Destination Colorado Meetings A Nonprofit Corporation
EIN: 841340835 · Wolcott, CO
| Metric | Value |
|---|---|
| Total Revenue | $558K |
| Total Expenses | $406K |
| Net Assets | $255K |
Is Destination Colorado Meetings A Nonprofit Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Destination Colorado Meetings A Nonprofit Corporation
Destination Colorado Meetings A Nonprofit Corporation (EIN: 841340835) is a nonprofit organization based in Wolcott, CO. The organization reported total revenue of $558K and total assets of $499K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Destination Colorado Meetings A Nonprofit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Destination Colorado Meetings A Nonprofit Corporation is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $453K |
| Total Expenses | $406K |
| Surplus / Deficit | +$47K |
| Total Assets | $411K |
| Total Liabilities | $156K |
| Net Assets | $255K |
| Operating Margin | 10.4% |
| Debt-to-Asset Ratio | 37.9% |
| Months of Reserves | 12.1 months |
Financial Health Grade: A
In 2023, Destination Colorado Meetings A Nonprofit Corporation reported a surplus of $47K with revenue exceeding expenses, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 37.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Destination Colorado Meetings A Nonprofit Corporation's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.2% | +17.8% | -17.3% |
| 2022 | +21.8% | +7.4% | +4.3% |
| 2021 | +70.9% | +54.9% | +42.5% |
| 2020 | -50.4% | -47.8% | +5.0% |
| 2019 | -13.4% | -2.0% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Destination Colorado Meetings A Nonprofit Corporation 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 Destination Colorado Meetings A Nonprofit Corporation 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 surplus of $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.9%.
Frequently Asked Questions about Destination Colorado Meetings A Nonprofit Corporation
Is Destination Colorado Meetings A Nonprofit Corporation a legitimate charity?
Destination Colorado Meetings A Nonprofit Corporation (EIN: 841340835) is a registered tax-exempt nonprofit based in Colorado. It has 13 years of IRS 990 filings on record. Total revenue: $558K. No red flags identified. Financial health grade: A.
How does Destination Colorado Meetings A Nonprofit Corporation spend its money?
Destination Colorado Meetings A Nonprofit Corporation reported $558K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Destination Colorado Meetings A Nonprofit Corporation tax-deductible?
Destination Colorado Meetings A Nonprofit Corporation is registered as a tax-exempt nonprofit (EIN: 841340835). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Destination Colorado Meetings A Nonprofit Corporation located?
Destination Colorado Meetings A Nonprofit Corporation is headquartered in Wolcott, Colorado and files with the IRS under EIN 841340835.
How many years of IRS 990 filings does Destination Colorado Meetings A Nonprofit Corporation have?
Destination Colorado Meetings A Nonprofit Corporation 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 $558K in total revenue.
Filing History
IRS 990 filing history for Destination Colorado Meetings A Nonprofit Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Destination Colorado Meetings A Nonprofit Corporation's revenue has grown by 113.2%, moving from $213K to $453K. Total assets increased by 287.5% over the same period, from $106K to $411K. Total functional expenses rose by 82.4%, from $223K to $406K. In its most recent filing year (2023), Destination Colorado Meetings A Nonprofit Corporation reported a surplus of $47K, with revenue exceeding expenses. The organization holds $156K in liabilities against $411K in assets (debt-to-asset ratio: 37.9%), resulting in net assets of $255K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $453K | $406K | $411K | $156K | — | — |
| 2022 | $374K | $345K | $497K | $288K | — | View 990 |
| 2021 | $307K | $321K | $476K | $297K | — | View 990 |
| 2020 | $180K | $207K | $334K | $141K | — | — |
| 2019 | $362K | $397K | $318K | $135K | — | View 990 |
| 2018 | $418K | $405K | $312K | $90K | — | View 990 |
| 2017 | $390K | $375K | $211K | $120K | — | View 990 |
| 2016 | $379K | $344K | $226K | $41K | — | View 990 |
| 2015 | $336K | $320K | $178K | $29K | — | View 990 |
| 2014 | $351K | $342K | $133K | $0 | — | View 990 |
| 2013 | $233K | $234K | $123K | $0 | — | View 990 |
| 2012 | $243K | $240K | $109K | $-20,436 | — | View 990 |
| 2011 | $213K | $223K | $106K | $-20,572 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $453K, expenses of $406K, and assets of $411K (revenue +21.2% year-over-year).
- 2022: Revenue of $374K, expenses of $345K, and assets of $497K (revenue +21.8% year-over-year).
- 2021: Revenue of $307K, expenses of $321K, and assets of $476K (revenue +70.9% year-over-year).
- 2020: Revenue of $180K, expenses of $207K, and assets of $334K (revenue -50.4% year-over-year).
- 2019: Revenue of $362K, expenses of $397K, and assets of $318K (revenue -13.4% year-over-year).
- 2018: Revenue of $418K, expenses of $405K, and assets of $312K (revenue +7.2% year-over-year).
- 2017: Revenue of $390K, expenses of $375K, and assets of $211K (revenue +2.9% year-over-year).
- 2016: Revenue of $379K, expenses of $344K, and assets of $226K (revenue +12.7% year-over-year).
- 2015: Revenue of $336K, expenses of $320K, and assets of $178K (revenue -4.2% year-over-year).
- 2014: Revenue of $351K, expenses of $342K, and assets of $133K (revenue +50.9% year-over-year).
- 2013: Revenue of $233K, expenses of $234K, and assets of $123K (revenue -4.1% year-over-year).
- 2012: Revenue of $243K, expenses of $240K, and assets of $109K (revenue +14.3% year-over-year).
- 2011: Revenue of $213K, expenses of $223K, and assets of $106K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Destination Colorado Meetings A Nonprofit Corporation:
Data Sources and Methodology
This transparency report for Destination Colorado Meetings A Nonprofit Corporation 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.