Casas Del Rio Grande
Casas Del Rio Grande consistently operates at a deficit, leading to a steady decline in assets despite zero officer compensation.
EIN: 134257671 · Westminster, CO · NTEE: T70 · Updated: 2026-03-28
Is Casas Del Rio Grande Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Casas Del Rio Grande directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Casas Del Rio Grande
Casas Del Rio Grande (EIN: 134257671) is a nonprofit organization based in Westminster, CO, classified under NTEE code T70. The organization reported total revenue of $223K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Casas Del Rio Grande's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Casas Del Rio Grande is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $239K |
| Total Expenses | $363K |
| Surplus / Deficit | $-123,616 |
| Total Assets | $2.2M |
| Total Liabilities | $137K |
| Net Assets | $2.0M |
| Operating Margin | -51.7% |
| Debt-to-Asset Ratio | 6.3% |
| Months of Reserves | 71.8 months |
Financial Health Grade: B
In 2024, Casas Del Rio Grande reported a deficit of $124K with expenses exceeding revenue, holds 71.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.3% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Casas Del Rio Grande's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +19.1% | +9.1% | -6.5% |
| 2023 | -16.3% | +9.7% | -5.4% |
| 2022 | -2.0% | +3.4% | -4.3% |
| 2021 | -0.5% | +0.4% | +-0.0% |
| 2020 | +-0.0% | -3.7% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Casas Del Rio Grande with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Casas Del Rio Grande allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $124K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with over $2 million in assets.
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 Casas Del Rio Grande's IRS 990 filings:
- Consistent operational deficits: Expenses have exceeded revenue in every reported period (e.g., $362,716 expenses vs. $239,100 revenue in 202403).
- Declining asset base: Assets have decreased from $2,814,576 in 201503 to $2,170,923 in 202403.
- Potential long-term sustainability issues due to ongoing deficit spending.
Strengths
The following positive indicators were identified for Casas Del Rio Grande:
- Zero officer compensation: Leadership is entirely volunteer-based, indicating a strong commitment to the mission.
- Consistent IRS 990 filing history (14 filings), demonstrating transparency.
- Maintains substantial assets ($2,170,923 in 202403) relative to its annual revenue, providing a buffer despite deficit spending.
Frequently Asked Questions about Casas Del Rio Grande
Is Casas Del Rio Grande a legitimate charity?
Based on AI analysis of IRS 990 filings, Casas Del Rio Grande (EIN: 134257671) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Casas Del Rio Grande spend its money?
Casas Del Rio Grande directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Casas Del Rio Grande tax-deductible?
Casas Del Rio Grande is registered as a tax-exempt nonprofit (EIN: 134257671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Casas Del Rio Grande financially sustainable in the long term?
The organization's consistent operational deficits, where expenses have exceeded revenue in every reported period (e.g., $362,716 expenses vs. $239,100 revenue in 202403), raise significant concerns about its long-term financial sustainability without a change in its financial model.
Why are the organization's assets declining?
Assets have steadily declined from $2,814,576 in 201503 to $2,170,923 in 202403, primarily due to the organization consistently spending more than it earns each year, drawing down its reserves.
What is the organization's program spending ratio?
The provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses, making it impossible to calculate the exact program spending ratio from the given information.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation across all 14 available IRS 990 filings, indicating a volunteer leadership structure.
Filing History
IRS 990 filing history for Casas Del Rio Grande showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Casas Del Rio Grande's revenue has grown by 41.6%, moving from $169K to $239K. Total assets decreased by 28.8% over the same period, from $3.1M to $2.2M. Total functional expenses rose by 64.1%, from $221K to $363K. In its most recent filing year (2024), Casas Del Rio Grande reported a deficit of $124K, with expenses exceeding revenue. The organization holds $137K in liabilities against $2.2M in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $239K | $363K | $2.2M | $137K | — | — |
| 2023 | $201K | $332K | $2.3M | $165K | — | View 990 |
| 2022 | $240K | $303K | $2.5M | $166K | — | View 990 |
| 2021 | $245K | $293K | $2.6M | $212K | — | — |
| 2020 | $246K | $292K | $2.6M | $165K | — | View 990 |
| 2019 | $246K | $303K | $2.6M | $190K | — | View 990 |
| 2018 | $239K | $288K | $2.7M | $166K | — | View 990 |
| 2017 | $230K | $268K | $2.7M | $161K | — | View 990 |
| 2016 | $209K | $279K | $2.8M | $160K | — | View 990 |
| 2015 | $191K | $247K | $2.8M | $154K | — | View 990 |
| 2014 | $216K | $263K | $2.9M | $160K | — | View 990 |
| 2013 | $219K | $272K | $2.9M | $174K | — | View 990 |
| 2012 | $173K | $236K | $3.0M | $155K | — | View 990 |
| 2011 | $169K | $221K | $3.1M | $172K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $239K, expenses of $363K, and assets of $2.2M (revenue +19.1% year-over-year).
- 2023: Revenue of $201K, expenses of $332K, and assets of $2.3M (revenue -16.3% year-over-year).
- 2022: Revenue of $240K, expenses of $303K, and assets of $2.5M (revenue -2.0% year-over-year).
- 2021: Revenue of $245K, expenses of $293K, and assets of $2.6M (revenue -0.5% year-over-year).
- 2020: Revenue of $246K, expenses of $292K, and assets of $2.6M (revenue +-0.0% year-over-year).
- 2019: Revenue of $246K, expenses of $303K, and assets of $2.6M (revenue +2.8% year-over-year).
- 2018: Revenue of $239K, expenses of $288K, and assets of $2.7M (revenue +4.1% year-over-year).
- 2017: Revenue of $230K, expenses of $268K, and assets of $2.7M (revenue +9.8% year-over-year).
- 2016: Revenue of $209K, expenses of $279K, and assets of $2.8M (revenue +9.5% year-over-year).
- 2015: Revenue of $191K, expenses of $247K, and assets of $2.8M (revenue -11.4% year-over-year).
- 2014: Revenue of $216K, expenses of $263K, and assets of $2.9M (revenue -1.7% year-over-year).
- 2013: Revenue of $219K, expenses of $272K, and assets of $2.9M (revenue +26.7% year-over-year).
- 2012: Revenue of $173K, expenses of $236K, and assets of $3.0M (revenue +2.6% year-over-year).
- 2011: Revenue of $169K, expenses of $221K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Casas Del Rio Grande:
Data Sources and Methodology
This transparency report for Casas Del Rio Grande 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.