Larimer Choral Society
EIN: 742243276 · Fort Collins, CO · NTEE: A6BZ
| Metric | Value |
|---|---|
| Total Revenue | $300K |
| Total Expenses | $268K |
| Net Assets | $126K |
Is Larimer Choral Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Larimer Choral Society
Larimer Choral Society (EIN: 742243276) is a nonprofit organization based in Fort Collins, CO, classified under NTEE code A6BZ. The organization reported total revenue of $300K and total assets of $167K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Larimer Choral Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Larimer Choral Society is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $268K |
| Total Expenses | $268K |
| Surplus / Deficit | $-138 |
| Total Assets | $126K |
| Total Liabilities | $59 |
| Net Assets | $126K |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 5.6 months |
Financial Health Grade: B
In 2024, Larimer Choral Society reported a deficit of $138 with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Larimer Choral Society's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.0% | +6.7% | -5.7% |
| 2023 | +39.1% | +28.4% | +28.2% |
| 2022 | +32.6% | +64.2% | -14.9% |
| 2021 | -26.7% | -37.6% | +37.3% |
| 2020 | -9.3% | -9.4% | +44.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Larimer Choral Society 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 Larimer Choral Society 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $138, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Larimer Choral Society
Is Larimer Choral Society a legitimate charity?
Larimer Choral Society (EIN: 742243276) is a registered tax-exempt nonprofit based in Colorado. It has 13 years of IRS 990 filings on record. Total revenue: $300K. No red flags identified. Financial health grade: B.
How does Larimer Choral Society spend its money?
Larimer Choral Society reported $300K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Larimer Choral Society tax-deductible?
Larimer Choral Society is registered as a tax-exempt nonprofit (EIN: 742243276). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Larimer Choral Society located?
Larimer Choral Society is headquartered in Fort Collins, Colorado and files with the IRS under EIN 742243276. It is classified under NTEE code A6BZ.
How many years of IRS 990 filings does Larimer Choral Society have?
Larimer Choral Society has 13 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 $300K in total revenue.
Filing History
IRS 990 filing history for Larimer Choral Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Larimer Choral Society's revenue has grown by 16.8%, moving from $230K to $268K. Total assets increased by 24.3% over the same period, from $102K to $126K. Total functional expenses rose by 25.4%, from $214K to $268K. In its most recent filing year (2024), Larimer Choral Society reported a deficit of $138, with expenses exceeding revenue. The organization holds $59 in liabilities against $126K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $126K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $268K | $268K | $126K | $59 | — | View 990 |
| 2023 | $279K | $251K | $134K | $269 | — | — |
| 2022 | $201K | $196K | $105K | $476 | — | View 990 |
| 2021 | $151K | $119K | $123K | $20K | — | — |
| 2020 | $207K | $191K | $89K | $24K | — | View 990 |
| 2019 | $228K | $211K | $62K | $15K | — | View 990 |
| 2018 | $232K | $244K | $30K | $0 | — | View 990 |
| 2017 | $250K | $249K | $42K | $0 | — | View 990 |
| 2016 | $204K | $238K | $45K | $5K | — | View 990 |
| 2015 | $176K | $174K | $74K | $0 | — | View 990 |
| 2014 | $167K | $160K | $82K | $10K | — | View 990 |
| 2013 | $204K | $164K | $140K | $10 | — | View 990 |
| 2012 | $230K | $214K | $102K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $268K, expenses of $268K, and assets of $126K (revenue -4.0% year-over-year).
- 2023: Revenue of $279K, expenses of $251K, and assets of $134K (revenue +39.1% year-over-year).
- 2022: Revenue of $201K, expenses of $196K, and assets of $105K (revenue +32.6% year-over-year).
- 2021: Revenue of $151K, expenses of $119K, and assets of $123K (revenue -26.7% year-over-year).
- 2020: Revenue of $207K, expenses of $191K, and assets of $89K (revenue -9.3% year-over-year).
- 2019: Revenue of $228K, expenses of $211K, and assets of $62K (revenue -1.9% year-over-year).
- 2018: Revenue of $232K, expenses of $244K, and assets of $30K (revenue -7.3% year-over-year).
- 2017: Revenue of $250K, expenses of $249K, and assets of $42K (revenue +22.7% year-over-year).
- 2016: Revenue of $204K, expenses of $238K, and assets of $45K (revenue +15.7% year-over-year).
- 2015: Revenue of $176K, expenses of $174K, and assets of $74K (revenue +5.9% year-over-year).
- 2014: Revenue of $167K, expenses of $160K, and assets of $82K (revenue -18.2% year-over-year).
- 2013: Revenue of $204K, expenses of $164K, and assets of $140K (revenue -11.3% year-over-year).
- 2012: Revenue of $230K, expenses of $214K, and assets of $102K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Larimer Choral Society:
Data Sources and Methodology
This transparency report for Larimer Choral Society 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.