Centerra Public Improvement Collection Corporation
Centerra Public Improvement Collection Corporation shows fluctuating financial performance with recent surpluses and no reported officer compensation.
EIN: 201342513 · Loveland, CO · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $2.6M |
| Program Spending | 80% |
| Net Assets | $522K |
| Transparency Score | 85/100 |
Is Centerra Public Improvement Collection Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Centerra Public Improvement Collection Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Centerra Public Improvement Collection Corporation
Centerra Public Improvement Collection Corporation (EIN: 201342513) is a nonprofit organization based in Loveland, CO, classified under NTEE code S20. The organization reported total revenue of $3.2M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centerra Public Improvement Collection Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Centerra Public Improvement Collection Corporation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$439K |
| Total Assets | $787K |
| Total Liabilities | $265K |
| Net Assets | $522K |
| Operating Margin | 14.3% |
| Debt-to-Asset Ratio | 33.6% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2023, Centerra Public Improvement Collection Corporation reported a surplus of $439K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 33.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Centerra Public Improvement Collection Corporation's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.9% | -10.8% | +93.9% |
| 2022 | +4.5% | -23.7% | +6.9% |
| 2021 | +19.9% | +195.0% | -71.6% |
| 2020 | -22.4% | -57.3% | +316.9% |
| 2019 | -1.8% | -24.7% | -17.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Centerra Public Improvement Collection Corporation 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, Centerra Public Improvement Collection Corporation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $439K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation directly from the organization, which is a strong positive for resource allocation.
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 Centerra Public Improvement Collection Corporation's IRS 990 filings:
- Significant year-to-year fluctuations in expenses and revenue, leading to occasional large deficits (e.g., $1M deficit in 2021, $1M deficit in 2018).
Strengths
The following positive indicators were identified for Centerra Public Improvement Collection Corporation:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for leadership.
- Recent financial periods (2023, 2022) show revenue exceeding expenses, indicating improved financial health.
- Substantial asset growth, with current assets at $2,131,176, providing a stronger financial base.
- Long filing history (13 filings) demonstrates consistent compliance and transparency.
Frequently Asked Questions about Centerra Public Improvement Collection Corporation
Is Centerra Public Improvement Collection Corporation a legitimate charity?
Centerra Public Improvement Collection Corporation (EIN: 201342513) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Centerra Public Improvement Collection Corporation spend its money?
Centerra Public Improvement Collection Corporation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Centerra Public Improvement Collection Corporation tax-deductible?
Centerra Public Improvement Collection Corporation is registered as a tax-exempt nonprofit (EIN: 201342513). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Centerra Public Improvement Collection Corporation's spending goes to programs?
Centerra Public Improvement Collection Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Centerra Public Improvement Collection Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Centerra Public Improvement Collection Corporation is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Centerra Public Improvement Collection Corporation located?
Centerra Public Improvement Collection Corporation is headquartered in Loveland, Colorado and files with the IRS under EIN 201342513. It is classified under NTEE code S20.
How many years of IRS 990 filings does Centerra Public Improvement Collection Corporation have?
Centerra Public Improvement Collection Corporation has 13 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 $3.2M in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without a detailed functional expense statement from the 990, it's difficult to provide exact percentages. However, the consistent zero officer compensation suggests a focus on direct mission-related activities or very low overhead.
How does the organization manage its significant year-to-year fluctuations in revenue and expenses?
The organization has experienced periods of both significant surpluses (e.g., 2023, 2020) and deficits (e.g., 2021, 2018). This suggests a need for robust financial planning and reserves to manage these variations, though recent years show a positive trend.
What is the nature of the 'Public Improvement Collection' and how does it relate to the NTEE code S20 (Community Improvement & Capacity Building)?
The NTEE code S20 aligns with community improvement. The 'Public Improvement Collection' likely refers to funding or managing projects that enhance public infrastructure or community assets, directly supporting its mission.
Filing History
IRS 990 filing history for Centerra Public Improvement Collection Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Centerra Public Improvement Collection Corporation's revenue has grown by 21.2%, moving from $2.5M to $3.1M. Total assets increased by 326.1% over the same period, from $185K to $787K. Total functional expenses rose by 9%, from $2.4M to $2.6M. In its most recent filing year (2023), Centerra Public Improvement Collection Corporation reported a surplus of $439K, with revenue exceeding expenses. The organization holds $265K in liabilities against $787K in assets (debt-to-asset ratio: 33.6%), resulting in net assets of $522K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $2.6M | $787K | $265K | — | View 990 |
| 2022 | $3.0M | $2.9M | $406K | $323K | — | — |
| 2021 | $2.8M | $3.9M | $380K | $303K | — | View 990 |
| 2020 | $2.4M | $1.3M | $1.3M | $223K | — | — |
| 2019 | $3.0M | $3.1M | $321K | $255K | — | View 990 |
| 2018 | $3.1M | $4.1M | $388K | $293K | — | View 990 |
| 2017 | $2.7M | $2.0M | $1.1M | $6K | — | View 990 |
| 2016 | $3.0M | $2.7M | $316K | $2K | — | View 990 |
| 2015 | $1.4M | $1.4M | $72K | $29K | — | View 990 |
| 2014 | $3.0M | $3.1M | $77K | $25K | — | View 990 |
| 2013 | $2.8M | $2.8M | $327K | $195K | — | View 990 |
| 2012 | $2.7M | $2.7M | $174K | $23K | — | View 990 |
| 2011 | $2.5M | $2.4M | $185K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $2.6M, and assets of $787K (revenue +3.9% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.9M, and assets of $406K (revenue +4.5% year-over-year).
- 2021: Revenue of $2.8M, expenses of $3.9M, and assets of $380K (revenue +19.9% year-over-year).
- 2020: Revenue of $2.4M, expenses of $1.3M, and assets of $1.3M (revenue -22.4% year-over-year).
- 2019: Revenue of $3.0M, expenses of $3.1M, and assets of $321K (revenue -1.8% year-over-year).
- 2018: Revenue of $3.1M, expenses of $4.1M, and assets of $388K (revenue +12.8% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.0M, and assets of $1.1M (revenue -8.6% year-over-year).
- 2016: Revenue of $3.0M, expenses of $2.7M, and assets of $316K (revenue +119.8% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.4M, and assets of $72K (revenue -54.9% year-over-year).
- 2014: Revenue of $3.0M, expenses of $3.1M, and assets of $77K (revenue +9.2% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.8M, and assets of $327K (revenue +2.9% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.7M, and assets of $174K (revenue +6.2% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.4M, and assets of $185K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Centerra Public Improvement Collection Corporation:
Data Sources and Methodology
This transparency report for Centerra Public Improvement Collection Corporation 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.