Hcc Contractor Academy
Hcc Contractor Academy shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 204761441 · Denver, CO · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $118K |
| Total Expenses | $93K |
| Program Spending | 80% |
| Net Assets | $243K |
| Transparency Score | 85/100 |
Is Hcc Contractor Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hcc Contractor Academy directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hcc Contractor Academy
Hcc Contractor Academy (EIN: 204761441) is a nonprofit organization based in Denver, CO, classified under NTEE code B60. The organization reported total revenue of $118K and total assets of $264K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hcc Contractor Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hcc Contractor Academy is a small nonprofit that has been operating for 13 years, with 9 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 15.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $93K |
| Surplus / Deficit | +$38K |
| Total Assets | $267K |
| Total Liabilities | $25K |
| Net Assets | $243K |
| Operating Margin | 29.1% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 34.6 months |
Financial Health Grade: A
In 2023, Hcc Contractor Academy reported a surplus of $38K with revenue exceeding expenses, holds 34.6 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 9 years of filings (2014–2023), Hcc Contractor Academy's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.5% | +27.0% | +30.6% |
| 2022 | +26.5% | +37.0% | +42.5% |
| 2020 | +250.6% | +86.8% | +212.4% |
| 2019 | -38.4% | -56.7% | +46.3% |
| 2018 | +103.0% | +126.1% | -6.0% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hcc Contractor Academy with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Hcc Contractor Academy allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
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: 9.2%.
Executive Compensation Analysis
No officer compensation has been reported in any of the nine available IRS 990 filings, which is highly unusual for an organization of its size and revenue, suggesting either a fully volunteer-led executive team or compensation structured in a way not reported as officer compensation.
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 Hcc Contractor Academy's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data prevents precise efficiency analysis.
- Consistent 0% officer compensation is unusual and could indicate compensation is reported under other categories, potentially obscuring full executive compensation.
Strengths
The following positive indicators were identified for Hcc Contractor Academy:
- Consistent revenue growth, from $34,549 in 2014 to $130,714 in 2023.
- Strong asset accumulation, growing from $42,421 in 2014 to $267,317 in 2023.
- Low liabilities, with $0 reported for several years and only $24,651 in 2023.
- No reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
- Positive net income in most recent years, indicating financial sustainability.
Frequently Asked Questions about Hcc Contractor Academy
Is Hcc Contractor Academy a legitimate charity?
Hcc Contractor Academy (EIN: 204761441) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $118K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Hcc Contractor Academy spend its money?
Hcc Contractor Academy directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hcc Contractor Academy tax-deductible?
Hcc Contractor Academy is registered as a tax-exempt nonprofit (EIN: 204761441). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hcc Contractor Academy's spending goes to programs?
Hcc Contractor Academy directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hcc Contractor Academy compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hcc Contractor Academy is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hcc Contractor Academy located?
Hcc Contractor Academy is headquartered in Denver, Colorado and files with the IRS under EIN 204761441. It is classified under NTEE code B60.
How many years of IRS 990 filings does Hcc Contractor Academy have?
Hcc Contractor Academy has 9 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 $118K in total revenue.
Is Hcc Contractor Academy a good charity?
Based on its financial health, consistent growth in assets and revenue, and the absence of reported officer compensation, Hcc Contractor Academy appears to be a financially sound and well-managed organization. Its ability to operate without reporting officer compensation suggests a strong commitment to its mission and efficient use of funds.
How has Hcc Contractor Academy's financial health changed over time?
Hcc Contractor Academy has shown significant financial growth. Its revenue increased from $34,549 in 2014 to $130,714 in 2023, and its assets grew from $42,421 to $267,317 over the same period, indicating strong financial health and sustainability.
What is the organization's approach to executive compensation?
The organization has consistently reported 0% officer compensation across all nine available IRS 990 filings, suggesting that its executive leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the 990 form.
Filing History
IRS 990 filing history for Hcc Contractor Academy showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2014–2023), Hcc Contractor Academy's revenue has grown by 278.3%, moving from $35K to $131K. Total assets increased by 530.2% over the same period, from $42K to $267K. Total functional expenses rose by 442.2%, from $17K to $93K. In its most recent filing year (2023), Hcc Contractor Academy reported a surplus of $38K, with revenue exceeding expenses. The organization holds $25K in liabilities against $267K in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $243K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $131K | $93K | $267K | $25K | — | — |
| 2022 | $191K | $73K | $205K | $0 | — | View 990 |
| 2020 | $151K | $53K | $144K | $0 | — | — |
| 2019 | $43K | $28K | $46K | $0 | — | View 990 |
| 2018 | $70K | $66K | $31K | $0 | — | View 990 |
| 2017 | $34K | $29K | $33K | $0 | — | — |
| 2016 | $17K | $19K | $33K | $0 | — | View 990 |
| 2015 | $20K | $27K | $36K | $0 | — | View 990 |
| 2014 | $35K | $17K | $42K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $131K, expenses of $93K, and assets of $267K (revenue -31.5% year-over-year).
- 2022: Revenue of $191K, expenses of $73K, and assets of $205K (revenue +26.5% year-over-year).
- 2020: Revenue of $151K, expenses of $53K, and assets of $144K (revenue +250.6% year-over-year).
- 2019: Revenue of $43K, expenses of $28K, and assets of $46K (revenue -38.4% year-over-year).
- 2018: Revenue of $70K, expenses of $66K, and assets of $31K (revenue +103.0% year-over-year).
- 2017: Revenue of $34K, expenses of $29K, and assets of $33K (revenue +100.0% year-over-year).
- 2016: Revenue of $17K, expenses of $19K, and assets of $33K (revenue -14.5% year-over-year).
- 2015: Revenue of $20K, expenses of $27K, and assets of $36K (revenue -41.7% year-over-year).
- 2014: Revenue of $35K, expenses of $17K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hcc Contractor Academy:
Data Sources and Methodology
This transparency report for Hcc Contractor Academy 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.