Colorado Christian Academy
EIN: 320620949 · Englewood, CO · NTEE: B24
Is Colorado Christian Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Colorado Christian Academy
Colorado Christian Academy (EIN: 320620949) is a nonprofit organization based in Englewood, CO, classified under NTEE code B24. The organization reported total revenue of $2.8M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colorado Christian Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colorado Christian Academy is a mid-size nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 30.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$938K |
| Total Assets | $1.5M |
| Total Liabilities | $192K |
| Net Assets | $1.3M |
| Operating Margin | 38.5% |
| Debt-to-Asset Ratio | 12.5% |
| Months of Reserves | 12.3 months |
Financial Health Grade: A
In 2023, Colorado Christian Academy reported a surplus of $938K with revenue exceeding expenses, holds 12.3 months of operating reserves (strong position), has a debt-to-asset ratio of 12.5% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Colorado Christian Academy's revenue has grown at a compound annual growth rate (CAGR) of 30.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.8% | -19.7% | +106.6% |
| 2022 | +67.6% | +33.5% | -0.9% |
| 2021 | -6.6% | +723.4% | -22.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Colorado Christian Academy 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 Christian Academy 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 $938K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.5%.
Frequently Asked Questions about Colorado Christian Academy
Is Colorado Christian Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Colorado Christian Academy (EIN: 320620949) insufficient data. 0 red flags identified, 0 strengths noted.
How does Colorado Christian Academy spend its money?
Detailed spending breakdown data is not yet available for Colorado Christian Academy. Check back for updated IRS 990 analysis.
Are donations to Colorado Christian Academy tax-deductible?
Colorado Christian Academy is registered as a tax-exempt nonprofit (EIN: 320620949). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Colorado Christian Academy showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Colorado Christian Academy's revenue has grown by 122.1%, moving from $1.1M to $2.4M. Total assets increased by 59% over the same period, from $967K to $1.5M. Total functional expenses rose by 783.1%, from $170K to $1.5M. In its most recent filing year (2023), Colorado Christian Academy reported a surplus of $938K, with revenue exceeding expenses. The organization holds $192K in liabilities against $1.5M in assets (debt-to-asset ratio: 12.5%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $1.5M | $1.5M | $192K | — | View 990 |
| 2022 | $1.7M | $1.9M | $745K | $336K | — | View 990 |
| 2021 | $1.0M | $1.4M | $752K | $196K | — | — |
| 2020 | $1.1M | $170K | $967K | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $1.5M, and assets of $1.5M (revenue +41.8% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.9M, and assets of $745K (revenue +67.6% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.4M, and assets of $752K (revenue -6.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $170K, and assets of $967K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colorado Christian Academy:
Data Sources and Methodology
This transparency report for Colorado Christian Academy 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.