Longmont Observer
EIN: 820829889 · Longmont, CO · NTEE: A30
| Metric | Value |
|---|---|
| Total Revenue | $376K |
| Total Expenses | $379K |
| Net Assets | $171K |
Is Longmont Observer Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Longmont Observer
Longmont Observer (EIN: 820829889) is a nonprofit organization based in Longmont, CO, classified under NTEE code A30. The organization reported total revenue of $376K and total assets of $200K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Longmont Observer's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Longmont Observer is a small nonprofit that has been operating for 9 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 14.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $411K |
| Total Expenses | $379K |
| Surplus / Deficit | +$31K |
| Total Assets | $171K |
| Total Liabilities | $354 |
| Net Assets | $171K |
| Operating Margin | 7.6% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, Longmont Observer reported a surplus of $31K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Longmont Observer's revenue has grown at a compound annual growth rate (CAGR) of 14.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.1% | +2.1% | +13.8% |
| 2022 | +6.4% | +36.4% | +9.0% |
| 2021 | +40.1% | +43.5% | +45.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Longmont Observer 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 Longmont Observer 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Longmont Observer
Is Longmont Observer a legitimate charity?
Longmont Observer (EIN: 820829889) is a registered tax-exempt nonprofit based in Colorado. It has 4 years of IRS 990 filings on record. Total revenue: $376K. No red flags identified. Financial health grade: A.
How does Longmont Observer spend its money?
Longmont Observer reported $376K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Longmont Observer tax-deductible?
Longmont Observer is registered as a tax-exempt nonprofit (EIN: 820829889). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Longmont Observer located?
Longmont Observer is headquartered in Longmont, Colorado and files with the IRS under EIN 820829889. It is classified under NTEE code A30.
How many years of IRS 990 filings does Longmont Observer have?
Longmont Observer 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 $376K in total revenue.
Filing History
IRS 990 filing history for Longmont Observer showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Longmont Observer's revenue has grown by 50.7%, moving from $272K to $411K. Total assets increased by 80% over the same period, from $95K to $171K. Total functional expenses rose by 99.8%, from $190K to $379K. In its most recent filing year (2023), Longmont Observer reported a surplus of $31K, with revenue exceeding expenses. The organization holds $354 in liabilities against $171K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $171K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $411K | $379K | $171K | $354 | — | View 990 |
| 2022 | $406K | $371K | $151K | $6K | — | View 990 |
| 2021 | $382K | $272K | $138K | $8K | — | View 990 |
| 2020 | $272K | $190K | $95K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $411K, expenses of $379K, and assets of $171K (revenue +1.1% year-over-year).
- 2022: Revenue of $406K, expenses of $371K, and assets of $151K (revenue +6.4% year-over-year).
- 2021: Revenue of $382K, expenses of $272K, and assets of $138K (revenue +40.1% year-over-year).
- 2020: Revenue of $272K, expenses of $190K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Longmont Observer:
Data Sources and Methodology
This transparency report for Longmont Observer 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.