Colores United
EIN: 842330004 · Deming, NM · NTEE: C11
Is Colores United Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Colores United
Colores United (EIN: 842330004) is a nonprofit organization based in Deming, NM, classified under NTEE code C11. The organization reported total revenue of $995K and total assets of $166K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colores United's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Colores United 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 Colores United 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.
Frequently Asked Questions about Colores United
Is Colores United a legitimate charity?
Based on AI analysis of IRS 990 filings, Colores United (EIN: 842330004) insufficient data. 0 red flags identified, 0 strengths noted.
How does Colores United spend its money?
Detailed spending breakdown data is not yet available for Colores United. Check back for updated IRS 990 analysis.
Are donations to Colores United tax-deductible?
Colores United is registered as a tax-exempt nonprofit (EIN: 842330004). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Colores United showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), Colores United's revenue has grown by 170.5%, moving from $368K to $995K. Total assets increased by 266.9% over the same period, from $45K to $166K. Total functional expenses rose by 195.7%, from $342K to $1.0M. In its most recent filing year (2024), Colores United reported a deficit of $16K, with expenses exceeding revenue. The organization holds $140K in liabilities against $166K in assets (debt-to-asset ratio: 84.1%), resulting in net assets of $26K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $995K | $1.0M | $166K | $140K | — | View 990 |
| 2023 | $368K | $342K | $45K | $15K | — | View 990 |
Data Sources and Methodology
This transparency report for Colores United 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.