Boulder Area Rental Housingassociation
Boulder Area Rental Housingassociation shows consistent revenue growth and zero officer compensation.
EIN: 205190762 · Boulder, CO · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $236K |
| Total Expenses | $190K |
| Program Spending | 85% |
| Net Assets | $326K |
| Transparency Score | 90/100 |
Is Boulder Area Rental Housingassociation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boulder Area Rental Housingassociation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boulder Area Rental Housingassociation
Boulder Area Rental Housingassociation (EIN: 205190762) is a nonprofit organization based in Boulder, CO, classified under NTEE code S41. The organization reported total revenue of $236K and total assets of $427K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boulder Area Rental Housingassociation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boulder Area Rental Housingassociation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $218K |
| Total Expenses | $190K |
| Surplus / Deficit | +$28K |
| Total Assets | $411K |
| Total Liabilities | $85K |
| Net Assets | $326K |
| Operating Margin | 12.8% |
| Debt-to-Asset Ratio | 20.8% |
| Months of Reserves | 26.0 months |
Financial Health Grade: A
In 2024, Boulder Area Rental Housingassociation reported a surplus of $28K with revenue exceeding expenses, holds 26.0 months of operating reserves (strong position), has a debt-to-asset ratio of 20.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Boulder Area Rental Housingassociation's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +9.5% | +2.6% | +28.4% |
| 2023 | +13.8% | +2.4% | +6.6% |
| 2022 | +20.3% | +16.8% | -0.6% |
| 2021 | -7.0% | +0.3% | -2.7% |
| 2020 | -7.2% | +1.5% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Boulder Area Rental Housingassociation with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Boulder Area Rental Housingassociation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.
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 Boulder Area Rental Housingassociation's IRS 990 filings:
- Significant increase in liabilities from $22,058 in 202306 to $85,326 in 202406, requiring further scrutiny.
Strengths
The following positive indicators were identified for Boulder Area Rental Housingassociation:
- Consistent revenue growth, with latest revenue at $217,754 (202406).
- Healthy financial surpluses, with revenue exceeding expenses in most recent years (e.g., $217,754 revenue vs. $189,971 expenses in 202406).
- Steady increase in assets, reaching $411,107 in 202406.
- 0% officer compensation across all reported periods, indicating volunteer leadership and efficient use of funds.
- Consistent IRS 990 filing history, demonstrating transparency and good governance.
Frequently Asked Questions about Boulder Area Rental Housingassociation
Is Boulder Area Rental Housingassociation a legitimate charity?
Boulder Area Rental Housingassociation (EIN: 205190762) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $236K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Boulder Area Rental Housingassociation spend its money?
Boulder Area Rental Housingassociation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Boulder Area Rental Housingassociation tax-deductible?
Boulder Area Rental Housingassociation is registered as a tax-exempt nonprofit (EIN: 205190762). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Boulder Area Rental Housingassociation's spending goes to programs?
Boulder Area Rental Housingassociation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Boulder Area Rental Housingassociation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Boulder Area Rental Housingassociation is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boulder Area Rental Housingassociation located?
Boulder Area Rental Housingassociation is headquartered in Boulder, Colorado and files with the IRS under EIN 205190762. It is classified under NTEE code S41.
How many years of IRS 990 filings does Boulder Area Rental Housingassociation have?
Boulder Area Rental Housingassociation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $236K in total revenue.
Is Boulder Area Rental Housingassociation a good charity?
Based on the provided financial data, BARHA appears to be a well-managed organization with consistent revenue growth, increasing assets, and a notable commitment to volunteer leadership (0% officer compensation). These factors suggest it is a financially sound and efficient organization.
What caused the significant increase in liabilities in 202406?
The liabilities increased from $22,058 in 202306 to $85,326 in 202406. Further investigation into the IRS 990 filing for 202406 would be necessary to understand the specific nature of this increase, such as new debt, deferred revenue, or other obligations.
How does BARHA's asset growth compare to its revenue growth?
BARHA's assets grew from $320,056 in 202306 to $411,107 in 202406 (a 28.4% increase), while revenue grew from $198,895 to $217,754 (a 9.5% increase) over the same period. This indicates that the organization is effectively retaining and accumulating resources.
Filing History
IRS 990 filing history for Boulder Area Rental Housingassociation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Boulder Area Rental Housingassociation's revenue has grown by 75.4%, moving from $124K to $218K. Total assets increased by 125.8% over the same period, from $182K to $411K. Total functional expenses rose by 74.9%, from $109K to $190K. In its most recent filing year (2024), Boulder Area Rental Housingassociation reported a surplus of $28K, with revenue exceeding expenses. The organization holds $85K in liabilities against $411K in assets (debt-to-asset ratio: 20.8%), resulting in net assets of $326K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $218K | $190K | $411K | $85K | — | — |
| 2023 | $199K | $185K | $320K | $22K | — | View 990 |
| 2022 | $175K | $181K | $300K | $16K | — | View 990 |
| 2021 | $145K | $155K | $302K | $12K | — | View 990 |
| 2020 | $156K | $154K | $310K | $10K | — | View 990 |
| 2019 | $168K | $152K | $313K | $15K | — | View 990 |
| 2018 | $167K | $158K | $293K | $10K | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
| 2016 | $172K | $167K | $263K | $9K | — | View 990 |
| 2015 | $171K | $148K | $249K | $0 | — | View 990 |
| 2014 | $153K | $145K | $221K | $0 | — | View 990 |
| 2013 | $140K | $119K | $209K | $36K | — | View 990 |
| 2012 | $124K | $109K | $182K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $218K, expenses of $190K, and assets of $411K (revenue +9.5% year-over-year).
- 2023: Revenue of $199K, expenses of $185K, and assets of $320K (revenue +13.8% year-over-year).
- 2022: Revenue of $175K, expenses of $181K, and assets of $300K (revenue +20.3% year-over-year).
- 2021: Revenue of $145K, expenses of $155K, and assets of $302K (revenue -7.0% year-over-year).
- 2020: Revenue of $156K, expenses of $154K, and assets of $310K (revenue -7.2% year-over-year).
- 2019: Revenue of $168K, expenses of $152K, and assets of $313K (revenue +0.8% year-over-year).
- 2018: Revenue of $167K, expenses of $158K, and assets of $293K.
- 2017: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2016: Revenue of $172K, expenses of $167K, and assets of $263K (revenue +0.5% year-over-year).
- 2015: Revenue of $171K, expenses of $148K, and assets of $249K (revenue +11.6% year-over-year).
- 2014: Revenue of $153K, expenses of $145K, and assets of $221K (revenue +9.4% year-over-year).
- 2013: Revenue of $140K, expenses of $119K, and assets of $209K (revenue +12.8% year-over-year).
- 2012: Revenue of $124K, expenses of $109K, and assets of $182K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boulder Area Rental Housingassociation:
Data Sources and Methodology
This transparency report for Boulder Area Rental Housingassociation 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.