Colorado Bioscience Institute
EIN: 455030488 · Denver, CO · NTEE: B30
| Metric | Value |
|---|---|
| Total Revenue | $267K |
| Total Expenses | $382K |
| Net Assets | $244K |
Is Colorado Bioscience Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Colorado Bioscience Institute
Colorado Bioscience Institute (EIN: 455030488) is a nonprofit organization based in Denver, CO, classified under NTEE code B30. The organization reported total revenue of $267K and total assets of $263K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colorado Bioscience Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colorado Bioscience Institute is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 23.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $306K |
| Total Expenses | $382K |
| Surplus / Deficit | $-76,035 |
| Total Assets | $430K |
| Total Liabilities | $186K |
| Net Assets | $244K |
| Operating Margin | -24.9% |
| Debt-to-Asset Ratio | 43.2% |
| Months of Reserves | 13.5 months |
Financial Health Grade: B
In 2023, Colorado Bioscience Institute reported a deficit of $76K with expenses exceeding revenue, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 43.2% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Colorado Bioscience Institute's revenue has grown at a compound annual growth rate (CAGR) of 23.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.5% | +30.7% | +15.3% |
| 2022 | +112.1% | +86.2% | +51.5% |
| 2021 | -8.5% | -7.2% | -7.6% |
| 2020 | -3.1% | -1.5% | +25.7% |
| 2019 | -9.3% | -11.2% | +20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Colorado Bioscience Institute 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 Bioscience Institute 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 $76K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.2%.
Frequently Asked Questions about Colorado Bioscience Institute
Is Colorado Bioscience Institute a legitimate charity?
Colorado Bioscience Institute (EIN: 455030488) is a registered tax-exempt nonprofit based in Colorado. It has 12 years of IRS 990 filings on record. Total revenue: $267K. No red flags identified. Financial health grade: B.
How does Colorado Bioscience Institute spend its money?
Colorado Bioscience Institute reported $267K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Colorado Bioscience Institute tax-deductible?
Colorado Bioscience Institute is registered as a tax-exempt nonprofit (EIN: 455030488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Colorado Bioscience Institute located?
Colorado Bioscience Institute is headquartered in Denver, Colorado and files with the IRS under EIN 455030488. It is classified under NTEE code B30.
How many years of IRS 990 filings does Colorado Bioscience Institute have?
Colorado Bioscience Institute 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 $267K in total revenue.
Filing History
IRS 990 filing history for Colorado Bioscience Institute showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Colorado Bioscience Institute's revenue has grown by 954.3%, moving from $29K to $306K. Total assets increased by 6083.9% over the same period, from $7K to $430K. Total functional expenses rose by 1631.6%, from $22K to $382K. In its most recent filing year (2023), Colorado Bioscience Institute reported a deficit of $76K, with expenses exceeding revenue. The organization holds $186K in liabilities against $430K in assets (debt-to-asset ratio: 43.2%), resulting in net assets of $244K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $306K | $382K | $430K | $186K | — | — |
| 2022 | $375K | $292K | $373K | $53K | — | View 990 |
| 2021 | $177K | $157K | $246K | $9K | — | View 990 |
| 2020 | $193K | $169K | $266K | $49K | — | — |
| 2019 | $199K | $171K | $212K | $19K | — | View 990 |
| 2018 | $220K | $193K | $176K | $12K | — | View 990 |
| 2017 | $184K | $157K | $138K | $15K | — | — |
| 2016 | $211K | $204K | $123K | $28K | — | View 990 |
| 2015 | $238K | $198K | $98K | $10K | — | View 990 |
| 2014 | $87K | $62K | $48K | $0 | — | View 990 |
| 2013 | $47K | $30K | $23K | $0 | — | View 990 |
| 2012 | $29K | $22K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $306K, expenses of $382K, and assets of $430K (revenue -18.5% year-over-year).
- 2022: Revenue of $375K, expenses of $292K, and assets of $373K (revenue +112.1% year-over-year).
- 2021: Revenue of $177K, expenses of $157K, and assets of $246K (revenue -8.5% year-over-year).
- 2020: Revenue of $193K, expenses of $169K, and assets of $266K (revenue -3.1% year-over-year).
- 2019: Revenue of $199K, expenses of $171K, and assets of $212K (revenue -9.3% year-over-year).
- 2018: Revenue of $220K, expenses of $193K, and assets of $176K (revenue +19.4% year-over-year).
- 2017: Revenue of $184K, expenses of $157K, and assets of $138K (revenue -12.7% year-over-year).
- 2016: Revenue of $211K, expenses of $204K, and assets of $123K (revenue -11.2% year-over-year).
- 2015: Revenue of $238K, expenses of $198K, and assets of $98K (revenue +173.9% year-over-year).
- 2014: Revenue of $87K, expenses of $62K, and assets of $48K (revenue +85.5% year-over-year).
- 2013: Revenue of $47K, expenses of $30K, and assets of $23K (revenue +61.4% year-over-year).
- 2012: Revenue of $29K, expenses of $22K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colorado Bioscience Institute:
Data Sources and Methodology
This transparency report for Colorado Bioscience Institute 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.