Quick charity verification for New Era Colorado Action Fund (EIN: 205392556)
Verdict: New Era Colorado Action Fund appears trustworthy
85/100Mission Score
$1.0MRevenue
$647KAssets
2Red Flags
3Strengths
Red Flags
Fluctuating revenue and expenses, leading to occasional deficits (e.g., 2020 expenses of $1,041,724 against revenue of $903,059)
Spikes in liabilities in certain years (e.g., $240,121 in 2020 and $220,686 in 2022)
Strengths
Consistent 0% officer compensation, indicating high efficiency in leadership costs
Significant growth in net assets over the past decade (from $30,585 in 2014 to $580,833 in 2023)
Generally positive financial performance in recent years (e.g., 2023 revenue of $473,415 exceeded expenses of $414,761)
Spending Breakdown
How New Era Colorado Action Fund allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 New Era Colorado Action Fund
Is New Era Colorado Action Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, New Era Colorado Action Fund (EIN: 205392556) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is New Era Colorado Action Fund a good charity to donate to?
New Era Colorado Action Fund has a Mission Score of 85/100. Revenue: $1.0M. Assets: $647K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Era Colorado Action Fund?
The Employer Identification Number (EIN) for New Era Colorado Action Fund is 205392556. 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 New Era Colorado Action Fund spend its money?
New Era Colorado Action Fund allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Era Colorado Action Fund's tax-exempt status?
You can verify New Era Colorado Action Fund's tax-exempt status using EIN 205392556 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
New Era Colorado Action Fund demonstrates generally sound financial health, with fluctuating but often positive net assets over the past decade. For instance, in 2023, the organization reported revenues of $473,415 against expenses of $414,761, resulting in a surplus. While the organization's assets have grown significantly from $30,585 in 2014 to $580,833 in 2023, liabilities have also seen periods of increase, such as $220,686 in 2022, which warrants attention. The organization consistently reports 0% officer compensation, which is a strong indicator of efficient spending on leadership and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances its transparency and financial integrity, as it suggests a volunteer or very low-paid leadership structure, allowing more resources to be allocated to programs.