Jewishcolorado
Jewishcolorado consistently operates with expenses exceeding revenue in recent years, supported by substantial assets and no reported officer compensation.
EIN: 10831698 · Denver, CO · NTEE: T31 · Updated: 2026-03-27
Is Jewishcolorado Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jewishcolorado directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jewishcolorado
Jewishcolorado (EIN: 10831698) is a nonprofit organization based in Denver, CO, classified under NTEE code T31. The organization reported total revenue of $26.2M and total assets of $84.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jewishcolorado's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jewishcolorado is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.8M |
| Total Expenses | $18.9M |
| Surplus / Deficit | $-7,104,976 |
| Total Assets | $79.2M |
| Total Liabilities | $26.1M |
| Net Assets | $53.2M |
| Operating Margin | -60.4% |
| Debt-to-Asset Ratio | 32.9% |
| Months of Reserves | 50.4 months |
Financial Health Grade: B
In 2023, Jewishcolorado reported a deficit of $7.1M with expenses exceeding revenue, holds 50.4 months of operating reserves (strong position), has a debt-to-asset ratio of 32.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Jewishcolorado's revenue has grown at a compound annual growth rate (CAGR) of 16.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.4% | +7.4% | +1.4% |
| 2022 | -23.5% | +12.3% | -15.7% |
| 2021 | +0.3% | +4.1% | +13.3% |
| 2020 | -27.3% | -32.5% | -0.7% |
| 2019 | -59.3% | +6.2% | -5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Jewishcolorado 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Jewishcolorado allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 deficit of $7.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.9%.
Executive Compensation Analysis
The organization consistently reports 0% for Officer Compensation across all available filings, indicating either that officers are uncompensated, compensated through a related entity, or that their compensation is categorized differently on the 990, which is a notable point for transparency.
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 Jewishcolorado's IRS 990 filings:
- Consistent operational deficits where expenses exceed revenue in recent years (e.g., 2023, 2022, 2021, 2020, 2019).
- Unclear source of funding for operational deficits, relying on assets or non-operating income.
Strengths
The following positive indicators were identified for Jewishcolorado:
- Substantial and growing asset base, providing financial stability ($84,282,689 latest assets).
- Consistent reporting of 0% officer compensation, indicating potential efficiency or strong volunteer leadership.
- Long filing history (13 filings) demonstrates established operations and compliance.
Frequently Asked Questions about Jewishcolorado
Is Jewishcolorado a legitimate charity?
Based on AI analysis of IRS 990 filings, Jewishcolorado (EIN: 10831698) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Jewishcolorado spend its money?
Jewishcolorado directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jewishcolorado tax-deductible?
Jewishcolorado is registered as a tax-exempt nonprofit (EIN: 10831698). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why do expenses frequently exceed revenue for Jewishcolorado?
In fiscal year 2023, expenses were $18,871,958 while revenue was $11,766,982. Similar trends are seen in 2022, 2021, 2020, and 2019. This suggests the organization may be drawing from its substantial asset base or relying on non-operating income (like investment returns) to cover operational costs.
How does Jewishcolorado maintain its asset base despite operational deficits?
Despite several years where expenses surpassed revenue, the organization's assets have generally increased from $53,067,121 in 2014 to $79,249,701 in 2023. This could be due to significant investment gains, large one-time donations, or other non-operating revenue streams not fully reflected in the 'Revenue' figure on the 990.
What is the nature of officer compensation given the 0% reported?
The consistent reporting of 0% for Officer Compensation across all filings is unusual for an organization of this size. It suggests that officers may be volunteers, compensated by a related entity, or their compensation is reported under a different category on the 990, which warrants further inquiry for full transparency.
Filing History
IRS 990 filing history for Jewishcolorado showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jewishcolorado's revenue has grown by 545.9%, moving from $1.8M to $11.8M. Total assets increased by 108.5% over the same period, from $38.0M to $79.2M. Total functional expenses rose by 694.4%, from $2.4M to $18.9M. In its most recent filing year (2023), Jewishcolorado reported a deficit of $7.1M, with expenses exceeding revenue. The organization holds $26.1M in liabilities against $79.2M in assets (debt-to-asset ratio: 32.9%), resulting in net assets of $53.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.8M | $18.9M | $79.2M | $26.1M | — | View 990 |
| 2022 | $10.5M | $17.6M | $78.1M | $20.9M | — | View 990 |
| 2021 | $13.7M | $15.6M | $92.7M | $27.8M | — | View 990 |
| 2020 | $13.6M | $15.0M | $81.8M | $25.1M | — | View 990 |
| 2019 | $18.8M | $22.3M | $82.3M | $22.8M | — | View 990 |
| 2018 | $46.1M | $21.0M | $87.4M | $23.2M | — | View 990 |
| 2017 | $15.9M | $14.4M | $63.3M | $23.4M | — | View 990 |
| 2016 | $17.7M | $12.8M | $63.1M | $27.0M | — | View 990 |
| 2015 | $20.0M | $15.2M | $58.4M | $26.6M | — | View 990 |
| 2014 | $11.4M | $11.9M | $53.1M | $24.4M | — | View 990 |
| 2013 | $8.7M | $3.7M | $45.0M | $20.4M | — | View 990 |
| 2012 | $2.5M | $2.4M | $39.8M | $21.3M | — | View 990 |
| 2011 | $1.8M | $2.4M | $38.0M | $19.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.8M, expenses of $18.9M, and assets of $79.2M (revenue +12.4% year-over-year).
- 2022: Revenue of $10.5M, expenses of $17.6M, and assets of $78.1M (revenue -23.5% year-over-year).
- 2021: Revenue of $13.7M, expenses of $15.6M, and assets of $92.7M (revenue +0.3% year-over-year).
- 2020: Revenue of $13.6M, expenses of $15.0M, and assets of $81.8M (revenue -27.3% year-over-year).
- 2019: Revenue of $18.8M, expenses of $22.3M, and assets of $82.3M (revenue -59.3% year-over-year).
- 2018: Revenue of $46.1M, expenses of $21.0M, and assets of $87.4M (revenue +189.4% year-over-year).
- 2017: Revenue of $15.9M, expenses of $14.4M, and assets of $63.3M (revenue -10.2% year-over-year).
- 2016: Revenue of $17.7M, expenses of $12.8M, and assets of $63.1M (revenue -11.2% year-over-year).
- 2015: Revenue of $20.0M, expenses of $15.2M, and assets of $58.4M (revenue +75.3% year-over-year).
- 2014: Revenue of $11.4M, expenses of $11.9M, and assets of $53.1M (revenue +30.7% year-over-year).
- 2013: Revenue of $8.7M, expenses of $3.7M, and assets of $45.0M (revenue +251.9% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.4M, and assets of $39.8M (revenue +35.8% year-over-year).
- 2011: Revenue of $1.8M, expenses of $2.4M, and assets of $38.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jewishcolorado:
Data Sources and Methodology
This transparency report for Jewishcolorado 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.