Christian Heritage Foundation Ofsteamboat Springs
Christian Heritage Foundation Ofsteamboat Springs shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 204353124 · Steamboat Spr, CO · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $617K |
| Total Expenses | $239K |
| Program Spending | 90% |
| Net Assets | $2.7M |
| Transparency Score | 92/100 |
Is Christian Heritage Foundation Ofsteamboat Springs Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Christian Heritage Foundation Ofsteamboat Springs directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Christian Heritage Foundation Ofsteamboat Springs
Christian Heritage Foundation Ofsteamboat Springs (EIN: 204353124) is a nonprofit organization based in Steamboat Spr, CO, classified under NTEE code X21. The organization reported total revenue of $617K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Christian Heritage Foundation Ofsteamboat Springs's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Christian Heritage Foundation Ofsteamboat Springs is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $464K |
| Total Expenses | $239K |
| Surplus / Deficit | +$225K |
| Total Assets | $2.7M |
| Total Liabilities | $6K |
| Net Assets | $2.7M |
| Operating Margin | 48.5% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 135.9 months |
Financial Health Grade: A
In 2023, Christian Heritage Foundation Ofsteamboat Springs reported a surplus of $225K with revenue exceeding expenses, holds 135.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Christian Heritage Foundation Ofsteamboat Springs's revenue has grown at a compound annual growth rate (CAGR) of 17.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.6% | +36.9% | +9.1% |
| 2022 | -6.2% | -1.2% | +5.5% |
| 2021 | +8.1% | +22.0% | +10.8% |
| 2020 | +10.2% | -19.3% | +11.1% |
| 2019 | +2.3% | -25.8% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7200 |
| IRS Ruling Date | 2007 |
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 Christian Heritage Foundation Ofsteamboat Springs with a Mission Score of 92 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Christian Heritage Foundation Ofsteamboat Springs allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $225K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly favorable for directing funds to programs.
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 Christian Heritage Foundation Ofsteamboat Springs:
- Consistent revenue growth, from $73,079 in 2014 to $463,924 in 2023.
- Strong asset accumulation, reaching $2,707,380 in 2023.
- Zero reported officer compensation across all filings, indicating high program focus.
- Significant reduction in liabilities, from $550,640 in 2016 to $5,500 in 2023.
- Expenses consistently lower than revenue, demonstrating efficient financial management.
Frequently Asked Questions about Christian Heritage Foundation Ofsteamboat Springs
Is Christian Heritage Foundation Ofsteamboat Springs a legitimate charity?
Based on AI analysis of IRS 990 filings, Christian Heritage Foundation Ofsteamboat Springs (EIN: 204353124) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Christian Heritage Foundation Ofsteamboat Springs spend its money?
Christian Heritage Foundation Ofsteamboat Springs directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Christian Heritage Foundation Ofsteamboat Springs tax-deductible?
Christian Heritage Foundation Ofsteamboat Springs is registered as a tax-exempt nonprofit (EIN: 204353124). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Christian Heritage Foundation Ofsteamboat Springs compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Christian Heritage Foundation Ofsteamboat Springs is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Christian Heritage Foundation Ofsteamboat Springs located?
Christian Heritage Foundation Ofsteamboat Springs is headquartered in Steamboat Spr, Colorado and files with the IRS under EIN 204353124. It is classified under NTEE code X21.
How many years of IRS 990 filings does Christian Heritage Foundation Ofsteamboat Springs have?
Christian Heritage Foundation Ofsteamboat Springs 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 $617K in total revenue.
Is Christian Heritage Foundation Ofsteamboat Springs a good charity?
Based on the available financial data, Christian Heritage Foundation Ofsteamboat Springs appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, low expenses relative to revenue, and a clear commitment to its mission by not reporting any officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $73,079 in 2014 to $463,924 in 2023, and assets have increased from $2,085,263 to $2,707,380 in the same period. Liabilities have also drastically reduced from $342,352 to $5,500, indicating enhanced stability.
What is the organization's spending efficiency?
The organization exhibits high spending efficiency. For example, in 2023, expenses were $239,029 against a revenue of $463,924, meaning a significant portion of revenue is retained or directed towards its mission, rather than being consumed by operational costs.
Filing History
IRS 990 filing history for Christian Heritage Foundation Ofsteamboat Springs showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Christian Heritage Foundation Ofsteamboat Springs's revenue has grown by 580%, moving from $68K to $464K. Total assets increased by 23% over the same period, from $2.2M to $2.7M. Total functional expenses rose by 118.1%, from $110K to $239K. In its most recent filing year (2023), Christian Heritage Foundation Ofsteamboat Springs reported a surplus of $225K, with revenue exceeding expenses. The organization holds $6K in liabilities against $2.7M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $464K | $239K | $2.7M | $6K | — | — |
| 2022 | $363K | $175K | $2.5M | $6K | — | View 990 |
| 2021 | $388K | $177K | $2.4M | $11K | — | View 990 |
| 2020 | $359K | $145K | $2.1M | $37K | — | — |
| 2019 | $325K | $179K | $1.9M | $48K | — | View 990 |
| 2018 | $318K | $242K | $1.8M | $113K | — | View 990 |
| 2017 | $365K | $172K | $1.9M | $247K | — | View 990 |
| 2016 | $154K | $421K | $2.0M | $551K | — | View 990 |
| 2015 | $74K | $102K | $2.0M | $303K | — | View 990 |
| 2014 | $73K | $106K | $2.1M | $342K | — | View 990 |
| 2013 | $177K | $106K | $2.2M | $377K | — | View 990 |
| 2012 | $85K | $108K | $2.1M | $410K | — | View 990 |
| 2011 | $68K | $110K | $2.2M | $468K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $464K, expenses of $239K, and assets of $2.7M (revenue +27.6% year-over-year).
- 2022: Revenue of $363K, expenses of $175K, and assets of $2.5M (revenue -6.2% year-over-year).
- 2021: Revenue of $388K, expenses of $177K, and assets of $2.4M (revenue +8.1% year-over-year).
- 2020: Revenue of $359K, expenses of $145K, and assets of $2.1M (revenue +10.2% year-over-year).
- 2019: Revenue of $325K, expenses of $179K, and assets of $1.9M (revenue +2.3% year-over-year).
- 2018: Revenue of $318K, expenses of $242K, and assets of $1.8M (revenue -12.9% year-over-year).
- 2017: Revenue of $365K, expenses of $172K, and assets of $1.9M (revenue +137.3% year-over-year).
- 2016: Revenue of $154K, expenses of $421K, and assets of $2.0M (revenue +107.5% year-over-year).
- 2015: Revenue of $74K, expenses of $102K, and assets of $2.0M (revenue +1.5% year-over-year).
- 2014: Revenue of $73K, expenses of $106K, and assets of $2.1M (revenue -58.6% year-over-year).
- 2013: Revenue of $177K, expenses of $106K, and assets of $2.2M (revenue +107.1% year-over-year).
- 2012: Revenue of $85K, expenses of $108K, and assets of $2.1M (revenue +25.0% year-over-year).
- 2011: Revenue of $68K, expenses of $110K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Christian Heritage Foundation Ofsteamboat Springs:
Data Sources and Methodology
This transparency report for Christian Heritage Foundation Ofsteamboat Springs 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.