Colorado Homeschool Enrichment
EIN: 883049085 · New Castle, CO · NTEE: B28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $3.3M |
| Net Assets | $404K |
Is Colorado Homeschool Enrichment Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Colorado Homeschool Enrichment
Colorado Homeschool Enrichment (EIN: 883049085) is a nonprofit organization based in New Castle, CO, classified under NTEE code B28. The organization reported total revenue of $3.6M and total assets of $511K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colorado Homeschool Enrichment's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colorado Homeschool Enrichment is a mid-size nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of 385.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $3.3M |
| Surplus / Deficit | +$320K |
| Total Assets | $511K |
| Total Liabilities | $107K |
| Net Assets | $404K |
| Operating Margin | 8.8% |
| Debt-to-Asset Ratio | 20.9% |
| Months of Reserves | 1.9 months |
Financial Health Grade: A
In 2024, Colorado Homeschool Enrichment reported a surplus of $320K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 20.9% (moderate leverage).
Financial Trends
Over 2 years of filings (2023–2024), Colorado Homeschool Enrichment's revenue has grown at a compound annual growth rate (CAGR) of 385.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +385.3% | +379.1% | +436.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Homeschool Enrichment 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 Homeschool Enrichment 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $320K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.9%.
Frequently Asked Questions about Colorado Homeschool Enrichment
Is Colorado Homeschool Enrichment a legitimate charity?
Colorado Homeschool Enrichment (EIN: 883049085) is a registered tax-exempt nonprofit based in Colorado. It has 2 years of IRS 990 filings on record. Total revenue: $3.6M. No red flags identified. Financial health grade: A.
How does Colorado Homeschool Enrichment spend its money?
Colorado Homeschool Enrichment reported $3.6M 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 Homeschool Enrichment tax-deductible?
Colorado Homeschool Enrichment is registered as a tax-exempt nonprofit (EIN: 883049085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Colorado Homeschool Enrichment located?
Colorado Homeschool Enrichment is headquartered in New Castle, Colorado and files with the IRS under EIN 883049085. It is classified under NTEE code B28.
How many years of IRS 990 filings does Colorado Homeschool Enrichment have?
Colorado Homeschool Enrichment 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 $3.6M in total revenue.
Filing History
IRS 990 filing history for Colorado Homeschool Enrichment showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), Colorado Homeschool Enrichment's revenue has grown by 385.3%, moving from $748K to $3.6M. Total assets increased by 436.9% over the same period, from $95K to $511K. Total functional expenses rose by 379.1%, from $691K to $3.3M. In its most recent filing year (2024), Colorado Homeschool Enrichment reported a surplus of $320K, with revenue exceeding expenses. The organization holds $107K in liabilities against $511K in assets (debt-to-asset ratio: 20.9%), resulting in net assets of $404K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.6M | $3.3M | $511K | $107K | — | — |
| 2023 | $748K | $691K | $95K | $11K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colorado Homeschool Enrichment:
Data Sources and Methodology
This transparency report for Colorado Homeschool Enrichment 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.