Off The Ropes
EIN: 824518688 · Boulder, CO · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $532K |
| Total Expenses | $448K |
| Net Assets | $201K |
Is Off The Ropes Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Off The Ropes
Off The Ropes (EIN: 824518688) is a nonprofit organization based in Boulder, CO, classified under NTEE code N60. The organization reported total revenue of $532K and total assets of $701K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Off The Ropes's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Off The Ropes is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 90.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $459K |
| Total Expenses | $448K |
| Surplus / Deficit | +$11K |
| Total Assets | $722K |
| Total Liabilities | $521K |
| Net Assets | $201K |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 72.1% |
| Months of Reserves | 19.3 months |
Financial Health Grade: A
In 2023, Off The Ropes reported a surplus of $11K with revenue exceeding expenses, holds 19.3 months of operating reserves (strong position), has a debt-to-asset ratio of 72.1% (high leverage).
Financial Trends
Over 6 years of filings (2018–2023), Off The Ropes's revenue has grown at a compound annual growth rate (CAGR) of 90.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.6% | -8.4% | +286.6% |
| 2022 | -11.4% | +2.6% | +7.2% |
| 2021 | +191.7% | +170.7% | +105.4% |
| 2020 | +21.4% | +64.9% | +26.8% |
| 2019 | +784.3% | +2364.8% | +385.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Off The Ropes 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 Off The Ropes 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 $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 72.1%.
Frequently Asked Questions about Off The Ropes
Is Off The Ropes a legitimate charity?
Off The Ropes (EIN: 824518688) is a registered tax-exempt nonprofit based in Colorado. It has 6 years of IRS 990 filings on record. Total revenue: $532K. No red flags identified. Financial health grade: A.
How does Off The Ropes spend its money?
Off The Ropes reported $532K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Off The Ropes tax-deductible?
Off The Ropes is registered as a tax-exempt nonprofit (EIN: 824518688). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Off The Ropes located?
Off The Ropes is headquartered in Boulder, Colorado and files with the IRS under EIN 824518688. It is classified under NTEE code N60.
How many years of IRS 990 filings does Off The Ropes have?
Off The Ropes has 6 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 $532K in total revenue.
Filing History
IRS 990 filing history for Off The Ropes showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Off The Ropes's revenue has grown by 2435.7%, moving from $18K to $459K. Total assets increased by 5147.4% over the same period, from $14K to $722K. Total functional expenses rose by 10235.4%, from $4K to $448K. In its most recent filing year (2023), Off The Ropes reported a surplus of $11K, with revenue exceeding expenses. The organization holds $521K in liabilities against $722K in assets (debt-to-asset ratio: 72.1%), resulting in net assets of $201K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $459K | $448K | $722K | $521K | — | — |
| 2022 | $502K | $490K | $187K | $137 | — | View 990 |
| 2021 | $567K | $477K | $174K | $0 | — | View 990 |
| 2020 | $194K | $176K | $85K | $0 | — | — |
| 2019 | $160K | $107K | $67K | $0 | — | View 990 |
| 2018 | $18K | $4K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $459K, expenses of $448K, and assets of $722K (revenue -8.6% year-over-year).
- 2022: Revenue of $502K, expenses of $490K, and assets of $187K (revenue -11.4% year-over-year).
- 2021: Revenue of $567K, expenses of $477K, and assets of $174K (revenue +191.7% year-over-year).
- 2020: Revenue of $194K, expenses of $176K, and assets of $85K (revenue +21.4% year-over-year).
- 2019: Revenue of $160K, expenses of $107K, and assets of $67K (revenue +784.3% year-over-year).
- 2018: Revenue of $18K, expenses of $4K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Off The Ropes:
Data Sources and Methodology
This transparency report for Off The Ropes 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.