Colorado Farm Bureau Foundation
Colorado Farm Bureau Foundation experiences volatile revenue and expenses, with recent operating deficits, but maintains zero executive compensation.
EIN: 208327307 · Centennial, CO · NTEE: K28 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $179K |
| Total Expenses | $179K |
| Program Spending | 80% |
| Net Assets | $206K |
| Transparency Score | 75/100 |
Is Colorado Farm Bureau Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Colorado Farm Bureau Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Colorado Farm Bureau Foundation
Colorado Farm Bureau Foundation (EIN: 208327307) is a nonprofit organization based in Centennial, CO, classified under NTEE code K28. The organization reported total revenue of $179K and total assets of $298K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colorado Farm Bureau Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colorado Farm Bureau Foundation is a small nonprofit that has been operating for 16 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $129K |
| Total Expenses | $179K |
| Surplus / Deficit | $-49,577 |
| Total Assets | $230K |
| Total Liabilities | $24K |
| Net Assets | $206K |
| Operating Margin | -38.3% |
| Debt-to-Asset Ratio | 10.5% |
| Months of Reserves | 15.4 months |
Financial Health Grade: B
In 2023, Colorado Farm Bureau Foundation reported a deficit of $50K with expenses exceeding revenue, holds 15.4 months of operating reserves (strong position), has a debt-to-asset ratio of 10.5% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Colorado Farm Bureau Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.4% | -20.6% | -12.9% |
| 2022 | +355.5% | +1020.7% | +19.2% |
| 2021 | +266.5% | +353.9% | +21.2% |
| 2020 | -25.2% | -94.1% | +6.5% |
| 2019 | -27.3% | +407.4% | -24.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Colorado Farm Bureau Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Colorado Farm Bureau Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $50K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for an organization of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Colorado Farm Bureau Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $390,671 in 201709 vs. $15,622 in 202009).
- Operating deficit in the most recent filing (202309: Expenses $178,887 > Revenue $129,310).
- Lack of detailed expense breakdown beyond total expenses in available data, making it hard to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Colorado Farm Bureau Foundation:
- Consistent 0% officer compensation across all filings, indicating strong financial stewardship.
- Maintained a positive and growing asset base over the decade, from $194,099 in 201409 to $230,035 in 202309.
- Low liabilities relative to assets in most periods, suggesting good financial management of debt.
Frequently Asked Questions about Colorado Farm Bureau Foundation
Is Colorado Farm Bureau Foundation a legitimate charity?
Colorado Farm Bureau Foundation (EIN: 208327307) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $179K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Colorado Farm Bureau Foundation spend its money?
Colorado Farm Bureau Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Colorado Farm Bureau Foundation tax-deductible?
Colorado Farm Bureau Foundation is registered as a tax-exempt nonprofit (EIN: 208327307). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Colorado Farm Bureau Foundation's spending goes to programs?
Colorado Farm Bureau Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Colorado Farm Bureau Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Colorado Farm Bureau Foundation is above average for NTEE category K28 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Colorado Farm Bureau Foundation located?
Colorado Farm Bureau Foundation is headquartered in Centennial, Colorado and files with the IRS under EIN 208327307. It is classified under NTEE code K28.
How many years of IRS 990 filings does Colorado Farm Bureau Foundation have?
Colorado Farm Bureau Foundation has 11 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 $179K in total revenue.
Is the Colorado Farm Bureau Foundation financially stable given its fluctuating revenue?
While the organization has maintained a positive asset base, its revenue has been highly volatile, ranging from $15,622 to $390,671 over the past decade. The 202309 filing shows expenses exceeding revenue by $49,577, indicating an operating deficit for that period, which could impact long-term stability if not addressed.
How does the lack of officer compensation impact the organization?
The consistent reporting of 0% officer compensation is a significant strength, demonstrating that all funds are directed towards the organization's mission and operational costs rather than executive salaries. This enhances donor confidence and reflects a strong commitment to its cause.
What caused the significant revenue drop in 202309 compared to 202209?
Revenue decreased from $260,815 in 202209 to $129,310 in 202309, a drop of over 50%. Without more detailed financial statements, the specific reasons for this decline are unclear, but it could be due to fewer grants, reduced donations, or the completion of a major funding cycle.
Filing History
IRS 990 filing history for Colorado Farm Bureau Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Colorado Farm Bureau Foundation's revenue has grown by 83.3%, moving from $71K to $129K. Total assets increased by 22.8% over the same period, from $187K to $230K. Total functional expenses rose by 2135.5%, from $8K to $179K. In its most recent filing year (2023), Colorado Farm Bureau Foundation reported a deficit of $50K, with expenses exceeding revenue. The organization holds $24K in liabilities against $230K in assets (debt-to-asset ratio: 10.5%), resulting in net assets of $206K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $129K | $179K | $230K | $24K | — | — |
| 2022 | $261K | $225K | $264K | $9K | — | View 990 |
| 2021 | $57K | $20K | $222K | $2K | — | View 990 |
| 2020 | $16K | $4K | $183K | $54 | — | — |
| 2019 | $21K | $76K | $172K | $119 | — | View 990 |
| 2018 | $29K | $15K | $227K | $323 | — | View 990 |
| 2017 | $391K | $370K | $215K | $3K | — | View 990 |
| 2016 | $29K | $29K | $193K | $1K | — | View 990 |
| 2015 | $11K | $11K | $200K | $7K | — | View 990 |
| 2014 | $217K | $212K | $194K | $2K | — | View 990 |
| 2013 | $71K | $8K | $187K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $129K, expenses of $179K, and assets of $230K (revenue -50.4% year-over-year).
- 2022: Revenue of $261K, expenses of $225K, and assets of $264K (revenue +355.5% year-over-year).
- 2021: Revenue of $57K, expenses of $20K, and assets of $222K (revenue +266.5% year-over-year).
- 2020: Revenue of $16K, expenses of $4K, and assets of $183K (revenue -25.2% year-over-year).
- 2019: Revenue of $21K, expenses of $76K, and assets of $172K (revenue -27.3% year-over-year).
- 2018: Revenue of $29K, expenses of $15K, and assets of $227K (revenue -92.6% year-over-year).
- 2017: Revenue of $391K, expenses of $370K, and assets of $215K (revenue +1266.7% year-over-year).
- 2016: Revenue of $29K, expenses of $29K, and assets of $193K (revenue +154.9% year-over-year).
- 2015: Revenue of $11K, expenses of $11K, and assets of $200K (revenue -94.8% year-over-year).
- 2014: Revenue of $217K, expenses of $212K, and assets of $194K (revenue +207.0% year-over-year).
- 2013: Revenue of $71K, expenses of $8K, and assets of $187K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colorado Farm Bureau Foundation:
Data Sources and Methodology
This transparency report for Colorado Farm Bureau Foundation 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.