Colorado Asian Culture And Education Network
EIN: 264157056 · Englewood, CO · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $762K |
| Total Expenses | $167K |
| Net Assets | $1.3M |
Is Colorado Asian Culture And Education Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Colorado Asian Culture And Education Network
Colorado Asian Culture And Education Network (EIN: 264157056) is a nonprofit organization based in Englewood, CO, classified under NTEE code A23. The organization reported total revenue of $762K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colorado Asian Culture And Education Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colorado Asian Culture And Education Network is a small nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $167K |
| Surplus / Deficit | $-106,877 |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | -177.0% |
| Months of Reserves | 92.0 months |
Financial Health Grade: B
In 2023, Colorado Asian Culture And Education Network reported a deficit of $107K with expenses exceeding revenue, holds 92.0 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Colorado Asian Culture And Education Network's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -69.8% | +33.4% | -7.7% |
| 2022 | -85.3% | +77.7% | +5.7% |
| 2021 | +20638.8% | +1126.5% | +33783.5% |
| 2019 | +14.8% | +86.3% | +26.5% |
| 2018 | -38.1% | -68.0% | +606.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Colorado Asian Culture And Education Network 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 Asian Culture And Education Network 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $107K, with expenses exceeding revenue.
Frequently Asked Questions about Colorado Asian Culture And Education Network
Is Colorado Asian Culture And Education Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Colorado Asian Culture And Education Network (EIN: 264157056) insufficient data. 0 red flags identified, 0 strengths noted.
How does Colorado Asian Culture And Education Network spend its money?
Detailed spending breakdown data is not yet available for Colorado Asian Culture And Education Network. Check back for updated IRS 990 analysis.
Are donations to Colorado Asian Culture And Education Network tax-deductible?
Colorado Asian Culture And Education Network is registered as a tax-exempt nonprofit (EIN: 264157056). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Colorado Asian Culture And Education Network located?
Colorado Asian Culture And Education Network is headquartered in Englewood, Colorado and files with the IRS under EIN 264157056. It is classified under NTEE code A23.
How many years of IRS 990 filings does Colorado Asian Culture And Education Network have?
Colorado Asian Culture And Education Network has 12 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 $762K in total revenue.
Filing History
IRS 990 filing history for Colorado Asian Culture And Education Network showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Colorado Asian Culture And Education Network's revenue has grown by 215.5%, moving from $19K to $60K. Total assets increased by 357174.7% over the same period, from $359 to $1.3M. Total functional expenses rose by 770.4%, from $19K to $167K. In its most recent filing year (2023), Colorado Asian Culture And Education Network reported a deficit of $107K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $60K | $167K | $1.3M | $0 | — | View 990 |
| 2022 | $200K | $125K | $1.4M | $0 | — | — |
| 2021 | $1.4M | $71K | $1.3M | $0 | — | View 990 |
| 2019 | $7K | $6K | $4K | $0 | — | View 990 |
| 2018 | $6K | $3K | $3K | $0 | — | View 990 |
| 2017 | $9K | $10K | $434 | $0 | — | View 990 |
| 2016 | $6K | $5K | $851 | $0 | — | View 990 |
| 2015 | $11K | $11K | $521 | $0 | — | — |
| 2014 | $6K | $7K | $521 | $0 | — | View 990 |
| 2013 | $20K | $19K | $808 | $0 | — | — |
| 2012 | $4K | $4K | $426 | $0 | — | — |
| 2011 | $19K | $19K | $359 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $60K, expenses of $167K, and assets of $1.3M (revenue -69.8% year-over-year).
- 2022: Revenue of $200K, expenses of $125K, and assets of $1.4M (revenue -85.3% year-over-year).
- 2021: Revenue of $1.4M, expenses of $71K, and assets of $1.3M (revenue +20638.8% year-over-year).
- 2019: Revenue of $7K, expenses of $6K, and assets of $4K (revenue +14.8% year-over-year).
- 2018: Revenue of $6K, expenses of $3K, and assets of $3K (revenue -38.1% year-over-year).
- 2017: Revenue of $9K, expenses of $10K, and assets of $434 (revenue +60.6% year-over-year).
- 2016: Revenue of $6K, expenses of $5K, and assets of $851 (revenue -46.6% year-over-year).
- 2015: Revenue of $11K, expenses of $11K, and assets of $521 (revenue +75.3% year-over-year).
- 2014: Revenue of $6K, expenses of $7K, and assets of $521 (revenue -68.7% year-over-year).
- 2013: Revenue of $20K, expenses of $19K, and assets of $808 (revenue +383.2% year-over-year).
- 2012: Revenue of $4K, expenses of $4K, and assets of $426 (revenue -78.8% year-over-year).
- 2011: Revenue of $19K, expenses of $19K, and assets of $359.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colorado Asian Culture And Education Network:
Data Sources and Methodology
This transparency report for Colorado Asian Culture And Education Network 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.