Colorado Institute Of Familymedicine

Colorado Institute Of Familymedicine shows consistent operations and significant asset growth, but recent filings indicate negative net assets.

EIN: 208367897 · Centennial, CO · NTEE: E70 · Updated: 2026-03-28

$1.7MRevenue
$22.0MAssets
70/100Mission Score (Good)
E70
Colorado Institute Of Familymedicine Financial Summary
MetricValue
Total Revenue$1.7M
Total Expenses$86K
Program Spending80%
CEO/Top Officer Pay$17
Net Assets$-190,522
Transparency Score70/100

Is Colorado Institute Of Familymedicine Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Colorado Institute Of Familymedicine directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Colorado Institute Of Familymedicine

Colorado Institute Of Familymedicine (EIN: 208367897) is a nonprofit organization based in Centennial, CO, classified under NTEE code E70. The organization reported total revenue of $1.7M and total assets of $22.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colorado Institute Of Familymedicine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Colorado Institute Of Familymedicine is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$105K
Total Expenses$86K
Surplus / Deficit+$20K
Total Assets$18.0M
Total Liabilities$18.2M
Net Assets$-190,522
Operating Margin18.6%
Debt-to-Asset Ratio101.1%
Months of Reserves2516.0 months

Financial Health Grade: A

In 2023, Colorado Institute Of Familymedicine reported a surplus of $20K with revenue exceeding expenses, holds 2516.0 months of operating reserves (strong position), has a debt-to-asset ratio of 101.1% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Colorado Institute Of Familymedicine's revenue has declined at a compound annual growth rate (CAGR) of -8.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-23.9%-35.6%+12.7%
2022+66.0%+61.1%+1.3%
2021-24.6%-32.8%+18.2%
2020+11.5%+25.2%+11.1%
2019-12.3%-17.2%+20.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Colorado Institute Of Familymedicine demonstrates consistent financial activity with relatively stable revenues and expenses over the past decade, typically operating near break-even or with small surpluses/deficits. For instance, in 2023, revenue was $105,395 against expenses of $85,759, showing a surplus. The organization's assets have grown significantly, from $689,617 in 2014 to $17,981,038 in 2023, indicating substantial asset accumulation, though liabilities have also increased proportionally, suggesting these assets may be largely offset by debt or other obligations. The latest filing shows assets of $17,981,038 against liabilities of $18,171,560, indicating a negative net asset position. Spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data. However, the consistent near-zero officer compensation across all reported periods suggests a lean operational structure at the executive level. The organization's financial health appears stable in terms of operational cash flow, but the increasing liabilities relative to assets, leading to negative net assets in recent years, warrants closer examination. The significant growth in assets, despite modest annual revenues, suggests potential capital investments or specific funding streams not fully detailed here. Transparency regarding executive compensation is excellent, with 0% reported for officer compensation in all available filings. However, without a breakdown of expenses into program, administrative, and fundraising categories, a comprehensive assessment of spending efficiency and program focus is limited. The consistent growth in assets and liabilities, particularly the negative net asset position in recent years, indicates a complex financial structure that would benefit from further disclosure.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Colorado Institute Of Familymedicine with a Mission Score of 70 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 Institute Of Familymedicine 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:

$105KTotal Revenue
$86KTotal Expenses
$18.0MTotal Assets
$18.2MTotal Liabilities
$-190,522Net Assets
  • The organization reported a surplus of $20K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 101.1%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with assets exceeding $17 million.

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 Institute Of Familymedicine's IRS 990 filings:

  • Consistent negative net asset position in recent years (e.g., 2023: Assets $17.9M, Liabilities $18.1M)
  • Significant asset growth not clearly explained by reported annual revenues, suggesting potential reliance on non-operating income or capital contributions.
  • Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, limiting full spending efficiency analysis.

Strengths

The following positive indicators were identified for Colorado Institute Of Familymedicine:

  • Excellent transparency regarding executive compensation (0% reported officer compensation across all filings).
  • Consistent operational stability with revenues generally covering expenses.
  • Significant growth in assets over the past decade, indicating successful capital accumulation.

Frequently Asked Questions about Colorado Institute Of Familymedicine

Is Colorado Institute Of Familymedicine a legitimate charity?

Colorado Institute Of Familymedicine (EIN: 208367897) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. 3 red flags identified. 3 strengths noted. Financial health grade: A.

How does Colorado Institute Of Familymedicine spend its money?

Colorado Institute Of Familymedicine directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Colorado Institute Of Familymedicine tax-deductible?

Colorado Institute Of Familymedicine is registered as a tax-exempt nonprofit (EIN: 208367897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Colorado Institute Of Familymedicine CEO make?

Colorado Institute Of Familymedicine's highest-compensated officer earns $17 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Colorado Institute Of Familymedicine's spending goes to programs?

Colorado Institute Of Familymedicine directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Colorado Institute Of Familymedicine compare to similar nonprofits?

With a transparency score of 70/100 (Good), Colorado Institute Of Familymedicine is above average for NTEE category E70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Colorado Institute Of Familymedicine located?

Colorado Institute Of Familymedicine is headquartered in Centennial, Colorado and files with the IRS under EIN 208367897. It is classified under NTEE code E70.

How many years of IRS 990 filings does Colorado Institute Of Familymedicine have?

Colorado Institute Of Familymedicine has 13 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 $1.7M in total revenue.

Why are the organization's liabilities consistently higher than its assets in recent years?

In 2023, assets were $17,981,038 while liabilities were $18,171,560, resulting in negative net assets. This trend is also visible in 2022 ($15,949,703 assets vs. $16,138,880 liabilities). This suggests the organization may be heavily leveraged or has specific accounting treatments for its assets and liabilities.

What is the nature of the significant asset growth given relatively low annual revenues?

Assets grew from $689,617 in 2014 to $17,981,038 in 2023, while annual revenues typically range from $80,000 to $240,000. This substantial asset accumulation, disproportionate to annual operating revenue, suggests significant capital contributions, investments, or non-operating income not detailed in the provided revenue figures.

How does the organization manage to operate with 0% officer compensation?

All available filings show 0% officer compensation. This could imply that executive functions are performed by volunteers, compensated through a related entity, or that the organization's structure does not include paid officers in the traditional sense, which is uncommon for an organization of this size and asset base.

Filing History

IRS 990 filing history for Colorado Institute Of Familymedicine showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Colorado Institute Of Familymedicine's revenue has declined by 65.4%, moving from $304K to $105K. Total assets increased by 4087.8% over the same period, from $429K to $18.0M. Total functional expenses fell by 76.7%, from $367K to $86K. In its most recent filing year (2023), Colorado Institute Of Familymedicine reported a surplus of $20K, with revenue exceeding expenses. The organization holds $18.2M in liabilities against $18.0M in assets (debt-to-asset ratio: 101.1%), resulting in net assets of $-190,522.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $105K $86K $18.0M $18.2M View 990
2022 $138K $133K $15.9M $16.1M View 990
2021 $83K $83K $15.7M $14.5M View 990
2020 $111K $123K $13.3M $13.2M View 990
2019 $99K $98K $12.0M $11.9M View 990
2018 $113K $119K $9.9M $9.8M View 990
2017 $97K $105K $8.0M $7.9M View 990
2016 $212K $209K $6.0M $5.9M View 990
2015 $241K $207K $3.2M $3.0M View 990
2014 $137K $123K $690K $609K View 990
2013 $87K $118K $72K $6K View 990
2012 $286K $558K $121K $25K View 990
2011 $304K $367K $429K $60K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $105K, expenses of $86K, and assets of $18.0M (revenue -23.9% year-over-year).
  • 2022: Revenue of $138K, expenses of $133K, and assets of $15.9M (revenue +66.0% year-over-year).
  • 2021: Revenue of $83K, expenses of $83K, and assets of $15.7M (revenue -24.6% year-over-year).
  • 2020: Revenue of $111K, expenses of $123K, and assets of $13.3M (revenue +11.5% year-over-year).
  • 2019: Revenue of $99K, expenses of $98K, and assets of $12.0M (revenue -12.3% year-over-year).
  • 2018: Revenue of $113K, expenses of $119K, and assets of $9.9M (revenue +16.2% year-over-year).
  • 2017: Revenue of $97K, expenses of $105K, and assets of $8.0M (revenue -54.0% year-over-year).
  • 2016: Revenue of $212K, expenses of $209K, and assets of $6.0M (revenue -12.0% year-over-year).
  • 2015: Revenue of $241K, expenses of $207K, and assets of $3.2M (revenue +75.5% year-over-year).
  • 2014: Revenue of $137K, expenses of $123K, and assets of $690K (revenue +57.4% year-over-year).
  • 2013: Revenue of $87K, expenses of $118K, and assets of $72K (revenue -69.5% year-over-year).
  • 2012: Revenue of $286K, expenses of $558K, and assets of $121K (revenue -6.2% year-over-year).
  • 2011: Revenue of $304K, expenses of $367K, and assets of $429K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Colorado Institute Of Familymedicine:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Colorado Institute Of Familymedicine 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.

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