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 Denver Regional Capital Corporation spend its money?
Denver Regional Capital Corporation allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Denver Regional Capital Corporation's tax-exempt status?
You can verify Denver Regional Capital Corporation's tax-exempt status using EIN 203395478 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
Denver Regional Capital Corporation exhibits a unique financial profile, characterized by consistent asset growth and minimal reported expenses across most recent filings. With assets growing from $2,067,790 in 2014 to $3,662,955 in 2023, the organization appears to be accumulating capital effectively. However, the consistent reporting of $0 or negligible expenses in multiple recent periods (2023, 2022, 2020, 2019) raises significant questions about its operational activities and how its mission is being fulfilled. This lack of reported expenses, especially in contrast to substantial revenue figures like $331,338 in 2023, suggests either an extremely lean operational model or a reporting anomaly that impacts transparency.
The organization's financial health, as indicated by its growing assets and zero liabilities, appears robust from a balance sheet perspective. However, the absence of reported expenses makes it impossible to assess spending efficiency or program delivery. Without detailed expense breakdowns, stakeholders cannot determine how revenue is being utilized to achieve the organization's NTEE code S30 mission (Community Development Financial Institutions). The consistent reporting of 0% officer compensation enhances transparency regarding executive pay but does not clarify program spending.
Overall, while the organization demonstrates strong asset accumulation and no reported liabilities, its transparency regarding operational spending is severely limited by the consistent reporting of minimal or zero expenses. This makes it challenging to evaluate its effectiveness and impact, despite its apparent financial stability. Further clarification on how funds are being deployed to achieve its mission is necessary for a comprehensive assessment.