Colorado Alliance For Health Equity And Practice
Colorado Alliance For Health Equity And Practice shows strong asset growth but reported a deficit in its latest fiscal year.
EIN: 20732220 · Denver, CO · NTEE: E70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $1.4M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.7M |
| Transparency Score | 85/100 |
Is Colorado Alliance For Health Equity And Practice Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Colorado Alliance For Health Equity And Practice directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Colorado Alliance For Health Equity And Practice
Colorado Alliance For Health Equity And Practice (EIN: 20732220) is a nonprofit organization based in Denver, CO, classified under NTEE code E70. The organization reported total revenue of $1.0M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colorado Alliance For Health Equity And Practice's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colorado Alliance For Health Equity And Practice is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-247,016 |
| Total Assets | $2.1M |
| Total Liabilities | $401K |
| Net Assets | $1.7M |
| Operating Margin | -22.1% |
| Debt-to-Asset Ratio | 19.4% |
| Months of Reserves | 18.1 months |
Financial Health Grade: B
In 2023, Colorado Alliance For Health Equity And Practice reported a deficit of $247K with expenses exceeding revenue, holds 18.1 months of operating reserves (strong position), has a debt-to-asset ratio of 19.4% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2023), Colorado Alliance For Health Equity And Practice's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.8% | +2.5% | -2.1% |
| 2022 | +2.9% | +35.5% | +31.4% |
| 2021 | +32.7% | +20.1% | +22.8% |
| 2020 | +88.9% | +21.3% | +333.0% |
| 2019 | +2.9% | +6.2% | -21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2005 |
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 Colorado Alliance For Health Equity And Practice 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, Colorado Alliance For Health Equity And Practice 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 deficit of $247K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting that officers are either uncompensated or compensated through mechanisms not categorized as 'officer compensation' on the 990. This is a positive indicator for a nonprofit of its size, with revenues exceeding $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 Colorado Alliance For Health Equity And Practice's IRS 990 filings:
- Deficit reported in the latest fiscal year (202312), with expenses exceeding revenue by $247,016.
- Increase in liabilities from $50,810 in 202112 to $401,135 in 202312.
Strengths
The following positive indicators were identified for Colorado Alliance For Health Equity And Practice:
- Consistent growth in assets, from $301,375 in 201912 to $2,062,885 in 202312.
- Zero reported officer compensation across all filings, indicating potential volunteer leadership or efficient compensation structures.
- Strong financial reserves, with assets significantly exceeding liabilities ($2,062,885 vs. $401,135 in 202312).
- Consistent and transparent filing of IRS Form 990s (13 filings).
Frequently Asked Questions about Colorado Alliance For Health Equity And Practice
Is Colorado Alliance For Health Equity And Practice a legitimate charity?
Colorado Alliance For Health Equity And Practice (EIN: 20732220) 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: $1.0M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Colorado Alliance For Health Equity And Practice spend its money?
Colorado Alliance For Health Equity And Practice directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Colorado Alliance For Health Equity And Practice tax-deductible?
Colorado Alliance For Health Equity And Practice is registered as a tax-exempt nonprofit (EIN: 20732220). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Colorado Alliance For Health Equity And Practice CEO make?
Colorado Alliance For Health Equity And Practice's highest-compensated officer earns $1 annually. The organization reported $1.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Colorado Alliance For Health Equity And Practice's spending goes to programs?
Colorado Alliance For Health Equity And Practice directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Colorado Alliance For Health Equity And Practice compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Colorado Alliance For Health Equity And Practice is above average for NTEE category E70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Colorado Alliance For Health Equity And Practice located?
Colorado Alliance For Health Equity And Practice is headquartered in Denver, Colorado and files with the IRS under EIN 20732220. It is classified under NTEE code E70.
How many years of IRS 990 filings does Colorado Alliance For Health Equity And Practice have?
Colorado Alliance For Health Equity And Practice 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 $1.0M in total revenue.
Why did the organization incur a deficit in the 202312 period?
In the 202312 period, the organization's expenses ($1,365,998) exceeded its revenue ($1,118,982), resulting in a deficit of $247,016. This contrasts with the surpluses observed in the preceding three years.
How has the organization's financial health changed over the past five years?
Over the past five years, the organization has seen significant growth in assets, from $301,375 in 201912 to $2,062,885 in 202312. Revenue peaked in 202212 at $1,691,203, and while expenses have generally increased, the organization maintained surpluses from 202012 to 202212 before experiencing a deficit in 202312.
What is the trend in the organization's liabilities?
Liabilities have fluctuated, with a notable increase from $50,810 in 202112 to $401,135 in 202312. While assets still significantly outweigh liabilities, this recent increase warrants attention.
Filing History
IRS 990 filing history for Colorado Alliance For Health Equity And Practice showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Colorado Alliance For Health Equity And Practice's revenue has declined by 13.6%, moving from $1.3M to $1.1M. Total assets increased by 399.6% over the same period, from $413K to $2.1M. Total functional expenses rose by 2.6%, from $1.3M to $1.4M. In its most recent filing year (2023), Colorado Alliance For Health Equity And Practice reported a deficit of $247K, with expenses exceeding revenue. The organization holds $401K in liabilities against $2.1M in assets (debt-to-asset ratio: 19.4%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.4M | $2.1M | $401K | — | View 990 |
| 2022 | $1.7M | $1.3M | $2.1M | $201K | — | View 990 |
| 2021 | $1.6M | $984K | $1.6M | $51K | — | View 990 |
| 2020 | $1.2M | $819K | $1.3M | $427K | — | View 990 |
| 2019 | $655K | $676K | $301K | $129K | — | View 990 |
| 2018 | $637K | $636K | $382K | $177K | — | View 990 |
| 2017 | $557K | $616K | $408K | $206K | — | View 990 |
| 2016 | $441K | $508K | $269K | $36K | — | View 990 |
| 2014 | $479K | $362K | $276K | $35K | — | View 990 |
| 2013 | $495K | $337K | $284K | $28K | — | View 990 |
| 2012 | $270K | $368K | $145K | $27K | — | View 990 |
| 2011 | $689K | $845K | $247K | $30K | — | View 990 |
| 2010 | $1.3M | $1.3M | $413K | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.4M, and assets of $2.1M (revenue -33.8% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.3M, and assets of $2.1M (revenue +2.9% year-over-year).
- 2021: Revenue of $1.6M, expenses of $984K, and assets of $1.6M (revenue +32.7% year-over-year).
- 2020: Revenue of $1.2M, expenses of $819K, and assets of $1.3M (revenue +88.9% year-over-year).
- 2019: Revenue of $655K, expenses of $676K, and assets of $301K (revenue +2.9% year-over-year).
- 2018: Revenue of $637K, expenses of $636K, and assets of $382K (revenue +14.3% year-over-year).
- 2017: Revenue of $557K, expenses of $616K, and assets of $408K (revenue +26.4% year-over-year).
- 2016: Revenue of $441K, expenses of $508K, and assets of $269K (revenue -8.0% year-over-year).
- 2014: Revenue of $479K, expenses of $362K, and assets of $276K (revenue -3.2% year-over-year).
- 2013: Revenue of $495K, expenses of $337K, and assets of $284K (revenue +83.2% year-over-year).
- 2012: Revenue of $270K, expenses of $368K, and assets of $145K (revenue -60.8% year-over-year).
- 2011: Revenue of $689K, expenses of $845K, and assets of $247K (revenue -46.8% year-over-year).
- 2010: Revenue of $1.3M, expenses of $1.3M, and assets of $413K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colorado Alliance For Health Equity And Practice:
Data Sources and Methodology
This transparency report for Colorado Alliance For Health Equity And Practice 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.