Cortez Retail Enhancement Association
Cortez Retail Enhancement Association shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 204812140 · Cortez, CO · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $259K |
| Total Expenses | $227K |
| Program Spending | 85% |
| Net Assets | $205K |
| Transparency Score | 90/100 |
Search Intent Cockpit
Cortez Retail Enhancement Association Form 990, Revenue, CEO Pay, and IRS Filing Signals
Cortez Retail Enhancement Association is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Cortez Retail Enhancement Association in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $256K and expenses of $227K.
Revenue and Expenses
Cortez Retail Enhancement Association reported $256K in revenue and $227K in expenses, a surplus of $29K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
90/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Cortez Retail Enhancement Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $193K (85%) |
Across stored filings, Cortez Retail Enhancement Association shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with International Midwife Assistance Inc | Colorado and Community Improvement context |
Trust Check
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Cortez Retail Enhancement Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cortez Retail Enhancement Association
Cortez Retail Enhancement Association (EIN: 204812140) is a nonprofit organization based in Cortez, CO, classified under NTEE code S41. The organization reported total revenue of $259K and total assets of $284K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cortez Retail Enhancement Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cortez Retail Enhancement Association is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $256K |
| Total Expenses | $227K |
| Surplus / Deficit | +$29K |
| Total Assets | $235K |
| Total Liabilities | $30K |
| Net Assets | $205K |
| Operating Margin | 11.4% |
| Debt-to-Asset Ratio | 12.7% |
| Months of Reserves | 12.4 months |
Financial Health Grade: A
In 2023, Cortez Retail Enhancement Association reported a surplus of $29K with revenue exceeding expenses, holds 12.4 months of operating reserves (strong position), has a debt-to-asset ratio of 12.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cortez Retail Enhancement Association's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | +4.5% | +19.1% |
| 2022 | -3.6% | +5.2% | +18.1% |
| 2021 | +19.8% | +15.9% | +38.1% |
| 2020 | -11.0% | -20.4% | +16.5% |
| 2019 | +5.0% | -0.9% | +24.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2006 |
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 Cortez Retail Enhancement Association with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cortez Retail Enhancement Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $29K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based, which is a positive sign for efficient resource allocation.
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.
Strengths
The following positive indicators were identified for Cortez Retail Enhancement Association:
- Consistent revenue growth, from $194,097 in 2014 to $256,024 in 2023.
- Strong asset accumulation, with assets growing from $85,016 in 2014 to $234,997 in 2023.
- Zero reported officer compensation across all filings, indicating volunteer leadership and efficient use of funds.
- Consistent operational surpluses, with revenue exceeding expenses in most years (e.g., $256,024 revenue vs. $226,769 expenses in 2023).
- High transparency with 13 consistent IRS 990 filings.
Frequently Asked Questions about Cortez Retail Enhancement Association
Is Cortez Retail Enhancement Association a legitimate charity?
Cortez Retail Enhancement Association (EIN: 204812140) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $259K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Cortez Retail Enhancement Association spend its money?
Cortez Retail Enhancement Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cortez Retail Enhancement Association tax-deductible?
Cortez Retail Enhancement Association is registered as a tax-exempt nonprofit (EIN: 204812140). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cortez Retail Enhancement Association's spending goes to programs?
Cortez Retail Enhancement Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cortez Retail Enhancement Association compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Cortez Retail Enhancement Association is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cortez Retail Enhancement Association located?
Cortez Retail Enhancement Association is headquartered in Cortez, Colorado and files with the IRS under EIN 204812140. It is classified under NTEE code S41.
How many years of IRS 990 filings does Cortez Retail Enhancement Association have?
Cortez Retail Enhancement Association 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 $259K in total revenue.
Is Cortez Retail Enhancement Association a good charity?
Based on its consistent financial growth, healthy asset accumulation, and zero reported officer compensation, the Cortez Retail Enhancement Association appears to be a well-managed and efficient organization, suggesting it is a good charity in terms of financial stewardship.
How has the organization's financial health changed over the last decade?
The organization has shown consistent financial improvement over the last decade, with revenue growing from $194,097 in 2014 to $256,024 in 2023, and assets increasing from $85,016 to $234,997 in the same period, indicating strong financial health and growth.
What is the trend in the organization's net assets?
The organization's net assets have shown a strong upward trend, increasing from $85,016 in 2014 to $234,997 in 2023, demonstrating consistent surpluses and effective financial management.
Filing History
IRS 990 filing history for Cortez Retail Enhancement Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cortez Retail Enhancement Association's revenue has grown by 50.3%, moving from $170K to $256K. Total assets increased by 138.5% over the same period, from $99K to $235K. Total functional expenses rose by 64.9%, from $138K to $227K. In its most recent filing year (2023), Cortez Retail Enhancement Association reported a surplus of $29K, with revenue exceeding expenses. The organization holds $30K in liabilities against $235K in assets (debt-to-asset ratio: 12.7%), resulting in net assets of $205K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $256K | $227K | $235K | $30K | — | — |
| 2022 | $246K | $217K | $197K | $21K | — | View 990 |
| 2021 | $256K | $206K | $167K | $21K | — | View 990 |
| 2020 | $213K | $178K | $121K | $24K | — | View 990 |
| 2019 | $240K | $224K | $104K | $42K | — | View 990 |
| 2018 | $228K | $226K | $83K | $38K | — | View 990 |
| 2017 | $218K | $204K | $76K | $32K | — | View 990 |
| 2016 | $210K | $229K | $59K | $29K | — | View 990 |
| 2015 | $203K | $183K | $73K | $24K | — | View 990 |
| 2014 | $194K | $189K | $85K | $56K | — | View 990 |
| 2013 | $189K | $199K | $97K | $70K | — | View 990 |
| 2012 | $184K | $194K | $96K | $58K | — | View 990 |
| 2011 | $170K | $138K | $99K | $51K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $256K, expenses of $227K, and assets of $235K (revenue +4.0% year-over-year).
- 2022: Revenue of $246K, expenses of $217K, and assets of $197K (revenue -3.6% year-over-year).
- 2021: Revenue of $256K, expenses of $206K, and assets of $167K (revenue +19.8% year-over-year).
- 2020: Revenue of $213K, expenses of $178K, and assets of $121K (revenue -11.0% year-over-year).
- 2019: Revenue of $240K, expenses of $224K, and assets of $104K (revenue +5.0% year-over-year).
- 2018: Revenue of $228K, expenses of $226K, and assets of $83K (revenue +4.9% year-over-year).
- 2017: Revenue of $218K, expenses of $204K, and assets of $76K (revenue +3.8% year-over-year).
- 2016: Revenue of $210K, expenses of $229K, and assets of $59K (revenue +3.3% year-over-year).
- 2015: Revenue of $203K, expenses of $183K, and assets of $73K (revenue +4.6% year-over-year).
- 2014: Revenue of $194K, expenses of $189K, and assets of $85K (revenue +2.8% year-over-year).
- 2013: Revenue of $189K, expenses of $199K, and assets of $97K (revenue +2.6% year-over-year).
- 2012: Revenue of $184K, expenses of $194K, and assets of $96K (revenue +8.1% year-over-year).
- 2011: Revenue of $170K, expenses of $138K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cortez Retail Enhancement Association:
Data Sources and Methodology
This transparency report for Cortez Retail Enhancement Association 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.