Mater Filius Colorado Springs
EIN: 870886078 · Colorado Spgs, CO · NTEE: P73
| Metric | Value |
|---|---|
| Total Revenue | $675K |
| Total Expenses | $39K |
| Net Assets | $3.2M |
Is Mater Filius Colorado Springs Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mater Filius Colorado Springs
Mater Filius Colorado Springs (EIN: 870886078) is a nonprofit organization based in Colorado Spgs, CO, classified under NTEE code P73. The organization reported total revenue of $675K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mater Filius Colorado Springs's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mater Filius Colorado Springs is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -27.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $642K |
| Total Expenses | $39K |
| Surplus / Deficit | +$603K |
| Total Assets | $3.2M |
| Total Liabilities | $924 |
| Net Assets | $3.2M |
| Operating Margin | 93.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 987.5 months |
Financial Health Grade: A
In 2023, Mater Filius Colorado Springs reported a surplus of $603K with revenue exceeding expenses, holds 987.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Mater Filius Colorado Springs's revenue has declined at a compound annual growth rate (CAGR) of -27.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -55.3% | +156.7% | +23.2% |
| 2022 | +18.8% | -39.4% | +120.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1500 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mater Filius Colorado Springs 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 Mater Filius Colorado Springs 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 $603K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Mater Filius Colorado Springs
Is Mater Filius Colorado Springs a legitimate charity?
Mater Filius Colorado Springs (EIN: 870886078) is a registered tax-exempt nonprofit based in Colorado. It has 3 years of IRS 990 filings on record. Total revenue: $675K. No red flags identified. Financial health grade: A.
How does Mater Filius Colorado Springs spend its money?
Mater Filius Colorado Springs reported $675K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mater Filius Colorado Springs tax-deductible?
Mater Filius Colorado Springs is registered as a tax-exempt nonprofit (EIN: 870886078). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mater Filius Colorado Springs located?
Mater Filius Colorado Springs is headquartered in Colorado Spgs, Colorado and files with the IRS under EIN 870886078. It is classified under NTEE code P73.
How many years of IRS 990 filings does Mater Filius Colorado Springs have?
Mater Filius Colorado Springs has 3 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 $675K in total revenue.
Filing History
IRS 990 filing history for Mater Filius Colorado Springs showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Mater Filius Colorado Springs's revenue has declined by 46.8%, moving from $1.2M to $642K. Total assets increased by 171.4% over the same period, from $1.2M to $3.2M. Total functional expenses rose by 55.6%, from $25K to $39K. In its most recent filing year (2023), Mater Filius Colorado Springs reported a surplus of $603K, with revenue exceeding expenses. The organization holds $924 in liabilities against $3.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $642K | $39K | $3.2M | $924 | — | View 990 |
| 2022 | $1.4M | $15K | $2.6M | $0 | — | — |
| 2021 | $1.2M | $25K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $642K, expenses of $39K, and assets of $3.2M (revenue -55.3% year-over-year).
- 2022: Revenue of $1.4M, expenses of $15K, and assets of $2.6M (revenue +18.8% year-over-year).
- 2021: Revenue of $1.2M, expenses of $25K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mater Filius Colorado Springs:
Data Sources and Methodology
This transparency report for Mater Filius Colorado Springs 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.