Denver Community Ventures
EIN: 453714223 · Denver, CO · NTEE: L118
| Metric | Value |
|---|---|
| Total Revenue | $680K |
| Total Expenses | $428K |
| Net Assets | $773K |
Is Denver Community Ventures Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Denver Community Ventures
Denver Community Ventures (EIN: 453714223) is a nonprofit organization based in Denver, CO, classified under NTEE code L118. The organization reported total revenue of $680K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Denver Community Ventures's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Denver Community Ventures is a small nonprofit that has been operating for 13 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 17.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $395K |
| Total Expenses | $428K |
| Surplus / Deficit | $-33,542 |
| Total Assets | $935K |
| Total Liabilities | $163K |
| Net Assets | $773K |
| Operating Margin | -8.5% |
| Debt-to-Asset Ratio | 17.4% |
| Months of Reserves | 26.2 months |
Financial Health Grade: B
In 2023, Denver Community Ventures reported a deficit of $34K with expenses exceeding revenue, holds 26.2 months of operating reserves (strong position), has a debt-to-asset ratio of 17.4% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Denver Community Ventures's revenue has grown at a compound annual growth rate (CAGR) of 17.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +69.7% | +165.5% | +12.0% |
| 2022 | -47.2% | -41.2% | +9.3% |
| 2021 | -8.8% | -20.7% | +28.4% |
| 2020 | +114.9% | +325.0% | +35.7% |
| 2019 | +11.0% | -37.8% | +49.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Denver Community Ventures 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 Denver Community Ventures 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 $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.4%.
Frequently Asked Questions about Denver Community Ventures
Is Denver Community Ventures a legitimate charity?
Denver Community Ventures (EIN: 453714223) is a registered tax-exempt nonprofit based in Colorado. It has 8 years of IRS 990 filings on record. Total revenue: $680K. No red flags identified. Financial health grade: B.
How does Denver Community Ventures spend its money?
Denver Community Ventures reported $680K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Denver Community Ventures tax-deductible?
Denver Community Ventures is registered as a tax-exempt nonprofit (EIN: 453714223). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Denver Community Ventures located?
Denver Community Ventures is headquartered in Denver, Colorado and files with the IRS under EIN 453714223. It is classified under NTEE code L118.
How many years of IRS 990 filings does Denver Community Ventures have?
Denver Community Ventures has 8 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 $680K in total revenue.
Filing History
IRS 990 filing history for Denver Community Ventures showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Denver Community Ventures's revenue has grown by 205.2%, moving from $129K to $395K. Total assets increased by 488.2% over the same period, from $159K to $935K. Total functional expenses rose by 394.5%, from $87K to $428K. In its most recent filing year (2023), Denver Community Ventures reported a deficit of $34K, with expenses exceeding revenue. The organization holds $163K in liabilities against $935K in assets (debt-to-asset ratio: 17.4%), resulting in net assets of $773K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $395K | $428K | $935K | $163K | — | — |
| 2022 | $233K | $161K | $835K | $29K | — | — |
| 2021 | $441K | $274K | $764K | $29K | — | View 990 |
| 2020 | $483K | $346K | $595K | $26K | — | — |
| 2019 | $225K | $81K | $438K | $7K | — | View 990 |
| 2018 | $203K | $131K | $294K | $6K | — | View 990 |
| 2017 | $346K | $290K | $217K | $43K | — | View 990 |
| 2016 | $129K | $87K | $159K | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $395K, expenses of $428K, and assets of $935K (revenue +69.7% year-over-year).
- 2022: Revenue of $233K, expenses of $161K, and assets of $835K (revenue -47.2% year-over-year).
- 2021: Revenue of $441K, expenses of $274K, and assets of $764K (revenue -8.8% year-over-year).
- 2020: Revenue of $483K, expenses of $346K, and assets of $595K (revenue +114.9% year-over-year).
- 2019: Revenue of $225K, expenses of $81K, and assets of $438K (revenue +11.0% year-over-year).
- 2018: Revenue of $203K, expenses of $131K, and assets of $294K (revenue -41.4% year-over-year).
- 2017: Revenue of $346K, expenses of $290K, and assets of $217K (revenue +167.6% year-over-year).
- 2016: Revenue of $129K, expenses of $87K, and assets of $159K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Denver Community Ventures:
Data Sources and Methodology
This transparency report for Denver Community Ventures 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.