New America College
New America College shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 205842237 · Aurora, CO · NTEE: B30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $689K |
| Transparency Score | 75/100 |
Is New America College Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New America College directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New America College
New America College (EIN: 205842237) is a nonprofit organization based in Aurora, CO, classified under NTEE code B30. The organization reported total revenue of $1.5M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New America College's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New America College is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$357K |
| Total Assets | $964K |
| Total Liabilities | $275K |
| Net Assets | $689K |
| Operating Margin | 21.9% |
| Debt-to-Asset Ratio | 28.5% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2024, New America College reported a surplus of $357K with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 28.5% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), New America College's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +24.6% | +28.7% | +32.9% |
| 2023 | +8.8% | -4.5% | +45.3% |
| 2022 | +34.1% | +8.3% | +176.9% |
| 2021 | -31.2% | -27.0% | -6.9% |
| 2020 | -8.4% | -19.6% | +41.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New America College with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, New America College allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $357K, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.5%.
Executive Compensation Analysis
New America College consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $1 million annually. This either indicates a fully volunteer executive leadership or that compensation is being reported under other expense categories, which would reduce transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New America College's IRS 990 filings:
- Consistent 0% reported officer compensation, which is unusual for an organization of this scale and could indicate a lack of transparency in reporting executive pay.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for New America College:
- Consistent revenue growth, with revenue increasing from $896,667 in 2021 to $1,629,302 in 2024.
- Healthy asset growth, from $180,387 in 2021 to $964,402 in 2024, indicating strong financial health.
- Positive net income in recent years, with revenue consistently exceeding expenses (e.g., $1,629,302 revenue vs. $1,272,201 expenses in 2024).
- Decreasing liabilities in the most recent period, from $393,286 in 2023 to $275,003 in 2024, improving financial stability.
Frequently Asked Questions about New America College
Is New America College a legitimate charity?
New America College (EIN: 205842237) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New America College spend its money?
New America College directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New America College tax-deductible?
New America College is registered as a tax-exempt nonprofit (EIN: 205842237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New America College CEO make?
New America College's highest-compensated officer earns $1 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New America College's spending goes to programs?
New America College directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New America College compare to similar nonprofits?
With a transparency score of 75/100 (Good), New America College is above average for NTEE category B30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New America College located?
New America College is headquartered in Aurora, Colorado and files with the IRS under EIN 205842237. It is classified under NTEE code B30.
How many years of IRS 990 filings does New America College have?
New America College has 14 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 $1.5M in total revenue.
How does New America College manage to operate without reporting any officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that executive leadership is entirely volunteer-based, or that compensation is categorized differently within the expense reports, which would require further clarification from the organization for full transparency.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of these expense categories. While overall expenses are reported, a granular view is needed to fully assess spending efficiency and program focus.
What is the primary source of New America College's revenue?
The provided data only shows total revenue figures. To understand the sustainability and diversity of funding, knowing the primary sources (e.g., tuition, grants, donations) would be beneficial.
How does the organization plan to utilize its growing asset base?
New America College's assets have grown significantly, from $180,387 in 2021 to $964,402 in 2024. Understanding the strategic plan for these assets, whether for expansion, endowment, or operational reserves, is important for assessing long-term stability and impact.
Filing History
IRS 990 filing history for New America College showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), New America College's revenue has grown by 207.3%, moving from $530K to $1.6M. Total assets increased by 564.1% over the same period, from $145K to $964K. Total functional expenses rose by 109.5%, from $607K to $1.3M. In its most recent filing year (2024), New America College reported a surplus of $357K, with revenue exceeding expenses. The organization holds $275K in liabilities against $964K in assets (debt-to-asset ratio: 28.5%), resulting in net assets of $689K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.6M | $1.3M | $964K | $275K | — | View 990 |
| 2023 | $1.3M | $988K | $726K | $393K | — | View 990 |
| 2022 | $1.2M | $1.0M | $500K | $487K | — | View 990 |
| 2021 | $897K | $955K | $180K | $335K | — | View 990 |
| 2020 | $1.3M | $1.3M | $194K | $290K | — | View 990 |
| 2019 | $1.4M | $1.6M | $137K | $228K | — | View 990 |
| 2018 | $1.8M | $1.8M | $288K | $175K | — | View 990 |
| 2017 | $1.5M | $1.6M | $182K | $85K | — | View 990 |
| 2016 | $1.7M | $1.6M | $218K | $48K | — | View 990 |
| 2015 | $1.5M | $1.5M | $160K | $70K | — | View 990 |
| 2014 | $2.4M | $1.4M | $137K | $53K | — | View 990 |
| 2013 | $1.3M | $1.4M | $114K | $1.0M | — | View 990 |
| 2012 | $984K | $998K | $136K | $888K | — | View 990 |
| 2011 | $530K | $607K | $145K | $883K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.6M, expenses of $1.3M, and assets of $964K (revenue +24.6% year-over-year).
- 2023: Revenue of $1.3M, expenses of $988K, and assets of $726K (revenue +8.8% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.0M, and assets of $500K (revenue +34.1% year-over-year).
- 2021: Revenue of $897K, expenses of $955K, and assets of $180K (revenue -31.2% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $194K (revenue -8.4% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.6M, and assets of $137K (revenue -22.3% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.8M, and assets of $288K (revenue +23.6% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.6M, and assets of $182K (revenue -10.3% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.6M, and assets of $218K (revenue +13.5% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $160K (revenue -38.4% year-over-year).
- 2014: Revenue of $2.4M, expenses of $1.4M, and assets of $137K (revenue +88.3% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.4M, and assets of $114K (revenue +27.5% year-over-year).
- 2012: Revenue of $984K, expenses of $998K, and assets of $136K (revenue +85.5% year-over-year).
- 2011: Revenue of $530K, expenses of $607K, and assets of $145K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New America College:
Data Sources and Methodology
This transparency report for New America College 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.