Grand Valley Catholic Outreach Inc
Grand Valley Catholic Outreach Inc shows strong asset growth and zero reported officer compensation over a decade.
EIN: 200064007 · Grand Jct, CO · NTEE: P20 · Updated: 2026-03-28
Is Grand Valley Catholic Outreach Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grand Valley Catholic Outreach Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grand Valley Catholic Outreach Inc
Grand Valley Catholic Outreach Inc (EIN: 200064007) is a nonprofit organization based in Grand Jct, CO, classified under NTEE code P20. The organization reported total revenue of $4.6M and total assets of $24.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Valley Catholic Outreach Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Valley Catholic Outreach Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.0M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$6.1M |
| Total Assets | $24.1M |
| Total Liabilities | $1.3M |
| Net Assets | $22.8M |
| Operating Margin | 68.3% |
| Debt-to-Asset Ratio | 5.4% |
| Months of Reserves | 101.8 months |
Financial Health Grade: A
In 2024, Grand Valley Catholic Outreach Inc reported a surplus of $6.1M with revenue exceeding expenses, holds 101.8 months of operating reserves (strong position), has a debt-to-asset ratio of 5.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Grand Valley Catholic Outreach Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +79.7% | -12.1% | +43.8% |
| 2023 | -3.1% | +5.6% | +11.9% |
| 2022 | +25.0% | -10.5% | +16.1% |
| 2021 | +3.3% | +19.5% | +6.2% |
| 2020 | +11.7% | -4.5% | +10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Grand Valley Catholic Outreach Inc with a Mission Score of 95 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: 90%
- fundraising: 5%
According to IRS 990 filings, Grand Valley Catholic Outreach Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $6.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.4%.
Executive Compensation Analysis
Grand Valley Catholic Outreach Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers. This is a highly positive sign, suggesting that all resources are directed towards the organization's mission rather than executive pay, especially for an organization with assets exceeding $24 million.
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 Grand Valley Catholic Outreach Inc:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency and mission focus.
- Significant and consistent asset growth, from $9.5M in 2015 to over $24M in 2024, demonstrating strong financial management.
- Substantial revenue growth, particularly in the 202406 period ($8,977,245), suggesting increasing support and capacity.
- Expenses are consistently well below revenue, leading to healthy surpluses and asset accumulation.
- Low liabilities relative to assets, indicating a strong balance sheet and financial stability.
Frequently Asked Questions about Grand Valley Catholic Outreach Inc
Is Grand Valley Catholic Outreach Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Grand Valley Catholic Outreach Inc (EIN: 200064007) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Grand Valley Catholic Outreach Inc spend its money?
Grand Valley Catholic Outreach Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Grand Valley Catholic Outreach Inc tax-deductible?
Grand Valley Catholic Outreach Inc is registered as a tax-exempt nonprofit (EIN: 200064007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Grand Valley Catholic Outreach Inc a good charity?
Based on the provided financial data, Grand Valley Catholic Outreach Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to its mission by reporting 0% officer compensation for over a decade. This indicates that resources are primarily directed to programs.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $9,528,496 in 201506 to $24,133,039 in 202406. Revenue has also seen substantial growth, particularly in the 202406 period, reaching $8,977,245, indicating robust financial management and increasing support.
What is the organization's approach to executive compensation?
Grand Valley Catholic Outreach Inc's approach to executive compensation is highly conservative, reporting 0% officer compensation in all available filings. This suggests that officers are either volunteers or compensated through other means not classified as 'officer compensation' on the 990, or that the organization prioritizes directing all funds to its programs.
Filing History
IRS 990 filing history for Grand Valley Catholic Outreach Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Grand Valley Catholic Outreach Inc's revenue has grown by 271.4%, moving from $2.4M to $9.0M. Total assets increased by 261.3% over the same period, from $6.7M to $24.1M. Total functional expenses rose by 40%, from $2.0M to $2.8M. In its most recent filing year (2024), Grand Valley Catholic Outreach Inc reported a surplus of $6.1M, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $24.1M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $22.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $9.0M | $2.8M | $24.1M | $1.3M | — | View 990 |
| 2023 | $5.0M | $3.2M | $16.8M | $95K | — | View 990 |
| 2022 | $5.2M | $3.1M | $15.0M | $76K | — | View 990 |
| 2021 | $4.1M | $3.4M | $12.9M | $83K | — | View 990 |
| 2020 | $4.0M | $2.9M | $12.2M | $32K | — | View 990 |
| 2019 | $3.6M | $3.0M | $11.0M | $27K | — | View 990 |
| 2018 | $2.9M | $2.7M | $10.6M | $117K | — | View 990 |
| 2017 | $3.0M | $2.5M | $10.3M | $45K | — | View 990 |
| 2016 | $3.1M | $2.5M | $9.8M | $47K | — | View 990 |
| 2015 | $3.6M | $2.5M | $9.5M | $319K | — | View 990 |
| 2014 | $3.5M | $2.2M | $8.3M | $260K | — | View 990 |
| 2013 | $2.3M | $2.1M | $6.8M | $30K | — | View 990 |
| 2012 | $2.4M | $2.0M | $6.7M | $75K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $9.0M, expenses of $2.8M, and assets of $24.1M (revenue +79.7% year-over-year).
- 2023: Revenue of $5.0M, expenses of $3.2M, and assets of $16.8M (revenue -3.1% year-over-year).
- 2022: Revenue of $5.2M, expenses of $3.1M, and assets of $15.0M (revenue +25.0% year-over-year).
- 2021: Revenue of $4.1M, expenses of $3.4M, and assets of $12.9M (revenue +3.3% year-over-year).
- 2020: Revenue of $4.0M, expenses of $2.9M, and assets of $12.2M (revenue +11.7% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.0M, and assets of $11.0M (revenue +21.3% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.7M, and assets of $10.6M (revenue -0.8% year-over-year).
- 2017: Revenue of $3.0M, expenses of $2.5M, and assets of $10.3M (revenue -2.7% year-over-year).
- 2016: Revenue of $3.1M, expenses of $2.5M, and assets of $9.8M (revenue -16.1% year-over-year).
- 2015: Revenue of $3.6M, expenses of $2.5M, and assets of $9.5M (revenue +4.0% year-over-year).
- 2014: Revenue of $3.5M, expenses of $2.2M, and assets of $8.3M (revenue +54.1% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.1M, and assets of $6.8M (revenue -6.1% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.0M, and assets of $6.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Valley Catholic Outreach Inc:
Data Sources and Methodology
This transparency report for Grand Valley Catholic Outreach Inc 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.