Centennial Supportive Housing Center
Centennial Supportive Housing Center maintains strong assets despite consistent operational deficits and zero reported officer compensation.
EIN: 201940669 · Brush, CO · NTEE: L22 · Updated: 2026-03-28
About Centennial Supportive Housing Center
Centennial Supportive Housing Center (EIN: 201940669) is a nonprofit organization based in Brush, CO, classified under NTEE code L22. The organization reported total revenue of $226K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centennial Supportive Housing Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Centennial Supportive Housing Center with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Centennial Supportive Housing Center allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with assets over $2 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.
Red Flags
The following concerns were identified during AI analysis of Centennial Supportive Housing Center's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2023 revenue $137,908 vs. expenses $177,789)
- Slightly declining asset base over the past decade
Strengths
The following positive indicators were identified for Centennial Supportive Housing Center:
- Strong and stable asset base consistently over $2 million
- Extremely low liabilities across all filing periods
- 0% reported officer compensation, indicating efficient use of funds for leadership
- Consistent filing history demonstrating transparency
Frequently Asked Questions about Centennial Supportive Housing Center
Is Centennial Supportive Housing Center financially stable?
Yes, despite recent operational deficits (e.g., $137,908 revenue vs. $177,789 expenses in 2023), the organization maintains a strong asset base consistently over $2 million and very low liabilities, indicating long-term stability.
How does Centennial Supportive Housing Center manage executive compensation?
The organization reports 0% officer compensation across all available filings, suggesting a volunteer-led executive team or compensation structured in a way that minimizes overhead in this category.
Are the organization's expenses consistently higher than its revenue?
Yes, in most recent periods, expenses have slightly exceeded revenue. For example, in 2023, expenses were $177,789 against revenue of $137,908, and in 2022, expenses were $198,494 against revenue of $139,619.
What is the trend in the organization's assets?
The organization's assets have shown a slight downward trend over the past decade, from $2,651,635 in 2014 to $2,138,094 in 2023, but remain substantial and stable above $2 million.
Filing History
IRS 990 filing history for Centennial Supportive Housing Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Centennial Supportive Housing Center's revenue has grown by 23.8%, moving from $111K to $138K. Total assets decreased by 21.2% over the same period, from $2.7M to $2.1M. Total functional expenses rose by 17.7%, from $151K to $178K. In its most recent filing year (2023), Centennial Supportive Housing Center reported a deficit of $40K, with expenses exceeding revenue. The organization holds $11K in liabilities against $2.1M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $138K | $178K | $2.1M | $11K | — | — |
| 2022 | $140K | $198K | $2.2M | $19K | — | — |
| 2021 | $122K | $157K | $2.2M | $11K | — | View 990 |
| 2020 | $119K | $150K | $2.3M | $13K | — | View 990 |
| 2019 | $125K | $179K | $2.3M | $16K | — | View 990 |
| 2018 | $130K | $191K | $2.4M | $17K | — | View 990 |
| 2017 | $157K | $301K | $2.4M | $8K | — | View 990 |
| 2016 | $105K | $157K | $2.6M | $6K | — | View 990 |
| 2015 | $113K | $156K | $2.6M | $7K | — | View 990 |
| 2014 | $127K | $152K | $2.7M | $7K | — | View 990 |
| 2013 | $130K | $142K | $2.7M | $8K | — | View 990 |
| 2012 | $108K | $133K | $2.7M | $6K | — | View 990 |
| 2011 | $111K | $151K | $2.7M | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $138K, expenses of $178K, and assets of $2.1M (revenue -1.2% year-over-year).
- 2022: Revenue of $140K, expenses of $198K, and assets of $2.2M (revenue +14.1% year-over-year).
- 2021: Revenue of $122K, expenses of $157K, and assets of $2.2M (revenue +3.0% year-over-year).
- 2020: Revenue of $119K, expenses of $150K, and assets of $2.3M (revenue -5.2% year-over-year).
- 2019: Revenue of $125K, expenses of $179K, and assets of $2.3M (revenue -3.8% year-over-year).
- 2018: Revenue of $130K, expenses of $191K, and assets of $2.4M (revenue -17.3% year-over-year).
- 2017: Revenue of $157K, expenses of $301K, and assets of $2.4M (revenue +49.5% year-over-year).
- 2016: Revenue of $105K, expenses of $157K, and assets of $2.6M (revenue -7.1% year-over-year).
- 2015: Revenue of $113K, expenses of $156K, and assets of $2.6M (revenue -10.7% year-over-year).
- 2014: Revenue of $127K, expenses of $152K, and assets of $2.7M (revenue -2.1% year-over-year).
- 2013: Revenue of $130K, expenses of $142K, and assets of $2.7M (revenue +20.3% year-over-year).
- 2012: Revenue of $108K, expenses of $133K, and assets of $2.7M (revenue -3.3% year-over-year).
- 2011: Revenue of $111K, expenses of $151K, and assets of $2.7M.
Data Sources and Methodology
This transparency report for Centennial Supportive Housing 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.