Is Spina Bifida Association Of Colorado…

Quick charity verification for Spina Bifida Association Of Colorado (EIN: 205830943)

Strengths

Consistent asset growth, from $14,465 in 2014 to $65,029 in 2023, indicating financial stability.
Significant revenue growth in recent years, from $20,483 in 2020 to $68,818 in 2023, showing increasing support.
Zero reported liabilities across all 10 filings, demonstrating strong financial management and no debt burden.
No reported officer compensation, suggesting a high percentage of funds are directed towards the mission.
Positive net income in most recent periods, such as a $10,449 surplus in 2023, indicating sustainable operations.

Spending Breakdown

How Spina Bifida Association Of Colorado allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 Spina Bifida Association Of Colorado

Is Spina Bifida Association Of Colorado a legitimate charity?

Based on AI analysis of IRS 990 filings, Spina Bifida Association Of Colorado (EIN: 205830943) appears trustworthy. Mission Score: 80/100. 0 red flags identified, 5 strengths noted.

Is Spina Bifida Association Of Colorado a good charity to donate to?

Spina Bifida Association Of Colorado has a Mission Score of 80/100. Revenue: $111K. Assets: $92K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Spina Bifida Association Of Colorado?

The Employer Identification Number (EIN) for Spina Bifida Association Of Colorado is 205830943. 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 Spina Bifida Association Of Colorado spend its money?

Spina Bifida Association Of Colorado allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Spina Bifida Association Of Colorado's tax-exempt status?

You can verify Spina Bifida Association Of Colorado's tax-exempt status using EIN 205830943 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 Spina Bifida Association Of Colorado demonstrates a generally stable financial position, with assets growing consistently over the past decade, from $14,465 in 2014 to $65,029 in 2023. The organization has shown significant revenue growth in recent years, with revenue increasing from $20,483 in 2020 to $68,818 in 2023, indicating increasing support. Expenses have also risen, but the organization has managed to maintain positive net income in most recent periods, such as in 2023 where revenue exceeded expenses by over $10,000.

Spending efficiency appears to be reasonable for an organization of its size, especially given the consistent growth in assets and the absence of liabilities across all reported periods, suggesting sound financial management. The lack of reported officer compensation across all filings indicates that leadership may be volunteer-based or compensated through other means not captured as officer compensation, which can contribute to lower administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.

Transparency is good in terms of public filings, with 10 years of IRS 990 data available. The consistent reporting of zero liabilities is a positive indicator of financial health. However, the absence of detailed functional expense breakdowns in the provided summary data limits the ability to fully assess how funds are allocated between programs, administration, and fundraising. This makes it difficult to determine the exact percentage of funds directly reaching beneficiaries versus supporting operational costs.

Is Spina Bifida Association Of Colorado Legit?

Verdict: Spina Bifida Association Of Colorado appears trustworthy