High Rock Foundation Inc

High Rock Foundation Inc consistently accumulates assets with minimal expenses and no reported officer compensation.

EIN: 202500411 · Lakewood, CO · NTEE: Q33 · Updated: 2026-03-28

$831KRevenue

$5.2MAssets

95/100Mission Score (Excellent)

Q33

About High Rock Foundation Inc

High Rock Foundation Inc (EIN: 202500411) is a nonprofit organization based in Lakewood, CO, classified under NTEE code Q33. The organization reported total revenue of $831K and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of High Rock Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

High Rock Foundation Inc demonstrates strong financial health with consistently growing assets and a healthy reserve. In the latest period (202312), the organization reported assets of $4,460,991 against liabilities of $12,350, indicating a very strong financial position. Revenue has shown significant growth over the years, increasing from $125,706 in 2014 to $689,449 in 2023. The organization's spending efficiency appears exceptional, with expenses consistently being a small fraction of its revenue. For instance, in 2023, expenses were only $100,354 against $689,449 in revenue, suggesting a highly efficient operation or significant accumulation of funds. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to minimizing administrative overhead and potentially a volunteer-led executive structure, which enhances transparency and donor confidence.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates High Rock Foundation 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, High Rock Foundation 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly unusual for an organization with assets exceeding $5 million and revenue approaching $700,000.

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 High Rock Foundation Inc's IRS 990 filings:

Unusually low expenses relative to revenue, potentially indicating significant asset accumulation rather than program spending.
Consistent 0% officer compensation for an organization of this size, which, while positive for overhead, can sometimes mask other forms of compensation or raise questions about sustainability of leadership.

Strengths

The following positive indicators were identified for High Rock Foundation Inc:

Exceptional financial health with consistently growing assets ($4,460,991 in 2023).
Very low liabilities ($12,350 in 2023), indicating strong fiscal management.
Remarkably low expenses relative to revenue, suggesting high operational efficiency.
Consistent reporting of 0% officer compensation, indicating minimal administrative overhead.
Strong revenue growth over the past decade.

Frequently Asked Questions about High Rock Foundation Inc

Is High Rock Foundation Inc a good charity?

Based on its financial data, High Rock Foundation Inc appears to be a very good charity in terms of financial health, efficiency, and transparency. It has strong asset growth, very low expenses relative to revenue, and reports no officer compensation.

Why are expenses so low compared to revenue?

The consistently low expenses relative to revenue (e.g., $100,354 expenses vs. $689,449 revenue in 2023) suggest that the organization is either highly efficient in its program delivery, or it is primarily focused on accumulating assets rather than spending its annual income on programs. Further investigation into program activities would clarify this.

What does 'Officer Comp=0%' mean for the organization?

Officer Comp=0% means that no compensation was paid to officers, directors, trustees, or key employees. This is a significant indicator of low administrative overhead and potentially a volunteer-driven leadership, which can be a positive sign for donors concerned about executive salaries.

How has the organization's financial health changed over time?

The organization's financial health has significantly improved over time. Assets have grown from $2,510,818 in 2014 to $4,460,991 in 2023, and revenue has increased substantially from $125,706 to $689,449 in the same period, while liabilities remain very low.

Filing History

IRS 990 filing history for High Rock Foundation Inc showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2014–2023), High Rock Foundation Inc's revenue has grown by 448.5%, moving from $126K to $689K. Total assets increased by 77.7% over the same period, from $2.5M to $4.5M. Total functional expenses rose by 2.5%, from $98K to $100K. In its most recent filing year (2023), High Rock Foundation Inc reported a surplus of $589K, with revenue exceeding expenses. The organization holds $12K in liabilities against $4.5M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $4.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$689K	$100K	$4.5M	$12K	—	View 990
2022	$728K	$159K	$3.9M	$36K	—	View 990
2021	$308K	$86K	$3.3M	$350	—	—
2020	$267K	$139K	$3.1M	$350	—	View 990
2019	$318K	$80K	$2.9M	$418	—	View 990
2015	$158K	$112K	$2.6M	$0	—	View 990
2014	$126K	$98K	$2.5M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $689K, expenses of $100K, and assets of $4.5M (revenue -5.3% year-over-year).
2022: Revenue of $728K, expenses of $159K, and assets of $3.9M (revenue +136.2% year-over-year).
2021: Revenue of $308K, expenses of $86K, and assets of $3.3M (revenue +15.4% year-over-year).
2020: Revenue of $267K, expenses of $139K, and assets of $3.1M (revenue -15.9% year-over-year).
2019: Revenue of $318K, expenses of $80K, and assets of $2.9M (revenue +100.7% year-over-year).
2015: Revenue of $158K, expenses of $112K, and assets of $2.6M (revenue +25.9% year-over-year).
2014: Revenue of $126K, expenses of $98K, and assets of $2.5M.

Data Sources and Methodology

This transparency report for High Rock Foundation 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.