Colorado Association For Recovery Residences Inc
EIN: 823490706 · Littleton, CO · NTEE: F01
| Metric | Value |
|---|---|
| Total Revenue | $323K |
| Total Expenses | $452K |
| Net Assets | $130K |
Is Colorado Association For Recovery Residences Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Colorado Association For Recovery Residences Inc
Colorado Association For Recovery Residences Inc (EIN: 823490706) is a nonprofit organization based in Littleton, CO, classified under NTEE code F01. The organization reported total revenue of $323K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colorado Association For Recovery Residences Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colorado Association For Recovery Residences Inc is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 59.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $503K |
| Total Expenses | $452K |
| Surplus / Deficit | +$51K |
| Total Assets | $295K |
| Total Liabilities | $165K |
| Net Assets | $130K |
| Operating Margin | 10.1% |
| Debt-to-Asset Ratio | 56.0% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2023, Colorado Association For Recovery Residences Inc reported a surplus of $51K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 56.0% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Colorado Association For Recovery Residences Inc's revenue has grown at a compound annual growth rate (CAGR) of 59.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.2% | +83.4% | +259.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Colorado Association For Recovery Residences Inc 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 Association For Recovery Residences Inc 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 surplus of $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.0%.
Frequently Asked Questions about Colorado Association For Recovery Residences Inc
Is Colorado Association For Recovery Residences Inc a legitimate charity?
Colorado Association For Recovery Residences Inc (EIN: 823490706) is a registered tax-exempt nonprofit based in Colorado. It has 2 years of IRS 990 filings on record. Total revenue: $323K. No red flags identified. Financial health grade: A.
How does Colorado Association For Recovery Residences Inc spend its money?
Colorado Association For Recovery Residences Inc reported $323K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Colorado Association For Recovery Residences Inc tax-deductible?
Colorado Association For Recovery Residences Inc is registered as a tax-exempt nonprofit (EIN: 823490706). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Colorado Association For Recovery Residences Inc located?
Colorado Association For Recovery Residences Inc is headquartered in Littleton, Colorado and files with the IRS under EIN 823490706. It is classified under NTEE code F01.
How many years of IRS 990 filings does Colorado Association For Recovery Residences Inc have?
Colorado Association For Recovery Residences Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $323K in total revenue.
Filing History
IRS 990 filing history for Colorado Association For Recovery Residences Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Colorado Association For Recovery Residences Inc's revenue has grown by 59.2%, moving from $316K to $503K. Total assets increased by 259.5% over the same period, from $82K to $295K. Total functional expenses rose by 83.4%, from $246K to $452K. In its most recent filing year (2023), Colorado Association For Recovery Residences Inc reported a surplus of $51K, with revenue exceeding expenses. The organization holds $165K in liabilities against $295K in assets (debt-to-asset ratio: 56.0%), resulting in net assets of $130K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $503K | $452K | $295K | $165K | — | View 990 |
| 2022 | $316K | $246K | $82K | $3K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colorado Association For Recovery Residences Inc:
Data Sources and Methodology
This transparency report for Colorado Association For Recovery Residences Inc 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.