Is Northern Colorado Academy Of Artsand Knowledge Legit?
Quick charity verification for Northern Colorado Academy Of Artsand Knowledge (EIN: 203981564)
Verdict: Northern Colorado Academy Of Artsand Knowledge appears trustworthy
92/100Mission Score
$3.8MRevenue
$2.1MAssets
1Red Flags
5Strengths
Red Flags
No specific red flags identified based on the provided financial data, particularly regarding officer compensation or consistent deficits.
Strengths
Consistent revenue growth, from $1,649,669 in 201706 to $2,933,057 in 202406.
Positive net income (revenue exceeding expenses) in most recent periods, e.g., $2,933,057 revenue vs. $2,570,988 expenses in 202406.
0% reported officer compensation across all available filings, indicating high efficiency in leadership compensation.
Steady growth in assets, reaching $1,542,435 in 202406, enhancing organizational capacity.
Strong transparency with 15 years of consistent IRS 990 filings.
Spending Breakdown
How Northern Colorado Academy Of Artsand Knowledge allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Northern Colorado Academy Of Artsand Knowledge
Is Northern Colorado Academy Of Artsand Knowledge a legitimate charity?
Based on AI analysis of IRS 990 filings, Northern Colorado Academy Of Artsand Knowledge (EIN: 203981564) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Northern Colorado Academy Of Artsand Knowledge a good charity to donate to?
Northern Colorado Academy Of Artsand Knowledge has a Mission Score of 92/100. Revenue: $3.8M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Northern Colorado Academy Of Artsand Knowledge?
The Employer Identification Number (EIN) for Northern Colorado Academy Of Artsand Knowledge is 203981564. 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 Northern Colorado Academy Of Artsand Knowledge spend its money?
Northern Colorado Academy Of Artsand Knowledge allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Northern Colorado Academy Of Artsand Knowledge's tax-exempt status?
You can verify Northern Colorado Academy Of Artsand Knowledge's tax-exempt status using EIN 203981564 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
Northern Colorado Academy Of Artsand Knowledge demonstrates a generally healthy financial trajectory, marked by consistent revenue growth over the past several years, culminating in $2,933,057 in revenue for the 202406 period. The organization consistently manages its expenses below its revenue, indicating sound financial management and the ability to build reserves. For instance, in 202406, expenses were $2,570,988 against revenues of $2,933,057, resulting in a surplus. The organization's assets have also shown steady growth, reaching $1,542,435 in 202406, suggesting increasing capacity and stability.
Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence regarding administrative overhead. The organization's liabilities have remained manageable relative to its assets, with a notable exception in 201506 where liabilities ($5,634,120) were very close to assets ($5,776,636), suggesting a significant financial event or project during that period. However, subsequent years show a return to more conservative liability levels.
Transparency is excellent, primarily due to the consistent disclosure of 0% officer compensation, which is a key indicator for many donors. The consistent filing history over 15 periods further reinforces a commitment to accountability. The NTEE code B20 (Elementary & Secondary Education) aligns with the organization's name, suggesting a clear mission focus. Overall, the financial data points to a well-managed and transparent organization with a strong commitment to its mission.