New Era Colorado Action Fund
New Era Colorado Action Fund consistently reports 0% officer compensation amidst fluctuating revenues and growing assets.
EIN: 205392556 · Denver, CO · NTEE: W24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $415K |
| Program Spending | 90% |
| Net Assets | $553K |
| Transparency Score | 85/100 |
Is New Era Colorado Action Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Era Colorado Action Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Era Colorado Action Fund
New Era Colorado Action Fund (EIN: 205392556) is a nonprofit organization based in Denver, CO, classified under NTEE code W24. The organization reported total revenue of $1.0M and total assets of $647K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Era Colorado Action Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Era Colorado Action Fund is a mid-size nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 17.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $473K |
| Total Expenses | $415K |
| Surplus / Deficit | +$59K |
| Total Assets | $581K |
| Total Liabilities | $28K |
| Net Assets | $553K |
| Operating Margin | 12.4% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 16.8 months |
Financial Health Grade: A
In 2023, New Era Colorado Action Fund reported a surplus of $59K with revenue exceeding expenses, holds 16.8 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), New Era Colorado Action Fund's revenue has grown at a compound annual growth rate (CAGR) of 17.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.4% | -32.8% | -18.7% |
| 2022 | +55.1% | +307.0% | +26.5% |
| 2021 | -55.3% | -85.5% | +19.7% |
| 2020 | +132.7% | +1188.1% | +23.0% |
| 2019 | +23.8% | -75.8% | +131.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Era Colorado Action Fund with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, New Era Colorado Action Fund allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $59K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.9%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation.
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 Era Colorado Action Fund's IRS 990 filings:
- Fluctuating revenue and expenses, leading to occasional deficits (e.g., 2020 expenses of $1,041,724 against revenue of $903,059)
- Spikes in liabilities in certain years (e.g., $240,121 in 2020 and $220,686 in 2022)
Strengths
The following positive indicators were identified for New Era Colorado Action Fund:
- Consistent 0% officer compensation, indicating high efficiency in leadership costs
- Significant growth in net assets over the past decade (from $30,585 in 2014 to $580,833 in 2023)
- Generally positive financial performance in recent years (e.g., 2023 revenue of $473,415 exceeded expenses of $414,761)
Frequently Asked Questions about New Era Colorado Action Fund
Is New Era Colorado Action Fund a legitimate charity?
New Era Colorado Action Fund (EIN: 205392556) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.0M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does New Era Colorado Action Fund spend its money?
New Era Colorado Action Fund directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Era Colorado Action Fund tax-deductible?
New Era Colorado Action Fund is registered as a tax-exempt nonprofit (EIN: 205392556). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Era Colorado Action Fund's spending goes to programs?
New Era Colorado Action Fund directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Era Colorado Action Fund compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New Era Colorado Action Fund is above average for NTEE category W24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Era Colorado Action Fund located?
New Era Colorado Action Fund is headquartered in Denver, Colorado and files with the IRS under EIN 205392556. It is classified under NTEE code W24.
How many years of IRS 990 filings does New Era Colorado Action Fund have?
New Era Colorado Action Fund has 12 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 $1.0M in total revenue.
Is New Era Colorado Action Fund a good charity?
Based on the available data, New Era Colorado Action Fund appears to be a financially responsible organization, particularly due to its consistent 0% officer compensation and generally positive net assets. This suggests a strong commitment to its mission and efficient use of donor funds.
How has the organization's financial health changed over time?
The organization has shown significant growth in assets, from $30,585 in 2014 to $580,833 in 2023. Revenue and expenses have fluctuated year-to-year, with some periods of deficit (e.g., 2020 expenses exceeded revenue by over $138,000) and others of substantial surplus (e.g., 2021 revenue exceeded expenses by over $250,000).
What is the organization's approach to executive compensation?
New Era Colorado Action Fund consistently reports 0% officer compensation, indicating a highly efficient approach to leadership costs and a strong dedication to directing funds towards programmatic activities.
Are there any concerns regarding liabilities?
While assets have grown, liabilities have also seen spikes, reaching $240,121 in 2020 and $220,686 in 2022. Although these were covered by assets, monitoring the ratio of liabilities to assets is prudent for long-term financial stability.
Filing History
IRS 990 filing history for New Era Colorado Action Fund showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), New Era Colorado Action Fund's revenue has grown by 477.4%, moving from $82K to $473K. Total assets increased by 615.4% over the same period, from $81K to $581K. Total functional expenses rose by 1251.7%, from $31K to $415K. In its most recent filing year (2023), New Era Colorado Action Fund reported a surplus of $59K, with revenue exceeding expenses. The organization holds $28K in liabilities against $581K in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $553K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $473K | $415K | $581K | $28K | — | — |
| 2022 | $626K | $617K | $715K | $221K | — | View 990 |
| 2021 | $404K | $152K | $565K | $81K | — | View 990 |
| 2020 | $903K | $1.0M | $472K | $240K | — | View 990 |
| 2019 | $388K | $81K | $384K | $13K | — | View 990 |
| 2018 | $313K | $334K | $166K | $103K | — | View 990 |
| 2017 | $55K | $50K | $87K | $3K | — | — |
| 2016 | $803K | $755K | $79K | $1K | — | View 990 |
| 2015 | $59K | $53K | $33K | $2K | — | View 990 |
| 2014 | $446K | $433K | $31K | $6K | — | View 990 |
| 2013 | $50K | $120K | $11K | $0 | — | View 990 |
| 2012 | $82K | $31K | $81K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $473K, expenses of $415K, and assets of $581K (revenue -24.4% year-over-year).
- 2022: Revenue of $626K, expenses of $617K, and assets of $715K (revenue +55.1% year-over-year).
- 2021: Revenue of $404K, expenses of $152K, and assets of $565K (revenue -55.3% year-over-year).
- 2020: Revenue of $903K, expenses of $1.0M, and assets of $472K (revenue +132.7% year-over-year).
- 2019: Revenue of $388K, expenses of $81K, and assets of $384K (revenue +23.8% year-over-year).
- 2018: Revenue of $313K, expenses of $334K, and assets of $166K (revenue +468.1% year-over-year).
- 2017: Revenue of $55K, expenses of $50K, and assets of $87K (revenue -93.1% year-over-year).
- 2016: Revenue of $803K, expenses of $755K, and assets of $79K (revenue +1268.3% year-over-year).
- 2015: Revenue of $59K, expenses of $53K, and assets of $33K (revenue -86.8% year-over-year).
- 2014: Revenue of $446K, expenses of $433K, and assets of $31K (revenue +784.0% year-over-year).
- 2013: Revenue of $50K, expenses of $120K, and assets of $11K (revenue -38.5% year-over-year).
- 2012: Revenue of $82K, expenses of $31K, and assets of $81K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Era Colorado Action Fund:
Data Sources and Methodology
This transparency report for New Era Colorado Action Fund 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.