Aspen Center For Environmental Studies Endowment Fund Inc
Aspen Center For Environmental Studies Endowment Fund Inc maintains strong asset base with zero officer compensation.
EIN: 10724451 · Aspen, CO · NTEE: C113 · Updated: 2026-03-27
Is Aspen Center For Environmental Studies Endowment Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aspen Center For Environmental Studies Endowment Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aspen Center For Environmental Studies Endowment Fund Inc
Aspen Center For Environmental Studies Endowment Fund Inc (EIN: 10724451) is a nonprofit organization based in Aspen, CO, classified under NTEE code C113. The organization reported total revenue of $3.7M and total assets of $13.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aspen Center For Environmental Studies Endowment Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aspen Center For Environmental Studies Endowment Fund Inc with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Aspen Center For Environmental Studies Endowment Fund Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 the organization operates without paid officers, which is highly efficient for an endowment of its size ($13.3 million in assets).
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 Aspen Center For Environmental Studies Endowment Fund Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent 202310 period ($635,275 vs. $302,354), leading to a decrease in assets from the prior year.
Strengths
The following positive indicators were identified for Aspen Center For Environmental Studies Endowment Fund Inc:
- Consistently reports 0% officer compensation across all filings, indicating highly efficient governance.
- Maintains a substantial and growing asset base, reaching $13,326,718, demonstrating long-term financial stability.
- Excellent transparency with 14 consistent IRS 990 filings available.
- Minimal to no liabilities reported in most periods, indicating strong financial health.
- Consistent revenue generation over the past decade, supporting its endowment function.
Frequently Asked Questions about Aspen Center For Environmental Studies Endowment Fund Inc
Is Aspen Center For Environmental Studies Endowment Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Aspen Center For Environmental Studies Endowment Fund Inc (EIN: 10724451) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Aspen Center For Environmental Studies Endowment Fund Inc spend its money?
Aspen Center For Environmental Studies Endowment Fund Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aspen Center For Environmental Studies Endowment Fund Inc tax-deductible?
Aspen Center For Environmental Studies Endowment Fund Inc is registered as a tax-exempt nonprofit (EIN: 10724451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary purpose of this endowment?
As an endowment fund (NTEE C113), its primary purpose is likely to hold and invest assets to generate income, which is then distributed to support the Aspen Center For Environmental Studies or related environmental education programs.
Why did expenses exceed revenue in the 202310 period?
For an endowment, expenses exceeding revenue can occur due to several reasons, including making significant distributions to its beneficiary organization, experiencing investment losses, or a combination of both. This is not necessarily a sign of financial distress for an endowment.
How does the organization manage its investments?
While the filings don't detail investment strategies, the consistent growth in assets over many years (from $8.8 million in 2014 to $13.3 million currently) suggests effective investment management, despite periodic fluctuations.
Filing History
IRS 990 filing history for Aspen Center For Environmental Studies Endowment Fund Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Aspen Center For Environmental Studies Endowment Fund Inc's revenue has declined by 8.4%, moving from $330K to $302K. Total assets increased by 89.5% over the same period, from $6.1M to $11.5M. Total functional expenses rose by 120.9%, from $288K to $635K. In its most recent filing year (2023), Aspen Center For Environmental Studies Endowment Fund Inc reported a deficit of $333K, with expenses exceeding revenue. The organization holds $13K in liabilities against $11.5M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $11.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $302K | $635K | $11.5M | $13K | — | — |
| 2022 | $826K | $492K | $11.5M | $2K | — | — |
| 2021 | $1.3M | $482K | $13.8M | $0 | — | View 990 |
| 2020 | $774K | $489K | $10.9M | $0 | — | View 990 |
| 2019 | $775K | $464K | $11.2M | $0 | — | View 990 |
| 2018 | $542K | $449K | $10.1M | $0 | — | View 990 |
| 2017 | $806K | $470K | $9.9M | $0 | — | View 990 |
| 2016 | $590K | $452K | $8.8M | $0 | — | View 990 |
| 2015 | $968K | $431K | $8.8M | $0 | — | View 990 |
| 2014 | $772K | $401K | $8.8M | $0 | — | View 990 |
| 2013 | $521K | $368K | $8.3M | $0 | — | View 990 |
| 2012 | $542K | $279K | $7.1M | $0 | — | View 990 |
| 2011 | $44K | $8K | $6.5M | $2K | — | View 990 |
| 2011 | $330K | $288K | $6.1M | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $302K, expenses of $635K, and assets of $11.5M (revenue -63.4% year-over-year).
- 2022: Revenue of $826K, expenses of $492K, and assets of $11.5M (revenue -36.4% year-over-year).
- 2021: Revenue of $1.3M, expenses of $482K, and assets of $13.8M (revenue +68.0% year-over-year).
- 2020: Revenue of $774K, expenses of $489K, and assets of $10.9M (revenue -0.1% year-over-year).
- 2019: Revenue of $775K, expenses of $464K, and assets of $11.2M (revenue +42.9% year-over-year).
- 2018: Revenue of $542K, expenses of $449K, and assets of $10.1M (revenue -32.7% year-over-year).
- 2017: Revenue of $806K, expenses of $470K, and assets of $9.9M (revenue +36.4% year-over-year).
- 2016: Revenue of $590K, expenses of $452K, and assets of $8.8M (revenue -39.0% year-over-year).
- 2015: Revenue of $968K, expenses of $431K, and assets of $8.8M (revenue +25.4% year-over-year).
- 2014: Revenue of $772K, expenses of $401K, and assets of $8.8M (revenue +48.0% year-over-year).
- 2013: Revenue of $521K, expenses of $368K, and assets of $8.3M (revenue -3.9% year-over-year).
- 2012: Revenue of $542K, expenses of $279K, and assets of $7.1M (revenue +1137.0% year-over-year).
- 2011: Revenue of $44K, expenses of $8K, and assets of $6.5M (revenue -86.7% year-over-year).
- 2011: Revenue of $330K, expenses of $288K, and assets of $6.1M.
Data Sources and Methodology
This transparency report for Aspen Center For Environmental Studies Endowment Fund Inc 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.