Colorado Afro Latin Dance And Arts Collective

About Colorado Afro Latin Dance And Arts Collective

Colorado Afro Latin Dance And Arts Collective (EIN: 881403487) is a nonprofit organization based in Aurora, CO, classified under NTEE code A20. The organization reported total revenue of $289K and total assets of $38K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colorado Afro Latin Dance And Arts Collective's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Analysis Pending

AI enrichment for Colorado Afro Latin Dance And Arts Collective 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 Colorado Afro Latin Dance And Arts Collective 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.

Filing History

IRS 990 filing history for Colorado Afro Latin Dance And Arts Collective showing financial trends over 2 years of public records:

Over 2 years of IRS 990 filings (2022–2023), Colorado Afro Latin Dance And Arts Collective's revenue has grown by 8.1%, moving from $229K to $248K. Total assets decreased by 21.6% over the same period, from $46K to $36K. Total functional expenses rose by 67.4%, from $238K to $399K. In its most recent filing year (2023), Colorado Afro Latin Dance And Arts Collective reported a deficit of $151K, with expenses exceeding revenue. The organization holds $163K in liabilities against $36K in assets (debt-to-asset ratio: 454.8%), resulting in net assets of $-127,023.

Data Sources and Methodology

This transparency report for Colorado Afro Latin Dance And Arts Collective 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.