Colorado Digital Learning Solutions
EIN: 473107215 · Broomfield, CO · NTEE: B19
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.8M |
| Net Assets | $1.3M |
Is Colorado Digital Learning Solutions Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Colorado Digital Learning Solutions
Colorado Digital Learning Solutions (EIN: 473107215) is a nonprofit organization based in Broomfield, CO, classified under NTEE code B19. The organization reported total revenue of $2.8M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colorado Digital Learning Solutions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colorado Digital Learning Solutions is a mid-size nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.8M |
| Surplus / Deficit | $-295,861 |
| Total Assets | $1.3M |
| Total Liabilities | $2K |
| Net Assets | $1.3M |
| Operating Margin | -11.8% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 5.5 months |
Financial Health Grade: B
In 2023, Colorado Digital Learning Solutions reported a deficit of $296K with expenses exceeding revenue, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.4% | -5.5% | -18.7% |
| 2022 | -60.6% | -56.0% | +10.1% |
| 2021 | +585.2% | +494.0% | +427.0% |
| 2020 | +8.7% | +22.8% | +7.2% |
| 2019 | +36.7% | +38.0% | +118.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Colorado Digital Learning Solutions 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 Digital Learning Solutions 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 $296K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Colorado Digital Learning Solutions
Is Colorado Digital Learning Solutions a legitimate charity?
Colorado Digital Learning Solutions (EIN: 473107215) is a registered tax-exempt nonprofit based in Colorado. It has 9 years of IRS 990 filings on record. Total revenue: $2.8M. No red flags identified. Financial health grade: B.
How does Colorado Digital Learning Solutions spend its money?
Colorado Digital Learning Solutions reported $2.8M in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Colorado Digital Learning Solutions tax-deductible?
Colorado Digital Learning Solutions is registered as a tax-exempt nonprofit (EIN: 473107215). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Colorado Digital Learning Solutions located?
Colorado Digital Learning Solutions is headquartered in Broomfield, Colorado and files with the IRS under EIN 473107215. It is classified under NTEE code B19.
How many years of IRS 990 filings does Colorado Digital Learning Solutions have?
Colorado Digital Learning Solutions has 9 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 $2.8M in total revenue.
Filing History
IRS 990 filing history for Colorado Digital Learning Solutions showing financial trends over 9 years of public records:
Total assets increased by 128093100% over the same period, from $1 to $1.3M. In its most recent filing year (2023), Colorado Digital Learning Solutions reported a deficit of $296K, with expenses exceeding revenue. The organization holds $2K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.8M | $1.3M | $2K | — | — |
| 2022 | $3.1M | $3.0M | $1.6M | $0 | — | View 990 |
| 2021 | $7.9M | $6.7M | $1.4M | $0 | — | View 990 |
| 2020 | $1.2M | $1.1M | $271K | $0 | — | View 990 |
| 2019 | $1.1M | $923K | $253K | $0 | — | View 990 |
| 2018 | $775K | $669K | $116K | $0 | — | View 990 |
| 2017 | $558K | $569K | $18K | $18K | — | — |
| 2016 | $346K | $351K | $28K | $28K | — | View 990 |
| 2015 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.8M, and assets of $1.3M (revenue -19.4% year-over-year).
- 2022: Revenue of $3.1M, expenses of $3.0M, and assets of $1.6M (revenue -60.6% year-over-year).
- 2021: Revenue of $7.9M, expenses of $6.7M, and assets of $1.4M (revenue +585.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $271K (revenue +8.7% year-over-year).
- 2019: Revenue of $1.1M, expenses of $923K, and assets of $253K (revenue +36.7% year-over-year).
- 2018: Revenue of $775K, expenses of $669K, and assets of $116K (revenue +38.9% year-over-year).
- 2017: Revenue of $558K, expenses of $569K, and assets of $18K (revenue +61.4% year-over-year).
- 2016: Revenue of $346K, expenses of $351K, and assets of $28K.
- 2015: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colorado Digital Learning Solutions:
Data Sources and Methodology
This transparency report for Colorado Digital Learning Solutions 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.