Met Ed Co
EIN: 473204389 · Boulder, CO · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $432K |
| Total Expenses | $441K |
| Net Assets | $7K |
Is Met Ed Co Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Met Ed Co
Met Ed Co (EIN: 473204389) is a nonprofit organization based in Boulder, CO, classified under NTEE code P20. The organization reported total revenue of $432K and total assets of $420K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Met Ed Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Met Ed Co is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 15.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $441K |
| Total Expenses | $441K |
| Surplus / Deficit | +$90 |
| Total Assets | $168K |
| Total Liabilities | $161K |
| Net Assets | $7K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 95.7% |
| Months of Reserves | 4.6 months |
Financial Health Grade: B
In 2023, Met Ed Co reported a surplus of $90 with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 95.7% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Met Ed Co's revenue has grown at a compound annual growth rate (CAGR) of 15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.6% | +16.6% | +5.7% |
| 2022 | -54.7% | -54.7% | +4.6% |
| 2021 | +173.4% | +171.3% | -75.2% |
| 2020 | -67.8% | -67.6% | +164.7% |
| 2019 | +11.3% | +11.8% | -67.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Met Ed Co 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 Met Ed Co 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 $90, with revenue exceeding expenses.
- Debt-to-asset ratio: 95.7%.
Frequently Asked Questions about Met Ed Co
Is Met Ed Co a legitimate charity?
Met Ed Co (EIN: 473204389) is a registered tax-exempt nonprofit based in Colorado. It has 9 years of IRS 990 filings on record. Total revenue: $432K. No red flags identified. Financial health grade: B.
How does Met Ed Co spend its money?
Met Ed Co reported $432K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Met Ed Co tax-deductible?
Met Ed Co is registered as a tax-exempt nonprofit (EIN: 473204389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Met Ed Co located?
Met Ed Co is headquartered in Boulder, Colorado and files with the IRS under EIN 473204389. It is classified under NTEE code P20.
How many years of IRS 990 filings does Met Ed Co have?
Met Ed Co has 9 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 $432K in total revenue.
Filing History
IRS 990 filing history for Met Ed Co showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Met Ed Co's revenue has grown by 215.1%, moving from $140K to $441K. Total assets decreased by 12.8% over the same period, from $193K to $168K. Total functional expenses rose by 403.9%, from $87K to $441K. In its most recent filing year (2023), Met Ed Co reported a surplus of $90, with revenue exceeding expenses. The organization holds $161K in liabilities against $168K in assets (debt-to-asset ratio: 95.7%), resulting in net assets of $7K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $441K | $441K | $168K | $161K | — | View 990 |
| 2022 | $378K | $378K | $159K | $152K | — | — |
| 2021 | $835K | $834K | $152K | $146K | — | View 990 |
| 2020 | $305K | $307K | $614K | $608K | — | View 990 |
| 2019 | $948K | $947K | $232K | $223K | — | View 990 |
| 2018 | $851K | $847K | $704K | $696K | — | View 990 |
| 2017 | $557K | $555K | $608K | $604K | — | View 990 |
| 2016 | $271K | $322K | $404K | $402K | — | View 990 |
| 2015 | $140K | $87K | $193K | $141K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $441K, expenses of $441K, and assets of $168K (revenue +16.6% year-over-year).
- 2022: Revenue of $378K, expenses of $378K, and assets of $159K (revenue -54.7% year-over-year).
- 2021: Revenue of $835K, expenses of $834K, and assets of $152K (revenue +173.4% year-over-year).
- 2020: Revenue of $305K, expenses of $307K, and assets of $614K (revenue -67.8% year-over-year).
- 2019: Revenue of $948K, expenses of $947K, and assets of $232K (revenue +11.3% year-over-year).
- 2018: Revenue of $851K, expenses of $847K, and assets of $704K (revenue +52.8% year-over-year).
- 2017: Revenue of $557K, expenses of $555K, and assets of $608K (revenue +105.8% year-over-year).
- 2016: Revenue of $271K, expenses of $322K, and assets of $404K (revenue +93.6% year-over-year).
- 2015: Revenue of $140K, expenses of $87K, and assets of $193K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Met Ed Co:
Data Sources and Methodology
This transparency report for Met Ed Co 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.