Korean Senior Association Of Colorado
EIN: 841129097 · Aurora, CO · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $289K |
| Total Expenses | $19K |
| Net Assets | $94K |
Is Korean Senior Association Of Colorado Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Korean Senior Association Of Colorado
Korean Senior Association Of Colorado (EIN: 841129097) is a nonprofit organization based in Aurora, CO, classified under NTEE code A23. The organization reported total revenue of $289K and total assets of $92K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Korean Senior Association Of Colorado's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Korean Senior Association Of Colorado is a small nonprofit that has been operating for 4 years, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -3.6%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $19K |
| Surplus / Deficit | $-5,391 |
| Total Assets | $94K |
| Net Assets | $94K |
| Operating Margin | -38.3% |
| Months of Reserves | 58.2 months |
Financial Health Grade: B
In 2014, Korean Senior Association Of Colorado reported a deficit of $5K with expenses exceeding revenue, holds 58.2 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2011–2014), Korean Senior Association Of Colorado's revenue has declined at a compound annual growth rate (CAGR) of -3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -39.2% | -6.4% | -5.7% |
| 2013 | +37.5% | -3.2% | +2.4% |
| 2012 | +7.1% | -37.4% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Korean Senior Association Of Colorado has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Korean Senior Association Of Colorado with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Frequently Asked Questions about Korean Senior Association Of Colorado
Is Korean Senior Association Of Colorado a legitimate charity?
Based on AI analysis of IRS 990 filings, Korean Senior Association Of Colorado (EIN: 841129097) insufficient data. 0 red flags identified, 0 strengths noted.
How does Korean Senior Association Of Colorado spend its money?
Detailed spending breakdown data is not yet available for Korean Senior Association Of Colorado. Check back for updated IRS 990 analysis.
Are donations to Korean Senior Association Of Colorado tax-deductible?
Korean Senior Association Of Colorado is registered as a tax-exempt nonprofit (EIN: 841129097). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Korean Senior Association Of Colorado located?
Korean Senior Association Of Colorado is headquartered in Aurora, Colorado and files with the IRS under EIN 841129097. It is classified under NTEE code A23.
How many years of IRS 990 filings does Korean Senior Association Of Colorado have?
Korean Senior Association Of Colorado has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $289K in total revenue.
Filing History
IRS 990 filing history for Korean Senior Association Of Colorado showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Korean Senior Association Of Colorado's revenue has declined by 10.5%, moving from $16K to $14K. Total assets decreased by 7.8% over the same period, from $102K to $94K. Total functional expenses fell by 43.3%, from $34K to $19K. In its most recent filing year (2014), Korean Senior Association Of Colorado reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $14K | $19K | $94K | $0 | — | View 990 |
| 2013 | $23K | $21K | $100K | $0 | — | View 990 |
| 2012 | $17K | $21K | $98K | $0 | — | View 990 |
| 2011 | $16K | $34K | $102K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $14K, expenses of $19K, and assets of $94K (revenue -39.2% year-over-year).
- 2013: Revenue of $23K, expenses of $21K, and assets of $100K (revenue +37.5% year-over-year).
- 2012: Revenue of $17K, expenses of $21K, and assets of $98K (revenue +7.1% year-over-year).
- 2011: Revenue of $16K, expenses of $34K, and assets of $102K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Korean Senior Association Of Colorado:
Data Sources and Methodology
This transparency report for Korean Senior Association Of Colorado 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.