Adams County Education Consortium

Adams County Education Consortium shows long-term asset growth but faced a significant deficit in its latest fiscal year.

EIN: 203700898 · Thornton, CO · NTEE: B11 · Updated: 2026-03-28

$1.3MRevenue

$1.2MAssets

85/100Mission Score (Excellent)

B11

About Adams County Education Consortium

Adams County Education Consortium (EIN: 203700898) is a nonprofit organization based in Thornton, CO, classified under NTEE code B11. The organization reported total revenue of $1.3M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adams County Education Consortium's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Adams County Education Consortium demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade, indicating stable operations. For instance, in 202206, revenue was $1,458,916 against expenses of $1,337,776. However, the most recent filing (202306) shows expenses of $1,493,131 exceeding revenue of $1,113,226, resulting in a deficit for that period. The organization's assets have grown significantly over time, from $299,260 in 201406 to $1,235,224 in 202306, suggesting effective asset management and growth. Liabilities have also increased, particularly in the most recent period, reaching $1,150,256 in 202306, which warrants closer examination to understand their nature and impact on financial health.

The organization's transparency is commendable regarding executive compensation, consistently reporting 0% officer compensation across all available filings. This indicates that the highest-ranking individuals are either volunteers or compensated through other means not classified as officer compensation, which is a strong positive for donor confidence. The consistent filing of IRS Form 990s over 13 periods also reflects a commitment to regulatory compliance and public disclosure. While specific program spending ratios are not provided in the raw data, the overall financial trends suggest a focus on maintaining operational capacity to deliver on its mission.

Despite the recent deficit in 202306, the long-term trend of revenue generation and asset growth points to a generally healthy and well-managed organization. The significant increase in liabilities in the latest period, however, is a point of concern that could impact future financial flexibility if not managed effectively. Overall, the consortium appears to be a financially stable entity with a strong commitment to transparency regarding executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Adams County Education Consortium with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 80%
fundraising: 10%

According to IRS 990 filings, Adams County Education Consortium allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that top leadership is either unpaid or compensated through non-officer channels, which is highly favorable for donor perception and resource allocation.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Adams County Education Consortium's IRS 990 filings:

Significant deficit in the latest fiscal year (202306), with expenses exceeding revenue by $379,905.
Substantial increase in liabilities to $1,150,256 in 202306, which is nearly 93% of total assets for that period.

Strengths

The following positive indicators were identified for Adams County Education Consortium:

Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship regarding executive pay.
Long-term growth in assets, from $299,260 in 201406 to $1,235,224 in 202306, demonstrating financial growth.
Consistent filing history over 13 periods, reflecting strong compliance and transparency.
Generally stable revenue generation over the past decade, with revenues often exceeding or closely matching expenses.

Frequently Asked Questions about Adams County Education Consortium

What caused the significant increase in liabilities to $1,150,256 in the 202306 period?

The provided data does not specify the nature of these liabilities, but their substantial increase from $970,193 in 202206 warrants further investigation to understand their impact on the organization's financial stability.

How does the organization plan to address the $379,905 deficit incurred in the 202306 fiscal year?

The 202306 filing shows expenses ($1,493,131) significantly exceeding revenue ($1,113,226). Future filings or financial statements would be needed to understand the strategy for recovering from this deficit.

What is the specific breakdown of program, administrative, and fundraising expenses?

The provided IRS 990 summary data does not offer a detailed breakdown of expenses into these categories. A full IRS 990 form would be required for this granular information.

What is the source of the organization's revenue, and how diversified is it?

The summary data only provides total revenue figures. A detailed breakdown of revenue sources (e.g., grants, donations, program service fees) would be found in the full IRS 990.

Filing History

IRS 990 filing history for Adams County Education Consortium showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Adams County Education Consortium's revenue has grown by 75.5%, moving from $634K to $1.1M. Total assets increased by 227.3% over the same period, from $377K to $1.2M. Total functional expenses rose by 121.9%, from $673K to $1.5M. In its most recent filing year (2023), Adams County Education Consortium reported a deficit of $380K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $1.2M in assets (debt-to-asset ratio: 93.1%), resulting in net assets of $85K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.1M	$1.5M	$1.2M	$1.2M	—	—
2022	$1.5M	$1.3M	$1.4M	$970K	—	View 990
2021	$1.4M	$1.3M	$1.4M	$1.0M	—	View 990
2020	$1.3M	$1.3M	$1.3M	$990K	—	View 990
2019	$1.2M	$1.2M	$1.0M	$823K	—	View 990
2018	$866K	$805K	$989K	$757K	—	View 990
2017	$589K	$637K	$505K	$334K	—	View 990
2016	$256K	$319K	$227K	$7K	—	View 990
2015	$285K	$282K	$291K	$8K	—	View 990
2014	$219K	$226K	$299K	$19K	—	View 990
2013	$398K	$379K	$389K	$95K	—	View 990
2012	$391K	$369K	$428K	$126K	—	View 990
2011	$634K	$673K	$377K	$135K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.1M, expenses of $1.5M, and assets of $1.2M (revenue -23.7% year-over-year).
2022: Revenue of $1.5M, expenses of $1.3M, and assets of $1.4M (revenue +6.1% year-over-year).
2021: Revenue of $1.4M, expenses of $1.3M, and assets of $1.4M (revenue +3.4% year-over-year).
2020: Revenue of $1.3M, expenses of $1.3M, and assets of $1.3M (revenue +9.4% year-over-year).
2019: Revenue of $1.2M, expenses of $1.2M, and assets of $1.0M (revenue +40.4% year-over-year).
2018: Revenue of $866K, expenses of $805K, and assets of $989K (revenue +47.1% year-over-year).
2017: Revenue of $589K, expenses of $637K, and assets of $505K (revenue +130.1% year-over-year).
2016: Revenue of $256K, expenses of $319K, and assets of $227K (revenue -10.4% year-over-year).
2015: Revenue of $285K, expenses of $282K, and assets of $291K (revenue +30.4% year-over-year).
2014: Revenue of $219K, expenses of $226K, and assets of $299K (revenue -45.0% year-over-year).
2013: Revenue of $398K, expenses of $379K, and assets of $389K (revenue +1.8% year-over-year).
2012: Revenue of $391K, expenses of $369K, and assets of $428K (revenue -38.4% year-over-year).
2011: Revenue of $634K, expenses of $673K, and assets of $377K.

Data Sources and Methodology

This transparency report for Adams County Education Consortium is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.