Castle Pines Scholarship Foundation Inc
Castle Pines Scholarship Foundation Inc maintains strong assets and zero officer compensation, indicating high program focus.
EIN: 203554283 · Castle Rock, CO · NTEE: B82 · Updated: 2026-03-28
Is Castle Pines Scholarship Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Castle Pines Scholarship Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Castle Pines Scholarship Foundation Inc
Castle Pines Scholarship Foundation Inc (EIN: 203554283) is a nonprofit organization based in Castle Rock, CO, classified under NTEE code B82. The organization reported total revenue of $792K and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Castle Pines Scholarship Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Castle Pines Scholarship Foundation Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $377K |
| Total Expenses | $291K |
| Surplus / Deficit | +$86K |
| Total Assets | $4.3M |
| Net Assets | $4.3M |
| Operating Margin | 22.8% |
| Months of Reserves | 176.8 months |
Financial Health Grade: A
In 2023, Castle Pines Scholarship Foundation Inc reported a surplus of $86K with revenue exceeding expenses, holds 176.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Castle Pines Scholarship Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.1% | +18.8% | +4.1% |
| 2022 | -8.5% | +3.9% | -3.8% |
| 2021 | -4.7% | +14.8% | +8.2% |
| 2020 | +28.9% | +5.0% | +10.3% |
| 2019 | +32.2% | -1.9% | +11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Castle Pines Scholarship Foundation Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Castle Pines Scholarship Foundation Inc 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:
- The organization reported a surplus of $86K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization with assets exceeding $4 million.
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 Castle Pines Scholarship Foundation Inc:
- Zero officer compensation, indicating volunteer leadership and high program focus.
- Consistent growth in assets, from $3,060,273 in 2014 to $4,289,781 in 2023.
- Zero liabilities reported in the latest filing (2023), demonstrating strong financial health.
- Positive operating margin in the latest period (Revenue $376,932 vs. Expenses $291,110).
- Long history of consistent IRS 990 filings (13 filings), indicating transparency.
Frequently Asked Questions about Castle Pines Scholarship Foundation Inc
Is Castle Pines Scholarship Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Castle Pines Scholarship Foundation Inc (EIN: 203554283) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Castle Pines Scholarship Foundation Inc spend its money?
Castle Pines Scholarship Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Castle Pines Scholarship Foundation Inc tax-deductible?
Castle Pines Scholarship Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203554283). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Castle Pines Scholarship Foundation Inc a good charity?
Based on the provided data, Castle Pines Scholarship Foundation Inc appears to be a very good charity. It has a strong asset base ($4,289,781 in 2023), zero liabilities, and crucially, 0% officer compensation, meaning all leadership is volunteer. This suggests a high dedication to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved, with assets growing from $3,060,273 in 2014 to $4,289,781 in 2023. Liabilities have also decreased significantly, reaching $0 in the latest filing, indicating excellent financial management and stability.
What is the organization's approach to executive compensation?
The organization has a highly commendable approach to executive compensation, reporting 0% officer compensation in all available filings. This means that its leadership serves on a volunteer basis, ensuring that more funds are directed towards its scholarship programs.
Filing History
IRS 990 filing history for Castle Pines Scholarship Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Castle Pines Scholarship Foundation Inc's revenue has grown by 53.1%, moving from $246K to $377K. Total assets increased by 72.5% over the same period, from $2.5M to $4.3M. Total functional expenses rose by 108%, from $140K to $291K. In its most recent filing year (2023), Castle Pines Scholarship Foundation Inc reported a surplus of $86K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $377K | $291K | $4.3M | $0 | — | — |
| 2022 | $449K | $245K | $4.1M | $0 | — | — |
| 2021 | $491K | $236K | $4.3M | $3K | — | View 990 |
| 2020 | $515K | $206K | $4.0M | $2K | — | View 990 |
| 2019 | $400K | $196K | $3.6M | $2K | — | View 990 |
| 2018 | $302K | $200K | $3.2M | $5K | — | View 990 |
| 2017 | $270K | $190K | $3.2M | $5K | — | View 990 |
| 2016 | $236K | $212K | $2.9M | $6K | — | View 990 |
| 2015 | $276K | $234K | $3.0M | $17K | — | View 990 |
| 2014 | $231K | $194K | $3.1M | $12K | — | View 990 |
| 2013 | $122K | $190K | $2.9M | $0 | — | View 990 |
| 2012 | $146K | $140K | $2.7M | $0 | — | View 990 |
| 2011 | $246K | $140K | $2.5M | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $377K, expenses of $291K, and assets of $4.3M (revenue -16.1% year-over-year).
- 2022: Revenue of $449K, expenses of $245K, and assets of $4.1M (revenue -8.5% year-over-year).
- 2021: Revenue of $491K, expenses of $236K, and assets of $4.3M (revenue -4.7% year-over-year).
- 2020: Revenue of $515K, expenses of $206K, and assets of $4.0M (revenue +28.9% year-over-year).
- 2019: Revenue of $400K, expenses of $196K, and assets of $3.6M (revenue +32.2% year-over-year).
- 2018: Revenue of $302K, expenses of $200K, and assets of $3.2M (revenue +12.0% year-over-year).
- 2017: Revenue of $270K, expenses of $190K, and assets of $3.2M (revenue +14.2% year-over-year).
- 2016: Revenue of $236K, expenses of $212K, and assets of $2.9M (revenue -14.3% year-over-year).
- 2015: Revenue of $276K, expenses of $234K, and assets of $3.0M (revenue +19.2% year-over-year).
- 2014: Revenue of $231K, expenses of $194K, and assets of $3.1M (revenue +89.9% year-over-year).
- 2013: Revenue of $122K, expenses of $190K, and assets of $2.9M (revenue -16.6% year-over-year).
- 2012: Revenue of $146K, expenses of $140K, and assets of $2.7M (revenue -40.7% year-over-year).
- 2011: Revenue of $246K, expenses of $140K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Castle Pines Scholarship Foundation Inc:
Data Sources and Methodology
This transparency report for Castle Pines Scholarship Foundation Inc 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.