Breckenridge History

Breckenridge History experiences significant revenue growth and asset accumulation, with a notable increase in liabilities in 2023.

EIN: 208196263 · Breckenridge, CO · NTEE: A80 · Updated: 2026-03-28

$1.2MRevenue

$406KAssets

85/100Mission Score (Excellent)

A80

About Breckenridge History

Breckenridge History (EIN: 208196263) is a nonprofit organization based in Breckenridge, CO, classified under NTEE code A80. The organization reported total revenue of $1.2M and total assets of $406K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Breckenridge History's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Breckenridge History demonstrates a generally healthy financial trajectory, particularly in recent years. The organization has shown significant revenue growth, more than doubling from $684,104 in 2021 to $2,444,085 in 2023. This growth has been accompanied by a corresponding increase in assets, from $308,240 in 2021 to $610,453 in 2023, indicating a strengthening financial position. The organization consistently spends less than or close to its revenue, as seen in 2023 where expenses were $2,237,995 against $2,444,085 in revenue, contributing to asset accumulation.

Spending efficiency appears reasonable, with expenses generally aligned with revenue. While specific program, administrative, and fundraising breakdowns are not provided in the summary data, the overall financial health suggests effective management of resources. The consistent reporting of zero officer compensation across all available filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for transparency and donor confidence.

However, a notable point in the 2023 filing is the significant increase in liabilities to $2,783,000, a substantial jump from previous years (e.g., $9,161 in 2022). This warrants further investigation to understand the nature of these liabilities and their potential impact on future financial stability. Despite this, the overall trend of revenue growth and asset accumulation suggests a well-managed and growing nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Breckenridge History 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, Breckenridge History 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 no officer salaries are paid, which is highly favorable for directing funds to the mission.

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 Breckenridge History's IRS 990 filings:

Significant increase in liabilities to $2,783,000 in 2023, up from $9,161 in 2022, requiring further investigation.

Strengths

The following positive indicators were identified for Breckenridge History:

Strong revenue growth, more than doubling from $684,104 in 2021 to $2,444,085 in 2023.
Consistent asset accumulation, increasing from $308,240 in 2021 to $610,453 in 2023.
Zero officer compensation reported across all available filings, indicating high dedication of funds to mission.
Generally positive net income (revenue exceeding expenses) in most recent years, contributing to financial stability.

Frequently Asked Questions about Breckenridge History

Is Breckenridge History a good charity?

Based on the provided data, Breckenridge History appears to be a good charity. It demonstrates strong revenue growth, consistent asset accumulation, and a commitment to its mission by reporting 0% officer compensation across all filings. The significant increase in liabilities in 2023 is a point to investigate further, but overall financial health trends are positive.

What caused the substantial increase in liabilities in 2023?

The provided data does not specify the cause of the jump in liabilities from $9,161 in 2022 to $2,783,000 in 2023. This would require reviewing the full IRS Form 990 for 2023, specifically Schedule D (Supplemental Financial Statements), to understand the nature of these liabilities (e.g., mortgages, bonds, program-related investments).

How does Breckenridge History's program spending compare to similar organizations?

Without specific program spending percentages from the provided summary data, a direct comparison is difficult. However, the overall financial health and the absence of executive compensation suggest a strong focus on mission-related activities, which is generally a positive indicator for program efficiency.

Filing History

IRS 990 filing history for Breckenridge History showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Breckenridge History's revenue has grown by 256.6%, moving from $685K to $2.4M. Total assets increased by 458.4% over the same period, from $109K to $610K. Total functional expenses rose by 226.7%, from $685K to $2.2M. In its most recent filing year (2023), Breckenridge History reported a surplus of $206K, with revenue exceeding expenses. The organization holds $3K in liabilities against $610K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $608K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.4M	$2.2M	$610K	$3K	—	View 990
2022	$1.9M	$1.8M	$411K	$9K	—	View 990
2021	$684K	$696K	$308K	$4K	—	—
2020	$645K	$844K	$318K	$2K	—	View 990
2019	$1.3M	$1.0M	$519K	$3K	—	View 990
2018	$957K	$1.0M	$260K	$2K	—	View 990
2017	$803K	$644K	$350K	$5K	—	View 990
2016	$1.0M	$948K	$193K	$8K	—	View 990
2015	$802K	$1.2M	$107K	$3K	—	View 990
2014	$1.2M	$923K	$464K	$10K	—	View 990
2013	$993K	$843K	$221K	$21K	—	View 990
2012	$448K	$460K	$58K	$8K	—	View 990
2011	$685K	$685K	$109K	$47K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.4M, expenses of $2.2M, and assets of $610K (revenue +30.7% year-over-year).
2022: Revenue of $1.9M, expenses of $1.8M, and assets of $411K (revenue +173.4% year-over-year).
2021: Revenue of $684K, expenses of $696K, and assets of $308K (revenue +6.1% year-over-year).
2020: Revenue of $645K, expenses of $844K, and assets of $318K (revenue -49.9% year-over-year).
2019: Revenue of $1.3M, expenses of $1.0M, and assets of $519K (revenue +34.5% year-over-year).
2018: Revenue of $957K, expenses of $1.0M, and assets of $260K (revenue +19.1% year-over-year).
2017: Revenue of $803K, expenses of $644K, and assets of $350K (revenue -22.0% year-over-year).
2016: Revenue of $1.0M, expenses of $948K, and assets of $193K (revenue +28.5% year-over-year).
2015: Revenue of $802K, expenses of $1.2M, and assets of $107K (revenue -31.9% year-over-year).
2014: Revenue of $1.2M, expenses of $923K, and assets of $464K (revenue +18.6% year-over-year).
2013: Revenue of $993K, expenses of $843K, and assets of $221K (revenue +121.8% year-over-year).
2012: Revenue of $448K, expenses of $460K, and assets of $58K (revenue -34.7% year-over-year).
2011: Revenue of $685K, expenses of $685K, and assets of $109K.

Data Sources and Methodology

This transparency report for Breckenridge History 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.