Catholic Benefits Association Lca
EIN: 464009437 · Castle Rock, CO
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $1.7M |
| Net Assets | $2.7M |
Is Catholic Benefits Association Lca Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Catholic Benefits Association Lca
Catholic Benefits Association Lca (EIN: 464009437) is a nonprofit organization based in Castle Rock, CO. The organization reported total revenue of $2.9M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Benefits Association Lca's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Benefits Association Lca is a mid-size nonprofit that has been operating for 80 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$219K |
| Total Assets | $3.0M |
| Total Liabilities | $283K |
| Net Assets | $2.7M |
| Operating Margin | 11.6% |
| Debt-to-Asset Ratio | 9.6% |
| Months of Reserves | 21.2 months |
Financial Health Grade: A
In 2023, Catholic Benefits Association Lca reported a surplus of $219K with revenue exceeding expenses, holds 21.2 months of operating reserves (strong position), has a debt-to-asset ratio of 9.6% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Catholic Benefits Association Lca's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.9% | +26.2% | +18.0% |
| 2022 | +21.0% | -0.7% | +14.1% |
| 2021 | +51.1% | +35.4% | -13.2% |
| 2020 | -21.8% | +44.6% | -3.3% |
| 2019 | -38.4% | -55.4% | -7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Catholic Benefits Association Lca has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Catholic Benefits Association Lca with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $219K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.6%.
Frequently Asked Questions about Catholic Benefits Association Lca
Is Catholic Benefits Association Lca a legitimate charity?
Catholic Benefits Association Lca (EIN: 464009437) is a registered tax-exempt nonprofit based in Colorado. It has 9 years of IRS 990 filings on record. Total revenue: $2.9M. No red flags identified. Financial health grade: A.
How does Catholic Benefits Association Lca spend its money?
Catholic Benefits Association Lca reported $2.9M in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Catholic Benefits Association Lca tax-deductible?
Catholic Benefits Association Lca is registered as a tax-exempt nonprofit (EIN: 464009437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Catholic Benefits Association Lca located?
Catholic Benefits Association Lca is headquartered in Castle Rock, Colorado and files with the IRS under EIN 464009437.
How many years of IRS 990 filings does Catholic Benefits Association Lca have?
Catholic Benefits Association Lca has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.9M in total revenue.
Filing History
IRS 990 filing history for Catholic Benefits Association Lca showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Catholic Benefits Association Lca's revenue has grown by 104.3%, moving from $924K to $1.9M. Total assets increased by 113.1% over the same period, from $1.4M to $3.0M. Total functional expenses rose by 89.8%, from $878K to $1.7M. In its most recent filing year (2023), Catholic Benefits Association Lca reported a surplus of $219K, with revenue exceeding expenses. The organization holds $283K in liabilities against $3.0M in assets (debt-to-asset ratio: 9.6%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.7M | $3.0M | $283K | — | — |
| 2022 | $1.7M | $1.3M | $2.5M | $82K | — | View 990 |
| 2021 | $1.4M | $1.3M | $2.2M | $108K | — | View 990 |
| 2020 | $906K | $983K | $2.5M | $38K | — | — |
| 2019 | $1.2M | $680K | $2.6M | $46K | — | View 990 |
| 2018 | $1.9M | $1.5M | $2.8M | $747K | — | View 990 |
| 2017 | $1.2M | $951K | $1.9M | $125K | — | View 990 |
| 2016 | $978K | $847K | $1.5M | $25K | — | View 990 |
| 2015 | $924K | $878K | $1.4M | $69 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.7M, and assets of $3.0M (revenue +13.9% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.3M, and assets of $2.5M (revenue +21.0% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $2.2M (revenue +51.1% year-over-year).
- 2020: Revenue of $906K, expenses of $983K, and assets of $2.5M (revenue -21.8% year-over-year).
- 2019: Revenue of $1.2M, expenses of $680K, and assets of $2.6M (revenue -38.4% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.5M, and assets of $2.8M (revenue +60.6% year-over-year).
- 2017: Revenue of $1.2M, expenses of $951K, and assets of $1.9M (revenue +19.6% year-over-year).
- 2016: Revenue of $978K, expenses of $847K, and assets of $1.5M (revenue +5.9% year-over-year).
- 2015: Revenue of $924K, expenses of $878K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Benefits Association Lca:
Data Sources and Methodology
This transparency report for Catholic Benefits Association Lca 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.