Cal Wood Education Center
Cal Wood Education Center consistently grows revenue and assets with zero reported officer compensation.
EIN: 202472544 · Jamestown, CO · NTEE: C60 · Updated: 2026-03-28
Is Cal Wood Education Center Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cal Wood Education Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cal Wood Education Center
Cal Wood Education Center (EIN: 202472544) is a nonprofit organization based in Jamestown, CO, classified under NTEE code C60. The organization reported total revenue of $2.5M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cal Wood Education Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cal Wood Education Center is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$209K |
| Total Assets | $1.9M |
| Total Liabilities | $240K |
| Net Assets | $1.7M |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 12.5% |
| Months of Reserves | 11.9 months |
Financial Health Grade: A
In 2023, Cal Wood Education Center reported a surplus of $209K with revenue exceeding expenses, holds 11.9 months of operating reserves (strong position), has a debt-to-asset ratio of 12.5% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Cal Wood Education Center's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.3% | +31.3% | +16.0% |
| 2022 | +8.8% | +36.2% | +20.8% |
| 2021 | +8.8% | +10.8% | +27.0% |
| 2020 | -16.1% | -39.3% | +89.3% |
| 2019 | +9.1% | +8.2% | +14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Cal Wood Education Center 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, Cal Wood Education Center 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $209K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.5%.
Executive Compensation Analysis
Cal Wood Education Center reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which significantly reduces administrative overhead.
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 Cal Wood Education Center:
- Consistent revenue growth, from $1.1M in 2014 to $2.1M in 2023.
- Significant asset accumulation, growing from $714K in 2014 to $1.9M in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Consistent operational surplus, with revenue exceeding expenses in most reported years.
- Low liabilities relative to assets, demonstrating strong financial stability.
Frequently Asked Questions about Cal Wood Education Center
Is Cal Wood Education Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Cal Wood Education Center (EIN: 202472544) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Cal Wood Education Center spend its money?
Cal Wood Education Center directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cal Wood Education Center tax-deductible?
Cal Wood Education Center is registered as a tax-exempt nonprofit (EIN: 202472544). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Cal Wood Education Center a good charity?
Based on the provided IRS 990 data, Cal Wood Education Center appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, significant asset accumulation, and remarkably, zero reported officer compensation, suggesting a high degree of efficiency and dedication to its mission.
How has Cal Wood Education Center's financial health changed over time?
Cal Wood Education Center's financial health has significantly improved over time. Revenue has nearly doubled from $1,100,890 in 2014 to $2,149,076 in 2023, and assets have grown from $714,318 to $1,920,828 in the same period, indicating robust growth and financial stability.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly efficient, with 0% officer compensation reported across all 14 available filings. This suggests that leadership roles are either volunteer-based or compensated through non-officer categories, which directly benefits program spending.
Filing History
IRS 990 filing history for Cal Wood Education Center showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Cal Wood Education Center's revenue has grown by 187%, moving from $749K to $2.1M. Total assets increased by 238.7% over the same period, from $567K to $1.9M. Total functional expenses rose by 136.4%, from $820K to $1.9M. In its most recent filing year (2023), Cal Wood Education Center reported a surplus of $209K, with revenue exceeding expenses. The organization holds $240K in liabilities against $1.9M in assets (debt-to-asset ratio: 12.5%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.9M | $1.9M | $240K | — | — |
| 2022 | $1.6M | $1.5M | $1.7M | $198K | — | View 990 |
| 2021 | $1.5M | $1.1M | $1.4M | $51K | — | View 990 |
| 2020 | $1.4M | $978K | $1.1M | $181K | — | View 990 |
| 2019 | $1.6M | $1.6M | $570K | $194K | — | View 990 |
| 2018 | $1.5M | $1.5M | $499K | $156K | — | View 990 |
| 2017 | $1.8M | $1.3M | $1.4M | $131K | — | View 990 |
| 2016 | $1.3M | $1.2M | $1.1M | $282K | — | View 990 |
| 2015 | $1.1M | $1.0M | $783K | $114K | — | View 990 |
| 2014 | $1.1M | $1.0M | $714K | $115K | — | View 990 |
| 2013 | $960K | $989K | $678K | $139K | — | View 990 |
| 2012 | $901K | $967K | $537K | $24K | — | View 990 |
| 2011 | $826K | $894K | $679K | $103K | — | View 990 |
| 2010 | $749K | $820K | $567K | $75K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.9M, and assets of $1.9M (revenue +31.3% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $1.7M (revenue +8.8% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.1M, and assets of $1.4M (revenue +8.8% year-over-year).
- 2020: Revenue of $1.4M, expenses of $978K, and assets of $1.1M (revenue -16.1% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.6M, and assets of $570K (revenue +9.1% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.5M, and assets of $499K (revenue -16.8% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.3M, and assets of $1.4M (revenue +36.2% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $1.1M (revenue +19.9% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.0M, and assets of $783K (revenue +1.1% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $714K (revenue +14.6% year-over-year).
- 2013: Revenue of $960K, expenses of $989K, and assets of $678K (revenue +6.6% year-over-year).
- 2012: Revenue of $901K, expenses of $967K, and assets of $537K (revenue +9.1% year-over-year).
- 2011: Revenue of $826K, expenses of $894K, and assets of $679K (revenue +10.2% year-over-year).
- 2010: Revenue of $749K, expenses of $820K, and assets of $567K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cal Wood Education Center:
Data Sources and Methodology
This transparency report for Cal Wood Education Center 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.