Denver City Lax
Denver City Lax consistently grows assets and operates with surpluses, reporting no officer compensation.
EIN: 20804773 · Denver, CO · NTEE: N40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $723K |
| Total Expenses | $535K |
| Program Spending | 85% |
| Net Assets | $533K |
| Transparency Score | 92/100 |
Is Denver City Lax Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Denver City Lax directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Denver City Lax
Denver City Lax (EIN: 20804773) is a nonprofit organization based in Denver, CO, classified under NTEE code N40. The organization reported total revenue of $723K and total assets of $568K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Denver City Lax's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Denver City Lax is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 22.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $564K |
| Total Expenses | $535K |
| Surplus / Deficit | +$29K |
| Total Assets | $535K |
| Total Liabilities | $2K |
| Net Assets | $533K |
| Operating Margin | 5.2% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 12.0 months |
Financial Health Grade: A
In 2023, Denver City Lax reported a surplus of $29K with revenue exceeding expenses, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2023), Denver City Lax's revenue has grown at a compound annual growth rate (CAGR) of 22.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.5% | +9.6% | +6.4% |
| 2022 | +9.5% | +12.0% | +29.9% |
| 2021 | +30.8% | +14.8% | +42.6% |
| 2020 | -5.7% | -14.2% | +18.2% |
| 2019 | +4.8% | +17.4% | +10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Denver City Lax with a Mission Score of 92 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, Denver City Lax 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: 0.4%.
Executive Compensation Analysis
Denver City Lax reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which is a strong positive for donor perception and 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 Denver City Lax:
- Consistent operational surpluses, such as $29,386 in 202308 ($563,984 revenue - $534,598 expenses).
- Strong asset growth, from $56,257 in 201408 to $534,942 in 202308.
- Extremely low liabilities, only $2,097 in 202308, indicating minimal debt.
- 0% reported officer compensation across all filings, suggesting efficient use of funds.
- Consistent revenue growth over the past decade, demonstrating increasing support and program reach.
Frequently Asked Questions about Denver City Lax
Is Denver City Lax a legitimate charity?
Denver City Lax (EIN: 20804773) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $723K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Denver City Lax spend its money?
Denver City Lax directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Denver City Lax tax-deductible?
Denver City Lax is registered as a tax-exempt nonprofit (EIN: 20804773). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Denver City Lax's spending goes to programs?
Denver City Lax directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Denver City Lax compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Denver City Lax is above average for NTEE category N40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Denver City Lax located?
Denver City Lax is headquartered in Denver, Colorado and files with the IRS under EIN 20804773. It is classified under NTEE code N40.
How many years of IRS 990 filings does Denver City Lax have?
Denver City Lax 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 $723K in total revenue.
Is Denver City Lax a good charity?
Based on the provided financial data, Denver City Lax appears to be a very good charity. It consistently operates with a surplus, has growing assets, and reports no officer compensation, suggesting efficient use of funds and strong financial management.
How has Denver City Lax's financial health changed over time?
Denver City Lax has shown consistent financial growth and stability. Revenue has generally increased, from $69,568 in 201408 to $563,984 in 202308, and assets have grown significantly from $56,257 to $534,942 over the same period, indicating strong financial health and sustainability.
What is Denver City Lax's approach to executive compensation?
Denver City Lax reports 0% officer compensation in all available IRS 990 filings, suggesting a highly volunteer-driven leadership or that executive compensation is structured in a way that is not reported under this category, which is a positive indicator for resource allocation.
Filing History
IRS 990 filing history for Denver City Lax showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Denver City Lax's revenue has grown by 810.3%, moving from $62K to $564K. Total assets increased by 4160.1% over the same period, from $13K to $535K. Total functional expenses rose by 626.1%, from $74K to $535K. In its most recent filing year (2023), Denver City Lax reported a surplus of $29K, with revenue exceeding expenses. The organization holds $2K in liabilities against $535K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $533K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $564K | $535K | $535K | $2K | — | View 990 |
| 2022 | $603K | $488K | $503K | $2K | — | View 990 |
| 2021 | $551K | $436K | $387K | $2K | — | View 990 |
| 2020 | $421K | $379K | $271K | $1K | — | — |
| 2019 | $447K | $442K | $230K | $1K | — | View 990 |
| 2018 | $426K | $377K | $208K | $2K | — | View 990 |
| 2017 | $416K | $398K | $157K | $606 | — | View 990 |
| 2016 | $298K | $284K | $140K | $263 | — | View 990 |
| 2015 | $336K | $267K | $126K | $109 | — | View 990 |
| 2014 | $70K | $93K | $56K | $0 | — | View 990 |
| 2014 | $173K | $119K | $80K | $993 | — | View 990 |
| 2013 | $84K | $64K | $30K | $4K | — | View 990 |
| 2012 | $62K | $74K | $13K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $564K, expenses of $535K, and assets of $535K (revenue -6.5% year-over-year).
- 2022: Revenue of $603K, expenses of $488K, and assets of $503K (revenue +9.5% year-over-year).
- 2021: Revenue of $551K, expenses of $436K, and assets of $387K (revenue +30.8% year-over-year).
- 2020: Revenue of $421K, expenses of $379K, and assets of $271K (revenue -5.7% year-over-year).
- 2019: Revenue of $447K, expenses of $442K, and assets of $230K (revenue +4.8% year-over-year).
- 2018: Revenue of $426K, expenses of $377K, and assets of $208K (revenue +2.4% year-over-year).
- 2017: Revenue of $416K, expenses of $398K, and assets of $157K (revenue +39.6% year-over-year).
- 2016: Revenue of $298K, expenses of $284K, and assets of $140K (revenue -11.3% year-over-year).
- 2015: Revenue of $336K, expenses of $267K, and assets of $126K (revenue +382.9% year-over-year).
- 2014: Revenue of $70K, expenses of $93K, and assets of $56K (revenue -59.7% year-over-year).
- 2014: Revenue of $173K, expenses of $119K, and assets of $80K (revenue +105.6% year-over-year).
- 2013: Revenue of $84K, expenses of $64K, and assets of $30K (revenue +35.6% year-over-year).
- 2012: Revenue of $62K, expenses of $74K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Denver City Lax:
Data Sources and Methodology
This transparency report for Denver City Lax 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.