Colorado Restaurant Association Education Fund
EIN: 742488379 · Denver, CO · NTEE: B82Z
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $1.6M |
| Net Assets | $859K |
Is Colorado Restaurant Association Education Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Colorado Restaurant Association Education Fund
Colorado Restaurant Association Education Fund (EIN: 742488379) is a nonprofit organization based in Denver, CO, classified under NTEE code B82Z. The organization reported total revenue of $3.1M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colorado Restaurant Association Education Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colorado Restaurant Association Education Fund is a mid-size nonprofit that has been operating for 38 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $873K |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-712,197 |
| Total Assets | $1.3M |
| Total Liabilities | $452K |
| Net Assets | $859K |
| Operating Margin | -81.6% |
| Debt-to-Asset Ratio | 34.5% |
| Months of Reserves | 9.9 months |
Financial Health Grade: B
In 2023, Colorado Restaurant Association Education Fund reported a deficit of $712K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 34.5% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Colorado Restaurant Association Education Fund's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.8% | -21.2% | -19.3% |
| 2022 | -31.8% | -52.9% | -26.6% |
| 2021 | -57.2% | +36.5% | -41.7% |
| 2020 | +526.6% | +243.3% | +230.0% |
| 2019 | -50.2% | -0.9% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Colorado Restaurant Association Education Fund 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 Restaurant Association Education Fund 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 $712K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.5%.
Frequently Asked Questions about Colorado Restaurant Association Education Fund
Is Colorado Restaurant Association Education Fund a legitimate charity?
Colorado Restaurant Association Education Fund (EIN: 742488379) is a registered tax-exempt nonprofit based in Colorado. It has 14 years of IRS 990 filings on record. Total revenue: $3.1M. No red flags identified. Financial health grade: B.
How does Colorado Restaurant Association Education Fund spend its money?
Colorado Restaurant Association Education Fund reported $3.1M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Colorado Restaurant Association Education Fund tax-deductible?
Colorado Restaurant Association Education Fund is registered as a tax-exempt nonprofit (EIN: 742488379). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Colorado Restaurant Association Education Fund located?
Colorado Restaurant Association Education Fund is headquartered in Denver, Colorado and files with the IRS under EIN 742488379. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does Colorado Restaurant Association Education Fund have?
Colorado Restaurant Association Education Fund has 14 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 $3.1M in total revenue.
Filing History
IRS 990 filing history for Colorado Restaurant Association Education Fund showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Colorado Restaurant Association Education Fund's revenue has grown by 115.9%, moving from $404K to $873K. Total assets increased by 934.9% over the same period, from $127K to $1.3M. Total functional expenses rose by 303.3%, from $393K to $1.6M. In its most recent filing year (2023), Colorado Restaurant Association Education Fund reported a deficit of $712K, with expenses exceeding revenue. The organization holds $452K in liabilities against $1.3M in assets (debt-to-asset ratio: 34.5%), resulting in net assets of $859K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $873K | $1.6M | $1.3M | $452K | — | — |
| 2022 | $1.7M | $2.0M | $1.6M | $182K | — | View 990 |
| 2021 | $2.5M | $4.3M | $2.2M | $265K | — | View 990 |
| 2020 | $5.7M | $3.1M | $3.8M | $39K | — | — |
| 2019 | $914K | $911K | $1.1M | $66K | — | View 990 |
| 2018 | $1.8M | $919K | $1.1M | $31K | — | View 990 |
| 2017 | $791K | $750K | $170K | $29K | — | View 990 |
| 2016 | $919K | $878K | $211K | $111K | — | View 990 |
| 2015 | $378K | $361K | $104K | $46K | — | View 990 |
| 2014 | $35K | $55K | $88K | $47K | — | View 990 |
| 2014 | $347K | $356K | $147K | $86K | — | View 990 |
| 2013 | $336K | $359K | $107K | $37K | — | View 990 |
| 2012 | $351K | $346K | $145K | $52K | — | View 990 |
| 2011 | $404K | $393K | $127K | $39K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $873K, expenses of $1.6M, and assets of $1.3M (revenue -47.8% year-over-year).
- 2022: Revenue of $1.7M, expenses of $2.0M, and assets of $1.6M (revenue -31.8% year-over-year).
- 2021: Revenue of $2.5M, expenses of $4.3M, and assets of $2.2M (revenue -57.2% year-over-year).
- 2020: Revenue of $5.7M, expenses of $3.1M, and assets of $3.8M (revenue +526.6% year-over-year).
- 2019: Revenue of $914K, expenses of $911K, and assets of $1.1M (revenue -50.2% year-over-year).
- 2018: Revenue of $1.8M, expenses of $919K, and assets of $1.1M (revenue +131.9% year-over-year).
- 2017: Revenue of $791K, expenses of $750K, and assets of $170K (revenue -13.9% year-over-year).
- 2016: Revenue of $919K, expenses of $878K, and assets of $211K (revenue +143.1% year-over-year).
- 2015: Revenue of $378K, expenses of $361K, and assets of $104K (revenue +968.2% year-over-year).
- 2014: Revenue of $35K, expenses of $55K, and assets of $88K (revenue -89.8% year-over-year).
- 2014: Revenue of $347K, expenses of $356K, and assets of $147K (revenue +3.3% year-over-year).
- 2013: Revenue of $336K, expenses of $359K, and assets of $107K (revenue -4.3% year-over-year).
- 2012: Revenue of $351K, expenses of $346K, and assets of $145K (revenue -13.1% year-over-year).
- 2011: Revenue of $404K, expenses of $393K, and assets of $127K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colorado Restaurant Association Education Fund:
Data Sources and Methodology
This transparency report for Colorado Restaurant Association Education Fund 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.