Flatirons Elementary Pto
Flatirons Elementary PTO consistently operates with volunteer leadership and fluctuating but generally stable finances.
EIN: 202666932 · Boulder, CO · NTEE: B94 · Updated: 2026-03-28
Is Flatirons Elementary Pto Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Flatirons Elementary Pto directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Flatirons Elementary Pto
Flatirons Elementary Pto (EIN: 202666932) is a nonprofit organization based in Boulder, CO, classified under NTEE code B94. The organization reported total revenue of $141K and total assets of $116K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Flatirons Elementary Pto's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Flatirons Elementary Pto is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $91K |
| Surplus / Deficit | +$22K |
| Total Assets | $39K |
| Net Assets | $39K |
| Operating Margin | 19.5% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2024, Flatirons Elementary Pto reported a surplus of $22K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2012–2024), Flatirons Elementary Pto's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.1% | -30.4% | +127.3% |
| 2023 | -12.9% | +46.2% | -63.9% |
| 2022 | +47.8% | +17.8% | +111.2% |
| 2021 | +8.2% | +7.3% | +8.2% |
| 2020 | -36.4% | -62.6% | -77.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Flatirons Elementary Pto 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Flatirons Elementary Pto allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is entirely volunteer-run at the leadership level, which is highly commendable for a PTO of this size.
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.
Red Flags
The following concerns were identified during AI analysis of Flatirons Elementary Pto's IRS 990 filings:
- Occasional deficit spending, such as in 2023 where expenses ($130,805) significantly exceeded revenue ($100,049).
Strengths
The following positive indicators were identified for Flatirons Elementary Pto:
- Consistent 0% officer compensation, indicating all funds go to mission.
- Regular and transparent IRS 990 filings over 13 periods.
- Generally low to zero liabilities, indicating sound short-term financial management.
- Strong community focus as a Parent-Teacher Organization (NTEE B94).
Frequently Asked Questions about Flatirons Elementary Pto
Is Flatirons Elementary Pto a legitimate charity?
Based on AI analysis of IRS 990 filings, Flatirons Elementary Pto (EIN: 202666932) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Flatirons Elementary Pto spend its money?
Flatirons Elementary Pto directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Flatirons Elementary Pto tax-deductible?
Flatirons Elementary Pto is registered as a tax-exempt nonprofit (EIN: 202666932). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Flatirons Elementary PTO a good charity?
Based on the available data, Flatirons Elementary PTO appears to be a good charity. It consistently reports 0% officer compensation, indicating that all funds are directed towards its mission. Its financial filings are regular, demonstrating transparency.
How does Flatirons Elementary PTO manage its finances?
The PTO manages its finances with consistent revenue generation, typically between $70,000 and $145,000 annually. While there have been periods of deficit spending (e.g., 2023 with $130,805 expenses vs. $100,049 revenue), it generally maintains a healthy balance sheet with low to no liabilities.
What is the trend in Flatirons Elementary PTO's assets?
Flatirons Elementary PTO's assets have fluctuated over time, from a high of $103,414 in 2016 to a low of $17,358 in 2023, before recovering to $39,447 in 2024. This suggests periods of significant spending followed by rebuilding reserves.
Filing History
IRS 990 filing history for Flatirons Elementary Pto showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Flatirons Elementary Pto's revenue has grown by 76.9%, moving from $64K to $113K. Total assets decreased by 38.9% over the same period, from $65K to $39K. Total functional expenses rose by 56.5%, from $58K to $91K. In its most recent filing year (2024), Flatirons Elementary Pto reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $113K | $91K | $39K | $0 | — | — |
| 2023 | $100K | $131K | $17K | $0 | — | View 990 |
| 2022 | $115K | $89K | $48K | $0 | — | View 990 |
| 2021 | $78K | $76K | $23K | $0 | — | View 990 |
| 2020 | $72K | $71K | $21K | $0 | — | View 990 |
| 2019 | $113K | $190K | $92K | $72K | — | View 990 |
| 2018 | $145K | $147K | $97K | $0 | — | View 990 |
| 2017 | $142K | $147K | $98K | $0 | — | View 990 |
| 2016 | $124K | $106K | $103K | $0 | — | View 990 |
| 2015 | $134K | $144K | $86K | $0 | — | View 990 |
| 2014 | $102K | $92K | $97K | $0 | — | View 990 |
| 2013 | $112K | $90K | $87K | $0 | — | View 990 |
| 2012 | $64K | $58K | $65K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $113K, expenses of $91K, and assets of $39K (revenue +13.1% year-over-year).
- 2023: Revenue of $100K, expenses of $131K, and assets of $17K (revenue -12.9% year-over-year).
- 2022: Revenue of $115K, expenses of $89K, and assets of $48K (revenue +47.8% year-over-year).
- 2021: Revenue of $78K, expenses of $76K, and assets of $23K (revenue +8.2% year-over-year).
- 2020: Revenue of $72K, expenses of $71K, and assets of $21K (revenue -36.4% year-over-year).
- 2019: Revenue of $113K, expenses of $190K, and assets of $92K (revenue -22.3% year-over-year).
- 2018: Revenue of $145K, expenses of $147K, and assets of $97K (revenue +2.7% year-over-year).
- 2017: Revenue of $142K, expenses of $147K, and assets of $98K (revenue +14.5% year-over-year).
- 2016: Revenue of $124K, expenses of $106K, and assets of $103K (revenue -7.4% year-over-year).
- 2015: Revenue of $134K, expenses of $144K, and assets of $86K (revenue +30.9% year-over-year).
- 2014: Revenue of $102K, expenses of $92K, and assets of $97K (revenue -9.2% year-over-year).
- 2013: Revenue of $112K, expenses of $90K, and assets of $87K (revenue +75.7% year-over-year).
- 2012: Revenue of $64K, expenses of $58K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Flatirons Elementary Pto:
Data Sources and Methodology
This transparency report for Flatirons Elementary Pto 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.