Centerra Retail Sales Fee Corporation
Centerra Retail Sales Fee Corporation maintains consistent revenue and zero executive compensation, but carries substantial liabilities.
EIN: 201342544 · Loveland, CO · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $454K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $-5,111,769 |
| Transparency Score | 70/100 |
Is Centerra Retail Sales Fee Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Centerra Retail Sales Fee Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Centerra Retail Sales Fee Corporation
Centerra Retail Sales Fee Corporation (EIN: 201342544) is a nonprofit organization based in Loveland, CO, classified under NTEE code S20. The organization reported total revenue of $1.2M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centerra Retail Sales Fee Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Centerra Retail Sales Fee 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 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $454K |
| Surplus / Deficit | +$625K |
| Total Assets | $2.0M |
| Total Liabilities | $7.1M |
| Net Assets | $-5,111,769 |
| Operating Margin | 57.9% |
| Debt-to-Asset Ratio | 355.0% |
| Months of Reserves | 53.0 months |
Financial Health Grade: A
In 2023, Centerra Retail Sales Fee Corporation reported a surplus of $625K with revenue exceeding expenses, holds 53.0 months of operating reserves (strong position), has a debt-to-asset ratio of 355.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Centerra Retail Sales Fee Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.4% | -7.4% | +10.4% |
| 2022 | +3.3% | -4.0% | -2.2% |
| 2021 | +23.3% | -3.3% | +9.3% |
| 2020 | -21.1% | -20.5% | -14.6% |
| 2019 | +1.4% | +58.3% | +3.7% |
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 Retail Sales Fee Corporation with a Mission Score of 70 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: 80%
- fundraising: 5%
According to IRS 990 filings, Centerra Retail Sales Fee 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 $625K, with revenue exceeding expenses.
- Debt-to-asset ratio: 355.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for a nonprofit of its size with annual revenues approaching $1 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 Centerra Retail Sales Fee Corporation's IRS 990 filings:
- Consistently high liabilities significantly exceeding assets (e.g., $7.1M liabilities vs. $2.0M assets in 2023)
- Lack of detailed program expense breakdown in provided data, hindering full assessment of mission impact.
Strengths
The following positive indicators were identified for Centerra Retail Sales Fee Corporation:
- Consistent revenue generation, averaging nearly $1 million annually.
- Zero officer compensation reported across all filings, indicating strong financial stewardship regarding executive pay.
- Expenses generally well below revenue, suggesting operational efficiency in managing day-to-day costs (e.g., $1.07M revenue vs. $453K expenses in 2023).
Frequently Asked Questions about Centerra Retail Sales Fee Corporation
Is Centerra Retail Sales Fee Corporation a legitimate charity?
Centerra Retail Sales Fee Corporation (EIN: 201342544) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Centerra Retail Sales Fee Corporation spend its money?
Centerra Retail Sales Fee Corporation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Centerra Retail Sales Fee Corporation tax-deductible?
Centerra Retail Sales Fee Corporation is registered as a tax-exempt nonprofit (EIN: 201342544). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Centerra Retail Sales Fee Corporation CEO make?
Centerra Retail Sales Fee Corporation's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Centerra Retail Sales Fee Corporation's spending goes to programs?
Centerra Retail Sales Fee Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Centerra Retail Sales Fee Corporation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Centerra Retail Sales Fee 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 Retail Sales Fee Corporation located?
Centerra Retail Sales Fee Corporation is headquartered in Loveland, Colorado and files with the IRS under EIN 201342544. It is classified under NTEE code S20.
How many years of IRS 990 filings does Centerra Retail Sales Fee Corporation have?
Centerra Retail Sales Fee 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 $1.2M in total revenue.
What is the nature of Centerra Retail Sales Fee Corporation's substantial liabilities, which consistently exceed its assets?
The filings consistently show liabilities ranging from $7 million to over $10 million, significantly higher than assets (typically $1.6M - $2M). Understanding the composition of these liabilities (e.g., long-term debt, deferred revenue, specific obligations) is crucial for assessing financial risk.
How does Centerra Retail Sales Fee Corporation allocate its expenses between program services, administrative costs, and fundraising?
While total expenses are reported, a detailed breakdown of program service expenses versus administrative and fundraising costs is not readily available in the provided summary, making it difficult to fully assess spending efficiency and mission alignment.
Given the NTEE code S20 (Community Improvement & Capacity Building), what specific programs or activities does Centerra Retail Sales Fee Corporation undertake?
The NTEE code indicates a focus on community improvement, but without specific program descriptions, it's unclear how the organization's revenue and expenses translate into tangible community benefits.
Filing History
IRS 990 filing history for Centerra Retail Sales Fee Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Centerra Retail Sales Fee Corporation's revenue has grown by 38.3%, moving from $781K to $1.1M. Total assets increased by 114.9% over the same period, from $933K to $2.0M. Total functional expenses fell by 31.3%, from $661K to $454K. In its most recent filing year (2023), Centerra Retail Sales Fee Corporation reported a surplus of $625K, with revenue exceeding expenses. The organization holds $7.1M in liabilities against $2.0M in assets (debt-to-asset ratio: 355.0%), resulting in net assets of $-5,111,769.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $454K | $2.0M | $7.1M | — | View 990 |
| 2022 | $986K | $490K | $1.8M | $7.6M | — | — |
| 2021 | $955K | $511K | $1.9M | $8.1M | — | View 990 |
| 2020 | $775K | $528K | $1.7M | $8.4M | — | — |
| 2019 | $982K | $665K | $2.0M | $8.9M | — | View 990 |
| 2018 | $968K | $420K | $1.9M | $9.2M | — | View 990 |
| 2017 | $930K | $568K | $2.0M | $9.7M | — | View 990 |
| 2016 | $983K | $3.0M | $2.0M | $10.1M | — | View 990 |
| 2015 | $939K | $621K | $1.6M | $7.7M | — | View 990 |
| 2014 | $906K | $650K | $1.4M | $7.8M | — | View 990 |
| 2013 | $849K | $654K | $1.2M | $7.8M | — | View 990 |
| 2012 | $756K | $647K | $995K | $7.9M | — | View 990 |
| 2011 | $781K | $661K | $933K | $7.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $454K, and assets of $2.0M (revenue +9.4% year-over-year).
- 2022: Revenue of $986K, expenses of $490K, and assets of $1.8M (revenue +3.3% year-over-year).
- 2021: Revenue of $955K, expenses of $511K, and assets of $1.9M (revenue +23.3% year-over-year).
- 2020: Revenue of $775K, expenses of $528K, and assets of $1.7M (revenue -21.1% year-over-year).
- 2019: Revenue of $982K, expenses of $665K, and assets of $2.0M (revenue +1.4% year-over-year).
- 2018: Revenue of $968K, expenses of $420K, and assets of $1.9M (revenue +4.1% year-over-year).
- 2017: Revenue of $930K, expenses of $568K, and assets of $2.0M (revenue -5.4% year-over-year).
- 2016: Revenue of $983K, expenses of $3.0M, and assets of $2.0M (revenue +4.7% year-over-year).
- 2015: Revenue of $939K, expenses of $621K, and assets of $1.6M (revenue +3.6% year-over-year).
- 2014: Revenue of $906K, expenses of $650K, and assets of $1.4M (revenue +6.7% year-over-year).
- 2013: Revenue of $849K, expenses of $654K, and assets of $1.2M (revenue +12.2% year-over-year).
- 2012: Revenue of $756K, expenses of $647K, and assets of $995K (revenue -3.1% year-over-year).
- 2011: Revenue of $781K, expenses of $661K, and assets of $933K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Centerra Retail Sales Fee Corporation:
Data Sources and Methodology
This transparency report for Centerra Retail Sales Fee 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.