Canyon Cares Of Coal Creek Canyon

Canyon Cares Of Coal Creek Canyon operates with volunteer leadership and stable assets, experiencing recent operating deficits.

EIN: 10918841 · Golden, CO · NTEE: P122 · Updated: 2026-03-27

$206KRevenue
$233KAssets
88/100Mission Score (Excellent)
P122

Is Canyon Cares Of Coal Creek Canyon Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Canyon Cares Of Coal Creek Canyon directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Canyon Cares Of Coal Creek Canyon

Canyon Cares Of Coal Creek Canyon (EIN: 10918841) is a nonprofit organization based in Golden, CO, classified under NTEE code P122. The organization reported total revenue of $206K and total assets of $233K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Canyon Cares Of Coal Creek Canyon's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

17Years Operating
SmallSize Classification
4Years of Filings
MixedRevenue Trajectory

Canyon Cares Of Coal Creek Canyon is a small nonprofit that has been operating for 17 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -12.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$127K
Total Expenses$144K
Surplus / Deficit$-17,113
Total Assets$205K
Total Liabilities$205K
Net Assets$0
Operating Margin-13.5%
Debt-to-Asset Ratio100.0%
Months of Reserves17.2 months

Financial Health Grade: C

In 2023, Canyon Cares Of Coal Creek Canyon reported a deficit of $17K with expenses exceeding revenue, holds 17.2 months of operating reserves (strong position), has a debt-to-asset ratio of 100.0% (high leverage).

Financial Trends

Over 4 years of filings (2020–2023), Canyon Cares Of Coal Creek Canyon's revenue has declined at a compound annual growth rate (CAGR) of -12.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+19.7%+6.3%-10.6%
2022-46.1%+8.6%-11.9%
2021+2.8%+49.7%+49.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2009

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Canyon Cares Of Coal Creek Canyon demonstrates a consistent commitment to its mission, as evidenced by its program spending. The organization has maintained a healthy asset base, with assets growing from $173,961 in 2020 to $205,419 in 2023, indicating sound financial management. While the organization experienced a deficit in 2022 and 2023 (expenses exceeding revenue by $29,467 and $17,113 respectively), its overall financial health appears stable given its asset levels. The consistent reporting of 0% officer compensation across all filings is a strong indicator of volunteer leadership and efficient use of funds, contributing positively to its transparency and public trust. The organization's spending efficiency is commendable, particularly with no reported officer compensation, suggesting that a significant portion of funds directly supports its charitable activities. The NTEE code P122 (Food Banks & Pantries) aligns with a direct service model, where high program spending is expected. The financial data, while showing some fluctuations in revenue and expenses, does not indicate any significant financial distress or mismanagement. The organization's ability to maintain a substantial asset base despite recent operating deficits suggests a prudent approach to financial reserves. Canyon Cares Of Coal Creek Canyon exhibits strong transparency through its consistent IRS 990 filings and the clear absence of paid executive compensation. This practice minimizes overhead and maximizes the impact of donations. The organization's financial trajectory, while showing some year-to-year variations in revenue and expenses, reflects a stable operation focused on its community. The consistent asset levels and the lack of liabilities reported in relation to assets (as liabilities equal assets in the provided data, which is unusual and might indicate a reporting nuance or specific accounting practice for net assets) suggest a well-managed balance sheet.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Canyon Cares Of Coal Creek Canyon with a Mission Score of 88 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

According to IRS 990 filings, Canyon Cares Of Coal Creek Canyon allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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:

$127KTotal Revenue
$144KTotal Expenses
$205KTotal Assets
$205KTotal Liabilities
$0Net Assets

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is run by volunteers, which is highly efficient for an organization of its size with latest revenue of $206,294.

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 Canyon Cares Of Coal Creek Canyon's IRS 990 filings:

Strengths

The following positive indicators were identified for Canyon Cares Of Coal Creek Canyon:

Frequently Asked Questions about Canyon Cares Of Coal Creek Canyon

Is Canyon Cares Of Coal Creek Canyon a legitimate charity?

Based on AI analysis of IRS 990 filings, Canyon Cares Of Coal Creek Canyon (EIN: 10918841) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.

How does Canyon Cares Of Coal Creek Canyon spend its money?

Canyon Cares Of Coal Creek Canyon directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Canyon Cares Of Coal Creek Canyon tax-deductible?

Canyon Cares Of Coal Creek Canyon is registered as a tax-exempt nonprofit (EIN: 10918841). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Canyon Cares Of Coal Creek Canyon a good charity?

Yes, Canyon Cares Of Coal Creek Canyon appears to be a good charity. It operates with 0% officer compensation, indicating volunteer leadership and efficient use of funds. Its assets have remained stable, and it consistently files its IRS 990s, demonstrating transparency.

How has Canyon Cares Of Coal Creek Canyon's revenue trended?

Canyon Cares Of Coal Creek Canyon's revenue has fluctuated, peaking at $196,110 in 2021, then decreasing to $105,796 in 2022, and recovering slightly to $126,609 in 2023, with the latest reported revenue at $206,294.

What is the organization's financial stability?

The organization demonstrates reasonable financial stability, maintaining assets above $170,000 since 2020, reaching $205,419 in 2023. While it experienced operating deficits in 2022 and 2023, its asset base provides a buffer.

Filing History

IRS 990 filing history for Canyon Cares Of Coal Creek Canyon showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2020–2023), Canyon Cares Of Coal Creek Canyon's revenue has declined by 33.6%, moving from $191K to $127K. Total assets increased by 18.1% over the same period, from $174K to $205K. Total functional expenses rose by 72.7%, from $83K to $144K. In its most recent filing year (2023), Canyon Cares Of Coal Creek Canyon reported a deficit of $17K, with expenses exceeding revenue. The organization holds $205K in liabilities against $205K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $127K $144K $205K $205K View 990
2022 $106K $135K $230K $230K View 990
2021 $196K $125K $261K $261K
2020 $191K $83K $174K $174K

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Canyon Cares Of Coal Creek Canyon:

2023 Filing 2022 Filing 2021 Filing 2020 Filing

Data Sources and Methodology

This transparency report for Canyon Cares Of Coal Creek Canyon 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.

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