Boulder Nordic Junior Racing Team
Boulder Nordic Junior Racing Team consistently operates with strong financial health and no reported officer compensation.
EIN: 200202166 · Boulder, CO · NTEE: N68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $140K |
| Total Expenses | $106K |
| Program Spending | 85% |
| Net Assets | $114K |
| Transparency Score | 90/100 |
Is Boulder Nordic Junior Racing Team Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boulder Nordic Junior Racing Team directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boulder Nordic Junior Racing Team
Boulder Nordic Junior Racing Team (EIN: 200202166) is a nonprofit organization based in Boulder, CO, classified under NTEE code N68. The organization reported total revenue of $140K and total assets of $115K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boulder Nordic Junior Racing Team's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boulder Nordic Junior Racing Team is a small nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $106K |
| Surplus / Deficit | +$15K |
| Total Assets | $114K |
| Net Assets | $114K |
| Operating Margin | 12.6% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2023, Boulder Nordic Junior Racing Team reported a surplus of $15K with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2012–2023), Boulder Nordic Junior Racing Team's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.9% | +3.4% | +14.6% |
| 2022 | +30.1% | +6.6% | +20.9% |
| 2021 | -36.7% | -35.3% | -6.0% |
| 2020 | -5.6% | -2.8% | -6.3% |
| 2019 | -7.6% | -5.5% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Nordic Junior Racing Team 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 Nordic Junior Racing Team 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is likely volunteer-based, which is highly efficient for a nonprofit of this 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.
Strengths
The following positive indicators were identified for Boulder Nordic Junior Racing Team:
- Consistent positive net income in recent years (e.g., $15,345 in 202305).
- Zero reported officer compensation across all filings, indicating volunteer leadership.
- Healthy and growing asset base, from $40,286 in 201305 to $113,899 in 202305.
- Minimal liabilities reported across all filings, indicating strong financial management.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Boulder Nordic Junior Racing Team
Is Boulder Nordic Junior Racing Team a legitimate charity?
Boulder Nordic Junior Racing Team (EIN: 200202166) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 90/100. It has 11 years of IRS 990 filings on record. Total revenue: $140K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Boulder Nordic Junior Racing Team spend its money?
Boulder Nordic Junior Racing Team directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Boulder Nordic Junior Racing Team tax-deductible?
Boulder Nordic Junior Racing Team is registered as a tax-exempt nonprofit (EIN: 200202166). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Boulder Nordic Junior Racing Team's spending goes to programs?
Boulder Nordic Junior Racing Team directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Boulder Nordic Junior Racing Team compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Boulder Nordic Junior Racing Team is above average for NTEE category N68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boulder Nordic Junior Racing Team located?
Boulder Nordic Junior Racing Team is headquartered in Boulder, Colorado and files with the IRS under EIN 200202166. It is classified under NTEE code N68.
How many years of IRS 990 filings does Boulder Nordic Junior Racing Team have?
Boulder Nordic Junior Racing Team has 11 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 $140K in total revenue.
Is Boulder Nordic Junior Racing Team a good charity?
Yes, Boulder Nordic Junior Racing Team appears to be a good charity. It consistently operates with a healthy financial position, minimal liabilities, and no reported officer compensation, suggesting efficient use of funds for its mission.
How has the organization's financial stability changed over time?
The organization has shown consistent growth in assets, from $40,286 in 201305 to $113,899 in 202305, and generally maintains a positive net income, indicating improving financial stability.
What is the trend in revenue and expenses?
Revenue and expenses have fluctuated but generally show growth over the long term, with recent years (202205, 202305) showing revenues exceeding expenses, indicating sustainable operations.
Filing History
IRS 990 filing history for Boulder Nordic Junior Racing Team showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Boulder Nordic Junior Racing Team's revenue has grown by 85.8%, moving from $65K to $122K. Total assets increased by 178.4% over the same period, from $41K to $114K. Total functional expenses rose by 62.5%, from $65K to $106K. In its most recent filing year (2023), Boulder Nordic Junior Racing Team reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $122K | $106K | $114K | $0 | — | View 990 |
| 2022 | $116K | $103K | $99K | $855 | — | View 990 |
| 2021 | $89K | $96K | $82K | $0 | — | View 990 |
| 2020 | $141K | $149K | $87K | $0 | — | View 990 |
| 2019 | $149K | $153K | $93K | $0 | — | View 990 |
| 2018 | $161K | $162K | $94K | $107 | — | View 990 |
| 2017 | $164K | $148K | $92K | $2K | — | View 990 |
| 2015 | $94K | $78K | $58K | $40 | — | View 990 |
| 2014 | $80K | $78K | $42K | $170 | — | View 990 |
| 2013 | $68K | $68K | $40K | $20 | — | View 990 |
| 2012 | $65K | $65K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $106K, and assets of $114K (revenue +4.9% year-over-year).
- 2022: Revenue of $116K, expenses of $103K, and assets of $99K (revenue +30.1% year-over-year).
- 2021: Revenue of $89K, expenses of $96K, and assets of $82K (revenue -36.7% year-over-year).
- 2020: Revenue of $141K, expenses of $149K, and assets of $87K (revenue -5.6% year-over-year).
- 2019: Revenue of $149K, expenses of $153K, and assets of $93K (revenue -7.6% year-over-year).
- 2018: Revenue of $161K, expenses of $162K, and assets of $94K (revenue -1.7% year-over-year).
- 2017: Revenue of $164K, expenses of $148K, and assets of $92K (revenue +73.9% year-over-year).
- 2015: Revenue of $94K, expenses of $78K, and assets of $58K (revenue +18.3% year-over-year).
- 2014: Revenue of $80K, expenses of $78K, and assets of $42K (revenue +17.8% year-over-year).
- 2013: Revenue of $68K, expenses of $68K, and assets of $40K (revenue +3.6% year-over-year).
- 2012: Revenue of $65K, expenses of $65K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boulder Nordic Junior Racing Team:
Data Sources and Methodology
This transparency report for Boulder Nordic Junior Racing Team 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.