Downtown Boulder Community Initiatives
EIN: 364848287 · Boulder, CO · NTEE: T50
| Metric | Value |
|---|---|
| Total Revenue | $405K |
| Total Expenses | $691K |
| Net Assets | $215K |
Is Downtown Boulder Community Initiatives Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Downtown Boulder Community Initiatives
Downtown Boulder Community Initiatives (EIN: 364848287) is a nonprofit organization based in Boulder, CO, classified under NTEE code T50. The organization reported total revenue of $405K and total assets of $237K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Boulder Community Initiatives's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Boulder Community Initiatives is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $729K |
| Total Expenses | $691K |
| Surplus / Deficit | +$38K |
| Total Assets | $254K |
| Total Liabilities | $38K |
| Net Assets | $215K |
| Operating Margin | 5.2% |
| Debt-to-Asset Ratio | 15.1% |
| Months of Reserves | 4.4 months |
Financial Health Grade: A
In 2023, Downtown Boulder Community Initiatives reported a surplus of $38K with revenue exceeding expenses, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 15.1% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Downtown Boulder Community Initiatives's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +60.3% | +46.5% | +28.3% |
| 2022 | +79.3% | +92.2% | -0.1% |
| 2021 | +15.0% | -7.0% | +0.7% |
| 2020 | -54.1% | -46.8% | -22.7% |
| 2019 | -29.9% | +2.5% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Downtown Boulder Community Initiatives 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 Downtown Boulder Community Initiatives 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 $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.1%.
Frequently Asked Questions about Downtown Boulder Community Initiatives
Is Downtown Boulder Community Initiatives a legitimate charity?
Downtown Boulder Community Initiatives (EIN: 364848287) is a registered tax-exempt nonprofit based in Colorado. It has 7 years of IRS 990 filings on record. Total revenue: $405K. No red flags identified. Financial health grade: A.
How does Downtown Boulder Community Initiatives spend its money?
Downtown Boulder Community Initiatives reported $405K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Downtown Boulder Community Initiatives tax-deductible?
Downtown Boulder Community Initiatives is registered as a tax-exempt nonprofit (EIN: 364848287). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Downtown Boulder Community Initiatives located?
Downtown Boulder Community Initiatives is headquartered in Boulder, Colorado and files with the IRS under EIN 364848287. It is classified under NTEE code T50.
How many years of IRS 990 filings does Downtown Boulder Community Initiatives have?
Downtown Boulder Community Initiatives has 7 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 $405K in total revenue.
Filing History
IRS 990 filing history for Downtown Boulder Community Initiatives showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Downtown Boulder Community Initiatives's revenue has grown by 74.5%, moving from $418K to $729K. Total assets increased by 291.7% over the same period, from $65K to $254K. Total functional expenses rose by 81.6%, from $381K to $691K. In its most recent filing year (2023), Downtown Boulder Community Initiatives reported a surplus of $38K, with revenue exceeding expenses. The organization holds $38K in liabilities against $254K in assets (debt-to-asset ratio: 15.1%), resulting in net assets of $215K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $729K | $691K | $254K | $38K | — | — |
| 2022 | $455K | $472K | $198K | $20K | — | View 990 |
| 2021 | $254K | $246K | $198K | $3K | — | View 990 |
| 2020 | $221K | $264K | $196K | $10K | — | View 990 |
| 2019 | $480K | $496K | $254K | $24K | — | View 990 |
| 2018 | $684K | $484K | $257K | $11K | — | View 990 |
| 2017 | $418K | $381K | $65K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $729K, expenses of $691K, and assets of $254K (revenue +60.3% year-over-year).
- 2022: Revenue of $455K, expenses of $472K, and assets of $198K (revenue +79.3% year-over-year).
- 2021: Revenue of $254K, expenses of $246K, and assets of $198K (revenue +15.0% year-over-year).
- 2020: Revenue of $221K, expenses of $264K, and assets of $196K (revenue -54.1% year-over-year).
- 2019: Revenue of $480K, expenses of $496K, and assets of $254K (revenue -29.9% year-over-year).
- 2018: Revenue of $684K, expenses of $484K, and assets of $257K (revenue +63.9% year-over-year).
- 2017: Revenue of $418K, expenses of $381K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Boulder Community Initiatives:
Data Sources and Methodology
This transparency report for Downtown Boulder Community Initiatives 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.